Investing in water and waste means investing in civilization.
High cash flow stability
The fund’s holdings typically have high cash flow stability, sound balance sheets and long durations.
We invest in companies which are not covered by large banks and the stocks are not widely held in traditional global diversified portfolios*. We find opportunities in areas others may miss.
*as compared to the MSCI ACWI index
Correlation between the stocks in the investable water and waste universe is close to zero, helping us create a truly diversified portfolio.
The strategy enables us to look at the world through a different lens rather than using the traditional sector/industry bias. We research entire water and waste value chains and find the best ideas.
The fund is c. 60% water, 40% waste but there are no restrictions. In theory, we can be 100% water or 100% waste, it all depends on bottom-up stock selection.
Targeting above 80% purity
The strategy targets a purity of above 80% at fund level. Individual securities will have at least 40% exposure to water or/and waste activities.