Innovation Award Winner
ESG Protection Portfolio – 2020 Moneyfacts Investment Life & Pension Awards
We are delighted to announce that our ACUMEN ESG Protection Portfolio has won the Innovation Award at the Moneyfacts Investment Life & Pension Awards 2020.
The Innovation Award is based on a combination of Financial Advisers’ votes and feedback, and Moneyfacts own independent data and analytics team’s assessment of new products and services launched during the last year.
The Innovation Award covers the full spectrum of investment, retirement and protection products. When considering candidates for the award, the judges consider whether the product or service has the potential to be a “game-changer”, either by offering an exciting new feature or option, or by meeting a new consumer need. Other criteria include ease of understanding and a clear product rationale.
When providing a glimpse into the judges’ comments, Moneyfacts described the victory as follows:
“Despite a challenging period, there have been plenty of interesting new launches and product developments over the last 12 months but one new innovation in particular caught the eye of advisers and the judges – Tavistock Wealth’s ACUMEN ESG Protection Portfolio. The product received plenty of support from advisers who nominated it as the standout new product of the last 12 months.
The judges felt that the protection component, which ensures that clients always get back at least 90% of the highest value ever achieved by the portfolio was particularly appealing given the volatility that clients have been, and continue, to face. The fact that the fund aims to provide investors with long-term capital growth from a multi-asset portfolio comprised of holdings, which adhere to the Fund’s Environmental, Social and Governance (ESG) investment policy means that it also caters for the growing demand from investors that are looking for an investment with an ethical approach. By meeting these key client needs the Tavistock Wealth ACUMEN ESG Protection Portfolio should offer a solution to some really pressing client concerns in the current investment landscape.” – Moneyfacts 2020
Tavistock Wealth launched the ESG Protection Portfolio in 2019 to shield clients from the potentially disastrous consequences of sudden and sustained falls in market values. The portfolio offers investors an alternative, more prudent approach to medium to long term investing, whilst adhering to the Tavistock Wealth ESG investment policy.
Between 1st January and 31st March 2020, the FTSE 100 * equity index fell 24% and a broad basket of UK equities and bonds fell -8%. By contrast, the ESG Protection Portfolio fell by less than 3%. As of the 17th September the FTSE was down approximately -20% with the ESG Portfolio -2.5%. As of 17th September, an investment made in the ACUMEN ESG Protection Portfolio risked a maximum potential loss of only 4.8% of the initial investment, whilst still benefiting from the 90% high watermark guarantee going forward.
The portfolio has provided clients and advisers with peace of mind amid the volatility witnessed across financial markets and we are delighted that this has been recognised by the judging panel at Moneyfacts.
You can find out more about the ACUMEN ESG Protection Portfolio here.
* The ACUMEN ESG Protection Portfolio is globally diversiﬁed and invests across a range of asset classes. The comparison vs the FTSE 100 is for illustrative purposes only and the FTSE 100 should not be considered as a benchmark for the ACUMEN Portfolios.
This investment Blog is published and provided for informational purposes only. The information in the Blog constitutes the author’s own opinions. None of the information contained in the Blog constitutes a recommendation that any particular investment strategy is suitable for any specific person. Source of data: Bloomberg, Tavistock Wealth Limited unless otherwise stated.
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