Top 10 overweight positions

Relative to the ASX 100 Index, as at 30 April 2019

In alphabetical order:
A2 Milk Co Ltd Rio Tinto Ltd
Cleanaway Waste Management Ltd Sydney Airport
CSL Ltd Unibail-Rodamco-Westfield
Macquarie Group Ltd Woodside Petroleum Ltd
Oz Minerals Ltd WorleyParsons Ltd


Top 10 underweight positions

Relative to the ASX 100 Index, as at 30 April 2019

In alphabetical order:
AGL Energy Ltd Origin Energy Ltd
Amcor Ltd Santos Ltd
Aristocrat Leisure Ltd Sonic Healthcare Ltd
BHP Group Ltd South32 Ltd
Goodman Group Treasury Wine Estates Ltd


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