Why choose this strategy?
- To pursue sustainable long-term returns by investing in bonds issued to finance projects that provide positive environmental impact.
- As a global, high conviction bond fund that aligns with ESG principles.
- To complement a core fixed income allocation.
Investment strategy
- Uses a fundamental, bottom-up approach to security selection, focusing on opportunities within the global green bond market.
- The investment process combines ESG and green bond project analysis with traditional fundamental and credit analysis to identify value in the green bond universe.
- Invests at least 40% of assets in securities domiciled outside the US, with emerging market and high yield exposure each limited to 20% of assets.
- Duration and yield curve positioning are generally neutral to the benchmark and currency exposures are 100% hedged.