Fund EcoMarket
the sustainable, responsible and ethical investment information hub
- OMR Quilter Investors Ethical Equity Pn
| Fund Name | SRI Style | Product | Region | Asset Type | Launch Date |  |
|---|---|---|---|---|---|---|
| OMR Quilter Investors Ethical Equity Pn | Ethical | Pension | Global | Equity | 17/02/1992 | |
As at: 30/09/21 Contact: QIEthicalEquityFund@quiltercheviot.com |
||||||
OverviewThis Pension product is linked to the "Quilter Investors Ethical Equity (OMW)” fund. The following information refers to the primary (OIEC) fund.
The fund is a long-only global equity portfolio with strict ethical investment exclusions and a focus on sustainable investment themes. Sustainable investment (SI), for the team at Quilter Cheviot, is the identification of companies around the world that provide solutions to the economic and environmental challenges of a cleaner and more efficient economy – delivering ‘more with less’ for a fast-growing population with a finite supply of resources, and within a carbon constrained environment.
The Fund does not invest in companies directly involved in tobacco, alcohol, gambling, armaments, pornography, nuclear power generation, banks, factory farming or animal testing. Due to the dual focus of the investment mandate, the Fund is suitable for both ethical and sustainable investors. |
||||||
FiltersFund informationSustainabilitySustainability policy Limits exposure to carbon intensive industries Resource efficiency policy or theme Sustainability theme or focus Waste management policy or theme Favours cleaner, greener companies Sustainability focus Encourage more sustainable practices through stewardship Circular economy theme Nature & BiodiversityWater stewardship policy Climate Change & EnergyNuclear exclusion policy Coal, oil & / or gas majors excluded Invests in clean energy / renewables Fracking and tar sands excluded Clean / renewable energy theme or focus Arctic drilling exclusion Fossil fuel reserves exclusion Energy efficiency theme Require net zero action plan from all/most companies Fossil fuel exploration exclusion - direct involvement Targeted Positive InvestmentsEU Sustainable Finance Taxonomy holdings 5-25% of fund assets EU Sustainable Finance Taxonomy holdings >25% of fund assets Invests >25% of fund in environmental/social solutions companies Invests >50% of fund in environmental/social solutions companies Human RightsHuman rights policy Child labour exclusion Oppressive regimes (not free or democratic) exclusion policy Social / EmploymentFavours companies with strong social policies Mining exclusion Meeting Peoples' Basic NeedsWater / sanitation policy or theme Demographic / ageing population theme Responsible food production or agriculture theme Ethical Values Led ExclusionsEthical policies Animal testing exclusion policy Tobacco and related product manufacturers excluded Armaments manufacturers avoided Alcohol production excluded Gambling avoidance policy Pornography avoidance policy Gilts / government bonds - exclude all Gilts / government bonds - exclude some Banking & FinancialsExclude banks with significant fossil fuel investments Governance & ManagementAvoids companies with poor governance Encourage higher ESG standards through stewardship activity Fund GovernanceESG integration strategy Employ external (fund) oversight or advisory committee External (fund) committee has veto powers Asset Size & MetricsOver 50% large cap companies Invests mostly in large cap companies How The Fund WorksStrictly screened ethical fund Positive selection bias Negative selection bias Combines norms based exclusions with other SRI criteria Combines ESG strategy with other SRI criteria Focus on ESG risk mitigation SRI / ESG / Ethical policies explained on website Impact MethodologiesInvests in environmental solutions companies Invests in sustainability / ESG disruptors Aim to deliver positive impacts through engagement Over 50% in assets providing environmental or social ‘solutions’ Labels & AccreditationsRSMR rated (OEIC funds only) Intended Clients & Product OptionsIntended for investors interested in sustainability Available via an ISA (OEIC only) Portfolio SRI / ESG options available (DFMs) Multiple SRI / ESG portfolio options available (DFMs) Bespoke SRI / ESG portfolios available (DFMs) Fund management company informationAbout The BusinessESG / SRI engagement (AFM company wide) Responsible ownership / stewardship policy or strategy (AFM company wide) Responsible ownership policy for non SRI funds (AFM company wide) Responsible ownership / ESG a key differentiator (AFM company wide) Vote all* shares at AGMs / EGMs (AFM company wide) Integrates ESG factors into all / most fund research In-house diversity improvement programme (AFM company wide) Senior management KPIs include environmental goals (AFM company wide) Vulnerable client policy on website (AFM company wide) Offer structured intermediary training on sustainable investment Offer unstructured intermediary sustainable investment training ResourcesIn-house responsible ownership / voting expertise Employ specialist ESG / SRI / sustainability researchers Use specialist ESG / SRI / sustainability research companies Collaborations & AffiliationsPRI signatory UKSIF member Climate Action 100+ or IIGCC member Fund EcoMarket partner Investment Association (IA) member AccreditationsUK Stewardship Code signatory (AFM company wide) PRI A+ rated (AFM company wide) Engagement ApproachEngaging on climate change issues Engaging with fossil fuel companies on climate change Engaging on biodiversity / nature issues Engaging on human rights issues Engaging on diversity, equality and / or inclusion issues Engaging on responsible supply chain issues Company Wide ExclusionsControversial weapons avoidance policy (AFM company wide) Climate & Net Zero TransitionEncourage carbon / greenhouse gas reduction (AFM company wide) TransparencyPublish full voting record (AFM company wide) Publish responsible ownership / stewardship report (AFM company wide) Full SRI policy information on company website Full SRI policy information available on request |
||||||
PolicyWe employ an independent specialist firm (Ethical Screening) to oversee the screening of potential investments against the ethical criteria. The fund strategy complies with the ethical policy - it does not invest in companies directly involved in tobacco, alcohol, gambling, armaments, pornography, nuclear power generation, banks, factory farming or animal testing, and no investment is made without it being approved by Ethical Screening. This ensures the exclusions are applied fairly and consistently.
The application of these restrictions is coupled with positive sustainable investment selection. The identification of companies around the world that provide solutions to the economic and environmental challenges of a cleaner and more efficient economy – delivering ‘more with less’ for a fast-growing population with a finite supply of resources, and within a carbon constrained environment. We identify conviction ideas within our four sustainable investment themes: Clean Energy, Food, Resource and Water. To select our holdings, we use a combination of quantitative analysis, in-house fundamental research, brokers’ research notes and management meetings.
We recognize that well managed companies are better placed to generate long term returns to clients. As such, we aim to identify, understand, and monitor the key environmental, social and governance (ESG) issues surrounding the companies, sectors, and regions in which we invest.
|
||||||
ProcessThe funds’ ethical screening is carried out by an independent third-party research specialist, Ethical Screening. The focus is on mid and large-cap equities, and we do not invest in blue-sky type/start-up companies. The strategy tends to focus on established business models and cash generative companies. Security selection is focused across four investment themes: Clean Energy, Food, Resource Efficiency and Water. The investment process is centralized, and final investment oversight is provided by the Chief Investment Strategist. The fund managers leverage from the in-house investment expertise of investment committees and Research Analysts.
Please note: We have recently carried out a fresh review of our assessment criteria for our fund holdings. Our Human Rights exclusion looks to avoid companies that are based in countries with questionable human rights records. Whilst child labour is not specifically mentioned, it forms part of the wider Human Rights exclusion, and as such it will be flagged during the ESG screening process for any potential holdings. Further information can be found in our Annual Sustainability Report (link below). sustainable-investment-annual-report-march-2022.pdf (quiltercheviot.com)
|
||||||
Resources, Affiliations & Corporate StrategiesQuilter Cheviot has a dedicated responsible investment team of 6 who design and implement our approach to incorporating ESG factors and active ownership into the investment process. OS012544_QC_Responsible_Investment_Policy[8] Our Sustainable Investment team of 8 manages the dedicated investment strategy which includes the Climate Assets Funds. The team includes one dedicated Sustainable Investment Specialist who is responsible for the team’s sustainable investment process including framework for utilising UN Sustainable Development Goal Analysis. Management of the Funds is supported by inputs from a number of data and research providers, further detail on our investment process can be found in our Climate Assets Sustainable Investment Report. We are members either through Quilter plc, or in our own right of several formal or informal groups which may facilitate collaboration with other investors, including:
Our approach to Stewardship:
|
||||||
LiteratureLast amended: 25/05/23 09:03 |
||||||
Important information
This report is for information purposes only and is intended to complement existing services used by UK based financial advisers only. sriServices is not authorised to give investment advice. The information on this site does not in any way constitute advice, recommendation or endorsement of any product or service. Investment decisions should not be based on this information alone. sriServices cannot be held in any way responsible for decisions made or advice offered as a result of using this site.
Whilst we take care to ensure information is as accurate as possible at time of publication we recommend you/financial advisers confirm specific fund details with fund providers. Please see www.sriServices.co.uk for additional information and for our contact details.
© Copyright sriServices 2024
04/29/2024