This fund is used within our Melodic portfolios and represents between 5-8% of the spread within them.
Royal London Sustainable Leaders Fund aim to invest at least 80% in the shares of UK companies listed on the London Stock Exchange that are deemed to make a positive contribution to society. It focuses on the sustainability of the products and services of the companies it invests in, as well as their standards of environmental, social & governance (ESG) management, alongside financial analysis.
The Fund launched May 1990 and as of May 2022 has a fund size of £3,109.27m with a 5-year annualised trailing return 8.29%.
Within the top 10 holdings you will see exposure to the following companies:
Astrazeneca – representing 5.66% of the fund – has its headquarters in Cambridge and is a British-Swedish multinational pharmaceutical and biotechnology company.
AstraZeneca develops, manufactures and sells pharmaceutical and biotechnology products to treat disorders within areas such as oncology, cardiovascular, respiratory, and inflammation.
The company was founded in 1999 through the merger of the Swedish Astra AB and the British Zeneca Group. Since the merger it has been among the world’s largest pharmaceutical companies and has made numerous corporate acquisitions.
It has been involved in developing the Oxford-AstraZeneca COVID-19 vaccine.
SSE PLC – representing 5.28% of the fund – is a multinational energy company headquartered in Perth, Scotland.
The North of Scotland Hydro-Electric Board was founded in 1943 to design, construct and manage hydroelectricity projects in the Highlands of Scotland. Because of its history and location, the Hydro-Electric Board was responsible for most of the hydroelectric generating capacity in the United Kingdom. Scottish and Southern Energy (SSE) was formed in September 1998, following a merger between Scottish Hydro-Electric and Southern Electric.
SSE Thermal operates a series of UK power stations, while SSE Renewables builds and operates onshore and offshore wind farms in the United Kingdom and Ireland, and has hydroelectric operations in Scotland.
Compass Group – representing 4.32% of the fund – is a British multinational contract foodservice company headquartered in Chertsey. It is the largest contract foodservice company in the world employing over 500,000 people. It serves meals in locations including offices and factories, schools, hospitals, major sports and cultural venues, mining camps, correctional facilities and offshore oil platforms.
Compass Group has announced its commitment to reach climate net zero by 2030 and plans to achieve this by increasing their investment in lower impact meat, plant-forward menus, food waste reduction, regenerative agriculture, water conservation, renewable energy, green logistics and other practices.