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Kyle Caldwell, Collectives Specialist, interactive investor, comments on the increased popularity of impact-focussed investment trusts.
Coinciding with the UN’s annual climate conference, COP27, which began on Sunday 6th November, interactive investor, the UK’s second largest direct to consumer investment platform, outlines the most bought sustainable funds on its platform, year-to-date. And only two of them are open ended funds, with the rest being investment trusts.
Commenting on the data, Kyle Caldwell, Collectives Specialist, interactive investor, says:
While over the past couple of years there’s been plenty of new ‘green’ fund launches or existing funds given a sustainability makeover, it is interesting to see from our data today that investment trusts specialising in a certain area – renewables - have been more popular with our customers. It seems that it is those with an impact focus that are winning hearts and minds, and arguably easier for people to understand the investment criteria.
Six of the 10 most-bought trusts overall, on our Sustainable Long List invest in some form of renewable energy infrastructure, such as solar or wind. In contrast, specialist alternative energy open-ended funds are few and far between.”
Contact: Jemma Jackson, interactive investor, 07818 076 218
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