LuxFLAG has announced that two investment funds have been granted a LuxFLAG Label for the first time, both effective from April 2016:
• Central American Timber Fund has been granted the LuxFLAG Environment Label;
• GLS Alternative Investments - Mikrofinanzfonds has been granted the LuxFLAG Microfinance Label.
LuxFLAG has also renewed the Microfinance Label for the following 14 Microfinance Investment Vehicles (MIV) as of April 2016. These are:
1. Dual Return Fund-Vision Microfinance
2. Fefisol
3. EU Microfinance Platform
4. KCD III - Universal
5. Luxembourg Microfinance and Development Fund
6. Regional MSME Investment Fund for Sub-Saharan Africa SA
7. responsAbility Global Microfinance Fund
8. responsAbility SICAV (Lux) - Mikrofinanz-Fonds
9 . responsAbility SICAV (Lux) - Microfinance Leaders
10. responsAbility SICAV (Lux)- Financial inclusion fund
11. Rural Impulse Fund S.A.SICAV-SIF
12. Rural Impulse Fund II S.A. SICAV-SIF
13. SEB Microfinance Fund
14. The European Fund for Southeast Europe SA, SICAV-SIF
Altogether, LuxFLAG has issued 45 investment fund Labels worth over USD 11.6 billion Assets under Management as of April 2016:
• 27 investment funds representing approximately USD 5.9 bn in AuM have been granted the use of the LuxFLAG Microfinance Label;
• 9 investment funds representing approximately USD 2.8 bn in AuM have been granted the use of the LuxFLAG Environment Label;
• 9 investment funds representing approximately USD 2.9 bn in AuM have been granted the use of the LuxFLAG ESG Label.
