FUNDS - Candriam Sustainable North America
Last update on: 08/07/2021

Fundname
Candriam Sustainable North America

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

Fund data (Equity Fund)

   
Fund size

(as of 30/06/2021)

55.20 mil. USD
Share class size

(as of 30/06/2021)

25.39 mil. USD
ISIN BE0173901779
Fund price (as of 08/07/2021)
Offer n.s.
Bid 75.71 US-Dollar

Growth (as of 08/07/2021) *

   
10 Years 232.00 %
5 Years 70.96 %
3 Years 57.55 %
1 Year 31.10 %
Current year 17.72 %
Benchmark MSCI North America

* in Euro (€)

Master data of Funds
ISINBE0173901779
Launch date 15/05/2000
Available in AT, BE, CH, DE, ES, FI, FR, GB, IT, LU, NL, SE
Fund type Equity Fund
Kind of fund Sustainability and ethical funds / Sustainability-/ Ethical fund
Aim of investment Investment principally in equities or equity-related values of companies meeting the social, ecological and ethical criteria. Ethibel is responsible for the evaluation of the companies following these criteria. The relevant equities are mainly traded in the USA and Canada.
Investment strategy Combination of bottom-up and top-down approach and approach neutral management of the portfolio. County, sector and approach differences in comparison to the "conventional" benchmark are avoided.
Investment process The selection of the companies bases on an analysis of their social and ecological policies. Openness, transparency and keeping legal rules are basic conditions. The total internal organisation and the structure of the supply chain are checked under ecological criteria.
Contribution to public welfare and the internal working conditions are important social criteria as well as the employment of women and minorities. Common acceptance of the business field and the products of the companies is also considered. If a company cooperates with third world countries, its contribution to the countries social, ecological and sustainable development is checked.
In the analysis, the current situation as well as the future development is evaluated. Only those companies with a high rating within their sector will be selected.
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
- banned weapons
- gambling
- child labour
- 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
- violations of democratic and political basic rights
- violations of social law and/or consumer protection law
- violations of non-proliferation treaties of non-nuclear weapons
- weapons/armaments

Environment:
- chlorine or agrochemicals (e.g. biocides)
- genetic engineering (agriculture)
- production of long-lasting harmful organic substances production of long-lasting harmful organic substances
- nuclear power
- nuclear energy (operation or component manufacture)

Other:
- controversial business practices
- violation of laws or prosecution regarding relevant ESG criteria
- Systematic lobbying towards public institutions to reduce environmental, health and social standards
- environmentally harmful conduct
- violations of antitrust-law

Negative criteria for government bonds Ethical and Social:
- violations of the Geneva Convention

Research done by Ethibel
 

This fund profile is aligned with the fund company.

 

 

*no exclusion but part of the analysis