ELMRI ANZ Conviction Fund 

Performance

As at 30 November 2024

3 months 6 months 12 months Inception*
ELMRI ANZ Conviction Fund 15.5% 24.3% 44.7% 76.0%
Benchmark: S&P / ASX 300 Accumulation Index 5.5% 11.3% 23.2% 55.6%
Ethical Benchmark: NASDAQ Future Australian Sustainability Leaders** 6.3% 15.3% 28.7% 40.4%

*The inception date of the ELMRI ANZ Conviction Fund is 10th October 2019. 
** Tracked by BetaShares Australian Sustainability Leaders ETF

The Investment Strategy

The ELMRI ANZ Conviction Fund is a concentrated portfolio of our best domestic ideas. We combine our Sustainability Framework with our Investment Framework to construct an ethical portfolio of companies that are facilitating the transition to a more sustainable world.

Through our Sustainability Framework we are guided by the United Nations Sustainable Development Goals, which we use to ensure companies are aligned with the most pressing challenges facing humanity. We then apply the Impact Management Project’s Five Dimensions of Impact, to prioritise those companies that are actively contributing to the solutions for these problems.

Our Investment Framework includes traditional financial models and analytical methods, with an emphasis on identifying high-quality companies by focusing on management and culture. We look to draw a road-map for how shareholder value could be created and realised by the market, identify sustainable long-term competitive advantages, and integrate analysis of each company’s financial performance and ESG integration.

Through this process we identify a pool of possible investments, then constructing a portfolio of between 10-30 companies, prioritising our highest conviction ideas.  We maintain a long-term investment horizon, and behave like business owners, not stock traders.

Key Features of the Fund

Investment: Units in ELMRI ANZ Conviction Fund, a fixed unit trust.

Objective: The Fund aims to outperform the S&P / ASX 300 Accumulation Index (Benchmark) on a net of fees basis, by investing in companies that operate ethically, responsibly and sustainably. 

Investment Manager and Trustee: ELM Responsible Investments Pty Ltd.

Investors: Wholesale and sophisticated investors only.

Benchmark: S&P / ASX 300 Accumulation Index.

Inception Date: 10 October 2019.

Suggested Investment Time Frame: 5+ years.

Base Fees: Management fees of 0.65%pa (+ GST) of the net asset value of the Fund, calculated and paid quarterly. Other expenses and indirect costs may apply.

Performance Fee: 25% (+ GST) of the Fund’s out-performance of the S&P / ASX 300 Accumulation Index subject to a high water mark.

Key Areas of Investment

  • Renewable Energy

  • Employment & Education

  • Software & Services

  • Biotechnology

  • Medical Devices

  • Digital Wallets

  • Health Technology

  • Property & Infrastructure

  • Housing & Sustainable Building Products

Current Holdings 

Principles

Our Responsible Investing Principles

Our Sustainability Statement provides a clear explanation of our principles, allowing you to assess whether our approach aligns with yours.

Voting and Engagement

Voting is a privilege and a responsibility. We vote in ways that align with our clients' long-term economic interests and sustainability goals. We also engage with companies, focusing on critical issues and areas needing improvement.

TCFD Report

TCFD developed a set of recommended climate-related disclosures for companies and financial institutions. These recommendations help investors, shareholders and the public better understand their climate-related financial risks.

How To Invest

We are currently accepting new investors. The ELMRI ANZ Conviction Fund is available to wholesale and sophisticated investors only, and there is a minimum initial investment of $100,000.

Invest Directly

You can invest directly through the application portal, accessed via the ‘Invest Now’ button below. If you would like a paper copy of the application form, please email us at info@elmri.com and we will arrange for one to be sent to you.

Please ensure you have read our Information Memorandum (“IM”), which outlines key details and dates in the applications process.