The Impax Asian Environmental Markets (Ireland) Fund seeks to achieve sustainable, above market returns over the longer term by investing regionally in Asia-Pacific companies active in the rapidly growing Resource Efficiency and Environmental Markets. These markets address a number of long term macro-economic themes: growing populations, rising living standards, increasing urbanisation, rising consumption, and depletion of limited natural resources. Investments are made in companies which have >20% of their underlying revenue generated by sales of environmental products or services in the energy efficiency, renewable energy, water, waste and sustainable food and agriculture markets.
Key facts & share price
|Geographic focus||Regional: Asia-Pacific|
|Registrations||UK (Distributor Status)|
|Currency||EUR, GBP, USD|
|Bloomberg ticker||IMPASAS ID|
|Ongoing charge||1.14 – 1.89%*|
|Number of stocks||45|
|Investment horizon||Long term|
|Launch date||4 May 2010|
*The full range of ongoing charges for all share classes is: X: 1.14%, A: 1.39%, B: 1.89%
|Class||Share Price||Established||Min. investment||Management Fee||ISIN||Bloomberg ticker|
|Sterling X Accumulation||-||17.02.2016||£1,000,000||0.75%||IE00BYQ91839||IMPASXS ID|
|Sterling A Accumulation||-||20.08.2014||£500,000||1.00%||IE00B3MGK730||IMPASAS ID|
|US Dollar A Accumulation||-||12.05.2010||£500,000||1.00%||IE00B3PSB281||IMPASAU ID|
|Euro A Accumulation||-||04.05.2010||£500,000||1.00%||IE00B3MFHV32||IMPASAE ID|
|Sterling B Accumulation||-||30.05.2010||£1,000||1.50%||IE00B3PM1976||IMPASBS ID|
|US Dollar B Accumulation||-||04.05.2010||£1,000||1.50%||IE00B3N10L11||IMPASBU ID|
|Euro B Accumulation||-||04.05.2010||£1,000||1.50%||IE00B3MKB160||IMPASBE ID|
As at 31 December 2017, unless otherwise stated.
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.
David Li - Senior Portfolio Manager, Director
David has worked for Impax since 2007, initially on secondment from Ajia Partners, before becoming a full-time employee in 2011. He co-manages the Asia-Pacific strategy. Based in Hong Kong, he is also Impax's lead analyst for Greater China, including Taiwan and Singapore.
David began his career in the investment industry in 1997. He was head of small and mid-cap research for Asia ex-Japan at Deutsche Bank Securities and head of regional media research at ING Securities. Additionally, David has experience in auditing and he is a qualified CPA and CFA. He graduated from the University of New South Wales, Australia, with majors in Accounting and Finance.
Bruce Jenkyn-Jones - Co-Head of Listed Equities, Executive Director
Bruce is an 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.