GSF

Global Environment

Morningstar Rating™

3

About the Fund

Seeking to capture the structural decarbonisation growth story – investing in companies that are driving the transition to a low carbon world.

To combat climate change and reduce carbon emissions, the world needs to transform. We invest in companies leading that transformation.

Why choose this Fund?
  • Access an area of structural growth:
    Companies enabling decarbonisation should enjoy a multi-year tailwind from global efforts to reduce emissions.
  • Rebalance climate risk within other parts of your portfolio
  • Make an impact:
    Invest in businesses that are helping to solve one of the biggest challenges facing the planet.

Watch Fund explainer

Key features
  • A high conviction, concentrated portfolio with high active share2
  • A unique investment approach focused on the renewable energy, electrification and resource efficiency sectors
  • A proprietary screen generates a universe of c.700 companies, only 7% of which overlap with MSCI All Country World Index
  • Includes proprietary measurement of indirect Scope 3 carbon emissions, allowing us to identify businesses' full carbon footprint
  • Regular engagement with companies and Annual Impact Reporting

Objective

Investment objective summary

  • The Fund aims to achieve total returns comprised of capital growth and income over at least 5-year periods, before allowing for fees. The Fund’s environmental objective is to make sustainable investments that aim to contribute to positive environmental impact.

Fund features

  • Invests in companies enabling the transition to a low-carbon world
Deirdre Cooper
Portfolio Manager
Deirdre is Head of Sustainable Equity at Ninety One. Deirdre is a leading voice in understanding...
Graeme Baker
Portfolio Manager
Graeme is a portfolio manager in the Sustainable Equity team at Ninety One. Graeme is co-portfolio...

Performance & returns

Literature & factsheets

Portfolio & Holdings

Date as of 30/06/2026
Gross Carbon Avoided
1617.3
Less Scope 1 & 2 Carbon Footprint
34
Less Scope 3 Carbon Footprint
582.8
Net Carbon Avoided
All measurements in Tonnes CO2e per $mm invested by the fund
1000.5
Renewable Energy
Measured in megawatt hours per $mm invested
50.7

Important information

The information, views and opinions provided are general in nature, for informational purposes only, and should not be construed as advice.

No action should be taken without appropriate professional guidance. We do not act as advisors or in a fiduciary capacity.

While we strive for accuracy and timeliness, we make no guarantees as to completeness or correctness and are not obliged to update the information.

This material does not constitute a full summary of the risks associated with any product, fund, service or strategy.

Relevant risk disclosures are available in the applicable documents, which can be requested free of charge.

For details on specific funds, please refer to the relevant fact sheets.

For mandatory disclosures about this investment, further important information on indices, fund ratings, yields, targeted or projected performance returns, back tested results, model return results, hypothetical performance returns, the investment team, the investment process and specific portfolio names, please click here.

  • The Fund invests in companies contributing to positive environmental change through sustainable decarbonisation to achieve total returns comprised of capital growth and income over long-term.
  • The Fund is subject to Green/ESG investment policy risk such as lack of standardized taxonomy, subjective judgment in investment selection, reliance on third party providers and style drift.
  • The Fund is subject to environment sector risk, risk associated with equity securities, currency risk and concentration risk.
  • The Fund is subject to currency hedged share class risk and currency conversion risk for Renminbi denominated share classes.
  • The Fund may use derivatives for the purposes of hedging and/or efficient portfolio management. Investments in derivatives involve additional risks. The Fund’s use of derivatives may become ineffective in hedging and/or in efficient portfolio management and the Fund may suffer significant losses.
In adverse situations, the Fund may suffer significant losses. It is possible that the original amount you invested could be lost.
  • Investors should not solely rely on this document to make investment decisions.