​SPP Global PLUS receives the highest rating from Morningstar

SPP Global PLUS gets five stars from Morningstar. The stars are a confirmation that the fund has performed better over time in relation to its competitors.

- The three-year history and the fact that we now can showcase good results over time makes it easier for more people to invest in our fossil-free funds. Fossil fuel issues remains one of the biggest challenges of our time. Investing fossil-free is an important symbol and marker for which societal change we want to see, says Åsa Wallenberg, CEO of SPP Funds.

SPP Global PLUS is a fossil-free, index aware equity fund with a broad global exposure. The fund does not invest in companies that extract or distribute fossil fuels or companies with large fossil reserves. Instead, the fund selects companies with a high sustainability rating and low carbon footprint. In addition, up to 10 percent of the fund is dedicated to companies that are looking for solutions to future climate challenges.

Wind power, hydropower and green transport
- Unlike actively managed funds, the aim of the fund is not to predict which individual technology will become dominant in the future. The strategy with the solution companies is instead to spread the risks in the funds by investing in various technologies, such as wind power, hydro power, green transport, water pumps, solar energy and geothermal heat, says the fund's manager Henrik Wold Nilsen and adds;

- Taking climate and sustainability into account is not an issue when it comes to investing and generating returns. On the contrary, it has been of great help and has contributed to the fund now being awarded with five stars.

The fund is suitable for those who want a fossil-free, index aware equity fund with companies that are highly ranked in sustainability and who at the same time offer the advantages that a traditional index fund does in low fees and a good risk spread.

Morningstar rating: (5/5) Morningstar stars (4/5) Sustainability globes

Past performance is no guarantee of future returns. Future returns depend on the market, fund manager skill, fund risk level and costs, among other things. The performance may be negative due to losses and it may vary considerably within periods. Unit holders’ realised gains or losses will therefore depend on the actual timing of subscriptions or redemptions.