Never miss a story — sign up for PLANSPONSOR newsletters to keep up on the latest retirement plan benefits news.
Products June 22, 2009
Zurich Firm Launches U.S. Sustainability Fund
June 22, 2009 (PLANSPONSOR.com) - SAM Sustainable
Asset Management (SAM), a Zurich-based investment firm, has
launched a new mutual fund for U.S. investors, the SAM
Sustainable Global Active Fund.
Reported by Fred Schneyer
According to a news release, the SAM Sustainable Global Active fund is a registered no-load fund offered in both investor share and institutional classes, with minimum investments of $2,500 and $100,000 respectively. Other fees may apply.
The fund is advised by SAM’s subsidiary, Sustainable Asset Management USA, Inc., a registered investment adviser, the announcement said.
The offering is a global, all cap equity fund investing in companies that lead in terms of sustainability based on SAM’s research methodology which considers economic, social and environmental factors to rate companies’ ability to manage sustainability issues.
The SAM Sustainable Global Active Fund may be suitable for investors with a long-term investment horizon and corresponding risk tolerance, who believe in the long-term potential of sustainable companies and would like to meet their investment requirements in this area with a single product, the company said.
“Our conviction is that sustainability trends driven by climate change, resource scarcity, energy security and demographic developments have an impact on long-term performance and corporate competitiveness,” said Sander van Eijkern, SAM’s chief executive officer, in the announcement.
« Villegas to Help Payden Market Solutions to Advisers, TPAs