NAIM implements quantitative and systematic strategies with exposure across asset classes. As such, the main driver in analysis of ESG principles is to recognise the impact that the instruments traded (mainly derivatives) would have in their markets. Some criteria (e.g. liquidity, market depth, volatility, etc.) are considered when deciding to which asset classes the funds would take exposure to and the analysis would be carried out on the strategies before the inclusion in the pool of strategies that can be selected.