Every day, the companies in our fund are busy solving the important sustainability issues of the moment. For example, Alfa Laval, Solar and Bravida are engaged in the production of heat pumps to heat or cool your home in an energy-efficient way. Orsted, SKF and TKH are involved in generating your energy in a sustainable way with wind turbines. And Vopak and SMS are active in the development and maintenance of large batteries that are needed for the temporary storage of sustainably generated energy. Not only are the products of these companies sustainable, but they also ensure that their own production takes place as energy-efficiently as possible. All this helps us in the fight against global warming and climate change. However, there are big differences from month to month, and in August it became clear that several projects in the wind sector are being delayed due to the rapid rise in interest rates. TKH and Orsted have both indicated that they are affected by this. Partly as a result, the fund’s price fell 5.4% in August against a 2.4% drop for the MSCI Europe. However, this is a snapshot in the multi-year story of the energy transition. The demand for sustainably generated energy and the products of our companies is growing rapidly, and we are convinced that sooner or later these companies and their shareholders will be rewarded.



The fund

Sustainable Dividends offers an investment fund that invests in a well-diversified portfolio of European companies at the forefront of the sustainability transition. Our focus is on a disciplined investment process, while applying both qualitative and quantitative financial criteria.