SEI has launched two institutional funds created to align with the investment directives set forth by the United States Conference of Catholic Bishops (USCCB).
The goal of the Catholic Values Equity Fund and the Catholic Values Fixed Income Fund (Catholic Values Funds) is to provide Catholic institutions with high quality, multi-manager products that align with their core values, without sacrificing diversification or return potential.
"Many faith-based organisations today are seeking solutions that allow them to better align their investments with their core values while still achieving the portfolio diversification and performance needed to support their missions and goals," says Paul Klauder, Vice President and Managing Director, SEI's Institutional Group. "SEI's social screening capabilities allowed us to create these custom, multi-manager funds for institutions dedicated to investing in conjunction with Catholic standards."
SEI has more than 10 years of experience designing socially responsible investing screens and environmental, social, and governance overlays for its institutional clients. The Company currently manages more than USD18 billion in global assets that incorporate social screening.