H.A.M. GCBF Fully SFDR Article 8 Compliant

After implementing a comprehensive ESG process earlier this year, the final adjustments for ESG integration were successfully completed in October 2022.

We are pleased to announce that the H.A.M. Global Convertible Bond Fund now qualifies as an Article 8 product under the EU's Sustainable Finance Disclosure Regulation (SFDR).

Further Adjustment: Settlement Date for Subscription and Redemption to T+2

From now on there will be two business days after the calculation of the net asset value (NAV) applied, previously T+3.

Further Adjustment: Performance Fee Model

In November 2020, ESMA published the "Guidelines on performance fees in UCITS and certain types of AIFs." To comply with these guidelines, the H.A.M. GCBF will now be assessed according to the High-on-High (HoH) calculation model (previously: High-Water-Mark model). The main difference between the calculation models is that under the High-on-High method, the performance fee is only provisionally accrued and is reversed if the NAV decreases during the calendar year. This is in contrast to the High-Water-Mark model, where the performance fee is owed regardless of the further price development for the remainder of the calendar year.

More Articles

To make this website run properly and to improve your experience, we use cookies. For more detailed information, please check our Cookie Policy.

Customize settings

  • Necessary cookies enable core functionality. The website cannot function properly without these cookies, and can only be disabled by changing your browser preferences.