Liontrust Monthly Income Bond Impact Report Q2 2020 - Page 8



Weight of holdings owning fossil fuels
Weight of companies owning fossil fuel reserves
This analysis shows the fund holds (one company: SSE PLC) which
has some natural gas reserves. The fund holds no companies with
thermal coal or oil reserves. SSE is a big investor in renewable
energy, it has a very small legacy oil and gas business which is
well below the threshold we deem significant (5% of group sales)
to exclude a company because in extracts or produces fossil fuels
(natural gas, coal or oil). This means the fund is exposed to much
less than 0.155% (3.2% holding x less than 5% of sales) of sales
exposure to fossil fuel reserves. SSE is planning to dispose of these
assets.
9%
Liontrust Monthly Income Bond Fund
8%
Benchmark: iBoxx £ Corporates 5-15 years
7%
6%
5.0%
5%
5.0%
4.2%
4%
3.2%
3.2%
3%
2%
1%
0%
0%
Any reserves
0%
0%
Thermal coal
Natural gas
Oil
Source: MSCI Carbon Analytics and Liontrust 31 July 2020; carbon emissions data available for 54.7% of the fund and 59.0% of the benchmark
8 - Liontrust Monthly Income Bond Fund

Paperturn



Powered by


Full screen Click to read
Paperturn flip book
Search
Overview
Download as PDF
Print
Shopping cart
Full screen
Exit full screen