Pinnacle manager Firetrail Investments has listed its Firetrail S3 Global Opportunities Fund as an exchange traded fund on the Australian Stock Exchange.
The ETF (S3GO) is a concentrated portfolio of approximately 30 of Firetrail's best global equity ideas.
The fund aims to outperform the MSCI World Net Total Return Index (AUD) over the long term after fees and uses fundamental analysis to identify the most attractive investment opportunities with sustainable characteristics.
Firetrail says the 'S3' refers to the three attributes of the ideal company it seeks to invest in - companies with sustainable business models, sustainable earnings and sustainable positive change.
Firetrail defines sustainable positive change as companies which meet ,or are expected to meet within a 5-year investment horizon, one or more of its four sustainable investment themes - labour standards, environmental, social or ethical.