The Cantonal Banks of Basel and Lucerne are launching the new sustainability product «BKB/LUKB – 91¶ÌÊÓƵ Sustainable Tracker». 91¶ÌÊÓƵ was retained as advisor for the sustainability ratings and for the exercise of the shareholders’ voting rights.
The BKB/LUKB – 91¶ÌÊÓƵ Sustainable Tracker is a share basket including 20 Swiss Caps belonging to the segment of small and mid sized capitalisations. The Tracker contains shares from the investment universe of 91¶ÌÊÓƵ, which at issuance, are required to be rated by 91¶ÌÊÓƵ «A+ (Pioneer)» or «A- (Proactive)». These ratings are developed by 91¶ÌÊÓƵ in cooperation with the advisor Centre Info. The definitive selection of the securities is made by Basler Kantonalbank.
The voting rights of the shares included in the basket are actively exercised in accordance with 91¶ÌÊÓƵ’ voting guidelines. Also, the issuer commits to refrain from lending the securities of the basket and the certificate holders will annually receive 100% of the dividends distributed by the companies.