Russell Investments Sustainable Global Shares ex Fossil Fuels Fund - Class A
The Fund invests in a broad range of global shares listed on stock exchanges in developed and emerging international markets. The Fund suits investors who value environmental, social and governance (ESG) considerations within the investment portfolio construction process, including those seeking a fossil fuel free exposure.
| Manager | Allocation (%) |
|---|---|
| Russell Investments Sustainable Global Shares ex Fossil Fuels Fund | |
| Russell Investments | 100 |
| As at 01/04/2023 | |
Fund detail
| Assets under management | $119,746,172(As at 29/03/2023) |
|---|---|
| Fund inception | 17th December 2020 |
| Minimum Investment timeframe | 7 years |
| Investment return objective | To provide a total return, before costs and tax, in line with the Fund’s benchmark over rolling three year periods with a focus on reducing the Fund’s exposure to carbon. |
| Investment strategy | The Fund invests predominantly in a broad range of international shares listed on stock exchanges in developed and emerging international markets. The Fund will maintain a reduced carbon exposure compared to the MSCI ACWI ex Australia Index, whilst also increasing exposure to renewable energy and taking into account other ESG considerations such as the exclusion of controversial weapons and tobacco companies, as well as companies with fossil fuel reserves or a significant involvement in fossil fuel activities. Derivatives may be used to obtain or reduce exposure to securities and markets, to implement investment strategies and to manage risk. |