Liontrust Responsible Capitalism Report 2024 - Flipbook - Page 88
COMMITMENT TO NET ZERO
GFT’s funds that are committed to net zero are listed in the table
below. Note that the fund WACI numbers for end 2023 are
computed with the actual AuM of the fund in USD as at the end
of December 2023. This methodology differs from the fund WACI
numbers to the end of 2022 when the total AuM of each fund was
assumed to be $1 billion. The change to actual AuM figures comes
as Liontrust now has the ability to include this in the computation.
Going forward, Liontrust plans to continue using actual AuM when
computing WACI numbers so that more accurate, year-on-year
WACI comparisons can be made.
Funds
Benchmark used
for MSCI ESG
analysis
Benchmark
WACI end 2019
Fund WACI end
2022
Fund WACI end
2023
End 2023 fund
WACI lower than
2019 benchmark
WACI by
LF Liontrust UK Equity Fund
FTSE All Share
125.0
84.4
63.0
50%
GF UK Equity Fund**
FTSE All Share
125.0
95.5
64.1
49%
LF Liontrust UK Focus Fund
FTSE All Share
125.0
68.4
24.9
80%
GF Global Equity Fund
MSCI AC World
185.9
50.2
32.7
82%
LF Liontrust Global Focus Fund
MSCI AC World
185.9
61.6
41.8
78%
Liontrust GF International Equity Fund
MSCI AC World
ex USA
201.7
75.1
53.7
73%
Liontrust GF US Equity Fund
S&P 500
165.9
18.4
15.5
91%
US Opportunities Fund**
S&P 500
165.9
15.5
91%
Balanced Fund*
MSCI World
168.2
12.4
41.5
75%
China Fund*
MSCI China
234.0
94.3
94.2
60%
Emerging Markets Fund*
MSCI Emerging
Markets
315.8
114.5
131.0
59%
Global Alpha Fund*
MSCI AC World
185.9
16.0
41.8
78%
India Fund*
MSCI India
502.8
497.9
664.0
32% higher
Japan Equity Fund*
Topix Japan
99.8
285.0
97.5
2%
Latin America Fund*
MSCI EM Latin
America
247.7
240.7
227.4
8%
-–
*In 2023, these funds moved from being managed by Liontrust’s Global Equity team (which was disbanded in 2023) to management by
the Global Fundamental Team.
**These funds were not included in the Group’s net zero count in last year’s Responsible Capitalism report.
88 - Responsible Capitalism Report 2023