PERAPlus 401(k) Plan

PERAdvantage SRI Fund

Category: Socially Responsible

Objective & Strategy: The fund seeks to invest in a portfolio of developed and emerging market stocks screened on environmental, social, and governance (ESG) factors, and fixed income securities across the investment grade that demonstrate ESG leadership. The equity portion seeks to replicate the return of the MSCI ACWI ESG Focus Index. The fixed income portion invests in U.S. dollar securities and may invest a significant portion of its assets in corporate bonds or mortgage-backed securities.

BlackRock ACWI ESG Focus Index 60%
TIAA-CREF Social Choice Bond 40%

Benchmark: Performance is measured against a composite of the following indices:
  • MSCI ACWI ESG Focus Index: 60 percent
  • TIAA-CREF Social Choice Bond Fund: 40 percent
Total Asset-Based Fee: 0.23%

View the Fund Fact Sheet