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Investments

Mirova Global Sustainable Equity Fund

Leader in sustainability

Portfolio managers supported by large, dedicated sustainability research team

Driven by global themes

Searching for opportunities within long-term economic transitions

Strong strategy performance record

While focusing on measurable sustainable outcomes

Investment approach

Mirova provides exposure to a high conviction, all-market capitalisation global equity strategy focused on integrating sustainability into the investment process by considering ESG risks and opportunities, taking into account the entire life cycle of the value chain of a company and performing deep fundamental analysis.

Mirova Global Sustainable Equity Fund

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Fund facts  
Investment objective The Fund aims to achieve a long-term total return (before fees and expenses) that exceeds the MSCI World ex Australia Index, in $A unhedged with net dividends reinvested (Benchmark) by investing in global equities related to sustainable investment themes
Benchmark MSCI World ex Australia Index, in $A unhedged with net dividends reinvested
Investment restrictions Refer to the ‘Minimum standards’ document
Investment manager
Mirova US, LLC.
Inception date 19 November 2020
Fund size ^ $A88.6m (as at 31 July 2024)
Management fee 0.78% pa of the net asset value of the Fund
Minimum investment $A500,000
Distribution frequency Generally annually
APIR code ETL8069AU
Target Market Determination The Target Market Determination (TMD), available at macquarie.com/mam/TMD, includes a description of the class of consumers for whom the Fund is likely to be consistent with their objectives, financial situation and needs.

View TMD

^ Fund size is expressed as the net asset value

The Fund is designed for consumers who: 

  • are seeking capital growth and income distribution 
  • are intending to use the Fund as a core component, minor allocation or satellite allocation within a portfolio 
  • have a minimum investment timeframe of seven years
  • have a high or very high risk/return profile for that portion of their investment portfolio, and 
  • require the ability to have access to capital within one week of request.

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Past performance is not a reliable indicator of future performance. Total returns are calculated based on changes in net asset values and assumes the reinvestment of distributions.

The performance information shown above may differ to the information in the performance report due to rounding.

* Inception date is 19 November 2020.

** Total net returns are quoted after the deduction of all fees and expenses. Due to individual investor circumstances, your net returns may differ from the net returns quoted above.

*** The Benchmark for the Fund is the MSCI World ex Australia Index, in $A unhedged with net dividends reinvested. Macquarie Investment Management Australia Limited was appointed as the responsible entity of the Fund on 1 March 2022. Equity Trustees Limited was the previous responsible entity of the Fund. Prior to 1 March 2022, the benchmark of the Fund was the MSCI World Index in $A unhedged with net dividends reinvested.

Risks

All investments carry risk. Different investments carry different levels of risk, depending on the investment strategy and the underlying investments. Generally, the higher the potential return of an investment, the greater the risk (including the potential for loss and unit price variability over the short or long term). The risks of investing in this Fund include:

Investment risk: The Fund has exposure to share markets. The risk of an investment in the Fund is higher than an investment in a typical bank account or fixed income investment. Amounts distributed to unitholders may fluctuate, as may the Fund’s unit price, by material amounts over short periods. 

Market risk: The investments that the Fund has exposure to are likely to have a broad correlation with share markets in general. Share markets can be volatile and have the potential to fall by large amounts over short periods of time. Poor performance or losses in domestic and/or global share markets are likely to negatively impact the overall performance of the Fund.

Concentration risk: The Fund may have exposure to a small number of key investments. This may result in the returns of the Fund being dependent on the returns of individual companies and industry sectors which may increase the volatility of the Fund’s unit price, and increase the risk of poor performance. 

ESG and sustainability investment risk: Mirova selects investments based on ESG criteria. The ESG criteria, used to assess and select investments, is based on analysis performed by Mirova and supported by third party data providers. However, there are no independent ESG assessments of the Fund’s positions. The assessment criteria may change over time or vary depending on the sector or industry in which the relevant issuer operates. Applying ESG criteria to the investment process may lead the Fund to invest in or exclude securities within the Fund’s benchmark or universe, irrespective of market opportunities available. ESG data may be incomplete, inaccurate or unavailable from time to time. As a result, there is a risk that Mirova may incorrectly assess a security or issuer, resulting in certain investments being incorrectly included or excluded. Furthermore, while Mirova may take the appropriate steps to assess ESG risks, circumstances surrounding the underlying assets may change without notice or assessment by Mirova, resulting in increased ESG risks for the Fund.

More information on the risks of investing in the Fund is contained in the Product Disclosure Statement, which should be considered before deciding to invest in the Fund.

Before you can proceed, please answer some questions to help determine if you are likely to be within the target market for any of the Funds based on your responses. The Funds available will be based on the attributes you select.

Email

Macquarie Asset Management
Client Service
mam.clientservice@macquarie.com

Mail

PO Box R1723
Royal Exchange,
NSW 1225, Australia

For enquiries call

Toll free: 1800 814 523
Local: +61 2 8245 4900
Monday – Friday 8:30am to 5:30pm (Sydney time)