NSCR

NSCR utilizes an ESG factor model to evaluate companies based on their adherence to specific ESG investment themes. Primarily, the fund targets large-cap US companies ranking in the top 50% of this model, emphasizing themes such as energy transition and innovation, inclusive growth, and strong governance. The selection process integrates quantitative models, fundamental research, and discretionary judgment exercised by the sub-adviser. While the Fund seeks to capitalize on attractive investment opportunities within its universe, it acknowledges the qualitative and subjective nature of sustainable investing. Therefore, there is no guarantee that every investment will perfectly align with designated themes or maintain its ranking within the ESG Factor Model over time. Sustainable company determination utilizes proprietary models, fundamental research, and third-party data. The sub-adviser has the discretion to revise or modify themes based on market conditions, relevance, and other factors.