Sustainability / ESG

Sub-funds 1 & 2 promote environmental or social characteristics in accordance with the provisions of Article 8 of the SFDR. The investment process incorporates sustainability aspects into the fundamental research and risk assessment (sustainability risks and negative sustainability impacts) in order to increase risk-adjusted returns.

Sub-funds 1 & 2 are subject to the Fund's ESG policy, which measures the ESG level of its investments and sets minimum thresholds that must be met for a fund to be considered aligned with the SFDR requirements. The objectives are: i) to build a portfolio with an overall ESG score above the market average; ii) to constantly monitor the ESG performance of the portfolios over time; and iii) to integrate ESG criteria into classical financial analysis with the aim of improving the risk/return ratio of the investments.