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Euregio Plus SGR S.p.A. has established two Ethical Management Lines, "GP Ethical Moderate" and "GP Ethical Dynamic", which among other things promote environmental and/or social characteristics or a combination thereof while also investing in companies that comply with good governance practices in accordance with Article 8 of Regulation (EU) 2019/2088 (SFDR).
Both Ethical Management Lines therefore qualify as a financial product promoting environmental and social characteristics within the meaning of Article 8 of Regulation (EU) 2019/2088 (SFDR).
In identifying investments that promote environmental and/or social characteristics, Euregio Plus SGR is advised by Etica Sgr S.p.A., an asset management company of the Banca Popolare Etica Group, which provides the Investment Universe of companies, states and agencies that the Fund may invest in.
The selection of issuers is made by Etica Sgr based on social, environmental and governance (ESG) indicators, which are periodically updated.
The analysis of issuers is performed based on data and information provided by companies specialised in analysing the sustainability of issuers using a proprietary method developed by Etica Sgr and represented by the internationally registered trademark ESG EticApproach®.
Issuers are selected following a negative screening (aimed at excluding all issuers deemed to have questionable ESG qualifications) and a positive screening (aimed at selecting issuers exceeding a certain sustainability threshold and/or considered best within their sector according to a best-in-class approach). This analysis is then expanded on by adding specific insights that take into account contingencies related to current events and additional information derived from discussions with the issuers themselves carried out by Etica Sgr and/or based on their level of reputational risk with respect to ESG issues.
Agencies are analysed based on information such as type of business, shareholders and possible ESG disputes.
Etica Sgr also evaluates corporate governance practices through voting at shareholder meetings and a continuous dialogue with issuers. The respect of the social and/or environmental characteristics pursued by the Pension Fund's investments is expressed in the monitoring of the issuers, i.e. in the construction of Etica Sgr’s “Investible Universes”. During the periodic update of these Universes, the analysis process - based on exclusion elements, evaluation elements, ESG scoring and the application of absolute and/or industry thresholds - is fully reviewed. The data linked to each issuer are then updated in light of the improvements or regressions recorded by the companies or states analysed, thus determining the entries and exits from the Universe.
For more information on how the product promotes environmental and social characteristics, see the Disclosure pursuant to Article 24 of Regulation (EU) 2022/1288.
GP Etica Moderata
Management is of the balanced-moderate type and aims to increase the value of capital over the medium term; it can invest up to a maximum of 30% in equity instruments from issuers with varying degrees of capitalization, with a wide diversification of investments in various economic and geographical sectors.
GP Etica Dinamica
Management is of the balanced-dynamic type and aims to increase the value of capital over the medium to long term; it can invest up to 100%, with a minimum of 50%, in equity instruments from issuers with varying degrees of capitalization, with a wide diversification of investments in various economic and geographical sectors.
If you are interested in finding out more about this service, please contact Banca Popolare Etica, a reference point for the promotion and distribution of Management Lines as well as for all customer service activities in the pre- and post-sales phases.
For more information, please refer to the appropriate pre-contractual information and the contractual conditions available from Banca Etica counters offering this service. Signing a portfolio management contract also involves risks, including the risk of loss of the capital invested.