FUNDS - NN (L) Global Sustainable Equity - P
Last update on: 09/11/2018

Fundname
NN (L) Global Sustainable Equity - P

Investment Trusts
NN Investment Partners
Emittent
NN Investment Partners BV
Asset Manager
NN Investment Partners

Fund data (Equity Fund)

   
Fund size

(as of 31/10/2018)

1,600.89 mil. EUR
Share class size

(as of 31/10/2018)

112.95 mil. EUR
ISIN LU0119216553
Fund price (as of 09/11/2018)
Offer 332.24 EUR
Bid 322.56 EUR

Growth (as of 09/11/2018) *

   
10 Years 160.00 %
5 Years 51.04 %
3 Years 14.05 %
1 Year 3.31 %
Current year 2.94 %
Benchmark MSCI Developed Markets World (Net) Index

* in Euro (€)

Master data of Funds
ISINLU0119216553
Launch date 10/07/2000
Available in AT, BE, CL, CZ, DE, DK, ES, FI, FR, HU, LU, NO, PT, SL, SE
Fund type Equity Fund
Kind of fund Sustainability and ethical funds / Sustainability-/ Ethical fund
Aim of investment Capital growth
Investment strategy Worldwide investment in companies with outstanding financial basis, and which are Best-in-Class in their industry in regard to ecological and social criteria. Mixture of sustainability leaders and pioneers
Investment process The investment is carried out in four steps:

1. Determination of the sustainability investment universe, in two steps 600 companies are selected from 1500 to form the investment universe.

2. Company analysis

selection of financially suitable companies from the universe

3. Portfolio models

Risk assessment through portfolio models

4.Implementation

Positive criteria Basic and extended benefits for the employees; content and condition of work; employee relations, employee stock ownership, profit participation; equal opportunities for women and minorities, children facilities, part time work; annual social report; SA 8000 Standard; ethical business principles; corporate citizenship and stakeholder relations; use and kind of raw materials and energy; soil- air- and water pollution in production and product life cycle; handling of hazardous waste; recycling; organization of environmental management; annual evironmental report; ISO 14001 standard
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:
- exploitative child labour
- exploitation of people
- discrimination against women
- discrimination against minorities
- banned weapons
- endangering human health
- gambling
- child labour
- weapons of mass destruction (ABC/CBRN)
- furs
- pornography
- violations regarding human dignity
- cluster bombs and anti-personnel mines
- tobacco products
- animal experimentation*
- animal experimentation (avoidable)
- inhibiting union activities
- violations of human rights
- violations of the ILO protocol
- weapons/armaments
- forced labour

Environment:
- nuclear power stations
- chlorine or agrochemicals
- fishing for purposes other than MSC-certification
- genetic engineering in agriculture
- genetic engineering (agriculture)
- production of ozone-damaging substances
- production of pesticides "Dirty Dozen"
- nuclear power
- nuclear energy (operation or component manufacture)
- unsustainable fishery
- unsustainable forestry
- patents on genetically engineered animals/plants
- uranium mines/uranium processing facilities (ownership or operation)
- forestry without aiming for FSC-certification

Other:
- exploitation of the environment or employees or society
- hindrance of sustainable business activities
- employment of pupils
- acceleration of climate change
- harmful products
- investment in companies with negative criteria
- controversial business practices
- lack of will to communicate relevant key figures regarding health and environment
- violation of laws or prosecution regarding relevant ESG criteria
- prostitution
- exploitation of natural resources
- activities in a country where an accepted protest movement has asked foreign companies to avoid the country
- environmentally harmful activities/products
- environmentally harmful conduct*
- support of repressive regimes
- insufficient social protection of employees
- violations of laws
- advertising for behaviour explicitly harmful to environment and/or health

Negative criteria for government bonds Ethical and Social:
- human trafficking

Research done by InHouse & Sustainalytics
 

This fund profile is aligned with the fund company.

 

 

*no exclusion but part of the analysis