Evli Global X

An active equity fund that excludes companies operating in certain sectors

NAV
25.02.2021
Return %
Year-To-Date
Return %
1 y
Return % p.a.
3 y
Return % p.a.
5 y
Return % p.a.
Since start
118.318 6.45 16.39 - - 9.54
NAV
25.02.2021
Return %
Year-To-Date
Return %
1 y
Return % p.a.
3 y
Return % p.a.
5 y
Return % p.a.
Since start
128.396 6.45 16.39 - - 9.54
NAV
25.02.2021
Return %
Year-To-Date
Return %
1 y
Return % p.a.
3 y
Return % p.a.
5 y
Return % p.a.
Since start
130.525 6.55 17.09 - - 10.20

Risk

6/7

Morningstar

0/5

Recommended Investment Horizon

7 years or more

Administrative fees

1.60 % p.a.

Suitable for investors

  • who want to invest in an actively managed and globally diversified international equity portfolio
  • who want to benefit from the return opportunities of global equity markets in the long term but accept the price volatility typically associated with equity investment that may be significant in the short term
  • whose investment principles include negative screening and exclusion of companies
  • 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 X Fund is an equity fund that invests globally in equities. The fund’s investment strategy is active. The fund invests primarily in developed economy equities in Europe, North America, Japan and Australia. The fund focuses on underpriced companies that generate cash flow and have strong debt coverage.

Responsibility

ESG factors are integrated into the fund's investment decisions, and the fund follows Evli's wider exclusion practices. In addition to Evli’s general exclusion practices, the fund excludes companies with significant business in the following sectors: alcohol, weapons, tobacco, gambling, fossil fuel mining, extraction, drilling and refining, nuclear power, adult entertainment or GMOs. In addition, the fund may exclude individual companies based on international business standards. The fund's investments are monitored for violations of UN Global Compact norms and the Climate Change Principles, and the fund engages with the companies it invests in or excludes them if violations are detected. The fund's ESG indicators are reported in a fund-specific ESG report, which is updated four times a year.

Read more about Evli's responsible investing

 

The portfolio is managed by

Wilhelm Bruun

Wilhelm Bruun

Marjaana Haataja

Marjaana Haataja

Investment Objective and Risks

The aim is to earn a return which is similar to Evli Global Fund, taking company exclusion into consideration.

Look at Evli Global

Monthly review

31.01.2021

The Fund’s return was 0.5% in January, while the return of the benchmark index was -0.3%. The Fund’s return since 31.5.2018 (when the Fund was launched) was 7.4% p.a., while the benchmark return was 9.7% p.a.

By sector, stock selection improved the return differential in the aggregate, especially in consumer discretionary and industrials. The net effect of sector weights on the relative return was slightly negative mainly due to an overweight in industrials. By country, stock selection –e.g. in the US and France– was the most important reason for the positive return differential. By stock, the top attributors were Thor Industries, Polaris, and Winnebago Industries. The most negative attribution effects came from our investment in Euronet Worldwide, from Microsoft not being in the portfolio, and from our investment in CTS.

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. The Fund does not invest in companies that have substantial business in the following areas: alcohol, weapons and firearms, tobacco, gambling, fossil fuels, nuclear power, adult entertainment and GMOs.

Fund facts

Type of fund International equity fund (UCITS)
Investment activity began 31.05.2018
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