The fund will invest in a basket of bonds selected from a universe of companies created by filtering out those with a negative impact (e.g. armaments, tobacco, human right abuses) but also utilising positive integration to allocate to companies impacting society and the environment positively (e.g. social housing, renewable energy, healthcare). The fund manager is assisted by experienced co-managers who consistently review the impact of the selected companies.
We like the fund as it has a strong investment process which allow the fund managers to invest across the credit spectrum and also adjust their interest rate exposure.