our place within the European SFDR.

The European Sustainable Finance Disclosures Regulation (SFDR) is a European regulation that aims to improve transparency in the market for sustainable investment products. It focuses on sustainability claims made by financial market participants and imposes comprehensive sustainability disclosure requirements regarding environmental, social and governance metrics, both at an entity and a product level.

The main provisions of the SFDR, also called the SFDR Level 1, entered into force on 10th March 2021. The European Commission supplemented the Level 1 measures by publishing the SFDR Level 2 Regulatory Technical Standards (RTS) that came into effect on 1st January 2023.

This regulatory backdrop guides how we design ESG and sustainability features of our products as well as integrate ESG and sustainability criteria in our investment framework.

Classification criteria

The SFDR stipulates that asset managers must disclose on the level of integration of sustainability within their investment strategies. They must also classify their funds according to three categories based on the level of integration and the objectives sought. The definition of these categories is as follows:

	Article 6. The financial product has neither a sustainable objective nor environmental or social characteristics. It is however required to describe its integration of sustainability risks.
	Article 8. The financial product promotes, among other characteristics, environmental or social characteristics, or a combination of those characteristics. In addition to the promotion of environmental and/or social characteristics, the financial product can also commit to a minimum percentage of sustainable investment (referred to as Article 8 product with minimum commitment of sustainable investment).
	Article 9. The financial product has sustainable investment as its objective.

SFDR Article:	6	8	8 with min SI	9
Reports on the integration of sustainability risks	Yes	Yes	Yes	Yes
Promotes environmental or social characteristics		Yes	Yes
Has a minimum proportion of sustainable investments			Yes (% to be defined by asset manager)	100%*
Has a sustainable investment objective				Yes

*Excluding cash and cash equivalents.

Please click on the tabs below for the cataloguing of our strategies.

Funds that are not article 8 or 9 products, but are nevertheless required to describe the manner in which sustainability risks are integrated into their investment decisions.


Fixed Income	Asia Income 2024 High Yield 2023-24 The Sovereign Bond fund
Alternatives	Event Convexity

These financial products promote environmental or social (E/S) characteristics.


Equities	Asia High Conviction Global FinTech Golden Age World Brands China High Conviction Continental Europe Family Leaders Continental Europe Small & Mid Caps Leaders Europe All-Cap Leaders Emerging High Conviction Swiss Equity Swiss Small & Mid Caps Generation Global
Equities (With commitment to sustainable investment )¹	Circular Economy Future Electrification New Food Systems Planetary Transition Silvercrest Global Equity Silvercrest Europe Equity
Fixed Income	Euro BBB-BB Fundamental Global BBB-BB Fundamental Asia Investment Grade Bond Asia Value Bond Asia Diversified High Yield Bond Emerging Markets Local Currency Bond Fundamental Fallen Angels Recovery The Global Fixed Income Opportunities Global Government Fundamental Short Term Money Market The Sovereign Bond Fund Swiss Franc Credit Bond (Foreign) Ultra Low Duration
Fixed income (With commitment to sustainable investment)¹	Silvercrest IG Global Corporate Silvercrest IG Europe Corporate Silvercrest IG Credit Bond Silvercrest (CHF) Credit Bond Silvercrest (EUR) Credit Bond Silvercrest (USD) Credit Bond
Convertibles	Convertible Bond Convertible Bond Asia
Multi-Asset	All Roads All Roads Growth All Roads Conservative
Alternatives	Transition Materials

1 These funds promote Environmental/Social (E/S) characteristics and while they do not have a sustainable objective, they commit to a minimum proportion of sustainable investments.

These financial products commit to make only sustainable investments (ex-cash and cash equivalents) according to the SFDR.


Fixed Income	Global Climate Bond
Alternatives	Sustainable Private Credit

Blue text denotes Towards Sustainability labelled funds.

Source.

Silvercrest, as at 21 November 2024. The Towards Sustainability Quality Standards (for sustainable financial products) and labels were developed by the Central Labelling Agency. This award should not be construed as an endorsement of the Investment Manager, the Fund or any other private fund or pool advised by the investment manager or any of its affiliates.