FUNDS - Parvest Smart Food
Last update on: 02/07/2020

Fundname
Parvest Smart Food

Investment Trusts
BNP Paribas Investment Partners
Emittent
BNP PARIBAS INVESTMENT PARTNERS LUXEMBOURG
Asset Manager
Impax Asset Management

Fund data (Equity Fund)

   
Fund size

(as of 31/05/2020)

750.28 mil. EUR
Share class size

(as of 31/05/2020)

356.79 mil. EUR
ISIN LU1165137149
Fund price (as of 02/07/2020)
Offer n.s.
Bid 103.38 Euro

Growth (as of 02/07/2020) *

   
10 Years n.s.
5 Years 7.56 %
3 Years 0.00 %
1 Year -7.50 %
Current year -11.34 %
Benchmark MSCI AC World (NR)

* in Euro (€)

Master data of Funds
ISINLU1165137149
Launch date 15/04/2015
Available in AT, BE, CH, CZ, DE, ES, FR, GR, HU, IT, LU, NL, SE, SG, SL
Fund type Equity Fund
Kind of fund Sustainable issues Fund / Climate-/ Environmental Technology fund
Aim of investment The Fund seeks to increase the value of its assets over the medium term by investing in shares issued by companies which conduct their business in the food supply chain, which are chosen given their practices in terms of sustainable development (social responsibility and/or environmental responsibility and/or corporate governance), and the quality of their financial structure and/or potential for earnings growth.
Investment strategy SMaRT Food is an acronym for 'Sustainably Manufactured and Responsibly Transformed Food'. The acronym alone provides a simple definition of the fund's strategy. It invests throughout the food value chain in companies that, by the very nature of their activities and their responsible approach to doing business, help reduce our impact on the environment. This means they limit their use of inputs to reduce pollution levels and fight global warming
Investment process Parvest SMaRT food invests in food related companies that are addressing critical issues, such as the need to reduce pollution, tackle climate change or provide better quality food, while respecting ethical rules. Specifically, it invests in companies involved in reducing food waste, recycling packaging, reducing CO2 emissions or improving water management. These companies are in industries such as growers and processors, food packaging and ingredients, machinery and equipment, logistics and infrastructure, food safety and distribution.

On the other hand, it excludes companies with unethical practices like land grabbing, commodity trading or poor labour management, as well as producers of GMO, first generation biofuels, palm oil and inorganic fertilisers.

The fund has a concentrated portfolio of 30 to 40 stocks and focuses on companies with strong, resilient earnings or with the potential for higher returns. It is diversified across a number of regions and food-related industries.
Positive criteria Reducing and recycling waste; Water management; Anticipating regulatory change; Reducing CO2emissions; Using fewer and better inputs; Reducing land erosion; Anticipating changing consumer demands
Negative criteria for stocks and corporate bonds Ethical and Social:
- alcohol/spirits
- endangered species
- tobacco
- animal experimentation

Environment:
- chlorine or agrochemicals (e.g. biocides)
- genetic engineering
- unsustainable fishery
- unsustainable forestry

Other:
- hindrance of sustainable business activities
- acceleration of climate change
- controversial business practices
- land grab
- intensive livestock farming
- proven (serious) manipulation of business dealings
- exploitation of natural resources
- other serious negative social, ecological and ethical effects or high risks
- serious negative ecological effects and high risks
- environmentally harmful activities/products
- environmentally harmful conduct

Negative criteria for government bonds n.s.
Research done by Impax Asset Management, London
 

This fund profile is aligned with the fund company.

 

 

*no exclusion but part of the analysis