- Kempen
- UBS SRI Global Equity Pool
Profile
BestSelect-UBS SRI Global Equity focuses on realizing long-term value growth. The strategy is aimed at achieving its performance objective through investing in companies with an average and above average score on environmental, social and governance (ESG) criteria. In addition companies that generate more than 5% of their revenue from controversial industries like (controversial) weapons, tobacco, gambling, genetically modified organisms (GMO), alcohol, fur, adult entertainment, nuclear power and fossil fuels are excluded from investment. After the selection of companies with average and above average ESG scores and the industry exclusions the strategy passively invests in the remainder of the companies from the MSCI World Index. Issuer concentration in the fund is managed through a quarterly rebalancing with the objective to reset the maximum single issuer weights at 5%. Between these quarterly rebalancing dates, issuers weights will drift due to price movements of the securities in the portfolio. At all times an upper limit on single issuer weights of 7% will apply.
The manager will only accept subscriptions from investors who are exempt from withholding taxes in the United States under the tax treaty between the Netherlands and the United States.
The manager will only accept subscriptions from investors who are exempt from withholding taxes in the United States under the tax treaty between the Netherlands and the United States.
Management team
UBS Fund Management (Luxembourg) S.A.
Performance per 2022-05-31
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| Fund | |
|---|---|
| 1 month | -1.8 % |
| 3 months | -2.6 % |
| This year | -10.6 % |
| 2019 | 34.0 % |
| 2020 | 13.0 % |
| 2021 | 33.4 % |
| 1 year (on annual basis) | 6.8 % |
| 3 years (on annual basis) i | 16.9 % |
| 5 years (on annual basis) i | 12.4 % |
| Since inception (on annual basis) i | 11.8 % |
Performance is shown after deduction of ongoing charges and including the reinvestment of dividend that has been paid out. The value of your investments may fluctuate. Past performance provides no guarantee for the future.
More information can be found on the documents page of this fund
Key figures
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| Total fund size | EUR 344.56 M 2022-05-31 |
| Share class size | EUR 344.56 M 2022-05-31 |
| Number of shares | 6,702,492 2022-05-31 |
| Net Asset Value i | EUR 48.74 2022-07-04 |
| Transaction price i | EUR 48.75 2022-06-30 |
UBS SRI Global Equity Pool (the “Sub-Fundâ€) is a sub-fund of BestSelect AIF Funds (the “Fundâ€). 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 Sub-Fund is 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 UBS Fund Management (Luxembourg) S.A. This investment firm is under the supervision of the Commission de Surveillance du Secteur Financier (CSSF), the financial regulator in Luxembourg.
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 Dutch). These documents are available on the website of KCM (www.kempen.com/en/asset-management). The information on the website is (partly) available in Dutch and English. The value of your investment may fluctuate. Past performance provides no guarantee for the future.
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 Dutch). These documents are available on the website of KCM (www.kempen.com/en/asset-management). The information on the website is (partly) available in Dutch and English. The value of your investment may fluctuate. Past performance provides no guarantee for the future.
UBS SRI Global Equity Pool (the “Sub-Fundâ€) is a sub-fund of BestSelect AIF Funds (the “Fundâ€). 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 Sub-Fund is 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 UBS Fund Management (Luxembourg) S.A. This investment firm is under the supervision of the Commission de Surveillance du Secteur Financier (CSSF), the financial regulator in Luxembourg.
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 Dutch). These documents are available on the website of KCM (www.kempen.com/en/asset-management). The information on the website is (partly) available in Dutch and English. The value of your investment may fluctuate. Past performance provides no guarantee for the future.
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 Dutch). These documents are available on the website of KCM (www.kempen.com/en/asset-management). The information on the website is (partly) available in Dutch and English. The value of your investment may fluctuate. Past performance provides no guarantee for the future.
Performance per 2022-05-31
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| Fund | |
|---|---|
| 1 month | -1.8 % |
| 3 months | -2.6 % |
| This year | -10.6 % |
| 2019 | 34.0 % |
| 2020 | 13.0 % |
| 2021 | 33.4 % |
| 1 year (on annual basis) | 6.8 % |
| 3 years (on annual basis) i | 16.9 % |
| 5 years (on annual basis) i | 12.4 % |
| Since inception (on annual basis) i | 11.8 % |
Performance is shown after deduction of ongoing charges and including the reinvestment of dividend that has been paid out. The value of your investments may fluctuate. Past performance provides no guarantee for the future.
Dividends
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| Distributing | No |
UBS SRI Global Equity Pool (the “Sub-Fundâ€) is a sub-fund of BestSelect AIF Funds (the “Fundâ€). 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 Sub-Fund is 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 UBS Fund Management (Luxembourg) S.A. This investment firm is under the supervision of the Commission de Surveillance du Secteur Financier (CSSF), the financial regulator in Luxembourg.
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 Dutch). These documents are available on the website of KCM (www.kempen.com/en/asset-management). The information on the website is (partly) available in Dutch and English. The value of your investment may fluctuate. Past performance provides no guarantee for the future.
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 Dutch). These documents are available on the website of KCM (www.kempen.com/en/asset-management). The information on the website is (partly) available in Dutch and English. The value of your investment may fluctuate. Past performance provides no guarantee for the future.
Top 10 holdings (2022-05-31)
4.9 %
Microsoft
4.8 %
Apple Computer
2.1 %
Alphabet Class A
2.0 %
Alphabet Class C
2.0 %
Tesla
1.4 %
Nvidia
1.2 %
JPMorgan Chase & Co
1.1 %
Visa Class A
1.0 %
Home Depot
1.0 %
Mastercard
Total
21.3 %
UBS SRI Global Equity Pool (the “Sub-Fundâ€) is a sub-fund of BestSelect AIF Funds (the “Fundâ€). 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 Sub-Fund is 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 UBS Fund Management (Luxembourg) S.A. This investment firm is under the supervision of the Commission de Surveillance du Secteur Financier (CSSF), the financial regulator in Luxembourg.
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 Dutch). These documents are available on the website of KCM (www.kempen.com/en/asset-management). The information on the website is (partly) available in Dutch and English. The value of your investment may fluctuate. Past performance provides no guarantee for the future.
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 Dutch). These documents are available on the website of KCM (www.kempen.com/en/asset-management). The information on the website is (partly) available in Dutch and English. The value of your investment may fluctuate. Past performance provides no guarantee for the future.
Environmental and/or social characteristics promoted
In the process of selecting Investment Managers, the capabilities of the Investment Managers to implement the Management Company's criteria for responsible investment are assessed. We perform an in-depth analysis on how the Investment Managers evaluates ESG risks and opportunities when selecting and monitoring investments. Amongst others we score the Investment Managers on Commitment to Responsible Investing, ESG Integration, Active Ownership and Transparency. Based on this fundamental ESG analysis we form an opinion on the quality of the Investment Manager’s sustainability processes. The Investment Manager itself performs the analysis of the ESG profile of the companies it invests in. The material risks and opportunities of the investee companies are assessed on a case-by-case basis.
ESG Investment process
Each quarter, the companies in the portfolio are screened for compliance with Kempen’s ESG criteria. These take into account international standards, such as UN Global Compact Framework, the OECD Guidelines for Multinational Enterprises, UN Guiding Principles for Business and Human Rights, and our Principles for Responsible Investment commitments. In evaluating a security or issuer based on ESG criteria, we may also rely on information and data from third party ESG advisers (including but not limited to Institutional Shareholder Services (ISS), MSCI ESG Research and Sustainalytics).
The screening process allows us to monitor the ESG performance of all the companies in the fund, and to engage on issues which are identified. The output of the screen feeds into quarterly challenging sessions between ESG specialists and representatives of the Manager Research Solutions team. During the challenging sessions, we assess whether the ESG risks and opportunities are sufficiently reflected in the investment decision making process of the Investment Manager.
The screening process allows us to monitor the ESG performance of all the companies in the fund, and to engage on issues which are identified. The output of the screen feeds into quarterly challenging sessions between ESG specialists and representatives of the Manager Research Solutions team. During the challenging sessions, we assess whether the ESG risks and opportunities are sufficiently reflected in the investment decision making process of the Investment Manager.
Exclusion
In line with the general Kempen exclusion policy, we exclude all companies on the Kempen Exclusion- and Avoidance lists. The lists are reviewed and updated on a quarterly basis. Our exclusion and avoidance framework includes a quarterly screening through which we seek to identify (potential) cases of issuers in breach of international standards. All norms used have been documented in the Kempen Conventions Library. In addition to the Exclusion and Avoidance Lists, companies involved in the production of conventional and civilian weapons, tobacco companies, pure coal and tar sand players will also be excluded from investment.
Key figures
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| Kempen criteria | Additional criteria | |
|---|---|---|
| Business conduct | ||
| Human Rights | ||
| Labour | ||
| Environment | ||
| Anti Corruption | ||
| Product involvement | ||
| Controversial Weapons | ||
| Tobacco | ||
| Thermal Coal | ||
| Tar Sands | ||
| Adult Entertainment | ||
| Alcohol | ||
| Animal Welfare & GMO | ||
| Gambling | ||
| Power Generation Nuclear | ||
| Power Generation Carbon Intensive | ||
| (Un)conventional Oil & Gas Extraction | ||
| Weaponry |
UBS SRI Global Equity Pool (the “Sub-Fundâ€) is a sub-fund of BestSelect AIF Funds (the “Fundâ€). 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 Sub-Fund is 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 UBS Fund Management (Luxembourg) S.A. This investment firm is under the supervision of the Commission de Surveillance du Secteur Financier (CSSF), the financial regulator in Luxembourg.
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 Dutch). These documents are available on the website of KCM (www.kempen.com/en/asset-management). The information on the website is (partly) available in Dutch and English. The value of your investment may fluctuate. Past performance provides no guarantee for the future.
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 Dutch). These documents are available on the website of KCM (www.kempen.com/en/asset-management). The information on the website is (partly) available in Dutch and English. The value of your investment may fluctuate. Past performance provides no guarantee for the future.
Ongoing charges
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| Service fee i | 0.15 % |
| Expected ongoing charges i | 0.20 – 0.25 % (estimated bandwith) |
| Ongoing charges last financial year i | 0.19 % |
The ongoing charges figure of the last financial year relates to 2021.
UBS SRI Global Equity Pool (the “Sub-Fundâ€) is a sub-fund of BestSelect AIF Funds (the “Fundâ€). 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 Sub-Fund is 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 UBS Fund Management (Luxembourg) S.A. This investment firm is under the supervision of the Commission de Surveillance du Secteur Financier (CSSF), the financial regulator in Luxembourg.
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 Dutch). These documents are available on the website of KCM (www.kempen.com/en/asset-management). The information on the website is (partly) available in Dutch and English. The value of your investment may fluctuate. Past performance provides no guarantee for the future.
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 Dutch). These documents are available on the website of KCM (www.kempen.com/en/asset-management). The information on the website is (partly) available in Dutch and English. The value of your investment may fluctuate. Past performance provides no guarantee for the future.
Share class details
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| Share class | AN i |
| Investor type | Institutional & Private |
| Distributing | No |
| Benchmark i | MSCI World Total Return Net Index (calculated in Euro) |
| Duration hedged | No |
| Investment category | BestSelect funds |
| Universum | Global equity |
| Inception date | 2015-12-17 |
| Domicile | The Netherlands |
| May be offered to all investors in | The Netherlands |
| UCITS status i | No |
| Status | Open-end i |
| Base currency | EUR |
| Share class currency | EUR |
| Administration Office | Juridisch eigenaar Kempen AIF BV |
| Administrator | BNP Paribas Securities Services S.C.A., Amsterdam branch |
| Auditor | PricewaterhouseCoopers Accountants N.V. |
| Transfer agent | Van Lanschot Kempen NV |
| Management company | Kempen Capital Management NV |
| Depositary and custodian | BNP Paribas Securities Services S.C.A., Amsterdam branch |
Tradability
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| Listed | no |
| Subscription/Redemption Frequency | Daily |
| ISIN i | NL0011495205 |
This fund is only available for orders submitted via the Transfer Agent platform of Van Lanschot N.V. Share class AN will only be available for distributors who submit orders on behalf of their clients, and who have been selected by the management company.
UBS SRI Global Equity Pool (the “Sub-Fundâ€) is a sub-fund of BestSelect AIF Funds (the “Fundâ€). 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 Sub-Fund is 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 UBS Fund Management (Luxembourg) S.A. This investment firm is under the supervision of the Commission de Surveillance du Secteur Financier (CSSF), the financial regulator in Luxembourg.
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 Dutch). These documents are available on the website of KCM (www.kempen.com/en/asset-management). The information on the website is (partly) available in Dutch and English. The value of your investment may fluctuate. Past performance provides no guarantee for the future.
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 Dutch). These documents are available on the website of KCM (www.kempen.com/en/asset-management). The information on the website is (partly) available in Dutch and English. The value of your investment may fluctuate. Past performance provides no guarantee for the future.
Read more information about Kempen Capital Management N.V. on this site and find also more information on BNP Paribas Securities Services S.C.A.
Factsheets
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Prospectus
Sustainability related disclosures
UBS SRI Global Equity Pool (the “Sub-Fundâ€) is a sub-fund of BestSelect AIF Funds (the “Fundâ€). 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 Sub-Fund is 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 UBS Fund Management (Luxembourg) S.A. This investment firm is under the supervision of the Commission de Surveillance du Secteur Financier (CSSF), the financial regulator in Luxembourg.
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 Dutch). These documents are available on the website of KCM (www.kempen.com/en/asset-management). The information on the website is (partly) available in Dutch and English. The value of your investment may fluctuate. Past performance provides no guarantee for the future.
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 Dutch). These documents are available on the website of KCM (www.kempen.com/en/asset-management). The information on the website is (partly) available in Dutch and English. The value of your investment may fluctuate. Past performance provides no guarantee for the future.