Due to the COVID-19 (coronavirus) outbreak, and to protect our staff, their families and the public, United Church Funds’ New York City offices are closed until further notice. During this time, all operations including Client Services continue as normal, and email and phones will be monitored by staff, working remotely, during regular business hours (9:00 a.m. – 4:30 p.m., EDT)
Why has the market moved so dramatically in the last three weeks? COVID-19 is the trigger, and investor sentiment has shifted quickly from the complacency of viewing the virus as a contained problem in China to fears of a worldwide pandemic. Read the rest of the latest market commentary by David Klassen, Chief Investment Strategist, and Lan Cai, Deputy Chief Investment Strategist.
As a leader in SRI, UCF makes it a priority to thoughtfully and effectively respond to urgent calls for social action from the United Church of Christ, our investors and other SRI partners. UCF is pleased to share positive updates on our work in corporate dialogues and shareholder resolutions.
With the Dow Jones Industrial Average, the S&P 500 index, and other global equity markets having sold off after a strong January, the following is our perspective on the sudden return of volatility to the markets provided by our Chief Investment Strategist David A. Klassen.
After 28 years of service as the President of United Church Funds (UCF), Donald G. Hart has announced his plan to retire in June 2019. Don has played a critical role in the growth and development of UCF since joining the organization in 1989 and becoming president in 1991.
Michael de Guzman, Portfolio Manager discusses fund performance, global markets, investment strategy and positioning, while Katie McCloskey, Director of Social Responsibility discusses changes to exclusionary screening that UCF will implement in January 2018.