The ESG Phenomenon: Bonhote Megatrend ESG Fund
The latest developments in the ESG space.
The new Bonhote Strategies - Megatrend Equity ESG fund, launched on Friday, will invest in future-focused themes while maximising the Swiss bank’s social and environmental responsibility.
To achieve these goals, the bank said that its team of managers will invest directly in global equities classified according to eight themes – from digitalisation, climate and innovation to smart mobility and artificial intelligence.
The portfolio has been rated A under its ESG certification, which is higher than the benchmark MSCI World Index (C+), the firm added in a statement. The ESG strategy has been approved by Conser, an independent ESG verifier based in Geneva.
Securities are selected using a systematic optimisation process to maximise the portfolio’s returns and ESG rating while keeping volatility to a minimum, the bank stressed.
The new Bonhote Strategies - Megatrend Equity ESG fund is now open to investors. Its track record, derived from an in-house fund (portefeuille collectif interne) incepted in February 2022, has outperformed the fund’s benchmark, the MSCI World Index, to date, the bank added.
Welcoming the move, Yves de Montmollin, CEO, said: “I’m delighted with this new ESG fund, through which we’re shoring up our leading position in sustainability by building on our sustainable investment strategy initiated more than a decade ago."
“This new fund will expand our sustainable product offering, capitalising on the success of our Bonhote Impact strategy launched in 2019,” added Julien Stahli, chief investment officer.
“The major themes of tomorrow are high-potential areas, allowing investors to harness the long-term structural changes at work in economies and societies. Since this kind of product did not exist on the market, we created it from scratch by developing a unique systematic process that maximises both the security selection process and the fund’s overall ESG score," he said.