Investment Advisor Profile

The NCF Investment Department of New Covenant Trust Company, N.A. — a wholly owned subsidiary of the Presbyterian Foundation — serves as investment advisor to the Funds. The Advisor’s staff and consultants work with the investment advisor’s committee to select the sub-advisors to recommend to the Funds and provide ongoing oversight of the activities and performance of the sub-advisors. The committee is comprised of volunteer Presbyterians who combine expertise in investment and marketing areas with faith-based values.

Investment Sub-advisor Profile

Wellington Management Company, LLP, manager of the core equity portfolio of New Covenant Growth Fund, is one of America’s oldest and largest investment advisors. They use a blend of proprietary fundamental and quantitative research to select stocks while controlling risk through a disciplined portfolio.

Capital Guardian Trust Company manages the Growth Fund’s foreign satellite portfolio. They use a team of portfolio managers that perform rigorous fundamental research to find undervalued stocks.

Santa Barbara Asset Management manages the large-cap growth satellite portfolio of the New Covenant Growth Fund. Santa Barbara utilizes qualitative and quantitative research to identify large companies that exhibit above-average growth that, they believe, is sustainable over time.

Mazama Capital Management, Inc. manages the small- and mid-cap growth satellite portfolio of the New Covenant Growth Fund. Mazama utilizes a fundamental bottom-up approach to identify fast growing small and mid-cap companies with attractive valuations.

Sound Shore Management, Inc. is the manager for the Growth Fund’s value satellite portfolio. A value-oriented equity investment manager that looks for out-of-favor but financially sound companies, they buy stocks that sell at discounts to their historical prices and that, in Sound Shore’s estimation, have sound catalysts that have the potential to lead to price increases.

Tattersall Advisory Group is the manager of the New Covenant Income Fund. They specialize in the management of fixed-income portfolios. Their approach emphasizes high-quality, lower-risk securities and strives to deliver very consistent results over time.