AB Sustainable Global Thematic Portfolio-A (USD) ACC
Luxembourg Fund, structured as a SICAV I fund , invests in listed equities of a global universe of companies that are positively exposed to environmentally or socially oriented sustainable investment themes broadly consistent with the United Nations SDGs. The fund invests mainly under three broad themes: health (~24%), climate (~35%) and empowerment (~38%) across 12 diverse sub-themes using top-down investment processes to uncover the most attractive companies and securities fitting into these themes. It combines this with bottom-up research to assess a company’s exposure to environmental, social and corporate governance (“ESG”) factors as well as its prospective earnings growth, valuation and quality of management. The Fund also employs active ownership where it engages with company management teams on material ESG issues. The fund aims to construct a portfolio of 30-60 stocks (56 holdings as of July-21) in Large/Mid cap stocks with a focus on stocks with the highest return/risk spread. The fund invests approx. 94% in the developed markets with nearly 62% in the US and it is benchmarked against MSCI ACWI Index.