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MetallRente GmbH

PRI reporting framework 2020

Asset class implementation gateway indicators [OO 10 - 12] Peering questions [OO LE 01 - HF 01]

Investment policy [SG 01 - 04] Objectives and strategies [SG 05 - 06] Governance and human resources [SG 07 - 08] Promoting responsible investment [SG 09 - 11] Outsourcing to fiduciary managers and investment consultants [SG 12] ESG issues in asset allocation [SG 13 - 15] Innovation [SG 18] Communication [SG 19]

Indirect – Manager Selection, Appointment and Monitoring

Listed Equity and Fixed Income Strategies [SAM 01] Selection [SAM 02 - 03] Appointment [SAM 04] Monitoring [SAM 05 - 07] Outputs and outcomes [SAM 08 - 09]

Confidence building measures

Confidence building measures [CM1 01 - 07]

Export Public Responses

You are in Organisational Overview » Basic information

Basic information

OO 01. Signatory category and services

01.1. Select the type that best describes your organisation or the services you provide.

Non-corporate pension or superannuation or retirement or provident fund or plan

Corporate pension or superannuation or retirement or provident fund or plan

Insurance company

Foundation

Endowment

Development finance institution

Reserve - sovereign or government controlled fund

Family office

Other, specify

01.3. Additional information. [Optional]

MetallRente is a multi-employer pension scheme founded by the two major social partners in the metal and electrical industry, the union IG Metall and the employer’s organization Gesamtmetall in 2001. The pension scheme offers occupational and private pension plans as well as vocational disability pensions and surviving dependant’s pensions. MetallRente is Germany’s biggest interbranch industrial pension scheme that, besides the metal and electrical industries, has been joined by the wood, synthetics and textile industries.

MetallRente manages one main financial vehicle, for which ESG issues are addressed: the MetallRente.Fondsportfolio (MR.FP), in which two of the different MetallRente pension plans invest assets to varying degrees – the MetallRente.Pensionsfonds (MR.PF), a pension fund, and the insurance pension plan MetallRente CHANCE.

MetallRente also offers private insurance products, especially a disability insurance, an insurance for cases of annuity for reduced earning capacity that complements state benefits, an insurance to cover for damages of basic skills like seeing, hearing etc. and a private nursing care insurance.

OO 02. Headquarters and operational countries

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

Germany

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

2-5

6-10

>10

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

11 FTE

02.4. Additional information. [Optional]

The MetallRente GmbH headquarters are set up to be a most efficient, lean organization. The management of our clients and assets as well as product sales are executed by four leading insurance companies that each have an efficient team in place to handle sales and customer requests as well as all matters addressed by us and our shareholders IG Metall and Gesamtmetall.

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.

Yes

03.3. Additional information. [Optional]

OO 04. Reporting year and AUM

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

31/12/2019

04.2. Indicate your total AUM at the end of your reporting year.

Include the AUM of subsidiaries, but exclude advisory/execution only assets, and exclude the assets of your PRI signatory subsidiaries that you have chosen not to report on in OO 03.2

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

Not applicable as we are in the fund-raising process

04.5. Additional information. [Optional]

Total AUM values refer to the end of the reporting year: 31st Dec 2019

MetallRente manages one main financial vehicle, the MetallRente.Fondsportfolio (MR.FP), in which two of our pension plans invest to different degrees: the MetallRente CHANCE insurance pension scheme as well as the MetallRente.Pensionsfonds (MR.PF), our pension fund.

Total AUM in the MetallRente.Pensionsfonds (MR.PF): approx. 218.000.000 €, of which approx. 147.000.000 € are invested in the MetallRente Fondsportfolio (MR.FP)

Total AUM in our MetallRente CHANCE insurance pension scheme: 522.534.625,95 €, of which 180.354.836,00 € are invested in the MetallRente Fondsportfolio (MR.FP)

Adding up, total AUM within the MetallRente.Fondsportfolio (MR.FP): 327.354.836,00 €

MetallRente ESG policies only apply to the MetallRente.Fondsportfolio and hence to 327.354.836,00 € of all assets managed for MetallRente.

In total, 4.316.634.565 € are managed for MetallRente by external asset managers across all our unit-linked pension products.

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

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

as percentage breakdown

as broad ranges

	Internally managed (%)	Externally managed (%)
Listed equity	0 0	>50% 80
Fixed income	0 0	10-50% 20
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
Fund of hedge funds	0 0	0 0
Forestry	0 0	0 0
Farmland	0 0	0 0
Inclusive finance	0 0	0 0
Cash	0 0	0 0
Money market instruments	0 0	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. Indicate whether your organisation has any off-balance sheet assets [Optional].

Yes

06.5. Indicate whether your organisation uses fiduciary managers.

Yes, we use a fiduciary manager and our response to OO 5.1 is reflective of their management of our assets.

No, we do not use fiduciary managers.

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

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.

Externally managed

50 SSA

0 Corporate (financial)

50 Corporate (non-financial)

0 Securitised

Total 100%

OO 08. Segregated mandates or pooled funds

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

Provide a breakdown of your organisation’s externally managed assets between segregated mandates and pooled funds or investments.

Asset class breakdown	Segregated mandate(s)	Pooled fund(s) or pooled investment(s)	Total of the asset class (each row adds up to 100%)
[a] Listed equity	0% <10% 10-50% >50 %	0% <10% 10-50% >50 %	100%
[b] Fixed income - SSA	0% <10% 10-50% >50 %	0% <10% 10-50% >50 %	100%
[d] Fixed income – Corporate (non-financial)	0% <10% 10-50% >50 %	0% <10% 10-50% >50 %	100%

08.2. Additional information. [Optional]

Asset class breakdown refers to the MetallRente.Fondsportfolio (MR.FP) only.

Segregated mandate does not apply for MetallRente ESG-relevant assets or funds.

80% Listed equity

10% SSA

10% Corporate (non-financial)

OO 09. Breakdown of AUM by market

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

67 Developed Markets

33 Emerging Markets

0 Frontier Markets

0 Other Markets

Total 100% 100%

09.2. Additional information. [Optional]

We do not differentiate in frontier or other markets. Values refer to listed equity and bonds for both, developed and emerging markets.

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