About the fund

The fund aims to provide income with long-term capital growth (defined as any rolling period of five years). The fund invests at least 90% of its assets by value in units of the CCLA Better World Global Equity Fund. While it is envisaged that the fund will normally be fully invested in the CCLA Better World Global Equity Fund, the fund may also hold up to 10% of its assets by value in cash.

Sustainability approach

We believe that the primary role of sustainable investment is to drive positive change and this is best achieved by pushing companies to do more to address the major challenges facing us today. The fund is also managed in line with a faith-consistent investment policy, developed by CCLA, to meet shareholders’ desire to invest in a way that reflects Christian and Anglican teachings and is grounded in the advice produced by the Church of England’s Ethical Investment Advisory Group (EIAG).

We aim to manage our clients’ investments in a way that aligns with their values and to do this we consider environmental, social and governance (ESG) factors in our listed equity investment process and go beyond the boundaries of traditional investor engagement to drive change. The FCA has introduced sustainable investment labels to help investors find products that have a specific sustainability goal. This product does not have a UK sustainable investment label because it does not have a sustainability goal.

Read our summary of SDR, the investment labels and our overall approach. Fund-level information can be found here.

Investment approach

The Better World Global Equity Fund will aim to invest in high-quality companies that can grow returns consistently at valuations that are attractive and we believe should lead to outperformance over the long term.

We look for companies which in our opinion:

• demonstrate an enduring competitive advantage,
• benefit from clear long-term growth trends,
• benefit from superior financial strength, with a strong balance sheet
• are trading at attractive valuations.

The fund will normally have significant allocations to developed markets but may also invest in emerging markets (typical exposure of 5% but may be up to 20%).

Who can invest?

Any church trust with objects connected with the work of the Church of England may normally invest in the fund. This can include parochial church councils, benefices and deaneries, bell ringers and Mothers’ Union. The fund is available to Church of England schools and educational establishments as well as any other Church of England related organisation.

If you are unsure whether you can invest in the fund, please contact Client Services.

Click download all for all the documents listed in this section. Alternatively, you may download individual documents.

Click the icon to download all the documents listed in this section. Alternatively, you may download the individual documents.

We're delighted you've chosen to invest with CCLA. Get the process underway by downloading our application form.

Whether you are a new investor to CCLA or topping up an existing account, please ensure that you read the fund’s scheme information and key information document (KID). The KID can help investors understand the nature, risks, costs, potential gains and losses of the fund, and compare the fund with other products.

Looking for other documents? Click here to visit our client documentation page.