Twenty years of sustainable investing with the Kempen Sustainable European Small-cap strategy
Twenty years ago Kempen launched Europe’s first sustainable small-cap strategy, and in that time the portfolio has successfully generated a cumulative return of 481%, net of fees, for its clients*.
Michiel van Dijk, Portfolio Manager of the Kempen Sustainable European Small-cap strategy explains: ‘After twenty years, the investment philosophy of the sustainable European Small-cap strategy is still rock solid. Sustainable investing, engaged shareholdership and creating long-term value for our clients in a fundamental manner have constituted our investment view from the very start. Our team consists of passionate fund managers with a huge drive to realise a solid performance. Our sustainable investment philosophy has been awarded with five Morningstar sustainability globes and the Belgian Febelfin Towards Sustainability Label.’
The team consists of Michiel van Dijk, Erwin Dut, Sander van Oort, Hanna Waltsgott and Ingmar Schaefer. Together their philosophy is to select high-quality companies at an attractive valuation. As engaged shareholders, the team maintains close communication with the companies that are represented in its portfolio, engaging about issues such as sustainability and strategic improvements.
Kempen (Lux) Sustainable European Small-cap Fund offers investors the opportunity to invest in an actively and professionally managed portfolio of shares in small European listed companies, whilst also complying with strict exclusion and sustainability criteria. Since the strategy’s launch in 2002, the team has achieved a net annualised return of 9.2% per year (vs. 8.4% for the index)*.
Kempen has been a specialist in small-cap investing for over 30 years. In 1991 Kempen introduced its first small-cap fund, the Kempen Orange Fund, investing into Dutch small-caps. Since then, Kempen has expanded its range of small-cap investment funds to include European and Global small-cap funds.
* Source: return t/m September 2022, I share class, benchmark is MSCI Europe Small Cap Total Return Index.
Kempen (Lux) Sustainable European Small-cap Fund (the “Sub-Fund”) is a sub-fund of Kempen International Funds SICAV (the “Fund”), domiciled in Luxembourg. This Fund is authorised in Luxembourg and is regulated by the Commission de Surveillance du Secteur Financier. Kempen Capital Management N.V. (KCM) is the management company of the Fund. KCM is authorised as management company and regulated by the Dutch Authority for the Financial Markets (AFM).
Paying agent and representative in Switzerland is RBC Investor Services Bank S.A., Esch-sur-Alzette, Zurich Branch, Bleicherweg 7, CH-8027 Zurich. The Sub-Fund is registered with the Dutch Authority for the Financial Markets (AFM) under the license of the Fund.
The information in this document provides insufficient information for an investment decision. Please read the Key Investor Document (available in Dutch, English and several other languages, see website) and the prospectus (available in English). These documents as well as annual report, semi-annual report and the articles of incorporation of the Fund are available free of charge at the registered office of the Fund located at 60, avenue J.F. Kennedy, L-1855, Luxembourg, at the offices of the representative in Switzerland and on the website of KCM (www.kempen.com/en/asset-management). The information on the website is (partly) available in Dutch and English.
The Sub-Fund is registered for offering in a limited number of countries. The countries where the Sub-Fund is registered can be found on the website. The value of your investment may fluctuate. Past performance provides no guarantee for the future. The performance shown does not take account of any commissions and costs charged when subscribing to and redeeming units.
About Kempen Capital Management
Kempen Capital Management is a specialist investment manager with a focused approach and a clear investment philosophy. We believe in long-term stewardship for our clients and other stakeholders. Kempen provides sustainable returns, fiduciary management services, manager selection, portfolio construction and monitoring, alongside a number of actively-managed investment strategies. As of 30 June 2022, Kempen Capital Management had a total of €80.6 billion in client assets under management.
Kempen Capital Management (UK) Ltd is licensed as a manager and subject to supervision by the Financial Conduct Authority. Kempen Capital Management, part of Van Lanschot Kempen, is a specialist and independent wealth manager. Kempen Capital Management NV is licensed as a manager of various UCITS and AIFs and authorised to provide investment services and as such is subject to supervision by the Netherlands Authority for the Financial Markets.
For more information, please visit: Kempen.com