The fund is designed to mirror the LGIM Future World fund, which was launched in November 2016 for institutional investors.
When reviewing any investment literature, if anything is unclear, it is vital that potential investors ask questions about the fund and its investments. A well-run fund should be transparent on these issues, and investors should demand answers if the prospectus is not forthcoming.
Investors might want to take a look at a guide published by the US SIF: Getting Started in Sustainable and Impact Investing: A Guide for Retail Investors, which notes that individual investors can also choose in their local communities.
In addition to your own investment accounts, you may also have some ability to influence the investment actions of organisations with which you are connected. This could include non-profit organisations, university endowments, religious institutions and local government operating funds and pension funds.
Retail investors could consider asking the investment committee or trustees how they vote proxies and whether they address ESG issues and risks such as climate change into their portfolio selection.
Fiona Reynolds is chief executive of Principles for Responsible Investment Association
