SGPWM: TWO NEW MOOREA FUNDS OBTAIN THE LUXFLAG ESG LABEL

LuxFLAG is an independent, non-profit, international association created in Luxembourg in July 2006. The objective of the LuxFLAG ESG Label is to reassure investors that the labelled funds actually incorporate ESG (Environmental, Social and Governance) criteria throughout the entire investment process.

After obtaining in 2020 a first LuxFLAG label for its funds “ Moorea Fund - Euro Fixed Income " and "Moorea Fund - European Equity Quality Income", SGPWM broadens its range of ESG funds by labeling the funds "Moorea Fund - Asset Management" and "Moorea Fund - Floating Rate Income". This new label is the result of SGPWM's work to combine corporate social responsibility and sustainable financial performance. SGPWM have 430 million euros assets under management labeled with the ESG label from LuxFLAG (at the end of December 2020).

The signing of the United Nations Principles for Responsible Investment (UN PRI) during summer 2020 also illustrates SGPWM's strong commitment to more responsible asset management and its desire to accompany its clients towards greater sustainability.

UN PRI are the most important international initiative on responsible investment. Their objective are to encourage the integration of environmental, social and governance (ESG) factors into investors' investment and ownership decisions. Investment decisions are based on a comprehensive approach combining fundamental and extra-financial analysis of companies.

“This new labeling marks an important step for Societe Generale Private Wealth Management. It demonstrates our determination to approach investments in a different way and affirms our desire to offer a complete range of SRI solutions developed for private investors. We are committed to continuing this dynamic transformation of our MOOREA FUND platform towards strategies dedicated to sustainable and responsible investments”. comments Alexandre Cegarra, CEO Societe Generale Private Wealth Management.

“We are pleased to announce that, the « Moorea Fund – Gestion Patrimoniale » and « Moorea Fund – Floating Rate Income » have been granted the use of LuxFLAG ESG Label for a period starting on 01 January 2021 and ending on 31 Dec 2021. The LuxFLAG ESG Label is recognized for its high standards and rigorous assessment of applicant investment funds’ investment strategy, ESG integration into the investment process as well as an affirmation of their transparency to investors which are all key components of the Eligibility Criteria of LuxFLAG ESG Label”. Said Sachin Vankalas, General Manager of LuxFLAG.

"Moorea Fund - Gestion Patrimoniale" is a fund based on an unconstrained and opportunistic "Total Return" strategy that takes advantage of variable market conditions. The management implemented has a particularly innovative character with the combination of two complementary sources of return: a bond management complemented by an opportunistic diversification in structured products. The fund's philosophy is to seek stable and regular performance while controlling risk throughout the economic cycle.

"Moorea Fund - Floating Rate Income" is a bond fund designed to take advantage of a rising interest rate environment by investing primarily in floating-rate instruments. The fund aims to deliver yield and capital growth through dynamic exposure to euro-denominated floating-rate debt instruments. The fund invests mainly in Investment Grade bonds issued by companies, governments or public institutions. The average duration of the portfolio is kept below one.

Press contact:
Sandrine Brel - +352 47 93 11 52 04 - sandrine.brel@socgen.com
@SG_presse

Societe Generale Private Wealth Management (SGPWM)

SGPWM is Societe Generale Luxembourg's asset management company, offering dedicated investment solutions to large institutional and retail investors. SGPWM has been managing the Moorea Fund Sicav since 2008.

For more information, you can visit our website
https://sgpwm.societegenerale.com

Societe Generale Private Banking

Societe Generale Private Banking, the Societe Generale group’s wealth management arm, is one of Europe’s leading private banks, with EUR 119 billion of assets under management at the end of December 2019.

With 2,500 staff in 15 countries around the world, Societe Generale Private Banking offers expertise in wealth management solutions to entrepreneurs and High Net Worth Individuals, giving access to a comprehensive range of expertise: wealth planning, financing, corporate solutions, investment solutions, portfolio management, art & philanthropy advisory.

The expertise of its private banking teams in wealth planning, investment advisory and financing solutions regularly receives Awards. In 2019 and 2020, the bank was voted:

• Outstanding Customer Relationship Service and Engagement in Switzerland (Private Banker International 2020)

• Outstanding Private Bank – Western Europe (Private Banker International 2020)

• Outstanding Private Bank for Customer Relationship, Servicing and Engagement (Private Banker International 2020)

• Outstanding Private Bank for Philanthropy Proposition (Private Banker International 2020)

• Best Private Bank for Succession Planning 2020 (PWM/The Banker Private Banking Awards 2020)

• Best Credit Provider (WealthBriefing European Awards 2020)

• Best UHNW Team (WealthBriefing European Awards 2020)

• Best Private Bank – Talent Management (WealthBriefing Swiss Awards 2020)

• Private Bank – Best Credit Provider (WealthBriefing Swiss Awards 2020)

Societe Generale Luxembourg

Present since 1893, Societe Generale Luxembourg is the oldest foreign banking institution in the Grand Duchy. Since it first opened its doors, SG Luxembourg has contributed to the development of Luxembourg's industry and has thus been able to play a role in its emergence as an international financial center. Drawing on its considerable experience, SG Luxembourg has developed all the capabilities of a multi-specialist bank. It offers services to business customers, institutional investors (Securities Services) and high net worth individuals (Private Banking) via its active trading room. Private Banking operates across continental Europe through its institutions in Luxembourg, Switzerland, Monaco, Italy and Germany.

Over 125 years, the bank has demonstrated financial solidity and durability. In an increasingly challenging environment amidst ongoing regulatory change, today Societe Generale is ranked third Luxembourg bank in terms of net income, the fourth largest in terms of balance sheet and the sixth largest banking employer with more than 1,200 employees.

For more information, visit our web site www.societegenerale.lu

Societe Generale

Societe Generale is one of the leading European financial services groups. Based on a diversified and integrated banking model, the Group combines financial strength and proven expertise in innovation with a strategy of sustainable growth. Committed to the positive transformations of the world’s societies and economies, Societe Generale and its teams seek to build, day after day, together with its clients, a better and sustainable future through responsible and innovative financial solutions.

Active in the real economy for over 150 years, with a solid position in Europe and connected to the rest of the world, Societe Generale has over 138,000 members of staff in 62 countries and supports on a daily basis 29 million individual clients, businesses and institutional investors around the world by offering a wide range of advisory services and tailored financial solutions. The Group is built on three complementary core businesses:

• French Retail Banking which encompasses the Societe Generale, Credit du Nord and Boursorama brands. Each offers a full range of financial services with omnichannel products at the cutting edge of digital innovation;

• International Retail Banking, Insurance and Financial Services to Corporates, with networks in Africa, Russia, Central and Eastern Europe and specialised businesses that are leaders in their markets;

• Global Banking and Investor Solutions, which offers recognised expertise, key international locations and integrated solutions.

Societe Generale is included in the principal socially responsible investment indices: DJSI (World and Europe), FTSE4Good (Global and Europe), Euronext Vigeo (World, Europe and Eurozone), four of the STOXX ESG Leaders indices, and the MSCI Low Carbon Leaders Index.

For more information, you can follow us on Twitter @societegenerale or visit our website www.societegenerale.com