Value is more than a number …
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The Global Equity SRI Fund is an actively managed equity portfolio. The stocks are chosen within a global sector framework via a thorough bottom-up analysis and prior to purchase stocks are screened to ensure they meet predefined ethical criteria, in the following areas:
Environment;
Human Rights;
Employee and Governance Issues;
Manufacture of Armaments and Supplies to the Military;
Cosmetics Testing on Animals;
Tobacco Production;
Irresponsible Promotion of Breast Milk Substitutes
The key endeavour is the establishment of a value case for each investment, informed by conviction in the value- investment principles of our firm, while adhering to the ethical criteria above.
The investment objective of the Fund is to outperform the MSCI World index over periods of three years or more.
| 1 month | YTD | 1 Year | 3 Year p.a. | 5 Year p.a. | 10 Year p.a. | |
| Fund | 3.6% | 0.1% | 0.1% | N/A | N/A | N/A |
| Benchmark | 3.6% | -2.4% | -2.4% | N/A | N/A | N/A |
| 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | |
| Fund | N/A | N/A | N/A | N/A | 16.8% | 0.1% |
| Benchmark | N/A | N/A | N/A | N/A | 19.5% | -2.4% |
| Company | Sector | % of Fund |
| JOHNSON & JOHNSON | Healthcare | 2.6% |
| MICROSOFT | Information Technology | 2.4% |
| EXXON MOBIL | Energy | 2.3% |
| TYCO INTERNATIONAL | Industrials & Materials | 2.3% |
| CRH | Industrials & Materials | 2.1% |
| SANOFI | Healthcare | 2.1% |
| MEDTRONIC | Healthcare | 2.1% |
| DCC | Industrials & Materials | 2.1% |
| SVENSKA CELLULOSA | Industrials & Materials | 2.1% |
| BP | Energy | 2.0% |
| Sector Name | Fund Weight |
| Consumer Discretionary | 11.4% |
| Consumer Staples | 11.7% |
| Energy | 15.3% |
| Financials | 12.3% |
| Healthcare | 13.9% |
| Industrials & Materials | 15.0% |
| Information Technology | 13.1% |
| Telecoms & Utilities | 7.3% |
John Looby re-joined Setanta in 2007 having previously been with the firm from its foundation in 1998 to 2003. John is currently lead manager of our Global Equity suite, manager of our Global Telecom Services and Utilities sector, co-manager of our German Equity Fund and part of our 3-person multi-asset team. He has over 20 years experience in financial markets in roles spanning fixed income, absolute return and equities. With a primary degree in economics from UCD, he also has post-graduate qualifications in statistics and international relations from TCD and DCU, respectively.
Performance Source: Setanta Asset Management Limited, Benchmark: MSCI World Index. Performance is gross of management fees in Euro.
The Global Equity SRI Fund is managed by Setanta Asset Management Limited and is a representative account of the Global Equity SRI strategy. The Fund is currently available in Germany, via a unit linked offering of Canada Life Assurance Europe Limited. For these life assurance products, investors should refer to the relevant policy conditions. The strategy is also available on a segregated basis to institutional investors.
WARNING: Past performance is not a reliable indicator of future results. The price of units and the income from them may go down as well as up and investors may not get back the amount invested. The return may increase or decrease as a result of currency fluctuations. Forecasts are not a reliable indicator of future performance.