We say NO to investments in weapons, tobacco, gambling, nuclear energy, pesticides and genetic engineering. We also exclude companies involved in negative practices in terms of corruption, environmental protection and employment rights.
We also currently exclude the financial, oil and mineral extraction sectors.
We avoid securities issued by countries that have the death penalty or that do not respect civil and press freedom and political rights.
We say YES to opportunities to invest in socially and environmentally responsible countries and businesses with the greatest focus on sustainability and collective wellbeing. Consequently, issuers that make it through the first round of the selection process are analysed in more detail and assessed according to environmental, social and governance criteria. Each issuer is assigned an overall score based on an assessment of dozens of indicators (more than 100 for businesses and 60 for countries).
Only issuers with scores higher than an absolute threshold and which are the best in their sector (“best-in-class” approach) go on to become part of the Investable Universe of the Line’s funds.
 Three SICAV funds of the Luxembourg MULTILABEL SICAV, consisting of GAM (LUXEMBOURG) S.A., Luxembourg, on behalf of Etica Sgr S.p.A, which is the investment manager and global distributor.
Before subscribing, please read the KIDs and Prospectus available from placing agents.
The placement of the “Linea Valori Responsabili” and “Linea Futuri Sostenibili” funds is only available in Italy. For further information, please refer to the Italian version of the website.