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What can the Lighthouse Global Equity Fund actually invest in?

The fund's Statement of Investment Policy and Objectives (SIPO) defines the asset classes it can hold and the allowable target / min / max weights for each.

Strategic asset allocation ranges

Asset class Target Min Max
Cash and cash equivalents 2% -30% 70%
International equities 98% 30% 130%

Mandate flexibility (sum of max − min across all ranges): 200%. Moderate range — some manager latitude within a broader mandate.

Explicit exclusions (11)

  • Munitions
  • Firearms
  • Alcohol
  • Tobacco
  • Cannabis
  • Palm oil
  • Fossil fuels
  • Whaling
  • Gambling
  • Pornography
  • Animal testing for non-medicinal products

Responsible-investment approach

Lighthouse is a signatory to the UN Principles of Responsible Investing (PRI) and considers environmental, social, governance and other factors in investment decisions. The Fund will not invest in companies that develop, manufacture or sell munitions, firearms, alcohol, tobacco, cannabis, palm oil or fossil fuels, or that are involved in whaling, gambling, pornography or animal testing for non-medicinal products. The Fund may invest in commodity-based ETFs which have synthetic exposure to fossil fuels.

Related

ManagedFundsNZ provides information only, not personalised financial advice. SIPO documents are subject to amendment by the manager (with supervisor approval) — always check the current SIPO on the FMA Disclose register before investing.