Multi-manager sustainable investing asset allocation funds
ESG Managers Portfolios are a series of multi-manager asset allocation funds featuring some of the most well-known investment managers integrating environmental, social and governance (ESG) or sustainability factors into their investment analysis and decision-making. The funds give advisors and their clients a turnkey way to access the potential advantages of sustainable investing.
Asset allocation, manager selection and portfolio construction are conducted by Morningstar Associates. A subsidiary of Morningstar Inc., Morningstar Associates is a premier provider of investment management solutions for institutions around the world. It is widely recognized for its expertise in manager selection and multi-manager portfolio construction.
You should consider ESG Managers® Portfolios’ investment objectives, risks, and charges and expenses carefully before investing. For this and other important information, please obtain a fund prospectus by calling 877.374.7678. Please read it carefully before investing. Distributed by ALPS Distributors, Inc.
Pax World Management LLC is the investment adviser to the ESG Managers® Portfolios. Morningstar Associates, LLC, a registered investment advisor and wholly owned subsidiary of Morningstar, Inc., serves as portfolio construction adviser to the ESG Managers® Portfolios responsible for manager selection, asset allocation, portfolio construction and monitoring, but does not serve in the capacity of investment advisor to individual investors. The Morningstar name and logo are the property of Morningstar, Inc. Morningstar is not affiliated with Pax World Management LLC. ALPS Distributors, Inc. is not affiliated with Morningstar Associates, LLC.
ESG Managers® Portfolios are multi-manager funds, which are a mix of underlying mutual funds and sleeve subadviser portfolios. The Funds’ allocations may change due to market fluctuations and other factors. Emerging market and international investments involve risk of capital loss from unfavorable fluctuations in currency values, differences in generally accepted accounting principles, economic or political instability in other nations or increased volatility and lower trading volume. Yield and share price will vary with changes in interest rates and market conditions, Investors should note that if interest rates rise significantly from current levels, bond fund total returns will decline and may even turn negative in the short term. There is also a chance that some of the funds’ holdings may have their credit trading downgraded or may default. Equity investments are subject to market fluctuations. The fund’s share price can fall because of weakness in the broad market, a particular industry, or specific holdings. Funds that emphasize investments in smaller companies generally will experience greater price volatility.