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BL Sustainable Horizon
Theme Fund
Data as of 21/01/2021
Risk level
| Low |  | High |
Performance
Average annual performance since launch 5,37 %
Performance as at 21/01/2021
| FUNDS | |
|---|---|
| 2018 | 0,90 % |
| 2019 | 19,59 % |
| 2020 | -1,56 % |
| Since 01/01/2021 | 0,11 % |
| Over the last 12 months | -4,06 % |
| Over 3 years | 19,28 % |
| Since launch | 98,04 % |
Composition
| Asset breakdown | |
|---|---|
| Equities | 88,43 % |
| Cash | 7,23 % |
| Bonds | 4,34 % |
| Breakdown by currency | |
|---|---|
| EUR | 28,68 % |
| USD | 22,85 % |
| GBP | 12,76 % |
| SEK | 8,77 % |
| JPY | 7,85 % |
| Others | 19,08 % |
| Main positions | |
|---|---|
| Unilever PLC | 7,52 % |
| Essity AB B | 6,96 % |
| Kimberly Clark Corp | 6,59 % |
| Canadian National Railway Co | 5,32 % |
| Colgate Palmolive Co | 5,10 % |
Strategy
Investment objective and policy
The sub-fund invests a minimum of 75% of its net assets in global equities, without any geographical (including emerging countries), sectorial or monetary limitations. The selection process focuses in particular on environmental, social and governance (ESG) factors.Management report - 3rd Quarter 2020
Equity markets continued to bounce back in the third quarter, extending their rally since the historic slump in March. From July to September, the MSCI All Country World Index net total return expressed in euros gained 3.6%. The political and monetary authorities' massive support programmes were the main factor driving the share-price rebound despite the economic damage caused by the COVID-19 pandemic. The NAV of BL Sustainable Horizon (retail accumulation share net of fees in euros) gained 3.5% during the third quarter. Within the portfolio, a position was initiated in the Dutch company Wolters Kluwer, one of the world's leading providers of information, software and services for professionals. At the end of September, the fund was 81% invested in equities and 19% in cash. The breakdown by currency was as follows: 42% in EUR, 20% in USD, 9% in SEK, 8% in JPY, 7.5% in CHF, 5% in GBP, 5% in CAD, 3% in DKK and 0.5% in HKD.General information
| Net Asset Value | |
|---|---|
| Calculated | Every business day |
| NAV class B capitalisation shares (21/01/2021) | 1 240,50 EUR |
| CODES | ISIN capitalisation code : LU0093570173 WKN capitalisation code : 937804 SICOVAM capitalisation code : 959287 |
| Net assets (million) | 69,27 EUR |
| Launch date | 03/03/1997 |
Before making any decision to subscribe, customers must ensure they have understood the product, having measured the risks associated with it and consulted their own advisers on the appropriateness of the product for their particular financial situation, taking into account legal, tax and accounting aspects. This fact sheet has been drawn up for information purposes and shall in no event be considered a solicitation to buy or an offer to sell securities or other financial instruments. Information provided to the interested party does not constitute legal or fiscal advice and the Bank shall not be held liable for such information. The securities referred to in this document may cause the investor to incur significant risk and may not be appropriate for all investors. Such risks include market risks, high volatility, credit risk, liquidity risk and interest-rate risk. There is no guarantee that the securities described in this document will achieve their investment objectives. Past performance is no indication of future returns. The Bank shall not be held liable for the future performance of these securities. Potential investors must ensure that they understand the risks of investing in such products and should only take an investment decision after giving careful consideration, together with their professional advisers, to the appropriateness of this investment to their specific financial situation, particularly with regard to legal, tax and accounting aspects. We have made every effort to verify that the information presented in this document is correct, in particular the estimated values, opinions and other estimates. Nevertheless, no guarantee can be given as to the validity, timeliness, completeness, correctness or accuracy of the information, which is provided for guidance only. Information may be subject to change without prior notice.