Elston Portfolio Management have launched a range of model portfolios that invest entirely in UK SDR complaint funds.
The Elston Sustainable range, which comprises of five risk-rated portfolios, aims to deliver a multi-asset portfolio strategy, with each allocating 100% of their assets in SDR-compliant funds.
While there are many ESG labelled portfolios available, Elston claims this is the first Sustainable labelled portfolio range given the entirety of the assets are invested in funds adhering to SDR.
“With hundreds of SDR funds now available to choose from, we have been able to design these Sustainable portfolios using a growing range of SDR-compliant funds,” said Andrea Acimovic, head of ESG research at Elston Consulting.
“We hope this new investment solution will help advisers and DFMs wanting transparent, assured and Sustainable model portfolios that are consistent with the SDR framework.”
“The FCA is moving in the right direction in its efforts to mitigate risk of greenwashing in the ESG investment space, with the UK SDR framework being a pioneering step,” added Henry Cobbe, head of research at Elston Consulting.
“In the absence of finalised guidance for defining what constitutes a Sustainable model portfolio, our aim is both to drive up standards and help our adviser clients avoid any risk of accidental greenwashing by focusing entirely on SDR-compliant funds.”
Ongoing charges in the Sustainable range average 0.7%.
