Investment Plan – Sustainable MeGreen

With this investment portfolio you invest in a diversified basket of funds that meet strict environmental, social and governance criteria (ESG). MeDirect developed the portfolio with the support of NN Investment Partners, which evaluates its sustainable character through their internal committees dedicated to ESG. NN Investment Partners has more than 20 years of experience in applying ESG criteria to their investment strategies. By investing in a sustainable investment portfolio you not only strive for a financial return, but you also invest in a better society.
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DefensiveBalancedDynamic
This investment style is designed for those who want their savings to experience modest growth in strong markets. When market conditions weaken, however, they may experience moderate losses.
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1. Strategy and selection criteria

The different underlying investments are selected based on a process that involves both traditional financial analysis and ESG analysis.

Generally speaking, the sub funds aim to invest in companies and institutions that focus on sustainable development and actively consider:

  • the environment: for example, by managing water and greenhouse gas emissions or through a green purchasing policy;
  • their role within society: for example, by providing good working conditions or striving towards customer satisfaction;
  • effective corporate governance: for example, by ensuring that the Board of Directors is independent or having a good remuneration policy.

In practice, this means that the idea of "Green Performance" does not just simply consider financial criteria. The sustainability score for investment candidates also plays a key role in building the portfolio.

2. Methodology

Different factors are taken into account when selecting and monitoring underlying investments. These factors are assessed by NN Investment Partners (NN IP) – the manager for the selected sub funds.

1. Exclusions as a result of actions or violations to standards

Most notably, when selecting underlying investments, companies and governments that severely or seriously violate internationally recognised standards set out in the United Nations Global Compact (among others) or human rights are excluded from the selection.

2. Exclusions as a result of business behavior

Companies (and even countries) that are involved in some of the following business operations below are also excluded from the selection:

  • producing and/or selling controversial weapons,
  • tobacco,
  • gambling and "adult entertainment",
  • fur and "special" leather,
  • coal mining,
  • ...

3. ESG scoring

Companies are then classified using a scoring system developed by NN IP. This system is based on:

  • the opinion of NN IP analysts about the risks and opportunities for a company and,
  • the ESG ratings given to the company by Sustainalytics, a global leader in corporate governance and ESG research and ratings.

This ESG score will be taken into account when making the final selection of underlyings for the portfolio. In practice, a company with a high financial score will not be selected if its ESG score is lower than the sector's average.

4. Impact investments

Impact investments are also taken into consideration when selecting underlyings. These are investments that set out to achieve “measurable” social or environmental goals. A good example of this are green bonds. Issuers of green bonds invest this the proceeds into projects which, for example, demonstrably reduce carbon emissions.

Beyond these selection criteria, managers for the selected sub-funds ensure active monitoring and engage with the companies in which they invest. This is done via: voting or active shareholding and engagement

5. Voting or active shareholding

This engagement embraces the belief that companies that focus enough on good governance obtain the best long-term results. Therefore, good governance must be promoted among the companies in which the sub-fund manager is investing.

For example, companies in which the sub-fund is investing must be open about how the members of the management committee and the management processes ensure that sufficient attention is given to issues such as climate risks and compliance with social standards.

In order to promote good governance in the companies in which it is investing, the manager actively uses the voting rights attached to the shares. It is currently focusing on three important areas: 1) sustainability, 2) the board's effectiveness, and 3) aligning directors' pay with the company's strategy.

6. Engagement

In addition to playing a role via the voting policy, the manager also engages with the companies in which it is investing in other ways. Proactive conversations are taking place with company directors in order to discuss ESG rules and promote them further if necessary.

In addition to financial criteria, how sustainable investment candidates are and the efforts that they are making to become more sustainable therefore play a crucial role in building the portfolio.

More information about the methodology used for sustainable investments

Portfolio composition
Equities
49%
Bonds
47%
Cash
2%
Other
2%
Data is as at 01/08/2020
Fund is the popular name for UCI (Undertaking for Collective Investment). A UCI is an undertaking that brings together several investors and invests their deposited money in various investment options, such as stocks, bonds, cash, etc., in order to spread the risk.
Before you proceed with investing in these funds, you must read and evaluate the KIID and prospectus. The KIID sets out the objectives, investment policy, risks and benefits, and costs and past performance of the fund.
We invite you to read all fund information. You will find the button to continue at the bottom of this page.
Name & Category
Sub-fund of NN (L) Patrimonial (SICAV domiciled in Luxembourg)
Risk and reward profile
1
2
3
4
5
6
7
Lower Risk
Possible Lower
Returns
Higher Risk
Possible higher
Returns
Ongoing charge
1.45%
of which 0.72% is paid to MeDirect
Last NAV
€ 806.65
Investment Objective
The Fund mainly invests in a diversified portfolio of European stocks and of Eurozone fixed income instruments from companies and issuers pursuing policies of sustainable development. Only countries with the best environmental, social and governance scores are eligible to invest in. Companies with serious and structural issues concerning controversial behaviour and activities are excluded. The Fund is actively managed against an investment profile of 50% European stocks and 50% bonds denominated in euro. The Fund aims to beat the performance of the benchmark composed as follows: 50% MSCI Europe Index (Net) hedged (EUR), 50% Bloomberg Barclays Euro Aggregate. The Fund may invest in financial derivatives to hedge currency risks. For further information, please consult the prospectus of the Fund.
Morningstar Rating
Legal Documents
Prospectus
KIID
Risk Profile
Significant risks that are not adequately reflected in the profile:

Credit risk
Event risk

You will find all other risks associated with this fund in the prospectus.
Management strategy (vs benchmark)
Active
Name & Category
Sub-fund of NN (L) (SICAV domiciled in Luxembourg)
Risk and reward profile
1
2
3
4
5
6
7
Lower Risk
Possible Lower
Returns
Higher Risk
Possible higher
Returns
Ongoing charge
1.80%
of which 0.90% is paid to MeDirect
Last NAV
€ 397.77
Investment Objective
The Fund invests in companies, listed on stock exchanges in Europe, which pursue a sustainable development policy. These companies combine respect for social principles, environmental principles and governance principles with a financial performance. The Fund aims to bet the performance of the benchmark MSCI Europe NR. For further information, please consult the prospectus of the Fund.
Morningstar Rating
Legal Documents
Prospectus
KIID
Risk Profile
Significant risks that are not adequately reflected in the profile:

Currency risk
Emerging market risk
Event risk

You will find all other risks associated with this fund in the prospectus.
Management strategy (vs benchmark)
Active
Name & Category
Sub-fund of NN (L) (SICAV domiciled in Luxembourg)
Risk and reward profile
1
2
3
4
5
6
7
Lower Risk
Possible Lower
Returns
Higher Risk
Possible higher
Returns
Ongoing charge
0.60%
of which 0.24% is paid to MeDirect
Last NAV
€ 275.98
Investment Objective
The Fund primarily invests in a portfolio of global green bonds of high quality mainly denominated in Euro. Green bonds are bond instruments where the proceeds will be applied to finance or re-finance new and/or existing projects that are beneficial to the environment. The Fund may invest in bonds with a higher risk up to 10% of its net assets. To determine our eligible universe, we check if the selected bonds adhere to the Green Bond Principles as formulated by the International Capital Market Association (guidelines to show transparency and reporting on which more capital can be used for the benefit of environmentally friendly projects). The Fund aims to beat the performance of the benchmark Bloomberg Barclays MSCI Euro Green Bond Index. For further information, please consult the prospectus of the Fund.
Morningstar Rating
N/A
Legal Documents
Prospectus
KIID
Risk Profile
Significant risks that are not adequately reflected in the profile:

Credit risk
Liquidity risk
Event risk

You will find all other risks associated with this fund in the prospectus.
Management strategy (vs benchmark)
Active
Name & Category
Sub-fund of NN (L) (SICAV domiciled in Luxembourg)
Risk and reward profile
1
2
3
4
5
6
7
Lower Risk
Possible Lower
Returns
Higher Risk
Possible higher
Returns
Ongoing charge
0.85%
of which 0.39% is paid to MeDirect
Last NAV
€ 251.00
Investment Objective
The Fund primarily invests in a portfolio of corporate bonds of high quality denominated in Euro but a limited percentage will also be invested in corporate bonds of a low quality. Companies with serious and structural issues are excluded. The Fund aims to beat the performance of the benchmark Bloomberg Barclays Euro Aggregate Corporate. For further information, please consult the prospectus of the Fund.
Morningstar Rating
N/A
Legal Documents
Prospectus
KIID
Risk Profile
Significant risks that are not adequately reflected in the profile:

Credit risk
Liquidity risk
Emerging market risk
Volatility risk
Event risk
Risk of the Specific Underlying Assets

You will find all other risks associated with this fund in the prospectus.
Management strategy (vs benchmark)
Active
Name & Category
Sub-fund of NN (L) (SICAV domiciled in Luxembourg)
Risk and reward profile
1
2
3
4
5
6
7
Lower Risk
Possible Lower
Returns
Higher Risk
Possible higher
Returns
Ongoing charge
1.80%
of which 0.90% is paid to MeDirect
Last NAV
€ 519.28
Investment Objective
The Fund aims to invest in companies that generate a positive social and environmental impact alongside a financial return. The funds invests in companies domiciled, listed or traded worldwide; however, the Fund may also invest up to 20% of its net asset in mainland China. The portfolio is diversified across different impact themes, countries and sectors through company analysis, engagement and impact measurement. For further information, please consult the prospectus of the Fund.
Morningstar Rating
Legal Documents
Prospectus
KIID
Risk Profile
Significant risks that are not adequately reflected in the profile:

Currency risk
Chinese investment risk
Event risk

You will find all other risks associated with this fund in the prospectus.
Management strategy (vs benchmark)
Active
Fees
One-off entry feesTax on entryCustody fees (annual)Tax on returnsOne-off exit feesTax on exit
NoneNoneNoneCapital gain tax applicable to the sale of mutual funds which consist of more than 10% of fixed-income products: a tax of 30% is charged on the realized added value of the fixed-income part of the fund. The capital gain is defined as interest income plus any capital gains recorded minus any capital losses recorded.None1.32% (max. €4000 per fund)
These funds have no maturity date.
You may view the latest net asset value of each fund on www.beama.be.
You can start investing in an investment plan starting from 2.500EUR
It is possible that these funds apply swing pricing. Please consult the prospectus' for more information.
Pros
  • Diversified over 5 different sustainable funds
  • You aim, not only, at achieving financial return, you also contribute to build a better society
  • You can choose from 3 different risk profiles ( from defensive to dynamic)
Cons
  • Diversification does not mean that losses cannot occur
  • MeDirect doesn’t manage and rebalance the portfolio for you
  • The investment portfolio is composed of mutual funds that are subject to the standard Belgian tax regulations. MeDirect will do the necessary work and withhold all applicable taxes so you don’t have to take care of this
Should you have any complaints, you may contact Compliance Officer MeDirect, Keizerinlaan 66 Boulevard de l'Impératrice, B-1000 Brussels or via complaints@medirect.be or Ombudsfin, Ombudsman for financial disputes, North Gate II, Koning Albert II - laan 8 bus 2, 1000 Brussel or via ombudsman@ombudsfin.be
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