Investment strategies
Choose how you want to invest.
All three strategies apply our ethical exclusions. They differ in how broadly they invest, how much discretion we have, and the risks you take. Each is managed in a separate account in your name.
Diversified · U.S. large companies
WBC Ethical
Large Cap Index
- Structure
- Separately managed account
This strategy starts with the S&P 500 and removes companies that fail our screen. The remaining holdings are weighted to keep sector exposures close to the index, while a few large mid-cap companies help round out missing exposure.
It may suit investors who want broad U.S. equity exposure with our exclusions applied. You own the underlying stocks in your brokerage account.
What to expect
Screening can help or hurt returns relative to the S&P 500. The outcome also depends on the holdings, their weights, and fees.
The management fee is 0.45%. It covers our ethical screen and management of a separate account that can accommodate additional exclusions. This costs more than a conventional low-cost index ETF. We can work with your current advisor to implement the strategy in your overall portfolio.
Flexible · Active management
WBC Ethical
All Cap
- Structure
- Separately managed account
We invest in individual stocks and ETFs across company sizes. The strategy has no fixed style, market-cap, or cash constraint, so we can adjust the portfolio as opportunities change.
It may suit investors who want us to make those decisions for them and can tolerate a portfolio that looks and performs differently from the market.
What to expect
Results depend on the investments we choose, how much we put in them, and when we hold cash. Concentration can increase volatility. Holding cash can also cause us to miss part of a rising market.
Concentrated · Small & microcap companies
WBC Ethical
Small Cap
- Structure
- Separately managed account
We look for small and microcap businesses with significant growth potential. These companies often receive little research coverage, which can make careful work valuable.
It may suit investors who can commit capital for an extended period and tolerate substantial declines along the way.
What to expect
Some companies are still establishing their business models or are not yet profitable. The shares can be hard to trade, and a few positions can have a large effect on results. Growth may take longer than expected or fail to arrive.
Capacity is limited by the securities we invest in. Please ask about current availability.
Fees
The fee structure depends on the strategy.
| Strategy | Management fee | Incentive fee |
|---|---|---|
| WBC Ethical Large Cap Index | 0.45% | 0% |
| WBC Ethical All Cap | 1.25% | 0% |
| WBC Ethical Small Cap | 0% | 20% |
The firm’s Form ADV and investment management agreement provide the full fee terms.
Read the Form ADV brochureWhich strategy fits your situation?
We can discuss your time horizon, existing investments, and comfort with risk. Some clients use more than one strategy.