IP/MAA: For the discretionary investment management in Merrill Lynch, Merrill Private Wealth Management, and the Private Bank, MAA uses screens provided by a third party provider to negatively screen accounts. These research screens encompass religious, industry, country, sector, and individual company screens.
CIO: For positive best-in-class screening, we test the companies broadly against the key characteristics that are designed to identify corporations that achieve positive social impact through progressive policies believed to be creators of value. This description applies only to the CIO Socially Innovative Fixed Income portfolio.