As the Chief Business Officer at Sustainable Investment Management, a fictitious fund management firm based in Ireland that specializes in sustainable investments, you play a pivotal role on SIM’s executive team.

Your primary task is to draft a product brief for a new fund that SIM intends to launch. This brief should outline the proposed fund name, the investment proposition, and the planned classification of the fund under the EU’s Sustainable Finance Disclosure Regulation (SFDR). Additionally, the executive team seeks your guidance on the regulatory authorization process for both the fund and the fund management company (FMC), as well as on the creation of the fund’s prospectus.

SIM places a strong emphasis on environmental, social, and governance (ESG) factors in its investment strategy, which will be prominently featured in the fund’s name. The fund’s objective is to achieve returns above inflation over the medium term and will be marketed to retail investors across the EU.