Public HTML RI reports - PRI reporting framework 2017

Cordaid Investment Management B.V.

PRI reporting framework 2017

Basic Information [OO 01 - 09] Gateway asset class implementation indicators [OO 10 - 12]

Investment policy [SG 01 - 04] Objectives and strategies [SG 05 - 06] Governance and human resources [SG 07 - 08] Promoting responsible investment [SG 09 - 11] Implementation not in other modules [SG 12 - 16] Innovation [SG 17]

Direct - Inclusive Finance

Context [IFD 01 - 06] PIIF Principle 1: Range of services [IFD 07 - 10] PIIF Principle 2: Client protection [IFD 11 - 13] PIIF Principle 3: Fair treatment [IFD 14 - 17] PIIF Principle 4: Responsible investment [IFD 18 - 24] PIIF Principle 6: Balanced returns [IFD 28 - 31] PIIF Principle 7: Standards [IFD 32 - 34]

Indirect - Inclusive Finance

Context [IFI 01] Selection [IFI 02] Contractual agreements and mandate design [IFI 03] Investment manager monitoring and reporting [IFI 04 - 05] Disclosure [IFI 06 - 07]

Export Public Responses

You are in Direct - Inclusive Finance » PIIF Principle 5: Transparency

PIIF Principle 5: Transparency

IFD 25. How mission and investment objectives are communicated to stakeholders

Possible action:

Fully disclose policies, criteria and related conditions of products and services to investees and other relevant stakeholders.

25.1. Indicate how your mission and investment objectives communicated to stakeholders (e.g. investees, investors).

Publicly

Provide a URL https://www.cordaid.org/en/topics/investments/

Selected stakeholders only

On request only

25.2. Additional information.

We have prepared a new Investment manual and we have also updated our our mission and investment objectives. This information is not yet published on our website.

IFD 26. Investors and/or the public provided with information aligned with industry standards

Possible action:

Fully disclose policies, criteria and related conditions of products and services to investees and other relevant stakeholders.

26.1. Other than the PRI/PIIF, indicate if you provide your investors and/or the public with information aligned with industry standards.

Yes

26.2. Do you provide information aligned with:

The MIV Disclosure Guidelines

The Impact Reporting & Investment Standards (IRIS)

Yes, to our investors only

Yes, to the public

Other, specify

26.3. Additional information. [Optional]

We are currently still in the process of upgrading our MIS. As part of this upgrade we will include reporting indicators from IRIS.

IFD 27. Transparency of pricing, terms and conditions among investees

Possible action:

Ensure that investees adequately disclose the pricing, terms and conditions of financial products and services offered, and that the pricing, terms and conditions are understood by clients.

27.1. Indicate if you encourage the retail institutions in which you invest to ensure that the following are transparent and fully explained to their clients (i.e. those seeking financial services from them) in a form they can understand.

Pricing

Yes

27.2. Indicate how you ensure this for pricing and provide examples.

During due diligence process we assess the (main) products and prices that are offered by the investee to its clients, we calculate the APR of the main product and compare this with industry and national standards. We discuss with the investee how they disclose this information to their clients and if they do this in a transparent way.

This is also one of the elements assessed ALINUS. If the score is too low this is a reason for not investing.

Other terms and conditions

Yes

27.4. Additional information. [Optional]

Previous Section Next Section