Fund Complex: Voya Funds
Management Company: (1) Voya Investments, LLC; Sub-adviser: J.P. Morgan Investment Management Inc., (2) Voya Investments, LLC; Sub-adviser: Morgan Stanley Investment Management Inc.
Funds Affected: (1) VY JPMorgan Emerging Markets Equity Portfolio, (2) VY Morgan Stanley Global Franchise Portfolio
Sustainable Investing Strategies: ESG Integration
Summary:
(1) As part of the investment manager’s analysis, research analysts seek to assess the risks presented by certain environmental, social and governance factors. While these particular risks are considered, securities of issuers presenting such risks may be purchased and retained by the fund.
(2) The portfolio’s investment process focuses on the sustainability and direction of a company’s long-term returns on capital. Environmental, social and governance (ESG) considerations are a fundamental and integrated part of this process, as the sub-adviser believes material weaknesses in any of the ESG areas can potentially threaten the long-term sustainability of a company’s returns on capital.