Hi there! Welcome to the new look Pendal website... Take a two minute tour to see what we’ve changed.

Mainstream Online Web Portal

Investors can view their accounts online via a secure web portal. After registering, you can access your account balances, periodical statements, tax statements, transaction histories and distribution statements / details.
Advisers will also have access to view their clients’ accounts online via the secure web portal.

A defensive Aussie bond fund that delivers market-leading
performance with positive environmental and social outcomes.
Strong performance One of the best-performing composite bond funds in the market.^ An institutional-grade portfolio that plays a role in any portfolio due to active risk management – the hallmark of Pendal’s seasoned Bond, Income and Defensive Strategies team.

^ First quartile in Morningstar’s Australia Fund Bonds - Australia category for the three years to June 30, 2021 and since inception (Aug 3, 2016).

Read more
Defensive and diversifying The strategy protects on the downside while also participating in risk-on environments to ensure clients get maximum benefit from their allocation to a low-yielding sector. Read more
Invest in sustainable and impact bonds One of the only sustainable, actively-managed fixed income solutions of its kind. Invests in sustainable bonds screened for environmental, social and governance (ESG) factors and impact bonds designed to drive positive change and strong returns. Read more

What is Pendal Sustainable Australian Fixed Interest Fund?

Portfolio manager George Bishay manages one of the only sustainable, actively-managed fixed income solutions of its kind.^^ In this short video George explains the strategy in plain language.

^^ One of only three Australian bond funds considered sustainable out of 33 funds in Zenith’s Australian bond universe.

Our performance

The strategy has delivered strong performance — not just relative to other sustainable funds, but to the entire Australian core bond universe. This institutional-grade strategy can play a role in all portfolios due to the time-tested, active risk management processes run by our seasoned team.

The fund aims to provide a return (before fees, costs and taxes) that exceeds the Bloomberg AusBond Composite 0+ Yr Index by 0.75% pa over rolling 3-year periods.

Find out more
3 Year Fund Performance p.a. (after fees)

As at 31/07/22

Source: Pendal. Past performance is not a reliable indicator of future performance. For performance of the fund over 1 and 2 years, please refer to the Fund Performance table below.

3 Year Benchmark (Bloomberg AusBond Composite 0+ Yr Index) Performance p.a.

As at 31/07/22

Source: Pendal

Impact on society and the environment

About 40 per cent of the strategy is invested in impact bonds which aim to generate both a financial return and a positive impact on society. Many of these bonds are designed to advance the United Nations Sustainable Development Goals. Impact is recorded at the fund level, providing a tangible record of contribution. Recent investments include National Housing Finance and Investment Corporation social bonds which provide low-cost finance to community housing providers, putting a roof over the head of low-income and disadvantaged Australians.

Read Kerry and Steven’s story

Enter the value of your investment
to see your potential impact

or use the total impact of the fund

Calculate your potential impact

Here are some of the ways Pendal Sustainable Australian Fixed Interest Fund is making the world a better place (data current at April 26, 2022). Calculator results are indicative only. Actual results may differ from forecasts provided.

The Fund size averaged about $445 million in the year to December 2021 (and reached $625m million in April 2022).

Enter an amount and click “Calculate” to see what your potential impact could be:

$ Reset

The amount entered above is greater than the average FUM for this fund which was $445,000,000 during the selected time period.
Reset to fund size

Date range:

From:

To:

Investor name for PDF (optional):



After calculating, click “Download as PDF” to print.

See the positive impact associated with your money from Jan 1, 2021 to Dec 31, 2021 below:

41,654

MWh/year renewable energy generated (equivalent to annual electricity use of 9,063 Australian households)

25,664

tCO2e GHG emissions avoided (equivalent to taking 11,284 cars off road per annum)

1,125,001

litres of water cleaned, recycled or treated per annum

197,259

passenger trips per annum on low carbon transport

110

hectares of forest restored (equivalent to 62 Melbourne Cricket Ground-sized stadiums)

212

small-scale farmers supported with improved agricultural technology*

social/affordable housing*

8,338

underprivileged students educated*

373

teachers trained in developing nations*

1,448

microfinance loans made to financially underserved entrepreneurs from developing nations*

510

loans made to female-owned micro, small and medium enterprises with little access to sources of financing*

3,465

people with access to Information & Communication technology in developing nations & remote regions*

Calculating impact. This may take a minute...

The outcomes displayed by this calculator are based on data provided by the issuers of bond securities (Issuers) held by the Pendal Sustainable Fixed Interest Fund (Fund). That data relates to the impact attributable to those securities held by the Trust. Information provided by this calculator is indicative only and should not be relied upon when making an investment decision or recommendation in relation to the Trust. While we have used every effort to ensure the assumptions on which the outcomes are based are reasonable, the information provided to us by the Issuers may be inaccurate or incomplete. Actual results may differ and subsequent changes in circumstances may occur at any time that impact the accuracy of the results. Past performance is not a reliable indicator of future performance. The impact numbers are based on data from January 1, 2021 to December 31, 2021.

How are investments mapped to
UN Sustainable Development Goals?
Here are some examples:

IFC Social Bond IBRD Green Bond

IFC Social Bond

Australian Catholic University Sustainable Bond IFC Social Bond

Australian Catholic University Sustainable Bond IFC Social Bond IADB EYE Social Bond

IFC Social Bond

IBRD Green Bond Aquasure Vic Desalination (matured)

NAB Climate Bond Westpac Climate Bond IBRD Green Bond Woolworths Green Bond Mitsubishi UFJ Green CBA Climate Bond

Australian Catholic University Sustainable Bond IADB EYE Social Bond

IFC Social Bond

Australian Catholic University Sustainable Bond NAB Climate Bond Westpac Climate Bond IBRD Green Bond Woolworths Green Bond Mitsubishi UFJ Green CBA Climate Bond

NAB Climate Bond Westpac Climate Bond CBA Climate Bond

Australian Catholic University Sustainable Bond NAB Climate Bond Westpac Climate Bond IBRD Green Bond Woolworths Green Bond CBA Climate Bond

Australian Catholic University Sustainable Bond
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NAB Climate Bond
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Westpac Climate Bond
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IFC Social Bond
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IBRD Green Bond
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IADB EYE Social Bond
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Woolworths Green Bond
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Aquasure Vic Desalination (matured)
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Mitsubishi UFJ Green
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CBA Climate Bond
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Source: https://sustainabledevelopment.un.org/sdgs. These are 13 of the 17 SDGs. The others are: Life Below Water, Life on Land, Peace and Justice Strong Institutions, Partnerships to achieve the Goal

Our team

George Bishay - Portfolio Manager

George Bishay

Portfolio Manager

Managing a mix of credit, fixed interest and enhanced cash portfolios, George holds a wealth of experience in portfolio management and credit analysis with a specific focus on Asset Back Securities, Industrials, Real Estate and Resources sectors. George has managed dedicated Sustainable fixed interest portfolios for a decade. He has also worked across numerous fixed income, credit and money market portfolios in portfolio management, credit analysis and dealing roles for over 20 years. Prior to this George worked in an accounting role for three years. In 2019 George was awarded the Alpha Manager status by Money Management’s parent, FE fundinfo, in recognition of his career-long performance in the asset management industry. George was one out of 11 Australia-based investment professionals included in this list of esteemed professionals across multiple asset classes, after being assessed on his ability to create risk-adjusted alpha (outperformance) over his entire track record. George obtained a Master’s degree in Business (Finance), a Bachelor’s degree in Business (Accounting & Finance) and a Graduate Diploma in Applied Finance and Investment. He has a Registered Representatives and Dealer Accreditation with the Australian Financial Markets Associations.

Sales

Tim North Ash - Head of Distribution, Pendal Group

Tim North Ash

Head of Distribution

Peter Lambos - Head of Institutional, Pendal Group

Peter Lambos

Head of Institutional 

Lee Hopperton - Head of High Net Worth Distribution, Pendal Group

Lee Hopperton

Head of High Net Worth Distribution

Laurice Considine - Head of Independent Licensee Distribution, Pendal Group

Laurice Considine

Head of Independent Licensee Distribution

Jeremy Dean - Head of Regnan and Responsible Investment Distribution

Jeremy Dean

Head of Regnan and Responsible Investment Distribution

Fund performance

As at 31/10/22 1m 3m 1yr 3yr (p.a) 5yr (p.a) % since inception
Total return (Before fees and tax) 1.03 -2.78 -7.62 -2.13 1.35 1.22
Benchmark: Bloomberg AusBond Composite 0+ Yr Index 0.93 -2.98 -7.24 -2.97 0.72 0.61
Total return After fees 0.99 -2.87 -7.99 -2.52 0.95 0.82
Distribution 0.00 0.04 0.60 2.25 2.57 2.22
Growth 0.99 -2.92 -8.59 -4.77 -1.62 -1.40

Source of fund performance data: Pendal. Past performance is not a reliable indicator of future performance. This information is for general information and is not to be regarded as a securities recommendation. Where performance returns are quoted “After fees” then this assumes reinvestment of distributions and is calculated using exit prices which take into account management costs but not tax you may pay as an investor. Where “Growth” returns are shown, these represent the percentage change in the value of units in the fund excluding any distributions paid. “Distribution” returns equal the difference between the “Total return (After fees)”, and the Growth return. Where performance returns are quoted “After fees and tax”, they are calculated using exit prices which take into account management costs and taxes paid within the trust up to a maximum of 15%. Where performance returns are quoted “Before fees and tax”, they exclude the effects of management costs and any taxes. You can view our Unit Pricing Discretions Policy here.

Apply for the Pendal Sustainable Australian Fixed Interest Fund
Apply online via Mainstream or download the form.

Fund information

Entry price

$0.9278 (24/11/2022)

Exit price

$0.9266 (24/11/2022)

History View history
Significant features

The Pendal Sustainable Australian Fixed Interest Fund is an actively managed portfolio of Australian cash and fixed interest securities. The Fund aims to generate excess returns by investing in assets with superior sustainability credentials.

Fund objective

The Fund 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.

Pendal Fund Services Limited is the responsible entity and issuer of units in the Pendal Sustainable Australian Fixed Interest Fund (Fund) ARSN: 612 664 730. A product disclosure statement (PDS) is available for the Fund and can be obtained by calling 1800 813 886 or visiting www.pendalgroup.com. You should obtain and consider the PDS before deciding whether to acquire, continue to hold or dispose of units in the Fund. An investment in the Fund is subject to investment risk, including possible delays in repayment of withdrawal proceeds and loss of income and principal invested. The information on this website is for general information purposes only and has been prepared without taking into account any recipient’s personal objectives, financial situation or needs. Because of this recipients should, before acting on this information, consider its appropriateness having regard to their individual objectives, financial situation and needs and, if necessary, seek professional advice. This information is not to be regarded as a securities recommendation. Where performance returns are quoted “After fees” then this assumes reinvestment of distributions and is calculated using exit prices which take into account management costs but not tax you may pay as an investor. Where “Growth” returns are shown, these represent the percentage change in the value of units in the Fund excluding any distributions paid. “Distribution” returns equal the difference between the “Total return (After fees)”, and the Growth return. Where performance returns are quoted “After fees and tax”, they are calculated using exit prices which take into account management costs and taxes paid within the trust up to a maximum of 15%. Where performance returns are quoted “Before fees and tax”, they exclude the effects of management costs and any taxes. You can view our Unit Pricing Discretions Policy here.