Australian Ethical Investment Ltd · ASX:AEF
Australian Ethical Investment — FY2021 Earnings Presentation
16 slides from Australian Ethical Investment's earnings presentation, Aug 26, 2021
Slide 1: Australian Ethical Investment Ltd FY21 Analyst pack
Australian Ethical Australian Ethical Investment Ltd FY21- Analyst pack 26 August 2021
Slide 2: Overview & history
Overview & history Managing S$6bn+ as an ASX 300 listed investment manager, on behalf of members and investors. years offering investment and super solutions using our leading ethical investing approach. 70+ employees and growing. (A Best for the World for Customer & Governance by B Corps* #Top 5% o
Slide 3: Our business model
Our business model We offer a broad range of products for four different audience segments. Product Packaging Direct Customers Employers Advisers Institutions Super and Pension + 13 investment options Managed Funds + 8 managed funds - wholesale and retail offerings SMA + 1Australian Equities SMA Inv
Slide 4: Asset allocation by class
Domestic Equities 3.10 Cash 0.26 International Equity 1.28 Fixed Income 1.14 Alternatives 0.04 Unlisted Property 0.26 Australian Ethical AS
Slide 5: Managed funds FUM and net flows by fund
Fund/option Current FUM at 30 June Net flows for Reclass. and Performance for FUM at 30 Jun 21 Management Fee 20 (Sbn) FY21(Sbn) _ switches FY21 (Sbn) (Sbn) Managed Funds - Retail Balanced Fund 153! on 0.03 (0.06) 0.01 0.09 Australian Shares 1.69% 0.15 0.03 (0.03) 0.06 0.21 Emerging Companies 1.69%
Slide 6: Superannuation FUM summary
June 20 Perforn FUM summary - Superannuation = (Sbn) Defensive 0.20%. on (0.00) (0.02) 0.09 Conservative 0.63% 0.12 0.01 0.00 0.13 Balanced Accum / Pension 0.64% / 0.679 1.45 051 0.21 2.47 Growth 0.99% 0.41 0.05 on 056 International Shares 0.89% 0.07 0.01 0.02 0.10 Advocacy 1.20% 0.12 0.01 0.04 0.18
Slide 7: Investment leadership
Investment leadership Strong returns, with lower risk | Australian Shares Fund Value of $1000 invested since inception Risk/return over ten years to 2021 Annualised Return Statistic 18,000 25 16,000 14,000 20 12,000 10,000 6 8,000 10 6,000 4,000 we At wr 5 a 2,000 _ 0 0 SSESRSSESSESSSRRR a5 BZ283883
Slide 8: Outstanding performance in FY21
Outstanding performance in FY21 Australian Shares Fund + Australian share market reached new highs during the past twelve months * In keeping with the Ethical Charter, the Fund's largest sector positions typically align with forward looking sectors of the economy in areas where the team has deep dom
Slide 9: Fees
Fees Superannuation average revenue margin Managed Funds average revenue margin Includes retail, wholesale and institutional 45 1.6% . 25 171% 1.8% 4.0 1.4% Managed Funds average 1.6% Superannuation average revenue margin (RHS)* revenue margin (RHS)* 20 35 | 1.4% 1.2% 30 4.06% 1.2% 1.0% 15 25 1.0% 0
Slide 10: Investment team
Investment team Positic m r ure Experi David Macri, Chief Investment 12.5 years at AEI 20+ years of investment experience CFA Officer CIO since 2012 Previously at Macquarie Securities, Credit Suisse, Mellon, Mercer Michael Head of Domestic 5 years at AEI 20+ years of investment experience Murray, CF
Slide 11: Ethics research team
Team Position Tenure Experience member Stuart Palmer Head of Ethics 7.5 years at AEI + 30+ years experience in the financial, investment and legal sectors Research + Previously Head of Ethics Services at St James Ethics Centre, helping develop strong organisational leadership and culture to guide go
Slide 12: Growth metrics
Growth metrics FY20 2H21 1H21 AE growth metrics FUM — managed funds (Sbn) FUM - super ($bn) 3.30 272 2.56 2.26 189 FUM - total ($bn) 5.05 4.05 3.87 3.42 2.85 Investor numbers 10,111 8,995 8,302 7,776 7,853 Member numbers (funded) 52,712 48,819 43,264 40,530—-38,338 Net new funded members 3,893 5,555
Slide 13: Financial metrics
Financial metrics Financial metrics FY20 2H21 2H20 1H20 FUM based revenue (ex performance fee) ($m) Performance fee (Sm) S 3.6 e 08 e Member based revenue ($m) 2A 16 16 19 18 Operating revenue ($m) 25.6 26.6 23.3 212 198 UPAT — pre performance fee ($m) 49 27 44 29 3.2 Performance fee (ex tax & commu
Slide 14: Contacts
John McMurdo Melanie Hill Chief Executive Officer Head of Business Performance & Investor Relations Contacts 0449 903 207 & 0428 879 348 Mark Simons Camilla Herring Chief Financial Officer Head of Communications M4 msimons@australianethical.com.au M4 cherring@australianethical.com.au & 0434 369 746
Slide 15: Disclaimer
Disclaimer Australian Ethical Investment Ltd (ABN 47 003 188 930; AFSL No. 229949) is the Responsible Entity and Investment Manager of the Australian Ethical Managed Investment Funds. Interests in the Australian Ethical Retail Superannuation Fund (ABN 49 633 667 743; Fund Registration No. R1004731)
Slide 16: Thank you
Thank you Australian Ethical Ag 16
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