Trojan Ethical Fund (Ireland)

The Fund seeks to achieve growth in capital, ahead of inflation (UK Retail Prices Index), over the longer term (5 to 7 years).

The Fund employs a long-term, long only approach and has the flexibility to invest across a broad range of asset classes, most commonly a combination of high quality developed market equities, developed market government bonds, gold and cash.

The fund will invest in accordance with the parameters of Troy's ethical exclusion criteria, which consider ethical issues in relation to: fossil fuels, pornography, tobacco and certain types of armaments. A document setting out Troy's ethical exclusion criteria is available here.

In addition to the GBP X share class referred to on this page, other currency share classes are available. Please contact us for more information.

'X' Share Class Price 20/05/2022
Accumulation Shares
Income Shares
Fund Size
£8m (30/04/22)

Past performance is not a guide to future performance.

Top 10 holdings (excluding government bonds) Fund %
Invesco Physical Gold 8.6
Microsoft 5.2
Alphabet 4.4
Visa 4.4
WisdomTree Physical Gold 3.3
Medtronic 3.0
American Express 2.7
Unilever 2.4
Nestlé 2.3
Mastercard 2.2
Total Top 10 38.6
6 Other Equity holdings 8.9
Index Linked Bonds 35.3
UK T-Bills 15.4
Cash 1.8
Total 100.0


Past performance is not necessarily a guide to future performance. The value of a fund and any income from it may go down as well as up and investors may get back less than they invested. Changes in rates of exchange may cause the value of investments to go up or down. Returns may increase or decrease as a result of currency fluctuations​. This data is provided for information only and should not be reproduced, published or disseminated in any manner. Although Troy considers the data to be reliable, no warranty is given as to its accuracy or completeness. Any comparisons against indices are for illustrative purposes only.

In line with the Fund’s prospectus, the Fund is authorised to invest in transferable securities and money market instruments issued or guaranteed by an EEA state, one or more local authorities, a third country, or a public international body to which one or more EEA states belong.  The Investment Manager would only consider investing more than 35% of the Fund’s assets in UK or US government issued transferable securities or approved money market instruments.

How to Invest

You may invest directly, via a broker or adviser, or through a number of online fund platforms.

How to Invest