Data Notes

Fossil Fuel Holdings and Targets

DFA US Sustainability Core Equity 1 and DFA International Sustainability Core Equity serve as the foundation of Macroclimate Ultra Low Carbon Global Equity Portfolio. (Macroclimate also offers a Low Carbon Global Equity Portfolio which adds an emerging markets fund to improve expected returns, at the cost of slightly higher carbon exposure.). DFA International Sustainability Core Equity is transitioning to zero exposure to largest owners of fossil fuel reserves. (One holding remains as of July 31, 2017.)

Assets Under Management

All Macroclimate portfolios are balanced, with a mix of equities (stocks) and fixed income (bonds) tailored to your goals and risk profile. As such, Assets Under Management include equity as well as fixed income assets aligned with Macroclimate’s low-carbon strategy.

Fund Net Expense

Net Expense to Investor for Macroclimate Ultra Low Carbon Global Equity Portfolio is a blended rate for the equity (stock) portion of the mutual fund portfolio as of March 2017. Investment management fee is additional.

Investment Management Fee

“Fee-only” advisors (both digital and traditional) typically charge an annual fee for their services, which include development of portfolio policies and asset allocation plans, on-going research and analysis, and day-to-day management and execution of the individual investment portfolios. “Fee-only” means clients’ fees are their only source of compensation; for example, they do not earn commissions based on where they invest your money. Investment advice and management fees may be tax deductible since they are explicitly paid, unlike embedded mutual fund expenses.

General Disclaimer

Past performance is no guarantee of future results.

Data Sources

Morningstar (March 2017), Fossil Free Funds (November 2016), Dimensional Fund Advisors (November 2016), CarbonScan (March 2017)