Backtested Results comparing to one of the biggest ESG Funds in the World:
The backtesting performance data above represents the Cedar Austrian Economics ESG Strategy with a total return performance of over 1100% since January 2005 to November 2020.
The comparison is to the iShares MSCI USA ESG Select Fund, an ESG fund of over USD $1.8 Billion in Assets Under Management (AUM) (as of November 3, 2020) with total return performance of 277% since this fund’s inception in January 2005 to November 2020.
Performance before inception is based on backtested data. Backtesting is the process of evaluating an investment strategy by applying it to historical data to simulate what the performance of such strategy would have been. Backtested data does not represent actual performance and should not be interpreted as an indication of actual or future performance.