Description

The fund aims to create an ESG portfolio having significantly reduced weighted average carbon intensity relative to its reference equity universe Scientific Beta US Universe. It initially selects large- and mid-cap stocks from its reference universe according to market capitalization and liquidity. Eligible securities are then narrowed down through Carbon Filteringa process of removing the most carbon intensive stocks within each sector as well as the companies that fail to meet the funds pre-determined ESG standards. Holdings are market-cap-weighted and are rebalanced on a quarterly basis.