The fund aimed to have at least 80% of invested capital in companies where environmental solutions accounted for over 50% of revenues or profits.
The performance objective of the fund was to outperform the MSCI All Country World Index NTR AUD by at least 2% per annum after fees, over three-year periods.
The fund also sought to have a direct positive impact, with one-third of all TT International’s management fees to be donated to selected environmental charities in Australia. Current charities supported by the fund included a UK-based woodland conservation charity Heal Rewilding.
Copia would seek to have the fund rated by research houses and included on major platforms as part of its distribution strategy.