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Ossiam Europe ESG Machine Learning ETF UCITS 1C (EUR)
Ossiam Lux (SICAV domiciled in Luxembourg)
Key Information
Legal Documents
Performance
Analysis

Fund Profile

Category: SICAV

Investment objective: The investment objective of OSSIAM EUROPE ESG MACHINE LEARNING (the “Fund”) is to deliver the net total return of a selection of equities which are listed in Europe. The Fund is a actively managed and will only use its benchmark, the Solactive Europe 600 Index NTR (the “Benchmark”) for performance and carbon emission comparison purposes. The Fund’s portfolio composition is therefore not constrained by the Benchmark and may deviate significantly from the Benchmark’s constituents. Investment policy: In order to achieve its investment objective, the Fund can use total return swaps with the objective of delivering synthetically the performance of a portfolio of equities which are selected and weighted as detailed under the Investment Strategy. This method implies a counterparty risk as described in the below Risk and Reward Profile. The net asset value per share of the Fund will therefore increase (or decrease) according to the evolution of the portfolio of equities. The counterparty to the swaps will be a first-class financial institution that specialises in this type of transaction. The Fund may also enter into multiple swap agreements with multiple swap counterparties with the same characteristics as previously described. Alternatively, the Fund can invest directly in all or part of the equity securities which are selected by applying the Investment Strategy. In any case, the Fund will be invested in for a minimum of 75% in equities or rights issued by companies having their registered office in the European Economic Area, excluding Liechtenstein. In addition, and on an ancillary basis, the Fund may use other derivatives for hedging and investment purposes as described under “Use of Derivatives, Special Investment and Hedging Techniques” in the Prospectus. The Reference Currency of the Fund is the Euro. Investment strategy: The Management Company uses a quantitative model which implements a rule based approach that aims to assess large and mid-cap equities from developed markets based on financial data and ESG (Environment, Social, Governance) ratings. The model first applies an Ethical Filter (as defined in the Prospectus) to exclude securities that inter alia are in breach of the 10 principles of the UN Global Compact or have significant operations in coal industries. Securities which pass the Ethical Filter are then further screened by the Management Company’s model using both ESG and financial data. The Management Company then uses an optimisation procedure to determine the weights of the equities selected by the quantitative model, so that the portfolio complies with a number of constraints including a reduction by 40% of the total greenhouse gas emissions and the potential greenhouse emissions from reserves of the portfolio compared to the Benchmark and an ESG rating of the portfolio at least 10% higher than that of the Benchmark.

Morningstar Rating
More information about the calculation of the Morningstar Ratings
Risk and reward profile
5
Lower Risk
Possible Lower
Returns
Higher Risk
Possible Higher
Returns
Key Information
Closing Price 23/09/2021229.60
Morningstar categoryEurope Large-Cap Blend Equity
CurrencyEUR
Distribution statusAccumulating
ISINLU0599612842
Inception Date21/06/2011
Minimum initial amount-
Exchange NameXETRA
TickerOSX4
Fees And Charges
Custody feeNone
Ongoing charge0.65% of which none is paid to MeDirect
Fund management company
AddressOSSIAM 6 place de la Madeleine Paris 75008 France
Manager NameNot Disclosed
Manager Start Date21/06/2011
Websitewww.ossiam.com
Total Net Assets (mil)229.72 EUR (31/08/2021)
UCITSYes
Administrator-

Documents

Prospectus
aaen 08/03/2021
Annual Report
aaen 31/12/2019
Semi Annual Report
aaen 30/06/2019
Morningstar Report
aa24/09/2021

Performance

Historical returns are no guarantee for future performances. Investing in Financial markets and securities involves risk. Past performance is not a guarantee of future results. Investment losses may occur and investors could lose some or all of their investment in the Fund.
Entry fees, purchase charges, custody fees, exit fees, sale charges and taxes are not included in the calculation of past performance. Ongoing charges (including management fees, administrative fees and other costs) have been taken in to account, as they are already included in the price/NAV of the fund.
Annualised performance in EUR
PeriodAnnualised returnDate
1 year19.01%23/09/2021
3 years9.24%23/09/2021
5 years7.58%23/09/2021
10 years10.36%23/09/2021
Since launch8.77%23/09/2021
Cumulative performance in EUR
Performance
YTD 01/01/202116.36
1 month-2.71
3 months4.89
6 months13.21
Quarterly Returns
Q 1Q 2Q 3Q 4
20213.61%8.09%--
2020-17.22%14.40%4.39%1.94%
201911.28%0.18%3.43%3.75%
2018-3.48%4.98%2.30%-8.60%
20175.90%2.84%0.67%2.11%
Dividend

Analysis

Asset Allocation
% Long% Short% Net Assets
Stock99.93%0.00%99.93%
Bond0.00%0.00%0.00%
Cash0.06%0.00%0.06%
Other0.01%0.00%0.01%
Return/Risk Analysis
Risk Measurement1 Year3 Years5 Years
Standard Deviation
9.3612.6811.02
Sharpe Ratio
2.170.810.80
Sortino Ratio
5.051.131.15
Positive Months9.0028.0043.00
Negative Months3.008.0017.00
Worst Month-3.57-12.28-12.28
World Regions
Region%
Eurozone61.62
Europe - ex Euro32.66
United Kingdom5.66
Stock Sector Weighting
Sector% of Equity
Consumer Defensive
21.72
Healthcare19.39
Communication Services18.25
Basic Materials11.78
Utilities9.22
Industrials7.68
Technology6.93
Consumer Cyclical
2.56
Real Estate1.98
Energy0.42
Classification of Morningstar Category
Ranking1 Year2 Years3 Years5 Years
Top 25%
Category above the average
Category below the average
Bottom 25%
Morningstar Style Box
Equity Style
Large
Size
Mid
Small
Value
Blend
Growth
Style
229.60
Closing Price
All key information and documents must be reviewed before being able to Invest.

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MeDirect Bank (Malta) plc, company registration number C34125, is licensed to undertake the business of banking in terms of the Banking Act (Cap. 371) and investment services under the Investment Services Act (Cap. 370). MeDirect Bank (Malta) plc is regulated by the Malta Financial Services Authority as a Credit Institution under the Banking Act 1994.