Haven’s flagship, value-focused and ethical Haven Wealth Partners Ethical Absolute Return Fund looks to apply both stringent positive and negative screens on its investments, ensuring that it only invests in companies that contribute to making a “significant change for the better”.
ET has said that they aim to ensure the fund can focus on developing a best-in-class portfolio by taking on the responsibility of securing Haven from the pitfalls associated with ESG investing without sufficient regulatory consideration.
“We are delighted to be involved in the launch of this exciting new fund, which we believe will help to meet demand from investors for ethical portfolio solutions,” said Russell Beasley, executive general manager, corporate trustee services at ET.
“Having an independent specialist RE can bring decades of experience, ensuring the fund meets compliance and governance requirements.
“It gives fund managers the confidence to focus on the commercial investment decisions and marketing the product, while we take care of the rest.”
Nick Heuzenroeder, managing director and co-founder of Haven Wealth Partners said the fund’s launch reflected rising numbers of ethically focused investors who want products that align with their personal and religious beliefs.
“Our goal was to create a fund which makes a genuine difference to society, by limiting global warming and investing in areas such as renewable energy, healthcare and technology – while avoiding areas that are harmful to society,” he said.
“There are many products on the Australian market which claim to be ESG-focused, but we wanted to take it one step further by creating a ‘deep green’ fund that is as ethical as it can be and can be used as a core portfolio solution by investing across different asset classes.”
The fund can be accessed by retail, wholesale and institutional investors and is said to have received significant interest as ESG investing has grown at 15 times the rate of the overall Australian market.
