Mirova Global Megatrends Y (ESGYX)
Mirova Global Megatrends Y operates in the Asset Management - Global industry of the Financial Services sector, headquartered in Boston, MA, US. The stock last traded at $22.65, up 0.53% on the session, giving a market capitalisation of $852.7M. Its beta of 0.96 implies it has historically moved less than the broad market.
The fund's core objective is to generate substantial capital appreciation over the long term. Under typical market conditions, at least 80% of its portfolio is dedicated to equity instruments, which can encompass common stocks, preferred stocks, depositary receipts, and Real Estate Investment Trusts (REITs). Its investments span companies based in a minimum of three distinct countries, potentially including the United States. Moreover, the allocation to companies located outside the U.S. will ordinarily be at least the lesser of 40% or the percentage of foreign entities within its benchmark, the MSCI World Index, minus 5%.
Mirova Global Megatrends Y is most often compared with the following Financial Services names: