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INDIVIDUAL RETIREMENT ACCOUNT: The name says it all

Impact Portfolios

Invest in Positive Change in Our World

Our Impact Portfolios emphasize companies with thoughtful corporate behavior in their environmental, social, and governance practices.

We've thoughtfully designed the Hefren-Tillotson Impact Portfolios for investors that want to make positive change in the world at large through their financial assets. Our fund managers evaluate companies’ environmental, social, and governance practices as part of the investment process, emphasizing those with ethical operations. Issues considered include:
Environmental Issues
Climate Impact
Emissions and Waste
Deforestation
Water Use
Social Issues
Workforce Treatment
Product Safety
Community Impact
Human Rights
Governance Issues
Board Diversity
Executive Compensation
Accounting & Transparency
Ethical Standards

Making a Measureable Difference in the World

By implementing these strategies, funds can demonstrate measurable differences versus investing in the general market. The low environmental impact of the Calvert Large Cap Responsible Core Fund is a perfect example:

Percentages are compared to the Russell 1000 index of U.S. stocks as of 9/30/2017

42%
Fewer Tons of Carbon Emissions per Dollar Invested
89%
Fewer Tons of Toxic Emissions per Dollar Invested
54%
Less Water Usage per Dollar Invested

Generating Competitive Returns

Research* has revealed that investment returns can increase by emphasizing companies with positive ESG characteristics. The portfolios use world-class investment managers with the goal of generating competitive returns and helping clients achieve their personal financial goals and objectives.
*See “ESG and financial performance: aggregated evidence from more than 2000 empirical studies,” Journal of Sustainable Finance & Investment, Volume 5, 2015

Aligning Investment Goals with Personal Values

Our Impact Portfolios incorporate competitive investment funds that also act in the long-term best interests of society. Impact funds make a difference by working on behalf of fund owners in multiple ways:
Influence company thinking through direct dialogue with executives.
Effect company policy through shareholder resolutions or proposals.

Overview of Portfolio Strategies

Actively Managed Sustainable Strategies

  • Fund managers make active decisions about what investments to hold.
  • Managers analyze the “ESG” characteristics of companies and exclude those with poor practices.
  • Funds also actively campaign for improved company behavior, working with company executives to change company policies.
  • Many funds will explicitly prohibit purchasing companies in certain industries, such as tobacco products, alcoholic beverages, gambling or weapons.

Passively Managed Sustainable Strategies

  • Index fund strategies that track broad segments of the market (such as large company or international stocks), but factor ESG practices into the weight of companies in the fund.
  • Typically exclude certain industries, such as tobacco or weapons manufacturers, from inclusion in the indexes.
  • The funds may also actively work to change company practices with dedicated ESG analysts.

Complementary Strategies

  • Funds that do not explicitly incorporate ESG evaluation, but score well in third party ESG evaluations (such as Morningstar Sustainability ratings) or funds that hold investments that generally support the long term interests of society (such as municipal bonds, currency investments, and government bonds).
  • Funds that offer a compelling investment option that is not available (or attractive) with an explicit ESG approach.

Change the World by Investing in it.

Meet with a Hefren-Tillotson advisor to design a globally-diversified Impact Portfolio that fits your needs (and the needs of others).

Investments are not FDIC-insured, nor are they deposits of or guaranteed by a bank or any other entity, so they may lose value.

Investors should carefully consider investment objectives, risks, charges and expenses. This and other important information is contained in the fund prospectuses and summary prospectuses, which can be obtained from a financial professional and should be read carefully before investing.

Hefren-Tillotson Inc. is a leading diversified financial services firm providing investment and retirement plan management and comprehensive, financial planning through MASTERPLAN® for individuals and businesses. The firm’s wealth management services are administered by Certified Financial Planner (CFP) professionals, Chartered Financial Analyst (CFA) Charter holders, attorneys, Chartered Life Underwriters, and CPA/PFS’s. Hefren-Tillotson offers corporate services including 401(k) retirement planning, executive financial counseling, fiduciary reviews and workplace financial planning seminars. Founded in 1948, the firm is headquartered in Pittsburgh and has offices located in Pittsburgh, Butler, Greensburg, North Hills, and South Hills.