BOSTON--(BUSINESS WIRE)--Natixis Global Asset Management announced today the launch of the Mirova Global Sustainable Equity Fund (ESGMX), a global equity mutual fund managed by Natixis AM U.S. with reliance on Mirova. Mirova is a European asset manager that has specialized in responsible investing. The Mirova Global Sustainable Equity Fund seeks long-term capital appreciation.
“Diversification is a key component to building a portfolio for the long term,” said David Giunta, President and CEO of Natixis Global Asset Management, U.S. and Canadian Distribution. “We are pleased to offer the Mirova Global Sustainable Equity Fund to investors who are looking at their futures and wanting a modern ESG fund that can be used as a core global equity allocation, investing in companies with strong fundamentals that have shown a commitment to corporate responsibility.”
The fund invests in a broad range of global companies and is not limited by traditional index sectors or exclusionary approaches to impact investing. The managers’ strategy incorporates fundamental analysis to identify companies positioned to evolve with the way the world is changing. Megatrends identified by Mirova’s investment team for the next decade are population growth, increasing urbanization, the rising middle class in emerging markets, the aging population, technology breakthroughs, natural resource depletion, climate change and the evolution of the financial system. These megatrends may be instrumental to informing sustainable investment themes for the Fund, including buildings and cities, consumption, energy, finance, healthcare, information technology, mobility and resources. The fund managers take a long-term view, favoring the financially sound companies that they believe demonstrate commitment to sustainable business models, product quality, and business ethics and offer the best value.
“At Mirova, we have shown that doing well and doing good are not mutually exclusive,” said Jens Peers, CFA, Chief Investment Officer, Sustainable Equities, at Mirova. “The Mirova Global Sustainable Equity Fund will endeavor to find companies with admirable ESG practices that are also innovating to find answers to some of the biggest social and environmental threats of our time. We believe that investing in these companies is an opportunity to create solutions to these issues and produce long-term value for investors.”
The fund is co-managed by Jens Peers, CFA®, Suzanne Senellart, and Hua Cheng, CFA®. The fund seeks to maintain a relatively concentrated portfolio of approximately 50 stocks. The fund aims to differ from the benchmark in size and sector weights and also will have relatively low turnover, due to its extended investment horizon.
Risks: Equity securities are volatile and can decline significantly in response to broad market and economic conditions. Foreign and emerging market securities may be subject to greater political, economic, environmental, credit, currency and information risks. Foreign securities may be subject to higher volatility than U.S. securities, due to varying degrees of regulation and limited liquidity. These risks are magnified in emerging markets. Investments in small and mid-size companies can be more volatile than those of larger companies. Sustainable investing focuses on investments in companies that relate to certain sustainable development themes and demonstrate adherence to environmental, social and governance (ESG) practices, therefore the Fund's universe of investments may be reduced. It may sell a security when it could be disadvantageous to do so or forgo opportunities in certain companies, industries, sectors or countries. This could have a negative impact on performance depending on whether such investments are in or out of favor. Currency exchange rates between the U.S. dollar and foreign currencies may cause the value of the fund’s investments to decline.
Before investing, consider the fund's investment objectives, risks, charges, and expenses. Visit ngam.natixis.com or call 800-225-5478 for a prospectus or a summary prospectus containing this and other information. Read it carefully.
NGAM Distribution, L.P. is a limited purpose broker-dealer and the distributor of various registered investment companies for which advisory services are provided by affiliates of Natixis Global Asset Management, S.A. NGAM Distribution, L.P. is located at 399 Boylston Street, MA 02116. 800-862-4863. ngam.natixis.com
About Natixis Asset Management U.S., LLC and Mirova
Natixis AM U.S. provides access to investment solutions that benefit from the extensive resources of a leading European asset management group. Natixis AM U.S. launched in 2014, has $48 million in assets under management, is a subsidiary of Natixis Asset Management and utilizes the expertise of Mirova, a wholly owned subsidiary of Natixis Asset Management. Mirova operates in the U.S. through Natixis AM U.S.
About Natixis Global Asset Management
Natixis Global Asset Management, S.A. is a multi-affiliate organization that offers a single point of access to more than 20 specialized investment firms in the Americas, Europe and Asia. The firm ranks among the world’s largest asset managers.1 Through its Durable Portfolio Construction® philosophy, the company is dedicated to providing innovative ideas on asset allocation and risk management that can help institutions, advisors and individuals address a range of modern market challenges. Natixis Global Asset Management, S.A. brings together the expertise of multiple specialized investment managers based in Europe, the Americas and Asia to offer a wide spectrum of equity, fixed-income and alternative investment strategies.
Headquartered in Paris and Boston, Natixis Global Asset Management, S.A.’s assets under management totaled $870.3 billion (€801.1 billion) as of December 31, 2015.2 Natixis Global Asset Management, S.A. is part of Natixis. Listed on the Paris Stock Exchange, Natixis is a subsidiary of BPCE, the second-largest banking group in France. Natixis Global Asset Management, S.A.’s affiliated investment management firms and distribution and service groups include Active Investment Advisors;3 AEW Capital Management; AEW Europe; AlphaSimplex Group; Axeltis; Darius Capital Partners; DNCA Investments;4 Dorval Finance;5 Emerise;6 Gateway Investment Advisers; H2O Asset Management;5 Harris Associates; IDFC Asset Management Company; Loomis, Sayles & Company; Managed Portfolio Advisors;3 McDonnell Investment Management; Mirova;5 Natixis Asset Management; Ossiam; Seeyond;7 Vaughan Nelson Investment Management; Vega Investment Managers; and Natixis Global Asset Management Private Equity, which includes Seventure Partners, Naxicap Partners, Alliance Entreprendre, Euro Private Equity, Caspian Private Equity and Eagle Asia Partners. Visit ngam.natixis.com for more information.
1 Cerulli Quantitative Update: Global Markets 2015 ranked Natixis Global Asset Management, S.A. as the 17th largest asset manager in the world based on assets under management ($890.0 billion) as of December 31, 2014.
2 Net asset value as of December 31, 2015. Assets under management (AUM) may include assets for which non-regulatory AUM services are provided. Non-regulatory AUM includes assets which do not fall within the U.S. Securities and Exchange Commission’s definition of ‘regulatory AUM’ in Form ADV, Part 1.
3 A division of NGAM Advisors, L.P.
4 A brand of DNCA Finance.
5 A subsidiary of Natixis Asset Management.
6 A brand of Natixis Asset Management and Natixis Asset Management Asia Limited, based in Singapore and Paris.
7 A brand of Natixis Asset Management.
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