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50 stocks in Information Technology sector with the lowest ESG Sustainalytics risk scores. Equal weighing. Long position. Historical growth within the sector has been high within the last 10 years and demand is forecasted to increase. Firms having a good ESG Sustainalytics have been found to outperform those that do not. Rank:18. ESG Risk rating: Low.
Firms are allocated to the portfolio based on the momentum investment strategy: all firms are from the NASDAQ-100 Technology sector index which was sorted by YTD (year to date) price development. The fund decided to go long in all firms which had YTD returns of over 15% on 30th of October. $1,500,000 was divided with equal weights between the 47 stocks. Rank: 43
Following our momentum investment strategy this stock wasn’t anymore in the top 15 gainers of the S&P500 index in 3-month-period. Thus, we will close the position
Ansys has seen nice returns and had great momentum in the past 12 months and. Ansys is currently one of the best-performing stocks in the S&P 500 index. We believe Ansys is going to continue its momentum and this is why we want to add it to our portfolio. | LONG
Long position | Equal weighting. The Fund uses momentum investing as an investment strategy. ANSS was in top 20 best performing stocks in S&P 500-index in year 2019.
This trade is executed to maintain the initial weight of 6% of a single asset, in order to keep our passively held portfolio balanced. This trade rebalances the weights inside our portfolio’s technology holdings - rebalancing between industries currently not required.