FUNDS - LIGA-Pax-Corporates-Union
Last update on: 16/05/2019


Investment Trusts
Union Investment Luxembourg S.A.
Asset Manager
Union Investment Luxembourg S.A.

Fund data (Fixed Income Fund)

Fund size

(as of 30/04/2019)

133.20 mil. EUR
Share class size

(as of 30/04/2019)

133.20 mil. EUR
ISIN LU0199537852
Fund price (as of 16/05/2019)
Offer 44.61 EUR
Bid 43.31 EUR

Growth (as of 16/05/2019) *

10 Years 59.00 %
5 Years 9.74 %
3 Years 4.44 %
1 Year 1.27 %
Current year 4.12 %
Benchmark n.s.

* in Euro (€)

Master data of Funds
Launch date 25/01/2005
Available in AT, DE
Fund type Fixed Income Fund
Kind of fund Sustainability and ethical funds / Sustainability-/ Ethical fund
Aim of investment n.s.
Investment strategy The funds invest in internationally company bonds denominated in euro. The fund management also can invest in foreign currency loans, the currency risk must, however, be protected, in principle. Since launch of the fund sustainability criteria are in principle also taken into account at the choice of the securities. These orientate themselves at social, ecological and economic factors in the harmony with Christian, ethical moral concepts.
Investment process The fund invests worldwide in shares of enterprises which must correspond to a clearly defined requirements specification. An extensive method to the determination of the sustainability of the issuers is used. Strict exclusion criteria represent the most important hurdle for enterprises at first once. Become enterprises which produce armor goods, alcohol and tobacco or in principle offer games of chance impossibly, for example. In a second step an analysis is carried out after the Best in Class approach to find those security suppliers out who realize the sustainability concept best. The fund management of the union selects investment individual title from the remaining plant universe to the expectation of return.
Positive criteria Conversion of environmental strategies; Active environmental management; Gentle resource use and use of alternative energies; Corruption fighting; Sustainable corporate management, Corporate Governance, risk management; Human rights and equal rights; Human resources: Recruitment, Incentivierung and support of the employees and women, health and safety at work ; Acceptance of international environmental agreements; Social engagement and social responsibility; Social criteria: ESG risk management Dealing with stakeholder groups corporate governance indigenous rights Avoidance of animal testing; Environmental criteria: ESG risk management Environment & Climate Change biodiversity Products and services for the promotion or protection of the environment; Environmental criteria: Sustainable forest management water consumption biofuels Production of critical chemicals; Governance criteria: Composition of committees prevention of corruption ethical standards Dealing with shareholders and stakeholders customer interaction equality
Negative criteria for stocks and corporate bonds Ethical and Social:
- abortion
- alcohol
- embryonic research
- contraceptives
- banned weapons
- gambling
- child labour
- landmines
- pornography
- tobacco
- violations of the ILO protocol
- weapons/armaments
- forced labour

- nuclear power

Negative criteria for government bonds Other:
- nuclear energy

Research done by imug - Vigeo Eiris

This fund profile is aligned with the fund company.



*no exclusion but part of the analysis