The Social Choice Bond investment strategy seeks a favorable a long-term total return through income that is consistent with preserving capital, primarily from investment-grade, fixed-income securities while giving special consideration to social criteria.
The Social Choice Bond investment strategy focuses primarily on undervalued, investment-grade securities and seeks to add value through sector allocation, yield-curve positioning, pro-active social investments, and security selection. The strategy utilizes extensive and rigorous research to identify undervalued securities.
The portfolio manager uses MSCI USA Investable Market Index (IMI) ESG Index as its eligible public company universe. To build the portfolio, the team assesses macroeconomic factors, determines sector weightings, evaluates fixed income fundamentals, applies screens, and makes proactive social investments.
Social Choice Bond portfolios are subject to certain risks such as market and investment style risk. Fixed-income investments are subject to certain risks such as interest rate, inflation, and credit risks. Because its social screens exclude some investments, portfolios may not be able to take advantage of the same opportunities or market trends as portfolios that do not use such criteria.
This material is provided 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.