7IM cuts fees on Sustainable Balance fund

25bps reductions

James Baxter-Derrington
The Sustainable Balance fund has outperformed its sector over one, three and five years

The Sustainable Balance fund has outperformed its sector over one, three and five years

7IM has reduced the annual management charge of its Sustainable Balance fund by 25bps, from 1% to 0.75%, in an attempt to "broaden the appeal of its proposition for investors interested in responsible investments".

Launched in 2007, the fund offers investors access to a mixed portfolio of equity, fixed income and real assets, including real estate and infrastructure, and has outperformed its IA Mixed Investment 20-60% Shares sector over one, three and five years. Year to date, the fund has returned 1.16% compared to the sector average's loss 3.96%. 7IM CEO Proctor: Further acquisitions unlikely despite current opportunities The fund utilises a sustainable screening process, which excludes companies with poor ethical practices and those in "non-sustainable industries, while favouring firms wit...

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