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-Nachhaltigkeit-ShortTerm, Raiffeisen-Nachhaltigkeit-Solide, Raiffeisen-Nachhaltigkeit-Mix, Raiffeisen-Nachhaltigkeit-Wachstum, Raiffeisen-Nachhaltigkeit-Aktien, Raiffeisen-Nachhaltigkeit-Momentum, Raiffeisen-Nachhaltigkeit-EmergingMarkets-Aktien, Raiffeisen-Nachhaltigkeit-EmergingMarkets-LocalBonds and Raiffeisen-SmartEnergy-ESG-Aktien.
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).
The funds Raiffeisen-Nachhaltigkeit-Aktien, Raiffeisen-Nachhaltigkeit-Momentum, and Raiffeisen-Nachhaltigkeit-EmergingMarkets-Aktien 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 Raiffeisen-Nachhaltigkeit-Solide have been approved by the FMA. The fund may invest more than 35 % of its volume in bonds of the following issuers: France, Netherlands, Austria, Belgium, Finland, Germany.