Bell Global Emerging Companies Fund added to IOOF’s ESG model portfolio


Ned Bell

Global equities boutique manager Bell Asset Management today announced that its Bell Global Emerging Companies Fund (the Fund) has been added to IOOF’s environmental, social and governance (ESG) model portfolio.

The addition to IOOF’s suite of ethical investments means Australian investors can now access a diversified portfolio of 30-60 high quality, profitable and liquid global small and mid-cap (SMID) companies with strong franchises, through its ‘quality’ at a reasonable price approach. The Fund targets a higher ESG portfolio rating than its benchmark (MSCI World SMID Cap Index).

The Fund has also been added to Macquarie Investment Manager/Consolidator and Macquarie Super Manager/Consolidator, broadening access to the global SMID strategy.

IOOF Research has developed the ESG portfolio to enable its financial adviser network to meet the growing demand of its clients for sustainable investments. In selecting its managers, IOOF Research considers a stringent set of return criteria and the application of capital with consideration to a variety of ESG issues.

Commenting on the announcement, Ned Bell, Chief Investment Officer of Bell Asset Management, said: “With responsible investing on the rise in Australia, ethical investors are demanding more from asset managers and we are proud to offer a strategy where ESG screening of global small and mid-cap companies has been an integral part of the investment process since the Fund’s inception.

“We are pleased to be able to provide IOOF advisers with a quality, global equity small and mid-cap solution that aims to deliver both competitive returns and positive social and environmental outcomes,” Mr Bell added.

For the year to 31 May 2020, the Bell Global Emerging Companies Fund returned 11.6% pa outperforming its benchmark by 7.4% pa, net of fees, and 12.0% pa since inception (June 2016), outperforming the benchmark by 2.6% pa, net of fees.

Bell Asset Management is led by investment veteran Ned Bell and has been managing global equities strategies since 2003. The Bell Global Equities Fund (Global Core  strategy) and the  Bell Global Emerging Companies Fund (Global SMID strategy) are distributed to the intermediary market through Channel Capital.

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