News: Mirova launches pair of Article 9 bond funds

27/09/2022

Media Article - Natixis Investment Managers subsidiary, Mirova, has launched two Article 9 bond funds - the Mirova Euro High Yield Sustainable Bond fund and the Mirova Euro Short Term Sustainable Bond fund.

The former will target bonds issued by high-yield, impact-generating companies with a crucial need for financing, particularly across the areas of medical care, sustainable mobility, clean packaging, recycling or waste treatment, and sustainable real estate.

Mirova will seek to identify companies it believes are working towards a "more eco-friendly and sustainable planet and society" and those promoting circular economy characteristics. The conservation and reuse of scarce resources will be a core component of its strategy, it said.

It consists of a portfolio of 80 issuers with "credit rating upgrade potential" and strong yields, whose solutions are helping accelerate the transition towards a more sustainable economy.