Axa Investment Managers has launched its first multi-asset impact fund, aimed at investing in securities that demonstrate a positive social and environmental impact.
The AXA WF Multi Asset Optimal Impact Fund aims to positively contribute to a large spectrum of the UN Sustainable Development Goals (SDG) to build a more sustainable future, with a focus on the environment – especially climate change – as well as social themes including health and human capital.
It is targeting six core SDGs including energy transition and sustainable transport and industry.
The fund can invest up to 100% in debt securities, including inflation-linked, green, social and sustainable bonds, and up to 75% in equities.
Head of multi-asset at AXA IM, Serge Pizem said: “From both investors and companies, there is an undoubtable rising of awareness of the challenges facing society today from all areas of the ESG spectrum.”
By integrating positive ESG criteria, and excluding certain assets, the impact investing element of the fund covers a broad range of complex social and environmental objectives that aim to build a better future, he added, while the multi-asset approach gives the asset manager the ability to adapt allocation to the evolution of financial markets.