Vontobel has expanded its suite of sustainable funds with the addition of a new global impact equity fund. This will be managed by newly-appointed Elena Tedesco, a highly experienced Portfolio Manager who further strengthens Vontobel’s growing Listed Impact team.
Elena Tedesco has joined Vontobel as a Portfolio Manager with responsibility for the newly launched Vontobel Fund II- Global Impact Equities on June 7. Elena joins Vontobel from Federated Hermes, where she was the co-portfolio manager for the global emerging markets ESG strategies and Director of Sustainability for the Global Emerging Markets team. She has over 20 years of experience in integrating sustainability in fundamental equity analysis and engagement and was responsible for developing the investment approach to sustainability and ESG issues for Federated Hermes’ emerging markets equity strategies. Prior to that, Elena was an analyst at Deminor, a Belgium-based independent research boutique, now part of ISS within Deutsche Börse group. She holds a degree in Economics and Business Administration, a Master's degree in European Economic Affairs from the College of Europe, and is a CFA charterholder.
The new Global Impact Equities fund seeks a “double dividend” for investors by investing in companies which contribute to the advancement of the United Nations Sustainable Development Goals (SDGs) and targets as well as delivering attractive performance. The fund invests in companies that are helping to address critical challenges such as pollution and climate change, resource scarcity, food distribution, population growth, insufficient healthcare, rising inequalities, financial exclusion and illiteracy. Under SFDR regulations the fund qualifies as an article 9 fund.
The fund targets eight investable areas, with four of these focusing on companies that work towards a better environment: clean energy, clean water, sustainable cities and innovative industry and technology. The remaining four areas pertain to societal change: good health and wellbeing, sustainable food, responsible consumption and equal opportunities.
“Elena is well-known in the industry as an expert on sustainability and has been at the vanguard of ESG for the last two decades. Her strong background and experience in broader ESG issues as well as specifically in impact investing will play a key role in further strengthening Vontobel’s expertise in the impact space to generate value for our clients” comments Dan Scott, Head of Impact & Thematics.
“We believe the increasing demand for innovative solutions that contribute to a better environment and societal change will lead to market share gains, pricing power and rising stock prices. Moreover, such companies are less exposed to tightening regulation than their competitors. We are committed to creating real and tangible change through this positive impact fund, including continued engagement with companies on the most pressing societal and environmental issues” says Elena Tedesco, Portfolio Manager.
Vontobel has been offering sustainable and impact solutions since 2008. The launch of the Global Impact Equities fund is a further testament of the firm’s commitment to taking responsibility on how investments can influence society.
|Vontobel Fund II- Global Impact Equities|
|Fund manager||Elena Tedesco|
|Management fee in % p.a.||I share class: 0.83% (Institutional share class)|
|ISIN||I EUR: LU2294185561|
This marketing document was produced by one or more companies of the Vontobel Group (collectively "Vontobel") for institutional clients, for distribution in AT, CH, DE, FR, LU, ES, GB, IT and SE.
This document is for information purposes only and does not constitute an offer, solicitation or recommendation to buy or sell shares of the fund/fund units or any investment instruments, to effect any transactions or to conclude any legal act of any kind whatsoever. Subscriptions of shares of the fund should in any event be made solely on the basis of the fund’s current sales prospectus (the “Sales Prospectus”), the Key Investor Information Document (“KIID”), its articles of incorporation and the most recent annual and semi-annual report of the fund and after seeking the advice of an independent finance, legal, accounting and tax specialist. This document is directed only at recipients who are institutional clients, such as eligible counterparties or professional clients as defined by the Markets in Financial Instruments Directive 2014/65/EC (“MiFID”) or similar regulations in other jurisdictions, or as qualified investors as defined by Switzerland’s Collective Investment Schemes Act (“CISA”).
Interested parties may obtain the above-mentioned documents free of charge from the representative in Switzerland: Vontobel Fonds Services AG, Gotthardstrasse 43, 8022 Zurich, the paying agent in Switzerland: Bank Vontobel AG, Gotthardstrasse 43, 8022 Zurich , the paying agent in Austria: Erste Bank der oesterreichischen Sparkassen AG, Graben 21, A-1010 Vienna, the paying agent in Germany: LBBW Landesbank Baden-Württemberg, Große Bleiche 54-56, 55116 Mainz, the paying agent in France: Société Générale Securities Services Tour Granite 17, cours Valmy Paris La Défense 7, 75886 Paris Cedex 18, France, from the authorized distribution agencies and from the offices of the fund at 11-13 Boulevard de la Foire, L-1528 Luxembourg. Refer for more information on the fund to the latest prospectus, annual and semi-annual reports as well as the key investor information documents (“KIID”). These documents may also be downloaded from our website at vontobel.com/am.
The KIID is available in Swedish.
Refer for more information regarding subscriptions in Italy to the Modulo di Sottoscrizione. For any further information: Vontobel Asset Management S.A., Milan Branch, Piazza degli Affari 2, 20123 Milano, telefono: 0263673444, e-mail [email protected]
In Spain, funds authorized for distribution are recorded in the register of foreign collective investment companies maintained by the Spanish CNMV (under number 280). The KIID can be obtained in Spanish from Vontobel Asset Management S.A., Spain Branch, Paseo de la Castellana, 95, Planta 18, E-28046 Madrid or electronically from [email protected]
The fund authorised for distribution in the United Kingdom and entered into the UK’s temporary marketing permissions regime can be viewed in the FCA register under the Scheme Reference Number 466625. The fund is authorised as a UCITS scheme (or is a sub fund of a UCITS scheme) in a European Economic Area (EEA) country, and the scheme is expected to remain authorised as a UCITS while it is in the temporary marketing permissions regime. This information was approved by Vontobel Asset Management SA, London Branch, which has its registered office at 3rd Floor, 70 Conduit Street, London W1S 2GF and is authorized by the Commission de Surveillance du Secteur Financier (CSSF) and subject to limited regulation by the Financial Conduct Authority (FCA). Details about the extent of regulation by the FCA are available from Vontobel Asset Management SA, London Branch, on request. The KIID can be obtained in English from Vontobel Asset Management SA, London Branch, 3rd Floor, 70 Conduit Street, London W1S 2GF or downloaded from our website vontobel.com/am.
The Sub-Fund’s investments may be subject to sustainability risks. The sustainability risks that the Sub-Fund may be subject to are likely to have an immaterial impact on the value of the Sub-Funds’ investments in the medium to long term due to the mitigating nature of the Sub-Fund’s ESG approach.
There is a risk of inaccurately assessing a security or issuer based on inaccurate or incomplete data from third party ESG research data providers.
Information on how sustainable investment objectives are achieved and how sustainability risks are managed in this Sub-Fund may be obtained from Vontobel.com/SFDR.
Except as permitted under applicable copyright laws, none of this information may be reproduced, adapted, uploaded to a third party, linked to, framed, performed in public, distributed or transmitted in any form by any process without the specific written consent of Vontobel Asset Management AG (“Vontobel”). To the maximum extent permitted by law, Vontobel will not be liable in any way for any loss or damage suffered by you through use or access to this information, or Vontobel’s failure to provide this information. Our liability for negligence, breach of contract or contravention of any law as a result of our failure to provide this information or any part of it, or for any problems with this information, which cannot be lawfully excluded, is limited, at our option and to the maximum extent permitted by law, to resupplying this information or any part of it to you, or to paying for the resupply of this information or any part of it to you. Neither this document nor any copy of it may be distributed in any jurisdiction where its distribution may be restricted by law. Persons who receive this document should make themselves aware of and adhere to any such restrictions. In particular, this document must not be distributed or handed over to US persons and must not be distributed in the USA.
At Vontobel, we actively shape the future. We create and pursue opportunities with determination. We master what we do – and we only do what we master. This is how we get our clients ahead. As a globally active investment manager with Swiss roots, we specialize in wealth management, active asset management and investment solutions. We harness the power of technology to deliver a high-quality, individual client experience and to deploy our investment expertise across multiple platforms and ecosystems. We empower our employees to take ownership of their work and bring opportunities to life. We do so based on the conviction that successful investing begins with the assumption of personal responsibility. We continuously scrutinize our achievements as we strive to exceed the expectations of our clients. The registered shares of the Vontobel Holding AG are listed on the SIX Swiss Exchange. The Vontobel families' close ties to the company guarantee our entrepreneurial independence. We consider the resulting freedom as an obligation to also assume our social responsibility. As of December 31, 2020, Vontobel held CHF 312.2 billion of total client assets. Around the world and in our home market, we serve our clients from 26 locations.
This document is for information purposes only and does not constitute an offer of any kind. The services described in the document are supplied under the agreement signed with the service recipient. The nature, scope and prices of services and products may vary from one country to another and may change without notice at any time. Certain services and products are not available worldwide or from all companies of Vontobel. In addition, they may be subject to legal restrictions in certain countries.