The Sanlam Umbrella Fund recently reviewed its member investment choice menu and the trustees have approved the addition of the Sanlam Living Planet Fund with effect from 1 March 2024.
The World Wide Fund for Nature (WWF) supports the Sanlam Living Planet Fund’s aims to provide long term investors with acceptable financial returns within a framework that enhances environmental sustainability by redirecting investment flows towards sustainable opportunities and away from unsustainable practices. The mission is to reduce the degradation of the planet’s natural environment and to build a sustainable future in which humans live in harmony with nature.
The Fund is well diversified, actively managed and complies with Regulation 28 of the Pensions Funds Act. It is managed by utilizing the combined capacity of regulated authorized investment managers and the WWF, a leading international environmental organisation.
The Sanlam Living Planet Fund further aims to deliver sustainable long-term capital growth to its investors within a framework that integrates environmental principles in the investment portfolio and deliver competitive investment returns by outperforming the strategic fixed benchmark over rolling five-year periods (CPI+4% target). The Fund is widely diversified across industries, asset classes (including equities, bonds, cash), local and international markets – with foreign exposure permitted up to regulated prudential limits. Because of the environmental sustainability objective, certain exclusions, constraints or preferences will apply, especially in areas impacting climate change, water resources and biodiversity.