Winner: ESG Investing, Women in Leadership Fund
The Family Wealth Report is a publication of ClearView Financial Media directed at subscribers across the financial services industry. The judging process is conducted by a panel appointed by the firm. The requirements for this category: asset/fund managers or wealth managers that cover ESG investing programs, strategies or funds. Nine entrants were received for this category and from this five were selected to be shortlisted. The judging process commenced with the relevant panel reviewing, submitting, and selecting the firms to be shortlisted. Once decided, the panel met to determine the ultimate winner. Each judge put forward their case for how this firm stood out to them specifically and any additional information they felt was relevant. The final vote decided the winner.
Investment Objective
Maximum long-term total return consistent with reasonable risk to principal.
We seek to create and consistently maintain a strategy with favorable attributes relative to the benchmark index utilizing unique stock ranking models for each sector, downside risk screens and leading industry group indicators. This strategy invests in companies with significant female representation in leadership that meet at least one of the following criteria: a Chairwoman, a female CEO, women comprising at least 33% of the Board or 33% of senior management, respectively. In addition, the strategy incorporates other gender lens metrics in differentiating companies.
The portfolio management team provides an in-depth perspective on women in leadership.
Key Tenets of Our Approach
Key 1
Proprietary, multi-factor stock selection models including gender diversity metrics for each sector
Key 2
Downside risk screens: earnings surprise indicators, quality of earnings
Key 3
Leading industry group indicators, integrating top-down and bottom-up metrics
Universe
- Stocks with women in significant leadership roles on the Russell 1000 Index or S&P 500 Index
Benchmark
- Russell 1000 Index
Operating Target
- Typically, 40-80 holdings
- Existing position maximum: 4% for any security
- Fully invested: Typically <1% cash
Limiting Exposure
- Sector: +/– 3% vs. the benchmark
- Industry: +/– 2% vs. the benchmark
The S&P 500 Index consists of 500 widely held common stocks. This unmanaged index is a total return index with dividends reinvested.
The Russell 1000 Index is an unmanaged, market value weighted index, which measures performance of the largest 1,000 companies in the market.
One cannot invest directly in an index.
This website is for informational purposes only. GIM products are actively managed and their characteristics will vary. All investment has risk, including the risk of loss of principal. There can be no assurance that efforts to manage risk or to achieve any articulated investment objective will be successful. An investor should consider investment objectives, risks, charges and expenses carefully before investing. For additional information regarding risks and about the firm, please refer to Related Literature and Disclosures.