Royal London Sustainable World Trust Class C Acc

Mixed Asset 61-100% Equity

Rated Fund 2013-20. Invests in innovative firms that have a positive impact on society        

Royal London Sustainable World continues to rule the roost in this sector. It claimed another two Money Observer gongs in 2019 when it was named Best Ethical/SRI Mixed Asset Fund for the sixth consecutive year and highly commended in the Best Mixed Asset Higher Risk Fund category. It was previously highly commended in 2016 and won this award in 2015.

Mike Fox, manager since inception in 2009, can invest in equities and bonds but has kept the equity content close to the maximum of 85% in recent years. The core idea is to invest in growing, innovative firms that have a positive impact on society. This is supplemented by companies showing leadership in environmental, social and governance (ESG) management.

Fox believes that by investing in growing, innovative companies with talented management teams, inherent risks in the fund are reduced.

He is primarily interested in innovation and structural growth, rather than changing the fund to reflect shorter-term economic conditions. That said, he acknowledges that economic cycles provide him with opportunities to purchase investments at attractive valuations. He believes economies are continuing to deliver reasonable growth and that companies stand to benefit over the longer term.

The fund tends to be biased towards the UK and US, where he finds innovative companies with the strongest ESG standards. The fund has reasonable ongoing charges of 0.77%.

Narrative and ratings content all as of 01 January 2020.

See all Money Observer rated funds
Name
Royal London Sustainable World Trust Class C Acc
Manager
RLUM Limited
Type
Unit Trust
ISIN
GB00B882H241
Sector
Mixed Investment 40-85% Shares
Launched
26/11/2012
OCF
0.77 %
Risk Rating
5
3 Year Sharpe
1.07
3 Year Alpha
5.99
Yield
0.9 %
Benchmark
Mixed Investment 40%-85% shares
The fund seeks to provide medium to long term capital growth via worldwide investments in multiple asset classes, but primarily equities with some fixed interest securities and cash. The Trust invests primarily in equities (up to a maximum of 85% of the fund), and some fixed interest securities. Overseas allocation will depend upon the relative attractions of the region with at least 10% of the fund held in non-UK equities (where equities are deemed to include convertibles). At least 50% of the fund will be held in Pound Sterling and/or Euro. The fund is screened in accordance with The Co-operative Investments’ ethical investment policy, a copy of which is available on request. However, for the sole purpose of asset collection, the fund may enter into transactions in index derivatives where some of the underlying constituents may not fully meet this policy.
Holding %
Microsoft Corp 3.11 %
Roche Holding AG Dividend Right Cert. 3.05 %
London Stock Exchange Group PLC 3.03 %
Rentokil Initial PLC 2.99 %
AstraZeneca PLC 2.97 %
Ansys Inc 2.93 %
Experian PLC 2.92 %
Alphabet Inc A 2.85 %
adidas AG 2.81 %
Agilent Technologies Inc 2.72 %
Region %
United States 44.12 %
United Kingdom 21.76 %
Eurozone 16.12 %
Europe - ex Euro 16.06 %
Sector %
Healthcare 25.07 %
Technology 24.06 %
Industrials 13.68 %
Consumer Cyclical 9.07 %
Basic materials 7.14 %
Financial Services 6.83 %
Communication Services 5.83 %
Name
RLUM Limited
Address
United Kingdom
UCITS
Yes
Legal Structure
Unit Trust

Managers

Mike Fox
Joined 09/21/2009

Mike is investment manager of the CIS Sustainable Leaders Trust and has been doing this job since November 2003. Mike selects, from the list of companies meeting the criteria of the Trust, the companies most likely to provide strong investment performance.

Data provided by Morningstar.

The Content is only for your general information and use and is not intended to address your particular requirements. The Content does not constitute any form of advice, recommendation or arrangement by Money Observer and is not intended to be relied upon by you in making (or refraining from making) any specific investment or other decisions. Appropriate independent advice should be obtained before making any such decision.

This information is sourced from our partner Morningstar. We believe the data to be correct however you should take care in using any information.

You should be aware that prices may fall as well as rise and that the income derived can go down as well as up. When buying or selling any investment that fluctuates in price or value you may get back less than you invested. Past performance is not necessarily a guide to future performance.