New Covenant Growth Fd (NCGFX)
New Covenant Growth Fd operates in the Asset Management industry of the Financial Services sector, headquartered in Jeffersonville, IN, US. The stock last traded at $75.68, up 0.44% on the session, giving a market capitalisation of $597.1M. Its beta of 1.02 implies it has historically moved more than the broad market.
Ordinarily, the fund's investment strategy centers on building a diverse portfolio of U.S. equities. These holdings are typically constituents of an index engineered to provide broad exposure to the American stock market. However, the advisor employs a rigorous screening process to exclude certain types of companies. Specifically, the fund abstains from investing in enterprises involved in tobacco, alcohol, or gambling, as well as for-profit prison operations. This exclusionary policy also extends to particular weapons manufacturers, including those producing antipersonnel mines, handguns, and assault weapons. Furthermore, the fund may, at its discretion, divest from or avoid companies implicated in serious human rights violations.
New Covenant Growth Fd is most often compared with the following Financial Services names: