- Sector
- Financial Services
- Industry
- Asset Management
- Address
- 114 State Street Boston MA United States of America 02109
- IPO Date
- Sep 30, 2016
- Business
- Green Century MSCI International Index Fund Institutional Class (GCIFX) is a fossil fuel-free equity index mutual fund that seeks long-term total return by tracking the MSCI World ex USA SRI ex Fossil Fuels Index, comprising approximately 175 large- and mid-cap stocks from companies with high environmental, social, and governance (ESG) ratings headquartered in 22 of 23 developed markets outside the United States, including Japan, Germany, France, Canada, Switzerland, the United Kingdom, and others. The fund invests substantially all assets in common stocks of the underlying index, excluding companies involved in coal, oil, or gas exploration, extraction, processing, refining, or transmission; fossil fuel-derived electricity production; tobacco; nuclear energy and weapons; genetically modified organisms; civilian and military weapons; alcohol; gambling; and adult entertainment, while prioritizing firms with superior ESG performance as determined by MSCI ESG Research. It offers institutional shares with a minimum investment of $250,000, no sales charge or 12b-1 fees, and a net expense ratio of 0.98%, managed by Green Century Capital Management as advisor and Northern Trust Investments as sub-advisor, with Steven Santiccioli and Brendan Sullivan as key portfolio managers. Launched in September 2016 and domiciled in the United States, the fund targets institutional investors focused on sustainable investing and operates primarily through exposures to sectors such as financial services, industrials, technology, healthcare, and consumer defensive in Eurozone, Japan, non-Euro Europe, Canada, and the UK. As of late 2025, total net assets stand at approximately $174 million, with the institutional class comprising about $124 million. Recent developments at Green Century Funds, the fund family provider, include a December 2025 announcement of lower fees and enhanced sustainability features for the related Green Century Balanced Fund, alongside ongoing shareholder advocacy efforts on climate transition plans, deforestation policies, and emissions reductions influencing portfolio companies.