Brazilian equity fund tops returns in ESG world
By Jassmyn Goh, 28 Feb 19
Emerging market equity funds winners when it comes to three-year performance and sustainability
For the three years to 31 January 2019, two of the top returning funds had a focus on Brazil and the other three on Russia.
While all funds are signatories of the United Nations Principles for Responsible Investment (UNPRI), the two Brazilian-focused funds were the only funds to receive a high sustainability rating from Morningstar.
Unsurprisingly for the geographical focus of these funds, the top sector allocations were to financials and energy.
Click through the gallery above to find out which were the top performing equity funds that fell under Morningstar’s “socially conscious” category.
The top funds were found using Morningstar data that were domiciled in either Luxembourg or Ireland and were available in at least three continental European countries. The performance figures are rebased in euros.