ABN AMRO Fd.Parnassus US ESG Eq.X1 EUR/  LU1955039661  /

Fonds
NAV2024-04-17 Chg.-0.7950 Type of yield Investment Focus Investment company
189.8620EUR -0.42% reinvestment Equity Mixed Sectors ABN AMRO Inv. Sol. 

Investment strategy

Parnassus US ESG Equities belongs to the category of Single Manager Funds. The Fund seeks to increase the value of its assets over the long term by investing predominantly in transferable equity securities such as equities, other equity shares such as co-operative shares and participation certificates issued by, or warrants on transferable equity securities of, companies which are domiciled in or exercise the predominant part of their economic activity in North America. Selection of investments will rely on a combination of financial criteria, as well as Environmental, Social & Governance criteria. The Fund promotes environmental and social characteristics and qualifies as an investment product in accordance with article 8(1) of Regulation (EU) 2019/2088 on sustainability related disclosures in the financial services sector. In that respect, the Fund Manager has set up a process that integrates fundamental and ESG ( Environment, Social and Governance) research to assess the business quality and valuation of potential companies. The ESG assessments include both exclusionary screens and a bottom-up ESG evaluation. After implementation of the sustainability filters (exclusions and ESG scoring), the bottom quartile of companies is excluded from the investable universe. Thus, the ESG score of the portfolio is better than the one of the investible universe.The sustainability analysis covers 100% of the securities in portfolio (cash, deposit are not covered by the ESG analysis). As part of the Management Company's Sustainable Investment Policy, the Fund complies with the sets of exclusions applying to article 8 investment product. In addition, the Fund excludes companies involved (over 10% threshold of revenue) I) in the extraction, exploration, production and/or refining of fossil fuels defined by the Portfolio manager as oil and gas (exception: companies that use fossil-based energy to power operations or other), II) in Nuclear Power, III) in the manufacture of Alcohol.
 

Investment goal

Parnassus US ESG Equities belongs to the category of Single Manager Funds.
 

Master data

Type of yield: reinvestment
Funds Category: Equity
Country: United States of America
Branch: Mixed Sectors
Benchmark: MSCI USA TR Net
Business year start: 01-01
Last Distribution: -
Depository bank: State Street Bank International GmbH
Fund domicile: Luxembourg
Distribution permission: Austria, Germany, Switzerland, Luxembourg
Fund manager: Parnassus Investments
Fund volume: -
Launch date: 2019-04-25
Investment focus: -

Conditions

Issue surcharge: 0.00%
Max. Administration Fee: 0.60%
Minimum investment: 50,000,000.00 EUR
Deposit fees: -
Redemption charge: 0.00%
Key Investor Information: Download (Print version)
 

Investment company

Funds company: ABN AMRO Inv. Sol.
Address: -
Country: -
Internet: www.abnamroinvestmentsolutions.com
 

Assets

Stocks
 
99.37%
Cash
 
0.63%

Countries

United States of America
 
93.44%
Ireland
 
3.01%
Switzerland
 
1.76%
Canada
 
1.16%
Cash
 
0.63%

Branches

IT/Telecommunication
 
47.28%
Finance
 
14.48%
Consumer goods
 
11.17%
Commodities
 
9.23%
Industry
 
8.94%
Healthcare
 
8.27%
Cash
 
0.63%