Sustainable, Responsible and Impact Mutual Fund and ETF Chart
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: SPFFX
Assets under management (AUM): $6.38M (in US$ millions) - See other performance data below
General Fund Type: Equity Large Cap
Specific Sizes or Types of Investments: US Large Cap Equity (S&P 500 type names)
Financial Objective: Track the performance of the Sphere 500 Fossil-Free Index
Specific ESG Focus: This is the first climate-friendly index fund that was made specifically to help 401(k) and other retirement plan sponsors meet their fiduciary responsibility with a low-fee, diversified index fund that avoids fossil fuel investments and votes its shares for the planet.
To invest, call: 844-2-SPHERE (844-277-4373)
Institution Name:
RAM/Sphere
Mutual Funds Description: RAM/Sphere is an SEC Registered Investment Advisor offering a climate friendly mutual fund under the ticker SPFFX.
Contact info:
1000 Palm Blvd, #571
Isle of Palms,SC 29451
United States
Phone: 617-584-4042
Email: info@reflectionam.com
Web: http://reflectionam.com/sphere (Opens in a new window)
Account Minimums - [Return to Top]
Minimum Account: None
Minimum IRA:
None
Screening Venue: Outside
Screening Party:
As You Sow (www.asyousow.org)
Screening Database Used:
www.fossilfreefunds.org
Screening Process:
Quarterly, the Index Calculation Agent removes those securities identified by the non-profit As You Sow as participating in the Fossil Fuel Industry from the list of the Top 500 Companies in the US. The remaining approximately 415 companies are then purchased on a modified market cap weighted basis.
Proxy Voting Information - [Return to Top]
Proxy Voting Guidelines or Policies: We incorporate the As You Vote proxy voting service offered by the non-profit As You Sow through BroadRidge. (https://www.asyousow.org/vote-your-values)
Proxy Voting Records: Open external link in new window
Specific Screening Information by Category - [Return to Top]
Environment
- Climate / Clean Technology: Restricted/Exclusionary Investment - This fund has a specific mandate to exclude the fossil fuel industry from its list of potential investments.
Social
Governance
Products
- Defense/Weapons: No Investment
- Tobacco: No Investment
Other
Performance Data - [Return to Top]
Data provided by:
- Information current as of December 31, 2023
Year-to-date rate of return: 29.48%
1-year rate of return: 29.48%
3-year rate of return: --
5-year rate of return: --
10-year rate of return: --
Previous year rate of return: -20.07%
Management fee: 0.07%
Expense ratio: 0.07%
Standard deviation: 14.55%
Benchmark used: S&P 500 Composite Total Return | External link (Opens in a new window)
Disclaimer: Before investing in the Sphere 500 Fossil-Free Index Fund (“SPFFX”), consider the index’s investment objectives, risks, charges and expenses. To obtain a prospectus or summary prospectus which contains this and other information, please visit reflectionam.com or talk to your financial advisor. Read it carefully before investing. The Sphere 500 Fossil Free Index tracks the S&P 500 and excludes the ~40 fossil fuel companies that are in the top 500 list. The Sphere 500 Fossil Free Index will not invest in companies whose main lines of business include producing, distributing, or refining fossil fuels, holding reserves of fossil fuels, utilities that are primarily fossil fuel-powered, and producers of equipment for any of the above. However, the fund may invest in companies t