The Sub-Fund aims to provide a higher total return (the combination of income and capital growth) of at least 3-5% per annum, gross of fees, than that of the Benchmark over any five-year period while applying ESG Criteria and Sustainability Criteria.
The Sub-Fund applies ESG Integration. ESG integration is the systematic inclusion of ESG factors in investment analysis and investment decisions.
The Sub-Fund invests in securities that meet the ESG Criteria and Sustainability Criteria.
The following types of exclusions apply to the Sub-Fund’s direct investments:
References to “assessed” above mean assessment in accordance with the ESG Criteria and Sustainability Criteria.
The benchmark of the Sub-Fund is 1-Month EURIBOR. It is a comparator against which the Sub-Fund’s performance can be measured.
The benchmark is not an ESG benchmark and is not consistent with the ESG Criteria and Sustainability Criteria.
Further information on the ESG methodology, including data sources, screening criteria and the relevant sustainability indicators of the Sub-Fund can be found in the ESG Criteria and Sustainability Criteria.
A description of ESG and responsible investment terms used is available in the Sub-Fund’s Prospectus.
Information on how the environmental and social characteristics have been met can be found in the latest annual report.