CHICAGO, Illinois, November 16, 2015 – Incapital LLC recently announced the launch of the Nuveen TIAA ESG Global Dividend Portfolio, a new two-year equity unit trust that seeks to provide capital appreciation and current income by investing in high-quality dividend paying companies while incorporating certain environmental, social, and governance (ESG) criteria in the security selection process. This trust can serve as a core equity allocation and is the latest trust to join Incapital’s Legacy™ platform, which provides issuers and financial professionals the opportunity to offer investors a broad range of products that align financial goals with personal principles through values-based investing.
“We are bringing this portfolio to market to satisfy increasing demand from investors wishing to have a quality portfolio option in the ESG space,” said John Browning, Managing Director of Incapital Unit Trusts. “Incapital is committed to its leadership in values-based investing programs through our Legacy™ platform,” added Louise Herrle, Managing Director of Incapital Capital Markets. “We are always looking to expand our involvement in this growing sector and are proud to welcome Nuveen Investments and TIAA-CREF to the Legacy™ platform with this new unit trust.”
Incapital serves as the trust’s sponsor and Nuveen Securities, LLC, will provide marketing and distribution support. The portfolio will feature the investment expertise of TIAA-CREF Asset Management (TCAM), as the Trust’s portfolio will be recommended by TCAM’s Teachers Advisors, Inc. Respected for its decades-long leadership in the responsible investment space, the TCAM team will serve as the portfolio consultant, responsible for recommending a portfolio of securities for the unit trust in line with its commitment to deliver responsible investment products that seek competitive returns, while promoting broader economic development, positive societal outcomes and a healthier environment.
“Globally, investor interest in ESG-focused and impact investing options continue to grow, and this launch represents a compelling opportunity to build upon our experience and further serve investors who want ESG factors explicitly included as part of their investments,” said Amy O’Brien, Managing Director and Head of TIAA-CREF Asset Management’s Responsible Investment team. “We’re delighted to collaborate with Incapital and Nuveen Investments to deliver a competitive investment option that helps investors achieve their goals.”
For more information about the Nuveen TIAA ESG Global Dividend Portfolio, please visit www.incapital.com/tiaaesg.
For more information about the Incapital Legacy™ platform, please visit www.incapital.com/legacy.
Incapital was founded in 1999 and today is a leading underwriter and distributor of securities to more than 800 broker- dealers, institutions, asset managers, RIAs and banks. The firm represents more than 300 issuing entities and has underwritten more than $400 billion in securities. Within its Wealth Management Solutions division, Incapital provides financial professionals with access to a broad range of Unit Trusts and Market-Linked Products, as well as a host of educational resources and dedicated support from a nationwide team of wholesalers. The firm is headquartered in Chicago, IL and has a principal office in Boca Raton, FL. Further information is available at www.incapital.com.
TIAA-CREF (www.tiaa-cref.org) is a national financial services organization with $834 billion in assets under management (as of 9/30/2015) and is the leading provider of retirement services in the academic, research, medical and cultural fields.
TIAA-CREF Asset Management (www.tiaa-cref.org/public/assetmanagement) is part of the TIAA-CREF group of companies and provides investment advice and portfolio management services to individual investors, intermediaries and institutional clients through its subsidiaries. Its strategies cover a wide array of global asset classes, including equities, fixed income, real estate and alternative investments.
FOR NUVEEN INVESTMENTS
Mary Ellen Higgins
TIAA-CREF Asset Management provides investment advice and portfolio management services to the TIAA-CREF group of companies through the following entities: Teachers Advisors, Inc., TIAA-CREF Investment Management, LLC, TIAA-CREF Alternatives Advisors, LLC, and Teachers Insurance and Annuity Association of America. Teachers Advisors, Inc., TIAA-CREF Investment Management, LLC, and TIAA-CREF Alternatives Advisors, LLC are registered investment advisers and wholly owned subsidiary of Teachers Insurance and Annuity Association of America (TIAA).
The Trust is subject to ESG risk, namely that because the Trust’s ESG criteria exclude securities of certain issuers for nonfinancial reasons, the Trust may forgo some market opportunities available to trusts that do not use these criteria.
TIAA-CREF Individual & Institutional Services, LLC, Teachers Personal Investors Services, Inc., and Nuveen Securities, LLC, Members FINRA and SIPC, distribute securities products.
The material is for informational purposes only and should not be regarded as a recommendation or an offer to buy or sell any product or service to which this information may relate. Certain products and services may not be available to all entities or persons.