Effective May 14, 2021, the New Covenant Income Fund (the Income Fund) changed its investment strategy.

The purpose of this change was to add an environmental, social and corporate governance (ESG) implementation to the Fund. The ESG criteria will be in addition to existing social screening already used within the Income Fund.

We believe the addition of ESG criteria is consistent with the Presbyterian Principles’ objective to create a constructive vision of the directors needed for a fairer society and healthier world.
Two of the Income Fund’s managers, Income Research & Management and Western Asset Management, will directly implement the ESG criteria within their investment decision-making processes.

The ESG criteria, in addition to existing social screening, may result in an overweight (or underweight) to sectors relative to the benchmark of the Income Fund. However, changes to the composition of the Income Fund are expected to be minimal.

Información importante

Esta información se facilita únicamente con fines informativos y no debe ser considerada por el lector como una investigación o asesoramiento de inversión en relación con el Fondo o cualquier acción en particular, ni debe interpretarse como una recomendación para comprar o vender cualquier valor.

En el caso de los Fondos New Covenant que emplean la estructura de "gestor de gestores", SEI Investments Management Corporation (SIMC) tiene la responsabilidad última de la rentabilidad de las inversiones de los Fondos debido a su responsabilidad de supervisar a los subasesores y recomendar su contratación, cese y sustitución. SIMC es el asesor de los Fondos New Covenant, que distribuye SEI Investments Distribution Co. (SIDCO). SIMC y SIDCO son filiales al 100% de SEI Investments Company.

There are risks involved with investing, including loss of principal. The program’s social screen and environmental, social and governance (ESG) screen may cause the sub-advisor to make or avoid certain investment decisions when it may be disadvantageous to do so. This means that accounts held in the program may underperform other similar investments that do not consider the social screen and environmental, social and governance (ESG) screen when making investment decisions. Diversification may not protect against market risk. There is no assurance the objectives discussed will be met.

Para determinar si el Fondo o los Fondos son una inversión adecuada para usted, considere detenidamente los objetivos de inversión, los factores de riesgo y las comisiones y gastos antes de invertir. Esta y otra información puede encontrarse en el folleto del Fondo y, si está disponible, en el folleto resumido, que puede obtenerse llamando al 1-877-835-4531. Lea detenidamente el folleto antes de invertir.

• No asegurado por la FDIC
• Sin garantía bancaria
• Puede perder valor