Our mission

Within DSTF, we distinguish six domains of sports technology:

The Fund Manager is aware of the importance of sustainability and the role that the financial sector plays in this regard. However, the Fund Manager does not specifically focus on sustainable investments or on promoting environmental or social characteristics. As a result, the Fund does not promote environmental or social characteristics (as referred to in Article 8 SFDR), nor does it have a sustainable investment objective (as referred to in Article 9 SFDR). The underlying investments of this financial product do not take into account the EU criteria for environmentally sustainable economic activities. In accordance with the SFDR, the Fund Manager has considered whether the effects of material sustainability risks on the value of the Fund’s investments should be taken into account.

A “sustainability risk” (as defined in the SFDR) is an environmental, social, or governance event or circumstance that, if it occurs, could have an actual or potential material negative impact on the value of the investment. These risks include, but are not limited to, transition risks and physical risks resulting from climate change, depletion of natural resources, waste intensity, staff retention, turnover and unrest, supply chain disruption, corruption and fraud, and violations of human rights. A trend in sustainability risks may arise and affect a specific investment or have a broader impact on an economic sector, geographic area, or political region or country. The consequences of the occurrence of a sustainability risk can be numerous and vary depending on the specific risk, the region, and the asset class.

This statement relates to the requirements as set out in the SFDR regarding the consideration of principal adverse impacts of investment decisions on sustainability factors. Under the SFDR, principal adverse impacts are understood to mean: those effects of investment decisions and advice that result in negative consequences for sustainability factors.

The Fund Manager does not take into account the adverse impacts of investment decisions on sustainability factors and therefore does not prepare an annual so-called “principal adverse sustainability impact statement” (PAI statement). The Fund does not promote environmental or social characteristics and does not have sustainable investments as its objective. Therefore, the Fund does not actively seek to mitigate adverse impacts on sustainability factors.

In addition, taking into account the adverse impacts of investment decisions on sustainability factors would require the Fund Manager to obtain the necessary information to be able to report on these factors. The Fund Manager believes that there is currently insufficient reliable data available to determine the potential negative effects of its investments with regard to sustainability.

The Fund Manager is of the opinion that, also in view of the nature, scale, and the stage in which the Fund Manager finds itself (managing a single fund without promoting sustainable factors), the costs of including sustainability-related adverse impacts in the investment process do not outweigh the expected benefits. At this stage, the Fund Manager does not take into account principal adverse impacts of investment decisions on sustainability factors within the meaning of the SFDR regulation.

The above does not prevent the Fund Manager from reconsidering the decision not to take into account adverse impacts of investment decisions on sustainability factors should relevant circumstances arise. For example, if the majority of investors value the consideration of adverse impacts of investment decisions on sustainability factors (and thus a PAI statement). At the time of publication of this information, however, this is not expected.