Aim of Portfolio:

To deliver a yield of 2.5% + p.a., with an element of growth. It can hold up to 20% in non-yielding strategies.

Portfolio Review:

Quarterly Portfolio UpdateApril 2023
Quarterly Market UpdateApril 2023
FE Analytics OverviewApril 2023

Risk and benchmark performance of Portfolio:

Key points

  • The current yield is 4.06 p.a. This is not guaranteed.
  • The investments include exclusionary policies which means certain sectors will not be held within the portfolio.
  • The strategy invests across ethical, sustainable, responsible and impact investments. This will include investment trusts.
  • We consider the long term as 10 years plus.
  • The strategy doesn’t have a specific benchmark.

For more information click here

Making a difference

We use analysis from BlackRock for the portfolio. The latest data is shown below based on the holdings as at 1 July 2023.

Performance:

The Portfolio was launched on 1 July 2022. The chart shows the total return up to 31 March 2023.

 Total Return Since Launch
Income Positive Impact Portfolio0.95%

You should note that past performance is not a reliable indicator of future returns and the value of your investments can fall as well as rise. The total return reflects performance without sales charges or the effects of taxation, but is adjusted to reflect all on-going fund expenses and assumes reinvestment of dividends and capital gains. If adjusted for sales charges and the effects of taxation, the performance quoted would be reduced.

Split by funds within the Portfolio (as at 1 July 2023):

Fund NamePercentage Holding
Fixed Interest20.00%
Liontrust Sustainable Future Monthly Income Bond Fund10.00%KIID
Rathbone Ethical Bond Fund10.00%KIID
Specialist32.00%
VT Gravis Clean Energy Income Fund5.00%KIID
Ecofin Global Utilities and Infrastructure Trust4.00%Documents
Greencoat UK Wind PLC5.00%Documents
Impact Healthcare REIT4.00%Documents
Renewables Infrastructure5.00%Documents
JLEN Environmental Assets Group Limited5.00%Documents
Premier Miton Global Renewables Trust4.00%Documents
UK12.00%
Janus Henderson UK Responsible Income Fund4.00%KIID
Trojan Ethical Income Fund4.00%KIID
Unicorn UK Ethical Income Fund4.00%KIID
US6.00%
BlackRock Sustainabe American Income Trust6.00%Documents
Global25.00%
Impax Enviromental Markets5.00%Documents
Ninety One Global Enviromental Fund4.00%KIID
Sarasin Responsible Global Equity Fund4.00%KIID
BNY Sustainable Global Equity Income Fund6.00%KIID
Premier Miton Sustainable Optimum Income Fund6.00%KIID
Emerging Markets5.00%
Carmignac Emerging Markets Fund5.00%KIID

Split by funds within the Portfolio (as at 1 July 2022):

Fund NamePercentage Holding
Fixed Interest20.00%
Liontrust Sustainable Future Monthly Income Bond Fund10.00%KIID
Rathbone Ethical Bond Fund10.00%KIID
Specialist32.00%
VT Gravis Clean Energy Income Fund5.00%KIID
Ecofin Global Utilities and Infrastructure Trust4.00%Documents
Greencoat UK Wind PLC5.00%Documents
Impact Healthcare REIT4.00%Documents
Renewables Infrastructure 5.00%Documents
JLEN Environmental Assets Group Limited5.00%Documents
Premier Miton Global Renewables Trust4.00%Documents
UK12.00%
Janus Henderson UK Responsible Income Fund4.00%KIID
Trojan Ethical Income Fund4.00%KIID
Unicorn UK Ethical Income Fund4.00%KIID
US6.00%
BlackRock Sustainabe American Income Trust6.00%Documents
Global25.00%
Impax Enviromental Markets 5.00%Documents
Ninety One Global Enviromental Fund4.00%KIID
Sarasin Responsible Global Equity Fund4.00%KIID
BNY Sustainable Global Equity Income Fund6.00%KIID
Premier Miton Sustainable Optimum Income Fund6.00%KIID
Emerging Markets5.00%
Carmignac Emerging Markets Fund5.00%KIID

Important notes

Performance

The performance for the portfolio is based on the previous holdings of the portfolio. Data for performance is sourced from Morningstar. These figures are provided to give an indication of the performance of the Portfolio. The performance figures take into account all fund / asset charges but do not reflect any additional charges, for example the cost of the investment plan and fees paid to LWM. These expenses may reduce the actual figures shown.

As an example of how this will impact on the performance, assuming the total gross cost of the portfolio is 1.09% p.a. (this is reflected in the performance figures shown), then after rebates and reflecting any fees payable to LWM Consultants the actual cost of this portfolio could be 2.45% p.a. (assuming a fund of £100,000 this would be £2,450 p.a.) This means that the drag on performance is around 1.36% p.a. (assuming a fund of £100,000 this would be £1,360 p.a.). This is an indication of costs as the assets and costs will move. The cost of accessing the funds may be higher via other routes and will include additional fees, the estimate is based on the highest charge via a SIPP and for other investments the charge will be lower. Charges may also reduce depending on the size of the assets held.

You should note that past performance is not a reliable indicator of future returns and the value of your investments can fall as well as rise. LWM only invests in UK based investments although some funds / assets may have overseas holdings, the performance of funds / assets where some holdings are denominated in foreign currencies will also be subject to variations in currency rates.