Mirova Global Megatrends Y

Frequently Asked Questions About ESGYX

What does ESGYX invest in?

The fund's core objective is to generate substantial capital appreciation over the long term. Under typical market conditions, at least 80% of its portfolio is dedicated to equity instruments, which can encompass common stocks, preferred stocks, depositary receipts, and Real Estate Investment Trusts (REITs). Its investments span companies based in a minimum of three distinct countries, potentially including the United States. Moreover, the allocation to companies located outside the U.S. will ordinarily be at least the lesser of 40% or the percentage of foreign entities within its benchmark, the MSCI World Index, minus 5%.

What is the expense ratio of ESGYX?

Mirova Global Megatrends Y (ESGYX) charges an expense ratio of 0.95%. This is the annual fee deducted from fund assets to cover management and operations.

How big is ESGYX?

Mirova Global Megatrends Y (ESGYX) manages $839.9M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure — funds below ~$50M are at higher risk of liquidation.

Is ESGYX actively managed or an index fund?

ESGYX is a passive index fund — it tracks a published benchmark by holding the constituents in their published weights. Index funds typically charge low expense ratios (ESGYX's is 0.95%) because there's no security selection cost.

When was ESGYX launched?

Mirova Global Megatrends Y (ESGYX) launched in March 2016 and is managed by the fund issuer.

How has ESGYX performed?

ESGYX's total return — price change plus reinvested distributions — is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.