Sustainable Equities Boutique Thematic Equities

Vontobel Fund - Clean Technology

ISIN
LU0384405949
Valor
4513022

Fund strategy

Investment objective

This equity fund aims to generate long-term capital growth while respecting risk diversification.


Key features

The fund invests in the field of clean technologies around the globe mainly in stocks of innovative companies which provide solutions for clean water, clean energy, future mobility, smart building, resource efficiency, or recycling. The selected companies offer considerable long-term growth potential and their stock prices have attractive upside potential versus the estimated enterprise values at the time of the investment.


Approach

The specialized and seasoned investment team takes long-term high-conviction investment decisions based on in-depth research. The team actively adapts portfolio positions to seize attractive new opportunities and control risks always in line with their latest assessment of investment conditions. They may use derivative financial instruments as well.

416.84
NAV
5.75%
Performance YTD
4 stars
As at Aug 10 2020 As of Jun 30 2020

Why invest?

  • Responsible consumers want to support companies that generate a positive impact. At the same time, they are interested in financial returns.
  • We invest in companies that improve our lives, minimize our footprint, and perform financially. Our aim is to construct equity portfolios with a sound mix of established names and disruptive newcomers.
  • Companies that provide solutions to climate and environmental challenges are likely to gain market share and face fewer regulatory issues than competitors.

What’s your impact? Try our Clean-Tech calculator

Generation of renewable energy:

0 kWh


Provide clean energy to

0 people

for one year

Shipment of renewable energy devices:

0 kW


Replacing

0 t

of annual coal consumption

Eco-friendly passenger transport:

0 pass. km


Avoiding

 

of short distance flights per year

Provision of drinking water:

0 m3


Supplying water to

0 people

for one year

Water recycled, treated or saved:

0 m3


Treating waste water of

0 people

for one year

Rail cargo transport:

0 t km


Taking

0 trucks

off the Gotthard route per year

Waste treated or recycled:

0 t


Treating waste of

0 people

per year

Carbon footprint:

0 t CO2*


Causing emissions equiv. to

0 cars

on the road

Avoided carbon emissions:

0 t CO2**


Avoiding emissions equiv. to

cars

off the road

References

* Emissions caused under carbon footprint method; ** Emissions saved under PAE method (scope 1&2)

Source: Vontobel Asset Management. Portfolio as of June 30, 2019. Renewable energy generated: Eurostat: Electricity consumption per capita in the households sector in the EU-28 in 2017 was 1'579 kWh per capita. Source: https://ec.europa.eu/eurostat; Renewable energy devices shipped: Assumptions: Wind and solar power - average capacity; 29%. 1 kW of renewable capacity replaces 3.08 t of Coal in a power plant Drinking water provided: European environment agency: On average, 144 litres of water per person per day is supplied to households in Europe. (2017: per year: 144*365 = 52'560 l or 52.56 m3). www.eea.europa.eu; Water recycled/treated/ saved: see drinking water; Waste treated/processed/recycled: Eurostat waste statistics 2017: EU average of 487 kg waste per capita and year. Source: https://ec.europa.eu/eurostat; Train passenger transport: Flight travel definition: short distance flight up to 1500 km; We took a distance of 500 km; Rail cargo: Cargo: Netload of a 40 t truck is 27 t: we assumed a road distance from Erstfeld to Biasca (78 km) which now can be replaced by rail cargo; Carbon footprint: Cars: average annual distance in Germany 2018: 13727 km; Average CO2 emission of EU cars in 2018: 120.4 g/km -> 1.6527 t CO2/year. Source: www.kba.de; Kraftfahrtbundesamt; Avoided emissions: see carbon footprint

"As a thematic investor, you look for environmental benefits as well as financial performance – we can offer both."

Pascal Dudle, Head of Global Trend Investing

 

Our investment process

Our target companies, innovation leaders in the area of clean technology, should benefit from the global trend towards more sustainable urbanization and industrialization. They also help to minimize the impact of human activity on the planet. We believe increasing demand for their solutions will lead to market-share gains, pricing power, and rising stock prices. Moreover, such companies are less exposed to tighter regulation than their competitors.

Making ESG a business objective can pay off. Stocks of such companies have the potential to beat their peers and the general market, in our opinion. As part of our integrated investment process, we also use information on companies’ handling of ESG to spot potential risks.

The investment universe consists of approximately 400 companies scattered across multiple sectors. After a close look at potential candidates including the evaluation of thematic, financial and ESG aspects, we arrive at a portfolio of 50 to 70 stocks.

Investment opportunity - investing in a sustainable future

To identify opportunities and risks, we have developed a carbon reporting method. At the same time, we use our unique impact analysis to measure potentially avoided emissions. We believe our “potentially avoided emissions” (PAE) method is a better measure than the established carbon footprint, whose narrow focus on the production process we find inadequate. By contrast, the PAE method we developed with environmental research company ISS climate covers a product’s entire lifecycle. Using this metric to pick the best companies in the sectors we focus on, we arrive at an actively managed portfolio with a favorable environmental impact.

infograph-product-cleantech_en

What does this mean for you as an investor? Together with our environmental research company ISS climate, we have calculated the following example: an investment of 10,000 euros in the Clean Technology fund helps avoid CO2 emissions by 41 tons, or the equivalent of six car trips around the world.

Investment philosophy – it’s easy to clean up your act

Responsible consumers want to support companies that generate a positive impact. At the same time, they are interested in financial returns.

We invest in companies that improve our lives, minimize our footprint, and perform financially. Our aim is to construct equity portfolios with a sound mix of established names and disruptive newcomers.

Companies that provide solutions to climate and environmental challenges are likely to gain market share and face fewer regulatory issues than competitors.

Investment team

Pascal Dudle, Head of Global Trend Investing and portfolio manager of the Clean Technology fund, has more than 20 years of investment experience. He is supported by a team of investment experts able to conduct financial as well as ESG analyses. Being active asset managers, we rely on our own in-house fundamental research.

All data is as at Jun 30 2020 unless otherwise indicated.

Daily Performance

Periodic Performance

1M YTD 3Y 5Y SI
I EUR 2.2% -1.4% 6.4% 6.9% 288.8%
Index 1.7% -5.8% 7.2% 6.7% 266.0%

Rolling Performance

Jul 01 2015 - Jun 30 2016 Jul 01 2016 - Jun 30 2017 Jul 01 2017 - Jun 30 2018 Jul 01 2018 - Jun 30 2019 Jul 01 2019 - Jun 30 2020
I EUR -2.9% 19.0% 0.1% 9.6% 10.0%
Index -2.5% 15.1% 8.5% 9.0% 4.3%

Annual Performance

Risk Data

Portfolio
Volatility 16.8%
Sharpe ratio 0.4
Information ratio negative
Tracking error 5.7%
Jensens alpha -0.9%
Beta 1.0
[3 years annualized]
Past performance is not a reliable indicator of current or future performance. Performance data does not take into account any commissions and costs charged when shares of the fund are issued and redeemed, if applicable. The return of the fund may go down as well as up due to changes in rates of exchange between currencies. The value of the money invested in the fund can increase or decrease and there is no guarantee that all or part of your invested capital can be redeemed.

All data is as at Aug 10 2020 unless otherwise indicated.

Fund data
Portfolio Manager Pascal Dudle
Fund Domicile Luxembourg
Fund Currency EUR
Share Class Currency EUR
End of fiscal year 31 August
Index MSCI World Index TR net EUR
Share Class Launch date Nov 17 2008
Distribution type Accum
Fund Registrations AT, CH, DE, ES, FI, FR, GB, IT, LI, LU, NL, NO, PT, SE, SG
Share Class Registrations AT, CH, DE, ES, FI, FR, GB, IT, LI, LU, NL, NO, SE, SG
Nav Information
Highest since launch 425.03
Lowest since launch 87.75
Fund volume in mln. EUR 618.54
Share class volume in mln. EUR 150.34
Fees And Expenses
Management fee 0.83%
TER 1.19% (Feb 28 2020)
Identifiers
ISIN LU0384405949
Valor 4513022
Bloomberg VONCLEI LX
WKN A0RCVY
Parties
Depository RBC Investor Services Bank S.A.
Management Company Vontobel Asset Management S.A.
Swiss Paying Agent Bank Vontobel AG
Swiss Representative Vontobel Fonds Services AG

Available Share Classes

Share class Currency ISIN Distrib. Type Launch date Management fee TER TER Date
A EUR LU0384405519 Dist Retail Nov 17 2008 1.65% 2.05% Feb 28 2020
A CHF LU1407930350 Dist Retail Jul 29 2016 1.65% 2.05% Feb 28 2020
AN EUR LU1683485178 Dist Retail Oct 10 2017 0.83% 1.23% Feb 28 2020
AN CHF LU1683484874 Dist Retail Oct 09 2017 0.83% 1.23% Feb 28 2020
B EUR LU0384405600 Accum Retail Nov 17 2008 1.65% 2.05% Feb 28 2020
B CHF LU1407930780 Accum Retail Jul 29 2016 1.65% 2.05% Feb 28 2020
C USD LU1956006941 Accum Retail Jul 12 2019 2.25% 2.65% Feb 28 2020
C EUR LU1651443175 Accum Retail Aug 11 2017 2.25% 2.65% Feb 28 2020
H (hedged) CHF LU1407930947 Accum Retail Jul 15 2016 1.65% 2.11% Feb 28 2020
H (hedged) USD LU1618348079 Accum Retail Jun 02 2017 1.65% 2.11% Feb 28 2020
HN (hedged) CHF LU1683485095 Accum Retail Oct 10 2017 0.83% 1.29% Feb 28 2020
HN (hedged) USD LU1683485251 Accum Retail Oct 10 2017 0.83% 1.29% Feb 28 2020
I EUR LU0384405949 Accum Institutional Nov 17 2008 0.83% 1.19% Feb 28 2020
N EUR LU1598842364 Accum Retail Apr 27 2017 0.83% 1.23% Feb 28 2020
N CHF LU1683484957 Accum Retail Oct 10 2017 0.83% 1.23% Feb 28 2020
N GBP LU1618348236 Accum Retail Aug 04 2017 0.83% 0.98% Feb 28 2020
Click here to see an overview of our shareclass naming convention.

* TER includes performance fee where applicable

All data is as at Jun 30 2020 unless otherwise indicated.

Major Sectors

Document Date DE EN ES FR IT
Factsheets & Commentaries
Factsheet Jun 2020
Monthly Commentary Jun 2020
KIIDs
KIID Jun 2020
Legal Documents
Articles of Association Apr 2016
Merger plan Jun 2016
Notification to Investors Jan 2020
Sales Prospectus Dec 2019
Financial Reports
Annual Report Aug 2019
Dividend Payout Jan 2019
Semi-Annual Report Feb 2020
Dealing Information
Holiday Calendar 2020 Jan 2020
List of Active Retail Share Classes Dec 2018
Insights
Impact report 2019 Vontobel Fund - Clean Technology Oct 2019
Potential Avoided Emissions in Vontobel Fund Clean Technology Dec 2018
Policies
Sanctioned Countries Sep 2016
Shareclass Naming Convention Nov 2019
  • Limited participation in the potential of single securities

  • Success of single security analysis and active management cannot be guaranteed

  • It cannot be guaranteed that the investor will recover the capital invested

  • Derivatives entail risks relating to liquidity, leverage and credit fluctuations, illiquidity and volatility

  • Price fluctuations of investments due to market, industry and issuer linked changes are possible

  • Investments in foreign currencies are subject to currency fluctuations

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