Responsible Investment Universe

Responsible Investment Universe
Responsible Investment Universe
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The definition of the investment universe is the most important step in the construction of a fund.

Admitted September – November 2018

Johnson Controls International plc (sector: Building Products), EAM ESG rating of 11/2018 B-, is a globally operating conglomerate with its core areas in building efficiency, batteries, and distributed energy storage.

  • 😊 Expiry of the criterion of exclusion “controversial business practices – corruption”
  • 😊 Significant share of sales in production and services in the field of clean technologies, e.g. building efficiency, storage technology
  • 😊 Strong focus on avoidance and reduction of waste, recycling
  • 😢 Rising greenhouse emissions in recent years, no clear reduction goals

Epiroc AB (sector: Construction Machinery & Heavy Trucks), EAM ESG rating 11/2018 of C+. The company was created in June 2018 by a spin-off of the construction and mining business of Atlas Copco AB. The range of products includes, among others, drilling solutions, loaders and trucks, excavator attachments, rock reinforcement, as well as spare parts and services.

  • 😊 40% women on the board of directors
  • 😊 Comprehensive code of conduct in business ethics
  • 😊 Comprehensive guidelines and measures in the field of product safety
  • 😢 Hardly any information with regard to goals for the reduction of emissions and waste


Danske Bank A/S (sector: Diversified Banks), EAM ESG rating 11/2018 of C, is the largest Danish bank with a headcount of more than 20,000 in more than 240 branch offices across 16 countries. In addition to bank services for retail, corporate, and institutional clients, Dansk Bank A/S also offers products and services in the fields of insurance, mortgages, property, asset management, and leasing.

  • 😢 Exclusion due to ongoing investigation into suspicious money laundering transactions of EUR 200bn at its Estonian office in the years 2007 to 2015; investigation in France 2017, and fine paid as a result of infringement with insufficient control mechanisms to monitor suspicious transactions in Denmark in 2018
  • 😢 P. Møller – Mærsk A/S most important shareholder (> 20%)
  • 😊 Adequate range of sustainable investment products and services
  • 😊 Measures taken to responsibly deal with clients who find it difficult to meet their debt payments



Danske Bank A/S

Website, ISS-oekom, MSCI ESG, Medien: Spiegel Online, Handelsblatt, DerStandard

Johnson Controls International plc

Website (engl.), Website (dt.), ISS-oekom, MSCI ESG

Gebäudeautomation und -effizienz – Building Efficiency, dezentrale Energieversorgung – Distributed Energy Storage

Epiroc AB

Website (engl.), Website (dt.), ISS-oekom, MSCI ESG

Bohrgeräte – drilling solutions, Lader und Trucks – loaders and trucks, Baggeranbaugeräte – excavator attachments, Bewetterungssysteme – rock reinforcement


Legal note:
Prognoses are no reliable indicator for future performance.



Legal disclaimer

This document is an advertisement. All data is sourced from Erste Asset Management GmbH, unless indicated otherwise. Our languages of communication are German and English.

The prospectus for UCITS (including any amendments) is published in Amtsblatt zur Wiener Zeitung in accordance with the provisions of the InvFG 2011 in the currently amended version. Information for Investors pursuant to § 21 AIFMG is prepared for the alternative investment funds (AIF) administered by Erste Asset Management GmbH, pursuant to the provisions of the AIFMG in connection with the InvFG 2011.

The fund prospectus, Information for Investors pursuant to § 21 AIFMG, and the key investor document/KID can be viewed in their latest versions at the web site within the section mandatory publications or obtained in their latest versions free of charge from the domicile of the management company and the domicile of the custodian bank. The exact date of the most recent publication of the fund prospectus, the languages in which the key investor document is available, and any additional locations where the documents can be obtained can be viewed on the web site A summary of investor rights is available in German and English on the website as well as at the domicile of the management company.

The management company can decide to revoke the arrangements it has made for the distribution of unit certificates abroad, taking into account the regulatory requirements.

This document serves as additional information for our investors and is based on the knowledge of the staff responsible for preparing it at the time of preparation. Our analyses and conclusions are general in nature and do not take into account the individual needs of our investors in terms of earnings, taxation, and risk appetite. Past performance is not a reliable indicator of the future performance of a fund. Please note that investments in securities entail risks in addition to the opportunities presented here. The value of shares and their earnings can rise and fall. Changes in exchange rates can also have a positive or negative effect on the value of an investment. For this reason, you may receive less than your originally invested amount when you redeem your shares. Persons who are interested in purchasing shares in investment funds are advised to read the current fund prospectus(es) and the Information for Investors pursuant to § 21 AIFMG, especially the risk notices they contain, before making an investment decision. If the fund currency is a currency other than the investor's home currency, changes in the corresponding exchange rate may have a positive or negative impact on the value of his investment and the amount of the costs incurred in the fund - converted into his home currency.

Please consult the corresponding information in the fund prospectus and the Information for Investors pursuant to § 21 AIFMG for restrictions on the sale of fund shares to American citizens. Misprints and errors excepted.