Fund Name Changes to comply with ESMA Guidelines
Fund Name Changes to comply with the European Securities and Markets Authority’s (ESMA) Guidelines. Resource Efficiency remains at the heart of our portfolio construction and underlying strategies have not changed. With effect from 20 May 2025 (the ‘Effective Date’) and following regulatory approval by the Central Bank of Ireland, the following Funds have been renamed. […]
Fund Name Changes to comply with the European Securities and Markets Authority’s (ESMA) Guidelines.
Resource Efficiency remains at the heart of our portfolio construction and underlying strategies have not changed.
With effect from 20 May 2025 (the ‘Effective Date’) and following regulatory approval by the Central Bank of Ireland, the following Funds have been renamed.
| Funds – Previous | Funds – New |
|---|---|
| Osmosis Resource Efficient Core Equity Fund | Osmosis Developed Core Equity Transition Fund |
| Osmosis Resource Efficient Core Ex-Fossil Fuels Fund ICAV | Osmosis Developed Core Equity Fossil Fuel Transition Fund |
| Osmosis Resource Efficient Developed Markets Core Equity (ex-Fossil Fuels) Trust (AUS) | Osmosis Developed Core Equity Fossil Fuel Transition Trust |
| Osmosis Resource Efficient Emerging Markets Equity Fund | Osmosis Emerging Markets Core Equity Transition Fund |
| Osmosis Resource Efficient Core Equity Ex-Fossil Fuels Fund CCF | Osmosis Developed Core Equity Fossil Fuel Transition (CCF) Fund |
NB: Osmosis Resource Efficient Developed Markets Core Equity (ex-Fossil Fuels) Trust (AUS) name change is still in process.
The Fund names were changed to comply with the European Securities and Markets Authority’s (ESMA) Guidelines on Fund names that use ESG or sustainability-related terms, which took effect on 21 May 2025. The investment manager of the Fund, Osmosis Investment Management UK Limited (“Osmosis”), has been applying these recently mandated (2024) ESMA Climate Change Benchmark exclusions for over 10 years and this approach will not change nor will Osmosis make any changes to its current investment approach as a result of these regulations.
Strategies
We have decided in the interest of uniformity, and to avoid confusion, to bring the rest of our strategies into line with the new naming convention. Please find a table below.
| Strategies – Previous | Strategies – New |
|---|---|
| Osmosis Resource Efficient Core Equity Strategy | Osmosis Developed Core Equity Transition Strategy |
| Osmosis Resource Efficient Core Equity ex Aus Strategy | Osmosis Developed Core Equity (ex Aus) Transition Strategy |
| Osmosis Resource Efficient Core Equity ex Japan Strategy | Osmosis Developed Core Equity (ex Japan) Transition Strategy |
| Osmosis Resource Efficient Core Ex-Fossil Fuels Strategy | Osmosis Developed Core Equity Fossil Fuel Transition Strategy |
| Osmosis Resource Efficient Emerging Markets Strategy | Osmosis Emerging Markets Transition Leaders Strategy |
| Osmosis Resource Efficient International ADR Strategy | Osmosis International ADR Transition Leaders Strategy |
| Osmosis International ADR Transition Leaders Strategy | Osmosis International Value Transition Leaders Strategy |
| Osmosis Resource Efficient World Equity Strategy | Osmosis World Transition Leaders Strategy |
| Osmosis Resource Efficient International Strategy | Osmosis International Transition Leaders Strategy |