Let me get straight to the point: We hereby renounce ESG. We have removed ESG from the names of all our products and no longer identify our investment approach as being part of the ESG category.
For anyone who is unfamiliar, ESG is an approach to investing that seeks to ascertain potential risks and rewards inherent within an investment based on environmental, social and governance criterion, which at face value is a rather benign concept. Unfortunately, ESG has become weaponized by liberal activists to push forward their harmful, social-Marxist agenda, hence the problem.
