AMUNDI FUNDS NET ZERO AMBITION GLOBAL EQUITY
ISIN: LU2531474588 - Equities
| As of 19/04/2024 | |||||||
|---|---|---|---|---|---|---|---|
| YTD | 2023 | 2022 | 2021 | 2020 | 2019 | NAV | Fund AUM |
| 6.06% | 26.24% | - | - | - | - | 65.38 USD | 16.76M USD |
Aims to deliver alpha while reducing carbon
By investing in global equity instruments the fund seeks to deliver alpha, and a carbon footprint aligned to the MSCI World Climate Paris Aligned Net USD Index. The portfolio seeks to invest in companies where the CO2 objectives are realistic and where today’s technology can facilitate this transition.
About the fund
This fund is part of our Amundi Net Zero ambition range. The range of funds may be focused on companies that could be best equipped to support the transition of the economy to a low carbon model.
By investing in global equity instruments the fund seeks to deliver alpha, and a carbon footprint aligned to the MSCI World Climate Paris Aligned Net USD Index. The portfolio seeks to invest in companies where the CO2 objectives are realistic and where today’s technology can facilitate this transition.
The fund aims to buy equities across three business models:
1. Climate Champions
Companies that are already very advanced in their CO2 mitigation, and by growing they implicitly impact the world positively
2. Climate Committed
Companies who are taking corrective actions to tackle climate challenges but need to invest more in decarbonisation
3. Climate Enablers
Companies that produce technologies and innovative products/services that may facilitate a path towards a low carbon world
What is Net Zero?
What is Net Zero?
Put simply, Net Zero is a global objective were we each must contribute to reducing greenhouse gases to as close to zero as possible, with the remaining emissions being reabsorbed in the atmosphere, for example by the oceans and forests1.
1 https://www.un.org/en/climatechange/net-zero-coalition