Open To Retail Investors
NorthStar Impact Australian Equities Fund
The fund is a diversified portfolio of Australian equities across a range of impact focus areas that seeks to demonstrate a financial return along with measurable positive impacts on society and the environment.
Min. Investment
$10,000
Objective
Growth and Income
Structure
Managed Fund
Asset Class
Shares/Equity
Liquidity
Unlisted liquid
Closing Date
Open Ended
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Min. Investment
$10,000
Objective
Growth and Income
Structure
Managed Fund
Asset Class
Shares/Equity
Liquidity
Unlisted liquid
Closing Date
Open Ended
Industry
Diversified, ESG/Socially Responsible/Impact
Funding Stage
Unlisted Mature Fund
Security Type
Unit in a trust
Target Capital
N/A
Availability
Open for investment
Management Fees
1.39% of the NAV
Performance Fees
20.5% of returns above benchmark
Benchmark
S&P/ASX All Ordinaries Index
Investment Time Frame
5+ Years
Number of Investments
40 - 60
Distributions
Paid Annually
Our first impact fund was launched in 2017, with the intention to offer investors a fund that only invested in companies with solutions to our social and environmental challenges.
Our vision at NorthStar Impact is to shift capital for good at scale and raise the bar for responsible investors so that social and environmental outcomes are given as much consideration as financial returns.
The Fund’s investment objectives are to invest in companies with a positive social or environmental impact, while seeking to generate an attractive investment return over the long term.
The Fund is generally suited for persons seeking long-term capital growth and those who can tolerate a high level of risk. You should speak with your financial adviser before investing in the Fund.
The key benefits and features of investing in the Fund include:
Positive social and/or environmental impact
The main business activities of the portfolio companies have a positive social and/or environmental impact (positive impact).
Measurement and reporting on positive impact
The Investment Manager seeks to measure and report on the positive impact.
Providing new capital to increase the positive impact
The Fund can provide new capital to companies which may enable them to increase their positive impact footprint.
Active company engagement
The Portfolio Managers can actively engage with the management of companies to encourage them to increase their positive impact. Generally, daily processing is available for investors for applications and redemptions.
Specialist investment managers
The portfolio is selected by experienced stock market investors with a specialisation and track record in Australian listed companies.
The NorthStar Impact Australian Equities Fund seeks to invest in companies listed primarily on an Australian securities exchange that have a positive social and/or environmental impact. The purpose of the Fund is “impact first”. This means each company in the portfolio is selected for the positive impact that is achieved by their main business activity.
The portfolio mainly comprises companies with small or midmarket capitalisations (i.e., outside of the top 100 Australian listed companies). This reflects the investable universe of positive impact companies listed on the major Australian exchanges.
For each potential portfolio company, the NorthStar Impact investment team seeks to establish that the main business activity has a positive social and/or environmental impact and looks for indicators of that impact to measure over time. Companies that meet these criteria are included in the NorthStar Impact Universe.
The Fund will invest substantially all of its assets in securities of Australian and New Zealand companies but may invest internationally.
The Fund may invest in trusts that in turn invest in eligible securities.
We utilise an institutional quality investment process to select companies for our portfolio:
Click here for our latest Performance Update.
Equity Trustees Limited (“Equity Trustees”) (ABN 46 004 031 298), AFSL 240975, is the Responsible Entity for the NorthStar Impact Australian Equities Fund. Equity Trustees is a subsidiary of EQT Holdings Limited (ABN 22 607 797 615), a publicly listed company on the Australian Securities Exchange (ASX: EQT).
This information has been prepared by North Star Impact Pty Limited (ABN 56 635 773 974), to provide you with general information only. In preparing this information, we did not take into account the investment objectives, financial situation or particular needs of any particular person.
It is not intended to take the place of professional advice and you should not take action on specific issues in reliance on this information. Neither North Star Impact Pty Limited, Equity Trustees nor any of its related parties, their employees or directors, provide and warranty of accuracy or reliability in relation to such information or accepts any liability to any person who relies on it. Past performance should not be taken as an indicator of future performance.
You should obtain a copy of the Product Disclosure Statement before making a decision about whether to invest in this product.
We believe that:
- Social and environmental outcomes must be incorporated into investment decisions to ensure a healthy, well-functioning economy, society and planet.
- For system change, the rules of capitalism need to change so that both positive and negative externalities are valued and priced.
- Investors can have impact in listed equities by supporting listed companies whose purpose is to benefit society and/or the environment.
- Investors should be long term supporters of companies to provide them with the capital to execute their strategy and to achieve their goals and purpose.
We identify companies that provide solutions to social and environmental challenges. These companies operate in areas such as affordable housing, education, health, land management, recycling, and renewable energy.
Our approach is to build an investment case based on financial and business analysis. The research into the social and environmental impacts is integrated into this approach.
For each investment, we forecast future earnings, cash flow, and balance sheet alongside the expected impact targets.
Kerry is the founder of NorthStar Impact and is responsible for overseeing the portfolio management and research into impact stocks.
Kerry has advised or invested in equities since 1992, and his investment experience includes several senior roles. In 1999 he co-founded Perennial Investment Partners, which achieved strong investment performance and reached $20 billion in assets under management within eight years. The equity funds managed by Kerry at Perennial were consistently highly ranked.
He was Head of Asia Pacific Equities at AMP capital where he was responsible for three investment teams that managed approximately $5 billion of assets. Kerry also spent time in Hong Kong where he was an Investment Director for HSBC Asset Management.
Kerry is a major shareholder of Northstar Impact. He has a Bachelor of Science (Economics) from Birkbeck College, University of London; is a Certified Investment Management Analyst (CIMA); and holds a UK Securities Industry Diploma. In 2018, he completed the Impact Measurement program at Oxford University.
Claudia has over 15 years of experience as a business and investment professional with extensive experience in stock research.
Prior to joining NorthStar Impact, she was a Senior Investment Analyst with Morphic Asset Management, a responsible investment management firm.
Other roles include Investment Analyst with Smithtan Asset Management in Hong Kong, Asian Equity Sales for Morgan Stanley (HK), Management Consultant in China, and Junior Analyst for Saltbush Funds management.
Claudia has a Bachelor of Business / Bachelor of Arts in International Studies (Accounting, Finance, Mandarin) from University of Technology, Sydney.
Michael has over 30 years of experience in large complex companies working with senior executives and their teams in corporate finance, asset management, strategy, M&A and sustainability. He has held senior strategy and finance roles at number of leading organisations including AMP, ABC, Consolidated Press Holdings as well as a consultant at Andersons. Michael is currently director of Peakview Strategy, Director of Organic Carbon Impact, an investment committee member of the Woolworths Organic Growth Fund, and is on the Advisory Board for UTS Deep Green Biotech Hub.
Michael has a Masters in Sustainability Leadership from University of Cambridge, a Masters of Business Administration (MBA) from Monash University, and a Bachelor of Commerce (Honours) in Economics from the University of Cape Town. Additionally he has professional qualifications from ASCPA, AICD and FINSIA.
Alex is an experienced funds distribution professional, having worked in senior business development roles for funds management companies over the past 14 years. Prior to joining NorthStar Impact Alex was the National Sales Manager – Private Banking and Wealth for Pengana Capital. Other roles include Key Account Manager NSW/ACT for Equity Trustees and Business Development Manager NSW/ACT for Australian Unity.
Alex has a Bachelor of Business in Property Economics from Western Sydney University.
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The issuer of this product is identified at the top of this page. The PDS and target market determination for the product are available in the Documents section of this listing. Prospective investors should consider the PDS before deciding to acquire the product. This product listing was vetted by and approved by the product issuer identified above before publishing. Investment Markets (Aust) Pty Ltd AFSL 527875 (IM) is not the issuer of the product.
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