Bell SMID fund added to IOOF's ESG portfolio

6 July 2020
| By Laura Dew |
image
image
expand image

The Bell Global Emerging Companies fund has been added to IOOF’s environmental, social and governance (ESG) model portfolio.

 

The fund invests in 30-60 high quality companies in the global small and mid-cap space and targets a high ESG portfolio rating.

 

The ESG model portfolio was developed by IOOF to enable its financial adviser network to meet the growing client demand for sustainable investments. Funds were considered on their return criteria and consideration of ESG issues.

 

Ned Bell, chief investment officer at Bell Asset Management, said ethical investors had become more “demanding” of their asset managers.

 

“With responsible investing on the rise in Australia, ethical investors are demanding more from asset managers and we are proud to offer a strategy where ESG screening of global small and mid-cap companies has been an integral part of the investment process since the fund’s inception.

 

“We are pleased to be able to provide IOOF advisers with a quality, global equity small and mid-cap solution that aims to deliver both competitive returns and positive social and environmental outcomes.”

 

According to FE Analytics, the Bell Global Emerging Companies fund has returned 11.6% versus returns by the Australian Core Strategies global small and mid-cap sector of 6.2% over one year to 31 May, 2020. 

 

Performance of Bell Global Emerging Companies versus ACS global small and mid cap sector over one year to 31 May, 2020

 

 

Read more about:

AUTHOR

Recommended for you

sub-bgsidebar subscription

Never miss the latest news and developments in wealth management industry

MARKET INSIGHTS

GG

So shareholders lose a dividend plus have seen the erosion of value. Qantas decides to clawback remuneration from Alan ...

2 months 1 week ago
Denise Baker

This is why I left my last position. There was no interest in giving the client quality time, it was all about bumping ...

2 months 1 week ago
gonski

So the Hayne Royal Commission has left us with this. What a sad day for the financial planning industry. Clearly most ...

2 months 1 week ago

A Sydney-based financial adviser has been banned from providing financial services in the interest of consumer protection after failing to act on conduct concerns. ...

3 weeks 3 days ago

ASIC has cancelled the AFSL of a $250 million Sydney fund manager, one of two AFSL cancellations announced by the corporate regulator....

3 weeks 1 day ago

Having divested its advice business in August, AMP is undergoing restructuring in at least four other departments amid a cost simplification program....

2 weeks 5 days ago