The fund will allocate between equities and bonds of companies globally, selected from a universe created by removing companies with a negative impact (e.g. armaments, tobacco, gambling) and favouring companies impacting society and the environment positively (e.g. social change, renewable energy, education). Equities and bonds will come from companies that are favoured by the process, and selected companies will be further researched from a financial perspective, supported by the in-house analyst team to construct valuation models as well as assessing the direction and quality of company management.
We like the fund as it has a well-resourced analyst team with strong ESG integration into its investment process, including dedicated SRI analysts, as well as the manager’s flexibility to allocate between equity and fixed income securities.