United StatesCapital at risk. Past performance is not a reliable indicator of current or future results and should not be the sole factor of consideration when selecting a product or strategy.
Information regarding key risk considerations for this Impax strategy can be viewed here.
As of 30th June 2024
Jon Forster
Fotis Chatzimichalakis
Overview
The Specialists Strategy seeks to achieve sustainable, above market returns over the longer term by investing globally in companies that are developing innovative solutions to resource challenges in environmental markets. These markets address a number of long term macro-economic themes: growing populations, rising living standards, increasing urbanization, rising consumption, and depletion of limited natural resources. Investments are made in “pure-play” small and mid-cap companies which have ≥50% of their underlying revenue generated by sales of products or services in environmental markets.
High Growth
Powerful drivers – growing population, rising living standards and finite natural resources – have triggered above average growth for companies in the environmental markets.
Pure Play
All companies derive the majority of their revenues or profits by creating solutions to environmental constraints.
Positive Impact
5 years of impact reporting demonstrating environmental benefits from companies in the portfolio.
Discrete performance (%) USD
| 2024 YTD | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|
| Specialists Composite (gross) | 4.26 | 11.24 | -23.23 | 20.47 | 33.04 | 35.91 |
| Specialists Composite (net) | 3.60 | 10.03 | -24.06 | 19.16 | 31.59 | 34.43 |
| MSCI ACWI | 13.10 | 22.20 | -18.36 | 18.54 | 16.25 | 26.60 |
Figures refer to the past and that past performance is not a reliable indicator of future results. The value of investments, and the income derived from them, can fall as well as rise. Investors may get back less than invested. All data as of 31st July 2024, unless otherwise stated. Performance is shown net of ongoing charges and portfolio costs, with net-income reinvested where applicable. Source: FactSet, Bloomberg, WM Reuters.
Data is in USD. Composite figures are presented both gross and net of management fees and include the reinvestment of all income. Impax Asset Management claims compliance with Global Investment Performance Standards (GIPS®) and has prepared and presented this report in compliance with the GIPS standards. Please click here for the GIPS® Disclosure for additional information on the composite.