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ISIN: DE000A2ARYT8
|
WKN: A2ARYT
as at:

Investor's risk profile

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Redemption price

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Summary risk indicator
(SRI)

Morningstar overall rating™1

Scope rating1

Distribution type

Sustainable fund

What does sustainability mean for the ERGO Vermögensmanagement Ausgewogen?

The ERGO Vermögensmanagement Ausgewogen is classified as a product with environmental or social features (Article 8 product) in accordance with the EU Disclosure Regulation.

Environment

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

Social

  • Social
  • Equal rights
  • Respect for human and labour rights
  • No outlawed atomic or conventional* weapons
  • Exclusion of alcohol*, gambling*, tobacco and pornography*

Governance

  • Fighting corruption
  • Transparency and active dialogue with the companies

More information on the fund's sustainability strategy and a list of all exclusion criteria (by company and country) can be found: Link. The sustainability-related disclosure pursuant to Art. 10 of the Disclosure Regulation is Link (section Miscellaneous, "Sustainability-related disclosure pursuant to Art. 10 of Regulation (EU) 2019/2088").

* Turnover tolerance 5% each

Fund report
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Investment strategy

The Fund's objective is to achieve attractive value growth in the medium to long term, taking ecological and social criteria into account . Investments are made worldwide in a variety of asset classes, such as stocks and bonds as well as – through indirect investments – real estate, precious metals and raw materials. The aim here is to achieve a balanced ratio between promising and more defensive asset classes; the equity quota is usually between 35 and 65 percent.

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

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

  • want to invest in a variety of asset classes through a single fund
  • are looking for a growth- oriented, broadly diversified investment that is also forward- looking and takes environmental and social criteria into account
  • want sustainability to be considered when you invest
  • tend to seek higher returns with a tendency to higher volatility and risk
  • want to invest your capital over the long term

Sustainability strategy

  • Preferential selection of securities (equities and bonds) from issuers who achieve their economic success with respect for the environment and society and who adhere to the principles of good corporate governance 
  • Has mandatory environmental and social characteristics (Art. 8 Product according to the EU Disclosure Regulation)
  • Exclusion of companies and countries 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 10% in sustainable investments in accordance with the Disclosure Regulation (impact- related investments)
  • Sustainability analysis using the MSCI ESG Research and ISS ESG databases
     
Sustainability- related disclosure

Opportunities

  • Equities: long- term income opportunities from price appreciation and dividends
  • Bonds: income from current interest payments; market- driven price increases in the event of a fall in interest rates or an improvement in the credit quality of individual issuers.
  • Consideration of sustainability criteria in investment policy
  • Increased opportunities for returns when investing in emerging markets, high yield bonds and commodities
  • Foreign exchange gains when investing in foreign currencies

Risks

  • Equities: Price losses due to market- related price fluctuations and company- specific risks
  • Bonds: Market- related losses when interest rates rise or the quality of individual issuers deteriorates
  • Reduced stock selection due to focus on sustainability
  • Increased volatility and risk of loss when investing in emerging markets, high yield bonds and commodities
  • Foreign exchange losses when investing in foreign currencies

Performance of past 12 month periods (month end)

Status:

Past performance is not indicative of future returns.

Performance of past 12 month periods (month end)

Status:

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What if?

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.

Final amount:
Performance (gross) in the selected period: 
Average performance (gross) p.a.: 

Performance in the last 12-month periods

Period Gross Net
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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 10.03.2021, 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 4.0% (= 38.46 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

Average yield: %avIntRate%%
Average return: %avRoR%%
Average remaining term (in years): %avResidTerm%
Volatility³ p.a. (3 years): %3yVOL%%

as at: %Datefrom%

Master data

Fund name ERGO Vermögensmanagement Ausgewogen
Fund type Global mixed fund
Investor type  Balanced
Unit class  -
Date of issue / formation of the unit class 15.03.2017
Investment term  at least 5 years
SFDR category  Art. 8

Further fund data

Fund currency Euro
End of business year 31.03.
Fund manager Dr. Jochen Heubischl
Benchmark index 18% STOXX Europe 600 – NR; 12% S&P 500 hedged in EUR – NR; 5% MSCI Emerging Markets – NR; 43% Bloomberg Barclays Euro Aggregate - TR; 15% Bloomberg Barclays US Aggregate - TR; 7% JPM EMBIG Diversified hedged EUR– TR
Use of profits  Distributed
Profit distribution date June
Partial tax exemption  15%
Custodian  BNP Paribas S.A., German branch
SRI  3
Savings plan suitable yes
Suitable for employee capital formation no
Swing pricing no
Guarantee no
Term unlimited
Sales authorisation Germany, Austria

Costs and fees

Current issuance fee 4,5%
Ongoing costs 1,30% (business year 2022/2023)
Current management fee p.a.  1,15%
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 | Pofessional customer | Suitable counterparty
Know- how and/or experience Suitable for investors with basic knowledge of and/or experience with securities
Capacity to bear financial losses Investor can bear losses (no capital protection)
Risk assessment (SRI) 3
Investment target General capital accumulation/optimisation
Investment horizon Medium term (3 - 5 years)
Special requirements Sustainability

ESG Target market data

Classification according to the Disclosure Regulation Product according to 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) 10%
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) Unternehmen: Treibhausgasemission (Scope 1,2,3, total) | CO2 Fußabdruck | THG Intensität der investierten Unternehmen | Engagement in Unternehmen, die im Bereich der fossilen Brennstoffe tätig sind | Anteil des Verbrauchs und der Erzeugung von nicht erneuerbarer Energie | Intensität des Energieverbrauchs und der Erzeugung von nicht erneuerbarer Energie | Aktivitäten, die sich negativ auf biodiversitätssensible Gebiete auswirken | Wasserverschmutzung | Anteil gefährlicher Abfälle | Verstoß gegen Grundsätze des UN Global Compact Principles und OECD Richtlinien für multinationale Unternehmen | Fehlen von Verfahren und Mechanismen zur Überwachung der Einhaltung der Prinzipien des UN Global Compact und der OECD-Leitsätze für multinationale Unternehmen | Unbereinigtes geschlechterspezifisches Lohngefälle | Geschlechtervielfalt in Aufsichtsgremien | Engagement gegenüber kontroversen Waffen (Antipersonenminen, Streumunition, chemische Waffen und biologische Waffen) Staaten: Treibhausgasintensität | Investitionsländer, in denen es zu sozialen Verstößen kommt

Sustainability strategy of ERGO Vermögensmanagement Ausgewogen


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 and countries in accordance with the Fund's exclusion policy
  • Consideration of the impact of investment decisions on sustainability factors
  • A minimum proportion of sustainable investments in accordance with the Disclosure Regulation.

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

The following exclusion criteria apply to the Fund

Exclusion Criteria for Companies :

  • Direct involvement in an ongoing, very serious ESG- related controversy ("red flag" according to MSCI ESG Research (hereinafter "MSCI")).
  • Companies with a sustainability rating of "CCC" according to MSCI
  • Tobacco (sales > 5 %)
  • 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 supporting systems and services (sales > 5 %)
  • Civilian firearms and ammunition (sales > 5 %)
  • Extraction of thermal coal (sales > 5 %)
  • Electricity generation from thermal coal (sales > 15 %)
  • Percentage of electricity generation from thermal coal (percentage max. 15%)
  • Developer of coal- fired power plants and/or infrastructure
  • Oil and gas production using unconventional methods (oil sands/fracking, sales > 5 %)
  • Serious violations of the ten principles of the UN Global Compact
     

Exclusion Criteria for Countries:

  • Countries with a sustainability rating of "CCC" according to MSCI (MSCI ESG Government Rating)
  • Non- free countries according to the Freedom House index ("not free")
  • Not a signatory to the Paris Climate Agreement
  • High levels of corruption (Corruption Perception Index below 30)
  • Countries subject to European Union (EU) sanctions

📋 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.

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

1For more details see ESG Target market data 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