Hennion & Walsh introduces new SmartTrust impact investing trust

By Lisa Kerner

Charlotte, N.C., Feb. 18 – Hennion & Walsh launched SmartTrust Sustainable Impact Investing Trust, expanding its suite of proprietary SmartTrust Unit Investment Trust portfolios.

The new trust invests in the stocks of companies that meet the trust’s investment criteria including, but not limited to, environmental, social and governance factors, according to a news release.

Selected by Argus Investors’ Counsel, the trust seeks to achieve its objective by investing in equity securities included in the S&P 1500 index that meet the criteria established by IW Financial, an independent research provider, the release stated.

IW Financial scores companies according to its Best in Class Methodology Ratings comprised of 60 criteria that quantify how various environmental, social and governance issues can be most effectively understood and quantified. BIC ratings range from a low of 1 to a high of 100.

U.S. large-cap, dividend-paying companies with high BIC ratings from IW Financial and buy ratings from Argus are considered for the portfolio, according to Hennion & Walsh.

Parsippany, N.J.-based Hennion & Walsh is a full-service brokerage firm specializing in municipal bonds.

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