ESG - Frontier and Emerging Markets - Long Only

Fund Portrait

The Fund invests in frontier (ex GCC) and early emerging markets with a special focus on countries with large and young populations, coming from a low economic base. We expect strong structural growth for decades in these markets, mainly driven by a growing middle class. Key markets for the fund are Vietnam, Bangladesh, Sri Lanka, Pakistan, Egypt and Nigeria. Strong population growth leads to rapid urbanisation and heavy investments in infrastructure. The fund is managed according to Tundra’s active stock picking philosophy and backed by local research offices in Asia. Investments are based on an ESG approach where each investment has to comply with the UN Global Compact
with regards to human rights, labour rights, corporate governance and environmental impacts. The fund is registered in Sweden and is fully UCITS compliant.

 

 

INVESTMENT MANAGER Tundra Fonder AB
LINKEDIN COMPANY PAGE Tundra Fonder AB
FUND Tundra Sustainable Frontier Fund
TYPE STRUCTURE UCITS IV
DOMICILE Sweden
LAUNCH DATE April 2, 2013
DISTRIBUTOR SWITZERLAND OpenFunds Investment Services AG (Switzerland)
AUDITOR PricewaterhouseCoopers AG
CUSTODIAN SEB
REGULATOR The Swedish Financial Supervisory Authority (Finansinspektionen)
PAYING AGENT SWISS Bank Vontobel Ltd, Zurich
GEOGRAPHY Frontier Markets, ex GCC
TARGET RETURN MSCI Frontier Markets ex GCC Net
SHARE CLASSES Retail and institutional
CURRENCY SEK, USD, EUR
INITIAL CHARGES Up to 5%
MINIMUM SUBSCRIPTION EUR 100,000
LIQUIDITY Daily
MANAGEMENT FEE 2.50%
PERFORMANCE FEE 0%
FUND SIZE EUR 169.1 m
MANAGER TRACK RECORD Active in the space since 2011
ISIN SE0006 789 897 (EUR) other currencies on request
SFDR CLASSIFICATION Art. 8

Tundra believes a sustainable company embodies responsible ownership, honest leadership, and strong management. Their goal is to invest in businesses making a long-term positive impact on society, producing environmentally and socially sustainable products or services relevant to future generations. Tundra's vision is to achieve financial returns and planetary relief through sustainable investments, emphasizing adherence to planetary boundaries. They integrate the 17 Sustainable Development Goals of Agenda 2030 as guiding tools, advocating a global holistic approach.

 

The Tundra Sustainable Frontier Fund targets emerging markets, focusing on low-income and lower-middle income countries. In these regions, where a significant portion of the population lacks fundamental rights, Tundra sees an opportunity for local companies to enhance societal well-being by addressing issues like healthcare, food supply, working conditions, and education.

 

Tundra is an Article 8 fund in terms of the classifications created by the European Union's Sustainable Finance Disclosure Regulation (SFDR), i.e. a fund promoting environmental or social characteristics alongside traditional financial returns.

 

Go to Tundra's ESG page

 

 

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ESG IN FRONTIER MARKETS Short Interview with Jennie C Ahrén TUNDRA FONDER (2021)

athias Althoff Tundra Fonder AB at ESG Awareness Roundtable on Sustainable Investing 1 (24. May 2022)

Tundra Fonder AB Challenges and opportunities in Frontier Markets (25. May 2022)

Tundra Fonder Long Term Investment Services (24. May 2022)