Natixis Investment Managers has launched the Mirova US Sustainable Equity Fund.
Natixis says the Mirova US Sustainable Equity Fund is an all-cap US equity fund with exposure to companies with a positive impact on the United Nations’ Sustainable Development Goals, as well as those with strong performance on material ESG indicators.
The fund invests in 30-50 companies whose products and services address opportunities created by four long-term transitions – demographics, environmental issues, technological and governance transitions. They also invest in securities at a 20% or greater discount relative to the company’s intrinsic value in the most probable outcome.
The fund is co-managed by Hua Cheng, Amber Fairbanks, and Jens Peers of Mirova US.