SUSTAINABILITY

No consideration of adverse impacts of investment decisions on sustainability factors

Logos does not currently consider the adverse impacts of our investment decisions on sustainability factors as defined by Article 4 of the EU Sustainable Finance Disclosure Regulation (SFDR).

We do, in our view, currently not have the means to obtain or measure all the data that would need to be reported under the SFDR, or to do so systematically, consistently and at a reasonable cost across our Fund’s portfolio. This is partly because small and medium size companies are generally not required to report this data and may not currently do so. This is because taking on the burden of reporting required data in line with the SFDR would have negative effects on resources available to find and research new, and monitor existing, portfolio positions. Given that Logos Investment Management B.V., and Logos Fund are not promoting environmental or social characteristics, nor pursue sustainable investment objectives,  we currently find associated costs for reporting required data under SFDR too high.

We currently do not plan to incorporate consideration of adverse impacts of our investment decisions on sustainability factors, as defined by Article 4 of the EU Sustainable Finance Disclosure Regulation (SFDR), in our investment decisions in the future. We will continue to monitor the situation and will re-evaluate our approach whenever circumstances change related to our reasons for not considering the adverse impacts of our investment decisions on sustainability factors. As soon as we start considering adverse sustainability impacts of our investment decisions on sustainability factors, we shall disclose the relevant information to investors and on our website.

Remuneration Policy

The Manager receives, dependent on the class, an annual management fee based on the committed capital of the investor and/or a performance fee. Given that risk management, including the control of sustainability risks, is an integral part of the investment and selection policy, Logos ensures that irresponsible risk-taking is discouraged and mitigated.

In the link below, you will find the latest version of Logos Investment Management B.V.’s Sustainability-related disclosure

Sustainability related disclosure Logos Investment Management B.V.