FUNDS - Candriam Sustainable Euro Short Term Bonds
Last update on: 23/05/2018

Fundname
Candriam Sustainable Euro Short Term Bonds

Investment Trusts
Candriam Investors Group (former Dexia)
Emittent
Candriam Belgium
Asset Manager
Candriam Investors Group (former Dexia)

Fund data (Fixed Income Fund)

   
Fund size

(as of 30/04/2018)

74.91 mil. EUR
Share class size

(as of 30/04/2018)

22.61 mil. EUR
ISIN BE0945490317
Fund price (as of 23/05/2018)
Offer n.s.
Bid 253.85 Euro

Growth (as of 23/05/2018) *

   
10 Years 15.00 %
5 Years 1.43 %
3 Years -0.42 %
1 Year -0.57 %
Current year -0.42 %
Benchmark iBOXX Euro 1-3y

* in Euro (€)

Master data of Funds
ISINBE0945490317
Launch date 10/10/2005
Available in AT, BE, CH, DE, ES, FR, IT, LU, NL, SE
Fund type Fixed Income Fund
Kind of fund Sustainability and ethical funds / Sustainability-/ Ethical fund
Aim of investment The aim of the sub-fund is to enable shareholders to benefit from trends in euro-denominated bonds, especially with short-term duration, by investing in the stocks whose issuers are selected by the manager on the basis of their expected return and according to socially responsible or sustainable criteria.

Investment strategy Dexia Sustainable Euro Short Term Bonds, a subfund of the sicav Dexia Sustainable, invests mainly in fixed or variable income securities or similar securities, denominated in EUR. Assets possibly denominated in currencies other than the EUR are subject to an adequate hedge. Investment strategy prefers a relatively short average duration. Investments are principally made in securities issued by governments, public sector, private sector and/or supranational institutions.
Investment process The selection is based on financial analyses and 'extra-financial' assessment founded upon social, environmental & ethical considerations, in order to constitute a socially responsible investment.
Positive criteria n.s.
Negative criteria for stocks and corporate bonds Governance:
- corruption and bribery
- violations of the UN Global Compact

Ethical and Social:
- alcohol/spirits
- exploitative child labour
- gambling
- weapons of mass destruction (ABC/CBRN)
- pornography
- cluster bombs and anti-personnel mines
- tobacco products
- animal experimentation
- violations of human rights
- violations of the ILO protocol
- weapons/armaments

Environment:
- chlorine or agrochemicals (e.g. biocides)
- fossil fuels*
- genetic engineering (agriculture)
- nuclear energy (operation or component manufacture)

Other:
- environmentally harmful conduct*

Negative criteria for government bonds Ethical and Social:
- child labour (countries)
- death penalty*
- dependent countries, according to Freedom House
- violations of human rights (countries)
- violations of employment law
- violations of Non-Proliferation Treaty of Nuclear Weapons (countries)
- violations of non-proliferation treaties of non-nuclear weapons (countries)

Environment:
- non-ratification of the UN Convention on Biological Diversity
- non-ratification of the Kyoto Protocol
- non-ratification of the Cartagena Protocol on Biosafety

Other:
- high military budget*
- nuclear energy by share of gross energy production
- corruption*

Research done by Ethibel
 

 

 

*no exclusion but part of the analysis

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