Perennial Better Future is pleased to have won the “Sustainable and Responsible Investments – Growth” category at the annual Zenith Fund Awards held in October 2022.
The annual awards recognise excellence in funds management across major asset classes and disciplines. Recognising excellence in funds management is crucial to lifting the standard of funds management in the industry for the ultimate benefit of investors. Zenith notes “It also encourages innovation, pushing the boundaries of investment thinking and attracts new talent to the industry.”
Each Zenith award is based on long-term factors derived from Zenith’s extensive research and due diligence of fund managers including:
- organisational and investment team strength;
- investment philosophy;
- security valuation and selection;
- portfolio construction;
- risk management; and
- fees.
Zenith also considers quantitative aspects of funds’ longer-term returns to investors.
This achievement provides recognition for the authentic ESG investing approach of the Perennial Better Future strategies and the Better Future team’s belief that investors can shape a better future while pursuing strong and consistent returns.
The Perennial Better Future trust has a differentiated strategy with an emphasis on seeking companies that are deemed to have a positive impact on society with exposure to activities such as healthcare, education, renewable energy or technology that assists with decarbonisation or improves social outcomes. The portfolio employs a style neutral approach with negative screens that exclude any companies that derive revenue from controversial activities, including alcohol, tobacco, weapons, and live animal exports.
Since inception in February 2018, the Perennial Better Future strategy has experienced strong demand with funds under management (FUM) of A$230 million as at 31 October 2022. This includes an A$100 million institutional mandate from Mercer Investments.
Disclaimer: The Zenith Fund Awards were issued on 14 October 2022 by Zenith Investment Partners (ABN 27 130 132 672, AFSL 226872) and are determined using proprietary methodologies. The Fund Awards are solely statements of opinion and do not represent recommendations to purchase, hold or sell any securities or make any other investment decisions. To the extent that the Fund Awards constitutes advice, it is General Advice for Wholesale clients only without taking into consideration the objectives, financial situation or needs of any specific person, including target markets where applicable. Investors should seek their own independent financial advice before making any investment decision and should consider the appropriateness of any advice. Investors should obtain a copy of and consider any relevant PDS or offer document before making any investment decisions. Past performance is not an indication of future performance. Fund Awards are current for 12 months from the date awarded and are subject to change at any time. Fund Awards for previous years are referenced for historical purposes only.
