ESG Money Market Euro
- Fund
- Money Market
- Europe
- ESG Product
- Investment Grade
Product details
NAV Price
Current
Performance
Since 1 Year
Data updated on 29 May 2025
Strategy
The SICAV is a euro money market SICAV whose objective is to outperform the capitalized Ester Index. The fund invests in fixed or floating rate issues. The bonds selection is supported by a rigorous credit risk analysis, liquidity and portfolio diversification. The weighted average maturity (WAM) of securities is below or equal to 6 months.
Management commentary
In May, financial markets remain predominantly dependent on geopolitical events. Trade tensions between the US and its various trading partners have particularly impacted markets with a temporary reduction in tariffs that reassured investors about the medium-term outlook. The short-term market was also impacted by these uncertainties. The €STER 1-year swap jumped 15 bps during the month before closing at 1.72% (+3 bps). The 3-month Euribor retracted by 18 bps and ended at 2.16%.
Contact us
Let's get in touch.
