Evli Global

Equity fund that invests in developed markets’ companies globally

NAV
18.08.2022
Return %
Year-To-Date
Return %
1 y
Return % p.a.
3 y
Return % p.a.
5 y
Return % p.a.
Since start
8.399 0.81 6.45 15.85 10.91 6.23
NAV
18.08.2022
Return %
Year-To-Date
Return %
1 y
Return % p.a.
3 y
Return % p.a.
5 y
Return % p.a.
Since start
32.856 0.81 6.45 15.85 10.91 6.23
NAV
18.08.2022
Return %
Year-To-Date
Return %
1 y
Return % p.a.
3 y
Return % p.a.
5 y
Return % p.a.
Since start
155.889 1.20 7.09 16.55 - 10.16

Risk

6/7

Morningstar

5/5

Recommended Investment Horizon

7 years or more

Administrative fees

1.60 % p.a.

Suitable for investors

  • who want to benefit from an actively managed and globally diversified international equity portfolio
  • who want to benefit from the return opportunities of investing in global equity markets
  • who want to diversify their investments across a wider array of countries to mitigate equity risk
  • 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 Fund is an equity fund that invests its assets globally in equities. The fund's investment strategy is active, and the fund is not subject to restrictions concerning index, sector or geographical region.

Investment instruments are primarily developed economies' quoted shares in Europe, North America, Japan and Australia. The fund’s investment strategy emphasizes underpriced companies that generate cash flow and have strong debt coverage.

Responsibility and consideration of sustainability factors 

SFDR classification*: article 8, light green

The fund promotes sustainability factors as part of investment operations by integrating responsibility factors into investment analyses and by engaging with and excluding companies. ESG aspects are integrated into investment decisions not only by considering their financial impacts on the company, but also by assessing unquantifiable good governance factors and compliance with the principles of the UN Global Compact. The fund’s investment strategy is based on stock selection, and therefore focus on the ESG risks that are relevant to each individual company. Whenever a company has a significant and unresolved ESG issue, as defined by the research process, the company becomes ineligible for investment. Analysis is carried out by the fund’s portfolio managers with the support of MSCI’s ESG database and research and Evli’s Responsible Investment team. The fund follows Evli’s general exclusion practices. The companies invested in by the fund is monitored for violations of UN Global Compact standards and the Climate Change Principles, and they are engaged with or excluded if violations are detected. The ESG indicators of the fund is reported in fund-specific ESG reports, which are updated four times a year. The fund’s benchmark index is a market-based index that does not consider sustainability risks or sustainability factors. The benchmark index used by the fund can be found in the fund-specific key investor information document.

*In accordance with the Sustainable Finance Disclosure Regulation (SFDR), Evli’s funds are classified into three categories with respect to sustainability factors: mainstream funds do not address sustainability factors, light green funds promote sustainability factors among other features, and dark green funds aim to make sustainable investments
 
Read more about Evli's responsible investing

 

The portfolio is managed by

Hans-Kristian Sjoholm

Hans-Kristian Sjöholm

Investment Objective and Risks

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

As the fund's assets are invested in equities or equity-linked securities, the fund unit value can fluctuate significantly within a short period. The fund's investments carry an exchange rate risk.

Monthly review

31.07.2022

The Fund’s return was 10.71% in July, while the return of the benchmark index was 10.96%. The Fund’s annualized return since 31.5.2011 (when present management took over) was 11.97%, while the benchmark’s annualized return was 11.95%.

By sector, stock selection weakened the return differential in the aggregate. The most negative effects came from consumer discretionary and IT, while the most positive ones came from industrials. Sector weights, such as an overweight in consumer discretionary, benefitted the Fund. Geographically, the biggest harm to relative performance came from the US (stock selection and underweight with the related currency effect) and the biggest benefit from Sweden (mainly stock selection). By stock, the most negative attribution effects came from the fact that Apple, Amazon, and Tesla were not in the portfolio, while the top attributors were Europris, Hexpol, and Winnebago Industries. 

We invest in underpriced companies that generate cash flow and have strong debt coverage. There are no benchmark, sector, geographical or market cap constraints within the investment universe.

Fund facts

Type of fund International equity fund (UCITS)
Investment activity began 08.04.1994
Current strategy since 31.05.2011
Benchmark index

MSCI World TR Net (USD)

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

Downloadable files

Invest

min. 1 000 € or 50 €/month