Van Lanschot Kempen launches two new BestSelect equity funds with sustainable thematic investment objectives
A number of pension funds have already committed to investing in these two sustainable BestSelect funds. The aim here is to invest in a concentrated equity portfolio that includes companies that create positive impact within the climate and good health themes. Due to their focus on so-called pure play companies with products and/or services focused on offering specific solutions, the funds have an overweight position in small and medium-sized stock market-listed companies. Consequently, the overlap with broad equity indices is limited. This also contributes to further diversification.
The funds are managed by Kempen Capital Management and fall under the fund umbrella of BestSelect. The investment policy for the funds is implemented by two external fund managers. This allows Kempen, as manager of BestSelect, to exert more control over the investment guidelines and (sustainable) frameworks within the funds than is the case when investing in a standard investment fund of external managers.
Wilse Graveland, Head of Fiduciary Management & Institutional Solutions: ‘With these two sustainable funds, we offer our clients a solution for achieving targeted impact through listed equities. For the two funds, the mandate objectives include both general and minimum requirements aimed at sustainable development. With both managers, clear ESG reporting requirements have been agreed. Integrated Socially Responsible Investment-communication is also provided for, allowing investment cases to be shares with participants.
Simon Oosterhof, Senior Portfolio Manager: ‘The external fund managers that will be responsible for the day-to-day investments of the funds are Hermes and M&G Investments. Although this type of active thematic equity strategy is relatively new, both managers have built up a strong track record in this area in the past three years. Each manager has its own specific investment process with a strong focus on the positive impact of the companies that they (potentially) invest in.’
Both portfolios focus on positive impact with respect to various Sustainable Development Goals (SDG), with a particular focus on SDG 3 (Good Health and Well-Being), SDG 7 (Affordable and Clean Energy) and SDG 11 (Sustainable Cities and Communities).
BestSelect-M&G Global Positive Impact Equity and BestSelect-Federated Hermes Global Impact Opportunities Equity (the “Sub-Funds”) are sub-funds of BestSelect Funds (the “Fund”). Kempen Capital Management N.V. (KCM) is the management company of the Fund. KCM is authorised as a management company and regulated by the Dutch Authority for the Financial Markets (AFM). The SubFunds are registered under the license of KCM at the Dutch Authority for the Financial Markets (AFM). The application of the investment policy which is under the responsibility and control of the management company, is entrusted to M&G Investment Management Limited and Hermes Fund Managers Ireland Limited.
M&G Investment Management Limited is under the supervision of the Financial Conduct Authority (FCA), the financial regulator in the United Kingdom. Hermes Fund Managers Ireland Limited is under the supervision of the Central Bank of Ireland, the financial regulator in Ireland.
The information in this document provides insufficient information for an investment decision. Please read the Key Investor Document (available in Dutch) and the prospectus (available in English). These documents are available on the website of KCM (www.kempen.com/en/asset-management). The value of your investment may fluctuate. Past performance provides no guarantee for the future.
About Kempen Capital Management
Van Lanschot Kempen, a wealth manager active in Private Banking, Investment Management and Investment Banking, with the aim of preserving and creating wealth, in a sustainable way, for both its clients and the society of which it is part. As a sustainable wealth manager with a long-term focus, Van Lanschot Kempen proactively seeks to prevent negative impact for all stakeholders and to create positive long-term financial and non-financial value. Listed at Euronext Amsterdam, Van Lanschot Kempen is the Netherlands’ oldest independent financial services company, with a history dating back to 1737. To fully leverage the potential of the Van Lanschot Kempen organisation for its clients, it provides solutions that build on the knowledge and expertise across its entire group and on its open architecture platform. Van Lanschot Kempen is convinced that it is able to meet the needs of its clients in a sustainable way by offering them access to the full range of its products and services across all its businesses.
For more information, please visit vanlanschotkempen.com