Evergreen Responsible Growth Model
Evergreen Consultants has launched a sustainable model portfolio, called the Evergreen Responsible Growth Model, which will invest in a multi-manager portfolio of responsible investment funds.
The model will be offered as a tax-effective investment bond, through investment bond specialist Generation Life.
Evergreen is using its recently developed propriety index, the Evergreen Responsible Investment Grade (ERIG) Index, to identify funds that are genuinely investing with environmental, social and governance as a basis for the model portfolio.
“Given the lack of a consistent framework for responsible investing and limited access to accurate data, Evergreen took on the task of developing its own index and has used it as the basis for the Model," Evergreen Consultants founder and chief executive officer, Angela Ashton said.
The Evergreen Responsible Growth Model is currently using 21 funds from 18 underlying managers, which include the likes of Australian Ethical, BetaShares, Janus Henderson, Pendal and Pengana.