Martin Currie, a subsidiary of Franklin Templeton, has launched its first social impact fund, the FTGF Martin Currie Improving Society Fund.
The fund, categorised as Article 9 under the EU’s Sustainable Finance Disclosure Regulation (SFDR), aims to achieve long-term capital growth while promoting social fairness.
The fund will invest in 20-35 companies globally that align with improving well-being, enhancing inclusion and supporting a sustainable economy. The fund aligns with seven Sustainable Development Goals, including poverty reduction, quality education and gender equality.
It aims to deliver strong risk-adjusted returns, historically comparable to the MSCI All Country World Index (ACWI).
Mel Bucher, head of global distribution for Martin Currie, believes the fund will complement existing allocations by including unique holdings. He said, “We envisage the portfolio will include underlying holdings that are not owned in conventional global equity funds and will therefore complement existing allocations.”
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