Charities & Not-For-Profit Investors
Warakirri Charitable Australian Equities
Established in June 1993, the Warakirri Charitable Australian Equities (WCAE) was Warakirri’s first offering for charitable and tax-exempt investors. Consisting of a portfolio of Australian equities, the WCAE is managed by our high calibre Charitable Investment Committee, who seek to invest in sustainable and undervalued companies listed on the Australian Securities Exchange (ASX). The WCAE incorporates the Warakirri Ethical Overlay and aims to outperform the broader market over the medium to long term. The trust typically holds 25-35 companies. All trust income is distributed quarterly to investors.
As at 30 September 2019, the WCAE returned +11.6% p.a. (after fees) since inception in 1993. This is +1.9% p.a. (after fees) in excess of the S&P/ASX 300 Accumulation Index and before the benefit of franking credits.
For a more detailed summary of performance, please contact investor relations on +61 3 8613 1111 or firstname.lastname@example.org
Who does this investment suit?
The Warakirri Charitable Australian Equities is best suited to:
Stable and experienced Charitable Investment Committee
- Conor Hayes
- Jim McKay
- Andrew Sisson
- Large Cap specialist
- David Slack
- Small Cap specialist
- Stephen Thompson
- Broad Market specialist
Warakirri Ethical Overlay
The Warakirri Ethical Overlay is managed by Warakirri and incorporates both positive and negative components, as detailed below.Positive Overlay
The positive overlay component incorporates a focus on investment in sustainable businesses that exhibit sound environmental, social and governance practices.Negative Overlay
The negative component excludes investment in companies that Warakirri considers have significant businesses involved in:
- Provision of gaming products and/or services;
- Manufacture of tobacco products;
- Manufacture of products that could contribute to increased levels of obesity;
- Manufacture of alcoholic beverages; and
- Manufacture of products for military applications.
- Extraction of Thermal Coal and Coal Seam GasWarakirri is ultimately responsible for the application and implementation of the Warakirri
Consistent & Proven Investment philosophy