Rathbones Asset Management achieves SDR labels across its four-fund sustainable multi-asset range 

• Rathbones Asset Management funds secure Sustainability Focus label approval, bringing total labelled funds to six
• Robust process and rigorous sustainability framework at heart of regulatory approval  

Rathbones Asset Management has strengthened its sustainable fund offering with the approval of the Sustainability Focus label, under the Sustainability Disclosure Requirements (SDR), for four funds within the Rathbone Greenbank Multi-Asset Portfolio range.  

The funds that will adopt the label are: 

• Rathbone Greenbank Total Return Portfolio
• Rathbone Greenbank Defensive Growth Portfolio
• Rathbone Greenbank Strategic Growth Portfolio
• Rathbone Greenbank Dynamic Growth Portfolio 

This comes after Rathbones Asset Management announced in March that its Rathbone Greenbank Global Sustainability Fund and Rathbone Greenbank Global Sustainable Bond Fund had both adopted the Sustainability Focus label. 

The Financial Conduct Authority (FCA) introduced SDR a year ago following investor concerns over greenwashing, seeking to restore trust and improve transparency in the sustainable investment space.  

All funds approved to use SDR labels are required to meet FCA criteria and publish consumer-facing disclosures on their investment approach. Since the introduction of SDR labels, the overall number of funds marketed as sustainable has fallen significantly, elevating the offer of committed asset managers such as Rathbones Asset Management.  

Tom Carroll, Chief Executive of Rathbones Asset Management, said: “We are proud of the hard work we have done to ensure SDR recognition for our funds, putting us in the leading tier of asset management companies for the number of labelled funds relative to AUM. At a time when it is fashionable to talk down sustainability, we are pleased to be able to demonstrate our long-term commitment to this area of the market.  

“We know from experience that companies with robust governance and strong cultures benefit our clients in the long-term and we are now able to offer clients a suite of labelled funds across multi-asset, equity and fixed income, which means that through Rathbones Asset Management, clients can achieve sustainable exposure across core asset classes. Rathbones has an enviable reputation and longevity in sustainable investment and we continue to value the contribution from across the whole Group, particularly the team at Greenbank, to ensuring a robust sustainability framework which has enabled the successful adoption of these labels.” 

Rathbones Asset Management supports the FCA’s goal of improved transparency and clarity in sustainable investing, particularly to ensure better comparability and retail consumer understanding.  

To support SDR, Rathbones Asset Management has made changes to the portfolios by strengthening the objectives to better define the sustainable objectives of each fund. This has resulted in several changes, with full and detailed information relating to each fund detailed below and in the Appendix*. These changes include amendments to the investment objectives, policies, and sustainable strategies of the Portfolios.  

Currently, the portfolios have a mixed non-financial objective to invest in both i) assets that have sustainability characteristics to a set standard, and ii) assets with the potential to improve their sustainability characteristics to a set standard over time. Given that the portfolios are such that the majority of assets meet this set standard, as part of the changes Rathbones Asset Management will be removing the improver element from the objective.  

All legal and administration costs associated with making these changes will be covered by Rathbones Asset Management. The prospectus will be updated to reflect the use of the labels on August 20.  

-Ends-

For further information, please contact:

Sam Emery/Emma Murphy
Quill PR
​07798 881 770
Rathbones@quillpr.com

Notes to editors: 

*Appendix  – SDR and Investment Labels 

The table below details the additional Sustainability Objective that has been added to each Fund as listed. These objectives add to the existing investment objective of each Fund. 

Fund	Investment Label	Added Sustainability Objective
Rathbone Greenbank Defensive Growth Fund		Promoting positive environmental or social outcomes by investing in assets that benefit stakeholders (as defined in the Impact Frontiers classification system) by contributing to one or more of our themes for a more sustainable world:   Decent  work  Energy  and climate  Habitats and ecosystems  Health and wellbeing  Inclusive  economies  Innovation and infrastructure  Resilient institutions  Resource  efficiency  These assets must meet the Greenbank Standard of Sustainability.
Rathbone Greenbank Dynamic Growth Fund		Promoting positive environmental or social outcomes by investing in assets that benefit stakeholders (as defined in the Impact Frontiers classification system) by contributing to one or more of our themes for a more sustainable world:   Decent  work  Energy  and climate  Habitats and ecosystems  Health and wellbeing  Inclusive  economies  Innovation and infrastructure  Resilient institutions  Resource  efficiency  These assets must meet the Greenbank Standard of Sustainability.
Rathbone Greenbank Strategic Growth Fund		Promoting positive environmental or social outcomes by investing in assets that benefit stakeholders (as defined in the Impact Frontiers classification system) by contributing to one or more of our themes for a more sustainable world:   Decent  work  Energy  and climate  Habitats and ecosystems  Health and wellbeing  Inclusive  economies  Innovation and infrastructure  Resilient institutions  Resource  efficiency  These assets must meet the Greenbank Standard of Sustainability.
Rathbone Greenbank Total Return Fund		Promoting positive environmental or social outcomes by investing in assets that benefit stakeholders (as defined in the Impact Frontiers classification system) by contributing to one or more of our themes for a more sustainable world:   Decent  work  Energy  and climate  Habitats and ecosystems  Health and wellbeing  Inclusive  economies  Innovation and infrastructure  Resilient institutions  Resource  efficiency  These assets must meet the Greenbank Standard of Sustainability.

Below is a list of impacted Funds and share classes: 

Capital at risk. The value of investments and the income from them can go down as well as up and you may not get what you originally invested. Past performance is not a reliable indicator of future performance. The information contained in this release is based on our current understanding of HMRC tax regulations in the UK. Tax treatment depends on your individual circumstances and may be subject to change in the future. This information should not be taken as financial advice or recommendation. The registered address of Rathbones Group Plc is 30 Gresham Street, London EC2V 7QN.

About Rathbones Asset Management: 

Rathbones Asset Management Limited is a wholly owned, London-based subsidiary of Rathbones Group Plc. 

rathbonesam.com

About Rathbones

Rathbones Group Plc (Rathbones), through its subsidiaries, is one of the UK’s leading providers of investment management services for individuals, charities, trustees and professional partners. This includes discretionary investment management, fund management, tax planning, trust and company management, financial advice and banking services. Rathbones manages £104.1 billion of assets (as of 31 March 2025), of which £15.4 billion is managed by Rathbones Asset Management Limited (as of 31 March 2025). Rathbones has over 3,500 people across UK locations and the Channel Islands.