United StatesUnited States Institutional Investor

Sustainable Food Strategy

Seeks to achieve long-term capital growth and provide a level of income by investing in companies helping to address the sustainability challenges facing the food sector.

Capital 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.

AUM
As of 31 March 2025
US$759m
Holdings
30-50
Universe
c.520 companies
Launch date
December 2012
Portfolio managers
Agne Rackauskaite
Katy Hutchinson

Overview

The Sustainable Food strategy seeks to achieve long term capital growth and provide a level of income by investing in companies helping to address the sustainability challenges facing the food sector. Investments are made in companies that generate ≥20% of their revenues from sustainable food activities. This includes companies that are helping to lower the environmental impact of agriculture and food production, facilitating the provision of safe and nutritious food, and promoting animal welfare standards along the food value chain.

Strong drivers

A growing population seeking nutritious, healthy and responsibly sourced food.

Differentiated approach

Avoiding “false friends” which increase food production but create pollution challenges.

Sustainable Development Goals

Aligned with UN objectives to improve responsible consumption, sustainable food production and life on land and below water.

Discrete performance (%) USD

(As of 31/03/2025)
Past performance does not predict future returns.
 2025 YTD20242023202220212020
Sustainable Food Composite (gross)0.262.410.13-14.7312.9114.16
Sustainable Food Composite (net)0.172.05-0.22-15.0312.5113.74
MSCI ACWI Agriculture & Food Chain Capped Index4.65-12.10-10.867.2624.4010.10
MSCI ACWI-1.3217.4922.20-18.3618.5416.25

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 at reporting date indicated above, unless otherwise stated. Performance is shown net of ongoing charges and portfolio costs, with net-income reinvested where applicable. Source: FactSet, Bloomberg, WM Reuters.

MSCI indices are total net return (net dividend reinvested).

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.

Portfolio Managers

Agne Rackauskaite, CFA®

Portfolio Manager

Agne is a co-Portfolio Manager of the Impax Sustainable Food strategy and has been a member of the portfolio team since the strategy’s inception in 2012. Agne researches stocks globally with a particular focus on the consumer staples, industrials and materials sectors.

Agne joined Impax in 2011 as an equity analyst for listed investments.

Agne graduated from the University of Warwick with a bachelor’s degree in Economics and is a CFA® Charterholder.

Authored Insights

Katy Hutchinson, CFA®

Portfolio Manager

Katy is a co-Portfolio Manager of the Impax Sustainable Food strategy. She researches stocks globally with a focus on the consumer discretionary, staples and materials sectors.

Prior to joining Impax in 2021, Katy was part of the research team at Davy where her core responsibilities were performing bottom-up analysis on covered stocks and related peers, global food and consumer sector-wide research, valuation and forecasting analysis, and stakeholder management. She began her career as a finance intern at Taxback.com.

Katy has a bachelor’s degree in economics, politics, and law from Dublin City University and a certificate in economics and finance from the Paris Institute of Political Studies. She is a CFA® Charterholder.

Authored Insights

Scroll to top
To get started, please select your location and investor type below.

If you are invested in Impax Funds – regardless of share class (Investor, Institutional, or Class A) or account type (individual, business or other entity) please select Impax Funds Investor as your Investor Type.

Access Impax Asset Management Limited’s Form CRS here.

Important Information

I confirm that my investor role is [investor_type] and I am based in [investor_country] and I have read and understood the important information, privacy policy and terms and conditions which govern the use of this website.

Risk Warning

Capital at risk. The value of investments may go up or down and is not guaranteed.