Advisors and their clients who want to invest in environmentally sustainable assets have two new choices with the launch of Sustainable Asset Management’s (SAM) Sustainable Water Fund and Sustainable Climate Fund.

Dieter Kueffer will manage the Sustainable Water Fund with deputy fund manager Rainer Baumann. The managers can invest globally in developed markets in any cap range, primarily in equities of “water-related issuers,” according to an October 15 announcement.

Thiemo Lang will manage the Sustainable Climate Fund, with Dieter Kueffer as deputy fund manager, investing in “climate mitigation,” “climate adaptation,” and “climate relief,” according to the Web site of the Zurich-based fund family’s U.S. distributor Robeco Securities, LLC. Sustainable Climate Fund can invest in any cap range, in developed markets globally.

Both funds opened October 1, are no-load, and are available as investor class shares, with a 1.74% expense ratio and a $2,500 investment minimum, or institutional class shares with a 1.49% expense ratio and a $100,000 minimum investment. The symbol for SAM Sustainable Water Fund’s institutional shares is SMWIX; for investor class shares it’s SMWNX. The symbol for Sustainable Climate Fund’s institutional shares is SSCIX; for investor class shares it’s SMCNX.

SAM has $6.1 billion in assets under management and $5.7 billion “under index licenses,” as of August 31. Netherlands-based Robeco Investment Management has $200 billion in assets under management, as of June 30, according to the announcement.