ESG - Frontier and Emerging Markets - Long Only
Fund Portrait
The Fund invests in frontier (ex GCC) and early emerging markets with a special focus on countries with large and young populations, coming from a low economic base. We expect strong structural growth for decades in these markets, mainly driven by a growing middle class. Key markets for the fund are Vietnam, Bangladesh, Sri Lanka, Pakistan, Egypt and Nigeria. Strong population growth leads to rapid urbanisation and heavy investments in infrastructure. The fund is managed according to Tundra’s active stock picking philosophy and backed by local research offices in Asia. Investments are based on an ESG approach where each investment has to comply with the UN Global Compact
with regards to human rights, labour rights, corporate governance and environmental impacts. The fund is registered in Sweden and is fully UCITS compliant.
| INVESTMENT MANAGER | Tundra Fonder AB |
|---|---|
| LINKEDIN COMPANY PAGE | Tundra Fonder AB |
| FUND | Tundra Sustainable Frontier Fund |
| TYPE STRUCTURE | UCITS IV |
| DOMICILE | Sweden |
| LAUNCH DATE | April 2, 2013 |
| DISTRIBUTOR SWITZERLAND | OpenFunds Investment Services AG (Switzerland) |
| AUDITOR | PricewaterhouseCoopers AG |
| CUSTODIAN | SEB |
| REGULATOR | The Swedish Financial Supervisory Authority (Finansinspektionen) |
| PAYING AGENT SWISS | Bank Vontobel Ltd, Zurich |
| GEOGRAPHY | Frontier Markets, ex GCC |
| TARGET RETURN | MSCI Frontier Markets ex GCC Net |
| SHARE CLASSES | Retail and institutional |
| CURRENCY | SEK, USD, EUR |
| INITIAL CHARGES | Up to 5% |
| MINIMUM SUBSCRIPTION | EUR 100,000 |
| LIQUIDITY | Daily |
| MANAGEMENT FEE | 2.50% |
| PERFORMANCE FEE | 0% |
| FUND SIZE | EUR 180.9 m |
| MANAGER TRACK RECORD | Active in the space since 2011 |
| ISIN | SE0006 789 897 (EUR) other currencies on request |
| SFDR CLASSIFICATION | Art. 8 |
Tundra's Sustainability Policy
17. Aug. 2023Tundra Sustainability Report 2022 / 2023
July 2023Tundra Annual Sustainability Report 2021
Jul. 2022Tundra Annual Sustainability Report 2020
Jul. 2021Communication on Progress (COP)
Apr. 2021Tundra Nordic Ecolable Report 2020
Oct. 2020Tundra Sustainable Frontier Fund - Next generation of growth markets
Jul. 2020Tundra believes a sustainable company embodies responsible ownership, honest leadership, and strong management. Their goal is to invest in businesses making a long-term positive impact on society, producing environmentally and socially sustainable products or services relevant to future generations. Tundra's vision is to achieve financial returns and planetary relief through sustainable investments, emphasizing adherence to planetary boundaries. They integrate the 17 Sustainable Development Goals of Agenda 2030 as guiding tools, advocating a global holistic approach.
The Tundra Sustainable Frontier Fund targets emerging markets, focusing on low-income and lower-middle income countries. In these regions, where a significant portion of the population lacks fundamental rights, Tundra sees an opportunity for local companies to enhance societal well-being by addressing issues like healthcare, food supply, working conditions, and education.
Tundra is an Article 8 fund in terms of the classifications created by the European Union's Sustainable Finance Disclosure Regulation (SFDR), i.e. a fund promoting environmental or social characteristics alongside traditional financial returns.
