Top 10 holdings
As at 31 October 2018
| In alphabetical order: | |||
|---|---|---|---|
| ANZ Banking Group | Financials | National Australia Bank Limited | Financials |
| BHP Billiton Limited | Materials | Wesfarmers Limited | Consumer Staples |
| Commonwealth Bank of Australia | Financials | Westpac Banking Corporation | Financials |
| CSL Limited | Health care | Woodside Petroleum Limited | Energy |
| Macquarie Group Limited | Financials | Woolworths Group Limited | Consumer Staples |
Top 10 exclusions
As at 31 October 2018, the company has excluded 24 ASX 100 companies within its investment universe from its investment portfolio due to relative governance, social and environmental performance. The following are the largest 10 companies by market capitalisation excluded.
| In alphabetical order: | |||
|---|---|---|---|
| AGL Energy Limited | Utilities | Fortescue Metals Group Limited | Materials |
| Amcor Limited | Materials | Goodman Group | Real Estate |
| AMP Limited | Financials | Ramsay Health Care Limited | Health Care |
| Aristocrat Leisure Limited | Consumer Discretionary | Tabcorp Holdings Limited | Consumer Discretionary |
| Coca-Cola Amatil Limited | Consumer Staples | Treasury Wine Estates Limited | Consumer Staples |
Portfolio carbon intensity
The Fund is focused on investment in organisations with sustainable operating practices, including minimising environmental harm, reducing the investment portfolio’s carbon impact (as measured by tonnes of CO2 per million dollars of sales) comparative to the S&P/ASX 100 index.
*As at 30 September 2018. Source: MSCI ESG Research, Bloomberg, Walsh & Company Asset Management