PERAPlus 401(k) Plan

PERAdvantage SRI Fund

Category: Balanced fund that screens for various social causes

Objective: This fund seeks to generate income and to conserve principal. A secondary objective is to achieve long-term capital appreciation. These objectives are pursued by combining financial analysis with environmental, social and governance analysis. The fund invests approximately 60 percent in stocks and 40 percent in bonds, although these weights can change depending on market conditions.

Strategy: This fund follows a sustainable investing approach, combining financial analysis with Environmental, Social, and Government (ESG) analysis in order to identify investments. It normally invests approximately 60 percent of assets in equities and 40 percent of assets in debt securities. The fund is invested in the Blackrock MSCI ACWI ESG Focus Index Fund (60 percent of the portfolio) and J.P. Morgan Government Bond Fund (40 percent of the portfolio).

Benchmark: Performance is measured against a composite of the following indices:
  • MSCI World ESG Index: 60 percent
  • Bloomberg Barclays U.S. Government Bond Index: 40 percent
Total Asset-Based Fee: 0.26%

View the Fund Fact Sheet and Risk Definitions