The Impax Environmental Markets (Ireland) Fund seeks to achieve sustainable, above market returns over the longer term by investing globally in companies active in the 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 "pure-play" small and mid cap companies which have >50% 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
|Registrations||Switzerland, UK (Distributor Status)|
|Currency||EUR, GBP, USD|
|Bloomberg ticker||IMPEMAS ID|
|Ongoing charge||1.08 – 1.78%*|
|Number of stocks||60|
|Investment horizon||Long term|
|Launch date||9 December 2004|
*The full range of ongoing charges for all share classes is: X: 1.08%, A: 1.28%, B: 1.78%
|Class||Share Price||Established||Min. investment||Management Fee||ISIN||Bloomberg ticker|
|Sterling X Distribution||-||26.04.2018||£1,000,000||0.80%||IE00BZ1LW551||IMPEMXD ID|
|Sterling X Accumulation||-||17.02.2016||£1,000,000||0.80%||IE00BYQNSD98||IMPEMXS ID|
|Sterling A Accumulation||-||09.12.2004||£500,000||1.00%||IE00B04R3307||IMPEMAS ID|
|US Dollar A Accumulation||-||07.01.2005||£500,000||1.00%||IE00B04R3745||IMPEMAU ID|
|Euro A Accumulation||-||15.12.2004||£500,000||1.00%||IE00B04R3521||IMPEMAE ID|
|Sterling B Accumulation||-||08.12.2004||£1,000||1.50%||IE00B04R3414||IMPEMBS ID|
|US Dollar B Accumulation||-||30.11.2005||£1,000||1.50%||IE00B04R3851||IMPEMBU ID|
|Euro B Accumulation||- -||07.12.2005||£1,000||1.50%||IE00B04R3638||IMPEMBE 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.
Jon Forster - Senior Portfolio Manager, Managing Director
Jon has worked at Impax since August 2000. He co-manages the Specialists strategy, which includes Impax's flagship fund, Impax Environmental Markets plc, alongside Bruce Jenkyn-Jones.
Following graduation from Leeds University in Management Studies, Jon began his career in 1994, spending four years working on acquisitions at HSBC Investment Bank. Subsequently, he spent two years consulting venture capital investor Alchemy Partners, focusing on manufacturing and resource management companies.
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.