Morningstar

Mirova Global Megatrends Fund Class A ESGMX

Morningstar Medalist Rating
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Medalist Rating as of See Natixis Investment Hub
  • NAV / 1-Day Return $22.70  /  −0.26 %
  • Fund Size $637.8M
  • Adjusted Expense Ratio 1.200%
  • Net Expense Ratio 1.200%
  • Fee Level: Distribution Average
  • Share Class Type Front Load
  • Morningstar Category Global Large-Stock Growth
  • Equity Style Box (Funds) Large Growth
  • Minimum Initial Investment $2,500
  • Investment Status Open
  • TTM Yield 0.13%
  • Turnover Ratio 21%
NAV and 1-Day Return as of

Morningstar’s Analysis ESGMX

Will ESGMX outperform in the future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • 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

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
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Portfolio Holdings ESGMX

More ESGMX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 38.0
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

NVIDIA Corp

7.69 49M
Technology

Microsoft Corp

4.73 30M
Technology

Taiwan Semiconductor Manufacturing Co Ltd ADR

4.46 28M
Technology

Mastercard Inc Class A

3.93 25M
Financial Services

Thermo Fisher Scientific Inc

3.12 20M
Healthcare

Eli Lilly and Co

3.08 20M
Healthcare

Iberdrola SA

2.98 19M
Utilities

Palo Alto Networks Inc

2.81 18M
Technology

ASML Holding NV

2.69 17M
Technology

Broadcom Inc

2.50 16M
Technology

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