About MRVAX
The Mirova International Sustainable Equity Fund Class A is an actively managed mutual fund focused on investing in international equities with a strong emphasis on sustainability and environmental, social, and governance (ESG) integration. Designed for investors seeking long-term capital appreciation, the fund utilizes a high conviction, multi-thematic approach, typically holding around 40 to 60 stocks across developed markets outside the United States. The fund targets companies poised to benefit from structural megatrends such as demographic shifts, environmental challenges, technological innovation, and evolving governance practices.
A distinctive feature of the fund is its strict alignment with the United Nations Sustainable Development Goals (SDGs), favoring companies that demonstrate positive societal and environmental impact while maintaining coherence with a 2°C global warming scenario. The investment process deliberately avoids or limits exposure to sectors associated with controversial weapons, tobacco, and small arms, and aims to minimize investments in fossil fuels.
With low portfolio turnover and a rigorous buy-and-sell discipline grounded in fundamental quality, sustainability criteria, and valuation, the fund seeks to manage risk and participate in the long-term growth of responsible enterprises on the international stage.
Fund Family Natixis Funds
Category Foreign Large Blend
Stock Exchange NASDAQ
Ticker Symbol MRVAX
Share Class Class A
Index MSCI EAFE NR USD
MRVAX had a total return of 11.80% in the past year, including dividends. Since the fund's
inception, the average annual return has been 8.33%.