| Change Details | |
|---|---|
| Title | Invesco Fund Managers Ltd |
| Type | Other events |
| Companies Impacted | Quilter Life & Pensions Limited Quilter Investment Platform Limited |
| Effective Date | 30 September 2024 |
| 1. Fund details | |
| Companies impacted | Quilter Life & Pensions Limited Quilter Investment Platform Limited |
| Fund Group | Invesco Fund Managers Ltd |
| Fund Name | Invesco Sustainable UK Companies (UK) |
| Type of change | Name & investment policy change |
| Date change effective from | 30 September 2024 |
| Is the event subject to shareholder approval? | No |
| 2. Name change details | |
| Current Fund Name | New Fund Name |
| Invesco Sustainable UK Companies (UK) | Invesco UK Companies (UK) |
| 3. Investment Policy | |
| Previous policy | The fund invests in companies that demonstrate sustainable characteristics that meet the fund’s environmental, social and governance (ESG) criteria described below, are financially sustainable and offer the opportunity for sustainable capital growth. The fund invests at least 80% of its assets in shares or other equity related securities of companies incorporated, domiciled or carrying out the main part of their economic activity in the UK. The fund follows the following ESG methodology: • Negative ESG screening: The fund will exclude companies with a defined level of involvement in a number of sectors, including but not limited to controversial weapons, coal, fossil fuels, tobacco, adult entertainment and gambling, as well as companies not compliant with the UN global compact principles. The current exclusion criteria may be updated from time to time. • Positive ESG sustainability screening: The fund will also weight overall exposure to those companies, based on the fund manager’s proprietary rating system, with acceptable practices and standards that sufficiently promote the environment, health and wellbeing and a Fairer Society in relation to their business operations, including, but not limited to, those companies that have committed to reduce their greenhouse gas (GHG) emissions to net zero by 2050 in line with the Paris Agreement on climate change. |
| New policy | The fund invests at least 80% of its assets in shares or other equity related securities of companies incorporated, domiciled or carrying out the main part of their economic activity in the UK. |