Sustainability Disclosure Document: Family Charities Ethical Trust
This document provides you with information about this investment product. It is not marketing material. The information is required by law to help you understand the nature, investment strategy and sustainability aspects of this product to help you compare it with other products.
Product
This product is the Family Charities Ethical Trust (ISIN: GB0006685613). The manufacturer of the product is Family Investment Management Limited.
Call 0344 8920 920* for more information.
Family Investment Management Limited is authorised and regulated by the Financial Conduct Authority. The fund manager is Family Investment Management Limited.
This document is correct as at 2nd December 2024.
Statement
UK Sustainable Investment Labels have been introduced to help investors find products that have a specific sustainability goal, although not every fund that uses sustainable criteria qualifies for these labels. Because the way it invests doesn’t exactly align with the definition used for these labels, this product doesn’t have a UK Sustainable Investment Label.
Although the Family Charities Ethical Trust Fund doesn’t have a UK Sustainable Investment label, the fund does take into consideration the top 50 UK companies who focus on operating in a more sustainable way and ensure good supply-chain labour standards.
Sustainability approach
The Index represents the 50 largest companies by market capitalisation quoted on the London Stock Exchange that can demonstrably show they are working towards the following ethical standards:
- Environmental sustainability
- Adapting to and mitigating climate change
- Countering bribery
- Upholding and supporting human rights
- Ensuring good supply-chain labour standards
The Index also avoids investment in companies involved in the production of products such as tobacco and weapons. For the full Investment Objectives and Policy, please visit onefamily.com/company-information/financial-reports
To achieve its objective the policy of the Trust is to track the Financial Times Stock Exchange ('FTSE') 4Good UK 50 Total Return Share Index ('the Index').
Sustainability metrics
The FTSE4Good Index Series uses the overall Rating from FTSE Russell’s ESG Ratings and data model to select companies for inclusion. The ESG Ratings include over 7,200 securities in 47 Developed and Emerging markets. The ESG Ratings are comprised of an overall Rating, which is used to adjust stock weights in the FTSE4Good Index Series.
The overall rating breaks down into underlying Pillar and Theme Exposures and Scores. The Pillars and Themes are built on over 300 individual indicator assessments that are applied to each company’s unique ESG risk exposures.
| ESG RATINGS | ||||||
|---|---|---|---|---|---|---|
| Measure of the overall quality of a company's measurement of ESG issues | 1 Rating | |||||
| Environmental | Social | Governance | Three pillars | |||
| Score: Measure of the quality of a company's management of environmental issues | Exposure: Measure of the relevance of environmental issues for a company | Score: Measure of the quality of a company's management of social issues | Exposure: Measure of the relevance of social issues for a company | Score: Measure of the quality of a company's management of governance issues | Exposure: Measure of the relevance of governance issues for a company | |
| Biodiversity Climate change Pollution and resources Supply chain Water security |
Customer responsibility Health and safety Human rights and community Labour standards Supply chain |
Anti-corruption Corporate governance Risk management Tax transparency |
14 themes | |||
| Score: Measure of the quality of a company's management of issues related to each theme | Exposure: Measure of the relevance for a company of each theme | Score: Measure of the quality of a company's management of issues related to each theme | Exposure: Measure of the relevance of social issues for a company | Score: Measure of the quality of a company's management of issues related to each theme | Exposure: Measure of the relevance of social issues for a company | |
| Over 300 indicators in the model with each theme containing 10 to 35 indicators An average of 125 indicators are applied per company |
300+ indicators | |||||
How can I complain?
If you want to make a complaint about the product or Family Investment Management Limited, please contact us and we will do what we can to resolve your complaint as quickly as possible. When we first write to you, we will send you a summary of the procedures that we will follow when resolving your complaint.
You can also find these procedures on our website, or you can contact us to request a copy at any time.
To contact us call us on 0344 8 920 920* or write to us at:
OneFamily,
16-17 West Street,
Brighton BN1 2RL
You can also visit onefamily.com/complaints.
If you are not satisfied with our response to your complaint, you may be able to refer it to the Financial Ombudsman Service. Making a complaint won’t affect your legal rights.
Other relevant information
You can find more information about the fund in the Fund Factsheet, Key Information Document and Prospectus which are all available here - onefamily.com/help/fund-information/.
This document is reviewed every 12 months.
*Call centre is open Monday to Friday 9am – 7pm, and on Saturdays 9am – 1pm, UK time. Calls may be recorded and monitored for training purposes. Please note, OneFamily can't give financial advice.