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ISIN: DE0001619997
|
WKN: 161999
as at:

Investor's risk profile

Issue price

Redemption price

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Recommended holding period

Summary risk indicator
(SRI)

Morningstar overall rating™1

Scope rating1

Distribution type

funds with sustainability characteristics

What does sustainability mean for the MEAG Nachhaltigkeit?

The MEAG Nachhaltigkeit is classified as a product with environmental or social features (Article 8 product) in accordance with the EU Sustainable Finance Disclosure Regulation (SFDR). To achieve sustainability-related characteristics, we pay particular attention to the following ESG issues for companies:

Environment

  • Environmental protection
  • Efficient handling of resources
  • Reduction of greenhouse gas emissions
  • No nuclear power*
  • No genetic engineering*

Social

  • Equal rights
  • Respect for human and labour rights
  • Zero tolerance for banned and nuclear weapons
  • Exclusion of alcohol*, gambling*, tobacco and pornography*

Governance

  • Fighting corruption
  • Transparency and active dialogue with the companies

For more information on the Fund's sustainability strategy, the mandatory environmental and social features and a list of all exclusion criteria, please see Link (sustainable disclosure pursuant to Art. 10 EU Sustainable Finance Disclosure Regulation (SFDR))

* Turnover tolerance 5% each

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Investment strategy

The Fund's objective is to achieve attractive capital growth while taking account of environmental and social criteria. Investments are made globally in large leading companies that contribute to responsible economic growth. Large leading companies may be complemented by promising smaller companies.

This fund may be suitable for you if you...

This fund may be suitable for you if you...

  • want to participate in the growth opportunities of the international equity markets and at the same time invest in a forward-looking manner, taking into account environmental and social criteria
  • want a broadly diversified investment in international equities
  • wish to consider sustainability when investing
  • are prepared to accept significant fluctuations in value and risks in return for long-term opportunities for high returns
  • want to invest your capital over the long term

Sustainability strategy

  • Systematic selection of companies that achieve economic success with respect for the environment and society and adhere to the principles of good corporate governance.
  • Has mandatory environmental and social characteristics (Art. 8 Product according to the EU Sustainable Finance Disclosure Regulation (SFDR))
  • Based on ESG criteria: Selection of companies that are rated better than their peers within their sector (best-in-class approach).
  • Exclusion of companies that are active in certain controversial business areas or that violate established, recognized standards. Exclusion criteria may include turnover thresholds.
  • Consideration of the principle adverse impacts of investment decisions on sustainability factors (PAI)
  • Minimum share of 16% in sustainable investments in accordance with the EU Sustainable Finance Disclosure Regulation (SFDR)
  • Sustainability analysis using the MSCI ESG Research and ISS ESG databases
     
Sustainability-related disclosure

Opportunities

  • Opportunities for long-term returns through share price appreciation and dividends
  • Consideration of sustainability criteria in the investment policy
  • Broad diversification across sectors and countries
  • Foreign exchange gains on investments in foreign currencies

Risks

  • Share price losses due to market-related price fluctuations and company-specific risks
  • Reduced stock selection due to focus on sustainability
  • Shares of small and medium-sized companies are subject to higher price fluctuation risk than large caps
  • Foreign exchange losses on foreign currency investments

Performance of past 12 month periods (month end)

Status:

Past performance is not indicative of future returns.

Due to its composition or the techniques used by the fund management, the investment fund exhibits increased volatility, i.e. the unit prices may be subject to large downward or upward fluctuations even within short periods of time.

Performance of past 12 month periods (month end)

Status:

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Performance in the period of an investment of EUR in .

Investment period

Gross value development excluding a front-end load in the selected period. Past performance information is not a reliable indicator of future performance.

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Average performance (gross) p.a.: 

Performance of the past 12-month periods

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Performance (gross)

Period Cumulated p.a.
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Maximum Upswing & Maximum Drawdown

High-low chart

Last Update:

Maximum loss: This ratio measures the maximum loss of an investment over a given period (e.g. 1 year) as a percentage based on daily closing prices. It shows the maximum possible relative loss, taking into account distributions, that an investor would have suffered if he had bought at the highest unit price and sold at the lowest within a given period. Calculation: maximum loss = (lowest unit price × 100 / highest unit price (time before the low point)) - 100. The maximum gain, taking into account distributions, is calculated in the same way (highest unit price × 100 / lowest unit price (time before high) - 100).

Information on performance

On 01. January 2018, changes were made to the Fund's investment policy. The performance shown for the period prior to these changes was therefore achieved under circumstances that are no longer valid.

The gross performance (BVI method) takes into account all costs incurred at fund level (such as management fees). The net performance also takes into account the issuance fee, which reduces the performance. For an investment amount of 1,000 euros, the investor incurs a one-time issuance fee of 5.0% (= 47.62 euros) upon issuance. Since the issuance fee is only charged in the first year, the gross/net performances only differ in this year. The investor may incur additional securities account fees that reduce the performance. Past performance is not a reliable indicator of future performance. Source: MEAG.

Note: On days that fall on a public holiday or a weekend, the price of the previous day or the last available price is used, as it is not possible to determine a price on these days.

Fund key figures

Volatility³ p.a. (3 years): %3yVOL%%

as at: %Datefrom%

Master data

Fund name MEAG Nachhaltigkeit
Fund type Global equity fund
Investor type  Risk oriented
Unit class A
ISIN DE0001619997
Date of issue / formation of the unit class 01.10.2003
Investment term  at least 8 years
SFDR category  Art. 8

Further fund data

Fund currency Euro
Fiscal year-end 31.03.
Fund manager Johann Fürstenberger
Benchmark index MSCI World ESG Leaders Net Return EUR Index
Use of profits  Distributed
Profit distribution date June
Partial tax exemption  30%
Custodian  BNP Paribas S.A., Niederlassung Deutschland
SRI 4
Savings plan suitable yes
Suitable for employee capital formation yes
Swing Pricing no
Guarantee no
Term unlimited
Sales authorisation Germany, Austria

Costs and fees

Current issuance fee 5,0%
Ongoing costs 1.56% (business year 2022/2023)
Current management fee p.a.  1,50%
Performance bonus  no

Target market data

Product category Retail fund (UCITS)
Sales channel Execution only | No consultancy required | Investment advisory services
Customer category Private customer | Professional customer | Suitable counterparty
Know-how and/or experience Suitable for investors with basic knowledge and/or experience of securities
Capacity to bear financial losses Investor can bear losses (no capital protection)
Risk assessment (SRI) 4
Investment target General capital accumulation/optimisation
Investment horizon Long term (longer than 6 years)
Special requirements Sustainability

ESG Target market data

Classification according to the Disclosure Regulation Produkt nach Art. 8
Sustainability focus No ESG focus
Minimum share of sustainable investments pursuant to the Disclosure Regulation (Art. 2 No. 7 lit. b MiFID II delegated regulation) 16%
Minimum share of ecologically sustainable investments according to the Taxonomy Ordinance (Art. 2 No. 7 lit. a) MiFID II delegated regulation) 0%
Consideration of the most important negative effects (Art. 2 No. 7 lit. c) MiFID II delegated regulation) Company: Greenhouse gas emissions (Scope 1,2,3, total) | CO2 footprint | GHG intensity of invested companies | Exposure to fossil fuel companies | Proportion of consumption and production of non-renewable energy | Intensity of energy consumption and production of non-renewable energy | Activities that negatively impact biodiversity-sensitive areas | Water pollution | Percentage of hazardous waste | Violation of principles of the UN Global Compact Principles and OECD Guidelines for Multinational Enterprises | Lack of procedures and mechanisms to monitor compliance with the principles of the UN Global Compact and the OECD Guidelines for Multinational Enterprises | Unadjusted gender pay gap | Gender diversity on boards | Commitment regarding controversial weapons (anti-personnel mines, cluster munitions, chemical weapons and biological weapons) States: Greenhouse gas intensity | Investment countries where social violations occur

Sustainability strategy of MEAG Nachhaltigkeit

 

The fund prefers to invest in securities (equities and bonds) of issuers that achieve their economic success with respect for the environment and society and adhere to the principles of good corporate governance.

The environmental and/or social characteristics promoted by the Fund include the following

  • Exclusion of companies in accordance with the Fund's exclusion policy
  • Focus on issuers with good or very good ESG ratings (best-in-class approach)
  • Consideration of the impact of investment decisions on sustainability factors
  • A minimum proportion of sustainable investments in accordance with the EU Sustainable Finance Disclosure Regulation (SFDR).

These features are the mandatory elements of the Fund's sustainability strategy. Further information on the sustainability strategy of the Fund can be found here (section "Sustainability related information").

🛑 Exclusion criteria

  • Direct involvement in a very serious ESG-related controversy that is either ongoing or partially concluded ("red flag" and sub-segment "orange flag" according to MSCI ESG Research (hereinafter "MSCI")).
  • Companies with a sustainability rating of "CCC" and "B" according to MSCI ("ESG Laggards")
  • Alcohol (sales > 5 %)
  • Tobacco (sales > 0 %)
  • Pornography and pornographic entertainment services (sales > 5 %)
  • Gambling (sales > 5 %)
  • Genetic engineering (sales > 5 %)
  • Prohibited weapons, i.e. cluster bombs, landmines, biological and chemical weapons and incendiary weapons using white phosphorus (0% tolerance on sales)
  • Nuclear weapons  (0% tolerance on sales)
  • Nuclear power activities (sales > 5 %)
  • Uranium mining (sales > 5 %)
  • Conventional weapons, weapon systems, components and support systems and services (sales > 5 %)
  • Civilian firearms and ammunition (sales > 5 %)
  • Extraction of thermal coal (sales > 5 %)
  • Electricity generation from thermal coal (sales > 5 %)
  • Percentage of electricity generation from thermal coal (percentage max. 15%)
  • Developer of coal-fired power plants and/or infrastructure
  • Oil and gas extraction using unconventional methods (oil sands/fracking, sales > 0%)
  • Oil and gas extraction using conventional methods (sales > 20 %)
  • Serious violations of the ten principles of the UN Global Compact
     

🌱 Focus on issuers with good or very good ESG ratings (best-in-class approach)

Detailed sustainability ratings are used to filter out those companies who perform comparatively well in their respective industries in terms of environmental and social aspects as well as the principles of good corporate governance (the so-called best-in-class approach).

📋 Principle Adverse Impacts (PAI)

The fund management takes into account the most important indicators of adverse impact for each investment decision. These are used to examine possible negative effects of an investment decision on important ESG issues. 

14 key indicators of adverse impacts have been defined for companies and two for countries. These cover the following areas1:

  • Greenhouse gas emissions,  
  • Biodiversity,  
  • Water,  
  • Waste and
  • Social issues / Employee concerns.

As part of the consideration, the fund manager regularly and for each investment decision checks whether the company or the issuer of the security has a negative impact on important environmental, social or corporate governance issues. If this is the case, the fund manager either does not acquire the security or actively tries to influence the issuer or the company, depending on the severity of the negative impact. The aim is to reduce the negative impact of an investment on the environment and society.

1 Information on the main adverse impacts on sustainability factors is available in the fund's annual report Link  

📗 Sustainability Disclosure

For more information please follow this link.

1Awards
Past awards are not a reliable indicator of future performance and awards. Capital: The award refers to the fund company MEAG. Morningstar Overall Rating (TM) and Scope as at 31.10.2023. Data source - © Morningstar. Scope Analysis GmbH. All rights reserved. More at https://www.meag.com/de/investieren/privatkunden/unsere-ausgezeichneten.html.

2 Benchmark index:
Find out more about the composition of the benchmark index in the "Data" tab.

3 Volatility:
Data source – © Morningstar. All rights reserved. As at: 31.10.2023