In English
Water is a vital, but scarce resource. Many factors, such as urbanization, climate change and population growth, are burdening our existing limited water resources. WIP Water Fund invests globally in companies within the water industry that promote more efficient water use. Companies in the fund operate within water infrastructure or water technology, with an emphasis on sustainable companies.
In the selection of companies, emphasis is placed on large and medium-sized, stable, and high-quality companies. In addition, the fund can invest in smaller listed or unlisted Nordic companies. With these investments we aim for a more focused water strategy.
The fund is suitable for long-term investors.
| Portfolio manager | WIP Asset Management Ltd Rasmus Skand and Jenni Hemánus |
|
| Fund management | GRIT Fund Management Company Ltd | |
| Custodian | SEB Ab, Helsinki branch | |
| Fund type | AIF | |
| Base currency | EUR | |
| Liquidity | Weekly (on the last bank day of the week) | |
| NAV | Daily | |
| Fund inception date | 1.10.2020 | |
| A-unit | I-unit | |
| ISIN | FI4000411368 | FI4000411350 |
| Bloomberg | WIPWTRA | WIPWTRI |
| Management fee p.a. | 0,9 % | 0,9 % |
| Performance fee | 15 % * | 12 % * |
| Subscription fee | 0 % | 0 % |
| Redemption fee | 0 % | 0 % |
| Minimum subscription | 1.000 EUR | 2.500.000 EUR |
| Dividend | No | No |
* with 6 % hurdle and High Water Mark.
The environmental and social impacts, as well as governance practices, of the investment targets are considered in accordance with WIP’s principles for responsible investments. Responsibly managed companies are favored within the scope of the fund’s water theme. Companies that based on WIP’s sustainability assessment do not meet the sustainability requirements set by WIP, are excluded.
WIP Water Fund has been classified as a responsible fund under Article 8 based on EU regulations. The light green funds under Article 8 promote environmental and social issues, among other characteristics.