This report shows public data only. Is this your organisation? If so, login here to view your full report.

Ausbil Investment Management

PRI reporting framework 2018

You are in Direct - Listed Equity Active Ownership » (Proxy) voting and shareholder resolutions » Process


LEA 16. Typical approach to (proxy) voting decisions

16.1. (委任状による)議決権行使を通常どのように決定しているかを明示して下さい。



          Ausbil consults a proxy advisor for voting decisions but ultimately makes our own voting decisions on a case-by-case basis, supported and guided by Ausbil’s policy.

16.2. Provide an overview of how you ensure your voting policy is adhered to, giving details of your approach when exceptions to the policy are made (if applicable).

Ausbil engages with investee companies in several forms of direct contact to exercise the rights of ownership on behalf of clients and Ausbil votes on all matters in accordance with client instructions, otherwise in accordance with the corporate governance policy. In the absence of any guidance, or in any instance whereby voting authority has been delegated by the client in writing, Ausbil directs votes in a manner consistent with the investment objectives of each Ausbil Investment Trust, as disclosed in the respective Product Disclosure Statement, or Investment Management Agreement, in the case of discrete mandates. With respect to the periodic reporting of corporate governance activity to clients, Ausbil will comply with specific instructions provided by the client.

16.3. Additional information.[Optional]

LEA 17. Percentage of voting recommendations reviewed (Not Applicable)

LEA 18. Confirmation of votes



18.1. 議決権行使に係る証跡の改善や議決権行使の結果を確認するためのプロジェクトにどのように関与しているのかを記載して下さい。

          In 2017, Ausbil created a new database, which facilitates tracking of historical votes.

18.2. 補足情報 [任意]


LEA 19. Securities lending programme (Private)

LEA 20. Informing companies of the rationale of abstaining/voting against management



20.1. 貴社または貴社に代わって行動するサービスプロバイダーは、議決権の行使に先立って、当該企業に対し懸念等を表明しているかどうか明示してください。

20.2. 貴社や貴社に代わって行動するサービスプロバイダーは、議決を棄権したり、経営陣の提案に反対票を投じる場合に、当該企業にその理由を伝えているかどうかを明示してください。

20.3. Additional information. [Optional]

Ausbil has frequent contact with Australian companies where we discuss any concern with AGM resolutions. Ausbil responds to companies’ request for information about our voting decisions / intentions.