Aviva Investors Global Climate Aware Equity Fund 1

ISIN

GB00BLNQ1861

Asset class

Equity

NAV

165.66 GBX (as at 02/04/2026)

View all funds

Fund overview

Objective: The Fund aims to grow your investment and provide an average annual net return greater than the MSCI® All Country World Index (the “Index”) over a rolling 5 year period by investing in shares of global companies responding to climate change by: providing solutions to mitigate climate change or help communities adapt to the adverse impacts of climate change; or orientating their business models to a lower carbon economy.

Core investment: At least 90% of the Fund will be invested in shares of Global Companies responding to climate change which meet the Investment Manager’s eligibility criteria as described below. “Global Companies” means companies in any country across the globe, including in emerging markets.

Strategy: The Fund is actively managed. The Investment Manager believes that the risks associated with climate change are currently underappreciated, and therefore companies that effectively manage their impact on climate, and respond to these challenges, are better positioned to thrive in this evolving landscape, presenting an opportunity to deliver sustainable value over the long term. Further information on this strategy and on the additional eligibility criteria applied by the Fund is set out below.

Further details can be found in the Prospectus.

For more details on the Fund specific risks, click here.

Share class currency
GBP
Return type (Inc / Acc)
Accumulation
Share class
1
Minimum Investment
GBP 1,000
Fund size (as at 02/04/2026)
GBP 764.61m
Share class inception date
08/06/2020
Fund launch date
08/06/2020
Performance benchmark
MSCI ACWI NR GBP
Fund volatility
13.99
Benchmark volatility
12.60
SFDR
-
IA Sector
Global
Distribution dates
16/10/2025
Income distribution frequency
Annually
Latest dividend
0.01

Historic yield

The historic yield reflects distributions declared over the past 12 months as a percentage of the share / unit price, on the date shown. This does not include entry charges and investors may be subject to further tax on their distributions.

0.39%

Underlying yield

This reflects the annualised income net of expenses of the fund as a percentage of the share price of the fund on the date shown. It does not include the deduction of entry charges and is the gross return before tax on distributions.

-

Distribution yield

This reflects the amount that is expected to be distributed over the next 12 months as a percentage of the share price of the fund on the date shown. It does not include the deduction of entry charges and is the gross return before tax on distributions. You may be subject to further tax on your distributions. The yield is not guaranteed.

-
Fund income (gross of charges and taxes)*
-
Benchmark Income (gross of charges and taxes)*
-
Trading currency
GBX
NAV (as at 02/04/2026)
165.66
Daily change
-0.09%
12 Months NAV high (as at 31/10/2025)
179.55
12 Months NAV low (as at 07/04/2025)
138.79
Valuation frequency
Daily
ISIN
GB00BLNQ1861
SEDOL
BLNQ186
MEXID
AVAABB
Bloomberg
AVTGE1G LN

Cumulative performance

Source: Morningstar

Past performance is not a guide to future performance
Performance basis: Month end returns, Mid to mid, net income reinvested, net of ongoing charges and fees, in the share class currency and net of tax payable by the fund. The figures do not include the effect of any exit or entry charge.

The Fund's performance is measured against the MSCI® All Country World Index.

The Fund was previously called Aviva Investors Climate Transition Global Equity Fund up until 7th March 2025.

Fund commentary

Summary review (as at February 2026)

Global equity markets continued their impressive start to the year in February, encouraged by strong earnings momentum and renewed hopes of interest-rate cuts. While market performance in the US was subdued, the UK, continental Europe, Japan and emerging markets made large gains.

Fees and expenses

Fees %

Entry charge Entry charge

Entry charge

A one-off charge may be taken from your money before it is invested. The charge is usually a percentage of the amount invested and is additional to the price paid for the units/shares. The entry charge is deducted from the investment before units/shares are bought and is also known as the “initial charge”.

 0.00

Exit charge Exit charge

Exit charge

A one-off charge levied on redemption of units/shares before the proceeds of your investment are paid out. This is also known as a “redemption charge”.

 0.00

Ongoing charges Ongoing charges

Ongoing charges

The ongoing charge figure represents the costs you can expect to pay annually based on last year's expenses. The ongoing charges figure is made up of various elements such as the fund management fee, professional fees, audit fees and custody fees. Performance fees (if payable) are not included in this figure.

 0.99

Fund Management fee (included in Ongoing charge) Fund Management fee

Fund Management fee

The management fee is fixed rate charge to cover the costs of managing the investments of the fund. It accrues daily on a percentage of the fund's net asset value and deducted from the fund's assets.

 0.99

Performance fee Performance fee

Performance fee

The percentage of any outperformance of the hurdle rate and/or benchmark that will be taken as a performance fee.

 -

Portfolio

Portfolio stats (as at 28/02/2026)

Aviva Investors - Emerging Markets Bond Fund Iyh GBP Acc Portfolio stats
1 Year 3 Years 5 Years

Alpha

Indicates the excess return provided by the Fund over the benchmark.

 -10.88 -5.79 -4.47

Beta

A measure of the fund volatility in comparison to the market. A beta of less than 1 implies that the fund will be less volatile than the market whilst a beta greater than 1 implies the fund is more volatile than the market. As an example, a fund with a beta of 1.2 would be expected to rise to 1.2 if there was a 1 unit rise of the benchmark, or to fall 1.2 units if there was a 1 unit fall in the benchmark.

 1.14 1.05 0.97

Information ratio

A measure of the manager's ability to generate excess and consistent returns relative to the funds benchmark. The greater the IR, the more consistent a manager is.

 -1.73 -1.11 -0.87

Correlation (%)

Measures the extent to which the Fund and the benchmark move together, a correlation of 1 indicates the Fund matched the benchmark exactly.

 83.18 79.65 76.63

Sharpe ratio

A measure of the fund's risk-adjusted performance. The greater the fund's Sharpe ratio, the better its historical risk-adjusted performance has been. This ratio is best used to compare a number of funds rather than used in isolation for a single fund.

 0.26 0.31 0.22

Annualised volatility (%)

A measure of the funds dispersion of returns. A higher volatility implies that a fund's return is spread over a larger range of values whilst a lower volatility implies that a funds return is spread over a smaller range of values.

 14.25 12.05 12.28

Tracking error (%) *

A measure of how closely the fund follows its benchmark. A passive fund should have a tracking error close to zero, while an actively managed fund would normally have a higher tracking error.

 6.05 5.45 5.93

* The Fund is expected to have an average yearly tracking error of between 2% and 6% when compared to the MSCI All Countries World Index GBP.

Read more about Stock style Stock style (as at 28/02/2026)

The Equity style box classifies holdings into market capitalization on the vertical axis (company size) and investment style on the horizontal axis (growth or value). This graphical representation is determined by attributing an investment style to each underlying holding, which is then summarised here for the overall fund.
A well-diversified fund doesn't necessarily require holdings across all styles, however, exposure across the Style Box does represent greater diversification.
Legend:
Val: Value
Core: Core
Gwt: Growth

Large: Group that accounts for the top 70% of the capitalization of the Morningstar domestic stock universe.
Medium: Group that accounts for the next 20% of the capitalization of the Morningstar domestic stock universe.
Small: Group that accounts for the bottom 10% of the capitalization of the Morningstar domestic stock universe.

Pie chart

Asset Allocation (as at 28/02/2026)

Bar chart

Asset Allocation (as at 28/02/2026)

Aviva Investors - Emerging Markets Bond Fund Iyh GBP Acc Portfolio stats
Name Maturity Country Fund (%)
1 Alphabet Inc Class A - USA 5.88
2 Microsoft Corp - USA 5.84
3 NVIDIA Corp - USA 4.98
4 Apple Inc - USA 3.71
5 JPMorgan Chase & Co - USA 3.70
6 AstraZeneca PLC - GBR 3.44
7 Linde PLC - USA 3.40
8 Visa Inc Class A - USA 3.04
9 Lonza Group Ltd - CHE 2.89
10 Taiwan Semiconductor Manufacturing Co Ltd ADR - TWN 2.85

Risks

Investment risk & currency risk: The value of an investment and any income from it can go down as well as up and can fluctuate in response to changes in currency and exchange rates. Investors may not get back the original amount invested.

Equities risk: Equities can lose value rapidly, can remain at low prices indefinitely, and generally involve higher risks — especially market risk — than bonds or money market instruments. Bankruptcy or other financial restructuring can cause the issuer's equities to lose most or all of their value.

Counterparty risk: The Fund could lose money if an entity with which it does business becomes unwilling or is unable to meet its obligations to the Fund.

Emerging market risk: Investments can be made in emerging markets. These markets may be volatile and carry higher risk than developed markets.

Derivatives risk: Investments can be made in derivatives, which can be complex and highly volatile. Derivatives may not perform as expected, meaning significant losses may be incurred.

Specialist Fund Risk: Certain of the Fund's investments may be more susceptible to foreign government policies, including tax incentives and subsidies, as well as political support for certain environmental initiatives and developments. Under certain market conditions, the Fund may underperform funds that invest in a broader array of shares in global companies, for example, funds that do not provide any screening of companies undertaking fossil fuel activities.

Full information on risks applicable to the Fund are in the Prospectus and the Key Investor Information Document (KIID).

UK Sustainable Investment Label

This product does not have a UK sustainable investment label. This is because – although the fund has sustainability characteristics - it does not meet the criteria for a label. Sustainable investment labels help investors find products that have a specific sustainability goal. They can only be applied to funds with an explicit sustainability objective and that meet other specific regulatory criteria for a UK sustainable investment label.

Ongoing Charges

This Share Class integrates Economies of Scale discounts to the Fund Management Fee (“FMF”) which is a component of the Ongoing Charge Figure. Consequently, when a Fund reaches a certain size (a pre-defined “trigger point”) a discount will automatically apply to the FMF. However, at all other times the FMF will be charged at the rate as set out in the Fund's prospectus. For further details on the Economies of Scale discounts and the trigger points at which they apply, please refer to the Fund's prospectus.

Management

  • Company name

    Aviva Investors UK Fund Services Limited

  • Legal structure

    Open Ended Investment Company

  • Head office

    80 Fenchurch Street,
    London,
    United Kingdom,
    EC3M 4AE

  • Ucits

    Yes

Fund managers

Fund manager

Max Burns

Manager start date

13 Jul 2021

Biography

Max is co-portfolio manager of the Aviva Investors Climate Transition Global Equity Strategy and interim co-portfolio manager for the Aviva Investors Global Equity Endurance Strategy. He is also Head of Equity Research and has analyst coverage within the Industrials sector hub. Max has over 30 years of industry experience. Prior to joining Aviva Investors, Max worked at Sarasin & Partners in London. He has also held positions at Alliance Bernstein and Invesco. At Alliance Bernstein, Max was U.S. Sector Head, responsible for the industrial sleeves of two U.S. equity funds; covering U.S. aerospace & defence, capital goods, air freight, railroads, and lodging. At Invesco, Max was an Equity Analyst, covering U.S. capital goods and a U.S. midcap equity portfolio manager. Max holds a BA from Vanderbilt University and an MBA from Georgia State University.

Registered countries

  • United Kingdom

Documents

Important information

Unless stated otherwise the source for all performance, portfolio and fund breakdown data is Morningstar. This information does not constitute advice or a recommendation. If you are unsure whether an investment is suitable for you, you should contact an authorised financial adviser. Care is taken to ensure that the information provided by Morningstar is correct but it neither warrants, represents nor guarantees the contents of the information, nor does it accept any responsibility for errors, inaccuracies, omissions or any inconsistencies herein.

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