Charities & Not-For-Profit Investors

To learn more please contact investor relations:

T: +61 3 8613 1111
E: Investor Relations

Warakirri Charitable Diversified Equities Fund

Overview

Established in June 2014, the Warakirri Charitable Diversified Equities fund (WCDE) is a multi-manager Australian equities fund designed and managed for charitable and tax-exempt investors. Based on our longer running fund, the Warakirri Australian Equities Pensions & Charities Fund, the WCDEF takes advantage of Warakirri’s long-standing expertise in developing multi-manager funds and incorporates the Warakirri Ethical Overlay.

The WCDE provides a diversified exposure to high quality Australian equities managers identified by Warakirri as having the ability to manage tax-exempt investments. The fund typically holds 100+ companies. All fund income is distributed quarterly to investors.

Performance

As at 30 September 2018, the WCDE has returned +10.5% p.a. (net of fees, after franking credits) since its June 2014 inception. This has been +1.4% p.a. (after fees) in excess of its benchmark, an after-tax version of the S&P/ASX 300 Accumulation Index assuming tax-exempt status.

CDEF
For a more detailed summary of performance, please contact investor relations on +61 3 8613 1111 or investorrelations@warakirri.com.au
Who does this investment suit?

The Warakirri Charitable Diversified Equities fund is best suited to:

Tax-exempt investors who have the ability to claim franking credits
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Investors who have an investment horizon of  5 years+
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Investors who require an ethical overlay
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Investors seeking diversification across different managers
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Key Attributes

Access to Proven Investment Managers

Current managers are:

  • Alliance Bernstein
  • Cooper Investors
  • Greencape Capital
  • Sterling Equity
  • Ubique Asset Management

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 Gas

Warakirri is ultimately responsible for the application and implementation of the Warakirri

Consistent & Proven Investment Approach

Warakirri adds value through active management by:

  • Rigorous analysis of managers and their stock portfolios;
  • Constructing portfolios of managers with different styles;
  • Blending managers to mitigate individual portfolio manager, single firm, or style risk; and
  • Intensive ongoing monitoring – typically onsite discussions with each manager at least twice per quarter.