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Management of Ethical Portfolios

A tailor-made service

Euregio Plus SGR S.p.A. has introduced two Ethical Management Lines: the “GP Etica Moderata” line and the “GP Etica Dinamica” line.

In identifying investments that allow the promotion of those with environmental and/or social characteristics, Euregio Plus SGR has been advised by Etica Sgr S.p.A., a savings management company of the Banca Popolare Etica Group, which provides the “Investable Universe” of enterprises, states and agencies in which the Fund can invest.
Etica Sgr selects issuers on the basis of social, environmental and governance indicators (ESG), which are periodically updated.
Issuers are analysed on the basis of data and information provided by companies that specialize in analysing the sustainability of issuers using a methodology that is owned by Etica Sgr and registered internationally under the ESG EticApproach® brand.
Such issuers are selected following screening, both negative (aimed at excluding all issuers that are deemed controversial from an ESG point of view) and positive (aimed at selecting issuers that exceed a certain sustainability threshold and/or that are considered the best in their sector according to a “best-in-class” approach). In addition to this analysis, specific insights take account of the contingencies related to current aspects and further information arising from dialogue between Etica Sgr and the issuers themselves and/or related to the level of reputational risk in ESG terms. 
Agencies are analysed in line with information such as their activities, their shareholders and possible ESG controversies. 
Etica Sgr also evaluates corporate governance practices on the basis of voting at shareholder meetings and continuous dialogue with issuers. Compliance with the social and/or environmental characteristics pursued by the Pension Fund’s investments is ensured by the monitoring of issuers i.e. the construction of “Investable Universes” by Etica Sgr. The regular updating of these Universes involves a complete review of the analysis process based upon exclusion elements, evaluation elements, assignment of an ESG score and the application of absolute and/or sectoral thresholds. The data for each issuer will therefore be updated in light of the improvements or deteriorations recorded by the enterprises or states analysed, which in turn determines the flows into and out of the Universe itself.

GP Etica Moderata

Management is of the balanced-moderate type and aims to increase the value of capital over the medium term; it can invest up to a maximum of 30% in equity instruments from issuers with varying degrees of capitalization, with a wide diversification of investments in various economic and geographical sectors. 

GP Etica Dinamica

Management is of the balanced-dynamic type and aims to increase the value of capital over the medium to long term; it can invest up to 100%, with a minimum of 50%, in equity instruments from issuers with varying degrees of capitalization, with a wide diversification of investments in various economic and geographical sectors.


If you are interested in finding out more about this service, please contact Banca Popolare Etica, a reference point for the promotion and distribution of Management Lines as well as for all customer service activities in the pre- and post-sales phases. 

For more information, please refer to the appropriate pre-contractual information and the contractual conditions available from Banca Etica counters offering this service. Signing a portfolio management contract also involves risks, including the risk of loss of the capital invested..
 

Go to Banca Etica website