Warakirri a finalist in the 2024 Fund Manager of the Year Awards

09 August 2024

Warakirri is pleased to be recognised as a finalist in the Financial Newswire and SQM Research 2024 Fund Manager of the Year Awards. The Warakirri Ethical Australian Equities Fund has been nominated as one of five finalists in the ‘Responsible Investments (ESG)’ category.

SQM Research collated the performance of over 10,000 active funds taking into account the three year annualised returns and sharpe ratios (risk adjusted returns) to decide on the finalists for each category. This year the awards have over 70 investment managers recognised across 22 categories.

The Warakirri Ethical Australian Equities Fund offers a diversified selection of 25-40 stocks and incorporates an independent and proprietary ethical overlay applied by Warakirri. The Fund seeks to invest in companies that operate sustainable businesses that exhibit sound Environmental, Social and Governance practices and in addition, will not invest in companies that have significant business operations in alcohol, armaments, gaming, obesity, tobacco, thermal coal and coal seam gas. In addition, the Fund’s underlying investment manager, Northcape Capital, incorporate ESG considerations into their investment decision making process.

The Fund is rated ‘recommended’ by both Zenith and Lonsec Research. Zenith’s conviction in the Fund is underpinned by the investment process, which has been successfully implemented by Northcape since 2005. “We consider the team’s collective experience to be a competitive advantage relative to peers” the ratings agency said. Lonsec Research highlighted in their latest review that “the investment process is based on rigorous fundamental research, a long-term quality-focused philosophy and disciplined execution that has proven to be repeatable and robust.”

For more information, you can visit the Warakirri Ethical Australian Equities Fund page or reach out to one of the Warakirri team.