20 November 2023 – Changes to the investment policies and SFDR RTS Annexes of 21 Threadneedle (Lux) and Columbia Threadneedle (Lux) sub-funds

Effective 20 November, changes will be made to the investment policies and SFDR RTS Annexes (pre-contractual disclosures) of the following Threadneedle (Lux) and Columbia Threadneedle (Lux) sub-funds:

1. Threadneedle (Lux) Asia Equities
2. Threadneedle (Lux) European Select
3. Threadneedle (Lux) European Smaller Companies
4. Threadneedle (Lux) Global Equity Income
5. Threadneedle (Lux) Global Focus
6. Threadneedle (Lux) Global Select
7. Threadneedle (Lux) Pan European Smaller Companies
8. Threadneedle (Lux) European High Yield Bond
9. Threadneedle (Lux) American Smaller Companies
10. Threadneedle (Lux) Global Smaller Companies
11. Threadneedle (Lux) American
12. Threadneedle (Lux) American Select
13. Threadneedle (Lux) Pan European Small Cap Opportunities
14. Threadneedle (Lux) UK Equities
15. Threadneedle (Lux) European Corporate Bond
16. Threadneedle (Lux) Global Corporate Bond
17. Threadneedle (Lux) US Contrarian Core Equities
18. Threadneedle (Lux) Global Emerging Market Equities
19. Threadneedle (Lux) Pan European ESG Equities
20. Threadneedle (Lux) European Social Bond
21. Columbia Threadneedle (Lux) Sustainable Outcomes Global Equity

For Funds 1-10 (as numbered above), the investment policies and SFDR RTS Annexes will be amended to introduce additional measures that support the promotion of environmental and social characteristics. The Funds will continue to be categorised as Article 8 under SFDR. For Funds 1-8, additional changes are also being made to highlight Columbia Threadneedle’s commitment to the Net Zero Asset Managers Initiative (NZAMI), which includes these Funds.

For Funds 11-18 (as numbered above), the investment policies will be amended and new SFDR RTS Annexes included to introduce the promotion of environmental and social characteristics. The changes will result in the Funds being categorised as Article 8 under SFDR. For Funds 11-16, additional changes are also being made to highlight Columbia Threadneedle’s commitment to the Net Zero Asset Managers Initiative (NZAMI), which includes these Funds.

For Threadneedle (Lux) Pan European ESG Equities, the investment policy and SFDR RTS Annex will be amended to provide additional clarity and information on the various responsible investment measures that are embedded into the existing investment decision-making process and to introduce additional measures that support the promotion of environmental and social characteristics. The Fund will continue to be categorised as Article 8 under SFDR. Additional changes are also being made to highlight Columbia Threadneedle’s commitment to the Net Zero Asset Managers Initiative (NZAMI), which includes this Fund.

For Threadneedle (Lux) European Social Bond and Columbia Threadneedle (Lux) Sustainable Outcomes Global Equity, the investment policies and SFDR RTS Annexes will be amended to allow the Funds to be re-categorised from Article 8 to Article 9 under SFDR. Additional changes are also being made to highlight Columbia Threadneedle’s commitment to the Net Zero Asset Managers Initiative (NZAMI), which includes these Funds.

Further information can be found in the below. Please refer to the numbered fund list above for the corresponding letter.

Shareholder Letter (Funds 1-8)

Shareholder Letter (Funds 9-10)

Shareholder Letter (Funds 11-16)

Shareholder Letter (Funds 17-18)

Shareholder Letter (Fund 19)

Shareholder Letter (Fund 20)

Shareholder Letter (Fund 21)