NN(L)Euro.Sust.Small Caps I EUR

Strategie

The Sub-Fund promotes environmental and/or social characteristics, as described in Article 8 of the SFDR (subject to regulatory approval, see pre notice 28-6-2022). The Sub-Fund predominantly invests in a diversified portfolio comprised of equities issued by companies established, listed or traded in any European country. Selection of these companies combines the analysis of environmental, social (e.g. human rights, non-discrimination, the issue of child labour) and governance factors with a financial performance. The fund uses active management to target companies whose market capitalisations are relatively small in size (i.e. "small caps"), while observing environmental, social and governance principles, with deviation limits relative to the benchmark. The fund also aims for lower carbon intensity than the benchmark. Its stock level compo-sition will therefore materially deviate from the benchmark. The fund may also include investments into securities that are not part of the benchmark universe. In the stock selection process the fund makes use of financial and ESG analysis and also excludes investments in companies involved in activities including but not limited to, the develop-ment, production, maintenance or trade of controversial weapons, the production of tobacco products, thermal coal mining and/or oil sands production. Further, more stringent restrictions are applicable for investments in com-panies involved in activities related to gambling, weapons, adult entertainment, fur & specialty leather, Arctic drilling and shale oil & gas.