Managed Funds - Global Deep Green Trust

Overview

Established on 31 October 2007, the Hunter Hall Global Deep Green Trust (GDG) is principally invested in an ethically screened global portfolio in enterprises which we consider make a positive impact on the wellbeing of humans, animals and the environment. The objective of the GDG is to increase the wealth of its investors by substantially outperforming global stockmarkets, benchmarked by the MSCI World Total Return Index, Net Dividends Reinvested, in Australian Dollars (MSCI World), over the long term without incurring significant risk to capital.

Key Information


Inception Date
31 October 2007
Investment Objectives
To increase the wealth of its investors by substantially outperforming global stockmarkets, benchmarked by the MSCI World Total Return Index, Net Dividends Reinvested, in Australian Dollars (MSCI World), over the long term without incurring significant risk to capital
Territory
Global (includes Australia and New Zealand)
Ethical Policy
Positive screen
Recommended Investment Time Frame
5 years+
Minimum Initial Investment
$5,000
Distributions 1
30 June and 31 December
Entry Fee
4% of which all may be rebated.
Management Fee 
1.60% per annum
Management Fee Rebate
Nil
Performance Fee
15% of any return greater than the MSCI World, payable half yearly
Advisor Remuneration
Nil
MER 2 to 30.06.2013
2.00% (excluding performance fee)
2.00% (including performance fee)
Regular Savings Plan
Yes - minimum $200 per month
Hedging Policy
Yes – up to 100% of the foreign currency exposure may be hedged primarily through short to medium term forward contracts

1. Distributions are only payable when there is net income to distribute.

2. The Management Expense Ratio (MER) is a measurement of costs incurred by an investor who invests in an unlisted Managed Investment Scheme that would not be incurred by an investor who invests directly in the same assets as held by the Scheme. The MERs shown are based on unaudited financial statements. The Indirect Cost Ratio (ICR) measures the costs of managing the Funds' investments that are not deducted directly from an investors account, including investment-related legal costs, management and performance fees paid to the investment manager, custody fees and the net effect of any GST. For the Hunter Hall Funds the ICR equates to the Total MER.

Performance as at 31/08/2014

GDG
MSCI
World
Relative
Performance
3 months
6.0%
1.9%
4.1%
6 months
-4.1%
1.0%
-5.1%
1 year
15.1%
15.3%
-0.2%
3 years
8.4%
20.8%
-12.4%
Since inception (31.10.2007)
2.2%
2.7%
-0.5%
MSCI World refers to the MSCI World Total Return Index, Net Dividend Reinvested, in A$. Investment returns have been calculated in accordance with normal industry practice utilising movements in unit price and assuming reinvestment of all distribution of income and realised profits. Past performance is no guarantee of future performance and no guarantee of future return is implied. Source: Hunter Hall.
Relative Performance Since Inception

The following chart illustrates the value of a net investment of $10,000 in the GDG since its inception on 31 October 2007, compared to a net investment of $10,000 in the MSCI World. The GDG figure is net of fees including, but not limited to, the management fee of 1.6% per annum and the 15% performance fee.
'MSCI World' refers to the MSCI World Total Return Index, Net Dividends Reinvested, in A$. All returns are on a pre-tax basis. Past performance is no guarantee of future performance. Source: Hunter Hall, Bloomberg.
Financial Year End Returns
Global Deep Green Trust (% per annum)
GDG
MSCI World
Financial YTD 2014
6.3
1.5
Year to June 2014
18.3
20.3
Year to June 2013
12.6
32.8
Year to June 2012
-1.3
-0.6
Year to June 2011
-3.7
3.0
Year to June 2010
12.8
5.5
Year to June 2009
-12.9
-16.3
8 Months to June 2008
-3.5
-18.2
Top Ten Holdings at 31/08/2014
Company
Main Business
Country
% of Net Assets
at Market Value
Sirtex Medical
liver cancer treatments
Australia
23.5
Alchemia
biotechnology
Australia
8.9
GI Dynamics
weight control devices
USA
5.8
Colefax
furnishing fabrics
UK
5.7
Rex Bionics
robotic exoskeletons
New Zealand
5.5
American Public Education
education
USA
4.4
Amiad Water Systems
water filters
Israel
4.0
Sing Tao News Corp
publishing
Hong Kong
3.8
InterDigital
wireless technologies
USA
3.7
Aegion
infrastructure protection
USA
2.9
Distributions

The net income of the Fund is distributed to unitholders as soon as practicable after each 30 June and 31 December.

Income distributions can be reinvested in additional units, deposited directly to a nominated bank account or mailed by cheque.

Click here for the Distribution Report for the period to 30 June 2014.

Distribution History

Year ended
Cash per Unit
Australian
Franking Credits
(per unit)
Foreign
Tax Credits
(per unit)
Reinvestment
Price
30/06/2014
0.0000
0.0000
0.0000
0.00
31/12/2013
0.0000
0.0000
0.0000
0.00
30/06/2013
0.0000
0.0000
0.0000
0.00
31/12/2012
0.0000
0.0000
0.0000
0.00
30/06/2012
0.0000
0.0000
0.0000
0.00
31/12/2011
0.0000
0.0000
0.0000
0.00
30/06/2011
0.0000
0.0000
0.0000
0.00
31/12/2010
0.0000
0.0000
0.0000
0.00
30/06/2010
0.0000
0.0000
0.0000
0.00
31/12/2009
0.0000
0.0000
0.0000
0.00
30/06/2009
0.0000
0.0000
0.0000
0.00
31/12/2008
0.0000
0.0000
0.0000
0.00
30/06/2008
0.0000
0.0000
0.0000
0.00
31/12/2007
0.0000
0.0000
0.0000
0.00

Ratings

The Fund has no ratings as yet.

Certification
R.I.A.A. Logo
Responsible Investment Association Australasia (RIAA) 1

Rating: Certified
Awards
AFR Smart Investor Blue Ribbon Awards 2010
Ethical/SRI Manager
(awarded to Hunter Hall)
Money Management Lonsec Fund Manager of the Year Awards
May 2011
AFR Smart Investor Blue Ribbon Awards 2010
Best International Small Cap Shares
(awarded to Hunter Hall)
AFR Smart Investor Blue Ribbon Awards 2010
August 2010
1 Hunter Hall has been certified by RIAA according to the strict disclosure practices required under the Responsible Investment Certification Program. See www.responsibleinvestment.org for details.


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