FUNDS - PRIMA - Global Challenges A
Last update on: 29/10/2021

PRIMA - Global Challenges A

Investment Trusts
IPConcept (Luxemburg) S.A.
PRIMA Fonds Service GmbH
Asset Manager
ACATIS Investment GmbH

Fund data (Equity Fund)

Fund size

(as of 30/09/2021)

132.50 mil. EUR
Share class size

(as of 30/09/2021)

84.60 mil. EUR
ISIN LU0254565053
Fund price (as of 29/10/2021)
Offer 237.17 EUR
Bid 225.31 EUR

Growth (as of 29/10/2021) *

10 Years 191.00 %
5 Years 86.18 %
3 Years 62.29 %
1 Year 31.28 %
Current year 16.27 %
Benchmark MSCI World Euro

* in Euro (€)

Master data of Funds
Launch date 01/08/2006
Available in AT, DE, LU
Fund type Equity Fund
Kind of fund Sustainability and ethical funds / Sustainability-/ Ethical fund
Aim of investment The PRIMA - Global Challenges tracks the Global Challenges Index (GCX) of the Stock Exchange from Hannover; while maintaining an appropriate risk-spreading since 10/30/2013 nearly 1:1. The GCX is focused on seven global challenges (such as combating poverty, the consequences of climate change, ensuring the drinking water supply, good governance structures). Excludes the nuclear business, biocides, chlorine chemicals, genetically engineered crops and armor.
Investment strategy The PRIMA - Global Challenges invests exclusively in shares of companies included in the Global Challenges Index (GCX) Hanover stock exchange. The index includes 50 international companies from the EU and the G7 countries, which are selected by the sustainability rating agency oekom research AG from Munich. The company actively address the seven global challenges (impacts of climate change, combating poverty, dealing with the population development, completion of deforestation and preserve biodiversity and ensure the supply of drinking water and good governance structures) and make substantial, landmark contributions to address these challenges .
Investment process The PRIMA - Global Challenges is the Sustainability Index Global Challenges Index (GCX) while maintaining an appropriate risk-spreading since 10/30/2013 nearly 1: 1 by investing exclusively in shares of companies included in the Global Challenges Index (GCX).
The Global Challenges Index is compiled in two stages. In the first step, the sustainability rating agency oekom research reviewed in the context of his oekom Corporate Rating compliance with social and environmental standards by the company. The companies with the best corporate rating oekom their industry qualify under this absolute best-in-class approach for the index. In addition, all companies are analyzed whether they violate the defined exclusion criteria.
In the second step, oekom research identifies those companies that make an active and substantial contribution to dealing with the global challenges as part of their core business and have a minimum market capitalization of at least € 100 million.
The aim is a blend of global large companies and small and medium-sized enterprises (potential) that contribute to sustainable development in terms of their product and service range.
The companies are weighted by market capitalization, with a double 10% rule applies:

- The importance of individual title at the index is capped at 10%.

- The proportion of the potential of the total market capitalization of the Global Challenges Index will be around 10%.

Geographically, the sustainability index GCX is focused on companies from Europe and the G7 countries. The index universe is constantly monitored by oekom research. The end of March and September of each year the composition of the index is reviewed. Companies that no longer meet the defined requirements will be replaced at these times.
Positive criteria In the GCI only includes companies that make an active and substantial contribution in dealing with the seven global challenges as part of their core business; Specifically, these are;
- Tackling the causes and consequences of climate change ;
- Ensure an adequate supply of drinking water;
- Termination of deforestation and promote sustainable forest management ;
- Conservation of biodiversity ;
- Contributions to dealing with demographic change ;
- Combating poverty;
- Support of responsible management structures.
Negative criteria for stocks and corporate bonds Governance:
- corruption and bribery
- violations of the UN Global Compact

Ethical and Social:
- exploitative child labour
- weapons of mass destruction (ABC/CBRN)
- cluster bombs and anti-personnel mines
- violations of human rights
- violations of the ILO protocol
- violations of social law and/or consumer protection law
- weapons/armaments

- biocides
- chlorine or agrochemicals (e.g. biocides)
- chlorine
- genetic engineering (agriculture)
- nuclear power
- nuclear energy (operation or component manufacture)

- environmental offences
- environmentally harmful conduct
- abnormalities in balance of accounts /unethical compensation

Negative criteria for government bonds n.s.
Research done by oekom research AG

This fund profile is aligned with the fund company.



*no exclusion but part of the analysis