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Protecting the Earth's Better Future ICBC Credit Suisse Fund strives to write a big article on "green finance".

author:Public Securities Journal

On April 22, 2024, the 55th "World Earth Day" with the theme of "Cherish the Earth, Harmonious Coexistence between Man and Nature" arrived, once again arousing the public's attention to environmental protection. Under the call of the dual carbon goal and a community with a shared future for mankind, sustainable development has become a must-answer question for the future.

As an active practitioner and leader in the field of green finance, ICBC Credit Suisse Fund integrates the concept of green development into product layout and investment research, actively practices social responsibility, and strives to write major articles on green finance, adding green impetus to sustainable development.

Integrate green development into product innovation and enrich the layout of ESG products

In October 2023, the Central Financial Work Conference pointed out that it is necessary to "do a good job in five major articles: science and technology finance, green finance, inclusive finance, pension finance, and digital finance". Doing a good job in green finance is of great significance for promoting high-quality economic and social development. Since its establishment, ICBC Credit Suisse Fund has always practiced the concept of green development, actively researched and explored the ESG evaluation system with Chinese characteristics around the national strategic goal of "carbon peak and carbon neutrality", continuously enriched the product layout of green economy-related theme funds, strengthened the selection and investment support of high-quality targets, and actively contributed to the green development of the economy.

As of December 31, 2023, ICBC Credit Suisse Fund has issued more than 10 public equity-themed ESG-themed funds with investment directions such as ICBC New Materials New Energy Stocks and ICBC Ecological Environment Stocks, etc., building a relatively complete ESG-themed product series.

Actively embrace sustainable development, and the long-distance running ability of green products is outstanding

With the "countdown" of mandatory ESG disclosure in China, the domestic ESG investment ecology is gradually improving, and the capital market is paying more and more attention to the ESG investment concept, and "green content" has become one of the criteria that investment institutions are paying more and more attention to. "Lucid waters and lush mountains are invaluable assets", this sentence has also been practiced in ICBC Credit Suisse's green investment.

In the new energy track, ICBC Credit Suisse's related products have demonstrated outstanding long-distance running capabilities. As of the end of March 2024, according to data from Galaxy Securities, ICBC New Materials and New Energy stocks ranked first among similar products in the past year and the past two years. According to the company's 2024 first quarter report, its net value growth rate in the past five years is 92.99%, significantly outperforming the performance benchmark rate of return (31.62%) by 61.37%.

In the field of low-carbon environmental protection, ICBC Credit Suisse's products have significant excess returns. Among them, ICBC Ecological Environment Stock A, which was established in June 2015, has performed well in terms of performance and similar rankings. According to the fund's regular report, as of March 31, 2024, the net value growth rate of ICBC Ecological Environment Stock A in the past five years was 134.14% and 55.70% since its establishment, outperforming the benchmark rate of return (12.22% and -36.38%) by 121.92% and 92.08% respectively. According to data from Galaxy Securities, as of March 29, 2024, the fund's performance in the past three years ranked second in the same category and first in the past five years. In addition, the product has also won a large number of awards, and has been nominated for the top 10 of the first Sustainable Fund Award issued by the United Nations Conference on Trade and Development, marking that ICBC Credit Suisse's achievements in green finance have been recognized by international authorities.

Practice the concept of ESG, and promote "high-quality development" and "practice social responsibility" in the same direction

Since its establishment in 2005, ICBC Credit Suisse Fund has always adhered to the mission of serving the development of the real economy, comprehensively contributing to the high-quality development of the new era, and actively fulfilling its social responsibilities such as "public welfare and charity" and "green environmental protection". In 2021, ICBC Credit Suisse officially joined the United Nations Principles for Responsible Investment (UN PRI) and became one of the Chinese public fund management companies that signed the Principles and committed to practicing the six responsible investment principles, actively promoting ESG development and carrying out relevant investment practices.

In 2020 and 2021, the company won the Gold Fund Socially Responsible Investment (ESG) Award issued by Shanghai Securities News for two consecutive years, and in 2023, it won the "2023 Most Socially Responsible (ESG) Fund Company Award" issued by Securities Market Weekly. In the future, ICBC Credit Suisse will continue to deeply practice the concept of green development and green investment, focus on sustainable investment, do a good job in green finance, and make greater contributions to serving the construction of ecological civilization and the green development of the economy and society.

Data Description:

(1) More than 10 public equity ESG-themed funds with ecological environment, new energy, carbon neutrality, etc. as the investment direction include: ICBC Credit Suisse New Energy Vehicle Theme Mix, ICBC Credit Suisse Pharmaceutical and Health Industry Stocks, ICBC Credit Suisse Pension Industry Stocks, ICBC Credit Suisse Ecological Environment Industry Stocks, ICBC Credit Suisse New Materials New Energy Industry Stocks, ICBC Credit Suisse Frontier Medical Stocks, ICBC Credit Suisse Healthcare Industry Stocks, ICBC Credit Suisse CNI New Energy Vehicle Battery ETF and its Feeder Fund, ICBC Credit Suisse Healthy Life Mix, There are 14 funds, including ICBC Credit Suisse Beautiful Town Theme Stocks, ICBC Credit Suisse Agricultural Industry Stocks, ICBC Credit Suisse CSI Shanghai Environmental Exchange Carbon Neutral ETF, and ICBC Credit Suisse CSI 180ESGETF.

(2) ICBC New Materials & New Energy Stocks was established on April 28, 2015, and Zhang Jianfeng has served as the fund manager of the Fund since its establishment. The net value growth rate of the fund in each year from 2019 to 2023 and in the past five years is 42.72%, 83.58%, 32.90%, -24.16%, -13.10% and 92.99% respectively, and the performance benchmark for the same period is 13.68%, 7.80%, 26.79%, -4.60%, -2.16% and 31.62% respectively The data comes from the fund's regular report, and the data for each year from 2019 to 2023 comes from the annual report of each year, and the data for the past five years are as of March 31, 2024; In the past year and the past two years, the income ranks 1/16 and 1/10 of the same category, data source: Galaxy Securities, as of March 29, 2024, similar funds refer to new energy theme equity funds (Class A), and the number of similar funds in the past year and the past two years is 16 and 10.

(3) ICBC Eco-Environment Equity A was established on June 2, 2015, and He Xiaojie has served as the fund manager of the fund since the establishment of the fund. The net value growth rate of the fund in 2019-2023, in the past five years, and since the effective date of the fund contract is 48.07%, 122.51%, 56.68%, -27.40%, -22.41%, 134.14%, and 55.70%, respectively, and the performance comparison benchmarks for the same period are 16.97%, 42.87%, 36.71%, -19.52%, -24.64%, 12.22%, and -36.38% respectively The data from the fund's periodic reports, the data for each year from 2019 to 2023 are from the annual reports, the past five years and the data since the effective date of the fund contract as of March 31, 2024; In the past three years and the past five years, the income ranking ranks 2/10 and 1/10 of the same kind respectively, data source: Galaxy Securities, as of March 29, 2024, similar funds refer to low-carbon environmental protection industry equity funds (Class A), and the number of similar funds in the past three years and the past five years is 10.

Risk Warning:

The fund manager manages and uses the fund property in accordance with the principles of due diligence, good faith, prudence and diligence, but does not guarantee that the fund will be profitable, nor does it guarantee a minimum return. Past performance is not indicative of future performance, and the performance of other funds managed by the fund manager does not constitute a guarantee of fund performance. ICBC New Materials and New Energy Stocks, ICBC Ecological Environment Stocks, and ICBC Beautiful Town Theme Stocks are equity funds, which have higher risks and returns than hybrid funds, bond funds, and money market funds. ICBC New Energy Vehicle Hybrid Fund is a hybrid fund, and its expected return and risk level are higher than those of money market funds and bond funds, and lower than those of equity funds. ICBC CSI Shanghai Environmental Exchange Carbon Neutral ETF, ICBC CSI 180ESGETF, ICBC CSI New Energy Vehicle Battery ETF and its feeder fund, and ICBC CSI Guoxin Central Enterprises Modern Energy ETF are index funds, which mainly track the performance of the underlying index using the full replication method, and have similar risk-return characteristics to the underlying index and the stock market represented by the underlying index. Investing in equity assets carries the risk of greater fluctuations in returns. Investing in ETFs and feeder funds will be subject to unique features such as the risk of fluctuations in the underlying index, the risk of deviation between the return of the fund's portfolio and the return of the underlying index, and the risk of the performance of the ETE feeder fund differing from that of the target ETF. Funds are risky, investors should carefully read the "Fund Contract", "Prospectus", "Fund Product Key Facts Statement" and updates and other relevant legal documents, on the basis of a comprehensive understanding of the product situation, fee structure, charging standards of each sales channel and listen to the suitability of the sales agency, choose the investment varieties suitable for their own risk tolerance for investment, investment should be cautious.

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