AXA Investment Managers has adopted the ‘Sustainability Impact’ label for the AXA Green Short Duration Bond Fund under the FCA’s Sustainability Disclosure Requirements (SDR) framework.
This emphasises, the Fund’s clear intention to generate positive environmental outcomes, AXA said.
The AXA Green Short Duration Bond Fund (formerly named the AXA ACT Green Short Duration Bond Fund) has a three-year track record and is one of the first fixed income funds to achieve an Impact label under the FCA’s regime.
The Fund supports the transition to a low-carbon economy by investing mainly in bonds financing projects in the Smart Energy, Low Carbon Transportation, and Green Buildings sectors. It aims to deliver the dual objectives of providing financial returns and delivering a positive and measurable environmental impact. It applies a diversified bonds strategy which aims to limit exposure to interest rate risk by focusing on Green Bonds with maturities of five years or less.
Jane Wadia, Head of Sustainability, Core Products & Clients at AXA IM said: “We are delighted to adopt another impact label in our UK fund range, reflecting our deep commitment to intentional, measurable, and transparent sustainable investing. The Fund is designed for investors seeking a well-diversified short duration fund that also delivers positive and measurable environmental impact.”
AXA IM now has a range of six labelled funds under the UK SDR regime, comprising four ‘Sustainability Improver’ funds, and two ‘Sustainability Impact’ funds. AXA IM aims to accompany the transition to a more sustainable future by maintaining its advanced position in responsible investing and continuing to develop a distinctive industry-leading asset management offering.
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