Carbon report SEB WWF Nordenfond
|
|
- Benedict Harper
- 5 years ago
- Views:
Transcription
1 Carbon report SEB WWF Nordenfond Report created on: February 27, 218 The carbon footprint provides a historic snapshot of the emissions from the equity holdings of the fund. The calculations are not comprehensive and indirect emissions, e.g. from suppliers, are based on reported data or estimates of emissions. The metric says nothing about how the portfolio contributes to a low-carbon society. For further information about the metric, see
2 Contents Executive Summary 3 Sector weighthing and relative carbon footprint 4 Relative Carbon Footprint Comparison 4 Sector Analysis & Stock selection 4 Attribution Analysis 5 Summary of 1 largest absolute contributors 6 Summary of 1 largest portfolio companies 6 Scope 3 overview 7 Company sector & breakdown 8-9 Carbon Barometer & Carbon Ranking 1 Carbon Report - SEB WWF Nordenfond 2
3 Carbon Report SEB WWF Nordenfond Report created on: Feb 27, 218 Holdings Date: Dec 31, 217 : VINX Cap Sek (Net Return) Currency: SEK Industry Classification: GICS Company Breakdown Metrics: carbon intensity (tco2e / Mio. revenue) Value: 36'511'71. SEK Fund Management Company: SEB Investment Management AB Executive Summary Carbon emissions Scope 1-2 Total carbon emissions incl. Scope 3 Relative Carbon Footprint (kgco2e / SEK 1' invested) Carbon Intensity (kgco2e / SEK 1' revenue) Weighted Average Carbon Intensity (kgco2e / SEK 1' revenue) Disclosing Titles by Weight (market value) 3' ' % 94.5% 4' ' % 97.7% Total carbon emissions - measure the carbon footprint of a portfolio considering Scope 1-2 as well as Scope 3 emissions. *) - SEB WWF Nordenfond is associated with greenhouse gas emissions of 3'831.8 tons per year. Relative carbon footprint - is a normalized measure of the portfolio's contribution. - It enables comparisons with a benchmark between multiple portfolios, over time and regardless of portfolio size. Carbon intensity - allows investors to measure how much carbon emissions per SEK of revenue are generated. - It therefore measures the carbon efficiency of a portfolio per unit of output. This report analyses the portfolio of securities in terms of the carbon emissions and other carbon related characteristics of the underlying portfolio companies, and compares this data to the performance of a relevant respectively chosen market benchmark. The portfolio s intensity is 23.5% lower than the benchmark. 12. The Sectors Materials, Industrials and Consumer Staples (per GICS classification) in the portfolio make up 48.3% of the weight vs. 99.4% of the contribution to emissions % Sector Weight 7.8% Contribution to 36.4% 35.8% 6.3% Materials Industrials Consumer Staples All other Sectors. Carbon Intensity Carbon 4.7% 2.7%.6% 5 smallest contributors to the emissions of the fund are: emissions % of total Relative carbon footprint (kg CO2e / SEK 1' Invested) Storebrand A..%. Investor B..%. DnB.1.%. Swedbank A.1.%. Addlife.4.%.8 5 largest contributors to the emissions of the fund are: emissions % of total Relative carbon footprint (kg CO2e / SEK 1' Invested) Ahlstr m-munksj EUR 1' % DSV, De Sammensluttede Vognmaend af % 52.6 Upm-Kymmene % 52.8 SCA B % 49.5 Wilh Wilhelmsen Holding-A % *) Scope 1 emissions are directly generated by company's operations, whereas indirect Scope 2 emissions are related to the company's energy consumption. Scope 3 emissions include other indirect emissions including e.g. business travel, use of company's products sold, investments, and goods and services purchased. Carbon Report - SEB WWF Nordenfond 3
4 Sector weighting and relative carbon footprint Weight Rel. Carbon Footprint tco2e / Mio SEK invested vs. Materials 7.78% 8.78% % Industrials 35.82% 25.98% % Consumer Staples 4.72% 4.66% % Health Care 1.75% 13.25% % Financials 32.91% 19.66% % Telecommunication Services.8% 3.64% % Information Technology.62% 6.26% % Consumer Discretionary 1.16% 7.73% % Relative Carbon Footprint Comparison Materials Industrials Consumer Staples Health Care Financials Telecommunication Services Information Technology Consumer Discretionary Sector Analysis & Stock Selection The graph below shows how the carbon allocation in the portfolio differs from the average of each sector. Sectors have been defined using the GICS classification at the Supersector/Industry Group level. 6% 5% 4% 3% 2% 1% % Building Products Construction Machinery & Heavy Trucks Diversified Banks Diversified Support Services Environmental & Facilities Services Food Retail Forest Products Industrial Machinery Marine Multi-Sector Holdings Paper Packaging Paper Products Pharmaceuticals Trading Companies & Distributors Trucking GICS Sub-Industry, Average GICS Sub-Industry 4
5 Attribution Analysis The two principal reasons why the carbon exposure of the portfolio may differ from the benchmark are due to sector allocation as well as stock selection decisions. Sector allocation decision will cause the carbon intensity of the portfolio to diverge from the benchmark where the sectors are either carbon intensive or low carbon. If the portfolio is overweight in carbon intensive sectors the portfolio is likely to be more carbon intensive than the benchmark. However, if the stocks within a carbon intensive sector are the most carbon efficient companies, it is possible that the portfolio may still have a lower carbon footprint than the benchmark. Sector Allocation Sector Selection Sector Allocation Contribution to Out/ Underperformance Sector Allocation Contribution to Out/ Underperformance (%) Stock Selection Contribution to Out/ Underperformance Stock Selection Contribution to Out/ Underperformance (%) Energy % % Materials % % Industrials % % Consumer Discretionary % % Consumer Staples.1.% 2.1.4% Health Care % % Financials 2.8.5% % Information Technology % % Telecommunication Services % % Utilities % % Others % % Total % 1.2.2% Explanation: The Underperformance of the portfolio is based on the effect of over/underweighting certain sectors and selecting more/less carbon intense stocks within each sector for each of the underlying holdings. A positive number indicates that the effect increased the greenhouse gas emission (in tons of CO2e) and a negative number indicated a decreasing effect. In this case, the sector weighting of SEB WWF Nordenfond harmed tco2e, while the stock selection harmed 1.2 tco2e versus the benchmark. This explains a 21.3% underperformance through sector weighting and.2% carbon underperformance by stock picking. Interaction Effect: % Total 3' '292.2 Carbon Underperformance 142. Carbon Underperformance (%) 24.3 Attribution Analysis - Graph 3% 2% 1% % -1% Energy Materials Industrials Consumer Discretionary Consumer Staples Health Care Financials Information Technology Telecommunication Services Utilities Others Sector Stock Total 5
6 Summary of 1 largest absolute contributors The tables below show the 1 largest greenhouse gas contributors and the 1 largest holdings respectively of the SEB WWF Nordenfond. Carbon Data section explains your, i.e. the amount of greenhouse gases that the portfolio finances from the company s overall emissions, relative to company ownership. You can further see what % of the overall portfolio GHG emissions each company accounts for and if the company s GHG emission number was disclosed by the company or approximated. In the Analysis section, the emissions are stated and the Average Sector allow a comparison of the greenhouse gas intensity of a company against its respective sector, i.e. the amount of GHG emissions that an investment of the same size would have financed, would it have been invested in the overall sector rather than the specific company. The effect on the portfolio can be found under Contribution: This is a measurement of how much a specific holding raises or reduces the carbon footprint of the portfolio. Company GICS Sub-Industry % of total Ahlstr m-munksj EUR DSV, De Sammensluttede Vognmaend af Weight Carbon Data Analysis carbon intensity (tco2e / Mio. revenue) Av. Sector Contribution Paper Products 2.5% % '36.3-1'37.8-1' Trucking 3.9% 1.4% 21.6% Upm-Kymmene Paper Products 2.7% 1.4% 15.1% ' SCA B Forest Products 1.1%.6% 5.7% Wilh Wilhelmsen Holding-A Wallenius Wilhelmsen Logistics Marine.4% - 4.6% Marine.5% - 3.7% Huhtam?ki Paper Packaging 1.5%.4% 3.5% Kesko B Food Retail 2.3%.3% 1.2% Valmet Industrial Machinery 2.2%.2% 1.1% Bakkafrost Packaged Foods & Meats 2.1%.1%.8% Summary of 1 largest portfolio companies Company GICS Sub-Industry % of total Weight Carbon Data Analysis carbon intensity (tco2e / Mio. revenue) Av. Sector Contribution Novo Nordisk Pharmaceuticals 9.9% 8.9%.2% Investor B Multi-Sector Holdings 9.4% 2.1%.% Danske Bank Ord Diversified Banks 6.7% 2.5%.1% Volvo B Construction Machinery & Heavy Trucks 5.2% 2.8%.6% SEB A Diversified Banks 4.9% 1.6%.% Swedbank A Diversified Banks 4.4% 2.1%.% Tomra Systems DSV, De Sammensluttede Vognmaend af Environmental & Facilities Services 4.3% -.5% ' Trucking 3.9% 1.4% 21.6% DnB Diversified Banks 3.% 1.4%.% Cargotec B Industrial Machinery 2.8%.2%.4%
7 Scope 3 Overview The following section provides a top-down approximation of the financed scope 3 emissions from each sector. The purpose of this analysis is to give an order of magnitude of the emissions in the portfolio on a sector level and should not be used as a basis for comparing two individual companies. All emissions are in tco2e metrics. The following graph shows the financed Scope 1+2 emissions in relation to the Scope 3 emissions of the portfolio. 1% 9% 8% 7% 6% 5% 4% 3% 2% 1% % Energy Materials Industrials Consumer Discretionary Consumer Staples Health Care Financials InformationTelecommunication Utilities Technology Services Scope 3 Scope 1&2 2'867 2'39 3'373 1' The graph below compares the total emissions (including Scope 1, Scope 2 and Scope 3) between portfolio and benchmark Scope 3 Scope 1&2 6'549 3'832 1'364 4'279 *) The methodology includes Scope 1, 2 and Scope 3 upstream and product use downstream. 7
8 Company Sector & Breakdown This table presents all holdings in the portfolio, sorted by sector, following the logic from the sections above. It shows how each company contributes to the overall portfolio footprint. It allows you to see which stocks are the greatest contributors to the portfolio s emission in absolute as well as relative terms. The -/+ signs on the far right indicate if a specific holding raises or reduces the carbon footprint of the portfolio. This helps with portfolio optimization and in managing the overall carbon portfolio footprint without comprising the chosen sector allocation. Weight Carbon Data Analysis Company % of total carbon intensity (tco2e / Mio. revenue) Av. Sector Contribution Paper Packaging 1.5%.6% 3.5% Huhtam?ki 1.5%.4% 3.5% Forest Products 1.1%.6% 5.7% SCA B 1.1%.6% 5.7% Paper Products 5.2% 2.5% 51.1% 9.9 1' ' ' Upm-Kymmene 2.7% 1.4% 15.1% ' Ahlstr m-munksj EUR 2.5% % '36.3-1'37.8-1'238. Building Products 1.8% 2.6%.4% Uponor.7%.1%.2% Assa Abloy B 1.% 1.8%.2% Construction & Engineering.2% 1.4%.2% Veidekke.2%.1%.2% Electrical Components & Equipment 1.7% 1.2%.5% ABB (SEK) 1.7% 1.2%.5% Construction Machinery & Heavy Trucks 5.2% 3.3%.6% Volvo B 5.2% 2.8%.6% Industrial Machinery 8.2% 1.9% 2.6% Cargotec B 2.8%.2%.4% Valmet 2.2%.2% 1.1% SKF B.9%.7%.6% Sandvik 2.3% 1.7%.5% Trading Companies & Distributors 2.8%.2%.6% G & L Beijer B 2.4% -.5% AddTech.5% -.1% Environmental & Facilities Services 4.3%.%.5% ' Tomra Systems 4.3% -.5% ' Diversified Support Services 2.6%.8%.5% Intrum Justitia 1.%.2%.% Bravida Holding 1.6% -.5% Security & Alarm Services 2.1%.7%.5% Securitas B 2.1%.5%.5% Research & Consulting Services 2.1%.%.% F B 2.1% -.% Marine.9% 1.8% 8.3% Wallenius Wilhelmsen Logistics.5% - 3.7% Wilh Wilhelmsen Holding-A.4% - 4.6% Trucking 3.9% 1.4% 21.6% DSV, De Sammensluttede Vognmaend af % 1.4% 21.6% Apparel, Accessories & Luxury Goods 1.2% 1.1%.% Pandora 1.2% 1.1%.% Food Retail 2.3%.9% 1.2% Kesko B 2.3%.3% 1.2% Packaged Foods & Meats 2.4% 1.8% 1.4% Bakkafrost 2.1%.1%.8% Austevoll Seafood.3% -.7% Health Care Equipment.7% 1.1%.%
9 Weight Carbon Data Analysis Company % of total carbon intensity (tco2e / Mio. revenue) Av. Sector Contribution Sectra B.7% -.% Pharmaceuticals 9.9% 1.3%.2% Novo Nordisk 9.9% 8.9%.2% Life Sciences Tools & Services.1%.%.% Addlife.1% -.% Diversified Banks 21.% 13.3%.1% ' Danske Bank Ord 6.7% 2.5%.1% DnB 3.% 1.4%.% SEB A 4.9% 1.6%.% Swedbank A 4.4% 2.1%.% Nordea 1.9% 3.5%.% Regional Banks.6%.%.% Sparenbank 1 SMN.6% -.% Multi-Sector Holdings 9.4% 3.4%.% Investor B 9.4% 2.1%.% Consumer Finance.8%.%.% Resurs Holding.8% -.% Life & Health Insurance 1.1%.3%.% Storebrand A 1.1%.3%.% Electronic Equipment & Instruments.6% 1.1%.1% Hexagon B.6% 1.1%.1% Integrated Telecommunication Services.8% 3.3%.2% Telia Company.8% 1.1%.2% Total portfolio 94.5% 97.7% 1.% ' ' Note that the weighting for the benchmark will not always total 1% as the stocks shown are only for those held by the portfolio. 9
10 Carbon Ranking This is a standardized ranking of the fund based on the productís weighted average carbon intensity using two peergroups. One consisting of all other funds in the database (global percentile) and one where the fund is ranked taking the specific Lipper Global Classification into account (peer percentile). The ranking is based on percentiles and ranges from (worst) to 1 (best). Global Percentile 75 (n=438) Peer Percentile (Lipper Global Equity Sweden, n=51) The carbon footprint provides a historic snapshot of the emissions from the equity holdings of the fund. The calculations are not comprehensive and indirect emissions, e.g. from suppliers, are based on reported data or estimates of emissions. The metric says nothing about how the portfolio contributes to a low-carbon society. For further information about the metric, see 1
Carbon report SEB Nordenfond
Carbon report SEB Nordenfond Report created on: February 27, 218 The carbon footprint provides a historic snapshot of the emissions from the equity holdings of the fund. The calculations are not comprehensive
More informationCarbon report SEB Nordic Focus Fund
Carbon report SEB Nordic Focus Fund Report created on: February 27, 218 The carbon footprint provides a historic snapshot of the emissions from the equity holdings of the fund. The calculations are not
More informationCarbon report SEB Swedish Value
Carbon report SEB Swedish Value Report created on: February 27, 218 The carbon footprint provides a historic snapshot of the emissions from the equity holdings of the fund. The calculations are not comprehensive
More informationCarbon report SEB Sverigefond
Carbon report SEB Sverigefond Report created on: February 26, 218 The carbon footprint provides a historic snapshot of the emissions from the equity holdings of the fund. The calculations are not comprehensive
More informationCarbon report SEB Norway Focus Fund
Carbon report SEB Norway Focus Fund Report created on: February 27, 218 The carbon footprint provides a historic snapshot of the emissions from the equity holdings of the fund. The calculations are not
More informationCarbon report SEB Hållbarhetsfond Sverige
Carbon report SEB Hållbarhetsfond Sverige Report created on: February 26, 2018 The carbon footprint provides a historic snapshot of the emissions from the companies that make up the fund s equity portfolio.
More informationCarbon report SEB Hållbarhetsfond Sverige
Carbon report SEB Hållbarhetsfond Sverige Report created on: October 13, 217 The carbon footprint provides a historic snapshot of the emissions from the companies that make up the fund s equity portfolio.
More informationCarbon report SEB Sverigefond Småbolag
Carbon report SEB Sverigefond Småbolag Report created on: February 27, 218 The carbon footprint provides a historic snapshot of the emissions from the equity holdings of the fund. The calculations are
More informationCarbon report SEB Sverige Expanderad
Carbon report SEB Sverige Expanderad Report created on: February 27, 2018 The carbon footprint provides a historic snapshot of the emissions from the equity holdings of the fund. The calculations are not
More informationCarbon report Ethos Aktiefond
Carbon report Ethos Aktiefond Report created on: February 26, 2018 The carbon footprint provides a historic snapshot of the emissions from the companies that make up the fund s equity portfolio. The calculations
More informationCarbon report SEB Sverigefond Småbolag ChansRisk
Carbon report SEB Sverigefond Småbolag ChansRisk Report created on: February 27, 218 The carbon footprint provides a historic snapshot of the emissions from the equity holdings of the fund. The calculations
More informationCarbon report SEB Hållbarhetsfond Sverige Index
Carbon report SEB Hållbarhetsfond Sverige Index Report created on: February 27, 2018 The carbon footprint provides a historic snapshot of the emissions from the equity holdings of the fund. The calculations
More informationCarbon report SEB US All Cap
Carbon report SEB US All Cap Report created on: February 27, 2018 The carbon footprint provides a historic snapshot of the emissions from the equity holdings of the fund. The calculations are not comprehensive
More informationCarbon report SEB Nordamerikafond Små och Medelstora Bolag
Carbon report SEB Nordamerikafond Små och Medelstora Bolag Report created on: February 27, 2018 The carbon footprint provides a historic snapshot of the emissions from the equity holdings of the fund.
More informationCarbon Report. SEB Technology Fund. Report created on: Feb 25, 2019
Carbon Report SEB Technology Fund Report created on: Feb 25, 2019 The carbon footprint provides a historic snapshot of the emissions from the equity holdings of the fund The calculations are not comprehensive
More informationCarbon report SEB Östeuropafond
Carbon report SEB Östeuropafond Report created on: February 27, 2018 The carbon footprint provides a historic snapshot of the emissions from the equity holdings of the fund. The calculations are not comprehensive
More informationCarbon report SEB Nordamerikafond Småbolag
Carbon report SEB Nordamerikafond Småbolag Report created on: February 27, 2018 The carbon footprint provides a historic snapshot of the emissions from the equity holdings of the fund. The calculations
More informationCarbon report SEB Fastighetsfond
Carbon report SEB Fastighetsfond Report created on: February 27, 2018 The carbon footprint provides a historic snapshot of the emissions from the companies that make up the fund s equity portfolio. The
More informationCarbon report SEB Eastern Europe ex Russia Fund
Carbon report SEB Eastern Europe ex Russia Fund Report created on: February 27, 2018 The carbon footprint provides a historic snapshot of the emissions from the companies that make up the fund s equity
More informationCarbon Footprint Report
Carbon Footprint Report 0//8 From the Office of the Bishop The Episcopal Diocese Of Olympia 55 0th 55 Tenth Avenue East Seattle, Washington 9802 206-25-4200 telephone 206-25-46 fax 800-488-4978 wa online
More informationCarbon report SEB Hållbarhetsfond Global
Carbon report SEB Hållbarhetsfond Global Report created on: February 26, 2018 The carbon footprint provides a historic snapshot of the emissions from the equity holdings of the fund. The calculations are
More informationCarbon report SEB Sustainability Fund Global
Carbon report SEB Sustainability Fund Global Report created on: February 27, 2018 The carbon footprint provides a historic snapshot of the emissions from the companies that make up the fund s equity portfolio.
More informationCarbon report SEB Global Fund
Carbon report SEB Global Fund Report created on: February 27, 2018 The carbon footprint provides a historic snapshot of the emissions from the equity holdings of the fund. The calculations are not comprehensive
More informationCarbon Report - Equity, Sample Portfolio
Carbon Report - Equity, Sample Identifier: - Data as of: 23.05.2016 : MSCI World index Currency: USD Industry Classification: ICB Intensity Metrics: Revenue Value: 1'000'000.00 USD Executive Summary Coverage
More informationCarbon report SEB Japanfond
Carbon report SEB Japanfond Report created on: February 27, 2018 The carbon footprint provides a historic snapshot of the emissions from the companies that make up the fund s equity portfolio. The calculations
More informationEmissions incl. Scope 3. Portfolio 95.3% 91.6% 5' ' Benchmark 69.4% 98.5% 8' '
Carbon Report - DKB Zukunftsfonds TNL Identifier: LU0314225409 Report created on: Jul 31, 2017 : Equity - MSCI ACWI Index Currency: EUR Industry Classification: ICB Company Breakdown Metrics: relative
More informationEmissions incl. Scope 3. Portfolio 98.4% 91.8% 3' ' Benchmark 93.7% 99.2% 7' '
Carbon Report - DKB Zukunftsfonds Identifier: - Report created on: Jul 09, 2018 Holdings Date: Jun 30, 2018 : Equity - MSCI Europe Index Currency: EUR Industry Classification: ICB Company Breakdown Metrics:
More informationCustom Benchmarking Report Prepared for: Pinnacle Foods Group
Custom Benchmarking Report Prepared for: Peer companies selected:,,,, Reynolds American Inc.,, powered by public responses from CDP 2017 climate change information request brought to you by CDP reporter
More informationMIND THE GAP. CEO Remuneration and the Scandinavian Corporate Governance Landscape. September, 2017
MIND THE GAP CEO Remuneration and the Scandinavian Corporate Governance Landscape September, 2017 September 2017 1 INTRODUCTION The corporate governance landscape has been changing and executive remuneration
More informationClimate Impact Assessment of companies listed on Nasdaq Helsinki
Climate Impact Assessment of companies listed on Nasdaq Helsinki Zurich, 6 November 2015 (Updated Version) Contact: Dr. Maximilian Horster South Pole Group Technoparkstrasse 1 8005 Zurich Switzerland +41
More informationReport on Equity Portfolio Carbon Footprint
Report on Equity Portfolio HSBC Global Asset Management 19 th April 2017 This presentation is intended exclusively towards qualified investors in the meaning of Art. 10 para 3, 3bis and 3ter of the Federal
More informationGICS system sectors and industries
GICS system sectors and industries In studying the share markets any where around the world, it can be useful to compare companies that are somewhat similar in what they do. That is, for example, to compare
More informationC1 - Public NZ SUPER FUND CARBON FOOTPRINT 2017
NZ SUPER FUND CARBON FOOTPRINT 2017 The Guardians is committed to reducing exposure to carbon across the whole Fund. We define carbon exposure as a combination of our portfolio s current emissions (emissions
More informationPortfolio Carbon Footprint
Portfolio Carbon Footprint San Francisco State University Foundation Tanvi Pradhan Supervised by Dr. Philip King 0 Table of Contents 1. Acknowledgement... 2 2. Introduction... 3 2.1 Greenhouse Gas Protocol...
More informationishares MSCI Sweden ETF (EWD) Summary Description Historical prices (1 year) DIAMONDS* RATINGS* ETFG RISK RATING 4.62 ETFG REWARD RATING 5.
ishares MSCI Sweden ETF (EWD) Tearsheet as of 7:41 pm, April 26, 2014. Summary RATINGS* DIAMONDS* ETFG RISK RATING 4.62 ETFG REWARD RATING 5.96 Description ishares MSCI Sweden ETF is an exchange-traded
More informationS&P 500 GICS Sector Scorecard (1/26/18) 12-Mo. See the last page for Index % of 500 Price Changes (%)
S&P 500 GICS Sector Scorecard (1/26/18) 12-Mo. See the last page for Index % of 500 Price Changes (%) 5-Year % Chg. disclosure information. Value or Sector 1 Wk. 13 Wks. YTD 2017 5-Yr CAGR Beta Std. Dev.
More informationCarbon Footprint Report 2018: OPM - Private Equity Fund
Carbon Footprint Report 2018: OPM - Private Equity Fund ISS-Ethix Climate Solutions http://www.issgovernance.com/esg 2018 ISS-Ethix Table of contents Executive Summary... 4 1. Introduction... 5 2. Key
More informationSustainability Report
Sustainability Report This information is provided for financial advisers and their clients and wholesale investors. There is no guarantee investment strategies will be successful. Investment risks include
More informationVINX Benchmark EUR_GI
VINX Benchmark EUR_GI The VINX Benchmark index (VINXB) consists of a selection of the largest and most traded stocks, with representation from a majority of the Industries. The weight of each constituent
More informationFTXR First Trust Nasdaq Transportation ETF
First Trust Nasdaq Transportation ETF ETF.com segment: Equity: U.S. Transportation Competing ETFs: IYT, XTN, XKST Related ETF Channels: North America, Smart-Beta ETFs, Multi-factor, Transportation, U.S.,
More informationCARNEGIE INVESTMENT FUND
Société d'investissement à Capital Variable UNAUDITED SEMI-ANNUAL REPORT 30 JUNE 2013 R.C.S. Luxembourg B 158 803 Subscriptions are only valid if made on the basis of the current prospectus accompanied
More informationMPI Quantitative Analysis
MPI Quantitative Analysis a Mario H. Aguilar Director, Client Services, EMEA February 2011 Markov Processes International Tel +1 908 608 1558 www.markovprocesses.com ASSET CLASS ANALYSIS NORTH AMERICA
More informationCARBON FOOTPRINTING 101
ISSUE BRIEF CARBON FOOTPRINTING 101 A Practical Guide to Understanding and Applying Carbon Metrics Ken Frankel Manish Shakdwipee Laura Nishikawa, CFA September 2015 SEPTEMBER 2015 EXECUTIVE SUMMARY Climate
More informationSustainability report 2017 SWEDBANK FÖRSÄKRING AB
Sustainability report 2017 SWEDBANK FÖRSÄKRING AB Table of Content 1. Responsible investment... 3 Sustainable management... 3 Policy... 3 Transparency... 3 Increased awareness... 3 Climate impact... 3
More informationCarbon Counts: Assessing the Carbon Exposure of Canadian Institutional Investment Portfolios
September 21 Carbon Counts: Assessing the Carbon Exposure of Canadian Institutional Investment Portfolios A report commissioned by WWF Canada Contents 1. Executive summary 1 Overview 2 Overview of the
More informationIFRS adoption in Kingdom of Saudi Arabia. December 2017
IFRS adoption in Kingdom of Saudi Arabia December 217 Contents Introduction 3 Executive summary 5 Effects of IFRS adoption: Effects on retained earnings Effects on assets Effects on liabilities 7 Key IFRS
More informationPERFORMANCE UDPATE. Fig.1.1. Equity Sector Index Families. US Sector S&P 500 [Select Sector SPDR S&P [Sector Indices] Europe Sector
CONTACT PERFORMANCE UDPATE For more information, contact Henry Cobbe, CFA Head of Research henry@elstonconsulting.co.uk Emma Cole Associate emma@elstonconsulting.co.uk Scope focuses on ETFs listed on the
More informationIDOG ALPS International Sector Dividend Dogs ETF
ALPS International Sector Dividend Dogs ETF ETF.com segment: Equity: Developed Markets Ex-U.S. - Large Cap Competing ETFs: DOL, DOO, FNDF, CIZ, RBIN Related ETF Channels: Developed Markets Ex-U.S., Smart-Beta
More informationEFNL ishares MSCI Finland ETF
ishares MSCI Finland ETF ETF.com segment: Equity: Finland - Total Market Competing ETFs: Related ETF Channels: Finland, Total Market, Broad-based, ESG, Single Country, Vanilla, Europe, Equity, Size and
More informationEFNL ishares MSCI Finland ETF
ishares MSCI Finland ETF ETF.com segment: Equity: Finland - Total Market Competing ETFs: N/A Related ETF Channels: Finland, Total Market, ESG, Single Country, Vanilla, Europe, Equity, Size and Style, Broad-based
More information# of Equities in Industry
# of Equities in Industry Name ERLANGER SECTOR _ INDUSTRY WEEKLY OVERVIEW As Of 03/11/2010 Sectors - Industries Sorted By Power ing Within Sector Weekly 3/11/10 3/4/10 2/25/10 2/18/10 2/11/10 2/4/10 1/28/10
More informationNORW Global X MSCI Norway ETF
Global X MSCI Norway ETF ETF.com segment: Equity: Norway - Total Market Competing ETFs: ENOR Related ETF Channels: Norway, ESG, Single Country, Total Market, Vanilla, Europe, Equity, Size and Style, Broad-based
More informationSustainability Report
Sustainability Report Data as of June 30, 2018 There is no guarantee investment strategies will be successful. Investment risks include loss of principal and fluctuating value. Environmental and social
More informationS-Network International Sector Dividend Dogs Index
S-Network International Sector Dividend Dogs Index Q4 2017 2015 S-Network Global Indexes, 267 Fifth Avenue, New York, NY 10016. Index Rationale Well-Qualified Universe of Index Candidates Captures Stocks
More informationXRT SPDR S&P Retail ETF
SPDR S&P Retail ETF ETF.com segment: Equity: U.S. Retail Competing ETFs: PMR, FTXD Related ETF Channels: Sectors, U.S., Smart-Beta ETFs, Equity, Equal-Weighted, Retail, North America, Consumer Discretionary,
More informationSHAREHOLDER RELATIONS DEPARTMENT 300 PHILLIPI ROAD COLUMBUS, OHIO PHONE: FAX: September 30, 2015
SHAREHOLDER RELATIONS DEPARTMENT 300 PHILLIPI ROAD COLUMBUS, OHIO 43228-5311 PHONE: 614-289-6622 FAX: 614.278-6666 Mr. Paul Dickinson Chief Executive Carbon Disclosure Project 40 Bowling Green Lane London,
More informationIBUY Amplify Online Retail
Amplify Online Retail ETF.com segment: Equity: Global Retail Competing ETFs: RTH Related ETF Channels: Equal-Weighted, Smart-Beta ETFs, Global, Equity, Sectors, Consumer Discretionary, Consumer Cyclicals,
More informationU.S. Balancing Act July 2018
Leila Heckman, Ph.D. lheckman@dcmadvisors.com 917-386-6261 John Mullin, Ph.D. jmullin@dcmadvisors.com 917-386-6262 Allison Hay ahay@dcmadvisors.com 917-386-6264 U.S. Balancing Act July 2018 A Disciplined
More informationNN European Sustainable Equity
For professional use only Month ending 30 April 2018 NN European Sustainable Equity Strategy Brief Portfolio Management Hendrik-Jan Boer Lead Portfolio Manager Experience since: 1990 With firm since: 1998
More informationJHMC John Hancock Multifactor Consumer Discretionary ETF
John Hancock Multifactor Consumer Discretionary ETF ETF.com segment: Equity: U.S. Consumer Cyclicals Competing ETFs: FXD, CNDF, XLY, VCR, IYC Related ETF Channels: North America, U.S., Smart-Beta ETFs,
More informationPre-poll Methodology for Asiamoney Brokers Poll 2016
Pre-poll Methodology for Asiamoney Brokers Poll 2016 Asiamoney s 27 th annual Brokers Poll is scheduled for launch on 4 th July, we invite senior institutional investors at fund management companies, hedge
More informationPPH VanEck Vectors Pharmaceutical ETF
VanEck Vectors Pharmaceutical ETF ETF.com segment: Equity: Global Pharmaceuticals Competing ETFs: GNRX Related ETF Channels: Pharmaceuticals, Healthcare, Vanilla, Global, Equity, Sectors Find more ETFs
More informationSPXE ProShares S&P 500 Ex-Energy ETF
ProShares S&P 500 Ex-Energy ETF ETF.com segment: Equity: U.S. - Large Cap Competing ETFs: SPY, IVV, VOO, IWB, SCHX Related ETF Channels: North America, U.S., Large Cap, Vanilla, Equity, Size and Style,
More informationNN Global Sustainable Equity
For professional use only Month ending 31 December 2017 NN Global Sustainable Equity Strategy Brief Portfolio Management Hendrik-Jan Boer Lead Portfolio Manager Experience since: 1990 With firm since:
More informationVDC Vanguard Consumer Staples ETF
Vanguard Consumer Staples ETF ETF.com segment: Equity: U.S. Consumer Non-cyclicals Competing ETFs: XLP, IYK, FSTA, PSCC, RHS Related ETF Channels: North America, U.S., Broad-based, Vanilla, Consumer non-cyclicals,
More informationXT ishares Exponential Technologies ETF
ishares Exponential Technologies ETF ETF.com segment: Equity: Global Technology Competing ETFs: DTEC, IXN, CIBR, IPAY, FINX Related ETF Channels: Multi-factor, Technology, Smart-Beta ETFs, Global, Equity,
More informationEQWS Invesco Russell 2000 Equal Weight ETF
Invesco Russell 2000 Equal Weight ETF ETF.com segment: Equity: U.S. - Small Cap Competing ETFs: EWSC, IWM, IJR, VB, SCHA Related ETF Channels: North America, Equal-Weighted, Smart-Beta ETFs, U.S., Broad-based,
More informationSPYV SPDR Portfolio S&P 500 Value ETF
SPDR Portfolio S&P 500 Value ETF ETF.com segment: Equity: U.S. - Large Cap Value Competing ETFs: IVE, VOOV, RPV, DVP, FVAL Related ETF Channels: North America, Smart-Beta ETFs, Large Cap, U.S., S&P 500
More informationQUAL ishares Edge MSCI U.S.A. Quality Factor ETF
ishares Edge MSCI U.S.A. Quality Factor ETF ETF.com segment: Equity: U.S. - Total Market Competing ETFs: DGRO, MOAT, PKW, FNDB, RYJ Related ETF Channels: North America, Smart-Beta ETFs, Total Market, U.S.,
More informationGREENHOUSE GAS EMISSIONS: RISKS AND CHALLENGES FOR PORTFOLIOS JANUARY 2016
insightpaper GREENHOUSE GAS EMISSIONS: RISKS AND CHALLENGES FOR PORTFOLIOS JANUARY 2016 The Paris Climate Change Agreement highlights the commitment of countries to address climate change. It reinforces
More informationVIS Vanguard Industrials ETF
VIS Vanguard Industrials ETF ETF.com segment: Equity: U.S. Industrials Competing ETFs: XLI, IYJ, FIDU, PSCI, FXR Related ETF Channels: North America, U.S., Broad-based, Vanilla, Industrials, Equity, Sectors
More informationFKO First Trust South Korea AlphaDEX Fund
First Trust South Korea AlphaDEX Fund ETF.com segment: Equity: South Korea - Total Market Competing ETFs: EWY, DBKO, HEWY, KOR, FLKR Related ETF Channels: South Korea, Smart-Beta ETFs, Multi-factor, Total
More informationFPI Lannebo Smabolag SEK. December OLAB fund factsheet. Fund objective
OLAB fund factsheet FPI Lannebo Smabolag SEK December 2018 This factsheet is for information only and should not be considered a financial promotion. The information shown should not be relied upon for
More informationFQAL Fidelity Quality Factor ETF
Fidelity Quality Factor ETF ETF.com segment: Equity: U.S. - Large Cap Competing ETFs: PRF, FNDX, SPHQ, FTCS, RWL Related ETF Channels: North America, U.S., Smart-Beta ETFs, Large Cap, Broad-based, Fundamental,
More informationEFAS Global X MSCI SuperDividend EAFE ETF
Global X MSCI SuperDividend EAFE ETF ETF.com segment: Equity: Developed Markets Ex-U.S. - High Dividend Competing ETFs: IDV, DTH, HDEF, FIDI Related ETF Channels: Developed Markets Ex-U.S., Smart-Beta
More informationMorgan Stanley Financial Services Conference
Morgan Stanley Financial Services Conference Group CEO and President, Björn Wahlroos April 1 st, 2009 Sampo Group s History The 21st century in Sampo Group has been reflected by several structural changes.
More informationItem 19. Current terms of employment. The Board s proposed guidelines
Item 19 The Board s proposed resolution on the adoption of principles for remuneration and other terms of employment for the members of the Executive Management Team The remuneration guidelines approved
More informationRMIA Conference, November 2009
THE IMPLICATIONS OF THE CARBON POLLUTION REDUCTION SCHEME FOR YOUR BUSINESS RMIA Conference, November 2009 AGENDA Now Important concepts Participating in the CPRS: compliance responsibilities Participating
More informationASEA Global X FTSE Southeast Asia ETF
Global X FTSE Southeast Asia ETF ETF.com segment: Equity: Southeast Asia - Total Market Competing ETFs: N/A Related ETF Channels: Southeast Asia, Total Market, Broad-based, Asia-Pacific, Equity, Vanilla,
More informationMOO VanEck Vectors Agribusiness ETF
VanEck Vectors Agribusiness ETF ETF.com segment: Equity: Global Agriculture Competing ETFs: SOIL, PAGG, VEGI, CROP, FTAG Related ETF Channels: Global, Vanilla, Theme Investing, Equity, Sectors Find more
More informationSector Compliance Report
NBIM INVESTOR EXPECTATIONS CLIMATE CHANGE RISK MANAGEMENT Sector Compliance Report 2010 1 Sector Compliance Report 2010 ISSN 1891-7720 Sector Compliance Report 2010 Print: 07 Gruppen a/s Design and illustration:
More informationMOO VanEck Vectors Agribusiness ETF
VanEck Vectors Agribusiness ETF ETF.com segment: Equity: Global Agriculture Competing ETFs: SOIL, PAGG, VEGI, CROP, FTAG Related ETF Channels: Vanilla, Theme Investing, Global, Equity, Sectors Find more
More informationExecutive and Board Remuneration in Sweden Empirical data, analysis, legislation and vision
Executive and Board Remuneration in Sweden 2012 2016 Empirical data, analysis, legislation and vision Contents 2 Executive and Board Remuneration in Sweden 2012-2016 01 About this report...4 02 Executive
More informationEvaluation of the Pilot Project of Domestic Emissions Trading Scheme
Evaluation of the Pilot Project of Domestic Emissions Trading Scheme 1. General Outline of the Project July 12, 2004 Climate Change Policy Division Global Environment Bureau Ministry of the Environment,
More informationVXF Vanguard Extended Market ETF
Vanguard Extended Market ETF ETF.com segment: Equity: U.S. - Extended Market Competing ETFs: PRFZ, SPMD, ISMD, SMMD, SDVY Related ETF Channels: North America, U.S., Extended Market, Broad-based, Vanilla,
More informationWisdomTree Japan SmallCap Dividend Fund (DFJ) Summary. Description. Historical prices (1 year) DIAMONDS* RATINGS* ETFG RISK RATING 3.
WisdomTree Japan SmallCap Dividend Fund (DFJ) Tearsheet as of 7:43 pm, April 26, 2014. Summary RATINGS* DIAMONDS* ETFG RISK RATING 3.97 ETFG REWARD RATING 5.39 Description WisdomTree Japan SmallCap Dividend
More informationRWR SPDR Dow Jones REIT ETF
SPDR Dow Jones REIT ETF ETF.com segment: Equity: U.S. Real Estate Competing ETFs: SCHH, VNQ, IYR, XLRE, USRT Related ETF Channels: North America, U.S., Broad-based, Vanilla, Equity, Real Estate, REIT,
More informationValuation: S&P 500 Sectors & Industries Forward P/Es
Valuation: S&P Sectors & Industries Forward P/Es July 27, 16 Dr. Edward Yardeni 16-972-7683 eyardeni@ Joe Abbott 732-497-6 jabbott@ Mali Quintana 48-664-1333 aquintana@ Please visit our sites at www. blog.
More informationITB ishares U.S. Home Construction ETF
ishares U.S. Home Construction ETF ETF.com segment: Equity: U.S. Homebuilding Competing ETFs: XHB Related ETF Channels: North America, U.S., Homebuilding, Vanilla, Equity, Sectors, Consumer Discretionary,
More informationCLIMATE RISK NORWEGIAN CLIMATE RISK COMMISSION PATRICK DU PLESSIS
CLIMATE RISK NORWEGIAN CLIMATE RISK COMMISSION PATRICK DU PLESSIS Agenda 1. Responsible investment at Norges Bank Investment Management Overview Role and contributions of Risk Monitoring Department 2.
More informationFONE First Trust NASDAQ Smartphone Index Fund
First Trust NASDAQ Smartphone Index Fund ETF.com segment: Equity: Global Phones & Handheld Devices Competing ETFs: N/A Related ETF Channels: Technology, Equal-Weighted, Smart-Beta ETFs, Global, Equity,
More informationStock Market Briefing: S&P 500 Sectors & Industries Forward Earnings (Indexed)
Stock Market Briefing: S&P 5 Sectors & Industries Forward Earnings (Indexed) July 11, 218 Dr. Edward Yardeni 516-972-7683 eyardeni@ Joe Abbott 732-497-536 jabbott@ Please visit our sites at www. blog.
More informationSOXX ishares PHLX Semiconductor ETF
ishares PHLX Semiconductor ETF ETF.com segment: Equity: U.S. Semiconductors Competing ETFs: XSD, PSI, FTXL Related ETF Channels: U.S., Technology, Sectors, Semiconductors, PHLX Semiconductor Sector Index,
More informationRSX VanEck Vectors Russia ETF
VanEck Vectors Russia ETF ETF.com segment: Equity: Russia - Total Market Competing ETFs: ERUS, FLRU Related ETF Channels: Total Market, MVIS Russia Index, Broad-based, Single Country, Vanilla, Europe,
More informationAUSE WisdomTree Australia Dividend Fund
WisdomTree Australia Dividend Fund ETF.com segment: Equity: Australia - High Dividend Yield Competing ETFs: Related ETF Channels: Smart-Beta ETFs, Australia, Dividend, Broad-based, Dividends, Asia-Pacific,
More informationRSX VanEck Vectors Russia ETF
VanEck Vectors Russia ETF ETF.com segment: Equity: Russia - Total Market Competing ETFs: ERUS, FLRU Related ETF Channels: Single Country, Total Market, MVIS Russia Index, Vanilla, Europe, Emerging Markets,
More informationLast week's rating: C Marketperform Percentile Ranking: 53 Data as of 07/06/2018
SCHWAB EQUITY RATING Percentile Ranking: 55 A 1-10 Strongly Outperform BUY B 11-30 Outperform C 31-70 Marketperform D 71-90 Underperform BUY HOLD SELL F 91-100 Strongly Underperform SELL PRICE VOLATILITY
More information2013 French Equity Based Compensation FAQ
December 17, 2012 Institutional Shareholder Services Inc. Copyright 2012 by ISS www.issgovernance.com ISS' 2013 French Equity Based Compensation Policy FAQ Effective for Meetings on or after Feb. 1, 2013
More informationStock Market Briefing: S&P 500 Sectors & Industries Forward P/Es
Stock Market Briefing: S&P Sectors & Industries Forward P/Es January 17, 18 Dr. Edward Yardeni 16-972-7683 eyardeni@ Joe Abbott 732-497-6 jabbott@ Mali Quintana 48-664-1333 aquintana@ Please visit our
More informationCONSENSUS OPERATING EARNINGS for the S&P 500, MidCap 400 and SmallCap 600 Indices, as well as the Sectors in the S&P /02/18
CONSENSUS OPERATING EARNINGS for the S&P 500, MidCap 400 and SmallCap 600 Indices, as well as the Sectors in the S&P 500. 02/02/18 Operating EPS Y/Y % chgs. S&P 500 Sector Q1 Q2 2017 Q3 Q4E Year Q1E Q2E
More information