Storebrand Global Plus Fund: A New Chapter Begins
Exciting Updates for Storebrand Global Plus Fund
Storebrand Asset Management has made an important decision regarding the fund’s branding. The fund, formally known as Storebrand Global ESG Plus, will now be referred to as Storebrand Global Plus. This change comes in response to the updated guidelines from the European Securities and Markets Authority (ESMA) that aim to enhance clarity and accuracy in fund naming.
Reason Behind the Name Change
The new ESMA guidelines focus on the accurate use of terms related to ESG, or environmental, social, and governance factors, in fund names. This update aims to ensure that the names reflect the actual investment strategies of the funds. While Storebrand Global Plus continues to align with sustainability principles, it primarily emphasizes environmental factors (the 'E' in ESG), which makes the removal of 'ESG' from the title a logical step.
Aligning with Regional Standards
The rebranding to Storebrand Global Plus also aims to create consistency with similar funds in the Nordic region and other international markets. It is crucial for Storebrand to maintain alignment with similar fund mandates that are already registered in various other jurisdictions. This ensures that investors have a clear understanding of what each fund title communicates about its underlying investment thesis.
Maintaining Investment Strategies
Importantly, the investment strategy and sustainability classification of Storebrand Global Plus will remain unchanged. The fund continues to adhere to its core focus areas, which assure investors that their commitments to environmental considerations remain intact. The mission of Storebrand is to offer both institutional and private investors sustainable investments that remain profitable and responsible.
Additional Updates in the Prospectus
The recent updates to Storebrand's prospectus document also include various non-material changes that relate to information subject to annual updates across Storebrand’s lineup of funds. This ensures that all documentation reflects the most accurate and current information available for investors.
Leading the Charge in ESG Investments
Storebrand is recognized as Norway's largest private asset manager, with assets under management totaling around DKK 900 billion. The company has long been at the forefront of ESG investments, actively pioneering sustainable investment practices for over 25 years. They deliver a range of scalable solutions tailored to both institutional and private investors across the Nordic region and other European locations.
With an innovative multi-boutique platform, Storebrand offers various brands, including Delphi Funds, SKAGEN Funds, and Storebrand Funds. This diverse portfolio allows Storebrand to deliver reliable value and sustainable investment options.
Contact Information
For further details regarding the Storebrand Global Plus fund or for any inquiries related to the updated prospectus, investors can reach out to Storebrand Asset Management.
Contact Person: Henrik Budde Gantzel, Director, Email: henrik.budde.gantzel@storebrand.no
Contact Person: Frode Aasen, Product Manager, Email: fdc@storebrand.com
Frequently Asked Questions
What is the new name of the fund previously known as Storebrand Global ESG Plus?
The fund is now called Storebrand Global Plus.
Why was the name changed?
The name change was made to comply with new ESMA guidelines regarding the use of ESG terms in fund names.
Will the investment strategy of Storebrand Global Plus remain the same?
Yes, the investment strategy and sustainability classification remain unchanged.
How does Storebrand lead in ESG investments?
Storebrand has pioneered ESG investing for over 25 years, offering sustainable investment solutions tailored for various investor needs.
Who can I contact for more information about Storebrand Global Plus?
You can contact Henrik Budde Gantzel or Frode Aasen via their provided email addresses for any inquiries.
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