OVERVIEW

Our first product is the Student Impact Investment Fund. The Fund's vision is that in the future, people no longer see investing and social impact as distinct concepts but as one and the same. The Fund will invest in Environmental, Social and Governance (ESG) compliant firms, while donating 4% of assets under management to registered Australian charities at the end of each financial year.

The Fund is a Public ancillary fund with a company limited by guarantee as its trustee. All ‘investments’ are charitable donations, and no funds are returned to donors - as such, donors are recipients for deductible gifts. As such, the Fund will pay no income tax on Australian income, supporting strong returns through fully franked dividends. The Fund will charge negligible management fees on donations. 

View on markets

  • Social impact and investing are not distinct concepts but rather are one and the same

  • Prices deviate from their intrinsic values due to investors' mispricing information

  • Irrationality caused by investors’ misjudgments of stocks

  • While our investment mandate is broad, we believe equities provide the most opportunities to generate alpha due to the large number of market participants pursuing different agendas

competitive advantages

  • Qualitative and quantitative screens to identify potential opportunities

  • Analysts have a diverse range of academic backgrounds

  • No benchmark index, an active strategy and no minimum sector allocations ensures the scope of our portfolio remains broad and alpha may be sought through a range of markets and products

Investment process

  1. Quantitive, Qualitative and ESG screens applied to companies within the ASX 300

  2. Top-down and bottom–up blended approach used to identify stocks that are trading below fair value

  3. Each sector team pitches 2-3 stocks to the Investment Committee (IC) and Head of Risk

  4. Investment Committee (IC) votes on each investment idea. Head of Risk holds power to veto any decision by the IC

  5. Consideration is given to: (a) Thematic exposures/risks and (b) Degrees of conviction on each investment idea

  6. Exit - Price Target reached, thesis disproved or price falls under stock-loss level - stock must be re-pitched to hold position

ESG SCREENING process

ADDITIONAL INFORMATION

We aim to invest no more than 10% into 1 idea and 40% into any 1 GICS industry sector.