For fund managers and institutional investors
Impact fund managers and institutional investors can request an Impact Fund Assessment to measure the robustness of a fund’s impact proposition.
Our Impact Fund Assessment is a powerful impact reporting service of impact measurement that elevates a fund's quality, unlocking in-depth information that allows them to reach impact due diligence and impact verification objectives.
Phenix Capital Group evaluates funds on 33 criteria split into 6 themes.Download sample report
In Phenix Capital Group's Impact Fund Assessment, funds get measured on 33 criteria, which are split into 6 themes:
Evaluating the impact intention of the fund and how this is reflected in the intentions of the fund manager's organisation as a whole through its investment activities and values.
What is the plan in order to reach the targeted impact? How are portfolio companies selected? How is the impact risk being measured and managed? Are objectives aligned with the Sustainable Development Goals (SDGs)? And what is the likelihood of reaching the objectives?
The impact measurement, to what extent the fund assesses and records the impact created, and standardised impact measurement frameworks are compared.
Whether the fund manager makes the performance of its funds publicly available, promoting accountability and access to resources for investors, members of the impact investing industry, and the public.
The integration of impact within the investment decision-making process and the inclusion of corporate responsibility practices within the portfolio and the fund manager's organisation.
Whether the fund and fund manager promote best practices and standardisation across the impact investing industry.
The Impact Fund Assessment attaches a score to each criterion while assessing the consistency and alignment of the impact proposition. At the end of the fund evaluation, the fund manager, or institutional investor, who required the assessment, will receive a scorecard with the final fund score. This scorecard also includes a benchmark score which serves as a fund comparison with other funds in a similar asset class.
Lastly, Phenix Capital Group can offer bespoke Fund Advisory services specialized in Impact Measurement and Management, to implement the impact recommendations to improve a Fund Assessment score.
The fund manager will then receive a series of recommendations and examples of how they can improve the fund evaluation score.
Our Impact Fund Assessment is a recognized impact due diligence and a fund manager can also share their fund evaluation score with interested asset owners.
The Impact Fund Assessment is much more than just a label; it is an extensive, in-depth framework that gives asset owners a thorough picture of the measures a fund has put in place to achieve a positive impact (...).
Phenix's Impact Fund Assessment helps asset owners to compare impact investment strategies and funds in a consistent way, and it sets the blueprint for asset management best practices.
The Phenix's Impact Fund Assessment is based on a real in-depth analysis of the fund`s investment strategy and not merely on the simplistic aggregation of ESG ratings of the underlying constituents. (...)