| Asset Group | Asset Sub-Group | Investment Category |
| Alternatives | Specialist | Adventurous |
Why we recommend itFocus on life sciences: Syncona is focused on founding, building and funding companies in innovative areas of science and is an established leader in cell and gene therapies. Experienced and well-resourced investment team: Syncona is managed by a team with deep scientific and commercial expertise. Ethical criteriaii ACE ethical style: Embraces. This means the investment trust adopts a targeted or proactive approach to ethical investing, in an effort to make a positive impact and/or environmental outcomes. Fund EcoMarket category: Social Themed. These funds typically focus on ‘people issues’ (such as employment and basic necessities of life). Social themed fund managers focus significantly on societal benefits when analysing companies for investment. How the investment trust is managed: The company is focused on investing in and building global leaders in life science. Its vision is to “deliver transformational treatments to patients in truly innovative areas of healthcare while generating superior returns for shareholders”. The risksPortfolio concentration: As companies go through various stages of clinical trials to product approval, the managers investment horizon is very long term and relies on building a high-conviction portfolio of 15 -20 high growth companies diversified across therapeutic areas and the development cycle. Unquoted holdings: The portfolio is invested mainly in unquoted companies with significant exposure to three public holdings, the returns are likely to be volatile and substantially deviate from market indices. Net asset value: Shares of the investment trust may trade at a significant discount or a premium to net asset value for a variety of reasons, including the valuation of unlisted companies and market conditions. On a sale you could realise less than the net asset value. Currency: Because some of the investee companies are subsequently listed on overseas exchanges, performance may be significantly affected by changes in exchange rates. | ||
| Information and data compiled 31 October 2021. | ||
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Risk warnings
The information we provide in the ACE investments list does not constitute a "personal recommendation". You should ensure that any investment decisions you make are suitable for your personal circumstances and that the ethical style of the investment reflects your personal beliefs.
Past performance of the underlying constituents is not a guarantee of future performance. Remember, the value of investments, and any income from them, can fall as well as rise so you could get back less than you invest.
Annual performance can be found on the factsheet of each fund, trust or ETF. Simply click on the asset’s name and then the performance tab.
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