The fund aims to achieve a return on investment that reflects the return of the S&P 500 ESG Index by providing exposure to 500 stocks from top US companies in leading industries of the US economy.
Fund Exposure
The fund adopts a best-in-class approach to sustainable investing, investing in the best issuers from an ESG perspective within each relevant sector covered by the Index. It excludes companies involved in thermal coal, tobacco, controversial weapons, small arms, military contracting, and oil sands.
Risks
Investors should be aware that the value of equities and equity-related securities can be affected by daily stock market movements, political and economic news, company earnings, and significant corporate events. Additionally, the ESG screening process may reduce the potential investment universe, potentially affecting the value of the Fund's investments compared to a fund without such screening.