Sustainable, Responsible &/or ESG Policy:

Objectives and investment policy

The Fund seeks to grow capital and generate income primarily by investing in worldwide equities -including Emerging countries- with the primary objective of investing behind solution providers to the Biodiversity crisis and incrementally move towards a nature positive portfolio.

The Fund is actively managed and relatively concentrated (45-55 names) with low turn-over.

The Fund may invest its net assets up to:

• 100% in equities with no restriction on the percentage invested in small and mid-capitalization but investment in companies with a market capitalization below USD 200 million or equivalent is limited to 5%
• 20% in warrants on transferable securities, convertible bonds or bonds with warrants on transferable securities, bonds and other debt securities and money market instruments.

The Fund invests primarily in biodiversity "fixers" (companies which through their revenues are reducing biodiversity loss) and value-chain champion companies (companies which are not necessarily traditional impact companies, but have huge supply chains and are taking this responsibility seriously).

100% of the invested companies are positive contributors to the Fund’s biodiversity objectives.

The investment strategy relies on external Environmental, Social and Governance (ESG) ratings, as well as internal analysis.

The construction of the universe is driven by positive inclusion, rather than exclusion. The Investment Manager builds a universe through adherence to the intensity of biodiversity contribution “IMAP” system and positive ESG credentials. The Investment Manager performs a negative screening, based on the exclusion list and ESG profile to filter the investment universe. Impact and ESG credentials are fully integrated into decision making regarding the purchase, sale and position-sizing of underlying holdings. The 'IMAP' score in combination with ESG and financial analysis will determine the size of the positions in the portfolio.

The ESG analysis covers at least 90% of the Fund’s portfolio.

The Fund uses the MSCI AC World Net Return Index (USD) (the "Benchmark") for performance objective. The Benchmark is representative of the investment universe and of the risk profile of the Fund. The Investment Manager has significant discretion to deviate from the Benchmark's constituents in respect to countries, sectors, issuers and instruments, especially in view of the fact that the Benchmark is a standard reference used to frame the Fund’s universe but is not aligned with the environmental and/or social characteristics promoted by the Fund.

 

(Source: KIID, as at February 2025)

 

 

SDR Labelling:

Not eligible to use label