Morningstar - Q3 2021 - 34

Spotlight: Integrating ESG
EXHIBIT 3
...And the After Although not every fund is a perfect substitute, we were able to build an effective ESG-aware portfolio to
replace the standard non-ESG portfolio.
Portfolio
Funds
Amana Growth AMAGX
Parnassus Core Equity PRBLX
Calvert US Large Cap Value Responsible Index CFJIX
Parnassus Mid-Cap PARMX
Wasatch Core Growth WGROX
LSV Small Cap Value LSVQX
Calvert International Responsible Index CDHIX
IShares ESG Aware MSCI EM ETF ESGE
IShares Global REIT ETF REET
TIAA-CREF Core Impact Bond TSBIX
DFA Inflation-Protected Securities DIPSX
Vanguard Treasury Money Market VUSXX
Total
Source: Morningstar Direct. Data as of 06/03/2021.
Weight (%)
Index
Fund
Morningstar
Rating Overall Morningstar Category
5.00 No QQQQ
9.00
Yes QQQQ
Morningstar
Analyst Rating
Morningstar
Quantitative
Rating
Large Growth ´ -
10.50 No QQQQ
1.50 No Q
17.00
7.00
2.00
7.00 No QQQQQ Large Blend „ -
Large Value ´ -
Mid-Cap Blend „ -
1.00 No QQQQQ Small Growth Π-
Small Value Π-
Foreign Large Blend ´ -
Diversified Emerging Markets ´ -
Yes QQQQ
Yes QQQQ
Yes QQ
Real Estate
-
33.00 No QQQQQ Intermediate Core Bond ´ -
4.00 No QQQQQ Inflation-Protected Bond
3.00 No -
-
Money Market-Taxable - -
Prospectus
Adjusted Expense
Ratio (%)
0.99
0.84
0.24
0.98
1.19
0.83
0.29
0.25
0.14
0.36
0.11
0.09
0.45
EXHIBIT 4
Sustainability Profile of the ESG-Aware Portfolio Despite some limitations in a few asset classes, our hypothetical client has
a much more sustainable portfolio.
Portfolio
Funds
Amana Growth AMAGX
Parnassus Core Equity PRBLX
Calvert US Large Cap Value Responsible Index CFJIX
Parnassus Mid-Cap PARMX
Wasatch Core Growth WGROX
LSV Small Cap Value LSVQX
Calvert International Responsible Index CDHIX
IShares ESG Aware MSCI EM ETF ESGE
IShares Global REIT ETF REET
TIAA-CREF Core Impact Bond TSBIX
DFA Inflation-Protected Securities DIPSX
Vanguard Treasury Money Market VUSXX
Source: Morningstar Direct. Data as of 06/03/2021.
34
Morningstar Q3 2021
Weight (%)
Sustainable
Investment-
Overall
5.00 Yes
7.00 Yes
9.00 Yes
10.50 Yes
1.00 No
1.50 No
17.00 Yes
7.00 Yes
2.00 No
33.00 Yes
4.00 No
3.00 No
Morningstar
Sustainability
Rating
Morningstar ESG
Commitment
Level Strategy
Assessment
;;;;; -
;;;;; Leader
Basic
;;;
;;;;; Leader
;;;;
;;;
Employs Exclusions
Low Carbon
Designation
Controversial
Weapons
Yes
Yes
Yes
Yes
;;;;; - - No
- - No
Yes
Yes
No
Yes
No
;;;;
- No
- Leader -
- - - No
- - - No
Small
Arms
;;;; Basic
Basic
Yes
Yes
Yes
Yes
No
No
Yes
Yes
No
Yes
No
No
Thermal
Coal
Yes
Yes
No
Yes
Tobacco
Yes
Yes
Yes
Yes
No No
No No
No
Yes
No No
Yes
No No
No No
Yes
Yes
Yes

Morningstar - Q3 2021

Table of Contents for the Digital Edition of Morningstar - Q3 2021

Contents
Morningstar - Q3 2021 - Cover1
Morningstar - Q3 2021 - Cover2
Morningstar - Q3 2021 - 1
Morningstar - Q3 2021 - 2
Morningstar - Q3 2021 - Contents
Morningstar - Q3 2021 - 4
Morningstar - Q3 2021 - 5
Morningstar - Q3 2021 - 6
Morningstar - Q3 2021 - 7
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Morningstar - Q3 2021 - Cover3
Morningstar - Q3 2021 - Cover4
Morningstar - Q3 2021 - M1
Morningstar - Q3 2021 - M2
Morningstar - Q3 2021 - M3
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Morningstar - Q3 2021 - M5
Morningstar - Q3 2021 - M6
Morningstar - Q3 2021 - M7
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Morningstar - Q3 2021 - M9
Morningstar - Q3 2021 - M10
Morningstar - Q3 2021 - M11
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Morningstar - Q3 2021 - M16
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