Ahead of World Environment Day, we look at which Nordic ESG-focused funds top the performance charts
Ahead of World Environment Day on Wednesday, Expert Investor decided to find out which Nordic ESG-focused funds topped the performance charts.
According to FE Analytics, the ethical fund sector within the FCA Recognised universe returned 24.4% and 20.4% within the Offshore Mutual universe, over the three years to 31 May 2019.
The top five funds over the same period returned between 32.1% and 39.6% but only one fund achieved a ‘high’ sustainability rating from Morningstar.
No funds lost returns during this period and the worst performing fund – Vontobel mtx Sustainable Global Leaders B – returned 4.1% and is available in Finland, Norway and Sweden.
However, over the month to 31 May 2019 every single fund made a loss. The best performing fund during this time was Wellington Global Impact N Unhedged at a loss of 0.95%, and the worst performing fund DWS Invest Croci World ESG lost 9.8%.
Click through the gallery above to find out which are the top five performing ESG funds available in the Nordics.
The funds were found using FE Analytics, were within either the FCA Recognised or Offshore Mutual universes, were available in either Denmark, Finland, Norway or Sweden, and were rebased in euros.