Clartan SICAV - Ethos ESG Europe Small & Mid CAP I/  LU2225829469  /

The CLARTAN ETHOS ESG EUROPE SMALL & MID CAP sub-fund seeks, over a period of more than five years, to achieve a positive performance in absolute terms and to outperform the main European indices (small & mid cap) denominated in EUR, by applying the SRI principles established by Ethos, the sub-fund's advisor in this area. Ethos delimits the investment universe to include companies that manage with conviction their environmental, social and governance issues and who tend to have a positive impact on the environment and society as a whole and this based on ESG criteria, an assessment of their climate change strategy and an assessment of the positive contribution their products and services make to overcoming current environmental and social challenges. The sub-fund applies Ethos's "principles for socially responsible investment" in terms of exclusion, controversy, ESG rating, exercising voting rights and engagement in dialogue with shareholders. The implementation of these principles results in the initial investment universe being reduced by at least 30% (approximately 600 European small- and mid-cap stocks) and makes it possible to qualify the investment universe as "Responsible". The sub-fund's management committee applies an investment discipline based on qualitative criteria (the sustainability of profitability) as well as on specific valuation criteria (determine the discount required to invest) For this reason, the sub-fund will be invested as follows: - at least 75% in listed companies having their registered office in an EEA Member State. - at most 25% in listed companies having their registered office in non-member states of the EEA but that do belong to the Council of Europe. - exclusively in shares of listed companies with a capitalisation of less than €20 bn at the time the company enters the sub-fund's portfolio. - at most 8% in cash or money market instruments.

The CLARTAN ETHOS ESG EUROPE SMALL & MID CAP sub-fund seeks, over a period of more than five years, to achieve a positive performance in absolute terms and to outperform the main European indices (small & mid cap) denominated in EUR, by applying the SRI principles established by Ethos, the sub-fund's advisor in this area. Ethos delimits the investment universe to include companies that manage with conviction their environmental, social and governance issues and who tend to have a positive impact on the environment and society as a whole and this based on ESG criteria, an assessment of their climate change strategy and an assessment of the positive contribution their products and services make to overcoming current environmental and social challenges.