The Fund
The Fund aims to deliver capital growth, as well as some level of income, over the long term (5 years or more) using the Sustainable Future process and investing in a combination of global equities, bonds and cash. The investment 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.
You are able to redeem your investment from the Fund at any time and there is no exit fee for doing so.
Professional Adviser Awards 2022
Best ESG Solution for Advisers
Professional Adviser Awards 2021
Best ESG Solution for Advisers
Citywire Manager Rating: +
Morningstar Analyst Rating: Bronze
Morningstar Rating: 5
Morningstar Sustainability Rating: 5
RSMR Rated Fund
RSMR Responsible Rated Fund
Square Mile Responsible Rating: R
3D Investing Certified Fund
Meet the team
Peter Michaelis, who is Head of the 17-strong Liontrust Sustainable Investment team, and Simon Clements joined Liontrust in April 2017 as part of the acquisition of Alliance Trust Investments (ATI). 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. Prior to managing funds and ATI for five years, Simon spent 12 years at Aviva Investors where latterly he was Head of Global Equities.
Performance
Performance since manager inception date (%)
Discrete performance (%)
| As at previous quarter 12 months ending: | Sep 23 | Sep 22 | Sep 21 | Sep 20 | Sep 19 |
|---|---|---|---|---|---|
| Liontrust Sustainable Future Defensive Managed | 1.9 | -19.9 | 11.7 | 7.5 | 8.0 |
| IA Mixed Investment 20-60% Shares | 4.2 | -10.6 | 12.2 | -1.2 | 4.0 |
| Quartile Ranking | 4 | 4 | 3 | 1 | 1 |
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 Sustainable Future Defensive Managed | 4.1 | 3.2 | 1.9 | 3.1 | 1.4 | -8.9 | 15.3 | - | 53.3 |
| IA Mixed Investment 20-60% Shares | 2.5 | 2.2 | 1.9 | 3.8 | 3.0 | 1.5 | 15.0 | - | 35.6 |
| Quartile Ranking | 1 | 1 | 3 | 3 | 4 | 4 | 3 | - | - |
Source: FE fundinfo as at 08/12/2023. Performance figures are shown in GBX. 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 (%)
| HIS MAJESTY`S TREASURY 0.875% GREEN GILT 31/07/33 GBP0.01 | 14.17 |
|---|---|
| HIS MAJESTY`S TREASURY 1.5% GREEN GILT 31/07/53 GBP0.01 | 5.03 |
| LIONTRUST SUSTAINABLE FUTURE CORPORATE BOND 3 INC | 1.33 |
| NATWEST GROUP PLC 2.105% TO FXD RT RST NTS 28/11/31 GBP100000 T2 | 1.26 |
| HSBC HOLDINGS PLC 7% SUBORD NTS 07/04/38 GBP50000 | 1.21 |
| ALPHABET INC | 1.13 |
| CADENCE DESIGN SYSTEMS INC | 1.04 |
| BARCLAYS PLC 8.407% RST SUB CALL NTS 14/11/32 GBP100000 | 1.01 |
| PALO ALTO NETWORKS, INC. | 0.94 |
| PHOENIX GROUP HLDGS PLC 5.625% NTS 28/04/31 GBP100000 T2 | 0.89 |
Sector Breakdown (%)
| Financials | 38.38 | |
|---|---|---|
| Government Bonds | 19.21 | |
| Information Technology | 7.66 | |
| Industrials | 6.63 | |
| Health Care | 6.41 | |
| Telecommunications Utilities | 3.80 | |
| Consumer Discretionary | 3.63 | |
| Utilities | 3.23 | |
| Mutual Funds | 2.00 | |
| Communications | 1.81 | |
| Money Market | 1.76 | |
| Real Estate | 1.75 | |
| Consumer Staples | 1.53 | |
| Materials | 1.46 | |
| Infrastructure | 0.36 | |
| Energy | 0.29 |
Geographic Breakdown (%)
| UK |
63.19
|
|---|---|
| USA |
19.71
|
| Netherlands |
2.87
|
| France |
2.02
|
| Cash & Cash Equivalents |
1.76
|
| Denmark |
1.71
|
| Japan |
1.63
|
| Ireland |
1.59
|
| Luxembourg |
1.46
|
| Spain |
1.33
|
| Switzerland |
0.88
|
| Germany |
0.63
|
| Italy |
0.59
|
| Sweden |
0.56
|
For more information on the OCF, see our costs and charges page.
Additional resources
The Sustainable team’s Annual Review covers the Sustainable Future process, performance, and work across impact measurement and engagement during 2022.
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.
Fund Manager Insights
Peter Michaelis
Peter Michaelis
How to invest in Liontrust funds
Key Risks
Past performance is not a guide to future performance. The value of an investment and the income generated from it can fall as well as rise and is not guaranteed. You may get back less than you originally invested. The issue of units/shares in Liontrust Funds may be subject to an initial charge, which will have an impact on the realisable value of the investment, particularly in the short term. Investments should always be considered as long term.
Investment in the Fund involves foreign currencies and may be subject to fluctuations in value due to movements in exchange rates. The value of fixed income securities will fall if the issuer is unable to repay its debt or has its credit rating reduced. Generally, the higher the perceived credit risk of the issuer, the higher the rate of interest.
Disclaimer
This is a marketing communication. Before making an investment, you should read the relevant Prospectus and the Key Investor Information Document (KIID), which provide full product details including investment charges and risks. These documents can be obtained, free of charge, from www.liontrust.co.uk or direct from Liontrust. Always research your own investments. If you are not a professional investor please consult a regulated financial adviser regarding the suitability of such an investment for you and your personal circumstances.
This 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. 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. It contains information and analysis that 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 of this document, no representation or warranty, express or implied, is made by Liontrust as to its accuracy or completeness, including for external sources (which may have been used) which have not been verified. It should not be copied, forwarded, reproduced, divulged or otherwise distributed in any form whether by way of fax, email, oral or otherwise, in whole or in part without the express and prior written consent of Liontrust.
