SOCIALLY RESPONSIBLE INVESTING

The primary objectives of our investment policies do not preclude consideration of moral, ethical, and social criteria in selecting investments.

ACTIF will make a concerted effort to invest in businesses that:

1. Protect the global environment, its climate and its biodiversity or demonstrate innovation in relation to environmental protection
2. Practice sustainable procurement of essential resources and services (e.g. low-carbon sources of energy) and reduce consumption of finite resources
3. Promote water and food security
4. Maintain a safe and healthy work environment including full disclosure to workers of potential work hazards
5. Pursue research and development programs that hold promise for new products of social benefit and for increasing employment prospects
6. Maintain fair labor practices including exemplary management policies in such areas as non-discriminatory hiring and promotion, and worker education
7. Provide beneficial goods and services such as food, clothing, housing, healthcare, education, transportation and energy

ACTIF will not invest knowingly in businesses whose products, services or business practices:

1. Participate in the exploitation of, or support the killing of endangered species
2. Deny civil or human rights or have significant operations in countries with serious human rights violations
3. Make nuclear, biological, or conventional weapons
4. Engage in unfair labor practices
5. Make tobacco products
6. Discriminate by race, gender, ethnic origin, sexual preference or disability
7. Demonstrate substantially harmful environmental practices
8. Have notably inferior occupational health and safety records
9. Manufacture or market products that in normal use are unsafe 10. Are tested on animals purely for cosmetic purposes