Asset allocation
- Number of holdings
- 122
Risk
2/7
Savings horizon
At least 3 years
Sustainability
9/9
Market
The Nordic countries
Savings type
Fixed income
Ruth Core Nordic Credit is an actively managed fund that invests in corporate bonds issued by Nordic companies as well as in green, social and sustainability-linked bonds.
This fund is comprehensive enough to be the main building block for Nordic corporate fixed income and bonds in your portfolio and is a good fit for those looking for an investment in Nordic corporate bonds.
The investment strategy is built around two parts which together are a unique combination of sustainability and risk management. The first part is a combination of the three-dimensional sustainability model "Sustainability CubeTM" which assesses the companies' sustainability profile based on their greenhouse gas emissions, ESG ranking and their contribution to meeting the UN's Sustainable Development Goals, and a selection of green, social and sustainability-linked bonds in the fund's investments. In the second part, a well-balanced portfolio structure based on analysis of macroeconomic conditions and trends is ensured.
By combining these two parts, we get a unique mix of a model-based sustainability strategy and a fundamental analysis of both macro trends and company-specific risks - something that is unique for a corporate bond fund.
Exposure to sustainability risks and opportunities
Shows the fund's exposure to potential risks associated with environmental, social and governance aspects.
How well the companies in the fund are positioned to manage ESG-related risk
Measures exposure to risk and its management.
Datasource: Sustainability CubeTM score.
Read more
Which controversial sectors the fund does not invest in.
Exkluderingar med tröskelvärden på 5 % appliceras vilket kan innebära investeringar i bolag som har upp till fem procent av den oönskade verksamheten, enligt gällande praxis.
Fonden gör ytterligare exkluderingar med högre tröskelvärden än 5 %, läs mer i vår exkluderingspolicy
The companies in the fund's average proportion of independent board members.
52 %
Fund
56 %
Comparison
Datasource: MSCI
Shows the fund's exposure to climate-related transition risks and opportunities.
How well companies are positioned to address the challenges posed by climate change.
Measures, among other things, companies' carbon dioxide emissions, companies' emission reduction targets and progress towards targets.
Datasource: Sustainability CubeTM score.
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How companies are exposed to physical and transition-related climate risks.
Measures the vulnerability of companies based on, among other things, emissions, the type of activity and its geographical location.
Datasource: MSCI
Measures the carbon intensity of the portfolio based on the ratio of the underlying company's emissions to revenues as a weighted average - WACI.
Fund
19 Tonnes CO2e
M Euro revenueComparison
52 Tonnes CO2e
M Euro revenueDatasource: MSCI
Impact of the investment
Shows the fund's exposure to companies that contribute to solving global challenges and impact on sustainability factors.
How well the companies in the fund contribute to the UN Sustainable Development Goals.
Measures how well the companies' activities, revenues, products and services contribute to individual objectives.
Datasource: Sustainability CubeTM score.
Read more
Showcases a few of the funds actual or potential negative impact on sustainability, measured through a few criteria for social and personnel questions.
Fund | Comparison | |
---|---|---|
Company breaches of UNGC norms The share of companies in the fund that have breached at least one of the 10 principles set by FN Global Compact (UNGC) measured as serious breaches. |
0.0% | 0.0% |
Company breaches of OECD norms The share of companies in the fund that have breached at least one of the principles set by OECD measured as serious breaches. |
0.0% | 0.0% |
Boardmember gender distribution The average share of female board members for the underlying companies in the fund |
25.5% | 29.5% |
Datasource: MSCI
* In the investment process for the funds the fund company assesses selected negative consequences for sustainable development. All factors are not assessed for all funds and are not relevant for all underlying investments in the funds. Read more in the Policy for Due Diligence of the fund
The fund's sustainability figures are based on the entire portfolio excluding derivatives. The fund's sustainability figures are compared to a portfolio consisting of 100 % Solactive SEK IG Credit.