UK-based financial planning and investment firm Tilney has rolled out its Tilney Sustainable Adventurous Portfolio.
The Tilney Smith & Williamson subsidiary said the product is a multi-asset fund for retail investors and sits within the firm’s ESG and sustainability framework.
The fund is aimed at those clients seeking a long-term growth focused portfolio, and it expands the company’s active portfolio range.
The solution will be managed by Genevra Banszky von Ambroz, who already heads the Tilney Sustainable Cautious Portfolio and Tilney Sustainable MPS range.
She said: “Following the success of our existing strategy, which has delivered strong risk-adjusted returns since launch and grown to over £300m ($402m, €350) in size, we have had strong client and adviser demand for a sustainable multi-asset fund with a higher weighting to equities, suited to investors with a long-term horizon and greater risk appetite.
“While there will be a fair amount of commonality in the underlying funds selected between the two funds, the Sustainable Adventurous Portfolio will have a circa 75% allocation to equities, compared to 45% in the existing Sustainable Cautious fund.
“For diversification purposes, the Sustainable Adventurous fund will also have allocations in real assets such as energy efficiency and renewable infrastructure projects, bonds, ethically sourced physical gold and cash. The aim of the funds is to provide investors with a single, ‘one-stop–shop’ pooled investment solution, diversified globally that meets their needs and aligns with their values.”
The product has a 1.59% ongoing charge, inclusive of a 0.75% annual management fee and the costs of the underlying funds it invests in.
The Tilney Sustainable Adventurous Portfolio will be made available on a number of platforms including Bestinvest, Tilney Smith & Williamson’s online investment service, as well as the Aviva platform, Standard Life Elevate, and Pershing Nexus.
