Raiffeisen KAG among the most successful fund companies at FNG Seal Awards
18 Raiffeisen funds have been awarded the highest rating
Investment company with the most ‘3-star’ products
Responsible investing requires a reliable framework
The funds of Raiffeisen Capital Managementwere again awarded the highest rating, a 3-star seal, by the FNG (Forum Nachhaltige Geldanlagen) this year. Eighteen funds received this coveted award. This means that Raiffeisen Capital Management is once again one of two fund companies with the highest number of ‘3-star seal’ products in its portfolio.
"3-star" seals were awarded to:
Raiffeisen-GreenBonds, Raiffeisen Sustainable Equities, Raiffeisen Sustainable Diversified, Raiffeisen Sustainable EmergingMarkets Equities, Raiffeisen Sustainable EmergingMarkets LocalBonds, Raiffeisen Sustainable European Equities, Raiffeisen Sustainable Mix, Raiffeisen Sustainable Momentum, Raiffeisen-Nachhaltigkeit-ÖsterreichPlus-Aktien, Raiffeisen Sustainable Solid, Raiffeisen Sustainble Growth, Raiffeisen Sustainable Bonds, Raiffeisen Sustainable ShortTerm, Raiffeisen Sustainable US Equities, Raiffeisen PAXetBONUM Equities, Raiffeisen PAXetBONUM Bonds, Raiffeisen SmartEnergy ESG Equities, and Klassik Nachhaltigkeit Mix.
The FNG-Siegel 2025 was awarded to 222 funds, of which 108 received a ‘3-star seal’. A total of 87 product providers submitted this year for the seal award.
‘With its holistic approach, the FNG-Siegel goes far beyond a single-stock analysis in the portfolio and is considered the SRI quality standard in the German-speaking financial market. Our funds are compared directly with international competitors‘ products. The excellent result is therefore particularly valuable to us. The FNG label gives many customers the confidence of investing in a high-quality fund product,’
Hannes Cizek, CEO of Raiffeisen Capital Management.
Responsible investment needs a reliable framework
For Dieter Aigner, Managing Director and Chief Sustainable Investment Officer of Raiffeisen Capital Management, the FNG-Label is also convincing because it is constantly evolving in line with the growing challenges of our time.
‘For us, supporting transformation is an important social mandate for responsible investors. However, in order to fulfil this mandate in the best possible way, we need more than just excellent products. We also need the government on our side. It must hammer in strategic stakes so that the framework conditions for companies and investors are clear and planning is possible. Then companies can strategically align themselves towards transformation and we can support them in this process,’
Dieter Aigner, Managing Director and Chief Sustainable Investment Officer of Raiffeisen Capital Management
Raiffeisen Capital Management has 45.1 billion euros in assets under management as of the end of October 2024. Around 55% – 25.0 billion euros – are already managed according to ESG criteria.
The FNG Seal is the quality standard for sustainable investment funds and similar financial products in German-speaking countries. The holistic methodology of the FNG label is based on a minimum standard. This includes transparency criteria and the consideration of labour and human rights, environmental protection and anti-corruption as summarised in the globally recognised UN Global Compact. All companies in the respective fund must also be fully analysed for sustainability criteria. Taboo (usually with a 5 percent revenue tolerance) are investments in nuclear power, coal mining, coal-fired power generation, fracking, oil sands, tobacco, weapons and armaments. Sustainability funds that particularly excel in the areas of ‘institutional credibility’, ‘product standards’ and ‘portfolio focus’ (selection and dialogue strategy, KPIs) receive up to three stars.
FNG Seal: further information
The FNG-Label goes far beyond a mere consideration of individual securities in the portfolio with its holistic approach. 111 questions are used to analyse and evaluate, for example, the sustainability investment style, the associated investment process, the corresponding ESG research capacities and any accompanying engagement process. In addition, elements such as reporting, controversy monitoring, the involvement of stakeholders and the product provider as such play an important role. The more complex and intensive a product is at the various levels in terms of sustainability, the higher its sustainability quality and the potential to ultimately achieve indirect and direct impact. The independent testing and evaluation work is carried out by the non-profit science association F.I.R.S.T. in conjunction with the university spin-off Advanced Impact Research GmbH (AIR) under the scientific advisory board of Timo Busch from the University of Hamburg. F.I.R.S.T. bears overall responsibility, in particular for the coordination, awarding and marketing of the FNG label. An external committee with interdisciplinary expertise also monitors the review process. The FNG-Label has been rated ‘highly recommended’ by the consumer portal www.label-online.de and has been included in the shopping basket of the German Council for Sustainable Development (RNE). It also participates with other national, state labelling systems in a working group as part of the EU Action Plan on Financing Sustainable Growth and has been invited several times by the French Ministry of Finance to further develop its ISR label. A scientific study concluded that the FNG label excels particularly in the criteria of transparency, rigour and governance. The conditions of procedure contain detailed information on the methodology. Further information on the FNG label: www.fng-siegel.org/einfuehrung
Explanations:
KPI stands for Key Performance Indicator
FNG stands for Forum Nachhaltige Geldanlagen
ESG stands for environmental (E), social (S), and good corporate or national governance (G).
For further information, please contact:
Andrea Pelinka-Kinz (+43 1 717 07 - 8787) or
Pia Oberhauser (+43 1 717 07 - 2426)
Raiffeisen Kapitalanlage-Gesellschaft m.b.H. is a European asset manager. With 45.1 billion euros in assets under management as of the end of October 2024, it is the largest fund company within the RBI Group. The company is represented in key European markets and is regularly recognised by rating agencies and business media for the high quality of its funds. Raiffeisen KAG is a founding member of the Raiffeisen Sustainability Initiative.
The investment strategy permits the funds Raiffeisen Sustainable Bonds and Raiffeisen Sustainable European Equities to predominantly (relative to the associated risk) invest in derivatives.
The funds Raiffeisen Sustainable EmergingMarkets Equities, Raiffeisen Sustainable Momentum, Raiffeisen PAXetBONUM Equities, Raiffeisen Sustainable Equities, Raiffeisen Sustainable US Equities, Raiffeisen-Nachhaltigkeit-ÖsterreichPlus-Aktien, Raiffeisen Sustainable European Equities, and Raifeisen SmartEnergy ESG Equities exhibit elevated volatility, meaning that unit prices can move significantly higher or lower in short periods of time, and it is not possible to rule out loss of capital.
The Fund Regulations of the funds Klassik Nachhaltigkeit Mix, Raiffeisen Sustainable Diversified, Raiffeisen Sustainable Solid, Raiffeisen PAXetBONUM Bonds, and Raiffeisen Sustainble Bonds have been approved by the FMA. The Raiffeisen Sustainable Solid fund may invest more than 35 % of its volume in bonds of the following issuers: France, Netherlands, Austria, Belgium, Finland, Germany. The Raiffeisen Sustainable Diversified fund may invest more than 35 % of its volume in bonds of the following issuers: France, Netherlands, Austria, Belgium, Finland, Germany, Italy, Sweden, Spain. The funds Klassik Nachhaltigkeit Mix and Raiffeisen PAXetBONUM Bonds may invest more than 35 % of the fund's volume in securities/money market instruments of the following issuers: Austria, Germany, France, Netherlands, Belgium, Finland. The Raiffeisen Sustainable Bonds may invest more than 35 % of the fund's volume in securities/money market instruments of the following issuers: France, Netherlands, Austria, Italy, United Kingdom, Sweden, Switzerland, Spain, Belgium, United States, Canada, Japan, Australia, Finland, Germany.