Exchange-traded funds are often considered to be passive not just in their investment style but also in their whole investment approach. While methods vary widely, often, this couldn't be further from the truth. The assumption is that passives let the active funds do the hard yards of engagement and voting, but without the option to disinvest, the question of voting and engagement is even more important for ETFs. For us, that means transparency across the investment process, from detailed reporting on the positive impact of all our portfolio companies, right through to clear informat...
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