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Jupiter Asset Management

PRI reporting framework 2020

Basic information [OO 01 - 09] Asset class implementation gateway indicators [OO 10 - 12] Peering questions [OO LE 01 - HF 01]

Strategy and Governance

Investment policy [SG 01 - 04] Objectives and strategies [SG 05 - 06] Governance and human resources [SG 07 - 08] Promoting responsible investment [SG 09 - 11] Outsourcing to fiduciary managers and investment consultants [SG 12] ESG issues in asset allocation [SG 13 - 15] Asset class implementation not reported in other modules [SG 16 - 17] Innovation [SG 18] Communication [SG 19]

Indirect – Manager Selection, Appointment and Monitoring

Listed Equity and Fixed Income Strategies [SAM 01] Selection [SAM 02 - 03] Appointment [SAM 04] Monitoring [SAM 05 - 07] Outputs and outcomes [SAM 08 - 09]

Direct - Listed Equity Incorporation

ESG incorporation in actively managed listed equities [LEI 01 - 10] Implementation processes [LEI 01 - 10] (A) Implementation: Screening [LEI 04 - 06] (B) Implementation: Thematic [LEI 07] (C) Implementation: Integration of ESG factors [LEI 08 - 10] Outputs and outcomes [LEI 12 - 13]

Direct - Listed Equity Active Ownership

Overview [LEA 01] Engagement [LEA 02 - 08] Outputs and outcomes [LEA 09 - 11] (Proxy) voting and shareholder resolutions [LEA 12 - 21]

Direct - Fixed Income

ESG incorporation in actively managed fixed income [FI 01 - 12] Implementation processes [FI 01 - 03] (A) Implementation: Screening [FI 04 - 06] (B) Implementation: Thematic [FI 07 - 09] (C) Implementation: Integration [FI 10 - 12] Fixed income - Engagement [FI 14 - 16] Outputs and outcomes [FI 17 - 18]

Confidence building measures

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Confidence building measures

CM1 01. Assurance, verification, or review

01.1. Indicate whether the reported information you have provided for your PRI Transparency Report this year has undergone:

Third party assurance over selected responses from this year’s PRI Transparency Report

Third party assurance over data points from other sources that have subsequently been used in your PRI responses this year

Third party assurance or audit of the correct implementation of RI processes (that have been reported to the PRI this year)

Internal audit of the correct implementation of RI processes and/or accuracy of RI data (that have been reported to the PRI this year)

Internal verification of responses before submission to the PRI (e.g. by the CEO or the board)

Other, specify

          Our submission includes information  taken from day to day voting and engagment data which is verified by external audit and internal compliance.

None of the above

01.2. Additional information [OPTIONAL]

          In addition to the abovementioned oversight processes Jupiter also has a Business Control Forum as part of its Operations Dept. The BCF conduct quarterly reviews of ll department including fund management to look at risk, operations, and obligations. This also includes stewardship processes mentioned within this assessment.

CM1 02. Assurance of last year`s PRI data

02.1. We undertook third party assurance on last year’s PRI Transparency Report

Whole PRI Transparency Report was assured last year

Selected data was assured in last year’s PRI Transparency Report

We did not assure last year`s PRI Transparency report

None of the above, we were in our preparation year and did not report last year.

02.2. Whole report was assured in last year’s PRI Transparency Report

Who has conducted the assurance

          Assurance of Stewardship activities in undertaken by external auditor PWC

Assurance standard used

ISAE/ ASEA 3000

ISAE 3402

ISO standard

AAF01/06

AA1000AS

IFC performance standards

ASAE 3410 Assurance Engagements on Greenhouse Gas Statements.

National standard

Other

Level of assurance sought

Limited or equivalent

Reasonable or equivalent

Link to external assurance provider`s report

https://www.jupiteram.com/UK/en/Individual-Investors/Why-Jupiter/About-Jupiter

02.2. Selected data was assured in last year’s PRI Transparency Report

What data has been assured

Financial and organisational data

Data related to RI activities

RI policies

RI processes (e.g. engagement process)

ESG operational data of the portfolio

Other

Relevant modules

Organisational Overview

Strategy and Governance

Indirect – Manager Selection, Appointment and Monitoring

Direct - Listed Equity Incorporation

Direct - Listed Equity Active Ownership

Direct - Fixed Income

02.3. Additional information [OPTIONAL]

          We have publicly disclosed our voting and engagement data (including the number of engagements) for over a decade and integrity of these numbers is vital.  Our compliance department conduct reviews on proxy voting and stewardship and this includes reviewing meetings and engagements. The compliance team runs a risk assessment of all business areas including activities concerning proxy voting and stewardship on a quarterly basis and the outcome of this exercise will dictate the frequency to which Governance & Sustainability (and other teams) are reviewed. Therefore, compliance reviews can occur any time between 6 – 18 mths (depending on the individual risk assessment). 
Proxy Voting and stewardship is also reviewed annually as part of our company’s external audit. Once again, this will cover sample testing and verification around voting and engagement details. Crucially, the external auditor seeks evidence on the number of engagements that are disclosed in our public reports including Jupiter Fund Management plc’s annual report.

CM1 03. Other confidence building measures

03.1. We undertake confidence building measures that are unspecific to the data contained in our PRI Transparency Report:

We adhere to an RI certification or labelling scheme

03.2. Which scheme?

National SRI label based on the EUROSIF Transparency guidelines

% of total AUM the scheme applies

< 25%

25-50 %

50-70 %

>75 %

B-corporation

UK Stewardship code

% of total AUM the scheme applies

< 25%

25-50 %

50-70 %

>75 %

GRESB

Commodity type label (e.g. BCI)

Social label

Climate label

RIAA

Other

We carry out independent/third party assurance over a whole public report (such as a sustainability report) extracts of which are included in this year’s PRI Transparency Report

03.3. Provide a link to the public report (such as a sustainability report that you carry out third party assurance over and for which you have used extracts of in this year’s PRI Transparency Report. Also include a link to the external assurance provider `s report.

Link to sustainability, RI, or integrated report [URL] https://www.jupiteram.com/en/corporate/Governance/Stewardship-code

Link to external assurance provider`s report [URL] https://www.jupiteram.com/en/corporate/Governance/Stewardship-code

ESG audit of holdings

Other, specify

None of the above

03.5. Additional information [OPTIONAL]

CM1 04. Assurance of this year`s PRI data

04.1. Do you plan to conduct third party assurance of this year`s PRI Transparency report?

Whole PRI Transparency Report will be assured

Selected data will be assured

We do not plan to assure this year`s PRI Transparency report

04.3. Additional information [OPTIONAL]

CM1 05. External assurance

05.1. Provide details related to the third party assurance over selected responses from this year’s PRI Transparency Report and/or over data points from other sources that have subsequently been used in your PRI responses this year

What data has been assured

Financial and organisational data

Data related to RI activities

RI Policies

RI Processes (e.g. engagement process)

ESG operational data of the portfolio

Other

Relevant modules

Organisational Overview

Strategy and Governance

Indirect – Manager Selection, Appointment and Monitoring

Direct - Listed Equity Incorporation

Direct - Listed Equity Active Ownership

Direct - Fixed Income

Who has conducted the assurance

          External auditor as part of the AAF assurance into our stewardship code approach.

Assurance standard used

ISAE/ASEA 3000

ISAE 3402

ISO standard

AAF01/06

AA1000AS

IFC performance standards

ISAE/ASAE 3410 Assurance Engagements on Greenhouse Gas Statements.

National standard

Other

Level of assurance sought

Limited or equivalent

Reasonable or equivalent

Please provide:

Link to external assurance provider`s report [URL] https://www.jupiteram.com/Global/en/Investor-Relations/Reports-and-results

Link to original data source (if public) [URL] https://www.jupiteram.com/Global/en/Investor-Relations/Reports-and-results

Attach a file

05.2. Additional information [OPTIONAL]

CM1 06. Assurance or internal audit

06.1. Provide details of the third party assurance of RI related processes, and/or details of the internal audit conducted by internal auditors of RI related processes (that have been reported to the PRI this year)

What RI processes have been assured

Data related to RI activities

RI policies

Specify

          External auditor

RI related governance

Engagement processes

Proxy voting process

Integration process in listed assets

Screening process in listed assets

Thematic process in listed assets

Manager selection process for externally managed assets

Manager appointment process for externally managed assets

Manager monitoring process for externally managed assets

Other

Who has conducted the assurance

          This formed part of the annual external audit.

When was the process assurance completed(dd/ mm/yy)

21/03/2020

Assurance standard used

IIA’s International Standards for the Professional Practice of Internal Auditing

ISAE 3402

ISO standard

AAF 01/06

SSE18

AT 101 (excluding financial data)

Other

Level of assurance sought

Limited or equivalent

Reasonable or equivalent

06.2. Additional information [OPTIONAL]

CM1 07. Internal verification (Not Applicable)

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