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Rebate Offer
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4.0% (100%)
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Minimum Initial Investment
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$5,000
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Expected Close Date
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Ongoing
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Description
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Investing in a diversified portfolio of shares in Australian companies that have been screened through SRI filters.
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| Product Disclosure Statement |  Download Product Disclosure Statement (PDS) |  Request Product Disclosure Statement (PDS) |
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The Alphinity Socially Responsible Share Fund (formerly the Challenger Socially Responsive Share Fund) aims to give investors the opportunity to integrate their social values with their long-term investment objectives. The Fund invests in a diversified portfolio of 20-30 Australian stocks listed on the ASX and aims to outperform the S&P/ASX 300 Accumulation Index after costs over rolling five-year periods.
From 12 July 210, Alphinity Investment Management Pty Limited took over as portfolio managers of the Alphinity Socially Responsible Share Fund from Challenger.
Alphinity's investment approach is based on its own proprietary Composite Research Model (CRM) which combines strong fundamental bottom up research and targeted quantitative inputs aimed specifically at identifying mispriced companies likely to deliver earnings in excess of that expected by the market. Investments by the fund are made with consideration to a company's environmental, social and governance considerations, within the framework of traditional and financial analysis. Socially responsible investment research for the Fund is undertaken by Corporate Monitor. The investment process is subject to a three step screening:
- Negative screening of industries that fail the socially investment principles set by Corporate Monitor* and ranking the investment universe.
- Detailed investment analysis
- Positive screening, portfolio construction and ongoing monitoring.
Alphinity is a boutique Australian investment manager with a high experienced investment team averaging 18 years industry experience and a strong track record. Alphinity aims to deliver consistent outperformance for its clients by investing in companies with underestimated forward earnings expectations.
| Fee Disclosure | | 2020 DIRECTINVEST will rebate 100% of the 4.0% entry fee on investments in the Challenger Socially Responsive Share Fund as additional units. 2020 DIRECTINVEST may receive a trailing commission of up to 0.44% pa. This trailing commission is paid by the fund manager and is NOT an additional charge to the investor. |
| Download Product Disclosure Statement (PDS) | | Request Product Disclosure Statement (PDS) | | Quarterly Fund Report & Commentary |  Alphinity Socially Responsible Share fund - Morningstar profile |
*After receiving a number of queries in relation to uranium mining, Corporate Monitor was requested to confirm whether the negative screening process should continue to exclude companies involved in uranium mining and/or processing and power generation derived from nuclear fuels. Corporate Monitor has confirmed that such companies should no longer be excluded from the investment universe for the Fund. This decision is a response to the changing perception of uranium and nuclear energy which are now seen as a relatively clean source of energy compared to the traditional fossil fuel alternatives.
As a result of this change, the Fund will be able to invest in companies involved in uranium mining or nuclear power production within this Fund.
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