FUNDS - GLS AI - Mikrofinanzfonds
Last update on: 31/10/2019

GLS AI - Mikrofinanzfonds

Investment Trusts
IPConcept (Luxemburg) S.A.
Asset Manager
Frankfurt School Financial Services GmbH

Fund data (Microfinance funds)

Fund size

(as of 30/09/2019)

154.39 mil. EUR
Share class size

(as of 30/09/2019)

93.96 mil. EUR
ISIN LU1309710678
Fund price (as of 31/10/2019)
Offer 1,012.34 EUR
Bid 987.65 EUR

Growth (as of 31/10/2019) *

10 Years n.s.
5 Years n.s.
3 Years 6.68 %
1 Year 1.35 %
Current year 1.55 %
Benchmark Kein Benchmark

* in Euro (€)

Master data of Funds
Launch date 15/12/2015
Available in DE
Fund type Microfinance funds
Kind of fund Sustainability and ethical funds / Sustainability-/ Ethical fund
Aim of investment n.s.
Investment strategy n.s.
Investment process n.s.
Positive criteria Financing of micro- and small-cap companies, especially in rural areas; Financing offers for smallholder farms, adjustment of interest and repayment on agricultural cycles; Financing of eduation and training; Financing of house purchase or construction or refurbishment of existing accommodation; Providing loans for water filters, solar systems, efficient and smoke-free ovens or similar products; Offers or intermediation of savings accounts and/or microinsurance; Advisory services for clients on economic, social and environmental issues; Offers for the establishment of financial services in underserved regions; Offers for women; Transparent working conditions
Negative criteria for stocks and corporate bonds Ethical and Social:
- child labour
- violations of human rights
- violations of social law and/or consumer protection law

- exploitation of natural resources

Negative criteria for government bonds n.s.
Research done by GLS Bank & Frankfurt School Financial Services GmbH



*no exclusion but part of the analysis