If you’d like to invest in a managed investment that isn’t on the Investment Menu, you’ll need to contact the fund manager directly to request that the fund is added to the platform.
To get the fund added, the fund manager needs to both agree to make the fund available on the Wrap platform and be able to meet our operational and governance requirements.
A managed investment could be closed to new applications for multiple reasons, including but not limited to:
The Managed Fund profiles available on Adviser Online display the Morningstar Sustainability Rating™ and the Morningstar Low Carbon Designation. You can view these in the Adviser Online portal.
From this menu you can filter for the Morningstar Sustainability Rating, Sustainability Percent Rank and Low Carbon Designation.
Once you’ve selected the filters you want, the landing page of the Fund Comparative Performance Report will display the following:
There is an additional tab across the top of the page specifically for Sustainability.
You can also view the Fund profile in PDF format by selecting ‘Profile PDF’ on the lefthand side menu.
This will display the Morningstar Sustainability Rating™ and the Morningstar Low Carbon Designation at the top of the Fund Profile between ‘Fund Status’ and the ‘Morningstar Rating™’.
The concept of Environmental, Social, and Governance (ESG) means different things to different people. Clients (with the help of their advisers) should therefore determine what is important to them with regards to ESG and investing. A rating will not necessarily provide assurance of an investment option’s approach to ESG or an investment manager’s capability; however, ratings can provide advisers with an input when considering clients’ portfolios.
The Morningstar SustainabilityTM Rating is a measure of a fund’s ESG risks relative to its Morningstar Global Category (e.g. global equity large cap) and may not be directly comparable across different categories. Ratings are determined using bottom-up assessments of the underlying holdings within a portfolio, underpinned by Sustainalytics methodologies for assessing corporate and sovereign ESG risk. Go to Morningstar Sustainability RatingTM for more information about these methodologies.
RIAA certification is provided under RIAA’s Responsible Investment Certification Program. The Certification Standard is underpinned by eight requirements that act as the guiding principles of the RI Certification Program. If you’d like to know more about the certification program and criteria, please refer to the Responsible Investment Association of Australia.
These ratings are not the view of Macquarie.
The Morningstar Low Carbon Designation is assigned to portfolios that have low carbon-risk scores and low levels of fossil-fuel exposure.
We’ve added these ratings in response to increased demand from financial advisers and their clients to understand better how fund managers invest in relation to ESG concerns. Displaying these ESG ratings on the main investment menu allows advisers to easily identify these types of assets.
There is now a Sustainability Info section detailing further sustainability and carbon metrics information.
We’ve simplified the Macquarie Wrap Investment Menu. Previously, the ESG-related fund ratings information on our investment menu was reflected in two locations: the Eligible Investments Menu and the ESG menu. From 1 August 2023, we’ve removed the ESG Menu tab. Please note our investment options and the ESG-related fund ratings provided have not changed. The information below is now solely available through the Eligible Investments Menu:
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