Aviva Stewardship Ethical Equity

Stewardship Ethical Equity aims to provide long-term capital growth by investing in a diversified portfolio of global equities. It is actively managed and holds a mix of shares and some cash. The fund is designed for investors seeking equity exposure with an ethical screen applied.

Stewardship Ethical Equity invests in companies that are screened against defined responsible and sustainable criteria. It excludes companies involved in tobacco, alcohol, weapons, gambling, nuclear and pornography, and also looks for businesses making a positive contribution to society and the environment. The fund also requires companies to meet sector standards on social and environmental impacts.

Stewardship Ethical Equity’s portfolio includes large global names such as Apple, Mastercard, Alphabet, Linde and NVIDIA. Other notable holdings include Intercontinental Exchange, Accenture, ASML Holding, Waste Connections and Xylem. These holdings show that the fund is concentrated in established companies across a range of sectors.

Stewardship Ethical Equity is a global equity fund, with holdings across markets including the United States, Japan, the United Kingdom, the Netherlands and Germany. It also has exposure to Denmark, Ireland and Taiwan. Because it invests globally, the fund can be affected by movements in foreign currencies; currency risk means exchange-rate changes can help or hurt returns when investments are held in different currencies.

Stewardship Ethical Equity is exposed to market fluctuations, so its value can rise and fall and capital and returns are not guaranteed. It also has counterparty risk, liquidity risk, derivatives risk and currency risk. Counterparty risk means another party to a financial contract could fail to meet its obligations, while liquidity risk means some investments may be harder to sell quickly at a fair price.