20 Years of Sustainable Investing - International - Flipbook - Page 5
Discrete performance
To previous 12 months ending (%)
Dec-20
Dec-19
Dec-18
Dec-17
Dec-16
5.3
30.2
-6.7
20.7
8.0
-13.2
16.4
-8.8
11.7
19.2
Dec-20
Dec-19
Dec-18
Dec-17
Dec-16
Liontrust Sustainable Future – Continental European Growth Equities
24.3
25.9
-14.8
19.8
16.0
MSCI Europe ex UK
7.5
20.0
-9.9
15.8
18.6
Dec-20
Dec-19
Dec-18
Dec-17
Dec-16
Liontrust Sustainable Future – Managed Multi-Asset
21.3
24.7
-0.5
16.1
11.8
IA Mixed Investment 40-85% Shares
5.5
15.9
-6.1
10.0
13.3
Dec-20
Dec-19
Dec-18
Dec-17
Dec-16
Liontrust Sustainable Future – Global Growth Equities
32.7
29.4
1.3
18.8
16.6
MSCI World
12.3
22.7
-3.0
11.8
28.2
Dec-20
Dec-19
Dec-18
Dec-17
Dec-16
Liontrust Sustainable Future – Global Managed Growth Equities
33.2
26.4
1.1
18.1
15.0
Flexible Investment sector
7.0
15.6
-6.6
11.1
14.2
Dec-20
Dec-19
Dec-18
Dec-17
Dec-16
Liontrust Sustainable Future – Corporate Fixed Income
7.0
11.8
-3.6
7.2
10.5
iBoxx Sterling Corporate All Maturities
8.6
11.0
-2.2
5.0
11.8
Liontrust Sustainable Future – UK Growth Equities
MSCI UK
To previous 12 months ending (%)
To previous 12 months ending (%)
To previous 12 months ending (%)
To previous 12 months ending (%)
To previous 12 months ending (%)
Past performance is not a guide to future performance. *Composite returns source: Liontrust and FE Analytics, primary share classes, net
of fees, versus comparator benchmarks (for Liontrust Sustainable Future – Managed Multi-Asset and Liontrust Sustainable Future – Global
Managed Growth Equities, these are UK IA peer groups).
These returns have not been smooth, however. The early years, in the
wake of the dot.com bust, saw headwinds favouring more defensive
sectors like tobacco, after which we had the commodity super-cycle,
when mining and oil companies came to the fore; obviously, none of
these sectors are favoured areas for sustainable investment.
We also made mistakes along the way, backing carbon trading,
the first European solar boom, and various biotech companies that
failed in their trials. Mostly, however, we got our calls right, investing
in companies that were successful because they were helping to
make our world cleaner, healthier and safer. A few examples include
the fact we have provided capital to companies decarbonising
electricity generation, developing innovative vaccines and cancer
treatments, building up our communication infrastructure and making
our roads safer. We also avoided the worst corporate disasters such
as Enron, BP Macondo and VW Dieselgate.
Over the years, we have continued to evolve and improve our
approach, seeing more consistent outperformance over the last
decade. Overall, however, going back to that initial quote from Clare
Brook, 20 years of the SF Strategies shows there is a positive story to
tell about the performance that this kind of investment can deliver. Not
only has this been good for our clients, it has also clearly demonstrated
that integrating sustainability into stock selection can enhance returns.
2005
Kyoto Protocol
into force as
binding document and the term
also coined in a landmark study
Who Cares Wins.
comes
legally
ESG is
entitled
Liontrust: 20 Years of Sustainable Investing - 5