Amundi US Launches Two Global Equity Funds Focusing on Sustainable Investing and ESG Integration
Amundi US today announced the launch of two new mutual funds deploying focused strategies that seek to identify global stocks with sustainable businesses and which meet certain ESG criteria. Both funds are managed by a deeply experienced portfolio management team that will leverage the resources of the global Amundi organization, one of the world's ten largest asset managers[1] and a global leader in responsible investing.
Marco Pirondini, Head of US Equities for Amundi US, said: "These new Funds leverage investment experience across our firm, including our Global Equity team and Equity Research team in Boston, as well as the ESG expertise of the broader Amundi organization. Each Fund offers a focused strategy aimed at capitalizing on important global themes in both Growth and Value equities. As value stocks appear to be returning to favor with the global economic recovery, a portfolio focused on identifying companies that we believe operate sustainable business models and adhere to the Fund's ESG criteria, may be attractive to long-term investors. Our view is that companies with innovative business strategies and strong or improving ESG profiles should continue to play an important role in investor portfolios."
Amundi is a global leader in responsible investing, with approximately $828 billion in responsible investments worldwide as of March 31, 2021. ESG research is a core capability of Amundi, with more than 10,000 companies worldwide rated according to a proprietary ESG methodology.
Pioneer Global Sustainable Value Fund
Investment objective: Long-term capital growth.
Principal investment strategies: The Fund seeks to hold a focused portfolio of 45-65 holdings and will generally invest in stocks with the lowest price-earnings multiples in the MSCI ACWI Value Index universe. The Fund's managers seek to identify companies that have strong business prospects, sustainable business models, adhere to the Fund's ESG criteria, and trade at attractive valuations. The Fund invests mainly in global equity securities of any market capitalization, including IPOs, across any industry or market sector. The Fund also may invest in emerging markets issuers. The Fund's benchmark is the MSCI ACWI Value Index.
Class A shares ticker: PGSVX
Class C shares ticker: GBVCX
Class Y shares ticker: PSUYX
Pioneer Global Sustainable Growth Fund
Investment objective: Long-term capital growth.
Principal investment strategies: The Fund seeks to hold a focused portfolio of 45-65 quality growth stocks globally across any market capitalization, including IPOs. The Fund seeks to invest in securities of issuers with above-average potential for earnings and revenue growth, focusing on companies believed to have sustainable business models that also meet ESG criteria. The Fund also may invest in emerging markets issuers. The Fund's benchmark is the MSCI ACWI Growth Index.
Class A shares ticker: SUGAX
Class C shares ticker: SUGCX
Class Y shares ticker: SUGYX
Both Funds are managed by John Peckham, Brian Chen, Jeff Sacknowitz, senior members of our US investment team with a combined average of 25 years of investment experience. Both Funds began trading on March 7, 2021.
About Amundi US
Amundi US is the US business of Amundi, Europe's largest asset manager by assets under management and ranked among the ten largest globally[1]. Boston is one of Amundi's six main global investment hubs[2] and offers a broad range of fixed-income, equity, and multi-asset investment solutions in close partnership with wealth management firms, distribution platforms, and institutional investors across the Americas, Europe, and Asia-Pacific.
With our financial and extra-financial research capabilities and long-standing commitment to responsible investment, Amundi is a key player in the asset management landscape. Amundi clients benefit from the expertise and advice of 4,800 employees in more than 35 countries. A subsidiary of the Crédit Agricole group and listed on the Paris stock exchange, Amundi currently manages approximately $2.06 trillion of assets [3].
Amundi, a Trusted Partner, working every day in the interest of our clients and society
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- Source: IPE "Top 500 Asset Managers" published in June 2020, based on assets under management as of 12/31/2019
- Boston, Dublin, London, Milan, Paris, and Tokyo
- Amundi data as of 3/31/2021
Before investing, consider the product's investment objectives, risks, charges and expenses. Contact your financial professional or Amundi Asset Management US, Inc. for a prospectus or summary prospectus containing this information. Read it carefully.
Individuals are encouraged to seek advice from their financial, legal, tax and other appropriate professionals before making any investment or financial decisions or purchasing any financial, securities or investment-related product or service, including any product or service described in these materials. Amundi US does not provide investment advice or investment recommendations.
A Word About Risk:
Pioneer Global Sustainable Growth Fund
The market prices of securities may go up or down, sometimes rapidly or unpredictably, due to general market conditions, such as real or perceived adverse economic, political, or regulatory conditions, recessions, inflation, changes in interest or currency rates, lack of liquidity in the bond markets, the spread of infectious illness or other public health issues or adverse investor sentiment. Investing in foreign and/or emerging market securities involves risks relating to interest rates, currency exchange rates, economic, and political conditions. The Fund is subject to currency risk, meaning that the fund could experience losses based on changes in the exchange rate between non-U.S. currencies and the U.S. dollar. The Fund generally excludes corporate issuers that do not meet or exceed minimum ESG standards. Excluding specific issuers limits the universe of investments available to the Fund, which may mean forgoing some investment opportunities available to funds without similar ESG standards. Investing in small and mid-sized companies may offer the potential for higher returns, but are also subject to greater short-term price fluctuations than larger, more established companies. When interest rates rise, the prices of fixed-income securities in the Fund will generally fall. Conversely, when interest rates fall, the prices of fixed-income securities in the Fund will generally rise. The Fund may use derivatives, which may have a potentially large impact on Fund performance. At times, the Fund's investments may represent industries or industry sectors that are interrelated or have common risks, making it more susceptible to any economic, political, or regulatory developments or other risks affecting those industries and sectors. These risks may increase share price volatility.
Pioneer Global Sustainable Value Fund
The market prices of securities may go up or down, sometimes rapidly or unpredictably, due to general market conditions, such as real or perceived adverse economic, political, or regulatory conditions, recessions, inflation, changes in interest or currency rates, lack of liquidity in the bond markets, the spread of infectious illness or other public health issues or adverse investor sentiment. Investing in foreign and/or emerging market securities involves risks relating to interest rates, currency exchange rates, economic, and political conditions. The Fund is subject to currency risk, meaning that the fund could experience losses based on changes in the exchange rate between non-U.S. currencies and the U.S. dollar. The Fund generally excludes corporate issuers that do not meet or exceed minimum ESG standards. Excluding specific issuers limits the universe of investments available to the Fund, which may mean forgoing some investment opportunities available to funds without similar ESG standards. Investing in small and mid-sized companies may offer the potential for higher returns, but are also subject to greater short-term price fluctuations than larger, more established companies. When interest rates rise, the prices of fixed-income securities in the Fund will generally fall. Conversely, when interest rates fall, the prices of fixed-income securities in the Fund will generally rise. The Fund may use derivatives, which may have a potentially large impact on Fund performance. At times, the Fund's investments may represent industries or industry sectors that are interrelated or have common risks, making it more susceptible to any economic, political, or regulatory developments or other risks affecting those industries and sectors. These risks may increase share price volatility.
Not FDIC Insured
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Securities offered through Amundi Distributor US, Inc., Member SIPC
(Formerly Amundi Pioneer Distributor, Inc.)
Underwriter of Pioneer mutual funds
60 State Street, Boston, MA 02109
©2021 Amundi Asset Management US, Inc.
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