RESPONSIBLE INVESTMENT POLICY STATEMENT
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The Trustees of the Foundation seek to balance their duty to achieve optimal investment returns with the goal of creating a portfolio that follows the best practices of responsible investing.
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The Trustees will appoint fund managers who apply the principles of responsible investment and have the appropriate policies and practices in place to do so.
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The Foundation will not invest in funds that invest in companies that derive any revenue from fossil fuel reserves, illegal or nuclear weapons, or the manufacture of tobacco products.
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More broadly, the Foundation will:
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Seek to include sustainable investment managers in all manager searches when institutional quality options are known and available.
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Favour such managers assuming they demonstrate reasonably comparable investment characteristics (i.e., competitive performance, fees, team stability, etc.) relative to their non-sustainability peers.
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