Australian Ethical Investment

Australian Ethical has repositioned its International Equities Trust to focus on Global Smart Energy.

The International Equities Trust will target investment in companies involved in global sustainable energy supply and demand. This dual focus will allow the trust to benefit from the opportunities presented in combating and managing the impact of climate change.

The trust will provide specialist exposure to renewable energy supply through sources such as wind, solar and geothermal, as well as exposure to efficient and adaptive technologies in areas such as electric vehicles, recycling and smart grid systems.

This repositioning will enhance the sustainability profile of the International Equities Trust and allow for greater potential for outperformance.

Portfolio manager Ursula Tonkin said, ‘We believe that whilst renewable energy supply is growing and will become a significant contributor to lower emissions over time, large reductions in emissions can be achieved now through innovation, adaptation and consumer preference for less energy intensive products and services.

‘Other pure thematic funds only invest in the supply side of clean energy. The dual focus of this trust, both the supply and demand sides of energy use, is what will make it a leader in the marketplace.

‘The International Equities Trust has always invested in renewable energy, recycling, efficient transport and other smart energy companies, but this will now be the focus. For over 20 years Australian Ethical has been the leader in investing in these sectors.’

For further information or comment:

Ursula Tonkin
Portfolio manager
Phone 02 6201 1908  

Martin Halloran
Chief investment officer
Phone 02 6201 1966