Schroders expands UK range with European Sustainable Equity fund

Schroders today announces it is further strengthening its UK sustainable fund range with the launch of a UK Unit Trust for its European Sustainable Equity fund, designed to offer clients the opportunity to harness long-term outperformance driven by Environmental, Social and Governance (ESG) factors.

The European Sustainable Equity Fund, which was first launched in 2019, combines extensive bottom-up investment research with Schroders award-winning ESG investment frameworks CONTEXT and SustainEx.

CONTEXT, aims to identify companies with sector-leading sustainability profiles, as well as those classified as ‘improving’, while also screening out those that derive 10% of their earnings from tobacco, weapons, fossil fuels, alcohol or gambling. Furthermore, SustainEx enables Schroders investors to put a ‘dollar value’ on all the impacts, both positive and negative, that companies have on society.

Nicholette MacDonald-Brown and Scott MacLennan, Fund Managers, commented:

“We established our European Sustainable strategy over three years ago and are pleased the UK Unit Trust launch means it is now readily accessible for UK-based clients. Our sustainability purpose and performance ambitions are supported by not only the firm‘s ‘Beyond Profit’ ambitions but also a team of European focused analysts and proprietary tools which adds significant depth and conviction to our research.

The product is an option for clients seeking a concentrated, active solution with a thorough process for assessing a company’s  impact on society and its ability to manage key relationships long term.”