We are changing the strategy and focus of the fund to a sustainable approach. The new enhanced approach will have an emphasis on investing in companies who can demonstrate strong environmental, social and governance (ESG) management.
The fund will continue to apply negative screens and exclude companies from certain sectors. However, there will now be an additional emphasis on investing in companies who can demonstrate strong ESG management. Each holding within the fund will now have to meet strict ESG criteria in addition to the negative screens.
Mike Fox, Head of Sustainable Investments at award-winning Royal London Asset Management (RLAM) will continue to manage the fund.
RLAM’s sustainable team favours a distinctive investment approach, integrating the consideration of ESG issues, alongside financial analysis throughout the investment process. Every holding has to meet key criteria and the team actively engage with the companies in which they invest to champion best practice on behalf of clients. They also challenge companies on issues such as environmental policy and corporate governance standards.
As a result of these changes the RLP Sustainable Leader fund’s objective has changed to a UK growth fund focusing on the core themes of the environment, human welfare and sustainability to generate superior investment returns. The fund aims to provide first quartile performance over a rolling three year period measure against the UK All Companies Sector. The Fund also aims to outperform the FTSE All-Share index.
Read more about our approach to responsible investment.