The Fund does not have exposure to stocks that derive any revenue from the production or manufacturing of tobacco and controversial weapons or more than 10% of gross revenue from the production or manufacture of products in alcohol, gambling and adult entertainment, derive more than 20% of gross revenue from thermal coal mining or extraction of unconventional oil and gas, and stocks considered to have business practices that violate the UN Global Compact, for example, those involved in very severe ESG controversies such as human rights abuses or corruption.

The Fund targets a positive (at least 10% above the index) rating to companies providing environmental solutions such as clean technologies and renewable energy. Acadian's general approach to Responsible Investing is centered around three pillars - signals, solutions, and stewardship. Signals relates to the integration of material ESG metrics into the core investment process. Acadian finds that companies are more likely to be positioned for success when they exhibit strong corporate cultures, stable and independent boards with sound corporate governance structures and a diversity of experience and qualifications. The second pillar is Acadian's commitment to offer dedicated solutions to clients who have specific ESG values or norms based preferences such as exclusions. The final pillar is Stewardship which consists both of company engagements and proxy voting.

Acadian has been a signatory of the Principles for Responsible Investment since 2009 and publicly reports on Responsible Investment activities via the Transparency Report available on the PRI's website. Acadian has been a supporter of the Task Force on Climate-related Financial Disclosures (TCFD) since 2021 and publishes a TCFD report. As part of Acadian's engagement strategy, it assesses the company's compliance with the U.N.'s Guiding Principles on Business and Human Rights.