Sustainably managed investment funds or similar investment vehicles of all asset classes can apply for the FNG-Label, provided they comply with the UCITS or an equivalent standard and are authorized for distribution in at least one of the following countries: Germany, Austria, Switzerland or Liechtenstein.
The Label requires the fulfillment of certain minimum requirements. To be awarded the Label, the product has to meet all minimum requirements. Candidates that apply for both the minimum requirements and the grading model may achieve up to three stars in the grading model signaling varying levels of quality. The number of stars awarded depends on the number of percentage points achieved in the grading model.
In order to be reviewed and assessed, the information for all the applicable requirements (minimum and grading model) must be submitted online by 07.07.2023.
As stated in the rules of procedure, the assessment team from Prof. Dr. Timo Busch has the right to request additional documents in order to verify the product’s compliance with the Label’s criteria.