The Impax Food and Agriculture Fund seeks to achieve long term capital growth and provide a level of income by investing in companies that are addressing the challenges of sustainable food supply, resource efficiency and nutritious content. Impax seeks to invest in the most innovative leaders in global food and agriculture markets that are: - providing solutions to natural resource constraints in the food supply chain - benefiting from exposure to the provision of nutrition within the context of rising consumer demand for better quality, traceable, healthy, natural and safe food - providing solutions to adverse health effects of a poor diet.
Key facts & share price
|Registrations||UK (Distributor Status)|
|Currency||EUR, GBP, USD|
|Bloomberg ticker||IFAAGBA ID|
|on going charge||1.20%|
|Number of stocks||28|
|Investment horizon||Long term|
|Launch date||1 December 2012|
|Share class||Share Price||Established||Min. investment||Management Fee||ISIN||Bloomberg ticker|
|Sterling S Accumulation||04.10.2016||£5,000,000||0.45%||IE00BD89J683||IFASGBA ID|
|Sterling S Distribution||04.10.2016||£5,000,000||0.45%||IE00BD89J790||IFASGBD ID|
|Sterling X Accumulation||04.10.2016||£1,000,000||0.80%||IE00BD89J469||IFAXGBA ID|
|Sterling X Distribution||04.10.2016||£1,000,000||0.80%||IE00BD89J576||IFAXGBD ID|
|Sterling A Accumulation||1.47||28.02.2013||£500,000||1.00%||IE00B83SZL29||IFAAGBA ID|
|Sterling A Distribution||28.02.2013||£500,000||1.00%||IE00B8N95N79||IFAAGBD ID|
|US Dollar A Accumulation||28.02.2013||£500,000||1.00%||IE00B8B73735||IFAAUSA ID|
|US Dollar A Distribution||28.02.2013||£500,000||1.00%||IE00B6YW0147||IFAAUSD ID|
|Euro A Accumulation||28.02.2013||£500,000||1.00%||IE00B8SCRH97||IFAAEUA ID|
|Euro A Distribution||28.02.2013||£500,000||1.00%||IE00B86P8887||IFAAEUD ID|
It is planned to close the S share class to new investors when that share class approaches £20m. As at 31 January 2017
Past performance is not necessarily a guide to future performance. The value of investments may go down as well as up and are not guaranteed.
Michael Landymore - Senior Portfolio Manager, Director
Michael is responsible for the Food and Agriculture Strategy. He is focused on industry analysis, stock screening, company analysis and portfolio construction.
Michael has been advising investors and companies in the food and beverage industry since 1982. He was part of the highly rated food equity analysts team at Investec Securities/Henderson Crosthwaite, subsequently with Rabobank corporate finance, and most recently the manager of the Léman Focus Global Food & Agriculture Fund at Helvetica Wealth Management Partners in Geneva. Michael has a degree in Economics from King's College, Cambridge, and is a Chartered Fellow of the Chartered Institute for Securities & Investment (CISI).
Bruce Jenkyn-Jones - Co-Head of Listed Equities, Executive Director
Bruce is a Executive Director and Co-Head of Listed Equities along with Hubert Aarts.
Together they are responsible for the development of the investment process, research and team. Bruce has an active role in the day to day management of all Impax listed equity portfolios and is on the portfolio construction team for all strategies. Bruce joined Impax in 1999 where he worked initially on venture capital investments before developing the listed equity business. Before joining Impax, Bruce worked as a utilities analyst at Bankers Trust and as an environmental consultant for Environmental Resources Management (ERM). Bruce has an MBA from IESE (Barcelona), an MSc in Environmental Technology from Imperial College and a degree in Chemistry from Oxford.