FUNDS - SEB Sustainability Fund Global C
Last update on: 28/10/2021

Fundname
SEB Sustainability Fund Global C

Investment Trusts
SEB Asset Management S.A.
Asset Manager
SEB Asset Management S.A.

Fund data (Equity Fund)

   
Fund size

(as of 30/09/2021)

63.28 mil. EUR
Share class size

(as of 30/09/2021)

57.43 mil. EUR
ISIN LU0036592839
Fund price (as of 28/10/2021)
Offer n.s.
Bid 73.68 Euro

Growth (as of 28/10/2021) *

   
10 Years 209.00 %
5 Years 60.55 %
3 Years 42.20 %
1 Year 37.09 %
Current year 25.69 %
Benchmark MSCI World

* in Euro (€)

Master data of Funds
ISINLU0036592839
Launch date 19/02/1992
Available in DE, LU
Fund type Equity Fund
Kind of fund Sustainability and ethical funds / Sustainability-/ Ethical fund
Aim of investment Attractive capital growth.
Investment strategy Worldwide investment in companies (leaders and pioneers) with above average profit potential and meeting certain environmental and social standards.
Investment process SEB Invest ÖkoLux is attractive for investors wanting to profit from the opportunities of the international equity markets and taking into consideration ethical-ecological principles. Therefore the fund managers invest worldwide in companies qualified by the Corporate-Responsibility-Rating as sustainable leaders (environmentally, socially und culturally). The fund also invests in sustainable innovators. These are pioneers i. e. smaller and middle, growing and innovative, sustainable companies active in businesses like alternative energies, recycling or waste disposal.

The principles for the selection of the companies are rather strict in order to comply with high ethical standards. The selection process is done in several steps.

Environmental, social and cultural aspects of the company are considered in the "Corporate-Responsibility-Rating". This ethical-ecological analysis is supported by the independent rating agency oekom research AG.

The companies are selected by the best-in-class-approach. This means that only companies with an above average environmental and social performance are considered.

A further important component is the use of excluding criteria. Companies with activities in socially questionable sectors or with not accepted management methods are excluded just form the beginning.
Positive criteria Environmentally friendly production, products and services.; Exemplary performance regarding environmental and social acceptance
Negative criteria for stocks and corporate bonds Ethical and Social:
- alcohol
- exploitation of people
- discrimination against women
- discrimination against minorities
- dependence causing substances
- gambling
- pornography
- violations regarding human dignity
- tobacco
- animal experimentation (avoidable)
- violations of human rights
- violations of the ILO protocol
- weapons/armaments
- forced labour

Environment:
- nuclear power stations
- chlorine or agrochemicals
- genetic engineering in agriculture
- gene technology
- production of PVC and vinyl chloride
- nuclear power
- nuclear technology

Other:
- exploitation of the environment or employees or society
- employment of pupils
- investment in companies with negative criteria
- prostitution
- insufficient social protection of employees

Negative criteria for government bonds n.s.
Research done by oekom research AG
 

This fund profile is aligned with the fund company.

 

 

*no exclusion but part of the analysis