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December 2020

As part of ongoing efforts to foster responsible investing across the business, Firetrail is pleased to announce that it has signed the United Nations-supported Principles for Responsible Investment (“PRI”)

Firetrail now joins the leading international network of institutional investors committed to including environmental, social and governance (“ESG”) factors in their investment decision making.

Firetrail has incorporated ESG factors into its investment decision making process since inception, including the principles promoted by the PRI. However, we made the decision to become an official signatory to publicly demonstrate our strong commitment to responsible investment practices. We are proud to ratify the six global principles for responsible investing and look forward to working collaboratively with the other signatories on responsible investment issues.

“We are delighted to welcome Firetrail on board as a signatory” commented Fiona Reynolds, CEO of the PRI. “It is great to see their commitment to incorporating ESG and responsible investment practices, and we look forward to working together in future.”

The six key principles are:

1. We will incorporate ESG issues into investment analysis and decision-making processes.
2. We will be active owners and incorporate ESG issues into our ownership policies and practices.
3. We will seek appropriate disclosure on ESG issues by the entities in which we invest.
4. We will promote acceptance and implementation of the principles within the investment industry.
5. We will work together to enhance our effectiveness in implementing the principles.
6. We will each report on our activities and progress towards implementing the principles.

For more information on the PRI, please visit their website: https://www.unpri.org/

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This communication was prepared by Firetrail Investments Pty Limited (ABN 98 622 377 913, AFSL 516821) (Firetrail). Any opinions or forecasts reflect the judgment and assumptions of Firetrail on the basis of information at the date of the publication and may later change without notice. Any projections are estimates only and may not be realised in the future. Unauthorised use, copying, distribution, replication, posting, transmitting, publication, display, or reproduction in whole or in part of the information in the article is prohibited without obtaining prior written permission from Firetrail.

Pinnacle Fund Services Limited ABN 29 082 494 362 AFSL 238371 (‘PFSL’) is the product issuer of the Firetrail Absolute Return Fund ARSN 624 135 879 (Fund). PFSL is a wholly-owned subsidiary of the Pinnacle Investment Management Group Limited (‘Pinnacle’) ABN 22 100 325 184. The Fund Product Disclosure Statement (‘PDS’) is available at www.firetrail.com. Any potential investor should consider the PDS before deciding whether to acquire, or continue to hold units in, the Fund.

While Firetrail, PFSL and Pinnacle believe the information contained in this communication is reliable, no warranty is given as to its accuracy, reliability or completeness and persons relying on this information do so at their own risk. Subject to any liability which cannot be excluded under the relevant laws, Firetrail, PFSL and Pinnacle disclaim all liability to any person relying on the information contained in this communication in respect of any loss or damage (including consequential loss or damage), however caused, which may be suffered or arise directly or indirectly in respect of such information. This disclaimer extends to any entity that may distribute this communication.