Climate change and the focus on sustainability is all over the news - it’s a topic you can’t avoid. We all like to feel we’re making a difference and doing our bit for people and the planet. And it’s no surprise that this extends to customers looking for responsible investment opportunities.
To help you respond to this demand we’re delighted to announce the launch of the Stewardship Funds on the Aviva Platform.
The Funds are available now through Pension Portfolio - for clients wanting to invest with ethical, and environmental, social and governance (ESG) considerations.
This follows the recent addition of these Funds as a workplace pension default investment strategy earlier this year.
Launched in the 1980s and managed by Aviva Investors, the Stewardship Funds have a proud heritage as the UK’s first range of ethical funds, whilst incorporating ESG factors. The range currently incorporates five funds – Managed, UK Equity, UK Equity Income, International Equity and Bond.
They have clear investment policies which determine the types of companies they have exposure to. The Funds aim to provide investment portfolios that are socially, ethically and environmentally sound.
Upcoming amendments to MiFID II and IDD regulations will mean financial advisers need to be more proactive with clients in relation to ESG, by asking them about their preferences. The Stewardship Funds have ethical and ESG factors built in – giving you and your clients reassurance that you’re investing with a company with decades of experience in this area.
The Funds will be available at a competitive ongoing charge figure of 0.26% a year - plus the appropriate Aviva charge.
The value of an investment can fall as well as rise. Investors could get back less than invested.
Our brochure explains more about responsible investment, the Stewardship philosophy and Aviva Investors’ approach to running these Funds.
Lindsey Rix, UK Savings & Retirement CEO at Aviva, said:
“Responsible investing is here to stay. In just over a year, regulations come into force which will impact every financial adviser. We want to help advisers rise to the challenge and the Stewardship Funds are a fantastic place to start.
Advisers now have the opportunity to discuss their clients’ beliefs and align their investments with their values. There is an expectation from many consumers that their investments should provide a return while also considering their impact on the planet or society. Ethical and ESG investing can help achieve this.”
To find out more, speak to your usual Aviva contact.