Credit Suisse & JPM AM launch nutrition fund

Credit Suisse has partnered with JP Morgan Asset Management to launch the Credit Suisse JPMorgan Sustainable Nutrition Fund.

Credit Suisse says the fund invests in companies that address the links between nutrition, health, biodiversity and climate. It will be launched this week with AUM of $250 million and will have a focus on companies making food systems less carbon intensive.

The fund will target the UN SDGs 2 (Zero Hunger) and 13 (Climate Action) and will be composed of 40-60 global stocks. The fund addresses the topic of nutrition with a focus on small and mid-cap innovators across the value chain – from growing, processing to consuming food. Vertical farming, plant-based proteins and food testing are some of the many activities that the fund will be investing in through three subthemes: sustainable agriculture, efficient food processes, and sustainable & healthy diets.

Jennifer Wu, Global Head of Sustainable Investing at J.P. Morgan Asset Management, echoed this assessment: “As we transition towards a more sustainable global economy, a focus on sustainable nutrition should sit at the heart of this transition. This new strategy seeks to make a positive contribution to a healthier future, investing in companies which are seeking to address current inefficiencies in the food value chain by making food systems less carbon intensive and ultimately enabling healthier diets.”