The length of the transitional period for an Environmental, Social, and Governance (ESG) transition of an existing fund will depend on a variety of factors, including the size and complexity of the fund, the extent of the ESG changes being made, and the resources available for the transition. In general, longer transitional periods may be necessary for larger and more complex funds, or for transitions that involve significant changes to the fund’s investment strategy or holdings.

It is important to carefully plan and manage the transition period to ensure a smooth and successful transition to an ESG-focused fund. This may include setting clear goals and milestones for the transition, engaging with stakeholders such as investors and regulators, and allocating sufficient resources to support the transition.

In general, a transitional period of several months to a year may be sufficient for many ESG transitions, but the specific length of time will depend on the specific circumstances of the fund and the nature of the changes being made. It may be helpful to consult with industry experts and ESG specialists to determine the appropriate length of the transitional period for your fund.