Natixis Investment Managers recently announced the launch of the Mirova International Sustainable Equity Fund (MRVYX), an international equity mutual fund which utilizes Mirova’s sustainable investing experience. The fund became effective on December 28, 2018. The Mirova International Sustainable Equity Fund is an all-cap international equity fund that seeks long-term capital appreciation. The Fund also seeks to maximize exposure to companies with a positive impact on the United Nations’ Sustainable Development Goals, while avoiding companies whose activities or products have a negative impact on or create risk to achieving such goals.
• The Fund’s focus is on investments that offer solutions to major global transitions such as demographics, environmental issues, technological advances, and governance changes.
• The Fund can offer core international equity allocation; complement core equity allocation; improve portfolio sustainability.
“At Mirova, we believe there’s an inextricable link between long-term value creation and sustainability,” said Jens Peers, CFA, Chief Investment Officer, Sustainable Equities, at Mirova. “We feel that investors should be connected to the real world economy by investing in innovative businesses that play a real role in building a sustainable world, and therefore, we are giving investors the opportunity to be actively involved in improving corporate environmental, social and governance practices.”
Mirova takes a thematic approach, investing in companies they believe present opportunities and solutions related to sustainable development themes derived from long-term transitions – demographics, environmental issues, technological advances, and governance changes. The managers conduct detailed fundamental research to select companies they believe are well-managed, are expected to benefit from strong, sustainable competitive advantages, and have demonstrated a solid financial structure while avoiding irresponsible risks. Managers invest in securities trading at significant discounts to what they believe are their intrinsic values.
“We are pleased to provide investors with an opportunity to further diversify their portfolios in an international equity fund that draws on the expertise of our affiliate Mirova,” said David Giunta, CEO for the US and Canada at Natixis Investment Managers. “Through the fund, investors are able to gain access to the growth potential associated with long-term, sustainable investment themes. In doing so, they are also potentially improving the carbon footprint and sustainability profile of their overall portfolio.”
The fund is co-managed by Jens Peers, CFA®, Hua Cheng, CFA® and Amber Fairbanks, CFA®. The fund seeks to maintain a relatively concentrated portfolio of approximately 50 non-US stocks and is managed by Ostrum Asset Management U.S., LLC (“Ostrum US”).
Natixis Investment Managers consists of Natixis Distribution, L.P., Natixis Advisors, L.P., Natixis Investment Managers S.A., Natixis Investment Managers International, and its business development units across the globe, and the French holding company Natixis Investment Managers, parent to the affiliated investment managers and distribution companies. This material should not be considered a solicitation to buy or an offer to sell any product or service to any person in any jurisdiction where such activity would be unlawful. Natixis Distribution, L.P. and Natixis Advisors, L.P. are located at 888 Boylston Street, Boston, MA 02199.