Triodos Microfinance Fund obtains LuxFLAG Microfinance Label

06-10-2010 |

Triodos SICAV II-Triodos Microfinance Fund has obtained the LuxFLAG Microfinance Label. The purpose of the Label is to promote the raising of capital in microfinance by reassuring investors that the MIV really invests in microfinance. The LuxFLAG Microfinance Label is intended for MIVs which have a commercial objective.

About LuxFLAG

The Luxembourg Fund Labelling Agency (LuxFLAG) is an independent, non profit making, association that aims to promote the raising of capital for microfinance by awarding a recognisable label to eligible Microfinance Investment Vehicles (MIV). Its objective is to reassure investors that the MIV actually invests, directly or indirectly, in the microfinance sector. The MIV may be domiciled in any jurisdiction that is subject to a level of national supervision equivalent to that available in European Union countries.

About Triodos SICAV II-Triodos Microfinance Fund

Triodos Microfinance Fund aims to increase access to financial services for the working poor in developing countries. The Fund was launched in March 2009 and is open to institutional investors, private banking clients and high net worth individuals across Europe. At 30 September 2010 the fund’s total assets were EUR 53 million.