NXTE

NXTE circles around achieving high impact and high return by actively investing in the "Next Economy” without screening for ESG factors. It targets value firms with above-average growth potential that are focused on mitigating core global systemic risks while improving economic productivity. To be eligible for the fund, companies must contribute through revenues and capital expenditures to one or more of the four pillars of sustainability: economic productivity gains, renewable energies, waste-to-value supply chains, and equitable distribution of wealth. Within this universe, potential firms are further evaluated for their commitment to sustainability factors and their relative social and governance merits. A bottom-up analysis is also done, covering fundamentals and valuation factors, to identify the final constituents regardless of their size, sector. industry, and geography. The fund may tilt its weighting to companies advancing on more than one pillar or addressing more system-level risks.