FUNDS - KBC Renta AUD-Renta
Last update on: 12/10/2017

Fundname
KBC Renta AUD-Renta

Investment Trusts
KBC Asset Management
Asset Manager
KBC Asset Management

Fund data (Fixed Income Fund)

   
Fund size

(as of 30/06/2016)

50.96 mil. AUD
Share class size

(as of 30/09/2017)

13.47 mil. AUD
ISIN LU0099232505
Fund price (as of 12/10/2017)
Offer n.s.
Bid 1,919.01 Australische Dollar

Growth (as of 12/10/2017) *

   
10 Years 70.00 %
5 Years -5.48 %
3 Years 3.46 %
1 Year -4.85 %
Current year -2.29 %
Benchmark JP Morgan Australia Government Bond Index

* in Euro (€)

Master data of Funds
ISINLU0099232505
Launch date 26/11/1999
Available in AT, BE, CZ, DE, ES, FR, LU, NL, SK
Fund type Fixed Income Fund
Kind of fund Sustainability and ethical funds / Sustainability-/ Ethical fund
Aim of investment The Sub-Fund AUD-Renta sets in on Australian dollar denominated bonds of high-quality issuers. A capital gain should be generated by the different interest rate developments: The average maturity of the bonds is adjusted to the expected interest rates
Investment strategy The selection of the bonds is based on the best-in-class approach.
Investment process The evaluation of the companies is based on a set of criteria with 5 categories: long-term economic policy, environment, corporate governance, internal social policy and human rights and international labor standards.
The country assessment includes five categories with individual criteria. These are in addition to the general economic development and stability, the socio-economic development and health status, equality, freedom and rights of the population, environmental issues and security, peace and international relations.
In both the screening of companies and screening of countries the criteria within the categories are weighted differently depending on the level of importance. Each category then flows with 20% equally weighted in the overall assessment.

The top 50% of countries will be selected from the ranking that results from the overall evaluation of. In the case of companies per industry sector, only the best 40% will be included in the investment universe. From the mining and energy only the best 20%. The bottom 10% are also excluded again.

The best-in-class approach is combined with the general exclusion criteria for KBC SRI funds. Also, the guidelines of nuclear energy by KBC AM must be met.
The SRI screening is independent from portfolio management through an internal team of analysts. The results will be submitted to an independent outside panel of leading scientists and experts from different disciplines who decide on the overall investment universe. The selection of individual stocks by the fund manager is then based on a quantitative and fundamental financial analysis.
Positive criteria none
Negative criteria for stocks and corporate bonds Governance:
- corruption and bribery
- violations of the UN Global Compact

Ethical and Social:
- gambling
- tobacco
- violations of human rights
- violations of the ILO protocol
- weapons/armaments

Other:
- business connections to countries with human rights violations
- environmental offences

Negative criteria for government bonds Ethical and Social:
- violations of human rights (countries)

Other:
- corruption

Research done by SRI-house team and external service providers: EIRIS, Asset4, SRI Ethix
 

This fund profile is aligned with the fund company.

 

 

*no exclusion but part of the analysis

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