Investment objectives
To provide a return (after fees and expenses) that exceeds CPI by at least 3% pa, measured over rolling three and five year periods and invested in accordance with the Catholic Values Investment policy.
Investor profiles
The Catholic Values Trust is for investors seeking socially responsible investing based on the application of the Catholic Values Investment policy. The Trust should be viewed as an investment with a long-term investment horizon, i.e. at least five years.
Note: Investment returns will fluctuate, with the possibility of a negative return in some periods.
Investment policy
We use a multi-manager approach. This means the Trust assets are invested by a panel of specialist managers chosen for their skill in specific asset classes, and whose investment styles are consistent with the CCI Asset Management investment strategy.
The asset allocation of the Catholic Values Trust will have a mix of growth and defensive assets, with a benchmark position of 65% growth and 35% defensive.
Catholic Values Investment policy
Investments must qualify on investment fundamentals and are then screened for compliance with our Catholic Values Investment policy. Global equities and property assets are invested via existing wholesale unlisted Trusts. Therefore, the application of the policy within these asset classes is on a 'best fit' basis and some restricted activities may be permitted.
Returns (as at 28th February 2023)
| Performance | ||||||
|---|---|---|---|---|---|---|
| % | Month | Quarter | FYTD | Year 1 | Year 3 | Year 5 |
| Gross Performance | -0.42 | 0.56 | 8.49 | 3.76 | 6.85 | 7.95 |
| Performance (Net of Fees) | -0.48 | 0.39 | 8.03 | 3.06 | 6.15 | 7.25 |
| Objective | 0.87 | 2.61 | 7.01 | 10.64 | 7.37 | 6.33 |
Asset Allocation
| Benchmark | Policy Range% | Asset Allocation (as at 28th February 2023) | |
|---|---|---|---|
| Australian Shares | 35% | (30-40) | 33.79% |
| Overseas Shares (Unhedged) | 25% | (20-30) | 23.98% |
| Property | 5% | (0-10) | 2.37% |
| Total Growth Assets | (65)% | (55-75) | 60.14% |
| Australian Fixed Interest | 25% | (0-35) | 24.63% |
| Cash | 10% | (0-35) | 15.22% |
| Total Defensive Assets | (35)% | (25-45) | 39.85% |