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FINANCIAL_SERVICESAPPROVED

University of Maine System Investment Committee Minutes February 2026

UMS Pension Adds iShares Low Carbon MSCI ACWI ETF

University of MSBT|Audit CommitteeISHARES LOW CARBON MSCI ACWI ETFFebruary 26, 2026

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TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Description

The University of Maine System Investment Committee approved reallocating the Pension Fund’s former Walter Scott Global Equity assets into the iShares Low Carbon MSCI ACWI ETF (CRBN), adding a globally diversified, fossil fuel free index exposure to the pension portfolio.

Contract Details

Vendor

ISHARES LOW CARBON MSCI ACWI ETF

Agency

University of MSBT|Audit Committee, ME

Contract Type

FINANCIAL_SERVICES

Document Date

February 26, 2026

Renewal Info

New allocation of Pension Fund assets to a low carbon global equity index ETF following termination of a prior active manager; ongoing use will be subject to future performance and policy reviews.

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