Natixis Investment Managers launches Mirova Global Sustainable Equity Fund OEIC
Mirova, an affiliate of Natixis Investment Managers has launched an Open Ended Investment Company (Oeic), the Natixis Mirova Global Sustainable Equity fund (the fund). Mirova is dedicated to sustainable investing.
The new Oeic will be almost identical to the existing €4.01bn* Mirova Global Sustainable Equity SICAV, launched in 2013, and will be managed by Jens Peers, Amber Fairbanks and Hua Cheng all of whom are based within Mirova US, the company’s US division.
The fund’s objective is to outperform the MSCI World Net Dividends Reinvested Index over the recommended minimum investment period of five years by investing in companies whose businesses include activities related to sustainable investment themes.
Mirova has proprietary ESG analysis, which it will use alongside a multi-thematic investment approach, to invest in growth potential linked to four long-term transitions: demographic, environment, technology and governance, as well as maximising exposure to companies that have a positive impact on the UN Sustainable Development Goals.
The fund is aligned to a 2C global warming scenario and will typically have 40-60 holdings.
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