The People's Pension Ethical 0.5% Pn

31/08/2020

Important Notes This document is provided for the purpose of information only and should not be construed in any way as giving investment advice. Past performance is not necessarily a guide to future performance, as the value of the units may go up or down and any return is not guaranteed. The price of the units can be monitored on our website at bandce.co.uk/fund-unit-prices

Investment objective

The B&CE Ethical Fund aims to track the performance of the global equity market as closely as possible whilst only selecting 'socially responsible investments' . This is a higher risk fund aimed at maximising growth over the long term. The fund is aimed at members who wish to take account of ethical, environmental or social principles. This fund’s investments are weighted towards companies that demonstrate a robust ESG profile or an improving trend. Companies who are involved in the production of controversial weapons, including cluster munitions, are excluded.

Performance

Cumulative Performance

ResetPerformance line chart
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1 Month6 Months1 Year3 Years5 Years10 Years
Fund4.99%11.64%8.17%29.21%86.93%
Global Equities3.68%7.57%4.81%19.55%67.81%161.86%
Rank11111

Discrete Performance

Performance Bar chart
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Year 1Year 2Year 3Year 4Year 5
Fund8.17%7.20%11.43%16.92%23.74%
Global Equities4.81%4.11%9.55%16.06%20.95%
Rank11222

Current top 10 holdings

MICROSOFT CORP
5.10%
APPLE INC
3.80%
AMAZON.COM INC
3.07%
ALPHABET INC
1.70%
ALPHABET INC
1.65%
NESTLE SA
1.22%
FACEBOOK INC
1.20%
PROCTER & GAMBLE CO
1.16%
NVIDIA CORP
1.11%
HOME DEPOT INC
1.05%
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Contact information

The People’s Pension Trustee Limited
Manor Royal, Crawley, West Sussex, RH10 9QP.
Tel 0300 2000 555 Fax 01293 586801
www.thepeoplespension.co.uk

Market commentary

After the sharp falls in the first quarter, equity markets rebounded strongly in the second quarter. Investors appeared to be comforted by the size and speed of the economic response with advanced economies announcing over £7,000bn of support. Central banks moved to stabilise corporate financing and governments announced support for households and firms. The most recent data indicated this has kick-started some economic recovery after sharp falls in GDP in most countries during the first quarter but the impact of COVID is still to be fully understood. US equities made the strongest gains supported by particularly strong gains for the technology sector which the fund benefited from. UK equities and Global Real Estate made more modest gains during the quarter.