APS Ethical Balanced Fund

APS Ethical Balanced Fund
APS FUNDS

APS Ethical Balanced Fund

The investment objective of the Fund is to achieve long-term capital growth and income generation aligned with the principles of our Ethical Policy. The Fund's strategy is to adapt to varying market conditions to optimise returns, while managing risk through a diversified asset allocation approach. The Sub-Fund invests in government and corporate bonds, equities, selected Collective Investment Schemes (CISs), deposits, and cash, in any currency. Investments align with the selection approach defined in the Ethical Policy, promoting environmental, social, and governance (ESG) characteristics.

The Fund may allocate up to 80% of its total net assets in equities, equity-related securities and CIS primarily invested in equities, with no geographical or market cap restrictions. Additionally, it may invest up to 100% of its total net assets in investment-grade bonds, and up to 50% in high yield bonds. The Fund will always maintain at least 50% of its total net assets in its base currency and may hedge currency exposures.

Strategy

Our Portfolio Managers combine a top-down macro framework with bottom-up equity selection as well as ESG analysis. This provides attractive risk-adjusted returns derived from both bonds and equities. They not only consider fundamental analysis, relative value, and market dynamics but also carry out thorough analysis on ESG components which could have an impact on potential return both for corporates and for Sovereigns. The Fund adopts both negative screening and positive ESG analysis to determine what qualifies as investible bonds and Sovereigns.
 
This approach enables our Portfolio Managers to:
 
  • Avoid the companies or Sovereigns that are not deemed to be ESG compliant according to our Ethical Policy
  • Calibrate overall duration risk across geographies and asset classes
  • Identify attractive credit and equity sectors, and companies where they target return as a combination of income spread compression and capital gains
  • Enhance portfolio risk-adjusted returns by overlaying the portfolio with select foreign currency positions
 

Features & benefits

  • Attractive risk return profile that aims for a balanced approach over the medium to long term
  • Access to the global bond and equity markets
  • Invest according to best practice from an ESG perspective
  • Expertise and experience of diverse management team
  • UCITS investor protection

Contact us now

"*" indicates required fields

Consent*

Meet your Portfolio Managers

Josef Portelli
Managing Director,
ReAPS Asset
Management Ltd

David Lanzon
Senior Portfolio Manager, ReAPS Asset
Management Ltd

Michael Tabone
Senior Portfolio Manager, ReAPS Asset
Management Ltd

Historical prices

Class A EUR Accumulator
Class B EUR Distributor
Class P EUR Accumulator
FUND LITERATURE
Factsheet
Prospectus
Offering Supplement
Ethical Policy
Summary of Sustainability Disclosures
Pre-contractual Disclosure
KEY INFORMATION DOCUMENTS
Class A EUR Accumulator
Class B EUR Distributor
Class P EUR Accumulator
Performance Scenarios
FREQUENTLY ASKED QUESTIONS
An investment fund is a professionally managed financial vehicle that pools money from multiple investors to purchase a diversified portfolio of assets—such as stocks, bonds, or other securities.

By investing in a fund, individuals gain access to a broader range of investments than they might achieve on their own. This diversification helps spread risk, as the performance of any single asset has less impact on the overall portfolio.

Investment funds are managed by professional fund managers who make decisions on behalf of the investors, aiming to achieve the fund's investment objectives. This professional management can be particularly beneficial for investors who lack the time or expertise to manage their own portfolios.

Additionally, because the fund's costs are shared among all investors, individual investors often benefit from lower fees and expenses compared to managing a portfolio independently.
A UCITS fund is a collective investment scheme, falling within the scope of and authorised in terms of the UCITS Directive.
Investing in a UCITS fund offers several advantages:

Regulated Structure: UCITS funds operate within a regulated framework, providing investors with essential protections and ensuring transparency throughout the investment process.

Liquidity: UCITS funds offer high levels of liquidity, allowing investors to buy and sell shares on a frequent basis. This flexibility provides investors with easy access to their investments when needed.

Diversification: UCITS funds typically invest in a wide range of assets, such as equities, bonds, and money market instruments. This diversification helps spread risk and can potentially enhance returns by accessing different market opportunities.
This will depend on your investment goals. Our Investment Advisors can help you choose the right fund to suit your needs.
Investors can choose between Savings Plan and Lump Sum Package.

Savings Plan: If you are considering smaller, regular investments or prefer a structured savings approach, APS Funds offer a convenient monthly savings plan. You can start with as little as €50 per month, allowing you to gradually build a portfolio through manageable monthly contributions.

Lump Sum Package: If you prefer to invest a larger amount upfront, the Lump Sum Package may be the ideal choice for you. With a minimum investment starting from €1,000, this option provides the flexibility to invest a lump sum according to your financial goals.
Investors can choose between Distributor and Accumulator share classes, depending on whether they prefer to receive regular income or reinvest it for long-term growth.

Distributor Shares: With Distributor Shares, investors have the option to receive part or all of the net income (if any) generated by the fund in the form of dividends. These dividends are distributed to shareholders according to the Dividend Policy outlined in the Offering Supplement specific to each fund.

Accumulator Shares: On the other hand, Accumulator Shares allow investors to reinvest the entire net income (if any) generated by the fund back into the fund itself. This means that any income earned by the fund, after deducting expenses, is accumulated within the fund. This accumulation is reflected in the price of the Investor Shares of the fund.
The Net Asset Value per share is calculated by dividing the Net Asset Value attributable to a specific class of investor shares by the total number of outstanding investor shares within that class. In simpler terms, it is a measure of the value of each individual share within a specific class of shares. This calculation helps investors understand the value of their investment on a per-share basis.

This website is intended to be of general interest only and should not be considered as an offer, investment advice or solicitation to deal in the shares of the Funds. Any decision to invest should be based on the full details of the Prospectus, and Offering Supplement and Key Information Document of the respective Fund, which can be obtained from APS Bank plc, any of its branches, or by visiting apsbank.com.mt. Investors should seek independent legal and financial advice, including advice as to tax consequences, before making any investment decision.

There is no guarantee that the Funds will achieve their objectives. The value of your investment may fall as well as rise and currency fluctuations may also affect the value of the investment. Performance figures quoted refer to the past and past performance is not a guarantee of future performance. You may lose some or all of the money you invest. There are additional risks involved with this type of investment, which are described in the Prospectus, Offering Supplements and Key Information Documents and should be read before investing.

APS Funds SICAV plc, including each of its Funds, is licensed as a Collective Investment Scheme by the Malta Financial Services Authority (‘MFSA’) in terms of the Investment Services Act and qualifies as a ‘Maltese UCITS’. APS Funds SICAV p.l.c. is managed by ReAPS Asset Management Limited, a subsidiary of APS Bank plc, regulated by the MFSA as a ‘UCITS Manager’ under the Investment Services Act.