Quaker Green Impact Fund

Overview

The Quaker Green Impact Fund is a co-mingled equity fund that invests in companies that develop solutions to the world’s most pressing environmental and sustainability challenges like climate change, resource efficiency, waste management, and health & well-being.

Impact investing requires a global perspective, and as such, the fund has a large position in international equities. As a multi-manager fund, IMPACT benefits from the experience, skills, and perspectives of different research and portfolio management teams. To help moderate overall volatility and reduce fees, IMPACT has an allocation to an S&P 500 portfolio that is rigorously screened on science-based environmental criteria.

IMPACT is composed of the three active managers – AGF Investments (Toronto, ON), Essex Investment Mgt. (Boston), and KBI Global Advisors (Dublin, IRL). The three active managers invest in a broad array of environmental and sustainable themes including Agricultural Productivity & Clean Fuels, Clean Technology & Efficiency, Efficient Transportation, Environmental Finance, Low Carbon Commerce, Power Merchants & Generation, Power Technology, Renewable Energy, Waste Management, Water, and Health.

The S&P 500 index component is rigorously screened for industries and companies that rank highest on science-based environmental criteria like Ghg emissions, carbon intensity, and deforestation metrics.

For more information or to invest in the Quaker Green Impact Fund, please contact Friends Fiduciary at 215-241-7272 or info@friendsfiduciary.org.

Performance

Unit Value

Unit Values as of: 09/23/2021

wdt_ID Fund Name Fund Type Fund Value
1 Quaker Green Impact Fund Equity $33.34

Quaker Green Impact Fund Unit Value is gross of operating expenses; the Fund does not have scheduled distributions. 

Click here for Historical Unit Values

Investment Returns

Performance as of: 08/31/2021

Fund Name Fund Type wdt_ID Current Month Year to Date Last 12 Months 3 Yrs. 5 Yrs. 10 Yrs. Since Inception Inception Date
Quaker Green Impact Fund Equity 1 3.00% 17.42% 1/31/2021
Benchmark 2 2.68% 20.40%

Market Indices

wdt_ID Market Indices Index Type Current Month Year to Date Last 12 Months 3 Yrs. 5 Yrs. 10 Yrs.
1 S&P 500 Index Equity 3.04% 21.58% 31.17% 18.08% 18.02% 16.34%
2 Barclay's Aggregate Bond Index Fixed Income -0.19% -0.69% -0.08% 5.43% 3.11% 3.18%
3 MSCI All Country World ex-US Index International 1.90% 9.40% 24.87% 9.37% 9.92% 6.57%

Investment returns for periods exceeding 1 year are annualized.

Click here for Quarter-End Performance

Footnotes

  • Investment performance is presented gross of fees and is inclusive of dividends and interest. Investment returns represent past performance and do not guarantee future results. Returns and principal values will fluctuate such that, upon redemption, units may be worth more or less than their original cost. Indices that comprise benchmarks are unmanaged and are inclusive of dividends and interest. Investors cannot invest directly in the indices.
  • Quaker Green Impact Fund Benchmark: 35% S&P 500, 65% MSCI World Index.
  • Fees: The Quaker Green Impact Fund estimated expense ratio for 2021 is based on budgeted investment fees and administrative expenses totaling 0.85% (85 basis points).

Characteristics

Risk

The Quaker Green Impact Fund invests in domestic and international stocks through SEC registered, third-party advisory firms and, as such, is subject to various risks related to the capital markets and to firm specific risks associated with advisors to the fund. Portfolio construction, asset allocation and portfolio management practices may not deliver desired results. The market prices of domestic and international equity investments may fluctuate and may decline along with moves in the broader equity markets or due to economic, industry or company specific events. International and emerging market investments are also subject to geopolitical risks, country specific economic events, and adverse changes in currency values. Investment managers who work in an advisory capacity may not deliver investment results as anticipated. Investors in the fund could experience a decrease in the principal value of their investment or go through a period of underperformance relative to the benchmark.