Emit Capital Climate Finance Equity Fund
NAV as at 31st May 2023
| Climate Finance Fund | Date | Entry (A$) | Mid (A$) | Exit (A$) |
|---|---|---|---|---|
| Monthly Unit Price | 31/05/2023 | 0.9523 | 0.9499 | 0.9475 |
The Emit Capital Climate Finance Equity Fund invests in globally listed companies whose activity contributes to a meaningful reduction in climate change. At the core of our investments is our Responsible Investment Policy which outlines our investment analysis and approach, incorporating our climate finance thematics, ESG and impact investing principles.
Investment markets are driving the transition to a low carbon economy with the aim of reducing emissions and limiting the rise in global temperatures. Investing in companies that benefit from the transition to a low carbon economy will, in our opinion, outperform over time.
May 2023
The Fund decreased by -0.66% net of fees for the month.
Tesla (US) and Renesas (JAPAN) were the best contributors for the month
Transport & Related Infrastructure was the strongest performing climate finance theme
North America and Japan were the best performing regions for the month
ESG score maintained at 6/10 and Impact Investment alignment at HIGH-MED
Portfolio
PERFORMANCE
As at 31st May 2023
Return on A$100k since inception
Performance as at 31st May 2023
| 1mth | 3mths | 6mths | 1yr | 2yr | S.I ** | |
|---|---|---|---|---|---|---|
| Climate Finance Fund* | -0.66% | -4.74% | -5.97% | - | - | -5.01% |
| MSCI ACWI | 0.49% | 7.00% | 7.92% | - | - | 13.03% |
* Portfolio total return net of fees
** S.I - Since Inception
Beyond 1yr is per annum
The Emit Capital Climate Finance Equity Fund invests in globally listed companies whose activity contributes to a meaningful reduction in climate change.
Energy Transformation
(e.g renewable energy)
Transport & Related Infrastructure
(e.g. electric vehicles & charging stations)
Energy Efficiency & Storage
(e.g. HVAC and batteries)
Water management
(e.g. wastewater & filtration)
One Fund Services Limited (“OFSL”), ACN 615 523 003, AFSL 493421, is the issuer and trustee of the Emit Capital Climate Finance Equity Fund. The material contained in this communication is general information only and was not prepared by OFSL but has been prepared by Emit Capital Asset Management Pty Ltd (“Emit Capital”), a Corporate Authorised Representative of One Wholesale Fund Services Ltd (“OWFS”), ACN 159 624 585, AFSL 426503. Emit Capital has made every effort to ensure the accuracy and currency of the information contained in this document. However, no warranty is made as to the accuracy or reliability of the information. Investors should consider the Information Memorandum (“IM”) dated 20 May 2022 issued by OFSL before making any decision regarding the Fund. The IM contains important information about investing in the Fund and it is important investors obtain and read a copy of the IM before deciding about whether to acquire, continue to hold or dispose of units in the Fund. You should also consult a licensed financial adviser before making an investment decision in relation to the Fund. Past performance is no guarantee of future performance. This report does not take into account a reader’s investment objectives, particular needs or financial situation and is general information only to wholesale investors and should not be considered as investment advice and should not be relied on as an investment recommendation.