The Fund will invest primarily in a concentrated long-only portfolio of companies focused on decarbonisation and climate change located anywhere in the world. 

The Fund will invest in a concentrated portfolio of 15 to 25 listed equities across a range of industries and countries whose earnings prospects should improve with increased investment and focus on decarbonisation

Benefits of investing in the Fund include:
Contribute to the decarbonisation of the planet: Munro has identified four sub-sectors or sub-trends of interest related to the world’s move toward a net zero carbon emissions goal:

• Clean Energy – Companies at the forefront of renewable energy generation covering wind, solar and renewable diesel.
• Clean Transport – Companies benefiting from the growth of electric vehicles, battery technology and alternative transportation.
• Energy Efficiency – Companies at the forefront of insulation products, electrical switches, lighting and metering technology.
• Circular Economy – Companies most likely to benefit from efforts to improve recycling, alternative packaging materials and management of wastewater.

These sub-sectors, or sub-trends of interest, devoted to decarbonisation may change over time based on the qualitative and quantitative assessment of Munro.

Access to climate-related investment opportunities:

Munro’s investment process, honed over 15 years, is based on the ability to identify sustainable growth trends that are under appreciated and mispriced by the market, and the resulting winning stocks. Climate investment is at the very start of its scurve, with many new climate technologies still early in the adoption phase and therefore having the potential for significant growth. Munro aims to create a portfolio of climate winners that help enable the decarbonisation of the planet.

Access to an experienced investment management team:

Munro as an investment manager has a proven 15-year track record in running global investment mandates. Via its investment management team and investment process, Munro has the ability to seek out and invest in some of the most innovative and fastest growing companies in the world today. The Fund provides pooled buying power allowing the Investment Manager to gain access to corporate investment opportunities and a lower overall cost of investing. These opportunities would be harder to find and harder to access by individual retail investors. The Investment Manager and the investment process have a strong track record of absolute returns and market outperformance over multiple market cycles.

Risk management:

Munro only manages global equities funds. Munro employs stop losses on all equity positions held by the Fund. 

This Fund is not suitable for those investors with a short investment time horizon (less than 5 years), seeking regular income or does not have a high / very high tolerance for risk given full exposure to climate-related equities

The Fund offers investors the opportunity to invest in a concentrated portfolio of listed equities across a range of industries and countries whose earnings prospects should improve with increased investment and focus on decarbonisation. The investment strategy is designed to identify sustainable growth trends that are under-appreciated and mispriced by the market, and the resulting winning stocks.

Munro utilises its proprietary investment process to generate a focused investment universe and filters these structural growth ideas into a concentrated portfolio of investments. This is achieved by leveraging topdown thematic views (‘Areas of Interest’ or ‘AoI’) in climate and Munro's bottom-up stock library to generate high conviction investment ideas. Key investment ideas are further screened through a combination of clear and defined quantitative and qualitative tests to build a collection of high conviction, index, region and sector unaware investments.

Munro recognises and has integrated Environmental, Social and Governance (ESG) considerations into its investment process and in the monitoring of portfolio investments. Munro's proprietary investment process includes qualitative factor assessment incorporating sustainability and customer perception as two key parts of a company’s characteristics. Companies that are focused on short term financial goals at the expense of long-term sustainability and customer perceptions are generally excluded. 

The Fund will invest in a concentrated portfolio of 15 to 25 listed equities across a range of industries and countries whose earnings prospects should improve with increased investment and focus on decarbonisation. The investment strategy is designed to identify sustainable growth trends that are under-appreciated and mispriced by the market, and the resulting winning stocks. The base currency of the Fund is the Australian dollar (AUD). No management of the foreign currency exposure relative to the Australian dollar is undertaken for the Fund.

The Fund will generally invest in listed global equities and cash equivalent instruments. There are minimal regional, market capitalisation or sector constraints, and no allocation limits in respect of the location, class or currency of assets.