Exclusionary screens are also used for client-specific mandates which restrict the inclusion of companies involved in identified prohibited activities.
The MIM Fixed Income research team has as an exclusionary screen for tobacco across strategies managed for Australian investors. The team believes that screening out tobacco companies from these portfolios is an appropriate response to enhanced client interest in ethical investments.
The MIM FI research team also emphasizes the use of corporate governance criteria as a means of identifying issuers to be excluded from their investable universe.
MIDIS investments are governed by its ESG policy which excludes certain specific sectors from investment.