InvestSMART
  1. Home
  2. Research & Advice
  3. Research Tools
  4. Managed Funds
  5. Mirova Global Sustainable Equity Fund - Managed fund profile

Mirova Global Sustainable Equity Fund - Managed Fund

Fund Objective
The investment objective of the Fund is to outperform the MSCI World in AUD, through investment in equities whose businesses include activities related to sustainable investment themes.
Fund Strategy
The Fund follows a multi thematic responsible investment strategy focused on sustainable development. The Fund is actively managed, combining strong views on sustainable themes and stock picking. The investment process relies on stock picking based on a deep fundamental analysis of companies, combining both financial and ESG (Environmental, Social and Governance) considerations.

Fund Performance Comparison

Relative Fund Performance vs {{ fund.benchmark.peers.peerCount }} peers using {{ fund.benchmark.name }} as their benchmark.

{{ fund.name }}
Peers
Benchmark ({{ fund.benchmark.name }})
{{ fund.model.name }}
The performance of the peers is calculated as the total of the performance for each time period for all the funds in the peer group, divided by the number of funds in the peer group.
grow your money
Grow your money, not your fees
It's fees rather than returns that make the biggest difference to your investment's compounding returns.
Free Fees Report
investing
Investing made simple
Our professionally-tailored investment portfolios consistently beat most of our peers.
Free investor guide
Grow your money, not your fees
It's fees rather than returns that make the biggest difference to your investment's compounding returns. Free Fees Report
Investing made simple
Our professionally-tailored investment portfolios consistently beat most of our peers. Free investor guide

Fees Comparison

{{ fund.mer | number:2 }}
% p.a.
{{ fund.name }}
{{ modelPortfolio.mer * 100 | number:2 }}
% p.a.
{{ modelPortfolio.name }}
{{ fund.benchmark.peers.mer * 100 | number:2 }}
% p.a.
Average of peers ({{ fund.benchmark.peers.peerCount }})
NOTE: Fee data has been provided by Morningstar, it may not include all costs being charged on your investment such as platform and adviser fees. You should check your fund manager or adviser statements to find out the exact fees you are being charged. Peers are funds that use the same benchmark in the Morningstar database.
Upsell Banner

Fund performance

  1M 3M 6M 1Y p.a. 2Y p.a. 3Y p.a. 5Y p.a. 10Y p.a.
Total return 1.25% 0.35% 6.52% 28.14% 19.87% 6.28% -% -%
Growth return 1.25% 0.35% 4.5% 25.71% 18.43% 4.47% -% -%
Income return 0% 0% 2.02% 2.43% 1.44% 1.81% -% -%
Market index (MSCI World Ex Australia NR AUD)
Total return 3.92% 2.14% 10.2% 29.31% 20.19% 11.39% 13.27% 13.18%
As at 31 Oct 2024. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

Mirova Global Sustainable Equity Fund
International Equities
98.86%
Cash
1.14%
Australian Equities
0%
Property
0%
Fixed Interest
0%
Alternatives
0%
Average Allocation of Peers
International Equities
93.18%
Cash
2.48%
Australian Equities
2.64%
Property
1.50%
Fixed Interest
0.11%
Alternatives
0.09%

General Information

Fund Details
Type Description
Mirova Global Sustainable Equity Fund (Wholesale)
Macquarie Investment Management Aus Ltd.
ETL8069AU
Equity World Large Growth
starstarstar (as at 31 Oct 2024)
Investment Fund
19 Nov 2020
$87.06 million (as at 26 Jun 2024)
$1.4077 (as at 20 Nov 2024)
$1.4046 (as at 20 Nov 2024)
Open
Offer information
Type Description
MER 0.78% (as at 8 Jul 2024)
Indirect Cost Ratio (ICR) 0.78% (as at 30 Jun 2023)
Performance fee (not included in ICR) 0
Minimum initial investment $500,000

Top 10 holdings (as at 30 Sep 2024)

Holding (as at 30 Sep 2024) Type % of Portfolio
Microsoft Corp Equity 5.49%
Login now to view the complete list of holdings.

FAQs about the Mirova Global Sustainable Equity Fund

The objective of the Mirova Global Sustainable Equity Fund managed fund is The investment objective of the Fund is to outperform the MSCI World in AUD, through investment in equities whose businesses include activities related to sustainable investment themes.

The strategy of the Mirova Global Sustainable Equity Fund managed fund is The Fund follows a multi thematic responsible investment strategy focused on sustainable development. The Fund is actively managed, combining strong views on sustainable themes and stock picking. The investment process relies on stock picking based on a deep fundamental analysis of companies, combining both financial and ESG (Environmental, Social and Governance) considerations.

The APIR code of the Mirova Global Sustainable Equity Fund managed fund is ETL8069AU.

Mirova Global Sustainable Equity Fund’s total return last month was 1.25%. This was made up of a growth return of 1.25% and an income return of 0%. These returns were calculated as at 31 Oct 2024.

Mirova Global Sustainable Equity Fund’s total return for the last three months was 0.35%. This was made up of a growth return of 0.35% and an income return of 0%%. These returns were calculated as at 31 Oct 2024.

Mirova Global Sustainable Equity Fund’s one-year total return is 28.14%. This was made up of a growth return of 25.71% and an income return of 2.43%. These returns were calculated as at 31 Oct 2024.

Mirova Global Sustainable Equity Fund’s one-year total return is 6.28%. This was made up of a growth return of 4.47% and an income return of 1.81%. These returns were calculated as at 31 Oct 2024.

The asset allocation of the Mirova Global Sustainable Equity Fund managed fund is :

International Equities
98.86%
Cash
1.14%
Australian Equities
0%
Property
0%
Fixed Interest
0%
Alternatives
0%

The Responsible Entity for the Mirova Global Sustainable Equity Fund managed fund is Macquarie Investment Management Aus Ltd..

The Mirova Global Sustainable Equity Fund managed fund belongs to the Equity World Large Growth sector/asset class.

As at 26 Jun 2024, the size of the Mirova Global Sustainable Equity Fund managed fund was $87.06 million.

The Mirova Global Sustainable Equity Fund managed fund has an inception date of 19 Nov 2020.

The current entry price of the Mirova Global Sustainable Equity Fund managed fund is $1.4077 per unit and the current exit price is $1.4046 per unit (as at 20 Nov 2024).

The current exit price of the Mirova Global Sustainable Equity Fund managed fund is $1.4046 per unit and the current entry price is $1.4077 per unit (as at 20 Nov 2024).

The minimum initial investment amount for the Mirova Global Sustainable Equity Fund managed fund is $500,000.

Fund data sourced from Morningstar. Some material is copyright and published under licence from ASX Operations Pty Limited ACN 004 523 782 ("ASXO"). Data and content is provided for personal use only. Whilst every care has been taken in producing these numbers, neither Morningstar nor InvestSMART can make any guarantees around the complete accuracy of these figures. Should you decide to change investments, please read all relevant disclosure documents including the Product Disclosure Statements and if required, you may consider speaking to a financial professional for further guidance. A tax event may be realised as a result of switching investments. Past performance is not a reliable indicator of future performance.