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Etica SGR

PRI reporting framework 2018

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Basic information

OO 01. Signatory category and services

01.1. Select the services and funds you offer

% of assets under management (AUM) in ranges

Further options for investment managers (may be selected in addition to the above)

01.3. Additional information. [Optional]

Etica Sgr is the asset management company of Banca Etica Group founded in 2000 and since 2003 is developing, promoting and managing exclusively socially responsible investments with the goal of “representing ethical values among the financial markets, making financial players aware of SRI and CSR values.”

Etica Sgr has developed the so called "Sistema Valori Rsponsabili" a set of 5 Sustainable and Responsible Investment Funds (last one launched in September 2015) which are managed by a third-party asset management company, Anima Sgr.

Etica Sgr actively participates and exercises the voting rights, in  shareholder meeting. Moreover, Etica Sgr is involved in engagemen with companies, organising meetings with companies, and sending letters on specific ESG topics, always encouraging best practices on sustainability. 

Etica Sgr offers also the ESG consultancy services to institutional clients (such as Pension Funds, Social Security  Funds, foundations, religious organisations, asset management companies, banks and insurance companies) providing them with securities Black List, securities Eligible Universes and Portfolio Screening activities according to ESG criteria and supporting them in their engagement activities focused on different ESG topics.

Lastly, Etica Sgr offers an impact investing opportunity through a fund which supports micro-entrepreneurial projects in Italy or a crowdfunding platform to finance initiatives that present an high social and environmental impact. Such fund is financed via an optional 0,1% subscription fee that the subscribers of the 5 SRI funds can voluntarily apply.


OO 02. Headquarters and operational countries

02.1. Select the location of your organisation’s headquarters.

Italy

02.2. Indicate the number of countries in which you have offices (including your headquarters).

02.3. Indicate the approximate number of staff in your organisation in full-time equivalents (FTE).

34.06 FTE

02.4. Additional information. [Optional]

As of December 31st. 2017,  in the Etica SGR staff were 4 part-time employees.


OO 03. Subsidiaries that are separate PRI signatories

03.1. Indicate whether you have subsidiaries within your organisation that are also PRI signatories in their own right.

03.3. Additional information. [Optional]


OO 04. Reporting year and AUM

04.1. Indicate the year end date for your reporting year.

29/12/2017

04.2. Indicate your total AUM at the end of your reporting year, Exclude subsidiaries you have chosen not to report on and any advisory/execution only assets.

Total AUM
trillions billions millions thousands hundreds
Currency
Assets in USD
trillions billions millions thousands hundreds

04.5. Additional information. [Optional]


OO 06. How would you like to disclose your asset class mix

New selection options have been added to this indicator. Please review your prefilled responses carefully.

06.1. Select how you would like to disclose your asset class mix.

Internally managed (%)
Externally managed (%)

 

Listed equity 10-50% 34.33 0 0
Fixed income 10-50% 47.91 0 0
Private equity 0 0 0 0
Property 0 0 0 0
Infrastructure 0 0 0 0
Commodities 0 0 0 0
Hedge funds 0 0 0 0
Forestry 0 0 0 0
Farmland 0 0 0 0
Inclusive finance 0 0 0 0
Cash 10-50% 17.76 0 0
Other (1), specify 0 0 0 0
Other (2), specify 0 0 0 0

06.2. Publish asset class mix as per attached image [Optional].

06.3. Provide contextual information on your AUM asset class split. [Optional]

Etica Sgr "Sistema Valori Responsabili" is composed of the 5 following mutual funds: Etica Obbligazionario Breve Termine, Etica Obbligazionario Misto, Etica Rendita Bilanciata, Etica Bilanciato, Etica Azionario. In terms of asset allocation, the composition varies from a portfolio of listed equities (up to 100%) in Etica Azionario, to portfolio made up to 100% bonds in Etica Obbligazionario Breve Termine.

What is is common among them, is that all securities of companies and countries are committed to respecting the environment, human rights, coporate governance criteria set by Etica Sgr model of analysis.

Further details about asset class breakdown is publicly available at fund level, updated on a daily basis.

Please refer to: https://www.eticasgr.it/en/offerta-per-clienti-privati/fondi-etici/

Asset class breakdown is publicly available at fund level, updated on a daily basis, docuemnts are available in Italian, as indicated below. 

For Etica Azionario, please refer to: https://www.eticasgr.it/offerta-per-clienti-privati/fondi-etici/etica-azionario/portafoglio/asset-allocation/

For Etica Bilanciato, please refer to: https://www.eticasgr.it/offerta-per-clienti-privati/fondi-etici/etica-bilanciato/portafoglio/asset-allocation/

For Etica Rendita Bilanciata, please refer to: https://www.eticasgr.it/offerta-per-clienti-privati/fondi-etici/etica-rendita-bilanciata/portafoglio-r/asset-allocation-r/

For Etica Obbligazionario Misto, please refer to: https://www.eticasgr.it/offerta-per-clienti-privati/fondi-etici/etica-obbligazionario-misto/portafoglio/asset-allocation/

For Etica Obbligazionario Breve Termine, please refer to: https://www.eticasgr.it/offerta-per-clienti-privati/fondi-etici/etica-obbligazionario-breve-termine/portafoglio/asset-allocation/

 

 

 

 


OO 07. Fixed income AUM breakdown

07.1. Provide to the nearest 5% the percentage breakdown of your Fixed Income AUM at the end of your reporting year, using the following categories.

Internally managed
88.17 SSA
0 Corporate (financial)
11.82 Corporate (non-financial)
0 Securitised
Total 99.99%

OO 08. Segregated mandates or pooled funds (Not Applicable)


OO 09. Breakdown of AUM by market

09.1. Indicate the breakdown of your organisation’s AUM by market.

 

 

Developed Markets

  Emerging, Frontier and Other Markets
Total100%

09.2. Additional information. [Optional]


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