investment STRATEGIES

global sustainable investing

Objectives

• Generate returns in excess of the MSCI ACWI (All Country World Index)

• Provide a diversified global equity strategy with exposure to U.S. large-cap, U.S. small-cap, developed and emerging markets

• Consider environmental, social and governance factors alongside traditional financial analysis

Process

• Overlay a screening tool to narrow the investment universe to a subset of companies that score well on environmental, social and governance (ESG) factors relative to peers

• Evaluating the companies with attractive ESG characteristics, analysts take a relative value approach to identify stocks and bonds that are attractively ranked by our proprietary, multifactor valuation model

• Sector managers only purchase companies that are believed to be strategically positioned to outperform their sector peers

• Investment process applies to both equity and fixed-income securities

Characteristics

• Composition: 90 percent individual securities

• Positions: 50-to-70 stocks, 20-to-30 bonds

• Turnover: 40 to 60 percent

• Benchmark: MSCI ACWI for equities, Bloomberg Barclays Capital Aggregate for fixed income

• Tobacco, coal and civilian firearms manufacturers excluded

Team
Peter Jones, CFA
Jason Norris, CFA
Krystal Daibes Higgins, CFA

Updated annually. Data as of January 1, 2024.