One Day... | Your Money - Your Future

New climate-focused investment fund has launched

Following the news article in December 2021 announcing a new climate-focused fund was due to launch in 2022, the Trustee is pleased to announce that the fund is now available for all members to choose to invest in, using the self-select investment option.

As an employer, one of Babcock’s key strategic aims is a pledge to reduce carbon emissions across its own estate, assets and operations to net zero by 2040. While the investment choices in the Scheme are selected by the Trustee, this new fund gives members and employees an opportunity to align their retirement savings with their personal beliefs.

The new fund is called the Aviva (Pension) Climate-focused fund:

Fund Name	Description	Annual Management Fee	Volatility
Aviva (Pension) Climate-focused fund	The fund aims to provide exposure to a mixture of actively-managed equities across companies that provide effective products and services that help reverse ecological damage, benefit from long-term sustainability-linked trends and the resultant increases in resource demand. The fund will focus on those companies who are committed to protecting the environment.	1.13%	Medium to High

The fund is a blended fund, comprising a 50/50 split between two climate-focused funds (although the Trustee has the flexibility to change this in future):

Pictet Global Environmental Opportunities Fund
Impax Environmental Leaders Fund

You can find more information about the Aviva (Pension) Climate-focused fund in the Investments section and the Document library.

You can invest in this fund by accessing your personal account. If you have any issues accessing your personal account you can contact Aviva by telephone 0345 404 6539. Alternatively, you can change your investment choices by contacting Aviva.

You can also download the MyWorkplace app available through the App store or Google Play, to access your personal account. It’s quick and easy to access and allows you to view your personal account at anytime, anywhere.

If you are currently invested in one of the lifestyle funds and wish to invest in the Aviva (Pension) Climate-focused fund or any of the other self-select funds, you must fully invest in self-select investment funds. You cannot invest part of your pension in a self-select fund and the rest in a lifestyle fund. You can check your investment choices by accessing your personal account.

Please remember, the Trustee cannot provide you with financial advice and strongly recommends that you seek independent financial advice and read the information provided on oneday… before making any investment decisions.

Finally, if you have not already done so, the Trustee encourages you to register on oneday…. By registering, it allows the Trustee to keep you up to date with the Scheme news and support you throughout your membership via email communication. If you need any support registering on oneday…, please email the oneday helpdesk at oneday@babcockinternational.com