New Covenant Growth Fund (NCGFX)

Overview

The described fund is an investment entity that aims to provide its investors with exposure to the U.S. equity market. It operates under normal market conditions and focuses on a strategy of investing in a diversified portfolio of equity securities. These securities are selected based on their inclusion in an index that offers broad exposure to various sectors of the U.S. economy. The fund is managed by an advisor who employs a principled investment approach, distinguishing itself by actively avoiding companies engaged in certain industries and activities. Specifically, the fund excludes investments in companies involved in tobacco, alcohol, gambling, for-profit prisons, and certain segments of the weapons production industry, including companies that produce antipersonnel mines, handguns, and assault weapons. Furthermore, the fund exercises discretion to screen out companies implicated in severe human rights violations. This ethical stance informs the fund's investment choices, reflecting a commitment to responsible investment practices.

Products and Services

• Diversified Equity Portfolio

This product offers investors an opportunity to invest in a wide range of equity securities that form part of an index representing the U.S. equity market. The portfolio is diversified across various sectors, aiming to balance risk and opportunity by spreading investments across different types of stocks.

• Ethical Screening Services

Integral to its investment philosophy, the fund provides an ethical screening service, using specific criteria to exclude investments in companies operating in industries such as tobacco, alcohol, gambling, for-profit prisons, and certain weapons manufacturing. This service reflects the fund's commitment to responsible investing and allows investors to align their portfolios with their ethical considerations.

• Human Rights Violations Screening

Going beyond typical ethical investment criteria, the fund also offers screening for companies involved in serious human rights violations. This service underlines the fund's dedication to comprehensive responsible investing principles, ensuring that investments do not support or benefit from practices that are at odds with fundamental human rights.