by Jay Underwood
Liontrust is to offer investors a US-focused sustainable growth fund from July.
The Liontrust GF Sustainable Future (SF) US Growth Fund, which will be domiciled in Ireland, is classified as Article 9 under the Sustainable Finance Disclosure Regulation (SFDR).
The fund will be managed by Chris Foster (pictured), Simon Clements and Peter Michaelis, who will be supported by the rest of the 17-strong Sustainable Investment team.
See also: Liontrust suffers £4.8bn outflow as assets slide to £31.4bn
The new fund will invest in 40 to 50 predominantly mid-cap stocks, with the model portfolio currently comprising 44 companies.
The bulk of the portfolio will contain companies with market capitalisations of up to $50bn (£39bn).
Foster said: “We have been asked by clients for many years to offer a US focused strategy and we have been able to build the resources on the Sustainable Investment team to enable us to launch the fund now.
“The US is home to some of the world’s most innovative companies. Sustainability considerably lags Europe and the UK and the opportunity for growth over the long term is very strong.
“We also see a huge opportunity in the US for the adoption of disclosure on key environmental, social and governance (ESG) issues. We are looking to partner with the companies we are investing in over the next five years and longer to try to improve this.”
