| NASDAQ Exchange | United States Country |
The fund is designed to address the needs of investors seeking to contribute positively to society while earning income through their investments. It focuses on selecting income-producing securities from entities that are recognized for their positive contributions to customers, employees, suppliers, communities, the environment, and society at large. With a strategy that prioritizes both social impact and financial return, the fund invests primarily in bonds, ensuring a significant portion of its assets is allocated toward initiatives and companies that align with its mission of societal betterment.
This product focuses on generating income for investors through securities that not only offer financial returns but also align with positive societal impacts. These securities are issued by entities that excel in serving their customers, employees, suppliers, communities, and the environment, promoting a broader sense of corporate responsibility alongside investment returns.
The fund dedicates at least 80% of its net assets (plus any borrowings for investment purposes) to bonds. This approach underscores its commitment to providing investors with a stable and predictable income stream, while also supporting projects and companies that have a positive social impact. The fund seeks out bonds from issuers that are making significant contributions to society, aligning investors' financial goals with their values.
With a focus on fixed income investments, the fund offers exposure to securities that may range in maturity but maintains a weighted average effective portfolio duration of no more than five years. This strategy caters to investors looking for shorter to medium-term investment horizons without compromising on their commitment to social responsibility. It allows for a more fluid investment strategy that can adapt to changing market conditions and social impact opportunities.