Eligibility Criteria

APPLICANT FUND STATUS

LuxFLAG’s Applicant Fund Status is available for newly launched funds in their initial subscription phase, showcasing their commitment to responsible investing principles. The Applicant Fund must commit to apply for a LuxFLAG Fund Label once eligible. Read more on the Applicant Fund Status

LABEL APPLICATION

In order to obtain a LuxFLAG Environment Label, a fund must comply with the following Eligibility Criteria set by LuxFLAG. The principal conditions are that the Applicant Investment Fund must:

75%

Have a portfolio of investments in environment-related sectors corresponding to at least 75% of the Applicant Investment Fund’s total assets.

Accordingly, 25% of total assets may be retained in the form of cash, liquid assets or other investments.

25%

Incorporate Environment, Social and Governance (ESG) considerations in the investment decision making process.

Incorporate Environment, Social and Governance (ESG) considerations in the investment decision making process

Seek a return on investment

Comply with some legal and governance criteria.

Must be subject to either supervision in EU member state or supervision equivalent to that in EU Member States

LuxFLAG will engage an Audit firm for the completion of certain Agreed Upon Procedures, enabling the Audit firm to examine the report of LuxFLAG upon information provided by the Applicant Investment Fund.

A full description of the eligibility criteria is available in the Eligibility criteria document. LuxFLAG reserves the right to independently assess and evaluate the above mentioned eligibility criteria.