Australian Ethical Investment (AEF) Q4 2026 TU earnings summary

Executive summary

• Achieved record funds under management (FUM) of $14.5 billion at 30 June 2026, driven by strong net flows in superannuation and strategic partnerships.

• Positive net flows in superannuation and new product launches contributed to growth despite challenging economic and market conditions.

• Diversification of asset classes and investment team expansion supported positive returns across most portfolios.

Financial highlights

• FUM increased from $13.94 billion at June 2025 to $14.5 billion at June 2026.

• Full-year positive retail and wholesale net flows of $491 million and institutional net flows of $173 million, partially offset by an inorganic outflow from the Australian Unity Bank mandate.

• Q4 superannuation net flows reached $196 million, supported by end-of-year contributions and rollovers.

• Retail and wholesale investment net flows were negative $26 million for Q4, with institutional inflows offsetting some outflows.

Outlook and guidance

• Continued demand for ethical investment products and new fund launches expected to support future growth.

• Business model resilience and diversification position the company for growth even during market stress.