This report marks five years of the Positive Change investment strategy.
Once again, 2021 has been another tumultuous year. The global
pandemic has dragged on, with its disruptive effects compounded
by geopolitical rivalries, conflicts and natural disasters. These have
resulted in short-term investment volatility, but our focus, and that of the
companies in the portfolio, remains firmly on finding solutions to enduring
problems. In fact, amid a backdrop of uncertainty, we believe that
investing for positive change is more important and more powerful now
than ever.