Business Description
Sparinvest SICAV - Ethical Global Value is a globally focused stock fund, based in Luxembourg and operating since May 2008, that is run by Sparinvest Fondsmaeglerselskab A/S. The fund carefully selects undervalued companies from a wide range of industries around the world, using thorough research and individual stock analysis to build its portfolio. It avoids businesses involved in alcohol, tobacco, gambling, weapons, pornography, or any activities that conflict with international standards such as the UN Global Compact and OECD guidelines on human rights, labor, the environment, and anti-corruption. Its results are measured against the MSCI World Index.