MyNorth now offers sustainable investing to help you invest based on your values. Funds are hand selected by experts and combined in a multi-asset managed portfolio. It may be suitable for you if you’re seeking an investment which aims to deliver financial returns and contribute to making a positive sustainable change.

Guiding sustainability principles

The portfolio uses a responsible and sustainable framework for investing. Managers are assessed on their ability to meet their investment objectives, and how they integrate material environmental, social and governance (ESG) considerations in their investment and decision-making process while avoiding exposure to companies with material involvement in activities we consider negatively impact the environment or the community. The portfolio construction is guided by three principles:

1

Transitioning to a low carbon economy

2

Avoid material investments in thermal coal, tobacco, gambling, pornography and controversial weapons

3

Encourage sustainable social and environment outcomes for the community

Looking to learn more about responsible investing?

MyNorth Sustainable Managed Portfolio snapshot

The MyNorth Sustainable Managed Portfolio is offered by NMMT Limited (NMMT) and is available from a MyNorth Super, Pension or Investment account. This product is not available directly to retail clients. This snapshot provides a high-level summary and is subject to change from time to time. For full details and to understand all the fees payable when you select a particular investment option, refer to the relevant disclosure document and the MyNorth Managed Portfolios PDS.

Risk band and Risk label 5/ Medium to High
Minimum investment horizon 5 years
Investment Objective The managed portfolio seeks to generate capital growth and income over the medium to long term through a diversified portfolio of growth and defensive assets.
Designed for The managed portfolio may be suitable for investors seeking an investment that aims to deliver financial returns and make a positive sustainable change.
Portfolio income Income will be reinvested
Benchmark Morningstar Australian Multisector Growth Average Category
Investment management fee 0.20% pa of client’s portfolio balance that is deducted from their cash account
Estimated indirect costs 0.69% pa Indirect costs may be more or less than the estimated amounts and are reflected in the unit price of the underlying assets. Indirect costs may include management fees, performance-based fees, recoverable expenses, and costs of investing in derivatives.
Long-term target class asset allocation ranges   Min Max Expected long term average targets
Growth Assets  
Australian shares 7 37 30
International shares 16 46 30
Listed Property/ Infrastructure 0 25 4
Alternatives 0 22 15
Defensive Assets  
Australian fixed interest 0 29 8
International fixed interest 0 24 5
Cash 0 22 8
         

Meet the experts

The MyNorth Sustainability Managed Portfolio is brought to you by the AMP Research team and Pendal.

AMP Research team

The AMP Research team is responsible for selecting the funds in the portfolio using the guiding ESG principles. The team has substantial experience in investment manager research and portfolio management. They also run and manage the Research Choice Managed Portfolios.

Pendal

Pendal’s multi-asset team is responsible for the portfolio construction, asset allocation and on-going management. Pendal is a global investment management business offering a range of Australian and international investment choices.

For help talk to a financial adviser or contact us on 1800 667 841

Important information

Any advice in this document is provided by NMMT Limited ABN 42 058 835 573, AFSL 234653 (NMMT) and is general only. The issuer of MyNorth Managed Portfolios is NMMT. NMMT issues the interests in and is the responsible entity for MyNorth Managed Portfolios through which MyNorth Sustainable Managed Portfolio is offered. All managed portfolios may not be available across all products on the MyNorth platform and are not available directly to retail clients. The issuer of MyNorth Super and Pension is N.M. Superannuation Pty Limited ABN 31 008 428 322, AFSL 234654 (NM Super). NMMT has appointed Pendal Institutional Limited ABN 17 126 390 627 AFSL 316455 as investment manager for MyNorth Sustainable Managed Portfolios.

Any advice does not take into account any person’s personal objectives, financial situation or needs. Before a person acts on any advice, they should consider the appropriateness of any advice before making a decision about a product and should consider the MyNorth Managed Portfolios Product Disclosure Statement available from northonline.com.au or by contacting the North Service Centre on 1800 667 841. Read our Financial Services Guide for information about our services, including the fees and other benefits that AMP companies and their representatives may receive in relation to products and services provided to you.

All information on this website is subject to change without notice.

Neither NMMT, AMP Limited ABN 49 079 354 519, nor any member of the AMP group, or their associates accept liability in respect of any third party views or opinions or in respect of documents not prepared by any member of the AMP group, to the extent permitted by law. Any statement made by a third party or based on a statement made by a third party remains the opinion of that third party only.

Whilst every effort has been made to ensure the accuracy of the data provided as at the date of provision, neither NMMT, AMP Limited, nor any member of the AMP group guarantees the accuracy of the data provided and do not accept liability for loss stemming from decisions made by any person relying upon the information in this document. Information provided in this document is also subject to change.

No company in the AMP group stands behind or otherwise guarantees any investment in, or performance of, any managed portfolio, the repayment of investor’s capital or any particular rate of return. NMMT is part of the AMP group and can be contacted on 1800 667 841 or north@amp.com.au. If a person decides to purchase or vary a financial product, companies within the AMP group will receive fees and other benefits, which will be a dollar amount or a percentage of either the premium they pay or the value of their investments. Contact AMP for more details. The information on this webpage is current as at May 2020 and is subject to change without notice.