Andbank’s SIGMA Balanced fund receives a five-star sustainability rating from Morningstar

Andorra, 18 February 2021.

Andbank’s Sigma Balanced investment fund has received the five-star sustainability rating, the highest rating given by Morningstar. This rating evaluates the sustainable investment criteria applied to the selection of assets according to the category of the fund.

In addition, at the end of 2020, the fund also maintained its four Morningstar stars in two fund categories, namely the institutional and the pension plan. This score has been achieved thanks to an accumulated yield of 15.20% over the last 5 years, together with adequate risk control over the last few volatile months.

Despite fluctuations in the markets due to the health crisis, the fund made a positive return at the end of the year in all three categories, +3.24% (A), +3.97% (B), and 4.73 (P), respectively. Given these excellent results, Morningstar has awarded Sigma Balanced two of its highest quality ratings.

Sigma Balanced is a mixed UCITS IV fund registered in Luxembourg, which mainly invests in bonds and shares, with a range of equity exposure between 30% and 80%, and which applies ESG management criteria in its strategy. It is managed by Jordi Riera, Head of Advisory & Portfolio Management at Andbank Andorra, who has extensive experience in fund and portfolio management.

The companies selected for this fund start from a quality base, with solid growth prospects and a favourable market position. This approach is combined with great agility in strategic and tactical management, with the aim of ensuring that the fund performs well in any environment.

Jordi Riera explains that, “after a difficult year in the markets due to the health crisis, we have obtained very good results in the fund. We are aware of the enormously complex environment. For this reason, one of the main objectives is to manage our clients’ investment risk”.

He adds that, “We think that Sigma Balanced, on account of both its flexible strategy as well as its broad investment range, is one of the best options on the market, and we hope that our clients will continue to place their trust in the way we manage this fund”.