PACE International Equity Investments - PACE SELECT ADVISORS TRUST

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PACE International Equity Investments CLASS A (PWGAX)
Type
Open-end mutual fund
Deforestation grade: Fund is invested in deforestation-risk agricultural commodity producer/traders, above the threshold of 1.5%. Assigned a grade of F.
How we track deforestation-risk investments
F
13.85%
INVESTED IN DEFORESTATION-RISK COMPANIES
producers
AGRIBUSINESS
deforestation-risk producers and traders of palm oil, paper/pulp, rubber, timber, cattle, and soy
banks
BANKS AND LENDERS
that finance deforestation-risk agribusiness producers via lending and underwriting
consumers
MAJOR CONSUMER BRANDS
that use deforestation-risk agribusiness commodities in products
26
holdings flagged
12%
of assets flagged
This fund contains
 $102.3 MILLION invested 
in holdings flagged for deforestation risk
Take action
producers
Commodity producers
5 holdings
2.31% of assets
$19.34 MILLION invested
banks
Banks and lenders
8 holdings
5.16% of assets
$43.12 MILLION invested
consumers
Major consumer brands
15 holdings
6.28% of assets
$52.48 MILLION invested
Commodity producers
Commodity producers
5 HOLDINGS
Companies that produce and trade palm oil, paper/pulp, rubber, timber, cattle, and soy, and have a past record or a significant risk of contributing to deforestation, land grabbing, and human rights abuses. Investing in any of these companies assigns a fund a grade of C if total producer exposure is below the threshold of 0.5%; a grade of D if below 1.5%; and a grade of F if above 1.5%.
5 HOLDINGS
  • % of portfolio
    $ invested
  • 1. Associated British Foods PLC
    Soy producerPalm oil producer
    0.89%0.89% of portfolio
    $8.26M$8.26M invested
    Soy producerPalm oil producer
  • 2. UPM-Kymmene Oyj
    Timber producerPaper/pulp producer
    0.47%0.47% of portfolio
    $4.39M$4.39M invested
    Timber producerPaper/pulp producer
  • 3. Jardine Matheson Holdings Ltd
    Palm oil producer
    0.43%0.43% of portfolio
    $4.02M$4.02M invested
    Palm oil producer
  • 4. Neste Oyj
    Soy producerPalm oil producer
    0.29%0.29% of portfolio
    $2.67M$2.67M invested
    Soy producerPalm oil producer
  • 5. ITOCHU Corp
    Timber producerRubber producerPaper/pulp producerPalm oil producer
    <0.01%<0.01% of portfolio
    $5,795$5,795 invested
    Timber producerRubber producerPaper/pulp producerPalm oil producer
Banks and lenders
Banks and lenders
8 HOLDINGS
Financial institutions directly and indirectly involved in underwriting and lending to deforestation-risk producers and traders. Investing in any of these companies assigns a fund a grade of B (assuming there are no investments in producers).
8 HOLDINGS
  • % of portfolio
    $ invested
  • 1. DBS Group Holdings Ltd
    1.35%1.35% of portfolio
    $12.58M$12.58M invested
  • 2. United Overseas Bank Ltd
    1.07%1.07% of portfolio
    $9.95M$9.95M invested
  • 3. Banco Bilbao Vizcaya Argentaria SA
    0.67%0.67% of portfolio
    $6.21M$6.21M invested
  • 4. HSBC Holdings PLC
    0.66%0.66% of portfolio
    $6.15M$6.15M invested
  • 5. Bank Rakyat Indonesia Persero Tbk PT
    0.32%0.32% of portfolio
    $2.99M$2.99M invested
View next 3
Major consumer brands
Major consumer brands
15 HOLDINGS
Consumer goods retailers that source palm oil, paper/pulp, rubber, timber, cattle, and soy from deforestation-risk producers and traders and sell it to consumers worldwide. Investing in any of these companies assigns a fund a grade of B (assuming there are no investments in producers).
15 HOLDINGS
  • % of portfolio
    $ invested
  • 1. Nestle SA
    Soy major consumer brandCattle major consumer brandPaper/pulp major consumer brandPalm oil major consumer brand
    1.17%1.17% of portfolio
    $10.87M$10.87M invested
    Soy major consumer brandCattle major consumer brandPaper/pulp major consumer brandPalm oil major consumer brand
  • 2. Associated British Foods PLC
    Soy major consumer brandCattle major consumer brandPalm oil major consumer brand
    0.89%0.89% of portfolio
    $8.26M$8.26M invested
    Soy major consumer brandCattle major consumer brandPalm oil major consumer brand
  • 3. CK Hutchison Holdings Ltd
    Soy major consumer brandCattle major consumer brandPaper/pulp major consumer brandPalm oil major consumer brand
    0.7%0.7% of portfolio
    $6.53M$6.53M invested
    Soy major consumer brandCattle major consumer brandPaper/pulp major consumer brandPalm oil major consumer brand
  • 4. Shell PLC
    Soy major consumer brandPalm oil major consumer brand
    0.67%0.67% of portfolio
    $6.25M$6.25M invested
    Soy major consumer brandPalm oil major consumer brand
  • 5. UPM-Kymmene Oyj
    Timber major consumer brandPaper/pulp major consumer brand
    0.47%0.47% of portfolio
    $4.39M$4.39M invested
    Timber major consumer brandPaper/pulp major consumer brand
View next 5
View more info
DATA AS OF 31 Oct 2025





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