ESG funds take account of environmental, social and governance factors before investing in a wide mix of asset classes.
The funds will be available from 18 November 2019 and have been picked by the LV= Investments team to provide more choice and diversification as people become increasingly mindful about where their money is invested.
Advisers and their clients will be able to choose from a mix of passive and multi-asset funds across different risk ratings. Managed by Liontrust, L&G and M&G, the ESG funds will suit a range of risk profiles from Defensive Managed, Managed and Global Growth funds – which are risk-rated as 3, 6 and 9 respectively by Defaqto.
The list of ESG Funds is below:
|
ESG Fund |
Active/ Passive |
Risk Rating (Defaqto) |
Risk Rating (Dynamic Planner) |
Total Fund Charges |
|
L&G Future World Multi-Index 4 |
Passive |
N/A |
4 |
0.36% |
|
L&G Future World Multi-Index 5 |
Passive |
N/A |
5 |
0.36% |
|
Liontrust Sustainable Future Defensive Managed |
Active |
3 |
4 |
0.87% |
|
Liontrust Sustainable Future Cautious Managed |
Active |
4 |
5 |
0.91% |
|
Liontrust Sustainable Future Managed |
Active |
6 |
6 |
0.91% |
|
Liontrust Sustainable Future Absolute Growth |
Active |
7 |
7 |
0.91% |
|
Liontrust Sustainable Future Global Growth |
Active |
9 |
8 |
0.91% |
|
M&G Sustainable Multi Asset |
Active |
5 |
5 |
0.55% |
|
ESG Fund |
Active/ Passive |
Risk Rating (Defaqto) |
Risk Rating (Dynamic Planner) |
Total Fund Charges |
|
L&G Future World Multi-Index 4 |
Passive |
N/A |
4 |
0.36% |
|
L&G Future World Multi-Index 5 |
Passive |
N/A |
5 |
0.36% |
|
Liontrust Sustainable Future Defensive Managed |
Active |
3 |
4 |
0.87% |
|
Liontrust Sustainable Future Cautious Managed |
Active |
4 |
5 |
0.91% |
|
Liontrust Sustainable Future Managed |
Active |
6 |
6 |
0.91% |
|
Liontrust Sustainable Future Absolute Growth |
Active |
7 |
7 |
0.91% |
|
Liontrust Sustainable Future Global Growth |
Active |
9 |
8 |
0.91% |
|
M&G Sustainable Multi Asset |
Active |
5 |
5 |
0.55% |
“As a mutual, our members and advisers expect us to have an ESG focus and support change for environmental and social purposes. We have listened to growing demand from advisers and their clients to offer ESG funds so that ethical investors shouldn’t have to compromise between healthy returns and a clear conscience. In fact there is growing amount of evidence that those companies that take account of environmental and social issues often produce strong long-term returns.
“As a modern mutual, LV= pays close attention to sustainability, environment and social issues. We regularly champion ethical initiatives on a corporate level, so enabling more people to invest in ESG funds is the next logical step for us.”
For more information please contact:
- David Gwyer
- Media Relations Manager – Life and Pensions
- [email protected]
- 020 7634 4311
- 07798 796907
- Candice South
- Press Officer, Life & Pensions
- [email protected]
- 020 7634 4497
- 07867 141547
About LV=
LV= is a leading financial mutual and serves over 5.8 million customers with a range of financial products. When we started in 1843 our goal was to give financial security to more than just a privileged few and for many decades we were most commonly associated with providing a method of saving to people of modest means. Today we follow a similar purpose, helping people to protect and provide for the things they love, although on a much larger scale and through a wide range of financial services including insurance, investment and retirement products. We offer our services direct to consumers, as well as through IFAs and brokers.
Liverpool Victoria Friendly Society Limited (LVFS) is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority. Registered number 110035. Registered address: County Gates, Bournemouth BH1 2NF