Sustainable Equities Boutique Thematic Equities

Vontobel Fund - Clean Technology

ISIN
LU0384405949
Valor
4513022
Sedol
B7Y7LY6

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.

488.05
NAV
23.81%
Performance YTD
5 stars
As at Nov 30 2020 As of Oct 31 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:

1,871kWh


Provide clean energy to

1 people

for one year

Shipment of renewable energy devices:

1 kW


Replacing

3 t

of annual coal consumption

Circular economy (recovery, reuse):

144 kg


Avoiding raw materials that

4 people

consume in one day

Provision of drinking water:

250m3


Supplying water to

5 people

for one year

Water saved, recycled or treated:

212 m3


Treating waste water of

4 people

for one year

Waste management:

1 tons


Treating waste of

3 people

for one year

Cargo / passenger transport by rail:

5,765 km


Saving

114 liters

of diesel/ gasoline

Carbon footprint:

1 t CO2e


Causing anual emissions equivalent to

1 cars

on the road

Avoided carbon emissions:

47 t CO2e


Avoiding emissions equiv. to

29 cars

off the road

References


Electricity consumption per capita in the households sector in the EU in 2018 was 1'582 kWh per capita. Source: https://ec.europa.eu/eurostat
Renewable energy devices shipped:Assumptions: Wind and solar power - average capacity 30%. 1 kW of renewable capacity replaces 2.01 t of Coal in a power plant 1
Circular economy: Approx 17 t per capita, CH's raw material footprint in 2015 was above the EU-27 average of around 14. Source: https://www.bafu.admin.ch
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 2018: EU average of 489 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: Passenger: Cargo: Netload of a 40 t truck is 27 t and average diesel consumption of 35 l/100 km
Carbon footprint: Car average annual distance in Germany 2019: 13602 km; Average CO2 emission of newly registered EU cars in 2019: 122.4 g/km Source:European environment agency (EEA) -> Total CO2 per car/year: 1665 kg CO2/year
Avoided emissions: see carbon footprint

Impact report: what gets measured gets done

What gets measured gets done. So how do you measure the impact of your investment on the environment? Take our updated impact calculator, which uses nine easy-to-understand indicators that dynamically reflect the amount invested.

For in-depth reading, see our latest Impact Report, which relates to the Vontobel Fund - Clean Technology, which highlights the positive effect of eco-friendly investments. The contribution may seem modest from the point of view of an individual, but the higher the number of ESG-minded investors, the greater the impact will be. And let’s not forget the financial returns that come with ESG investments.

Download the report

"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 Oct 30 2020 unless otherwise indicated.

Daily Performance

Periodic Performance

1M YTD 3Y 5Y SI
I EUR 1.5% 12.4% 8.5% 10.1% 343.1%
Index -2.4% -5.0% 6.0% 7.0% 269.2%

Rolling Performance

Nov 01 2015 - Oct 30 2016 Nov 01 2016 - Oct 30 2017 Nov 01 2017 - Oct 30 2018 Nov 01 2018 - Oct 30 2019 Nov 01 2019 - Oct 30 2020
I EUR 4.6% 21.4% -12.4% 23.5% 17.9%
Index 2.0% 15.5% 4.0% 14.5% 0.0%

Annual Performance

Risk Data

Portfolio
Volatility 16.9%
Sharpe ratio 0.5
Information ratio 0.3
Tracking error 6.8%
Jensens alpha 2.5%
Beta 0.9
[3 years annualized]
Past performance is not a reliable indicator of current or future performance. The return may go down as well as up, e.g. due to changes in rates of exchange between currencies. The value of invested monies 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 Nov 30 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 466.17
Lowest since launch 87.75
Fund volume in mln. EUR 935.65
Share class volume in mln. EUR 290.35
Fees And Expenses
Management fee 0.83%
TER 1.19% (Feb 28 2020)
Identifiers
ISIN LU0384405949
Valor 4513022
Bloomberg VONCLEI LX
SEDOL B7Y7LY6
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 Oct 30 2020 unless otherwise indicated.

Major Sectors

Document Date DE EN ES FR IT
Factsheets & Commentaries
Factsheet Oct 2020
Monthly Commentary Oct 2020
KIIDs
KIID Jun 2020
Legal Documents
AGM EGM invitation Jan 2020
Articles of Association Apr 2016
Merger plan Jun 2016
Notification to Investors Nov 2019
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
Impact Report 2020 Vontobel Fund - Clean Technology Oct 2020
Potential Avoided Emissions in Vontobel Fund Clean Technology Dec 2018
Policies
Sanctioned Countries Sep 2016
Shareclass Naming Convention Nov 2019

Risks

  • 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

Morningstar rating: © 2020 Morningstar, Inc. All rights reserved. The information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete, or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information.