MANFRED WIEGEL
It is of personal importance to me to make a contribution to the preservation of creation!
Win-Win Situation
With our investments we aim for a positive impact for all parties involved. After all every investment has an impact, the question is whether positive or negative. Through our investments, the positive impact on people and the environment is our top priority, whereby economic benefits are generated at the same time.
Our fund
Our main product is our fund green benefit Global Impact Fund.
(Until 01.01. 2020 the name was green benefit Nachhaltigkeit Plus)
This fund invests according to social, ecological and economic criteria.
With an average equity allocation of over 95%, it is a pure equity fund with a high active share (100%) compared with the STOXX ESG Global Leader Index.
We systematically implement our strategy with “High Passion”:
High Conviction = 25 to 35 positions in the portfolio
Focus on bottom-up Stock-Picking
Focus on Growth stocks and Small-/Midcaps
Ratings
Morningstar Rating
The green benefit Global Impact Fund acquired a top-rating of 5 stars from Morningstar which labels it as one of the best 10% of its category based on investment goals.
ISS ESG Fund Rating
The ISS ESG Fund Rating assesses the environmental, social and governance (ESG) performance of a fund within its reference group with 1 to 5 stars. Funds with 4 or 5 stars are among the top 30% in their reference group or have a strong sustainability rating in absolute terms.
The ISS ESG Fund Rating Stars are based on the average ISS ESG sustainability rating of companies and countries in whose securities a fund invests. The ISS ESG rating evaluates the sustainability performance of companies based on material and industry-specific environmental, social and governance criteria along the value chain.
FWW FundStars
The FWW FundStars® are based on risk-adjusted performance (RAP). This two-dimensional key figure is calculated from the performance achieved and the risk taken (volatility). For the FWW FundStars®, the funds are classified into 5 ranking levels of 20 percent each, from which the award of 5 to 1 stars is derived. The best 20 percent of the funds receive five stars.
Note: RAP and FWW FundStars® are based exclusively on historical data. The future performance of a fund cannot be predicted. All information is provided without guarantee. Please refer to the detailed description of the FWW FundStars® and the notes at https://www.fww.de/disclaimer.
Absolut Research
The green benefit Global Impact Fund ranks among the top 10% in the clean-energy-stock sector over the 1-, 3- and 5-year time periods.
What does impact investing mean for us?
Every investment causes a certain impact.
By deliberately excluding certain industries or sectors, we avoid negative impact. By consciously investing in certain sectors, we only support companies that have a positive impact. We are guided by the 17 Sustainable Development Goals (SDG’s) of the UN to make the impact more measurable.
A desired impact is characterized for us by the fact that:
- no goal of the SDG’s is violated
- at least 1-3 goals of the SDG’s are positively supported by the investment
Our engagement
Signatory of the PRI Principles
The PRI is the world’s leading representative for responsible investments.
It is committed to understanding the impact of environmental, social and governance (ESG) factors on investment and to helping its international network of investor signatories incorporate these factors into their investment and ownership decisions. The PRI acts in the long-term interests of its signatories, the financial markets and economies in which they operate, and ultimately the environment and society as a whole.
The PRI is completely independent. It encourages investors to make responsible investments to increase returns and manage risk more efficiently, but does not act in its own interest; it works with global policymakers but is not affiliated with any government; it is supported by, but not part of, the United Nations.
Principle 1
We will incorporate ESG issues into investment analysis and decision-making processes.
Principle 2
We will be active owners and incorporate ESG issues into our ownership policies and practices.
Principle 3
We will seek appropriate disclosure of ESG issues by the companies in which we invest.
Principle 4
We will promote the acceptance and implementation of the principles in the investment industry.
Principle 5
We will work together to improve our effectiveness in implementing the principles.
Principle 6
We will report on our activities and progress in implementing the principles.
“An economically efficient, sustainable global financial system is a necessity for long-term value creation. Such a system will reward long-term, responsible investment and benefit the environment and society as a whole.
The PRI will work to promote this sustainable global financial system by encouraging the adoption of the principles and cooperation in their implementation; by promoting good governance, integrity and accountability; and by addressing obstacles to a sustainable financial system that lie in market practices, structures and regulation.
Signatory of the PSI (Tobacco-Free Finance Signatories and Supporters)
The UNEP FI Principles for Sustainable Insurance, presented at the 2012 UN Conference on Sustainable Development, provide the insurance industry with a global framework for addressing environmental, social and governance risks and opportunities.
The purpose of the PSI initiative is to better understand, prevent and reduce environmental, social and governance risks and to better exploit opportunities for high-quality and reliable risk protection.
Principle 1
We will integrate environmental, social and governance issues relevant to our business into our decision-making.
Principle 2
We will work with our customers and business partners to raise awareness of environmental, social and governance issues, manage risk and develop solutions.
Principle 3
We will work with governments, regulators and other key stakeholders to promote broad-based community action on environmental, social and governance issues.
Principle 4
We will demonstrate accountability and transparency by regularly publishing our progress in implementing the principles.
Comparison green benefit Global Impact vs. indices
| Vergleichsparameter | green benefit Global Impact Fund | STOXX ESG Global Leader Index | MSCI World Index |
|---|---|---|---|
| Investments in “dirty” energy (e.g. coal, oil, nuclear power) | Excluded | Yes, according to the best-in-class approach | no exclusion criterion for investments |
| Oil | – | ConocoPhillips, Devon Energy Corp. OMV, Repsol, Saipem, Total, Woodside Petroleum Ltd. | 50+ |
| Investments in companies with negative social impact (e.g. tobacco, alcohol) | Excluded | Yes, according to the best-in-class approach | no exclusion criterion for investments |
| Tobacco | – | – | In total 6 companies in the tobacco sector Examples: Altria Group, British American Tobacco, Philip Morris International |
| Alcohol | – | In total 3 companies in the alcohol sector Examples: Diageo, Heineken, Pernod Ricard | In total 13 companies in the alcohol sectorExamples: Anheuser Busch, Carlsberg, Heineken, Pernod Ricard |
| Pure-Play Approach | x | – | – |
| Best-In-Class Approach | – | x | – |
| Number of companies | 31 companies in the portfolio | 431 companies in the index | 1656 companies in the index |
| Overlaps between our fund and the index | – | No company = Active Share* 100% | 1 company = Active Share* 99,99% |
*Active Share is the degree to which a fund is actively managed. The individual securities in the portfolio that differ from the benchmark are measured. The higher the Active Share, the less overlap there is with an index. An Active Share of 100 % means no correlation with the index.