Public HTML RI reports - PRI reporting framework 2020

Fondo Pensione per il Personale delle Aziende del Gruppo Unicredit

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] Asset class implementation not reported in other modules [SG 16 - 17] 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]

Direct - Listed Equity Active Ownership

Overview [LEA 01] Engagement [LEA 02 - 08] Outputs and outcomes [LEA 09 - 11]

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]

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).

2-5

6-10

>10

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

0 FTE

02.4. Additional information. [Optional]

Unicredit Pension Fund does not employ dedicated employees. The staff is loaned by the Unicredit Group. Unicredit Group has its registered office and general management in Milan where the Pension Fund is also based.

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]

The pension fund organization includes a coompany - EFFEPILUX SICAV - as Investment Company with Variable Capital (SICAV) incorporated under Luxembourg Law and listed on the official list of Undertakings for Collective Investment, authorised under Part I of the Luxembourg Law of 17 December 2010 ("2010 Law") on Undertakings for Collective Investment.

The Sicav of the pension fund is an "umbrella fund" divided into multiple Sub-Funds each representing a separate portfolio of assets.The Sicav delegates some Mangement Companies to manage the investments of the Sub-Funds, according to the investment policy.

With reference to ESG investments, the SICAV believes that responsible investing is an important part of good corporate citizenship as well as being important for long-term value creation. As a consequence the Sub-Funds are subject to a responsible investment policy that contains general responsible investment and environmental, social and governance (ESG) principles which are integrated in the security selection process.

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

	Internally managed (%)	Externally managed (%)
Listed equity	0 0	10-50% 14
Fixed income	0 0	>50% 53
Private equity	0 0	<10% 4
Property	0 0	10-50% 16
Infrastructure	0 0	<10% 1
Commodities	0 0	0 0
Hedge funds	0 0	<10% 5
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	<10% 1
Money market instruments	0 0	0 0
Other (1), specify	0 0	<10% 3
Other (2), specify	0 0	<10% 3

`Other (1)` specified

`Other (2)` specified

as broad ranges

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]

The Sicav of the pension fund is an "umbrella fund" meaning that it is divided into multiple Sub-Funds each representing a separate portfolio of assets. At the date of the PRI Reporting, the SICAV comprises the following Sub-Funds:

Effepilux Sicav – Investimenti a breve termine: Amundi
Effepilux Sicav – Titoli di Stato ed inflazione: Amundi, Credit Suisse, Fondaco SGR
Effepilux Sicav – Corporate IG Mondo: BlackRock Investment Management (UK) Limited
Effepilux Sicav – Corporate High Yield ed Obbligazionario Paesi emergenti: Fondaco Lux S.A., Vontobel Asset Management A.G.
Effepilux Sicav – Azionario: State Street Global Advisors
Effepilux Sicav – Liquid Alternatives, Fondaco Lux S.A.

The securities and third party funds selection is based on economic / financial analyzes as well as ESG considerations; both indicating risks and opportunities in the long run.

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

20 Corporate (financial)

30 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%
[c] Fixed income – Corporate (financial)	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%
[f] Private equity	0% <10% 10-50% >50 %	0% <10% 10-50% >50 %	100%
[g] Property	0% <10% 10-50% >50 %	0% <10% 10-50% >50 %	100%
[h] Infrastructure	0% <10% 10-50% >50 %	0% <10% 10-50% >50 %	100%
[j] Hedge funds	0% <10% 10-50% >50 %	0% <10% 10-50% >50 %	100%
[n] Cash	0% <10% 10-50% >50 %	0% <10% 10-50% >50 %	100%
[p] Other (1), specify	0% <10% 10-50% >50 %	0% <10% 10-50% >50 %	100%
[q] Other (2), specify	0% <10% 10-50% >50 %	0% <10% 10-50% >50 %	100%

08.2. Additional information. [Optional]

OO 09. Breakdown of AUM by market

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

95 Developed Markets

5 Emerging Markets

0 Frontier Markets

0 Other Markets

Total 100% 100%

09.2. Additional information. [Optional]

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