10/04/2024 | Press release | Distributed by Public on 10/04/2024 12:55
Environmental Accountability Portfolio (formerly, the Responsible ESG U.S. Equity Portfolio)
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Summary Prospectus-October 7, 2024
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Ticker Symbol: RESGX
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Before you invest, you may want to review the Portfolio's complete Prospectus, which contains more information about the Portfolio and its risks. You can find the Portfolio's complete Prospectus, reports to shareholders, and other information about the Portfolio online at https://www.glenmede.com/performance. You can also get this information at no cost by calling 1-800-442-8299 or by sending an e-mail request to [email protected]. The Portfolio's complete Prospectus and Statement of Additional Information, both dated October 7, 2024, are incorporated by reference into this Summary Prospectus.
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Annual Portfolio Operating Expenses
(expenses that you pay each year as a percentage of the value of your investment)
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Management Fees
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0.55 %
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Other Expenses
(includes 0.20% shareholder servicing fees payable to Glenmede Trust)1
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0.52%
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Total Annual Portfolio Operating Expenses
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1.07%
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Fee Waivers and Expense Reimbursements2
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0.22%
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Net Expenses
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0.85%
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1
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The Portfolio's "Other Expenses" have been restated to reflect the expenses expected to be incurred for the Portfolio for the current fiscal year.
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2
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Glenmede Investment Management LP (the "Advisor") has contractually agreed to waive its fees and/or reimburse expenses to the extent that the Portfolio's annual total operating expenses exceed 0.85% of the Portfolio's average daily net assets (excluding Acquired Fund fees and expenses, brokerage commissions, extraordinary items, interest and taxes). The Advisor has contractually agreed to these waivers and/or reimbursements until at least February 28, 2026 and may discontinue this arrangement at any time thereafter. This contractual fee waiver agreement may not be terminated before February 28, 2026 without the approval of The Glenmede Fund, Inc.'s (the "Fund") Board of Directors (the "Board").
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1 Year
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3 Years
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5 Years
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10 Years
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$87
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$309
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$560
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$1,278
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Environmental Accountability Portfolio (formerly, the Responsible ESG U.S. Equity Portfolio)
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Summary Prospectus-October 7, 2024
|
Ticker Symbol: RESGX
|
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2
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Environmental Accountability Portfolio (formerly, the Responsible ESG U.S. Equity Portfolio)
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Summary Prospectus-October 7, 2024
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Ticker Symbol: RESGX
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3
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Environmental Accountability Portfolio (formerly, the Responsible ESG U.S. Equity Portfolio)
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Summary Prospectus-October 7, 2024
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Ticker Symbol: RESGX
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Past 1
Year
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Past 5
Years
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Since
Inception
(December 22, 2015)
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Return Before Taxes
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15.64%
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11.13%
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10.85%
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Return After Taxes on Distributions
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13.31%
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9.65%
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9.72%
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Return After Taxes on Distributions and Sale of Fund Shares
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10.88%
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8.77%
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8.75%
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Russell 1000® Index (reflects no deduction for fees, expenses or taxes)
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26.53%
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15.52%
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13.07%
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Morningstar Large Blend Average1
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22.32%
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13.50%
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11.22%
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1
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The Morningstar Large Blend Average is provided so that investors may compare the performance of the Portfolio with the performance of a peer group of funds that Morningstar, Inc. considers similar to the Portfolio.
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4
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Environmental Accountability Portfolio (formerly, the Responsible ESG U.S. Equity Portfolio)
|
Summary Prospectus-October 7, 2024
|
Ticker Symbol: RESGX
|
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5
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