Febelfin labelled Alfred Berg products – Towards Sustainability
Alfred Berg has since many years taken ESG factors into consideration in our investing on behalf of our clients. Going forward many funds in the market will comply with certain certifications, mainly due to client demand. Clients demand this to ensure that the funds they invest in really take the ESG factor considerations they claim.
The following two funds that we manage have recently obtained the Sustainable and Socially Responsible financial products label label of Febelfin, the Belgian FSA:
- Alfred Berg Likviditet Pluss
- Parworld Bond Nordic Investment Grade (a feeder fund that invests in Alfred Berg Nordic Investment Grade)
The name of the label is “Towards Sustainability” and it is granted for one year at the time.
This is a label that has rather strict requirements, more can be found here: https://www.towardssustainability.be/en/quality-standard
The requirements will evolve over time and will probably be more demanding as time passes.
For the above mentioned funds, their specific “Towards Sustainability” profile can be found here:
- Alfred Berg Likviditet Pluss – Towards Sustainability Profile
- Parworld Bond Nordic Investment Grade – Towards Sustainability profile
The fund Alfred Berg Nordic Investment Grade is indirectly also labelled as it is the master of the feeder fund Parworld Bond Nordic Investment Grade, and hence the vehicle that has passed the labeling process and audit. We will ensure the fund also gets its own “Towards Sustainability” label from Febelfin.
In our Sustainable and Responsible Investment (SRI) approach, we are strengthened by the processes and research of our mother company, BNP Paribas Asset Management, that is among the leaders in the Socially Responsible Investment area.
If you have any questions, do not hesitate to contact us.
Norway is among the highest ranked nations in the world on ESG factors (Environmental, Social and Governance) according to RobecoSam and ISS*. Of noticeable particularities in the country, is the domestic green hydropower covering all the domestic electricity consumption. They also have the highest proportion of electric cars in the world. Moreover, at the same time, Norway produce oil and gas, albeit in the cleanest way and reserving the money earned to the Norwegian people.
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Investments in funds are always related to risk. Past performance is no guarantee of future results. Performances are calculated net of fees. Investments in funds are subject to market fluctuation and risks inherent in investing in securities. The value of investments and the revenue they generate can increase or decrease and it is possible that investors will not recover their initial investment.