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Stewardship code

Stewardship is the responsible allocation, management and oversight of capital to create long-term value for clients and beneficiaries, leading to sustainable benefits for the economy, the environment and society. Environmental, particularly climate change and social factors, in addition to governance, have become material issues for investors to consider when making investment decisions and undertaking stewardship.

Progeny Asset Management is not a signatory of the Code at this juncture. However, it seeks to apply the principles where relevant in its day-to-day operations and as part of our ethos and governance and aim to become signatories in the future.

This communication is not investment advice. The value of investments and income from them is not guaranteed, can fall, and you may get back less than you invested. Your capital is therefore always at risk. Past performance is not a guide to future performance. If you invest in currencies other than your own, fluctuations in currency value will mean that the value of your investment will move independently of the underlying asset.