ESG Fund Factsheet

For adviser use only

Quilter Cheviot Climate Assets

Classification: Sustainable
Management style: Active

Introduction

The Climate Assets Funds, Climate Assets Balanced and Climate Assets Growth, focus on investment opportunities that arise from companies providing sustainable solutions, including improving resilience to climate change and healthcare challenges.

 

Name Launch Date IA Sector Portfolio OCF* Fund Size (m)
Quilter Cheviot Climate Assets Balanced 20/06/2011 Mixed Investment 40-85% 1.22% £414.4
Quilter Cheviot Climate Assets Growth 21/09/2022 Global 1.00% £25.5

About Quilter Cheviot

Quilter can trace their heritage back to 1771

Throughout their history their standards and values have remained consistent. Their impartial approach is underpinned by high standards of personal service, a drive to build and preserve the wealth of clients as well as belief in the importance of a robust investment process.

It is this ability to continually adapt and evolve that has kept them at the forefront of the sector for 250 years.

Quilter Climate Assets Fund is an award winning solution that allows clients to benefit from the opportunities created by companies attempting to tackle climate change.

ESG Process

The Quilter Cheviot Climate Assets funds aims to deliver long-term growth and income, through an actively managed, multi-asset investment approach

The funds select investments by a combination of top-down & bottom up approaches.

The Sustainable Investment team review analyst approved investments and assess if they materially contribute to one or more of the five positive themes and the UN Sustainable Development Goals (SDGs).

The primary sustainable  focus is investing in businesses involved in solutions to some of the world’s long-term challenges – from climate change, resource scarcity and population shifts.

Positive Screening

The funds main focus is on positive selection the fund aims to include companies focussing on the key themes listed below.

After the asset allocation has been defined the sustainable investment team overlay the positive and negative criteria

The team also actively engage with the companies on key issues including executive remuneration, capital structure, diversity, climate disclosures, climate lobbying and cultural heritage. They will also exercise their voting rights in line with their investment thesis.

Exclusion Policies

Quilter Cheviot negatively screen out sin stocks from the portfolio including:

 

Tobacco Gambling
Alcohol Factory Farming
Pornography Human Rights
Environment Military
Fossil Fuels Nuclear

Please consult Quilters brochure for the funds for further specifics around these exclusions.

Cost

The average OCF is 1.22% for the Balanced fund and 1.00% for the Growth fund.

Key themes

Quilter Cheviot Climate Assets fund is invested in line with five key themes:

  • Clean Energy
  • Food
  • Health
  • Water
  • Resource Efficiency

Investment Performance

The Growth fund has outperformed the sector average over 1 year, while the Balanced fund underperformed the sector average over the same period. The Balanced fund, which has a much longer track record, has outperformed the sector average over 5 years.

Source FE Analytics November 2023

Past performance is not a reliable indicator of future performance.

Platform availability

The Quilter Cheviot Climate Assets fund is available on the following platforms:

§AJ Bell §Embark
§Abrdn §Fidelity
§Hubwise §Quilter
§AEGON §James Hay
§Allfunds §Novia
§M&G Wealth §Nucleus
§Aviva §Transact

Risk tools

The Quilter Cheviot Climate Assets fund is mapped to the following risk tools:

  • Dynamic Planner
  • Defaqto

Supporting documents

Tenet Opinion

The Quilter Cheviots Climate Asset Funds are a sustainable/impact solution investing in companies making a positive impact in the five key themes listed. The funds investments are driven by these core themes.

The Balanced fund was launched in 2011 and has a strong performance track record with an established team and investment process. The allocation to alternative assets provides a slightly different approach to other multi-asset funds and an added level of diversification.

They are not part of a range of multi-asset funds and the suitability will have to be considered in line with the clients attitude to risk.

These funds would be a good consideration for clients with a medium/high attitude to risk with strong view on their funds making a positive impact in line with the key themes.

Information approved for Professional Adviser use only and should not be relied upon by private investors (this is not for Retail Clients).