WHEB’s mission is to advance sustainability and create prosperity through positive impact investments. This applies to our business as a whole, not just to our investment strategy. We have certified as a B Corporation because we are committed to creating value for those who work here as well as our governance, communities, environment, customers and owners.
We strongly believe that it should be the right of all workers to receive a wage they can live on, which is why we are committed to ensuring that everyone working for us will earn a real Living Wage. This commitment applies not just to directly employed staff, but also to our third party contracted staff, such as contract cleaners and others involved in managing our offices and the environment we work in.
The Living Wage is higher than the government’s minimum (or National Living Wage) and is an independently calculated hourly rate of pay based on the actual cost of living. There is a higher rate applicable to London to reflect the higher costs of living in the capital. We believe that the difference between paying the National Minimum Wage and the Living Wage is the difference between what is legally required and what is ethically right.
By becoming accredited we have joined more than 4,000 organisations who voluntarily choose to pay the real Living Wage, because we believe collectively that a hard day’s work deserves a fair day’s pay.
If you would like to learn more about the Living Wage, please click here, where there is further detailed information and news from the Living Wage Foundation, which explains how together Living Wage Employers seek to achieve basic fairness for their workers.
Risks include: the price of shares (“Shares”) in FP WHEB Sustainability Fund (“Fund”) may increase or decrease and you may not get back the amount originally invested, for reasons including adverse market and foreign exchange rate movements. Past performance is not a guide to future returns. The Fund invests in equities and is exposed to price fluctuations in the equity markets, and focuses on investments in mid-sized companies in certain sectors so its performance may not correlate closely with the MSCI World Index (the Fund’s benchmark). For full risks, please see fund prospectus on www.whebgroup.com.
General: This blog, its contents and any related communication (altogether, the “Blog”) is issued by WHEB Asset Management LLP (“WHEB Asset Management”). It is intended for information purposes only and does not constitute or form part of any offer or invitation to buy or sell any security including any shares in the FP WHEB Sustainability Fund, including in the United States. It should not be relied upon to make an investment decision in relation to Shares in the FP WHEB Sustainability Fund or otherwise; any such investment decision should be made only on the basis of the Fund scheme documents and appropriate professional advice. This Blog does not constitute advice of any kind, investment research or a research recommendation, is in summary form and is subject to change without notice. The performance shown does not take account of any commissions and costs charged when subscribing to and redeeming shares. WHEB Asset Management has exercised reasonable care in preparing this Blog including using reliable sources, however, makes no representation or warranty relating to its accuracy, reliability or completeness or whether any future event may or may not occur. This Blog is only made available to recipients who may lawfully receive it in accordance with applicable laws, regulations and rules and binding guidance of regulators. WHEB Asset Management LLP is registered in England and Wales with number OC 341489 and has its registered office at 7 Cavendish Square, London, W1G 0PE. WHEB Asset Management LLP is authorised and regulated by the Financial Conduct Authority with Firm Reference Number 496413. FundRock Partners Limited (formerly Fund Partners Limited) is the Authorised Corporate Director of the Fund and is authorised and regulated by the Financial Conduct Authority with Firm Reference Number 469278 and has its registered office at 8-9 Lovat Lane, London EC3R 8DW. The state of the origin of the Fund is England and Wales. The Representative in Switzerland is ACOLIN Fund Services AG, Affolternstrasse 56, CH-8050 Zurich, whilst the Paying Agent is Bank Vontobel Ltd, Gotthardstrasse 43, CH-8022 Zurich. The relevant documents such as the prospectus, the key investor information document (KIIDs), the Articles of Association as well as the annual and semi-annual reports may be obtained free of charge from the representative in Switzerland.
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