Where are you?
  • Austria
  • Belgium
  • Denmark
  • Finland
  • France
  • Germany
  • Guernsey
  • Ireland
  • Italy
  • Jersey
  • Luxembourg
  • Malta
  • Netherlands
  • Norway
  • Portugal
  • Spain
  • Singapore
  • Sweden
  • Switzerland
  • United Kingdom
  • Rest of World
It looks like you’re in
Not your location?
And finally, please confirm the following details
I’m {role} in {country} and I agree to comply with the terms of the website.
You are viewing as from Change

GF Sustainable Future Global Growth Fund

Single Price $14.724 as of 11/07/2024
Fund launch date 12/11/2019
Fund size $146,347,744.50
Number of holdings 48

The Fund

The Fund aims to deliver capital growth over the long term (5 years or more) using the Sustainable Future investment process to invest in companies globally. This process uses a thematic approach to identify the key structural growth trends that will shape the global economy of the future and the fund managers then seek to invest in well run companies whose products and operations capitalise on these transformative changes. All investments will be expected to conform to our ESG criteria.

SFDR Article 9

You are able to redeem your investment from the Fund at any time and there is no exit fee for doing so.

Read latest fund update
Past performance does not predict future returns. You may get back less than you originally invested. Reference to specific securities is not intended as a recommendation to purchase or sell any investment.
Key Information
Manager Inception Date of Fund
12/11/2019
Managed by Current Team for
4 years
Class Launch Date
12/11/2019
ISIN code
IE00BK7ZBC60
Comparator Benchmark 1
MSCI World

Awards and Ratings

Citywire fund manager rating Citywire Manager Rating: +
Morningstar Sustainability rated 5 Morningstar Sustainability Rating: 5
3D Investing 3D Investing Fund Rating: AA

Meet the team

Simon Clements, Peter Michaelis and Chris Foster joined Liontrust in April 2017 as part of the acquisition of Alliance Trust Investments (ATI). Prior to managing funds and ATI for five years, Simon spent 12 years at Aviva Investors where latterly he was Head of Global Equities. Peter has been managing money in Sustainable and Responsible Investment for over 20 years when he was promoted to lead Portfolio Manager at Aviva Investors, before being made Head of Sustainable and Responsible Investment. Chris joined ATI through the management training programme after graduating with a First Class Honours degree in Economics and Mathematics from the University of Edinburgh. Chris is a CFA Charterholder. 

Meet the tea

“Over our first 20 years of managing the SF funds, our investments have been successful because they have provided something society needs.”

Our Investment Process

The investment process seeks to generate strong returns from investing in companies aiming to deliver profits through positive social and environmental impacts. The fund managers look at the world through the prism of three mega trends – Better resource efficiency (cleaner), Improved health (healthier) and Greater safety and resilience (safer) – and then 22 themes within these.

If a company has significant exposure to one of the themes, the fund managers verify how sustainable the rest of its activities are. For each company, the fund managers determine the key ESG factors that are important indicators of future success and assess how well these are managed, via the proprietary Liontrust Sustainability Matrix.

Companies in which the fund managers invest will have robust business fundamentals with a proven ability to deliver high returns on equity (RoE) through sustaining margins and asset turnover. Typically, these companies have a maintainable competitive advantage through scale, technology or business model.

The fund managers invest in well-run companies whose products and operations capitalise on the transformative changes the Liontrust Sustainable Investment team has highlighted, may benefit financially from them and score well on ESG, business fundamentals and valuation. The managers believe identifying these powerful themes and investing in exposed companies can make for attractive and sustainable investments.

The Fund invests in quality businesses tackling the world’s most challenging problems with innovative solutions and these companies, with strong long-term growth prospects, are therefore often designated as ‘growth stocks’. Due to this focus, the Fund may underperform the market on a relative basis during periods of rising inflation and interest rates and when quality growth stocks are out of favour.
Past performance does not predict future returns. You may get back less than you originally invested. Reference to specific securities is not intended as a recommendation to purchase or sell any investment.

Performance

Performance since manager inception date (%)

Discrete performance (%)

As at previous quarter 12 months ending: Jun 24 Jun 23 Jun 22 Jun 21 Jun 20
Liontrust GF Sustainable Future Global Growth 10.2 16.5 -28.9 38.2 -
MSCI World 20.2 18.5 -14.3 39.0 -

Cumulative performance (%)

As at previous day end 1 month 3 months 6 months YTD 1 year 3 years 5 years 10 years Since Inception
Liontrust GF Sustainable Future Global Growth 0.5 -0.9 4.9 3.4 11.2 -9.9 - - 45.4
MSCI World 3.7 6.8 15.2 14.8 24.0 23.8 - - 70.9

Source: FE fundinfo as at 11/07/2024. Performance figures are shown in USD. Total return performance figures are calculated net of costs and charges, on a bid price to bid price basis (mid to mid for OEICs) with net income (dividends) reinvested. Where applicable the quartile rank is for the primary share class within the sector. If your investment is made in a currency other than that used in the past performance calculation the return may increase or decrease as a result of currency fluctuations.

Current positioning

Top 10 Holdings (%)

VISA INC.
3.85
THERMO FISHER SCIENTIFIC INC.
3.63
CADENCE DESIGN SYSTEMS, INC.
3.40
MICROSOFT CORPORATION
3.26
PTC INC.
3.00
ALPHABET INC
2.92
ASML HOLDING N.V.
2.77
IQVIA HOLDINGS INC.
2.71
INTUIT INC.
2.70
VERALTO CORPORATION
2.61

Sector Breakdown (%)

Information Technology
28.57
Financials
20.91
Health Care
19.09
Industrials
13.04
Consumer Discretionary
7.76
Communications
5.24
Real Estate
2.25
Materials
2.23
Money Market
0.88

Geographic Breakdown (%)

USA
69.57
UK
6.01
Netherlands
5.90
Germany
3.77
Switzerland
3.35
Japan
3.35
Denmark
3.22
Luxembourg
2.32
Sweden
1.59
Cash & Cash Equivalents
0.88

Key features of the Fund

The Fund aims to achieve capital growth over the long term (five years or more) through investment in sustainable securities, predominantly consisting of global equities. Typically at least 90% of the Fund will be invested in the shares of global companies, with up to 10% in bonds and cash. The Fund will only invest in companies that meet defined ethical considerations and will benefit from improvements in environmental standards and a shift towards a more sustainable economic system. While the Fund will invest predominantly in companies from developed markets it may also invest up to 20% in emerging market securities. In normal conditions, the Fund will aim to hold a diversified portfolio, although at times the Investment Adviser may decide to hold a more concentrated portfolio, and it is possible that a substantial portion of the Fund could be invested in cash or cash equivalents. The Fund is not expected to have any exposure to derivatives (contracts whose value is linked to the expected future price movements of an underlying asset) in normal circumstances but may on occasion use them for investment, efficient portfolio management and for hedging purposes including gaining exposure to financial indices.
5 years or more.

5 (Please refer to the Fund PRIIP KID for further detail on how this is calculated).

Active
The Fund is considered to be actively managed in reference to MSCI World (the "Benchmark") by virtue of the fact that it uses the Benchmark for performance comparison purposes. Some of the Fund's securities may be components of and may have similar weightings to the Benchmark. However the Benchmark is not used to define the portfolio composition of the Fund or as a performance target and the Fund may be wholly invested in securities which are not constituents of the Benchmark.
The Fund is a financial product subject to Article 9 of the Sustainable Finance Disclosure Regulation (SFDR).
Additional Information
Minimum initial investment
$1,000
Minimum additional investment
$1,000
Ex-dividend date
1 February, 1 August
Distribution date
Sedol code
BK7ZBC6
Charges
Initial charge
-
Ongoing Charges Figure
1.62%
Included within the OCF is the Annual Management Charge
1.50%

For more information on the OCF, see our costs and charges page.

Additional resources

The Sustainable team’s Annual Review measures the impact of their investments and analyses the success of their engagement initiatives. 

Download >

The Sustainable team’s latest Engagement and Voting Review covers the work done to drive improvement in the businesses held across the Sustainable Future funds and progress made on proactive engagement initiatives during 2021.

Download >

Learn more about how Liontrust is complying with the SFDR requirements.

Download >

2021

Q2

Q3

Q4

2020

Q1

Q2

Q3

Q4

2019

Q1

Q2

Q3

Q4

2018

Q1

Q2

Q3

Q4

2017

Q1

Q2

Q3

Q4

2016

Q1

Q2

Q3

Q4

2015

Q1

Q2

Q3

Q4

Liontrust Sustainable Future Funds

Download >

More from the team

See all related
Lionesses Simon Clements & Chris Foster
A postcard from Japan: enabling the sustainable transition Japanese companies continue to deliver technological breakthroughs
icon 9 July 2024
Tokyo
Peter Michaelis Peter Michaelis
Maintaining the pressure on companies to decarbonise
icon 17 April 2024
Decarbonised world
Simon Clements Simon Clements
Why World Water Day matters On World Water Day fund manager Simon Clements discusses why improving the management of water is a key theme for the Sustainable Future team
icon 21 March 2024
Agriculture
Peter Michaelis Peter Michaelis
Investing in companies that will drive decarbonisation As the UK Climate Change Committee urges the government not to loosen decarbonisation targets, Peter Michaelis highlights the companies that could be key to maintaining a path to Net Zero.
icon 29 February 2024
Renewable wind farm
Peter Michaelis Peter Michaelis
A sustainable and prosperous 2024 2023 saw bleak headlines of war and climate change but there are reasons for optimism says Peter Michaelis, head of the Sustainable Investment team. He points to lower air pollution, reduced coal usage and the healing of the ozone layer.
icon 31 January 2024
Flower
Simon Clements Simon Clements
Postcard from the US: a look over the water
icon 4 December 2023
Water road

How to invest in Liontrust funds

Through a fund platform
Through a financial adviser
Direct with Liontrust

Key Risks 

Past performance does not predict future returns. You may get back less than you originally invested. All investments will be expected to conform to our social and environmental criteria. Over-seas investments may carry a higher currency risk. They are valued by reference to their local currency which may move up or down when compared to the currency of the Fund. The Fund may encounter liquidity constraints from time to time. The spread between the price you buy and sell shares will reflect the less liquid nature of the underlying holdings. Outside of normal conditions, the Fund may hold higher levels of cash which may be deposited with several credit counterparties (e.g. international banks). A credit risk arises should one or more of these counterparties be una-ble to return the deposited cash. Counterparty Risk: any derivative contract, including FX hedging, may be at risk if the counterparty fails. ESG Risk: In reference to any component (where applicable) of a fund's investment process that uses external ESG data, there may be limitations to the availability, completeness or accuracy of ESG information from third-party providers, or inconsistencies in the consideration of ESG factors across different third party data providers, given the evolving nature of ESG. There is no guarantee that an absolute return will be generated over a three year time period or within another time period.

 

Disclaimer

This is a marketing communication. Before making an investment, you should read the relevant Prospectus and the Key Investor Information Document (KIID) and/or PRIIP/KID, which provide full product details including investment charges and risks. It should not be construed as advice for investment in any product or security mentioned, an offer to buy or sell units/shares of Funds mentioned, or a solicitation to purchase securities in any company or investment product. The decision to invest in a fund should take into account all the characteristics and objectives of the fund (inclusive of sustainability features) as described in the prospectus. Further information can be found here: https://www.liontrust.eu/sfdr. Examples of stocks are provided for general information only to demonstrate our investment philosophy. The investment being promoted is for units in a fund, not directly in the underlying assets. This information and analysis is believed to be accurate at the time of publication, but is subject to change without notice. Whilst care has been taken in compiling the content, no representation or warranty is given, whether express or implied, by Liontrust as to its accuracy or completeness, including for external sources (which may have been used) which have not been verified.

Fund literature
GF Sustainable Future Global Growth Fund
View latest fund update
Holdings Holdings
Thematic breakdowns Thematic breakdown
Application and transfer forms Liontrust Global Funds plc Application Form