ABN AMRO Funds Parnassus US ESG Equities D EUR Capitalisation
LU1586378710
ABN AMRO Funds Parnassus US ESG Equities D EUR Capitalisation/ LU1586378710 /
NAV2024-08-22 |
Chg.-1.8030 |
Type of yield |
Investment Focus |
Investment company |
241.0350EUR |
-0.74% |
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: |
2018-01-16 |
Investment focus: |
- |
Conditions
Issue surcharge: |
5.00% |
Max. Administration Fee: |
0.75% |
Minimum investment: |
5,000.00 EUR |
Deposit fees: |
- |
Redemption charge: |
1.00% |
Key Investor Information: |
- |
Countries
United States of America |
|
95.92% |
Ireland |
|
2.81% |
Cash |
|
1.27% |
Branches
IT/Telecommunication |
|
43.92% |
Finance |
|
17.20% |
Industry |
|
10.60% |
Consumer goods |
|
9.51% |
Commodities |
|
7.68% |
Healthcare |
|
6.10% |
real estate |
|
3.72% |
Cash |
|
1.27% |