FUNDS - Steyler Fair und Nachhaltig - Aktien
Last update on: 10/07/2020

Fundname
Steyler Fair und Nachhaltig - Aktien

Investment Trusts
WARBURG INVEST KAPITALANLAGEGESELLSCHAFT MBH
Emittent
Steyler Ethik Bank
Asset Manager
WARBURG INVEST KAPITALANLAGEGESELLSCHAFT MBH

Fund data (Equity Fund)

   
Fund size

(as of 30/06/2020)

41.64 mil. EUR
Share class size

(as of 30/06/2020)

21.85 mil. EUR
ISIN DE000A1JUVL8
Fund price (as of 10/07/2020)
Offer 80.70 EUR
Bid 77.60 EUR

Growth (as of 10/07/2020) *

   
10 Years n.s.
5 Years 25.27 %
3 Years 14.53 %
1 Year 5.39 %
Current year -4.57 %
Benchmark none

* in Euro (€)

Master data of Funds
ISINDE000A1JUVL8
Launch date 30/10/2012
Available in AT, DE
Fund type Equity Fund
Kind of fund Sustainability and ethical funds / Sustainability-/ Ethical fund
Aim of investment The aim of the fund is to let investors participate in the growth of companies focused on ethical and sustainable business practices and fields. The selection criteria for the companies include both financial returns and the impact of the companies' business activities on society.
Investment strategy The fund invests exclusively in market segments with good prospects, which reflect the ethics of the Steyler Missionaries.
The Steyler Bank offers, through the Steyler Fair and Sustainable, a fair and transparent alternative to other funds. The objective is, "to dispel investment's abstractness", says Norbert Wolf, member of the board of directors at Steyler Bank. 'Additionally, we will consequently use the worldwide network of the Steyler Missionaries by establishing so-called finance-scouts in countries where Steyler Missionaries are active, which in turn rate companies through their local experience. A fund with such a network has never been established in the financial history of our country.
Investment process The financial institution selects stocks through the expertise of oekom research AG. An independent ethical advisory board comprising representatives of Steyler Missionaries, social ethicists and finance experts ensures compliance of the fund's guidelines, observes the ongoing results of the rating agencies and recommends further actions. Additionally, the advisory board draws on information from finance-scouts. Therefore, if a company acts unethically, the possibility for taking necessary action exists through a so-called engagement process which allows the company's management boards to reconsider. Thus, the Steyler Fair and Sustainable - Stocks also becomes an instrument through which Steyler Missionaries fight exploitation, poverty and injustice.
The investment horizon seeks a balanced ratio between global blue-chip companies, and medium and small enterprises (mid- and small-caps).
The use of profits by the Steyler Fair and Sustainable - Stocks is unique. All surplus from fund administration fees received by the bank is used for Steyler Missionaries aid projects. The "social report" enables investees to capture detailed information about all supported projects with this surplus and the benefits it creates.
Positive criteria The fund invests in companies that support preservation of peace and fairness, and that protect the Creation in a sustainable way.
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:
- abortion
- alcohol/spirits
- exploitative child labour
- dependence causing substances
- embryonic research
- 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
- weapons/armaments

Environment:
- chlorine or agrochemicals (e.g. biocides)
- chlorine or agrochemicals
- genetic engineering (agriculture)
- nuclear power
- nuclear energy (operation or component manufacture)

Other:
- controversial business practices
- violations of antitrust-law

Negative criteria for government bonds n.s.
Research done by oekom research AG and independent in-house ethic advisory board
 

This fund profile is aligned with the fund company.

 

 

*no exclusion but part of the analysis