FUNDS - Steyler Fair und Nachhaltig - Stiftungsfonds (R)
Last update on: 28/10/2021

Fundname
Steyler Fair und Nachhaltig - Stiftungsfonds (R)

Investment Trusts
WARBURG INVEST KAPITALANLAGEGESELLSCHAFT MBH
Emittent
Steyler Ethik Bank
Asset Manager
WARBURG INVEST KAPITALANLAGEGESELLSCHAFT MBH

Fund data (Balanced Fund)

   
Fund size

(as of 30/09/2021)

47.18 mil. EUR
Share class size

(as of 30/09/2021)

15.46 mil. EUR
ISIN DE000A111ZH7
Fund price (as of 28/10/2021)
Offer 110.16 EUR
Bid 107.47 EUR

Growth (as of 28/10/2021) *

   
10 Years n.s.
5 Years 13.88 %
3 Years 14.42 %
1 Year 8.76 %
Current year 6.23 %
Benchmark none

* in Euro (€)

Master data of Funds
ISINDE000A111ZH7
Launch date 23/02/2015
Available in AT, DE
Fund type Balanced Fund
Kind of fund Sustainability and ethical funds / Sustainability-/ Ethical fund
Aim of investment By combining asset classes an absolute increase in value and the real capital preservation is the long term aim and function of movements in individual markets are avoided. The objective is also to generate attractive net income and absolute value over a market cycle .
Investment strategy he fund invests at least 70% in income securities and invested foreign issuers. A maximum of 30 % may be invested in equities and equity related securities.
The fund combines the investment of several asset classes with an active control of the weighting of asset segments. This is dependent on the economic cycle and other price-related factors.
Investment process In the first step the securities of an ethical and sustainable analysis are submitted. For this the Steyler bank introduces her expert's assessment and is supported by an Ethic-investment advice who stands in constant dialogue with Steyler missionaries and mission sisters of the whole world. The proven criterion catalogue of the Steyler bank contains the assessment dimensions cultural compatibility, natural compatibility and social compatibility as well as exclusion criteria for controversial business segments and commercial methods.
In the second step follows a detailed finance analysis. The title selection is based on a combination of Top-Down with a Bottom-Up. In the Top-Down analysis the sector allocation and sector weighting of the portfolio is determined by qualitative Research, while in the following Bottom-Up beginning the single title selection occurs through quantitative and qualitative analysis.
Positive criteria The fund invests in companies that support preservation of peace and fairness, and that protect the Creation in a sustainable way. ;

Positive criteria for companies;
Environmental management / products and services / ecological efficiency / employee and supplier / society and responsibility / Corporate Governance and economic ethics;

Positive criteria for countries;
Environmental rating (institutions and politics / environmental continuance / environmental impacts); SocialRating (institutions and politics / social terms / infrastructure)
Negative criteria for stocks and corporate bonds Governance:
- corruption and bribery
- violations of OECD guidelines for multinational enterprises
- violations of the UN Global Compact

Ethical and Social:
- abortion
- alcohol/spirits
- exploitative child labour
- embryonic research
- 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)
- 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 treaties of non-nuclear weapons (countries)

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

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

Research done by oekom research AG and independent in-house ethic advisory board
 

This fund profile is aligned with the fund company.

 

 

*no exclusion but part of the analysis