Principal adverse sustainability impacts statement

This declaration concerns Fondsmæglerselskabet Maj Invest A/S (LEI: 549300M1VQ0K5Z838B91) and applies to the reference period from 1 January 2022 to 31 December 2022. Maj Invest provides investment advisory services and portfolio management and is subject to elements of SFDR as a Financial Market Participant. Maj Invest offers mutual fund products. As the requirements concerning sustainability classification and reporting enter into force and are incorporated, Maj Invest will to a greater extent be able to apply sustainability factors to investment advisory services and portfolio management. Maj Invest’s investment teams select investments in their investment advisory and investment decision processes according to a fixed process. Sustainability factors may be one of several factors in the overall assessment, depending on the individual investment strategy. Maj Invest’s investment advisory/investment decision process typically entails norm-based screening via external consultants and the exclusion of investments based on ESG factors, as well as engagement processes via an external consultant. Maj Invest aims for the products/services offered by Maj Invest to include products/services with a higher sustainability classification (Article 8 or 9). The products/services that Maj Invest has currently classified according to SFDR, articles 8 or 9, are stated in Maj Invest’s Sustainability Risk Policy Maj Invest takes account of the most significant negative impacts of Maj Invest’s investment decisions on sustainability factors for the products/services that in Appendix1 of the Sustainability Risk Policy are classified according to SFDR, articles 8 or 9. In Appendix 1 to the policy, Maj Invest has described the key negative impacts in relation to sustainability factors, and stated how Maj Invest identifies and prioritises the key negative impacts in relation to sustainability factors. Maj Invest’s policy also presents a summary of the Active Ownership Policy (Responsible Investment) and references to international standards.