Pension
FACT BOX
MANAGERS : Chris Tanner & Chris Holmes / LAUNCHED : 31 / 03 / 2014 / DISCOUNT / PREMIUM : + 5.9 % / OCF : 1.24 %
CROWN RATING
waste from four London boroughs . Tara Clee , ESG analyst at Hargreaves Lansdown , said : “ The waste is biologically treated to produce solid recoverable fuel and other recyclables . The project successfully diverts around 96 % of all waste received from landfill .” Importantly for income investors , such as those in retirement , JLEN Environmental Assets Group aims to pay a sustainable , progressive dividend every quarter . It is currently yielding 5.6 %. One drawback is its 5.9 % premium . However , this is lower than the sector average of 6.4 %, and the trust ’ s threeyear average of 14.3 %.
Performance of trust vs sector since launch
JLEN Environmental Assets Group ( 90.9 %)
IT Renewable Energy Infrastructure ( 86.4 %)
100 % |
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80 % |
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60 % |
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40 % |
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20 % |
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0 % |
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-20 % |
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Apr14 |
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Apr22 |
Source : FE Analytics
Issue 85 - June 2022 / 43 /