Description

The fund primarily allocates its capital to the common equities that comprise its benchmark index. This index is derived from the MSCI World ex USA Socially Responsible Investment (SRI) Index, but with a specific exclusion of companies. It filters out firms involved in the exploration, extraction, production, manufacturing, or refining of coal, oil, or natural gas. Additionally, companies that generate or transmit electricity from fossil fuels, transmit natural gas, or hold carbon reserves – all originally identified within the World ex USA SRI Index – are systematically removed.