Have you heard about MMFA’s newest investment pool for the Moravian Common Fund? This is our sixth pool or allocation and our second in the Environment, Social, Governance (ESG) category. ESG allocations invest in companies that:
- have a low carbon footprint
- follow best practices in hiring and treat employees fairly
- are socially aware and responsible corporate citizens
- have a track record of good management and delivering results
Environmental, Social, Governance (ESG) investment choices
In many ways, people of faith want to be associated with these kinds of investments. At least three of the managers in our ESG pools have increased focus toward racial equity issues, consistent with the larger work in the Moravian Church.
The new ESG Moderate/Aggressive investment pool has a strategic target of 60% in global equities, 30% in fixed income, 5% in real assets, 4% in alternatives, and 1% cash. It’s distinguished by the increased equity focus in ESG investments.
Our other, existing ESG pool is now renamed “ESG Blended,” for clarity. It was previously known as Growth and Income (ESG). These portfolios offer many opportunities for our Community of Faith. If you think ESG may be right for you, your agency or church, give Chris Spaugh a call today at 336-725-2589 for more information.
