DOCSLIB.ORG

Carmignac Gestion Luxembourg 2020 Voting and Engagement Report 31/12/2020

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
Carmignac Gestion Luxembourg 2020 Voting and Engagement Report 31/12/2020 Carmignac Gestion Luxembourg 2020 Voting and Engagement Report 31/12/2020 This report should be read in conjunction with the “Shareholders Engagement policy” which applies to Carmignac Gestion Luxembourg. The policy sets out the general principles normally applicable for voting purposes. It also describes the company’s internal organization, in particular with regards to conflicts of interest. The Shareholder Engagement policy is available in the responsible investment webpage in the policy and reports section at www.carmignac.com. a) Organisation of Carmignac for exercising voting rights From 2015, Carmignac has appointed an external service provider to support internal teams, in the voting process coordination. This appointed service provider is one of the world leaders on the market, ISS Governance. ISS Governance provides support to Carmignac in the operational management of the voting process (monitoring of meetings, automatic processing of voting cards) and above all, ISS Governance brings its expertise in reviewing the proposals submitted to voting by shareholders. The management team remains the body responsible for deciding how votes are to be casted. Decisions are taken either at management committee meetings, or individually, having regard to the principles set out in this “Shareholders Engagement Policy” document. b) The Carmignac voting policy The “Carmignac voting policy” referred to in this report aims to favour the exclusive interests of UCI unit holders or shareholders. As such, and with regard to voting in companies falling within the scope of the application of this policy, the votes cast by Carmignac will support the Carmignac voting policy and /or will favour: • the establishment of a basis for effective corporate governance. • shareholders’ rights and the main functions of holders of capital. • fair treatment of shareholders. • the role of different stakeholders in corporate governance. • transparency and distribution of information. • the responsibility of the Board of Directors. • the development of fair remuneration principles in compliance with companies’ economic perspectives ("Say on Pay"); • the adherence to relevant norms, standards, and codes of conduct implemented by international organizations on “ESG”. Carmignac commits to adopt and apply the Principles for Responsible Investment (« PRI ») defined the United Nations. As a consequence, Carmignac ensures that these principles are also taken into account in the voting process. ISS Governance’s voting policy on Sustainability selected by Carmignac and is contained within the Carmignac Voting policy pays special attention to propositions on environmental, social and governance (“ESG”) issues. The relevant voting recommendations aims to ensure standardized reporting by the issuers, to develop adherence of companies to norms, standards, and codes of conduct implemented by international organizations and to promote the disclosure and transparency of companies. Furthermore, the voting recommendations defined by ISS and submitted to Carmignac have the following objectives: • Greater disclosure of corporate environmental policies including climate change and greenhouse gas or toxic emissions. • Greater transparency of social policies concerning workplace discrimination, corporate board diversification, human rights, and adherence to norms, standards, and codes of conduct; and • Detailed reporting on sustainable business practices including recycling, subcontracting and sustainable exploration of raw materials (wood and water), preservation of protected areas, renewable energy, and incorporation of sustainability-related performance metrics into the performance and compensation of senior management. Please note that the analyses provided by ISS Governance are part of the « norm-based screening » tool developed by ISS-Ethix, which allows the assessment of adherence by companies to international norms on: • environmental protection, • human rights, • labour standards, • anti-corruption c) Carmignac’s active voting target Active ownership is the use of the rights as a shareholder, or influence as a debt holder, of the positions held in our portfolios to affect the activities or behaviour of investee companies or issuers. As an active and responsible investor that manages high conviction portfolios, active ownership is an integral part of Carmignac’s overall strategy and forms the foundation of our approach to investing responsibly. We strongly believe in a stakeholder management approach and as an active owner, we engage with companies’ management, boards, industry experts and other stakeholders. We perform extensive research for every engagement we chose to undertake, focusing on the most material ESG factors which are drivers of company’s long-term performance. Carmignac seeks to exercise its voting rights by targeting a 100% voting participation rate. Please refer to the conflicts of interest policy contained within the Shareholder Engagement policy available in the responsible investment webpage in the policy and reports section at www.carmignac.com. Quantitative & Key Information on the 2020 Proxy Voting Process In 2020, Carmignac Gestion Luxembourg voted in 237 meetings (please refer to the name of companies listed below) of a total of 244 meetings. Carmignac Gestion Luxembourg exercised its voting rights in accordance with principles set out in its current proxy voting policy. Moreover, it is important to specify that, in accordance with its proxy voting policy, Carmignac Gestion Luxembourg did not identify any potential conflicts of interest. Carmignac Gestion Luxembourg, Overview of 2020 voting activity 237 | 97.1% Meetings 244 835 | 94.7% Ballots 857 3 112 | 96.3% Proposals 3 231 - 500 1 000 1 500 2 000 2 500 3 000 3 500 Voted | % of Total Total Votable Votes With/Against Carmignac Policy Votes With/Against Management 13 | 0.4% 303 | 9.7% 3099 | 96.4% 2809 | 90.3% Votes With Policy Votes Against Policy Votes With Mgmt Votes Against Mgmt List of Meetings in which Carmignac Gestion Luxembourg participated in 2020 The tables below refer to the list of 237 meetings to which Carmignac Gestion Luxembourg participated in 2020, in addition to a detail of voted instruction. Total number of Instruction ISS Meeting Number of Company Name Country voted different Meeting ID Date portfolios recommendation from Policy 1329873 CRH Plc 23-Apr-20 Ireland 1 21 1369591 ASML Holding NV 22-Apr-20 Netherlands 5 19 1376982 Experian Plc 22-Jul-20 Jersey 3 18 1379022 SSE Plc 12-Aug-20 United Kingdom 1 20 1380420 CGI Inc. 29-Jan-20 Canada 1 18 1381708 Sodexo SA 21-Jan-20 France 1 24 1382055 Adyen NV 14-Jan-20 Netherlands 3 1 1382137 Sika AG 21-Apr-20 Switzerland 3 21 1382226 Novartis AG 28-Feb-20 Switzerland 5 29 1382356 Compass Group Plc 06-Feb-20 United Kingdom 1 23 1382374 Alcon Inc. 06-May-20 Switzerland 9 23 1382844 Intuit Inc. 23-Jan-20 USA 1 14 1383412 Trigano SA 07-Jan-20 France 2 17 1384072 Lonza Group AG 28-Apr-20 Switzerland 1 24 1384276 Visa Inc. 28-Jan-20 USA 3 13 1384724 Vestas Wind Systems A/S 07-Apr-20 Denmark 2 18 1384730 Carlsberg A/S 16-Mar-20 Denmark 1 18 1384731 Novozymes A/S 26-Feb-20 Denmark 3 17 1384734 Chr. Hansen Holding A/S 25-Nov-20 Denmark 3 19 1384736 Demant A/S 10-Mar-20 Denmark 1 13 1385109 Costco Wholesale Corporation 22-Jan-20 USA 5 8 1385320 Zealand Pharma A/S 02-Apr-20 Denmark 2 17 1385491 ThyssenKrupp AG 31-Jan-20 Germany 2 13 1385701 Elastic N.V. 10-Jan-20 Netherlands 5 1 1385954 Becton, Dickinson and Company 28-Jan-20 USA 5 18 1388249 PTC Inc. 12-Feb-20 USA 7 10 1389074 Partners Group Holding AG 13-May-20 Switzerland 1 25 1389801 Koninklijke Philips NV 30-Apr-20 Netherlands 3 15 1389802 Heineken NV 23-Apr-20 Netherlands 1 15 1389817 Umicore 30-Apr-20 Belgium 3 14 1389934 ASR Nederland NV 20-May-20 Netherlands 4 8 1389938 Euronext NV 14-May-20 Netherlands 1 15 1390194 Ferrari NV 16-Apr-20 Netherlands 6 22 2 1390597 The Walt Disney Company 11-Mar-20 USA 1 13 1391018 Galapagos NV 28-Apr-20 Belgium 5 14 3 1391581 BE Semiconductor Industries NV 30-Apr-20 Netherlands 4 11 1391614 ENAV SpA 21-May-20 Italy 2 14 1391648 Kone Oyj 25-Feb-20 Finland 1 18 1392011 Diageo Plc 28-Sep-20 United Kingdom 2 24 1393024 Total SA 29-May-20 France 1 22 1393030 LVMH Moët Hennessy Louis Vuitton SE 30-Jun-20 France 6 24 1393032 Schneider Electric SE 23-Apr-20 France 4 22 1393070 ENGIE SA 14-May-20 France 1 32 Total number of Instruction ISS Meeting Number of Company Name Country voted different Meeting ID Date portfolios recommendation from Policy 1393102 Legrand SA 27-May-20 France 3 30 1393154 Novo Nordisk A/S 26-Mar-20 Denmark 4 23 1393341 UniCredit SpA 09-Apr-20 Italy 7 18 1393683 Nexi SpA 05-May-20 Italy 1 6 1393732 Brenntag AG 10-Jun-20 Germany 2 9 1393737 RIB Software SE 26-Jun-20 Germany 2 5 1393753 Worldline SA 09-Jun-20 France 6 51 1393757 Eiffage SA 22-Apr-20 France 1 26 1393788 Orsted A/S 02-Mar-20 Denmark 7 15 1393951 IMCD NV 30-Jun-20 Netherlands 7 13 1394232 Deutsche Wohnen SE 05-Jun-20 Germany 1 5 1394398 Teleperformance SE 26-Jun-20 France 2 9 1394481 Deutsche Boerse AG 19-May-20 Germany 3 31 1394704 Franco-Nevada Corporation 06-May-20 Canada 5 10 1394892 RWE AG 26-Jun-20 Germany 4 13 1395166 RELX Plc 23-Apr-20 United Kingdom 1 5 1395229 Alten SA 18-Jun-20 France 1 21 1395230 Rubis SCA 11-Jun-20 France 2 21 1395294 Allianz SE 06-May-20 Germany 2 17 1395621 Rocket Internet SE 15-May-20 Germany 3 4 1395662 SPIE SA 29-May-20 France 2 13 1395715 Haier Smart Home Co., Ltd. 31-Mar-20 China 1 24 1395752 Wheaton Precious Metals Corp. 14-May-20 Canada 3 2 1395989 Kerry Group Plc 30-Apr-20 Ireland 3 12 1396002 TAG Immobilien AG 22-May-20 Germany 4 19 1396006 Commerzbank AG 13-May-20 Germany 1 5 1396011 CANCOM SE 30-Jun-20 Germany 2 13 1396058 PUMA SE 07-May-20 Germany 4 7 1396065 L'Oreal SA 30-Jun-20 France 11 7 1396067 EssilorLuxottica SA 25-Jun-20 France 5 17 1396253 Intesa Sanpaolo SpA 27-Apr-20 Italy 10 14 1396423 Bankinter SA 19-Mar-20 Spain 1 12 1397107 Ping An Insurance (Group) Company of China, Ltd.
Load more

Recommended publications
  • DXE Liquidity Provider Registered Firms
    DXE Liquidity Provider Program Registered Securities European Equities TheCboe following Europe Limited list of symbols specifies which firms are registered to supply liquidity for each symbol in 2021-09-28: 1COVd - Covestro AG Citadel Securities GCS (Ireland) Limited (Program Three) DRW Europe B.V. (Program Three) HRTEU Limited (Program Two) Jane Street Financial Limited (Program Three) Jump Trading Europe B.V. (Program Three) Qube Master Fund Limited (Program One) Societe Generale SA (Program Three) 1U1d - 1&1 AG Citadel Securities GCS (Ireland) Limited (Program Three) HRTEU Limited (Program Two) Jane Street Financial Limited (Program Three) 2GBd - 2G Energy AG Citadel Securities GCS (Ireland) Limited (Program Three) Jane Street Financial Limited (Program Three) 3BALm - WisdomTree EURO STOXX Banks 3x Daily Leveraged HRTEU Limited (Program One) 3DELm - WisdomTree DAX 30 3x Daily Leveraged HRTEU Limited (Program One) 3ITLm - WisdomTree FTSE MIB 3x Daily Leveraged HRTEU Limited (Program One) 3ITSm - WisdomTree FTSE MIB 3x Daily Short HRTEU Limited (Program One) 8TRAd - Traton SE Jane Street Financial Limited (Program Three) 8TRAs - Traton SE Jane Street Financial Limited (Program Three) Cboe Europe Limited is a Recognised Investment Exchange regulated by the Financial Conduct Authority. Cboe Europe Limited is an indirect wholly-owned subsidiary of Cboe Global Markets, Inc. and is a company registered in England and Wales with Company Number 6547680 and registered office at 11 Monument Street, London EC3R 8AF. This document has been established for information purposes only. The data contained herein is believed to be reliable but is not guaranteed. None of the information concerning the services or products described in this document constitutes advice or a recommendation of any product or service.
    [Show full text]
  • Ishares, Inc. Form NPORT-P Filed 2021-07-28
    SECURITIES AND EXCHANGE COMMISSION FORM NPORT-P Filing Date: 2021-07-28 | Period of Report: 2021-05-31 SEC Accession No. 0001752724-21-159023 (HTML Version on secdatabase.com) FILER iShares, Inc. Mailing Address Business Address 400 HOWARD STREET 400 HOWARD STREET CIK:930667| IRS No.: 510396525 | State of Incorp.:MD | Fiscal Year End: 0831 SAN FRANCISCO CA 94105 SAN FRANCISCO CA 94105 Type: NPORT-P | Act: 40 | File No.: 811-09102 | Film No.: 211121066 (415) 670-2000 Copyright © 2021 www.secdatabase.com. All Rights Reserved. Please Consider the Environment Before Printing This Document Schedule of Investments (unaudited) iShares® MSCI Eurozone ETF May 31, 2021 (Percentages shown are based on Net Assets) Security Shares Value Common Stocks Austria — 0.6% Erste Group Bank AG 329,035 $ 13,477,023 OMV AG 173,018 9,869,717 Raiffeisen Bank International AG 174,780 4,143,945 Verbund AG 80,105 7,319,840 voestalpine AG 136,442 6,137,868 40,948,393 Belgium — 2.6% Ageas SA/NV 204,774 13,342,470 Anheuser-Busch InBev SA/NV 895,037 66,929,866 Elia Group SA/NV 36,295 3,873,987 Etablissements Franz Colruyt NV 64,934 3,939,867 Groupe Bruxelles Lambert SA 132,846 15,005,785 KBC Group NV 294,112 23,969,586 Proximus SADP 178,918 3,620,324 Sofina SA 18,344 7,588,286 Solvay SA 87,264 11,736,541 UCB SA 148,716 13,850,568 Umicore SA 230,261 13,760,841 177,618,121 Finland — 3.1% Elisa OYJ 167,775 9,872,502 Fortum OYJ 523,048 14,860,326 Kesko OYJ, Class B 322,190 11,103,618 Kone OYJ, Class B 398,352 32,117,085 Neste OYJ 496,242 32,609,530 Nokia OYJ(a) 6,349,095
    [Show full text]
  • Liste Des Actions Concernées Par L'interdiction De Positions Courtes Nettes
    Liste des actions concernées par l'interdiction de positions courtes nettes L’interdiction s’applique aux actions listées sur une plate-forme française et relevant de la compétence de l’AMF au titre du règlement 236/2012 (information disponible dans les registres ESMA). Cette liste est fournie à titre informatif. L'AMF n'est pas en mesure de garantir que le contenu disponible est complet, exact ou à jour. Compte tenu des diverses sources de données sous- jacentes, des modifications pourraient être apportées régulièrement. Isin Nom FR0010285965 1000MERCIS FR0013341781 2CRSI FR0010050773 A TOUTE VITESSE FR0000076887 A.S.T. GROUPE FR0010557264 AB SCIENCE FR0004040608 ABC ARBITRAGE FR0013185857 ABEO FR0012616852 ABIONYX PHARMA FR0012333284 ABIVAX FR0000064602 ACANTHE DEV. FR0000120404 ACCOR FR0010493510 ACHETER-LOUER.FR FR0000076861 ACTEOS FR0000076655 ACTIA GROUP FR0011038348 ACTIPLAY (GROUPE) FR0010979377 ACTIVIUM GROUP FR0000053076 ADA BE0974269012 ADC SIIC FR0013284627 ADEUNIS FR0000062978 ADL PARTNER FR0011184241 ADOCIA FR0013247244 ADOMOS FR0010340141 ADP FR0010457531 ADTHINK FR0012821890 ADUX FR0004152874 ADVENIS FR0013296746 ADVICENNE FR0000053043 ADVINI US00774B2088 AERKOMM INC FR0011908045 AG3I ES0105422002 AGARTHA REAL EST FR0013452281 AGRIPOWER FR0010641449 AGROGENERATION CH0008853209 AGTA RECORD FR0000031122 AIR FRANCE -KLM FR0000120073 AIR LIQUIDE FR0013285103 AIR MARINE NL0000235190 AIRBUS FR0004180537 AKKA TECHNOLOGIES FR0000053027 AKWEL FR0000060402 ALBIOMA FR0013258662 ALD FR0000054652 ALES GROUPE FR0000053324 ALPES (COMPAGNIE)
    [Show full text]
  • Retirement Strategy Fund 2060 Description Plan 3S DCP & JRA
    Retirement Strategy Fund 2060 June 30, 2020 Note: Numbers may not always add up due to rounding. % Invested For Each Plan Description Plan 3s DCP & JRA ACTIVIA PROPERTIES INC REIT 0.0137% 0.0137% AEON REIT INVESTMENT CORP REIT 0.0195% 0.0195% ALEXANDER + BALDWIN INC REIT 0.0118% 0.0118% ALEXANDRIA REAL ESTATE EQUIT REIT USD.01 0.0585% 0.0585% ALLIANCEBERNSTEIN GOVT STIF SSC FUND 64BA AGIS 587 0.0329% 0.0329% ALLIED PROPERTIES REAL ESTAT REIT 0.0219% 0.0219% AMERICAN CAMPUS COMMUNITIES REIT USD.01 0.0277% 0.0277% AMERICAN HOMES 4 RENT A REIT USD.01 0.0396% 0.0396% AMERICOLD REALTY TRUST REIT USD.01 0.0427% 0.0427% ARMADA HOFFLER PROPERTIES IN REIT USD.01 0.0124% 0.0124% AROUNDTOWN SA COMMON STOCK EUR.01 0.0248% 0.0248% ASSURA PLC REIT GBP.1 0.0319% 0.0319% AUSTRALIAN DOLLAR 0.0061% 0.0061% AZRIELI GROUP LTD COMMON STOCK ILS.1 0.0101% 0.0101% BLUEROCK RESIDENTIAL GROWTH REIT USD.01 0.0102% 0.0102% BOSTON PROPERTIES INC REIT USD.01 0.0580% 0.0580% BRAZILIAN REAL 0.0000% 0.0000% BRIXMOR PROPERTY GROUP INC REIT USD.01 0.0418% 0.0418% CA IMMOBILIEN ANLAGEN AG COMMON STOCK 0.0191% 0.0191% CAMDEN PROPERTY TRUST REIT USD.01 0.0394% 0.0394% CANADIAN DOLLAR 0.0005% 0.0005% CAPITALAND COMMERCIAL TRUST REIT 0.0228% 0.0228% CIFI HOLDINGS GROUP CO LTD COMMON STOCK HKD.1 0.0105% 0.0105% CITY DEVELOPMENTS LTD COMMON STOCK 0.0129% 0.0129% CK ASSET HOLDINGS LTD COMMON STOCK HKD1.0 0.0378% 0.0378% COMFORIA RESIDENTIAL REIT IN REIT 0.0328% 0.0328% COUSINS PROPERTIES INC REIT USD1.0 0.0403% 0.0403% CUBESMART REIT USD.01 0.0359% 0.0359% DAIWA OFFICE INVESTMENT
    [Show full text]
  • Convening Notice April 22, 2021, 3 Pm Gecina 16, Rue Des Capucines 75002 Paris IMPORTANT INFORMATION
    Ordinary General Meeting Convening Notice April 22, 2021, 3 pm Gecina 16, rue des Capucines 75002 Paris IMPORTANT INFORMATION In the context of the Covid-19 epidemic, and in accordance with the measures adopted by the French Government to prevent this virus from spreading, including Order no.2020-321 of March 25, 2020 (amended), extended by Decree no.2021-255 of March 9, 2021, Gecina’s General Meeting on April 22, 2021, initially scheduled to be held at Pavillon Cambon, will be held at the Company’s registered office, 14-16 rue des Capucines, 75002 Paris, without shareholders attending in person. As a result, no admission cards will be issued. The conditions for taking part in this General Meeting and its organization have been adapted accordingly and will be presented in the meeting notice documents that will be distributed to shareholders. Shareholders will be able to follow the General Meeting live on the Company’s website: www.gecina.fr Shareholders are invited to regularly consult the dedicated Ordinary General Meeting section on www.gecina.fr Contents Message from the Chairman p. 3 Key figures and key charts p. 4 Executive summary p. 5 Company results for the last five years p. 12 Governance and Board of Directors p. 13 Summary of financials authorizations p. 19 Agenda p. 21 Board of Directors’ report & text of draft resolutions p. 22 Participation in the General Meeting p. 41 Practical information p. 44 General data protection regulation p. 45 Document request form p. 47 2 – – Convening notice - Ordinary General Meeting - April 22, 2021 Message from the Chairman “Our General Meeting will be streamed live on our website, www.gecina.fr” Dear Sir, Madam, Dear Shareholder, We are pleased to inform you that Gecina’s Ordinary General Meeting will be held on Thursday April 22, 2021 from 3pm, as a closed session, at Gecina’s registered office, 16 rue des Capucines, 75002 Paris, France.
    [Show full text]
  • 20131120 - Nxt - Vigeo - Semi-Annual Review Enb
    Semi-annual review Euronext-Vigeo indices Paris, November 20th 2013 Vigeo and Euronext, a wholly owned subsidiary of IntercontinentalExchange Group, Inc. (NYSE: ICE), have completed the semi-annual revision of their indices. The new composition will become effective from Monday 2nd of December 2013. The range of Euronext-Vigeo indices is composed of the following seven indices: -Euronext-Vigeo France 20, -Euronext-Vigeo UK 20, -Euronext-Vigeo Benelux 20, -Euronext-Vigeo US 50, -Euronext-Vigeo Eurozone 120, -Euronext-Vigeo Europe 120, -Euronext-Vigeo World 120. The index constituents reflect company performance with regards to the set of risks Vigeo defines and evaluates to assess and measure corporate responsibility. Index composition is updated twice a year, in June and December. Their composition is detailed in tables in the appendix hereunder. Methodology and highlights The added constituents are companies rated highest for control of corporate responsibility risk and contribution to sustainable development. Performance is measured by the Equitics method pioneered by Vigeo. Ratings are based on 38 criteria including respect of environment policy, human rights and recognition of companies’ human capital, corporate governance and business ethics; including integrity in influencing policy and effort to fight corruption; and the prevention of negative impacts on the social and environmental supply and subcontracting chain. Vigeo draws on its existing database to analyse nearly 330 indicators for each company. The update of the Euronext-Vigeo indices in December 2013 features the addition of a number of companies belonging to the real estate sector. These companies have significantly improved their commitments to integrate ESG objectives and principles into their strategies, operations and reporting practices.
    [Show full text]
  • Euro Stoxx® Multi Premia Index
    EURO STOXX® MULTI PREMIA INDEX Components1 Company Supersector Country Weight (%) SARTORIUS STEDIM BIOTECH Health Care France 1.59 IMCD Chemicals Netherlands 1.25 VOPAK Industrial Goods & Services Netherlands 1.15 BIOMERIEUX Health Care France 1.04 REMY COINTREAU Food, Beverage & Tobacco France 1.03 EURONEXT Financial Services France 1.00 HERMES INTERNATIONAL Consumer Products & Services France 0.94 SUEZ ENVIRONNEMENT Utilities France 0.94 BRENNTAG Chemicals Germany 0.93 ENAGAS Energy Spain 0.90 ILIAD Telecommunications France 0.89 DEUTSCHE POST Industrial Goods & Services Germany 0.88 FUCHS PETROLUB PREF Chemicals Germany 0.88 SEB Consumer Products & Services France 0.87 SIGNIFY Construction & Materials Netherlands 0.86 CARL ZEISS MEDITEC Health Care Germany 0.80 SOFINA Financial Services Belgium 0.80 EUROFINS SCIENTIFIC Health Care France 0.80 RATIONAL Industrial Goods & Services Germany 0.80 AALBERTS Industrial Goods & Services Netherlands 0.74 KINGSPAN GRP Construction & Materials Ireland 0.73 GERRESHEIMER Health Care Germany 0.72 GLANBIA Food, Beverage & Tobacco Ireland 0.71 PUBLICIS GRP Media France 0.70 UNITED INTERNET Technology Germany 0.70 L'OREAL Consumer Products & Services France 0.70 KPN Telecommunications Netherlands 0.68 SARTORIUS PREF. Health Care Germany 0.68 BMW Automobiles & Parts Germany 0.68 VISCOFAN Food, Beverage & Tobacco Spain 0.67 SAINT GOBAIN Construction & Materials France 0.67 CORBION Food, Beverage & Tobacco Netherlands 0.66 DAIMLER Automobiles & Parts Germany 0.66 PROSIEBENSAT.1 MEDIA Media Germany 0.65
    [Show full text]
  • International Small Companies First Quarter 2014 Report
    International Small Companies Equity 2014 Second Quarter Report Composite Performance (%) For Periods Ending June 30, 20141 3 Months YTD 1 Year 3 Years2 5 Years2 Since Inception2,3 HL International Small Companies (gross of fees) 3.13 7.63 28.11 11.96 20.32 10.51 HL International Small Companies (net of fees) 2.86 7.08 26.81 10.74 18.97 9.27 MSCI All Country World ex-US Small Cap Index4 3.79 7.48 26.52 7.28 14.87 4.91 1The Composite performance returns shown are preliminary; 2Annualized returns; 3Inception Date: December 31, 2006; 4The Benchmark Index. Please read the above performance in conjunction with the footnotes on the back page of this report. Past performance does not guarantee future results. All performance and data shown are in US dollar terms, unless otherwise noted. Sector Exposure (%) Sector HL ISC ACWIxUS SC (Under) / Over The Benchmark Market Review • International Small Companies Industrials 28.4 20.1 posted solid returns, but nevertheless lagged larger-cap Health Care 11.9 5.9 companies in the quarter. Cons Staples 10.7 5.9 • Energy stocks outperformed on Cash 2.7 – fears of rising energy prices amidst Info Technology 12.4 10.4 the turmoil in the Middle East. Telecom Services 3.0 1.2 Portfolio Highlights Utilities 1.0 2.4 • The arrival of an awaited spike in Energy 1.5 6.0 M&A activity has directly affected the portfolio, with three companies Cons Discretionary 11.9 16.9 receiving acquisition offers. Materials 4.9 11.0 • We sold two Industrials holdings Financials 11.6 20.2 during the quarter but maintain our sizable overweight to the sector.
    [Show full text]
  • ALLIANZ VARIABLE INSURANCE PRODUCTS TRUST Form NPORT
    SECURITIES AND EXCHANGE COMMISSION FORM NPORT-EX Filing Date: 2019-05-30 | Period of Report: 2019-03-31 SEC Accession No. 0001752724-19-035695 (HTML Version on secdatabase.com) FILER ALLIANZ VARIABLE INSURANCE PRODUCTS TRUST Mailing Address Business Address 5701 GOLDEN HILLS DRIVE 5701 GOLDEN HILLS DRIVE CIK:1091439| IRS No.: 000000000 | State of Incorp.:DE | Fiscal Year End: 1231 MINNEAPOLIS MN 55416 MINNEAPOLIS MN 55416 Type: NPORT-EX | Act: 40 | File No.: 811-09491 | Film No.: 19864733 763-765-6551 Copyright © 2021 www.secdatabase.com. All Rights Reserved. Please Consider the Environment Before Printing This Document AZL BlackRock Global Allocation Fund Consolidated Schedule of Portfolio Investments March 31, 2019 (Unaudited) Shares Fair Value Shares Fair Value Common Stocks (56.7%): Common Stocks, continued Aerospace & Defense (1.9%): Banks, continued 317 Boeing Co. (The) $120,910 68,000 Industrial & Commercial Bank 411 Dassault Aviation SA 606,325 of China, Ltd, Class H $49,806 14 Lockheed Martin Corp. 4,202 1,329 Industrial Bank of Korea (IBK) 16,450 138 Northrop Grumman Corp. 37,205 27,898 JPMorgan Chase & Co. 2,824,115 13,070 Raytheon Co. 2,379,786 360 KB Financial Group, Inc. 13,305 1,123 Rolls-Royce Holdings plc 13,262 85 KeyCorp 1,339 12,089 Safran SA 1,658,552 4,700 Mitsubishi UFJ Financial Group, 16,580 United Technologies Corp. 2,136,996 Inc. 23,331 6,957,238 70,100 PT Bank Central Asia Tbk 136,763 Air Freight & Logistics (0.0%): 1,341 Shinhan Financial Group Co., 1,566 C.H.
    [Show full text]
  • NATIXIS AM Funds
    NATIXIS AM Funds Société d'Investissement à Capital Variable organised under the laws of the Grand Duchy of Luxembourg Audited annual report for the year ended June 30, 2020 R.C.S. Luxembourg B 177 509 NATIXIS AM Funds Table of Contents Management and Administration 3 Report of the Board of Directors 4 Report of the Réviseur d’Entreprises agréé 14 Combined statement of net assets 18 Combined statement of operations and changes in net assets 19 NATIXIS AM Funds - Ostrum Euro Bonds Opportunities 12 Months 21 NATIXIS AM Funds - Ostrum Euro Short Term Credit 25 NATIXIS AM Funds - Ostrum Euro Credit 34 NATIXIS AM Funds - Ostrum Euro Inflation 41 NATIXIS AM Funds - Ostrum Euro Aggregate 45 NATIXIS AM Funds - Ostrum Global Aggregate 55 NATIXIS AM Funds - Ostrum Credit Opportunities 61 NATIXIS AM Funds - Ostrum Global Convertible Bonds 67 NATIXIS AM Funds - Ostrum Multi Asset Global Income 73 NATIXIS AM Funds - H2O Lux Multibonds (liquidation on May 28, 2020) 81 NATIXIS AM Funds - H2O Lux Allegro (liquidation on May 28, 2020) 84 NATIXIS AM Funds - Ostrum Euro Value Equity 87 NATIXIS AM Funds - Ostrum Food & Consumer Equities (liquidation on October 30, 2019) 91 NATIXIS AM Funds - Natixis Conservative Risk Parity 94 NATIXIS AM Funds - Seeyond Multi Asset Conservative Growth Fund 99 NATIXIS AM Funds - Seeyond Multi Asset Diversified Growth Fund 104 NATIXIS AM Funds - Seeyond Equity Factor Investing Europe 109 NATIXIS AM Funds - Seeyond Europe Market Neutral 116 NATIXIS AM Funds - Seeyond Europe Minvol 124 NATIXIS AM Funds - Seeyond US Minvol 130 NATIXIS AM Funds - Seeyond Global Minvol 135 NATIXIS AM Funds - Seeyond Equity Volatility Strategies 143 NATIXIS AM Funds - Ostrum Global Emerging Bonds 148 NATIXIS AM Funds - Ostrum Global Emerging Equity 156 Notes to the financial statements - Schedule of derivative instruments 161 Other notes to the financial statements 172 Unaudited information 199 No subscription can be received on the basis of this financial report.
    [Show full text]
  • FTSE Publications
    2 FTSE Russell Publications FTSE Developed Europe SMID Cap 19 August 2021 Tradable Plus Indicative Index Weight Data as at Closing on 30 June 2021 Index weight Index weight Index weight Constituent Country Constituent Country Constituent Country (%) (%) (%) 3i Group 0.72 UNITED Bureau Veritas S.A. 0.42 FRANCE Gjensidige Forsikring ASA 0.17 NORWAY KINGDOM Campari 0.31 ITALY Gn Store Nordic 0.53 DENMARK AAK 0.18 SWEDEN Carl Zeiss Meditec 0.33 GERMANY Halma 0.66 UNITED Aalberts NV 0.24 NETHERLANDS Castellum 0.32 SWEDEN KINGDOM ABN AMRO Bank NV 0.23 NETHERLANDS Centrica 0.2 UNITED Hargreaves Lansdown 0.39 UNITED Acciona S.A. 0.16 SPAIN KINGDOM KINGDOM Accor 0.32 FRANCE Chr. Hansen Holding A/S 0.43 DENMARK Hays 0.16 UNITED ACS Actividades Cons y Serv 0.3 SPAIN Clariant 0.21 SWITZERLAND KINGDOM Adecco Group AG 0.49 SWITZERLAND Coca-Cola HBC AG 0.33 UNITED HeidelbergCement AG 0.6 GERMANY Adevinta 0.21 NORWAY KINGDOM HelloFresh SE 0.67 GERMANY Admiral Group 0.43 UNITED Cofinimmo 0.21 BELGIUM Helvetia Holding AG 0.18 SWITZERLAND KINGDOM Commerzbank 0.35 GERMANY Hikma Pharmaceuticals 0.27 UNITED Aedifica 0.22 BELGIUM ConvaTec Group 0.25 UNITED KINGDOM Aegon NV 0.34 NETHERLANDS KINGDOM Hiscox 0.18 UNITED KINGDOM Aeroports de Paris 0.17 FRANCE Countryside Properties 0.16 UNITED Holmen AB 0.2 SWEDEN Ageas 0.46 BELGIUM KINGDOM Homeserve 0.17 UNITED Aker BP ASA 0.16 NORWAY Covestro AG 0.54 GERMANY KINGDOM Alfa Laval 0.52 SWEDEN Covivio 0.2 FRANCE Howden Joinery Group 0.3 UNITED Alstom 0.7 FRANCE Croda International 0.64 UNITED KINGDOM KINGDOM Alten 0.18
    [Show full text]
  • Universal Registration Document
    RU- UNIVERSAL REGISTRATION DOCUMENT ANNUAL FINANCIAL REPORT BIS 20- 20 II DOCUMENT D’ENREGISTREMENT UNIVERSEL RUBIS 2020 1 2 DOCUMENT D’ENREGISTREMENT UNIVERSEL RUBIS 2020 MESSAGE DE LA GÉRANCE Message from General Management In a year marked On the health front, the Group’s responsiveness demonstrated by an unprecedented its effectiveness, and made it possible to protect the well-being of its employees without resorting to furlough schemes or government health crisis aid, across all of its subsidiaries. and high volatility in the From an economic perspective, the resilience of the business was price of petroleum remarkable, limiting the declines in EBIT and net income, Group share to 11% and 9% respectively. products, in 2020 the Rubis Group Other than this economic, operational and social performance, 2020 was marked by major new developments aimed at ensuring demonstrated the the Group’s long-term viability: formidable resilience ● the finalization, in the first half of 2020, of the creation of Rubis of its economic and social Terminal’s infrastructure division thanks to the partnership with infrastructure fund I Squared Capital, whose external growth objective model thanks to its quickly became a reality with the acquisition of Spanish company Tepsa entrepreneurial culture. in the summer of 2020, enabling the ramping up of capacities dedicated to chemical products and biofuels and the corresponding reduction Despite widespread in the share of petroleum products; uncertainty and ● the Group’s total deleveraging, resulting from this
    [Show full text]