Industry description
The investment seeks to maximize total return while seeking to maintain certain ESG characteristics, climate risk exposure and climate opportunities relative to the fund’s benchmark.
Under normal circumstances, the fund seeks to invest at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in equity securities of U.S. issuers and derivatives with similar economic characteristics. Generally, the fund will invest in equities or other financial instruments that are components of, or have market capitalizations similar to, the securities included in, the Russell 1000® Growth Index. The fund is non-diversified.