M&G launches health & wellbeing impact fund

M&G Investments has launched an impact equity fund that invests in companies promoting better health and wellbeing.

The M&G Better Health Solutions fund is a portfolio of 30-35 stocks managed by Jasveet Brar.

The stocks will be diversified around better healthcare and better wellbeing covering improvements in lifestyle, hygiene and safety and will be ranked in three categories: pioneers, whose products or services have a transformational effect on society or the environment; enablers, which provide the tools for others to deliver positive social or environmental impact; and leaders, which spearhead and mainstream impact and sustainability in their industries.

Brar commented, “The global pandemic has not only put the strains on healthcare systems in both developed and developing economies into stark focus but it has also demonstrated the importance lifestyle and mental wellbeing can have in preventing ill health.There is a growing demand for health and wellbeing services worldwide and many companies are seeking to provide solutions, which will allow many of us to lead better and healthier lives.”