The Quilter Cheviot Climate Assets Fund (‘the Fund’), the flagship balanced strategy for sustainable investment for the firm, has revealed impressive results of +10.78% for the first two quarters of 2016 and +64.40%, since launch to 30 June 2016.
The return places it within the first quartile of the average balanced funds in the UK, as defined by the IA Mixed Investment 40%-85% Shares Sector (+2.46%). During the same period, the Fund has also significantly outperformed the FTSE WMA Stock Market Balanced (+7.22%).
This award winning sustainability fund has outperformed the FTSE WMA Stock Market Balanced over one, two and three years and since launch.
The Fund, which is currently worth £40 million, aims to achieve long-term capital growth and income. The Fund invests globally with opportunities arising in the areas of climate change, resource scarcity and population growth by multi-asset allocation and multi-thematic investing. It is a medium risk fund with a difference. It’s an award winning, global multi-thematic fund focusing on sustainability with five key investment themes – energy, food, health, resources and water, and a strong track record of solid performance.
Claudia Quiroz, lead manager of the Fund, said, “Providing a sustainable investment strategy, which does not compromise performance, is a priority for us at Quilter Cheviot.
Our sustainable and ethical investment strategy allows our clients to have a positive impact on the environment and society without sacrificing financial performance.
“Despite a challenging year for the markets, returns for our sustainability fund remain strong and we continue to outperform the FTSE WMA Stock Market Balanced and the peer group. Assuming our current fund positioning, focus on dollar earners and business with strong cash flow generation, continues to be in favour, the Fund is well positioned to further continue to deliver a solid performance for long term investors”.
Interest in sustainable investment has been growing, and becoming more popular with different types of investors, particular those that would like to reflect their environmental conscious lifestyle in their portfolios. For instance, a recent survey conducted by Good Money Week in 2015 found that 54% of British investors want their investments to have a positive impact, beyond just making money.
The same trend has also been evident in the U.S. The US SIF (Forum for Sustainable and Responsible Investment) 2014 Trends report revealing that $1 in every $6 under professional management in the U.S. is now aligned with sustainable, responsible and impact investing strategies.
Claudia added: “In recent years we have seen a growing number of investors considering the impact their investments have on the environment and wanting to invest their wealth in companies delivering a cleaner and more efficient economy”.
Investors should remember that the value of investments, and the income from them, can go down as well as up and that past performance is no guarantee of future returns. You may not recover what you invest.
SRI Consultant, John Fleetwood of 3D investing said: “The performance has certainly been good and more importantly, consistent. Quilter Cheviot have clearly got the asset allocation right which is possibly the most important driver of performance in a balanced fund.”