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Arman Vardanyan, Fund Manager, Absolute Portfolio Management Luxembourg, 4 November 2011. Absolute Portfolio Management – investment management company, specialist in alternative investments and microfinance. Dual Return Fund Key Social Performance Facts:
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Arman Vardanyan, Fund Manager, Absolute Portfolio Management Luxembourg, 4 November 2011 Absolute Portfolio Management – investment management company, specialist in alternative investments and microfinance.
Dual Return Fund Key Social Performance Facts: • 96% of MFIs have a written, formal social responsibility policy or code of conduct • 83% of the MFIs provides good-quality social information to its stakeholders through a diversified range of communication channels (MIX Market etc.) • 95% of MFIs strive to promote diversity among loan officers and hire staff that reflects the clients served • 82% of MFIs have an exclusion list on lending • 83% of MFIs implement a rigorous system to determine a client’s level of indebtedness • 90% of MFIs have fair and not coercive collection policies • Source: Symbiotics Social Responsibility Assessment
Social Responsibility Report (the Symbiotics social rating tool) • 100 indicators in line with industry standards, the MIX, UN Reporting Initiative • Social governance • Labor climate • Financial inclusion • Client protection • Product quality • Community engagement • Environmental policy
Regular communication: • Monthly fund factsheets and country reports • Monthly institutional investor report (incl. Social impact) • Fund updates and articles in the media • Website: www.visionmicrofinance.com • Communication material: brochures, leaflets, etc. • Customized replies to investors’ enquiries