Fund description: GRNV gives investors access to a diversified portfolio of sustainable Australian companies selected on the basis of in-depth analysis by world leading research agency MSCI ESG Research. GRNV aims to provide investment returns, before fees and other costs, which track the performance of the Index.

Index description: MSCI Australia IMI Select SRI Screened Index aims to represent the performance of a diversified portfolio of Australian companies that have high Environmental, Social and Governance (ESG) performance by:

Excluding companies that own any fossil fuel reserves or derive revenue from mining thermal coal or from oil and gas related activities; Excluding companies with business activities that are not socially responsible investments (SRI); and Targeting companies with high ESG ratings.

Management style: Replication