Raiffeisen-Nachhaltigkeit-Aktien (R)

Fund Management Report

The fund and global equity markets were firmer in December. The developments surrounding the new virus variant and the rhetoric of the central banks, especially the Fed, drove the equity markets. All sectors in the fund turned in positive performance, with the greatest contributions coming from companies in IT, industry, and health care. The lowest positive contribution came from chemical companies and utilities. The fund’s fundamentally broad diversification was maintained. The portfolio is still invested in issuers with the best SRI and financial scores. The developments in the coming months will largely depend on the liquidity reduction measures of the central banks and the progression of the pandemic. (14.12.2021)