Products and Performance

A range of ethical managed funds to meet the needs of wholesale and retail investors.

Product performance

For 30 June 2020

Fund 3 months % 6 months % 1 year % 5 year % p.a. 10 years % p.a. 20 years % p.a. Inception % p.a. Inception date Fund size (million)
Growth Portfolio 11.13 -4.95 0.46 8.15 9.31 8.40 10.01 1 July 1985 187.14¹
Australian Equities Trust - Wholesale² 15.28 -6.31 -0.32 8.65 8.89 8.10 10.51 1 January 1986 403.88
Australian Equities Trust - Retail* 15.35 -6.12 -0.61 7.12 7.47 - 7.72 7 July 2003 69.88
International Equities Trust³ 2.86 1.33 12.91 13.11 - - 16.24 1 Sep 2013 26.96

Product income

For 30 June 2020

Fund 3 months % 6 months % 1 year % 5 year % p.a. 10 years % p.a. 20 years % p.a. Inception % p.a. Inception date Fund size (million)
Enhanced Cash Portfolio⁴ 0.51 1.03 2.17 2.63 3.80 4.74 7.05 1 July 1985 681.17^
Enhanced Cash Trust⁵ 0.43 0.85 1.88 2.33 3.42 4.18 5.80 1977# 154.75
Funeral Fund 0.43 0.85 1.88 2.33 3.42 4.18 4.30 2 February 1997 4.55

Based on exit price with distributions reinvested, and are net of all fees. U Ethical Enhanced Cash Portfolio, U Ethical Growth Portfolio and U Ethical Australian Equities Trust - Wholesale performance includes reinvested franking credits.

Past performance is not indicative of future performance.

¹Figure includes funds invested in the U Ethical Australian Equities Trust (Wholesale), U Ethical International Equities Trust (Wholesale) and, from 1 July 2020, U Ethical Enhanced Cash Trust (Wholesale).

²On the 1 November 2019, the U Ethical Australian Equities Portfolio (the Portfolio) was transferred to a unit trust, the U Ethical Australian Equities Trust - Wholesale (the Trust). Prior to this date performance was generated by the Portfolio. The Trust retains the same investment manager, and investment strategy. From 1 November 2019, performance is that of the Trust.

³On 1 August 2019, the International Equities Portfolio was transferred from a sub-account of the U Ethical Growth Portfolio into a unit trust, the U Ethical International Equities Trust (Trust). The Trust retains the same investment manager and investment strategy, and charges management cost of 0.90% p.a.

⁴From 1 July 2020, assets of the U Ethical Enhanced Cash Portfolio were transferred into the U Ethical Enhanced Cash Trust (Wholesale), U Ethical Cash Management Trust (Wholesale) and U Ethical Diversified Income Trust (Wholesale). The product income data shown is for the Enhanced Cash Portfolio up to 30 June 2020.

⁵From 1 July 2020, the U Ethical Enhanced Cash Trust was changed to the U Ethical Cash Management Trust. Refer to the latest Product Disclosure Statement and the Significant Event Notice for more details.

*From 1 October 2015, the U Ethical Australian Equities Trust - Retail moved to a 100% Australian equities fund from previously having an 80% Australian equities and 20% cash allocation.

From 1 October 2015, the U Ethical Australian Equities Trust - Retail moved to a 100% Australian equities fund from previously having an 80% Australian equities and 20% cash allocation

^​​Figure includes funds invested from the U Ethical Enhanced Cash Trust and U Ethical Funeral Fund.

#Performance only available since December 1979.

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Things you need to know

The Fund performance table above is provided by Uniting Ethical Investors Limited (a registered business name of Uniting Ethical Investors Limited ABN 46 102 469 821 AFSL 294147) in relation to the U Ethical Cash Management Trust, U Ethical Australian Equities Trust, U Ethical Cash Management Trust (Wholesale), U Ethical Enhanced Cash Trust (Wholesale), U Ethical Diversified Income Trust (Wholesale), U Ethical Australian Equities Trust (Wholesale), U Ethical International Equities Trust (Wholesale) and U Ethical Growth Portfolio (collectively, Funds).

The information provided is general information only. It does not constitute financial, tax or legal advice or an offer or solicitation to subscribe for units in any of the Funds for which U Ethical is the issuer, trustee, responsible entity or administrator.

This information has been prepared without taking account of your objectives, financial situation or needs. Before acting on the information or deciding whether to acquire or hold a product, you should consider the appropriateness of the information based on your own objectives, financial situation or needs or consult a professional adviser. You should also consider the relevant Product Disclosure Statement (PDS) or Offer Document (OD) or Information Memorandum (IM) or Additional information Booklet (AIB) (collectively, Disclosure Documents) which can be found here or by calling us on 1800 996 888.

The U Ethical Cash Management Trust and U Ethical Australian Equities Trust are issued and managed by U Ethical Investors Limited (ABN 46 102 469 821 AFSL 294147 as Responsible Entity.

The U Ethical Growth Portfolio and Enhanced Cash Portfolio (collectively, Portfolios) are not prudentially supervised by the Australian Prudential Regulation Authority (APRA). Therefore, an investor in the Portfolios and Fund will not receive the benefit of the financial claims scheme or the depositor protection provisions in the Banking Act 1959. The Portfolio products are listed as religious charitable development funds in APRA's Banking Exemption. Investments in the Portfolios are used to support the charitable purposes of the Uniting Church in Australia.

U Ethical Enhanced Cash Portfolio (no longer open to external investors) was issued by UCA Cash Management Fund Limited ABN 41 075 948 444 (UCA Cash).

U Ethical Growth Portfolio is issued by UCA Growth Fund Limited ABN 39 075 948 435 (UCA Growth).

UCA Growth and UCA Cash relies on the exemptions under section 5(1) and 5(2) of ASIC Corporations (Charitable Investment Fundraising) Instrument 2016/813.

U Ethical Funeral Fund is issued and managed by U Ethical Investors Limited. U Ethical Investors Limited relies on the exemption under section 5(1) of ASIC Corporations (Charitable Investment Fundraising) Instrument 2016/813 in relation to the operation of the U Ethical Funeral Fund.

We are required to notify investors that the debentures in the Portfolios and the Funeral Fund, and their offering, or interests in the Funeral Fund and their offering, are not subject to the usual protections for investors under the Corporations Act or regulation by ASIC and have not been approved or examined by ASIC. Investors in the Portfolios and the Funeral Fund may be unable to get some or all of their money back when the investor expects or at all. Investment in the Portfolios and the Funeral Fund is not comparable to investments with banks, finance companies or fund managers.

U Ethical may receive management costs from the Portfolios and Funds, please see the current Disclosure Documents for details. U Ethical, their affiliates and associates accept no liability for any inaccurate, incomplete or omitted information of any kind or any losses caused by using this information. All investments carry risks. There can be no assurance that any U Ethical Fund will achieve its targeted rate of return and no guarantee against loss resulting from an investment in any U Ethical Funds.

Past product performance is not indicative of future performance.