FUNDS - LBBW Nachhaltigkeit Aktien
Last update on: 09/07/2020

Fundname
LBBW Nachhaltigkeit Aktien

Investment Trusts
LBBW Asset Management Investmentgesellschaft mbH
Emittent
LBBW Asset Management Investment GmbH
Asset Manager
LBBW Asset Management Investmentgesellschaft mbH

Fund data (Equity Fund)

   
Fund size

(as of 30/06/2020)

82.49 mil. EUR
Share class size

(as of 30/06/2020)

32.50 mil. EUR
ISIN DE000A0NAUP7
Fund price (as of 09/07/2020)
Offer 101.51 EUR
Bid 96.68 EUR

Growth (as of 09/07/2020) *

   
10 Years 75.00 %
5 Years 22.38 %
3 Years 9.52 %
1 Year 4.72 %
Current year -1.68 %
Benchmark Stoxx Europe 600

* in Euro (€)

Master data of Funds
ISINDE000A0NAUP7
Launch date 15/10/2008
Available in AT, DE
Fund type Equity Fund
Kind of fund Sustainability and ethical funds / Sustainability-/ Ethical fund
Aim of investment Aim of the investment policy of the special estate LBBW Nachhaltigkeitsstrategie BWI is the generation of long-term increase in value for investors by use of chances and avoidance of risks, which result from economic, ecological and social developments.
Investment strategy The LBBW NachhaltigkeitsStrategie BWI is an actively managed stock fund. The fund invests in international enterprises, with a main focus on Europe, considering the ethical, social and ecological criteria which distinguishes a contribution or an above-average achievement in relation on sustainable management.
Investment process The titles are selected in a strict, multistage procedure. Besides, the social and ecological responsibility is checked on the basis of about 200 criteria. In the second step the selection of the single titles from the sustained investment universe occurs at the risk of a quantitative factor model.

The Sustainable- or also Corporate Responsibility rating (CRR) of oekom research AG is based on the worldwide probably most comprehensive criterion collection for the ethical assessment of enterprise to the "Frankfurt-Hohenheimer of guide (FHL)".

After the Sustainability ratings the examination takes place on the minimum requirements within the respective industry. In the context of the” Best in Class - beginning received only the enterprises with an above average sustainability rating the status "Prime" and are considered with the following selection.
Positive criteria n.s.
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
- embryonic research
- banned weapons
- 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
- violations of non-proliferation treaties of non-nuclear weapons
- weapons/armaments

Environment:
- nuclear power stations
- genetic engineering (agriculture)
- nuclear power
- nuclear energy (operation or component manufacture)

Other:
- controversial business practices
- violation of laws or prosecution regarding relevant ESG criteria
- environmental offences
- environmentally harmful activities/products
- environmentally harmful conduct
- insufficient social protection of employees
- violations of laws
- violations of antitrust-law

Negative criteria for government bonds n.s.
Research done by Oekom Research & InHouse
 

 

 

*no exclusion but part of the analysis