InvestSMART

Australian Ethical Australian Shares - Managed Fund

Fund Objective
The Fund aims to significantly exceed the return of the blended index after taking into account management costs over a 7 year period.
Fund Strategy
The fund seeks to invest in a diversified share portfolio of companies predominately listed on the ASX and selected on the basis of their social, environmental and financial credentials. The fund utilizes an active stock-picking management style with stocks selected for growth rather than income, with a bias towards smaller capitalization stocks listed on the ASX. All stocks are chosen on the basis of relative value where we deem the risks are being adequately priced.

Fund Performance Comparison

Relative Fund Performance vs {{ fund.benchmark.peers.peerCount }} peers using {{ fund.benchmark.name }} as their benchmark.

{{ fund.name }}
Peers
Benchmark ({{ fund.benchmark.name }})
{{ fund.model.name }}
The performance of the peers is calculated as the total of the performance for each time period for all the funds in the peer group, divided by the number of funds in the peer group.
grow your money
Grow your money, not your fees
It's fees rather than returns that make the biggest difference to your investment's compounding returns.
Free Fees Report
investing
Investing made simple
Our professionally-tailored investment portfolios consistently beat most of our peers.
Free investor guide
Grow your money, not your fees
It's fees rather than returns that make the biggest difference to your investment's compounding returns. Free Fees Report
Investing made simple
Our professionally-tailored investment portfolios consistently beat most of our peers. Free investor guide

Fees Comparison

{{ fund.mer | number:2 }}
% p.a.
{{ fund.name }}
{{ modelPortfolio.mer * 100 | number:2 }}
% p.a.
{{ modelPortfolio.name }}
{{ fund.benchmark.peers.mer * 100 | number:2 }}
% p.a.
Average of peers ({{ fund.benchmark.peers.peerCount }})
NOTE: Fee data has been provided by Morningstar, it may not include all costs being charged on your investment such as platform and adviser fees. You should check your fund manager or adviser statements to find out the exact fees you are being charged. Peers are funds that use the same benchmark in the Morningstar database.
Upsell Banner

Fund performance

  1M 3M 6M 1Y p.a. 2Y p.a. 3Y p.a. 5Y p.a. 10Y p.a.
Total return 2.1% 2.7% 13.02% 13.88% 5.63% 1.53% 8.64% 9.92%
Growth return 2.1% 2.7% 12.19% 11.68% 0.95% -3.38% 2.22% 3.19%
Income return 0% 0% 0.83% 2.2% 4.68% 4.91% 6.42% 6.73%
Market index (S&P/ASX Small Ordinaries TR AUD )
Total return -0.05% 1.53% 11.74% 10.92% 2.24% -0.08% 4.18% 6.48%
As at 31 May 2024. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

Australian Ethical Australian Shares
Australian Equities
92.44%
Cash
7.56%
International Equities
0%
Property
0%
Fixed Interest
0%
Alternatives
0%
Average Allocation of Peers
Australian Equities
91.45%
Cash
4.18%
International Equities
2.39%
Property
1.74%
Fixed Interest
0%
Alternatives
0.25%

General Information

Fund Details
Type Description
Australian Ethical Australian Shares
Australian Ethical Investment Ltd
AUG0002AU
Equity Australia Mid/Small Blend
starstarstarstar (as at 31 May 2024)
Investment Fund
19 Sep 1994
$191.18 million (as at 30 Apr 2024)
$2.79598 (as at 12 Jun 2024)
$2.7876 (as at 12 Jun 2024)
Open
Offer information
Type Description
MER 1.69% (as at 15 Sep 2023)
Indirect Cost Ratio (ICR) 1.69% (as at 30 Sep 2022)
Performance fee (not included in ICR) 0
Minimum initial investment $500,000
Minimum redemption amount

Top 10 holdings (as at 31 Mar 2024)

Holding (as at 31 Mar 2024) Type % of Portfolio
Suncorp Group Ltd Equity 4.21%
Login now to view the complete list of holdings.

FAQs about the Australian Ethical Australian Shares

The objective of the Australian Ethical Australian Shares managed fund is The Fund aims to significantly exceed the return of the blended index after taking into account management costs over a 7 year period.

The strategy of the Australian Ethical Australian Shares managed fund is The fund seeks to invest in a diversified share portfolio of companies predominately listed on the ASX and selected on the basis of their social, environmental and financial credentials. The fund utilizes an active stock-picking management style with stocks selected for growth rather than income, with a bias towards smaller capitalization stocks listed on the ASX. All stocks are chosen on the basis of relative value where we deem the risks are being adequately priced.

The APIR code of the Australian Ethical Australian Shares managed fund is AUG0002AU.

Australian Ethical Australian Shares’s total return last month was 2.1%. This was made up of a growth return of 2.1% and an income return of 0%. These returns were calculated as at 31 May 2024.

Australian Ethical Australian Shares’s total return for the last three months was 2.7%. This was made up of a growth return of 2.7% and an income return of 0%%. These returns were calculated as at 31 May 2024.

Australian Ethical Australian Shares’s one-year total return is 13.88%. This was made up of a growth return of 11.68% and an income return of 2.2%. These returns were calculated as at 31 May 2024.

Australian Ethical Australian Shares’s one-year total return is 1.53%. This was made up of a growth return of -3.38% and an income return of 4.91%. These returns were calculated as at 31 May 2024.

The asset allocation of the Australian Ethical Australian Shares managed fund is :

Australian Equities
92.44%
Cash
7.56%
International Equities
0%
Property
0%
Fixed Interest
0%
Alternatives
0%

The Responsible Entity for the Australian Ethical Australian Shares managed fund is Australian Ethical Investment Ltd.

The Australian Ethical Australian Shares managed fund belongs to the Equity Australia Mid/Small Blend sector/asset class.

As at 30 Apr 2024, the size of the Australian Ethical Australian Shares managed fund was $191.18 million.

The Australian Ethical Australian Shares managed fund has an inception date of 19 Sep 1994.

The current entry price of the Australian Ethical Australian Shares managed fund is $2.79598 per unit and the current exit price is $2.7876 per unit (as at 12 Jun 2024).

The current exit price of the Australian Ethical Australian Shares managed fund is $2.7876 per unit and the current entry price is $2.79598 per unit (as at 12 Jun 2024).

The minimum initial investment amount for the Australian Ethical Australian Shares managed fund is $500,000.

Fund data sourced from Morningstar. Some material is copyright and published under licence from ASX Operations Pty Limited ACN 004 523 782 ("ASXO"). Data and content is provided for personal use only. Whilst every care has been taken in producing these numbers, neither Morningstar nor InvestSMART can make any guarantees around the complete accuracy of these figures. Should you decide to change investments, please read all relevant disclosure documents including the Product Disclosure Statements and if required, you may consider speaking to a financial professional for further guidance. A tax event may be realised as a result of switching investments. Past performance is not a reliable indicator of future performance.