Change to the Pendal Sustainable Australian Fixed Interest Fund effective from 30 September 2025

Effective 30 September 2025, the:

•  Pendal Sustainable Australian Fixed Interest Fund – Class R; and
•  Pendal Sustainable Australian Fixed Interest Fund – Class W

(collectively, the Fund),

will have the flexibility to invest in non-Australian dollar denominated fixed interest securities, when we believe market conditions are supportive.  The Fund will continue to invest primarily in Australian dollar denominated fixed interest securities (including government securities, semi-government securities, supranational securities and credit securities).

Introducing a limited allocation to non-Australian dollar denominated securities is expected to enhance the Fund’s investment returns and not impact the Fund’s overall risk profile.

The Fund may obtain its non-Australian denominated exposure directly by investing in physical fixed interest securities as well as indirectly through the use of derivatives.  The Fund’s maximum investment exposure to non-Australian dollar denominated physical securities will be limited to 15% of the value of the Fund. Where exposure is obtained indirectly through the use of derivatives, the Fund’s investment exposure will be limited by interest rate risk limits.

The Fund will generally hedge back any foreign currency exposures to Australian dollars to the extent considered reasonably practicable.

The Fund will continue to be managed to its investment return objective of ‘aims to provide a return (before fees, costs and taxes) that exceeds the Bloomberg AusBond Composite 0+ Yr Index by 0.75% p.a. over rolling 3 year periods.’

Questions? 

If you have any questions, please contact our Investor Relations Team during business hours Monday to Friday on 1300 346 821.