As you may know, we are aiming for a carbon neutral investment portfolio by 2050. To achieve this, we have taken another great step. For our DC equities, we replaced the NT Global Equity fund with the ACTIAM equity fund as of April 1. This fund has mapped out a path towards CO2 neutral in 2050 and has been brought into line with the Paris climate agreement. ACTIAM, as an investment manager, is known for its sustainability policy.
What will change for you?
The DC shares you hold in the NT Global Equity fund are converted one-to-one to those of the ACTIAM fund. This fund has similar return and risk expectations as the NT Global Equity fund. Because of this switch, there are more companies with lower carbon emissions in your equity portfolio. This is how we limit climate risk.
The conversion to the Actiam fund has now been completed. You can see most up-to-date details of your DC investments on the DC Capital Balance page in MySPIN.
Been sharp on costs
The management costs for the ACTIAM fund are slightly lower than those of the NT Global Equity fund. There are one-time transaction costs ( cost of selling and buying shares) associated with this transition but these are offset by the lower management fees.
Update June 2023
Since January 1, 2022, ACTIAM has been part of the Cardano Group. From June 1, 2023, ACTIAM will therefore continue as Cardano. This change now concerns only the name of the company. At the end of 2023, ACTIAM investment funds will continue as Cardano funds.
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