LBBW Renten Euro Flex ESG

The LBBW Renten Euro Flex Nachhaltig fund seeks to deliver attractive returns by primarily investing in euro-denominated interest-bearing securities from both domestic and international issuers. The portfolio is evenly split among corporate bonds, government bonds, and covered bonds, focusing mostly on high-quality debt while also including some lower-rated bonds to enhance yields. The fund actively adjusts the average maturity of its holdings in response to expected interest rate changes. Additionally, all investments adhere to strict sustainability criteria based on environmental, social, and governance (ESG) standards, avoiding companies involved in activities like arms manufacturing, coal, tobacco, and other controversial practices.