Scope Ratings, FNG Seals, Österreichischer Dachfonds Awards... there’s a myriad of awards and quality seals for funds and investment fund companies that are issued by different institutions. They represent important, external, independent assessments, not only for investors, but also for the asset management companies as well.

Comprehensive quality assessment

Awards and quality seals do more than just evaluate the performance of a fund, as qualitative criteria and investment strategies are often also included in the assessment. Thus, the scope can go beyond an evaluation of the product alone and encompass the entire company involved.

Raiffeisen Kapitalanlage GmbH (Raiffeisen Capital Management) and its products are constantly being assessed by independent institutions and regularly receive awards. For example, the sustainability approach itself has generated top awards for the company.

“We’ve made enormous efforts in recent years, investing significant labour and development work in our product portfolio and our SRI process, which we restructured and improved again in 2022,” said Dieter Aigner, Managing Director and Chief Sustainable Investment Officer (CSIO) at Raiffeisen Capital Management.

Strict assessment criteria

The scope of assessment for issuing quality seals and awards is as comprehensive as it is diverse. Key criteria include performance over certain time periods based on the Sharpe ratio* and in-depth qualitative analyses, for example covering the investment process, or the expertise of the fund management team as a whole. The ability to maintain consistently high quality over a longer period of time is another factor taken into consideration. Individual awards are thus based on the assessment of different criteria. Here are some examples of why Raiffeisen Capital Management or a specific fund has earned an award:

• Solid expertise in sustainability.

• The development of a proprietary ESG indicator which incorporates a range of input factors and quantifies the ESG level of the invested company as a whole; it forms the basis for the ESG rating.

• Excellent quality and expertise in managing sustainable fund strategies.

  In this regard, the stringent ESG approach was highlighted, thanks to which responsible management can be harmonised with the mitigation of investment risks.

• The fund management team’s top-notch expertise, which is responsible for the consistent success of the ESG branch and is constantly being expanded and refined. The focused SRI approach corresponds with Raiffeisen KAG’s long-term strategy of transitioning the entire product range to a sustainability basis.

Consistency and credibility count

• Awards such as the EMEA Finance Limited show how an asset management company compares to its competitors throughout Europe. In this regard, Raiffeisen KAG was able to outdo some large, international competitors.

• This is not the first time that Raiffeisen Capital Management has received some of these awards, as they have been earned on multiple occasions, such as the Scope Rating or the FNG Seal. It indicates consistency and credibility when quality seals or awards are issued repeatedly.

Raiffeisen Capital Management is "2024 ESG Champions"

Raiffeisen Capital Management was honored by the London-based sustainable investment advisor MainStreet Partners with the "2024 ESG Champions" award in the "Best ESG Boutique/Specialist" category.

The awards recognize funds and asset managers that have excelled in ESG investing within the MainStreet Partners universe (available on the MainStreet platform ESGeverything.COM). Winners were selected in various categories spanning equities, fixed income, multi-asset and thematic investing, as well as best asset manager and best boutique manager. The methodology has evolved over 16 years and involves a holistic assessment of three core pillars, meaning that the ESG concerns of companies are analyzed not only in terms of portfolio holdings, but also in terms of the fund's strategy and that of the asset management company as a whole.

FundAwards 2024

With the €uro FundAwards 2024, Finanzen Verlag (€uro, €uro am Sonntag, BÖRSE ONLINE) award the best funds in Germany for the year 2024.

Five of our funds achieved excellent rankings: Raiffeisen-GlobalDividend-ESG-Aktien, Raiffeisen-Inflation-Shield, Raiffeisen-Nachhaltigkeit-Rent, Raiffeisen-Inflationsschutz-Anleihen und Raiffeisen-Europa-HighYield.

Since 2006, €uro and its two sister publications BÖRSE ONLINE and €uro am Sonntag have presented the coveted €uro FundAwards. These awards recognise those funds and ETFs that have achieved the best, second and third best performance in their investment category over one, three, five, ten and 20 years respectively. The cut-off date for the evaluation was 31 December 2023.

Deutscher Fondspreis for Raiffeisen-Inflationsschutz-Anleihen

At this year's FONDS professionell CONGRESS, Raiffeisen-Inflationsschutz-Anleihen was awarded the Deutscher Fondspreis with "outstanding" (category: bond funds Euroland).

The award is based on a quantitative evaluation of the eleven most important fund categories. In a further step, the top funds were then scrutinized in a multi-stage process. This involved analyzing not only whether the fund had moved consistently within the bandwidths of its investment universe, but also whether the results achieved were actually attributable to the right management decisions. The three best funds in each category are awarded "outstanding".

Österreichischer Fondspreis for Raiffeisen-Inflationsschutz-Anleihen

At the 25th FONDS professionell Congress, FONDS professionell and DIE PRESSE honoured Raiffeisen-Inflationsschutz-Anleihen with the Austrian "Fondspreis" in the category "Bond Funds Euroland" and rated it "outstanding".

Capital magazine: Raiffeisen-Nachhaltigkeit-Rent

The Raiffeisen-Nachhaltigkeit-Rent was awarded the title of "Sustainable Fund" by the renowned German magazine Capital (based on an analysis by the Institut für Vermögensaufbau).

The Institut für Vermögensaufbau (IVA) examined for Capital how strictly funds actually comply with ESG criteria and how well they are structured. The selection process is based on a study that looks at the three segments of ESG fund quality, ESG fund transparency and sustainability activities at company level.

Austrian Fund of Funds Award 2023

GELD-Magazin has presented the Austrian Fund of Funds Award 2023, already a tradition in the fund industry. It awards the coveted trophies for the 23rd time. Raiffeisen KAG is one of the exclusive circle of award winners. Two Raiffeisen KAG funds achieved excellent rankings in various categories.

EMEA Finance: “Best Asset Manager” in Austria

The financial magazine EMEA Finance Limited, headquartered in London, has honoured Raiffeisen KAG as the “Best Asset Manager” in Austria.

Nummus Ethics Catholic Principles: awards for 13 funds

Funds bearing the seal “Nummus Ethics Catholic Principles” from the advisory firm Nummus.info comply with the investment guidelines of the Italian Bishops’ Conference (CEI, Conferenza Episcopale Italiana). There are now 13 Raiffeisen funds bearing this seal.

Nachhaltiges Engagement 2024

In addition, Raiffeisen Capital Management has once again proven its leading role in sustainable fund investments and achieved outstanding results in the study “Nachhaltiges Engagement 2024“. Raiffeisen Capital Management was awarded the seal of approval “Nachhaltiges Engagement 2024” in the "Asset Management" category.

The IMWF Institut für Management- und Wirtschaftsforschung collected and comprehensively analyzed more than 195,000 statements from many millions of public online sources for around 2,000 of Austria's largest companies. The results were presented by KURIER as media partner of the study. The leading companies in sustainable engagement were presented in the KURIER edition on November 9, 2023.

Institut für Vermögensaufbau: Best possible score for Raiffeisen VIPnachhaltig 50

“5 Stars” for the risk-return profile and “5 Trees” for the strategy of the underlying SRI approach: The Institut für Vermögensaufbau (IVA) issued the top scores to the SRI portfolio strategy of “Raiffeisen VIPnachhaltig 50”.

* The Sharpe ratio measures the performance of an investment such as a security or portfolio compared to a risk-free asset, after adjusting for its risk. It is defined as the difference between the returns of the investment and the risk-free return, divided by the standard deviation of the investment returns. It represents the additional amount of return that an investor receives per unit of increase in risk.

The investment strategy of Raiffeisen-Inflation-Shield permits the capital to be invested primarily in deposits.

The fund Raiffeisen-GlobalDividend-ESG-Aktien exhibits elevated volatility, meaning that unit prices can move significantly higher or lower in short periods of time, and it is not possible to rule out loss of capital.

The investment strategy permits the funds Raiffeisen-Nachhaltigkeit-Rent, Raiffeisen-Active-Aktien, Raiffeisen-Inflation-Shield, and Raiffeisen-Dynamic-Assets-Solide to predominantly (relative to the associated risk) invest in derivatives.

According to its investment strategy, the funds Raiffeisen-Active-Aktien and Raiffeisen-Dynamic-Assets-Solide may mainly invest in investment funds.

The Fund Regulations of the funds Raiffeisen-Nachaltigkeit-Rent, Raiffeisen-Inflationsschutz-Anleihen, Raiffeisen-Inflation-Shield, and Raiffeisen-Dynamic-Assets have been approved by the FMA. The Raiffeisen Sustainable Bonds may invest more than 35 % of the fund's volume in securities/money market instruments of the following issuers: France, Netherlands, Austria, Italy, United Kingdom, Sweden, Switzerland, Spain, Belgium, United States, Canada, Japan, Australia, Finland, Germany. The Raiffeisen InflationLinked Bonds may invest more than 35 % of the fund's volume in securities/money market instruments of the following issuers: France, Netherlands, Austria, Belgium, Finland, Germany. The Raiffeisen-Inflation-Shield may invest more than 35 % of the fund's volume in securities/money market instruments of the following issuers: United Kingdom, United States, Germany. The Raiffeisen Dynamic Assets Solid may invest more than 35 % of the fund's volume in securities/money market instruments of the following issuers: France, Netherlands, Austria, Italy, United Kingdom, Sweden, Switzerland, Spain, Belgium, United States, Canada, Japan, Australia, Finland, Germany.