Guideline on investing in Fixed Income (SSA):
The guideline for publicly listed sovereign bonds is intended to assure customers that their funds are invested with due respect of human rights and with a precautionary approach to avoid financing human rights abuses.
We base our guidelines for investing in government bonds on the Worldwide Governance Indicators (WGI). The WGI methodology was developed and is updated by the World Bank Development Research Group, and it ensures that our decisions are based on a wide range of official and non-official sources. The WGI measures countries' strength on six parameters:
Voice and accountability
Political stability and absence of violence
Rule of law
Control of corruption
The guideline represents a precautionary approach to investing in sovereign bonds issued by countries and other sovereign entities that are affected by armed conflict or particularly weak public governance. The guideline supplements sanctions imposed by the UN and EU, and supports our commitment to UN Guiding Principles and UN Global Compact.