Pictet fund avoids transition risk

Top 25 funds in this month’s Responsible Ratings Index

Fidelity International, Nordea Asset Management and Pictet Asset Management funds have topped the ESG Clarity and Bonhill Intelligence Responsible Ratings Index (RRI) sustainable funds ranking this month.

The RRI is a one-stop overview of the top-rated ESG funds in Europe.

More and more research houses and data providers have started to rate responsibly invested funds based on their ESG credentials, as well as their performance, volatility, resources and company sustainability agendas.

The RRI is rebalanced monthly to reflect changes to the individual ratings, but also to encompass the growing number of data providers that are beginning to award ESG funds with a score.

This month, Fidelity Global Dividend fund was in first place, Nordea’s Global Climate and Environment fund was second and Pictet was in third with its Global Environmental Opportunities fund. With this magazine drilling into climate and biodiversity we asked if any of these top performers could share insights on how they foster climate resilience in their funds.

Speaking about the Global Environmental Opportunities fund in ESG Clarity’s May 2022 digital magazine, Pictet senior client portfolio manager, thematic equities, Jennifer Boscardin-Ching, said physical risks linked to climate change are on the radar and are being measured in the fund.

Here are the top 25 funds in May 2022:

NameRRIMorningstar Sustainability RatingMSCISquare MileGlobal CategorySustainable Investment - OverallMorningstar Analyst RatingFund Size (£bn)
Fidelity Global Dividend555Global Equity Large CapNoSilver8
Nordea 1 - Global Climate & Envir555Global Equity Mid/Small CapYes8
Pictet - Global Envir Opps 555Global Equity Large CapYesBronze7
Pictet-Security 555Global Equity Large CapYes6
Jupiter European 555Europe Equity Large CapNoBronze4
Royal London Sustainable Div555Moderate AllocationYesBronze3
TB Evenlode Income555UK Equity Large CapNo3
Royal London Sustainable Leaders 555UK Equity Large CapYesBronze3
Royal London Sustainable World 555Aggressive AllocationYesNeutral3
Robeco Sust Global Stars Eqs 555Global Equity Large CapYes3
Brown Advisory US Sust Gr555US Equity Large Cap GrowthYesSilver3
Schroder ISF Glbl Sust Gr 555Global Equity Large CapYesSilver3
Rathbone Ethical Bond 555Sterling Fixed IncomeYes2
GuardCap Global Equity 555Global Equity Large CapYesGold2
Brown Advisory Global Leaders 555Global Equity Large CapYes2
Fidelity Asia Pacific Opps 555Asia ex-Japan EquityNoBronze2
MS INVF Global Quality 555Global Equity Large CapNo2
Janus Henderson Global Sust Eq 555Global Equity Large CapYes2
Pictet-Premium Brands 555Consumer Goods & Services Sector EquityNo1
Liontrust Sust Fut Defesv Mgd 3 555Cautious AllocationYesBronze1
AI Stewardship UK Eq UK Corp 555UK Equity Large CapYes1
Royal London Sustainable Mgd Gr 555Cautious AllocationYesBronze1
Legg Mason CB US Eq Sust Ldrs5553US Equity Large Cap BlendYes1
Liontrust Sust Fut Cau Mgd 3 555Moderate AllocationYesSilver1
Allianz Euroland Equity Growth 555Europe Equity Large CapNoBronze1