Bendigo Superannuation Plan invests via underlying managed fund investment options and does not hold listed securities directly. Instead of having direct voting rights in its investments, the Plan participates in fund resolutions as applicable
Bendigo Superannuation Investment Committee (Committee) has the authority and responsibility for making decisions on all fund resolutions in relation to investments held through The Bendigo Superannuation Plan (the Plan).
The Committee’s guiding principle on fund resolution assessment is to consider and decide where it has a reasonable basis for expecting the course of action, to some level of materiality, will increase returns and reduce risk for members, by more than any costs associated with implementing the action.
Fund resolution actions are done with a full understanding of the matter at hand and a full consideration of the implications of deciding one way or another.
Bendigo Superannuation will either accept or reject a fund resolution and communicate the reasoning of each decision to members. The fund resolution description and decision record in respect of the Plan will be made publicly available no later than 20 business days after the close of financial year.
Fund resolution summary for the period 1 July 2022 – 30 June 2023
There were no fund resolutions in relation to the Plan during the period.
