In focus
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Manager Abbie Llewellyn-Waters says this fund’s strong showing in the
coronavirus-related sell-off bodes well for its long-term prospects
Jupiter Global
Sustainable Equities
see three fintech companies – Visa,
PayPal and Jack Henry & Associates
– in a fund that claims to be focused
on sustainability. However Llewellyn-
Waters pointed out this plays into the
financial inclusion theme.
“Digitalisation is at the core of
enabling social mobility through the
digital provision of basic financial
services,” she said. “It enables cost
savings; much greater personal
security than physical cash; a wider
range of financial services; women’s
economic independence via greater
financial control; and finally, socially
inclusive growth.”
The fund is up 27.44 per cent since
launch compared with 10.26 per cent
from its IA Global sector and 13.97 per
cent from the MSCI World index.
Investors who want to tap into a
long-term growth theme in the
early accumulation stage of their
pension may wish to consider Jupiter
Global Sustainable Equities.
The fund opened up for retail
investors last month, having been
launched for their institutional
equivalents in April 2018.
Manager Abbie Llewellyn-Waters
said the fund’s strong showing in the
coronavirus-related sell-off bodes well
for its long-term prospects.
“Sustainability is a long-term
structural opportunity that has been
hurtled to the fore in this tragic chapter
we find ourselves in,” she explained.
“To deliver a more regenerative
form of capitalism, the market needs
to broaden its focus across three
core stakeholders: planet, people
and profit. Companies that deliver
positive outcomes for these core
stakeholders are better positioned to
survive and thrive over the long term.
“Transitioning to a more sustainable
world is the key priority for our fund
and against this unprecedented
backdrop, we are encouraged we have
provided resilience for investors.”
The portfolio contains 35 to 50
companies that are leading the
transition to a more sustainable
world. Jupiter’s ESG considerations
are embedded in its process.
However, Llewellyn-Waters said it
is important to note that ESG and
sustainability are not the same thing.
“ESG is an input and sustainability
is the output,” she added. “We
refer to sustainability in economic,
environmental and societal terms.
We consider all three pillars key to
delivering company stability and
performance over the long term.
“For example, if a company does not
have the financial sustainability to
support itself, it won’t matter how good
that company is at recycling its waste.”
Some investors may be surprised to
FACT BOX
MANAGER: Abbie Llewellyn-Waters / LAUNCHED: 09/04/2018 / FUND SIZE: £32m /
OCF: 0.71%
CROWN RATING N/A
PERFORMANCE OF FUND VS SECTOR AND INDEX SINCE LAUNCH
IA Global Jupiter Global Sustainable MSCI World
(10.26%) Equities (27.44%)
(13.97%)
50%
40%
30%
20%
10%
0%
-10%
May18
Jul
Source: FE Analytics
Sep
Nov
Jan19
Mar
May
Jul
Sep
Nov
Jan20
Mar
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