32 UK domiciled ESG funds have minor exposure to Russia

Royal London held the highest with 3%

Kathleen Gallagher
clock • 2 min read
The £4bn Royal London Emerging Markets ESG Leaders Equity Tracker  has a 3% exposure to Russia
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The £4bn Royal London Emerging Markets ESG Leaders Equity Tracker has a 3% exposure to Russia

While there are 32 UK-domiciled funds that sit within the sustainable fund universe and have exposure to Russian securities, 28 have less than 1% exposure, according to data from Morningstar Direct.

There are only four funds that have over 1% exposure with one having 3%, according to their most recently reported portfolio data. These are: £4bn Royal London Emerging Markets ESG Leaders Equity Tracker - 3% £93m JPM Emerging Markets Sustainable Equity - 1.5% £8.7m BNY Mellon Sustainable Global Emerging Markets - 1.4% £1.6bn Schroders Sustainable Multi-Factor Equity - 1.3% However, Royal London said their fund, which tracks the MSCI EM ESG Leaders index, no longer had exposure to Russia as of 10 March and the exposure "was significantly lower" than 3% by the time the Russ...

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