The IforD Umbrella Fund hosts sub-funds with sustainable investment objectives, falling within the meaning of article 9 of Regulation (EU) 2019/2088 of the European Parliament and of the Council of 27 November 2019 on sustainability-related disclosures in the financial services sector. Each sub-fund has different specific social objectives, which may or may not include environmental objectives aligned with the Paris Agreement and the Sustainable Development Goals (SDGs). For further information, please refer to the disclosures which are available on the websites of the individual sub-funds.
LMDF Disclosures // FCCF Disclosures
The potential for adverse impacts also varies from sub-fund to sub-fund, but include those indicated in the table below:
Given the varied profiles of individual sub-funds, key information on policies and investment processes (including ESG policies and engagement policies, if relevant) is included on the sub-fund websites (LMDF // FCCF). Please do not hesitate to contact us if you are interested in receiving further information.
In order to support global initiatives relates to sustainable finance and to uphold global best practices, the SICAV has adopted the following measures:
– Operating Principles for Impact Management – The SICAV is a signatory to the Operating Principles – the arrangements are currently in place for FCCF, but the Fund hopes to expand this to cover the whole SICAV
– UN Principles for Responsible Investment – LMDF is a signatory of the Principles and the Fund is hoping to expand this to cover the whole sub-fund
– Task Force on Climate Related Climate Disclosures – The SICAV is a signatory to the TFCD and considers various climate related measures in its reporting for different sub-funds
– Exclusion lists – which prohibits investments into certain types of business which are considered to present a particular moral or environmental hazard
Criteria used in the performance assessment to determine variable remuneration reflect the Vision and Mission of the various sub-funds to generate social and/or environmental impact alongside financial returns. The variable remuneration structure also considers the long-term nature of many of the Fund’s objectives. Full details of the Fund’s Remuneration Policy are available here.
These disclosures reflect current practices within the Fund. Should there be any evolution in these practices, this will be reflected and explained on the website.