Deutsche Bank · 09/04/2026
Active Asset Allocation (A3) (Plus) - Finanzportfolioverwaltung unter Berücksichtigung von Nachhaltigkeitskriterien bei der Auswahl der Finanzinstrumente
Official source ↗Automated quality noticeThis report remains available, but its AI analysis or translation scored below the preferred quality threshold and is queued for improvement. Verify material decisions against the official source.
The report
Loading the document…
AI analysis
AI-generated from the report above · not a translation and not the institution's wording · verify against the official source
Key arguments
- The product applies ESG criteria in instrument selection but does not aim for sustainable investments.
- Minimum MSCI ESG rating of 'A' required, with exceptions for emerging markets issuers and certain funds at 'BBB'.
- At least 51% of the portfolio (excluding cash) must consider principal adverse impacts on sustainability factors.
- Exclusion criteria include companies with >5% revenue from thermal coal/ unconventional oil/gas, UN Global Compact violators, and controversial weapons.
- The Plus strategy focuses on limiting losses in falling markets, with no capital protection.
Risks
- ESG data availability may be limited; the bank does not estimate missing data and relies solely on MSCI, which may result in incomplete adherence to ESG criteria.
- No external verification of ESG compliance is conducted.
- MSCI's assessments may be incorrect or incomplete, and the bank does not monitor MSCI's compliance.