Jupiter Ecology I

Investment Process

The fund has a global remit and focuses on companies which provide solutions to environmental and social problems. The manager uses a bottom-up approach when selecting stocks rather than targeted asset allocation. Any weightings to the energy sector will always be investments in environmental technologies i.e. fossil free and in the alternative energy sub-sector. This leaves a universe of roughly 1,200 stocks for the manager to build the portfolio, using more traditional fund manager analysis of valuation metrics and qualitative research. Jupiter also carries out ethical screening, with the fund's exclusions including any company that derives more than 10% of its turnover from the following activities: alcohol, animal testing for cosmetic products, gambling, nuclear power, pornography, tobacco and weapons. However, given the green bias such companies would typically not enter the universe in the first place.