Natixis Global Asset Management has launched the Mirova Global Sustainable Equity Fund (ESGMX), a global equity mutual fund managed by Natixis AM US. Mirova is a European asset manager that has specialized in responsible investing.
“Diversification is a key component to building a portfolio for the long term,” says David Giunta (pictured), President and CEO of Natixis Global Asset Management, US and Canadian Distribution. “We are pleased to offer the Mirova Global Sustainable Equity Fund to investors who are looking at their futures and wanting a modern ESG fund that can be used as a core global equity allocation, investing in companies with strong fundamentals that have shown a commitment to corporate responsibility.”
The fund invests in a broad range of global companies and is not limited by traditional index sectors or exclusionary approaches to impact investing. The managers’ strategy incorporates fundamental analysis to identify companies positioned to evolve with the way the world is changing. Megatrends identified by Mirova’s investment team for the next decade are population growth, increasing urbanisation, the rising middle class in emerging markets, the ageing population, technology breakthroughs, natural resource depletion, climate change and the evolution of the financial system. These megatrends may be instrumental to informing sustainable investment themes for the Fund, including buildings and cities, consumption, energy, finance, healthcare, information technology, mobility and resources. The fund managers take a long-term view, favouring the financially sound companies that they believe demonstrate commitment to sustainable business models, product quality, and business ethics and offer the best value.
“At Mirova, we have shown that doing well and doing good are not mutually exclusive,” says Jens Peers, CFA, Chief Investment Officer, Sustainable Equities, at Mirova. “The Mirova Global Sustainable Equity Fund will endeavor to find companies with admirable ESG practices that are also innovating to find answers to some of the biggest social and environmental threats of our time. We believe that investing in these companies is an opportunity to create solutions to these issues and produce long-term value for investors.”
The fund is co-managed by Jens Peers, CFA, Suzanne Senellart, and Hua Cheng, CFA. The fund seeks to maintain a relatively concentrated portfolio of approximately 50 stocks. The fund aims to differ from the benchmark in size and sector weights and also will have relatively low turnover, due to its extended investment horizon