7 min read
What You Need to Know About SFDR Article 8 Funds
Article 8 fund flows rebounded in the first quarter, netting EUR 14 billion of new money. See what’s behind the trend.
What Are the Requirements for Article 8 Funds?
Why Did Investors Pour Money Into Article 8 Funds in Q1?
![Chart showing the net flows into Article 8, Article 9, and Article 6 funds per asset class.](/content/cs-images/v3/assets/blt9415ea4cc4157833/blt561844cb172303c7/66607e65ca40f9405364bd26/ESG-Article-8-Fund-Flows.png?format=webp&auto=webp&disable=upscale&width=null)
Source: Morningstar Direct. Data as of March 2024. Based on SFDR data collected from prospectuses on 98% of funds available for sale in the EU, excluding money market funds, funds of funds, and feeder funds.
What Proportion of Funds Are Article 8?
![Proportion-Article-8-9-Funds-Chart.png](/content/cs-images/v3/assets/blt9415ea4cc4157833/blt25ac940a9b809d2e/66607ed2061e93a9ca290221/Proportion-Article-8-9-Funds-Chart.png?format=webp&auto=webp&disable=upscale&width=null)
Source: Morningstar Direct. Assets as of March 2024. Based on SFDR data collected from prospectuses on 98% of funds available for sale in the EU, excluding money market funds, funds of funds, and feeder funds.
How Many Article 8 Funds Launched in 2023?
![Chart showing the quarterly number of Article 8 and 9 fund launches, from 2021 through 2024.](/content/cs-images/v3/assets/blt9415ea4cc4157833/blt9de72310c87fdef3/66607f1dd52e44b8e4ac825b/Article-8-Fund-Launches.png?format=webp&auto=webp&disable=upscale&width=null)
Quarterly number of fund launches. Source: Morningstar Direct. Data as of March 2024. Based on SFDR data collected from prospectuses on 98% of funds available for sale in the EU, excluding money market funds, funds of funds, and feeder funds.