Fossil fuel companiesare fueling the climate crisis.


Macquarie Climate Solutions Fund

Shareclass
Macquarie Climate Solutions A (IEYAX)
Type
Open-end mutual fund
Manager
Sustainability mandate
Fossil fuel exposure of 46.28% places the fund in the F tier, between 9% and 100% exposure.

Methodology
F
Investments in major fossil fuel companies
Anglo American PLC
Carbon Underground 200Top 200 carbon reserves
$4.27 MILLION
RWE AG Class A
Carbon Underground 200Top 200 carbon reserves
$3.84 MILLION
CLP Holdings Ltd
Carbon Underground 200Top 200 carbon reservesMacroclimate 50Top 50 coal-fired power
$3.09 MILLION
Occidental Petroleum Corp
Carbon Underground 200Top 200 carbon reserves
$2.66 MILLION
Fossil fuel holdings
Energy sector
Top 200 owners of carbon reserves
Top 200 owners of carbon reserves
Carbon Underground 200
4
holdings
$13.85M
invested
14%
of portfolio
Coal industry
Coal industry
Coal miners, coal services, owners of coal reserves
6
holdings
$19.74M
invested
20%
of portfolio
Oil/gas industry
Oil/gas industry
Oil/gas producers and refiners, oil field services and equipment companies, pipeline operators
12
holdings
$37.36M
invested
38%
of portfolio
Utility sector
Top 50 coal-fired utilities
Top 50 coal-fired utilities
Macroclimate 50
1
holdings
$3.09M
invested
3.15%
of portfolio
Fossil-fired utilities
Fossil-fired utilities
Utilities burning fossil fuels or distributing gas
9
holdings
$30.6M
invested
31%
of portfolio
  When calculating a portfolio's screen exposure, we only consider long investments, ignoring any shorts or liabilities.
All fossil fuel companies
14 holdings
14 holdings
  • 1. Anglo American PLC
    Carbon Underground 200Coal industry
    $4.27M
    4.35%
  • 2. Xcel Energy Inc
    Oil/gas industryFossil-fired utility
    $3.98M
    4.05%
  • 3. Ameren Corp
    Coal industryOil/gas industryFossil-fired utility
    $3.86M
    3.93%
  • 4. RWE AG Class A
    Carbon Underground 200Coal industryOil/gas industryFossil-fired utility
    $3.84M
    3.91%
  • 5. CMS Energy Corp
    Fossil-fired utility
    $3.79M
    3.86%
See all



Financial performance
Performance data provided byMorningstarFind more financial data on IEYAX at Morningstar.com
Current fund
IEYAX
Macquarie Climate Solutions Fund
Family
Macquarie
Category
Global Small/Mid Stock
vs.
Benchmark
ACWI
iShares MSCI ACWI ETF
Family
iShares from BlackRock
Category
Global Large-Stock Blend
Fund comparison settings
Investment timeline
Performance as of: 6/30/25
1 year
3 years
5 years
10 years
Benchmark
Suggested: MSCI ACWI
ACWI - iShares MSCI ACWI ETF
Fund comparison results
Compared to the benchmark, this fund has:
Lower
 10-yr returns 
-13.29% less in annualized returns
More invested in fossil fuels 
38% more invested
Lower fossil finance risk score 
31 points lower
Lower fossil insurance risk score 
17 points lower
Less invested in Clean200 
6.63% less invested
Current fund
IEYAX
Macquarie Climate Solutions Fund
Family
Macquarie
Category
Global Small/Mid Stock
vs.
Benchmark
ACWI
iShares MSCI ACWI ETF
Family
iShares from BlackRock
Category
Global Large-Stock Blend
Fund comparison settings
Investment timeline
Performance as of: 6/30/25
1 year
3 years
5 years
10 years
Benchmark
Suggested: MSCI ACWI
ACWI - iShares MSCI ACWI ETF
Fund comparison results
Compared to the benchmark, this fund has:
Lower
 10-yr returns 
-13.29% less in annualized returns
More invested in fossil fuels 
38% more invested
Lower fossil finance risk score 
31 points lower
Lower fossil insurance risk score 
17 points lower
Less invested in Clean200 
6.63% less invested
Current fund
IEYAX
Macquarie Climate Solutions Fund
Family
Macquarie
Category
Global Small/Mid Stock
vs.
Benchmark
ACWI
iShares MSCI ACWI ETF
Family
iShares from BlackRock
Category
Global Large-Stock Blend
Fund comparison settings
Investment timeline
Performance as of: 6/30/25
1 year
3 years
5 years
10 years
Benchmark
Suggested: MSCI ACWI
ACWI - iShares MSCI ACWI ETF
Fund comparison results
Compared to the benchmark, this fund has:
Lower
 10-yr returns 
-13.29% less in annualized returns
More invested in fossil fuels 
38% more invested
Lower fossil finance risk score 
31 points lower
Lower fossil insurance risk score 
17 points lower
Less invested in Clean200 
6.63% less invested
Month-end trailing returns  
Annualized returns
Climate analysis
1-yr
3-yr
5-yr
10-yr
Fossil fuel %
This fund
IEYAX - Macquarie Climate Solutions Fund
-0.26%
2.04%
18%
-3.14%
46% 
Benchmark
ACWI - iShares MSCI ACWI ETF
16%
17%
14%
10%
8.71% 
Fund compared to benchmark
 
-16.68%
-15.33%
4.59%
-13.29%
38%  higher
Find more financial data on IEYAX at Morningstar.com
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