At The Labrusca Family Office we are first and foremost stock-pickers searching for stocks that will qualify for our portfolio. This has consequences for the principles behind Code of Conduct in the Labrusca Fund.

History is not necessary a suitable guide for future behavior. We also think that ethical events have different degree of seriousness, so it would be wrong to categorize them. Therefore, a list of unethical stocks or companies would not make sense in our work. Instead of relying on a list of different factors produced by somebody else - we exercise our own judgement on ethical matters.

Our aim is to capture the ethical aspects of an investment in the research process. After all, examining ethical issues are a natural part of the research process. Unethical behavior often has economic consequences which would be captured in the analytical framework. This could per definition make the investment less attractive.
When we encounter a potentially unethical situation in our portfolio or in a research case, we will take the following action:

1. Establish facts from different news sources
2. Investigate the issue with the Management of the company
3. Register the reaction from the UN / UN related organizations such as UNPRI

We know from experience how the media and special interest organizations can have an influence on the public opinion, and in some cases those conclusions differ from the objective reality. To be able to make a fair and accurate decision based on facts, we will not set a time limit on our investigation.