Its first pure Sustainable and Responsible Investment Funds of Funds available on the European market based on two different investment strategies: Balanced and Bonds.
Luxembourg, July 18, 2017 – FARAD Group, an independent international group specialized in providing B2B insurance and financial services through a multiservice platform, launches SELECTRA Best of SRI Funds: its first Socially Responsible Investment (SRI) Funds of Funds.
As UCITS funds, Best of SRI Bonds and Best of SRI Balanced represent an innovative solution in the field of responsible investing, allowing to invest in the best sustainable strategy available in the market through one single financial product.
SELECTRA Best of SRI Funds is the first European Funds of Funds product line investing 100% of its assets in sustainable shares/units of UCITS and other UCIs taking into consideration strict environmental, social and governance criteria (ESG) within their investment strategies.
These products invest in a portfolio focused on the best UCITS SRI funds marketed in Europe which are identified by “PureSRI”, a proprietary database of pure* SRI funds that has been created with the ultimate goal of mapping the European SRI Funds Industry. Underlying assets are selected on the basis of an algorithm internally developed that maximizes the performance whilst minimizing volatility. Funds performances back testing lasted more than 3 years.
The funds, present on Allfunds platform, are managed by FIA Asset Management, the award-winning management company part of FARAD Group.
“Holding the most striking differences in terms of risk profile and investment portfolio, SELECTRA Best of SRI Balanced (50% invested in equity funds and 50% in bonds funds) and SELECTRA Best of SRI Bonds (100% invested in bonds funds) grant to investors performance, diversification and an innovative chance to approach the world of socially responsible investments as – unlike other SRI funds they grant a double advantage: the daily liquidity of UCITS funds as well as the most profitable investing choices” confirms Mr Ingo Werner Senior Portfolio Manager of FIA Asset Management.
SELECTRA Best of SRI Funds are mainly addressed to institutional clients such as Banks, Family Offices, pension funds, European institutions and Private Banking Services allowing these entities to overcome the existing obstacles that may pose the lack of internal skills to properly select the strategies that better fit their clients’ profile and expectations.
“However, throughout the recently closed subscription period, we sensed a greater interest for this particular products by private investors willing to access SRI investments while maximizing their returns” -announces Marco Caldana, FARAD Group CEO. “Therefore, we have opened two new classes exclusively addressed to a retail audience, with a minimum threshold access fee of 1€.”
Founded in 2001, FARAD Group has always had a unique approach to sustainability based on philanthropy and on a solid adherence to business sustainability criteria. Over time, this approach has led to the creation of exclusive financial products such as the first AIFMD platform fully devoted to Impact Investing (European Impact Investing Platform SICAV-SIF). Labelled as B-Corporation, FARAD Group is among the world 2000 leading companies for its Environmental, Social and Corporate Governance standards.
*We consider pure SRI funds those funds including strict ESG criteria in their investment strategies, not limited to exclusion.