The fund looks to buy stocks that fit into their strategy of “resource efficiency”. Namely, they look for companies globally which generate at least 50% of their revenues from four sub-themes being energy, food & agriculture, water and resource recovery. Within this universe, the portfolio managers, assisted by experimented analysts, will select the companies which have the best financial performance potential. We like the fund as it has a strong and tested investment process focusing on small and mid-cap environmental companies global. The team also puts a key emphasis on ESG analysis which has helped to enhance return.