AB Sustainable Global Thematic Fund Class R (ATERX)
AB Sustainable Global Thematic Fund Class R operates in the Asset Management - Global industry of the Financial Services sector, headquartered in New York, NY, US. The stock last traded at $149.57, up 0.27% on the session, giving a market capitalisation of $1.85B. On trailing twelve-month figures it carries a trailing P/E of 17.13, a net margin of 3.4%. Its beta of 1.19 implies it has historically moved more than the broad market.
The fund's primary objective is to achieve long-term capital appreciation. It endeavors to do so by strategically investing in a diverse, global portfolio of companies. The Adviser specifically seeks out businesses whose operations are deemed well-positioned to capitalize on particular sustainable investment trends that align with one or more of the United Nations Sustainable Development Goals (SDGs). To identify these suitable global securities, the Adviser employs a comprehensive investment methodology, integrating both a broad, "top-down" market analysis and a detailed, "bottom-up" company-specific assessment.
AB Sustainable Global Thematic Fund Class R is most often compared with the following Financial Services names: