|
Investment
Policy Statement
Of the eleven core investment options, the five PCA funds (PCA Mid Cap Growth, PCA Mid Cap Value, PCA
Equity, PCA Balanced, and PCA Income) are separately managed from the
six mutual funds
and are invested using morally-restricted guidelines. Information is purchased from the
Institute for Biblically Responsible
Investing Institute (BRII) and shared with the fund managers of each of the PCA plans.
Each manager is given general discretion in the
investment of funds but with the following limitations, which are
motivated by a genuine concern for all mankind created in the image
of God. Investments are not to be made in the stocks or bonds of
companies whose products or services are know to include the
following: see BRII
Managers will be provided a list of companies to be
excluded from purchase in the portfolios based upon the above
criteria. This list will be updated quarterly by
BRII, with additions and deletions prominently noted. In
the event that the portfolio contains a security that should be
excluded based upon the criteria, Manager shall sell the security
within a reasonable time period based upon all pertinent financial
considerations.
The thirteen PCA Target Funds include both screened and
non-screened holdings.
|
