About the fund

The fund aims to provide a total return (the combination of capital growth and income) after costs, of inflation (as measured by the UK Consumer Prices Index) plus 2% per annum over the long term (defined as any rolling period of five years). The fund is managed in line with CCLA’s approach to investing for a better world as outlined in CCLA’s Better World Policy.

The fund is classified as ‘cautious’ as it will not invest more than 50% in equities. 

Investment policy

The fund will invest in a broad range of assets to achieve its investment objective including equities from around the world, bonds, infrastructure assets (indirectly), money market instruments, cash, near-cash and emerging markets. The fund's typical exposure to emerging markets will be 5% but may be up to 20%.

Between 20-50% of the portfolio will be invested in equities and between 0-60% invested in bonds. Exposure to these assets may be via direct holdings or indirectly through investment in other funds. Such funds may include exchange traded funds, closed-ended investment companies and open-ended funds.

ESG

We use our ownership rights to help change behaviours, reduce negative impacts and deliver positive real-world change. We seek to be a catalyst for change in the investment industry through the following three principles.

Act – we use our ownership rights to help improve the sustainability of the assets in which we invest. 

Assess – we embed environmental, social and governance (ESG) criteria into the stock-picking process because we believe that a combination of legislation, regulation and changing societal preference will impact negatively on unsustainable business models.

Align – we invest in a way that we believe is aligned with our clients' values. 

Who can invest?

The fund is suitable for all types of investors who are seeking to invest in an actively managed fund. Investors should be looking to invest for at least five years and should appreciate that their capital will be at risk and that the value of their investment and any derived income may fall as well as rise. The fund will also be available for investment through independent advisers and investment platforms.

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