Mirova Global Megatrends A (ESGMX)
Mirova Global Megatrends A operates in the Asset Management - Global industry of the Financial Services sector, headquartered in Boston, MA, US. The stock last traded at $22.37, up 0.49% on the session, giving a market capitalisation of $851.2M. Its beta of 0.96 implies it has historically moved less than the broad market.
Under typical market conditions, the fund dedicates a minimum of 80% of its assets to equity-related investments. This includes a variety of instruments such as common and preferred stocks, depositary receipts, and real estate investment trusts (REITs). The portfolio maintains geographic diversification, holding stakes in companies domiciled in at least three different countries, with potential exposure to the United States. Furthermore, the fund is committed to investing a portion of its assets in non-U.S. companies, with this percentage being at least the lower value of either 40% or the foreign issuer weighting of its benchmark, the MSCI World Index, reduced by 5%.
Mirova Global Megatrends A is most often compared with the following Financial Services names: