Climate change fund claims high returns
Investors seeking socially responsible investment opportunities could benefit from a climate change fund claiming to offer high returns.
The Climate Assets Fund was first introduced by Cheviot Asset Management, one of the largest discretionary investment firms in the UK, and is now claiming a proven performance in delivering high returns alongside ethical investment objectives.
Cheviot says the fund has managed to generate a cumulative return of 9.2% over an eight month period, March to October 2010.
Although primarily focused on growth, the fund’s current dividend yield is 3.16% p.a.
The fund seeks to tackle three main global issues: climate change, population growth and resource scarcity.
It looks at a range of investment opportunities including energy efficiency, vaccine development, sustainable forestry and water desalination technologies.
It uses a diverse multi-asset strategy and focuses on investment in large and mid-cap companies.
Claudia Quiroz, formerly at Henderson Global Investors and with 10 years of sustainable and ethical investment experience, is managing the fund for Cheviot.