{"type":"document","data":{"contentType":"onecms:editorialPage","flexPageMetadata":{"afmBanner":false,"description":"What changes have occurred in the Sustainable strategy?","robotInstruction":{"noFollow":false,"noIndex":false},"taxonomies":{"productTaxonomy":{"taxonomyKeys":["investments-news","ing-monthly-report-nl0014157737"],"taxonomyType":"productTaxonomyContainer"}}},"flexZone":{"flexComponents":[{"componentType":"paragraph","richBody":{"value":"<p>We have reduced the weighting of real estate equities from an overweight position to a neutral position. Real estate is an interest rate‑sensitive sector; property companies are relatively highly leveraged and have seen their financing costs rise as interest rates have increased. Moreover, the strong performance of listed real estate globally this year has been driven almost entirely by US real estate stocks, specifically those linked to data centres. In our view, this segment has also become more vulnerable as interest rates have risen. We have invested the released proceeds in bonds.</p>"}},{"componentType":"sectionTitle","title":"We have implemented these changes"},{"componentType":"paragraph","richBody":{"value":"<p><span><span><span><strong>Positions sold:</strong><br />-</span></span></span></p><p><span><span><span><strong>Positions reduced:</strong></span></span></span></p><p>Northern Trust Real Estate Climate Index Fund</p><p><span><span><span><strong>Positions increased:</strong></span></span></span></p><p>Goldman Sachs Green Bond Fund<span><span><span> </span></span></span></p><p><span><span><span><strong>New positions:</strong></span></span></span></p><p><span><span><span>-</span></span></span></p>"}},{"componentType":"linkList","iconTitle":{"title":"Read more"},"textLinks":[{"text":"All portfolio updates","url":"/en/personal/investing/market-news-and-views/overview-portfolio-updates"},{"text":"Market news and views","url":"/en/personal/investing/market-news-and-views"}]},{"componentType":"sectionTitle","title":"Good to know"},{"componentType":"paragraph","richBody":{"value":"<p>Investing involves risks and costs. The value of your investment may fluctuate. Past performance is no guarantee of future results. <a href=\"http://www.ing.nl/en/personal/investing/investments-at-ing/risks-of-investing\">Read more about the risks of investing.</a></p><p>This publication has been prepared on behalf of ING Bank N.V. and is intended for information purposes only. ING Bank N.V. obtains its information from sources deemed reliable and has taken the utmost care to ensure that the information on which it based its views in this publication was not incorrect or misleading at the time of publication. ING Bank N.V. does not guarantee that the information it uses is accurate or complete. The information contained in this publication may be changed without any form of announcement. Copyright and data file protection rights apply to this publication. Data from this publication may be reproduced provided that the source is stated. ING Bank N.V. has its registered office in Amsterdam, commercial register no. 33031431, and is regulated by the Dutch central bank De Nederlandsche Bank (DNB) and the Netherlands Authority for the Financial Markets (AFM). ING Bank N.V. is part of ING Groep N.V.</p>"}}]},"hasMacro":false,"id":"137ffe91-3c93-4236-bdaf-3468e0e86883","localeString":"en-GB","mainHeaderZone":{"backLink":{"textLink":{"text":"Market news and views","url":"/en/personal/investing/market-news-and-views"}},"componentType":"editorialHeader","coreHeader":{"body":"In the Sustainable strategy, within the Conservative investment profile, we have implemented a few changes for you. The primary objective is to improve the risk-return ratio.","title":"Portfolio update Sustainable strategy"},"date":"2026-06-05","readingTime":2},"publishDate":"2026-06-05T11:56:05.294+02:00"}}