New Fund Name: OMR AXA Global Sustainable Managed Fund
New Investment Objective: The aim of this Fund is to:
(i) provide long-term capital growth over a period of 5 years or more.
(ii) contribute to the global transition to net zero by investing in shares in companies which demonstrate a clear and credible commitment to achieving net zero carbon emissions by 2050 or are decreasing their carbon emissions intensity to achieve net zero emissions by 2050.
The fund invests: between 70 – 85% of its Net Asset Value in shares of listed companies of any size and based anywhere in the world (including emerging markets), which the Manager believes will provide above-average returns, relative to their industry peers and at least 70% of its Gross Asset Value in companies which are categorised by the Manager as either Committed to Align, Aligning or Aligned to a net zero carbon economy; and between 15 – 30% of its Net Asset Value in bonds issued by developed markets, governments and cash.
This fund invests in the underlying retail fund in order to track its performance, this means that fund performance may differ to the underlying fund.
New Fund Name: OMR AXA UK Sustainable Equity Fund
New Investment Objective: The aim of this Fund is to:
(i) provide long-term capital growth over a period of 5 years or more.
(ii) contribute to the global transition to net zero by investing in shares in companies which demonstrate a clear and credible commitment to achieving net zero carbon emissions by 2050 or are decreasing their carbon emissions intensity to achieve net zero emissions by 2050.
The Fund invests:
• at least 70% of its Net Asset Value in shares of companies domiciled, incorporated or having significant business in the UK which the Manager believes will provide above-average returns, relative to their industry peers; and at least 70% of its Gross Asset Value in companies which are categorised by the Manager as either Committed to Align, Aligning or Aligned to a net zero carbon economy.
• at least 80% of its Net Asset Value in shares in large and medium-sized companies.
This fund invests in the underlying retail fund in order to track its performance, this means that fund performance may differ to the underlying fund.
New Investment Objective:
The Fund’s investment objective is to grow the value of your investment and provide income over the long term (at least 5 years), after allowing for fees.
The Fund has an impact sustainability objective to invest in and engage with companies whose products and/or services address the environmental challenge of climate change through decarbonisation (reducing greenhouse gas emissions to reduce global warming) to grow the provision of such products and/or services over at least 5 years. The Fund invests at least 70% (and typically substantially more) of its assets in the shares of companies around the world that meet its sustainability objective, specifically companies whose products and/or services avoid carbon, relative to their industry peers. These companies are typically committed to renewable energy, resource efficiency and/or electrification (the process of powering by electricity by switching from other power sources). The Fund may also invest in other transferable securities and up to 10% in units or shares in other funds (which may be managed by a Ninety One group company, or a third party), to which the Investment Manager’s Sustainability Approach is applied.
New Investment Objective:
The Fund’s investment objective is to grow the value of your investment and provide income over the long term (at least 5 years), after allowing for fees.
The Fund has an impact sustainability objective to invest in and engage with companies whose products and/or services address the environmental challenge of climate change through decarbonisation (reducing greenhouse gas emissions to reduce global warming) to grow the provision of such products and/or services over at least 5 years. The Fund invests at least 70% (and typically substantially more) of its assets in the shares of companies around the world that meet its sustainability objective, specifically companies whose products and/or services avoid carbon, relative to their industry peers. These companies are typically committed to renewable energy, resource efficiency and/or electrification (the process of powering by electricity by switching from other power sources). The Fund may also invest in other transferable securities and up to 10% in units or shares in other funds (which may be managed by a Ninety One group company, or a third party), to which the Investment Manager’s Sustainability Approach is applied.
New Investment Objective:
The Fund’s investment objective is to grow the value of your investment and provide income over the long term (at least 5 years), after allowing for fees.
The Fund has an impact sustainability objective to invest in and engage with companies whose products and/or services address the environmental challenge of climate change through decarbonisation (reducing greenhouse gas emissions to reduce global warming) to grow the provision of such products and/or services over at least 5 years. The Fund invests at least 70% (and typically substantially more) of its assets in the shares of companies around the world that meet its sustainability objective, specifically companies whose products and/or services avoid carbon, relative to their industry peers. These companies are typically committed to renewable energy, resource efficiency and/or electrification (the process of powering by electricity by switching from other power sources). The Fund may also invest in other transferable securities and up to 10% in units or shares in other funds (which may be managed by a Ninety One group company, or a third party), to which the Investment Manager’s Sustainability Approach is applied.
This fund invests in the underlying retail fund in order to track its performance, this means that fund performance may differ to the underlying fund.
New Investment Objective:
The objective of the Fund is to provide capital growth and income and outperform the MSCI All Countries World Index, net of charges, over rolling five-year periods.
The Fund invests at least 90% of the value of its property in shares of companies located in developed and emerging markets anywhere in the world. Investment may be direct or indirect (e.g. through collective investment schemes), however the ACD expects that the Fund will typically hold investments directly. Investment will not be confined to any particular geographic or economic sector. The Fund may invest in companies of any size, including smaller companies. The Fund will be concentrated in terms of the number of investments it holds (i.e. have less than 50holdings).
The Fund may also invest in collective investment schemes, warrants, money market instruments, deposits, cash and near cash.
This fund invests in the underlying retail fund in order to track its performance, this means that fund performance may differ to the underlying fund.
Aegon Asset Management are making changes to the investment policy of their fund to comply with new regulations due on 02 December 2024. They are changing the investment policy wording to include some additional description regarding the ethical criteria of the Fund, including details on how the ACD assesses the sustainability of potential investments for the Fund on an ongoing basis along with metrics that may be useful to an investor in understanding the investment policy of the Fund. The investment strategies and the investment objective of the fund are not changing.
The Fund will invest at least 80% in equities of companies which are listed, quoted or traded in UK markets or which have their headquarters or a significant part of their activities in the UK but which may also be quoted on a regulated market outside of the UK. The Fund operates an ethical screen which means that the Fund will limit or avoid investment in companies that are involved in or exposed to activities that may be considered as having an adverse effect either on society or the environment and are commonly considered as unethical. The Fund’s ethical criteria defines the initial investment universe (‘Criteria’). The Fund can also invest up to 20% in equities of non-UK companies.
Aegon Asset Management are making changes to the investment policy of their fund to comply with new regulations due on 02 December 2024. They are changing the investment policy wording to include some additional description regarding the ethical criteria of the Fund, including details on how the ACD assesses the sustainability of potential investments for the Fund on an ongoing basis along with metrics that may be useful to an investor in understanding the investment policy of the Fund. The investment strategies and the investment objective of the fund are not changing.
New investment policy:
The Fund operates an ethical screen which means that the Fund will limit or avoid investment in companies that are involved in or exposed to activities that may be considered as having an adverse effect either on society or the environment and are commonly considered as unethical. The Fund’s ethical criteria defines the initial investment universe (‘Criteria’). The Fund will invest at least 80% in a portfolio of investment grade corporate bonds issued anywhere in the world. The Fund may also invest up to 10% in high yield corporate bonds issued anywhere in the world.
New Investment Objective:
The objective of the Fund is to provide capital growth and income and outperform the MSCI All Countries World Index, net of charges, over rolling five-year periods. The Fund invests at least 80% of the value of its property in shares of companies located in developed and emerging markets anywhere in the world. Investment may be direct or indirect (e.g. through collective investment schemes or derivatives), however the ACD expects that the Fund will typically hold investments directly. The Fund may invest in companies of any size, including smaller companies. The Fund may also invest in collective investment schemes, warrants, money market instruments, deposits, cash, near cash and derivatives.
This fund invests in the underlying retail fund in order to track its performance, this means that fund performance may differ to the underlying fund.
New Investment Objective:
The objective of the Fund is to provide capital growth and income and outperform the MSCI All Countries World Index, net of charges, over rolling five-year periods. The Fund invests at least 80% of the value of its property in shares of companies located in developed and emerging markets anywhere in the world. Investment may be direct or indirect (e.g. through collective investment schemes or derivatives), however the ACD expects that the Fund will typically hold investments directly. The Fund may invest in companies of any size, including smaller companies. The Fund may also invest in collective investment schemes, warrants, money market instruments, deposits, cash, near cash and derivatives.
This fund invests in the underlying retail fund in order to track its performance, this means that fund performance may differ to the underlying fund.
