Investment Exclusions

Ethical Exclusions

"Wespath Institutional Investments (WII) shall endeavor to exclude from investment the securities of companies that derive significant revenue from products and/or provide services that are not aligned with United Methodist values as described in the Social Principles, ¶717 of The Book of Discipline 2016 and Resolution 4071 (Investment Ethics) of The Book of Resolutions 2016 provided that to do so does not abrogate WII’s fiduciary responsibility…"
    - WII’s Investment Policy

WII aspires to reflect the values of The United Methodist Church (UMC) in achieving our investment objectives. Wespath’s Ethical Exclusion policy restricts investing in the securities of certain companies based on long-standing UMC religious beliefs about social concerns.

This policy guides us in avoiding investments in any company or entity whose core business activity involves the production, assembly, direct sale, distribution, operation, or marketing of:

  1. Alcoholic beverages
  2. Tobacco products
  3. Adult entertainment
  4. Weapons
  5. Gambling
  6. Privately-operated correctional facilities

Generally, a "core business" is one that accounts for 10% or more of a company’s revenue derived from the excluded products and/or services, and discontinuation of the activity is likely to materially impact the company’s operations. Different thresholds apply for restaurants and suppliers of key components to the products and services included in our policies.

For our full ethical exclusions policy, please review Wespath Institutional Investments' Investment Policy.

Sustainability-related Financial Risk Exclusions

As a long-term investor, WII favors investing in the securities of companies that have sustainable business practices.

To assist in identifying and managing environmental, social and governance (ESG)-related financial risk, WII’s board of directors adopted a policy on the Management of Excessive Sustainability Risk (MESR; found in WII’s Investment Policy). MESR recognizes that there may be instances when a particular issue or set of companies or industries expose investors to high levels of risk. In such instances, the WII’s board may adopt an investment guideline that will apply additional limits regarding company securities eligible for purchase.

WII’s board adopted two investment guidelines related to:

Wespath Fund Holdings

For complete funds’ holdings as of December 31, 2018, please e-mail us.



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•  call us at 1-847-866-4100 or
•  e-mail investmentinfo@wespath.org
 
 

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