The Perennial Better Future Trust is an actively managed portfolio of mainly smaller and mid-cap listed (and unlisted) companies.
We seek to invest in sustainable themes such as healthcare, education, renewable energy, low carbon technology, water management, environmental services and improving social welfare. We also invest in companies that have an Environmental, Social, Governance and Engagement Score (“ESG&E Score”) that is better than the benchmark.
The Trust does not invest in companies that to our knowledge receive any revenue from the manufacture, distribution or sale of tobacco or alcohol products (including electronic nicotine delivery systems e.g. ‘vaping’ devices, e-cigarettes); the manufacture, distribution or sale of weapons or armaments; extraction or sale of thermal coal, metallurgical coal, uranium, oil or gas; gambling or betting operations; the production, sale or distribution of pornography; the manufacture or distribution of toxic pesticides; old growth forest logging; or operations or transportation associated with the live exportation of animals offshore*.
*For a full list of inclusions and exclusions, please refer to the PDS.
To outperform the benchmark over the long term after fees and expenses, by investing in a diversified portfolio of mainly smaller and mid-cap companies that are considered to be Better Future Investments (as defined in Section 3 of the PDS).
The Trust may be suitable for investors with an investment horizon of five years or more, who are seeking exposure to a portfolio of mainly smaller or mid-cap companies listed (or soon to be listed) on the ASX or New Zealand stock exchanges.
Better Future Trust Commentary 10/18