Investors say that reclassifying funds from Article 9 to Article 8 allows them more choice to invest where they see fit
The reclassification of funds has picked up again in recent months, after the EU’s Sustainable Finance Disclosure Regulation came into force in March 2021, according to a recent Morningstar review of the SFDR’s Article 9 and Article 8 funds. Nearly 280 funds were identified by the report as having been reclassified, the majority of which moved from Article 8 to Article 6 status.
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