Fund Name | SRI Style | Product | Region | Asset Type | Launch Date | |
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Scottish Widows Environmental Life | Environmentally Focused | Life | UK | Equity | 09/05/2000 | |
As at: 31/12/23 |
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OverviewNo response when requested information from fund manager (March 2023) |
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FiltersFund information |
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PolicyThis life product is linked to the "Scottish Widows Environmental Invesor" " fund. The following information refers to the primary (OIEC) fund.
Objectives and investment policy To provide capital growth by investing in companies which show a commitment to the protection and preservation of the natural environment. The Fund is actively managed by the Fund Manager who chooses investments with the aim of outperforming the FTSE All-Share Index (the “Index”) by 3% per annum on a rolling 3 year basis before deduction of fees. At least 80% of the Fund will invest in shares of UK companies, with up to 20% in international companies. Scottish Widows Unit Trust Managers defines screens for UK and International equity markets to prevent investment in specific companies or industry sectors* that are harmful to the environment. The Fund Manager, in selecting investments it believes provide attractive capital growth, will seek a mix of investment in companies whose specific products and services directly support or provide positive environmental outcomes or benefits, together with companies from any industry sector which, in the Fund Manager’s opinion, demonstrate high standards regarding sustainable environmental practice. In seeking companies whose products and services support positive environmental outcomes the Fund Manager will look to invest in:
The Fund retains a level of portfolio diversification and risk management by investing typically in 30 to 60 holdings across different sectors* of the Index and in different market sizes. As a result the Fund’s performance may differ substantially from the Index.
The FTSE All-Share Index has been selected as an appropriate benchmark as it provides a representation of the returns of securities in the UK equity market. The Fund manager selects shares that meet the Fund’s environmental criteria from a diverse range of UK shares including those outside of the FTSE All-Share Index. Derivatives and (Source: KIID, as at January 2024)
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Resources, Affiliations & Corporate Strategies |
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LiteratureLast amended: 08/01/24 08:27 |
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05/04/2024