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ESG Mandated

Quantitative U.S. Large Cap Carbon-Free Equity

Performance

As of 6/30/21 Inception Date
QTD YTD 1 Year 3 Year 5 Year 10 Year Since Inception
Quantitative U.S. Large Cap Carbon Free Equity (Gross) 6.2% 19.8% 44.6% 16.0% 16.3% N/A 15.5% 09/30//2013
Quantitative U.S. Large Cap Carbon Free Equity (Net) 6.1% 19.4% 43.5% 15.2% 15.4% N/A 14.6%
Customized Carbon Free Benchmark* 8.7% 14.6% 43.7% 20.8% 19.5% N/A 16.6%

Calendar Year Returns

2020 2019 2018 2017 2016 2015 2014 2013**
Glenmede Gross 11.3% 24.86% -5.87% 24.23% 9.95% 5.22% 20.66% 12.16%
Glenmede Net 10.4% 23.95% -6.58% 23.32% 9.13% 4.44% 19.77% 11.96%
Customized Carbon Free Benchmark* 24.1% 32.79% -4.2% 24.17% 10.87% 3.28% 15.14% 10.74%
Gross +/- -12.8% -7.93% 01.67% 0.06% -0.92% 1.94% 5.52% 1.42%

*The comparative benchmark is a GIM calculated Customized Carbon Free Index. Returns are calculated by GIM monthly using the Russell 1000 constituents excluding securities in the Energy and Utility sectors.

**Partial year return – 9/30/13 through 12/31/13

Performance quoted is past performance and is not a guarantee of future results. Products have fees that reduce their performance, indexes do not. You cannot invest directly in an index. For further information see the Fact Sheet below.

Overview

GIM believes that a well–diversified large cap portfolio of carbon free stocks, using environmental 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 screening integrated into portfolios since 2001

Initial equal weighting vs. weighting by market cap Minimizes stock concentration risk; avoids bias toward expensive stocks

Continuity of senior Carbon Free team since strategy inception Inception date of September 30, 2013

Summary Investment Guidelines

  • Universe: domestic stocks in the Russell 1000, S&P 500 or over $3 billion in market capitalization
  • Benchmark: Russell 1000 Index, excluding Energy and Utilities
  • 80-120 holdings
  • Existing position maximum: 2% for any security
  • Sector: +/–3% vs. Russell 1000, excluding Energy and Utilities

Literature

This website is for informational purposes only and is not a solicitation for any product or service. GIM products are actively managed and their characteristics will vary. All investment has risk, including the risk of loss of principal. There can be no assurance that efforts to manage risk or to achieve any articulated investment objective will be successful. An investor should consider investment objectives, risks, charges and expenses carefully before investing. For additional information regarding risks and about the firm, please refer to Related Literature and Disclosures.