Investment mandate

The investment objective of the Craton Capital Global Resources Fund is to achieve long-term capital growth.

The sub-fund invests globally in companies and issuers directly related to commodities and/or renewable energy and power generation. These companies or issuers are active in the exploration, extraction, production, processing, transport, distribution of commodities and/or in the development or production of renewable energies or provide services in the commodity sectors. The sub-fund invests in particular in the following sectors:

  • raw materials, substances, metals (including but not limited to precious metals, non-ferrous metals, strategic metals, industrial metals, etc.);
  • renewable energy and power generation (including but not limited to hydrogen, biofuels, solar energy, hydropower, wind energy, geothermal and tidal energy);
  • battery metals and technologies: substances and technologies used in the manufacture of batteries or in related in-dustries;
  • water, water purification, technologies designed to improve water efficiency;
  • applications and technologies that serve to increase raw material efficiency;
  • environmental services;
  • agricultural raw materials, agriculture, reforestation, etc.

The sub-fund invests, after deducting liquid assets, at least two thirds of the sub-fund´s assets in:

  • equity securities and rights (esp. stocks) of companies and issuers from the commodity sectors;
  • debt securities and rights denominated in freely convertible currencies (esp. convertible bonds) of companies and issuers from the commodity sectors;
  • units of a UCITS and other undertakings for collective investment comparable to a UCITS which invest their assets in accordance with the guidelines of this sub-fund;
  • derivative financial instruments on transferable securities and securities rights mentioned above.

After deducting cash and cash equivalents, the sub-fund may invest up to a maximum of one third of the sub-fund´s assets in:

  • short-term liquid investments such as call money, time deposits or money market instruments with a remaining term of less than 12 months;
  • equity securities and rights as well as fixed- or variable-interest debt securities and rights of companies and issuers from other sectors;
  • units of a UCITS and other undertakings for collective investment comparable to a UCITS which invest their assets in other sectors worldwide;
  • derivative financial instruments on above-mentioned transferable securities and securities rights from other sectors.

The sub-fund may invest no more than 10 % of its assets in units of other UCITS or other collective investment undertak-ings comparable to a UCITS.

The underlying investments of this financial product do not comply with the EU criteria for environmentally sustainable economic activities.