Evli Global Multi Manager 50

International allocation fund that invests equally in equities and fixed income instruments

NAV
26.01.2023
Return %
Year-To-Date
Return %
1 y
Return % p.a.
3 y
Return % p.a.
5 y
Return % p.a.
Since start
73.290 3.53 -6.33 1.12 2.04 2.80
NAV
26.01.2023
Return %
Year-To-Date
Return %
1 y
Return % p.a.
3 y
Return % p.a.
5 y
Return % p.a.
Since start
189.953 3.53 -6.33 1.12 2.04 2.80

Risk

4/7

Morningstar

4/5

Recommended Investment Horizon

at least 5 years

Administrative fees

0.75 % p.a.

Suitable for investors

  • who wish to invest in the worldwide known funds easily
  • who seek professional and tax-efficient asset management services
  • who wish to become internationally diversified by making one single investment
  • who wish to invest in global markets through a Finnish mutual fund
  • who want to invest responsibly and take into account not only economic analysis but also environmental, social and good governance (ESG) factors.

Invest

min. 1 000 € or 50 €/month

Investment Policy 

Evli Global Multi Manager 50 Fund is an allocation fund that invests globally in both equities and fixed income instruments. The investments will be diversified through other mutual funds or foreign UCITS in various equity markets, government bonds, corporate bonds, the emerging markets and money markets.

The ratio of the fund's equity investments may vary within the range of 30% to 70%, the neutral equity weighting being 50%. The allocation between asset classes will be actively adjusted according to Evli's market and allocation view and by using a process developed for the selection of mutual funds. Some of the investments are targeted using academically verified factors.

 

The portfolio is managed by

Evli Fund Management Company

Investment Objective and Risks

The aim is to earn a return which, in the long term, exceeds the return of the benchmark index.

Fund facts

Type of fund International allocation fund (UCITS)
Investment activity began 16.11.1999
Current strategy since 31.08.2017
Benchmark index

3-month Euribor index 50%, MSCI Europe TR Net 50%

Profit distribution Fund-units are divided into A and B units. Profit share of at least 4% is distributed on A units annually.

Sustainability-related disclosures

Financial product’s sustainability information in accordance with EU Sustainable Finance Disclosure Regulation (SFDR) 2019/2088 (sustainability‐related disclosures in the financial services sector). This is a financial product in accordance with Article 8 of the SFDR.

Publication date: December 16, 2022
Legal Entity Identifier: 743700NCX4P3RRVQCQ58

a) Summary

This financial product promotes environmental or social characteristics, but its objective is not to make sustainable investments.

The fund promotes environmental and social characteristics in accordance with Evli’s Principles for Responsible Investment, Climate Change Principles and climate targets with regard to assets invested in mutual funds managed by Evli, and requires that target companies follow good governance practices. In accordance with its investment strategy, the fund’s goal is to invest in funds that, in addition to other characteristics, promote environmental and/or social characteristics or whose objective is to make sustainable investments. Funds other than those managed by Evli have their own principles for responsible investment. The fund’s focus is on products that promote environmental and social characteristics, in addition to others.

In the strategies, the carbon footprint and emission indicators are measured and monitored, and a regular scenario analysis is conducted to monitor the strategies’ attainment of Evli’s general climate targets. Evli’s goal is to achieve carbon neutrality by 2050 at the latest, and it has set a target of a 50 percent reduction in indirect emissions from all investments by 2030, provided that this is possible in the investment environment. The comparison year is 2019. The fund-specific share of the emission reduction target may vary between funds. 

Evli engages with target companies in the funds managed by Evli Fund Management Company in accordance with Evli’s ownership control principles. Engagement may be motivated by violations of UN Global Compact norms or reasons related to climate goals. In addition, funds other than those managed by Evli Fund Management Company may engage independently with companies based on each management company’s own responsibility principles. Evli’s Principles for Responsible Investment and Corporate Governance Principles set the framework for Evli’s engagement and conduct in the event of perceived breaches of norms.

The fund’s investments are analyzed before an investment decision is made and at regular intervals during the investment period with regard to environmental, social, and corporate governance matters, or ESG factors. The analysis focuses on the target funds’ investment processes and the implementation of ESG integration. In the case of funds not managed by Evli, the focus is on investments that have integrated the promotion of environmental and social characteristics into their investment strategy. In addition, we place emphasis on the management company’s public commitment to responsible investment policies and to support for the objectives of the Paris Climate Agreement, preferably in line with established standards such as PRI, Climate Action 100+ or Net-Zero Asset Manager initiatives. Third parties are expected to commit to encourage companies to set emission reduction targets, to comply with good governance and climate policies, and to promote emissions reporting.

The achievement of the environmental or social characteristics promoted by the financial product is monitored and reported annually with sustainability indicators that are the target companies’ carbon intensity trend and commitment to emission reduction targets, and the number of target companies that have not committed serious norm violations.

Sustainability indicators are monitored through Evli’s internal ESG database. The data is based on data provided by external service providers, which is not verified by a third party. The completeness of the data is reported in conjunction with the sustainability indicators. In its investment decisions, the fund commits to invest at least 75 percent of its assets in funds that either promote environmental and/or social characteristics or are aimed at making sustainable investments. The fund may also use funds and ETFs that do not promote objectives related to environmental and social characteristics. The principles described above apply when selecting these investment targets and making investment decisions. The completeness of the data does not affect compliance with the above principles.

The fund’s benchmark index is a money market-based index that does not consider sustainability factors. The benchmark index used by the fund can be found in the fund-specific key investor information document.

b) No sustainable investment objective

This financial product promotes environmental or social characteristics, but its objective is not to make sustainable investments.

c) Environmental or social characteristics of the financial product

The fund promotes environmental and social characteristics in accordance with Evli’s Principles for Responsible Investment, Climate Change Principles and climate targets with regard to assets invested in mutual funds managed by Evli, and requires that target companies follow good governance practices. In accordance with its investment strategy, the fund’s goal is to invest in funds that, in addition to other characteristics, promote environmental and/or social characteristics or whose objective is to make sustainable investments. Funds other than those managed by Evli have their own principles for responsible investment.

The fund’s focus is on products that promote environmental and social characteristics, in addition to others. Evli has built an internal ESG database based on data produced by external service providers, which it uses to monitor the ESG factors of funds and ETFs.  An ESG score is calculated for each fund and ETF, reflecting how well the companies the fund has invested in have taken sustainability risks and opportunities into consideration as a whole. The indicators also include company-specific ESG scores and their development, information on any UN Global Compact violations, the company’s reputation risk, carbon footprint and the proportion of fossil reserves.  Investments in index funds or passive ETFs do not have to follow the process described above. In the case of such investments, Evli requires that the providers are reputable and trustworthy and have signed the UN Principles for Responsible Investment.

The fund excludes harmful industries on the basis of Evli’s responsibility principles and Climate Change Principles. In addition, target companies are regularly monitored for violations of norms. Funds other than those managed by Evli follow their own exclusion policies.

In the strategies, the carbon footprint and emission indicators are measured and monitored, and a regular scenario analysis is conducted to monitor the strategies’ attainment of Evli’s general climate targets. Evli’s goal is to achieve carbon neutrality by 2050 at the latest, and it has set a target of a 50 percent reduction in indirect emissions from all investments by 2030, provided that this is possible in the investment environment. The comparison year is 2019. The fund-specific share of the emission reduction target may vary between funds.  The attainment of the climate targets will be measured using data from external service providers to monitor the fund’s carbon footprint and intensity, the degree of low-carbon transition, a scenario analysis in relation to the target of limiting global warming to 1.5 degrees Celsius and the warming ratio associated with the fund.

Evli engages with target companies in the funds managed by Evli Fund Management Company in accordance with Evli’s ownership control principles. Engagement may be motivated by violations of UN Global Compact norms or reasons related to climate goals. In addition, funds other than those managed by Evli Fund Management Company may engage independently with companies based on each management company’s own responsibility principles.

d) Investment strategy

The fund’s investments are analyzed before an investment decision is made and at regular intervals during the investment period with regard to environmental, social, and corporate governance matters, or ESG factors. The analysis focuses on the target funds’ investment processes and the implementation of ESG integration.

To promote environmental and social characteristics, the fund’s investments comply with Evli’s Principles for Responsible Investment with regard to assets invested in mutual funds managed by Evli. In the case of funds not managed by Evli, the focus is on investments that have integrated the promotion of environmental and social characteristics into their investment strategy. In addition, we place emphasis on the management company’s public commitment to responsible investment policies and to support for the objectives of the Paris Climate Agreement, preferably in line with established standards such as PRI, Climate Action 100+ or Net-Zero Asset Manager initiatives. Third parties are expected to commit to encourage companies to set emission reduction targets, to comply with good governance and climate policies, and to promote emissions reporting.

Evli Group’s ownership control principles state that the companies it invests in must engage in good governance by complying with the Finnish Corporate Governance Code issued by the Securities Market Association, for example, or corresponding foreign guidelines, which often impose a partial framework on the remuneration models of the invested companies. These same principles apply to the funds managed by Evli Fund Management Company, which may be used as part of the asset management offered to the client. If funds managed by other service providers are also used, they are required to have a high level of competence and a good reputation, to comply with good governance practices and to have strong financial standing and to operate responsibly, both in relation to their own operations and those of the underlying companies of the funds they use.

Evli’s Responsible Investment Team analyzes target companies every six months for any breaches of norms (UN Global Compact and OECD’s guidelines for multinational companies). The OECD Guidelines for Multinational Enterprises also cover disputes related to taxation in the funds’ target companies.

e) Proportions of investments

In its investment decisions, the fund commits to invest at least 75 percent of its assets in funds that either promote environmental and/or social characteristics or are aimed at making sustainable investments. The fund may also use funds and ETFs that do not promote objectives related to environmental and social characteristics. The principles described above apply when selecting these investment targets and making investment decisions.

f) Monitoring of environmental or social characteristics

The achievement of the environmental or social characteristics promoted by the financial product is monitored and reported annually through the target companies’ carbon intensity trend and commitment to emission reduction targets, as well as through the number of target companies that have not committed serious norm violations. Evli has built an internal ESG database to monitor sustainability indicators. In addition, the Responsible Investment Team analyzes norm violation cases in accordance with the process set out in the Principles for Responsible Investment.

g) Methods concerning environmental or social characteristics

The environmental and social characteristics promoted by the financial product are monitored and reported using the sustainability indicators mentioned above.

h) Data sources and data processing

Evli has built an internal database based on data provided by external service providers, which is used for monitoring and reporting sustainability indicators and adverse impacts of investment decisions related to the promotion of the promoted environmental and social characteristics. The data from external providers is not verified by a third party and the completeness of the data is reported at the same time.

i) Limitations of methods and data

The achievement of the promoted environmental and social characteristics is reported annually through the sustainability indicators mentioned above, in conjunction with which the completeness of the data from the target companies is also reported. In its investment decisions, the fund commits to invest at least 75 percent of its assets in funds that either promote environmental and/or social characteristics or are aimed at making sustainable investments. The fund may also use funds and ETFs that do not promote objectives related to environmental and social characteristics. The principles described above apply when selecting these investment targets and making investment decisions. The completeness of the data does not affect compliance with the above principles.

j) Due diligence

The fund’s investments are analyzed before an investment decision is made and at regular intervals during the investment period with regard to environmental, social, and corporate governance matters, or ESG factors. The analysis focuses on the target funds’ investment processes and the implementation of ESG integration. Evli has built an internal ESG database based on data produced by external service providers, which it uses to monitor ESG factors. To promote environmental and social characteristics, the fund’s investments comply with Evli’s Principles for Responsible Investment with regard to assets invested in mutual funds managed by Evli. Evli’s Principles for Responsible Investment define the basic standards for norm-based screening and exclusion of companies.

In the case of funds not managed by Evli, the focus is on investments that have integrated the promotion of environmental and social characteristics into their investment strategy. In addition, we place emphasis on the management company’s public commitment to responsible investment policies and to support for the objectives of the Paris Climate Agreement, preferably in line with established standards such as PRI, Climate Action 100+ or Net-Zero Asset Manager initiatives. Third parties are expected to commit to encourage companies to set emission reduction targets, to comply with good governance and climate policies, and to promote emissions reporting.

The methods are based on data provided by an external service provider, which is not verified by a third party.

k) Engagement policies

The financial product can be used to engage with the target companies as part of the promotion of environmental and social characteristics. Evli’s Principles for Responsible Investment and ownership control principles set the framework for Evli’s engagement and conduct in the event of perceived breaches norms.

l) Designated reference value

The fund’s benchmark index is a money market-based index that does not consider sustainability factors. The benchmark index used by the fund can be found in the fund-specific key investor information document.

Read more about Evli's responsible investing

Information on environmental and social characteristics of the fund in accordance with article 8 of Sustainable Disclosure Regulation (in force from January 1, 2023)

Downloadable files

Invest

min. 1 000 € or 50 €/month