The Australian Governance & Ethical Index Fund is an ASX listed managed investment scheme that invests in securities within the ASX100 Index that exhibit high levels of governance, social and environmental performance.
The Investment Manager pursues an index style of investing with a focus on those entities that exhibit strong governance frameworks, are committed to overall corporate social responsibility and undertake sustainable operating practices including minimising environmental harm. The Fund provides investors with exposure to a diversified portfolio of approximately 75 to 85 Australian equities at a low total expense ratio of 0.19% p.a. (inc GST net RITC).
In consultation with the Responsible Entity, the Investment Manager also seeks to promote adherence to overall corporate social responsibility and governance best practices in its investments by engaging with portfolio companies, directing proxies and participating in shareholder meetings.