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Fund Name(s):
  • Menhaden Resource Efficiency Fund
Fund Name SRI Style Product Region Asset Type Launch Date
Menhaden Resource Efficiency Fund Sustainability Tilt Investment Trust Global Equity 31/07/2015

As at: 30/11/-1

Overview

No response when requested information from fund manager (March 2023)

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Fund information

Policy

Menhaden Resource Efficiency PLC is a public limited company whose shares are premium listed on the London Stock Exchange ('LSE') and is registered with HMRC as an investment trust.

The Company aims to generate long-term shareholder returns, predominantly in the form of capital growth, by investing in businesses and opportunities that are demonstrably delivering or benefiting significantly from the efficient use of energy and resources irrespective of their size, location or stage of development. The Company seeks to achieve its investment objective through the construction of a conviction-driven portfolio consisting primarily of direct listed and unlisted holdings across asset classes and geographies.

The Company does not have a fixed life although shareholders consider and vote on the continuation of the Company every five years. The next such vote will be held in 2025. The intended retail investors are those with a long-term (at least five years) investment horizon, the ability to bear capital losses and at least basic market knowledge and experience.

The Company currently deploys leverage using currency forwards. These are designed to partially protect the Company from unfavourable movements in foreign exchange rates by reducing exposure to foreign currencies. The Company may also, but does not currently, borrow to purchase investments.

(Source: KIID, as at Janaury 2024)

Process

Resources, Affiliations & Corporate Strategies

Literature

Last amended: 21/01/24 06:44

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05/05/2024