abrdn introduces 'MyFolio Sustainable Index' range

The range of five risk targeted multi-asset fund of funds has been built to be closely aligned with the MyFolio Index range and includes sustainability considerations, according to the firm. Each MyFolio Sustainable Index fund aims to generate growth over the long term (five years or more) while being managed to a defined level of risk. The fund will invest in a manner that seeks to account for long-term environmental and social risks and opportunities and to promote good corporate governance, through investment in other funds. As a fund-of-funds range, the portfolios are comprised of...