Impax Environmental Markets Plc (IEM)

Category Sector Equity Ecology

This investment trust can be held in an Investment ISA, SIPP and Investment Account

Some Investment Trusts include direct costs as part of their Ongoing charge, such as the annual management charge. For those that show Ongoing charges as 0% or a dash please review the investment literature for details on the charges that will apply. The Financial Conduct Authority will review this in 2025.

If you are unsure about the suitability of an investment you should speak to one of Fidelity’s advisers or an authorised financial adviser of your choice.

Sell

401.00p

Buy

402.00p

arrow-up0.50p (+0.13%)

Discount/Premium

-7.65%

Estimated NAV

432.596p

Prices updated at 12 Dec 2025, 16:35 GMT

Prices minimum 15 mins delay

Prices in GBX

Investment objective

To enable investors to benefit from growth in the markets for cleaner or more efficient delivery of basic services of energy, water and waste. Investments are made predominantly in quoted companies which provide, utilise, implement or advise upon technology-based systems, products or services in environmental markets, particularly those of alternative energy and energy efficiency, water treatment and pollution control, and waste technology and resource management (which includes sustainable food, agriculture and forestry).

FTSE All-Share

-0.48%

LSE

Important documents: Please ensure that you have read the Key Information Document/Technical Guide , SDR Consumer facing disclosure, Pre-sale Illustrations document & Doing Business with Fidelity document (incorporating the Fidelity Client Terms) and the fund information documents. These can be found within the Charges & documents section.

Company name

Impax Asset Management Group PLC

Legal structure

Closed Ended Investment Company

Domicile

United Kingdom

Fiscal year end

31 Dec 2025

Launch date

22 Feb 2002

Lead manager

Jon Forster

Lead manager start date

22 Feb 2002

Lead fund manager biography

Jon co-manages the Specialists strategy with Bruce Jenkyn-Jones and Fotis Chatzimichalakis. He specializes in New Energy, Water and Waste Support Services. Jon researches stocks globally with a focus on Industrials and Utilities. Jon joined Impax in August 2000. He began his career working with both private and quoted companies in 1994. Following his graduation university Jon spent four years working on acquisitions at HSBC Investment Bank. Subsequently, he spent two years as a consultant to venture capital investor Alchemy Partners with particular focus on manufacturing and resource management companies. Jon has a BSc in Management Studies from Leeds University.

Head office

Seventh Floor,

30 Panton Street

London

United Kingdom

SW1Y 4AJ

+44 (020) 39123000

-

Company website

Important Information

Investment values, and income from investments, can go down as well as up, so you may get back less than you invest. This is not a personal recommendation for a specific investment. If you're not sure which investments are suitable for you, consult Fidelity's advisers or another authorised financial adviser. The information contained herein: is proprietary to Morningstar and/or its content providers; may not be copied or distributed; and is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information.

Any ESG-related information, methodologies, tools, ratings, data and opinions contained or reflected herein are not directed to or intended for use or distribution to India-based clients or users and their distribution to Indian resident individuals or entities is not permitted, and Morningstar accepts no responsibility or liability whatsoever for the actions of third parties in this respect.