Aberdeen Standard Investments (ASI) announced today the launch of a new MyFolio Sustainable Fund range, with the addition of five new ESG investing-focused offerings to the global asset manager’s fund of fund products targeted at advisers and clients. According to ASI, each of the five new funds is designed to provide different expected combinations of investment risk and return, each with an objective to generate growth over the long term, while being managed to a defined level of risk.
ASI’s MyFolio line consists of a range of multi-asset, fund of funds, split into distinct ranges and risk levels, aimed at offering advisers and clients with cost-effective, risk-targeted solutions to help meet their long-term investment needs.
ASI stated that as a fund-of-funds range, the portfolios are comprised of carefully chosen funds which meet the requirements of the ASI MyFolio Sustainable Investment Approach, investing in a manner that seeks to account for long-term environmental and social risks and opportunities and promoting good corporate governance. The MyFolio Sustainable Funds will concentrate on funds in which managers are focused on companies that treat people and the planet well and on identifying those that contribute to positive and measurable solutions. Additionally, fund selection will take into account managers that engage with companies to understand their governance procedures and apply pressure when required to make positive change. The funds will avoid investments in companies including manufacturers of controversial weapon, tobacco, thermal coal producers, and those that don’t meet the UN standards on human rights, labour, environment and anti-corruption.
The MyFolio Sustainable portfolios are managed by Joe Wiggins, Head of Portfolio Management and Matthew Wiles, Senior Investment Analyst at ASI.
Joe Wiggins said:
“The MyFolio Sustainable range offers advisers a robust suite of well diversified multi-asset investment portfolios, which explore sustainable investment in a controlled risk environment. Our tried and tested Strategic Asset Allocation process provides a solid foundation from which we can deliver strong returns to investors seeking a sustainable approach in their investment choice.”