GSF Lux SICAV

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 30/04/2026
Gross Carbon Avoided
1526.8
Less Scope 1 & 2 Carbon Footprint
34.8
Less Scope 3 Carbon Footprint
559.1
Net Carbon Avoided
All measurements in Tonnes CO2e per $mm invested by the fund
933
Renewable Energy
Measured in megawatt hours per $mm invested
53.4

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.

  • INVESTMENT INVOLVES RISKS. The value of the Fund can be volatile and investors may not get back the amount originally invested. Past performance is not indicative of future results.
  • The Fund's investment in equity could be volatile and subject to high risk of loss.
  • The Fund is subject to risks, such as investment, currency, equities securities and Green/ESG investment policy risks.
  • The Fund's investments are concentrated in the environmental sector. The value of the Fund may be more volatile than that of a fund having a more diverse portfolio of investments. As such, the Fund may be more susceptible to different environmental factors such as government's decision relating to its environment-related policies.
  • The Fund may invest in derivatives for hedging and/or efficient portfolio management purposes which may include counterparty/credit risk, liquidity risk, valuation risk, volatility risk and over-the-counter transaction risk. Exposure to derivatives may lead to a high risk of significant loss by the Fund.
  • 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. Offering documents should be read for further details, including the risk factors.