AXA IM rolls out its first low-carbon US high yield fund

Fund will be classified as Article 9 under SFDR

AXA IM has launched AXA WF US High Yield Low Carbon Bonds fund, a fully ESG-integrated fund that will target companies with credible plans for reducing carbon and water intensity.

The fund will use a sustainable investment approach to exclude many of the most carbon intensive sectors, including metals, mining and steel producers, utilities, and most sub-sectors within energy. In addition, the ESG scores of companies will be considered in the investment process. ESG research and key performance indicators, including carbon and water intensity scores, will form a key part of the investment decision-making process. AXA IM launches first multi-asset impact fund Within the remaining investible universe, the carbon intensity and water intensity scores of issuer...