ESG Mandated
Responsible ESG U.S. Equity Portfolio
Performance
| Equities | Ticker | As of 05/26/23 | As of 3/31/23 | Inception Date | Gross Expense Ratio | Net Expense Ratio | |||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Nav | YTD | 1 Year | 3 Year | 5 Year | 10 Year | Since Inception | |||||
| Responsible ESG U.S. Equity Portfolio | RESGX | 15.48 | 2.42% | -6.74% | 18.83% | 7.68% | N/A | 10.53% | 12/22/15 | 1.02% | 0.85% |
Performance data quoted represents past performance; past performance does not guarantee future results. The investment return and principal value will change so that an investor’s shares when redeemed, may be worth more or less than their original cost. Current performance of the fund may be lower or higher than the performance quoted. Performance of periods less than one year are cumulative and not annualized. Returns assume the deduction of fund expenses. Performance data current to the most Month- end can be obtained by calling 1-800-442-8299.
Year to Date (YTD) returns are historical and are calculated by determining the percentage change in net asset value (NAV) with all distributions reinvested.
Overview
GIM believes that a benchmark-agnostic portfolio of large cap stocks, using environmentally sensitive screens and constructed with proprietary multi-factor models, may achieve superior long-term performance. Our disciplined process creates and consistently maintains a strategy with favorable attributes relative to the benchmark index utilizing unique stock ranking models for each sector, downside risk screens and leading industry group indicators. The process employs a quantitative discipline based on fundamental insights.
Quantitative discipline; fundamental insight Models based on intuitive fundamentals that drive performance
Proprietary, diversified models for each industry group Unique models for buying and selling
Environmental sensitivity screening integrated into portfolios since 2001
Benchmark-agnostic position weights Seeks to minimize single-stock risk; avoids bias toward expensive stocks
Continuity of senior Responsible ESG team since inception Inception date of December 22, 2015
Summary Investment Guidelines
- Universe: domestic stocks in the Russell 1000 Index, S&P 500 Index or over $3 billion in market capitalization
- Benchmark: Russell 1000 Index
- 80-120 holdings
- Existing position maximum: 2% for any security
- Sector: +/–3% vs. Russell 1000 Index
- Maximum sub-industry weightings are limited to 3% above the benchmark weightings
Portfolio Managers
Fund Materials
Before you invest in the Glenmede Funds please refer to the equity prospectus and/or bond prospectus and/or equity institutional class prospectus for important information about the investment company, including investment objectives, risks, charges and expenses. You may also obtain a hard copy of the prospectus by calling 1-800-442-8299. The prospectus should be read carefully before you invest or send money. Related Literature and Disclosures
The Glenmede Funds are offered only to United States residents, and information on this site is intended only for such persons. Nothing on this website should be considered a solicitation to buy or an offer to sell shares of any Glenmede Fund in any jurisdiction where the offer of solicitation would be unlawful under the securities laws of such jurisdiction.
*The Responsible ESG US Equity Portfolio has a contractual management fee/expense waivers that continue through February 29, 2024. To the extent a Fund’s expenses were reduced by waivers, the Fund’s total returns were increased. In these cases, the Fund’s total returns would have been lower had there been no waivers. This is only applicable to the tabs with the Funds with the fee waiver.
The Russell 1000 Index is an unmanaged, market-capitalization-weighted total return index comprised of the largest 1,000 companies in the Russell 3000 Index. This unmanaged index is a total return index with dividends reinvested. One cannot invest directly in an index.
The S&P 500 Index consists of 500 widely held common stocks. This unmanaged index is a total return index with dividends reinvested. One cannot invest directly in an index.
Mutual fund investing involves risk. Principal loss is possible.
The Fund may invest in IPOs and the market value of IPO shares could fluctuate considerably due to factors such as the absence of a prior public market, unseasoned trading, the small number of shares available for trading, and limited information about the issuer. The values of growth stocks may be more sensitive to changes in current or expected earnings than the values of other stocks. There is no guarantee that the prices of these stocks will not move even lower.
The Glenmede Funds are distributed by Quasar Distributors, LLC.