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new covenant growth fund

Presbyterian Foundation announces changes to New Covenant Growth Fund

Effective May 13, the New Covenant Growth Fund (the “Fund”) transitioned from an active to a passive implementation. The mandate will be altered, as needed, to satisfy the Fund’s social screen and environmental, social, and governance (ESG) tilt, which remain as key components of the Fund.  Details regarding this change can be viewed in the prospectus supplement dated May 13, 2019. Click here to read it.