Sustainable, Responsible &/or ESG Policy:

Objectives & Investment Policy

The Fund aims to provide a return on your investment (net of fees) over a period of 5 or more consecutive years beginning at the point of investment, generated through an increase to the value of the assets held by the Fund and/or income received from those assets whilst adhering to the Fund’s ethical investment policy (the “Ethical Investment Policy").

The Fund has a flexible approach to asset allocation and will seek to achieve its investment objective through a variety of asset classes. The Fund will invest either directly or indirectly on a global basis in equity securities (e.g. shares), equity-related (ER) securities (i.e. other investments whose value is related to equities), fixed income (FI) securities (e.g. bonds), FI-related securities (i.e. other investments whose value is related to fixed-income securities), money market instruments (MMIs) (e.g. debt instruments with short-term maturities), deposits, cash and near cash, property, commodities (such as precious metals and agricultural produce), other funds (including exchange traded funds) and other permitted alternative assets.

The Fund is actively managed and the above-mentioned asset classes and the extent to which the Fund is invested in these may vary without limitation depending on market conditions and other factors at the Investment Manager’s (IM) discretion in accordance with the Fund’s investment policy. In selecting these, the IM will seek to exclude direct investments in companies or issuers which derive more than a specific proportion of their turnover from certain products and services including, alcohol, controversial armaments (such as cluster munitions) and military related activities, gambling, pornography, tobacco, companies engaged in certain environmentally damaging activities and high-interest lending and services contrary to the Sanctity of Life (as defined by MSCI) in accordance with the Fund’s Ethical Investment Policy. In order to seek to comply with the investment policy, the IM will use MSCI Inc., or such other service provider deemed appropriate from time to time.

The FI securities and MMIs may be issued by governments, government agencies, companies and supranationals (e.g. the International Bank for Reconstruction and Development) globally and may include investments with a relatively low credit rating or, in the case of FI securities and MMIs issued by companies, investments which are unrated. The investment manager (IM) may use derivatives (i.e. investments the prices of which are based on one or more underlying assets) for investment purposes in order to seek to achieve the Fund’s investment objective and for efficient portfolio management purposes in order to reduce risk within the Fund, reduce investment costs, or to generate additional income for the Fund. Further investments may be used (including derivatives) to protect the value of the Fund, in whole or in part, from changes in currency exchange rates against its base currency.

(Source: KIID, as at January 2025)

 

 

SDR Labelling:

Unlabelled with sustainable characteristics

SDR Literature:

• Consumer Facing Disclosure