ESG Equities Fund – 3rd Quarter 2024 Management Report

In the 3rd Quarter 2024 Management Report, we highlight the resilience of our portfolio companies and the gap between their intrinsic value creation processes and their market prices.

This topic is becoming increasingly relevant in a society that seeks immediate results and satisfaction, often driven by a short-term mindset, which opens interesting opportunities for investors with a longer-term perspective.

We remain enthusiastic about the potential of these companies, leaders in their sectors, who not only navigate the challenging economic environment effectively but also leverage it to widen their lead over competitors, strengthening their structural competitive advantages.

We are committed to a prudent and responsible management approach, dedicated to creating sustainable value for our investors.