Fossil Fuel Free Core

Invests across the range of market capitalizations and economic sectors in companies that meet Trillium’s sustainability criteria. This strategy has no direct exposure to fossil fuels.

Invests across the range of market capitalizations and economic sectors in companies that meet Trillium’s sustainability criteria. This strategy has no direct exposure to fossil fuels.

Investment Process

Fundamental equity analysts, who divide coverage by sector, are responsible for providing in-depth analysis of companies and generating new buy ideas consistent with the strategy’s high quality approach, including a rigorous integrated review of financial and ESG factors. The Investment Management Committee, comprised of portfolio managers and analysts, meets periodically to review and approve recommendations to the buy-list recommended by the analysts. A strategy team, headed by the lead Portfolio Manager, rebalances the portfolio on at least a quarterly basis to identify the best subset of names from the buy-list at that particular point of time. The team leverages an optimization process that helps monitor and control portfolio characteristic exposures while overweighting companies based on a proprietary alpha score that includes an analyst rating. In this sense, the strategy is fundamentally driven, but quantitatively assisted.

Contact Information:

Tom Simunovic
Tom Simunovic
ESG Investment Strategy Specialist and Relationship Manager
tsimunovic@trilliuminvest.com617-532-6673

Portfolio Managers

Elizabeth Levy, CFA
Elizabeth Levy, CFA
Lead Portfolio Manager
Bio >
Matthew W. Patsky, CFA
Matthew W. Patsky, CFA
Portfolio Manager
Bio >
Cheryl Smith, CFA, PhD
Cheryl Smith, CFA, PhD
Portfolio Manager
Bio >
Benchmark
S&P 1500
Inception Date
2007
Strategy Assets*
$585m
Holdings
65-80
% Top 10 Holdings
30.02%
Initial Position Size
0-5%
Target Tracking Error
4-5%
Sector Deviation +/-
<5%, ex energy
Annual Turnover
20-40%
* Strategy Assets are supplemental
Equity Characteristics
as of 9/30/20
fFF Core
S&P 1500
Market Capitalization
(weighted avg. billions)
$283.22
$418.54
P/E (FTM EST)
23.6x
21.6x
Price/Book
3.7x
3.3x
Est. 3-5 Yr. EPS Growth
11.94%
11.89%
ROIC
14.98%
15.19%
LT Debt/Capital
41.11%
43.08%
Sector Allocation vs. Benchmark
as of 9/30/20
FFF Core
S&P 1500
Information Technology
30.8%
27.2%
Health Care
14.1%
14.0%
Consumer Discretionary
11.7%
11.9%
Financial Services
9.8%
10.0%
Industrial Goods
8.2%
9.0%
Consumer Staples
8.0%
6.8%
Communication Services
7.7%
10.1%
Materials
3.7%
2.9%
Real Estate
3.3%
3.1%
Utilities
2.7%
3.0%
Energy
0.0%
2.0%
Sector Allocation, Equity Characteristics and Top Holdings based on a representative account as of 09/30/2020 and exclude cash.
As of 9/30/20
QTR
YTD
1 Year
3 Year
5 Year
10 Year
GIPS Inception
(1/1/2007)
Gross of Fees
8.7%
5.8%
13.7%
12.9%
12.9%
12.9%
9.0%
Net of Fees
8.5%
5.2%
12.9%
12.1%
12.0%
12.1%
8.1%
S&P 1500
8.6%
4.1%
13.4%
11.3%
13.6%
13.5%
8.7%
Annualized returns for Fossil Fuel Free Core composite through 09/30/2020. Time periods less than one year are not annualized. GIPS composite inception is 1/1/2007 for the Fossil Fuel Free Core. Please see important performance disclosures at the bottom of this page. Composite assets are $94.5 million as of 09/30/2020.