Best ISA for Green Investment Funds

alfvenwave

Hi. I'm completely new to the world of ISA investment and am looking for advice. I'd like to invest in companies with a focus on Net Zero, green economy, so things like EVs, batteries etc. When selecting a suitable ISA provider, most seem to give very little information on which Funds are available to selectfrom. I can see for example that Hargreaves Landsdowne allows you to search and find funds, but many others don't appear to offer such a facility. I don't really want to sign up to an ISA only to discover the Funds I'm interested in aren't available. Are there any ISAs that specialise in the green economy, or does anyone have any advice on a good one for a newbie? Thanks......

Albermarle

Normally you should be able to see all funds available, without signing up.
So called 'Whole of market ' investment platforms ( like HL ) have thousands of choices and in there will be some green funds .
Some are Light green in that they just avoid tobacco, arms etc , Others are more Dark Green but are inevitably more expensive.
One ISA provider at least , only offers green/ethical investments.
Ethical ISAs (triodos.co.uk)

alfvenwave

Thanks Albermarie - great pointers.

dunstonh

Best ISA for Green Investment Funds

Pretty much all whole of market platforms meet that requirement.  Being whole of market means they will have funds you are looking for.  You do not need a company that markets itself specifically as an ethical provider.

I can see for example that Hargreaves Landsdowne allows you to search and find funds, but many others don't appear to offer such a facility.

HL is a whole of market platform.   Maybe the others you are looking at are not.

Are there any ISAs that specialise in the green economy, or does anyone have any advice on a good one for a newbie?

Be wary of limited options.  With ESG investing, when you build a portfolio, you will include funds that specifically fit your ESG requirements.  However, some areas in your portfolio wont have ethical options. They will be considered neutral.   Especially in the lower-risk areas.  A  whole of market platform has no issue with that but a green only provider may not carry neutral options and that could handicap you.

Also, a lot of the ESG funds are specialist or niche. Pictet funds for example.  A limited fund choice could see those missing and force you to compromise.  So, you should decide how you want to invest first and then pick the platform/provider that meets your investment choice.  Not the other way around.  Going whole of market avoids that issue though.