Evli Plc Class B · OMXHEX:EVLI
Evli Plc Class B — Fact Sheet (February 2025)
54 slides from Evli Plc Class B's fact sheet, Feb 27, 2025
Slide 1: Evli GEM
EVLI GEM 27.02.2025 ISIN: FI4000518816 INSTITUTIONAL ACCUMULATING SERIES This is marketing material for the fund and is not intended as investment advice or recommendation. Before making an investment decision, the investor must read the fund's key information document and other statutory informatio
Slide 2: Evli in Brief
2 EVLI IN BRIEF “We see wealth as an engine to drive sustainable progress.” CONFIDENTIAL
Slide 3: Evli Plc
3 ASSETS UNDER MANAGEMENT (EUR MARKET POSITION AS INSTITUTIONAL Evli Plc BILLION) DECEMBER 31, 2024 ASSET MANAGER (KANTAR PROSPERA 2024) Evli Plc is a Finnish independent investment service 18.9 1. company with a nearly 40-year operating history. We are currently Finland's leading institutional asse
Slide 4: Evli's mutual funds
4 Evli’s mutual funds FUND AUM (EUR BILLION) NUMBER OF FUNDS Funds are managed by Evli Fund Management DECEMBER 31, 2024 Company Ltd, which is a Finnish fund management company. Evli Fund Management Company is part of 13.4 64 Evli Group whose parent company is Evli Plc. Morningstar, an independent f
Slide 5: Award-winning asset management from Evli
5 Award-winning asset management from Evli Evli has been leading Kantar Prospera’s survey for 12 consecutive years in a row1. In the SFR Research’s Institutional Investment Services survey, Evli has been ranked first for five years and second place for three, based on the overall quality assessment2
Slide 6: Successful Equity Fund Management
6 SUCCESSFUL EQUITY FUND MANAGEMENT The Results of Evli’s Global equities family of funds CONFIDENTIAL
Slide 7: Strong track record
7 Strong track record Past returns are no guarantee of future returns. – Award-winning portfolio management: Quartile rankings 31.12.2024* – Nine consecutive years as an Awards nominee 2015-2023 (Morningstar/ Lipper/ Citywire) 3 years 5 years 10 years – Awards winner in 2017, 2018, 2020, 2021, Evli
Slide 8: Why invest in this fund?
8 WHY INVEST IN THIS FUND? Evli GEM CONFIDENTIAL
Slide 9: Evli GEM IB – key figures
9 Evli GEM IB – key figures FUND SIZE, EUR MILLION FUND STARTING DATE 30.12.2024 Past returns are no guarantee of future returns. 215.1 25.1.2016 – Evli GEM is an equity fund that invests its assets primarily in emerging markets equities NUMBER OF HOLDINGS ACTIVE SHARE % – Since launch, the fund has
Slide 10: Investment Philosophy and Process
10 INVESTMENT PHILOSOPHY AND PROCESS Evli GEM CONFIDENTIAL
Slide 11: Investment philosophy
11 Investment philosophy – Cash is King. Invest in companies with good long-term cash flow characteristics and strong debt coverage – See the world as it is. Focus on what company management has done, not what they say they will do – Don’t overpay. In company valuation, use cautious assumptions. It
Slide 12: Investment strategy
12 Investment strategy – Focus on companies that 3. Growth –Generate cash flow 4. Caution* 2. Cash flows –Have strong debt coverage –Are underpriced – Bottom-up approach –No benchmark, sector, geographical or market cap constraints – Investment universe: 1. Time 5. Debt coverage –Emerging and fronti
Slide 13: Find free cash flow and don't overpay
13 Find free cash flow and don’t overpay We invest in companies that generate cash flow, have strong debt coverage, and are Stock selection underpriced No benchmark, sector or geographical constraints. Sector and country weights are a Active result of stock selection. Focuses mainly on equity market
Slide 14: Workflow
14 Workflow SCREENING RESEARCH PORTFOLIO ~ 26,000 ~ 100 companies Equal weights companies Investment universe: Share liquidity analysis Construction and risk control: – GEM/Frontier Cash flow analysis: – Adequate diversification with a minimum of 20 holdings Stock screen: – Stability – Stock positio
Slide 15: ESG integration
15 ESG integration – Focus on companies that generate free cash flow, have strong debt coverage, and are underpriced – Integration of ESG related cash outflows that are material, probable and quantifiable ENVIRONMENT Restoration, rehabilitation, possible engagement within FINANCIAL STATEMENT ANALYSI
Slide 16: ESG examples - Evli Global Equities Team
16 ESG examples - Evli Global Equities Team ENVIRONMENTAL Researching a mining company, PM became aware of serious environmental violations and handed the company over to RI Team for further analysis. Process led to conduct-based exclusion of company from Evli’s investment universe. SOCIAL A large r
Slide 17: Portfolio management team
17 Portfolio management team Hans-Kristian Sjöholm Wilhelm Bruun Marjaana Haataja Kati Viljakainen PORTFOLIO MANAGER, PORTFOLIO MANAGER, PORTFOLIO MANAGER, PORTFOLIO MANAGER, GLOBAL EQUITIES, SINCE 2010 GLOBAL EQUITIES, SINCE 2010 GLOBAL EQUITIES, SINCE 2011 GLOBAL EQUITIES, SINCE 2011 M.Soc.Sc. (Ec
Slide 18: Evli GEM in a nutshell
18 Evli GEM in a nutshell Type of Fund International equity fund(UCITS) Benchmark MSCI Emerging Markets TR Net USD Fund Units Both distribution (A) and growth units (B & B USD), institutional share class available (IB) Bloomberg/ISIN B-units EUR: EVLGEMB FH / FI4000153697 (no dividend) IB-units EVEG
Slide 19: Evli's Global Equities family of funds
19 Evli’s Global Equities family of funds – Our family of funds using the same investment philosophy consists of seven funds investing in different geographical areas: – Evli Europe (current strategy since 1 April 2010) – Evli Global (current strategy since 31 May 2011) – Evli North America (current
Slide 20: Considerations and risk factors
20 Considerations and risk factors The aim is to earn a return which, in the long term, exceeds the return of the benchmark index. As the fund’s return expectation and risk level are high, we recommend the fund to experienced investors with long investment horizons. All the fund’s assets are investe
Slide 21: What opportunities does the market currently offer?
21 WHAT OPPORTUNITIES DOES THE MARKET CURRENTLY OFFER? Evli GEM CONFIDENTIAL
Slide 22: Characteristics 31.12.2024
22 Characteristics 31.12.2024 Past returns are no guarantee of future returns. Fund Evli Global Evli Europe Evli N. America Evli Japan Evli Nordic Evli GEM Return on Equity, % 16.7 13.2 13.5 9.0 12.5 13.7 Debt-to-Equity, % 71.1 53.3 47.1 16.4 55.2 26.2 Price-to-Earnings 16.6 12.6 16.4 12.9 11.8 11.1
Slide 23: Characteristics 31.12.2024
23 Characteristics 31.12.2024 Lightly colored circles denote MSCI benchmarks ex Financials. Price and company data: Bloomberg. Index member data: MSCI. Fundamental data as of latest reported period if available, else latest reported fiscal year, 12-month rolling basis where applicable. Data aggregat
Slide 24: Valuation – GEM research list
24 Valuation – GEM research list Emerging Market Research List 15 14 13 12 Free Cash Flow Yield 11 10 9 8 7 6 5 4 3 Research list - median Research list - period average MSCI Emerging Markets exFinancials Our fundamental screen evaluates past ability to generate cash over the short- and long-term, a
Slide 25: Track Record and Portfolio Composition
25 TRACK RECORD AND PORTFOLIO COMPOSITION Evli GEM CONFIDENTIAL
Slide 26: Net of fee returns - Since launch
26 Net of fee returns - Since launch Portfolio Benchmark Difference 1 Year 9.23% 17.63% -8.40% 3 Years 24.80% 12.07% 12.73% 5 Years 59.97% 33.22% 26.75% Since launch 135.22% 102.81% 32.41% Since launch, 9.85% 8.08% 1.78% annualized return Portfolio Benchmark Difference Volatility 15.02% 15.66% -0.64
Slide 27: Annual returns, after fees, 28.02.2025
27 Annual returns, after fees, 28.02.2025 Past returns are no guarantee of future returns. 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 Portfolio 31.77% 11.00% -5.40% 19.98% 0.60% 18.51% -13.03% 18.02% 11.43% 3.90% Benchmark 26.60% 20.44% -10.52% 21.06% 8.67% 4.40% -14.95% 6.14% 15.10% 4.16% Di
Slide 28: Net of fee returns - YTD
28 Net of fee returns - YTD Portfolio Benchmark Difference YTD 3.90% 4.16% -0.26% Portfolio Benchmark Difference Volatility 8.23% 10.91% -2.68% Sharpe 0.41 0.34 0.08 Tracking Error 7.50% - - Information Ratio -0.03 - - Beta 0.55 - - The minimum investment for share class Evli GEM IB is EUR 5 000 000
Slide 29: Global emerging stock markets 2024 (EUR)
29 Global emerging stock markets 2024 (EUR) Past returns are no guarantee of future returns. RETURNS BY SECTOR (%) Index Fund Information Technology Communication Services Consumer Discretionary Financials Index Real Estate Fund Utilities Industrials Health Care Energy Consumer Staples Materials -50
Slide 30: Attribution by sector 2024
30 Attribution by sector 2024 ATTRIBUTION EFFECTS AVERAGE WEIGHTS Total Allocation Selection Currency Industrials Portfolio weight Consumer Staples Materials Active weight Utilities Real Estate Energy Consumer Discretionary Health Care Financials Communication Services Information Technology Other a
Slide 31: Global emerging stock markets 2024 (EUR)
31 Global emerging stock markets 2024 (EUR) Past returns are no guarantee of future returns. RETURNS BY COUNTRY (%) Index Fund Taiwan China Malaysia United Arab Emirates Turkey Peru Hungary India South Africa Colombia Greece Index Kuwait Qatar Czech Republic Fund Thailand Saudi Arabia Philippines Ru
Slide 32: Attribution by country 2024
32 Attribution by country 2024 ATTRIBUTION EFFECTS AVERAGE WEIGHTS Total Allocation Selection Currency India Portfolio Turkey weight United Arab Emirates Active weight Poland Saudi Arabia Russia South Korea Colombia Mexico Greece South Africa Malaysia Brazil Indonesia Thailand China Taiwan Other and
Slide 33: Top/Bottom attributors 2024
33 Top/Bottom attributors 2024 Past returns are no guarantee of future returns. TOP ATTRIBUTORS % Port % Active Return, % Attrib., % Cochin Shipyard Ltd (IN) 2.02 2.02 231.57 4.54 Samsung Electronics Co Ltd (KR) 0.00 -3.39 -36.10 2.03 Oracle Financial Services (IN) 1.13 1.12 162.80 1.52 Hisense Home
Slide 34: Portfolio structure 28.02.2025
34 Portfolio structure 28.02.2025 Evli GEM IB CONFIDENTIAL
Slide 35: Top holdings 28.02.2025
35 Top holdings 28.02.2025 10 LARGEST INVESTMENTS % Acter Group Corp Ltd 2.22% BYD Co Ltd 1.92% Emaar Properties PJSC 1.83% Asseco Poland SA 1.77% Mr Price Group Ltd 1.49% MediaTek Inc 1.48% Hyundai Glovis Co Ltd 1.45% Vodacom Group Ltd 1.44% Air Arabia PJSC 1.41% JD.com Inc 1.38% Evli GEM IB CONFID
Slide 36: Companies 30.12.2024 (104 stocks)
36 Companies 30.12.2024 (104 stocks) Consumer Consumer Information Active Communication Services Energy Health Care Industrials Materials Real Estate Utilities Other Portfolio MSCI EM Discretionary Staples Technology Weight Grendene Ambev Brazil TIM /Brazil Petroleo Brasileiro Odontoprev 5.3% 4.1% 1
Slide 37: Portfolio changes 2024
37 Portfolio changes 2024 SECTOR COUNTRY Consumer Discretionary Taiwan China Information Technology South Korea Industrials Brazil India Materials United Arab Emirates Energy Indonesia Greece Communication Services South Africa Real Estate Malaysia Thailand Consumer Staples Turkey Health Care Poland
Slide 38: Portfolio changes 2024
38 Portfolio changes 2024 SIZE NUMBER OF POSITIONS < 2 bn EUR 94 At Beginning of Period 52 Sold 2 - 5 bn EUR 42 Held > 5 bn EUR 62 Bought Other and Cash 104 At End of Period -75% -50% -25% 0% 25% 50% 75% 0 20 40 60 80 100 120 28.12.2023 – 30.12.2024 Sources: Evli, Bloomberg CONFIDENTIAL
Slide 39: Portfolio changes 2024
39 Portfolio changes 2024 BOUGHT (62) BOUGHT cont. SOLD (52) SOLD cont. Acter Group (TW, Industrials) Grupo Mexico (MX, Materials) African Rainbow Minerals (ZA, Materials) Lenovo Group (CN, Information Technology) ADNOC Distribution (AE, Consumer Discretionary) HAESUNG DS (KR, Information Technology
Slide 40: Holdings-based style map
40 Holdings-based style map CONFIDENTIAL
Slide 41: ESG Metrics Q4 2024
EVLI GEM 41 ESG Metrics Q4 2024 Responsibility score BBB Carbon footprint 208 UN Global Compact 0,0 % SFDR classification: Article 8 (t CO2e/M$ sales) fails CURRENT RESPONSIBILITY SCORES CARBON FOOTPRINT AND FOSSIL FUEL RESERVES DEVELOPMENT OF CARBON INTENSITY OF CURRENT INVESTMENTS 99,99997 ES G me
Slide 42: Ambition
42 AMBITION “We want to be the forerunner in responsible wealth management in the Nordics, and in this way help our clients in managing their wealth to support a sustainable future.” CONFIDENTIAL
Slide 43: Evli is a forerunner in Responsible Investing
43 Evli is a forerunner in Signatory of a COP15 initiative ’Moving Together on Nature’ Responsible Investing Signatory of Open Letter to EU leaders Joining the PRI Advance initiative as from investors on a endorser sustainable recovery Signatory of a from COVID-19 joint statement on European Investo
Slide 44: Four pillars of responsible investing at Evli
44 Four pillars of responsible investing at Evli #1 in Sustainable investing according to Finnish institutions 2017-20242 Principles for ESG 1 -integration in Engagement and Reporting Responsible Investment Team Responsible Investment investment process active ownership – Decided by Evli’s – Portfol
Slide 45: Monitoring, engagement and active ownership
45 Monitoring, engagement and active ownership ENGAGEMENT ACTIVITIES 2024 UN Global Compact, the UN Guiding Principles on Business and Human COLLABORATIVE ENGAGEMENT PARTICIPATING IN GENERAL Rights, the OECD Guidelines for Multinational Enterprises and Evli’s climate INITIATIVES MEETINGS principles
Slide 46: Exclusions in practice in all Evli funds
46 Exclusions in practice in all Evli funds – With 0% revenue threshold: – Controversial weapon manufacturers – Companies manufacturing peat for energy production – With 5% revenue threshold: – Tobacco producers, adult entertainment producers and companies practicing controversial lending – With 10%
Slide 47: Evli's climate change principles
47 Evli’s climate change principles 1. Analysis – Monitoring the emissions of companies in Evli’s funds through fund-specific carbon footprints. – Funds’ carbon footprints are also assessed by Evli’s Responsible Investment team. 2. Exclusion – Avoiding1 investments in companies that gain a significa
Slide 48: Evli's climate targets
48 Evli’s climate targets Evli aims for carbon neutrality of its own operations by 2025, and carbon neutrality of investments by 2050 at the latest. The interim target for the investments -50% reduction in indirect emissions from investments by 2030 (compared to 2019). We are aware that a credible l
Slide 49: At your service
49 AT YOUR SERVICE “Our mission is to increase clients' wealth according to their individual targets.” CONFIDENTIAL
Slide 50: At your service
50 At your service – Distinctive and comprehensive reporting - My Evli online service - Monthly fund reviews - Monthly custody statement - All Evli’s market and equity analysis - Quarterly ESG reports – Evli funds present on - Bloomberg, Citywire, Lipper, eVestment, Morningstar, Reuters, Sijoitustut
Slide 51: Important information
51 Important information This marketing material is intended for non-professional and professional clients in Finland, Sweden, Lithuania, Latvia and Estonia. In other jurisdictions this Document is intended only for professional clients. The management company of the fund is Evli Fund Management Com
Slide 52: Disclaimer statement
52 Disclaimer statement Citywire Source and Copyright: Citywire. Hans-Kristian Sjöholm has been 'Euro Stars' AAA rated by Citywire for his 3-year risk adjusted performance, for the period 28/2/2010—28/2/2013. Wilhelm Bruun has been AAA rated by Citywire for his 3-year risk adjusted performance for 1
Slide 53: Disclaimer statement
53 Disclaimer statement Evli This presentation is intended only for the recipient's personal and private use. This material is based on sources that Evli Group (Evli) considers correct and reliable. However, neither Evli nor its employees give any guarantee concerning the correctness, accuracy or co
Slide 54: Evli contact details
LinkedIn – Evli Funds LinkedIn – Evli Funds Facebook – Evli Funds Facebook – Evli Funds Facebook – Evli Funds Message Service X – Evli Funds Message Service X – Evli Funds Message Service X – Evli Funds evli.com evli.com evli.com Evli Plc | Aleksanterinkatu 19 | P.O. Box 1081 | FI-00101 Helsinki, Fi