ESGMX – Fund Analysis – Mirova Global Megatrends A | Morningstar

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Will ESGMX outperform in the future?

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Process Pillar

The Process Pillar is our assessment of how sensible, clearly defined, and repeatable ESGMX’s performance objective and investment process is for both security selection and portfolio construction.
People Pillar

The People Pillar is our evaluation of the ESGMX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.
Parent Pillar

The Parent Pillar is our rating of ESGMX’s parent organization’s priorities and whether they’re in line with investors’ interests.

Meets its sustainability goal, but beating the index has proved much more challenging.

Gregg Wolper

Summary

Mirova Global Megatrends has a new name in the US, but its approach—and the resulting benefits and limitations—remains the same.

by Gregg Wolper

Rated on Jul 24, 2026 Published on Jul 24, 2026

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