Milan (VedoGreen) – Etica sgr announces the launch of the “Etica Impatto Clima”, a balanced fund that invests in securities issued by companies and states with a high profile of social and environmental responsibility, with a particular focus on issues related to the development of a “low carbon” economy.
The fund invests up to a maximum of 60% of the portfolio in actions pertaining mainly to the regulated markets of the Countries of the European Union, North America and Pacific. The fund also invests in bonds of sovereign issuers, international bodies, corporate bonds and green bonds, mainly belonging to the regulated markets of the euro area.
The fund does not provide commissions of entry, performance, switch or exit as it happens for all the funds of the Sistema Etica (formerly Sistema Valori Responsabili) of which it is part. Until 31 January 2019, the fixed charges shall be set at zero.
The fund starts with the support of some important institutional investors, including Banca Etica, the parent company of Etica sgr, and Banca Popolare di Sondrio.