No Consideration of Sustainable Adverse Impacts

No consideration of sustainability adverse impacts - Sustainable Finance Disclosure Regulation (SFDR)

The following statement only applies to members of the Albourne Group (consisting of Albourne Partners Limited and its subsidiaries) (“Albourne”) that provide services to clients in the EU and are subject to the SFDR (SFDR Subsidiaries).

SFDR Subsidiaries do not consider the adverse impacts of investment decisions on sustainability factors or sustainability risks in their investment advice.

Further to the statement above, sustainability risks are not integrated into any remuneration policies of SFDR subsidiaries.

Albourne is a non-discretionary adviser, primarily producing research on fund managers; that research examines the ability of fund managers to execute their chosen investment strategy but does not constitute investment advice or recommendations on the underlying investments made by fund managers on behalf of the funds or accounts they manage. Although Albourne due diligence seeks to review the level of integration of sustainability factors in the investment decision processes of fund managers, such information is not made in compliance with, nor is it made for, SFDR purposes.