Sustainability

Important information

Please read the following before proceeding. This website may contain advertising.

This website is operated and maintained by Eastspring Investments (Luxembourg) S.A. (the “Management Company”). It is a public limited liability company incorporated under the laws of the Grand Duchy of Luxembourg and having its registered office at 26, Boulevard Royal, L-2449 Luxembourg, Grand Duchy of Luxembourg. Eastspring Investments (Luxembourg) S.A. is approved to act as a management company in accordance with chapter 15 of the Luxembourg law of 17 December 2010 relating to undertakings for collective investment (the "2010 Law"), as amended. It acts as the management company for Eastspring Investments (the "SICAV"). The SICAV is an open-ended investment company with variable capital (société d’investissement à capital variable) registered in the Grand Duchy of Luxembourg on the official list of collective investment undertakings pursuant to Part I of the 2010 law and the Directive 2009/65/EC of the European Union Parliament and of the Council of 13 July 2009 (the "UCITS Directive"), as amended.

All information published on this website should be used for general information purposes only and does not constitute an invitation, offer or recommendation to acquire, purchase or subscribe for any securities or any solicitation of such an offer. Any investment or potential transaction described or contemplated in connection with information published on this website is subject to legal and regulatory requirements applicable in your jurisdiction and you shall be solely responsible for complying with such legal and regulatory requirements.

Information published on this website does not constitute investment advice and does not have any regards to the specific investment objectives, financial situation or particular needs of any person.

The SICAV is, across Europe, authorized for distribution in Austria, Belgium, Denmark, Finland, France, Germany, Italy, Luxembourg, the Netherlands, Norway, Spain, Sweden, Switzerland and the United Kingdom. However some sub-funds and/or share classes may not be available for sale in all jurisdictions. Where appropriate, prospective investors should enquire with the Management Company about registration of the SICAV sub-funds and/or share classes in the country(ies) where they operate.

All transactions into the SICAV should be based on the current Prospectus and the Key Investor Information Document (KIID) of the relevant sub-fund in applicable local language (collectively, the “Offering Documents”). The Offering Documents, together with the articles of incorporation and the most recent financial reports of the SICAV are available on this website. Printed copies may be obtained free of charge from the Management Company.

Investors should read the Offering Documents and seek professional advice before making any investment decision. In the event that investor chooses not to seek advice, he should consider carefully whether the fund in question is suitable for him.

Eastspring Investments (Luxembourg) S.A. may, from time to time, at its absolute discretion change, delete or replace the materials and information provided herein.

IMPORTANT INFORMATION

Investment involves risk. The Offering Documents should be read for further details including the risk factors. Past performance information presented is not indicative of future performance. The value of shares in the fund(s) and the income accruing to the shares, if any, may fall or rise. An investment in the fund(s) is subject to investment risks, including the possible loss of the principal amount invested.
This website contains information about investment funds which invest in equities and/or bonds, each with different risk profiles. The funds may not be suitable for all investors. Prices of equities and bonds may fluctuate and you may not get back your original investment.
Some funds may invest in emerging markets, single countries or industry sectors. The investment focus of such funds might give rise to increased risk over more diversified funds.
Some funds may have significant exposure to financial derivatives instruments, which involve risks different from and possibly greater than, the risks presented by traditional investments. Risks associated with derivatives are market risk, management risk, credit risk, liquidity risk, operational risk and leverage risk. The funds will also be exposed to credit risk of the counterparties with which it trades. In adverse market situations, the fund’s use of derivatives may become ineffective and the fund may suffer significant losses.
Some of the funds may be exposed to asset-backed and mortgage-backed securities. Risks associated with these securities include liquidity, market, credit risk and interest rates risks.
The value of the funds can be volatile and could go down substantially within a short period of time.
The investment decision is yours but you should not invest unless the intermediary who sells the fund to you has advised you that the fund is suitable for you and has explained why, including how the fund would be consistent with your investment objectives, risk profile and unique situation.
You should not make any investment decision solely based on the information on this website.
The SICAV has appointed local agents in certain countries in line with local laws and regulations. Subject to the availability of the sub-funds / share classes in your jurisdiction, the current Prospectus, KIID in your local language, articles of incorporation and the most recent financial reports of the SICAV may be obtained free of charge from the following entities:

Austria - Paying and Information Agent
Erste Bank der oesterreichischen Sparkassen AG, Graben 21, 1010 Wien

Belgium - Financial Agent
CACEIS Bank, Belgium Branch, Avenue du Port 86 C b320, 1000 Brussels

Denmark - Paying Agent
Skandinaviska Enskilda Banken AB, acting through SEB Merchant Banking, Bernstorffsgade 50, 1577 Copenhagen V

Finland - Paying Agent
Skandinaviska Enskilda Banken AB (publ), Helsinki Branch, Unioninkatu 30, 00100 Helsinki

France - Centralizing Correspondent
CACEIS Bank S.A. (Société Anonyme), 1-3, Place Valhubert 75013 Paris

Germany - Information Agent
CACEIS Bank S.A., Germany Branch, Lilienthalallee 34-36, 80939 Munich

Sweden - Paying Agent
Local agent: Skandinaviska Enskilda Banken AB (publ), acting through SEB Merchant Banking, Segels Torg 2, SE-106 40 Stockholm

Switzerland - Representative and Paying Agents

The above-mentioned documents are available free of charge from the Representative Agent.

Representative Agent: First Independent Fund Services Ltd, Klausstrasse 33, 8008 Zurich Paying Agent: NPB-New Private Bank Ltd, Limmatquai 1/am Bellevue, 8024 Zurich

United Kingdom – Facility Agent
Eastspring Investments (Luxembourg) S.A. - UK Branch, 125 Old Broad Street, London EC2N 1AR

For the purpose of UK law, the SICAV, is a recognized scheme under section 264 of the Financial Services and Markets Act 2000. Please note that the protections provided by the UK regulatory system, especially for retail clients, do not apply to offshore investments. Compensation under the UK Financial Services Compensation Scheme will not be available and UK cancellation rights do not apply.

Integrating ESG results in better investment decisions

We believe that incorporating material ESG considerations into the investment process can add value which can result in higher risk-adjusted returns for our clientsover the long term.

Engaging with investee entities can be constructive

We recognise that responsible investing requires a patient approach and an understanding that improvement in corporate behaviour can support investor value over time. We believe that companies that adopt sustainable business practices are more likely to deliver superior value in the long-term.

Active Ownership is preferable to exclusion

We believe that hard exclusions from our investment universe should be utilised as a last resort, where ESG risks are insurmountable or where continued engagement is considered ineffective. Rather, seeking change in corporate behaviour through engagement is more likely to have real-world impacts.

Transparency to our clients is
important

We believe that providing transparency on our ESG activities helps our clients understand our priorities and impact.

Responsible Investment Report 2022

Eastspring’s Responsible Investment Report showcases various responsible investment efforts across our markets. Dive deeper into how we conduct active ownership, integrate ESG, and embed sustainability within our practices.

Active Ownership

Our responsible investment approach is deeply aligned with active ownership activities for risk mitigation and value creation over the long term. As active owners, we leverage on our market exposures and expertise to foster long-term, collaborative relationships with investee companies to deepen collective understanding and tackle material issues including ESG risks and opportunities. We consider engagement and proxy voting as key drivers of active ownership.

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Total Number of Votable Items
0
%
Items Voted
0
%
Votes with Management
0
%
Votes against Management

Sources:
Eastspring Investment (Singapore) Limited’s proxy voting record for calendar year 2022.

Engagement Case Studies

Engagement with investee companies is core to our active ownership responsibilities. We aim to encourage business and management practices that support positive enhancement of material ESG traits or mitigation of material ESG risks across our holdings. We do this using constructive engagement based on our in-depth knowledge of our investments in the context of their business environment.

Energy company in an emerging market

Eastspring Singapore engages on climate transition capex.

Port Operator in Asia

Eastspring Singapore engages on climate adaptation.

Electronics Manufacturing Services company in Malaysia

Eastspring Malaysia engages on labour practices and working conditions.

Energy company in Indonesia

Eastspring Indonesia engages on business ethics and transparency.

Multiline and Specialty retailer and distributor in Asia

Eastspring Taiwan engages on energy management and data security.

Beauty and Cosmetic conglomerate in South Korea

Eastspring Korea engages on supply chain management and palm oil.

ESG Integration

At Eastspring Investments, investment professionals are responsible for incorporating all factors deemed to materially impact the investment decision making process. ESG integration is an essential component of our investment analysis process. Our integration guidelines include a focus on materiality and active ownership.

Listed Companies and Corporates

We seek to identify, assess, and monitor material ESG risks and opportunities. Investment teams integrate ESG issues with material impact on a company’s valuation, credit worthiness, and license to operate within the investment analysis, investment decision, and active monitoring of holdings. Through the ESG integration process, investment teams develop an informed and holistic assessment of a company’s exposure to and management of ESG risks and opportunities.

Quantitative Strategies

ESG is incorporated as a formal stream in our research program, where we conduct significant research on alpha signals, including those related to material ESG issues, using available historical data. We look to identify and validate ESG alpha factors that improve the returns of our strategies and ESG risk factors that may mitigate risk in our strategies.

Private Assets

ESG factors are assessed during due diligence while considering any prospective investment and at each stage of the investment process, from origination to exit. It is the fiduciary duty of the alternative asset investment team to seek to maximise returns on investments, and ESG factors are intrinsic to that objective. The investment team engages with underlying managers to promote ESG best practice and address material ESG issues, to manage and monitor ESG risks in the post-investment phase and until exit.