Consideration of environmental and/or social characteristics in the context of ODDO BHF Trust GmbH's Asset Management (product-related disclosure pursuant to Article 10 of Regulation (EU) 2019/2088 of the European Parliament and of the Council of 27 November 2019 on sustainability-related disclosure requirements in the financial services sector, hereinafter: SFDR): Below you will find information on the Asset Management products managed by ODDO BHF Trust GmbH (Asset Management products within the meaning of Article 2 number 6 SFDR), where ODDO BHF Trust GmbH takes environmental and/or social characteristics into account when selecting financial instruments. This product-related information is required under Article 10 SFDR.
ODDO BHF Trust GmbH currently offers the following financial products within the meaning of the SFDR:
In course of all the Asset Management solutions described above, environmental and social characteristics are taken into account in the selection of financial instruments (financial products within the meaning of Article 8 SFDR). However, it has no sustainable investment objective (no financial product within the meaning of Article 9 SFDR).
No index is used as a reference benchmark to determine whether all of the environmental and social characteristics promoted with the Asset Management are achieved. However, an index is used as a reference benchmark to determine whether the (sub-)goal at portfolio level is achieved that the portfolio has a lower CO2 emission than the overall market (reference benchmark: MSCI All Country World Index).
In the course of Asset Management, ODDO BHF Trust GmbH takes environmental and social characteristics into account when selecting financial instruments. For portfolios managed by ODDO BHF Trust GmbH as part of its Asset Management, an
approach specially developed by ODDO BHF Trust GmbH is used to take account of environmental, social and governance concerns (hereinafter: ESG approach), which is essentially based on the application of certain exclusion criteria at the
level of individual financial instruments and on ensuring that certain objectives are achieved at the level of the overall portfolio. The ESG approach of ODDO BHF Trust GmbH is described in more detail in the following pre-contractual
information (for the Basic Solutions of classic Asset Management on the one hand and the Individual Asset Management Solutions on the other).
For the purpose of assessing whether financial instruments to be acquired in course of Asset Management comply with the applicable sustainability criteria, ODDO BHF Trust GmbH has established a standardised investment process in which the responsible portfolio managers pay careful attention to compliance with the relevant criteria, using various data sources and tools for this purpose.
Essentially, ODDO BHF Trust GmbH uses ratings and other data from a recognised external data provider specialising in sustainability analyses (currently MSCI ESG Research) to assess whether financial instruments to be acquired in course of Asset Management meet the applicable sustainability criteria. The minimum standards applied by ODDO BHF Trust GmbH in this respect are described in more detail in the following pre-contractual information (for the Basic Solutions of classic Asset Management on the one hand and the Individual Asset Management Solutions on the other).
ODDO BHF Trust GmbH cannot guarantee the accuracy of the assessment of the sustainability criteria by MSCI ESG Research or the accuracy and completeness of the data provided by MSCI ESG Research. ODDO BHF Trust GmbH also has no influence on any disruptions in the analysis and preparation of the research and other data by MSCI ESG Research.