Important information: In making the AJ Bell Responsible Growth fund available to you, we are not giving you personal advice. Before you invest you need to make sure that you understand all the risks and are comfortable that this investment is right for you. The value could go down as well as up. Make sure you read the factsheet and KIID before investing to understand the full picture.
The VT AJ Bell Responsible Growth Fund seeks to provide investors with a positive financial return on their investment through a portfolio of assets designed to limit investors’ exposure to companies conducting activities that are deemed to be ‘irresponsible’ to certain environmental, social and governance (“ESG”) criteria. Companies rated as being ‘best in class’ against these criteria, as defined by MSCI, are included within the portfolio of investments.
MSCI is a leading data and index provider, including its Socially Responsible Investing (SRI) indexes.
How do we select our portfolio?
A diversified portfolio of assets with at least 80% of the fund invested from a universe of exchange traded funds (“ETF”) assets that have been constructed using MSCI’s socially responsible investing (“SRI”) index methodology.
This employs a screening process that excludes companies that conduct, or derive a defined amount of revenue from, certain activities that have been deemed as prohibitive against ESG criteria. Limiting the universe of companies an index can be invested within.
Companies excluded from investment are those involved in the production or sale of tobacco, gambling, alcohol, adult entertainment, and nuclear power. View a full list of definitions of activities excluded from an index of investible companies.
Investments within the fund will also include ‘best in class’ companies as defined by MSCI.
ETFs chosen within the portfolio are mainly invested within the shares of companies listed on stock exchanges, and span across multiple regions and sectors. The fund will also allocate a relatively smaller proportion of investment towards bonds, both through ETFs and directly.
Where possible, investments included are in accordance with the MSCI SRI methodology described above.
It’s free to buy the fund, and the ongoing charges figure (OCF) is just 0.45%.