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Introducing Regnan:
a leader in responsible investing

Regnan is a responsible investment pioneer with a long, proud heritage in providing advice and insights on environmental, social and governance issues. Regnan’s Credit Impact Trust is distributed in Australia by Pendal.

A defensive investment strategy that puts capital to work for positive change
A straight-forward first step into impact investing Provides easy access to an institutional-grade impact investment fund that is highly liquid, diversified and scalable.
Transparent reporting brings to life the positive impact of your investments Invests in green and social bonds that fund projects designed to bring measureable, positive change to people and the planet
A low-risk complement to your existing cash and fixed income investments Targets financial returns of cash plus 1% to 3% per annum

What is Regnan Credit Impact Trust?

Pendal portfolio manager George Bishay outlines the Regnan Credit Impact Trust, a defensive investment strategy that puts capital to work for positive change.

Watch video

Our performance

We don’t invest in something just because it feels good. This is a high-quality, liquid portfolio that fits into your defensive allocation. Investments must satisfy Pendal’s well-regarded fixed income process. The fund aims to deliver a return of the cash rate plus 1-3% per year.

Find out more
Return since inception (before fees)

at

Source: Pendal

Benchmark since inception

at

Source: Pendal

Our impact

We focus on investments that advance the UN’s Sustainable Development Goals including:

  • Improving access to food, water, shelter or healthcare
  • Preserving climate stability, biodiversity or natural resources
  • Advancing empowerment, resilience or innovation

increase in market use of green, social and sustainability bonds in 2019 – RIAA IR 2020 Benchmark Report

of professionally managed assets in Australia are now related to responsible investing – RIAA IR 2020 Benchmark Report

Calculate your potential impact*

Here are some of the ways Regnan Credit Impact Trust is making the world a better place (data current at Mar 31, 2021).
Calculator results are indicative only. Actual results may differ from forecasts provided.

The Fund size averaged about $38 million in the year to March 2021 (and reached $79 million in June 2021).

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

$

An investment of A$ 38,000,000 in Regnan Credit Impact Trust...

12,553

megawatt-hours of renewable energy generated (enough to power 2,731 Australian households annually)

12,357

tonnes of greenhouse gas emissions avoided (equivalent to taking 5,434 cars off road annually)

348,212

litres of water cleaned, recycled or treated annually

78

hectares of forest restored (equivalent to 44 Melbourne Cricket Grounds)

2,924

underprivileged students educated*

4,333

microfinance loans made to financially under-served entrepreneurs from developing nations*

1,525

loans made to female small and medium business owners with limited access to formal financing sources*

173

teachers trained in developing nations*

635

small-scale farmers supported with improved agricultural technology*

10,367

people given access to information and communication tech in developing nations and remote regions*

10

social or affordable homes*

43,542

annual passenger trips on low-carbon transport


(*) The outcomes displayed by this calculator are based on projections provided by the issuers of bond securities (Issuers) held by the Regnan Credit Impact Trust (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 projections are based are reasonable, the information provided to us by the Issuers may be inaccurate or may not take into account known or unknown risks and uncertainties. Actual results may differ from the projections and subsequent changes in circumstances may occur at any time that impact the accuracy of the results. Past performance is not a reliable of future performance.

The impact numbers are based on data since from April 1, 2020 to March 31, 2021.

How are investments are 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

Portfolio manager

George Bishay

Bond, Income & Defensive Strategies

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 more than 20 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.

Sales

Jeremy Dean

Head of Regnan and Responsible Investment Distribution

Performance

As at 31/10/21
As at
31/10/21
1m 3m 1yr 3yr (p.a) 5yr (p.a) % since inception 29/01/2020
Total return After fees 0.02 0.08 3.24 - - 3.21
Distribution 0.00 0.14 1.48 - - 1.19
Growth 0.02 -0.07 1.76 - - 2.02
Total return (Before fees and tax) 0.06 0.20 3.75 - - 3.73
Benchmark: RBA Cash Rate 0.01 0.03 0.10 - - 0.20

Source: 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. In the case of the Pendal Managed Cash Fund and the Pendal Stable Cash Plus Fund all returns are calculated using the average of the daily distribution yields and assume monthly reinvestment of distributions. You can view our Unit Pricing Discretions Policy here.

Apply for the Regnan Credit Impact Trust
Complete an application online or download the form to apply

Key information

Entry price

1.0373 / 25/11/2021

Exit price

1.0351 / 25/11/2021

History View history
Significant features

The Regnan Credit Impact Trust is an actively managed portfolio of fixed and floating income securities. The trust focuses on investments anchored to impact goals adapted from the United Nations Sustainable Development Goals.

Fund objective

The trust aims to generate positive and measurable social or environmental impact, or both; and a return (before fees, costs and taxes) that exceeds the RBA cash rate over rolling 3-year periods.

Minimum investment

$25,000

Benchmark

RBA cash rate

Distribution frequency

Quarterly

Distribution (cpu)

$0.3000 (31/12/2020)

Distribution History

View history

MIT Notice

View history

Management Cost

0.50% p. a.

Buy Sell spread

0.20% (0.10%/0.10%)

Risks

An investment fund is subject to a number of risks. For a detailed description of these risks please refer to the PDS.

APIR Code

PDL5969AU

Product Disclosure Statement Download here
Additional Information Download here