Fund Manager:
Daiwa Asset Management Co.Ltd

Research Provider:
Integrex

Fund Name:
Daiwa SRI Fund

Launch Date:
May-04

Screening (except economy):
Environmental consciousness, social responsibilities, ethical criteria

KEY Characteristics:
The Daiwa SRI Fund has the largest investment universe among SRI funds launched so far. The universe is a group of companies selected based on advice from Integrex Inc., a firm that screens and evaluates corporations quantitatively and ranks them based on their CSR. Based on a list of corporations that Integrex provides, the new fund selects and invests in the stocks of companies expected to grow based on their business performance. The Fund evaluates corporations based not only on their environmental measures and social contributions but also on top management's commitment, degree of transparency, and the corporation's ethics compliance management system. The Fund utilizes the R-bec001 questionnaire series for integrity screening as its CSR evaluation standard. As its base, the R-bec001 uses the ECS2000 ethics compliance management system standard developed by a group headed by Professor Iwao Taka of Reitaku University. About 3,600 companies received the questionnaire, among which 877 were selected for a survey and analysis for CSR quantitative evaluation. Integrex has been conducting CSR surveys annually since 2001.

Asset Value:
10.5 billion Yen

Additional information:
http://www.japancorp.net/Article.Asp?Art_ID=7184

http://www.branding.daiwa.co.jp/ (Japanese only)