Driehaus Emerging Markets Sustainable Equity Fund

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10 May 2021
SFDR classification
Article 8
Global Emerging Markets Equity
Investment Style
Large Growth
Fund Size


The Fund’s Sub-Investment Manager, Driehaus Capital Management LLC, is a privately-held boutique asset management firm located in Chicago, USA. The firm was founded in 1982 and has USD 10 billion of assets under management.

The investment style is a bottom-up growth equity investment approach. The strategy exploits equity market inefficiencies that materialize following inflection points, combining fundamental, behavioural, and macro analysis as well as integrating environmental, social and governance (“ESG”) criteria as part of the investment research process. The approach focuses on companies with strong or improving ESG attributes and growth opportunities tied to social and environmental solutions, and robust governance structures. It also includes evaluating fundamental factors relating to the companies such as the competitiveness of the relevant industry, the company’s business model, recent and projected financial metrics and upcoming product releases to be introduced by the company. Macro-economic or country specific analyses are also utilised to evaluate the sustainability of a company’s growth rate.

Key stats

The below shows the information for the share class selected in the drop down box directly below the name of the fund. You can use the drop down box to view information relating to other share classes listed in the fund. A full list of all currency share classes is available on request.

Sub-Investment Manager

Driehaus Capital Management

Investment Team Location

Chicago, Illinois, USA


Active with reference to a benchmark



Fund Size


Fund Launch

25 June 2012

Fund Status

Open to all investors

Share Class Launch

25 June 2012

Share Class Status

Open to existing investors

Fund Currency

US Dollar

Share Class CCY


Management Fee


Min. Investment


Fund Type





BBH Fund Administration Services (Ireland) Ltd


BBH Trustee Services (Ireland) Ltd


Grant Thornton

Dealing Frequency






Risk Management

Lower RiskHigher Risk



Past performance is no guide to future performance and the value of investment and income from them can fall as well as rise.

Driehaus Emerging Markets Equity Fund Q1 2021 Webcast

Top Ten Holdings

As of 31 March 2021
NameGicsCountryWeight %
1Tencent Holdings LtdCommunication ServicesChina6.6
2Taiwan Semiconductor Manufacturing Co Ltd ADRInformation TechnologyTaiwan6.2
3Samsung Electronics Co LtdInformation TechnologySouth Korea5.7
4HDFC Bank Ltd ADRFinancialsIndia2.2
5Alibaba Group Holding Ltd ADRConsumer DiscretionaryChina2.1
6L'Oreal SAConsumer StaplesFrance2.0
7ASML Holding NVInformation TechnologyNetherlands1.7
8ICICI Bank Ltd ADRFinancialsIndia1.7
9Tata Consultancy Services LtdInformation TechnologyIndia1.6
10Country Garden Services Holdings Co LtdIndustrialsChina1.6

Fund Manager

Richard Thies
Lead Portfolio Manager Read More


Heptagon Capital Limited, Heptagon Capital LLP and its Partners disclaim any and all liability relating to these materials, including, without limitation, any express or implied representations or warranties for statements or errors contained in, and omissions from, these materials. Certain assumptions have been made, and/or parameters set, in the preparation of these materials which have resulted in the returns detailed herein, and no representation or warranty is made that any returns indicated will be achieved. Changes to assumptions or parameters may have a material impact on the returns detailed. This document should not be considered an offer to buy or sell investments. Heptagon Capital Limited has issued this communication as investment manager for Heptagon Fund PLC, and is licenced to conduct investment services by the Malta Financial Services Authority.

Heptagon Capital LLP, acting as Distributor, is authorised and regulated in the UK by the Financial Conduct Authority.

Representative and Paying Agent in Switzerland is Société Générale, Paris, Zurich branch, Talacker 50, PO Box 1928, 8021 Zurich, Switzerland. The prospectus, the key investor information document, the Articles and the annual and semi-annual reports are available free of charge from the Swiss representative.

The results given herein are based solely upon historical fund performance as gathered and supplied by Morningstar. That past performance has not been independently verified by either Heptagon Capital Limited or Heptagon Capital LLP. It is not intended to predict or depict the future performance of any investment. Past performance is not necessarily indicative of future returns.

The information contained herein is provided for informational purposes only, is not complete, and does not contain certain material information about the funds, including important disclosures and risk factors associated with an investment in the funds. Before making an investment in any fund, prospective investors are advised to thoroughly and carefully review the fund’s private placement memorandum with their financial, legal and tax advisors to determine whether an investment is suitable for them. An investment in these funds is not suitable for all investors.

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