ICP Global Transition Fund
Fund Portrait
ICP Asset Management is a financial services firm based in Norway.
The core team was part of Norges Bank Investment Management, the manager of the norwegian sovereign wealth fund, for more than a decade prior to forming ICP. Now ICP is part of Aker, one of the leading industrial conglomerates in Norway with a strong focus on renewable energy.
ICP's investment focus is the transition to a low-carbon economy. The investment process combines top-down analysis of economic activities that will benefit from the transition with bottom-up analysis of quality companies with sound growth.
| INVESTMENT MANAGER | ICP Asset Management |
|---|---|
| LINKEDIN COMPANY PAGE | ICP Asset Management |
| FUND | ICP Global Transition Fund |
| TYPE STRUCTURE | UCITS ICAV |
| DOMICILE | Ireland |
| LAUNCH DATE | July 5, 2024 |
| DISTRIBUTOR SWITZERLAND | OpenFunds Investment Services AG |
| AUDITOR | PricewaterhouseCoopers AG |
| CUSTODIAN | J.P. Morgan SE, Dublin Branch |
| REGULATOR | Central Bank of Ireland |
| GEOGRAPHY | Global |
| STRATEGY | Long-term capital growth and income, focusing on growth associated with the decarbonizing of the world economy |
| EXPOSURE | Portfolio of companies involved in the global energy system transformation |
| SHARE CLASSES | Founders Class |
| CURRENCY | EUR |
| INITIAL CHARGES | None |
| SUBSCRIPTIONS | Daily |
| MINIMUM SUBSCRIPTION | EUR 10 m |
| LIQUIDITY | Daily |
| MANAGEMENT FEE | 0.33% |
| PERFORMANCE FEE | None |
| FUND SIZE | - |
| FUND STATUS | Open-ended |
| ISIN | IE000HHQZT01 |
| SFDR CLASSIFICATION | - |
ICP Asset Management integrates sustainability and ESG principles into its investment strategies to promote responsible asset management. Here’s a summary of their approach:
Sustainability Policy and Approach
- ESG Integration: ESG factors are embedded in investment analysis and decisions, assessing environmental, social, and governance impacts.
- Active Ownership: ICP engages with companies to improve their ESG practices through dialogue and activism.
- Exclusion Criteria: Investments are avoided in sectors or companies that don’t meet ICP’s ESG standards.
Entity-Level ESG Disclosures
- ESG Integration: ESG considerations are applied at all levels of investment management.
- Reporting and Accountability: Regular reports detail ESG performance and investment impacts.
- Governance Structures: Dedicated teams oversee ESG strategy and integration.
Product-Level ESG Disclosures
- Investment Selection Process: ESG criteria are used to select investments for each product.
- Performance Monitoring: The ESG performance of investments is tracked and reported.
- Disclosure and Transparency: Investors receive detailed information on how products meet ESG policies and performance metrics.
In essence, ICP Asset Management emphasizes responsible investing through active engagement, thorough ESG integration, and transparent reporting to balance financial returns with environmental and social impact.
Go to ICP Asset Management's ESG page
