UBS Global Wealth Management has launched the Multi Managers Access II – Future of Earth fund.
UBS says the fund focuses on four themes – (1) people, health, communities; (2) sustainable (3) energy; land; and (4) water and seeks to select companies who are set to benefit from long-term sustainability trends. It is aligned to United Nations Sustainable Development Goals.
The fund will use multiple equity portfolio managers, each responsible for one of the four investment themes. The portfolio managers – at launch: Allianz Global Investors, Pictet Asset Management, Polar Capital, and Robeco – will each be benchmarked against a specific MSCI thematic index. The investment universe consists of equities of small, medium and large-cap companies in developed and emerging markets globally.
Bruno Marxer, Head of Global Investment Management at UBS Global Wealth Management, said: “In an environment of rising bond yields and increased volatility, we see an opportunity for investors looking to position for structural growth. This fund allows us and our clients to harness the power of investing towards preserving our planet for the next generation and gaining exposure to the sectors set to lead the way. Investors should consider this fund as part of a diversified long-term portfolio.”