AXA Investment Managers has announced the launch of the AXA ACT Green Short Duration Bond fund.
The new fund will invest in short-dated green bonds and aims to finance the transition to a low carbon economy by focusing only on green bonds that have been validated by AXA IM’s proprietary green bond framework. Available to UK retail investors, the fund’s environmental impact will be centred on four pillars which aim to reduce energy consumption, produce clean energy and preserve our ecosystem:
Low Carbon Transport
Smart Energy Solutions
Commenting on the launch, Johann Plé, manager of the AXA ACT Green Short Duration Bond fund said: “As the demand for green bonds continues to grow, with the market now worth over $1 trillion, we believe that there is an opportunity to help responsible investors meet their differing needs through a variety of green bond products. Our short duration product meets the immediate need for a diversified, low volatilty fund with limited interest-rate risk that has all the benefits of green bond exposure. This will help investors to potentially reduce their exposure to climate risks and invest in companies that are working towards a greener society for all.”