ODDO BHF Green Bond is an actively managed bond fund, at least 75 % of which is invested in Green Bonds from international issuers. Green Bonds are interest-bearing bonds where the funds obtained through the issue are used to fund or refinance new or existing environmental or climate protection projects. The fund also invests up to 25 % of assets in bonds from issuers that our capital market experts have assessed as placing particular importance on sustainability and environmental criteria. The interest-bearing securities involved must also have a minimum rating of B-/B3. The fund also aims for ongoing hedging against currency risks. The active investment process and issuer selection are based on fundamental research incorporating an assessment of the macroeconomic environment and a credit analysis for each issuer. The fund’s objective is to outperform the Bloomberg Barclays MSCI Euro Green Bond TR Index® while also helping to protect the climate and the environment.
The Fund is a financial product that promotes environmental and social characteristics as defined in Article 9 (1) of Regulation (EU) 2019/2088 of 27 November 2019 on sustainability-related disclosures in the financial services sector (“SFDR”). The ESG (Environmental and/or Social and/or Governance) approach is based on ODDO BHF AM's proprietary model.