Mirova Global Sustainable Equity Fund Class A
ESGMX
NASDAQ- -
USD
- -
- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
FRC
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management - Global
- Address
- 888 Boylston Street Boston MA United States of America 2199
- IPO Date
- Mar 31, 2016
- CIK
- 0000770540
- Website
- mirova.com
- Similar Companies
- Business
- Mirova Global Sustainable Equity Fund Class A (ESGMX) is an actively managed mutual fund that seeks long-term capital appreciation by investing primarily in global equities of companies demonstrating strong sustainability impacts aligned with the United Nations Sustainable Development Goals and robust environmental, social, and governance (ESG) performance. The fund employs a conviction-driven, multi-thematic approach targeting secular trends such as demographic shifts, technological innovation, environmental transitions, and governance improvements; it maintains a high-active share all-cap portfolio with top holdings including Microsoft Corp., NVIDIA Corp., Mastercard Inc., Eli Lilly and Co., and eBay Inc., representing diverse sectors like technology, financial services, healthcare, and consumer cyclical. Managed with a focus on limiting greenhouse gas emissions to support a <2°C warming scenario per the Paris Agreement, the strategy integrates proprietary in-house sustainability analysis to assess both financial returns and positive environmental/social impacts across pillars like climate, biodiversity, inequality reduction, and social cohesion; it offers Class A shares with a front-load structure, an adjusted expense ratio of 1.20%, and low turnover of 23%. Launched on March 31, 2016, and headquartered in Paris, France, through its manager Mirova—a B Corp-certified affiliate of Natixis Investment Managers founded in 2012—the fund operates globally with assets under management exceeding $1.1 billion as of recent data and serves institutional, distribution platform, and retail investors across Europe, North America, and Asia-Pacific. Recent developments include surpassing $1 billion in assets under management in June 2021, marking five years of leadership in sustainable equity strategies; Mirova, as the fund's affiliate, merged with Thematics Asset Management in 2025 to form a combined entity managing approximately $39.7 billion, enhancing its thematic investment capabilities in areas like AI, water, and healthcare while absorbing Thematics' $3.5 billion fund range. In 2025, Mirova executed high-impact deals such as a $111.54 million unattributed round in Solveo Energies and debt financing for KOKO, alongside closing funds like Mirova Environment Acceleration Capital II at $232.93 million; it also formed partnerships including with Qualitas Energy in March 2025 and the Rainforest Alliance in June 2024 to scale regenerative agriculture projects across Africa, Latin America, and Asia, and participated in the Baltic Storage Platform joint venture securing €85.6 million for Estonian battery storage projects.