- With ESG funds taking a beating, we look at how the biggest names compare
- Approaches and returns vary significantly
Investors in sustainable global equity funds have every right to feel disappointed following a challenging first half of the year. A typical sustainable global fund has lost 16.7 per cent over the past 12 months, slightly underperforming mainstream rivals' average loss of 16.6 per cent, according to Morningstar’s data.
Five of the UK’s best-known sustainable funds have fared even worse, with an average loss of 17 per cent over the period. These are Baillie Gifford Positive Change (GB00BYVGKV59), Ninety One Global Environment (GB00BKT89K74), Liontrust Sustainable Future Global Growth (GB0030030067), FP WHEB Sustainability (GB00B8HPRW47) and Impax Environmental Markets (IEM).