United Nations Principles for Responsible Investing

In July 2013, we became a signatory to the United Nations Principles for Responsible Investing (UNPRI). The UNPRI is a global, collaborative network of investors established in 2006. The principles set forth by the UNPRI are a set of best practices for incorporating Environmental, Social and Governance issues into investment decision making where consistent with fiduciary responsibilities.

As a signatory to UNPRI, we look to integrate the following six principles into our investment process:

Principle 1

We will incorporate ESG issues into investment analysis and decision-making processes.

Principle 2

We will be active owners and incorporate ESG issues into our ownership policies and practices.

Principle 3

We will seek appropriate disclosure on ESG issues by the entities in which we invest.

Principle 4

We will promote acceptance and implementation of the Principles within the investment industry.

Principle 5

We will work together to enhance our effectiveness in implementing the Principles.

Principle 6

We will each report on our activities and progress towards implementing the Principles.

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