Castlefield renames fund range adopting Thoughtful title

In response to the FCA’s Sustainability Disclosure Requirements (“SDR”), Castlefield will be re-naming its ‘Sustainable’ fund range as ‘Thoughtful’ from 2 December 2024. There will be no change to the fund’s investment process, portfolio, or risk profile.

Over recent years there’s been an increase in demand from clients globally for sustainable investment products. As a result, UK regulator the Financial Conduct Authority (FCA) has launched a new regime intended to bring greater consistency to how investment products that address sustainability themes are defined and marketed. The new regulations are called the Sustainability Disclosure Requirements (SDR). 

Castlefield is supportive of the evolution of the sustainable finance industry, and we took part in the consultation with the FCA that formed the basis of the new regulations.

Castlefield’s ‘Thoughtful Investor’ approach offers values-based investment products and services from our position as a values-based organisation. This approach encompasses the ethical and broader, non-financial values and objectives of our clients and we feel it is appropriate that this is reflected in the way we refer to our range of funds.

Castlefield worked hard with the regulator to ensure that the firm can continue to manage these strategies in the way that we have done previously while being fully compliant with the new SDR regulations.

For more information on Castlefield approach to SDR and the sustainability labels can be found here: https://www.castlefield.com/home/sustainability-disclosure-requirements-sdr/