KBI WATER FUND
ISIN: IE00B64V3N43 - Equities
| As of 30/11/2023 | |||||||
|---|---|---|---|---|---|---|---|
| YTD | 2022 | 2021 | 2020 | 2019 | 2018 | NAV | Fund AUM |
| 10.15% | -9.24% | 37.71% | 4.82% | 27.14% | -12.67% | 33.205 EUR | 1,229.75M EUR |
Global water equities delivering alpha with ESG and impact at the core
A high conviction, equity portfolio of companies providing solutions to the challenges around the supply of clean water. Delivers alpha, Impact and ESG.
Notation - December 2023
© 2023 Morningstar. All Rights Reserved. The information, data, analyses and opinions (“Information”) contained herein: (1) include the proprietary information of Morningstar; (2) may not be copied or redistributed; (3) do not constitute investment advice; (4) are provided solely for informational purposes; (5) are not warranted to be complete, accurate or timely; and (6) may be drawn from fund data published on various dates. Morningstar is not responsible for any trading decisions, damages or other losses related to the Information or its use. Please verify all of the Information before using it and do not make any investment decision except upon the advice of a professional financial adviser. Past performance is no guarantee of future results. The value and income derived from investments may go down as well as up.
KBI Water Fund is a high conviction, global, long-only equity portfolio that taps into the potential of companies from the water sector.
Water is a key resource and growing demand from a rapidly-expanding global population, coupled with an unrelenting requirement from industry and agriculture, has focused the worlds’ attention on how these scarce water resources are managed.
The fund invests in 35-50 publicly traded companies, providing value-added solutions to meet this vital and growing need for water.
Summary
1. Long-term growth drivers*
- There is no substitute for water, while water consumption keeps rising.
- Stricter global regulations are leading to massive investment (estimated more than USD11.7trn by 2030)
2. A USD 500 billion market centered around three sectors:
- Utilities (supply and distribution).
- Infrastructure (pipes, irrigation, etc.)
- Technology (purification, destination, etc.).
3. Innovative, value-generating companies
- The water sector is linked to many different industries and drives technological innovation with the arrival of newcomers.
- The market has undergone considerable restructuring which has seen the emergence of solid, sustainable companies.
*Sector growth does not necessarily entail the growth of companies in the which the fund is invested