Mirova Global Sustainable Equity Fund Celebrates Five Years of Sustainable Investment Leadership
- Fund’s thematic investment approach seeks to identify companies that will benefit from global megatrends in demographic, environmental, technological, and governance transitions
- Maximizes exposure to companies with a positive impact on the United Nations’ Sustainable Development Goals, as well as those with strong performance on material ESG factors
- Managed by Mirova, a global leader in ESG investing and part of the PRI Leaders Group 2020
Natixis Investment Managers (Natixis) and Mirova today celebrated the five-year anniversary of the Mirova Global Sustainable Equity Fund (ESGYX), an active, high-conviction global equity mutual fund that seeks to invest in companies that are well-positioned to benefit from long-term technological, demographic, environmental and governance trends that will shape the global economy in the coming decade. The fund is managed by Mirova, an affiliate of Natixis Investment Managers dedicated to sustainable investment and one of only 20 asset managers selected by the Principles for Responsible Investment (PRI) organization to the PRI Leaders Group 2020.
Launched on March 31, 2016, the Mirova Global Sustainable Equity Fund is a high-active share, all- cap global equity portfolio that seeks long-term capital appreciation by maximizing exposure to companies with a positive impact on the United Nations’ Sustainable Development Goals, as well as those with strong performance on material environmental, social and governance (ESG) indicators. The fund provides diversified exposure to global equities and can improve investors’ portfolio sustainability and carbon footprint – like all of Mirova’s equity portfolios, the fund is aligned with a 2°C global warming scenario, in line with the Paris Agreement.
The past five years have only strengthened our conviction that these four major global transitions will drive tremendous opportunities for both investors and society. We also believe companies that focus on long-term sustainable practices and integrate ESG into their cultures will outperform in the long run and create value for investors.
“This milestone shows that investments designed to capitalize on ESG factors and trends can be a strong part of investor portfolios,” said David Giunta, CEO for the US at Natixis Investment Managers. “Mirova has been a leader in ESG investing for decades, and this fund continues their tradition of strong active management, engaged stewardship, and investor focus.”
The Mirova Global Sustainable Equity Fund benefits from Mirova’s deeply rooted experience in global sustainable investing and leadership in ESG. The portfolio management team conducts detailed fundamental research to select companies with competitive advantages that seek to deliver value over the long term and have high barriers to entry, drawing on a team of multi-disciplinary specialists and a Responsible Investment Research Team with analysts solely dedicated to thematic ESG research.
The fund is co-managed by Hua Cheng, PhD, CFA®, Amber Fairbanks, CFA® and Jens Peers, CFA®. The fund seeks to maintain a relatively concentrated portfolio of approximately 50 global stocks and is managed by Mirova US LLC. To provide flexibility and choice for investors, the strategy is also available to eligible financial advisors and their clients through retail separately managed accounts (SMA).
The team also co-manages two additional mutual funds which use the same investment approach to build portfolios of stocks focused on different regions. The Mirova US Sustainable Equity Fund (MUSYX), launched by Natixis in December 2020, invests in a portfolio of 30–50 US stocks. The Mirova International Sustainable Equity Fund (MRVYX), launched by Natixis in December 2018, invests in a portfolio of approximately 50 non-US stocks. Both strategies are also available to eligible financial advisors and their clients as SMAs.
