Threadneedle (Lux) European Social Bond Fund
At a glance
Key facts
Fund Inception date:
23 May 2017
Benchmarks notes:
Composite index comprising:
50% ICE BofA Euro Non-Sovereign;
50% ICE BofA Euro Corporate Euroland Issuers
Investing in positive social outcomes
Annual Social Impact Report
We believe in...
Reasons to invest
- Innovative approach: The fund unlocks the full potential of bonds with the aim to deliver both financial returns and positive social outcomes. Using a dynamic social research methodology to guide investment decisions, the portfolio manager actively sources bonds that combine clear social benefits with sound financial attributes.
- Strength in partnership: Our strong reputation across both fixed income credit and social investment is enhanced by our social partnership with INCO*, an organisation focused on the European social economy and a leader in assessing sustainable social businesses.
- Proven track record in social bond investing: We have managed outcomes-focused social bond strategies for over three years and have delivered risk-adjusted returns for our investors.
We believe in...
Investment approach
Outcome-focused approach aligned with SDGs
Alignment of Social Bond strategy focus with UN SDGs
Insights
Responsible Investment Quarterly - Q1 2021
Fashion eyes sustainability via the circular economy
Global Sustainable Outcomes - News & Views Q1 2021
Fund Manager
Simon Bond joined the company in 2003 and has been the portfolio manager of the Threadneedle UK Social Bond Fund since its launch in 2013, as well as the Threadneedle (Lux) European Social Bond Fund which launched in 2017. Having previously managed a number of institutional and retail investment grade corporate bond portfolios, Simon now concentrates his focus on managing Columbia Threadneedle's social bond portfolios and developing other responsible investment strategies across the firm.
Simon has 34 years' experience in the fund management industry, with the last 29 years specialising in corporate credit. Throughout his career, Simon has taken a keen interest in the social investment space and as an analyst the first entity Simon reported on was Peabody Trust and the first sector he covered was housing associations. Simon is particularly passionate about the role of infrastructure in both regeneration and economic growth.
Prior to joining the firm, Simon managed £6 billion in his role as the Senior UK Credit Fund Manager for AXA. Simon also worked for GE Insurance as a Portfolio Manager, Provident Mutual as a Fixed Income Analyst and Hambros Bank as an Investment Accountant and Pension Fund Investment Administrator.
Simon is a Fellow of the Chartered Institute for Securities and Investment, holds the Investment Management Certificate and the General Registered Representatives Certificate.
Key risks
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Important Information
Threadneedle Management Luxembourg S.A. Registered with the Registre de Commerce et des Societes (Luxembourg), Registered No. B 110242 44, rue de la Vallée, L-2661 Luxembourg, Grand Duchy of Luxembourg. Columbia Threadneedle Investments is the global brand name of the Columbia and Threadneedle group of companies.
INCO is an investment firm with nearly a decade-long track record investing in socially inclusive and environmentally sustainable enterprises with compelling financial returns. Through both an international network of start-ups, support programmes, as well as local expert teams, INCO provides long-term equity and quasi-equity, from seed to growth stages. INCO complements its financial investments with strategic and technical assistance to support the growth, development and impact of its portfolio companies. INCO acts as an independent advisor of the Fund, providing its expertise in the field of social and environmental evaluation. They are responsible for researching and assessing the social outcomes of investments made in the European Social Bond Fund on a post-trade basis, as well as forming part of the Social Advisory Panel to review, advise and monitor the fund’s investments from a social performance perspective. They also produce the annual impact report for the Fund. This partnership shows a common desire to support organisations that make a positive change in their community, whether they are companies, local authorities or non-profit organisations.
The LuxFLAG ESG Label is valid for the period ending on 1 October 2021. Investors must not rely on LuxFLAG or the LuxFLAG Label with regard to investor protection issues and LuxFLAG cannot incur any liability related to financial performance or default.