Fondita European Top Picks becomes Fondita Sustainable Europe
On May 19 Fondita European Top Picks becomes Fondita Sustainable Europe. The name change will affect the fund’s investment focus. The fund's new focus is to invest in companies that in their operations contribute to sustainable development with a focus on companies that work against climate change and for a more efficient use of natural resources. The investment philosophy remains the same and the fund will continue to invest in listed companies in Europe.
The fight against climate change will play a central role in all types of companies over the next 20-30 years. We are convinced that the companies that are perceived to be part of this solution will do better in relative terms. Customers, employees, authorities, and investors will primarily choose companies that are at the forefront of research and development of renewable energy and more efficient use of natural resources. We aim to deliver a high return to our customers and in connection with the sustainable development we see great opportunities to invest in these types of companies. We want to maximize the return for our fund unit holders and at the same time act and invest sustainably.
We will invest in European companies that are well positioned in terms of product or service and also fulfil the quantitative and qualitative criteria that Fondita has successfully used in its investment process during the company's 20-year history. We are convinced that this change will have a positive impact on our investors' long-term returns.
NOTE! These changes do not require any action by the fund unit holders. Please note that the fund unit holders of this fund have the right to redeem their funds without redemption fee until the new rules come into force, 19.5.2019. If you have any questions, please contact us by phone or e-mail.