Vanguard has announced its plans to launch Vanguard Global Environmental Opportunities Stock Fund. The actively managed fund will hold a concentrated portfolio of companies that both are involved in the process of decarbonization and derive at least half of their revenue from activities deemed by the fund’s advisor to contribute positively to environmental change. The fund will be managed by Ninety One, an experienced active investment manager with a proven track record in environmental, decarbonization, and global investing. “Vanguard has been thoughtful and deliberate in building out ESG lineup by ensuring each new fund addresses investors’ enduring needs,” said Dan Reyes, head of Vanguard Portfolio Review Department. “We are confident that Ninety One’s differentiated approach to global ESG investing will add long-term value for risk-tolerant investors who have a preference for environmental investing.”.

Source: ESGNews