The Board of Directors of Evli Fund Management Company Ltd (“Evli”) has decided to amend the rules of the Evli Green Corporate Bond and Evli Impact Equity (“Funds”) funds under its management. The fund-specific rules will be amended so that they include the requirements on investment restrictions of the European Securities and Markets Authority (ESMA) guidelines on funds’ names using ESG (environment, social and governance) or sustainability-related terms. The rule amendments, which are described in more detail below, will enter into force on May 21, 2025.
In line with ESMA’s guidelines, a paragraph has been added to the rules stating that the Funds commit to making a minimum 80% of sustainable investments and that the Funds will also exclude certain companies from investment. The Funds’ previous exclusions will be amended so that the Funds now exclude all companies referred to in Article 12(1)(a) to (g) of the Commission Delegated Regulation (EU) 2020/1818. This will broaden the scope of the exclusion to cover business and value chains related to thermal coal and other fossil fuels. The Funds’ exclusion criteria are described in more detail in the fund prospectus.
In addition, terminology used in the rules of the Evli Green Corporate Bond fund has been clarified and the rules now explain that more information on the sustainability indicators used to measure the Fund’s sustainable investment objective can be found in the fund prospectus.
The rule amendments will apply to all the Funds’ unit series:
- Evli Green Corporate Bond A, ISIN: FI4000441449
- Evli Green Corporate Bond B, ISIN: FI4000441456
- Evli Green Corporate Bond B SEK, ISIN: FI4000441472
- Evli Green Corporate Bond IB, ISIN: FI4000441464
- Evli Impact Equity A, ISIN: FI4000561881
- Evli Impact Equity B, ISIN: FI4000561899
- Evli Impact Equity B SEK, ISIN: FI4000561907
- Evli Impact Equity IB, ISIN: FI4000561915
The Funds’ amended rules apply to all unit holders. No action is required from unit holders regarding the rule amendments.
The updated rules will be available from April 14, 2025, at the address www.evli.com/fundrules and from our Investor Service. Our Investor Service will gladly answer any questions you may have regarding the amended rules and fund investment by telephone, +358 (0)9 4766 9701, or by email at info@evli.com from 9.30 am to 4.30 pm on weekdays (Finnish time, CET+1).
EVLI FUND MANAGEMENT COMPANY LTD
