The fund actively manages a portfolio of European Collateralized Loan Obligations (CLOs) and thereby only invests in tranches with an investment grade rating. It promotes environmental and social characteristics in accordance with Article 8 of the EU Disclosure Regulation 2019/2088 (“SFDR”), but does not commit to a minimum share of sustainable investments as defined in Article 2(17) of the SFDR or under the EU Taxonomy Regulation. Environmental, social, and governance (ESG) standards are considered when selecting CLOs via three components: (1) Integration of external E and S scores from Moody’s to assess the exposure of the CLO transactions to environmental and social risks respectively, (2) internal good governance analysis of the CLO managers and (3) internal prospectus analysis to ensure the exclusion of controversial business activities.

In discussions with the CLO managers, the portfolio management also address the possibilities for further ESG integration in the selection of the underlying issuers.

The availability and quality of ESG data in the private capital market remain a challenge. Lupus alpha has implemented processes for quality control and actively collaborates with data providers to monitor data availability and quality and adjust the approach as needed. The relevant sustainability aspects of the strategy are integrated into the existing due diligence procedures for the selection and monitoring of investments to ensure compliance with the promoted characteristics.

More information is provided in the fund’s ESG methodology, which can be found in the download section. 

The fund invests in attractive dividend stocks with a focus on the European small- and mid-cap universe. It promotes environmental and social characteristics in accordance with Article 8 of the EU Disclosure Regulation (Regulation (EU) 2019/2088), but does not aim for sustainable investments. Investments are made in securities selected based on sustainability principles. This involves applying exclusion criteria related to environmental (E), social (S), and governance (G) aspects. The fund does not invest in securities of companies engaged in controversial business sectors (e.g., controversial weapons), that violate international norms (e.g., OECD Guidelines), or have significant adverse impacts on specific sustainability factors (PAIs) (e.g., activities negatively affecting biodiversity-sensitive areas). Additionally, ESG criteria are integrated into the fundamental analysis, and influence on relevant ESG topics is exerted through an active engagement policy (engagement and voting rights).

Sustainability indicators are measured and evaluated based on external ESG data from MSCI. Data gaps are addressed through direct contact with companies or alternative data sources. Lupus alpha has integrated the relevant sustainability aspects of the strategy into its existing due diligence procedures for the selection and monitoring of investments to ensure compliance with the promoted characteristics.

More information is provided in the RTS template of the fund’s annual report, which can be found here.

The fund invests in attractive small- and mid-cap companies from Europe. It promotes environmental and social characteristics in accordance with Article 8 of the EU Disclosure Regulation (Regulation (EU) 2019/2088) and commits to a minimum share of 20% sustainable investments. Investments are made in securities selected based on sustainability principles. This involves applying exclusion criteria related to environmental (E), social (S), and governance (G) aspects. The fund does not invest in securities of companies engaged in controversial business sectors (e.g., controversial weapons), that violate international norms (e.g., OECD Guidelines), or have significant adverse impacts on specific sustainability factors (PAIs) (e.g., activities negatively affecting biodiversity-sensitive areas). Additionally, ESG criteria are integrated into the fundamental analysis, and influence on relevant ESG topics is exerted through an active engagement policy (engagement and voting rights).

Sustainability indicators are measured and evaluated based on external ESG data from MSCI. Data gaps are addressed through direct contact with companies or alternative data sources. Lupus alpha has integrated the relevant sustainability aspects of the strategy into its existing due diligence procedures for the selection and monitoring of investments to ensure compliance with the promoted characteristics.

More information is provided in the fund’s ESG methodology, which can be found in the download section. 

The fund invests in attractive small- and mid-cap companies from Europe. It promotes environmental and social characteristics in accordance with Article 8 of the EU Disclosure Regulation (Regulation (EU) 2019/2088) and commits to a minimum share of 20% sustainable investments. Investments are made in securities selected based on sustainability principles. This involves applying exclusion criteria related to environmental (E), social (S), and governance (G) aspects. The fund does not invest in securities of companies engaged in controversial business sectors (e.g., controversial weapons), that violate international norms (e.g., OECD Guidelines), or have significant adverse impacts on specific sustainability factors (PAIs) (e.g., activities negatively affecting biodiversity-sensitive areas). Additionally, ESG criteria are integrated into the fundamental analysis, and influence on relevant ESG topics is exerted through an active engagement policy (engagement and voting rights).

Sustainability indicators are measured and evaluated based on external ESG data from MSCI. Data gaps are addressed through direct contact with companies or alternative data sources. Lupus alpha has integrated the relevant sustainability aspects of the strategy into its existing due diligence procedures for the selection and monitoring of investments to ensure compliance with the promoted characteristics.

More information is provided in the fund’s ESG methodology, which can be found in the download section. 

The fund invests in global convertible bonds. It promotes environmental and social characteristics in accordance with Article 8 of the EU Disclosure Regulation (Regulation (EU) 2019/2088) and commits to a minimum share of 51% sustainable investments. Investments are made in financial assets selected based on sustainability principles. This involves applying exclusion criteria related to environmental (E), social (S), and governance (G) aspects. The fund does not invest in financial assets that violate the EU Paris-aligned benchmark (PAB) criteria, that are engaged in controversial business activities, that violate international norms, or have significant adverse impacts on specific sustainability factors (PAIs). Additionally, ESG criteria are integrated into the fundamental analysis, and influence on relevant ESG topics is exerted through an active engagement policy.

Sustainability indicators are measured and evaluated based on external ESG data from MSCI. Data gaps are addressed through direct contact with companies or alternative data sources. Lupus alpha has integrated the relevant sustainability aspects of the strategy into its existing due diligence procedures for the selection and monitoring of investments to ensure compliance with the promoted characteristics.

More information is provided in the fund’s ESG methodology, which can be found in the download section. 

The fund enables investors to make a global and risk-controlled investment in equities. It promotes environmental and social characteristics in accordance with Article 8 of the EU Disclosure Regulation (Regulation (EU) 2019/2088) and commits to a minimum share of 50% sustainable investments. Investments are made in financial assets selected based on sustainability principles. This involves applying exclusion criteria related to environmental (E), social (S), and governance (G) aspects. The fund does not invest in financial assets that violate the EU Paris-aligned benchmark (PAB) criteria, that are engaged in controversial business activities, that violate international norms, or have significant adverse impacts on specific sustainability factors (PAIs).

Sustainability indicators are measured and evaluated based on external ESG data from MSCI. Data gaps are addressed using alternative data sources. Lupus alpha has integrated the relevant sustainability aspects of the strategy into its existing due diligence procedures for the selection and monitoring of investments to ensure compliance with the promoted characteristics.
More information is provided in the fund’s ESG methodology, which can be found in the download section.