Morningstar Fund Report  | 05/04/2025Print

Climate Assets Balanced Fund C GBP Accumulation

Performance History31/03/2025
Growth of 1,000 (GBP) Advanced Graph
Climate Assets Balanced Fund C GBP Accumulation
Fund13.5-11.17.8-0.3-0.4
+/-Cat2.3-1.0-0.6-9.30.8
+/-B’mrk1.2-3.8-2.9-11.50.1
 
Category: GBP Allocation 60-80% Equity
Category Benchmark: Morningstar UK Mod Adv Tgt ...
Key Stats
NAV
04/04/2025		 GBX 274.30
Day Change -0.72%
Morningstar Category™ GBP Allocation 60-80% Equity
IA (formerly IMA) Sector Mixed Investment 40-85% Shares
ISIN GB00B5MYZ657
Fund Size (Mil)
03/04/2025		 GBP 323.65
Share Class Size (Mil)
03/04/2025		 GBP 124.21
Max Initial Charge -
Ongoing Charge
19/02/2025		  0.88%
Investment Objective: Climate Assets Balanced Fund C GBP Accumulation
The investment objective of the Fund is to provide capital growth and income, net of fees, over the longer term (rolling 5 year periods). The Fund will aim to achieve the investment objective by investing in a global portfolio which is comprised of: Equity securities (60% to 75%), Corporate bonds and government bonds (5% to 25%), Alternatives (up to 25%) – alternatives would be defined as assets that have historically (over 5 years or more) had a low correlation to equity markets, such as investment trusts focusing on social or green infrastructure, Permitted closed-ended funds, including investment trusts and real estate investment trusts (up to 20%), Warrants (up to 5%), Cash (up to 10%).
Returns
Trailing Returns (GBP)04/04/2025
YTD-2.76
3 Years Annualised-0.54
5 Years Annualised5.59
10 Years Annualised5.28
12 Month Yield 2.70
Management
Manager Name
Start Date
Claudia Quiroz
01/02/2010
Caroline Langley
12/10/2018
Inception Date
01/02/2010

Category Benchmark
Fund BenchmarkMorningstar Benchmark
IA Mixed Investment 40-85% SharesMorningstar UK Mod Adv Tgt Alloc NR GBP
Portfolio Profile for  Climate Assets Balanced Fund C GBP Accumulation28/02/2025
Morningstar Style Box®
Equity Style
Morningstar Style Box®
Fixed Income Style
Asset Allocation
  % Long% Short% Net Assets
Stock65.090.0065.09
Bond23.250.0023.25
Property0.000.000.00
Cash3.340.003.34
Other8.330.008.33
Fixed Income
Effective Maturity-
Effective Duration-
Top 5 Regions%
United States55.77
United Kingdom16.59
Eurozone13.09
Europe - ex Euro5.10
Japan4.94
Top 5 Sectors%
Industrials28.22
Technology17.36
Healthcare16.46
Financial Services12.48
Utilities8.86
Top 5 HoldingsSector%
American Water Works Co IncUtilitiesUtilities2.99
Microsoft CorpTechnologyTechnology2.42
Thermo Fisher Scientific IncHealthcareHealthcare2.39
Visa Inc Class AFinancial ServicesFinancial Services2.37
Ecolab IncBasic MaterialsBasic Materials2.33
Increase Decrease New since last portfolio
Climate Assets Balanced Fund C GBP Accumulation
Growth Of 1000 (GBP) 31/03/2025
Fund:  Climate Assets Balanced Fund C GBP Accumulation
Category:  GBP Allocation 60-80% Equity
Category Index:  Morningstar UK Mod Adv Tgt Alloc NR GBP
Growth of 1,000 GBP
Annual Returns (GBP)31/03/2025
 201820192020202120222023202431/03
Price Return-4.1621.617.9313.46-11.057.81-0.28-0.43
+/- Category2.215.942.682.32-0.97-0.55-9.280.84
+/- Category Index--3.411.19-3.78-2.85-11.510.10
% Rank in Category1952924685910033
Trailing Returns (GBP)04/04/2025
   Total Returns   +/- Category   +/- Category Index
1 Day-0.72   0.431.83
1 Week-3.42   -1.17-0.50
1 Month-5.25   -0.86-0.30
3 Months-3.14   -0.460.32
6 Months-6.06   -4.52-5.07
YTD-2.76   -0.53-0.15
1 Year-4.22   -6.68-7.84
3 Years Annualised-0.54   -3.20-4.92
5 Years Annualised5.59   -2.32-3.55
10 Years Annualised5.28   0.48-0.81
 
Category: GBP Allocation 60-80% Equity
Category Index: Morningstar UK Mod Adv Tgt Alloc NR GBP
Quarterly Returns (GBP)31/03/2025
 Quarter 1Quarter 2Quarter 3Quarter 4
2025-0.43---
20242.09-0.451.77-3.59
20232.32-1.86-1.448.93
2022-5.29-8.20-1.794.17
20210.584.243.674.39
2020-10.7112.043.534.21
 
 
 
Morningstar Rating™(Relative to Category)28/02/2025
 Morningstar ReturnMorningstar RiskMorningstar Rating™
3-YearLowAbove Average1 star
5-YearBelow AverageAverage2 star
10-YearAbove AverageAverage4 star
OverallAverageAverage3 star
 
Category :  GBP Allocation 60-80% EquityClick here to see our Methodology
Volatility Measurements31/03/2025
 
3-Yr Std Dev9.67 %
3-Yr Mean Return0.64 %
 
3-Yr Sharpe Ratio-0.35
 
Modern Portfolio Statistics31/03/202531/03/2025
 Standard IndexBest Fit Index
 Morningstar UK Mod Adv Tgt Alloc NR GBP  MSCI Switzerland Small Cap NR CHF
3-Yr Beta1.000.58
3-Yr Alpha-4.86-2.04
 
Investment Style Details28/02/2025
Morningstar Style Box®
Equity Style
SizeRel to Cat
Average Mkt Cap (Mil)GBP 64409-
Market Capitalisation% of Equity
Giant29.46
Large36.81
Medium30.53
Small3.20
Micro0.00
Valuations and Growth RatesEquity PortfolioRelative to Category
Price/Prospective Earnings20.321.17
Price/Book2.831.06
Price/Sales3.461.84
Price/Cash Flow15.751.37
Dividend-Yield Factor2.060.92
 
Long-Term Projected Earnings Growth11.481.16
Historical Earnings Growth8.861.18
Sales Growth3.530.65
Cash-Flow Growth15.762.48
Book-Value Growth5.100.84
 
Category: GBP Allocation 60-80% Equity
Fixed Income Style-
Morningstar Style Box®
Fixed Income Style
SizeRel to Cat
Total Market Value (Mil)GBP 353
Maturity Distribution %
1 to 319.78
3 to 518.96
5 to 712.82
7 to 1012.64
10 to 1519.10
15 to 204.14
20 to 306.13
Over 300.00
Effective Maturity-
Effective Duration-
Credit Quality Breakdown %     %
AAA -   BB-
AA-   B-
A-   Below B-
BBB-   Not Rated-
 
Category: GBP Allocation 60-80% Equity
Asset Allocation28/02/2025
Asset Allocation
 % Long% Short% Net Assets
Stock65.090.0065.09
Bond23.250.0023.25
Property0.000.000.00
Cash3.340.003.34
Other8.330.008.33
World Regions28/02/2025
 % of EquityRelative to Category
United States55.771.07
Canada0.010.01
Latin America2.524.55
United Kingdom16.590.87
Eurozone13.091.42
Europe - ex Euro5.101.22
Europe - Emerging0.000.00
Africa0.000.00
Middle East0.000.00
Japan4.940.80
Australasia0.000.00
Asia - Developed1.980.60
Asia - Emerging0.000.00
 
Category: GBP Allocation 60-80% Equity
Sector Weightings28/02/2025
 % of EquityRelative to Category
Basic MaterialsBasic Materials5.621.44
Consumer CyclicalConsumer Cyclical2.400.22
Financial ServicesFinancial Services12.480.72
Real EstateReal Estate8.583.39
HealthcareHealthcare16.461.39
UtilitiesUtilities8.863.48
Communication ServicesCommunication Services0.010.00
IndustrialsIndustrials28.222.23
TechnologyTechnology17.360.83
 
Category: GBP Allocation 60-80% Equity
Top 10 Holdings28/02/2025
 Portfolio NEW
Total Number of Equity Holdings40
Total Number of Bond Holdings18
Assets in Top 10 Holdings23.11
NameSectorCountry% of Assets
American Water Works Co Inc207United States2.99
Microsoft Corp311United States2.42
Thermo Fisher Scientific Inc206United States2.39
Visa Inc Class A103United States2.37
Ecolab Inc101United States2.33
Emerson Electric Co310United States2.20
Xylem Inc310United States2.17
NVIDIA Corp311United States2.08
United Kingdom of Great Britain and N... United Kingdom2.07
Assura PLC104United Kingdom2.07
 
Increase Decrease New since last portfolio
Category: GBP Allocation 60-80% Equity
 
Management
Name of CompanyThesis Unit Trust Management Limited
Phone+44 1243 531234
Websitewww.tutman.co.uk
AddressThesis Unit Trust Management Limited
 Chichester   -
 United Kingdom
DomicileUnited Kingdom
Legal StructureOpen Ended Investment Company
UCITSYes
Inception Date01/02/2010
Fund Advisor(s)
Quilter Cheviot
Fund ManagerClaudia Quiroz
Manager Start Date01/02/2010
Career Start Year2000
 
Biography
Claudia has over 20 years of experience in Sustainable,Ethical and Responsible Investment and joined QuilterCheviot in 2009. She is the Lead Fund Manager of ouraward-winning Climate Assets Balanced Fund. Claudia’sportfolio management experience extends to privateclients, pensions, and charities with a focus on sustainableinvestment. She is a voting member of our InternationalEquities Stock Selection Committee, a Chartered Memberof the Chartered Institute for Securities & Investment, andthe winner of the Wealth Manager of the Year at the City ofLondon Wealth Management Awards in 2021.
Fund ManagerCaroline Langley
Manager Start Date12/10/2018
Career Start Year2003
 
Biography
Caroline has almost 20 years of investment experience and over 15 of those are with Quilter Cheviot where she has worked since 2006. She first trained as a Chartered Accountant at PricewaterhouseCoopers before spending two years as a consultant in their Sustainable Business Solutions team. Caroline graduated in Human Sciences from Oxford University in 1997 and also holds a Masters degree in Environmental Technology (specialising in Global Environmental Change and Policy) from Imperial College
Fees and Expenses
Sales Charges (Maximum) 
Max Initial Chargen/a
Max Exit Charge*n/a
Annual Charges
Max Annual Management Charge0.80%
Ongoing Charge0.88%
Purchase Details
Minimum Investments
Initial-
Additional-
Savings-
Tax Free Savings Schemes
ISAsYes