SPFEX – Sphere 500 Climate Institutional Investment Strategy | Morningstar

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Strategy

The investment seeks to track the performance of the Sphere 500 Fossil Free Index (the "index"). The index is designed to reflect the performance of large companies listed on U.S. exchanges while excluding companies with climate-related risks. The fund invests at least 80% of its net assets in securities issued by companies that do not derive any revenue from the sale of fossil fuels, hold fossil fuel related assets or reserves, use fossil fuels for power generation, or produce fossil fuel-related equipment.

Ticker	Name	Share Class Type	Investment Status	Morningstar Rating for Funds Overall	Medalist Rating Overall	Inception Date	Total Net Assets for Share Class	Adjusted Expense Ratio	Fee Level Distribution	Minimum Initial Investment	1-Year Net Flow
SPFFX	Sphere 500 Climate Fund Class R6	No Load	Open			Oct 4, 2021	$69.40M	0.070%	Low	$0	$8.88M
SPFEX	Sphere 500 Climate Fund Class Institutional	Institutional	Open			Sep 16, 2025	$19.38M	0.300%	Low	$0	$16.22M

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