Ethical Portfolio Service
We have appointed King & Shaxson (K & S) discretionary management team to run our Ethical Portfolios which use our computerised portfolio system, called the Novia wrap.
We have a range of five Portfolios investing in a range of ethical Unit Trusts/OEICS and ETFs (low cost tracker funds).
Your selection of funds is managed by K & S and reviewed and any changes made after discussion with us each quarter. This ensures that the funds are not only balanced and diverse (to keep Income/Growth focus, geographical and sector diversity etc) when you invest – but remain so over the years.
By investing in such portfolios it is not possible to be as prescriptive about the companies in which you invest, as it is via an individually tailored Share Portfolio. Each fund has an ethical mandate, although the companies contained within the fund and portfolios will change over time.
Ethical Screens
Each portfolio will have an overall proactive-positive focus while specifically excluding mining, nuclear power, and animal testing for cosmetic purposes. Financial exposure shall be at least best of class. A small exposure to alcohol is allowable but not preferable. Each portfolio will aim for exposure to microfinance, renewable energy, environmental technology, commercial property and forestry.
The initial charges are lower, but the annual charges higher, than if we were to choose individual ethical funds on your behalf at outset. However that route does not offer any ongoing rebalancing of your investments. We believe paying for the extra costs of active management is worthwhile. We hope to be able to reduce the annual management charges over time as total funds under management grow.
Please contact us for further details.