|ACI Health Care Impact Equity
|Institutional Investors Only
|Michael Li, Ph.D.; Henry He, CFA
The strategy is constructed along two dimensions, investing in companies positioned for sustained above average growth and also having a positive societal value. The two are not exclusive within our framework and in fact must completely overlap as we evaluate each company’s ability to generate a positive impact on society as they attain their fundamental growth objectives.
The portfolio is constructed to align with the United Nations’ Sustainable Development Goal 3 (SDG-3) to “ensure healthy lives and promote well-being for all at all ages.” More precisely, the strategy invests in companies creating solutions for health care related issues in the following areas which all roll-up to SDG-3:
- New or innovative treatments for diseases including cancer;
- Access to medicines and health care services in both developed and emerging markets;
- New solutions that lead to lowering the cost of health care.
- More productive and efficient equipment, services and software used for research, diagnostic tests and therapies.
In addition, the strategy’s portfolio managers work closely with American Century’s ESG and Investment Stewardship team to ensure any ESG risks identified by our ESG integration process are not financially material to our investment thesis. Finally, in some cases, the portfolio management team engages with the holdings to validate SDG-3 alignment and to ensure that impact projections are realized.
International Norms: companies whose activities clearly infringe international agreements and which are complicit in human rights abuses (following the UN guiding principles and OECD guidelines).