FUNDS - Gutmann Euro ShortTerm Anleihen Nachhaltigkeitsfonds (T)
Last update on: 03/07/2020

Fundname
Gutmann Euro ShortTerm Anleihen Nachhaltigkeitsfonds (T)

Investment Trusts
Gutmann KAG mbH
Emittent
Gutmann KAG, Wien
Asset Manager
Gutmann KAG mbH

Fund data (Fixed Income Fund)

   
Fund size

(as of 30/03/2019)

16.38 mil. EUR
Share class size

(as of 31/05/2020)

29.14 mil. EUR
ISIN AT0000A15Q89
Fund price (as of 03/07/2020)
Offer 103.64 EUR
Bid 100.62 EUR

Growth (as of 03/07/2020) *

   
10 Years n.s.
5 Years -0.19 %
3 Years -0.63 %
1 Year -0.97 %
Current year -0.60 %
Benchmark none

* in Euro (€)

Master data of Funds
ISINAT0000A15Q89
Launch date 17/03/2014
Available in AT, DE
Fund type Fixed Income Fund
Kind of fund Sustainability and ethical funds / Sustainability-/ Ethical fund
Aim of investment The fund invests in euro-denominated bonds sustainable issuer. The investment universe includes all segments of the European Rentenmarktesund thus next government bonds, especially corporate bonds, as well as among other things, mortgage bonds and inflation linked bonds.

The average remaining maturity of all individual securities in the fund shall not exceed 3 years.

At least 90% of the bonds in the portfolio are characterized by good credit.
Investment strategy Issuers will always analyzed at the micro level in terms of their balance sheet strength, redemption profile, liquidity cushion, robustness against negative growth rates and rating in combination with Outlook and (growth) strategy. Both Daily News in the context of the long-term developments, including external Fixed Income Research of around 10 houses for comparison with one's own opinion complement the process. Preferably assessed on the primary market.
To be acquired for the Fund bonds are not subject to restrictions on their duration (average duration 5-7 years).
Investment process The fund invests exclusively in sustainable issuer. By this we mean issuers, which are characterized by an environmentally and socially responsible policies. Sustainability is based on the approach of Notenstein Privat Bank AG, Switzerland evaluated with additional exclusion criteria.

States: In the country analysis on the one hand the "resource property" of a country and on the other hand examines the "resource productivity". "Resource property" includes the current and future availability of natural (eg: biocapacity and Ecological Footprint), social (eg demographics) and financial resources "resource productivity" shows how efficiently the scarce resources are used. Here, for example, following criteria examined: quality of life, government; Society.
Company: Depending on the industry is a catalog of 50-70 criteria used to capture the environmental and social impacts of each industry. Ecological criteria: CO2 emissions, water consumption, air pollutant emissions, waste generation. Social criteria: working conditions, social conflict potentials. Basically the entire value chain of the respective industries is considered.

The companies are valued according to the following criteria: environmental, social and governance

The requirements for sustainable items are higher, the riskier the industry from a sustainability perspective. Therefore, in sustainable industries, the top 50% of companies are available for an investment in "bad" sectors, the percentage is reduced accordingly.
In addition, in our fund securities are excluded who violate the following exclusion criteria.

After reviewing the investment universe according to sustainability criteria, the selection is based on a fundamental point.
Positive criteria n.s.
Negative criteria for stocks and corporate bonds Governance:
- corruption and bribery
- violations of the UN Global Compact

Ethical and Social:
- abortion
- alcohol/spirits
- exploitative child labour
- embryonic research
- gambling
- weapons of mass destruction (ABC/CBRN)
- pornography
- spirits
- cluster bombs and anti-personnel mines
- tobacco products
- animal experimentation
- violations of human rights
- violations of the ILO protocol
- weapons/armaments

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

Other:
- exploitation of the environment or employees or society
- hindrance of sustainable business activities
- environmentally harmful conduct

Negative criteria for government bonds Ethical and Social:
- child labour (countries)
- death penalty
- dependent countries, according to Freedom House
- violations of human rights (countries)
- violations of employment law
- violations of Non-Proliferation Treaty of Nuclear Weapons (countries)
- violations of non-proliferation treaties of non-nuclear weapons

Environment:
- non-ratification of the UN Convention on Biological Diversity
- non-ratification of the Kyoto Protocol
- non-ratification of the Cartagena Protocol on Biosafety

Other:
- authoritarian regime
- high military budget
- nuclear energy by share of gross energy production
- corruption

Research done by Vescore AGG
 

This fund profile is aligned with the fund company.

 

 

*no exclusion but part of the analysis