The Sustainable Dividends Value Fund has had another good quarter. The investors in the fund achieved a return of 4.4% on their investment. This, incidentally, lagged somewhat behind the return of the MSCI Europe. This index rose due to increasing commodity prices and rising interest rates, thrusted by energy and mining stocks, aswell as banks and insurers. Thus, the market showed growth of 8.4% on average in the last quarter. From the start in 2016 our fund has returned 57%, compared to 34% for the MSCI Europe.

It is clear that sustainable investing does not have to come at the expense of returns. Our strategy has proven itself during good, but also during difficult times. This is mainly because the fund does not hold shares of companies that suffered permanent, irreparable impairments to their business models as a result of the coronacrisis. We were again able to welcome several new clients in the past quarter. Our team will once more do everything we can to live up to the confidence they have placed in us.



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.