Many investment funds demonstrate that obtaining high returns is not incompatible with promoting environmental or social characteristics when investing. It is the latter which qualifies the products as section 8 according to European regulations, to differentiate them from others more cigars ESG (with specific sustainability goals) or those that do not directly follow any such criteria. Nine of the 20 most profitable Spanish active global stock funds this year have it label sustainable.
For profitability, it stands out Ibercaja Megatrends Awith 22.31%, which places it as the fourth vehicle in the Global Active Management League who develops elEconomista.es with the products of national and foreign managers. The philosophy of this product is to invest in structural growth themes, technology has a significant weight in the portfolio (41.9%), with health coming in second place. By company, the top positions are Microsoft, Nvidia, Astrazeneca, Merck and Apple. In the long term, it reaches 11.60% annualized over the last five years.
Three other sustainable funds that stand out this year are Arquia Banca Leaders of the future A And Miralta Narval Europe A. The first occupies seventh place in the ranking (where there are also products from international managers), with a profitability of 19.17%, according to the latest data from September 24. The second stands out for its 5 Morningstar stars, which is the highest rating with which the entity obtains based on the profitability, risk and commissions of the product.
Another Arquia Banca fund is among the sustainable funds in the ranking of the best of the year. It is about Arquia Banca World Leaders Ain which financial services and technology companies represent approximately 48% of the total portfolio.
The five other Article 8 funds which complete the list are: GCO International, Global ISR A box for engineers, BBVA Europe Development SRI SupportBankinter Sostenibilidad R and BBVA Bolsa Desarrollo Sosten ISR A. The first two achieve returns above 15% for the year. Over the long term, Catalana Occidente and Bankinter’s products are the two most profitable of these five, with annualized gains of more than 10% over the past five years, according to Morningstar data.
