7IM Sustainable Balance C

An ethical fund of funds, which invests in bonds and equities, if they pass 7IM ethical screening.

  • 140.72p
    Price (Inc)

    These are the shares in the fund that pay out an income to clients. The income is made up of the total dividends – the money a company can pay out to its investors – from the companies in the fund.

  • 189.13p
    Price (Acc)

    These are the shares in the fund that don’t pay out an income to clients. Any dividends – the money a company can pay out to its investors – are reinvested into companies in the fund. Despite no income, the shares should be worth more over time. Good incentive, eh?

  • 4.00% 0.00%

    Initial charge

    Some funds charge you when you first invest, which is aptly known as the initial charge. They’re usually between 3-5% but at Bestinvest, we usually don’t charge you a penny!

  • 1.25%
    Annual management charge

    This is how much the fund management company charges to run the fund. It’s like paying a babysitter, dog sitter or house sitter (that makes well-informed, heavily researched changes to improve your baby/dog/house when needed).

  • 1.49%
    Ongoing charges

    This stands for Ongoing Charges Figure. It’s the cost of running a fund and includes admin fees, manager fees, administration costs, etc.

  • 1.20%
    Yield

    How much the fund is currently paying out in income to investors. It’s NOT to be confused with the overall growth of a fund – a very different thing indeed. It’s also NOT a guarantee of future pay-outs, just a snapshot. This is more what it’s not than what it is…

Prices as at 15 January 2021

Fund summary

Sector Mixed Investment 20-60% Shares
Structure OEIC
Launched February, 2007
Size £152m
Yield 1.20%
Charging basis 50% Income 50% Capital
Dividends paid 31 Jan, 31 Jul

Charges

Standard initial charge 4.00%
Initial charge via Bestinvest 0.00%
Additional bid/offer spread 0.00%
Annual management charge 1.25%
Ongoing charges figure 1.49%

Allocation

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Investment process

The fund aims to provide a balance of income and capital appreciation. There may be some risk to capital. The sub-fund invests predominantly in a range of securities and collective investment vehicles managed by selected fund managers. The sub-fund will only invest in individual securities where the underlying companies, countries and institutions score well on social and environmental criteria.

Manager research

Average monthly relative returns

  • 16/17 -0.20%
  • 17/18 -0.09%
  • 18/19 -0.14%
  • 19/20 -0.15%
  • 20/21 0.71%

Bestinvest MRI

  • 3 years 0.14%
  • 5 years 0.03%
  • Career -0.08%
  • 3 years 85.80%
  • 5 years 75.20%
  • Career 66.30%

Performance figures are based on the average of monthly percentage returns relative to the benchmark index.

7im - Investment Team

Track record

7im - Investment Team has 13.8 years experience of managing mutual funds in this sector. Over this period the average monthly return relative to the benchmark index has been -0.08%. During the worst period of relative performance (from April 2007 - September 2019) there was a decline of 22% relative to the index. The worst absolute loss has been 19%.

Periods of worst performance

Absolute -19.00% (May 2007 - February 2009)
Relative -22.00% (April 2007 - September 2019)

About the MRI

Our unique indicator: the Bestinvest Manager Record Index (MRI) measures the likelihood that the fund manager is adding value through their decisions. It is based on their performance record over the course of their career, adjusted for the amount of risk taken. MRI is an important contributor to our fund rating system but it is also vital to take account of qualitative factors. It is also very important to select funds to form a cohesive portfolio with an appropriate overall risk level.

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Top 10 holdings

Data accurate as at 31 July 2020

11.3959% Amundi Luxembourg Sa Amundi Index Us Corp Sri Ucits Etf Dr
7.4982% Bluebay Funds Management Co Sa Gbl High Yield Esg Bond S Gbp
5.6302% Blackrock Gf Esg Emerging Markets Blended Bond Z2 Gbp
3.922% Ishares Ii Plc Ishares Eur Corp Bond Esg Ucits Etf Eur
2.7339% Ubs (Irl) Etf Plc - Msci United Kingdom Imi Socially Responsible Ucits Etf A Dis
2.5194% Threadneedle Uk Social Bond Zni Gbp
1.8487% Ishares Ii Plc Dow Jones Global Sustainability Screened Etf € Acc Gbp
1.7825% Astrazeneca Plc
1.7492% Ubs Msci Em Socially Responsible (Usd) A Dis Gbp
1.4198% Sdcl Energy Efficiency Income Trust Plc Ord Gbp 0.01
Source: Trustnet

Key Investor Information - Income

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Key Investor Information - Accumulation

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