WA Super launches impact investing
WA Super has relaunched its Sustainable Future investment option which will focus on investments promoting global change through impact investing.
The new investment vehicle would offer a diversified portfolio of high-potential, publicly traded companies whose products and services would be “geared towards solving the world’s biggest social and environmental problems.”
This would include companies whose objectives included alleviating hunger, ensuring safe water supplies, increasing access to health care, education and financial services as well as reducing carbon emissions and bridging the “digital divide”.
According to WA Super’s chief executive, Fabian Ross, the feedback from both members and employers indicated that investing in companies that really make a difference was important to them while the potential of those companies remained underappreciated by the investment community.
“While our previous Sustainable Future option did have some responsible investing practices, we believe it is important to offer our members the chance to invest in an option that seeks to promote meaningful change through impact investing,” Ross said.
“One of the other exciting benefits of this style of investing is that now our members will also have access to information that measures the social or environmental impact that these companies are actually making.
“Key performance indicators are developed by the investment manager for each investment opportunity to help clarify and track a company’s progress towards its impact goals.”
Recommended for you
The winners have been announced for the 2025 Super Fund of the Year Awards, held in Melbourne on 26 November.
Australian Ethical Superannuation has seen additional licence conditions imposed on it by APRA over the fund’s expenditure management.
The fund has strengthened its leadership team with three appointments to drive its next phase of growth and innovation.
ASIC and APRA have warned many trustees have failed to meaningfully improve retirement strategies despite the retirement income covenant being in place for three years.
TOP PERFORMING FUNDS
ACS FIXED INT - AUSTRALIA/GLOBAL BOND
Fund name
3y(%)pa
1
DomaCom DFS Mortgage
211.16 3 y p.a(%)
2
Loftus Peak Global Disruption Fund Hedged
121.06 3 y p.a(%)
3
Global X 21Shares Bitcoin ETF
72.47 3 y p.a(%)
4
Paradice Australian Mid Cap A
69.09 3 y p.a(%)
5
Smarter Money Long-Short Credit Investor USD
68.96 3 y p.a(%)
