Sustainable Diversified Trust
Actively managed, to balance growth and risk
Good for...
Investors looking to achieve a better return than a bank or building society account, without taking a lot of investment risk.
Sustainable Diversified Trust seeks the best opportunities from our sustainable investment themes.
Nothing in life is risk-free, but you should remember this is a different type of investment to a bank or building society account. The value of an investment can go down as well as up and you may get back less than you put in.
“As a fund manager I am thinking about the long term and Healthcare is one area where we’ve invested. An example of this is Novartis, a leading global pharmaceutical company discovering new medicines to improve the quality of life for people around the world.”
Linda Desforges, Fund Manager
Fund detail
Launched |
24th July 2009 |
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Fund manager profile |
Linda is Head of External Funds and is a key member of the asset allocation team; she has been managing customer portfolios since 1993. In 2003, Linda was appointed Head of North American Equities and in 2006 expanded her experience to cover a broad range of asset classes including UK and overseas equity, bonds, property and alternatives. |
Risk profile |
Medium |
Fund aims and objectives |
This fund looks to increase the value of your money over the long term by investing in a mix of investments such as high-quality companies, corporate bonds, property and cash. It is actively managed to adjust the types of investments it holds and uses our sustainable investment themes, to invest in accordance with the Co-operative Investments’ ethical investment policy.
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You should read the following documents before you invest in any of our funds:
(Documentation will open as a PDF in a new window).
- CIS Sustainable Diversified Trust Key Investor Information Document (PDF - 0.3Mb)
- CIS Supplementary Information Document (PDF - 0.3Mb)
Fund facts
Who can invest?
You must be over 18 to invest. This investment can be held jointly by up to four named people.
Investment limits
You can invest:
- a lump sum (minimum £1000)
- regular monthly contributions (minimum £50)
- or a combination of both.
There is no maximum investment limit, but if you wish to invest in a Stocks & Shares ISA, the total ISA allowance is £11,520. If you wish to invest more than this, simply choose to invest part of your investment inside the ‘ISA wrapper’ and the rest outside the ‘ISA wrapper’ in a unit trust.
Flexibility
There is no fixed investment term and you can choose to increase or decrease your monthly payments, as long as you let us know in advance. And you can even take up to two ‘payment holidays’ in a year if you like.
Income
You can receive an income from this investment on a quarterly basis. Or you can choose to add the income back to the fund for greater capital growth. You can choose to add this income back to the fund for greater capital growth or you can receive a cheque/bank transfer into your account.
Withdrawals
You can make partial withdrawals from your investment but you should remember that making any withdrawals will not only reduce the value of your investment, but also any income you receive from it.
Valuations
We will send you a half-yearly statement to let you know how your investment is performing, or you can request a valuation of your investment at any time by calling us on 08457 46 46 46.
You can also check the daily unit price online.
Latest information
How has Sustainable Diversified Trust been performing?
Take a look at the latest fund factsheet:
(Documentation will open as a PDF in a new window).
- Sustainable Diversified Trust
fund factsheet (PDF - 0.2Mb)
Fees, charges and taxation
When you invest in Sustainable Diversified Trust, as either a unit trust investment, or a Stocks & Shares ISA, we will look after and manage your money, to give it the best chance of achieving your investment goals.
There are charges made for this - which are a percentage of the value of your investment at the time.
Here is a summary of the important information:
| Charge (% of the investment value at the time) | What’s this for | How and when is it deducted? | ||
|---|---|---|---|---|
| Initial charge | If you apply online without receiving financial advice from us. (You may also request a postal application by telephoning us). | 1.5% of your initial investment | The charge for opening a unit trust (or Stocks & Shares ISA) with us. |
One-off charge on ‘day one’ of your investment. You buy units at the buying price and sell them at the selling price. The difference between the two is the initial charge. |
| AND | Annual Management Charge |
1.5% per year | The annual cost of us managing your money and investing it on your behalf. |
Daily, from the income earned on your investment. |
| AND | Additional Management Charge |
About 0.1% per year | For the additional costs of managing the Trust, such as the Trustees fees and audit expenses. |
Once a year, from the income earned on your investment. |
We aim to keep these charges to a minimum and we will notify you if there are any changes to these.
What about tax?
You will find out more information about taxation in our CIS Supplementary Information Document (PDF - 0.3Mb). You should read this before you invest to make sure you understand your tax position and if you need further guidance, you should seek specialist advice.
- If you invest in this Trust through a stocks & shares ISA, you will have no further tax to pay on your investment.
- If you invest in this Trust outside the ‘ISA wrapper’, any income you earn from an investment in this Trust is taxed as an ‘interest distribution’ so you will pay tax on it subject to your personal income tax liability. You may also have to pay capital gains tax when you sell your units. This will depend on whether you have exceeded your annual capital gains tax exemption.
