GSF Lux SICAV

Global Sustainable Equity

8
EU SFDR
S
Sustainable

Latest NAV Price

19.0100
03 October 2022

NAV daily change %

2.59

Dealing currency

EUR

Fund size

EUR 8.98 M
30 September 2022

Latest NAV Price

19.0100
03 October 2022

NAV daily change %

2.59

Dealing currency

EUR

Fund size

EUR 8.98 M
30 September 2022

Objective

Investment objective summary

  • The Fund aims to achieve total returns comprised of capital growth and income over at least 5-year periods, before allowing for fees.
      • The Fund invests primarily (at least two-thirds) in the shares of companies around the world and in related securities (which includes, without being exhaustive, depositary receipts and equity linked notes).
      • The Fund promotes environmental and/or social characteristics by investing in companies considered by the Investment Manager as having operations and/or business models that aim to minimise their harmful effects on society and the environment, or whose products and/or services seek to benefit society and the environment.
      Stephanie Niven
      Portfolio Manager
      Stephanie is a portfolio manager in the Sustainable Equity team within the Multi-Asset team at Ninety...

      Performance & returns

      As the share class was launched less than 12 months ago, performance is not disclosed.

      Key facts

      • Domicile

        Luxembourg
      • ISIN

        LU2398750682
      • Risk profile

        6
      • SEDOL

        BLB5925
      • CUSIP

        L6771A298
      • Bloomberg code

        NIGSEIE LX
      • Benchmark

        MSCI AC World Net Return
      • Fund inception date

        08/02/2022
      • Share class inception date

        11/04/2022
      • Minimum investment

        USD1,000,000 / equivalent approved currency
      • Valuation point

        16:00 New York Time (forward pricing)
      • EU SFDR

        Article 8
      • Ninety One Sustainability Classification

        Sustainable

      Portfolio & Holdings

      Date as of 31/08/2022
      Index
      Fund
      United States
      61.8
      Europe ex UK
      11.3
      Emerging Markets
      11.3
      United Kingdom
      3.7
      Far East ex Japan
      3.1
      Japan
      5.5
      Other
      3.3
      Cash and near cash

      Charges

      Maximum initial charge %

      5.00

      Ongoing charge %

      1.08
      The Fund may incur further expenses (not included in the above Ongoing charge) as permitted by the Prospectus.

      Specific fund risks

      Concentrated portfolio

      The portfolio invests in a relatively small number of individual holdings. This may mean wider fluctuations in value than more broadly invested portfolios.

      Currency exchange

      Changes in the relative values of different currencies may adversely affect the value of investments and any related income.

      Derivatives

      The use of derivatives is not intended to increase the overall level of risk. However, the use of derivatives may still lead to large changes in value and includes the potential for large financial loss. A counterparty to a derivative transaction may fail to meet its obligations which may also lead to a financial loss.

      Emerging market (inc. China)

      These markets carry a higher risk of financial loss than more developed markets as they may have less developed legal, political, economic or other systems.

      Equity investment

      The value of equities (e.g. shares) and equity-related investments may vary according to company profits and future prospects as well as more general market factors. In the event of a company default (e.g. insolvency), the owners of their equity rank last in terms of any financial payment from that company.

      Geographic / Sector

      Investments may be primarily concentrated in specific countries, geographical regions and/or industry sectors. This may mean that, in certain market conditions, the value of the portfolio may decrease whilst more broadly-invested portfolios might grow.

      Sustainable Strategies

      Sustainable, impact or other sustainability-focused portfolios consider specific factors related to their strategies in assessing and selecting investments. As a result, they will exclude certain industries and companies that do not meet their criteria. This may result in their portfolios being substantially different from broader benchmarks or investment universes, which could in turn result in relative investment performance deviating significantly from the performance of the broader market.

      We recommend that you seek independent financial advice to ensure this Fund is suitable for your investment needs.

      All the information contained in this communication is believed to be reliable but may be inaccurate or incomplete. Any opinions stated are honestly held but are not guaranteed and should not be relied upon.

      This communication is provided for general information only. It is not an invitation to make an investment nor does it constitute an offer for sale. The full documentation that should be considered before making an investment, including the Prospectus and Key Investor Information Documents, which set out the Fund specific risks, are available from Ninety One. This Fund should be considered as a long-term investment.

      Performance data source: © Morningstar, NAV based, (net of fees, excluding initial charges), total return, in the share class dealing currency. Performance would be lower had initial charges been included as an initial charge of up to 5% (10% for S shares) may be applied to your investment. This means that for an investment of $1,000, where the initial charge equals 5%, $950 ($900 for S shares) would actually be invested in the Fund. Returns to individual investors will vary in accordance with their personal tax status and tax domicile.

      Morningstar Analyst rating™: Copyright © 2022. Morningstar. All Rights Reserved. The information, data and opinions expressed and contained herein are proprietary to Morningstar and/or its content providers and are not intended to represent investment advice or recommendation to buy or sell any security; are 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 Rating, Rating Report or Information contained therein.

      The overall rating for a fund, often called the ‘star rating’, is a third party rating derived from a quantitative methodology that rates funds based on an enhanced Morningstar™ Risk-Adjusted Return measure. ‘Star ratings’ run from 1 star (lowest) to 5 stars (highest) and are reviewed at the end of every calendar month. The various funds are ranked by their Morningstar™ Risk-Adjusted Return scores and relevant stars are assigned. It is important to note that individual shareclasses of each fund are evaluated separately and their ratings may differ depending on the launch date, fees and expenses relevant to the shareclass. In order to achieve a rating the share class of a fund must have a minimum three-year performance track record.

      For a full description of the ratings, please see our ratings guide. A rating is not a recommendation to buy, sell or hold a fund.

      The portfolio may change significantly over a short period of time. This is not a buy or sell recommendation for any particular security. Figures may not always sum to 100 due to rounding. 

      For an explanation of statistical terms, please see our glossary.