Fund page

MICROBANK FONDO ETICO, FI

Manager

CAIXABANK ASSET MANAGEMENT SGIIC, S.A. See the CNMV manager universe →

Full portfolio

Every position in the latest periodic filing, largest weight first. Aggregates ("other equities...") are baskets of small positions the filing itself does not break out line by line.

105

Company Type Country Weight Price

ACCIONES|ASML HOLDING NV NL0010273215 · EUR Renta Variable Cotizada NL 4.69% —

ACCIONES|INTESA SANPAOLO SPA IT0000072618 · EUR Renta Variable Cotizada IT 3.13% —

SPAIN GOVERNMENT BON ES0000012I24 · EUR Deuda Publica Cotizada Mas 1 Anio ES 2.47% —

SPAIN GOVERNMENT BON ES0000012K61 · EUR Deuda Publica Cotizada Mas 1 Anio ES 2.47% —

ACCIONES|SCHNEIDER ELECTRIC S FR0000121972 · EUR Renta Variable Cotizada FR 2.29% —

ACCIONES|L´OREAL SA FR0000120321 · EUR Renta Variable Cotizada FR 2.12% —

ACCIONES|NOVO NORDISK A/S DK0062498333 · DKK Renta Variable Cotizada DK 2.07% —

ACCIONES|KBC GROUP NV BE0003565737 · EUR Renta Variable Cotizada BE 2.06% —

ITALY CERTIFICATI DI IT0005451361 · EUR Deuda Publica Cotizada Mas 1 Anio IT 2.06% —

ACCIONES|AXA SA FR0000120628 · EUR Renta Variable Cotizada FR 1.97% —

ACCIONES|ROCHE HOLDING AG CH0012032048 · CHF Renta Variable Cotizada CH 1.95% —

ACCIONES|RELX PLC GB00B2B0DG97 · GBP Renta Variable Cotizada GB 1.81% —

ACCIONES|ABB LTD CH0012221716 · CHF Renta Variable Cotizada CH 1.46% —

ITALY BUONI POLIENNA IT0005323032 · EUR Deuda Publica Cotizada Mas 1 Anio IT 1.38% —

NATWEST GROUP PLC XS2898838516 · EUR Renta Fija Cotizada Mas 1 Anio XS 1.32% —

ACCIONES|UNILEVER PLC GB00BVZK7T90 · GBP Renta Variable Cotizada GB 1.30% —

ACCIONES|CRH PLC IE0001827041 · GBP Renta Variable Cotizada IE 1.30% —

INTESA SANPAOLO SPA XS2317069685 · EUR Renta Fija Cotizada Mas 1 Anio XS 1.24% —

ITALY BUONI POLIENNA IT0005580045 · EUR Deuda Publica Cotizada Mas 1 Anio IT 1.24% —

ACCIONES|INDUSTRIA DE DISENO ES0148396007 · EUR Renta Variable Cotizada ES 1.21% —

ACCIONES|BANCO SANTANDER SA ES0113900J37 · EUR Renta Variable Cotizada ES 1.20% —

NATWEST GROUP PLC XS3069320714 · EUR Renta Fija Cotizada Mas 1 Anio XS 1.18% —

ITALY BUONI POLIENNA IT0005274805 · EUR Deuda Publica Cotizada Mas 1 Anio IT 1.15% —

ACCIONES|PROSUS NV NL0013654783 · EUR Renta Variable Cotizada NL 1.14% 38.30 EUR

ITALY BUONI POLIENNA IT0005094088 · EUR Deuda Publica Cotizada Mas 1 Anio IT 1.13% —

ITALY BUONI POLIENNA IT0005240350 · EUR Deuda Publica Cotizada Mas 1 Anio IT 1.08% —

ACCIONES|LONZA GROUP AG CH0013841017 · CHF Renta Variable Cotizada CH 1.08% —

ACCIONES|NATIONAL GRID PLC GB00BDR05C01 · GBP Renta Variable Cotizada GB 1.07% —

CAIXABANK SA XS2434702424 · EUR Renta Fija Cotizada Mas 1 Anio XS 1.06% —

ACCIONES|MERCK KGAA DE0006599905 · EUR Renta Variable Cotizada DE 1.04% —

ACCIONES|CAPGEMINI SE FR0000125338 · EUR Renta Variable Cotizada FR 1.00% —

COOPERATIEVE RABOBAN XS2168285000 · EUR Renta Fija Cotizada Mas 1 Anio XS 0.98% —

ACCIONES|AIR LIQUIDE SA FR0000120073 · EUR Renta Variable Cotizada FR 0.97% —

ACCIONES|EDP RENOVAVEIS SA ES0127797019 · EUR Renta Variable Cotizada ES 0.95% —

ACCIONES|SAMPO OYJ FI4000552500 · EUR Renta Variable Cotizada FI 0.92% —

ACCIONES|LVMH MOET HENNESSY L FR0000121014 · EUR Renta Variable Cotizada FR 0.89% —

CAIXABANK SA XS2310118976 · EUR Renta Fija Cotizada Mas 1 Anio XS 0.86% —

CAIXABANK SA XS3103589670 · EUR Renta Fija Cotizada Mas 1 Anio XS 0.85% —

ING GROEP NV XS2350756446 · EUR Renta Fija Cotizada Mas 1 Anio XS 0.85% —

INTESA SANPAOLO SPA XS2592650373 · EUR Renta Fija Cotizada Mas 1 Anio XS 0.83% —

BOOKING HOLDINGS INC XS3070032878 · EUR Renta Fija Cotizada Mas 1 Anio XS 0.82% —

NORDEA BANK ABP XS3215430060 · EUR Renta Fija Cotizada Mas 1 Anio XS 0.81% —

SOCIETE GENERALE SA FR0014002QE8 · EUR Renta Fija Cotizada Mas 1 Anio FR 0.78% —

EDP SA PTEDPROM0029 · EUR Renta Fija Cotizada Mas 1 Anio PT 0.78% —

MUENCHENER RUECKVERS XS2381261424 · EUR Renta Fija Cotizada Mas 1 Anio XS 0.77% —

SPAIN GOVERNMENT BON ES0000012J07 · EUR Deuda Publica Cotizada Mas 1 Anio ES 0.76% —

KBC GROUP NV BE0002951326 · EUR Renta Fija Cotizada Mas 1 Anio BE 0.76% —

INTESA SANPAOLO SPA XS2804485915 · EUR Renta Fija Cotizada Mas 1 Anio XS 0.76% —

BANK OF IRELAND GROU XS2311407352 · EUR Renta Fija Cotizada Mas 1 Anio XS 0.75% —

ITALY BUONI POLIENNA IT0005584856 · EUR Deuda Publica Cotizada Mas 1 Anio IT 0.75% —

UBS GROUP AG CH1433241192 · EUR Renta Fija Cotizada Mas 1 Anio CH 0.75% —

AIB GROUP PLC XS2343340852 · EUR Renta Fija Cotizada Mas 1 Anio XS 0.73% —

ACCIONES|SANOFI SA FR0000120578 · EUR Renta Variable Cotizada FR 0.73% —

AUTONOMOUS COMMUNITY ES00001010R3 · EUR Deuda Publica Cotizada Mas 1 Anio ES 0.72% —

BANKINTER SA ES0213679OF4 · EUR Renta Fija Cotizada Mas 1 Anio ES 0.70% —

ACCIONES|ADIDAS AG DE000A1EWWW0 · EUR Renta Variable Cotizada DE 0.70% —

ORANGE SA FR00140005L7 · EUR Renta Fija Cotizada Mas 1 Anio FR 0.69% —

AUTONOMOUS COMMUNITY ES0000101966 · EUR Deuda Publica Cotizada Mas 1 Anio ES 0.69% —

XUNTA DE GALICIA ES0001352592 · EUR Deuda Publica Cotizada Mas 1 Anio ES 0.69% —

ENEL FINANCE INTERNA XS2353182020 · EUR Renta Fija Cotizada Mas 1 Anio XS 0.67% —

CARREFOUR SA FR0014010M61 · EUR Renta Fija Cotizada Mas 1 Anio FR 0.65% —

ACCIONES|KERRY GROUP PLC IE0004906560 · EUR Renta Variable Cotizada IE 0.65% —

AIB GROUP PLC XS3027988933 · EUR Renta Fija Cotizada Mas 1 Anio XS 0.63% —

ITALY BUONI POLIENNA IT0005519787 · EUR Deuda Publica Cotizada Mas 1 Anio IT 0.61% —

ITALY BUONI POLIENNA IT0005595803 · EUR Deuda Publica Cotizada Mas 1 Anio IT 0.59% —

SWISSCOM FINANCE BV XS3099153051 · EUR Renta Fija Cotizada Mas 1 Anio XS 0.58% —

GENERALI XS2201857534 · EUR Renta Fija Cotizada Mas 1 Anio XS 0.57% —

TELEFONICA EUROPE BV XS2410367747 · EUR Renta Fija Cotizada Mas 1 Anio XS 0.57% —

BANKINTER SA ES0213679JR9 · EUR Renta Fija Cotizada Mas 1 Anio ES 0.56% —

ERSTE GROUP BANK AG AT0000A2RAA0 · EUR Renta Fija Cotizada Mas 1 Anio AT 0.54% —

ACCIONES|ORSTED AS DK0060094928 · DKK Renta Variable Cotizada DK 0.54% —

AIR LIQUIDE FINANCE FR001400Y969 · EUR Renta Fija Cotizada Mas 1 Anio FR 0.51% —

INTESA SANPAOLO SPA XS2304664167 · EUR Renta Fija Cotizada Menos 1 Anio XS 0.50% —

ERSTE GROUP BANK AG AT0000A2GH08 · EUR Renta Fija Cotizada Mas 1 Anio AT 0.50% —

GENERALI XS2357754097 · EUR Renta Fija Cotizada Mas 1 Anio XS 0.49% —

NATWEST GROUP PLC XS2307853098 · EUR Renta Fija Cotizada Mas 1 Anio XS 0.49% —

TELEFONICA EUROPE BV XS2293060658 · EUR Renta Fija Cotizada Mas 1 Anio XS 0.48% —

VISA INC XS3063724325 · EUR Renta Fija Cotizada Mas 1 Anio XS 0.45% —

BANCO BPM SPA IT0005632267 · EUR Renta Fija Cotizada Mas 1 Anio IT 0.44% —

ORANGE SA FR0013534484 · EUR Renta Fija Cotizada Mas 1 Anio FR 0.44% —

ERSTE GROUP BANK AG AT0000A2J645 · EUR Renta Fija Cotizada Mas 1 Anio AT 0.43% —

VERIZON COMMUNICATIO XS2176560444 · EUR Renta Fija Cotizada Mas 1 Anio XS 0.43% —

COCA-COLA EUROPACIFI XS2264977146 · EUR Renta Fija Cotizada Mas 1 Anio XS 0.42% —

AXA SA XS2314312179 · EUR Renta Fija Cotizada Mas 1 Anio XS 0.42% —

CAIXABANK SA XS2346253730 · EUR Renta Fija Cotizada Mas 1 Anio XS 0.41% —

UNICREDIT SPA IT0005598971 · EUR Renta Fija Cotizada Mas 1 Anio IT 0.41% —

ACCIONES|COMPASS GROUP PLC GB00BD6K4575 · GBP Renta Variable Cotizada GB 0.40% —

SPAIN GOVERNMENT BON ES0000012F76 · EUR Deuda Publica Cotizada Mas 1 Anio ES 0.39% —

BANQUE FEDERATIVE DU XS1385945131 · EUR Renta Fija Cotizada Menos 1 Anio XS 0.37% —

BANKINTER SA ES0213679OT5 · EUR Renta Fija Cotizada Mas 1 Anio ES 0.37% —

CARREFOUR SA FR0014009DZ6 · EUR Renta Fija Cotizada Menos 1 Anio FR 0.36% —

CREDIT MUTUEL ARKEA FR0013517307 · EUR Renta Fija Cotizada Mas 1 Anio FR 0.35% —

CAIXABANK SA XS2297549391 · EUR Renta Fija Cotizada Mas 1 Anio XS 0.34% —

E.ON SE XS2327420977 · EUR Renta Fija Cotizada Mas 1 Anio XS 0.34% —

AXA SA XS3043537169 · EUR Renta Fija Cotizada Mas 1 Anio XS 0.33% —

NORDEA BANK ABP XS2828791074 · EUR Renta Fija Cotizada Mas 1 Anio XS 0.30% —

DIAGEO CAPITAL BV XS2240063730 · EUR Renta Fija Cotizada Mas 1 Anio XS 0.28% —

SOCIMI|SEGRO PLC GB00B5ZN1N88 · GBP Renta Variable Cotizada GB 0.27% —

ACCIONES|DSM-FIRMENICH AG CH1216478797 · EUR Renta Variable Cotizada CH 0.26% —

LVMH MOET HENNESSY L FR001400KJP7 · EUR Renta Fija Cotizada Mas 1 Anio FR 0.22% —

AIB GROUP PLC XS2823235085 · EUR Renta Fija Cotizada Mas 1 Anio XS 0.20% —

NORDEA BANK ABP XS2321526480 · EUR Renta Fija Cotizada Mas 1 Anio XS 0.16% —

BPCE SA FR001400I7P8 · EUR Renta Fija Cotizada Mas 1 Anio FR 0.16% —

ACCIONES|MAGNUM ICE CREAM CO NL0015002MS2 · GBP Renta Variable Cotizada NL 0.07% —

ACCIONES|HSBC HOLDINGS PLC GB0005405286 · GBP Renta Variable Cotizada GB 0.00% —

This period's moves

H2 2025 vs H1 2025 (estimated)

New: 5 Exits: 7 Increases: 13 Cuts: 6

+ ACCIONES|UNILEVER PLC

Enters the portfolio at 1.30% weight.

View company page →

+ NORDEA BANK ABP

Enters the portfolio at 0.81% weight.

View company page →

+ SPAIN GOVERNMENT BON

Enters the portfolio at 0.76% weight.

View company page →

+ ITALY BUONI POLIENNA

Enters the portfolio at 0.59% weight.

View company page →

+ ACCIONES|MAGNUM ICE CREAM CO

Enters the portfolio at 0.07% weight.

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− ITALY BUONI POLIENNA

Leaves the portfolio; it was 1.83% of weight.

− ACCIONES|UNILEVER PLC

Leaves the portfolio; it was 1.00% of weight.

− INMOBILIARIA COLONIA

Leaves the portfolio; it was 0.97% of weight.

− BNP PARIBAS SA

Leaves the portfolio; it was 0.77% of weight.

− LOGICOR FINANCING SA

Leaves the portfolio; it was 0.54% of weight.

− CAIXABANK SA

Leaves the portfolio; it was 0.37% of weight.

− HOLCIM FINANCE LUXEM

Leaves the portfolio; it was 0.32% of weight.

▲ ACCIONES|PROSUS NV

Goes from 0.38% to 1.14%.

Prosus N.V. engages in the e-commerce and internet businesses in Asia, Europe, Latin America, North America, and internationally. It operates internet platforms, such as classifieds, payments and fintech, etail, food delivery, education technology, Etail, ventures, tencent, and other platforms. It also provides online food delivery service. The company was formerly known as Myriad International Holdings N.V. and changed its name to Prosus N.V. Prosus N.V. was incorporated in 1994 and is headquartered in Amsterdam, the Netherlands.

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▲ ACCIONES|MERCK KGAA

Goes from 0.41% to 1.04%.

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▲ ACCIONES|ASML HOLDING NV

Goes from 4.08% to 4.69%.

View company page →

▲ ITALY BUONI POLIENNA

Goes from 0.54% to 1.13%.

View company page →

▲ ACCIONES|KBC GROUP NV

Goes from 1.64% to 2.06%.

View company page →

▲ ACCIONES|ROCHE HOLDING AG

Goes from 1.55% to 1.95%.

View company page →

▲ ACCIONES|EDP RENOVAVEIS SA

Goes from 0.58% to 0.95%.

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▲ ACCIONES|BANCO SANTANDER SA

Goes from 0.85% to 1.20%.

View company page →

▲ ACCIONES|CRH PLC

Goes from 0.96% to 1.30%.

View company page →

▲ ACCIONES|NATIONAL GRID PLC

Goes from 0.75% to 1.07%.

View company page →

▲ ACCIONES|LVMH MOET HENNESSY L

Goes from 0.62% to 0.89%.

View company page →

▲ ACCIONES|INDUSTRIA DE DISENO

Goes from 0.96% to 1.21%.

View company page →

▲ ITALY BUONI POLIENNA

Goes from 0.53% to 0.75%.

View company page →

▼ ITALY BUONI POLIENNA

Goes from 2.01% to 1.15%.

View company page →

▼ ACCIONES|L´OREAL SA

Goes from 2.73% to 2.12%.

View company page →

▼ ACCIONES|AIR LIQUIDE SA

Goes from 1.55% to 0.97%.

View company page →

▼ ACCIONES|AXA SA

Goes from 2.34% to 1.97%.

View company page →

▼ ACCIONES|NOVO NORDISK A/S

Goes from 2.40% to 2.07%.

View company page →

▼ ACCIONES|RELX PLC

Goes from 2.03% to 1.81%.

View company page →

Fixed income

Declared FI exposure

71.8 M €

% of portfolio

51.8%

Positions

Issuers

Sovereign: 24.2 M € Corporate: 47.6 M €

Maturity ladder

Observed contractual maturity of each position, repos excluded. Matured/≤3 months includes bonds maturing in the first days after the period close.

13% 30% 34% 18%

Matured or ≤3 months · 1.7%6-12 months · 0.7%1-2 years · 13.3%2-5 years · 30.2%5-10 years · 33.6%> 10 years · 17.9%Unknown · 2.7%

Maturity Positions Exposure %

Matured or ≤3 months 2 1.2 M € 1.7%

3-6 months 0 0 € 0.0%

6-12 months 1 493,737 € 0.7%

1-2 years 9 9.5 M € 13.3%

2-5 years 23 21.7 M € 30.2%

5-10 years 25 24.1 M € 33.6%

> 10 years 11 12.8 M € 17.9%

Unknown 2 2.0 M € 2.7%

Top issuers

The 10 issuers with the largest declared exposure in this fund, repos excluded.

Issuer Type ISINs Exposure Next maturity

Repubblica Italiana Sovereign 9 13.8 M € 2027-02-15

Reino de España Sovereign 4 8.4 M € 2030-04-30

CAIXABANK SA Bank 5 4.9 M € 2028-01-21

INTESA SANPAOLO SPA Corporate 4 4.6 M € 2026-02-24

NATWEST GROUP Corporate 3 4.1 M € 2030-02-26

BANKINTER, S.A. Bank 3 2.3 M € 2027-10-06

AIB GROUP PLC Corporate 3 2.2 M € 2027-11-17

ERSTE GROUP BANK AG Corporate 3 2.0 M € 2027-05-13

AUTONOMOUS COMMUNITY Sovereign 2 2.0 M € —

NORDEA BANK ABP Corporate 3 1.8 M € 2028-10-23

Top instruments

The 10 instruments with the largest declared exposure. No yield, IRR or rating: there's no reliable data to compute them.

ISIN Coupon Maturity Exposure

ES0000012I24 Reino de España 0.85% 2037-07-30 3.4 M €

ES0000012K61 Reino de España 2.55% 2032-10-31 3.4 M €

IT0005451361 Repubblica Italiana 2.89% 2029-04-15 2.8 M €

IT0005323032 Repubblica Italiana 2.00% 2028-02-01 1.9 M €

XS2898838516 NATWEST GROUP 3.58% 2032-09-12 1.8 M €

XS2317069685 INTESA SANPAOLO SPA 0.75% 2028-03-16 1.7 M €

IT0005580045 Repubblica Italiana 2.95% 2027-02-15 1.7 M €

XS3069320714 NATWEST GROUP 3.98% 2036-05-13 1.6 M €

IT0005274805 Repubblica Italiana 2.05% 2027-08-01 1.6 M €

IT0005094088 Repubblica Italiana 1.65% 2032-03-01 1.6 M €

This period's fixed-income moves

Compares the current fixed-income portfolio with the previous period, by ISIN. An exit that coincides with maturity isn't a sale: the bond reached its contractual date.

New positions: 3 Exits at maturity: 2 Exits not explained by maturity: 4

+ NORDEA BANK ABP

Enters the portfolio at 0.81% weight.

+ SPAIN GOVERNMENT BON

Enters the portfolio at 0.76% weight.

+ ITALY BUONI POLIENNA

Enters the portfolio at 0.59% weight.

− ITALY BUONI POLIENNA

Leaves the portfolio; it was 1.83% of weight.

− BNP PARIBAS SA

Leaves the portfolio; it was 0.77% of weight.

− CAIXABANK SA

Leaves the portfolio; it was 0.37% of weight.

− HOLCIM FINANCE LUXEM

Leaves the portfolio; it was 0.32% of weight.

◦ INMOBILIARIA COLONIA

Leaves the portfolio; it was 0.97% of weight.

◦ LOGICOR FINANCING SA

Leaves the portfolio; it was 0.54% of weight.

Disclaimer

This is not financial advice. The portfolio comes from the periodic report the fund files with the CNMV and lags the real close of the period: it is a snapshot of the end of each half-year, not a real-time portfolio.