Strategic Passive ESG
A diversified and cost-effective approach to ESG investing.
- 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.
Diversified and cost-effective ESG investing
Strategic Passive ESG is designed for investors who want to invest in an Environmental Social and Governance (ESG) focused solution that’s diversified and cost-effective.
Like our active approach, it benefits from input by the independent members of our Ethical Oversight Committee (EOC), plus the 'Anything-but passive' due diligence we bring to our passive solutions.
Meets rigorous ESG standards
Selected funds and ETFs have improved average ESG scores and significantly reduced carbon emissions vs our Strategic Passive solution*.
Established in 2022
Investment solution established in March 2022. You can read more about its performance in its latest Quarterly Solution Report.
A balanced approach
Aims to find a balance between both positive engagement and negative screening approaches, to meet most client preferences.
Available in 10 Risk Grades
Choose from 10 risk-graded funds to match your clients' investment objectives, appetite for risk and time horizon.
Independent oversight
Supported by an oversight committee, that includes independent professionals with specialist expertise in responsible investing.
Competitive
Competitive DFM charge of 0.12% p.a.†
*Using a combination of MSCI data and Sustainalytics, see guide more information.
†Versus AJ bell (15bps), EQ (20bps) and Copia (20bps). Correct as of May 2024
Costs and charges
Our Passive 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 | 0.12% |
| 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 portfolio in Risk Grade 5, and an OCF as of the 31st March 2024
| Custody | DFM Charge | Dealing* | OCF | Total |
|---|---|---|---|---|
| 0.30% | 0.12% | 0.05% | 0.18% | 0.65% |
*Assuming a 12% turnover rate - for guidance only, actual turnover may be more or less than this amount
We seek out investment managers that take their responsibility as stewards of their clients’ money seriously.
Simon Molica
Senior Investment Manager
