Unit Price 11 Jul 2024:
Entry $1.0933
|
Exit $1.0879
Performance Since Inception at 30 Jun 2024 9.3% pa

Fund Overview

The IML Sustainable Future Fund (IMSFF) has a simple purpose: to invest in companies that aim to deliver attractive long-term returns for investors and a more sustainable future. It uses the same investment philosophy and fundamental bottom-up research as all of IML’s funds, so has the same focus on lower volatility and downside protection, however it only invests in companies listed on the ASX that meet its additional ESG investment criteria. The Fund uses both positive and negative ESG screening, and aims for emissions intensity of at least 30% better than its benchmark.

  • Suitable for: investors wanting to invest in companies that provide attractive capital growth and income and a more sustainable future
  • Invests in: 20-60 Australian companies listed on the ASX
  • Investment timeframe: 4+ years
  • Investment objectives: exceed the returns of the ASX 300 Accumulation index on a rolling four-year basis. The fund also aims for emissions intensity of at least 30% better than its benchmark

Fund Facts

Portfolio Manager Daniel Moore
Benchmark S&P/ASX 300 Accumulation Index
Inception 20 December 2022
ARSN 663 590 243
APIR IML1194AU
Distribution frequency Half-yearly
Peformance fee nil
Management fee 0.993% p.a. of the net assets of the fund (includes net effect of GST)

Performance

Net Performance as at 30 Jun 2024
1mth 3mth 6mth 1yr 2yrs^ 3yrs^ 5yrs^ 10yrs^ Since
inception^
Income 2.6% 2.5% 2.6% 4.7% - - - - 4.4%
Growth 0.0% -4.0% 1.2% 3.2% - - - - 4.9%
Total Return 2.6% -1.5% 3.8% 7.9% - - - - 9.3%
Benchmark* 0.9% -1.2% 4.2% 11.9% - - - - 11.0%

^ Performance per annum

* The benchmark for this fund is the S&P/ASX 300 Accumulation Index.

Fund returns are calculated using the exit price, net of management fees, assuming all distributions are reinvested with no allowance for tax. Past performance is not a reliable indicator future performance.

Disclaimer: This graph represents the dollar value of your investment if you had invested $10,000 (or your chosen amount) given your chosen time horizon versus the benchmark for the Fund with the same dollar value invested and time horizon. The fund dollar value is based upon performance for the fund, which has been calculated using the exit price, net of management fees and assuming the reinvestment of distributions. No allowance has been made for tax. The RE does not guarantee the performance of any Fund, repayment of capital or any particular rate of return. Past performance is not a reliable indicator future performance. Returns can be volatile, reflecting rises and falls in the value of the underlying investments. Investors should seek independent advice as to the suitability of the Fund to their investment needs. This is general information only and does not take into account your objectives, financial situation or needs.

Sector and stocks

The Global Industry Classification Standard (“GICS”) was developed by and is the exclusive property and a service mark of Morgan Stanley Capital International Inc, (“MSCI”) and Standard & Poor’s, a division of The McGraw-Hill Companies, Inc. (“S&P”) and is licensed for use by [Licensee]. Neither MSCI, S&P nor any third party involved in making or compiling the GICS or any GICS classifications makes any express or impIied warranties or representations with respect to such standard or classification (or the results to be obtained by the use thereof), and all such parties hereby expressly disclaim all warranties of originality, accuracy, completeness, merchantability and fitness for a particular purpose with respect to any or such standard or classification, Without limiting any or the foregoing, in no event shall MSCI, S&P, any of their affiliates or any third party involved in making or compiling the GICS or any GICS classifications have any liability for any direct, indirect, special, punitive, consequential or any other damages (including lost profits) even if notified of the possibility of such damages.
Company Name ASX code Sector % weight
National Australia Bank Limited NAB Financials 9.8%
CSL Limited CSL Health Care 7.6%
BHP Group Limited BHP Materials 7.4%
Commonwealth Bank of Australia CBA Financials 6.8%
Telstra Group Limited TLS Communication Services 6.2%
Suncorp Group Limited SUN Financials 4.7%
Steadfast Group Limited SDF Financials 4.1%
Wesfarmers Limited WES Consumer Discretionary 4.0%
Orica Limited ORI Materials 3.9%
Brambles Limited BXB Industrials 3.9%

Fund holdings as at 30 Jun 2024

The Global Industry Classification Standard (“GICS”) was developed by and is the exclusive property and a service mark of Morgan Stanley Capital International Inc, (“MSCI”) and Standard & Poor’s, a division of The McGraw-Hill Companies, Inc. (“S&P”) and is licensed for use by [Licensee]. Neither MSCI, S&P nor any third party involved in making or compiling the GICS or any GICS classifications makes any express or impIied warranties or representations with respect to such standard or classification (or the results to be obtained by the use thereof), and all such parties hereby expressly disclaim all warranties of originality, accuracy, completeness, merchantability and fitness for a particular purpose with respect to any or such standard or classification, Without limiting any or the foregoing, in no event shall MSCI, S&P, any of their affiliates or any third party involved in making or compiling the GICS or any GICS classifications have any liability for any direct, indirect, special, punitive, consequential or any other damages (including lost profits) even if notified of the possibility of such damages.

Unit Prices

Date Entry Exit
11 Jul 2024 $1.0933 $1.0879
10 Jul 2024 $1.0847 $1.0793
09 Jul 2024 $1.0840 $1.0786
08 Jul 2024 $1.0726 $1.0672
05 Jul 2024 $1.0798 $1.0744
These are historical entry and exit prices, based upon our most recent valuation, however you may not receive these prices should you apply for, or redeem units on or after the time of this communication. Cut-off times for applications and redemptions are set out in the product disclosure statement of the fund.

 

IML does not guarantee the performance of any Fund, repayment of capital or any particular rate of return. Performance returns are calculated using the exit price, net of management fees and assuming the reinvestment of distributions. No allowance is made for tax. Past performance is not a reliable indicator of future performance. Returns can be volatile, reflecting rises and falls in the value of the underlying investments. Investors should seek independent advice as to the suitability of the Fund to their investment needs. This is general information only and does not take into account your objectives, financial situation or needs.

Distribution information

Distribution history is limited as the fund was launched on 20 December 2022.
Period ending Amount (cents per unit)
June 2024 2.8279 cpu
December 2023 2.0000 cpu
June 2023 1.6700 cpu

For more information please refer to our Performance page – distributions and reports.
Past performance is not a reliable indicator of future performance as a result past distributions are not indicative of future distributions.

Distribution history is limited as the fund was launched on 20 December 2022.

Past performance is not a reliable indicator of future performance as a result past distributions are not indicative of future distributions.

Distribution history is limited as the fund was launched on 20 December 2022.

Franking level (%)
FY23
72.5%

This is not tax advice. it is important that you seek professional taxation advice that takes into account your particular circumstances before you invest or deal with your investment.

How to invest

Direct investors can click Invest Now for a step-by-step guide to investing with IML. Please contact us if you would like to request access to the IML Sustainable Future Fund through your preferred platforms.

Hugh Giddy and Jason Guthrie in front of sound wave
Simon Conn and Jason Guthrie on IML podcast
Aerial shot of waves crashing on rocks
Jason Guthrie & Bruce Du
Louise Watson and Daniel Moore
IML May Webinars Q1 2024

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