ESG Policy

No consideration of sustainability adverse impacts

The following is an extract from the Company’s ESG Policy:

The Company does not consider the adverse impacts of investment decisions on sustainability factors. The basis for this decision is described in further detail below.

Currently, there is no universally accepted framework or list of factors to consider to ensure that investments are sustainable which means that there is a lot of subjectivity and uncertainty when it comes to the accuracy and comparability of data. It is important to note that the legal and regulatory framework governing sustainable finance is still under development, in particular, the level 2 draft regulatory technical standards referred to in the SFDR. When this is finalised, the Company will reconsider its policy and procedures with respect to this matter.

Furthermore, ESG data readily available on third party data provider platforms is limited in relation to small and mid-cap companies, which make up the major share of the investment spectrum of client portfolios and which are inherent to the Company’s value investing approach.

The Company does not invest or invests limitedly in certain sectors or companies whose products, services or activities could be considered contrary to the current trends regarding the promotion of ESG criteria.

Should the approach to the consideration of sustainability factors and the related risks change, either following finalisation of the regulatory and legal framework, or based on decisions by the Company with regard to the investment policies of its clients then this Policy will be updated.

PRAUDE ASSET MANAGEMENT LTD IS AUTHORISED AND REGULATED BY THE MALTA FINANCIAL SERVICES AUTHORITY TO PROVIDE INVESTMENT SERVICES AND TO HOLD AND CONTROL CLIENTS' MONEY AND ASSETS.

THE CONTENTS OF THIS WEBSITE, AND THE DOCUMENTS UPLOADED THERETO, DO NOT CONSTITUTE, AND SHOULD NOT BE CONSTRUED AS CONSTITUTING, INVESTMENT ADVICE. YOU SHOULD NOTE THAT YOUR DECISION AS TO WHETHER TO INVEST IN ANY OF THE COLLECTIVE INVESTMENT SCHEMES MENTIONED ON THIS WEBSITE AND/OR TO AVAIL OF OUR INVESTMENT SERVICES, MAY HAVE LEGAL, FINANICAL AND/OR TAX IMPLICATIONS FOR YOU. YOU ARE URGED TO SEEK INDEPENDENT LEGAL, FINANCIAL AND/OR TAX ADVICE BEFORE INVESTING. PRAUDE ASSET MANAGEMENT LIMITED AND THE COLLECTIVE INVESTMENT SCHEMES IT MANAGES DO NOT HAVE, AND WILL NOT ACCEPT, ANY LIABILITY TO YOU IF, AMONGST OTHERS, YOU BREACH ANY LAW OR REGULATION BY INVESTING AND/OR YOU LOSE MONEY BY INVESTING.