Door 3

Until Christmas, we are presenting the holdings in our funds. Behind window three we find Siegfried, the third-smallest holding in the European fund CB European Quality Fund, and Republic Services, the third-smallest holding in the environmental fund CB Save Earth Fund.

𝐒𝐢𝐞𝐠𝐟𝐫𝐢𝐞𝐝 – Swiss contract manufacturer within pharmaceuticals.
⭐ 𝐂𝐮𝐬𝐭𝐨𝐦𝐞𝐫 𝐝𝐢𝐯𝐞𝐫𝐬𝐢𝐟𝐢𝐜𝐚𝐭𝐢𝐨𝐧: With more than 500 customers globally, Siegfried is not dependent on a few large clients.
⭐ 𝐂𝐨𝐦𝐩𝐥𝐞𝐱 𝐦𝐚𝐧𝐮𝐟𝐚𝐜𝐭𝐮𝐫𝐢𝐧𝐠: Siegfried handles complex and highly regulated production, and today delivers around 200 FDA-approved active pharmaceutical ingredients.
🌱 𝐒𝐢𝐞𝐠𝐟𝐫𝐢𝐞𝐝 works in line with the global sustainability goals and has set SBTi-verified CO₂-reduction targets.

𝐑𝐞𝐩𝐮𝐛𝐥𝐢𝐜 𝐒𝐞𝐫𝐯𝐢𝐜𝐞𝐬 – a leading player in waste management in the US.
⭐ 𝐈𝐧𝐝𝐮𝐬𝐭𝐫𝐲 𝐥𝐞𝐚𝐝𝐞𝐫: The second-largest environmental and waste company in the US, with 13 million customers, 17,000 trucks and more than 1,000 facilities across North America.
⭐ 𝐒𝐜𝐚𝐥𝐞 𝐞𝐟𝐟𝐢𝐜𝐢𝐞𝐧𝐜𝐢𝐞𝐬: With more than 1,000 facilities, the company benefits from substantial economies of scale within collection, logistics and operations — enabling lower costs and higher efficiency than smaller competitors.
🌱 𝐑𝐞𝐩𝐮𝐛𝐥𝐢𝐜 𝐒𝐞𝐫𝐯𝐢𝐜𝐞𝐬 works in line with the global sustainability goals, has set SBTi-verified CO₂-reduction targets, and has EU Taxonomy-aligned revenues.