Oblikovanje strategije ESG fondova

master's thesis

• Title (english): Strategy formation of ESG funds
• Author: Darija Relja-Podhraški
• Mentor: Denis Dolinar (mentor)
• Committee member: Andrija Sabol (član povjerenstva)
• Committee member: Ena Pecina (član povjerenstva)
• Granter: University of Zagreb; Faculty of Economics and Business; (Department of Managerial Economics); Zagreb
• Defense date and country: 2023-09-28, Croatia
• Scientific / art field, discipline and subdiscipline: SOCIAL SCIENCES; Economics; Finance

Abstract

ESG fondovi, koji su poznati kao fondovi koji uzimaju u obzir ekološke, društvene i upravljačke faktore, predstavljaju investicijske instrumente koji uz financijski aspekt ulaganja uzimaju u obzir i spomenute dimenzije. ESG fondovi dolaze u različitim oblicima te primjenjuju razne strategije. Ovaj rad predstavlja istraživanje o trenutno iznimno aktualnoj temi ESG-a, tržištu održivih investicija koje su još u razvoju te identifikaciji potencijalnija rizika i prostora za daljnji razvoj. Glavni... More ciljevi istraživanja uključuju analizu strategija oblikovanja ESG fondova te proučavanje perspektiva budućeg razvoja ovakvih financijskih proizvoda. Unatoč varijabilnosti u učinkovitosti ESG investicija u ostvarivanju većih financijskih prinosa i pozitivnih društvenih i ekoloških utjecaja, sve veći interes za održivo ulaganje potiče napore za standardizacijom izvješćivanja o ESG faktorima i njihovim kriterijima kako bi se ulagačima pružile jasnije smjernice. Prije ulaganja u ESG fondove, važno je pažljivo istražiti pristup fonda, komponente portfelja te povijest uspješnosti kako bi se osigurala usklađenost s financijskim ciljevima i moralnim vrijednostima ulagača. Ovaj rad prikazuje kroz primjer ESG fonda, Fidelity US Sustainability Index Fund, koje su njegove strategije ulaganja, najveće sastavnice, rizike koje nosi sa sobom te njegovu izvedbu tijekom promatranog razdoblja. Komponente koje utječu na izvedbu fonda uključuju kretanje njegovih sastavnica, ESG rating, stanje na tržištu te strategija ulaganja koju primjenjuje. Kroz detaljnu analizu Fidelity US Sustainability Index Fund prospekta i drugih relevantnih informacija, ovaj rad pruža cjelovito razumijevanje čimbenika koji su utjecali na oblikovanje strategije fonda, njegovu izvedbu, rizike i odabir sastavnica. Less

Abstract (english)

ESG funds, also known as funds that take into account Environmental, Social, and Governance factors, represent investment instruments that consider the financial aspect of investments along with the mentioned dimensions. ESG funds come in various forms and employ various strategies. This paper presents research on the currently highly relevant topic of ESG, the sustainable investment market that is still evolving, and the identification of potential risks and opportunities for further... More development. The main objectives of the research include analyzing the strategies of shaping ESG funds and studying the perspectives of the future development of such financial products. Despite variability in the effectiveness of ESG investments in achieving higher financial returns and positive social and environmental impacts, growing interest in sustainable investing encourages efforts to standardize ESG reporting and criteria to provide investors with clearer guidelines. Before investing in ESG funds, it is important to carefully research the fund's approach, portfolio components, and performance history to ensure alignment with financial goals and investor moral values. This paper illustrates, through the example of the ESG fund, the Fidelity US Sustainability Index Fund, its investment strategies, major components, associated risks, and its performance during the observed period. Components influencing the fund's performance include the movement of its constituents, ESG rating, market conditions, and the investment strategy it employs. Through a detailed analysis of the Fidelity US Sustainability Index Fund prospectus and other relevant information, this paper provides a comprehensive understanding of the factors that have influenced the fund's strategy, performance, risks, and constituent selection. Less

• Keywords: ESG; tržište održivih ulaganja; ESG investicijski fondovi; strategijska analiza; ekološki; društveni i upravljački čimbenici
• Keywords (english): ESG; sustainable investment market; ESG investment funds; strategic analysis; environmental; social; and governance factors
• Language: croatian
• URN:NBN: urn:nbn:hr:148:963128
• Study programme: Title: Business Economics; Study programme type: university; Study level: integrated undergraduate and graduate; Academic / professional title: sveučilišni magistar ekonomije/sveučilišna magistra ekonomije (sveučilišni magistar ekonomije/sveučilišna magistra ekonomije)
• Type of resource: Text
• File origin: Born digital
• Access conditions: Access restricted to students and staff of home institution
• Created on: 2023-10-02 20:34:19