IT funds clean world is a conviction-based fund using stock picking strategy to select stock which are growing and "clean". The fund is invested in 3 major themes, energy, water and waste, which we consider major growth drivers in the future by solving the environmental issue.

1- the clean tech industry growth is driven by:

  - Energy issues generating by energy price increase, fossil energy scarcity and the energy independence of major countries.

  - Fukushima catastrophe push government to review their nuclear strategy and thua rethink their energy mix.

  - Emerging countries demography create huge energy and drinkable water demand and generate growing need to manage waste.

  - Energy efficiency is the best solution to reduce our energy consumption while were ing our needs.

2- IT funds clean world focus in the environmental investment theme ( energy, water and waste). The fund exclude nuclear, natural gas, clean coal. The funds allow to benefit from growth opportunities creatd by innovation and disruptive technologies

3- IT funds clean world invest in renewable energy production to sustainable consumption ( energy efficiency with collective transportation, clean vehicles, intelligent network, energy storage, lighting...)

4- a conviction-based management which rely on our in house research and frequent companies visits.

5- as a boutique, IT Asset Management has the expertise to focus on environmental issues, free of index and region

6- a seasoned investment team with 6 year track record in the clean tech theme and more than 10 years experience in natural resources investment.

The team invests globaly in any stock that positively contributes to the environment. The investment team focuses on three major areas:

1. Energy : from renewable energy production (wind, solar, geothermal, 2nd generation

    biomass) to energy efficiency (smart grids, railways, clean motors, insulation…)

2. Water : from wastewater treatment to clean water distribution

3. Waste : from waste treatment to recycling and recovering

The investment team aims at achieving a significative performance over the long term (5 years minimum). It invests in firms whose main activity is to participate in an active way in the protection of our environment (fighting against climate warming, Co2 emissions…)

To benefit from the growth of those firms while contributing to the global issue of decreasing the impact of human activity on our planet.

Our investment process relies on 4 investment criteria:

1. Turnover : the company must get over 50% of its sales in the environmental area or 25%

     if it is a sector leader.

2. Liquidity : 100% of the stock position must be negotiable in less than 10 days

3. Financial transparency : quarterly communication, accessibility to the management

4. extra-financial criteria to measure the reputational risk of companies (with help of RepRisk,

    a tool developed by Ecofact).

The stock picking relies on an in-depth analysis of each market (trends, maturity, regulatory framework, installed capacities) and related company (business plan, growth outlook, balance sheet, technological choices, management meetings).

Both a fundamental and an industrial approach

In an industry that keeps changing, having a global vision is fundamental to understand oncoming shifts : evolving fiscal policy and regulation, technological innovation or capacity growth, are key to understand each sectors’ long term trend.

A conviction strategy

Our strategy relies on conviction choices coupled with a high degree of flexibility in terms of geographical areas, capitalisations or sectors. We do invest in all countries in order to rapidly benefit from each industry growth potential within each country.

A realy active portfolio management

While aiming at achieving performance over the long term, we need to be reactive and anticipate any fundamental change. This reactivity is based on our analysis of industrial changes running through each sector, technological breakdowns as well as regulations.

Tough stock liquidity risk control

In order to limit risk, the portfolio is diversified both in terms of geographic areas and sectors. Liquidity risk is severely controlled through in-house strict investment criteria set by the management team. In order for a stock to be investible, its entire position needs to be negotiable within less than 10 days. Our in-house databank checks this key criteria and makes calculations on a daily basis.

1. Sector restrictions: nuclear (waste issues), natural gas, clean coal, CO2 storage (more time is required to see the potential benefit of this technology), first generation biofuels (threaten food supply).

2. ECOFACT is a global consulting boutique that has developed RepRisk, a web-based tool which provides insights into environmental and social issues that present financial and reputational risks to companies or investment portfolios.

3. United Nations Global Compact: The management team favours companies that have signed this global compact (it invites companies to align their strategies and operations with fundamental principles in different spheres: human rights, labour, environment, anti-corruption...).