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.
Available in 10 Risk Grades
Diversified multi-asset investment solution, available in 10 Risk Grades allows you to find a portfolio mandate that lines up with your clients’ attitudes to risk.
Meets rigorous ESG standards
Selected funds and ETFs meet our rigorous ESG standards, with improved average ESG score and significantly reduced carbon emissions vs our standard PIM Strategic Passive solution (*Using a combination of MSCI data and Sustainalytics, click below for more information.
Independent input
Oversight by Parmenion’s expert Ethical Oversight Committee, with independent input from ethical experts to validate ethical fund selection.
Meet our Ethical Oversight Committee
Established in March 2022
Investment solution established in March 2022. You can read more about its performance in our latest Investment Quarterly below, or the solution's Quarterly Solution Report.
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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
If you’d like to chat to us about PIM Strategic Passive or our wider proposition, please get in touch.