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L&G has best performing sustainable fund

ESG Investing Tuesday 18 June 2024 08:23 GMT

According to research by Morningstar, the L&G Global Technology Index fund is the best performing sustainable fund over the past 5 years.

The L&G fund’s 5-year return stands at 24.37%, topping a top-ten list of the best performing sustainable funds with the SVS Sanlam North American Equity and Axiom Concentrated Global Equity funds coming 2nd and 3rd with 5-year returns of 15.72% and 15.05% respectively.

A total of 21 funds have double-digit five-year returns. Last year, only six funds had a 5-year average return of over 10%.

The fund with the best sustainability criteria and best 5-year return is the Stewart Investors Indian Subcontinent Sustainability which saw a return of 14.33%.

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