Union Bancaire Privée (UBP) has joined The Big Exchange as a founding member.
The Big Exchange is a mission-led, mobile-first financial services proposition, which will open investing and saving to everyone. From launch, The Big Exchange will offer funds to retail investors, charging amongst the lowest possible rates in the market, while investing in businesses that have a positive impact on society and the planet.
UBP has joined forces with a group of major fund houses to support The Big Exchange, co-founded by The Big Issue. The UBAM - Positive Impact Equity fund will be available on The Big Exchange when it launches and other UBP sustainable funds will join in due course.
The Positive Impact Equity fund offers investors exposure to a focussed portfolio of listed equities aligned to the UN's Sustainable Development Goals, including companies with revenue streams which address the world's most pressing environmental and societal challenges.
The Big Exchange will charge a fee of 25 basis points, or £0.25 for every £100 invested, for accessing these funds, excluding management fees.