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Ethical Equity Fund quarterly report - September 2024 (Q3 2024)

Date: 01 November 2024

UK: Suitable for retail and professional clients.

Our market summary

The fund had a strong third quarter of 2024 and was ahead of its comparator benchmark, the MSCI World Index. This performance was mostly driven by good stock selection across European and US equities. During the period we were beneficiaries of interest rates cuts as the current value of future cash flows, of the growth stocks we invest in, are valued more highly as interest rates fall. This is supported across our exposure to the energy transition and resource efficiency themes.

Continue reading the latest market commentary

Claudia Quiroz

Head of Sustainable Investment