USCA

USCA provides a climate-friendly approach to investing in the US large- and mid-cap space. The fund tracks an index screened toward stocks considered leaders in taking actions relating to climate transition. The fund drafts its selection universe from the MSCI USA Index (parent index), removing those involved in controversial business activities. Furthermore, firms that are defiant of established norms regarding the environment, human rights, and governance, as well as carbon reduction goals approved by the United Nations Global Compact, and other SBTi are also removed. A screen for companies with bleak climate risk management removes the bottom quarter from each sector. The remaining stocks undergo a security-level assessment based on: (I) science-based target initiative, (II) greenhouse gas intensity, (III) emission track record, and (IV) green business revenue. Based on the assessment, the top 50% within each sector are selected. The index is market cap-weighted and rebalances on a semi-annual basis.