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What does a 100% SFDR Article 9 fund look like?
12/6/2022 ~ 3:42:49 PM

Please note these are the 12 largest positions only - you can see all 100 holdings by either filling in the form HERE or by requesting the full list via contact@integrumesg.com.

We recently created a post on LinkedIn explaining how regulators in the EU, UK and US are investigating ESG funds as there have been growing concerns that asset managers are promising more than they can deliver in an effort to sell their products.

There are fears that to meet the growing demand for ESG products many asset managers have simply rebranded their existing products rather than trying to create new ones, which has created concerns around greenwashing.

A recent analysis by PwC showed that of 1,061 Article 9 funds -- whereby a product needs to have sustainability as its “objective” -- showed that only 286 were new.  The rest were reclassifications of existing funds.

A probe of Article 9 products by Swedish authorities last month found “many cases” in which managers failed to provide necessary information, and as a result the Stockholm based regulator has warned that it will act to stamp out false ESG claims.

Furthermore - the EC has recently announced guidelines suggesting that the hurdle for an Art 9 fund should be 100% which has prompted firms like Amundi and Blackrock to remove Article 9 labels from some of its funds.

This has prompted the team here at Integrum ESG to use our 'Screener Tool' to create an Article 9 fund where every company meets the 12 specific sustainability objectives that a company must support if it is to be compatible with an Article 9.

Company Name
Sub-Sector
Country
Apple
Hardware
USA
Johnson & Johnson
Biotechnology & Pharmaceuticals
USA
Visa
Software & IT Services
USA
LVMH Moet Hennessy Louis Vuitton
Apparel, Accessories & Footwear
France
Mastercard
Software & IT Services
USA
Nestle
Processed Foods
Switzerland
Bank of America Corp
Commercial Banks
USA
Pfizer
Biotechnology & Pharmaceuticals
USA
MSD
Biotechnology & Pharmaceuticals
United Kingdom
Broadcom
Semiconductors
USA
McDonald's Corp
Restaurants
USA
AstraZeneca
Biotechnology & Pharmaceuticals
United Kingdom

You can see all 100 holdings by either filling in the form HERE or by requesting the full list via contact@integrumesg.com.

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