Published by the FCA in late 2023, the SDR framework aims to improve public understanding of sustainable investments and ensure consistency and transparency in the way that UK investment funds are labelled and disclosed.

As part of this, the FCA created four sustainability labels that funds can apply for and use if they meet the relevant criteria. The Sustainability Mixed Goals label is intended for investment products that pursue a combination of sustainability objectives, drawing on approaches from at least two of the other label categories (Sustainability Focus, Sustainability Improvers and Sustainability Impact).

The TrinityBridge Sustainable Balanced Portfolio Fund was launched to provide access to a sustainable version of the firm’s long-established, multi-asset class directly invested fund range. The fund aims to generate long-term returns whilst also supporting and promoting a low carbon economy, investing both in companies with low carbon intensity operations and those that are committed to demonstrably improving their carbon intensity within a clearly identified timeframe. The fund has over £100 million ($132 million) of assets; its performance is top quartile in the Investment Association Mixed Investment 40 to 85 per cent shares peer group over one and three years. It is managed by Giles Parkinson, head of equities, with assistance from Richard Stroud and Henry Frewer, and input from the responsible investment team headed by Charlie Willans.

“Our Sustainable Balanced Fund focuses on clear sustainability metrics which clients can understand and care about, while enabling a portfolio to be constructed from best-in-class companies across the globe,” John Edmeads, head of wealth planning at TrinityBridge, said.