Overview

Choose the top-rated Morningstar ESG funds

This page lists funds available on the Super and Wealth Accelerator Plus investment menu that hold the highest Morningstar Sustainability Rating (5 globes) and/or a Low Carbon Designation as at the date this page is published.

Morningstar Sustainability Rating

Investors can use the Morningstar Sustainability Rating to understand and manage the ESG implications on their investments and compare ESG risk across various managed funds within the same Morningstar Global Category.

Morningstar® Low Carbon Designation™

Investors can use the Morningstar Low Carbon Designation to identify low-carbon funds across the global universe. The designation is an indicator that the companies held in a portfolio are in general alignment with the transition to a low-carbon economy.

What is the Morningstar Sustainability Rating?

The Morningstar Sustainability Rating helps investors evaluate the relative risks of their investment options on environmental, social, and governance (ESG) factors. The Sustainability Rating is depicted on fund profiles by globe icons where a low ESG risk score equals 5 globes and a high ESG risk score equals 1 globe. Sustainability Ratings are updated monthly. It is is calculated using Sustainalytics’ ESG Risk Ratings for corporate issuers and Sustainalytics’ Country Risk Ratings for sovereign issuers and is based on historical holdings.

What is required for a fund to receive a Morningstar Sustainability Rating?

Morningstar has a number of requirements for a fund to receive a Sustainability Rating. That include: 1) At least 67% of a fund’s qualified holdings must be eligible to receive an ESG risk score (ESG Risk Rating for corporate holdings or Country Risk Rating for sovereign holdings), 2) Sustainability Rating is assigned to a fund in a Morningstar Global Category with more than 30 funds, and 3) Morningstar must be in receipt of full portfolio holdings data for a fund to attain a Sustainability Rating. The latest portfolio data must be less than nine months old.

What is the Morningstar Low Carbon Designation?

The Morningstar® Low Carbon Designation™ is assigned to portfolios that have low carbon-risk scores and low levels of fossil-fuel exposure. The designation is an indicator that the companies held in a portfolio are in general alignment with the transition to a low-carbon economy. Unlike the Sustainability Rating, the Low Carbon Designation is not a relative ranking against peers.

How does the Morningstar Low Carbon Designation work?

The Morningstar Portfolio Carbon Risk Score is the asset-weighted carbon-risk score from the equity or corporate-bond holdings in a portfolio. The Portfolio Fossil Fuel Involvement is the portfolio’s percentage exposure to fossil fuels, Both the Carbon Risk Score and Fossil Fuel Involvement is averaged over the trailing 12 months. To receive a Morningstar Portfolio Carbon Risk Score, at least 67% of portfolio assets must have a carbon-risk rating from Sustainalytics. Funds with a Carbon Risk Score below 10, and Fossil Fuel Involvement less than 7% of assets will receive the Low Carbon designation.

Where can I find out more, including the underlying methodologies?

Before using Morningstar Sustainability Rating or Low Carbon Designation, you should understand the underlying methodology which can be found at www.morningstar.com/research/signature

List of funds

Top-rated ESG managed funds

Here is a selection of the top-rated ESG managed funds available through the Netwealth platform.

Alternative

APIR Code	Name	Top Morningstar Sustainability Rating™	% AUM Covered - ESG^[1]	Sustainability Rating Date	Low Carbon Designation™	% AUM Covered - Carbon	Carbon Date
ETL2716AU	Coolabah Active Composite Bond Fund		98	31-Mar-24	Yes	85	31-Mar-24
PER0758AU	JPMorgan Global Macro Opps Class A Units		100	31-Jul-24	Yes	100	31-Jul-24
MAQ5143AU	P/E Global FX Alpha Fund	Yes	96	30-Sep-23	Yes	95	30-Sep-23
ETL0046AU	Select International Alpha Fund		98	31-Jul-24	Yes	98	31-Jul-24
WHT1465AU	Plato Global Alpha A		96	31-Jul-24	Yes	90	31-Jul-24

Australian Equities

APIR Code	Name	Top Morningstar Sustainability Rating™	% AUM Covered - ESG^[1]	Sustainability Rating Date	Low Carbon Designation™	% AUM Covered - Carbon	Carbon Date
BNT0003AU	Hyperion Australian Growth Companies		96	31-Jul-24	Yes	96	31-Jul-24
ETL1479AU	Blackwattle Mid Cap Quality		89	31-May-24	Yes	89	31-May-24
PIM8302AU	DNR Capital Australian Equities Income		100	31-Jul-24	Yes	100	31-Jul-24
PER0046AU	Perpetual Industrial	Yes	100	31-Jul-24		99	31-Jul-24
PER0116AU	Perpetual ESG Australia Share	Yes	94	31-Jul-24	Yes	88	31-Jul-24
RFA0025AU	Pendal Horizon Sustainable Aus Shr		99	31-Jul-24	Yes	99	31-Jul-24
VAN4509AU	Vanguard Ethically Cons Aust Shrs Whlsl	Yes	100	31-Jul-24	Yes	99	31-Jul-24

Australian Equities - Specialist

APIR Code	Name	Top Morningstar Sustainability Rating™	% AUM Covered - ESG^[1]	Sustainability Rating Date	Low Carbon Designation™	% AUM Covered - Carbon	Carbon Date
AAP3940AU	Ausbil Active Sustainable Equity	Yes	100	31-Jul-24	Yes	100	31-Jul-24
AUG0018AU	Australian Ethical Australian Shr WS		87	31-Jul-24	Yes	76	31-Jul-24
BFL0004AU	Bennelong ex-20 Australian Equities		100	31-Jul-24	Yes	98	30-Jun-24
BNT0101AU	Hyperion Small Growth Companies	Yes	94	31-Jul-24	Yes	95	31-Jul-24
ETL0062AU	ICE Fund		80	31-Jul-24	Yes	75	31-Jul-24
ETL7964AU	Elston Australian Emerging Leaders A		95	31-Jul-24	Yes	92	31-Jul-24
FAM0101AU	Celeste Australian Small Companies		91	31-Jul-24	Yes	83	31-Jul-24
FID0026AU	Fidelity Future Leaders		96	31-Jul-24	Yes	96	30-Jun-24
IML0010AU	Investors Mutual Concentrated Aus Share		100	31-Jul-24	Yes	100	31-Jul-24
MGE1188AU	Airlie Small Companies Fund	Yes	75	31-Jul-24		74	31-Jul-24
OPS2991AU	ECP Growth Companies		97	31-Jul-24	Yes	92	31-Jul-24
PIM1925AU	First Sentier ex-20 Australian Share W		99	31-Jul-24	Yes	98	31-Jul-24
PIM4357AU	DNR Capital Australian Emerging Coms		86	31-Jul-24	Yes	92	30-Jun-24
SSB0026AU	Martin Currie Real Income A	Yes	97	31-Jul-24		94	31-Jul-24
PER0270AU	Pengana Emerging Companies		85	31-Jul-24	Yes	79	30-Jun-24
WPC5600AU	Perennial Better Future Trust		90	31-Jul-24	Yes	75	31-Jul-24
JBW0010AU	Yarra Emerging Leaders Fund		100	31-Jul-24	Yes	96	31-Jul-24
PVA0013AU	Prime Value Emerging Opportunities Fund		83	31-Jul-24	Yes	68	31-Jul-24
WHT0008AU	Spheria Australian Smaller Companies		78	31-Jul-24	Yes	69	31-Jul-24
PVA3186AU	Prime Value Emerging Opportunities B		83	31-Jul-24	Yes	68	31-Jul-24
UGF4955AU	U Ethical Australian Equities Tr - Ins	Yes	100	31-Jul-24	Yes	100	31-Jul-24

Australian Fixed Interest

APIR Code	Name	Top Morningstar Sustainability Rating™	% AUM Covered - ESG^[1]	Sustainability Rating Date	Low Carbon Designation™	% AUM Covered - Carbon	Carbon Date
CHN0005AU	CC JCB Active Bond		100	31-Jul-24	Yes	69.36987	31-Jul-24
ETL8268AU	Artesian Corporate Bond Fund A		94	31-Mar-24	Yes	70.36987	1-Aug-24

Australian Property Securities

APIR Code	Name	Top Morningstar Sustainability Rating™	% AUM Covered - ESG^[1]	Sustainability Rating Date	Low Carbon Designation™	% AUM Covered - Carbon	Carbon Date
AMP0255AU	Macquarie Australian Listed Real EstateA	Yes	98	31-Jul-24	Yes	96	31-Jul-24
APN0008AU	Dexus AREIT	Yes	96	31-Jul-24	Yes	90	31-Jul-24
BGL0108AU	iShares Australian Listed Property Index	Yes	100	31-Jul-24	Yes	99	31-Jul-24
COL0001AU	Charter Hall Maxim Property Securities	Yes	92	31-Jul-24	Yes	90	31-Jul-24
CRM0008AU	Cromwell Phoenix Property Securities	Yes	78	31-Jul-24	Yes	71	31-Jul-24
FSF0004AU	First Sentier Property Securities	Yes	100	31-Jul-24	Yes	100	31-Jul-24
NET0010AU	BlackRock GSS Australian Property Index	Yes	100	31-Jul-24	Yes	99	31-Jul-24
ETL0119AU	SGH Property Income	Yes	84	31-Jul-24	Yes	80	31-Jul-24
VAN0004AU	Vanguard Australian Property Secs Idx	Yes	100	31-Jul-24	Yes	99	31-Jul-24
ZUR0064AU	Zurich Investments Aus Property Secs	Yes	93	31-Jul-24	Yes	90	31-Jul-24

International Equities

APIR Code	Name	Top Morningstar Sustainability Rating™	% AUM Covered - ESG^[1]	Sustainability Rating Date	Low Carbon Designation™	% AUM Covered - Carbon	Carbon Date
AAP0001AU	Candriam Sustainable Global Equity		100	31-Jul-24	Yes	100	31-Jul-24
ACM0009AU	AB Global Equities		99	31-Jul-24	Yes	99	31-Jul-24
ANT0005AU	Altrinsic Global Equities Trust		94	31-Jul-24	Yes	94	31-Jul-24
ARO0006AU	BNP Paribas C WorldWide Global Eq Trust		100	31-Jul-24	Yes	100	31-Jul-24
AUG0025AU	Australian Ethical Intl Shr WS	Yes	99	31-Jul-24	Yes	98	31-Jul-24
BPF0016AU	Bell Global Equities Platform Class	Yes	100	31-Jul-24	Yes	100	31-Jul-24
BPF6914AU	Bell Global Sustainable Unhedged	Yes	100	31-Jul-24	Yes	100	31-Jul-24
CIM0006AU	Capital Group New Perspective (AU)		100	31-Jul-24	Yes	99	31-Jul-24
CIM0008AU	Capital Group New Perspective Hdg (AU)		100	31-Jul-24	Yes	99	31-Jul-24
CIP0001AU	Cooper Investors Global Eqs Fd (Hdg)		100	31-Jul-24	Yes	100	31-Jul-24
CIP0003AU	Cooper Investors Global Eqs Fd (Unhdg)		100	31-Jul-24	Yes	100	31-Jul-24
CRS0005AU	Abrdn Sustainable International Equities		100	31-Jul-24	Yes	95	31-Jul-24
EQI0015AU	abrdn International Equity		100	31-Jul-24	Yes	100	31-Jul-24
ETL0041AU	MFS Hedged Global Equity Trust W		100	31-Jul-24	Yes	98	31-Jul-24
ETL0171AU	AXA IM Sustainable Equity		100	31-Jul-24	Yes	100	31-Jul-24
ETL0172AU	MFS Concentrated Global Equity Trust W	Yes	100	31-Jul-24	Yes	100	31-Jul-24
ETL0186AU	Janus Henderson Global Rsrch Gr		99	31-Jul-24	Yes	99	31-Jul-24
ETL0390AU	Claremont Global Fund	Yes	100	31-Jul-24	Yes	100	31-Jul-24
ETL0391AU	Claremont Global Fund (hedged)	Yes	100	31-Jul-24	Yes	100	31-Jul-24
ETL1954AU	L1 Capital International Daily		95	31-Jul-24	Yes	95	31-Jul-24
ETL8069AU	Mirova Global Sustainable Equity Fund	Yes	100	31-Jul-24	Yes	97	31-Jul-24
ETL8364AU	AXA IM Sustainable Equity A (H) AUD		100	31-Jul-24	Yes	100	31-Jul-24
FID0023AU	Fidelity Global Demographics		100	31-Jul-24	Yes	100	31-Jul-24
FRT0009AU	Franklin Global Growth A		100	31-Jul-24	Yes	95	31-Jul-24
FRT6321AU	Franklin Global Growth A (Hedged)	Yes	100	31-Jul-24	Yes	95	31-Jul-24
FSF4018AU	Baillie Gifford Sustain Growth-Class A		100	31-Jul-24	Yes	100	31-Jul-24
GMO1447AU	GMO Quality Trust		100	31-Jul-24	Yes	100	31-Jul-24
HGI7127AU	Janus Henderson Global Sustainable Eq	Yes	100	31-Jul-24	Yes	99	31-Jul-24
HOW0164AU	Alphinity Global Equity		97	31-Jul-24	Yes	100	31-Jul-24
HOW1000AU	Alphinity Global Sustainable Equity A		97	31-Jul-24	Yes	100	31-Jul-24
LAZ0025AU	Lazard Global Equity Franchise	Yes	100	31-Jul-24	Yes	100	31-Jul-24
MAQ0404AU	IFP Global Franchise Fund		99	31-Jul-24	Yes	98	31-Jul-24
MAQ0631AU	IFP Global Franchise Fund (Hedged)		98	31-Jul-24	Yes	98	31-Jul-24
MAQ3060AU	IFP Global Franchise Fund II	Yes	98	31-Jul-24	Yes	98	31-Jul-24
MGE0001AU	Magellan Global Open Class		100	31-Jul-24	Yes	100	31-Jul-24
MGE0007AU	Magellan Global (Hedged)		100	31-Jul-24	Yes	100	31-Jul-24
MIA0001AU	MFS Global Equity Trust W		100	31-Jul-24	Yes	98	31-Jul-24
MMC0110AU	Loftus Peak Global Disruption		100	31-Jul-24	Yes	100	31-Jul-24
OMF1140AU	Lakehouse Global Growth Fund		100	31-Jul-24	Yes	100	31-Jul-24
PPL0036AU	Intermede Global Equities Fund		100	31-Jul-24	Yes	100	31-Jul-24
SSB3125AU	Franklin Global Rspnb Inv M	Yes	100	31-Jul-24	Yes	100	31-Jul-24
WHT8435AU	Hyperion Global Growth Companies B		100	31-Jul-24	Yes	100	31-Jul-24
ETL5365AU	Morgan Stanley Global Sustain Hdg	Yes	100	31-Jul-24	Yes	100	31-Jul-24
ETL9199AU	Morgan Stanley Global Sustain	Yes	100	31-Jul-24	Yes	100	31-Jul-24
HHA0002AU	Pengana Axiom International H		100	31-Jul-24	Yes	100	30-Jun-24
HOW0002AU	Pengana Axiom International		100	31-Jul-24	Yes	100	30-Jun-24
INT0050AU	Morningstar Intl Shrs (Hdg) Fd - Cl A		99	31-Jul-24	Yes	99	31-Jul-24
INT0052AU	Morningstar Intl Shrs (Unhdgd) Fd - Cl A		99	31-Jul-24	Yes	99	31-Jul-24
PCL0026AU	Pengana Harding Loevner International		100	31-Jul-24	Yes	100	30-Jun-24
PDL6767AU	Pendal Global Select R		100	31-Jul-24	Yes	100	31-Jul-24
PIM5678AU	Pella Global Generations B		100	31-Jul-24	Yes	100	31-Jul-24
ETL0071AU	T. Rowe Price Global Equity I		99	31-Jul-24	Yes	98	31-Jul-24
ETL0312AU	T. Rowe Price Global Equity (Hedged)		99	31-Jul-24	Yes	98	31-Jul-24
ETL0561AU	Robeco Glb Dev Sust Enhncd Idx Eq (AUD)B		100	31-Jul-24	Yes	99	31-Jul-24
ETL6342AU	T. Rowe Price Global Impact Equity I		99	31-Jul-24	Yes	98	31-Jul-24
FHT1389AU	Polen Capital Global Growth B		100	31-Jul-24	Yes	100	31-Jul-24
FSF1675AU	Stewart Investors Wrldwide Sustnby		98	31-Jul-24	Yes	97	31-Jul-24
MAQ0410AU	Walter Scott Global Equity Fund	Yes	98	31-Jul-24	Yes	98	31-Jul-24
MAQ0557AU	Walter Scott Global Equity Hedged	Yes	98	31-Jul-24	Yes	98	31-Jul-24
MAQ9692AU	Walter Scott Global Equity No.1 Fund	Yes	98	31-Jul-24	Yes	98	31-Jul-24
PDL4608AU	Regnan Global Equity Impact Solutions		91	31-Jul-24	Yes	91	31-Jul-24
PLA0100AU	Platinum International Brands Fund		94	31-Jul-24	Yes	93	31-Jul-24
SST0057AU	State Street Climate ESG Intl Eq		99	31-Jul-24	Yes	99	31-Jul-24
SUN0031AU	Yarra Global Share		100	31-Jul-24	Yes	100	31-Jul-24
VAN0722AU	Vanguard Active Global Growth		100	31-Jul-24	Yes	100	31-Jul-24
VAN8175AU	Vanguard Ethically Cons Intl Shrs Idx		100	31-Jul-24	Yes	99	31-Jul-24
ZUR0580AU	Zurich Investments Global Growth		98	31-Jul-24	Yes	97	31-Jul-24
ZUR0581AU	Zurich Investments Unhedged Global Gr		98	31-Jul-24	Yes	97	31-Jul-24
ZUR0617AU	Zurich Investments Concentrated Glbl Gr		100	31-Jul-24	Yes	97	31-Jul-24

International Equities - Specialist

APIR Code	Name	Top Morningstar Sustainability Rating™	% AUM Covered - ESG^[1]	Sustainability Rating Date	Low Carbon Designation™	% AUM Covered - Carbon	Carbon Date
AAP3254AU	Ausbil Global Essential Infras - Unhdg	Yes	100	31-Jul-24	Yes	100	31-Jul-24
AAP3601AU	Ausbil Global Essential Infras - Hdg	Yes	100	31-Jul-24	Yes	100	31-Jul-24
ACM8902AU	AB Sustainable Global Thematic Equities	Yes	100	31-Jul-24	Yes	98	31-Jul-24
AMP7497AU	Fiera Atlas Global Companies Class A		100	31-Jul-24	Yes	100	31-Jul-24
BPF0029AU	Bell Global Emerging Companies	Yes	100	31-Jul-24	Yes	100	31-Jul-24
ECL8388AU	Ellerston Global Mid Small Cap Unhedged		91	31-Jul-24	Yes	96	31-Jul-24
EQI0028AU	abrdn Sustainable Asian Opportunities A	Yes	100	31-Jul-24	Yes	99	31-Jul-24
ETL0032AU	abrdn Sustainable Emerging Opportunities	Yes	99	31-Jul-24	Yes	97	31-Jul-24
ETL0201AU	Martin Currie Emerging Markets A		100	31-Jul-24	Yes	99	31-Jul-24
ETL0438AU	Apostle Dundas Global Equity Class C	Yes	99	31-Jul-24	Yes	99	30-Jun-24
ETL3590AU	Ashmore Emerging Markets Equity		99	31-Jul-24	Yes	98	31-Jul-24
ETL7452AU	American Century Global Small Cap		99	31-Jul-24	Yes	96	31-Jul-24
ETL8171AU	Impax Sustainable Leaders Fund A	Yes	98	31-Jul-24	Yes	97	31-Jul-24
FID0010AU	Fidelity Asia		100	31-Jul-24	Yes	97	31-Jul-24
FID0031AU	Fidelity Global Emerging Markets	Yes	99	31-Jul-24	Yes	98	31-Jul-24
FSF1240AU	Acadian Global Managed Volatility Eq A		97	31-Jul-24	Yes	95	31-Jul-24
FSF1773AU	FSSA Asian Growth Fund		100	31-Jul-24	Yes	100	31-Jul-24
FSF5774AU	Baillie Gifford LT Gbl Growth A		100	31-Jul-24	Yes	99	31-Jul-24
FSF8443AU	FSSA Global Emerg Markets Focus Fund		96	31-Jul-24	Yes	96	31-Jul-24
GSF6910AU	Man GLG Asia Opportunities A		100	31-Jul-24	Yes	100	31-Jul-24
IML0341AU	Loomis Sayles Global Equity	Yes	100	31-Jul-24	Yes	100	31-Jul-24
MGE3851AU	Magellan Core Global Fund		100	31-Jul-24	Yes	99	31-Jul-24
MGE8722AU	Magellan Core ESG Fund		100	31-Jul-24	Yes	100	31-Jul-24
NIK1854AU	Nikko AM ARK Global Disruptive Innovt		100	31-Jul-24	Yes	96	31-Jul-24
OPS8304AU	Artisan Global Discovery		98	31-Jul-24	Yes	98	31-Jul-24
PIM0058AU	Aoris International Fund B	Yes	100	31-Jul-24	Yes	100	31-Jul-24
PIM0941AU	Fairlight Global Small & Mid Cap Hedged		98	31-Jul-24	Yes	98	31-Jul-24
PIM1812AU	Aoris International Fund D Hedged	Yes	100	31-Jul-24	Yes	100	31-Jul-24
PIM6769AU	ATLAS Infrastructure Aust Fdr Fd - Unhdg	Yes	100	31-Jul-24	Yes	100	31-Jul-24
PIM7802AU	Fairlight Global Small & Mid Cap Ord		98	31-Jul-24	Yes	98	31-Jul-24
PIM9253AU	ATLAS Infrastructure Aust Fdr Fd - Hdg	Yes	100	31-Jul-24	Yes	100	31-Jul-24
SPC5039AU	GCQ Flagship P		99	31-Jul-24	Yes	99	31-Jul-24
SSB0066AU	Martin Currie Glbl LT Uncon A	Yes	100	31-Jul-24	Yes	100	31-Jul-24
WHT7072AU	Langdon Global Smaller Companies A		97	31-Jul-24	Yes	76	31-Jul-24
WHT7794AU	Firetrail S3 Global Opportunities A		100	31-Jul-24	Yes	100	31-Jul-24
ETL0365AU	Paradice Global Small Cap Fund		94	31-Jul-24	Yes	94	31-Jul-24
ETL0535AU	Nanuk New World Fund (Currency Hedged)	Yes	99	31-Jul-24	Yes	99	31-Jul-24
GSF0874AU	Munro Global Growth Small & Mid Cap A		87	31-Jul-24	Yes	83	31-Jul-24
GSF9808AU	Munro Concentrated Global Growth A		94	31-Jul-24	Yes	94	31-Jul-24
HHA0007AU	Pengana WHEB Sustainable Impact	Yes	100	31-Jul-24	Yes	97	30-Jun-24
HOW6479AU	Ox Capital Dynamic Emerging Markets		93	31-Jul-24	Yes	91	31-Jul-24
MUA0002AU	Munro Global Growth		94	31-Jul-24	Yes	94	31-Jul-24
SLT2171AU	Nanuk New World	Yes	99	31-Jul-24	Yes	99	31-Jul-24
AUS0035AU	Talaria Global Equity		98	31-Jul-24	Yes	98	31-Jul-24
BEG8747AU	Vinva Global Systematic Equities C		99	31-Jul-24	Yes	99	31-Jul-24
BFL3229AU	Skerryvore Global Em Mkts All-Cap Eq		100	31-Jul-24	Yes	99	31-Jul-24
FHT8533AU	Polen Capital Global Small and Mid Cap		97	31-Jul-24	Yes	89	31-Jul-24
MAQ0651AU	Walter Scott Emerging Markets Fund	Yes	98	31-Jul-24	Yes	98	31-Jul-24
OPS4597AU	TT Global Environmental Impact		92	31-Jul-24	Yes	77	31-Jul-24
PER2095AU	Trillium ESG Global Equity	Yes	99	31-Jul-24	Yes	98	31-Jul-24
PER4964AU	Trillium Global Sustainable Opportunties		100	31-Jul-24	Yes	99	31-Jul-24
SWI1413AU	WCM Quality Global Growth (Mng) A UnH		99	31-Jul-24	Yes	94	31-Jul-24
WFS0547AU	Talaria Global Equity Hedged		98	31-Jul-24	Yes	98	31-Jul-24
WHT6704AU	Spheria Global Opportunities		98	31-Jul-24	Yes	89	31-Jul-24
WRA4779AU	Warakirri Global Emerging Markets	Yes	100	31-Jul-24	Yes	100	31-Jul-24
ZUR4499AU	Zurich Investments ACI Healthcare Impact		99	31-Jul-24	Yes	99	31-Jul-24

International Fixed Interest

APIR Code	Name	Top Morningstar Sustainability Rating™	% AUM Covered - ESG^[1]	Sustainability Rating Date	Low Carbon Designation™	% AUM Covered - Carbon	Carbon Date
ETL0650AU	Colchester Global Green Bond I		100	31-Jul-24	Yes	100	31-Jul-24
ETL9010AU	AXA IM Global Green Bond Fund	Yes	97	31-Jul-24	Yes	90	31-Jul-24
FSF7298AU	Affirmative Global Bond Fund - A	Yes	96	31-Jul-24	Yes	74	31-Jul-24
ETL0019AU	PIMCO Global Credit W		89	31-Jul-24	Yes	71	31-Jul-24
ETL7701AU	Robeco SDG Credit Income (AUD Hdg) B		89	31-Jul-24	Yes	76	31-Jul-24
SSB8320AU	Western Asset Global Bond A		92	31-Jul-24	Yes	87	31-Jul-24
					Yes
					Yes

International Fixed Interest - Specialist

APIR Code	Name	Top Morningstar Sustainability Rating™	% AUM Covered - ESG^[1]	Sustainability Rating Date	Low Carbon Designation™	% AUM Covered - Carbon	Carbon Date
CHN8607AU	CC JCB Dynamic Alpha A		100	31-Jul-24	Yes	100	31-Jul-24
HOW0098AU	Ardea Real Outcome Fund	Yes	96	31-Jul-24	Yes	92	31-Jul-24
SSB0014AU	Brandywine Glb Oppc Fxd Inc A		90	31-Jul-24	Yes	90	31-Jul-24
ETL0445AU	PIMCO Capital Securities Wholesale		97	31-Jul-24	Yes	94	31-Jul-24
ETL0458AU	PIMCO Income Wholesale		77	31-Jul-24	Yes	71	31-Jul-24
					Yes
					Yes
					Yes

International Property

APIR Code	Name	Top Morningstar Sustainability Rating™	% AUM Covered - ESG^[1]	Sustainability Rating Date	Low Carbon Designation™	% AUM Covered - Carbon	Carbon Date
AMP0974AU	Macquarie Global Listed Real Estate A		91	31-Jul-24	Yes	91	31-Jul-24
APN0023AU	Dexus Asian REIT	Yes	87	31-Jan-24	Yes	74	31-Jan-24
BLK0252AU	iShares Global Listed Property Idx Hdg D		95	31-Jul-24	Yes	94	31-Jul-24
ETL0005AU	SGH LaSalle Global Listed Property Secs		97	31-Jul-24	Yes	97	31-Jul-24
FSF0454AU	First Sentier Global Property Securities		95	31-Jul-24	Yes	94	31-Jul-24
HML0016AU	UBS CBRE Global Property Securities Fund		94	31-Jul-24	Yes	94	31-Jul-24
IOF0081AU	Resolution Capital Global Prpt Secs II	Yes	90	31-Jul-24	Yes	90	31-Jul-24
PIM2485AU	First Sentier Global Property Sec Hdg		97	31-Jul-24	Yes	96	31-Jul-24
VAN0018AU	Vanguard International Property Secs Idx		94	31-Jul-24	Yes	94	31-Jul-24
VAN0019AU	Vanguard International Prpty Secs IdxHdg		94	31-Jul-24	Yes	94	31-Jul-24
WHT0015AU	Resolution Capital Global Property Secs		90	31-Jul-24	Yes	90	31-Jul-24

Multi-Sector 41-60%

APIR Code	Name	Top Morningstar Sustainability Rating™	% AUM Covered - ESG^[1]	Sustainability Rating Date	Low Carbon Designation™	% AUM Covered - Carbon	Carbon Date
AUG7454AU	Australian Ethical Moderate Wholesale		92	31-Jul-24	Yes	87	31-Jul-24
PER0761AU	Perpetual ESG Real Return		94	31-Jul-24	Yes	92	31-Jul-24

Multi-Sector 61-80%

APIR Code	Name	Top Morningstar Sustainability Rating™	% AUM Covered - ESG^[1]	Sustainability Rating Date	Low Carbon Designation™	% AUM Covered - Carbon	Carbon Date
AUG0017AU	Australian Ethical Balanced WS	Yes	93	31-Jul-24	Yes	89	31-Jul-24

Multi-Sector 80%+

APIR Code	Name	Top Morningstar Sustainability Rating™	% AUM Covered - ESG^[1]	Sustainability Rating Date	Low Carbon Designation™	% AUM Covered - Carbon	Carbon Date
AUG0019AU	Australian Ethical Diversified Shr WS	Yes	99	31-Jul-24	Yes	98	31-Jul-24
AUG0020AU	Australian Ethical High Growth Class B	Yes	94	31-Jul-24	Yes	91	31-Jul-24
PER0731AU	PineBridge Global Dynamic Asset Alloc I		99	31-Jul-24	Yes	98	31-Jul-24

[1] At least 67% of a fund’s qualified holdings must be eligible to receive an ESG risk score, which would either be an ESG Risk Rating (for corporate holdings) or Country Risk Rating (for sovereign holdings). For a full description of the ratings process please see the Morningstar Sustainability Rating Methodology available at https://www.morningstar.com/research/signature

[2] Available on IDPS only

How to guide

How to access the Morningstar research

To view the research and ratings you will need to login to your Netwealth account or sign up for a free research account.

Step 1

Step 2

Click 'Research' and then 'Compare Funds & Models.'

Step 3

Click the 3 dots and select 'Download research.'

Step 4

Open the pdf download and view the Morningstar Sustainability Rating and Low Carbon Designation at the top. There are definitions on the back page, as well as Sustainability information in the bottom left corner.

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Investing in ESG (Environment, Social, Governance) funds