Carmignac

Sustainable Finance Disclosures Regulation (SFDR): in practice

85% of Assets Under Management under Article 8 and 9 SFDR rules

  • Published

What is this Regulation? Who is in scope? What is it trying to achieve? What are the consequences for us? Listen to our Video designed to explain how SFDR works in practice for Active Asset Managers like Carmignac.

SFDR in few words

Effective since March 2021, SFDR aims to increase the level of transparency of sustainable investments and enables investors to compare financial products based on common criteria.


With this new regulation, asset management companies must now distinguish products promoting environmental and/or social criteria (Article 8) and those with sustainable objectives (Article 9) from other products (Article 6).

We’ve been embarking on a long journey that requires humility, determination and a sense of collective enlightenment to take action. We are ready to take responsibility and our high level of assets under management qualifying as Article 8 and 9 today highlights Carmignac’s clear commitment to sustainable investing with a target of 90% by year end.

- Maxime Carmignac

To learn more about our SRI and ESG Thematic Fund range:

Please visit our Responsible Investment webpage

The Sustainable Finance Disclosure Regulation (SFDR) 2019/2088 is a European regulation that requires asset managers to classify their funds as either 'Article 8' funds, which promote environmental and social characteristics, 'Article 9' funds, which make sustainable investments with measurable objectives, or 'Article 6' funds, which do not necessarily have a sustainability objective. For more information please refer to https://eur-lex.europa.eu/eli/reg/2019/2088/oj.

Advertising material. This material may not be reproduced, in whole or in part, without prior authorisation from the management company. It does not constitute a subscription offer, nor does it constitute investment advice. Investors have access to a summary of their rights in French, English, German, Dutch, Spanish, Italian on the following link:https://www.carmignac.com/en_US. The information contained in this material may be partial information and may be modified without prior notice. Access to the Funds may be subject to restrictions with regard to certain persons or countries. The Funds are not registered in North America, in South America, in Asia nor are they registered in Japan. The Funds are registered in Singapore as restricted foreign scheme (for professional clients only). The Funds have not been registered under the US Securities Act of 1933. The Funds may not be offered or sold, directly or indirectly, for the benefit or on behalf of a "U.S. person", according to the definition of the US Regulation S and/or FATCA. The Funds present a risk of loss of capital. The risks and fees are described in the KIIDs (Key Investor Information Document). The Funds' respective prospectuses, KIIDs and annual reports are available at www.carmignac.com or upon request to the Management Company. The KIIDs must be made available to the subscriber prior to subscription. The investor should read the KIID for further information. • Switzerland: The Fund’s respective prospectuses, KIIDs and annual reports are available at www.carmignac.ch or through our representative in Switzerland, CACEIS (Switzerland), S.A., Route de Signy 35, CH-1260 Nyon. The paying agent is CACEIS Bank, Paris, succursale de Nyon/Suisse, Route de Signy 35, 1260 Nyon. • United Kingdom: The Funds' respective prospectuses, KIIDs, NAV and annual reports are available in English at www.carmignac.co.uk, upon request to the Management Company, or, for the French Funds at the offices of the Facilities Agent at BNP PARIBAS SECURITIES SERVICES, operating through its branch in London: 55 Moorgate, London EC2R. This material was prepared by Carmignac Gestion and/or Carmignac Gestion Luxembourg and is being distributed in the UK by Carmignac Gestion Luxembourg UK Branch (Registered in England and Wales with number FC031103, CSSF agreement of 10/06/2013).