PIM Strategic Ethical Active - Profile A

Positively focused ESG portfolios with a sharp eye on good governance and encouraging responsible behaviour.

For financial professionals only

Please note:

The content of this page is only suitable regulated financial advisers.
Past performance isn't an indicator of future returns and investors could get back less than they put in.
This content of this page is intended as general information and shouldn't be viewed as a personal recommendation.
There's also no guarantee that investment solution or funds will meet their objectives.

Good governance, responsible behaviour

This profile invests in good corporate citizens, with funds’ companies selected on the strength of their corporate governance, and leadership in environmental responsibility and social issues. And because it’s positively focused, the funds aim to encourage positive company behaviour through responsible voting practices and engagement with senior management.

Positive investment approach

Funds in this profile aim to encourage positive company behaviour through engagement practices - typically investing across most sectors in the economy. There are no mandated negative screens, although some may be applied at the managers’ discretion. The flipside is there’s potential for limited exposure to controversial areas - if these companies are assessed to be ESG leaders.

Available in 10 Risk Grades

A choice of 10 Risk Grades allows you to find a portfolio mandate that lines up with your clients’ attitudes to risk.

Independent oversight

Independent input, oversight and review from a panel of ethical experts validates ethical fund selection and provides guidance on solution construction.

Established track record

Launched in 2012, our Ethical solution has an established track record. You can read more about this in our latest quarterly fact-sheets below.

Defaqto Diamond rated

Defaqto 5 Diamond rated for an independent assessment of excellent value and risk adjusted returns.

Costs and charges

Our Ethical Active charges are simple and transparent. For our custody fee, when the total value of your client’s assets falls into a given band, they pay that charge for all their money, not just the proportion in that band.

Type	Charge
DFM charge	0.24%
Dealing charge (for fund switches and rebalance purchases)	0.45% (≈0.05% p.a.)*
Parmenion SIPP charge	£18+VAT per quarter

*Assumes a 12% turnover rate - for guidance only, actual turnover may be more or less than this amount

Custody band†	Charge
£0 - £299,999.99	0.30%
£300,000.00 - £599,999.99	0.25%
£600,000.00 - £1,499,999.99	0.20%
£1,500,000.00 +	0.15%

†A minimum monthly custody charge of £5 per client applies. Cliff edge structure.

Here’s what your client might pay

For a £100,000 non-SIPP Ethical A portfolio in Risk Grade 5, and an OCF as of the 30^th June 2022

Custody	DFM Charge	Dealing*	OCF	Total
0.30%	0.24%	0.05%	0.57%	1.16%

*Assuming a 12% turnover rate - for guidance only, actual turnover may be more or less than this amount

I’ve seen first-hand the positive impact that active engagement has on responsible business behaviour, across a range of ESG issues.
Chris Hegarty
Ethical Oversight Committee