CRUELTY FREE ISSUES

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The overall objective of the fund is to maximise long term returns for all investors in Cruelty Free Super, with the assistance of the appointed investment manager and Ethical Screening's ethical research services. The investment philosophy of Cruelty Free Super involves some 'positive' and 'negative' screens in relation to investments in shares; put simply the fund will seek to invest in companies involved in certain areas (positive), and will avoid investment in companies involved other areas (negative).

Cruelty Free Super won't invest in companies involved in:

Animal Testing

Animals and food

Animals in sport

Genetic modification

Other negative issues:

In addition to the criteria specifically linked to the Cruelty Free investment philosophy, the fund will include a broader range of 'ethical values' criteria. We believe it is important to consider the wider impact of one's investment in a holistic way. Cruelty Free Super will avoid investment in companies involved in the following:

Cruelty Free Super will seek to invest in companies involved in:

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