Wealth manager TrinityBridge has adopted the Sustainability Mixed Goals label for its Sustainable Balanced Portfolio Fund.

The label has been adopted under the Financial Conduct Authority’s (FCA) Sustainability Disclosure Requirements (SDR) regime, which aims to improve consumers’ understanding of sustainable investment and ensure transparency.

The Sustainability Mixed Goals label is for investment products that look for a combination of sustainability objectives, drawing on approaches from at least two of the other label categories.

TrinityBridge’s Sustainable Balanced Portfolio Fund was launched with the aim of providing access to a sustainable version of the firm’s multi-asset class directly invested fund range.

It is managed by TrinityBridge head of equities, Giles Parkinson, with help from Richard Stroud and Henry Frewer, alongside input from the firm’s responsible investment team, which is led by Charlie Willans.

The fund invests in companies with low carbon intensity operations and those committed to improving their carbon intensity within a specific timeframe, and has more than £100m of assets.

Commenting on the announcement, TrinityBridge head of wealth planning, John Edmeads, said: “Investing sustainably does not mean having to compromise on geographic diversity, use of different asset classes, or the taking on of more risk.

“Our Sustainable Balanced Fund focuses on clear sustainability metrics which clients can understand and care about, while enabling a portfolio to be constructed from best-in-class companies across the globe.

“The successful adoption of the SDR Sustainability Mixed Goals label for the Sustainable Balanced Fund validates this approach and means investors can be confident that their money is being invested to achieve the fund’s objectives of supporting a lower carbon economy.

“This will also form the foundation for further development of the TrinityBridge sustainable funds range.”

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