UBS (Lux) Equity Fund - Global Sustainable Fund

SRI Style:

ESG Plus

SDR Labelling:

Not eligible to use label (out of scope)

Product:

SICAV/Overseas

Fund Region:

Global

Fund Asset Type:

Equity

Launch Date:

13/06/1997

Last Amended:

Oct 2024

Dialshifter ():

Fund/Portfolio Size:

£758.16m

(as at: 30/11/2025)

Total Screened Themed SRI Assets:

£168400.00m

(as at: 31/03/2024)

Total Responsible Ownership Assets:

£326400.00m

(as at: 31/03/2024)

Total Assets Under Management:

£1011000.00m

(as at: 31/03/2024)

ISIN:

LU1043178554, LU2562654272, LU2000521885, LU2562654199, LU0401299366, LU0401296933, LU1902337663, LU2562654355, LU1807254583, LU2562653977, LU0401295539, LU2035667513, LU2059871348, LU2212341031, LU1363474898, LU0076532638, LU1240780160, LU2038037458

Sustainable, Responsible
&/or ESG Overview:

No response when requested update from fund manager

 

UBS Asset Management categorizes this sub-fund as a Sustainability Focus Fund. This sub-fund promotes environmental and/or social characteristics and complies with Article 8 of Regulation (EU) 2019/2088 on sustainability-related disclosures in the financial services sector (“SFDR”).

The Global Sustainable Equity strategy seeks to outperform the MSCI World Index by 200 – 300 basis points per annum, gross of fees, over a full market cycle (typically 3 – 5 years).

The Global Sustainable Equity strategy maintains a better sustainability profile than the benchmark (MSCI World Index), measured using the weighted average UBS Blended ESG Score. We look for companies that we believe are attractively valued and that integrate financially material sustainability practices in the business model to build a competitive advantage. We believe that the ability to reduce material costs, ensure environmental integrity, attract talented employees, supervise the supply chain and good governance can help companies succeed strategically and financially over the long-term.

Primary fund last amended:

Oct 2024

Information directly from fund manager.

Fund Filters

Sustainability - General
Sustainability policy

Has policies that consider (environmental and social) sustainability issues. Strategies vary but are likely to consider environmental issues like climate change, carbon emissions, biodiversity loss, resource management, environmental impacts; and social issues like equal opportunities, human rights, labour standards, diversity and adherence to internationally recognised codes. See individual entry information.

Sustainability focus

Has a significant focus on sustainability issues

Encourage more sustainable practices through stewardship

Aim to encourage higher sustainability standards through responsible ownership / stewardship / engagement / voting activity

UN Global Compact linked exclusion policy

Use the UN Global Compact to inform or help direct where they can or cannot invest. Will typically not invest in companies with significant breaches (low standards) - strategies vary. (The UNGC covers a wide range of issues - search 'UNGC'). See https://unglobalcompact.org/

Environmental - General
Environmental policy

Has policies which relate to environmental issues. These will typically set out their stance on issues such as pollution, climate change, resource management, biodiversity loss, carbon emissions, plastics and/or additional environmental impacts. Strategies vary.

Limits exposure to carbon intensive industries

Options that limit or 'reduce' their exposure to carbon intensive industries (ie sectors which are major contributors to climate change). Strategies vary.

Favours cleaner, greener companies

Aims to invest in companies with strong or market leading environmental policies and practices. Strategies vary. See individual entry information for more detail.

Climate Change & Energy
Coal, oil & / or gas majors excluded

Avoid investment in major coal, oil and/or gas (extraction) companies. Strategies vary.

Fracking & tar sands excluded

Avoid companies involved in fracking and tar sands - which are widely regarded as controversial methods of oil and gas extraction. Strategies vary.

Encourage transition to low carbon through stewardship activity

Encourage the transition to lower carbon activities through asset selection and / or responsible ownership activity.

Invests in clean energy / renewables

Invest in renewable energy companies and / or companies where renewable energy is a significant part of their business. Strategies vary.

Nuclear exclusion policy

Has a policy which describes the avoidance or limited investment in the nuclear industry. Strategies vary.

Social / Employment
Social policy

Has policies which set out their approach to social issues (e.g. human rights, labour standards, equal opportunities, child labour and/or adherence to internationally recognised codes such as the UN Global Compact). Strategies with social policies typically avoid companies with low standards and/or work to encourage higher standards. See fund information for detail.

Favours companies with strong social policies

Aims to invest in assets with high social values - this may include strong human rights, labour standards and equal opportunities or safety related practices.

Ethical Values Led Exclusions
Tobacco & related products - avoid where revenue > 5%

Companies are excluded if they make more than 5% of their revenue from the manufacture, sale or distribution of tobacco products including cigarettes, vaping, e-cigarettes, chewing tobacco and cigars.

Armaments manufacturers avoided

Avoids companies that manufacture weapons intended specifically for military use. Strategies vary - may or may not include non-strategic military products.

Civilian firearms production exclusion

Has a written civilian firearms exclusion policy - meaning that they will not invest in companies that make (or perhaps also sell) handguns made for non-military users.

Alcohol production excluded

Avoids companies that produce alcohol. Strategies vary; some may allow a small proportion of revenue to come from this area.

Gambling avoidance policy

Avoids companies with significant involvement in the gambling industry. Some may allow a small proportion of revenues to come from this area.

Pornography avoidance policy

Avoids companies that derive significant income from pornography and related areas. Strategies vary.

Banking & Financials
Invests in banks

Can include banks as part of their holdings / portfolio.

Invests in insurers

May invest in insurance companies.

Governance & Management
Governance policy

Has policies that relate to corporate governance issues such as board structure, executive remuneration, bribery and/or corporate corruption. These funds will typically avoid companies with poor practices. Strategies vary.

Avoids companies with poor governance

Avoids investing in companies with poor governance practices.(e.g. board structure, management practices etc.) Views may however vary on what counts as 'poor' practices - and funds may not immediately divest as they may prefer to work to encourage higher standards.

UN sanctions exclusion

Exclude companies that are subject to United Nations sanctions. See eg https://main.un.org/securitycouncil/en/content/un-sc-consolidated-list

Anti-bribery & corruption policy

Has policies explaining how managers will respond to assets / companies that do not comply with relevant anti-bribery and anti-corruption standards or laws. Strategies vary; options include stewardship/ engagement and divestment - or a combination.

Encourage board diversity e.g. gender

Encourage the companies they invest in to have more diverse board structures (e.g. more women on boards)

Encourage higher ESG standards through stewardship activity

Aim to encourage higher ESG standards through responsible ownership / stewardship / engagement /voting activity

Product / Service Governance
ESG integration strategy

Find fund / asset managers that factor in 'environmental, social and governance' issues as part of their investment decision making process. A focus on 'ESG' typically means a fund is carrying out additional research to help reduce ESG related risks. It does not necessarily mean a focus on sustainability. Strategies vary. See fund literature.

Asset Size
Invests in small, mid & large cap companies / assets

Invests in a combination of small, medium and larger (potentially multinational) companies / assets.

How The Fund/Portfolio Works
Positive selection bias

Focuses on finding and investing in companies with positive / beneficial attributes. This strategy can be applied in addition to exclusion criteria and engagement/stewardship activity.

Negative selection bias

Has principle 'ethical approach' to avoid companies by using negative screening criteria. Strategies vary.

Significant harm exclusion

Aims to avoid companies that do significant harm. This originates from the EU’s sustainable finance ‘DNSH’ (do no significant harm) work, which is not necessarily used by UK investors.

Combines norms based exclusions with other SRI criteria

Investment selection process uses internationally agreed 'norms' (e.g. United Nations Global Compact - UNGC - or the UN Sustainable Development Goals - SDGs) alongside additional SRI criteria such as positive or negative stock selection policies and/or stewardship strategies.

Combines ESG strategy with other SRI criteria

Invests in assets which have an ESG strategy (which is typically focused on avoiding companies that pose environmental, social or governance related risks) together with additional criteria such as positive and/or negative screens, themes and stewardship strategies.

Balances company 'pros and cons' / best in sector

Considers both the 'positive' and 'negative' aspects of company behaviour and makes balanced, considered decisions as part of their investment approach. May apply to a range of different issues and policy areas.

Norms focus

Uses internationally agreed standards, conventions and 'norms' to help direct investment decisions (e.g. the UN Global Compact, UN Sustainable Development Goals).

ESG risk mitigation focus

Focuses on the careful management of environmental, social and governance (ESG) related risks - typically by avoiding or being underweight in companies seen as posing major risks in these areas (i.e. not necessarily by using themes, exclusions etc).

SRI / ESG / Ethical policies explained on website

Publish explanations of their ethical, social and/or environmental policies online (i.e. investment decision making strategies/ buy/sell &/or asset management strategies).

Intended Clients & Product Options
Intended for clients interested in sustainability

Designed to meet the needs of individual investors with an interest in sustainability issues.

Labels & Accreditations
SFDR Article 8 fund / product (EU)

Find options classified under Article 8 of the EU’s SFDR (Sustainable Finance Disclosure Requirements). Article 8 of the SFDR is a set of requirements that apply to financial products that 'promote' environmental or social characteristics together with high governance. These rules do not currently apply to UK products so many managers may leave this field blank.

Sustainable, Responsible &/or ESG Policy:

ESG Integration:

ESG Integration is driven by taking into account material ESG risks as part of the research process. ESG integration enables the Portfolio Manager to identify financially relevant sustainability factors that impact investment decisions and to incorporate ESG considerations when implementing investment decisions, and allows ESG risks to be systematically monitored and compared to risk appetite and constraints. It also assists in portfolio construction through securities selection, investment conviction and portfolio weightings.

  • For corporate issuers, this process utilizes an internal UBS ESG material issues framework which identifies the financially relevant factors per sector that can impact investment decisions. This orientation toward financial materiality ensures that analysts focus on sustainability factors that can impact the financial performance of the company and therefore investment returns. ESG integration can also identify opportunities for engagement to improve the company’s ESG risk profile and thereby mitigate the potential negative impact of ESG issues on the company’s financial performance. The Portfolio Manager employs an internal UBS ESG risk dashboard that combines multiple internal and external ESG data sources in order to identify companies with material ESG risks. An actionable risk signal highlights ESG risks to the Portfolio Manager for incorporation in their investment decision making process.
  • For non-corporate issuers, the Portfolio Manager applies a qualitative or quantitative ESG risk assessment that integrates data on material ESG factors.

The analysis of material sustainability/ESG considerations can include many different aspects, including the following: the carbon footprint, health and well-being, human rights, supply chain management, fair customer treatment and governance.

Fund specific exclusions: 

The sub-fund excludes companies with a sustainability profile that indicates a high or severe ESG risk.

Sustainability Exclusion Policy: 

The Sustainability Exclusion Policy of the Portfolio Manager outlines the exclusions applied to the investment universe of the financial product. The link to the Sustainability Exclusion Policy can be found in the section headed “Sustainability Exclusion Policy” in the main body of the Sales Prospectus.

Process:

This sub-fund is an equity fund that invests at least two-thirds of its assets, according to the principle of risk diversification, in shares or equity-type instruments of leading companies (normally large caps, but also smaller caps).

The sub-fund uses the benchmark MSCI World (net dividend reinvested) in order to monitor performance and the ESG profile of the portfolio, as well as for ESG and investment risk management and portfolio construction purposes. The benchmark is not designed to promote ESG characteristics. The Portfolio Manager may use discretion when constructing the portfolio and is not tied to the benchmark in terms of investment selection or weight. This means that the investment performance of the sub-fund may differ from the benchmark. As the sub-fund invests in multiple currencies due to its global orientation, the investment portfolio or parts of it may be subject to currency fluctuation risks.

Investment Universe

The Global Sustainable Equity strategy seeks to access the full range of sustainable investment opportunities across large, mid and small capitalization stocks. While the strategy is benchmark-aware, sizing of positions is dependent on relative opportunity, which means that the largest positions in the portfolio are the highest conviction ideas regardless of market capitalization. The full market cap universe allows investors to potentially benefit from broad diversification, strong fundamental analysis and valuation, with an unconstrained approach to best ideas portfolio construction.

Investment Process

Our investment process combines our valuation discipline and bottom-up fundamental research with rigorous sustainability analysis. We look for companies that we think are attractively valued and that integrate sustainability factors into their business model to build a competitive advantage. Through this process, we aim to identify our best investment ideas across sectors and geographies from a stock-specific standpoint. This component of the process provides strong traditional valuation support to our stock selection strategy, which we combine with our own forward-looking sustainability assessment, using our proprietary ESG methodology and risk dashboard. The investment process for the Global Sustainable Equity strategy is driven by a combination of fundamental, ESG (Environmental, Social and Governance) and thematic factors.

We integrate these inputs into a "best ideas" portfolio of securities (65-90 stocks) selected because we believe they are attractively valued and typically have a strong sustainability profile. Also, we actively look for companies that can benefit from secular themes, such as energy and water conservation, health care, demographics and other long-term trends. The team draws upon its members' extensive years of experience and the firm's proprietary risk management and portfolio construction tools. 

Dialshifter

This fund is helping to ‘shift the dial from brown to green’ by…

The objective of Global Sustainable Equity is for the majority of value add to come from security selection and the ability to successfully identify sustainable, attractively valued companies. As a result, the portfolio strives to maintain a better sustainability profile than the benchmark, as measured by the weighted average UBS Blended ESG score. The portfolio also aims to have a lower weighted average carbon intensity (WACI) than the MSCI World index. These characteristics are monitored and assessed at the portfolio level to ensure that ESG factors are considered throughout the investment process.

 

 

Our organisation is helping to support the Paris Climate Agreement and the Race to Net Zero by…

UBS AM is committed to helping our clients achieve their decarbonization goals and to supporting the work of governments around the world in their transition to a low-carbon economy in alignment with the objectives of the Paris Agreement.

We are a founding signatory of the Net Zero Asset Managers initiative and have a group-wide ambition to achieve net zero greenhouse gas emissions across scope 1 and 2, and specified scope 3 activities by 2050. In 2023, we made progress toward delivering our 2030 target of aligning 20% of our total AuM with net zero, using science-based portfolio alignment approaches.

SDR Labelling:

Not eligible to use label (out of scope)

Fund Name SRI Style SDR Labelling Product Region Asset Type Launch Date Last Amended

UBS (Lux) Equity Fund - Global Sustainable Fund

ESG Plus Not eligible to use label (out of scope) SICAV/Overseas Global Equity 13/06/1997 Oct 2024

Fund/Portfolio Size: £758.16m

(as at: 30/11/2025)

Total Screened Themed SRI Assets: £168400.00m

(as at: 31/03/2024)

Total Responsible Ownership Assets: £326400.00m

(as at: 31/03/2024)

Total Assets Under Management: £1011000.00m

(as at: 31/03/2024)

ISIN: LU1043178554, LU2562654272, LU2000521885, LU2562654199, LU0401299366, LU0401296933, LU1902337663, LU2562654355, LU1807254583, LU2562653977, LU0401295539, LU2035667513, LU2059871348, LU2212341031, LU1363474898, LU0076532638, LU1240780160, LU2038037458

Sustainable, Responsible &/or ESG Overview

No response when requested update from fund manager

 

UBS Asset Management categorizes this sub-fund as a Sustainability Focus Fund. This sub-fund promotes environmental and/or social characteristics and complies with Article 8 of Regulation (EU) 2019/2088 on sustainability-related disclosures in the financial services sector (“SFDR”).

The Global Sustainable Equity strategy seeks to outperform the MSCI World Index by 200 – 300 basis points per annum, gross of fees, over a full market cycle (typically 3 – 5 years).

The Global Sustainable Equity strategy maintains a better sustainability profile than the benchmark (MSCI World Index), measured using the weighted average UBS Blended ESG Score. We look for companies that we believe are attractively valued and that integrate financially material sustainability practices in the business model to build a competitive advantage. We believe that the ability to reduce material costs, ensure environmental integrity, attract talented employees, supervise the supply chain and good governance can help companies succeed strategically and financially over the long-term.

Primary fund last amended: Oct 2024

Information received directly from Fund Manager

Please select what you would like to read:

Fund Filters

Sustainability - General
Sustainability policy

Has policies that consider (environmental and social) sustainability issues. Strategies vary but are likely to consider environmental issues like climate change, carbon emissions, biodiversity loss, resource management, environmental impacts; and social issues like equal opportunities, human rights, labour standards, diversity and adherence to internationally recognised codes. See individual entry information.

Sustainability focus

Has a significant focus on sustainability issues

Encourage more sustainable practices through stewardship

Aim to encourage higher sustainability standards through responsible ownership / stewardship / engagement / voting activity

UN Global Compact linked exclusion policy

Use the UN Global Compact to inform or help direct where they can or cannot invest. Will typically not invest in companies with significant breaches (low standards) - strategies vary. (The UNGC covers a wide range of issues - search 'UNGC'). See https://unglobalcompact.org/

Environmental - General
Environmental policy

Has policies which relate to environmental issues. These will typically set out their stance on issues such as pollution, climate change, resource management, biodiversity loss, carbon emissions, plastics and/or additional environmental impacts. Strategies vary.

Limits exposure to carbon intensive industries

Options that limit or 'reduce' their exposure to carbon intensive industries (ie sectors which are major contributors to climate change). Strategies vary.

Favours cleaner, greener companies

Aims to invest in companies with strong or market leading environmental policies and practices. Strategies vary. See individual entry information for more detail.

Climate Change & Energy
Coal, oil & / or gas majors excluded

Avoid investment in major coal, oil and/or gas (extraction) companies. Strategies vary.

Fracking & tar sands excluded

Avoid companies involved in fracking and tar sands - which are widely regarded as controversial methods of oil and gas extraction. Strategies vary.

Encourage transition to low carbon through stewardship activity

Encourage the transition to lower carbon activities through asset selection and / or responsible ownership activity.

Invests in clean energy / renewables

Invest in renewable energy companies and / or companies where renewable energy is a significant part of their business. Strategies vary.

Nuclear exclusion policy

Has a policy which describes the avoidance or limited investment in the nuclear industry. Strategies vary.

Social / Employment
Social policy

Has policies which set out their approach to social issues (e.g. human rights, labour standards, equal opportunities, child labour and/or adherence to internationally recognised codes such as the UN Global Compact). Strategies with social policies typically avoid companies with low standards and/or work to encourage higher standards. See fund information for detail.

Favours companies with strong social policies

Aims to invest in assets with high social values - this may include strong human rights, labour standards and equal opportunities or safety related practices.

Ethical Values Led Exclusions
Tobacco & related products - avoid where revenue > 5%

Companies are excluded if they make more than 5% of their revenue from the manufacture, sale or distribution of tobacco products including cigarettes, vaping, e-cigarettes, chewing tobacco and cigars.

Armaments manufacturers avoided

Avoids companies that manufacture weapons intended specifically for military use. Strategies vary - may or may not include non-strategic military products.

Civilian firearms production exclusion

Has a written civilian firearms exclusion policy - meaning that they will not invest in companies that make (or perhaps also sell) handguns made for non-military users.

Alcohol production excluded

Avoids companies that produce alcohol. Strategies vary; some may allow a small proportion of revenue to come from this area.

Gambling avoidance policy

Avoids companies with significant involvement in the gambling industry. Some may allow a small proportion of revenues to come from this area.

Pornography avoidance policy

Avoids companies that derive significant income from pornography and related areas. Strategies vary.

Banking & Financials
Invests in banks

Can include banks as part of their holdings / portfolio.

Invests in insurers

May invest in insurance companies.

Governance & Management
Governance policy

Has policies that relate to corporate governance issues such as board structure, executive remuneration, bribery and/or corporate corruption. These funds will typically avoid companies with poor practices. Strategies vary.

Avoids companies with poor governance

Avoids investing in companies with poor governance practices.(e.g. board structure, management practices etc.) Views may however vary on what counts as 'poor' practices - and funds may not immediately divest as they may prefer to work to encourage higher standards.

UN sanctions exclusion

Exclude companies that are subject to United Nations sanctions. See eg https://main.un.org/securitycouncil/en/content/un-sc-consolidated-list

Anti-bribery & corruption policy

Has policies explaining how managers will respond to assets / companies that do not comply with relevant anti-bribery and anti-corruption standards or laws. Strategies vary; options include stewardship/ engagement and divestment - or a combination.

Encourage board diversity e.g. gender

Encourage the companies they invest in to have more diverse board structures (e.g. more women on boards)

Encourage higher ESG standards through stewardship activity

Aim to encourage higher ESG standards through responsible ownership / stewardship / engagement /voting activity

Product / Service Governance
ESG integration strategy

Find fund / asset managers that factor in 'environmental, social and governance' issues as part of their investment decision making process. A focus on 'ESG' typically means a fund is carrying out additional research to help reduce ESG related risks. It does not necessarily mean a focus on sustainability. Strategies vary. See fund literature.

Asset Size
Invests in small, mid & large cap companies / assets

Invests in a combination of small, medium and larger (potentially multinational) companies / assets.

How The Fund/Portfolio Works
Positive selection bias

Focuses on finding and investing in companies with positive / beneficial attributes. This strategy can be applied in addition to exclusion criteria and engagement/stewardship activity.

Negative selection bias

Has principle 'ethical approach' to avoid companies by using negative screening criteria. Strategies vary.

Significant harm exclusion

Aims to avoid companies that do significant harm. This originates from the EU’s sustainable finance ‘DNSH’ (do no significant harm) work, which is not necessarily used by UK investors.

Combines norms based exclusions with other SRI criteria

Investment selection process uses internationally agreed 'norms' (e.g. United Nations Global Compact - UNGC - or the UN Sustainable Development Goals - SDGs) alongside additional SRI criteria such as positive or negative stock selection policies and/or stewardship strategies.

Combines ESG strategy with other SRI criteria

Invests in assets which have an ESG strategy (which is typically focused on avoiding companies that pose environmental, social or governance related risks) together with additional criteria such as positive and/or negative screens, themes and stewardship strategies.

Balances company 'pros and cons' / best in sector

Considers both the 'positive' and 'negative' aspects of company behaviour and makes balanced, considered decisions as part of their investment approach. May apply to a range of different issues and policy areas.

Norms focus

Uses internationally agreed standards, conventions and 'norms' to help direct investment decisions (e.g. the UN Global Compact, UN Sustainable Development Goals).

ESG risk mitigation focus

Focuses on the careful management of environmental, social and governance (ESG) related risks - typically by avoiding or being underweight in companies seen as posing major risks in these areas (i.e. not necessarily by using themes, exclusions etc).

SRI / ESG / Ethical policies explained on website

Publish explanations of their ethical, social and/or environmental policies online (i.e. investment decision making strategies/ buy/sell &/or asset management strategies).

Intended Clients & Product Options
Intended for clients interested in sustainability

Designed to meet the needs of individual investors with an interest in sustainability issues.

Labels & Accreditations
SFDR Article 8 fund / product (EU)

Find options classified under Article 8 of the EU’s SFDR (Sustainable Finance Disclosure Requirements). Article 8 of the SFDR is a set of requirements that apply to financial products that 'promote' environmental or social characteristics together with high governance. These rules do not currently apply to UK products so many managers may leave this field blank.

Sustainable, Responsible &/or ESG Policy:

ESG Integration:

ESG Integration is driven by taking into account material ESG risks as part of the research process. ESG integration enables the Portfolio Manager to identify financially relevant sustainability factors that impact investment decisions and to incorporate ESG considerations when implementing investment decisions, and allows ESG risks to be systematically monitored and compared to risk appetite and constraints. It also assists in portfolio construction through securities selection, investment conviction and portfolio weightings.

  • For corporate issuers, this process utilizes an internal UBS ESG material issues framework which identifies the financially relevant factors per sector that can impact investment decisions. This orientation toward financial materiality ensures that analysts focus on sustainability factors that can impact the financial performance of the company and therefore investment returns. ESG integration can also identify opportunities for engagement to improve the company’s ESG risk profile and thereby mitigate the potential negative impact of ESG issues on the company’s financial performance. The Portfolio Manager employs an internal UBS ESG risk dashboard that combines multiple internal and external ESG data sources in order to identify companies with material ESG risks. An actionable risk signal highlights ESG risks to the Portfolio Manager for incorporation in their investment decision making process.
  • For non-corporate issuers, the Portfolio Manager applies a qualitative or quantitative ESG risk assessment that integrates data on material ESG factors.

The analysis of material sustainability/ESG considerations can include many different aspects, including the following: the carbon footprint, health and well-being, human rights, supply chain management, fair customer treatment and governance.

Fund specific exclusions: 

The sub-fund excludes companies with a sustainability profile that indicates a high or severe ESG risk.

Sustainability Exclusion Policy: 

The Sustainability Exclusion Policy of the Portfolio Manager outlines the exclusions applied to the investment universe of the financial product. The link to the Sustainability Exclusion Policy can be found in the section headed “Sustainability Exclusion Policy” in the main body of the Sales Prospectus.

Process:

This sub-fund is an equity fund that invests at least two-thirds of its assets, according to the principle of risk diversification, in shares or equity-type instruments of leading companies (normally large caps, but also smaller caps).

The sub-fund uses the benchmark MSCI World (net dividend reinvested) in order to monitor performance and the ESG profile of the portfolio, as well as for ESG and investment risk management and portfolio construction purposes. The benchmark is not designed to promote ESG characteristics. The Portfolio Manager may use discretion when constructing the portfolio and is not tied to the benchmark in terms of investment selection or weight. This means that the investment performance of the sub-fund may differ from the benchmark. As the sub-fund invests in multiple currencies due to its global orientation, the investment portfolio or parts of it may be subject to currency fluctuation risks.

Investment Universe

The Global Sustainable Equity strategy seeks to access the full range of sustainable investment opportunities across large, mid and small capitalization stocks. While the strategy is benchmark-aware, sizing of positions is dependent on relative opportunity, which means that the largest positions in the portfolio are the highest conviction ideas regardless of market capitalization. The full market cap universe allows investors to potentially benefit from broad diversification, strong fundamental analysis and valuation, with an unconstrained approach to best ideas portfolio construction.

Investment Process

Our investment process combines our valuation discipline and bottom-up fundamental research with rigorous sustainability analysis. We look for companies that we think are attractively valued and that integrate sustainability factors into their business model to build a competitive advantage. Through this process, we aim to identify our best investment ideas across sectors and geographies from a stock-specific standpoint. This component of the process provides strong traditional valuation support to our stock selection strategy, which we combine with our own forward-looking sustainability assessment, using our proprietary ESG methodology and risk dashboard. The investment process for the Global Sustainable Equity strategy is driven by a combination of fundamental, ESG (Environmental, Social and Governance) and thematic factors.

We integrate these inputs into a "best ideas" portfolio of securities (65-90 stocks) selected because we believe they are attractively valued and typically have a strong sustainability profile. Also, we actively look for companies that can benefit from secular themes, such as energy and water conservation, health care, demographics and other long-term trends. The team draws upon its members' extensive years of experience and the firm's proprietary risk management and portfolio construction tools. 

Dialshifter (Fund)

This fund is helping to ‘shift the dial from brown to green’ by…

The objective of Global Sustainable Equity is for the majority of value add to come from security selection and the ability to successfully identify sustainable, attractively valued companies. As a result, the portfolio strives to maintain a better sustainability profile than the benchmark, as measured by the weighted average UBS Blended ESG score. The portfolio also aims to have a lower weighted average carbon intensity (WACI) than the MSCI World index. These characteristics are monitored and assessed at the portfolio level to ensure that ESG factors are considered throughout the investment process.

 

 

Our organisation is helping to support the Paris Climate Agreement and the Race to Net Zero by…

UBS AM is committed to helping our clients achieve their decarbonization goals and to supporting the work of governments around the world in their transition to a low-carbon economy in alignment with the objectives of the Paris Agreement.

We are a founding signatory of the Net Zero Asset Managers initiative and have a group-wide ambition to achieve net zero greenhouse gas emissions across scope 1 and 2, and specified scope 3 activities by 2050. In 2023, we made progress toward delivering our 2030 target of aligning 20% of our total AuM with net zero, using science-based portfolio alignment approaches.

SDR Labelling:

Not eligible to use label (out of scope)