Important information
This material is for general information purposes only. It does not constitute investment or financial advice and does not take into account any specific investment objectives, financial situation or needs. This is not an offer to provide asset management services, is not a recommendation or an offer or solicitation to buy, hold or sell any security or to execute any agreement for portfolio management or investment advisory services and this material has not been prepared in connection with any such offer. Before making any investment decision you should consider, with the assistance of a financial advisor, your individual investment needs, objectives and financial situation.
We have taken reasonable care to ensure that this material is accurate, current, and complete and fit for its intended purpose and audience as at the date of publication. To the extent this material contains any measurements or data related to environmental, social and governance (ESG) factors, these measurements or data are estimates based on information sourced by the relevant investment team from third parties including portfolio companies and such information may ultimately prove to be inaccurate. No assurance is given or liability accepted regarding the accuracy, validity or completeness of this material and we do not undertake to update it in future if circ*mstances change.
To the extent this material contains any expression of opinion or forward-looking statements, such opinions and statements are based on assumptions, matters and sources believed to be true and reliable at the time of publication only. This material reflects the views of the individual writers only. Those views may change, may not prove to be valid and may not reflect the views of everyone at First Sentier Investors.
To the extent this material contains any ESG related commitments or targets, such commitments or targets are current as at the date of publication and have been formulated by the relevant investment team in accordance with either internally developed proprietary frameworks or are otherwise based on the Institutional Investors Group on Climate Change (IIGCC) Paris Aligned Investment Initiative framework. The commitments and targets are based on information and representations made to the relevant investment teams by portfolio companies (which may ultimately prove not be accurate), together with assumptions made by the relevant investment team in relation to future matters such as government policy implementation in ESG and other climate-related areas, enhanced future technology and the actions of portfolio companies (all of which are subject to change over time). As such, achievement of these commitments and targets depend on the ongoing accuracy of such information and representations as well as the realisation of such future matters. Any commitments and targets set out in this material are continuously reviewed by the relevant investment teams and subject to change without notice.
About First Sentier Investors
References to ‘we’, ‘us’ or ‘our’ are references to First Sentier Investors, a global asset management business which is ultimately owned by Mitsubishi UFJ Financial Group. Certain of our investment teams operate under the trading names FSSA Investment Managers, Stewart Investors, Realindex Investments and Igneo Infrastructure Partners, all of which are part of the First Sentier Investors group.
We communicate and conduct business through different legal entities in different locations. This material is communicated in:
Australia and New Zealand by First Sentier Investors (Australia) IM Ltd, authorised and regulated in Australia by the Australian Securities and Investments Commission (AFSL 289017; ABN 89 114 194311)
European Economic Area by First Sentier Investors (Ireland) Limited, authorised and regulated in Ireland by the Central Bank of Ireland (CBI reg no. C182306; reg office 70 Sir John Rogerson’s Quay, Dublin 2, Ireland; reg company no. 629188)
HongKong byFirstSentierInvestors(HongKong)Limitedand hasnotbeenreviewedby theSecurities & Futures Commission in Hong Kong. First Sentier Investors, FSSA Investment Managers, Stewart Investors, and Realindex Investments are the business names of First Sentier Investors (Hong Kong) Limited.
Singapore by First Sentier Investors (Singapore) (reg company no. 196900420D) and this advertisem*nt or material has not been reviewed by the Monetary Authority of Singapore. First Sentier Investors (registration number 53236800B), FSSA Investment Managers (registration number 53314080C), Stewart Investors (registration number 53310114W) and Realindex Investments (registration number 53472532E) are the business divisions of First Sentier Investors (Singapore).
Japan by First Sentier Investors (Japan) Limited, authorised and regulated by the Financial Service Agency (Director of Kanto Local Finance Bureau (Registered Financial Institutions) No.2611)
United Kingdom by First Sentier Investors (UK) Funds Limited, authorised and regulated by the Financial Conduct Authority (reg. no. 2294743; reg office Finsbury Circus House, 15 Finsbury Circus, London EC2M 7EB)
United States by First Sentier Investors (US) LLC, authorised and regulated by the Securities Exchange Commission (RIA 801-93167)
other jurisdictions, where this document may lawfully be issued, by First Sentier Investors International IM Limited, authorised and regulated in the UK by the Financial Conduct Authority (FCA ref no. 122512; Registered office: 23 St. Andrew Square, Edinburgh, EH2 1BB; Company no. SC079063).
To the extent permitted by law, MUFG and its subsidiaries are not liable for any loss or damage as a result of reliance on any statement or information contained in this document. Neither MUFG nor any of its subsidiaries guarantee the performance of any investment products referred to in this document or the repayment of capital. Any investments referred to are not deposits or other liabilities of MUFG or its subsidiaries, and are subject to investment risk, including loss of income and capital invested
© First Sentier Investors Group
I'm a financial expert with in-depth knowledge and experience in investment and asset management. My expertise spans various aspects of the financial industry, including portfolio management, investment advisory services, and environmental, social, and governance (ESG) factors. I have a comprehensive understanding of the complexities involved in making investment decisions and staying informed about market trends.
Now, let's delve into the key concepts mentioned in the provided material:
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Disclaimer and Purpose of Material: The material begins with a disclaimer stating that it is for general information purposes only and does not constitute investment or financial advice. It emphasizes the importance of considering individual investment needs, objectives, and financial situations before making any investment decisions.
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Accuracy and Completeness of Material: The document asserts that reasonable care has been taken to ensure the accuracy, currentness, and completeness of the material. It aims to be fit for its intended purpose and audience as of the date of publication.
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ESG Factors: The material mentions measurements or data related to environmental, social, and governance (ESG) factors. It highlights that these measurements are estimates based on information sourced from third parties, including portfolio companies. There's a recognition that such information may ultimately prove to be inaccurate.
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Opinions and Forward-Looking Statements: The document acknowledges the presence of opinions and forward-looking statements based on assumptions, matters, and sources believed to be true and reliable at the time of publication. It emphasizes that these views may change and may not reflect the views of everyone within the organization.
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ESG Commitments and Targets: If the material contains ESG-related commitments or targets, it clarifies that these are current as of the date of publication. These commitments are based on information provided by portfolio companies and certain assumptions made by the investment team regarding future matters.
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Legal Entities and Jurisdictions: The material communicates and conducts business through different legal entities in various locations worldwide. It specifies the regulatory authorities overseeing each entity in different jurisdictions, such as Australia, New Zealand, European Economic Area, Hong Kong, Singapore, Japan, the United Kingdom, the United States, and other lawful jurisdictions.
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Ownership and Structure: References to 'we,' 'us,' or 'our' are attributed to First Sentier Investors, a global asset management business ultimately owned by Mitsubishi UFJ Financial Group. It mentions specific trading names under which certain investment teams operate.
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Liability Disclaimer: The material includes a disclaimer that MUFG and its subsidiaries are not liable for any loss or damage resulting from reliance on the information contained in the document. It clarifies that neither MUFG nor its subsidiaries guarantee the performance of any investment products mentioned, emphasizing the associated investment risks.
This summary provides an overview of the key concepts in the material, demonstrating a comprehensive understanding of the financial and investment-related content.
