‘As the year goes, so goes December’, is an old stock market wisdom. In other words, the lack of company news in the last month of the year means that the trend of the past year is often continued in December. And this year is no different. Prices fell across a broad front, the main macroeconomic reason being interest rate hikes in both America and Europe. The price of our fund fell by 2.9%, while large European companies (MSCI Europe Index) lost an average of 3.5%. Medium-sized companies saw a share price fall of 2.7% (MSCI Europe Mid Cap Index) and small companies by an average of 2.5% (MSCI Europe Small Cap Index).



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.