Contact

Tel: 01254 222 700

Email: info@redroseassurance.co.uk

More Details

Mon-Fri 9:00-16:30

01254 222 700

info@redroseassurance.co.uk

Sustainable Investment (ESG ISA)

Apply Enquiries Valuations

Sustainable Investment (ESG ISA)

We believe in offering a sustainable product that invests in companies striving to have a positive impact on the world.

The fund prioritises its investments towards companies that show good practice in 3 areas – Environmental, Social and Governance. Because of the size of the funds under management, this is a positive way to influence companies to improve their ESG behaviours. It invests in equities, mainly large companies in a variety of countries and sectors, including Communications and Technology, Consumer, Industrials, Financial Services and Commodities.

Fund Unit Price Since Launch

The following graph shows the unit price of the ESG ISA since launch in December 2020.

Click To Enlarge

Please note: This is a risk investment. Past performance is no guide to future returns. You could get back less than you invested.

ESG ISA Performance Example

Example based on an initial investment of £10,000 on 1st January 2021:

Period	Performance	1 Jan Investment	31 Dec Value
1 Jan 2021 to 31 Dec 2021	+24.8%	£10,000	£12,482
1 Jan 2022 to 31 Dec 2022	-11.8%	£12,482	£10,999
1 Jan 2023 to 31 Dec 2023	+16.5%	£10,999	£12,815

Please note: This is a risk investment. Past performance is no guide to future returns. You could get back less than you invested.

How does it work?

Each firm is given an ESG score, based on the following factors:

Environmental

issues relating to our planet, such as climate change, carbon footprint, deforestation, resource usage and recycling.
Social

focuses on companies having the right culture including treating all workers fairly regardless of gender, race, ethnicity, sexual orientation etc.
Governance

involves ensuring that companies are run properly, balancing the needs of shareholders, all employees, customers and the local community.

Useful Videos
What is an ESG Investment?
Explaining Corporate Governance

It does not invest in companies whose only activity is coal mining, manufacturers of controversial weapons, or perennial offenders of the UN Global Compact.

Main Product Features

Flexible

There is no fixed term of years and you can make withdrawals at any time

There is no set premium – you can pay in regularly by direct debit or invest lump sums at any time up to the annual ISA limit.

You can transfer ISAs from other providers to an ESG with RedRose
Tax free

Our ESG ISA gives a tax-free return when you cash in, transfer to another provider, or on your death
How do the charges work on your ISA?

There are no fees when you pay money in, transfer, or withdraw money, or close the ISA. The only fee is a 1.5% annual amount.

This is taken out in small amounts each week when the ISA Fund value is calculated. We take approximately 1/52 of 1.5%, so that over the year, we will deduct a total of 1.5%. The actual amount taken each week will depend upon your ISA value each week.

As an example, if your ISA was worth £1,000 every week throughout the year, your charges would be 28.8p per week. Over the whole year therefore your charges would total £15.

Things to consider

You will find more information about the ISA in the Key Information Documents and Key Features Document.

This is a medium to long term investment (5 years or more) and although it is flexible so that you can withdraw some or all of the money at any time.

This is a risk investment –The value of your ESG ISA can go down in value as well as up. You could get back less than you invested.

It is a flexible investment and could possibly outperform a Cash ISA over the longer term.

Inflation will have an effect on the future purchasing value of your investment
You can invest in our ESG ISA in addition to your Cash ISA each year as long as you don’t exceed the annual ISA limit set by the government (£20,000 in the current tax year).

HMRC could change the tax status of ISAs in the future.

Next Steps
Enquiries Apply Valuations
File Downloads

Sustainable Investment (ESG ISA)

Apply Enquiries Valuations

Product Comparison Table

Product	Tax Exempt Savings Plan	ISAs	Investment Bond
Min prem	£10	£25 pm or £500 initial	£500
Max Prem	£25 (a taxable version is available if a higher premium is required)	£20,000 for the current tax year	Unlimited
Min age at outset	17	18	Birth
Max age at outset	74	None	90
Min term (years)	10	None but should be considered a medium to long term plan (5 years or more)	None but should be considered a medium to long term plan (5 years or more)
Max term (years)	30 (but must mature before 85th birthday)	Unlimited	Unlimited
Fixed term	Yes	No	No
Flexible contributions	No	Yes can add lump sums, amend or stop regular payments and start again later	No
Life cover	Sum assured plus all bonuses added to date of death	101% of the ISA value at date of death	101% of the Bond value at date of death
Transferable	No	Yes can be transferred from or to another provider	No