Affinity Private Wealth, the Jersey-based, independent wealth management business, has launched the Affinity Sustainable Growth Fund.
The Irish-domiciled UCITS solution is categorised an Article 8 fund, as defined by the EU Sustainable Finance Disclosure Regulation (SFDR).
APW Investors Limited (APWIL), Affinity’s licensed investment business, is the appointed Investment Manager of the fund, which will sit within the GemCap Investment Funds (Ireland) PLC UCITS Umbrella structure, a $4bn UCITS platform domiciled in Ireland.
Affinity is dedicated to responsible (Environmental, Social and Governance integrated) and sustainable (for impact) investing. The global economy is undergoing a major transformation to secure a more sustainable and prosperous future for all, and the team at Affinity are increasingly mindful of the role they can play in supporting this.
The Affinity Sustainable Growth Fund is managed locally and invested globally. It is available in retail and institutional share classes across several currencies, including sterling, euros, US and Singapore dollars. With a minimum investment of £100 the Fund is accessible through Independent Financial Advisors, across multiple platforms or directly at www.geminicapital.ie – where the full Fund documentation is also available.
Affinity have partnered with Durrell Wildlife Conservation Trust to share fee revenue from all our sustainable strategies, including this Fund.
Ben Stott, Managing Director told Channel Eye: “Given the success of our Sustainable Growth strategy, we wanted to provide broader access to the expertise we have built. Facilitating this through regular savings, such as pension contributions, was an important objective for us too.
“The launch of our UCITS fund means individuals with smaller sums to invest can choose to direct capital for positive change. We hope employers across the island will also be encouraged to offer sustainable pension choices to their staff”.
Russell Waite, Head of Sustainability said: “We have built a reputation as thought leaders and innovators in this space and believe in sharing best practices to support both our clients and our peers on their sustainability journey. Winning ‘The Leadership in Sustainable Finance – Investment Management Award’ at the Jersey Finance Sustainable Finance Awards 2022 is a clear endorsement of this. We believe launching this fund further demonstrates our commitment to this space and the role we are playing in helping to build a world-class sustainable finance ecosystem in Jersey”.
Julia Warrander, Group Director and Chair of APWIL’s Investment Committee added: “We see our role as mobilising capital towards helping achieve the UN Sustainable Development Goals (SDGs); alongside educating ourselves, clients and other stakeholders as to how capital markets can be a force for good.
“In 2016, we recognised the powerful societal and regulatory momentum building in support of sustainable finance and developed an investment process around 8 themes, namely: clean energy, education, future mobility, health & wellbeing, reduced inequality, resource efficiency, sustainable infrastructure, and natural capital. Our insights convinced us allocating to these themes could generate attractive investment returns, as well as make a positive impact, and this has proved to be the case”.