Glossar

The EU taxonomy defines guidelines for sustainable investments. It contains criteria for determining whether an economic activity is environmentally sustainable. Both the EU Taxonomy and the Sustainable Finance Disclosure Regulation are part of the EU Sustainable Growth Financing Action Plan. The EU Taxonomy is a science-based green classification system. It defines corporate activities that are considered environmentally sustainable and contribute to environmental goals. Assenagon offers its own investment solution for the investment topic of green corporate activities.

The Total Expense Ratio (TER) expresses the sum of annualised costs and fees (excluding potential performance fees, target fund costs and transaction costs) as a percentage of the average fund volume within the last completed financial year.

The portion of the option price based on the time remaining until the maturity date of the option contract. The time value generally corresponds to the difference between the option price and the intrinsic value of an option.

An indicator of the volatility of the difference between the return of an investment strategy and the return of its benchmark. It is a measure of how much the performance of the strategy is deviating from that of the benchmark.

Charges incurred in an investment fund on the purchase or sale of securities.