State Farm Growth Fund

Shareclass
State Farm Growth (STFGX)
Type
Open-end mutual fund
Manager
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
17.05%
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
17%
of assets flagged
This fund contains
 $1.29 BILLION invested 
in holdings flagged for deforestation risk
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producers
Commodity producers
1 holdings
2.25% of assets
$170.83 MILLION invested
banks
Banks and lenders
3 holdings
0.48% of assets
$36.47 MILLION invested
consumers
Major consumer brands
23 holdings
16% of assets
$1.25 BILLION invested
Commodity producers
Commodity producers
1 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%.
1 HOLDINGS
  • % of portfolio
    $ invested
  • 1. Archer-Daniels Midland Co
    Soy producerPalm oil producer
    2.23%2.23% of portfolio
    $170.83M$170.83M invested
    Soy producerPalm oil producer
Banks and lenders
Banks and lenders
3 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).
3 HOLDINGS
  • % of portfolio
    $ invested
  • 1. JPMorgan Chase & Co
    0.45%0.45% of portfolio
    $34.23M$34.23M invested
  • 2. Citigroup Inc
    0.02%0.02% of portfolio
    $1.56M$1.56M invested
  • 3. Morgan Stanley
    <0.01%<0.01% of portfolio
    $677,952$677,952 invested
Major consumer brands
Major consumer brands
23 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).
23 HOLDINGS
  • % of portfolio
    $ invested
  • 1. Johnson & Johnson
    Paper/pulp major consumer brandPalm oil major consumer brand
    4.77%4.77% of portfolio
    $364.41M$364.41M invested
    Paper/pulp major consumer brandPalm oil major consumer brand
  • 2. Walmart Inc
    Soy major consumer brandCattle major consumer brandTimber major consumer brandRubber major consumer brandPaper/pulp major consumer brandPalm oil major consumer brand
    2.55%2.55% of portfolio
    $195.31M$195.31M invested
    Soy major consumer brandCattle major consumer brandTimber major consumer brandRubber major consumer brandPaper/pulp major consumer brandPalm oil major consumer brand
  • 3. Archer-Daniels Midland Co
    Soy major consumer brandPalm oil major consumer brand
    2.23%2.23% of portfolio
    $170.83M$170.83M invested
    Soy major consumer brandPalm oil major consumer brand
  • 4. Procter & Gamble Co
    Paper/pulp major consumer brandPalm oil major consumer brand
    1.43%1.43% of portfolio
    $109.48M$109.48M invested
    Paper/pulp major consumer brandPalm oil major consumer brand
  • 5. Amazon.com Inc
    Soy major consumer brandCattle major consumer brandTimber major consumer brandRubber major consumer brandPaper/pulp major consumer brandPalm oil major consumer brand
    1.4%1.4% of portfolio
    $107.04M$107.04M invested
    Soy major consumer brandCattle major consumer brandTimber major consumer brandRubber major consumer brandPaper/pulp major consumer brandPalm oil major consumer brand
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DATA AS OF 31 Mar 2024
Financial performance
Performance data provided byMorningstarFind more financial data on STFGX at Morningstar.com
Current fund
STFGX
State Farm Growth Fund
Family
State Farm
Category
Large Blend
vs.
Benchmark
IVV
iShares Core S&P 500 ETF
Family
iShares from BlackRock
Category
Large Blend
Fund comparison settings
Investment timeline
Performance as of: 7/31/24
1 year
3 years
5 years
10 years
Benchmark
Suggested: S&P 500
IVV - iShares Core S&P 500 ETF
Fund comparison results
Compared to the benchmark, this fund has:
Lower 10-yr returns 
-1.62% less in annualized returns
More invested in commodity producers 
2.06% more invested
Less invested in banks and lenders 
1.97% less invested
More invested in major consumer brands 
4.86% more invested
Current fund
STFGX
State Farm Growth Fund
Family
State Farm
Category
Large Blend
vs.
Benchmark
IVV
iShares Core S&P 500 ETF
Family
iShares from BlackRock
Category
Large Blend
Fund comparison settings
Investment timeline
Performance as of: 7/31/24
1 year
3 years
5 years
10 years
Benchmark
Suggested: S&P 500
IVV - iShares Core S&P 500 ETF
Fund comparison results
Compared to the benchmark, this fund has:
Lower 10-yr returns 
-1.62% less in annualized returns
More invested in commodity producers 
2.06% more invested
Less invested in banks and lenders 
1.97% less invested
More invested in major consumer brands 
4.86% more invested
Current fund
STFGX
State Farm Growth Fund
Family
State Farm
Category
Large Blend
vs.
Benchmark
IVV
iShares Core S&P 500 ETF
Family
iShares from BlackRock
Category
Large Blend
Fund comparison settings
Investment timeline
Performance as of: 7/31/24
1 year
3 years
5 years
10 years
Benchmark
Suggested: S&P 500
IVV - iShares Core S&P 500 ETF
Fund comparison results
Compared to the benchmark, this fund has:
Lower 10-yr returns 
-1.62% less in annualized returns
More invested in commodity producers 
2.06% more invested
Less invested in banks and lenders 
1.97% less invested
More invested in major consumer brands 
4.86% more invested
Month-end trailing returns  
Annualized returns
Deforestation analysis
1-yr
3-yr
5-yr
10-yr
Commodity producers
This fund
STFGX - State Farm Growth Fund
19%
9.58%
14%
11%
2.25% 
Benchmark
IVV - iShares Core S&P 500 ETF
22%
9.57%
15%
13%
0.19% 
Fund compared to benchmark
 
-2.78%
0.02%
-0.76%
-1.62%
2.06%  higher
Find more financial data on STFGX at Morningstar.com
Take Action
Call on U.S. investment firms to implement Deforestation and Land Grab-Free investment policies.
Find top-graded funds that avoid deforestation-risk investments.
Use Fossil Free Funds to check this fund's fossil fuel investments and carbon footprint.
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