Global Impact Annual Report

Provided education, training, and career access to more than 328.2 million people

Supplied more than 2.4 million affordable housing units

Generated over 5,389 TWh of renewable energy, enough to power 463 million homes and avoid 3.87 billion metric tons of CO2 emissions
 

Provided or cleaned more than 142 billion cubic meters of water

Protected over 65,500 enterprise customers with cybersecurity tools and technology

Provided digital access to at least 284 million people in developing countries

Avoided 312 million metric tons of greenhouse gas (GHG) emissions through improved resource efficiency

ALL INVESTING INVOLVES RISK. IF AN INVESTOR IS IN ANY DOUBT AS TO THE SUITABILITY OF AN INVESTMENT, THEY SHOULD CONSULT AN INDEPENDENT FINANCIAL ADVISER.PAST RESULTS ARE NOT NECESSARILY INDICATIVE OF FUTURE RESULTS AN AN INVESTMENT CAN LOST VALUE. 

Investment risks

Concentration: Concentration of investments in a relatively small number of securities, sectors or industries, or geographical regions may significantly affect performance.

Currency: Investments in currencies, currency futures contracts, forward currency exchange contracts or similar instruments, as well as in securities that are denominated in foreign currency, are subject to the risk that the value of a particular currency will change in relation to one or more other currencies.

Equity markets: Equity markets are subject to many factors, including economic conditions, government regulations, market sentiment, local and international political events, and environmental and technological issues.

Foreign markets (includes emerging markets): Investments in foreign markets may present risks not typically associated with domestic markets. These risks may include changes in currency exchange rates; less-liquid markets and less available information; less government supervision of exchanges, brokers, and issuers; increased social, economic, and political uncertainty; and greater price volatility. These risks may be greater in emerging markets, which may also entail different risks than developed markets.

Smaller-capitalization stocks: The share prices of smalland midcap companies may exhibit greater volatility than the share prices of larger-cap companies. In addition, shares of small- and mid-cap companies are often less liquid than largercap companies.

Important disclosures

Investment illustrations, spotlights, and holdings 

Data provided is as of 31 December 2020 | Investment examples are based on holdings of the Fund from 1 January to 31 December 2020. Holdings may change over time. Company examples are for illustrative purposes only, are not representative of all investments made by the portfolio, and should not be interpreted as a recommendation or advice. Please refer to the annual and semi-annual report for the full holdings.

Please see the important disclosure page for more information.