Describe your reasons for choosing a particular ESG incorporation strategy and how combinations of strategies are used.
Troy Asset Management invests predominantly in the Sovereign Debt of developed nations. Integrated into that research process are the analysis of the sustainability of the revenues that underpin that sovereigns ability to make both interest and capital payments. We look at environment, social and governance risks, focusing as much on the direction of travel as the current status of those risks.
Additional information [Optional].
Troy currently only invested in the sovereign debt of the UK and US.
2% of assets (up from 0% a year ago) have an ethical screen which negatively screens out sovereigns subject to EU or UN sanctions.