MGIM adds Sustainable Managed Portfolio Service to range

8 February 2022

Momentum Global Investment Management has added a Sustainable Managed Portfolio Service to its MPS range, alongside existing core strategies.

The company said this follows feedback from financial advisers and planners who have witnessed the recent surge in investor demand for strategies that balance both commercial and societal or environmental concerns.

The new offering consists of three actively managed risk-rated* multi-asset model portfolios that are intended to mirror the headline asset allocation through time of Momentum’s existing core MPS. They are:

  • Sustainable Managed Portfolio 4 – a balanced strategy with a sustainability focus, aiming to deliver UK CPI + 4% per annum over the longer term
  • Sustainable Managed Portfolio 5 – a moderate strategy with a sustainability focus, aiming to deliver UK CPI + 5% per annum over the longer term
  • Sustainable Managed Portfolio 6 – a growth strategy with a sustainability focus,aiming to deliver UK CPI + 6% per annum over the longer term

Each portfolio employs between 18-20 funds, using Momentum’s sustainable selection criteria, which is supported by Morningstar’s ‘Sustainalytics’ rating system.

The Sustainable MPS carries a DFM charge of 0.25% and will initially be available on the Aviva, Quilter, and Standard Life platforms.

Alex Harvey, Lead Portfolio Manager for MPS at Momentum, said: “Responsible investing has long been a key element of consideration within our investment decisions and manager selections. We have drawn on this extensive experience in the creation of these sustainable portfolios, as they specifically cater to clients who wish to invest with a greater emphasis on the social and environmental footprint of their investments, whilst not compromising on their financial returns.”

Professional Paraplanner