Osmosis Launches the MoRE World Resource Efficiency Fund

LONDON, October 23, 2012 /PRNewswire/ --

New UCITS fund aims to deliver superior returns by identifying resource efficiency in public equities

Osmosis Investment Management has launched the first UCITS fund to directly address resource efficiency in a measurable, objective and consistent manner.  The combination of a rapidly growing population and expanding consumer classes is escalating demand for goods and services just as the constraints on resource supply are accelerating.

The efficient use of resources has always been a feature of a well-managed, forward thinking business.  However, until now, there has not been an explicit, objective metric from which resource efficiency - the ability to create more output from less input - can be identified at a company level. Osmosis has developed their Model of Resource Efficiency (MoRE) to answer this challenge.

MoRE is a quantitative process that uses public data to measure and compare resource efficiency amongst the world's largest companies.  Resource efficient companies tend to produce above average return on assets and equity, better asset yields and ultimately greater shareholder value.

The Osmosis MoRE World Resource Efficiency Fund (PGOMWFA:ID) is a long only portfolio of the most resource efficient large cap global businesses from across the worlds developed economies.

According to Gerrit Heyns, partner, Osmosis Investment Management: "Our methods are quite innovative, but our thesis is simple and intuitive; companies which are better at turning resources into revenue deliver greater shareholder value.  And our results speak for themselves."

Oxford University Endowment Management has allocated money to Osmosis.  They, like other large institutional investors that follow the Osmosis thesis, recognize that companies whose products, processes and behaviours encourage the efficient use of resources display characteristics that are attractive to investors.

The model uses the actual observed levels of water used, waste created and energy consumed in the process of generating a unit of revenue in order to determine the resource efficiency of a business.  

Mr Heyns added: "Most investors are genuinely sensitive to the concept of sustainability, but not to the detriment of investment returns. Our methodology is centred on the economic imperatives that drive sustainability. Ours is a return focused approach that provides huge sustainability benefits."

About Osmosis Investment Management

Osmosis identifies opportunities as the financial community grapples with the enormity of capital required to address the very compelling issues of constraint, consumption and environment.  Osmosis investment strategies strive to address these issues in a pragmatic, practical manner, with a philosophy based on the economic imperative that permeates global business.

Osmosis Investment Management is a UK registered (LLP) which directly and entirely owns all of the intellectual property created and utilized by the business to conduct its operations.

Disclaimer

This press release does not constitute or form part of any offer or invitation to sell or issue, or any solicitation of any offer to purchase or subscribe for, any shares of the MoRE World resource Efficiency Fund nor shall it or any part of it nor the fact of its distribution form part of or be relied on in connection with any contract or investment decision relating thereto. Any offer, invitation or solicitation shall be made solely by means of the relevant prospectus (plus any supplements thereto) and recipients of this advertisement who are considering a purchase of shares following distribution of the Prospectus are reminded that any such purchase should be made solely on the basis of the information contained in such Prospectus. This advertisement does not constitute any recommendation regarding the shares.

The communication of this press release (or any other document issued in connection with the offer and sale of the shares) must not be acted upon or relied upon by persons who are not professional clients or eligible counterparties under the rules of the FSA. Persons distributing this press release must satisfy themselves that it is lawful to do so. All applicable provisions of the FSMA must be complied with in respect of anything done in relation to the shares in, from or otherwise involving the United Kingdom.

This is not an offer of shares for sale in the United States. The shares have not been and will not be registered under the US Securities Act or any other applicable law of the United States. The shares are being offered and sold only outside the United States to non-US persons in reliance on the exemption from registration provided by Regulation S of the US Securities Act. Osmosis has not been nor intends to become registered as an investment company under the United States Investment Company Act of 1940 (the "Investment Company Act") and related rules. Neither the shares nor any beneficial interest therein may be reoffered, resold, pledged or otherwise transferred in the United States or to US persons. If an Issuer determines that any holder of shares is a US Person or any holder of shares is a Prohibited US Person (being a US Person who is not a "qualified purchaser" as defined in the Investment Company Act), the Issuer may redeem the shares held by that Holder in accordance with the provisions described in the Prospectus. Neither may the shares be purchased with plan assets of any "employee benefit plan" within the meaning of section 3(3) of the United States Employee Retirement Income Security Act of 1974, as amended ("ERISA"), any "plan" described in section 4975(e)(1) of the United States Internal Revenue Code of 1986, as amended (the "Code") or any entity whose underlying assets include "plan assets" of any of the foregoing by reason of an employee benefit plan's or other plan's investment in such entity, which employee benefit plan, plan or entity is subject to Title I of ERISA or section 4975 of the Code or any United States Federal, state, or local law or non-United States law that is substantially similar to the prohibited transaction provisions of section 406 of ERISA or section 4975 of the Code (any such employee benefit plan, plan or entity, a "Prohibited Benefit Plan Investor"). If the Issuer determines that any Holder is a Prohibited Benefit Plan Investor, the Issuer may redeem the Securities or Shares held by that person in accordance with the provisions described in the relevant Prospectus.

Osmosis Investment Management LLP is authorised and regulated by the Financial Services Authority ("FSA").