Friends Fiduciary has four co-mingled fund offerings: Consolidated Fund, Quaker Green Fund, Quaker Index Fund and the Short Term Investment Fund. Our constituent investors may invest in one or more funds in a single account and deposits, transfers and withdrawals can be made at any time. In addition to these commingled funds, for larger investors, we offer a broad range of investment strategies, custom screening and comprehensive client servicing through our separately managed accounts platform.
The Consolidated Fund is a diversified, co-mingled fund with allocations to equities, fixed income and real estate investment trusts (REITs). Its primary objective is to provide stable current income and long-term growth consistent with protecting principal investments against inflation over time. The fund adheres to Friends Fiduciary’s Quaker-values investment guidelines and participates in our shareholder advocacy work. It is intended for investors with an investment horizon of five years or longer. The Fund has a standard income distribution policy based on the fund’s total return. Learn more.
The Quaker Green Fund (QGF) is a balanced and diversified fund which is “fossil fuel free” and specifically designed for Friends meetings, churches, schools and organizations. The fund excludes investments in fossil fuel companies. In addition to being “fossil fuel free,” the Quaker Green Fund includes a dedicated allocation to “clean tech” companies. These investments fall within nine positive environmental themes. Areas include advancements in sustainable use of agricultural resources, alternative and renewable energy, efficient transport, energy conservation, water conservation and filtration, low carbon finance, and cutting-edge clean technologies. This approach provides exposure to the interconnected segments of clean energy and clean technology while providing diversification to manage the overall profile of risk and volatility.
The fund adheres to Friends Fiduciary’s Quaker-values investment guidelines and participates in our shareholder advocacy work. It is intended for investors with an investment horizon of five years or longer. QGF includes a mix of stocks and bonds and has a semi-annual distribution. Learn more.
The Short Term Investment Fund’s (STIF) objective is to achieve investment returns in excess of those available from money markets and other short term funds. The fund is designed for consistent, low volatility performance with an emphasis on low risk, high credit quality and liquidity. It is diversified across principal sectors of the domestic bond market; US Agencies, Corporates and Mortgages. Daily liquidity is maintained through an allocation to money market funds. The fund captures additional yield by diversifying beyond ultra-short money market instruments. Coupon income and bond maturities are reinvested in short term, relatively higher yielding securities.
The fund is well suited for investors needing liquidity in a one to five year time frame. This may include reserves or funds needed for capital projects. Learn more.
The Quaker Index Fund is a Quaker-screened fund designed to track the S&P 500 Index with low annual turnover and low tracking error. It is consistent with FFC’s socially responsible investment guidelines and, like the S&P 500, is diversified across economic sectors. Quaker Index Fund is intended for larger investor organizations, including Friends colleges and universities, retirement communities and foundations with an investment horizon of five years or longer. Learn more.