Charities & Not-For-Profit Investors
Warakirri Ethical Australian Equities
Established in June 1993, Warakirri Ethical Australian Equities (WEAE) was Warakirri’s first offering for charitable and tax-exempt investors. Consisting of a portfolio of Australian equities, WEAE is managed by one of Australia’s leading active Australian equities managers, Northcape Capital. The high calibre Portfolio Management team at Northcape seek to invest in sustainable, high quality companies with attractive valuations listed on the Australian Securities Exchange (ASX). They believe that protecting capital in down markets is the foundation for superior returns over the long term and have a strong and practical approach to risk that focuses on avoiding companies that are structurally challenged, highly geared or have poor ESG standards. WEAE incorporates the Warakirri Ethical Overlay and aims to outperform the broader market over the medium to long term. The trust typically holds 25-40 companies. All trust income is distributed quarterly to investors.
As at 30 September 2019, the WEAE 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.
Who does this investment suit?
The Warakirri Ethical Australian Equities is best suited to:
Access to a Proven Investment Manager
Northcape’s proven process is evident in their long and consistent track record of outperformance in Australian equities going back to 2005.Northcape Australian Equities Team