The Trust Management ESG International Share Fund (Fund) provides a diversified exposure to international equities (excluding Australia) that meet certain ethical investment criteria.
Objective
The objective of the Fund is to generate a total return similar to the MSCI World ex Australia Index (50% hedged to NZ dollars), subject to meeting certain ethical investment criteria, before taking into account fees and expenses.
Key features
- 100% exposure to international equities (excluding Australia)
- Invests in the State Street Climate ESG Fund
- 50% currency hedged to the New Zealand dollar
- Targets significant emissions reduction (e.g. 70% lower than benchmark)
- Excludes fossil fuels, weapons, and other harmful sectors
Further information
The Fund is a portfolio investment entity (PIE)-compliant New Zealand-domiciled fund with investments managed by Trust Investments Management Limited. FundRock NZ Limited is the issuer and manager of the Fund. The Fund is registered as an offer within the Trust Management PIE Funds Scheme (a Managed Investment Scheme) under the Financial Markets Conduct Act 2013 and is regulated by the Financial Markets Authority.
Please refer to the Trust Management PIE Funds Scheme Product Disclosure Statement for more information about the Fund.
Fund updates for previous quarters are available on the Disclose Register. Choose ‘Search for an offer’ and search for ‘Trust Management PIE Funds Scheme’ as the Offer name at https://disclose-register.companiesoffice.govt.nz.
