Andbank Spain has expanded its ESG range with the launch of a multi-asset fund aimed at contributing with the fight against cancer.
Sigma Global Sustainable Impact, a Luxembourg-domiciled fund under the SIGMA structure, will donate 9% of its management fee and 100% of its performance fee to Cris, a private foundation promoting and financing research projects for the treatment and cure of cancer.
The Fund's asset allocation will be flexible, with up to 75% of its portfolio invested in equity and up to 25% in fixed income.
Its investment philosophy, attending to ESG criteria, is divided in two different strategies that complement each other. The best in class strategy that selects those companies with better ESG valuations or those that are in the process of achieving it.
While the best in class strategy invests in those companies leading ESG criteria through shares, bonds and other investment funds, the impact one seeks to invest in companies contributing directly in sustainable projects, therefore causing a positive environmental or social impact.
Since the Fund invests in leading sustainable companies, both directly and through funds, ETFs or debt, its portfolio will just include companies meeting ESG criteria, ensuring these are maintained and improved with the time.