We agree with and adhere to the “Italian Principles of Stewardship for the exercise of administrative and voting rights in listed companies” issued by Assogestioni to stimulate collaborative and constructive dialogue between investment management companies and Italian issuers on social and environmental responsibility, corporate governance and risk management.
The six principles listed here, together with the Specific Recommendations, are inspired by the European Fund and Asset Management Association (EFAMA) Code for External Governance.
- Asset management companies shall adopt a documented policy, available to the public, which sets out their strategy for the exercise of rights inherent in the financial instruments pertinent to the ucits and portfolios managed.
- Asset management companies shall monitor the listed issuers in which they are shareholders.
- Asset management companies shall set out clear guidelines on the timing and form of intervention with the listed issuers in order to protect and increase their value.
- Asset management companies shall consider, if necessary, the possibility of cooperating with other institutional investors, where appropriate, paying particular attention to the regulation of concerted action.
- Asset management companies shall exercise the rights inherent in the financial instruments pertinent to the ucits and portfolios managed in an informed manner.
- Asset management companies shall keep track of their exercise the rights inherent in the financial instruments pertinent to the ucits and portfolios managed and adopt a policy on the disclosure of information regarding external governance.
This is a marketing communication. The data and information contained herein are provided for information purposes only and do not constitute investment recommendations. This communication is not, and may not be regarded as, an information document required under applicable legislation, and its content is not sufficient to form the basis of an investment decision.
This communication does not take into account in any way the characteristics of any person who may receive or become aware of it. In particular, it does not take into account their investment objectives, knowledge and experience in investment matters, risk appetite and/or any other characteristics, including the applicable tax regime.
Past performance is not indicative of future results, and investments in funds are subject to risks relating to the underlying assets, which may affect the value of the relevant units. Etica SGR provides no guarantee of returns and does not guarantee the repayment of the capital invested. The SGR accepts no liability for any losses that may arise from the use of the information provided in this communication.
In order to make an informed investment decision, before making any final investment decision, investors should consult the Key Information Document (KID) and the funds’ Prospectus available at www.eticasgr.com.
The placement of the “Linea Valori Responsabili” and “Linea Futuri Responsabili” funds is only available in Italy. For further information, please refer to the Italian version of the website.