Funds Group: Eventide Funds
Management Company: Eventide Asset Management, LLC
Funds Affected: (1) Eventide Global Dividend Opportunities Fund, (2) Eventide Multi-Asset Income, (3) Eventide Gilead, (4) Eventide Health and Life Sciences
Principal Sustainable Investment Management Strategy: (1-3) Values-based/negative screening, (4) Values-based/negative screening (exclusions) and thematic investing (Health and Life Sciences Fund concentrates in the healthcare and life sciences sector)
Summary:
(1-4) The adviser analyzes each potential investment’s ability to operate with integrity and create value for customers, employees, and other stakeholders. While few companies may reach these ideals in every area of their business, these principles articulate the adviser’s ideal characteristics of good corporate behavior. There is no guarantee that the adviser will be able to successfully screen out all companies that are inconsistent with its principles.
The adviser seeks to invest in companies that reflect the following values:
- Respecting the value and freedom of all people; this includes the right to life at all stages and freedom from addictive behaviors caused by gambling, pornography, tobacco and alcohol.
- Demonstrating a concern for justice and peace through fair and ethical relationships with customers, suppliers and business partners and through avoidance of products and services that promote weapons production and proliferation.
- Promoting family and community; this includes protecting children from violent forms of entertainment and also includes serving low-income communities.
- Exhibiting responsible management practices, including fair-dealing with employees, communities, competitors, suppliers and customers as demonstrated by a company’s record regarding litigation, regulatory actions against the company and its record of promoting products and services that improve the lives of people.
- Practicing environmental stewardship; this includes practices considered more sustainable than those of industry peers, reduction in environmental impact when compared to previous periods, and/or the use of more efficient and cleaner energy sources.
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