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    Universal Investment launches funds for church investors & foundations (Investment Europe)

    Wettlauffer Wirtschaftsberatung and Universal Investment launched the Smart & Fair fund as a mutual fund for church investors and foundations.

    The new fund consistently focuses on the needs of church investors and foundations and relies on a rule-based investment approach with very low fees. For the asset structure, a target allocation of 30% shares focusing on Europe and 70% euro bonds is targeted. It’s sustainability concept is based on a best-in-class approach, excluding particularly critical sectors and countries in line with the recommendations of the Evangelical Church of Germany and the Catholic Church’s Episcopal Conference.

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