Trium ESG Emissions Improvers

A Discretionary Equity Long/Short Market Neutral, factor aware ESG UCITS strategy, targeting the high-emitting sectors to combat global warming while seeking uncorrelated absolute returns.

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SUMMARY

Overview

The Trium ESG Emissions Improvers Fund has twin aims – to make an improvement to the environment by helping to combat global warming, while, at the same time, seeking to generate absolute returns, with a low correlation to traditional asset classes and other ESG products. The Portfolio Manager identifies companies that have the potential to significantly reduce their environmental footprint relative to their peers and the broader market. He sets out to constructively engage with these companies to encourage them to reduce their emissions. Market and other factor risks are mitigated with offsetting short positions, which include alpha short positions

Investment Objective

The Fund’s investment objective is to seek to achieve positive returns over the medium term (3 years), independent of market conditions.

Key Facts

Investment Manager:

Trium Capital LLP

Fund Name:

Trium ESG Emissions Improvers Fund

SFDR:

Article 8

Inception Date:

30 September 2019

Structure:

UCITS (Ireland)

Base Currency:

EUR

AUM:

€526.2M (as at 30.09.2024)

Currency Share Classes:

USD, EUR, GBP, CHF and SEK

Dealing Frequency:

Daily, 11am Irish Time

Valuation Point:

5PM (US Eastern Time)

Performance

Fund Data

Management Fee

0.5 %

Performance Fee

10 %

ISIN

IE00BKDV3Y45

SEDOL

NKDV3Y4

Min. Investment

1,000

Management Fee

0.5 %

Performance Fee

10 %

ISIN

IE00BKDV3Z51

SEDOL

BKDV3Z5

Min. Investment

1,000

Management Fee

0.5 %

Performance Fee

10 %

ISIN

IE00BKDV4072

SEDOL

BKDV407

Min. Investment

1,000

Management Fee

0.5 %

Performance Fee

10 %

ISIN

IE00BKDV4189

SEDOL

BKDV418

Min. Investment

1,000

Management Fee

0.5 %

Performance Fee

10 %

ISIN

IE000NBQIE56

SEDOL

BNDTHP8

Min. Investment

1,000

Management Fee

1 %

Performance Fee

20 %

ISIN

IE00BKDV4528

SEDOL

BKDV452

Min. Investment

1,000

Management Fee

1 %

Performance Fee

20 %

ISIN

IE00BKDV4296

SEDOL

BKDV429

Min. Investment

1,000

Management Fee

1 %

Performance Fee

20 %

ISIN

IE00BKDV4411

SEDOL

BKDV441

Min. Investment

1,000

Management Fee

1 %

Performance Fee

20 %

ISIN

IE00BKDV4304

SEDOL

BKDV430

Min. Investment

1,000

Management Fee

1 %

Performance Fee

20 %

ISIN

IE000M12RFT3

SEDOL

BNDTHV4

Min. Investment

1,000

Management Fee

0.7 %

Performance Fee

20 %

ISIN

IE000KXQWJJ1

SEDOL

BPDY5H5

Min. Investment

50,000,000

Management Fee

0.7 %

Performance Fee

20 %

ISIN

IE000CP8HPQ9

SEDOL

BPDY5G4

Min. Investment

50,000,000

Management Fee

0.7 %

Performance Fee

20 %

ISIN

IE000OFAT372

SEDOL

BPDYSF3

Min. Investment

50,000,000

Portfolio Breakdown

12

Asset classes

31

Sub classes

1

Holdings

Team

Joe Mares

Joe Mares

Portfolio Manager

Joe Mares

Joe Mares

Portfolio Manager
Joe Mares has worked in investment banking, equity research, and portfolio management in high carbon-emitting sectors (energy/utilities/materials) for the past twenty-seven years. Joe began his career at Morgan Stanley in 1997 in investment banking and equity research in Energy & Shipping. In 2007, Joe moved to the buy side, as lead Equity & Commodities Analyst for Greg Coffey, at GLG and then Moore Capital, from 2009. Prior to joining Trium, Joe was a Portfolio Manager at Société Générale from 2011-2016, responsible for a global long/short equity book focused on Energy, Resources, Shipping, and Utilities. Joe holds a Bachelor’s degree from the School of Public and International Affairs, Princeton University.
Harry Thomas

Harry Thomas

Co-Portfolio Manager & Senior Analyst

Harry Thomas

Harry Thomas

Co-Portfolio Manager & Senior Analyst
Harry is Co-Portfolio Manager for the Trium ESG Emissions Improvers Strategy and Senior Analyst for the Trium Climate Impact strategy. He started his career at Fidelity International where he spent a decade as an analyst in both public and private equity, covering a variety of sectors and markets. More recently he was co-portfolio manager and equity analyst at Daiwa Asset Management (Europe) responsible for the Industrial and Materials sectors. Harry is a CFA Charterholder and holds a BSc (Hons) in Economics and Politics from the University of Bath.
Sam Thompson

Sam Thompson

Analyst

Sam Thompson

Sam Thompson

Analyst
Sam is an Analyst specialising in the chemical sector and new technologies. Sam joined Trium in 2020 from the University of Bath, where he attained a Bachelor’s degree in Chemical Engineering. He was awarded the Air Products Prize for the most meritorious final year student in the Chemical Engineering department.
Sargis Asatryan

Sargis Asatryan

Analyst

Sargis Asatryan

Sargis Asatryan

Analyst
Sargis is an Analyst for both the Trium ESG Emissions Improvers and Trium Climate Impact strategies. Sargis specialises in construction materials, industrials and metals & mining industries, and is focused on the decarbonisation of those industries. Sargis joined Trium Capital in 2019 after a three month internship with Joe Mares. Previously he worked at one of the largest retailers of construction materials in Armenia. Sargis holds an MSc degree in Investment Management from Cass Business School, London and a BSc degree in Business and Economics from Stockholm University, Sweden.
Matilde Bertoldi

Matilde Bertoldi

Analyst

Matilde Bertoldi

Matilde Bertoldi

Analyst
Matilde is an analyst for the Trium ESG Emissions Improvers and Trium Climate Impact strategies. Matilde focuses on the Battery, Solar and EV value chain sectors. Matilde joined Trium Capital in 2023, previously she worked as an ESG Analyst at Fitch Ratings, responsible for assessing ESG and sustainability performance of fixed income entities and issuances. Matilde holds an MSc in Environmental Technology from Imperial College London, and a BSc in Environment and Development from the London School of Economics.
Kate Prakhova

Kate Prakhova

Analyst

Kate Prakhova

Kate Prakhova

Analyst
Kate provides support to Trium’s Portfolio Managers in a number of areas, including execution and investment analysis. Kate joined Trium after graduating from the University of Bath, where she achieved her BSc (hons) in Business Administration. She gained experience in hedge fund operations covering all non-investment activities, treasury, and execution management. Prior to working at Trium, Kate worked as an Analyst at BNY Mellon. Kate is a CFA Chartholder.

ESG

SFDR designation: Article 8

The purpose of the Trium ESG Emissions Improvers Fund is to support transforming and enabling companies in high-emitting sectors that are reducing their direct (scope 1) emissions and indirect (scope 2 and 3) emissions, on both a sector relative and absolute basis. The Fund identifies companies that have the potential to improve their environmental profile and engages with them to support this process. We are focused on companies reducing emissions whilst delivering economic value to the company and customers.

 

We define high-emitting sectors as Energy, Utilities, Mining, Chemicals, Agriculture, Construction, Transportation, and Industrials. These sectors represent roughly 30% of the overall European equity market, but nearly 95% of listed companies’ emissions.

Trium ESG Emissions Improvers SFDR Article 8 Disclosure

Trium Capital LLP Responsible Investment Policy

#xxx

#xx

£XXbn

2022

LITERATURE

TitleLinkhf:tax:document_typehf:tax:share_class
Trium ESG Emissions Improvers Fund | KIID | F Classkiidclass-f
Trium ESG Emissions Improvers Fund | KIID | I Classkiidclass-i
Trium ESG Emissions Improvers Fund | Factsheetfactsheet
Trium ESG Emissions Improvers Fund | PRIIP | F Classpriipclass-f
Trium ESG Emissions Improvers Fund | PRIIP | I Classpriipclass-i
Trium ESG Emissions Improvers Fund | SFDR Article 8 Disclosuresfdr-disclosure
Trium ESG Emissions Improvers Fund | PAI Statementpai-statement
Trium UCITS Platform PLC EETaccounts-and-reports
Trium UCITS Platform PLC EMT v4.1accounts-and-reports
Trium ESG Emissions Improvers Fund | PRIIP | FD Classpriipclass-fd
Trium ESG Emissions Improvers Fund | KIID | ID Classkiidclass-id
Trium ESG Emissions Improvers Fund | KIID | SI Classkiidclass-si
Trium ESG Emissions Improvers Fund | KIID | SID Classkiidclass-sid
Trium ESG Emissions Improvers Fund | Supplementsupplement
Trium UCITS Platform PLC Prospectusprospectus
Trium UCITS Platform PLC | Shareholder Notice 05.09.2019policy
Trium ESG Emissions Improvers Fund | KIID | FD Classkiidclass-fd
Trium ESG Emissions Improvers Fund | PRIIP | ID Classpriipclass-id
Trium ESG Emissions Improvers Fund | PRIIP | SI Classpriipclass-si
Trium ESG Emissions Improvers Fund | PRIIP | SID Classpriipclass-sid

HOW TO INVEST

Please see below a list of platforms where this Fund is available. You are of course welcome to contact us directly via the button below to discuss your investment options

7IM

Abrdn

Advance by Embark

Aegon Arc

Aegon Institutional

AJ Bell

Aviva

Scottish Widows (Formerly Embark)

Fidelity

Fundment

Hubwise

James Hay

M&G Wealth (Formerly Ascentric)

Novia

Nucleus

Parmenion

Quilter

Raymond James

Third Financial

Transact

True Potential

Winterflood

REGIONS

Global availability

Austria

Finland

France

Germany

Guernsey

Jersey

Ireland

Italy

Liechtenstein

Luxembourg

Netherlands

Norway

Portugal

Spain

Sweden

Switzerland

United Kingdom

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Please contact us to hear more about our solutions for investors and managers, as well as if you have any other enquiries.