Kirstein’s CO2-reducing fund has been launched!
We are happy and proud to be the first company in Denmark to launch a fund with global assets, which, besides delivering better returns or those equivalent to benchmark, is also ethically responsible.
Kirstein’s new CO2-reducing fund has been released and was created in cooperation with the Swiss manager Unigestion. The “Low Carbon Global Equity” fund consists of a low risk portfolio with a 75% percent reduction of carbon emissions compared to the standard set by MSCI World. The fund was established based on Kirstein’s two wishes: to create a fund of global low risk assets that at the same time reduces CO2 emissions – this has succeeded without having to compromise risks and returns.
Kirstein has through several years monitored the market for low volatility managers and recognises Unigestion as the absolute best and most experienced manager. The goal of the fund is to deliver market returns as a minimum, but with fewer risks. Kirstein expects that the low risk assets will be a good stabiliser in deteriorating markets, and the fund is therefore a sensible supplement to an investor’s portfolio.
At the same time, we know that, among institutional investors, there is increasing interest in ethical investments, and especially in CO2 reductions. Kirstein published the report “ESG Intelligence 2016” in June, which contains more than 100 European investors’ opinions of and approaches to ethical investments. Based on the conclusions of the report, we expect that the demand for carbon alternatives will continue.
Read the Danish article in Børsen her.
Should you wish to know more about the fund, please contact Andreas Weilby / +45 33 18 99 62.