Eventide Core Bond Fund Class I Shares (ETIRX)

Overview

The fund is an investment vehicle aimed at individuals and institutional investors who are keen on contributing positively to society while earning income from their investments. This approach reflects a growing trend toward socially responsible investing (SRI) or environmental, social, and governance (ESG) criteria, where the impact of investment is considered alongside financial return. By focusing on income-producing securities from entities that significantly contribute to societal well-being across various dimensions—such as customer satisfaction, employee welfare, supplier relationships, community involvement, and environmental stewardship—the fund positions itself as an attractive option for investors looking to align their financial goals with their values. The comprehensive consideration of entities’ contributions to society underscores a commitment not just to financial yields, but also to fostering a positive impact across multiple sectors.

Products and Services

• Income-Producing Securities

At the core of the fund's investment strategy are income-producing securities. These are financial instruments like bonds, dividend-paying stocks, or other securities that generate a regular income stream for investors. By focusing on securities from entities that positively impact society, the fund not only aims to provide a financial return but also to promote social and environmental well-being.

• Bond Investments

The fund extensively invests in bonds, which may range across different maturities. Bonds are debt securities issued by corporations or governments to raise funds. Investors earn interest on these bonds over time, making them a crucial component of the fund's income-generation strategy. The selection of bonds is guided by the issuer's contribution to societal objectives, alongside financial health and stability, reflecting a balance of ethical considerations with investment profitability.

• Weighted Average Duration Strategy

Managing investment risk and return through a weighted average duration strategy, the fund adjusts its bond portfolio within a duration of three to nine years under normal market conditions. Duration is a measure of the sensitivity of bond prices to changes in interest rates, with the weighted average duration providing an insight into the fund's overall interest rate risk profile. By maintaining a duration within a specific range, the fund aims to mitigate potential risks associated with interest rate fluctuations while seeking to optimize returns for investors, reflecting a thoughtful blend of strategic financial management and commitment to social responsibility.