All our funds systematically review the significance of ESG issues, some to a large extent, some a little less.
A bigger proportion of corporate governance factors are systematically researched and incorporated into our investment analysis. The portfolio managers seek investments in companies with good management and owners who ensure that the company develops their products and services to make sure they are relevant in the future, and takes into account all the company's risks. The majority of the companies in which the fund invests are foundational or have significant family ownership. This is something that we both believe increases the likelihood of good and long-term corporate governance.