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UBAM - Positive Impact Emerging Equity YD USD

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Impact investing aims to generate a measurable social/environmental impact alongside financial return

We believe that companies which help to solve emerging markets’ acute societal and environmental challenges are uniquely exposed to a clear growth path over the coming decades. Impact investing:

Do public equities have a role to play?

Listed equities offer substantial unexploited potential for impact investing strategies. Indeed, public equities currently make up less than one-fifth of the assets managed in impact strategies. However, only public markets have the scale to allocate the kind of capital required by some of the world’s most pressing issues that impact investing strategies aim to resolve.

Read our Impact investing White Paper here.

Please find the code of transparency here

UBP’s Advisory Board latest minutes

November 2022 
June 2022
March 2022
November 2021
May 2021
November 2020
June 2020
November 2019

 

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Impact ReportSustainability-related product disclosures

Performance

UBAM - Positive Impact Emerging Equity YD USD
NAV - Net Asset Value
Date
Data source : UBP SA
Historical performance MTD YTD 1 year 3 years 5 years Since launch
Historical performance 7.01% 7.01% -5.22% 18.91%
12 months rolling 01.22 - 01.23        
12 months rolling -5.22%
Disclaimer

Performance under 1 year is shown cumulated. Performance over 1 year is shown annualised.

Past performance is not indicative of present and/or future results. Price and availability are subject to change without notice. The value of investments may go up or down and investors may not get back the amount invested. Changes in foreign exchange rates may also cause the value of investments to fluctuate.

Library

LEGAL DOCUMENT
Title Updated English German French Italian
Annual report 31.12.2021 PDF
KID PRIIPS 01.01.2023 PDF
Prospectus 15.09.2022 PDF
Semi-annual report 30.06.2022 PDF
Shareholders letter 11.08.2022 PDF PDF PDF PDF
Status - Articles of Association 04.02.2020 PDF PDF
MARKETING DOCUMENTATION
Title Updated English German French Italian
Monthly Report 31.12.2022 PDF
Product card 31.12.2022 PDF PDF PDF PDF
Quarterly comment 31.12.2022 PDF
OTHER
Title Updated English German French Italian
Portfolio 30.09.2022 PDF

Registration

ATAustria
BEBelgium
CHSwitzerland
DEGermany
DKDenmark
ESSpain
FIFinland
FRFrance
GBUnited Kingdom
IEIreland
ILIsrael
ISIceland
ITItaly
KRSouth Korea
LULuxembourg
NLNetherlands
NONorway
PTPortugal
SESweden
SGSingapore
TWTaiwan
ZASouth Africa
ATAustria
BEBelgium
CHSwitzerland
DEGermany
DKDenmark
ESSpain
FIFinland
FRFrance
GBUnited Kingdom
IEIreland
ILIsrael
ISIceland
ITItaly
KRSouth Korea
LULuxembourg
NLNetherlands
NONorway
PTPortugal
SESweden
SGSingapore
TWTaiwan
ZASouth Africa

Italy: I shares are only notified to the CONSOB.

Singapore: Sub-funds registered with the MAS (Monetary Authority of Singapore) can only be offered to “accredited investors”.


Fiscal information

Titre Statut
End of fiscal year 31 December
UK RFS Yes Reportable Income
German transparency No
Austrian transparency No
Italian reporting Yes
Switzerland RNI Yes

Sustainability-related disclosure

 

Summary

This Sub-Fund has sustainable investments as its objective.

It addresses the UN’s Sustainable Developments Goals (SDGs) through six themes, three environmental (healthy ecosystems, climate stability, sustainable communities) and three societal (basic needs, health & wellbeing, inclusive & fair economies) with a focus on Emerging Markets Equities.

It invests in a concentrated portfolio of companies with a majority of sales or assets in Emerging Markets and that have products, services and/or processes which contribute to the solution of environmental and/or social problems including, but not limited to, climate change mitigation, the promotion of circular economy solutions, affordable healthcare and education, or the protection and restoration of biodiversity.

The investment process relies on a proprietary scoring system, the IMAP which measures the Intentionality, Materiality, Additionality and Potentiality of a company’s impact. Only companies with a minimum IMAP score of 12 out of 20 can enter the portfolio.

Furthermore, the Investment Manager performs a negative screening: Companies which are directly involved in the production of conventional, nuclear and controversial weapons are excluded, as well as companies which are directly involved in tobacco production, gambling, adult entertainment, thermal coal extraction and unconventional oil & gas extraction. In addition, there are exclusions, with revenue thresholds applied, for those companies directly involved in tobacco distribution, conventional oil and gas extraction and electricity utilities generating power from nuclear, oil and gas or coal. This Sub-Fund also excludes all companies in breach of international norms, such as the UN Global compact.

To ensure sustainable investments that this Sub-Fund intends to make do not cause significant harm, the Investment Manager relies on an internally-designed methodology which covers principal adverse impacts, SDG misalignment, controversies and overall ESG and governance quality.

In particular, the governance element is monitored by the Investment Manager through its own analysis of resolutions proposed to shareholders, its engagement with portfolio companies on any governance issue raised by external ESG data providers,  and the analysis of governance-related controversies.

This Sub-Fund will be primarily invested in sustainable investments, with a minimum of 80%. These sustainable investments will include at all times a mix of environmentally sustainable investments, including a minimum of 1% Taxonomy-aligned investments, and socially sustainable investments.

The binding criteria used to attain the sustainable investment objective are integrated in control systems, to ensure pre- and post trade checks. Compliance is monitored by the Risk department on an ongoing basis.

The Investment Manager may use data reported directly by issuers or sourced from third-party data providers such as MSCI ESG Research or Sustainalytics. The service and data quality provided by third-party ESG data providers are reviewed regularly.

Depending on the metric considered, some data may be estimated by data providers. Although the Investment Manager applies a thorough selection process of third-party providers, their processes and proprietary ESG methodology may be flawed. As a result, there is a risk of incorrectly assessing an issuer, resulting in an inappropriate capture of ESG risks and potential incorrect inclusion or exclusion in the product. This is expected to have limited impact on the overall environmental and/or social characteristics promoted by the product.

The investment due diligence process ensures that the investment decisions comply with the objectives and the investment strategy of the Sub-Fund. The consideration of sustainability-related risks is integrated into the investment decision-making process to ensure better-informed investment decisions as well as awareness of the risk exposure. The first level of due diligence is conducted by investment teams, while the second level is conducted by the Risk department.

Engagement with investee companies may occur. It can be conducted collaboratively as well as, on an ad-hoc basis, directly by the investment team.

The Investment Manager exercises its voting rights, in line with the voting policy which follows sustainability principles.

No specific index has been designated as a reference benchmark to meet the sub-fund’s sustainable investment objective.

For more information, please see the fund’s Sustainability-related disclosures.

  • ISIN code
  • LU2051765514
  • Data as at
  • 31.01.2023
  • Latest NAV
  • 159.38 USD
  • Fund's AUM
  • 491.30M USD

Fund data

  • Fund name UBAM
  • Legal structure SICAV
  • Jurisdiction Luxembourg

Sub-fund data

  • Base currency USD
  • Asset class Equity
  • Geographical bias Emerging Markets
  • Inception date 07.05.2020
  • SFDR classification 9

Share class data

  • Description YD USD
  • Launch date 07.05.2020
  • Dividend type Distribution (yearly)
  • Minimun initial investment None
  • Subscription Daily
  • Redemption Daily
  • Management fee 0.50%
  • Performance fee No
  • Performance fee rate N/A
  • Last dividend 1.00 USD 22.04.2022

Identifiers

  • Bloomberg UBPEYDU LX
  • Telekurs 50098440
  • Reuters N/A
  • WKN A2P77X
  • SEDOL N/A
  • Morningstar N/A
  • Financial Express N/A

Manager(s)

    Mathieu Nègre / Eli Koen