Pharus Sicav Equity Leaders
|Net Asset Value||162,57 EUR|
|Fund Size||23.051.797 EUR|
|Launch Date||16 feb 2010|
|Benchmark||ITALY FIDEURAM FLEXIBLE|
|Management Company||PHARUS MANAGEMENT LUX SA|
|Investment Manager||Pharus Asset Management SA|
Risk & reward profile
Last updated on 27.11.2023
|Us 10yr Note (cbt)dec23||8.74 %|
|Nike Inc -cl B||2.41 %|
|Nextera Energy Inc||2.25 %|
|Alphabet Inc-cl A||2.23 %|
|Pfizer Inc||2.2 %|
|Bank Of America Corp||2.1 %|
|Walt Disney Co/the||2.05 %|
|Estee Lauder Companies-cl A||2.04 %|
|Wells Fargo & Co||2.02 %|
|American Electric Power||2 %|
SFDR Article: 8
The Sub-Fund does not have as its objective a sustainable investment, but promotes social characteristics with a proportion of sustainable investments with a social objective of at least 80% of its assets.
The Sub-Fund’s sustainable investment objective is to select companies promoting peaceful, just and inclusive principles, evidencing a strong Sustainability rating and following good governance practices, while avoids the exposure to companies involved in controversial weapons production, tobacco production, adult entertainment, gambling sector, violation of United Nation Global Pact, as per the internal ESG policy defined.
Social characteristics promoted are mainly represented by the below:
- Security of products and health
- Human rights and human dignity
- Equality labour conditions
All the investments are assessed ex ante by an independent external ESG advisor and need to be compliant with including criteria and not in breach with excluding criteria set out on the applicable ESG policy. Investments aligned with E/S characteristic must attain the social characteristics promoted by the financial product and must represent at least 80% of the Sub-fund’s asset. Sustainable investments are investments in securities whose rating is considered acceptable and which comply with the excluding criteria set out in the ESG policy applicable. Other Investments include cash, derivatives, bonds and equities which do not have any ESG rating or with a weak ESG rating and can represent up to 20% of the portfolio.
Principal adverse impacts
This financial product considers PAI and monitors additional PAI with the support of an ESG Advisor that produces, on quarterly basis, a complete report that illustrates the PAI and the results for the portfolio. Furthermore, the Sub-Fund focuses on the PAI number 10 and 11. PAI number 10 monitors/takes into consideration weight of company with severe violation of UNGC principles or OECD guidelines for multinationals. PAI number 11 refers to weight of companies without mechanism for monitoring the compliance with UNGC principles and OECD guidelines.
The exclusion criteria applied to the investment universe, are aimed to exclude companies