CLIMATE IMPACT FUND
We created this fund so you can align your investments with your values, contribute to climate action in real time and invest in your future. The Bloom Impact Fund is an intensively researched and curated green fund that’s the first of its kind in Australia.
WHAT'S IN THE BLOOM IMPACT FUND?
The Bloom Impact Fund is a multi-asset, diversified growth portfolio that invests in technologies and companies speeding up the transition to a better climate future.
That means we have a combination of different investment types, from large innovative companies listed on the stock exchange, clean energy projects such as solar farms or battery plants; to green loans and green bonds. Each asset class or type has a different risk and benefit profile. We don’t put all our eggs in one basket - the fund invests in different industries, asset types, and locations.
A DIVERSIFIED GROWTH PORTFOLIO
HOW DOES BLOOM PICK CLIMATE SOLUTIONS TO INVEST IN?
Our Investment team and Investment Committee use a positive screening framework based on the scientific climate transition models Project Drawdown and Climateworks. This ensures all our investments are aligned with climate solutions scientifically proven to decrease GHG emissions and help speed up our transition to a Net-0 Carbon economy.
Our ‘Climate Solutions’ are selected after several layers of screening. It’s an intense screening process—but it’s worth it. It’s much more than simply picking ethical ETFs. We eliminate the bad (bye dirty fossil fuels) and go the extra mile to find investments that are not only ethical, but have a positive climate impact that we can measure.
The Fund’s Climate Solutions range is wide and rooted in realistic impact. We’ve handpicked listed companies, but also unlisted assets such as green bonds, green loan providers, and even clean energy projects which were impossible to access for individuals to invest in until Bloom.
We also use some of the most stringent environmental, social and governance (ESG) methodologies available internationally, and evaluate several data points. Including climate targets ambition level and reporting, compliance with anti-modern slavery legislations and the company’s management of its relationships with its workforce.
Reduced Food Waste
$100 minimum investment for individuals and $5,000 minimum for Trusts
For Accounts UNDER $10,000
$4.50 per month
The monthly fee is charged for administering your investment account. Cancel anytime.
0.80% per year
Bloom charges a 0.80% p.a Investment Management fee on your account balance. Indirect costs (charged by issuers of underlying investments such as ETFs) are 0.19% p.a.
For Accounts OVER $10,000
0.80% per year
No account fees
No brokerage fees
No sign-up fees
No exit fees
Never locked in
WHAT CLIMATE RESEARCH AND FRAMEWORKS DOES BLOOM USE?
The science and the solutions we need are here. Now it’s up to us to invest in them.
We’re motivated by UNEP’s SDG13 on taking urgent action to combat climate change and its impacts. So we created a portfolio that aligns with recommendations by two of the most robust climate science research organisations looking at ways to transform our economy to limit global warming—Project Drawdown and ClimateWorks.
Project Drawdown has modelled how society can transform to a better climate future today. It outlines 82 climate solutions and practices that can halt the production of greenhouse gases in our atmosphere by 2050. These independent knowledge pillars guide our positive climate impact modelling in-house. Bloom isn’t inventing benchmarks of it’s own. It’s following and supporting valid climate science.
WHAT TYPES OF PROJECTS ARE IN THE BLOOM PORTFOLIO?
We give you access to climate impact projects in Australia and across the globe. You’ll find a balance of some well-known and listed companies alongside niche projects that were not easily accessible to individual investors before Bloom.
Climate solutions include electric cars, distributed energy storage, solar photovoltaics, efficient trucks, recycling, offshore and onshore wind turbines, alternative refrigerants, forest protection, utility-scale energy storage, microgrids, grid flexibility, reduced food waste, water distribution efficiency, telepresence, alternative cement, farming irrigation efficiency, among so many more.
WHAT ABOUT FINANCIAL RETURNS?
You don't have to sacrifice sustainability for returns.
Once an investment has passed our impact screening, our Investment team performs a detailed financial analysis on companies to determine which ones are performing the best in their respective verticals.
We assess the overall business performance, profit forecast, capital structure, earning quality, growth potential, and other factors, to ensure the financial returns have been in line with the market.
MEET BLOOM'S CLIMATE INVESTMENT COMMITTEE
Our Committee is dedicated to combining their sustainability and finance know-how to curate scientifically-proven ‘Climate Solutions’ for the Climate Impact Fund.
Investment Manager and Climate Activist | Founder of Future Super
Adam specialises in ethical investments, shareholder advocacy and using capital to create positive climate impact. He’s a founder of Future Super, Australia’s first 100% fossil fuel free superannuation fund and has experience managing USD 1 billion+. He’s currently a director at
the Australasian Centre for Corporate Responsibility.
Research and analysis Manager at ClimateWorks Australia
Marine specialises in climate change, energy and sustainability advisory and assurance. She assesses complex and innovative climate solutions and their impact. Her in-depth understanding of decarbonisation pathways and climate scenarios for the Australian economy
comes from her research at ClimateWorks Australia and years of consulting experience at EY.
HOW TO TRACK YOUR IMPACT WITH BLOOM?
We’ll always tell you what we invest in and keep you posted on how your investment is making a difference through the app.