The fund seeks capital appreciation in the long term by investing in companies in the United States.
The sub-advisor’s investment process starts with a list of companies in the underlying benchmark index and the research team uses quantitative techniques and fundamental analysis to identify investment opportunities.
The sub-adviser employs a passive strategy designed to track the performance of one or more indices and allocates assets among the Indexes depending on its assessment of the markets.
The team prefers companies that replicate the benchmark index consistent with social witness principles of the General Assembly of the Presbyterian Church (U.S.A.).
The faith-based fund seeks to avoid investing in companies involved in tobacco, alcohol, gambling, for-profit prisons, weapons production, anti-personnel, mines, handguns and assault weapons. In addition, the team also screens companies involved in serious human rights violations.
The sub-adviser selects the fund's securities under the general supervision of the investment adviser.
