Fund management firm ebi has launched a new index-tracking MPS range, consisting of 11 portfolios with an ESG focus.
The Impact range has options for investors who want exposure to sustainable equities, bonds, or a mix of both, and will charge between 0.13% to 0.52%, plus an additional management fee of 0.12%.
Jonathan Griffiths, investment product manager at ebi, said the new offering was aimed to be a “competitive low-cost” option for investors “seeking to generate positive, measurable, and sustainable social and environmental change, alongside a financial return”.
All equity portfolios will be managed by Rize ETF – a specialist issuer that tracks impact-focused indices. It was purchased by Cathie Wood’s ARK Invest from AssetCo in September last year for £5.25m.
Its only pure fixed income offering will be managed by Northern Trust and will track the Bloomberg MSCI Global Green Bond index.
Funds in the Impact range will also follow the investible criteria set by the EU taxonomy for sustainable activities and are classified as Article 9 under the EU’s Sustainable Finance Disclosure Regulation.
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