Schroders adds UK UTs to sustainable range

Schroders has announced the launch two UK Unit Trusts for its Global Sustainable Growth and Global Energy Transition funds.

The Luxembourg-based equivalent of the Global Sustainable Growth (GSG) was launched in 2010 and the Global Energy Transition funds (GET) was first launched as a Luxembourg vehicle in 2019. The GSG has delivered cumulative net ten year performance of 186%, while GET has a cumulative net performance of 114%, since inception. They produced returns of 27.5% and 91.9% in 2020 alone.

Schroders says the Global Sustainable Growth Fund seeks to provide capital growth by investing globally in sustainably-run companies. The Global Energy Transition Fund aims to identify growing opportunities across the clean energy-focused investment universe, spanning renewable power production and energy equipment, transmission and distribution, energy storage, smart grid technologies and electric vehicles.