| Change Details | |
|---|---|
| Title | Thesis Unit Trust Management Limited |
| Type | Other events |
| Companies Impacted | Quilter Life & Pensions Limited, Quilter Investment Platform Limited |
| Effective Date | 08 September 2025 |
| 1. Fund details | |
| Companies impacted | Quilter Life & Pensions Limited Quilter Investment Platform Limited |
| Fund Group | Thesis Unit Trust Management Limited |
| Fund Names | Climate Assets Balanced Climate Assets Growth |
| Type of change | Name & Objective Change |
| Date change effective from | 08/09/2025 |
| Is the event subject to shareholder approval? | No |
| 2. Name change details | |
| Current Fund Name | New Fund Name |
| Climate Assets Balanced | Sustainable Opportunities Balanced |
| Climate Assets Growth | Sustainable Opportunities Growth |
| 3. Investment objectives Climate Assets Balanced | |
| Previous objective | To provide capital growth and income, net of fees, over the longer term (rolling 5-year periods) and to support the development of sustainable societies by pursuing five environmental and social themes across the areas of: • Clean energy: by investing in companies whose products, solutions or services reduce the use of hydrocarbon-based fossil fuels; • Food: by investing in companies whose products, solutions or services address the imbalance in the supply of and demand for high quality nutrition; • Health & well-being: by investing in companies whose products, solutions or services improve ineffective healthcare, protection, and support systems; • Resource efficiency: by investing in companies whose solutions, products or services reduce the depletion and inefficient use of the earth’s scarce resources; and • Water: by investing in companies whose products, solutions or services improve the imbalance in the supply of and demand for water and water systems. The Investment Manager monitors the proportion of revenue generating activity within each company which is aligned with one or more of the UN Sustainable Development Goals ("SDGs"). At least 50% of the revenue generating activity of each company must be aligned with one or more of the SDGs in order for a company to be considered to have material sustainability characteristics. The fund may also allocate capital to countries that are themselves making significant progress towards meeting the SDGs by investing in sovereign debt instruments of countries that have achieved SDG index scores of 75 or higher in the most recent UN Sustainable Development Report. |
| New objective | To provide capital growth and income, net of fees, over the longer term (rolling 5-year periods) and to support the development of sustainable societies by: • pursuing five environmental and social investment themes, as follows: • Clean Energy: by investing in companies whose products, solutions or services reduce the use of hydrocarbon-based fossil fuels, such as those involved in renewable energy generation, the EV value chain, products and technologies for sustainable building design and construction and energy efficiency. • Food: by investing in companies whose products, solutions or services address the imbalance in the supply of and demand for high quality nutrition, including processes which support the provision of high quality nutrition, such as companies involved in organic grain production and harvesting, food testing for pathogens or allergens, food processing techniques that maintain nutritional value, low-waste food packaging solutions, and high-tech agriculture supplies. • Health & Well-Being: by investing in companies whose products, solutions or services improve ineffective healthcare, protection and support systems such as companies involved in medical supplies and devices, vaccines and products for infectious disease, medical analysis and testing, hospitals, healthcare facilities, health insurance to financially protect and/or companies that improve well-being through other means, such as by providing products, solutions or services which promote good quality social and supported housing, support financial inclusion, and/or life insurance to aid financial resilience, high-quality education, training and job creation, or those that increase equal opportunities and financial services for underserved groups. • Resource Efficiency: by investing in companies whose products, solutions, or services reduce the depletion and inefficient use of the earth’s resources and/or help to expand the circular economy, including companies involved in waste-to-energy, recycling, sustainable transport, cyber-security and technology solutions for facilitating the digital economy, and energy-efficient electrification and productivity and efficiency innovations which reduce environmental impact or enable increasing efficiency through policies or institutions. • Water: by investing in companies whose products, solutions or services improve the imbalance in the supply of and demand for water and water systems such as those companies involved in water supply and distribution, recycling, water analysis, monitoring and purification, water metering, leak prevention and detection, and efficient methods of crop irrigation. • allocating capital to countries that have made significant progress towards the development of sustainable societies with respect to both people and the planet, including in relation to the five environmental and social investment themes (Clean Energy, Food, Health & Well-Being, Resource Efficiency and Water), by investing in the sovereign debt instruments of such countries. |
| 4. Investment objectives Climate Assets Growth | |
| Previous objective | To provide capital growth, net of fees, over the longer term (rolling 5-year periods) and to support the development of sustainable societies by pursuing five environmental and social themes across the areas of: • Clean energy: by investing in companies whose products, solutions or services reduce the use of hydrocarbon-based fossil fuels; • Food: by investing in companies whose products, solutions or services address the imbalance in the supply of and demand for high quality nutrition; • Health & well-being: by investing in companies whose products, solutions or services improve ineffective healthcare, protection and support systems; • Resource efficiency: by investing in companies whose solutions, products or services reduce the depletion and inefficient use of the earth’s scarce resources; and • Water: by investing in companies whose products, solutions or services improve the imbalance in the supply of and demand for water and water systems. The Investment Manager monitors the proportion of revenue generating activity within each company which is aligned with one or more of the UN Sustainable Development Goals ("SDGs"). At least 50% of the revenue generating activity of each company must be aligned with one or more of the SDGs in order for a company to be considered to have material sustainability characteristics. The fund may also allocate capital to countries that are themselves making significant progress towards meeting the SDGs by investing in sovereign debt instruments of countries that have achieved SDG index scores of 75 or higher in the most recent UN Sustainable Development Report. |
| New objective | To provide capital growth, net of fees, over the longer term (rolling 5-year periods) and to support the development of sustainable societies by: • pursuing five environmental and social investment themes, as follows: • Clean Energy: by investing in companies whose products, solutions or services reduce the use of hydrocarbon-based fossil fuels, such as those involved in renewable energy generation, the EV value chain, products and technologies for sustainable building design and construction and energy efficiency. • Food: by investing in companies whose products, solutions or services address the imbalance in the supply of and demand for high quality nutrition, including processes which support the provision of high quality nutrition, such as companies involved in organic grain production and harvesting, food testing for pathogens or allergens, food processing techniques that maintain nutritional value, low-waste food packaging solutions, and high-tech agriculture supplies. • Health & Well-Being: by investing in companies whose products, solutions or services improve ineffective healthcare, protection and support systems such as companies involved in medical supplies and devices, vaccines and products for infectious disease, medical analysis and testing, hospitals, healthcare facilities, health insurance to financially protect and/or companies that improve well-being through other means, such as by providing products, solutions or services which promote good quality social and supported housing, support financial inclusion, and/or life insurance to aid financial resilience, high-quality education, training and job creation, or those that increase equal opportunities and financial services for underserved groups. • Resource Efficiency: by investing in companies whose products, solutions, or services reduce the depletion and inefficient use of the earth’s resources and/or help to expand the circular economy, including companies involved in waste-to-energy, recycling, sustainable transport, cyber-security and technology solutions for facilitating the digital economy, and energy-efficient electrification and productivity and efficiency innovations which reduce environmental impact or enable increasing efficiency through policies or institutions. • Water: by investing in companies whose products, solutions or services improve the imbalance in the supply of and demand for water and water systems such as those companies involved in water supply and distribution, recycling, water analysis, monitoring and purification, water metering, leak prevention and detection, and efficient methods of crop irrigation. • allocating capital to countries that have made significant progress towards the development of sustainable societies with respect to both people and the planet, including in relation to the five environmental and social investment themes (Clean Energy, Food, Health & Well-Being, Resource Efficiency and Water), by investing in the sovereign debt instruments of such countries. |