Investment Objective
The goal of this strategy is to generate IG Carry using an independent ESG approach. The cash will be invested in EUR duration-hedged Green Government Bonds (Core EU). These Bonds are long-term investments that contribute to climate change mitigation. The investment team will seek to generate returns by being long the iTraxx MSCI ESG Screened index and actively managing the fund's net exposure by being short the iTraxx Main Europe index (hedge).
Reference Index
N/A
Performance
| JAN | FEB | MAR | APR | MAY | JUN | JUL | AUG | SEP | OCT | NOV | DEC | YTD | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 0.6 | 0.9 | 0.9 | 0.9 | 0.7 | 0.0 | 0.9 | 1.0 | 0.0 | 0.3 | 0.9 | 1.0 | 1.0 | |
| 2023 | 0.7 | 0.9 | 0.7 | 0.2 | 0.2 | 0.6 | 0.7 | 0.3 | 0.3 | 0.6 | 0.5 | 0.6 | 0.6 |
