Jupiter launches pioneering multi-asset ecology fund

A sub-fund of the Jupiter Global Fund SICAV, it aims to generate long-term capital appreciation and income by investing principally in a mixture of stocks and bonds belonging to companies which stand to benefit from the transition to a sustainable economy. The Fund seeks to offer investors exposure to long-term sustainable growth trends with lower-volatility and greater income generation potential when compared to traditional, pure equity approaches.

The split between stocks and bonds will be flexible although the managers will generally seek to hold around 60% in fixed income, including bonds, labelled green bonds and convertibles which is managed by experienced bond fund manager Rhys Petheram, and 40% in stocks, co-managed by Charlie Thomas and Abbie Llewellyn-Waters from Jupiter’s award-winning Environmental and Sustainable Investing team.

Central to the team’s investment approach is the integration of the fixed income and equity research and selection process. When considering stocks for inclusion in the portfolio, the managers will look to find the best value along a company’s capital structure, whether it be in equities, bonds or a mix of the two, in order to enhance returns. This integrated approach, which plays a key role in their investment strategy, allows them to deliver one unified and consistent portfolio rather than two portfolios running independently.

Charlie Thomas, co-manager of the Jupiter Global Ecology Diversified Fund, said: “The sustainable investment sector is becoming increasingly mature across asset classes, we believe we can apply our expertise in a way that will resonate with clients in delivering a diversified, lower-volatility and income-generating approach to a compelling global growth theme.”

Kevin Scott, head of EMEA at Jupiter, said: “Jupiter has a long-standing franchise in environmental, fixed income and combined products. This Fund has been carefully constructed to meet the demands and objectives of potential investors, opening up market opportunities across a new asset class. Charlie, Abbie and Rhys are extremely talented managers and their combined experience provide an excellent foundation on which to build a successful, global fund strategy.”