Holly Mckay
Holly MackayFounder and CEO
Avatar

Subscribe Now

Free of Charge

Avatar
    • Home • Advice • Common questions

    Can you tell me if there are any 'ready-made' portfolios on the market which prioritise ESG?

    30 January 2023

    Question by Hannah

    I am becoming exhausted, nervous and lacking confidence managing my own portfolio, which has grown over time! I'm considering delegating to a local IFA but would prefer not to pay their management and associated fees if possible - even though I realise that the costs of my existing platform (HL!) work out more. The IFA informally suggested that a ready-made, diversified, risk-matched portfolio with Vanguard (Lifestyle) would be a way to proceed. However, ESG, and in particular, environmentally responsible proactive investments are important to me. Vanguard's ready made offerings include all kinds of 'nasties' so I'm reluctant.

    Can you tell me, please, if there are any 'ready-made', risk-matched (mine may be 80:20?) portfolios on the market which prioritise ESG?

    Thank you,
    Hannah

    Answered by Boring Money

    Hi Hannah

    It's good to hear your portfolio has grown, but I can understand that this doesn't take worry away and can quite often add to it!

    Based on what you've said, I'd suggest you need to decide whether or not taking advice from a financial planner/IFA is what you want to do.
    The DIY and advised approaches can see you end up in different places further down the line when considering your financial planning as a whole, as opposed to when just considering the investment portfolio, which is just one part of your overall planning.

    I am biased as a financial planner and know the good work planners can do. Part of this is recommending a suitable investment portfolio, however I would say that some have more expertise than others when it comes to the different ethical/green/sustainable/impact investment options.
    There is a wide array of choice out there, so one who understands this and can help you discern what is the right approach for you is likely to invaluable, given that you say this approach is important to you.

    Naturally fees are important, but so is peace of mind. If you can trust that you have found someone who can take good care of your portfolio, by investing it in a way you understand and leaves you happy with the approach and costs involved, then this sounds like where you want to be.
    A good financial planner should also be able to advise you on your wider financial planning, without additional cost, which as well as portfolio advice, you won't be getting through HL currently.

    Good luck with whatever you decide to do, but if you'd like to discuss this further, I'd be happy to do so.

    All the best

    Jamie

    Answered by

    Boring Money

    Here to help you understand your options and make smart money choices.

    Join Boring Money today!

    Do you want down-to-earth investing tips, jargon-free guides, bite-sized courses, and more? Join Boring Money for free to start making better choices with your money today!

    Already have an account? Login

    Important stuffHolly and the team have worked in the finance industry for many years but we are not regulated to give you personal financial advice. For every story on this website about a good investment, or something which went up by 10% or made someone £200, we could also share a story about a bad investment, something which fell in value or lost someone £200. We aim to provide general information and pointers – and btw we are totally agnostic about which providers you might pick – but if you have complex affairs, want personalised advice or need specific recommendations, please look at advice pages and see if regulated digital or traditional financial advice would be the best solution for your needs. Boring Money Ltd is a limited company registered in England and Wales under registration number 09459832 and we have our registered office at 10 Lower Thames Street, London, England, EC3R 6AF.
    Risk warningAs is always the case with investing, your capital is at risk. The value of your portfolio can go down as well as up and you may get back less than you invest. Tax treatment depends on your individual circumstances and may change in the future.
    Boring Money Ltd is a limited company registered in England and Wales under registration number 09459832 and we have our registered office at 10 Lower Thames Street, London, England, EC3R 6AF.
    |

    We use cookies

    You will see cookie information on different websites and regulation means that we need to ask your permission to use them. We use cookies to improve our website, for analysis of our visitor data, to show personalised content and to give you a great website experience. For more information about the cookies we use open the settings.