7IM cuts fees on Sustainable Balance fund

25bps reductions

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