Lysaker, 10 April 2025
Storebrand Asset Management has resolved to change the fund name from Storebrand Global ESG Plus to Storebrand Global Plus, and the name change is largely due to new guidelines from the European Securities and Markets Authority (ESMA).
The guidelines apply to the use of ‘ESG’ or sustainability-related terms in fund names, and the new guidelines are intended to ensure that the designations are accurate, fair and in line with the funds’ actual investment strategy.
Although, the fund’s investment strategy and sustainability classification (SFDR) remain unchanged, the fund focuses mainly on the environmental aspect (E), as opposed to ESG in general. Hence, removing the ESG term in the name, appear reasonable to avoid expectations of an equal focus on the environment, social conditions and governance (ESG).
The name change also ensures consistency with similar funds in the Nordic region and international markets, as well as alignment with Storebrands similar fund mandates registered with other domiciles.
Some other non-material changes related to information that is subject to annual update are also reflected in the updated prospectus for Storebrand Global Plus, and the four other Storebrand funds available on Nasdaq Copenhagen, enclosed herein.
The updated documents are effective on 10 April, and the undersigned can be contacted for any additional information.
Regards
Storebrand Asset Management AS
Contacts:
Henrik Budde Gantzel, Director, [email protected]
Frode Aasen, Product Manager, [email protected]
Fund name and share class | Symbol | ISIN |
Storebrand Indeks – Alle Markeder A5 | STIIAM | NO0010841588 |
Storebrand Indeks – Nye Markeder A5 | STIINM | NO0010841570 |
Storebrand Global Plus A5 | STIGEP | NO0010841604 |
Storebrand Global Solutions A5 | STIGS | NO0010841612 |
Storebrand Global Multifactor A5 | STIGM | NO0010841596 |
Storebrand is Norway’s largest private asset manager with an AuM of around DKK 900 billions, and also a leading Nordic provider of sustainable pensions and savings. The company has been a global pioneer in ESG investing for over 25 years, offering broad and scalable solutions for both institutional and private investors in the Nordic region and other European countries. Storebrand delivers sustainable investment solutions and client value through a multi-boutique platform, with the brands Delphi Funds, SKAGEN Funds and Storebrand Funds.
Attachments
- Storebrand Global Plus Prospectus_ENG
- Storebrand Global Multifactor Prospectus_ENG
- Storebrand Global Solutions Prospectus_ENG
- Storebrand Indeks – Alle Markeder Prospectus_ENG
- Storebrand Indeks – Nye Markeder Prospectus_ENG