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A bottom-up investing approach is assessing the fundamentals (e.g. revenue or earnings) at on a company or investment sector basis, rather than the industry or overall economy. The bottom-up investing approach assumes individual companies can perform well even in an industry that is underperforming, and aims to identify opportunities through the characteristics of a company’s features and its valuations in comparison to the market. |
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A long-term change that affects governments, societies and economies permanently over a long period of time. A megatrend drives other trends in financial markets in terms of sales, growth and innovation. |
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Profit producing. |
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| Active management/manager |
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| Benchmark agnostic |
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| Bottom-up |
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| Cash generative |
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| Megatrend |
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Direct greenhouse gas emissions that occur from sources that are controlled or owned by an organisation. |
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| Scope 1 emissions |
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Indirect greenhouse gas emissions associated with the purchase of electricity, steam, heat, or cooling. |
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The manager regularly assesses buy/hold/sell decisions. |
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Total return, when measuring performance, is the actual rate of return of an investment or a pool of investments over a given evaluation period. Total return includes interest, capital gains, dividends, and distributions realised over a period. Total return accounts for two categories of return: income including interest paid by fixed income investments, distributions, or dividends and capital appreciation, representing the change in the market price of an asset. |
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UEM does not judge performance of the fund against a benchmark (e.g., the MSCI Index). |
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| Scope 2 emissions |
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| Total return |
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