UCA Funds Management wins MFSS Commendation Award
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UCA Funds Management is pleased to advise that it received the "Commendation 2010 on the integration of UNPRI (United Nations Principles for Responsible Investment)" Award at the Melbourne Financial Services Symposium Investment Stewardship Awards Dinner in Melbourne last night.
John Gall, the Chair of the judging panel commented that “UCA were commended by the judging panel for significantly outperforming its benchmark and its peer group in a very difficult environment. Moreover this was achieved whilst adhering to a strict ethical policy that restricted it to around 75 per cent of the market”.
In accepting the award, Graeme Rough, the CEO of UCA Funds Management, commented that the ethical investment policy of the fund was not a barrier to performance, with the UCA Growth Fund ranked first over one, three and five years to December, 2009 in its peer group as measured by Morningstar.
Moreover, he confided that it was not all that difficult to incorporate the United Nations Principles of Responsible Investment (UNPRI) into the investment process because UCA Funds Management had been taking environmental, social and governance (ESG) issues into consideration ever since the inception of its two flagship funds, UCA Growth Fund & UCA Cash Management Fund, some 25 years prior.
The 2010 MFSS Investment Stewardship Award recognises long-term responsible investment achievement and evaluates environmental, social and governance factors, such as: investment performance, governance, risk management, investment philosophy, service quality and product innovation.
2 March 2010
For further comment please contact:
Peter Thompson
Marketing Consultant
UCA Funds Management
Ph (03) 9251 5469 or
Mob 0409 010 850
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