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Sustainable & Responsible Mutual Fund Chart

Fund Profile:
Appleseed Fund Download as PDF for Printing PDF Download

Jump to: General Fund Information | Fund Institution Information | Account Minimums | Methodology | Proxy Voting Information | Specific Screening Information by Category | Performance Data


General Fund Information - [Return to Top]

Ticker: APPLX

Assets under management (AUM): $175.52M (in US$ millions) - See other performance data below

General Fund Type: International, Global, Foreign

Specific Sizes or Types of Investments: --

Financial Objective: Outperform the MSCI World Index

Specific ESG Focus: The Appleseed Fund excludes companies that derive material revenues from tobacco products, alcoholic beverages, gambling, weapon systems, pornography or 'Too-Big-to-Fail' Banking. At Appleseed, we examine a company's Environmental, Social, and Governance (ESG) factors when we evaluate an investment, when we communicate with management, and when we vote on shareholder initiatives.

To invest, call: 800-470-1029

 


Institution Name:
Appleseed Capital, division of Pekin Singer Strauss Asset Management

Contact info:
161 North Clark Street, Suite 2200
Chicago, IL 60601
USA
Phone: 312-896-9660
Fax: 312-554-7505
Email: colin@appleseedcapital.com
Web: http://www.appleseedcapital.com (Opens in a new window)

 

Account Minimums - [Return to Top]

Minimum Account: $2,500

Minimum IRA: $1,000

 

Methodology - [Return to Top]

Screening Venue: In-house and outside

Screening Party: Appleseed Fund portfolio managers and analysts

Screening Database Used: RiskMetrics Group and TrustSimon

Screening Process: We apply both negative and positive ESG screens to potential investments. We apply negative screens to avoid investment in companies in the fossil fuel industry, tobacco products, alcoholic beverages, gambling, weapons, and pornography. We then apply positive screens measuring company performance related to the environment, human rights, and human health. In addition, we allocate at least 1% of portfolio investments to community investing. When applying our ESG screens, we rely on external research (MSCI) and on our own analysts. We apply our ESG screens at the same time we apply our valuation screens. Only companies that meet both our ESG and valuation criteria qualify for inclusion in the Appleseed Fund.

 

Proxy Voting Information - [Return to Top]

Proxy Voting Guidelines or Policies: Call 800-470-1029

Proxy Voting Records: Call 800-470-1029

 

Specific Screening Information by Category - [Return to Top]

Environment

  • Climate / Clean Technology: Combination of Positive and Restricted/Exclusionary Strategies
  • Pollution / Toxics: Combination of Positive and Restricted/Exclusionary Strategies
  • Other Environmental: Combination of Positive and Restricted/Exclusionary Strategies

Social

  • Community Development: Positive Investment
  • Human Rights: Positive Investment
  • Labor Relations: Positive Investment
  • Sudan: No Investment

Governance

  • Board Issues: Combination of Positive and Restricted/Exclusionary Strategies
  • Executive Pay: Combination of Positive and Restricted/Exclusionary Strategies

Products

  • Alcohol: No Investment - Excludes companies with more than 5% of revenues derived from alcohol products.
  • Defense/Weapons: Restricted/Exclusionary Investment - Exclude companies with more than 5% of revenues derived from weapons.
  • Gambling: No Investment - Exclude companies with more than 5% of revenues derived from gambling.
  • Tobacco: No Investment - Excludes companies with more than 5% of revenues derived from tobacco.

Other

  • Shareholder Engagement - Shareholder Resolutions: Filed or co-filed with companies on environmental, social or governance issues
  • Shareholder Engagement - Private Dialogue: Conducted with companies on environmental, social or governance issues

Performance Data - [Return to Top]

Data provided by: Bloomberg logo - Information current as of April 30, 2017

Year-to-date rate of return: 6.59%

1-year rate of return: 7.62%

3-year rate of return: 0.92%

5-year rate of return: 4.9%

10-year rate of return: 5.32%

Previous year rate of return: 9.94%

Management fee: 0.85%

Expense ratio: 1.2%

Standard deviation: 7.71%

Benchmark used: MSCI World

Disclaimer: --


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