Real Assets

Real Assets

We build future energy systems and resilient infrastructure, backing emerging opportunities in technology, land and water.

Latest news

News

Foresight welcomes TPG Rise Climate as majority shareholder in Kinetic

Latest news

News

Foresight welcomes TPG Rise Climate as majority shareholder in Kinetic

Featured insight

Insights

Investing in light: building the foundations of the photon economy

Skip to main content


WHEB Sustainable Impact Fund (ICAV)

A premium sustainability impact product focused on achieving attractive financial returns by investing in companies that provide solutions to critical social and environmental challenges. Reports & Documents
white-background dynamic-Image RippleV1-R1 RippleV1-R2 RippleV1-R3
icon
Introduction

The WHEB Sustainable Impact Fund invests in companies selling products and services that help to meet these challenges. We invest in high quality, innovative businesses that can turn these growing cashflows into profits that provide an attractive return for our investors.

Launch date

4/12/2020

Holdings

40-60

Fund type

ICAV / UCITS

Fund size

£9m

as at 31/8/25

Overview

Fund objective

The investment objective of the fund is to achieve capital growth over five years, investing globally in the shares of companies that provide solutions to sustainability challenges and falling within certain sustainable investment themes.

Why does it matter?

The global economy is in the early stages of a transition to a zero-carbon, nature positive and more sustainable system. Technologies and business models that stabilise the climate and support biodiversity are becoming more prevalent. At the same time, demand is growing for better healthcare and healthier lifestyles that support ageing populations. The WHEB Sustainable Impact Fund invests in these ‘industries of the future’ who we believe are poised for long-term growth by meeting these critical social and environmental challenges.

SFDR Article 9 fund

The WHEB Sustainable Impact Fund is an SFDR Article 9 fund which means it has a clear sustainability objective incorporating both environmental and social aims and meets sustainability-related disclosure and reporting requirements.

Reports & Documents

Dec 2024
Impact Report
Nov 2021
Impact investing in listed equities – WHEB’s perspective
Oct 2024
From Obstacles to Outcomes: Enhancing effectiveness in stewardship and engagement
Oct 2025
Ethical Outcomes from Impact Investing – the WHEB approach
Dec 2023
Stewardship Report
Jun 2025
Prospectus
Jun 2025
Supplement
Company Profile

First Solar

Sector: Cleaner Energy
Region: US

First Solar is a US-based manufacturer of solar photovoltaic (PV) panels. Headquartered in Arizona, the company is the leading supplier of thin-film modules that are used primarily in utility-scale and commercial power plants.

Investment thesis: First Solar modules are the key element in a solar farm and represent a critical technology in decarbonising the global economy. Solar PV is a near-zero emission technology with a dramatically lower carbon footprint than traditional power generation technologies.

white-background dynamic-Image
Company Profile

Thermo Fisher

Sector: Health
Region: US

Thermo Fisher is one of the largest suppliers of analytical instrument, equipment, consumables and software for healthcare and environmental research, analysis, discovery and diagnostics.

Investment thesis: Thermo Fisher’s products are essential in enabling healthcare customers to develop and manufacture healthcare therapies, to analyse environmental quality and to diagnose disease.

Thermo Fisher has established an extremely strong competitive position in a market that is dominated by 3-4 large players.

white-background dynamic-Image
Company Profile

Xylem

Sector: Water Management
Region: US

Xylem manufactures a wide range of products and provides services to the water industry. The company’s water infrastructure business provides a range of pumps, filtration and testing and treatment equipment to water utilities.

Investment thesis: The company also supplies commercial, residential markets with water and wastewater systems, and provides measurement and control solutions. Xylem’s strategy is characterised by the application of intelligent technology to improve water efficiency, in products such as smart meters and intelligent monitoring equipment.

white-background dynamic-Image
Contact us

Find out more about our funds

white-background dynamic-Image RippleV1-R1 RippleV1-R2 RippleV1-R3

News & Insights

Important Information

An investment in the WHEB Sustainable Impact Fund and the WHEB Environmental Impact Fund (together the “Funds”) should be considered a longer-term investment that may be higher risk. Portfolio holdings are subject to change without notice.

Your capital is at risk. The value of units in the Funds 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 reliable guide to future results. For full risks and investor rights, please see the relevant prospectus and Key Investor Information Document for the fund information.

Foresight Group LLP does not offer legal, tax, financial or investment advice and the information on this website should not be construed as such. We recommend investors seek advice from a regulated financial adviser. The opportunity described in this document may not be suitable for all investors. Any such investment decision should be made only on the basis of the Fund scheme documents and appropriate professional advice.

Foresight Group LLP acts as investment manager and is authorised and regulated by the Financial Conduct Authority with Firm Reference Number 198020 and has its registered office at The Shard, 32 London Bridge Street, London SE1 9SG.

The Manager of the Funds is FundRock Management Company S.A., authorised and regulated by the Luxembourg regulator to act as UCITS management company and has its registered office at Airport Center Building, 5, Heienhaff, L-1736 Senningerberg, Luxembourg.

We respect your privacy and are committed to protecting your personal data. If you would like to find out more about the measures, we take in processing your personal information, please refer to our privacy policy, which can be found at http://www.foresight.group/privacy-policy.