Senior Portfolio Manager, Matt Day discusses the case for global bonds in this video.
This strategy invests in green bonds, where a green bond is principally defined in line with the International Capital Market Association (ICMA) green bond principals as any type of bond instrument where the proceeds will be applied to finance or refinance in part or in full new and/or existing projects that are beneficial to the environment. This can include climate change mitigation, climate change adaptation, natural resource conservation, biodiversity conservation and pollution prevention and control. Bonds invested in will be treasury, government-related, corporate and securitized fixed-rate bonds from both developed and emerging markets issuers. The strategy is typically benchmarked to the Bloomberg Barclays MSCI Global Green Bond Index and can be managed on a currency hedged or unhedged basis.
Mondrian have strong track records in global fixed income, of which green bonds is an emerging sub-set
*Please refer to www.unpri.org for the Principles for Responsible Investments (“PRI”) assessment methodology. Mondrian’s full Assessment Report and Transparency Report may be requested via the PRI Data Portal.
Green bonds' proceeds are directed exclusively to financing projects that have a positive environmental impact. However there is still no one widely accepted definition of what constitutes green.
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All information is as of March 31, 2021 unless otherwise noted.
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