ABN AMRO Funds Candriam Emerging Markets ESG Bonds D EUR Distribution/  LU2041742961  /

Fonds
NAV2024-10-30 Chg.+0.0300 Type of yield Investment Focus Investment company
81.7110EUR +0.04% paying dividend Bonds Emerging Markets ABN AMRO Inv. Sol. 

Investment strategy

Candriam Emerging Markets ESG Bonds belongs to the category of Single Manager Funds. The Fund seeks to increase the value of its assets over the medium term by investing predominantly in debt securities (with no rating constraints) of issuers located in, or having their registered office, or exercising a preponderant part of their economic activities in emerging countries. The Fund may also use derivatives on this type of asset for investment and hedging purposes. Selection of investments will rely on a combination of extra-financial (Environment, Social and Governance) and financial criteria. The sub-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. The portfolio will be composed of issuers that are either leading in ESG best-practice or attractive due to their progression in ESG. The ESG universe consists of best positioned companies based on the scores resulting from the Business Activities and Stakeholder Analysis and which have also passed the Norms-based Analysis and the Armament & Controversial Activities reviews. In order to assess the issuers ESG processes, the manager has developed an internal ESG analysis process by type of issuer: companies (private issuers), countries (state issuers), supranational organisations and adapted to debt issuers. Corporate issuers are evaluated on the basis of an analysis of the business activities (how companies' activities address the key sustainable challenges...) and of the stakeholders (how companies manage material stakeholder issues including employees, environment...). In addition, the fund aims to exclude companies that (i) have significantly and repeatedly breached one of the principles of the United Nations Global Compact, (ii) are significantly exposed to controversial activities (tobacco, thermal coal, alcool, weapons and unconventional oil & gas production...) (iii) manufacture, use or biological, white phosphorus, depleted uranium and nuclear weapons, and/or (iv) are exposed to countries considered as highly oppressive regimes.
 

Investment goal

Candriam Emerging Markets ESG Bonds belongs to the category of Single Manager Funds. The Fund seeks to increase the value of its assets over the medium term by investing predominantly in debt securities (with no rating constraints) of issuers located in, or having their registered office, or exercising a preponderant part of their economic activities in emerging countries. The Fund may also use derivatives on this type of asset for investment and hedging purposes.
 

Master data

Type of yield: paying dividend
Funds Category: Bonds
Region: Emerging Markets
Branch: Bonds: Mixed
Benchmark: 50,0% JPMorgan EMBIG Diversified Hedged in EURO 50,0% JP Morgan CEMBI Broad Diversified Hedged EUR
Business year start: 01-01
Last Distribution: 2024-06-04
Depository bank: State Street Bank International GmbH
Fund domicile: Luxembourg
Distribution permission: Germany, Luxembourg, Czech Republic
Fund manager: -
Fund volume: -
Launch date: 2020-02-25
Investment focus: -

Conditions

Issue surcharge: 5.00%
Max. Administration Fee: 0.50%
Minimum investment: - EUR
Deposit fees: -
Redemption charge: 1.00%
Key Investor Information: Download (Print version)
 

Investment company

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

Assets

Bonds
 
94.87%
Cash
 
5.13%

Countries

Mexico
 
8.76%
Cayman Islands
 
7.92%
Chile
 
6.87%
Cash
 
5.13%
Poland
 
4.48%
Hungary
 
3.83%
Peru
 
3.73%
Brazil
 
3.38%
Luxembourg
 
3.32%
Colombia
 
3.27%
United Arab Emirates
 
3.21%
Philippines
 
2.95%
Indonesia
 
2.90%
Cote d'Ivoire
 
2.76%
Singapore
 
2.68%
Others
 
34.81%

Currencies

US Dollar
 
84.53%
Euro
 
10.34%
Others
 
5.13%