ESG Core Equity*

Invests across the range of market capitalizations and economic sectors in companies that meet Trillium’s sustainability criteria.

Invests across the range of market capitalizations and economic sectors in companies that meet Trillium’s sustainability criteria.

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 >
Laura McGonagle, CFA
Laura McGonagle, CFA
Portfolio Manager
Bio >
Cheryl Smith, CFA, PhD
Cheryl Smith, CFA, PhD
Portfolio Manager
Bio >
Benchmark
S&P 1500
Inception Date
1994
Strategy Assets*
$907m
Holdings
65-80
% Top 10 Holdings
29.59%
Initial Position Size
0-5%
Target Tracking Error
3-4%
Sector Deviation +/-
<5%
Annual Turnover
20-40%
* Strategy Assets are supplemental
Equity Characteristics
as of 12/31/22
ESG Core EQUITY
S&P 1500
Market Capitalization
(weighted avg. billions)
$298.81
$383.10
P/E (FTM EST)
19.8x
16.5x
Price/Book
4.1x
3.4x
Est. 3-5 Yr. EPS Growth
11.12%
10.91%
ROIC
17.72%
18.39%
LT Debt/Capital
39.6%
43.5%
Sector Allocation vs. Benchmark
as of 12/31/22
ESG Core EQUITY
S&P 1500
Information Technology
26.4%
24.6%
Health Care
16.7%
15.4%
Consumer Discretionary
12.3%
10.1%
Financials
10.8%
12.0%
Industrials
10.5%
9.5%
Consumer Staples
7.9%
7.0%
Communication Services
4.7%
6.8%
Materials
4.1%
3.0%
Utilities
3.4%
3.2%
Real Estate
3.1%
3.2%
Energy
0.0%
5.1%
Sector Allocation, Equity Characteristics and Top Holdings based on a representative account as of 12/31/2022 and exclude cash.
As of 12/31/22
QTR
YTD
1 Year
3 Year
5 Year
10 Year
Inception
(1/1/2007)
Gross of Fees
-8.0%
-18.9%
-18.9%
6.7%
9.0%
11.0%
8.3%
Net of Fees
-7.8%
-19.4%
-19.4%
6.1%
8.4%
10.3%
7.6%
S&P 1500
-7.8%
-17.8%
-17.8%
7.6%
9.2%
12.4%
8.6%
Annualized time-weighted returns for ESG Core Equity composite through 12/31/2022. Time periods less than one year are not annualized. The ESG Core Equity Composite was created on September 14, 2011 and has an inception date of January 1, 2007. Composite Assets are $248.3 million as of 12/31/22. Past performance is no guarantee of future results.  Every investment carries the potential for both profit and loss.  IMPORTANT: Please see important performance disclosures below.