| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
| NR Nicole Renaux Pioneer Wealth Management Group | 23,032 | $799,041.41 | $923,583.2 | $124,541.79 | 15.59% |
| NASDAQ (NMS) Exchange | US Country |
This fund is dedicated to investors aiming to align their investment portfolios with their Catholic moral and social values. It primarily focuses on investing in developed market equities outside of the United States, offering an investment opportunity that adheres to the social and moral teachings of the Catholic Church. By ensuring that at least 80% of its total assets, in addition to any borrowings for investment purposes, are invested in securities or ADRs (American Depositary Receipts) and GDRs (Global Depositary Receipts) that form part of the underlying index, the fund commits itself to a strategy that is both ethically oriented and globally focused. The underlying index is meticulously designed to track equity securities in developed markets, excluding the U.S., providing exposure that is simultaneously international and ethically conscientious. It is categorized as non-diversified, which means it may invest more of its assets in fewer issuers than a diversified fund.
This service involves the fund's primary investment in equity securities of companies located in developed markets outside of the U.S. The selection of these securities is guided by their alignment with the moral and social teachings of the Catholic Church, thereby providing an ethically vetted global investment opportunity.
As part of its investment strategy, the fund engages in purchasing ADRs (American Depositary Receipts) and GDRs (Global Depositary Receipts). These instruments allow the fund to invest in foreign companies with the convenience of trading in U.S. dollars and under U.S. security regulations, all the while ensuring these investments comply with the ethical criteria set forth by the Catholic Church.
The fund operates as a non-diversified fund, meaning it may invest a greater portion of its assets in a smaller number of issuers. This approach allows for potentially higher returns from those selected investments that align with Catholic values, although it also implies a higher risk compared to diversified funds.