The Luxembourg Finance Labelling Agency (LuxFLAG) has announced five new investment products have been granted use of a LuxFLAG Label in the second quarter of 2024, taking the total to 278 labelled investment and insurance products, with €132bn of assets under management in the period.
The newly labelled investment products (funds) include:
- Commodity Value Chain Sustainable Investment Sub-Fund
- Schelcher Global Yield 2028
- Schelcher European Bank Bonds 2028
- Trill Impact- DWM SDGs Credit Fund
Additionally, the LuxFLAG Applicant Fund Status was awarded to Clean H2 Equipment Fund.
The full list of LuxFLAG labelled investment and insurance products is available on the LuxFLAG website.
These investment and insurance products are domiciled in seven jurisdictions: Belgium, Estonia, France, Germany, Ireland, Luxembourg, Switzerland.
LuxFLAG Labels are valid for a period of twelve months and are subject to renewal on expiry.
Labels issued by the agency fall into two categories. Impact Labels include Microfinance, Environment, Climate Finance and Green Bond; while Sustainability Transition Labels includes ESG, ESG Insurance Product, ESG Discretionary Mandate.
