Fidelity International (Fidelity) has launched the Luxembourg-domiciled (SICAV) Fidelity Funds - Sustainable Reduced Carbon Bond Fund. With carbon dioxide levels today higher than at any point in at least the past 800,000 years*, climate change represents a huge threat but also opportunity for investors and companies globally.

The Fidelity Funds - Sustainable Reduced Carbon Bond Fund, managed by Kris Atkinson with Sajiv Vaid supporting as co-portfolio manager, aims to build a global corporate bond portfolio with genuine impact on reducing emissions. The fund limits the exposure to companies with the highest carbon emissions intensity and largest carbon reserves. Through an active engagement approach, the portfolio manager looks to identify companies transitioning towards a greener environment.       

Kris Atkinson, Lead Portfolio Manager, FF Sustainable Reduced Carbon Bond Fund, Fidelity International, comments: “Some investors believe green investing is black and white, only considering companies with low or zero emissions. It isn’t. To tackle the threat of climate change as investors we need to embrace companies transitioning to greener business models, not exclude them. By actively engaging with companies we can reduce emissions, influence their decarbonisation strategies and move to a more sustainable future.”

Sajiv Vaid, Co-Portfolio Manager, FF Sustainable Reduced Carbon Bond Fund, Fidelity International, adds: “The fund is a good solution for clients, bringing together the strength of Fidelity’s credit research focused fixed income platform and our environmental sustainability philosophy. It combines the best of existing approaches to provide a climate aligned portfolio that balances diversification, sustainability and return.”

The Fidelity Funds -Sustainable Reduced Carbon Bond Fund forms part of Fidelity’s ‘Sustainable Family’** funds range, which consists of five products; two sustainable thematic funds focusing on carbon reduction and water and waste as well as three best-in-class equity and fixed income funds.

The value of investments and the income from them can go down as well as up so you may get back less than you invest. Due to the greater possibility of default an investment in a corporate bond is generally less secure than an investment in government bonds. The Investment Manager’s focus on securities of companies which maintain strong environmental, social and governance (“ESG”) credentials may result in a return that at times compares unfavourably to similar products without such focus.


Fidelity International

Publié le 09 mars 2020