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Fund Name(s):
  • FP Foresight UK Infrastructure Income Fund
Fund Name SRI Style Product Region Asset Type Launch Date

FP Foresight UK Infrastructure Income Fund		 Environmentally Focused OEIC/Unit Trust UK Infrastructure 04/12/2017

As at: 31/10/23

Overview

Requested update from fund manager (July 2023) - Fund last updated January 2021

 

Though the UK Infrastructure Income Fund does not have a specific ESG mandate, the company primarily invests into holdings which own and operate core infrastructure and renewable energy assets. In line with Foresight Group's commitment to sustainable investing, the Fund Managers will make a qualitative assessment on the ESG credentials of investee companies and their place in the Fund's portfolio.

 

Note: AUM figure: Foresight’s three OEICs have a total AUM of £1bn

 

Filters

Fund information

Sustainability

Sustainability policy

Limits exposure to carbon intensive industries

Resource efficiency policy or theme

Sustainable transport policy or theme

Favours cleaner, greener companies

Sustainability focus

Encourage more sustainable practices through stewardship

Nature & Biodiversity

Unsustainable / illegal deforestation exclusion policy

Avoids genetically modified seeds/crop production

Climate Change & Energy

Climate change / greenhouse gas emissions policy

Invests in clean energy / renewables

Clean / renewable energy theme or focus

Arctic drilling exclusion

Energy efficiency theme

Encourage transition to low carbon through stewardship activity

Targeted Positive Investments

Invests >25% of fund in environmental/social solutions companies

Invests >50% of fund in environmental/social solutions companies

Human Rights

Responsible supply chain policy or theme

Meeting Peoples' Basic Needs

Demographic / ageing population theme

Invests > 5% in social housing

Ethical Values Led Exclusions

Gilts / government bonds - exclude all

Gilts / government bonds - exclude some

Animal testing - excluded except if for medical purposes

Governance & Management

Encourage higher ESG standards through stewardship activity

Fund Governance

Employ external (fund) oversight or advisory committee

External (fund) committee has veto powers

Asset Size & Metrics

Over 50% small / mid cap companies

How The Fund Works

Limited / few ethical exclusions*

Impact Methodologies

Positive environmental impact theme

Positive social impact theme

Intended Clients & Product Options

Available via an ISA (OEIC only)

Fund management company information

About The Business

Responsible ownership policy for non SRI funds (AFM company wide)

Diversity, equality & inclusion engagement policy (AFM company wide)

Sustainable property strategy (AFM company wide)

Boutique / specialist fund management company

Resources

ESG specialists on all investment desks (AFM company wide)

Collaborations & Affiliations

PRI signatory

Company Wide Exclusions

Review(ing)carbon / fossil fuel exposure for all funds (AFM company wide)

Transparency

Full SRI policy information available on request

Policy

ESG considerations are embedded into the decision-making processes of every potential investee company. During the qualitative stage of analysis ESG is an important factor in the investment process. It is during this stage that the fund managers will assess the companies through company reports, third-party reports, in-person meetings and the use of industry expertise and knowledge to assess whether the security in question meets the ESG threshold of the fund. 

 

 

Process

ESG considerations are embedded into the decision-making processes of every potential investee company. During the qualitative stage of analysis ESG is an important factor in the investment process. It is during this stage that the fund managers will assess the companies through company reports, third-party reports, in-person meetings and the use of industry expertise and knowledge to assess whether the security in question meets the ESG threshold of the fund. 

Though the UK Infrastructure Income Fund does not have a specific ESG mandate, the company primarily invests into holdings which own and operate core infrastructure and renewable energy assets. In line with Foresight Group's commitment to sustainable investing, the Fund Managers will make a qualitative assessment on the ESG credentials of investee companies and their place in the Fund's portfolio.

 

Resources, Affiliations & Corporate Strategies

In July 2013, Foresight Group became a signatory to the United Nations Principles for Responsible Investing and has committed to incorporating the following principles into our investment process:

 

  • Principle 1: We will incorporate ESG issues into investment analysis and decision-making processes
  • Principle 2: We will be active owners and incorporate ESG issues into our ownership policies and practices
  • Principle 3: We will seek appropriate disclosure on ESG issues by the entities in which we invest
  • Principle 4: We will promote acceptance and implementation of the Principles within the investment industry
  • Principle 5: We will work together to enhance our effectiveness in implementing the Principles
  • Principle 6: We will each report on our activities and progress towards implementing the Principles

 

Literature

Last amended: 09/04/24 10:52

Important information

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05/06/2024