TPIF

TPIF sets its universe by selecting from a parent index of volatility-weighted large-cap foreign companies. From there, the fund adds its values-based screen. Securities excluded are those involved in the production or wholesale distribution of alcohol, tobacco, or gambling equipment, gambling enterprises, or which is involved, either directly or indirectly, in abortion or pornography, or promoting anti-family entertainment or alternative lifestyles. The index is reconstituted every April and October, limiting exposure to any country to 20% and any sector to 25%.