Tilney has announced the launch of the Tilney Sustainable Adventurous Portfolio.

The new fund is aimed at retail investors seeking growth focused on investments that demonstrate strong ESG and sustainability credentials. The portfolio will be comprised of funds with companies involved in the conservation of energy and natural resources and resource efficiency; sustainable transport and infrastructure; healthcare and affordable housing; sustainable food and water management.

The portfolio will seek to avoid funds with direct exposure to companies involved with the production of alcohol for consumption, gambling, palm oil, armaments, pornography and tobacco. The lead manager for the fund is Genevra Banszky von Ambroz.

Banszky von Ambroz says: “Following the success of our existing strategy, which has delivered strong risk-adjusted returns since launch and grown to over £300 million in size, we have had strong client and adviser demand for a sustainable multi-asset fund with a higher weighting to equities, suited to investors with a long-term horizon and greater risk appetite. While there will be a fair amount of commonality in the underlying funds selected between the two funds, the Sustainable Adventurous Portfolio will have a circa 75% allocation to equities, compared to 45% in the existing Sustainable Cautious fund. For diversification purposes the Sustainable Adventurous fund will also have allocations in real assets such as energy efficiency and renewable infrastructure projects, bonds, ethically sourced physical gold and cash. The aim of the funds is to provide investors with a single, ‘one-stop –shop’ pooled investment solution, diversified globally that meets their needs and aligns with their values.”