id	sid	tid	token	lemma	pos
cjel-11734	1	1	415	415	NUM
cjel-11734	1	2	green	green	ADJ
cjel-11734	1	3	funds	fund	NOUN
cjel-11734	1	4	in	in	ADP
cjel-11734	1	5	a	a	DET
cjel-11734	1	6	gray	gray	ADJ
cjel-11734	1	7	area	area	NOUN
cjel-11734	1	8	:	:	PUNCT
cjel-11734	1	9	the	the	DET
cjel-11734	1	10	esg	esg	PROPN
cjel-11734	1	11	fund	fund	PROPN
cjel-11734	1	12	labeling	labeling	NOUN
cjel-11734	1	13	problem	problem	NOUN
cjel-11734	1	14	and	and	CCONJ
cjel-11734	1	15	how	how	SCONJ
cjel-11734	1	16	the	the	DET
cjel-11734	1	17	sec	sec	PROPN
cjel-11734	1	18	can	can	AUX
cjel-11734	1	19	fix	fix	VERB
cjel-11734	1	20	it	it	PRON
cjel-11734	1	21	corey	corey	PROPN
cjel-11734	1	22	b.	b.	PROPN
cjel-11734	1	23	shapiro	shapiro	PROPN
cjel-11734	1	24	*	*	PUNCT
cjel-11734	1	25	environmental	environmental	ADJ
cjel-11734	1	26	,	,	PUNCT
cjel-11734	1	27	social	social	ADJ
cjel-11734	1	28	,	,	PUNCT
cjel-11734	1	29	and	and	CCONJ
cjel-11734	1	30	governance	governance	NOUN
cjel-11734	1	31	(	(	PUNCT
cjel-11734	1	32	esg	esg	NOUN
cjel-11734	1	33	)	)	PUNCT
cjel-11734	1	34	funds	fund	NOUN
cjel-11734	1	35	face	face	VERB
cjel-11734	1	36	tremendous	tremendous	ADJ
cjel-11734	1	37	skepticism	skepticism	NOUN
cjel-11734	1	38	regarding	regard	VERB
cjel-11734	1	39	their	their	PRON
cjel-11734	1	40	impact	impact	NOUN
cjel-11734	1	41	relative	relative	ADJ
cjel-11734	1	42	to	to	ADP
cjel-11734	1	43	investor	investor	NOUN
cjel-11734	1	44	perceptions	perception	NOUN
cjel-11734	1	45	.	.	PUNCT
cjel-11734	2	1	in	in	ADP
cjel-11734	2	2	fact	fact	NOUN
cjel-11734	2	3	,	,	PUNCT
cjel-11734	2	4	several	several	ADJ
cjel-11734	2	5	figures	figure	NOUN
cjel-11734	2	6	,	,	PUNCT
cjel-11734	2	7	including	include	VERB
cjel-11734	2	8	media	medium	NOUN
cjel-11734	2	9	commentators	commentator	NOUN
cjel-11734	2	10	and	and	CCONJ
cjel-11734	2	11	asset	asset	NOUN
cjel-11734	2	12	management	management	NOUN
cjel-11734	2	13	leaders	leader	NOUN
cjel-11734	2	14	,	,	PUNCT
cjel-11734	2	15	have	have	AUX
cjel-11734	2	16	sounded	sound	VERB
cjel-11734	2	17	the	the	DET
cjel-11734	2	18	alarm	alarm	NOUN
cjel-11734	2	19	on	on	ADP
cjel-11734	2	20	esg	esg	PROPN
cjel-11734	2	21	investing	investing	NOUN
cjel-11734	2	22	.	.	PUNCT
cjel-11734	3	1	they	they	PRON
cjel-11734	3	2	believe	believe	VERB
cjel-11734	3	3	investors	investor	NOUN
cjel-11734	3	4	,	,	PUNCT
cjel-11734	3	5	especially	especially	ADV
cjel-11734	3	6	retail	retail	ADJ
cjel-11734	3	7	investors	investor	NOUN
cjel-11734	3	8	,	,	PUNCT
cjel-11734	3	9	are	be	AUX
cjel-11734	3	10	being	be	AUX
cjel-11734	3	11	misled	mislead	VERB
cjel-11734	3	12	by	by	ADP
cjel-11734	3	13	funds	fund	NOUN
cjel-11734	3	14	’	'	PUNCT
cjel-11734	3	15	names	name	NOUN
cjel-11734	3	16	and	and	CCONJ
cjel-11734	3	17	largely	largely	ADV
cjel-11734	3	18	unhelpful	unhelpful	ADJ
cjel-11734	3	19	disclosures	disclosure	NOUN
cjel-11734	3	20	,	,	PUNCT
cjel-11734	3	21	and	and	CCONJ
cjel-11734	3	22	that	that	SCONJ
cjel-11734	3	23	some	some	DET
cjel-11734	3	24	fund	fund	NOUN
cjel-11734	3	25	managers	manager	NOUN
cjel-11734	3	26	are	be	AUX
cjel-11734	3	27	exaggerating	exaggerate	VERB
cjel-11734	3	28	their	their	PRON
cjel-11734	3	29	esg	esg	NOUN
cjel-11734	3	30	practices	practice	NOUN
cjel-11734	3	31	in	in	ADP
cjel-11734	3	32	the	the	DET
cjel-11734	3	33	name	name	NOUN
cjel-11734	3	34	of	of	ADP
cjel-11734	3	35	attracting	attract	VERB
cjel-11734	3	36	investors	investor	NOUN
cjel-11734	3	37	’	'	PUNCT
cjel-11734	3	38	money	money	NOUN
cjel-11734	3	39	.	.	PUNCT
cjel-11734	4	1	the	the	DET
cjel-11734	4	2	securities	securities	PROPN
cjel-11734	4	3	and	and	CCONJ
cjel-11734	4	4	exchange	exchange	PROPN
cjel-11734	4	5	commission	commission	PROPN
cjel-11734	4	6	(	(	PUNCT
cjel-11734	4	7	sec	sec	PROPN
cjel-11734	4	8	)	)	PUNCT
cjel-11734	4	9	has	have	AUX
cjel-11734	4	10	documented	document	VERB
cjel-11734	4	11	evidence	evidence	NOUN
cjel-11734	4	12	of	of	ADP
cjel-11734	4	13	misleading	mislead	VERB
cjel-11734	4	14	statements	statement	NOUN
cjel-11734	4	15	regarding	regard	VERB
cjel-11734	4	16	esg	esg	PROPN
cjel-11734	4	17	investing	investing	NOUN
cjel-11734	4	18	processes	process	NOUN
cjel-11734	4	19	and	and	CCONJ
cjel-11734	4	20	has	have	AUX
cjel-11734	4	21	brought	bring	VERB
cjel-11734	4	22	enforcement	enforcement	NOUN
cjel-11734	4	23	actions	action	NOUN
cjel-11734	4	24	against	against	ADP
cjel-11734	4	25	companies	company	NOUN
cjel-11734	4	26	for	for	ADP
cjel-11734	4	27	making	make	VERB
cjel-11734	4	28	false	false	ADJ
cjel-11734	4	29	claims	claim	NOUN
cjel-11734	4	30	in	in	ADP
cjel-11734	4	31	their	their	PRON
cjel-11734	4	32	disclosures	disclosure	NOUN
cjel-11734	4	33	.	.	PUNCT
cjel-11734	5	1	in	in	ADP
cjel-11734	5	2	an	an	DET
cjel-11734	5	3	effort	effort	NOUN
cjel-11734	5	4	to	to	PART
cjel-11734	5	5	address	address	VERB
cjel-11734	5	6	the	the	DET
cjel-11734	5	7	lack	lack	NOUN
cjel-11734	5	8	of	of	ADP
cjel-11734	5	9	standardization	standardization	NOUN
cjel-11734	5	10	and	and	CCONJ
cjel-11734	5	11	clarity	clarity	NOUN
cjel-11734	5	12	in	in	ADP
cjel-11734	5	13	the	the	DET
cjel-11734	5	14	esg	esg	PROPN
cjel-11734	5	15	fund	fund	NOUN
cjel-11734	5	16	industry	industry	NOUN
cjel-11734	5	17	,	,	PUNCT
cjel-11734	5	18	the	the	DET
cjel-11734	5	19	sec	sec	PROPN
cjel-11734	5	20	proposed	propose	VERB
cjel-11734	5	21	two	two	NUM
cjel-11734	5	22	rules	rule	NOUN
cjel-11734	5	23	in	in	ADP
cjel-11734	5	24	may	may	PROPN
cjel-11734	5	25	2022	2022	NUM
cjel-11734	5	26	that	that	PRON
cjel-11734	5	27	would	would	AUX
cjel-11734	5	28	change	change	VERB
cjel-11734	5	29	the	the	DET
cjel-11734	5	30	naming	naming	NOUN
cjel-11734	5	31	and	and	CCONJ
cjel-11734	5	32	disclosure	disclosure	NOUN
cjel-11734	5	33	requirements	requirement	NOUN
cjel-11734	5	34	for	for	ADP
cjel-11734	5	35	esg	esg	NOUN
cjel-11734	5	36	funds	fund	NOUN
cjel-11734	5	37	.	.	PUNCT
cjel-11734	6	1	to	to	PART
cjel-11734	6	2	examine	examine	VERB
cjel-11734	6	3	how	how	SCONJ
cjel-11734	6	4	esg	esg	PROPN
cjel-11734	6	5	funds	fund	NOUN
cjel-11734	6	6	are	be	AUX
cjel-11734	6	7	naming	name	VERB
cjel-11734	6	8	themselves	themselves	PRON
cjel-11734	6	9	and	and	CCONJ
cjel-11734	6	10	disclosing	disclose	VERB
cjel-11734	6	11	key	key	ADJ
cjel-11734	6	12	esg	esg	NOUN
cjel-11734	6	13	information	information	NOUN
cjel-11734	6	14	,	,	PUNCT
cjel-11734	6	15	this	this	DET
cjel-11734	6	16	note	note	NOUN
cjel-11734	6	17	aggregates	aggregate	VERB
cjel-11734	6	18	data	datum	NOUN
cjel-11734	6	19	collected	collect	VERB
cjel-11734	6	20	from	from	ADP
cjel-11734	6	21	the	the	DET
cjel-11734	6	22	twenty	twenty	NUM
cjel-11734	6	23	largest	large	ADJ
cjel-11734	6	24	esg	esg	NOUN
cjel-11734	6	25	mutual	mutual	ADJ
cjel-11734	6	26	funds	fund	NOUN
cjel-11734	6	27	and	and	CCONJ
cjel-11734	6	28	exchange	exchange	NOUN
cjel-11734	6	29	-	-	PUNCT
cjel-11734	6	30	traded	trade	VERB
cjel-11734	6	31	funds	fund	NOUN
cjel-11734	6	32	(	(	PUNCT
cjel-11734	6	33	etfs	etfs	PROPN
cjel-11734	6	34	)	)	PUNCT
cjel-11734	6	35	.	.	PUNCT
cjel-11734	7	1	based	base	VERB
cjel-11734	7	2	on	on	ADP
cjel-11734	7	3	an	an	DET
cjel-11734	7	4	analysis	analysis	NOUN
cjel-11734	7	5	of	of	ADP
cjel-11734	7	6	this	this	DET
cjel-11734	7	7	data	datum	NOUN
cjel-11734	7	8	—	—	PUNCT
cjel-11734	7	9	which	which	PRON
cjel-11734	7	10	simulates	simulate	VERB
cjel-11734	7	11	an	an	DET
cjel-11734	7	12	investor	investor	NOUN
cjel-11734	7	13	’s	’s	PART
cjel-11734	7	14	experience	experience	NOUN
cjel-11734	7	15	attempting	attempt	VERB
cjel-11734	7	16	to	to	PART
cjel-11734	7	17	identify	identify	VERB
cjel-11734	7	18	which	which	PRON
cjel-11734	7	19	esg	esg	NOUN
cjel-11734	7	20	funds	fund	NOUN
cjel-11734	7	21	best	well	ADV
cjel-11734	7	22	align	align	VERB
cjel-11734	7	23	with	with	ADP
cjel-11734	7	24	their	their	PRON
cjel-11734	7	25	objectives	objective	NOUN
cjel-11734	7	26	—	—	PUNCT
cjel-11734	7	27	this	this	DET
cjel-11734	7	28	note	note	NOUN
cjel-11734	7	29	derives	derive	VERB
cjel-11734	7	30	quantitative	quantitative	ADJ
cjel-11734	7	31	and	and	CCONJ
cjel-11734	7	32	qualitative	qualitative	ADJ
cjel-11734	7	33	takeaways	takeaway	NOUN
cjel-11734	7	34	.	.	PUNCT
cjel-11734	8	1	the	the	DET
cjel-11734	8	2	main	main	ADJ
cjel-11734	8	3	conclusion	conclusion	NOUN
cjel-11734	8	4	is	be	AUX
cjel-11734	8	5	that	that	SCONJ
cjel-11734	8	6	esg	esg	PROPN
cjel-11734	8	7	fund	fund	NOUN
cjel-11734	8	8	names	name	NOUN
cjel-11734	8	9	are	be	AUX
cjel-11734	8	10	often	often	ADV
cjel-11734	8	11	vague	vague	ADJ
cjel-11734	8	12	and	and	CCONJ
cjel-11734	8	13	misleading	misleading	ADJ
cjel-11734	8	14	,	,	PUNCT
cjel-11734	8	15	and	and	CCONJ
cjel-11734	8	16	neither	neither	CCONJ
cjel-11734	8	17	their	their	PRON
cjel-11734	8	18	names	name	NOUN
cjel-11734	8	19	nor	nor	CCONJ
cjel-11734	8	20	their	their	PRON
cjel-11734	8	21	accompanying	accompany	VERB
cjel-11734	8	22	disclosures	disclosure	NOUN
cjel-11734	8	23	describe	describe	VERB
cjel-11734	8	24	the	the	DET
cjel-11734	8	25	funds	fund	NOUN
cjel-11734	8	26	’	'	PUNCT
cjel-11734	8	27	investment	investment	NOUN
cjel-11734	8	28	strategies	strategy	NOUN
cjel-11734	8	29	in	in	ADP
cjel-11734	8	30	a	a	DET
cjel-11734	8	31	manner	manner	NOUN
cjel-11734	8	32	retail	retail	ADJ
cjel-11734	8	33	investors	investor	NOUN
cjel-11734	8	34	can	can	AUX
cjel-11734	8	35	meaningfully	meaningfully	ADV
cjel-11734	8	36	understand	understand	VERB
cjel-11734	8	37	and	and	CCONJ
cjel-11734	8	38	use	use	VERB
cjel-11734	8	39	to	to	PART
cjel-11734	8	40	make	make	VERB
cjel-11734	8	41	fully	fully	ADV
cjel-11734	8	42	informed	inform	VERB
cjel-11734	8	43	*	*	PUNCT
cjel-11734	8	44	j.d	j.d	PROPN
cjel-11734	8	45	.	.	PROPN
cjel-11734	8	46	,	,	PUNCT
cjel-11734	8	47	columbia	columbia	PROPN
cjel-11734	8	48	law	law	PROPN
cjel-11734	8	49	school	school	NOUN
cjel-11734	8	50	,	,	PUNCT
cjel-11734	8	51	2023	2023	NUM
cjel-11734	8	52	;	;	PUNCT
cjel-11734	8	53	b.a	b.a	PROPN
cjel-11734	8	54	.	.	PROPN
cjel-11734	8	55	cornell	cornell	PROPN
cjel-11734	8	56	university	university	PROPN
cjel-11734	8	57	,	,	PUNCT
cjel-11734	8	58	2017	2017	NUM
cjel-11734	8	59	.	.	PUNCT
cjel-11734	9	1	i	i	PRON
cjel-11734	9	2	would	would	AUX
cjel-11734	9	3	like	like	VERB
cjel-11734	9	4	to	to	PART
cjel-11734	9	5	thank	thank	VERB
cjel-11734	9	6	professor	professor	PROPN
cjel-11734	9	7	jeffrey	jeffrey	PROPN
cjel-11734	9	8	gordon	gordon	PROPN
cjel-11734	9	9	for	for	ADP
cjel-11734	9	10	his	his	PRON
cjel-11734	9	11	invaluable	invaluable	ADJ
cjel-11734	9	12	insight	insight	NOUN
cjel-11734	9	13	and	and	CCONJ
cjel-11734	9	14	help	help	VERB
cjel-11734	9	15	turning	turn	VERB
cjel-11734	9	16	my	my	PRON
cjel-11734	9	17	passion	passion	NOUN
cjel-11734	9	18	for	for	ADP
cjel-11734	9	19	esg	esg	PROPN
cjel-11734	9	20	investing	invest	VERB
cjel-11734	9	21	into	into	ADP
cjel-11734	9	22	this	this	DET
cjel-11734	9	23	note	note	NOUN
cjel-11734	9	24	.	.	PUNCT
cjel-11734	10	1	i	i	PRON
cjel-11734	10	2	am	be	AUX
cjel-11734	10	3	also	also	ADV
cjel-11734	10	4	grateful	grateful	ADJ
cjel-11734	10	5	for	for	ADP
cjel-11734	10	6	the	the	DET
cjel-11734	10	7	thoughtful	thoughtful	ADJ
cjel-11734	10	8	edits	edit	NOUN
cjel-11734	10	9	from	from	ADP
cjel-11734	10	10	the	the	DET
cjel-11734	10	11	editors	editor	NOUN
cjel-11734	10	12	of	of	ADP
cjel-11734	10	13	the	the	DET
cjel-11734	10	14	columbia	columbia	PROPN
cjel-11734	10	15	journal	journal	PROPN
cjel-11734	10	16	of	of	ADP
cjel-11734	10	17	environmental	environmental	ADJ
cjel-11734	10	18	law	law	NOUN
cjel-11734	10	19	.	.	PUNCT
cjel-11734	11	1	finally	finally	ADV
cjel-11734	11	2	,	,	PUNCT
cjel-11734	11	3	i	i	PRON
cjel-11734	11	4	would	would	AUX
cjel-11734	11	5	like	like	VERB
cjel-11734	11	6	to	to	PART
cjel-11734	11	7	thank	thank	VERB
cjel-11734	11	8	my	my	PRON
cjel-11734	11	9	father	father	NOUN
cjel-11734	11	10	david	david	PROPN
cjel-11734	11	11	shapiro	shapiro	PROPN
cjel-11734	11	12	for	for	ADP
cjel-11734	11	13	his	his	PRON
cjel-11734	11	14	feedback	feedback	NOUN
cjel-11734	11	15	and	and	CCONJ
cjel-11734	11	16	guidance	guidance	NOUN
cjel-11734	11	17	;	;	PUNCT
cjel-11734	11	18	my	my	PRON
cjel-11734	11	19	brother	brother	NOUN
cjel-11734	11	20	-	-	PUNCT
cjel-11734	11	21	in	in	ADP
cjel-11734	11	22	-	-	PUNCT
cjel-11734	11	23	law	law	NOUN
cjel-11734	11	24	david	david	PROPN
cjel-11734	11	25	weinstein	weinstein	PROPN
cjel-11734	11	26	for	for	ADP
cjel-11734	11	27	his	his	PRON
cjel-11734	11	28	analytical	analytical	ADJ
cjel-11734	11	29	expertise	expertise	NOUN
cjel-11734	11	30	;	;	PUNCT
cjel-11734	11	31	and	and	CCONJ
cjel-11734	11	32	my	my	PRON
cjel-11734	11	33	incredible	incredible	ADJ
cjel-11734	11	34	wife	wife	NOUN
cjel-11734	11	35	danielle	danielle	PROPN
cjel-11734	11	36	shapiro	shapiro	PROPN
cjel-11734	11	37	for	for	ADP
cjel-11734	11	38	her	her	PRON
cjel-11734	11	39	continued	continued	ADJ
cjel-11734	11	40	unconditional	unconditional	ADJ
cjel-11734	11	41	everything	everything	PRON
cjel-11734	11	42	.	.	PUNCT
cjel-11734	12	1	416	416	NUM
cjel-11734	12	2	columbia	columbia	PROPN
cjel-11734	12	3	journal	journal	PROPN
cjel-11734	12	4	of	of	ADP
cjel-11734	12	5	environmental	environmental	ADJ
cjel-11734	12	6	law	law	NOUN
cjel-11734	12	7	[	[	X
cjel-11734	12	8	vol.48:2	vol.48:2	VERB
cjel-11734	12	9	investment	investment	NOUN
cjel-11734	12	10	decisions	decision	NOUN
cjel-11734	12	11	.	.	PUNCT
cjel-11734	13	1	this	this	DET
cjel-11734	13	2	note	note	NOUN
cjel-11734	13	3	calls	call	VERB
cjel-11734	13	4	this	this	DET
cjel-11734	13	5	phenomenon	phenomenon	NOUN
cjel-11734	13	6	the	the	DET
cjel-11734	13	7	“	"	PUNCT
cjel-11734	13	8	esg	esg	NOUN
cjel-11734	13	9	fund	fund	NOUN
cjel-11734	13	10	labeling	labeling	NOUN
cjel-11734	13	11	problem	problem	NOUN
cjel-11734	13	12	.	.	PUNCT
cjel-11734	13	13	”	"	PUNCT
cjel-11734	14	1	in	in	ADP
cjel-11734	14	2	addition	addition	NOUN
cjel-11734	14	3	to	to	ADP
cjel-11734	14	4	analyzing	analyze	VERB
cjel-11734	14	5	the	the	DET
cjel-11734	14	6	esg	esg	PROPN
cjel-11734	14	7	fund	fund	NOUN
cjel-11734	14	8	labeling	labeling	NOUN
cjel-11734	14	9	problem	problem	NOUN
cjel-11734	14	10	and	and	CCONJ
cjel-11734	14	11	its	its	PRON
cjel-11734	14	12	impact	impact	NOUN
cjel-11734	14	13	on	on	ADP
cjel-11734	14	14	retail	retail	ADJ
cjel-11734	14	15	investors	investor	NOUN
cjel-11734	14	16	,	,	PUNCT
cjel-11734	14	17	this	this	DET
cjel-11734	14	18	note	note	NOUN
cjel-11734	14	19	considers	consider	VERB
cjel-11734	14	20	whether	whether	SCONJ
cjel-11734	14	21	the	the	DET
cjel-11734	14	22	sec	sec	PROPN
cjel-11734	14	23	’s	’s	PART
cjel-11734	14	24	two	two	NUM
cjel-11734	14	25	proposed	propose	VERB
cjel-11734	14	26	rules	rule	NOUN
cjel-11734	14	27	from	from	ADP
cjel-11734	14	28	may	may	PROPN
cjel-11734	14	29	2022	2022	NUM
cjel-11734	14	30	will	will	AUX
cjel-11734	14	31	be	be	AUX
cjel-11734	14	32	successful	successful	ADJ
cjel-11734	14	33	in	in	ADP
cjel-11734	14	34	abating	abate	VERB
cjel-11734	14	35	the	the	DET
cjel-11734	14	36	esg	esg	PROPN
cjel-11734	14	37	fund	fund	NOUN
cjel-11734	14	38	labeling	labeling	NOUN
cjel-11734	14	39	problem	problem	NOUN
cjel-11734	14	40	.	.	PUNCT
cjel-11734	15	1	ultimately	ultimately	ADV
cjel-11734	15	2	,	,	PUNCT
cjel-11734	15	3	this	this	DET
cjel-11734	15	4	note	note	NOUN
cjel-11734	15	5	concludes	conclude	VERB
cjel-11734	15	6	that	that	SCONJ
cjel-11734	15	7	the	the	DET
cjel-11734	15	8	proposed	propose	VERB
cjel-11734	15	9	rules	rule	NOUN
cjel-11734	15	10	fall	fall	VERB
cjel-11734	15	11	short	short	ADV
cjel-11734	15	12	of	of	ADP
cjel-11734	15	13	meeting	meet	VERB
cjel-11734	15	14	investors	investor	NOUN
cjel-11734	15	15	’	'	PUNCT
cjel-11734	15	16	needs	need	NOUN
cjel-11734	15	17	in	in	ADP
cjel-11734	15	18	key	key	ADJ
cjel-11734	15	19	areas	area	NOUN
cjel-11734	15	20	and	and	CCONJ
cjel-11734	15	21	proposes	propose	VERB
cjel-11734	15	22	modifications	modification	NOUN
cjel-11734	15	23	the	the	DET
cjel-11734	15	24	sec	sec	PROPN
cjel-11734	15	25	can	can	AUX
cjel-11734	15	26	employ	employ	VERB
cjel-11734	15	27	to	to	PART
cjel-11734	15	28	further	far	ADV
cjel-11734	15	29	resolve	resolve	VERB
cjel-11734	15	30	the	the	DET
cjel-11734	15	31	esg	esg	PROPN
cjel-11734	15	32	fund	fund	NOUN
cjel-11734	15	33	labeling	labeling	NOUN
cjel-11734	15	34	problem	problem	NOUN
cjel-11734	15	35	and	and	CCONJ
cjel-11734	15	36	reduce	reduce	VERB
cjel-11734	15	37	investor	investor	NOUN
cjel-11734	15	38	confusion	confusion	NOUN
cjel-11734	15	39	.	.	PUNCT
cjel-11734	16	1	i.	i.	NOUN
cjel-11734	16	2	introduction	introduction	NOUN
cjel-11734	16	3	...................................................................................................	...................................................................................................	PUNCT
cjel-11734	17	1	418	418	NUM
cjel-11734	17	2	ii	ii	NOUN
cjel-11734	17	3	.	.	PUNCT
cjel-11734	18	1	esg	esg	PROPN
cjel-11734	18	2	funds	fund	NOUN
cjel-11734	18	3	,	,	PUNCT
cjel-11734	18	4	retail	retail	ADJ
cjel-11734	18	5	investors	investor	NOUN
cjel-11734	18	6	,	,	PUNCT
cjel-11734	18	7	and	and	CCONJ
cjel-11734	18	8	the	the	DET
cjel-11734	18	9	sec	sec	PROPN
cjel-11734	18	10	’s	’s	PART
cjel-11734	18	11	regulation	regulation	NOUN
cjel-11734	18	12	of	of	ADP
cjel-11734	18	13	openend	openend	ADJ
cjel-11734	18	14	funds	fund	NOUN
cjel-11734	18	15	.......................................................................................................	.......................................................................................................	PUNCT
cjel-11734	18	16	423	423	NUM
cjel-11734	18	17	a.	a.	NOUN
cjel-11734	18	18	the	the	DET
cjel-11734	18	19	esg	esg	PROPN
cjel-11734	18	20	fund	fund	PROPN
cjel-11734	18	21	landscape	landscape	NOUN
cjel-11734	18	22	......................................................................	......................................................................	PUNCT
cjel-11734	19	1	424	424	NUM
cjel-11734	19	2	1	1	NUM
cjel-11734	19	3	.	.	PUNCT
cjel-11734	19	4	from	from	ADP
cjel-11734	19	5	sri	sri	PROPN
cjel-11734	19	6	to	to	ADP
cjel-11734	19	7	esg	esg	PROPN
cjel-11734	19	8	....................................................................................	....................................................................................	PROPN
cjel-11734	19	9	424	424	NUM
cjel-11734	19	10	2	2	NUM
cjel-11734	19	11	.	.	PUNCT
cjel-11734	20	1	the	the	DET
cjel-11734	20	2	current	current	ADJ
cjel-11734	20	3	esg	esg	PROPN
cjel-11734	20	4	landscape	landscape	NOUN
cjel-11734	20	5	............................................................	............................................................	PUNCT
cjel-11734	20	6	426	426	NUM
cjel-11734	20	7	3	3	X
cjel-11734	20	8	.	.	PUNCT
cjel-11734	21	1	the	the	DET
cjel-11734	21	2	different	different	ADJ
cjel-11734	21	3	esg	esg	PROPN
cjel-11734	21	4	investing	investing	NOUN
cjel-11734	21	5	strategies	strategy	NOUN
cjel-11734	21	6	......................................	......................................	PUNCT
cjel-11734	21	7	429	429	NUM
cjel-11734	21	8	b.	b.	PROPN
cjel-11734	21	9	retail	retail	ADJ
cjel-11734	21	10	investors	investor	NOUN
cjel-11734	21	11	,	,	PUNCT
cjel-11734	21	12	millennials	millennial	NOUN
cjel-11734	21	13	,	,	PUNCT
cjel-11734	21	14	and	and	CCONJ
cjel-11734	21	15	their	their	PRON
cjel-11734	21	16	esg	esg	PROPN
cjel-11734	21	17	beliefs	belief	NOUN
cjel-11734	21	18	.................	.................	PUNCT
cjel-11734	21	19	432	432	NUM
cjel-11734	21	20	c.	c.	NOUN
cjel-11734	21	21	the	the	DET
cjel-11734	21	22	esg	esg	PROPN
cjel-11734	21	23	fund	fund	PROPN
cjel-11734	21	24	regulatory	regulatory	ADJ
cjel-11734	21	25	landscape	landscape	NOUN
cjel-11734	21	26	..............................................	..............................................	PUNCT
cjel-11734	21	27	435	435	NUM
cjel-11734	21	28	1	1	NUM
cjel-11734	21	29	.	.	PUNCT
cjel-11734	21	30	current	current	ADJ
cjel-11734	21	31	and	and	CCONJ
cjel-11734	21	32	proposed	propose	VERB
cjel-11734	21	33	requirements	requirement	NOUN
cjel-11734	21	34	for	for	ADP
cjel-11734	21	35	all	all	DET
cjel-11734	21	36	open	open	ADJ
cjel-11734	21	37	-	-	PUNCT
cjel-11734	21	38	end	end	NOUN
cjel-11734	21	39	funds	fund	NOUN
cjel-11734	21	40	.................................................................................................................	.................................................................................................................	PUNCT
cjel-11734	22	1	436	436	NUM
cjel-11734	22	2	2	2	NUM
cjel-11734	22	3	.	.	PUNCT
cjel-11734	23	1	the	the	DET
cjel-11734	23	2	sec	sec	PROPN
cjel-11734	23	3	steps	step	NOUN
cjel-11734	23	4	in	in	ADP
cjel-11734	23	5	:	:	PUNCT
cjel-11734	23	6	two	two	NUM
cjel-11734	23	7	proposed	propose	VERB
cjel-11734	23	8	rules	rule	NOUN
cjel-11734	23	9	for	for	ADP
cjel-11734	23	10	esg	esg	NOUN
cjel-11734	23	11	funds	fund	NOUN
cjel-11734	23	12	......	......	PUNCT
cjel-11734	23	13	437	437	NUM
cjel-11734	23	14	a.	a.	NOUN
cjel-11734	23	15	the	the	DET
cjel-11734	23	16	proposed	propose	VERB
cjel-11734	23	17	esg	esg	PROPN
cjel-11734	23	18	fund	fund	PROPN
cjel-11734	23	19	rule	rule	NOUN
cjel-11734	23	20	.....................................................	.....................................................	PUNCT
cjel-11734	23	21	438	438	NUM
cjel-11734	23	22	b.	b.	X
cjel-11734	23	23	the	the	DET
cjel-11734	23	24	names	name	NOUN
cjel-11734	23	25	rule	rule	VERB
cjel-11734	23	26	and	and	CCONJ
cjel-11734	23	27	the	the	DET
cjel-11734	23	28	may	may	PROPN
cjel-11734	23	29	2022	2022	NUM
cjel-11734	23	30	update	update	NOUN
cjel-11734	23	31	.........................	.........................	PUNCT
cjel-11734	23	32	441	441	NUM
cjel-11734	23	33	iii	iii	NOUN
cjel-11734	23	34	.	.	PUNCT
cjel-11734	24	1	the	the	DET
cjel-11734	24	2	esg	esg	PROPN
cjel-11734	24	3	fund	fund	PROPN
cjel-11734	24	4	labeling	labeling	NOUN
cjel-11734	24	5	problem	problem	NOUN
cjel-11734	24	6	in	in	ADP
cjel-11734	24	7	action	action	NOUN
cjel-11734	24	8	.......................................	.......................................	PUNCT
cjel-11734	24	9	444	444	NUM
cjel-11734	24	10	a.	a.	NOUN
cjel-11734	24	11	an	an	DET
cjel-11734	24	12	investor	investor	NOUN
cjel-11734	24	13	’s	’s	PART
cjel-11734	24	14	experience	experience	NOUN
cjel-11734	24	15	researching	research	VERB
cjel-11734	24	16	esg	esg	NOUN
cjel-11734	24	17	funds	fund	NOUN
cjel-11734	24	18	....................	....................	PUNCT
cjel-11734	25	1	445	445	NUM
cjel-11734	25	2	1	1	NUM
cjel-11734	25	3	.	.	PUNCT
cjel-11734	26	1	summary	summary	NOUN
cjel-11734	26	2	prospectuses	prospectus	NOUN
cjel-11734	26	3	are	be	AUX
cjel-11734	26	4	not	not	PART
cjel-11734	26	5	so	so	ADV
cjel-11734	26	6	summary	summary	NOUN
cjel-11734	26	7	........................	........................	PUNCT
cjel-11734	27	1	448	448	NUM
cjel-11734	27	2	2	2	X
cjel-11734	27	3	.	.	X
cjel-11734	27	4	etf	etf	NOUN
cjel-11734	27	5	and	and	CCONJ
cjel-11734	27	6	mutual	mutual	ADJ
cjel-11734	27	7	fund	fund	NOUN
cjel-11734	27	8	naming	name	VERB
cjel-11734	27	9	conventions	convention	NOUN
cjel-11734	27	10	............................	............................	PUNCT
cjel-11734	27	11	450	450	NUM
cjel-11734	27	12	3	3	NUM
cjel-11734	27	13	.	.	PUNCT
cjel-11734	28	1	a	a	DET
cjel-11734	28	2	review	review	NOUN
cjel-11734	28	3	of	of	ADP
cjel-11734	28	4	the	the	DET
cjel-11734	28	5	principal	principal	ADJ
cjel-11734	28	6	investment	investment	NOUN
cjel-11734	28	7	strategies	strategy	NOUN
cjel-11734	28	8	sections	section	NOUN
cjel-11734	28	9	452	452	NUM
cjel-11734	28	10	4	4	NUM
cjel-11734	28	11	.	.	PUNCT
cjel-11734	29	1	the	the	DET
cjel-11734	29	2	esg	esg	PROPN
cjel-11734	29	3	investment	investment	NOUN
cjel-11734	29	4	strategies	strategy	NOUN
cjel-11734	29	5	utilized	utilize	VERB
cjel-11734	29	6	....................................	....................................	PUNCT
cjel-11734	29	7	455	455	NUM
cjel-11734	29	8	5	5	NUM
cjel-11734	29	9	.	.	PUNCT
cjel-11734	29	10	funds	fund	NOUN
cjel-11734	29	11	’	'	PUNCT
cjel-11734	29	12	treatment	treatment	NOUN
cjel-11734	29	13	of	of	ADP
cjel-11734	29	14	the	the	DET
cjel-11734	29	15	names	name	NOUN
cjel-11734	29	16	rule	rule	VERB
cjel-11734	29	17	..........................................	..........................................	PUNCT
cjel-11734	30	1	459	459	NUM
cjel-11734	30	2	6	6	NUM
cjel-11734	30	3	.	.	PUNCT
cjel-11734	30	4	where	where	SCONJ
cjel-11734	30	5	funds	fund	NOUN
cjel-11734	30	6	land	land	VERB
cjel-11734	30	7	on	on	ADP
cjel-11734	30	8	the	the	DET
cjel-11734	30	9	return	return	NOUN
cjel-11734	30	10	-	-	PUNCT
cjel-11734	30	11	impact	impact	NOUN
cjel-11734	30	12	spectrum	spectrum	NOUN
cjel-11734	30	13	...........	...........	PUNCT
cjel-11734	30	14	459	459	NUM
cjel-11734	30	15	7	7	NUM
cjel-11734	30	16	.	.	PUNCT
cjel-11734	31	1	a	a	DET
cjel-11734	31	2	potential	potential	ADJ
cjel-11734	31	3	culprit	culprit	NOUN
cjel-11734	31	4	for	for	ADP
cjel-11734	31	5	the	the	DET
cjel-11734	31	6	esg	esg	PROPN
cjel-11734	31	7	fund	fund	PROPN
cjel-11734	31	8	labeling	labeling	NOUN
cjel-11734	31	9	problem	problem	NOUN
cjel-11734	31	10	.....	.....	PUNCT
cjel-11734	31	11	461	461	NUM
cjel-11734	31	12	8	8	NUM
cjel-11734	31	13	.	.	PUNCT
cjel-11734	31	14	reason	reason	NOUN
cjel-11734	31	15	for	for	ADP
cjel-11734	31	16	further	further	ADJ
cjel-11734	31	17	concern	concern	NOUN
cjel-11734	31	18	............................................................	............................................................	PUNCT
cjel-11734	32	1	463	463	NUM
cjel-11734	32	2	b.	b.	PROPN
cjel-11734	32	3	a	a	DET
cjel-11734	32	4	perfect	perfect	ADJ
cjel-11734	32	5	storm	storm	NOUN
cjel-11734	32	6	:	:	PUNCT
cjel-11734	32	7	the	the	DET
cjel-11734	32	8	misalignment	misalignment	NOUN
cjel-11734	32	9	between	between	ADP
cjel-11734	32	10	retail	retail	ADJ
cjel-11734	32	11	investors	investor	NOUN
cjel-11734	32	12	and	and	CCONJ
cjel-11734	32	13	esg	esg	PROPN
cjel-11734	32	14	fund	fund	NOUN
cjel-11734	32	15	disclosures	disclosure	NOUN
cjel-11734	32	16	....................................................................	....................................................................	PUNCT
cjel-11734	33	1	463	463	NUM
cjel-11734	33	2	iv	iv	NOUN
cjel-11734	33	3	.	.	PUNCT
cjel-11734	34	1	a	a	DET
cjel-11734	34	2	framework	framework	NOUN
cjel-11734	34	3	to	to	PART
cjel-11734	34	4	resolve	resolve	VERB
cjel-11734	34	5	the	the	DET
cjel-11734	34	6	esg	esg	PROPN
cjel-11734	34	7	fund	fund	PROPN
cjel-11734	34	8	labeling	labeling	NOUN
cjel-11734	34	9	problem	problem	NOUN
cjel-11734	34	10	........	........	PUNCT
cjel-11734	34	11	467	467	NUM
cjel-11734	34	12	a.	a.	NOUN
cjel-11734	34	13	all	all	DET
cjel-11734	34	14	esg	esg	PROPN
cjel-11734	34	15	funds	fund	NOUN
cjel-11734	34	16	should	should	AUX
cjel-11734	34	17	be	be	AUX
cjel-11734	34	18	required	require	VERB
cjel-11734	34	19	to	to	PART
cjel-11734	34	20	label	label	VERB
cjel-11734	34	21	themselves	themselves	PRON
cjel-11734	34	22	according	accord	VERB
cjel-11734	34	23	to	to	ADP
cjel-11734	34	24	the	the	DET
cjel-11734	34	25	classification	classification	NOUN
cjel-11734	34	26	under	under	ADP
cjel-11734	34	27	the	the	DET
cjel-11734	34	28	sec	sec	PROPN
cjel-11734	34	29	’s	’s	PART
cjel-11734	34	30	proposed	propose	VERB
cjel-11734	34	31	taxonomy	taxonomy	NOUN
cjel-11734	34	32	....................................................................................................	....................................................................................................	PUNCT
cjel-11734	35	1	469	469	NUM
cjel-11734	35	2	2023	2023	NUM
cjel-11734	35	3	]	]	PUNCT
cjel-11734	35	4	green	green	ADJ
cjel-11734	35	5	funds	fund	NOUN
cjel-11734	35	6	in	in	ADP
cjel-11734	35	7	a	a	DET
cjel-11734	35	8	gray	gray	ADJ
cjel-11734	35	9	area	area	NOUN
cjel-11734	35	10	417	417	PROPN
cjel-11734	35	11	b.	b.	PROPN
cjel-11734	35	12	esg	esg	PROPN
cjel-11734	35	13	-	-	PUNCT
cjel-11734	35	14	focused	focus	VERB
cjel-11734	35	15	and	and	CCONJ
cjel-11734	35	16	impact	impact	NOUN
cjel-11734	35	17	funds	fund	NOUN
cjel-11734	35	18	should	should	AUX
cjel-11734	35	19	have	have	VERB
cjel-11734	35	20	investment	investment	NOUN
cjel-11734	35	21	allocation	allocation	NOUN
cjel-11734	35	22	requirements	requirement	NOUN
cjel-11734	35	23	above	above	ADP
cjel-11734	35	24	80	80	NUM
cjel-11734	35	25	%	%	NOUN
cjel-11734	35	26	.............................................	.............................................	PUNCT
cjel-11734	35	27	470	470	NUM
cjel-11734	35	28	c.	c.	NOUN
cjel-11734	35	29	funds	fund	NOUN
cjel-11734	35	30	should	should	AUX
cjel-11734	35	31	be	be	AUX
cjel-11734	35	32	required	require	VERB
cjel-11734	35	33	to	to	PART
cjel-11734	35	34	disclose	disclose	VERB
cjel-11734	35	35	their	their	PRON
cjel-11734	35	36	exposure	exposure	NOUN
cjel-11734	35	37	to	to	ADP
cjel-11734	35	38	securities	security	NOUN
cjel-11734	35	39	that	that	PRON
cjel-11734	35	40	do	do	AUX
cjel-11734	35	41	not	not	PART
cjel-11734	35	42	align	align	VERB
cjel-11734	35	43	with	with	ADP
cjel-11734	35	44	their	their	PRON
cjel-11734	35	45	primary	primary	ADJ
cjel-11734	35	46	investing	investing	NOUN
cjel-11734	35	47	strategy	strategy	NOUN
cjel-11734	35	48	.........................................................................................................	.........................................................................................................	PUNCT
cjel-11734	36	1	472	472	NUM
cjel-11734	36	2	d.	d.	PROPN
cjel-11734	36	3	potential	potential	PROPN
cjel-11734	36	4	criticisms	criticism	NOUN
cjel-11734	36	5	and	and	CCONJ
cjel-11734	36	6	responses	response	NOUN
cjel-11734	36	7	.................................................	.................................................	PUNCT
cjel-11734	36	8	473	473	NUM
cjel-11734	36	9	v.	v.	ADP
cjel-11734	36	10	conclusion	conclusion	NOUN
cjel-11734	36	11	.......................................................................................................	.......................................................................................................	PUNCT
cjel-11734	36	12	476	476	NUM
cjel-11734	36	13	appendix	appendix	NOUN
cjel-11734	36	14	...................................................................................................................	...................................................................................................................	PUNCT
cjel-11734	36	15	477	477	NUM
cjel-11734	36	16	418	418	NUM
cjel-11734	36	17	columbia	columbia	PROPN
cjel-11734	36	18	journal	journal	PROPN
cjel-11734	36	19	of	of	ADP
cjel-11734	36	20	environmental	environmental	ADJ
cjel-11734	36	21	law	law	NOUN
cjel-11734	37	1	[	[	X
cjel-11734	37	2	vol.48:2	vol.48:2	NOUN
cjel-11734	37	3	i.	i.	NOUN
cjel-11734	37	4	introduction	introduction	NOUN
cjel-11734	37	5	selecting	select	VERB
cjel-11734	37	6	an	an	DET
cjel-11734	37	7	environmental	environmental	ADJ
cjel-11734	37	8	,	,	PUNCT
cjel-11734	37	9	social	social	ADJ
cjel-11734	37	10	,	,	PUNCT
cjel-11734	37	11	and	and	CCONJ
cjel-11734	37	12	governance	governance	NOUN
cjel-11734	37	13	(	(	PUNCT
cjel-11734	37	14	esg)1	esg)1	ADJ
cjel-11734	37	15	fund	fund	NOUN
cjel-11734	37	16	is	be	AUX
cjel-11734	37	17	a	a	DET
cjel-11734	37	18	lot	lot	NOUN
cjel-11734	37	19	like	like	ADP
cjel-11734	37	20	choosing	choose	VERB
cjel-11734	37	21	a	a	DET
cjel-11734	37	22	“	"	PUNCT
cjel-11734	37	23	healthy	healthy	ADJ
cjel-11734	37	24	”	"	PUNCT
cjel-11734	37	25	cereal	cereal	NOUN
cjel-11734	37	26	at	at	ADP
cjel-11734	37	27	the	the	DET
cjel-11734	37	28	supermarket.2	supermarket.2	PROPN
cjel-11734	37	29	at	at	ADP
cjel-11734	37	30	the	the	DET
cjel-11734	37	31	beginning	beginning	NOUN
cjel-11734	37	32	of	of	ADP
cjel-11734	37	33	the	the	DET
cjel-11734	37	34	process	process	NOUN
cjel-11734	37	35	,	,	PUNCT
cjel-11734	37	36	there	there	PRON
cjel-11734	37	37	are	be	VERB
cjel-11734	37	38	a	a	DET
cjel-11734	37	39	paralyzing	paralyze	VERB
cjel-11734	37	40	number	number	NOUN
cjel-11734	37	41	of	of	ADP
cjel-11734	37	42	ostensibly	ostensibly	ADV
cjel-11734	37	43	similar	similar	ADJ
cjel-11734	37	44	options	option	NOUN
cjel-11734	37	45	that	that	PRON
cjel-11734	37	46	supposedly	supposedly	ADV
cjel-11734	37	47	let	let	VERB
cjel-11734	37	48	you	you	PRON
cjel-11734	37	49	have	have	VERB
cjel-11734	37	50	the	the	DET
cjel-11734	37	51	best	good	ADJ
cjel-11734	37	52	of	of	ADP
cjel-11734	37	53	both	both	DET
cjel-11734	37	54	worlds	world	NOUN
cjel-11734	37	55	.	.	PUNCT
cjel-11734	38	1	imagine	imagine	VERB
cjel-11734	38	2	the	the	DET
cjel-11734	38	3	first	first	ADJ
cjel-11734	38	4	cereal	cereal	NOUN
cjel-11734	38	5	you	you	PRON
cjel-11734	38	6	see	see	VERB
cjel-11734	38	7	is	be	AUX
cjel-11734	38	8	“	"	PUNCT
cjel-11734	38	9	cereal	cereal	PROPN
cjel-11734	38	10	co.	co.	PROPN
cjel-11734	38	11	’s	’s	PART
cjel-11734	38	12	sugar	sugar	NOUN
cjel-11734	38	13	-	-	PUNCT
cjel-11734	38	14	optimized	optimize	VERB
cjel-11734	38	15	cereal	cereal	NOUN
cjel-11734	38	16	,	,	PUNCT
cjel-11734	38	17	”	"	PUNCT
cjel-11734	38	18	the	the	DET
cjel-11734	38	19	next	next	ADJ
cjel-11734	38	20	is	be	AUX
cjel-11734	38	21	“	"	PUNCT
cjel-11734	38	22	abc	abc	PROPN
cjel-11734	38	23	’s	’s	PART
cjel-11734	38	24	nutritious	nutritious	ADJ
cjel-11734	38	25	cereal	cereal	NOUN
cjel-11734	38	26	,	,	PUNCT
cjel-11734	38	27	”	"	PUNCT
cjel-11734	38	28	and	and	CCONJ
cjel-11734	38	29	the	the	DET
cjel-11734	38	30	third	third	NOUN
cjel-11734	38	31	is	be	AUX
cjel-11734	38	32	“	"	PUNCT
cjel-11734	38	33	xyz	xyz	PROPN
cjel-11734	38	34	’s	’s	PART
cjel-11734	38	35	health	health	NOUN
cjel-11734	38	36	-	-	PUNCT
cjel-11734	38	37	oriented	orient	VERB
cjel-11734	38	38	cereal	cereal	NOUN
cjel-11734	38	39	.	.	PUNCT
cjel-11734	38	40	”	"	PUNCT
cjel-11734	39	1	esg	esg	PROPN
cjel-11734	39	2	funds	fund	NOUN
cjel-11734	39	3	also	also	ADV
cjel-11734	39	4	have	have	VERB
cjel-11734	39	5	fairly	fairly	ADV
cjel-11734	39	6	similar	similar	ADJ
cjel-11734	39	7	,	,	PUNCT
cjel-11734	39	8	and	and	CCONJ
cjel-11734	39	9	noninformative	noninformative	ADJ
cjel-11734	39	10	names	name	NOUN
cjel-11734	39	11	,	,	PUNCT
cjel-11734	39	12	and	and	CCONJ
cjel-11734	39	13	the	the	DET
cjel-11734	39	14	differences	difference	NOUN
cjel-11734	39	15	between	between	ADP
cjel-11734	39	16	them	they	PRON
cjel-11734	39	17	can	can	AUX
cjel-11734	39	18	be	be	AUX
cjel-11734	39	19	as	as	ADV
cjel-11734	39	20	stark	stark	ADJ
cjel-11734	39	21	as	as	ADP
cjel-11734	39	22	regular	regular	ADJ
cjel-11734	39	23	versus	versus	ADP
cjel-11734	39	24	sugar	sugar	NOUN
cjel-11734	39	25	-	-	PUNCT
cjel-11734	39	26	free	free	ADJ
cjel-11734	39	27	cereal	cereal	NOUN
cjel-11734	39	28	.	.	PUNCT
cjel-11734	40	1	for	for	ADP
cjel-11734	40	2	example	example	NOUN
cjel-11734	40	3	,	,	PUNCT
cjel-11734	40	4	while	while	SCONJ
cjel-11734	40	5	the	the	DET
cjel-11734	40	6	“	"	PUNCT
cjel-11734	40	7	ishares	ishares	PROPN
cjel-11734	40	8	esg	esg	PROPN
cjel-11734	40	9	aware	aware	ADJ
cjel-11734	40	10	msci	msci	PROPN
cjel-11734	40	11	usa	usa	PROPN
cjel-11734	40	12	etf	etf	PROPN
cjel-11734	40	13	”	"	PUNCT
cjel-11734	40	14	held	hold	VERB
cjel-11734	40	15	eleven	eleven	NUM
cjel-11734	40	16	oil	oil	NOUN
cjel-11734	40	17	and	and	CCONJ
cjel-11734	40	18	gas	gas	NOUN
cjel-11734	40	19	companies	company	NOUN
cjel-11734	40	20	including	include	VERB
cjel-11734	40	21	exxonmobil	exxonmobil	PROPN
cjel-11734	40	22	and	and	CCONJ
cjel-11734	40	23	chevron	chevron	NOUN
cjel-11734	40	24	,	,	PUNCT
cjel-11734	40	25	the	the	DET
cjel-11734	40	26	“	"	PUNCT
cjel-11734	40	27	the	the	DET
cjel-11734	40	28	ishares	ishares	PROPN
cjel-11734	40	29	msci	msci	PROPN
cjel-11734	40	30	usa	usa	PROPN
cjel-11734	40	31	sri	sri	PROPN
cjel-11734	40	32	etf	etf	PROPN
cjel-11734	40	33	”	"	PUNCT
cjel-11734	40	34	held	hold	VERB
cjel-11734	40	35	just	just	ADV
cjel-11734	40	36	two.3	two.3	ADJ
cjel-11734	40	37	when	when	SCONJ
cjel-11734	40	38	both	both	PRON
cjel-11734	40	39	cereal	cereal	NOUN
cjel-11734	40	40	and	and	CCONJ
cjel-11734	40	41	fund	fund	NOUN
cjel-11734	40	42	names	name	NOUN
cjel-11734	40	43	fail	fail	VERB
cjel-11734	40	44	to	to	PART
cjel-11734	40	45	convey	convey	VERB
cjel-11734	40	46	much	much	ADJ
cjel-11734	40	47	of	of	ADP
cjel-11734	40	48	substance	substance	NOUN
cjel-11734	40	49	,	,	PUNCT
cjel-11734	40	50	the	the	DET
cjel-11734	40	51	next	next	ADJ
cjel-11734	40	52	place	place	NOUN
cjel-11734	40	53	to	to	PART
cjel-11734	40	54	turn	turn	VERB
cjel-11734	40	55	are	be	AUX
cjel-11734	40	56	their	their	PRON
cjel-11734	40	57	descriptions	description	NOUN
cjel-11734	40	58	.	.	PUNCT
cjel-11734	41	1	imagine	imagine	VERB
cjel-11734	41	2	cereal	cereal	PROPN
cjel-11734	41	3	co.	co.	PROPN
cjel-11734	41	4	’s	’s	PART
cjel-11734	41	5	box	box	PROPN
cjel-11734	41	6	said	say	VERB
cjel-11734	41	7	the	the	DET
cjel-11734	41	8	following	following	NOUN
cjel-11734	41	9	:	:	PUNCT
cjel-11734	41	10	“	"	PUNCT
cjel-11734	41	11	we	we	PRON
cjel-11734	41	12	at	at	ADP
cjel-11734	41	13	cereal	cereal	PROPN
cjel-11734	41	14	co.	co.	PROPN
cjel-11734	41	15	seek	seek	VERB
cjel-11734	41	16	to	to	PART
cjel-11734	41	17	deliver	deliver	VERB
cjel-11734	41	18	a	a	DET
cjel-11734	41	19	nutritious	nutritious	ADJ
cjel-11734	41	20	product	product	NOUN
cjel-11734	41	21	that	that	PRON
cjel-11734	41	22	tastes	taste	VERB
cjel-11734	41	23	just	just	ADV
cjel-11734	41	24	like	like	ADP
cjel-11734	41	25	our	our	PRON
cjel-11734	41	26	classic	classic	ADJ
cjel-11734	41	27	recipe	recipe	NOUN
cjel-11734	41	28	.	.	PUNCT
cjel-11734	42	1	that	that	PRON
cjel-11734	42	2	’s	’	VERB
cjel-11734	42	3	why	why	SCONJ
cjel-11734	42	4	we	we	PRON
cjel-11734	42	5	created	create	VERB
cjel-11734	42	6	our	our	PRON
cjel-11734	42	7	‘	'	PUNCT
cjel-11734	42	8	sugar	sugar	NOUN
cjel-11734	42	9	-	-	PUNCT
cjel-11734	42	10	optimized	optimize	VERB
cjel-11734	42	11	cereal	cereal	NOUN
cjel-11734	42	12	.	.	PUNCT
cjel-11734	42	13	’	'	PUNCT
cjel-11734	43	1	”	"	PUNCT
cjel-11734	43	2	abc	abc	PROPN
cjel-11734	43	3	’s	’s	PART
cjel-11734	43	4	cereal	cereal	PROPN
cjel-11734	43	5	box	box	PROPN
cjel-11734	43	6	says	say	VERB
cjel-11734	43	7	“	"	PUNCT
cjel-11734	43	8	our	our	PRON
cjel-11734	43	9	‘	'	PUNCT
cjel-11734	43	10	nutritious	nutritious	ADJ
cjel-11734	43	11	cereal	cereal	NOUN
cjel-11734	43	12	’	'	PUNCT
cjel-11734	43	13	avoids	avoid	VERB
cjel-11734	43	14	unhealthy	unhealthy	ADJ
cjel-11734	43	15	ingredients	ingredient	NOUN
cjel-11734	43	16	so	so	SCONJ
cjel-11734	43	17	customers	customer	NOUN
cjel-11734	43	18	can	can	AUX
cjel-11734	43	19	enjoy	enjoy	VERB
cjel-11734	43	20	what	what	PRON
cjel-11734	43	21	they	they	PRON
cjel-11734	43	22	’re	’re	AUX
cjel-11734	43	23	eating	eat	VERB
cjel-11734	43	24	and	and	CCONJ
cjel-11734	43	25	feel	feel	VERB
cjel-11734	43	26	good	good	ADJ
cjel-11734	43	27	too	too	ADV
cjel-11734	43	28	.	.	PUNCT
cjel-11734	44	1	at	at	ADV
cjel-11734	44	2	least	least	ADV
cjel-11734	44	3	80	80	NUM
cjel-11734	44	4	%	%	NOUN
cjel-11734	44	5	of	of	ADP
cjel-11734	44	6	the	the	DET
cjel-11734	44	7	cereal	cereal	NOUN
cjel-11734	44	8	in	in	ADP
cjel-11734	44	9	this	this	DET
cjel-11734	44	10	box	box	NOUN
cjel-11734	44	11	meets	meet	VERB
cjel-11734	44	12	our	our	PRON
cjel-11734	44	13	industry	industry	NOUN
cjel-11734	44	14	-	-	PUNCT
cjel-11734	44	15	leading	lead	VERB
cjel-11734	44	16	health	health	NOUN
cjel-11734	44	17	criteria	criterion	NOUN
cjel-11734	44	18	.	.	PUNCT
cjel-11734	44	19	”	"	PUNCT
cjel-11734	45	1	xyz	xyz	PROPN
cjel-11734	45	2	’s	’s	PART
cjel-11734	45	3	cereal	cereal	PROPN
cjel-11734	45	4	box	box	PROPN
cjel-11734	45	5	says	say	VERB
cjel-11734	45	6	something	something	PRON
cjel-11734	45	7	equally	equally	ADV
cjel-11734	45	8	vague	vague	ADJ
cjel-11734	45	9	:	:	PUNCT
cjel-11734	45	10	“	"	PUNCT
cjel-11734	45	11	xyz	xyz	PROPN
cjel-11734	45	12	’s	’s	PART
cjel-11734	45	13	‘	'	PUNCT
cjel-11734	45	14	health	health	NOUN
cjel-11734	45	15	-	-	PUNCT
cjel-11734	45	16	oriented	orient	VERB
cjel-11734	45	17	cereal	cereal	NOUN
cjel-11734	45	18	’	'	PUNCT
cjel-11734	45	19	has	have	VERB
cjel-11734	45	20	special	special	ADJ
cjel-11734	45	21	health	health	NOUN
cjel-11734	45	22	benefits	benefit	NOUN
cjel-11734	45	23	derived	derive	VERB
cjel-11734	45	24	from	from	ADP
cjel-11734	45	25	a	a	DET
cjel-11734	45	26	proprietary	proprietary	ADJ
cjel-11734	45	27	cereal	cereal	NOUN
cjel-11734	45	28	-	-	PUNCT
cjel-11734	45	29	making	make	VERB
cjel-11734	45	30	process	process	NOUN
cjel-11734	45	31	that	that	PRON
cjel-11734	45	32	integrates	integrate	VERB
cjel-11734	45	33	nutrient	nutrient	ADJ
cjel-11734	45	34	-	-	PUNCT
cjel-11734	45	35	rich	rich	ADJ
cjel-11734	45	36	ingredients	ingredient	NOUN
cjel-11734	45	37	.	.	PUNCT
cjel-11734	45	38	”	"	PUNCT
cjel-11734	46	1	in	in	ADP
cjel-11734	46	2	many	many	ADJ
cjel-11734	46	3	respects	respect	NOUN
cjel-11734	46	4	,	,	PUNCT
cjel-11734	46	5	retail	retail	ADJ
cjel-11734	46	6	investors4	investors4	NOUN
cjel-11734	46	7	face	face	VERB
cjel-11734	46	8	similar	similar	ADJ
cjel-11734	46	9	challenges	challenge	NOUN
cjel-11734	46	10	when	when	SCONJ
cjel-11734	46	11	researching	research	VERB
cjel-11734	46	12	and	and	CCONJ
cjel-11734	46	13	investing	invest	VERB
cjel-11734	46	14	in	in	ADP
cjel-11734	46	15	esg	esg	PROPN
cjel-11734	46	16	funds	fund	NOUN
cjel-11734	46	17	(	(	PUNCT
cjel-11734	46	18	an	an	DET
cjel-11734	46	19	industry	industry	NOUN
cjel-11734	46	20	primarily	primarily	ADV
cjel-11734	46	21	1	1	NUM
cjel-11734	46	22	.	.	PUNCT
cjel-11734	47	1	throughout	throughout	ADP
cjel-11734	47	2	this	this	DET
cjel-11734	47	3	note	note	NOUN
cjel-11734	47	4	,	,	PUNCT
cjel-11734	47	5	“	"	PUNCT
cjel-11734	47	6	esg	esg	PROPN
cjel-11734	47	7	”	"	PUNCT
cjel-11734	47	8	will	will	AUX
cjel-11734	47	9	be	be	AUX
cjel-11734	47	10	used	use	VERB
cjel-11734	47	11	as	as	ADP
cjel-11734	47	12	a	a	DET
cjel-11734	47	13	general	general	ADJ
cjel-11734	47	14	term	term	NOUN
cjel-11734	47	15	to	to	PART
cjel-11734	47	16	include	include	VERB
cjel-11734	47	17	the	the	DET
cjel-11734	47	18	many	many	ADJ
cjel-11734	47	19	other	other	ADJ
cjel-11734	47	20	terms	term	NOUN
cjel-11734	47	21	that	that	PRON
cjel-11734	47	22	address	address	VERB
cjel-11734	47	23	similar	similar	ADJ
cjel-11734	47	24	concepts	concept	NOUN
cjel-11734	47	25	,	,	PUNCT
cjel-11734	47	26	such	such	ADJ
cjel-11734	47	27	as	as	ADP
cjel-11734	47	28	“	"	PUNCT
cjel-11734	47	29	socially	socially	ADV
cjel-11734	47	30	responsible	responsible	ADJ
cjel-11734	47	31	,	,	PUNCT
cjel-11734	47	32	”	"	PUNCT
cjel-11734	47	33	“	"	PUNCT
cjel-11734	47	34	sustainable	sustainable	ADJ
cjel-11734	47	35	,	,	PUNCT
cjel-11734	47	36	”	"	PUNCT
cjel-11734	47	37	“	"	PUNCT
cjel-11734	47	38	responsible	responsible	ADJ
cjel-11734	47	39	,	,	PUNCT
cjel-11734	47	40	”	"	PUNCT
cjel-11734	47	41	and	and	CCONJ
cjel-11734	47	42	“	"	PUNCT
cjel-11734	47	43	green	green	ADJ
cjel-11734	47	44	.	.	PUNCT
cjel-11734	47	45	”	"	PUNCT
cjel-11734	48	1	2	2	NUM
cjel-11734	48	2	.	.	X
cjel-11734	48	3	cf	cf	NOUN
cjel-11734	48	4	.	.	PUNCT
cjel-11734	49	1	gary	gary	PROPN
cjel-11734	49	2	gensler	gensler	PROPN
cjel-11734	49	3	,	,	PUNCT
cjel-11734	49	4	chairman	chairman	NOUN
cjel-11734	49	5	,	,	PUNCT
cjel-11734	49	6	sec	sec	PROPN
cjel-11734	49	7	,	,	PUNCT
cjel-11734	49	8	prepared	prepared	ADJ
cjel-11734	49	9	remarks	remark	NOUN
cjel-11734	49	10	before	before	ADP
cjel-11734	49	11	the	the	DET
cjel-11734	49	12	asset	asset	NOUN
cjel-11734	49	13	management	management	NOUN
cjel-11734	49	14	advisory	advisory	PROPN
cjel-11734	49	15	committee	committee	NOUN
cjel-11734	49	16	(	(	PUNCT
cjel-11734	49	17	july	july	PROPN
cjel-11734	49	18	7	7	NUM
cjel-11734	49	19	,	,	PUNCT
cjel-11734	49	20	2021	2021	NUM
cjel-11734	49	21	)	)	PUNCT
cjel-11734	49	22	(	(	PUNCT
cjel-11734	49	23	making	make	VERB
cjel-11734	49	24	a	a	DET
cjel-11734	49	25	similar	similar	ADJ
cjel-11734	49	26	analogy	analogy	NOUN
cjel-11734	49	27	between	between	ADP
cjel-11734	49	28	esg	esg	PROPN
cjel-11734	49	29	terminology	terminology	NOUN
cjel-11734	49	30	and	and	CCONJ
cjel-11734	49	31	different	different	ADJ
cjel-11734	49	32	types	type	NOUN
cjel-11734	49	33	of	of	ADP
cjel-11734	49	34	milk	milk	NOUN
cjel-11734	49	35	)	)	PUNCT
cjel-11734	49	36	.	.	PUNCT
cjel-11734	50	1	3	3	X
cjel-11734	50	2	.	.	X
cjel-11734	50	3	rumi	rumi	PROPN
cjel-11734	50	4	mahmood	mahmood	PROPN
cjel-11734	50	5	,	,	PUNCT
cjel-11734	50	6	msci	msci	PROPN
cjel-11734	50	7	esg	esg	PROPN
cjel-11734	50	8	research	research	PROPN
cjel-11734	50	9	llc	llc	PROPN
cjel-11734	50	10	,	,	PUNCT
cjel-11734	50	11	the	the	DET
cjel-11734	50	12	top	top	ADJ
cjel-11734	50	13	20	20	NUM
cjel-11734	50	14	largest	large	ADJ
cjel-11734	50	15	esg	esg	NOUN
cjel-11734	50	16	funds	fund	NOUN
cjel-11734	50	17	–	–	PUNCT
cjel-11734	50	18	under	under	ADP
cjel-11734	50	19	the	the	DET
cjel-11734	50	20	hood	hood	NOUN
cjel-11734	50	21	11	11	NUM
cjel-11734	50	22	(	(	PUNCT
cjel-11734	50	23	2021	2021	NUM
cjel-11734	50	24	)	)	PUNCT
cjel-11734	50	25	.	.	PUNCT
cjel-11734	51	1	the	the	DET
cjel-11734	51	2	report	report	NOUN
cjel-11734	51	3	noted	note	VERB
cjel-11734	51	4	that	that	SCONJ
cjel-11734	51	5	the	the	DET
cjel-11734	51	6	former	former	ADJ
cjel-11734	51	7	fund	fund	NOUN
cjel-11734	51	8	has	have	VERB
cjel-11734	51	9	2.15	2.15	NUM
cjel-11734	51	10	%	%	NOUN
cjel-11734	51	11	of	of	ADP
cjel-11734	51	12	its	its	PRON
cjel-11734	51	13	assets	asset	NOUN
cjel-11734	51	14	allocated	allocate	VERB
cjel-11734	51	15	to	to	ADP
cjel-11734	51	16	energy	energy	NOUN
cjel-11734	51	17	,	,	PUNCT
cjel-11734	51	18	whereas	whereas	SCONJ
cjel-11734	51	19	the	the	DET
cjel-11734	51	20	latter	latter	ADJ
cjel-11734	51	21	had	have	VERB
cjel-11734	51	22	0.72	0.72	NUM
cjel-11734	51	23	%	%	NOUN
cjel-11734	51	24	.	.	PUNCT
cjel-11734	52	1	i	i	PRON
cjel-11734	52	2	d.	d.	PROPN
cjel-11734	52	3	4	4	NUM
cjel-11734	52	4	.	.	PUNCT
cjel-11734	53	1	the	the	DET
cjel-11734	53	2	sec	sec	PROPN
cjel-11734	53	3	defines	define	VERB
cjel-11734	53	4	a	a	DET
cjel-11734	53	5	“	"	PUNCT
cjel-11734	53	6	retail	retail	ADJ
cjel-11734	53	7	investor	investor	NOUN
cjel-11734	53	8	”	"	PUNCT
cjel-11734	53	9	as	as	ADP
cjel-11734	53	10	“	"	PUNCT
cjel-11734	53	11	a	a	DET
cjel-11734	53	12	natural	natural	ADJ
cjel-11734	53	13	person	person	NOUN
cjel-11734	53	14	.	.	PUNCT
cjel-11734	53	15	.	.	PUNCT
cjel-11734	53	16	.	.	PUNCT
cjel-11734	54	1	who	who	PRON
cjel-11734	54	2	seeks	seek	VERB
cjel-11734	54	3	to	to	PART
cjel-11734	54	4	receive	receive	VERB
cjel-11734	54	5	or	or	CCONJ
cjel-11734	54	6	receives	receive	VERB
cjel-11734	54	7	services	service	NOUN
cjel-11734	54	8	primarily	primarily	ADV
cjel-11734	54	9	for	for	ADP
cjel-11734	54	10	personal	personal	ADJ
cjel-11734	54	11	,	,	PUNCT
cjel-11734	54	12	family	family	NOUN
cjel-11734	54	13	or	or	CCONJ
cjel-11734	54	14	household	household	NOUN
cjel-11734	54	15	purposes	purpose	NOUN
cjel-11734	54	16	.	.	PUNCT
cjel-11734	54	17	”	"	PUNCT
cjel-11734	55	1	form	form	PROPN
cjel-11734	55	2	crs	crs	PROPN
cjel-11734	55	3	relationship	relationship	NOUN
cjel-11734	55	4	summary	summary	NOUN
cjel-11734	55	5	;	;	PUNCT
cjel-11734	55	6	amendments	amendment	NOUN
cjel-11734	55	7	to	to	PART
cjel-11734	55	8	form	form	VERB
cjel-11734	55	9	adv	adv	PRON
cjel-11734	55	10	,	,	PUNCT
cjel-11734	55	11	84	84	NUM
cjel-11734	55	12	fed	feed	VERB
cjel-11734	55	13	.	.	PUNCT
cjel-11734	56	1	reg	reg	PROPN
cjel-11734	56	2	.	.	PROPN
cjel-11734	57	1	33,492	33,492	NUM
cjel-11734	57	2	(	(	PUNCT
cjel-11734	57	3	july	july	PROPN
cjel-11734	57	4	12	12	NUM
cjel-11734	57	5	,	,	PUNCT
cjel-11734	57	6	2019	2019	NUM
cjel-11734	57	7	)	)	PUNCT
cjel-11734	57	8	(	(	PUNCT
cjel-11734	57	9	to	to	PART
cjel-11734	57	10	be	be	AUX
cjel-11734	57	11	codified	codify	VERB
cjel-11734	57	12	at	at	ADP
cjel-11734	57	13	17	17	NUM
cjel-11734	57	14	c.f.r	c.f.r	NOUN
cjel-11734	57	15	.	.	PUNCT
cjel-11734	58	1	pts	pts	PROPN
cjel-11734	58	2	.	.	PROPN
cjel-11734	58	3	200	200	NUM
cjel-11734	58	4	,	,	PUNCT
cjel-11734	58	5	240	240	NUM
cjel-11734	58	6	,	,	PUNCT
cjel-11734	58	7	249	249	NUM
cjel-11734	58	8	,	,	PUNCT
cjel-11734	58	9	275	275	NUM
cjel-11734	58	10	,	,	PUNCT
cjel-11734	58	11	and	and	CCONJ
cjel-11734	58	12	279	279	NUM
cjel-11734	58	13	)	)	PUNCT
cjel-11734	58	14	.	.	PUNCT
cjel-11734	59	1	notably	notably	ADV
cjel-11734	59	2	,	,	PUNCT
cjel-11734	59	3	this	this	DET
cjel-11734	59	4	definition	definition	NOUN
cjel-11734	59	5	includes	include	VERB
cjel-11734	59	6	both	both	CCONJ
cjel-11734	59	7	current	current	ADJ
cjel-11734	59	8	and	and	CCONJ
cjel-11734	59	9	prospective	prospective	ADJ
cjel-11734	59	10	investors	investor	NOUN
cjel-11734	59	11	because	because	SCONJ
cjel-11734	59	12	the	the	DET
cjel-11734	59	13	sec	sec	PROPN
cjel-11734	59	14	“	"	PUNCT
cjel-11734	59	15	thought	think	VERB
cjel-11734	59	16	it	it	PRON
cjel-11734	59	17	would	would	AUX
cjel-11734	59	18	be	be	AUX
cjel-11734	59	19	beneficial	beneficial	ADJ
cjel-11734	59	20	for	for	ADP
cjel-11734	59	21	all	all	DET
cjel-11734	59	22	natural	natural	ADJ
cjel-11734	59	23	persons	person	NOUN
cjel-11734	59	24	to	to	PART
cjel-11734	59	25	receive	receive	VERB
cjel-11734	59	26	information	information	NOUN
cjel-11734	59	27	to	to	PART
cjel-11734	59	28	facilitate	facilitate	VERB
cjel-11734	59	29	their	their	PRON
cjel-11734	59	30	account	account	NOUN
cjel-11734	59	31	choices	choice	NOUN
cjel-11734	59	32	.	.	PUNCT
cjel-11734	59	33	”	"	PUNCT
cjel-11734	60	1	i	i	PRON
cjel-11734	60	2	d.	d.	VERB
cjel-11734	60	3	at	at	ADP
cjel-11734	60	4	33,542	33,542	NUM
cjel-11734	60	5	.	.	PUNCT
cjel-11734	61	1	applying	apply	VERB
cjel-11734	61	2	this	this	DET
cjel-11734	61	3	philosophy	philosophy	NOUN
cjel-11734	61	4	in	in	ADP
cjel-11734	61	5	the	the	DET
cjel-11734	61	6	context	context	NOUN
cjel-11734	61	7	of	of	ADP
cjel-11734	61	8	this	this	DET
cjel-11734	61	9	note	note	NOUN
cjel-11734	61	10	,	,	PUNCT
cjel-11734	61	11	any	any	DET
cjel-11734	61	12	esg	esg	PROPN
cjel-11734	61	13	-	-	PUNCT
cjel-11734	61	14	related	relate	VERB
cjel-11734	61	15	regulatory	regulatory	ADJ
cjel-11734	61	16	action	action	NOUN
cjel-11734	61	17	analyzed	analyze	VERB
cjel-11734	61	18	or	or	CCONJ
cjel-11734	61	19	proposed	propose	VERB
cjel-11734	61	20	should	should	AUX
cjel-11734	61	21	facilitate	facilitate	VERB
cjel-11734	61	22	both	both	DET
cjel-11734	61	23	current	current	ADJ
cjel-11734	61	24	and	and	CCONJ
cjel-11734	61	25	prospective	prospective	ADJ
cjel-11734	61	26	investors	investor	NOUN
cjel-11734	61	27	’	’	PART
cjel-11734	61	28	understanding	understanding	NOUN
cjel-11734	61	29	of	of	ADP
cjel-11734	61	30	investment	investment	NOUN
cjel-11734	61	31	products	product	NOUN
cjel-11734	61	32	.	.	PUNCT
cjel-11734	62	1	2023	2023	NUM
cjel-11734	62	2	]	]	PUNCT
cjel-11734	62	3	green	green	ADJ
cjel-11734	62	4	funds	fund	NOUN
cjel-11734	62	5	in	in	ADP
cjel-11734	62	6	a	a	DET
cjel-11734	62	7	gray	gray	ADJ
cjel-11734	62	8	area	area	NOUN
cjel-11734	62	9	419	419	NUM
cjel-11734	62	10	composed	compose	VERB
cjel-11734	62	11	of	of	ADP
cjel-11734	62	12	mutual	mutual	ADJ
cjel-11734	62	13	funds5	funds5	NOUN
cjel-11734	62	14	and	and	CCONJ
cjel-11734	62	15	exchange	exchange	NOUN
cjel-11734	62	16	-	-	PUNCT
cjel-11734	62	17	traded	trade	VERB
cjel-11734	62	18	funds	fund	NOUN
cjel-11734	62	19	(	(	PUNCT
cjel-11734	62	20	etfs).6	etfs).6	VERB
cjel-11734	62	21	not	not	PART
cjel-11734	62	22	only	only	ADV
cjel-11734	62	23	is	be	AUX
cjel-11734	62	24	it	it	PRON
cjel-11734	62	25	challenging	challenging	ADJ
cjel-11734	62	26	for	for	SCONJ
cjel-11734	62	27	investors	investor	NOUN
cjel-11734	62	28	to	to	PART
cjel-11734	62	29	compare	compare	VERB
cjel-11734	62	30	funds	fund	NOUN
cjel-11734	62	31	to	to	ADP
cjel-11734	62	32	each	each	DET
cjel-11734	62	33	other	other	ADJ
cjel-11734	62	34	or	or	CCONJ
cjel-11734	62	35	easily	easily	ADV
cjel-11734	62	36	match	match	VERB
cjel-11734	62	37	their	their	PRON
cjel-11734	62	38	investing	investing	NOUN
cjel-11734	62	39	goals	goal	NOUN
cjel-11734	62	40	with	with	ADP
cjel-11734	62	41	a	a	DET
cjel-11734	62	42	fund	fund	NOUN
cjel-11734	62	43	’s	’s	PART
cjel-11734	62	44	objectives	objective	NOUN
cjel-11734	62	45	—	—	PUNCT
cjel-11734	62	46	given	give	VERB
cjel-11734	62	47	,	,	PUNCT
cjel-11734	62	48	among	among	ADP
cjel-11734	62	49	other	other	ADJ
cjel-11734	62	50	issues	issue	NOUN
cjel-11734	62	51	,	,	PUNCT
cjel-11734	62	52	the	the	DET
cjel-11734	62	53	lack	lack	NOUN
cjel-11734	62	54	of	of	ADP
cjel-11734	62	55	standardized	standardized	ADJ
cjel-11734	62	56	industry	industry	NOUN
cjel-11734	62	57	terminology	terminology	NOUN
cjel-11734	62	58	,	,	PUNCT
cjel-11734	62	59	wide	wide	ADV
cjel-11734	62	60	-	-	PUNCT
cjel-11734	62	61	ranging	range	VERB
cjel-11734	62	62	esg	esg	NOUN
cjel-11734	62	63	investment	investment	NOUN
cjel-11734	62	64	objectives	objective	NOUN
cjel-11734	62	65	and	and	CCONJ
cjel-11734	62	66	strategies,7	strategies,7	VERB
cjel-11734	62	67	and	and	CCONJ
cjel-11734	62	68	lengthy	lengthy	ADJ
cjel-11734	62	69	and	and	CCONJ
cjel-11734	62	70	confusing	confusing	ADJ
cjel-11734	62	71	disclosures	disclosure	NOUN
cjel-11734	62	72	.	.	PUNCT
cjel-11734	63	1	moreover	moreover	ADV
cjel-11734	63	2	,	,	PUNCT
cjel-11734	63	3	esg	esg	PROPN
cjel-11734	63	4	funds	fund	NOUN
cjel-11734	63	5	are	be	AUX
cjel-11734	63	6	also	also	ADV
cjel-11734	63	7	significantly	significantly	ADV
cjel-11734	63	8	costlier	costly	ADJ
cjel-11734	63	9	than	than	ADP
cjel-11734	63	10	traditional	traditional	ADJ
cjel-11734	63	11	alternatives	alternative	NOUN
cjel-11734	63	12	(	(	PUNCT
cjel-11734	63	13	typically	typically	ADV
cjel-11734	63	14	40	40	NUM
cjel-11734	63	15	%	%	NOUN
cjel-11734	63	16	more	more	ADV
cjel-11734	63	17	expensive	expensive	ADJ
cjel-11734	63	18	)	)	PUNCT
cjel-11734	63	19	,	,	PUNCT
cjel-11734	63	20	meaning	mean	VERB
cjel-11734	63	21	investors	investor	NOUN
cjel-11734	63	22	are	be	AUX
cjel-11734	63	23	often	often	ADV
cjel-11734	63	24	subjecting	subject	VERB
cjel-11734	63	25	themselves	themselves	PRON
cjel-11734	63	26	to	to	ADP
cjel-11734	63	27	higher	high	ADJ
cjel-11734	63	28	fees	fee	NOUN
cjel-11734	63	29	for	for	ADP
cjel-11734	63	30	esg	esg	NOUN
cjel-11734	63	31	funds	fund	NOUN
cjel-11734	63	32	that	that	PRON
cjel-11734	63	33	“	"	PUNCT
cjel-11734	63	34	often	often	ADV
cjel-11734	63	35	closely	closely	ADV
cjel-11734	63	36	mirror	mirror	VERB
cjel-11734	63	37	‘	'	PUNCT
cjel-11734	63	38	vanilla	vanilla	NOUN
cjel-11734	63	39	’	'	PUNCT
cjel-11734	63	40	funds	fund	NOUN
cjel-11734	63	41	.	.	PUNCT
cjel-11734	63	42	”8	”8	PUNCT
cjel-11734	64	1	based	base	VERB
cjel-11734	64	2	on	on	ADP
cjel-11734	64	3	these	these	DET
cjel-11734	64	4	unclear	unclear	ADJ
cjel-11734	64	5	names	name	NOUN
cjel-11734	64	6	and	and	CCONJ
cjel-11734	64	7	descriptions	description	NOUN
cjel-11734	64	8	,	,	PUNCT
cjel-11734	64	9	investors	investor	NOUN
cjel-11734	64	10	are	be	AUX
cjel-11734	64	11	left	leave	VERB
cjel-11734	64	12	to	to	PART
cjel-11734	64	13	make	make	VERB
cjel-11734	64	14	a	a	DET
cjel-11734	64	15	difficult	difficult	ADJ
cjel-11734	64	16	decision	decision	NOUN
cjel-11734	64	17	.	.	PUNCT
cjel-11734	65	1	often	often	ADV
cjel-11734	65	2	,	,	PUNCT
cjel-11734	65	3	it	it	PRON
cjel-11734	65	4	is	be	AUX
cjel-11734	65	5	unclear	unclear	ADJ
cjel-11734	65	6	whether	whether	SCONJ
cjel-11734	65	7	the	the	DET
cjel-11734	65	8	fund	fund	NOUN
cjel-11734	65	9	they	they	PRON
cjel-11734	65	10	chose	choose	VERB
cjel-11734	65	11	fits	fit	VERB
cjel-11734	65	12	their	their	PRON
cjel-11734	65	13	investing	investing	NOUN
cjel-11734	65	14	objectives	objective	NOUN
cjel-11734	65	15	,	,	PUNCT
cjel-11734	65	16	or	or	CCONJ
cjel-11734	65	17	if	if	SCONJ
cjel-11734	65	18	they	they	PRON
cjel-11734	65	19	ended	end	VERB
cjel-11734	65	20	up	up	ADP
cjel-11734	65	21	paying	pay	VERB
cjel-11734	65	22	more	more	ADJ
cjel-11734	65	23	for	for	ADP
cjel-11734	65	24	a	a	DET
cjel-11734	65	25	better	well	ADV
cjel-11734	65	26	-	-	PUNCT
cjel-11734	65	27	looking	look	VERB
cjel-11734	65	28	box	box	NOUN
cjel-11734	65	29	of	of	ADP
cjel-11734	65	30	“	"	PUNCT
cjel-11734	65	31	cereal	cereal	NOUN
cjel-11734	65	32	.	.	PUNCT
cjel-11734	65	33	”9	”9	PUNCT
cjel-11734	65	34	on	on	ADP
cjel-11734	65	35	a	a	DET
cjel-11734	65	36	more	more	ADV
cjel-11734	65	37	basic	basic	ADJ
cjel-11734	65	38	level	level	NOUN
cjel-11734	65	39	,	,	PUNCT
cjel-11734	65	40	there	there	PRON
cjel-11734	65	41	is	be	VERB
cjel-11734	65	42	no	no	DET
cjel-11734	65	43	general	general	ADJ
cjel-11734	65	44	consensus	consensus	NOUN
cjel-11734	65	45	on	on	ADP
cjel-11734	65	46	what	what	PRON
cjel-11734	65	47	being	be	AUX
cjel-11734	65	48	an	an	DET
cjel-11734	65	49	“	"	PUNCT
cjel-11734	65	50	esg	esg	PROPN
cjel-11734	65	51	fund	fund	NOUN
cjel-11734	65	52	”	"	PUNCT
cjel-11734	65	53	even	even	ADV
cjel-11734	65	54	means.10	means.10	NOUN
cjel-11734	65	55	for	for	ADP
cjel-11734	65	56	instance	instance	NOUN
cjel-11734	65	57	,	,	PUNCT
cjel-11734	65	58	in	in	ADP
cjel-11734	65	59	the	the	DET
cjel-11734	65	60	same	same	ADJ
cjel-11734	65	61	way	way	NOUN
cjel-11734	65	62	one	one	PRON
cjel-11734	65	63	would	would	AUX
cjel-11734	65	64	expect	expect	VERB
cjel-11734	65	65	a	a	DET
cjel-11734	65	66	“	"	PUNCT
cjel-11734	65	67	healthy	healthy	ADJ
cjel-11734	65	68	”	"	PUNCT
cjel-11734	65	69	cereal	cereal	NOUN
cjel-11734	65	70	to	to	PART
cjel-11734	65	71	be	be	AUX
cjel-11734	65	72	good	good	ADJ
cjel-11734	65	73	for	for	ADP
cjel-11734	65	74	you	you	PRON
cjel-11734	65	75	,	,	PUNCT
cjel-11734	65	76	an	an	DET
cjel-11734	65	77	investor	investor	NOUN
cjel-11734	65	78	might	might	AUX
cjel-11734	65	79	assume	assume	VERB
cjel-11734	65	80	that	that	SCONJ
cjel-11734	65	81	a	a	DET
cjel-11734	65	82	fund	fund	NOUN
cjel-11734	65	83	labeling	label	VERB
cjel-11734	65	84	itself	itself	PRON
cjel-11734	65	85	as	as	ADP
cjel-11734	65	86	an	an	DET
cjel-11734	65	87	esg	esg	NOUN
cjel-11734	65	88	fund	fund	NOUN
cjel-11734	65	89	would	would	AUX
cjel-11734	65	90	invest	invest	VERB
cjel-11734	65	91	in	in	ADP
cjel-11734	65	92	companies	company	NOUN
cjel-11734	65	93	5	5	NUM
cjel-11734	65	94	.	.	PUNCT
cjel-11734	66	1	the	the	DET
cjel-11734	66	2	sec	sec	PROPN
cjel-11734	66	3	defines	define	VERB
cjel-11734	66	4	a	a	DET
cjel-11734	66	5	mutual	mutual	ADJ
cjel-11734	66	6	fund	fund	NOUN
cjel-11734	66	7	as	as	ADP
cjel-11734	66	8	an	an	DET
cjel-11734	66	9	“	"	PUNCT
cjel-11734	66	10	open	open	ADJ
cjel-11734	66	11	-	-	PUNCT
cjel-11734	66	12	end	end	NOUN
cjel-11734	66	13	investment	investment	NOUN
cjel-11734	66	14	company	company	NOUN
cjel-11734	66	15	that	that	PRON
cjel-11734	66	16	pools	pool	VERB
cjel-11734	66	17	money	money	NOUN
cjel-11734	66	18	from	from	ADP
cjel-11734	66	19	many	many	ADJ
cjel-11734	66	20	investors	investor	NOUN
cjel-11734	66	21	and	and	CCONJ
cjel-11734	66	22	invests	invest	VERB
cjel-11734	66	23	the	the	DET
cjel-11734	66	24	money	money	NOUN
cjel-11734	66	25	in	in	ADP
cjel-11734	66	26	stocks	stock	NOUN
cjel-11734	66	27	,	,	PUNCT
cjel-11734	66	28	bonds	bond	NOUN
cjel-11734	66	29	,	,	PUNCT
cjel-11734	66	30	short	short	ADJ
cjel-11734	66	31	-	-	PUNCT
cjel-11734	66	32	term	term	NOUN
cjel-11734	66	33	money	money	NOUN
cjel-11734	66	34	-	-	PUNCT
cjel-11734	66	35	market	market	NOUN
cjel-11734	66	36	instruments	instrument	NOUN
cjel-11734	66	37	,	,	PUNCT
cjel-11734	66	38	other	other	ADJ
cjel-11734	66	39	securities	security	NOUN
cjel-11734	66	40	or	or	CCONJ
cjel-11734	66	41	assets	asset	NOUN
cjel-11734	66	42	,	,	PUNCT
cjel-11734	66	43	or	or	CCONJ
cjel-11734	66	44	some	some	DET
cjel-11734	66	45	combination	combination	NOUN
cjel-11734	66	46	of	of	ADP
cjel-11734	66	47	these	these	DET
cjel-11734	66	48	investments	investment	NOUN
cjel-11734	66	49	.	.	PUNCT
cjel-11734	66	50	”	"	PUNCT
cjel-11734	66	51	sec	sec	PROPN
cjel-11734	66	52	,	,	PUNCT
cjel-11734	66	53	sec	sec	PROPN
cjel-11734	66	54	pub	pub	NOUN
cjel-11734	66	55	.	.	PUNCT
cjel-11734	67	1	182	182	NUM
cjel-11734	67	2	(	(	PUNCT
cjel-11734	67	3	12/16	12/16	NUM
cjel-11734	67	4	)	)	PUNCT
cjel-11734	67	5	,	,	PUNCT
cjel-11734	67	6	mutual	mutual	ADJ
cjel-11734	67	7	funds	fund	NOUN
cjel-11734	67	8	and	and	CCONJ
cjel-11734	67	9	etfs	etfs	PROPN
cjel-11734	67	10	:	:	PUNCT
cjel-11734	67	11	a	a	DET
cjel-11734	67	12	guide	guide	NOUN
cjel-11734	67	13	for	for	ADP
cjel-11734	67	14	investors	investor	NOUN
cjel-11734	67	15	4	4	NUM
cjel-11734	67	16	(	(	PUNCT
cjel-11734	67	17	2019	2019	NUM
cjel-11734	67	18	)	)	PUNCT
cjel-11734	67	19	.	.	PUNCT
cjel-11734	68	1	6	6	X
cjel-11734	68	2	.	.	X
cjel-11734	68	3	etfs	etfs	PROPN
cjel-11734	68	4	“	"	PUNCT
cjel-11734	68	5	are	be	AUX
cjel-11734	68	6	sec	sec	PROPN
cjel-11734	68	7	-	-	PUNCT
cjel-11734	68	8	registered	register	VERB
cjel-11734	68	9	investment	investment	NOUN
cjel-11734	68	10	companies	company	NOUN
cjel-11734	68	11	that	that	PRON
cjel-11734	68	12	offer	offer	VERB
cjel-11734	68	13	investors	investor	NOUN
cjel-11734	68	14	a	a	DET
cjel-11734	68	15	way	way	NOUN
cjel-11734	68	16	to	to	PART
cjel-11734	68	17	pool	pool	VERB
cjel-11734	68	18	their	their	PRON
cjel-11734	68	19	money	money	NOUN
cjel-11734	68	20	in	in	ADP
cjel-11734	68	21	a	a	DET
cjel-11734	68	22	fund	fund	NOUN
cjel-11734	68	23	that	that	PRON
cjel-11734	68	24	makes	make	VERB
cjel-11734	68	25	investments	investment	NOUN
cjel-11734	68	26	in	in	ADP
cjel-11734	68	27	stocks	stock	NOUN
cjel-11734	68	28	,	,	PUNCT
cjel-11734	68	29	bonds	bond	NOUN
cjel-11734	68	30	,	,	PUNCT
cjel-11734	68	31	other	other	ADJ
cjel-11734	68	32	assets	asset	NOUN
cjel-11734	68	33	or	or	CCONJ
cjel-11734	68	34	some	some	DET
cjel-11734	68	35	combination	combination	NOUN
cjel-11734	68	36	of	of	ADP
cjel-11734	68	37	these	these	DET
cjel-11734	68	38	investments	investment	NOUN
cjel-11734	68	39	and	and	CCONJ
cjel-11734	68	40	,	,	PUNCT
cjel-11734	68	41	in	in	ADP
cjel-11734	68	42	return	return	NOUN
cjel-11734	68	43	,	,	PUNCT
cjel-11734	68	44	receive	receive	VERB
cjel-11734	68	45	an	an	DET
cjel-11734	68	46	interest	interest	NOUN
cjel-11734	68	47	in	in	ADP
cjel-11734	68	48	that	that	DET
cjel-11734	68	49	investment	investment	NOUN
cjel-11734	68	50	pool	pool	NOUN
cjel-11734	68	51	.	.	PUNCT
cjel-11734	68	52	”	"	PUNCT
cjel-11734	69	1	i	i	PRON
cjel-11734	69	2	d.	d.	VERB
cjel-11734	69	3	at	at	ADP
cjel-11734	69	4	6	6	NUM
cjel-11734	69	5	.	.	NOUN
cjel-11734	69	6	7	7	NUM
cjel-11734	69	7	.	.	PUNCT
cjel-11734	70	1	the	the	DET
cjel-11734	70	2	sec	sec	PROPN
cjel-11734	70	3	referenced	reference	VERB
cjel-11734	70	4	this	this	DET
cjel-11734	70	5	issue	issue	NOUN
cjel-11734	70	6	explicitly	explicitly	ADV
cjel-11734	70	7	as	as	ADP
cjel-11734	70	8	a	a	DET
cjel-11734	70	9	reason	reason	NOUN
cjel-11734	70	10	it	it	PRON
cjel-11734	70	11	provided	provide	VERB
cjel-11734	70	12	a	a	DET
cjel-11734	70	13	new	new	ADJ
cjel-11734	70	14	classification	classification	NOUN
cjel-11734	70	15	system	system	NOUN
cjel-11734	70	16	in	in	ADP
cjel-11734	70	17	its	its	PRON
cjel-11734	70	18	may	may	PROPN
cjel-11734	70	19	2022	2022	NUM
cjel-11734	70	20	proposed	propose	VERB
cjel-11734	70	21	rules	rule	NOUN
cjel-11734	70	22	.	.	PUNCT
cjel-11734	71	1	see	see	VERB
cjel-11734	71	2	enhanced	enhanced	ADJ
cjel-11734	71	3	disclosures	disclosure	NOUN
cjel-11734	71	4	by	by	ADP
cjel-11734	71	5	certain	certain	ADJ
cjel-11734	71	6	investment	investment	NOUN
cjel-11734	71	7	advisers	adviser	NOUN
cjel-11734	71	8	and	and	CCONJ
cjel-11734	71	9	investment	investment	NOUN
cjel-11734	71	10	companies	company	NOUN
cjel-11734	71	11	about	about	ADP
cjel-11734	71	12	environmental	environmental	ADJ
cjel-11734	71	13	,	,	PUNCT
cjel-11734	71	14	social	social	ADJ
cjel-11734	71	15	,	,	PUNCT
cjel-11734	71	16	and	and	CCONJ
cjel-11734	71	17	governance	governance	NOUN
cjel-11734	71	18	investment	investment	NOUN
cjel-11734	71	19	practices	practice	NOUN
cjel-11734	71	20	,	,	PUNCT
cjel-11734	71	21	87	87	NUM
cjel-11734	71	22	fed	fed	PROPN
cjel-11734	71	23	.	.	PUNCT
cjel-11734	72	1	reg	reg	PROPN
cjel-11734	72	2	.	.	PROPN
cjel-11734	72	3	36,654	36,654	NUM
cjel-11734	72	4	,	,	PUNCT
cjel-11734	72	5	36,657	36,657	NUM
cjel-11734	72	6	(	(	PUNCT
cjel-11734	72	7	proposed	propose	VERB
cjel-11734	72	8	june	june	PROPN
cjel-11734	72	9	17	17	NUM
cjel-11734	72	10	,	,	PUNCT
cjel-11734	72	11	2022	2022	NUM
cjel-11734	72	12	)	)	PUNCT
cjel-11734	72	13	(	(	PUNCT
cjel-11734	72	14	“	"	PUNCT
cjel-11734	72	15	esg	esg	NOUN
cjel-11734	72	16	is	be	AUX
cjel-11734	72	17	an	an	DET
cjel-11734	72	18	expansive	expansive	ADJ
cjel-11734	72	19	term	term	NOUN
cjel-11734	72	20	that	that	PRON
cjel-11734	72	21	incorporates	incorporate	VERB
cjel-11734	72	22	three	three	NUM
cjel-11734	72	23	broad	broad	ADJ
cjel-11734	72	24	categories	category	NOUN
cjel-11734	72	25	of	of	ADP
cjel-11734	72	26	interest	interest	NOUN
cjel-11734	72	27	for	for	ADP
cjel-11734	72	28	investors	investor	NOUN
cjel-11734	72	29	.	.	PUNCT
cjel-11734	72	30	.	.	PUNCT
cjel-11734	73	1	.	.	PUNCT
cjel-11734	74	1	which	which	PRON
cjel-11734	74	2	can	can	AUX
cjel-11734	74	3	pose	pose	VERB
cjel-11734	74	4	challenges	challenge	NOUN
cjel-11734	74	5	for	for	ADP
cjel-11734	74	6	investors	investor	NOUN
cjel-11734	74	7	choosing	choose	VERB
cjel-11734	74	8	among	among	ADP
cjel-11734	74	9	investment	investment	NOUN
cjel-11734	74	10	products	product	NOUN
cjel-11734	74	11	and	and	CCONJ
cjel-11734	74	12	services	service	NOUN
cjel-11734	74	13	.	.	PUNCT
cjel-11734	74	14	”	"	PUNCT
cjel-11734	74	15	)	)	PUNCT
cjel-11734	74	16	.	.	PUNCT
cjel-11734	75	1	8	8	X
cjel-11734	75	2	.	.	PUNCT
cjel-11734	75	3	kenneth	kenneth	PROPN
cjel-11734	75	4	p.	p.	PROPN
cjel-11734	75	5	pucker	pucker	PROPN
cjel-11734	75	6	&	&	CCONJ
cjel-11734	75	7	andrew	andrew	PROPN
cjel-11734	75	8	king	king	PROPN
cjel-11734	75	9	,	,	PUNCT
cjel-11734	75	10	esg	esg	PROPN
cjel-11734	75	11	investing	investing	NOUN
cjel-11734	75	12	is	be	AUX
cjel-11734	75	13	n’t	not	PART
cjel-11734	75	14	designed	design	VERB
cjel-11734	75	15	to	to	PART
cjel-11734	75	16	save	save	VERB
cjel-11734	75	17	the	the	DET
cjel-11734	75	18	planet	planet	NOUN
cjel-11734	75	19	,	,	PUNCT
cjel-11734	75	20	harv	harv	NOUN
cjel-11734	75	21	.	.	PUNCT
cjel-11734	76	1	bus	bus	NOUN
cjel-11734	76	2	.	.	PUNCT
cjel-11734	77	1	rev	rev	PROPN
cjel-11734	77	2	.	.	PROPN
cjel-11734	78	1	online	online	PROPN
cjel-11734	78	2	(	(	PUNCT
cjel-11734	78	3	aug	aug	PROPN
cjel-11734	78	4	.	.	PROPN
cjel-11734	78	5	1	1	NUM
cjel-11734	78	6	,	,	PUNCT
cjel-11734	78	7	2022	2022	NUM
cjel-11734	78	8	)	)	PUNCT
cjel-11734	78	9	,	,	PUNCT
cjel-11734	78	10	https://hbr.org/2022/08/esg-investing-isnt-designed-to-savethe-planet	https://hbr.org/2022/08/esg-investing-isnt-designed-to-savethe-planet	NOUN
cjel-11734	79	1	[	[	X
cjel-11734	79	2	https://perma.cc/er5u-nfyy	https://perma.cc/er5u-nfyy	X
cjel-11734	79	3	]	]	PUNCT
cjel-11734	79	4	.	.	PUNCT
cjel-11734	80	1	in	in	ADP
cjel-11734	80	2	this	this	DET
cjel-11734	80	3	context	context	NOUN
cjel-11734	80	4	,	,	PUNCT
cjel-11734	80	5	a	a	DET
cjel-11734	80	6	“	"	PUNCT
cjel-11734	80	7	vanilla	vanilla	NOUN
cjel-11734	80	8	”	"	PUNCT
cjel-11734	80	9	fund	fund	NOUN
cjel-11734	80	10	refers	refer	VERB
cjel-11734	80	11	to	to	ADP
cjel-11734	80	12	a	a	DET
cjel-11734	80	13	traditional	traditional	ADJ
cjel-11734	80	14	,	,	PUNCT
cjel-11734	80	15	less	less	ADV
cjel-11734	80	16	expensive	expensive	ADJ
cjel-11734	80	17	counterpart	counterpart	NOUN
cjel-11734	80	18	,	,	PUNCT
cjel-11734	80	19	like	like	ADP
cjel-11734	80	20	an	an	DET
cjel-11734	80	21	index	index	NOUN
cjel-11734	80	22	fund	fund	NOUN
cjel-11734	80	23	.	.	PUNCT
cjel-11734	81	1	9	9	X
cjel-11734	81	2	.	.	X
cjel-11734	81	3	for	for	ADP
cjel-11734	81	4	example	example	NOUN
cjel-11734	81	5	,	,	PUNCT
cjel-11734	81	6	in	in	ADP
cjel-11734	81	7	december	december	PROPN
cjel-11734	81	8	2021	2021	NUM
cjel-11734	81	9	,	,	PUNCT
cjel-11734	81	10	the	the	DET
cjel-11734	81	11	“	"	PUNCT
cjel-11734	81	12	overlap	overlap	NOUN
cjel-11734	81	13	between	between	ADP
cjel-11734	81	14	the	the	DET
cjel-11734	81	15	holdings	holding	NOUN
cjel-11734	81	16	in	in	ADP
cjel-11734	81	17	vanguard	vanguard	PROPN
cjel-11734	81	18	’s	’s	PART
cjel-11734	81	19	ftse	ftse	PROPN
cjel-11734	81	20	social	social	ADJ
cjel-11734	81	21	index	index	NOUN
cjel-11734	81	22	fund	fund	NOUN
cjel-11734	81	23	.	.	PUNCT
cjel-11734	81	24	.	.	PUNCT
cjel-11734	82	1	.	.	PUNCT
cjel-11734	83	1	and	and	CCONJ
cjel-11734	83	2	the	the	DET
cjel-11734	83	3	holdings	holding	NOUN
cjel-11734	83	4	in	in	ADP
cjel-11734	83	5	vanguard	vanguard	PROPN
cjel-11734	83	6	’s	’s	PART
cjel-11734	83	7	mega	mega	PROPN
cjel-11734	83	8	cap	cap	PROPN
cjel-11734	83	9	index	index	NOUN
cjel-11734	83	10	fund	fund	NOUN
cjel-11734	83	11	.	.	PUNCT
cjel-11734	83	12	.	.	PUNCT
cjel-11734	83	13	.	.	PUNCT
cjel-11734	83	14	was	be	AUX
cjel-11734	83	15	84	84	NUM
cjel-11734	83	16	percent	percent	NOUN
cjel-11734	83	17	.	.	PUNCT
cjel-11734	83	18	”	"	PUNCT
cjel-11734	84	1	malcom	malcom	PROPN
cjel-11734	84	2	baker	baker	PROPN
cjel-11734	84	3	et	et	PROPN
cjel-11734	84	4	al	al	PROPN
cjel-11734	84	5	.	.	PROPN
cjel-11734	84	6	,	,	PUNCT
cjel-11734	84	7	how	how	SCONJ
cjel-11734	84	8	do	do	AUX
cjel-11734	84	9	investors	investor	NOUN
cjel-11734	84	10	value	value	VERB
cjel-11734	84	11	esg	esg	PROPN
cjel-11734	84	12	?	?	PROPN
cjel-11734	84	13	1	1	NUM
cjel-11734	84	14	(	(	PUNCT
cjel-11734	84	15	2022	2022	NUM
cjel-11734	84	16	)	)	PUNCT
cjel-11734	84	17	.	.	PUNCT
cjel-11734	85	1	despite	despite	SCONJ
cjel-11734	85	2	this	this	DET
cjel-11734	85	3	overlap	overlap	NOUN
cjel-11734	85	4	,	,	PUNCT
cjel-11734	85	5	the	the	DET
cjel-11734	85	6	former	former	ADJ
cjel-11734	85	7	’s	’s	PART
cjel-11734	85	8	expense	expense	NOUN
cjel-11734	85	9	ratio	ratio	NOUN
cjel-11734	85	10	was	be	AUX
cjel-11734	85	11	twice	twice	DET
cjel-11734	85	12	the	the	DET
cjel-11734	85	13	latter	latter	ADJ
cjel-11734	85	14	’s	’s	PART
cjel-11734	85	15	(	(	PUNCT
cjel-11734	85	16	0.12	0.12	NUM
cjel-11734	85	17	%	%	NOUN
cjel-11734	85	18	and	and	CCONJ
cjel-11734	85	19	0.06	0.06	NUM
cjel-11734	85	20	%	%	NOUN
cjel-11734	85	21	respectively	respectively	ADV
cjel-11734	85	22	)	)	PUNCT
cjel-11734	85	23	.	.	PUNCT
cjel-11734	86	1	vftnx	vftnx	PROPN
cjel-11734	86	2	:	:	PUNCT
cjel-11734	86	3	vanguard	vanguard	PROPN
cjel-11734	86	4	ftse	ftse	PROPN
cjel-11734	86	5	social	social	PROPN
cjel-11734	86	6	index	index	NOUN
cjel-11734	86	7	fund	fund	NOUN
cjel-11734	86	8	institutional	institutional	ADJ
cjel-11734	86	9	shares	share	NOUN
cjel-11734	86	10	,	,	PUNCT
cjel-11734	86	11	vanguard	vanguard	NOUN
cjel-11734	86	12	,	,	PUNCT
cjel-11734	86	13	https://investor.vanguard.com/investmentproducts/mutual-funds/profile/vftnx	https://investor.vanguard.com/investmentproducts/mutual-funds/profile/vftnx	VERB
cjel-11734	86	14	(	(	PUNCT
cjel-11734	86	15	last	last	ADJ
cjel-11734	86	16	visited	visit	VERB
cjel-11734	86	17	apr	apr	NOUN
cjel-11734	86	18	.	.	PROPN
cjel-11734	87	1	14	14	NUM
cjel-11734	87	2	,	,	PUNCT
cjel-11734	87	3	2023)[https://perma.cc/3ngz8jhn	2023)[https://perma.cc/3ngz8jhn	NUM
cjel-11734	87	4	]	]	PUNCT
cjel-11734	87	5	.	.	PUNCT
cjel-11734	88	1	vmctx	vmctx	PROPN
cjel-11734	88	2	:	:	PUNCT
cjel-11734	89	1	vanguard	vanguard	PROPN
cjel-11734	89	2	mega	mega	PROPN
cjel-11734	89	3	cap	cap	PROPN
cjel-11734	89	4	index	index	PROPN
cjel-11734	89	5	fund	fund	PROPN
cjel-11734	89	6	institutional	institutional	ADJ
cjel-11734	89	7	shares	share	NOUN
cjel-11734	89	8	,	,	PUNCT
cjel-11734	89	9	vanguard	vanguard	NOUN
cjel-11734	89	10	,	,	PUNCT
cjel-11734	89	11	https://investor.vanguard.com/investment-products/mutual-funds/profile/vmctx	https://investor.vanguard.com/investment-products/mutual-funds/profile/vmctx	PROPN
cjel-11734	89	12	(	(	PUNCT
cjel-11734	89	13	last	last	ADJ
cjel-11734	89	14	visited	visit	VERB
cjel-11734	89	15	apr	apr	NOUN
cjel-11734	89	16	.	.	PROPN
cjel-11734	89	17	14	14	NUM
cjel-11734	89	18	,	,	PUNCT
cjel-11734	89	19	2023	2023	NUM
cjel-11734	89	20	)	)	PUNCT
cjel-11734	90	1	[	[	X
cjel-11734	90	2	https://perma.cc/88tb-xhzc	https://perma.cc/88tb-xhzc	X
cjel-11734	90	3	]	]	X
cjel-11734	90	4	.	.	PUNCT
cjel-11734	91	1	10	10	NUM
cjel-11734	91	2	.	.	PUNCT
cjel-11734	92	1	“	"	PUNCT
cjel-11734	92	2	the	the	DET
cjel-11734	92	3	cumulative	cumulative	ADJ
cjel-11734	92	4	breadth	breadth	NOUN
cjel-11734	92	5	of	of	ADP
cjel-11734	92	6	possible	possible	ADJ
cjel-11734	92	7	esg	esg	PROPN
cjel-11734	92	8	considerations	consideration	NOUN
cjel-11734	92	9	is	be	AUX
cjel-11734	92	10	spectacular	spectacular	ADJ
cjel-11734	92	11	,	,	PUNCT
cjel-11734	92	12	and	and	CCONJ
cjel-11734	92	13	the	the	DET
cjel-11734	92	14	level	level	NOUN
cjel-11734	92	15	of	of	ADP
cjel-11734	92	16	resulting	result	VERB
cjel-11734	92	17	subjectivity	subjectivity	NOUN
cjel-11734	92	18	this	this	PRON
cjel-11734	92	19	entails	entail	VERB
cjel-11734	92	20	for	for	ADP
cjel-11734	92	21	an	an	DET
cjel-11734	92	22	asset	asset	NOUN
cjel-11734	92	23	manager	manager	NOUN
cjel-11734	92	24	or	or	CCONJ
cjel-11734	92	25	commercial	commercial	ADJ
cjel-11734	92	26	index	index	NOUN
cjel-11734	92	27	provider	provider	NOUN
cjel-11734	92	28	in	in	ADP
cjel-11734	92	29	choosing	choose	VERB
cjel-11734	92	30	constituent	constituent	NOUN
cjel-11734	92	31	portfolio	portfolio	NOUN
cjel-11734	92	32	companies	company	NOUN
cjel-11734	92	33	for	for	ADP
cjel-11734	92	34	an	an	DET
cjel-11734	92	35	etf	etf	NOUN
cjel-11734	92	36	index	index	NOUN
cjel-11734	92	37	is	be	AUX
cjel-11734	92	38	tremendous	tremendous	ADJ
cjel-11734	92	39	.	.	PUNCT
cjel-11734	92	40	”	"	PUNCT
cjel-11734	93	1	ryan	ryan	PROPN
cjel-11734	93	2	clements	clements	PROPN
cjel-11734	93	3	,	,	PUNCT
cjel-11734	93	4	why	why	SCONJ
cjel-11734	93	5	comparability	comparability	NOUN
cjel-11734	93	6	is	be	AUX
cjel-11734	93	7	a	a	DET
cjel-11734	93	8	greater	great	ADJ
cjel-11734	93	9	problem	problem	NOUN
cjel-11734	93	10	than	than	ADP
cjel-11734	93	11	greenwashing	greenwashe	VERB
cjel-11734	93	12	in	in	ADP
cjel-11734	93	13	esg	esg	PROPN
cjel-11734	93	14	etfs	etfs	PROPN
cjel-11734	93	15	,	,	PUNCT
cjel-11734	93	16	13	13	NUM
cjel-11734	93	17	wm	wm	PROPN
cjel-11734	93	18	.	.	PROPN
cjel-11734	93	19	&	&	CCONJ
cjel-11734	93	20	mary	mary	PROPN
cjel-11734	93	21	bus	bus	PROPN
cjel-11734	93	22	.	.	PUNCT
cjel-11734	94	1	l.	l.	PROPN
cjel-11734	94	2	rev	rev	PROPN
cjel-11734	94	3	.	.	PROPN
cjel-11734	94	4	441	441	NUM
cjel-11734	94	5	,	,	PUNCT
cjel-11734	94	6	449	449	NUM
cjel-11734	94	7	(	(	PUNCT
cjel-11734	94	8	2022	2022	NUM
cjel-11734	94	9	)	)	PUNCT
cjel-11734	94	10	.	.	PUNCT
cjel-11734	95	1	420	420	NUM
cjel-11734	95	2	columbia	columbia	PROPN
cjel-11734	95	3	journal	journal	PROPN
cjel-11734	95	4	of	of	ADP
cjel-11734	95	5	environmental	environmental	ADJ
cjel-11734	95	6	law	law	NOUN
cjel-11734	96	1	[	[	X
cjel-11734	96	2	vol.48:2	vol.48:2	NOUN
cjel-11734	96	3	with	with	ADP
cjel-11734	96	4	stronger	strong	ADJ
cjel-11734	96	5	climate	climate	NOUN
cjel-11734	96	6	records	record	NOUN
cjel-11734	96	7	;	;	PUNCT
cjel-11734	96	8	however	however	ADV
cjel-11734	96	9	,	,	PUNCT
cjel-11734	96	10	this	this	DET
cjel-11734	96	11	often	often	ADV
cjel-11734	96	12	not	not	PART
cjel-11734	96	13	the	the	DET
cjel-11734	96	14	case.11	case.11	PROPN
cjel-11734	96	15	in	in	ADP
cjel-11734	96	16	fact	fact	NOUN
cjel-11734	96	17	,	,	PUNCT
cjel-11734	96	18	there	there	PRON
cjel-11734	96	19	is	be	VERB
cjel-11734	96	20	mounting	mount	VERB
cjel-11734	96	21	evidence	evidence	NOUN
cjel-11734	96	22	that	that	SCONJ
cjel-11734	96	23	esg	esg	PROPN
cjel-11734	96	24	funds	fund	NOUN
cjel-11734	96	25	are	be	AUX
cjel-11734	96	26	not	not	PART
cjel-11734	96	27	delivering	deliver	VERB
cjel-11734	96	28	on	on	ADP
cjel-11734	96	29	their	their	PRON
cjel-11734	96	30	stated	state	VERB
cjel-11734	96	31	esg	esg	PROPN
cjel-11734	96	32	objectives.12	objectives.12	NOUN
cjel-11734	96	33	not	not	PART
cjel-11734	96	34	only	only	ADV
cjel-11734	96	35	are	be	AUX
cjel-11734	96	36	90	90	NUM
cjel-11734	96	37	%	%	NOUN
cjel-11734	96	38	of	of	ADP
cjel-11734	96	39	stocks	stock	NOUN
cjel-11734	96	40	in	in	ADP
cjel-11734	96	41	the	the	DET
cjel-11734	96	42	s&p	s&p	PROPN
cjel-11734	96	43	500	500	NUM
cjel-11734	96	44	eligible	eligible	ADJ
cjel-11734	96	45	for	for	ADP
cjel-11734	96	46	inclusion	inclusion	NOUN
cjel-11734	96	47	in	in	ADP
cjel-11734	96	48	esg	esg	PROPN
cjel-11734	96	49	funds,13	funds,13	PROPN
cjel-11734	96	50	but	but	CCONJ
cjel-11734	96	51	fund	fund	NOUN
cjel-11734	96	52	managers	manager	NOUN
cjel-11734	96	53	do	do	AUX
cjel-11734	96	54	not	not	PART
cjel-11734	96	55	design	design	VERB
cjel-11734	96	56	esg	esg	NOUN
cjel-11734	96	57	funds	fund	NOUN
cjel-11734	96	58	to	to	PART
cjel-11734	96	59	champion	champion	VERB
cjel-11734	96	60	esg	esg	PROPN
cjel-11734	96	61	issues	issue	NOUN
cjel-11734	96	62	.	.	PUNCT
cjel-11734	97	1	for	for	ADP
cjel-11734	97	2	example	example	NOUN
cjel-11734	97	3	,	,	PUNCT
cjel-11734	97	4	blackrock	blackrock	PROPN
cjel-11734	97	5	’s	’s	PART
cjel-11734	97	6	ishares	ishares	PROPN
cjel-11734	97	7	esg	esg	PROPN
cjel-11734	97	8	aware	aware	ADJ
cjel-11734	97	9	msci	msci	PROPN
cjel-11734	97	10	usa	usa	PROPN
cjel-11734	97	11	index	index	PROPN
cjel-11734	97	12	fund	fund	PROPN
cjel-11734	97	13	,	,	PUNCT
cjel-11734	97	14	the	the	DET
cjel-11734	97	15	largest	large	ADJ
cjel-11734	97	16	esg	esg	PROPN
cjel-11734	97	17	etf	etf	NOUN
cjel-11734	97	18	,	,	PUNCT
cjel-11734	97	19	was	be	AUX
cjel-11734	97	20	more	more	ADV
cjel-11734	97	21	heavily	heavily	ADV
cjel-11734	97	22	invested	invest	VERB
cjel-11734	97	23	in	in	ADP
cjel-11734	97	24	twelve	twelve	NUM
cjel-11734	97	25	fossil	fossil	NOUN
cjel-11734	97	26	fuel	fuel	NOUN
cjel-11734	97	27	stocks	stock	NOUN
cjel-11734	97	28	than	than	ADP
cjel-11734	97	29	the	the	DET
cjel-11734	97	30	actual	actual	ADJ
cjel-11734	97	31	s&p	s&p	PROPN
cjel-11734	97	32	500;14	500;14	NUM
cjel-11734	97	33	in	in	ADP
cjel-11734	97	34	response	response	NOUN
cjel-11734	97	35	to	to	ADP
cjel-11734	97	36	public	public	ADJ
cjel-11734	97	37	scrutiny	scrutiny	NOUN
cjel-11734	97	38	,	,	PUNCT
cjel-11734	97	39	blackrock	blackrock	PROPN
cjel-11734	97	40	said	say	VERB
cjel-11734	97	41	the	the	DET
cjel-11734	97	42	fund	fund	NOUN
cjel-11734	97	43	is	be	AUX
cjel-11734	97	44	not	not	PART
cjel-11734	97	45	intended	intend	VERB
cjel-11734	97	46	to	to	PART
cjel-11734	97	47	offer	offer	VERB
cjel-11734	97	48	investors	investor	NOUN
cjel-11734	97	49	the	the	DET
cjel-11734	97	50	top	top	ADJ
cjel-11734	97	51	scoring	scoring	NOUN
cjel-11734	97	52	esg	esg	PROPN
cjel-11734	97	53	companies.15	companies.15	PROPN
cjel-11734	97	54	another	another	DET
cjel-11734	97	55	esg	esg	PROPN
cjel-11734	97	56	fund	fund	PROPN
cjel-11734	97	57	’s	’s	PART
cjel-11734	97	58	largest	large	ADJ
cjel-11734	97	59	and	and	CCONJ
cjel-11734	97	60	third	third	ADV
cjel-11734	97	61	largest	large	ADJ
cjel-11734	97	62	holdings	holding	NOUN
cjel-11734	97	63	were	be	AUX
cjel-11734	97	64	exxonmobil	exxonmobil	PROPN
cjel-11734	97	65	and	and	CCONJ
cjel-11734	97	66	chevron.16	chevron.16	PROPN
cjel-11734	97	67	the	the	DET
cjel-11734	97	68	problem	problem	NOUN
cjel-11734	97	69	goes	go	VERB
cjel-11734	97	70	beyond	beyond	ADP
cjel-11734	97	71	the	the	DET
cjel-11734	97	72	fund	fund	NOUN
cjel-11734	97	73	managers	manager	NOUN
cjel-11734	97	74	themselves	themselves	PRON
cjel-11734	97	75	and	and	CCONJ
cjel-11734	97	76	extends	extend	VERB
cjel-11734	97	77	to	to	ADP
cjel-11734	97	78	the	the	DET
cjel-11734	97	79	regulatory	regulatory	ADJ
cjel-11734	97	80	regime	regime	NOUN
cjel-11734	97	81	in	in	ADP
cjel-11734	97	82	place	place	NOUN
cjel-11734	97	83	:	:	PUNCT
cjel-11734	97	84	the	the	DET
cjel-11734	97	85	primary	primary	ADJ
cjel-11734	97	86	regulation	regulation	NOUN
cjel-11734	97	87	11	11	NUM
cjel-11734	97	88	.	.	PUNCT
cjel-11734	98	1	see	see	VERB
cjel-11734	98	2	influencemap	influencemap	NOUN
cjel-11734	98	3	,	,	PUNCT
cjel-11734	98	4	climate	climate	NOUN
cjel-11734	98	5	funds	fund	NOUN
cjel-11734	98	6	:	:	PUNCT
cjel-11734	98	7	are	be	AUX
cjel-11734	98	8	they	they	PRON
cjel-11734	98	9	paris	paris	PROPN
cjel-11734	98	10	aligned	align	VERB
cjel-11734	98	11	?	?	PUNCT
cjel-11734	99	1	2	2	NUM
cjel-11734	99	2	(	(	PUNCT
cjel-11734	99	3	2021	2021	NUM
cjel-11734	99	4	)	)	PUNCT
cjel-11734	99	5	(	(	PUNCT
cjel-11734	99	6	finding	find	VERB
cjel-11734	99	7	that	that	SCONJ
cjel-11734	99	8	71	71	NUM
cjel-11734	99	9	%	%	NOUN
cjel-11734	99	10	of	of	ADP
cjel-11734	99	11	esg	esg	PROPN
cjel-11734	99	12	funds	fund	NOUN
cjel-11734	99	13	had	have	VERB
cjel-11734	99	14	negative	negative	ADJ
cjel-11734	99	15	portfolio	portfolio	NOUN
cjel-11734	99	16	paris	paris	PROPN
cjel-11734	99	17	alignment	alignment	NOUN
cjel-11734	99	18	scores	score	NOUN
cjel-11734	99	19	,	,	PUNCT
cjel-11734	99	20	and	and	CCONJ
cjel-11734	99	21	55	55	NUM
cjel-11734	99	22	%	%	NOUN
cjel-11734	99	23	of	of	ADP
cjel-11734	99	24	climate	climate	NOUN
cjel-11734	99	25	-	-	PUNCT
cjel-11734	99	26	themed	theme	VERB
cjel-11734	99	27	funds	fund	NOUN
cjel-11734	99	28	received	receive	VERB
cjel-11734	99	29	negative	negative	ADJ
cjel-11734	99	30	paris	paris	PROPN
cjel-11734	99	31	alignment	alignment	NOUN
cjel-11734	99	32	scores	score	NOUN
cjel-11734	99	33	.	.	PUNCT
cjel-11734	100	1	a	a	DET
cjel-11734	100	2	negative	negative	ADJ
cjel-11734	100	3	portfolio	portfolio	NOUN
cjel-11734	100	4	paris	paris	PROPN
cjel-11734	100	5	alignment	alignment	NOUN
cjel-11734	100	6	score	score	NOUN
cjel-11734	100	7	indicates	indicate	VERB
cjel-11734	100	8	that	that	SCONJ
cjel-11734	100	9	the	the	DET
cjel-11734	100	10	securities	security	NOUN
cjel-11734	100	11	within	within	ADP
cjel-11734	100	12	the	the	DET
cjel-11734	100	13	fund	fund	NOUN
cjel-11734	100	14	are	be	AUX
cjel-11734	100	15	misaligned	misalign	VERB
cjel-11734	100	16	with	with	ADP
cjel-11734	100	17	global	global	ADJ
cjel-11734	100	18	climate	climate	NOUN
cjel-11734	100	19	targets	target	NOUN
cjel-11734	100	20	)	)	PUNCT
cjel-11734	100	21	;	;	PUNCT
cjel-11734	100	22	see	see	AUX
cjel-11734	100	23	also	also	ADV
cjel-11734	100	24	rajna	rajna	VERB
cjel-11734	100	25	g.	g.	PROPN
cjel-11734	100	26	brandon	brandon	PROPN
cjel-11734	100	27	et	et	PROPN
cjel-11734	100	28	al	al	PROPN
cjel-11734	100	29	.	.	PROPN
cjel-11734	100	30	,	,	PUNCT
cjel-11734	100	31	eur	eur	PROPN
cjel-11734	100	32	.	.	PROPN
cjel-11734	100	33	corp	corp	PROPN
cjel-11734	100	34	.	.	PROPN
cjel-11734	100	35	gov’t	gov’t	PROPN
cjel-11734	100	36	inst	inst	PROPN
cjel-11734	100	37	.	.	PROPN
cjel-11734	100	38	,	,	PUNCT
cjel-11734	100	39	do	do	AUX
cjel-11734	100	40	responsible	responsible	ADJ
cjel-11734	100	41	investors	investor	NOUN
cjel-11734	100	42	invest	invest	VERB
cjel-11734	100	43	responsibly	responsibly	ADV
cjel-11734	100	44	?	?	PUNCT
cjel-11734	101	1	4	4	NUM
cjel-11734	101	2	(	(	PUNCT
cjel-11734	101	3	2021	2021	NUM
cjel-11734	101	4	)	)	PUNCT
cjel-11734	102	1	(	(	PUNCT
cjel-11734	102	2	finding	find	VERB
cjel-11734	102	3	that	that	SCONJ
cjel-11734	102	4	esg	esg	PROPN
cjel-11734	102	5	funds	fund	NOUN
cjel-11734	102	6	in	in	ADP
cjel-11734	102	7	the	the	DET
cjel-11734	102	8	united	united	PROPN
cjel-11734	102	9	states	states	PROPN
cjel-11734	102	10	that	that	PRON
cjel-11734	102	11	signed	sign	VERB
cjel-11734	102	12	the	the	DET
cjel-11734	102	13	principles	principle	NOUN
cjel-11734	102	14	for	for	ADP
cjel-11734	102	15	responsible	responsible	ADJ
cjel-11734	102	16	investment	investment	NOUN
cjel-11734	102	17	pledge	pledge	NOUN
cjel-11734	102	18	exhibited	exhibit	VERB
cjel-11734	102	19	at	at	ADP
cjel-11734	102	20	best	well	ADV
cjel-11734	102	21	similar	similar	ADJ
cjel-11734	102	22	,	,	PUNCT
cjel-11734	102	23	if	if	SCONJ
cjel-11734	102	24	not	not	PART
cjel-11734	102	25	significantly	significantly	ADV
cjel-11734	102	26	worse	bad	ADJ
cjel-11734	102	27	,	,	PUNCT
cjel-11734	102	28	portfolio	portfolio	NOUN
cjel-11734	102	29	esg	esg	PROPN
cjel-11734	102	30	scores	score	NOUN
cjel-11734	102	31	than	than	ADP
cjel-11734	102	32	uncommitted	uncommitted	ADJ
cjel-11734	102	33	peers	peer	NOUN
cjel-11734	102	34	)	)	PUNCT
cjel-11734	102	35	;	;	PUNCT
cjel-11734	102	36	the	the	DET
cjel-11734	102	37	principles	principle	NOUN
cjel-11734	102	38	for	for	ADP
cjel-11734	102	39	responsible	responsible	ADJ
cjel-11734	102	40	investment	investment	NOUN
cjel-11734	102	41	is	be	AUX
cjel-11734	102	42	a	a	DET
cjel-11734	102	43	global	global	ADJ
cjel-11734	102	44	alliance	alliance	NOUN
cjel-11734	102	45	of	of	ADP
cjel-11734	102	46	socially	socially	ADV
cjel-11734	102	47	responsible	responsible	ADJ
cjel-11734	102	48	investors	investor	NOUN
cjel-11734	102	49	created	create	VERB
cjel-11734	102	50	in	in	ADP
cjel-11734	102	51	2005	2005	NUM
cjel-11734	102	52	by	by	ADP
cjel-11734	102	53	united	united	PROPN
cjel-11734	102	54	nations	nations	PROPN
cjel-11734	102	55	secretary	secretary	PROPN
cjel-11734	102	56	-	-	PUNCT
cjel-11734	102	57	general	general	NOUN
cjel-11734	102	58	,	,	PUNCT
cjel-11734	102	59	kofi	kofi	PROPN
cjel-11734	102	60	annan	annan	PROPN
cjel-11734	102	61	.	.	PUNCT
cjel-11734	103	1	over	over	ADP
cjel-11734	103	2	3,500	3,500	NUM
cjel-11734	103	3	investors	investor	NOUN
cjel-11734	103	4	have	have	AUX
cjel-11734	103	5	signed	sign	VERB
cjel-11734	103	6	the	the	DET
cjel-11734	103	7	pledge	pledge	NOUN
cjel-11734	103	8	,	,	PUNCT
cjel-11734	103	9	which	which	PRON
cjel-11734	103	10	allows	allow	VERB
cjel-11734	103	11	an	an	DET
cjel-11734	103	12	organization	organization	NOUN
cjel-11734	103	13	to	to	PART
cjel-11734	103	14	“	"	PUNCT
cjel-11734	103	15	publicly	publicly	ADV
cjel-11734	103	16	demonstrate	demonstrate	VERB
cjel-11734	103	17	its	its	PRON
cjel-11734	103	18	commitment	commitment	NOUN
cjel-11734	103	19	to	to	ADP
cjel-11734	103	20	including	include	VERB
cjel-11734	103	21	environmental	environmental	ADJ
cjel-11734	103	22	,	,	PUNCT
cjel-11734	103	23	social	social	ADJ
cjel-11734	103	24	and	and	CCONJ
cjel-11734	103	25	governance	governance	NOUN
cjel-11734	103	26	(	(	PUNCT
cjel-11734	103	27	esg	esg	NOUN
cjel-11734	103	28	)	)	PUNCT
cjel-11734	103	29	factors	factor	NOUN
cjel-11734	103	30	in	in	ADP
cjel-11734	103	31	investment	investment	NOUN
cjel-11734	103	32	decision	decision	NOUN
cjel-11734	103	33	making	making	NOUN
cjel-11734	103	34	and	and	CCONJ
cjel-11734	103	35	ownership	ownership	NOUN
cjel-11734	103	36	.	.	PUNCT
cjel-11734	103	37	”	"	PUNCT
cjel-11734	104	1	become	become	VERB
cjel-11734	104	2	a	a	DET
cjel-11734	104	3	signatory	signatory	NOUN
cjel-11734	104	4	,	,	PUNCT
cjel-11734	104	5	u.n	u.n	PROPN
cjel-11734	104	6	.	.	PROPN
cjel-11734	104	7	principles	principle	NOUN
cjel-11734	104	8	for	for	ADP
cjel-11734	104	9	responsible	responsible	ADJ
cjel-11734	104	10	inv	inv	NOUN
cjel-11734	104	11	.	.	PUNCT
cjel-11734	104	12	,	,	PUNCT
cjel-11734	104	13	https://www.unpri.org/signatory-resources/become-a-signatory/5946.article	https://www.unpri.org/signatory-resources/become-a-signatory/5946.article	X
cjel-11734	105	1	[	[	X
cjel-11734	105	2	https://perma.cc/93jp-6z9w	https://perma.cc/93jp-6z9w	X
cjel-11734	105	3	]	]	X
cjel-11734	105	4	(	(	PUNCT
cjel-11734	105	5	last	last	ADV
cjel-11734	105	6	visited	visit	VERB
cjel-11734	105	7	mar	mar	PROPN
cjel-11734	105	8	.	.	PROPN
cjel-11734	105	9	16	16	NUM
cjel-11734	105	10	,	,	PUNCT
cjel-11734	105	11	2023	2023	NUM
cjel-11734	105	12	)	)	PUNCT
cjel-11734	105	13	.	.	PUNCT
cjel-11734	106	1	12	12	NUM
cjel-11734	106	2	.	.	PUNCT
cjel-11734	106	3	see	see	VERB
cjel-11734	106	4	generally	generally	ADV
cjel-11734	106	5	jonathan	jonathan	PROPN
cjel-11734	106	6	b.	b.	PROPN
cjel-11734	106	7	berk	berk	PROPN
cjel-11734	106	8	&	&	CCONJ
cjel-11734	106	9	jules	jules	PROPN
cjel-11734	106	10	h.	h.	PROPN
cjel-11734	106	11	van	van	PROPN
cjel-11734	106	12	binsbergen	binsbergen	PROPN
cjel-11734	106	13	,	,	PUNCT
cjel-11734	106	14	the	the	DET
cjel-11734	106	15	impact	impact	NOUN
cjel-11734	106	16	of	of	ADP
cjel-11734	106	17	impact	impact	NOUN
cjel-11734	106	18	investing	invest	VERB
cjel-11734	106	19	(	(	PUNCT
cjel-11734	106	20	aug	aug	PROPN
cjel-11734	106	21	.	.	PROPN
cjel-11734	106	22	23	23	NUM
cjel-11734	106	23	,	,	PUNCT
cjel-11734	106	24	2021	2021	NUM
cjel-11734	106	25	)	)	PUNCT
cjel-11734	106	26	(	(	PUNCT
cjel-11734	106	27	working	working	NOUN
cjel-11734	106	28	paper	paper	NOUN
cjel-11734	106	29	)	)	PUNCT
cjel-11734	106	30	(	(	PUNCT
cjel-11734	106	31	on	on	ADP
cjel-11734	106	32	file	file	NOUN
cjel-11734	106	33	with	with	ADP
cjel-11734	106	34	stanford	stanford	PROPN
cjel-11734	106	35	graduate	graduate	PROPN
cjel-11734	106	36	school	school	NOUN
cjel-11734	106	37	of	of	ADP
cjel-11734	106	38	business	business	NOUN
cjel-11734	106	39	and	and	CCONJ
cjel-11734	106	40	university	university	PROPN
cjel-11734	106	41	of	of	ADP
cjel-11734	106	42	pennsylvania	pennsylvania	PROPN
cjel-11734	106	43	,	,	PUNCT
cjel-11734	106	44	the	the	DET
cjel-11734	106	45	wharton	wharton	PROPN
cjel-11734	106	46	school	school	PROPN
cjel-11734	106	47	)	)	PUNCT
cjel-11734	106	48	(	(	PUNCT
cjel-11734	106	49	concluding	conclude	VERB
cjel-11734	106	50	that	that	SCONJ
cjel-11734	106	51	divestment	divestment	NOUN
cjel-11734	106	52	strategies	strategy	NOUN
cjel-11734	106	53	have	have	AUX
cjel-11734	106	54	had	have	VERB
cjel-11734	106	55	little	little	ADJ
cjel-11734	106	56	impact	impact	NOUN
cjel-11734	106	57	on	on	ADP
cjel-11734	106	58	corporate	corporate	ADJ
cjel-11734	106	59	behavior	behavior	NOUN
cjel-11734	106	60	and	and	CCONJ
cjel-11734	106	61	will	will	AUX
cjel-11734	106	62	likely	likely	ADV
cjel-11734	106	63	have	have	VERB
cjel-11734	106	64	little	little	ADJ
cjel-11734	106	65	impact	impact	NOUN
cjel-11734	106	66	going	go	VERB
cjel-11734	106	67	forward	forward	ADV
cjel-11734	106	68	)	)	PUNCT
cjel-11734	106	69	;	;	PUNCT
cjel-11734	106	70	see	see	VERB
cjel-11734	106	71	also	also	ADV
cjel-11734	106	72	bernard	bernard	PROPN
cjel-11734	106	73	s.	s.	PROPN
cjel-11734	106	74	sharfman	sharfman	PROPN
cjel-11734	106	75	,	,	PUNCT
cjel-11734	106	76	the	the	DET
cjel-11734	106	77	illusion	illusion	NOUN
cjel-11734	106	78	of	of	ADP
cjel-11734	106	79	success	success	NOUN
cjel-11734	106	80	:	:	PUNCT
cjel-11734	106	81	a	a	DET
cjel-11734	106	82	critique	critique	NOUN
cjel-11734	106	83	of	of	ADP
cjel-11734	106	84	engine	engine	NOUN
cjel-11734	106	85	no	no	NOUN
cjel-11734	106	86	.	.	NOUN
cjel-11734	107	1	1	1	NUM
cjel-11734	107	2	’s	’s	NOUN
cjel-11734	107	3	proxy	proxy	NOUN
cjel-11734	107	4	fight	fight	NOUN
cjel-11734	107	5	at	at	ADP
cjel-11734	107	6	exxonmobil	exxonmobil	PROPN
cjel-11734	107	7	,	,	PUNCT
cjel-11734	107	8	12	12	NUM
cjel-11734	107	9	harv	harv	NOUN
cjel-11734	107	10	.	.	PUNCT
cjel-11734	108	1	bus	bus	NOUN
cjel-11734	108	2	.	.	PUNCT
cjel-11734	109	1	l.	l.	PROPN
cjel-11734	109	2	rev	rev	PROPN
cjel-11734	109	3	.	.	PROPN
cjel-11734	110	1	online	online	PROPN
cjel-11734	110	2	,	,	PUNCT
cjel-11734	110	3	art	art	NOUN
cjel-11734	110	4	.	.	PUNCT
cjel-11734	111	1	3	3	NUM
cjel-11734	111	2	,	,	PUNCT
cjel-11734	111	3	2021	2021	NUM
cjel-11734	111	4	,	,	PUNCT
cjel-11734	111	5	at	at	ADP
cjel-11734	111	6	1	1	NUM
cjel-11734	111	7	(	(	PUNCT
cjel-11734	111	8	arguing	argue	VERB
cjel-11734	111	9	engine	engine	NOUN
cjel-11734	111	10	no	no	NOUN
cjel-11734	111	11	.	.	NOUN
cjel-11734	112	1	1	1	NUM
cjel-11734	112	2	’s	’s	PART
cjel-11734	112	3	success	success	NOUN
cjel-11734	112	4	in	in	ADP
cjel-11734	112	5	getting	get	VERB
cjel-11734	112	6	candidates	candidate	NOUN
cjel-11734	112	7	elected	elect	VERB
cjel-11734	112	8	to	to	ADP
cjel-11734	112	9	exxonmobil	exxonmobil	PROPN
cjel-11734	112	10	’s	’s	PART
cjel-11734	112	11	board	board	NOUN
cjel-11734	112	12	was	be	AUX
cjel-11734	112	13	ineffective	ineffective	ADJ
cjel-11734	112	14	because	because	SCONJ
cjel-11734	112	15	the	the	DET
cjel-11734	112	16	hedge	hedge	NOUN
cjel-11734	112	17	fund	fund	NOUN
cjel-11734	112	18	has	have	AUX
cjel-11734	112	19	not	not	PART
cjel-11734	112	20	provided	provide	VERB
cjel-11734	112	21	specific	specific	ADJ
cjel-11734	112	22	recommendations	recommendation	NOUN
cjel-11734	112	23	on	on	ADP
cjel-11734	112	24	how	how	SCONJ
cjel-11734	112	25	exxonmobil	exxonmobil	PROPN
cjel-11734	112	26	can	can	AUX
cjel-11734	112	27	transition	transition	VERB
cjel-11734	112	28	to	to	ADP
cjel-11734	112	29	a	a	DET
cjel-11734	112	30	leader	leader	NOUN
cjel-11734	112	31	in	in	ADP
cjel-11734	112	32	the	the	DET
cjel-11734	112	33	clean	clean	ADJ
cjel-11734	112	34	energy	energy	NOUN
cjel-11734	112	35	sector	sector	NOUN
cjel-11734	112	36	)	)	PUNCT
cjel-11734	112	37	.	.	PUNCT
cjel-11734	113	1	13	13	NUM
cjel-11734	113	2	.	.	X
cjel-11734	113	3	cam	cam	PROPN
cjel-11734	113	4	simpson	simpson	PROPN
cjel-11734	113	5	et	et	PROPN
cjel-11734	113	6	al	al	PROPN
cjel-11734	113	7	.	.	PROPN
cjel-11734	113	8	,	,	PUNCT
cjel-11734	113	9	the	the	DET
cjel-11734	113	10	esg	esg	PROPN
cjel-11734	113	11	mirage	mirage	NOUN
cjel-11734	113	12	,	,	PUNCT
cjel-11734	113	13	bloomberg	bloomberg	PROPN
cjel-11734	113	14	businessweek	businessweek	PROPN
cjel-11734	113	15	(	(	PUNCT
cjel-11734	113	16	dec	dec	PROPN
cjel-11734	113	17	.	.	PROPN
cjel-11734	113	18	10	10	NUM
cjel-11734	113	19	,	,	PUNCT
cjel-11734	113	20	2021	2021	NUM
cjel-11734	113	21	)	)	PUNCT
cjel-11734	113	22	,	,	PUNCT
cjel-11734	113	23	https://www.bloomberg.com/graphics/2021-what-is-esg-investing-msci-ratings-focus-oncorporate-bottom-line/	https://www.bloomberg.com/graphics/2021-what-is-esg-investing-msci-ratings-focus-oncorporate-bottom-line/	PROPN
cjel-11734	114	1	[	[	X
cjel-11734	114	2	https://perma.cc/m3y6-a63u	https://perma.cc/m3y6-a63u	PROPN
cjel-11734	114	3	]	]	X
cjel-11734	114	4	.	.	PUNCT
cjel-11734	115	1	such	such	DET
cjel-11734	115	2	a	a	DET
cjel-11734	115	3	high	high	ADJ
cjel-11734	115	4	level	level	NOUN
cjel-11734	115	5	of	of	ADP
cjel-11734	115	6	eligibility	eligibility	NOUN
cjel-11734	115	7	suggests	suggest	VERB
cjel-11734	115	8	the	the	DET
cjel-11734	115	9	criteria	criterion	NOUN
cjel-11734	115	10	are	be	AUX
cjel-11734	115	11	not	not	PART
cjel-11734	115	12	particularly	particularly	ADV
cjel-11734	115	13	stringent	stringent	ADJ
cjel-11734	115	14	,	,	PUNCT
cjel-11734	115	15	and	and	CCONJ
cjel-11734	115	16	therefore	therefore	ADV
cjel-11734	115	17	can	can	AUX
cjel-11734	115	18	not	not	PART
cjel-11734	115	19	be	be	AUX
cjel-11734	115	20	that	that	SCONJ
cjel-11734	115	21	differentiated	differentiate	VERB
cjel-11734	115	22	from	from	ADP
cjel-11734	115	23	the	the	DET
cjel-11734	115	24	general	general	ADJ
cjel-11734	115	25	market	market	NOUN
cjel-11734	115	26	.	.	PUNCT
cjel-11734	116	1	14	14	NUM
cjel-11734	116	2	.	.	PUNCT
cjel-11734	117	1	i	i	PRON
cjel-11734	117	2	d.	d.	PROPN
cjel-11734	117	3	while	while	SCONJ
cjel-11734	117	4	the	the	DET
cjel-11734	117	5	paper	paper	NOUN
cjel-11734	117	6	supra	supra	PROPN
cjel-11734	117	7	note	note	PROPN
cjel-11734	117	8	3	3	NUM
cjel-11734	117	9	,	,	PUNCT
cjel-11734	117	10	published	publish	VERB
cjel-11734	117	11	april	april	PROPN
cjel-11734	117	12	2021	2021	NUM
cjel-11734	117	13	,	,	PUNCT
cjel-11734	117	14	identified	identify	VERB
cjel-11734	117	15	this	this	DET
cjel-11734	117	16	same	same	ADJ
cjel-11734	117	17	fund	fund	NOUN
cjel-11734	117	18	owning	own	VERB
cjel-11734	117	19	eleven	eleven	NUM
cjel-11734	117	20	securities	security	NOUN
cjel-11734	117	21	in	in	ADP
cjel-11734	117	22	the	the	DET
cjel-11734	117	23	energy	energy	NOUN
cjel-11734	117	24	sector	sector	NOUN
cjel-11734	117	25	,	,	PUNCT
cjel-11734	117	26	this	this	DET
cjel-11734	117	27	number	number	NOUN
cjel-11734	117	28	grew	grow	VERB
cjel-11734	117	29	to	to	ADP
cjel-11734	117	30	twelve	twelve	NUM
cjel-11734	117	31	by	by	ADP
cjel-11734	117	32	december	december	PROPN
cjel-11734	117	33	2021	2021	NUM
cjel-11734	117	34	.	.	PUNCT
cjel-11734	118	1	15	15	NUM
cjel-11734	118	2	.	.	PUNCT
cjel-11734	119	1	i	i	PRON
cjel-11734	119	2	d.	d.	PROPN
cjel-11734	119	3	16	16	NUM
cjel-11734	119	4	.	.	PUNCT
cjel-11734	120	1	lan	lan	PROPN
cjel-11734	120	2	anh	anh	PROPN
cjel-11734	120	3	tran	tran	PROPN
cjel-11734	120	4	,	,	PUNCT
cjel-11734	120	5	why	why	SCONJ
cjel-11734	120	6	are	be	AUX
cjel-11734	120	7	there	there	PRON
cjel-11734	120	8	oil	oil	NOUN
cjel-11734	120	9	companies	company	NOUN
cjel-11734	120	10	in	in	ADP
cjel-11734	120	11	my	my	PRON
cjel-11734	120	12	esg	esg	NOUN
cjel-11734	120	13	portfolio	portfolio	NOUN
cjel-11734	120	14	?	?	PUNCT
cjel-11734	120	15	,	,	PUNCT
cjel-11734	120	16	morningstar	morningstar	PROPN
cjel-11734	120	17	(	(	PUNCT
cjel-11734	120	18	june	june	PROPN
cjel-11734	120	19	21	21	NUM
cjel-11734	120	20	,	,	PUNCT
cjel-11734	120	21	2022	2022	NUM
cjel-11734	120	22	)	)	PUNCT
cjel-11734	121	1	https://www.morningstar.com/articles/1098856/why-are-there-oil-companies-in-myesg-portfolio	https://www.morningstar.com/articles/1098856/why-are-there-oil-companies-in-myesg-portfolio	PROPN
cjel-11734	122	1	[	[	X
cjel-11734	122	2	https://perma.cc/83j2-8f56	https://perma.cc/83j2-8f56	X
cjel-11734	122	3	]	]	X
cjel-11734	122	4	(	(	PUNCT
cjel-11734	122	5	these	these	DET
cjel-11734	122	6	energy	energy	NOUN
cjel-11734	122	7	securities	security	NOUN
cjel-11734	122	8	were	be	AUX
cjel-11734	122	9	the	the	DET
cjel-11734	122	10	firm	firm	NOUN
cjel-11734	122	11	’s	’s	PART
cjel-11734	122	12	largest	large	ADJ
cjel-11734	122	13	and	and	CCONJ
cjel-11734	122	14	third	third	ADV
cjel-11734	122	15	-	-	PUNCT
cjel-11734	122	16	largest	large	ADJ
cjel-11734	122	17	holdings	holding	NOUN
cjel-11734	122	18	despite	despite	SCONJ
cjel-11734	122	19	explicitly	explicitly	ADV
cjel-11734	122	20	screening	screen	VERB
cjel-11734	122	21	out	out	ADP
cjel-11734	122	22	companies	company	NOUN
cjel-11734	122	23	involved	involve	VERB
cjel-11734	122	24	in	in	ADP
cjel-11734	122	25	the	the	DET
cjel-11734	122	26	extraction	extraction	NOUN
cjel-11734	122	27	of	of	ADP
cjel-11734	122	28	thermal	thermal	ADJ
cjel-11734	122	29	coal	coal	NOUN
cjel-11734	122	30	,	,	PUNCT
cjel-11734	122	31	thermal	thermal	ADJ
cjel-11734	122	32	coal	coal	NOUN
cjel-11734	122	33	generation	generation	NOUN
cjel-11734	122	34	,	,	PUNCT
cjel-11734	122	35	and	and	CCONJ
cjel-11734	122	36	oil	oil	NOUN
cjel-11734	122	37	sands	sand	NOUN
cjel-11734	122	38	from	from	ADP
cjel-11734	122	39	the	the	DET
cjel-11734	122	40	fund	fund	NOUN
cjel-11734	122	41	’s	’s	PART
cjel-11734	122	42	index	index	NOUN
cjel-11734	122	43	)	)	PUNCT
cjel-11734	122	44	.	.	PUNCT
cjel-11734	123	1	2023	2023	NUM
cjel-11734	123	2	]	]	PUNCT
cjel-11734	123	3	green	green	ADJ
cjel-11734	123	4	funds	fund	NOUN
cjel-11734	123	5	in	in	ADP
cjel-11734	123	6	a	a	DET
cjel-11734	123	7	gray	gray	ADJ
cjel-11734	123	8	area	area	NOUN
cjel-11734	123	9	421	421	NUM
cjel-11734	123	10	that	that	PRON
cjel-11734	123	11	governs	govern	VERB
cjel-11734	123	12	fund	fund	NOUN
cjel-11734	123	13	naming	name	VERB
cjel-11734	123	14	conventions	convention	NOUN
cjel-11734	123	15	,	,	PUNCT
cjel-11734	123	16	the	the	DET
cjel-11734	123	17	names	name	NOUN
cjel-11734	123	18	rule,17	rule,17	VERB
cjel-11734	123	19	only	only	ADV
cjel-11734	123	20	requires	require	VERB
cjel-11734	123	21	funds	fund	NOUN
cjel-11734	123	22	to	to	PART
cjel-11734	123	23	adhere	adhere	VERB
cjel-11734	123	24	to	to	ADP
cjel-11734	123	25	their	their	PRON
cjel-11734	123	26	investment	investment	NOUN
cjel-11734	123	27	thesis	thesis	NOUN
cjel-11734	123	28	for	for	ADP
cjel-11734	123	29	80	80	NUM
cjel-11734	123	30	%	%	NOUN
cjel-11734	123	31	of	of	ADP
cjel-11734	123	32	the	the	DET
cjel-11734	123	33	fund	fund	NOUN
cjel-11734	123	34	.	.	PUNCT
cjel-11734	124	1	put	put	VERB
cjel-11734	124	2	simply	simply	ADV
cjel-11734	124	3	,	,	PUNCT
cjel-11734	124	4	an	an	DET
cjel-11734	124	5	esg	esg	NOUN
cjel-11734	124	6	fund	fund	NOUN
cjel-11734	124	7	could	could	AUX
cjel-11734	124	8	invest	invest	VERB
cjel-11734	124	9	20	20	NUM
cjel-11734	124	10	%	%	NOUN
cjel-11734	124	11	of	of	ADP
cjel-11734	124	12	its	its	PRON
cjel-11734	124	13	assets	asset	NOUN
cjel-11734	124	14	into	into	ADP
cjel-11734	124	15	securities	security	NOUN
cjel-11734	124	16	that	that	PRON
cjel-11734	124	17	counteract	counteract	VERB
cjel-11734	124	18	the	the	DET
cjel-11734	124	19	fund	fund	NOUN
cjel-11734	124	20	’s	’s	PART
cjel-11734	124	21	potential	potential	ADJ
cjel-11734	124	22	esg	esg	NOUN
cjel-11734	124	23	impact	impact	NOUN
cjel-11734	124	24	and	and	CCONJ
cjel-11734	124	25	not	not	PART
cjel-11734	124	26	violate	violate	VERB
cjel-11734	124	27	the	the	DET
cjel-11734	124	28	names	name	NOUN
cjel-11734	124	29	rule	rule	NOUN
cjel-11734	124	30	.	.	PUNCT
cjel-11734	125	1	the	the	DET
cjel-11734	125	2	potential	potential	ADJ
cjel-11734	125	3	mismatch	mismatch	NOUN
cjel-11734	125	4	between	between	ADP
cjel-11734	125	5	esg	esg	PROPN
cjel-11734	125	6	fund	fund	NOUN
cjel-11734	125	7	names	name	NOUN
cjel-11734	125	8	and	and	CCONJ
cjel-11734	125	9	their	their	PRON
cjel-11734	125	10	investments	investment	NOUN
cjel-11734	125	11	is	be	AUX
cjel-11734	125	12	why	why	SCONJ
cjel-11734	125	13	some	some	PRON
cjel-11734	125	14	have	have	AUX
cjel-11734	125	15	concluded	conclude	VERB
cjel-11734	125	16	the	the	DET
cjel-11734	125	17	moniker	moniker	NOUN
cjel-11734	125	18	is	be	AUX
cjel-11734	125	19	“	"	PUNCT
cjel-11734	125	20	often	often	ADV
cjel-11734	125	21	useless	useless	ADJ
cjel-11734	125	22	,	,	PUNCT
cjel-11734	125	23	”	"	PUNCT
cjel-11734	125	24	and	and	CCONJ
cjel-11734	125	25	describe	describe	VERB
cjel-11734	125	26	the	the	DET
cjel-11734	125	27	effort	effort	NOUN
cjel-11734	125	28	of	of	ADP
cjel-11734	125	29	determining	determine	VERB
cjel-11734	125	30	an	an	DET
cjel-11734	125	31	esg	esg	NOUN
cjel-11734	125	32	fund	fund	NOUN
cjel-11734	125	33	’s	’s	PART
cjel-11734	125	34	approach	approach	NOUN
cjel-11734	125	35	like	like	ADP
cjel-11734	125	36	navigating	navigate	VERB
cjel-11734	125	37	the	the	DET
cjel-11734	125	38	“	"	PUNCT
cjel-11734	125	39	wild	wild	ADJ
cjel-11734	125	40	west	west	NOUN
cjel-11734	125	41	.	.	PUNCT
cjel-11734	126	1	”18	”18	NOUN
cjel-11734	126	2	this	this	DET
cjel-11734	126	3	disconnect	disconnect	NOUN
cjel-11734	126	4	between	between	ADP
cjel-11734	126	5	the	the	DET
cjel-11734	126	6	conception	conception	NOUN
cjel-11734	126	7	and	and	CCONJ
cjel-11734	126	8	reality	reality	NOUN
cjel-11734	126	9	of	of	ADP
cjel-11734	126	10	esg	esg	NOUN
cjel-11734	126	11	funds	fund	NOUN
cjel-11734	126	12	has	have	AUX
cjel-11734	126	13	been	be	AUX
cjel-11734	126	14	widely	widely	ADV
cjel-11734	126	15	documented	document	VERB
cjel-11734	126	16	by	by	ADP
cjel-11734	126	17	reporters,19	reporters,19	NOUN
cjel-11734	126	18	former	former	ADJ
cjel-11734	126	19	industry	industry	NOUN
cjel-11734	126	20	leaders,20	leaders,20	NOUN
cjel-11734	126	21	and	and	CCONJ
cjel-11734	126	22	even	even	ADV
cjel-11734	126	23	regulators	regulator	NOUN
cjel-11734	126	24	.	.	PUNCT
cjel-11734	127	1	in	in	ADP
cjel-11734	127	2	2021	2021	NUM
cjel-11734	127	3	,	,	PUNCT
cjel-11734	127	4	the	the	DET
cjel-11734	127	5	securities	securities	PROPN
cjel-11734	127	6	and	and	CCONJ
cjel-11734	127	7	exchange	exchange	PROPN
cjel-11734	127	8	commission	commission	PROPN
cjel-11734	127	9	’s	’s	PART
cjel-11734	127	10	(	(	PUNCT
cjel-11734	127	11	sec	sec	PROPN
cjel-11734	127	12	)	)	PUNCT
cjel-11734	127	13	division	division	NOUN
cjel-11734	127	14	of	of	ADP
cjel-11734	127	15	examinations	examination	NOUN
cjel-11734	127	16	published	publish	VERB
cjel-11734	127	17	a	a	DET
cjel-11734	127	18	risk	risk	NOUN
cjel-11734	127	19	alert	alert	NOUN
cjel-11734	127	20	on	on	ADP
cjel-11734	127	21	esg	esg	PROPN
cjel-11734	127	22	funds	fund	NOUN
cjel-11734	127	23	,	,	PUNCT
cjel-11734	127	24	observing	observe	VERB
cjel-11734	127	25	instances	instance	NOUN
cjel-11734	127	26	of	of	ADP
cjel-11734	127	27	“	"	PUNCT
cjel-11734	127	28	potentially	potentially	ADV
cjel-11734	127	29	misleading	misleading	ADJ
cjel-11734	127	30	statements	statement	NOUN
cjel-11734	127	31	regarding	regard	VERB
cjel-11734	127	32	esg	esg	PROPN
cjel-11734	127	33	investing	investing	NOUN
cjel-11734	127	34	processes	process	NOUN
cjel-11734	127	35	and	and	CCONJ
cjel-11734	127	36	representations	representation	NOUN
cjel-11734	127	37	regarding	regard	VERB
cjel-11734	127	38	the	the	DET
cjel-11734	127	39	adherence	adherence	NOUN
cjel-11734	127	40	to	to	ADP
cjel-11734	127	41	global	global	ADJ
cjel-11734	127	42	esg	esg	PROPN
cjel-11734	127	43	frameworks	framework	NOUN
cjel-11734	127	44	.	.	PUNCT
cjel-11734	128	1	”21	”21	ADJ
cjel-11734	128	2	since	since	SCONJ
cjel-11734	128	3	then	then	ADV
cjel-11734	128	4	,	,	PUNCT
cjel-11734	128	5	the	the	DET
cjel-11734	128	6	commission	commission	NOUN
cjel-11734	128	7	has	have	AUX
cjel-11734	128	8	brought	bring	VERB
cjel-11734	128	9	enforcement	enforcement	NOUN
cjel-11734	128	10	actions	action	NOUN
cjel-11734	128	11	against	against	ADP
cjel-11734	128	12	funds	fund	NOUN
cjel-11734	128	13	that	that	PRON
cjel-11734	128	14	have	have	AUX
cjel-11734	128	15	misleading	mislead	VERB
cjel-11734	128	16	esg	esg	NOUN
cjel-11734	128	17	disclosures,22	disclosures,22	NOUN
cjel-11734	128	18	and	and	CCONJ
cjel-11734	128	19	as	as	ADV
cjel-11734	128	20	recently	recently	ADV
cjel-11734	128	21	as	as	ADP
cjel-11734	128	22	february	february	NOUN
cjel-11734	128	23	2023	2023	NUM
cjel-11734	128	24	,	,	PUNCT
cjel-11734	128	25	has	have	VERB
cjel-11734	128	26	17	17	NUM
cjel-11734	128	27	.	.	PUNCT
cjel-11734	129	1	17	17	NUM
cjel-11734	129	2	c.f.r	c.f.r	NOUN
cjel-11734	129	3	.	.	PUNCT
cjel-11734	130	1	270.35d-1	270.35d-1	PROPN
cjel-11734	130	2	.	.	PUNCT
cjel-11734	131	1	18	18	NUM
cjel-11734	131	2	.	.	PUNCT
cjel-11734	132	1	tim	tim	PROPN
cjel-11734	132	2	quinson	quinson	PROPN
cjel-11734	132	3	,	,	PUNCT
cjel-11734	132	4	esg	esg	PROPN
cjel-11734	132	5	study	study	NOUN
cjel-11734	132	6	shared	share	VERB
cjel-11734	132	7	with	with	ADP
cjel-11734	132	8	sec	sec	PROPN
cjel-11734	132	9	reveals	reveal	VERB
cjel-11734	132	10	fund	fund	NOUN
cjel-11734	132	11	labels	label	NOUN
cjel-11734	132	12	are	be	AUX
cjel-11734	132	13	often	often	ADV
cjel-11734	132	14	useless	useless	ADJ
cjel-11734	132	15	,	,	PUNCT
cjel-11734	132	16	bloomberg	bloomberg	PROPN
cjel-11734	132	17	(	(	PUNCT
cjel-11734	132	18	jan	jan	PROPN
cjel-11734	132	19	.	.	PROPN
cjel-11734	132	20	11	11	NUM
cjel-11734	132	21	,	,	PUNCT
cjel-11734	132	22	2022	2022	NUM
cjel-11734	132	23	)	)	PUNCT
cjel-11734	132	24	,	,	PUNCT
cjel-11734	132	25	https://www.bloomberg.com/news/articles/2022-01-11/esgstudy-shared-with-sec-reveals-fund-labels-are-often-useless	https://www.bloomberg.com/news/articles/2022-01-11/esgstudy-shared-with-sec-reveals-fund-labels-are-often-useless	PROPN
cjel-11734	133	1	[	[	X
cjel-11734	133	2	https://perma.cc/5dls-ve2p	https://perma.cc/5dls-ve2p	X
cjel-11734	133	3	]	]	PUNCT
cjel-11734	133	4	.	.	PUNCT
cjel-11734	134	1	19	19	NUM
cjel-11734	134	2	.	.	X
cjel-11734	134	3	see	see	VERB
cjel-11734	134	4	,	,	PUNCT
cjel-11734	134	5	e.g.	e.g.	ADV
cjel-11734	134	6	,	,	PUNCT
cjel-11734	134	7	patricia	patricia	PROPN
cjel-11734	134	8	kowsmann	kowsmann	PROPN
cjel-11734	134	9	&	&	CCONJ
cjel-11734	134	10	ken	ken	PROPN
cjel-11734	134	11	brown	brown	PROPN
cjel-11734	134	12	,	,	PUNCT
cjel-11734	134	13	fired	fire	VERB
cjel-11734	134	14	executive	executive	NOUN
cjel-11734	134	15	says	say	VERB
cjel-11734	134	16	deutsche	deutsche	PROPN
cjel-11734	134	17	bank	bank	PROPN
cjel-11734	134	18	’s	’s	PART
cjel-11734	134	19	dws	dws	PROPN
cjel-11734	134	20	overstated	overstate	VERB
cjel-11734	134	21	sustainable	sustainable	ADJ
cjel-11734	134	22	-	-	PUNCT
cjel-11734	134	23	investing	invest	VERB
cjel-11734	134	24	efforts	effort	NOUN
cjel-11734	134	25	,	,	PUNCT
cjel-11734	134	26	wall	wall	PROPN
cjel-11734	134	27	st	st	PROPN
cjel-11734	134	28	.	.	PROPN
cjel-11734	134	29	j.	j.	PROPN
cjel-11734	134	30	(	(	PUNCT
cjel-11734	134	31	aug	aug	PROPN
cjel-11734	134	32	.	.	PROPN
cjel-11734	134	33	1	1	NUM
cjel-11734	134	34	,	,	PUNCT
cjel-11734	134	35	2021	2021	NUM
cjel-11734	134	36	)	)	PUNCT
cjel-11734	134	37	,	,	PUNCT
cjel-11734	134	38	https://www.wsj.com/articles/fired-executive-says-deutsche-banks-dws-overstatedsustainable-investing-efforts-11627810380	https://www.wsj.com/articles/fired-executive-says-deutsche-banks-dws-overstatedsustainable-investing-efforts-11627810380	X
cjel-11734	134	39	[	[	X
cjel-11734	134	40	https://perma.cc/998z-9aep	https://perma.cc/998z-9aep	X
cjel-11734	134	41	]	]	X
cjel-11734	134	42	(	(	PUNCT
cjel-11734	134	43	reporting	report	VERB
cjel-11734	134	44	that	that	SCONJ
cjel-11734	134	45	dws	dws	PROPN
cjel-11734	134	46	’s	’s	PART
cjel-11734	134	47	former	former	ADJ
cjel-11734	134	48	sustainability	sustainability	NOUN
cjel-11734	134	49	chief	chief	NOUN
cjel-11734	134	50	believes	believe	VERB
cjel-11734	134	51	that	that	SCONJ
cjel-11734	134	52	dws	dws	PROPN
cjel-11734	134	53	misrepresented	misrepresent	VERB
cjel-11734	134	54	its	its	PRON
cjel-11734	134	55	esg	esg	NOUN
cjel-11734	134	56	capabilities	capability	NOUN
cjel-11734	134	57	in	in	ADP
cjel-11734	134	58	its	its	PRON
cjel-11734	134	59	annual	annual	ADJ
cjel-11734	134	60	report	report	NOUN
cjel-11734	134	61	)	)	PUNCT
cjel-11734	134	62	.	.	PUNCT
cjel-11734	135	1	20	20	NUM
cjel-11734	135	2	.	.	X
cjel-11734	135	3	for	for	ADP
cjel-11734	135	4	example	example	NOUN
cjel-11734	135	5	,	,	PUNCT
cjel-11734	135	6	tariq	tariq	PROPN
cjel-11734	135	7	fancy	fancy	NOUN
cjel-11734	135	8	,	,	PUNCT
cjel-11734	135	9	blackrock	blackrock	PROPN
cjel-11734	135	10	’s	’s	PART
cjel-11734	135	11	former	former	ADJ
cjel-11734	135	12	chief	chief	ADJ
cjel-11734	135	13	investment	investment	NOUN
cjel-11734	135	14	officer	officer	NOUN
cjel-11734	135	15	of	of	ADP
cjel-11734	135	16	sustainable	sustainable	ADJ
cjel-11734	135	17	investing	investing	NOUN
cjel-11734	135	18	,	,	PUNCT
cjel-11734	135	19	wrote	write	VERB
cjel-11734	135	20	:	:	PUNCT
cjel-11734	135	21	“	"	PUNCT
cjel-11734	135	22	sustainable	sustainable	ADJ
cjel-11734	135	23	investing	investing	NOUN
cjel-11734	135	24	boils	boil	VERB
cjel-11734	135	25	down	down	ADP
cjel-11734	135	26	to	to	ADP
cjel-11734	135	27	little	little	ADJ
cjel-11734	135	28	more	more	ADJ
cjel-11734	135	29	than	than	ADP
cjel-11734	135	30	marketing	marketing	NOUN
cjel-11734	135	31	hype	hype	NOUN
cjel-11734	135	32	,	,	PUNCT
cjel-11734	135	33	pr	pr	NOUN
cjel-11734	135	34	spin	spin	NOUN
cjel-11734	135	35	and	and	CCONJ
cjel-11734	135	36	disingenuous	disingenuous	ADJ
cjel-11734	135	37	promises	promise	NOUN
cjel-11734	135	38	from	from	ADP
cjel-11734	135	39	the	the	DET
cjel-11734	135	40	investment	investment	NOUN
cjel-11734	135	41	community	community	NOUN
cjel-11734	135	42	.	.	PUNCT
cjel-11734	136	1	existing	exist	VERB
cjel-11734	136	2	mutual	mutual	ADJ
cjel-11734	136	3	funds	fund	NOUN
cjel-11734	136	4	are	be	AUX
cjel-11734	136	5	cynically	cynically	ADV
cjel-11734	136	6	rebranded	rebrande	VERB
cjel-11734	136	7	as	as	ADP
cjel-11734	136	8	‘	'	PUNCT
cjel-11734	136	9	green’—with	green’—with	VERB
cjel-11734	136	10	no	no	DET
cjel-11734	136	11	discernible	discernible	ADJ
cjel-11734	136	12	change	change	NOUN
cjel-11734	136	13	to	to	ADP
cjel-11734	136	14	the	the	DET
cjel-11734	136	15	fund	fund	NOUN
cjel-11734	136	16	itself	itself	PRON
cjel-11734	136	17	or	or	CCONJ
cjel-11734	136	18	its	its	PRON
cjel-11734	136	19	underlying	underlie	VERB
cjel-11734	136	20	strategies	strategy	NOUN
cjel-11734	136	21	—	—	PUNCT
cjel-11734	136	22	simply	simply	ADV
cjel-11734	136	23	for	for	ADP
cjel-11734	136	24	the	the	DET
cjel-11734	136	25	sake	sake	NOUN
cjel-11734	136	26	of	of	ADP
cjel-11734	136	27	appearances	appearance	NOUN
cjel-11734	136	28	and	and	CCONJ
cjel-11734	136	29	marketing	marketing	NOUN
cjel-11734	136	30	purposes	purpose	NOUN
cjel-11734	136	31	.	.	PUNCT
cjel-11734	136	32	”	"	PUNCT
cjel-11734	137	1	tariq	tariq	PROPN
cjel-11734	137	2	fancy	fancy	NOUN
cjel-11734	137	3	,	,	PUNCT
cjel-11734	137	4	financial	financial	ADJ
cjel-11734	137	5	world	world	NOUN
cjel-11734	137	6	greenwashing	greenwashe	VERB
cjel-11734	137	7	the	the	DET
cjel-11734	137	8	public	public	NOUN
cjel-11734	137	9	with	with	ADP
cjel-11734	137	10	deadly	deadly	ADJ
cjel-11734	137	11	distraction	distraction	NOUN
cjel-11734	137	12	in	in	ADP
cjel-11734	137	13	sustainable	sustainable	ADJ
cjel-11734	137	14	investing	investing	NOUN
cjel-11734	137	15	practices	practice	NOUN
cjel-11734	137	16	,	,	PUNCT
cjel-11734	137	17	u.s.a	u.s.a	NOUN
cjel-11734	137	18	.	.	PUNCT
cjel-11734	138	1	today	today	NOUN
cjel-11734	138	2	(	(	PUNCT
cjel-11734	138	3	mar	mar	PROPN
cjel-11734	138	4	.	.	PROPN
cjel-11734	138	5	16	16	NUM
cjel-11734	138	6	,	,	PUNCT
cjel-11734	138	7	2021	2021	NUM
cjel-11734	138	8	)	)	PUNCT
cjel-11734	138	9	,	,	PUNCT
cjel-11734	138	10	https://www.usatoday.com/story/opinion/2021/03/16/wall-streetesg-sustainable-investing-greenwashing-column/6948923002/	https://www.usatoday.com/story/opinion/2021/03/16/wall-streetesg-sustainable-investing-greenwashing-column/6948923002/	PROPN
cjel-11734	139	1	[	[	X
cjel-11734	139	2	https://perma.cc/g2dcjxle	https://perma.cc/g2dcjxle	X
cjel-11734	139	3	]	]	X
cjel-11734	139	4	;	;	PUNCT
cjel-11734	139	5	see	see	VERB
cjel-11734	139	6	also	also	ADV
cjel-11734	139	7	kowsmann	kowsmann	PROPN
cjel-11734	139	8	&	&	CCONJ
cjel-11734	139	9	brown	brown	PROPN
cjel-11734	139	10	,	,	PUNCT
cjel-11734	139	11	supra	supra	PROPN
cjel-11734	139	12	note	note	PROPN
cjel-11734	139	13	19	19	NUM
cjel-11734	139	14	(	(	PUNCT
cjel-11734	139	15	reporting	report	VERB
cjel-11734	139	16	that	that	SCONJ
cjel-11734	139	17	dws	dws	PROPN
cjel-11734	139	18	’s	’s	PART
cjel-11734	139	19	former	former	ADJ
cjel-11734	139	20	sustainability	sustainability	NOUN
cjel-11734	139	21	chief	chief	NOUN
cjel-11734	139	22	believes	believe	VERB
cjel-11734	139	23	that	that	SCONJ
cjel-11734	139	24	dws	dws	PROPN
cjel-11734	139	25	misrepresented	misrepresent	VERB
cjel-11734	139	26	its	its	PRON
cjel-11734	139	27	esg	esg	NOUN
cjel-11734	139	28	capabilities	capability	NOUN
cjel-11734	139	29	in	in	ADP
cjel-11734	139	30	their	their	PRON
cjel-11734	139	31	annual	annual	ADJ
cjel-11734	139	32	report	report	NOUN
cjel-11734	139	33	)	)	PUNCT
cjel-11734	139	34	.	.	PUNCT
cjel-11734	140	1	21	21	NUM
cjel-11734	140	2	.	.	X
cjel-11734	140	3	sec	sec	PROPN
cjel-11734	140	4	,	,	PUNCT
cjel-11734	140	5	division	division	NOUN
cjel-11734	140	6	of	of	ADP
cjel-11734	140	7	examinations	examination	NOUN
cjel-11734	140	8	’	'	PUNCT
cjel-11734	140	9	review	review	NOUN
cjel-11734	140	10	of	of	ADP
cjel-11734	140	11	esg	esg	PROPN
cjel-11734	140	12	investing	invest	VERB
cjel-11734	140	13	2	2	NUM
cjel-11734	140	14	(	(	PUNCT
cjel-11734	140	15	apr	apr	NOUN
cjel-11734	140	16	.	.	PROPN
cjel-11734	140	17	9	9	NUM
cjel-11734	140	18	,	,	PUNCT
cjel-11734	140	19	2021	2021	NUM
cjel-11734	140	20	)	)	PUNCT
cjel-11734	140	21	.	.	PUNCT
cjel-11734	141	1	further	far	ADV
cjel-11734	141	2	,	,	PUNCT
cjel-11734	141	3	the	the	DET
cjel-11734	141	4	sec	sec	PROPN
cjel-11734	141	5	noted	note	VERB
cjel-11734	141	6	“	"	PUNCT
cjel-11734	141	7	a	a	DET
cjel-11734	141	8	lack	lack	NOUN
cjel-11734	141	9	of	of	ADP
cjel-11734	141	10	policies	policy	NOUN
cjel-11734	141	11	and	and	CCONJ
cjel-11734	141	12	procedures	procedure	NOUN
cjel-11734	141	13	related	relate	VERB
cjel-11734	141	14	to	to	ADP
cjel-11734	141	15	esg	esg	PROPN
cjel-11734	141	16	investing	investing	NOUN
cjel-11734	141	17	.	.	PUNCT
cjel-11734	141	18	.	.	PUNCT
cjel-11734	141	19	.	.	PUNCT
cjel-11734	142	1	documentation	documentation	NOUN
cjel-11734	142	2	of	of	ADP
cjel-11734	142	3	esgrelated	esgrelated	ADJ
cjel-11734	142	4	investment	investment	NOUN
cjel-11734	142	5	decisions	decision	NOUN
cjel-11734	142	6	that	that	PRON
cjel-11734	142	7	was	be	AUX
cjel-11734	142	8	weak	weak	ADJ
cjel-11734	142	9	or	or	CCONJ
cjel-11734	142	10	unclear	unclear	ADJ
cjel-11734	142	11	.	.	PUNCT
cjel-11734	142	12	.	.	PUNCT
cjel-11734	143	1	.	.	PUNCT
cjel-11734	144	1	and	and	CCONJ
cjel-11734	144	2	compliance	compliance	NOUN
cjel-11734	144	3	programs	program	NOUN
cjel-11734	144	4	that	that	PRON
cjel-11734	144	5	did	do	AUX
cjel-11734	144	6	not	not	PART
cjel-11734	144	7	appear	appear	VERB
cjel-11734	144	8	to	to	PART
cjel-11734	144	9	be	be	AUX
cjel-11734	144	10	reasonably	reasonably	ADV
cjel-11734	144	11	designed	design	VERB
cjel-11734	144	12	to	to	PART
cjel-11734	144	13	guard	guard	VERB
cjel-11734	144	14	against	against	ADP
cjel-11734	144	15	inaccurate	inaccurate	ADJ
cjel-11734	144	16	esg	esg	PROPN
cjel-11734	144	17	-	-	PUNCT
cjel-11734	144	18	related	relate	VERB
cjel-11734	144	19	disclosures	disclosure	NOUN
cjel-11734	144	20	and	and	CCONJ
cjel-11734	144	21	marketing	marketing	NOUN
cjel-11734	144	22	materials	material	NOUN
cjel-11734	144	23	.	.	PUNCT
cjel-11734	144	24	”	"	PUNCT
cjel-11734	145	1	i	i	PRON
cjel-11734	145	2	d.	d.	PROPN
cjel-11734	145	3	22	22	NUM
cjel-11734	145	4	.	.	PUNCT
cjel-11734	146	1	see	see	VERB
cjel-11734	146	2	andrew	andrew	PROPN
cjel-11734	146	3	ramonas	ramonas	PROPN
cjel-11734	146	4	,	,	PUNCT
cjel-11734	146	5	esg	esg	PROPN
cjel-11734	146	6	cases	case	NOUN
cjel-11734	146	7	remain	remain	VERB
cjel-11734	146	8	enforcement	enforcement	NOUN
cjel-11734	146	9	priority	priority	NOUN
cjel-11734	146	10	at	at	ADP
cjel-11734	146	11	sec	sec	PROPN
cjel-11734	146	12	,	,	PUNCT
cjel-11734	146	13	top	top	ADJ
cjel-11734	146	14	official	official	NOUN
cjel-11734	146	15	says	say	VERB
cjel-11734	146	16	,	,	PUNCT
cjel-11734	146	17	bloomberg	bloomberg	PROPN
cjel-11734	146	18	l.	l.	PROPN
cjel-11734	146	19	(	(	PUNCT
cjel-11734	146	20	nov	nov	PROPN
cjel-11734	146	21	.	.	PROPN
cjel-11734	146	22	4	4	NUM
cjel-11734	146	23	,	,	PUNCT
cjel-11734	146	24	2022	2022	NUM
cjel-11734	146	25	)	)	PUNCT
cjel-11734	146	26	(	(	PUNCT
cjel-11734	146	27	reporting	report	VERB
cjel-11734	146	28	,	,	PUNCT
cjel-11734	146	29	among	among	ADP
cjel-11734	146	30	other	other	ADJ
cjel-11734	146	31	cases	case	NOUN
cjel-11734	146	32	,	,	PUNCT
cjel-11734	146	33	that	that	SCONJ
cjel-11734	146	34	one	one	NUM
cjel-11734	146	35	asset	asset	NOUN
cjel-11734	146	36	manager	manager	NOUN
cjel-11734	146	37	reached	reach	VERB
cjel-11734	146	38	a	a	DET
cjel-11734	146	39	$	$	SYM
cjel-11734	146	40	1.5	1.5	NUM
cjel-11734	146	41	million	million	NUM
cjel-11734	146	42	settlement	settlement	NOUN
cjel-11734	146	43	with	with	ADP
cjel-11734	146	44	the	the	DET
cjel-11734	146	45	sec	sec	PROPN
cjel-11734	146	46	over	over	ADP
cjel-11734	146	47	alleged	allege	VERB
cjel-11734	146	48	esg	esg	PROPN
cjel-11734	146	49	misstatements	misstatement	NOUN
cjel-11734	146	50	concerning	concern	VERB
cjel-11734	146	51	its	its	PRON
cjel-11734	146	52	mutual	mutual	ADJ
cjel-11734	146	53	funds	fund	NOUN
cjel-11734	146	54	)	)	PUNCT
cjel-11734	146	55	.	.	PUNCT
cjel-11734	147	1	422	422	NUM
cjel-11734	147	2	columbia	columbia	PROPN
cjel-11734	147	3	journal	journal	PROPN
cjel-11734	147	4	of	of	ADP
cjel-11734	147	5	environmental	environmental	ADJ
cjel-11734	147	6	law	law	NOUN
cjel-11734	147	7	[	[	X
cjel-11734	147	8	vol.48:2	vol.48:2	NOUN
cjel-11734	147	9	continued	continue	VERB
cjel-11734	147	10	to	to	PART
cjel-11734	147	11	document	document	VERB
cjel-11734	147	12	deceptive	deceptive	ADJ
cjel-11734	147	13	esg	esg	PROPN
cjel-11734	147	14	disclosures.23	disclosures.23	PROPN
cjel-11734	147	15	these	these	DET
cjel-11734	147	16	issues	issue	NOUN
cjel-11734	147	17	are	be	AUX
cjel-11734	147	18	particularly	particularly	ADV
cjel-11734	147	19	acute	acute	ADJ
cjel-11734	147	20	because	because	SCONJ
cjel-11734	147	21	esg	esg	NOUN
cjel-11734	147	22	funds	fund	NOUN
cjel-11734	147	23	are	be	AUX
cjel-11734	147	24	popular	popular	ADJ
cjel-11734	147	25	with	with	ADP
cjel-11734	147	26	retail	retail	ADJ
cjel-11734	147	27	investors	investor	NOUN
cjel-11734	147	28	,	,	PUNCT
cjel-11734	147	29	who	who	PRON
cjel-11734	147	30	generally	generally	ADV
cjel-11734	147	31	struggle	struggle	VERB
cjel-11734	147	32	to	to	PART
cjel-11734	147	33	comprehend	comprehend	VERB
cjel-11734	147	34	financial	financial	ADJ
cjel-11734	147	35	information	information	NOUN
cjel-11734	147	36	,	,	PUNCT
cjel-11734	147	37	let	let	VERB
cjel-11734	147	38	alone	alone	ADJ
cjel-11734	147	39	information	information	NOUN
cjel-11734	147	40	in	in	ADP
cjel-11734	147	41	a	a	DET
cjel-11734	147	42	sector	sector	NOUN
cjel-11734	147	43	with	with	ADP
cjel-11734	147	44	a	a	DET
cjel-11734	147	45	lack	lack	NOUN
cjel-11734	147	46	of	of	ADP
cjel-11734	147	47	standardized	standardized	ADJ
cjel-11734	147	48	definitions	definition	NOUN
cjel-11734	147	49	and	and	CCONJ
cjel-11734	147	50	norms.24	norms.24	NOUN
cjel-11734	147	51	as	as	SCONJ
cjel-11734	147	52	retail	retail	ADJ
cjel-11734	147	53	investors	investor	NOUN
cjel-11734	147	54	(	(	PUNCT
cjel-11734	147	55	especially	especially	ADV
cjel-11734	147	56	environmentally	environmentally	ADV
cjel-11734	147	57	-	-	PUNCT
cjel-11734	147	58	conscious	conscious	ADJ
cjel-11734	147	59	millennials)25	millennials)25	PROPN
cjel-11734	147	60	continue	continue	VERB
cjel-11734	147	61	to	to	PART
cjel-11734	147	62	invest	invest	VERB
cjel-11734	147	63	in	in	ADP
cjel-11734	147	64	esg	esg	PROPN
cjel-11734	147	65	funds	fund	NOUN
cjel-11734	147	66	at	at	ADP
cjel-11734	147	67	record	record	NOUN
cjel-11734	147	68	levels,26	levels,26	NOUN
cjel-11734	147	69	and	and	CCONJ
cjel-11734	147	70	often	often	ADV
cjel-11734	147	71	do	do	VERB
cjel-11734	147	72	so	so	ADV
cjel-11734	147	73	with	with	ADP
cjel-11734	147	74	the	the	DET
cjel-11734	147	75	intent	intent	NOUN
cjel-11734	147	76	to	to	PART
cjel-11734	147	77	achieve	achieve	VERB
cjel-11734	147	78	positive	positive	ADJ
cjel-11734	147	79	esg	esg	NOUN
cjel-11734	147	80	outcomes,27	outcomes,27	NOUN
cjel-11734	147	81	effective	effective	ADJ
cjel-11734	147	82	regulation	regulation	NOUN
cjel-11734	147	83	is	be	AUX
cjel-11734	147	84	more	more	ADV
cjel-11734	147	85	essential	essential	ADJ
cjel-11734	147	86	than	than	ADP
cjel-11734	147	87	ever	ever	ADV
cjel-11734	147	88	.	.	PUNCT
cjel-11734	148	1	in	in	ADP
cjel-11734	148	2	sum	sum	NOUN
cjel-11734	148	3	,	,	PUNCT
cjel-11734	148	4	esg	esg	PROPN
cjel-11734	148	5	fund	fund	NOUN
cjel-11734	148	6	names	name	NOUN
cjel-11734	148	7	do	do	AUX
cjel-11734	148	8	not	not	PART
cjel-11734	148	9	always	always	ADV
cjel-11734	148	10	match	match	VERB
cjel-11734	148	11	their	their	PRON
cjel-11734	148	12	investments	investment	NOUN
cjel-11734	148	13	,	,	PUNCT
cjel-11734	148	14	nor	nor	CCONJ
cjel-11734	148	15	do	do	AUX
cjel-11734	148	16	they	they	PRON
cjel-11734	148	17	disclose	disclose	VERB
cjel-11734	148	18	key	key	ADJ
cjel-11734	148	19	information	information	NOUN
cjel-11734	148	20	that	that	PRON
cjel-11734	148	21	would	would	AUX
cjel-11734	148	22	alert	alert	VERB
cjel-11734	148	23	investors	investor	NOUN
cjel-11734	148	24	to	to	ADP
cjel-11734	148	25	these	these	DET
cjel-11734	148	26	shortcomings	shortcoming	NOUN
cjel-11734	148	27	—	—	PUNCT
cjel-11734	148	28	a	a	DET
cjel-11734	148	29	phenomenon	phenomenon	NOUN
cjel-11734	148	30	this	this	DET
cjel-11734	148	31	note	note	NOUN
cjel-11734	148	32	calls	call	VERB
cjel-11734	148	33	the	the	DET
cjel-11734	148	34	esg	esg	PROPN
cjel-11734	148	35	fund	fund	NOUN
cjel-11734	148	36	labeling	labeling	NOUN
cjel-11734	148	37	problem	problem	NOUN
cjel-11734	148	38	.	.	PUNCT
cjel-11734	149	1	to	to	PART
cjel-11734	149	2	address	address	VERB
cjel-11734	149	3	this	this	DET
cjel-11734	149	4	problem	problem	NOUN
cjel-11734	149	5	,	,	PUNCT
cjel-11734	149	6	the	the	DET
cjel-11734	149	7	sec	sec	PROPN
cjel-11734	149	8	proposed	propose	VERB
cjel-11734	149	9	two	two	NUM
cjel-11734	149	10	rules	rule	NOUN
cjel-11734	149	11	in	in	ADP
cjel-11734	149	12	may	may	PROPN
cjel-11734	149	13	2022	2022	NUM
cjel-11734	149	14	.	.	PUNCT
cjel-11734	150	1	one	one	NUM
cjel-11734	150	2	of	of	ADP
cjel-11734	150	3	the	the	DET
cjel-11734	150	4	rules	rule	NOUN
cjel-11734	150	5	would	would	AUX
cjel-11734	150	6	regulate	regulate	VERB
cjel-11734	150	7	how	how	SCONJ
cjel-11734	150	8	funds	fund	NOUN
cjel-11734	150	9	use	use	VERB
cjel-11734	150	10	esg	esg	NOUN
cjel-11734	150	11	-	-	PUNCT
cjel-11734	150	12	related	relate	VERB
cjel-11734	150	13	terms	term	NOUN
cjel-11734	150	14	in	in	ADP
cjel-11734	150	15	their	their	PRON
cjel-11734	150	16	names.28	names.28	NOUN
cjel-11734	150	17	the	the	DET
cjel-11734	150	18	other	other	ADJ
cjel-11734	150	19	would	would	AUX
cjel-11734	150	20	provide	provide	VERB
cjel-11734	150	21	investors	investor	NOUN
cjel-11734	150	22	with	with	ADP
cjel-11734	150	23	a	a	DET
cjel-11734	150	24	standardized	standardized	ADJ
cjel-11734	150	25	disclosure	disclosure	NOUN
cjel-11734	150	26	framework	framework	NOUN
cjel-11734	150	27	that	that	PRON
cjel-11734	150	28	classifies	classify	VERB
cjel-11734	150	29	esg	esg	PROPN
cjel-11734	150	30	funds	fund	NOUN
cjel-11734	150	31	into	into	ADP
cjel-11734	150	32	different	different	ADJ
cjel-11734	150	33	categories	category	NOUN
cjel-11734	150	34	based	base	VERB
cjel-11734	150	35	on	on	ADP
cjel-11734	150	36	the	the	DET
cjel-11734	150	37	extent	extent	NOUN
cjel-11734	150	38	to	to	PART
cjel-11734	150	39	which	which	PRON
cjel-11734	150	40	they	they	PRON
cjel-11734	150	41	consider	consider	VERB
cjel-11734	150	42	esg	esg	NOUN
cjel-11734	150	43	factors	factor	NOUN
cjel-11734	150	44	within	within	ADP
cjel-11734	150	45	their	their	PRON
cjel-11734	150	46	respective	respective	ADJ
cjel-11734	150	47	investment	investment	NOUN
cjel-11734	150	48	selection	selection	NOUN
cjel-11734	150	49	processes.29	processes.29	NOUN
cjel-11734	150	50	in	in	ADP
cjel-11734	150	51	turn	turn	NOUN
cjel-11734	150	52	,	,	PUNCT
cjel-11734	150	53	funds	fund	NOUN
cjel-11734	150	54	would	would	AUX
cjel-11734	150	55	then	then	ADV
cjel-11734	150	56	need	need	VERB
cjel-11734	150	57	to	to	PART
cjel-11734	150	58	disclose	disclose	VERB
cjel-11734	150	59	information	information	NOUN
cjel-11734	150	60	regarding	regard	VERB
cjel-11734	150	61	their	their	PRON
cjel-11734	150	62	esg	esg	NOUN
cjel-11734	150	63	criteria	criterion	NOUN
cjel-11734	150	64	,	,	PUNCT
cjel-11734	150	65	which	which	PRON
cjel-11734	150	66	would	would	AUX
cjel-11734	150	67	vary	vary	VERB
cjel-11734	150	68	in	in	ADP
cjel-11734	150	69	length	length	NOUN
cjel-11734	150	70	and	and	CCONJ
cjel-11734	150	71	substance	substance	NOUN
cjel-11734	150	72	depending	depend	VERB
cjel-11734	150	73	on	on	ADP
cjel-11734	150	74	the	the	DET
cjel-11734	150	75	extent	extent	NOUN
cjel-11734	150	76	to	to	PART
cjel-11734	150	77	which	which	PRON
cjel-11734	150	78	those	those	DET
cjel-11734	150	79	esg	esg	NOUN
cjel-11734	150	80	factors	factor	NOUN
cjel-11734	150	81	play	play	VERB
cjel-11734	150	82	into	into	ADP
cjel-11734	150	83	their	their	PRON
cjel-11734	150	84	investment	investment	NOUN
cjel-11734	150	85	selection	selection	NOUN
cjel-11734	150	86	processes.30	processes.30	NOUN
cjel-11734	150	87	while	while	SCONJ
cjel-11734	150	88	the	the	DET
cjel-11734	150	89	two	two	NUM
cjel-11734	150	90	proposed	propose	VERB
cjel-11734	150	91	rules	rule	NOUN
cjel-11734	150	92	,	,	PUNCT
cjel-11734	150	93	if	if	SCONJ
cjel-11734	150	94	adopted	adopt	VERB
cjel-11734	150	95	,	,	PUNCT
cjel-11734	150	96	would	would	AUX
cjel-11734	150	97	help	help	VERB
cjel-11734	150	98	reduce	reduce	VERB
cjel-11734	150	99	investor	investor	NOUN
cjel-11734	150	100	confusion	confusion	NOUN
cjel-11734	150	101	and	and	CCONJ
cjel-11734	150	102	bring	bring	VERB
cjel-11734	150	103	standardization	standardization	NOUN
cjel-11734	150	104	to	to	ADP
cjel-11734	150	105	an	an	DET
cjel-11734	150	106	industry	industry	NOUN
cjel-11734	150	107	in	in	ADP
cjel-11734	150	108	need	need	NOUN
cjel-11734	150	109	,	,	PUNCT
cjel-11734	150	110	this	this	DET
cjel-11734	150	111	note	note	NOUN
cjel-11734	150	112	argues	argue	VERB
cjel-11734	150	113	that	that	SCONJ
cjel-11734	150	114	the	the	DET
cjel-11734	150	115	proposals	proposal	NOUN
cjel-11734	150	116	fall	fall	VERB
cjel-11734	150	117	short	short	ADV
cjel-11734	150	118	of	of	ADP
cjel-11734	150	119	fully	fully	ADV
cjel-11734	150	120	resolving	resolve	VERB
cjel-11734	150	121	the	the	DET
cjel-11734	150	122	esg	esg	PROPN
cjel-11734	150	123	23	23	NUM
cjel-11734	150	124	.	.	PUNCT
cjel-11734	151	1	andrew	andrew	PROPN
cjel-11734	151	2	ramonas	ramonas	PROPN
cjel-11734	151	3	,	,	PUNCT
cjel-11734	151	4	investors	investor	NOUN
cjel-11734	151	5	face	face	VERB
cjel-11734	151	6	deceptive	deceptive	ADJ
cjel-11734	151	7	esg	esg	PROPN
cjel-11734	151	8	reporting	reporting	NOUN
cjel-11734	151	9	,	,	PUNCT
cjel-11734	151	10	sec	sec	PROPN
cjel-11734	151	11	enforcement	enforcement	NOUN
cjel-11734	151	12	boss	boss	NOUN
cjel-11734	151	13	says	say	VERB
cjel-11734	151	14	,	,	PUNCT
cjel-11734	151	15	bloomberg	bloomberg	PROPN
cjel-11734	151	16	l.	l.	PROPN
cjel-11734	151	17	(	(	PUNCT
cjel-11734	151	18	feb	feb	PROPN
cjel-11734	151	19	.	.	PROPN
cjel-11734	151	20	1	1	NUM
cjel-11734	151	21	,	,	PUNCT
cjel-11734	151	22	2023	2023	NUM
cjel-11734	151	23	)	)	PUNCT
cjel-11734	151	24	.	.	PUNCT
cjel-11734	152	1	24	24	NUM
cjel-11734	152	2	.	.	PUNCT
cjel-11734	153	1	the	the	DET
cjel-11734	153	2	ceo	ceo	NOUN
cjel-11734	153	3	of	of	ADP
cjel-11734	153	4	the	the	DET
cjel-11734	153	5	industry	industry	NOUN
cjel-11734	153	6	’s	’s	PART
cjel-11734	153	7	largest	large	ADJ
cjel-11734	153	8	ratings	rating	NOUN
cjel-11734	153	9	agency	agency	NOUN
cjel-11734	153	10	conceded	concede	VERB
cjel-11734	153	11	that	that	SCONJ
cjel-11734	153	12	“	"	PUNCT
cjel-11734	153	13	ordinary	ordinary	ADJ
cjel-11734	153	14	investors	investor	NOUN
cjel-11734	153	15	piling	pile	VERB
cjel-11734	153	16	into	into	ADP
cjel-11734	153	17	[	[	X
cjel-11734	153	18	esg	esg	NOUN
cjel-11734	153	19	]	]	X
cjel-11734	153	20	funds	fund	NOUN
cjel-11734	153	21	have	have	VERB
cjel-11734	153	22	no	no	DET
cjel-11734	153	23	idea	idea	NOUN
cjel-11734	153	24	”	"	PUNCT
cjel-11734	153	25	how	how	SCONJ
cjel-11734	153	26	his	his	PRON
cjel-11734	153	27	company	company	NOUN
cjel-11734	153	28	’s	’s	PART
cjel-11734	153	29	ratings	rating	NOUN
cjel-11734	153	30	methodology	methodology	NOUN
cjel-11734	153	31	worked	work	VERB
cjel-11734	153	32	in	in	ADP
cjel-11734	153	33	that	that	SCONJ
cjel-11734	153	34	they	they	PRON
cjel-11734	153	35	do	do	AUX
cjel-11734	153	36	not	not	PART
cjel-11734	153	37	focus	focus	VERB
cjel-11734	153	38	on	on	ADP
cjel-11734	153	39	the	the	DET
cjel-11734	153	40	risk	risk	NOUN
cjel-11734	153	41	the	the	DET
cjel-11734	153	42	company	company	NOUN
cjel-11734	153	43	presents	present	VERB
cjel-11734	153	44	to	to	ADP
cjel-11734	153	45	the	the	DET
cjel-11734	153	46	world	world	NOUN
cjel-11734	153	47	,	,	PUNCT
cjel-11734	153	48	but	but	CCONJ
cjel-11734	153	49	in	in	ADP
cjel-11734	153	50	reality	reality	NOUN
cjel-11734	153	51	,	,	PUNCT
cjel-11734	153	52	the	the	DET
cjel-11734	153	53	other	other	ADJ
cjel-11734	153	54	way	way	NOUN
cjel-11734	153	55	around	around	ADV
cjel-11734	153	56	.	.	PUNCT
cjel-11734	154	1	simpson	simpson	PROPN
cjel-11734	154	2	et	et	PROPN
cjel-11734	154	3	al	al	PROPN
cjel-11734	154	4	.	.	PROPN
cjel-11734	154	5	,	,	PUNCT
cjel-11734	154	6	supra	supra	PROPN
cjel-11734	154	7	note	note	VERB
cjel-11734	154	8	13	13	NUM
cjel-11734	154	9	.	.	X
cjel-11734	154	10	25	25	NUM
cjel-11734	154	11	.	.	PUNCT
cjel-11734	155	1	millennial	millennial	ADJ
cjel-11734	155	2	interest	interest	NOUN
cjel-11734	155	3	in	in	ADP
cjel-11734	155	4	esg	esg	PROPN
cjel-11734	155	5	funds	fund	NOUN
cjel-11734	155	6	is	be	AUX
cjel-11734	155	7	explored	explore	VERB
cjel-11734	155	8	in	in	ADP
cjel-11734	155	9	further	further	ADJ
cjel-11734	155	10	depth	depth	NOUN
cjel-11734	155	11	infra	infra	NOUN
cjel-11734	155	12	part	part	NOUN
cjel-11734	155	13	ii(a)(2	ii(a)(2	NOUN
cjel-11734	155	14	)	)	PUNCT
cjel-11734	155	15	.	.	PUNCT
cjel-11734	156	1	26	26	NUM
cjel-11734	156	2	.	.	PUNCT
cjel-11734	157	1	allison	allison	PROPN
cjel-11734	157	2	h.	h.	PROPN
cjel-11734	157	3	lee	lee	PROPN
cjel-11734	157	4	,	,	PUNCT
cjel-11734	157	5	comm’r	comm’r	PROPN
cjel-11734	157	6	,	,	PUNCT
cjel-11734	157	7	sec	sec	PROPN
cjel-11734	157	8	,	,	PUNCT
cjel-11734	157	9	playing	play	VERB
cjel-11734	157	10	the	the	DET
cjel-11734	157	11	long	long	ADJ
cjel-11734	157	12	game	game	NOUN
cjel-11734	157	13	:	:	PUNCT
cjel-11734	157	14	the	the	DET
cjel-11734	157	15	intersection	intersection	NOUN
cjel-11734	157	16	of	of	ADP
cjel-11734	157	17	climate	climate	NOUN
cjel-11734	157	18	change	change	NOUN
cjel-11734	157	19	risk	risk	NOUN
cjel-11734	157	20	and	and	CCONJ
cjel-11734	157	21	financial	financial	ADJ
cjel-11734	157	22	regulation	regulation	NOUN
cjel-11734	157	23	,	,	PUNCT
cjel-11734	157	24	keynote	keynote	PROPN
cjel-11734	157	25	remarks	remark	NOUN
cjel-11734	157	26	at	at	ADP
cjel-11734	157	27	pli	pli	PROPN
cjel-11734	157	28	’s	’s	PART
cjel-11734	157	29	52nd	52nd	ADJ
cjel-11734	157	30	annual	annual	ADJ
cjel-11734	157	31	institute	institute	NOUN
cjel-11734	157	32	on	on	ADP
cjel-11734	157	33	securities	security	NOUN
cjel-11734	157	34	regulation	regulation	NOUN
cjel-11734	157	35	(	(	PUNCT
cjel-11734	157	36	nov	nov	PROPN
cjel-11734	157	37	.	.	PROPN
cjel-11734	157	38	5	5	NUM
cjel-11734	157	39	,	,	PUNCT
cjel-11734	157	40	2020	2020	NUM
cjel-11734	157	41	)	)	PUNCT
cjel-11734	157	42	(	(	PUNCT
cjel-11734	157	43	“	"	PUNCT
cjel-11734	157	44	there	there	PRON
cjel-11734	157	45	is	be	VERB
cjel-11734	157	46	really	really	ADV
cjel-11734	157	47	no	no	DET
cjel-11734	157	48	historical	historical	ADJ
cjel-11734	157	49	precedent	precedent	NOUN
cjel-11734	157	50	for	for	ADP
cjel-11734	157	51	the	the	DET
cjel-11734	157	52	magnitude	magnitude	NOUN
cjel-11734	157	53	of	of	ADP
cjel-11734	157	54	the	the	DET
cjel-11734	157	55	shift	shift	NOUN
cjel-11734	157	56	in	in	ADP
cjel-11734	157	57	investor	investor	NOUN
cjel-11734	157	58	focus	focus	NOUN
cjel-11734	157	59	that	that	SCONJ
cjel-11734	157	60	we	we	PRON
cjel-11734	157	61	’ve	’ve	AUX
cjel-11734	157	62	witnessed	witness	VERB
cjel-11734	157	63	over	over	ADP
cjel-11734	157	64	the	the	DET
cjel-11734	157	65	last	last	ADJ
cjel-11734	157	66	decade	decade	NOUN
cjel-11734	157	67	toward	toward	ADP
cjel-11734	157	68	the	the	DET
cjel-11734	157	69	analysis	analysis	NOUN
cjel-11734	157	70	and	and	CCONJ
cjel-11734	157	71	use	use	NOUN
cjel-11734	157	72	of	of	ADP
cjel-11734	157	73	climate	climate	NOUN
cjel-11734	157	74	and	and	CCONJ
cjel-11734	157	75	other	other	ADJ
cjel-11734	157	76	esg	esg	PROPN
cjel-11734	157	77	risks	risk	NOUN
cjel-11734	157	78	and	and	CCONJ
cjel-11734	157	79	impacts	impact	NOUN
cjel-11734	157	80	in	in	ADP
cjel-11734	157	81	investment	investment	NOUN
cjel-11734	157	82	decision	decision	NOUN
cjel-11734	157	83	-	-	PUNCT
cjel-11734	157	84	making	making	NOUN
cjel-11734	157	85	.	.	PUNCT
cjel-11734	157	86	”	"	PUNCT
cjel-11734	157	87	)	)	PUNCT
cjel-11734	157	88	.	.	PUNCT
cjel-11734	158	1	27	27	NUM
cjel-11734	158	2	.	.	PUNCT
cjel-11734	159	1	maitane	maitane	PROPN
cjel-11734	159	2	sardon	sardon	PROPN
cjel-11734	159	3	,	,	PUNCT
cjel-11734	159	4	a	a	DET
cjel-11734	159	5	guarded	guard	VERB
cjel-11734	159	6	generation	generation	NOUN
cjel-11734	159	7	:	:	PUNCT
cjel-11734	159	8	how	how	SCONJ
cjel-11734	159	9	millennials	millennial	NOUN
cjel-11734	159	10	view	view	VERB
cjel-11734	159	11	money	money	NOUN
cjel-11734	159	12	and	and	CCONJ
cjel-11734	159	13	investing	investing	NOUN
cjel-11734	159	14	,	,	PUNCT
cjel-11734	159	15	wall	wall	PROPN
cjel-11734	159	16	st	st	PROPN
cjel-11734	159	17	.	.	PROPN
cjel-11734	159	18	j.	j.	PROPN
cjel-11734	159	19	(	(	PUNCT
cjel-11734	159	20	mar	mar	PROPN
cjel-11734	159	21	.	.	PROPN
cjel-11734	159	22	13	13	NUM
cjel-11734	159	23	,	,	PUNCT
cjel-11734	159	24	2020	2020	NUM
cjel-11734	159	25	)	)	PUNCT
cjel-11734	159	26	,	,	PUNCT
cjel-11734	159	27	https://www.wsj.com/articles/the-recession-left-millennials-loadedwith-debtand-cynical-11583956727	https://www.wsj.com/articles/the-recession-left-millennials-loadedwith-debtand-cynical-11583956727	X
cjel-11734	160	1	[	[	X
cjel-11734	160	2	https://perma.cc/k5kt-cj34	https://perma.cc/k5kt-cj34	X
cjel-11734	160	3	]	]	PUNCT
cjel-11734	160	4	.	.	PUNCT
cjel-11734	161	1	28	28	NUM
cjel-11734	161	2	.	.	PUNCT
cjel-11734	162	1	investment	investment	NOUN
cjel-11734	162	2	company	company	NOUN
cjel-11734	162	3	names	name	NOUN
cjel-11734	162	4	,	,	PUNCT
cjel-11734	162	5	87	87	NUM
cjel-11734	162	6	fed	fed	PROPN
cjel-11734	162	7	.	.	PUNCT
cjel-11734	163	1	reg	reg	PROPN
cjel-11734	163	2	.	.	PUNCT
cjel-11734	164	1	36,594	36,594	NUM
cjel-11734	164	2	(	(	PUNCT
cjel-11734	164	3	proposed	propose	VERB
cjel-11734	164	4	june	june	PROPN
cjel-11734	164	5	16	16	NUM
cjel-11734	164	6	,	,	PUNCT
cjel-11734	164	7	2022	2022	NUM
cjel-11734	164	8	)	)	PUNCT
cjel-11734	164	9	.	.	PUNCT
cjel-11734	165	1	29	29	NUM
cjel-11734	165	2	.	.	PUNCT
cjel-11734	165	3	enhanced	enhance	VERB
cjel-11734	165	4	disclosures	disclosure	NOUN
cjel-11734	165	5	by	by	ADP
cjel-11734	165	6	certain	certain	ADJ
cjel-11734	165	7	investment	investment	NOUN
cjel-11734	165	8	advisers	adviser	NOUN
cjel-11734	165	9	and	and	CCONJ
cjel-11734	165	10	investment	investment	NOUN
cjel-11734	165	11	companies	company	NOUN
cjel-11734	165	12	about	about	ADP
cjel-11734	165	13	environmental	environmental	ADJ
cjel-11734	165	14	,	,	PUNCT
cjel-11734	165	15	social	social	ADJ
cjel-11734	165	16	,	,	PUNCT
cjel-11734	165	17	and	and	CCONJ
cjel-11734	165	18	governance	governance	NOUN
cjel-11734	165	19	investment	investment	NOUN
cjel-11734	165	20	practices	practice	NOUN
cjel-11734	165	21	,	,	PUNCT
cjel-11734	165	22	87	87	NUM
cjel-11734	165	23	fed	fed	PROPN
cjel-11734	165	24	.	.	PUNCT
cjel-11734	166	1	reg	reg	PROPN
cjel-11734	166	2	.	.	PROPN
cjel-11734	167	1	36,654	36,654	NUM
cjel-11734	167	2	(	(	PUNCT
cjel-11734	167	3	proposed	propose	VERB
cjel-11734	167	4	june	june	PROPN
cjel-11734	167	5	17	17	NUM
cjel-11734	167	6	,	,	PUNCT
cjel-11734	167	7	2022	2022	NUM
cjel-11734	167	8	)	)	PUNCT
cjel-11734	167	9	.	.	PUNCT
cjel-11734	168	1	30	30	NUM
cjel-11734	168	2	.	.	PUNCT
cjel-11734	169	1	i	i	PRON
cjel-11734	169	2	d.	d.	PROPN
cjel-11734	169	3	2023	2023	NUM
cjel-11734	169	4	]	]	PUNCT
cjel-11734	169	5	green	green	ADJ
cjel-11734	169	6	funds	fund	NOUN
cjel-11734	169	7	in	in	ADP
cjel-11734	169	8	a	a	DET
cjel-11734	169	9	gray	gray	ADJ
cjel-11734	169	10	area	area	NOUN
cjel-11734	169	11	423	423	NUM
cjel-11734	169	12	fund	fund	NOUN
cjel-11734	169	13	labeling	labeling	NOUN
cjel-11734	169	14	problem	problem	NOUN
cjel-11734	169	15	.	.	PUNCT
cjel-11734	170	1	in	in	ADP
cjel-11734	170	2	particular	particular	ADJ
cjel-11734	170	3	,	,	PUNCT
cjel-11734	170	4	this	this	DET
cjel-11734	170	5	note	note	NOUN
cjel-11734	170	6	calls	call	VERB
cjel-11734	170	7	for	for	SCONJ
cjel-11734	170	8	the	the	DET
cjel-11734	170	9	sec	sec	PROPN
cjel-11734	170	10	to	to	PART
cjel-11734	170	11	modify	modify	VERB
cjel-11734	170	12	the	the	DET
cjel-11734	170	13	names	name	NOUN
cjel-11734	170	14	rule	rule	VERB
cjel-11734	170	15	to	to	PART
cjel-11734	170	16	require	require	VERB
cjel-11734	170	17	esg	esg	PROPN
cjel-11734	170	18	funds	fund	NOUN
cjel-11734	170	19	to	to	PART
cjel-11734	170	20	invest	invest	VERB
cjel-11734	170	21	a	a	DET
cjel-11734	170	22	higher	high	ADJ
cjel-11734	170	23	percentage	percentage	NOUN
cjel-11734	170	24	of	of	ADP
cjel-11734	170	25	their	their	PRON
cjel-11734	170	26	assets	asset	NOUN
cjel-11734	170	27	in	in	ADP
cjel-11734	170	28	securities	security	NOUN
cjel-11734	170	29	that	that	PRON
cjel-11734	170	30	comply	comply	VERB
cjel-11734	170	31	with	with	ADP
cjel-11734	170	32	their	their	PRON
cjel-11734	170	33	investment	investment	NOUN
cjel-11734	170	34	strategies	strategy	NOUN
cjel-11734	170	35	than	than	SCONJ
cjel-11734	170	36	is	be	AUX
cjel-11734	170	37	required	require	VERB
cjel-11734	170	38	under	under	ADP
cjel-11734	170	39	the	the	DET
cjel-11734	170	40	current	current	ADJ
cjel-11734	170	41	80	80	NUM
cjel-11734	170	42	%	%	NOUN
cjel-11734	170	43	threshold	threshold	NOUN
cjel-11734	170	44	.	.	PUNCT
cjel-11734	171	1	specifically	specifically	ADV
cjel-11734	171	2	,	,	PUNCT
cjel-11734	171	3	under	under	ADP
cjel-11734	171	4	the	the	DET
cjel-11734	171	5	sec	sec	PROPN
cjel-11734	171	6	’s	’s	PART
cjel-11734	171	7	proposed	propose	VERB
cjel-11734	171	8	taxonomy	taxonomy	NOUN
cjel-11734	171	9	,	,	PUNCT
cjel-11734	171	10	“	"	PUNCT
cjel-11734	171	11	esgfocused	esgfocuse	VERB
cjel-11734	171	12	”	"	PUNCT
cjel-11734	171	13	and	and	CCONJ
cjel-11734	171	14	“	"	PUNCT
cjel-11734	171	15	impact	impact	NOUN
cjel-11734	171	16	”	"	PUNCT
cjel-11734	171	17	funds31	funds31	NOUN
cjel-11734	171	18	should	should	AUX
cjel-11734	171	19	face	face	VERB
cjel-11734	171	20	a	a	DET
cjel-11734	171	21	more	more	ADV
cjel-11734	171	22	stringent	stringent	ADJ
cjel-11734	171	23	investment	investment	NOUN
cjel-11734	171	24	allocation	allocation	NOUN
cjel-11734	171	25	requirement	requirement	NOUN
cjel-11734	171	26	than	than	ADP
cjel-11734	171	27	80	80	NUM
cjel-11734	171	28	%	%	NOUN
cjel-11734	171	29	.	.	PUNCT
cjel-11734	172	1	to	to	PART
cjel-11734	172	2	further	far	ADV
cjel-11734	172	3	ease	ease	VERB
cjel-11734	172	4	investors	investor	NOUN
cjel-11734	172	5	’	'	PUNCT
cjel-11734	172	6	task	task	NOUN
cjel-11734	172	7	of	of	ADP
cjel-11734	172	8	identifying	identify	VERB
cjel-11734	172	9	which	which	DET
cjel-11734	172	10	funds	fund	NOUN
cjel-11734	172	11	align	align	VERB
cjel-11734	172	12	with	with	ADP
cjel-11734	172	13	their	their	PRON
cjel-11734	172	14	investing	investing	NOUN
cjel-11734	172	15	objective	objective	NOUN
cjel-11734	172	16	,	,	PUNCT
cjel-11734	172	17	this	this	DET
cjel-11734	172	18	note	note	NOUN
cjel-11734	172	19	proposes	propose	VERB
cjel-11734	172	20	that	that	SCONJ
cjel-11734	172	21	all	all	DET
cjel-11734	172	22	esg	esg	NOUN
cjel-11734	172	23	funds	fund	NOUN
cjel-11734	172	24	should	should	AUX
cjel-11734	172	25	be	be	AUX
cjel-11734	172	26	required	require	VERB
cjel-11734	172	27	to	to	PART
cjel-11734	172	28	include	include	VERB
cjel-11734	172	29	a	a	DET
cjel-11734	172	30	label	label	NOUN
cjel-11734	172	31	in	in	ADP
cjel-11734	172	32	their	their	PRON
cjel-11734	172	33	names32	names32	NOUN
cjel-11734	172	34	to	to	PART
cjel-11734	172	35	quickly	quickly	ADV
cjel-11734	172	36	inform	inform	VERB
cjel-11734	172	37	investors	investor	NOUN
cjel-11734	172	38	of	of	ADP
cjel-11734	172	39	the	the	DET
cjel-11734	172	40	extent	extent	NOUN
cjel-11734	172	41	to	to	PART
cjel-11734	172	42	which	which	PRON
cjel-11734	172	43	the	the	DET
cjel-11734	172	44	fund	fund	NOUN
cjel-11734	172	45	uses	use	VERB
cjel-11734	172	46	esg	esg	NOUN
cjel-11734	172	47	factors	factor	NOUN
cjel-11734	172	48	in	in	ADP
cjel-11734	172	49	its	its	PRON
cjel-11734	172	50	investment	investment	NOUN
cjel-11734	172	51	selection	selection	NOUN
cjel-11734	172	52	processes	process	NOUN
cjel-11734	172	53	.	.	PUNCT
cjel-11734	173	1	this	this	DET
cjel-11734	173	2	note	note	NOUN
cjel-11734	173	3	proceeds	proceed	VERB
cjel-11734	173	4	in	in	ADP
cjel-11734	173	5	three	three	NUM
cjel-11734	173	6	parts	part	NOUN
cjel-11734	173	7	.	.	PUNCT
cjel-11734	174	1	first	first	ADV
cjel-11734	174	2	,	,	PUNCT
cjel-11734	174	3	part	part	NOUN
cjel-11734	174	4	ii	ii	PROPN
cjel-11734	174	5	will	will	AUX
cjel-11734	174	6	provide	provide	VERB
cjel-11734	174	7	context	context	NOUN
cjel-11734	174	8	on	on	ADP
cjel-11734	174	9	the	the	DET
cjel-11734	174	10	esg	esg	PROPN
cjel-11734	174	11	fund	fund	NOUN
cjel-11734	174	12	landscape	landscape	NOUN
cjel-11734	174	13	,	,	PUNCT
cjel-11734	174	14	including	include	VERB
cjel-11734	174	15	the	the	DET
cjel-11734	174	16	retail	retail	ADJ
cjel-11734	174	17	investor	investor	NOUN
cjel-11734	174	18	base	base	NOUN
cjel-11734	174	19	’s	’s	PART
cjel-11734	174	20	interest	interest	NOUN
cjel-11734	174	21	in	in	ADP
cjel-11734	174	22	esg	esg	PROPN
cjel-11734	174	23	investing	investing	PROPN
cjel-11734	174	24	,	,	PUNCT
cjel-11734	174	25	the	the	DET
cjel-11734	174	26	different	different	ADJ
cjel-11734	174	27	types	type	NOUN
cjel-11734	174	28	of	of	ADP
cjel-11734	174	29	esg	esg	PROPN
cjel-11734	174	30	investing	investing	NOUN
cjel-11734	174	31	strategies	strategy	NOUN
cjel-11734	174	32	,	,	PUNCT
cjel-11734	174	33	and	and	CCONJ
cjel-11734	174	34	key	key	ADJ
cjel-11734	174	35	features	feature	NOUN
cjel-11734	174	36	of	of	ADP
cjel-11734	174	37	the	the	DET
cjel-11734	174	38	sec	sec	PROPN
cjel-11734	174	39	’s	’s	PART
cjel-11734	174	40	may	may	AUX
cjel-11734	174	41	2022	2022	NUM
cjel-11734	174	42	proposed	propose	VERB
cjel-11734	174	43	rules	rule	NOUN
cjel-11734	174	44	.	.	PUNCT
cjel-11734	175	1	building	build	VERB
cjel-11734	175	2	on	on	ADP
cjel-11734	175	3	this	this	DET
cjel-11734	175	4	background	background	NOUN
cjel-11734	175	5	,	,	PUNCT
cjel-11734	175	6	part	part	NOUN
cjel-11734	175	7	iii	iii	X
cjel-11734	175	8	will	will	AUX
cjel-11734	175	9	analyze	analyze	VERB
cjel-11734	175	10	data	datum	NOUN
cjel-11734	175	11	collected	collect	VERB
cjel-11734	175	12	from	from	ADP
cjel-11734	175	13	the	the	DET
cjel-11734	175	14	summary	summary	NOUN
cjel-11734	175	15	prospectuses	prospectus	NOUN
cjel-11734	175	16	of	of	ADP
cjel-11734	175	17	the	the	DET
cjel-11734	175	18	leading	lead	VERB
cjel-11734	175	19	esg	esg	PROPN
cjel-11734	175	20	mutual	mutual	ADJ
cjel-11734	175	21	funds	fund	NOUN
cjel-11734	175	22	and	and	CCONJ
cjel-11734	175	23	etfs	etfs	PROPN
cjel-11734	175	24	to	to	PART
cjel-11734	175	25	examine	examine	VERB
cjel-11734	175	26	the	the	DET
cjel-11734	175	27	esg	esg	PROPN
cjel-11734	175	28	fund	fund	PROPN
cjel-11734	175	29	labeling	labeling	NOUN
cjel-11734	175	30	problem	problem	NOUN
cjel-11734	175	31	in	in	ADP
cjel-11734	175	32	action	action	NOUN
cjel-11734	175	33	,	,	PUNCT
cjel-11734	175	34	and	and	CCONJ
cjel-11734	175	35	how	how	SCONJ
cjel-11734	175	36	the	the	DET
cjel-11734	175	37	sec	sec	PROPN
cjel-11734	175	38	’s	’s	PART
cjel-11734	175	39	proposals	proposal	NOUN
cjel-11734	175	40	would	would	AUX
cjel-11734	175	41	(	(	PUNCT
cjel-11734	175	42	or	or	CCONJ
cjel-11734	175	43	would	would	AUX
cjel-11734	175	44	not	not	PART
cjel-11734	175	45	)	)	PUNCT
cjel-11734	175	46	impact	impact	VERB
cjel-11734	175	47	the	the	DET
cjel-11734	175	48	status	status	NOUN
cjel-11734	175	49	quo	quo	NOUN
cjel-11734	175	50	.	.	PUNCT
cjel-11734	176	1	then	then	ADV
cjel-11734	176	2	,	,	PUNCT
cjel-11734	176	3	after	after	ADP
cjel-11734	176	4	providing	provide	VERB
cjel-11734	176	5	insights	insight	NOUN
cjel-11734	176	6	on	on	ADP
cjel-11734	176	7	retail	retail	ADJ
cjel-11734	176	8	investors	investor	NOUN
cjel-11734	176	9	’	’	PART
cjel-11734	176	10	habits	habit	NOUN
cjel-11734	176	11	and	and	CCONJ
cjel-11734	176	12	preferences	preference	NOUN
cjel-11734	176	13	,	,	PUNCT
cjel-11734	176	14	part	part	NOUN
cjel-11734	176	15	iii	iii	NOUN
cjel-11734	176	16	will	will	AUX
cjel-11734	176	17	show	show	VERB
cjel-11734	176	18	how	how	SCONJ
cjel-11734	176	19	the	the	DET
cjel-11734	176	20	sec	sec	PROPN
cjel-11734	176	21	’s	’s	PART
cjel-11734	176	22	proposed	propose	VERB
cjel-11734	176	23	rules	rule	NOUN
cjel-11734	176	24	do	do	AUX
cjel-11734	176	25	not	not	PART
cjel-11734	176	26	fully	fully	ADV
cjel-11734	176	27	resolve	resolve	VERB
cjel-11734	176	28	the	the	DET
cjel-11734	176	29	esg	esg	PROPN
cjel-11734	176	30	fund	fund	PROPN
cjel-11734	176	31	labeling	labeling	NOUN
cjel-11734	176	32	problem	problem	NOUN
cjel-11734	176	33	.	.	PUNCT
cjel-11734	177	1	part	part	NOUN
cjel-11734	177	2	iv	iv	PRON
cjel-11734	177	3	will	will	AUX
cjel-11734	177	4	then	then	ADV
cjel-11734	177	5	suggest	suggest	VERB
cjel-11734	177	6	ways	way	NOUN
cjel-11734	177	7	the	the	DET
cjel-11734	177	8	sec	sec	PROPN
cjel-11734	177	9	can	can	AUX
cjel-11734	177	10	modify	modify	VERB
cjel-11734	177	11	its	its	PRON
cjel-11734	177	12	proposals	proposal	NOUN
cjel-11734	177	13	to	to	PART
cjel-11734	177	14	ensure	ensure	VERB
cjel-11734	177	15	funds	fund	NOUN
cjel-11734	177	16	are	be	AUX
cjel-11734	177	17	investing	invest	VERB
cjel-11734	177	18	and	and	CCONJ
cjel-11734	177	19	disclosing	disclose	VERB
cjel-11734	177	20	in	in	ADP
cjel-11734	177	21	ways	way	NOUN
cjel-11734	177	22	that	that	PRON
cjel-11734	177	23	align	align	VERB
cjel-11734	177	24	with	with	ADP
cjel-11734	177	25	their	their	PRON
cjel-11734	177	26	names	name	NOUN
cjel-11734	177	27	and	and	CCONJ
cjel-11734	177	28	investors	investor	NOUN
cjel-11734	177	29	’	’	PART
cjel-11734	177	30	expectations	expectation	NOUN
cjel-11734	177	31	.	.	PUNCT
cjel-11734	178	1	just	just	ADV
cjel-11734	178	2	as	as	SCONJ
cjel-11734	178	3	consumers	consumer	NOUN
cjel-11734	178	4	can	can	AUX
cjel-11734	178	5	not	not	PART
cjel-11734	178	6	determine	determine	VERB
cjel-11734	178	7	which	which	DET
cjel-11734	178	8	cereal	cereal	NOUN
cjel-11734	178	9	best	well	ADV
cjel-11734	178	10	matches	match	VERB
cjel-11734	178	11	their	their	PRON
cjel-11734	178	12	dietary	dietary	ADJ
cjel-11734	178	13	goals	goal	NOUN
cjel-11734	178	14	without	without	ADP
cjel-11734	178	15	understanding	understand	VERB
cjel-11734	178	16	the	the	DET
cjel-11734	178	17	nutritional	nutritional	ADJ
cjel-11734	178	18	information	information	NOUN
cjel-11734	178	19	on	on	ADP
cjel-11734	178	20	the	the	DET
cjel-11734	178	21	cereal	cereal	NOUN
cjel-11734	178	22	box	box	PROPN
cjel-11734	178	23	,	,	PUNCT
cjel-11734	178	24	investors	investor	NOUN
cjel-11734	178	25	can	can	AUX
cjel-11734	178	26	not	not	PART
cjel-11734	178	27	understand	understand	VERB
cjel-11734	178	28	which	which	PRON
cjel-11734	178	29	esg	esg	NOUN
cjel-11734	178	30	funds	fund	NOUN
cjel-11734	178	31	best	well	ADV
cjel-11734	178	32	achieve	achieve	VERB
cjel-11734	178	33	their	their	PRON
cjel-11734	178	34	investment	investment	NOUN
cjel-11734	178	35	objectives	objective	NOUN
cjel-11734	178	36	without	without	ADP
cjel-11734	178	37	more	more	ADJ
cjel-11734	178	38	clarity	clarity	NOUN
cjel-11734	178	39	.	.	PUNCT
cjel-11734	179	1	ii	ii	PROPN
cjel-11734	179	2	.	.	PUNCT
cjel-11734	180	1	esg	esg	PROPN
cjel-11734	180	2	funds	fund	NOUN
cjel-11734	180	3	,	,	PUNCT
cjel-11734	180	4	retail	retail	ADJ
cjel-11734	180	5	investors	investor	NOUN
cjel-11734	180	6	,	,	PUNCT
cjel-11734	180	7	and	and	CCONJ
cjel-11734	180	8	the	the	DET
cjel-11734	180	9	sec	sec	PROPN
cjel-11734	180	10	’s	’s	PART
cjel-11734	180	11	regulation	regulation	NOUN
cjel-11734	180	12	of	of	ADP
cjel-11734	180	13	openend	openend	ADJ
cjel-11734	180	14	funds	fund	NOUN
cjel-11734	180	15	given	give	VERB
cjel-11734	180	16	the	the	DET
cjel-11734	180	17	rapid	rapid	ADJ
cjel-11734	180	18	growth	growth	NOUN
cjel-11734	180	19	and	and	CCONJ
cjel-11734	180	20	popularity	popularity	NOUN
cjel-11734	180	21	of	of	ADP
cjel-11734	180	22	esg	esg	PROPN
cjel-11734	180	23	investing	investing	NOUN
cjel-11734	180	24	,	,	PUNCT
cjel-11734	180	25	esg	esg	PROPN
cjel-11734	180	26	funds	fund	NOUN
cjel-11734	180	27	have	have	AUX
cjel-11734	180	28	outgrown	outgrow	VERB
cjel-11734	180	29	the	the	DET
cjel-11734	180	30	pre	pre	ADJ
cjel-11734	180	31	-	-	ADJ
cjel-11734	180	32	existing	exist	VERB
cjel-11734	180	33	regulatory	regulatory	ADJ
cjel-11734	180	34	framework	framework	NOUN
cjel-11734	180	35	,	,	PUNCT
cjel-11734	180	36	leading	lead	VERB
cjel-11734	180	37	to	to	ADP
cjel-11734	180	38	a	a	DET
cjel-11734	180	39	31	31	NUM
cjel-11734	180	40	.	.	PUNCT
cjel-11734	181	1	under	under	ADP
cjel-11734	181	2	the	the	DET
cjel-11734	181	3	sec	sec	PROPN
cjel-11734	181	4	’s	’s	PART
cjel-11734	181	5	proposals	proposal	NOUN
cjel-11734	181	6	,	,	PUNCT
cjel-11734	181	7	esg	esg	PROPN
cjel-11734	181	8	-	-	PUNCT
cjel-11734	181	9	focused	focus	VERB
cjel-11734	181	10	and	and	CCONJ
cjel-11734	181	11	impact	impact	NOUN
cjel-11734	181	12	funds	fund	NOUN
cjel-11734	181	13	use	use	VERB
cjel-11734	181	14	esg	esg	NOUN
cjel-11734	181	15	factors	factor	NOUN
cjel-11734	181	16	as	as	ADP
cjel-11734	181	17	a	a	DET
cjel-11734	181	18	“	"	PUNCT
cjel-11734	181	19	significant	significant	ADJ
cjel-11734	181	20	or	or	CCONJ
cjel-11734	181	21	main	main	ADJ
cjel-11734	181	22	consideration	consideration	NOUN
cjel-11734	181	23	in	in	ADP
cjel-11734	181	24	selecting	select	VERB
cjel-11734	181	25	investments	investment	NOUN
cjel-11734	181	26	or	or	CCONJ
cjel-11734	181	27	in	in	ADP
cjel-11734	181	28	engaging	engage	VERB
cjel-11734	181	29	with	with	ADP
cjel-11734	181	30	portfolio	portfolio	NOUN
cjel-11734	181	31	companies	company	NOUN
cjel-11734	181	32	.	.	PUNCT
cjel-11734	181	33	”	"	PUNCT
cjel-11734	182	1	enhanced	enhance	VERB
cjel-11734	182	2	disclosures	disclosure	NOUN
cjel-11734	182	3	by	by	ADP
cjel-11734	182	4	certain	certain	ADJ
cjel-11734	182	5	investment	investment	NOUN
cjel-11734	182	6	advisers	adviser	NOUN
cjel-11734	182	7	and	and	CCONJ
cjel-11734	182	8	investment	investment	NOUN
cjel-11734	182	9	companies	company	NOUN
cjel-11734	182	10	about	about	ADP
cjel-11734	182	11	environmental	environmental	ADJ
cjel-11734	182	12	,	,	PUNCT
cjel-11734	182	13	social	social	ADJ
cjel-11734	182	14	,	,	PUNCT
cjel-11734	182	15	and	and	CCONJ
cjel-11734	182	16	governance	governance	NOUN
cjel-11734	182	17	investment	investment	NOUN
cjel-11734	182	18	practices	practice	NOUN
cjel-11734	182	19	,	,	PUNCT
cjel-11734	182	20	87	87	NUM
cjel-11734	182	21	fed	fed	PROPN
cjel-11734	182	22	.	.	PUNCT
cjel-11734	183	1	reg	reg	PROPN
cjel-11734	183	2	.	.	PROPN
cjel-11734	183	3	36,654	36,654	NUM
cjel-11734	183	4	,	,	PUNCT
cjel-11734	183	5	36,657	36,657	NUM
cjel-11734	183	6	(	(	PUNCT
cjel-11734	183	7	proposed	propose	VERB
cjel-11734	183	8	june	june	PROPN
cjel-11734	183	9	17	17	NUM
cjel-11734	183	10	,	,	PUNCT
cjel-11734	183	11	2022	2022	NUM
cjel-11734	183	12	)	)	PUNCT
cjel-11734	183	13	.	.	PUNCT
cjel-11734	184	1	32	32	NUM
cjel-11734	184	2	.	.	PUNCT
cjel-11734	185	1	specifically	specifically	ADV
cjel-11734	185	2	,	,	PUNCT
cjel-11734	185	3	the	the	DET
cjel-11734	185	4	labels	label	NOUN
cjel-11734	185	5	should	should	AUX
cjel-11734	185	6	be	be	AUX
cjel-11734	185	7	the	the	DET
cjel-11734	185	8	names	name	NOUN
cjel-11734	185	9	of	of	ADP
cjel-11734	185	10	the	the	DET
cjel-11734	185	11	categories	category	NOUN
cjel-11734	185	12	of	of	ADP
cjel-11734	185	13	esg	esg	PROPN
cjel-11734	185	14	funds	fund	NOUN
cjel-11734	185	15	developed	develop	VERB
cjel-11734	185	16	under	under	ADP
cjel-11734	185	17	the	the	DET
cjel-11734	185	18	sec	sec	PROPN
cjel-11734	185	19	’s	’s	PART
cjel-11734	185	20	may	may	AUX
cjel-11734	185	21	2022	2022	NUM
cjel-11734	185	22	proposed	propose	VERB
cjel-11734	185	23	rules	rule	NOUN
cjel-11734	185	24	.	.	PUNCT
cjel-11734	186	1	424	424	NUM
cjel-11734	186	2	columbia	columbia	PROPN
cjel-11734	186	3	journal	journal	PROPN
cjel-11734	186	4	of	of	ADP
cjel-11734	186	5	environmental	environmental	ADJ
cjel-11734	186	6	law	law	NOUN
cjel-11734	186	7	[	[	X
cjel-11734	186	8	vol.48:2	vol.48:2	NOUN
cjel-11734	186	9	confusing	confuse	VERB
cjel-11734	186	10	environment	environment	NOUN
cjel-11734	186	11	where	where	SCONJ
cjel-11734	186	12	funds	fund	NOUN
cjel-11734	186	13	are	be	AUX
cjel-11734	186	14	using	use	VERB
cjel-11734	186	15	esg	esg	NOUN
cjel-11734	186	16	terminology	terminology	NOUN
cjel-11734	186	17	without	without	ADP
cjel-11734	186	18	providing	provide	VERB
cjel-11734	186	19	much	much	ADJ
cjel-11734	186	20	clarity	clarity	NOUN
cjel-11734	186	21	on	on	ADP
cjel-11734	186	22	what	what	PRON
cjel-11734	186	23	it	it	PRON
cjel-11734	186	24	means.33	means.33	VERB
cjel-11734	186	25	part	part	NOUN
cjel-11734	186	26	ii(a	ii(a	NOUN
cjel-11734	186	27	)	)	PUNCT
cjel-11734	186	28	examines	examine	VERB
cjel-11734	186	29	the	the	DET
cjel-11734	186	30	history	history	NOUN
cjel-11734	186	31	and	and	CCONJ
cjel-11734	186	32	growth	growth	NOUN
cjel-11734	186	33	of	of	ADP
cjel-11734	186	34	the	the	DET
cjel-11734	186	35	esg	esg	PROPN
cjel-11734	186	36	movement	movement	NOUN
cjel-11734	186	37	to	to	PART
cjel-11734	186	38	show	show	VERB
cjel-11734	186	39	how	how	SCONJ
cjel-11734	186	40	the	the	DET
cjel-11734	186	41	sector	sector	NOUN
cjel-11734	186	42	came	come	VERB
cjel-11734	186	43	to	to	PART
cjel-11734	186	44	be	be	AUX
cjel-11734	186	45	the	the	DET
cjel-11734	186	46	all	all	ADV
cjel-11734	186	47	-	-	PUNCT
cjel-11734	186	48	encompassing	encompass	VERB
cjel-11734	186	49	umbrella	umbrella	NOUN
cjel-11734	186	50	it	it	PRON
cjel-11734	186	51	is	be	AUX
cjel-11734	186	52	today	today	NOUN
cjel-11734	186	53	.	.	PUNCT
cjel-11734	187	1	part	part	NOUN
cjel-11734	187	2	ii(b	ii(b	PUNCT
cjel-11734	187	3	)	)	PUNCT
cjel-11734	187	4	then	then	ADV
cjel-11734	187	5	provides	provide	VERB
cjel-11734	187	6	demographic	demographic	ADJ
cjel-11734	187	7	information	information	NOUN
cjel-11734	187	8	on	on	ADP
cjel-11734	187	9	the	the	DET
cjel-11734	187	10	retail	retail	ADJ
cjel-11734	187	11	investors	investor	NOUN
cjel-11734	187	12	and	and	CCONJ
cjel-11734	187	13	millennials	millennial	NOUN
cjel-11734	187	14	who	who	PRON
cjel-11734	187	15	are	be	AUX
cjel-11734	187	16	driving	drive	VERB
cjel-11734	187	17	retail	retail	ADJ
cjel-11734	187	18	investor	investor	NOUN
cjel-11734	187	19	interest	interest	NOUN
cjel-11734	187	20	in	in	ADP
cjel-11734	187	21	esg	esg	PROPN
cjel-11734	187	22	investing	investing	NOUN
cjel-11734	187	23	.	.	PUNCT
cjel-11734	188	1	then	then	ADV
cjel-11734	188	2	,	,	PUNCT
cjel-11734	188	3	part	part	NOUN
cjel-11734	188	4	ii(c	ii(c	NOUN
cjel-11734	188	5	)	)	PUNCT
cjel-11734	188	6	describes	describe	VERB
cjel-11734	188	7	the	the	DET
cjel-11734	188	8	sec	sec	PROPN
cjel-11734	188	9	’s	’s	PART
cjel-11734	188	10	current	current	ADJ
cjel-11734	188	11	regulations	regulation	NOUN
cjel-11734	188	12	for	for	ADP
cjel-11734	188	13	open	open	ADJ
cjel-11734	188	14	-	-	PUNCT
cjel-11734	188	15	end	end	NOUN
cjel-11734	188	16	fund	fund	NOUN
cjel-11734	188	17	disclosures	disclosure	NOUN
cjel-11734	188	18	and	and	CCONJ
cjel-11734	188	19	fund	fund	NOUN
cjel-11734	188	20	names	name	NOUN
cjel-11734	188	21	,	,	PUNCT
cjel-11734	188	22	breaks	break	VERB
cjel-11734	188	23	down	down	ADP
cjel-11734	188	24	the	the	DET
cjel-11734	188	25	proposed	propose	VERB
cjel-11734	188	26	regulations	regulation	NOUN
cjel-11734	188	27	from	from	ADP
cjel-11734	188	28	may	may	PROPN
cjel-11734	188	29	2022	2022	NUM
cjel-11734	188	30	,	,	PUNCT
cjel-11734	188	31	and	and	CCONJ
cjel-11734	188	32	highlights	highlight	VERB
cjel-11734	188	33	the	the	DET
cjel-11734	188	34	names	name	NOUN
cjel-11734	188	35	rule	rule	NOUN
cjel-11734	188	36	,	,	PUNCT
cjel-11734	188	37	which	which	PRON
cjel-11734	188	38	plays	play	VERB
cjel-11734	188	39	a	a	DET
cjel-11734	188	40	key	key	ADJ
cjel-11734	188	41	role	role	NOUN
cjel-11734	188	42	in	in	ADP
cjel-11734	188	43	one	one	NUM
cjel-11734	188	44	of	of	ADP
cjel-11734	188	45	the	the	DET
cjel-11734	188	46	sec	sec	PROPN
cjel-11734	188	47	’s	’s	PART
cjel-11734	188	48	may	may	AUX
cjel-11734	188	49	2022	2022	NUM
cjel-11734	188	50	proposed	propose	VERB
cjel-11734	188	51	rules	rule	NOUN
cjel-11734	188	52	.	.	PUNCT
cjel-11734	189	1	a.	a.	NOUN
cjel-11734	189	2	the	the	DET
cjel-11734	189	3	esg	esg	PROPN
cjel-11734	189	4	fund	fund	NOUN
cjel-11734	189	5	landscape	landscape	NOUN
cjel-11734	189	6	before	before	ADP
cjel-11734	189	7	examining	examine	VERB
cjel-11734	189	8	the	the	DET
cjel-11734	189	9	size	size	NOUN
cjel-11734	189	10	and	and	CCONJ
cjel-11734	189	11	scope	scope	NOUN
cjel-11734	189	12	of	of	ADP
cjel-11734	189	13	today	today	NOUN
cjel-11734	189	14	’s	’s	PART
cjel-11734	189	15	esg	esg	PROPN
cjel-11734	189	16	fund	fund	PROPN
cjel-11734	189	17	universe	universe	NOUN
cjel-11734	189	18	,	,	PUNCT
cjel-11734	189	19	this	this	DET
cjel-11734	189	20	section	section	NOUN
cjel-11734	189	21	briefly	briefly	ADV
cjel-11734	189	22	covers	cover	VERB
cjel-11734	189	23	the	the	DET
cjel-11734	189	24	history	history	NOUN
cjel-11734	189	25	of	of	ADP
cjel-11734	189	26	the	the	DET
cjel-11734	189	27	esg	esg	PROPN
cjel-11734	189	28	movement	movement	NOUN
cjel-11734	189	29	to	to	PART
cjel-11734	189	30	provide	provide	VERB
cjel-11734	189	31	the	the	DET
cjel-11734	189	32	necessary	necessary	ADJ
cjel-11734	189	33	context34	context34	NOUN
cjel-11734	189	34	to	to	PART
cjel-11734	189	35	understand	understand	VERB
cjel-11734	189	36	how	how	SCONJ
cjel-11734	189	37	the	the	DET
cjel-11734	189	38	sector	sector	NOUN
cjel-11734	189	39	expanded	expand	VERB
cjel-11734	189	40	from	from	ADP
cjel-11734	189	41	its	its	PRON
cjel-11734	189	42	roots	root	NOUN
cjel-11734	189	43	to	to	PART
cjel-11734	189	44	become	become	VERB
cjel-11734	189	45	the	the	DET
cjel-11734	189	46	sprawling	sprawling	NOUN
cjel-11734	189	47	,	,	PUNCT
cjel-11734	189	48	diverse	diverse	ADJ
cjel-11734	189	49	,	,	PUNCT
cjel-11734	189	50	and	and	CCONJ
cjel-11734	189	51	confusing	confuse	VERB
cjel-11734	189	52	behemoth	behemoth	NOUN
cjel-11734	189	53	it	it	PRON
cjel-11734	189	54	is	be	AUX
cjel-11734	189	55	today	today	NOUN
cjel-11734	189	56	.	.	PUNCT
cjel-11734	190	1	the	the	DET
cjel-11734	190	2	rapid	rapid	ADJ
cjel-11734	190	3	growth	growth	NOUN
cjel-11734	190	4	of	of	ADP
cjel-11734	190	5	the	the	DET
cjel-11734	190	6	esg	esg	NOUN
cjel-11734	190	7	industry	industry	NOUN
cjel-11734	190	8	,	,	PUNCT
cjel-11734	190	9	along	along	ADP
cjel-11734	190	10	with	with	ADP
cjel-11734	190	11	the	the	DET
cjel-11734	190	12	increasing	increase	VERB
cjel-11734	190	13	number	number	NOUN
cjel-11734	190	14	of	of	ADP
cjel-11734	190	15	interests	interest	NOUN
cjel-11734	190	16	that	that	PRON
cjel-11734	190	17	fall	fall	VERB
cjel-11734	190	18	under	under	ADP
cjel-11734	190	19	the	the	DET
cjel-11734	190	20	esg	esg	NOUN
cjel-11734	190	21	umbrella	umbrella	NOUN
cjel-11734	190	22	,	,	PUNCT
cjel-11734	190	23	has	have	AUX
cjel-11734	190	24	led	lead	VERB
cjel-11734	190	25	to	to	ADP
cjel-11734	190	26	a	a	DET
cjel-11734	190	27	status	status	NOUN
cjel-11734	190	28	quo	quo	NOUN
cjel-11734	190	29	in	in	ADP
cjel-11734	190	30	which	which	PRON
cjel-11734	190	31	the	the	DET
cjel-11734	190	32	esg	esg	PROPN
cjel-11734	190	33	label	label	NOUN
cjel-11734	190	34	could	could	AUX
cjel-11734	190	35	mean	mean	VERB
cjel-11734	190	36	one	one	NUM
cjel-11734	190	37	of	of	ADP
cjel-11734	190	38	several	several	ADJ
cjel-11734	190	39	different	different	ADJ
cjel-11734	190	40	things	thing	NOUN
cjel-11734	190	41	,	,	PUNCT
cjel-11734	190	42	which	which	PRON
cjel-11734	190	43	can	can	AUX
cjel-11734	190	44	confuse	confuse	VERB
cjel-11734	190	45	investors35	investors35	ADJ
cjel-11734	190	46	and	and	CCONJ
cjel-11734	190	47	hinder	hinder	PROPN
cjel-11734	190	48	esg	esg	PROPN
cjel-11734	190	49	causes	cause	NOUN
cjel-11734	190	50	.	.	PUNCT
cjel-11734	191	1	1	1	X
cjel-11734	191	2	.	.	X
cjel-11734	191	3	from	from	ADP
cjel-11734	191	4	sri	sri	PROPN
cjel-11734	191	5	to	to	ADP
cjel-11734	191	6	esg	esg	PROPN
cjel-11734	191	7	the	the	DET
cjel-11734	191	8	tradition	tradition	NOUN
cjel-11734	191	9	of	of	ADP
cjel-11734	191	10	selective	selective	ADJ
cjel-11734	191	11	investing	investing	NOUN
cjel-11734	191	12	was	be	AUX
cjel-11734	191	13	originally	originally	ADV
cjel-11734	191	14	started	start	VERB
cjel-11734	191	15	by	by	ADP
cjel-11734	191	16	religious	religious	ADJ
cjel-11734	191	17	groups	group	NOUN
cjel-11734	191	18	to	to	PART
cjel-11734	191	19	avoid	avoid	VERB
cjel-11734	191	20	businesses	business	NOUN
cjel-11734	191	21	that	that	PRON
cjel-11734	191	22	conflicted	conflict	VERB
cjel-11734	191	23	with	with	ADP
cjel-11734	191	24	their	their	PRON
cjel-11734	191	25	beliefs	belief	NOUN
cjel-11734	191	26	and	and	CCONJ
cjel-11734	191	27	values.36	values.36	NOUN
cjel-11734	191	28	during	during	ADP
cjel-11734	191	29	the	the	DET
cjel-11734	191	30	late	late	ADJ
cjel-11734	191	31	1960s	1960	NOUN
cjel-11734	191	32	,	,	PUNCT
cjel-11734	191	33	the	the	DET
cjel-11734	191	34	socially	socially	ADV
cjel-11734	191	35	responsible	responsible	ADJ
cjel-11734	191	36	33	33	NUM
cjel-11734	191	37	.	.	PUNCT
cjel-11734	192	1	as	as	ADP
cjel-11734	192	2	a	a	DET
cjel-11734	192	3	result	result	NOUN
cjel-11734	192	4	of	of	ADP
cjel-11734	192	5	the	the	DET
cjel-11734	192	6	lack	lack	NOUN
cjel-11734	192	7	of	of	ADP
cjel-11734	192	8	industry	industry	NOUN
cjel-11734	192	9	clarity	clarity	NOUN
cjel-11734	192	10	,	,	PUNCT
cjel-11734	192	11	“	"	PUNCT
cjel-11734	192	12	etf	etf	NOUN
cjel-11734	192	13	investors	investor	NOUN
cjel-11734	192	14	are	be	AUX
cjel-11734	192	15	left	leave	VERB
cjel-11734	192	16	with	with	ADP
cjel-11734	192	17	cornucopia	cornucopia	NOUN
cjel-11734	192	18	of	of	ADP
cjel-11734	192	19	product	product	NOUN
cjel-11734	192	20	choice	choice	NOUN
cjel-11734	192	21	with	with	ADP
cjel-11734	192	22	very	very	ADV
cjel-11734	192	23	little	little	ADJ
cjel-11734	192	24	(	(	PUNCT
cjel-11734	192	25	if	if	SCONJ
cjel-11734	192	26	any	any	PRON
cjel-11734	192	27	)	)	PUNCT
cjel-11734	192	28	standardized	standardized	ADJ
cjel-11734	192	29	means	mean	NOUN
cjel-11734	192	30	of	of	ADP
cjel-11734	192	31	making	make	VERB
cjel-11734	192	32	adequate	adequate	ADJ
cjel-11734	192	33	comparative	comparative	ADJ
cjel-11734	192	34	or	or	CCONJ
cjel-11734	192	35	evaluative	evaluative	ADJ
cjel-11734	192	36	judgments	judgment	NOUN
cjel-11734	192	37	other	other	ADJ
cjel-11734	192	38	than	than	ADP
cjel-11734	192	39	performance	performance	NOUN
cjel-11734	192	40	.	.	PUNCT
cjel-11734	192	41	”	"	PUNCT
cjel-11734	193	1	clements	clements	PROPN
cjel-11734	193	2	,	,	PUNCT
cjel-11734	193	3	supra	supra	PROPN
cjel-11734	193	4	note	note	PROPN
cjel-11734	193	5	10	10	NUM
cjel-11734	193	6	,	,	PUNCT
cjel-11734	193	7	at	at	ADP
cjel-11734	193	8	450	450	NUM
cjel-11734	193	9	.	.	PUNCT
cjel-11734	193	10	34	34	NUM
cjel-11734	193	11	.	.	PUNCT
cjel-11734	194	1	a	a	DET
cjel-11734	194	2	detailed	detailed	ADJ
cjel-11734	194	3	history	history	NOUN
cjel-11734	194	4	of	of	ADP
cjel-11734	194	5	the	the	DET
cjel-11734	194	6	esg	esg	PROPN
cjel-11734	194	7	movement	movement	NOUN
cjel-11734	194	8	is	be	AUX
cjel-11734	194	9	beyond	beyond	ADP
cjel-11734	194	10	the	the	DET
cjel-11734	194	11	scope	scope	NOUN
cjel-11734	194	12	of	of	ADP
cjel-11734	194	13	this	this	DET
cjel-11734	194	14	note	note	NOUN
cjel-11734	194	15	.	.	PUNCT
cjel-11734	195	1	for	for	ADP
cjel-11734	195	2	a	a	DET
cjel-11734	195	3	more	more	ADV
cjel-11734	195	4	complete	complete	ADJ
cjel-11734	195	5	history	history	NOUN
cjel-11734	195	6	,	,	PUNCT
cjel-11734	195	7	see	see	VERB
cjel-11734	195	8	max	max	PROPN
cjel-11734	195	9	m.	m.	PROPN
cjel-11734	195	10	schanzenbach	schanzenbach	PROPN
cjel-11734	195	11	&	&	CCONJ
cjel-11734	195	12	robert	robert	PROPN
cjel-11734	195	13	m.	m.	PROPN
cjel-11734	195	14	sitkoff	sitkoff	PROPN
cjel-11734	195	15	,	,	PUNCT
cjel-11734	195	16	reconciling	reconcile	VERB
cjel-11734	195	17	fiduciary	fiduciary	ADJ
cjel-11734	195	18	duty	duty	NOUN
cjel-11734	195	19	and	and	CCONJ
cjel-11734	195	20	social	social	ADJ
cjel-11734	195	21	conscience	conscience	NOUN
cjel-11734	195	22	:	:	PUNCT
cjel-11734	195	23	the	the	DET
cjel-11734	195	24	law	law	NOUN
cjel-11734	195	25	and	and	CCONJ
cjel-11734	195	26	economics	economic	NOUN
cjel-11734	195	27	of	of	ADP
cjel-11734	195	28	esg	esg	PROPN
cjel-11734	195	29	investing	invest	VERB
cjel-11734	195	30	by	by	ADP
cjel-11734	195	31	a	a	DET
cjel-11734	195	32	trustee	trustee	NOUN
cjel-11734	195	33	,	,	PUNCT
cjel-11734	195	34	72	72	NUM
cjel-11734	195	35	stan	stan	NOUN
cjel-11734	195	36	.	.	PUNCT
cjel-11734	196	1	l.	l.	PROPN
cjel-11734	196	2	rev	rev	PROPN
cjel-11734	196	3	.	.	PROPN
cjel-11734	196	4	381	381	NUM
cjel-11734	196	5	,	,	PUNCT
cjel-11734	196	6	392	392	NUM
cjel-11734	196	7	–	–	PUNCT
cjel-11734	196	8	97	97	NUM
cjel-11734	196	9	(	(	PUNCT
cjel-11734	196	10	2020	2020	NUM
cjel-11734	196	11	)	)	PUNCT
cjel-11734	196	12	.	.	PUNCT
cjel-11734	197	1	35	35	NUM
cjel-11734	197	2	.	.	PUNCT
cjel-11734	198	1	the	the	DET
cjel-11734	198	2	sec	sec	PROPN
cjel-11734	198	3	has	have	AUX
cjel-11734	198	4	also	also	ADV
cjel-11734	198	5	recognized	recognize	VERB
cjel-11734	198	6	how	how	SCONJ
cjel-11734	198	7	the	the	DET
cjel-11734	198	8	lack	lack	NOUN
cjel-11734	198	9	of	of	ADP
cjel-11734	198	10	standardization	standardization	NOUN
cjel-11734	198	11	in	in	ADP
cjel-11734	198	12	esg	esg	PROPN
cjel-11734	198	13	labeling	labeling	NOUN
cjel-11734	198	14	has	have	VERB
cjel-11734	198	15	the	the	DET
cjel-11734	198	16	potential	potential	NOUN
cjel-11734	198	17	to	to	PART
cjel-11734	198	18	confuse	confuse	VERB
cjel-11734	198	19	investors	investor	NOUN
cjel-11734	198	20	.	.	PUNCT
cjel-11734	199	1	esg	esg	PROPN
cjel-11734	199	2	subcomm	subcomm	NOUN
cjel-11734	199	3	.	.	PUNCT
cjel-11734	199	4	,	,	PUNCT
cjel-11734	199	5	sec	sec	PROPN
cjel-11734	199	6	asset	asset	NOUN
cjel-11734	199	7	mgmt	mgmt	PROPN
cjel-11734	199	8	.	.	PUNCT
cjel-11734	200	1	advisory	advisory	ADJ
cjel-11734	200	2	comm	comm	NOUN
cjel-11734	200	3	.	.	PUNCT
cjel-11734	201	1	,	,	PUNCT
cjel-11734	201	2	discussion	discussion	NOUN
cjel-11734	201	3	draft	draft	NOUN
cjel-11734	201	4	:	:	PUNCT
cjel-11734	201	5	potential	potential	ADJ
cjel-11734	201	6	recommendations	recommendation	NOUN
cjel-11734	201	7	of	of	ADP
cjel-11734	201	8	the	the	DET
cjel-11734	201	9	esg	esg	PROPN
cjel-11734	201	10	subcommittee	subcommittee	NOUN
cjel-11734	201	11	4	4	NUM
cjel-11734	201	12	(	(	PUNCT
cjel-11734	201	13	dec	dec	PROPN
cjel-11734	201	14	.	.	PROPN
cjel-11734	201	15	1	1	NUM
cjel-11734	201	16	,	,	PUNCT
cjel-11734	201	17	2020	2020	NUM
cjel-11734	201	18	)	)	PUNCT
cjel-11734	201	19	(	(	PUNCT
cjel-11734	201	20	“	"	PUNCT
cjel-11734	201	21	the	the	DET
cjel-11734	201	22	potential	potential	ADJ
cjel-11734	201	23	harm	harm	NOUN
cjel-11734	201	24	we	we	PRON
cjel-11734	201	25	as	as	ADP
cjel-11734	201	26	a	a	DET
cjel-11734	201	27	subcommittee	subcommittee	NOUN
cjel-11734	201	28	perceive	perceive	NOUN
cjel-11734	201	29	is	be	AUX
cjel-11734	201	30	little	little	ADJ
cjel-11734	201	31	ability	ability	NOUN
cjel-11734	201	32	to	to	PART
cjel-11734	201	33	verify	verify	VERB
cjel-11734	201	34	truth	truth	NOUN
cjel-11734	201	35	in	in	ADP
cjel-11734	201	36	labelling	labelling	NOUN
cjel-11734	201	37	for	for	ADP
cjel-11734	201	38	investment	investment	NOUN
cjel-11734	201	39	products	product	NOUN
cjel-11734	201	40	that	that	PRON
cjel-11734	201	41	use	use	VERB
cjel-11734	201	42	esg	esg	NOUN
cjel-11734	201	43	branding	branding	NOUN
cjel-11734	201	44	,	,	PUNCT
cjel-11734	201	45	which	which	PRON
cjel-11734	201	46	could	could	AUX
cjel-11734	201	47	result	result	VERB
cjel-11734	201	48	in	in	ADP
cjel-11734	201	49	misleading	mislead	VERB
cjel-11734	201	50	investors	investor	NOUN
cjel-11734	201	51	.	.	PUNCT
cjel-11734	201	52	”	"	PUNCT
cjel-11734	201	53	)	)	PUNCT
cjel-11734	201	54	.	.	PUNCT
cjel-11734	202	1	36	36	NUM
cjel-11734	202	2	.	.	PUNCT
cjel-11734	203	1	the	the	DET
cjel-11734	203	2	concept	concept	NOUN
cjel-11734	203	3	of	of	ADP
cjel-11734	203	4	investing	invest	VERB
cjel-11734	203	5	according	accord	VERB
cjel-11734	203	6	to	to	ADP
cjel-11734	203	7	moral	moral	ADJ
cjel-11734	203	8	or	or	CCONJ
cjel-11734	203	9	ethical	ethical	ADJ
cjel-11734	203	10	beliefs	belief	NOUN
cjel-11734	203	11	has	have	AUX
cjel-11734	203	12	existed	exist	VERB
cjel-11734	203	13	for	for	ADP
cjel-11734	203	14	centuries	century	NOUN
cjel-11734	203	15	.	.	PUNCT
cjel-11734	204	1	russell	russell	PROPN
cjel-11734	204	2	sparkes	sparkes	PROPN
cjel-11734	204	3	,	,	PUNCT
cjel-11734	204	4	socially	socially	ADV
cjel-11734	204	5	responsible	responsible	ADJ
cjel-11734	204	6	investment	investment	NOUN
cjel-11734	204	7	:	:	PUNCT
cjel-11734	204	8	a	a	DET
cjel-11734	204	9	global	global	ADJ
cjel-11734	204	10	revolution	revolution	NOUN
cjel-11734	204	11	46	46	NUM
cjel-11734	204	12	(	(	PUNCT
cjel-11734	204	13	john	john	PROPN
cjel-11734	204	14	goodchild	goodchild	PROPN
cjel-11734	204	15	&	&	CCONJ
cjel-11734	204	16	clive	clive	PROPN
cjel-11734	204	17	callow	callow	ADJ
cjel-11734	204	18	eds	eds	PROPN
cjel-11734	204	19	.	.	PROPN
cjel-11734	204	20	,	,	PUNCT
cjel-11734	204	21	2002	2002	NUM
cjel-11734	204	22	)	)	PUNCT
cjel-11734	204	23	(	(	PUNCT
cjel-11734	204	24	detailing	detail	VERB
cjel-11734	204	25	the	the	DET
cjel-11734	204	26	history	history	NOUN
cjel-11734	204	27	of	of	ADP
cjel-11734	204	28	an	an	DET
cjel-11734	204	29	eighteenth	eighteenth	ADJ
cjel-11734	204	30	-	-	PUNCT
cjel-11734	204	31	century	century	NOUN
cjel-11734	204	32	methodist	methodist	NOUN
cjel-11734	204	33	church	church	PROPN
cjel-11734	204	34	pastor	pastor	NOUN
cjel-11734	204	35	who	who	PRON
cjel-11734	204	36	spoke	speak	VERB
cjel-11734	204	37	out	out	ADP
cjel-11734	204	38	against	against	ADP
cjel-11734	204	39	profiting	profit	VERB
cjel-11734	204	40	from	from	ADP
cjel-11734	204	41	the	the	DET
cjel-11734	204	42	alcohol	alcohol	NOUN
cjel-11734	204	43	and	and	CCONJ
cjel-11734	204	44	slave	slave	NOUN
cjel-11734	204	45	trades	trade	NOUN
cjel-11734	204	46	)	)	PUNCT
cjel-11734	204	47	.	.	PUNCT
cjel-11734	205	1	the	the	DET
cjel-11734	205	2	first	first	ADJ
cjel-11734	205	3	investment	investment	NOUN
cjel-11734	205	4	fund	fund	NOUN
cjel-11734	205	5	to	to	PART
cjel-11734	205	6	apply	apply	VERB
cjel-11734	205	7	an	an	DET
cjel-11734	205	8	exclusionary	exclusionary	ADJ
cjel-11734	205	9	approach	approach	NOUN
cjel-11734	205	10	was	be	AUX
cjel-11734	205	11	the	the	DET
cjel-11734	205	12	pioneer	pioneer	PROPN
cjel-11734	205	13	fund	fund	NOUN
cjel-11734	205	14	,	,	PUNCT
cjel-11734	205	15	which	which	PRON
cjel-11734	205	16	avoided	avoid	VERB
cjel-11734	205	17	industries	industry	NOUN
cjel-11734	205	18	based	base	VERB
cjel-11734	205	19	on	on	ADP
cjel-11734	205	20	the	the	DET
cjel-11734	205	21	2023	2023	NUM
cjel-11734	205	22	]	]	PUNCT
cjel-11734	205	23	green	green	ADJ
cjel-11734	205	24	funds	fund	NOUN
cjel-11734	205	25	in	in	ADP
cjel-11734	205	26	a	a	DET
cjel-11734	205	27	gray	gray	ADJ
cjel-11734	205	28	area	area	NOUN
cjel-11734	205	29	425	425	NUM
cjel-11734	205	30	investing	investing	NOUN
cjel-11734	205	31	(	(	PUNCT
cjel-11734	205	32	sri	sri	PROPN
cjel-11734	205	33	)	)	PUNCT
cjel-11734	205	34	movement	movement	NOUN
cjel-11734	205	35	gained	gain	VERB
cjel-11734	205	36	mainstream	mainstream	NOUN
cjel-11734	205	37	traction	traction	NOUN
cjel-11734	205	38	in	in	ADP
cjel-11734	205	39	the	the	DET
cjel-11734	205	40	united	united	PROPN
cjel-11734	205	41	states	states	PROPN
cjel-11734	205	42	as	as	ADP
cjel-11734	205	43	a	a	DET
cjel-11734	205	44	way	way	NOUN
cjel-11734	205	45	to	to	PART
cjel-11734	205	46	reflect	reflect	VERB
cjel-11734	205	47	investors	investor	NOUN
cjel-11734	205	48	’	’	PART
cjel-11734	205	49	political	political	ADJ
cjel-11734	205	50	and	and	CCONJ
cjel-11734	205	51	social	social	ADJ
cjel-11734	205	52	values	value	NOUN
cjel-11734	205	53	,	,	PUNCT
cjel-11734	205	54	and	and	CCONJ
cjel-11734	205	55	was	be	AUX
cjel-11734	205	56	primarily	primarily	ADV
cjel-11734	205	57	driven	drive	VERB
cjel-11734	205	58	by	by	ADP
cjel-11734	205	59	activism	activism	NOUN
cjel-11734	205	60	on	on	ADP
cjel-11734	205	61	issues	issue	NOUN
cjel-11734	205	62	including	include	VERB
cjel-11734	205	63	the	the	DET
cjel-11734	205	64	civil	civil	ADJ
cjel-11734	205	65	rights	right	NOUN
cjel-11734	205	66	campaign	campaign	NOUN
cjel-11734	205	67	and	and	CCONJ
cjel-11734	205	68	opposition	opposition	NOUN
cjel-11734	205	69	to	to	ADP
cjel-11734	205	70	college	college	NOUN
cjel-11734	205	71	endowment	endowment	NOUN
cjel-11734	205	72	funds	fund	NOUN
cjel-11734	205	73	profiting	profit	VERB
cjel-11734	205	74	from	from	ADP
cjel-11734	205	75	the	the	DET
cjel-11734	205	76	vietnam	vietnam	PROPN
cjel-11734	205	77	war.37	war.37	PROPN
cjel-11734	205	78	both	both	PRON
cjel-11734	205	79	of	of	ADP
cjel-11734	205	80	these	these	DET
cjel-11734	205	81	campaigns	campaign	NOUN
cjel-11734	205	82	utilized	utilize	VERB
cjel-11734	205	83	exclusionary	exclusionary	ADJ
cjel-11734	205	84	investing	invest	VERB
cjel-11734	205	85	strategies,38	strategies,38	NOUN
cjel-11734	205	86	meaning	mean	VERB
cjel-11734	205	87	funds	fund	NOUN
cjel-11734	205	88	would	would	AUX
cjel-11734	205	89	entirely	entirely	ADV
cjel-11734	205	90	avoid	avoid	VERB
cjel-11734	205	91	businesses	business	NOUN
cjel-11734	205	92	that	that	PRON
cjel-11734	205	93	did	do	AUX
cjel-11734	205	94	not	not	PART
cjel-11734	205	95	reflect	reflect	VERB
cjel-11734	205	96	their	their	PRON
cjel-11734	205	97	values	value	NOUN
cjel-11734	205	98	.	.	PUNCT
cjel-11734	206	1	the	the	DET
cjel-11734	206	2	next	next	ADJ
cjel-11734	206	3	significant	significant	ADJ
cjel-11734	206	4	sri	sri	PROPN
cjel-11734	206	5	movement	movement	NOUN
cjel-11734	206	6	applied	apply	VERB
cjel-11734	206	7	financial	financial	ADJ
cjel-11734	206	8	and	and	CCONJ
cjel-11734	206	9	social	social	ADJ
cjel-11734	206	10	pressure	pressure	NOUN
cjel-11734	206	11	in	in	ADP
cjel-11734	206	12	south	south	PROPN
cjel-11734	206	13	africa	africa	PROPN
cjel-11734	206	14	to	to	PART
cjel-11734	206	15	end	end	VERB
cjel-11734	206	16	apartheid.39	apartheid.39	PROPN
cjel-11734	206	17	although	although	SCONJ
cjel-11734	206	18	the	the	DET
cjel-11734	206	19	majority	majority	NOUN
cjel-11734	206	20	of	of	ADP
cjel-11734	206	21	the	the	DET
cjel-11734	206	22	sri	sri	PROPN
cjel-11734	206	23	movement	movement	NOUN
cjel-11734	206	24	was	be	AUX
cjel-11734	206	25	exclusionary	exclusionary	ADJ
cjel-11734	206	26	-	-	PUNCT
cjel-11734	206	27	based	base	VERB
cjel-11734	206	28	,	,	PUNCT
cjel-11734	206	29	some	some	DET
cjel-11734	206	30	investors	investor	NOUN
cjel-11734	206	31	began	begin	VERB
cjel-11734	206	32	working	work	VERB
cjel-11734	206	33	with	with	ADP
cjel-11734	206	34	firms	firm	NOUN
cjel-11734	206	35	that	that	PRON
cjel-11734	206	36	agreed	agree	VERB
cjel-11734	206	37	to	to	PART
cjel-11734	206	38	“	"	PUNCT
cjel-11734	206	39	abide	abide	VERB
cjel-11734	206	40	by	by	ADP
cjel-11734	206	41	certain	certain	ADJ
cjel-11734	206	42	principles	principle	NOUN
cjel-11734	206	43	of	of	ADP
cjel-11734	206	44	nondiscrimination	nondiscrimination	NOUN
cjel-11734	206	45	in	in	ADP
cjel-11734	206	46	their	their	PRON
cjel-11734	206	47	south	south	ADJ
cjel-11734	206	48	african	african	ADJ
cjel-11734	206	49	operations	operation	NOUN
cjel-11734	206	50	.	.	PUNCT
cjel-11734	207	1	”40	”40	NOUN
cjel-11734	207	2	this	this	PRON
cjel-11734	207	3	can	can	AUX
cjel-11734	207	4	be	be	AUX
cjel-11734	207	5	seen	see	VERB
cjel-11734	207	6	as	as	ADP
cjel-11734	207	7	an	an	DET
cjel-11734	207	8	early	early	ADJ
cjel-11734	207	9	example	example	NOUN
cjel-11734	207	10	of	of	ADP
cjel-11734	207	11	an	an	DET
cjel-11734	207	12	engagement	engagement	NOUN
cjel-11734	207	13	investment	investment	NOUN
cjel-11734	207	14	strategy	strategy	NOUN
cjel-11734	207	15	,	,	PUNCT
cjel-11734	207	16	which	which	PRON
cjel-11734	207	17	does	do	AUX
cjel-11734	207	18	not	not	PART
cjel-11734	207	19	require	require	VERB
cjel-11734	207	20	investors	investor	NOUN
cjel-11734	207	21	to	to	PART
cjel-11734	207	22	eschew	eschew	VERB
cjel-11734	207	23	industries	industry	NOUN
cjel-11734	207	24	altogether	altogether	ADV
cjel-11734	207	25	.	.	PUNCT
cjel-11734	208	1	rather	rather	ADV
cjel-11734	208	2	,	,	PUNCT
cjel-11734	208	3	investors	investor	NOUN
cjel-11734	208	4	leverage	leverage	VERB
cjel-11734	208	5	their	their	PRON
cjel-11734	208	6	position	position	NOUN
cjel-11734	208	7	as	as	SCONJ
cjel-11734	208	8	shareholders	shareholder	NOUN
cjel-11734	208	9	to	to	PART
cjel-11734	208	10	advocate	advocate	VERB
cjel-11734	208	11	for	for	ADP
cjel-11734	208	12	the	the	DET
cjel-11734	208	13	adoption	adoption	NOUN
cjel-11734	208	14	of	of	ADP
cjel-11734	208	15	policies	policy	NOUN
cjel-11734	208	16	that	that	PRON
cjel-11734	208	17	better	well	ADV
cjel-11734	208	18	align	align	VERB
cjel-11734	208	19	with	with	ADP
cjel-11734	208	20	their	their	PRON
cjel-11734	208	21	values	value	NOUN
cjel-11734	208	22	.	.	PUNCT
cjel-11734	209	1	eventually	eventually	ADV
cjel-11734	209	2	,	,	PUNCT
cjel-11734	209	3	the	the	DET
cjel-11734	209	4	sri	sri	PROPN
cjel-11734	209	5	movement	movement	NOUN
cjel-11734	209	6	began	begin	VERB
cjel-11734	209	7	to	to	PART
cjel-11734	209	8	incorporate	incorporate	VERB
cjel-11734	209	9	governance	governance	NOUN
cjel-11734	209	10	factors41	factors41	ADJ
cjel-11734	209	11	and	and	CCONJ
cjel-11734	209	12	prioritize	prioritize	VERB
cjel-11734	209	13	environmental	environmental	ADJ
cjel-11734	209	14	conservatism,42	conservatism,42	NOUN
cjel-11734	209	15	and	and	CCONJ
cjel-11734	209	16	rebranded	rebrande	VERB
cjel-11734	209	17	as	as	ADP
cjel-11734	209	18	“	"	PUNCT
cjel-11734	209	19	esg	esg	PROPN
cjel-11734	209	20	.	.	PUNCT
cjel-11734	210	1	”43	”43	PROPN
cjel-11734	210	2	the	the	DET
cjel-11734	210	3	esg	esg	PROPN
cjel-11734	210	4	moniker	moniker	NOUN
cjel-11734	210	5	more	more	ADV
cjel-11734	210	6	directly	directly	ADV
cjel-11734	210	7	acknowledges	acknowledge	VERB
cjel-11734	210	8	the	the	DET
cjel-11734	210	9	key	key	ADJ
cjel-11734	210	10	issues	issue	NOUN
cjel-11734	210	11	of	of	ADP
cjel-11734	210	12	the	the	DET
cjel-11734	210	13	modern	modern	ADJ
cjel-11734	210	14	era,44	era,44	PROPN
cjel-11734	210	15	and	and	CCONJ
cjel-11734	210	16	with	with	ADP
cjel-11734	210	17	this	this	DET
cjel-11734	210	18	name	name	NOUN
cjel-11734	210	19	change	change	NOUN
cjel-11734	210	20	,	,	PUNCT
cjel-11734	210	21	began	begin	VERB
cjel-11734	210	22	“	"	PUNCT
cjel-11734	210	23	appealing	appeal	VERB
cjel-11734	210	24	to	to	ADP
cjel-11734	210	25	investors	investor	NOUN
cjel-11734	210	26	’	’	PART
cjel-11734	210	27	financial	financial	ADJ
cjel-11734	210	28	interests	interest	NOUN
cjel-11734	210	29	,	,	PUNCT
cjel-11734	210	30	as	as	ADV
cjel-11734	210	31	well	well	ADV
cjel-11734	210	32	as	as	ADP
cjel-11734	210	33	their	their	PRON
cjel-11734	210	34	ethical	ethical	ADJ
cjel-11734	210	35	sense	sense	NOUN
cjel-11734	210	36	,	,	PUNCT
cjel-11734	210	37	by	by	ADP
cjel-11734	210	38	asserting	assert	VERB
cjel-11734	210	39	that	that	SCONJ
cjel-11734	210	40	sri	sri	ADJ
cjel-11734	210	41	funds	fund	NOUN
cjel-11734	210	42	could	could	AUX
cjel-11734	210	43	be	be	AUX
cjel-11734	210	44	both	both	PRON
cjel-11734	210	45	morally	morally	ADV
cjel-11734	210	46	and	and	CCONJ
cjel-11734	210	47	financially	financially	ADV
cjel-11734	210	48	superior	superior	ADJ
cjel-11734	210	49	to	to	ADP
cjel-11734	210	50	other	other	ADJ
cjel-11734	210	51	funds	fund	NOUN
cjel-11734	210	52	,	,	PUNCT
cjel-11734	210	53	offering	offer	VERB
cjel-11734	210	54	lower	low	ADJ
cjel-11734	210	55	risk	risk	NOUN
cjel-11734	210	56	and	and	CCONJ
cjel-11734	210	57	higher	high	ADJ
cjel-11734	210	58	returns	return	NOUN
cjel-11734	210	59	.	.	PUNCT
cjel-11734	211	1	”45	”45	NOUN
cjel-11734	211	2	religious	religious	ADJ
cjel-11734	211	3	beliefs	belief	NOUN
cjel-11734	211	4	of	of	ADP
cjel-11734	211	5	its	its	PRON
cjel-11734	211	6	founder	founder	NOUN
cjel-11734	211	7	.	.	PUNCT
cjel-11734	212	1	it	it	PRON
cjel-11734	212	2	was	be	AUX
cjel-11734	212	3	created	create	VERB
cjel-11734	212	4	in	in	ADP
cjel-11734	212	5	1928	1928	NUM
cjel-11734	212	6	—	—	PUNCT
cjel-11734	212	7	and	and	CCONJ
cjel-11734	212	8	is	be	AUX
cjel-11734	212	9	included	include	VERB
cjel-11734	212	10	infra	infra	NOUN
cjel-11734	212	11	section	section	NOUN
cjel-11734	212	12	iii(a)—as	iii(a)—as	PROPN
cjel-11734	212	13	one	one	NUM
cjel-11734	212	14	of	of	ADP
cjel-11734	212	15	the	the	DET
cjel-11734	212	16	ten	ten	NUM
cjel-11734	212	17	largest	large	ADJ
cjel-11734	212	18	esg	esg	NOUN
cjel-11734	212	19	mutual	mutual	ADJ
cjel-11734	212	20	funds	fund	NOUN
cjel-11734	212	21	.	.	PUNCT
cjel-11734	213	1	schanzenbach	schanzenbach	PROPN
cjel-11734	213	2	&	&	CCONJ
cjel-11734	213	3	sitkoff	sitkoff	NOUN
cjel-11734	213	4	,	,	PUNCT
cjel-11734	213	5	supra	supra	PROPN
cjel-11734	213	6	note	note	PROPN
cjel-11734	213	7	34	34	NUM
cjel-11734	213	8	,	,	PUNCT
cjel-11734	213	9	at	at	ADP
cjel-11734	213	10	392	392	NUM
cjel-11734	213	11	.	.	PUNCT
cjel-11734	213	12	37	37	NUM
cjel-11734	213	13	.	.	PUNCT
cjel-11734	214	1	sparkes	sparke	NOUN
cjel-11734	214	2	,	,	PUNCT
cjel-11734	214	3	supra	supra	PROPN
cjel-11734	214	4	note	note	PROPN
cjel-11734	214	5	36	36	NUM
cjel-11734	214	6	,	,	PUNCT
cjel-11734	214	7	at	at	ADP
cjel-11734	214	8	48	48	NUM
cjel-11734	214	9	.	.	PUNCT
cjel-11734	215	1	38	38	NUM
cjel-11734	215	2	.	.	PUNCT
cjel-11734	216	1	i	i	PRON
cjel-11734	216	2	d.	d.	PROPN
cjel-11734	216	3	39	39	NUM
cjel-11734	216	4	.	.	PUNCT
cjel-11734	217	1	i	i	PRON
cjel-11734	217	2	d.	d.	PROPN
cjel-11734	217	3	40	40	NUM
cjel-11734	217	4	.	.	PUNCT
cjel-11734	218	1	schanzenbach	schanzenbach	PROPN
cjel-11734	218	2	&	&	CCONJ
cjel-11734	218	3	sitkoff	sitkoff	NOUN
cjel-11734	218	4	,	,	PUNCT
cjel-11734	218	5	supra	supra	PROPN
cjel-11734	218	6	note	note	PROPN
cjel-11734	218	7	34	34	NUM
cjel-11734	218	8	,	,	PUNCT
cjel-11734	218	9	at	at	ADP
cjel-11734	218	10	393	393	NUM
cjel-11734	218	11	.	.	PUNCT
cjel-11734	219	1	41	41	NUM
cjel-11734	219	2	.	.	PUNCT
cjel-11734	220	1	i	i	PRON
cjel-11734	220	2	d.	d.	PROPN
cjel-11734	220	3	at	at	ADP
cjel-11734	220	4	396	396	NUM
cjel-11734	220	5	.	.	PUNCT
cjel-11734	221	1	42	42	NUM
cjel-11734	221	2	.	.	PUNCT
cjel-11734	222	1	for	for	ADP
cjel-11734	222	2	example	example	NOUN
cjel-11734	222	3	,	,	PUNCT
cjel-11734	222	4	the	the	DET
cjel-11734	222	5	exxon	exxon	PROPN
cjel-11734	222	6	valdez	valdez	PROPN
cjel-11734	222	7	oil	oil	NOUN
cjel-11734	222	8	spill	spill	NOUN
cjel-11734	222	9	in	in	ADP
cjel-11734	222	10	1989	1989	NUM
cjel-11734	222	11	and	and	CCONJ
cjel-11734	222	12	litigation	litigation	NOUN
cjel-11734	222	13	during	during	ADP
cjel-11734	222	14	the	the	DET
cjel-11734	222	15	1990s	1990s	NUM
cjel-11734	222	16	was	be	AUX
cjel-11734	222	17	a	a	DET
cjel-11734	222	18	major	major	ADJ
cjel-11734	222	19	“	"	PUNCT
cjel-11734	222	20	public	public	ADJ
cjel-11734	222	21	alarm	alarm	NOUN
cjel-11734	222	22	”	"	PUNCT
cjel-11734	222	23	that	that	PRON
cjel-11734	222	24	drove	drive	VERB
cjel-11734	222	25	investors	investor	NOUN
cjel-11734	222	26	to	to	PART
cjel-11734	222	27	actively	actively	ADV
cjel-11734	222	28	consider	consider	VERB
cjel-11734	222	29	environmental	environmental	ADJ
cjel-11734	222	30	issues	issue	NOUN
cjel-11734	222	31	.	.	PUNCT
cjel-11734	223	1	sparkes	sparke	NOUN
cjel-11734	223	2	,	,	PUNCT
cjel-11734	223	3	supra	supra	PROPN
cjel-11734	223	4	note	note	PROPN
cjel-11734	223	5	36	36	NUM
cjel-11734	223	6	,	,	PUNCT
cjel-11734	223	7	at	at	ADP
cjel-11734	223	8	61	61	NUM
cjel-11734	223	9	.	.	PUNCT
cjel-11734	223	10	43	43	NUM
cjel-11734	223	11	.	.	PUNCT
cjel-11734	224	1	the	the	DET
cjel-11734	224	2	term	term	NOUN
cjel-11734	224	3	“	"	PUNCT
cjel-11734	224	4	esg	esg	PROPN
cjel-11734	224	5	”	"	PUNCT
cjel-11734	224	6	itself	itself	PRON
cjel-11734	224	7	was	be	AUX
cjel-11734	224	8	first	first	ADV
cjel-11734	224	9	coined	coin	VERB
cjel-11734	224	10	in	in	ADP
cjel-11734	224	11	a	a	DET
cjel-11734	224	12	united	united	PROPN
cjel-11734	224	13	nations	nation	NOUN
cjel-11734	224	14	’	'	PUNCT
cjel-11734	224	15	global	global	ADJ
cjel-11734	224	16	compact	compact	NOUN
cjel-11734	224	17	in	in	ADP
cjel-11734	224	18	2004	2004	NUM
cjel-11734	224	19	titled	title	VERB
cjel-11734	224	20	“	"	PUNCT
cjel-11734	224	21	who	who	PRON
cjel-11734	224	22	cares	care	VERB
cjel-11734	224	23	wins	win	VERB
cjel-11734	224	24	:	:	PUNCT
cjel-11734	224	25	connecting	connect	VERB
cjel-11734	224	26	financial	financial	ADJ
cjel-11734	224	27	markets	market	NOUN
cjel-11734	224	28	to	to	ADP
cjel-11734	224	29	a	a	DET
cjel-11734	224	30	changing	change	VERB
cjel-11734	224	31	world	world	NOUN
cjel-11734	224	32	.	.	PUNCT
cjel-11734	224	33	”	"	PUNCT
cjel-11734	225	1	44	44	NUM
cjel-11734	225	2	.	.	PUNCT
cjel-11734	226	1	see	see	VERB
cjel-11734	226	2	amanda	amanda	PROPN
cjel-11734	226	3	m.	m.	PROPN
cjel-11734	226	4	rose	rise	VERB
cjel-11734	226	5	,	,	PUNCT
cjel-11734	226	6	a	a	DET
cjel-11734	226	7	response	response	NOUN
cjel-11734	226	8	to	to	ADP
cjel-11734	226	9	calls	call	NOUN
cjel-11734	226	10	for	for	ADP
cjel-11734	226	11	sec	sec	PROPN
cjel-11734	226	12	-	-	PUNCT
cjel-11734	226	13	mandated	mandate	VERB
cjel-11734	226	14	esg	esg	NOUN
cjel-11734	226	15	disclosure	disclosure	NOUN
cjel-11734	226	16	,	,	PUNCT
cjel-11734	226	17	98	98	NUM
cjel-11734	226	18	wash	wash	NOUN
cjel-11734	226	19	.	.	PUNCT
cjel-11734	227	1	u.	u.	PROPN
cjel-11734	227	2	l.	l.	PROPN
cjel-11734	227	3	rev	rev	PROPN
cjel-11734	227	4	.	.	PROPN
cjel-11734	227	5	1819	1819	NUM
cjel-11734	227	6	,	,	PUNCT
cjel-11734	227	7	1820	1820	NUM
cjel-11734	227	8	(	(	PUNCT
cjel-11734	227	9	2021	2021	NUM
cjel-11734	227	10	)	)	PUNCT
cjel-11734	227	11	(	(	PUNCT
cjel-11734	228	1	noting	note	VERB
cjel-11734	228	2	that	that	SCONJ
cjel-11734	228	3	esg	esg	PROPN
cjel-11734	228	4	investing	investing	NOUN
cjel-11734	228	5	includes	include	VERB
cjel-11734	228	6	a	a	DET
cjel-11734	228	7	“	"	PUNCT
cjel-11734	228	8	dizzyingly	dizzyingly	ADV
cjel-11734	228	9	”	"	PUNCT
cjel-11734	228	10	array	array	NOUN
cjel-11734	228	11	of	of	ADP
cjel-11734	228	12	esg	esg	PROPN
cjel-11734	228	13	issues	issue	NOUN
cjel-11734	228	14	,	,	PUNCT
cjel-11734	228	15	such	such	ADJ
cjel-11734	228	16	as	as	ADP
cjel-11734	228	17	climate	climate	NOUN
cjel-11734	228	18	change	change	NOUN
cjel-11734	228	19	,	,	PUNCT
cjel-11734	228	20	human	human	ADJ
cjel-11734	228	21	capital	capital	NOUN
cjel-11734	228	22	management	management	NOUN
cjel-11734	228	23	,	,	PUNCT
cjel-11734	228	24	human	human	ADJ
cjel-11734	228	25	rights	right	NOUN
cjel-11734	228	26	,	,	PUNCT
cjel-11734	228	27	cybersecurity	cybersecurity	NOUN
cjel-11734	228	28	,	,	PUNCT
cjel-11734	228	29	diversity	diversity	NOUN
cjel-11734	228	30	and	and	CCONJ
cjel-11734	228	31	inclusion	inclusion	NOUN
cjel-11734	228	32	,	,	PUNCT
cjel-11734	228	33	corporate	corporate	ADJ
cjel-11734	228	34	tax	tax	NOUN
cjel-11734	228	35	policy	policy	NOUN
cjel-11734	228	36	,	,	PUNCT
cjel-11734	228	37	corporate	corporate	ADJ
cjel-11734	228	38	political	political	ADJ
cjel-11734	228	39	spending	spending	NOUN
cjel-11734	228	40	,	,	PUNCT
cjel-11734	228	41	executive	executive	ADJ
cjel-11734	228	42	compensation	compensation	NOUN
cjel-11734	228	43	practices	practice	NOUN
cjel-11734	228	44	,	,	PUNCT
cjel-11734	228	45	and	and	CCONJ
cjel-11734	228	46	more	more	ADJ
cjel-11734	228	47	)	)	PUNCT
cjel-11734	228	48	.	.	PUNCT
cjel-11734	229	1	45	45	NUM
cjel-11734	229	2	.	.	PUNCT
cjel-11734	229	3	schanzenbach	schanzenbach	PROPN
cjel-11734	229	4	&	&	CCONJ
cjel-11734	229	5	sitkoff	sitkoff	NOUN
cjel-11734	229	6	,	,	PUNCT
cjel-11734	229	7	supra	supra	PROPN
cjel-11734	229	8	note	note	PROPN
cjel-11734	229	9	34	34	NUM
cjel-11734	229	10	,	,	PUNCT
cjel-11734	229	11	at	at	ADP
cjel-11734	229	12	396	396	NUM
cjel-11734	229	13	.	.	PUNCT
cjel-11734	229	14	426	426	NUM
cjel-11734	229	15	columbia	columbia	PROPN
cjel-11734	229	16	journal	journal	PROPN
cjel-11734	229	17	of	of	ADP
cjel-11734	229	18	environmental	environmental	ADJ
cjel-11734	229	19	law	law	NOUN
cjel-11734	229	20	[	[	X
cjel-11734	229	21	vol.48:2	vol.48:2	NOUN
cjel-11734	229	22	2	2	NUM
cjel-11734	229	23	.	.	PUNCT
cjel-11734	230	1	the	the	DET
cjel-11734	230	2	current	current	ADJ
cjel-11734	230	3	esg	esg	PROPN
cjel-11734	230	4	landscape	landscape	NOUN
cjel-11734	230	5	following	follow	VERB
cjel-11734	230	6	the	the	DET
cjel-11734	230	7	early	early	ADJ
cjel-11734	230	8	days	day	NOUN
cjel-11734	230	9	of	of	ADP
cjel-11734	230	10	sri	sri	NOUN
cjel-11734	230	11	,	,	PUNCT
cjel-11734	230	12	the	the	DET
cjel-11734	230	13	esg	esg	PROPN
cjel-11734	230	14	investing	invest	VERB
cjel-11734	230	15	industry	industry	NOUN
cjel-11734	230	16	has	have	AUX
cjel-11734	230	17	boomed	boom	VERB
cjel-11734	230	18	,	,	PUNCT
cjel-11734	230	19	both	both	CCONJ
cjel-11734	230	20	with	with	ADP
cjel-11734	230	21	respect	respect	NOUN
cjel-11734	230	22	to	to	ADP
cjel-11734	230	23	the	the	DET
cjel-11734	230	24	amount	amount	NOUN
cjel-11734	230	25	of	of	ADP
cjel-11734	230	26	assets	asset	NOUN
cjel-11734	230	27	under	under	ADP
cjel-11734	230	28	management46	management46	NOUN
cjel-11734	230	29	as	as	ADV
cjel-11734	230	30	well	well	ADV
cjel-11734	230	31	as	as	ADP
cjel-11734	230	32	the	the	DET
cjel-11734	230	33	diverse	diverse	ADJ
cjel-11734	230	34	interests	interest	NOUN
cjel-11734	230	35	that	that	PRON
cjel-11734	230	36	are	be	AUX
cjel-11734	230	37	included	include	VERB
cjel-11734	230	38	under	under	ADP
cjel-11734	230	39	the	the	DET
cjel-11734	230	40	esg	esg	PROPN
cjel-11734	230	41	umbrella.47	umbrella.47	NOUN
cjel-11734	230	42	while	while	SCONJ
cjel-11734	230	43	it	it	PRON
cjel-11734	230	44	is	be	AUX
cjel-11734	230	45	undisputed	undisputed	ADJ
cjel-11734	230	46	that	that	SCONJ
cjel-11734	230	47	the	the	DET
cjel-11734	230	48	esg	esg	PROPN
cjel-11734	230	49	industry	industry	NOUN
cjel-11734	230	50	has	have	AUX
cjel-11734	230	51	grown	grow	VERB
cjel-11734	230	52	considerably	considerably	ADV
cjel-11734	230	53	,	,	PUNCT
cjel-11734	230	54	widely	widely	ADV
cjel-11734	230	55	-	-	PUNCT
cjel-11734	230	56	varying	vary	VERB
cjel-11734	230	57	methodologies	methodology	NOUN
cjel-11734	230	58	on	on	ADP
cjel-11734	230	59	which	which	PRON
cjel-11734	230	60	investments	investment	NOUN
cjel-11734	230	61	classify	classify	VERB
cjel-11734	230	62	as	as	ADP
cjel-11734	230	63	“	"	PUNCT
cjel-11734	230	64	esg	esg	NOUN
cjel-11734	230	65	”	"	PUNCT
cjel-11734	230	66	or	or	CCONJ
cjel-11734	230	67	“	"	PUNCT
cjel-11734	230	68	sustainable	sustainable	ADJ
cjel-11734	230	69	”	"	PUNCT
cjel-11734	230	70	make	make	VERB
cjel-11734	230	71	it	it	PRON
cjel-11734	230	72	difficult	difficult	ADJ
cjel-11734	230	73	to	to	PART
cjel-11734	230	74	pinpoint	pinpoint	VERB
cjel-11734	230	75	the	the	DET
cjel-11734	230	76	industry	industry	NOUN
cjel-11734	230	77	’s	’s	PART
cjel-11734	230	78	exact	exact	ADJ
cjel-11734	230	79	size.48	size.48	NOUN
cjel-11734	230	80	for	for	ADP
cjel-11734	230	81	example	example	NOUN
cjel-11734	230	82	,	,	PUNCT
cjel-11734	230	83	while	while	SCONJ
cjel-11734	230	84	the	the	DET
cjel-11734	230	85	global	global	ADJ
cjel-11734	230	86	sustainable	sustainable	ADJ
cjel-11734	230	87	investment	investment	NOUN
cjel-11734	230	88	alliance	alliance	NOUN
cjel-11734	230	89	(	(	PUNCT
cjel-11734	230	90	gsia	gsia	PROPN
cjel-11734	230	91	)	)	PUNCT
cjel-11734	230	92	estimates	estimate	VERB
cjel-11734	230	93	that	that	SCONJ
cjel-11734	230	94	sustainable	sustainable	ADJ
cjel-11734	230	95	assets	asset	NOUN
cjel-11734	230	96	under	under	ADP
cjel-11734	230	97	management	management	NOUN
cjel-11734	230	98	in	in	ADP
cjel-11734	230	99	the	the	DET
cjel-11734	230	100	united	united	PROPN
cjel-11734	230	101	states	states	PROPN
cjel-11734	230	102	are	be	AUX
cjel-11734	230	103	over	over	ADP
cjel-11734	230	104	$	$	SYM
cjel-11734	230	105	17	17	NUM
cjel-11734	230	106	trillion49	trillion49	NOUN
cjel-11734	230	107	(	(	PUNCT
cjel-11734	230	108	a	a	DET
cjel-11734	230	109	number	number	NOUN
cjel-11734	230	110	some	some	PRON
cjel-11734	230	111	have	have	AUX
cjel-11734	230	112	openly	openly	ADV
cjel-11734	230	113	expressed	express	VERB
cjel-11734	230	114	skepticism	skepticism	NOUN
cjel-11734	230	115	over),50	over),50	X
cjel-11734	230	116	morningstar	morningstar	NOUN
cjel-11734	230	117	,	,	PUNCT
cjel-11734	230	118	one	one	NUM
cjel-11734	230	119	of	of	ADP
cjel-11734	230	120	the	the	DET
cjel-11734	230	121	esg	esg	PROPN
cjel-11734	230	122	industry	industry	NOUN
cjel-11734	230	123	’s	’s	PART
cjel-11734	230	124	leading	lead	VERB
cjel-11734	230	125	data	datum	NOUN
cjel-11734	230	126	and	and	CCONJ
cjel-11734	230	127	ratings	rating	NOUN
cjel-11734	230	128	providers	provider	NOUN
cjel-11734	230	129	,	,	PUNCT
cjel-11734	230	130	reported	report	VERB
cjel-11734	230	131	that	that	SCONJ
cjel-11734	230	132	by	by	ADP
cjel-11734	230	133	the	the	DET
cjel-11734	230	134	end	end	NOUN
cjel-11734	230	135	of	of	ADP
cjel-11734	230	136	2021	2021	NUM
cjel-11734	230	137	,	,	PUNCT
cjel-11734	230	138	assets	asset	NOUN
cjel-11734	230	139	in	in	ADP
cjel-11734	230	140	u.s	u.s	PROPN
cjel-11734	230	141	.	.	PROPN
cjel-11734	230	142	sustainable	sustainable	ADJ
cjel-11734	230	143	funds	fund	NOUN
cjel-11734	230	144	were	be	AUX
cjel-11734	230	145	$	$	SYM
cjel-11734	230	146	357	357	NUM
cjel-11734	230	147	billion.51	billion.51	NOUN
cjel-11734	230	148	even	even	ADV
cjel-11734	230	149	though	though	SCONJ
cjel-11734	230	150	this	this	DET
cjel-11734	230	151	estimate	estimate	NOUN
cjel-11734	230	152	is	be	AUX
cjel-11734	230	153	meaningfully	meaningfully	ADV
cjel-11734	230	154	lower	low	ADJ
cjel-11734	230	155	than	than	ADP
cjel-11734	230	156	gsia	gsia	PROPN
cjel-11734	230	157	’s	’s	PART
cjel-11734	230	158	,	,	PUNCT
cjel-11734	230	159	morningstar	morningstar	PROPN
cjel-11734	230	160	noted	note	VERB
cjel-11734	230	161	the	the	DET
cjel-11734	230	162	$	$	SYM
cjel-11734	230	163	357	357	NUM
cjel-11734	230	164	billion	billion	NUM
cjel-11734	230	165	number	number	NOUN
cjel-11734	230	166	was	be	AUX
cjel-11734	230	167	a	a	DET
cjel-11734	230	168	high	high	ADJ
cjel-11734	230	169	water	water	NOUN
cjel-11734	230	170	mark	mark	NOUN
cjel-11734	230	171	for	for	ADP
cjel-11734	230	172	the	the	DET
cjel-11734	230	173	esg	esg	NOUN
cjel-11734	230	174	industry	industry	NOUN
cjel-11734	230	175	in	in	ADP
cjel-11734	230	176	the	the	DET
cjel-11734	230	177	united	united	PROPN
cjel-11734	230	178	states	states	PROPN
cjel-11734	230	179	and	and	CCONJ
cjel-11734	230	180	a	a	DET
cjel-11734	230	181	represented	represent	VERB
cjel-11734	230	182	a	a	DET
cjel-11734	230	183	four	four	NUM
cjel-11734	230	184	-	-	ADJ
cjel-11734	230	185	fold	fold	ADJ
cjel-11734	230	186	increase	increase	NOUN
cjel-11734	230	187	in	in	ADP
cjel-11734	230	188	esg	esg	PROPN
cjel-11734	230	189	fund	fund	NOUN
cjel-11734	230	190	assets	asset	NOUN
cjel-11734	230	191	over	over	ADP
cjel-11734	230	192	the	the	DET
cjel-11734	230	193	past	past	ADJ
cjel-11734	230	194	three	three	NUM
cjel-11734	230	195	years.52	years.52	PROPN
cjel-11734	230	196	notably	notably	ADV
cjel-11734	230	197	,	,	PUNCT
cjel-11734	230	198	the	the	DET
cjel-11734	230	199	esg	esg	PROPN
cjel-11734	230	200	fund	fund	NOUN
cjel-11734	230	201	industry	industry	NOUN
cjel-11734	230	202	’s	’s	PART
cjel-11734	230	203	expansion	expansion	NOUN
cjel-11734	230	204	has	have	AUX
cjel-11734	230	205	occurred	occur	VERB
cjel-11734	230	206	in	in	ADP
cjel-11734	230	207	spite	spite	NOUN
cjel-11734	230	208	of	of	ADP
cjel-11734	230	209	several	several	ADJ
cjel-11734	230	210	market	market	NOUN
cjel-11734	230	211	headwinds53	headwinds53	NOUN
cjel-11734	230	212	and	and	CCONJ
cjel-11734	230	213	over	over	ADP
cjel-11734	230	214	a	a	DET
cjel-11734	230	215	period	period	NOUN
cjel-11734	230	216	in	in	ADP
cjel-11734	230	217	which	which	PRON
cjel-11734	230	218	non	non	ADJ
cjel-11734	230	219	-	-	ADJ
cjel-11734	230	220	esg	esg	ADJ
cjel-11734	230	221	funds	fund	NOUN
cjel-11734	230	222	have	have	AUX
cjel-11734	230	223	experienced	experience	VERB
cjel-11734	230	224	less	less	ADV
cjel-11734	230	225	consistent	consistent	ADJ
cjel-11734	230	226	growth	growth	NOUN
cjel-11734	230	227	.	.	PUNCT
cjel-11734	231	1	in	in	ADP
cjel-11734	231	2	2020	2020	NUM
cjel-11734	231	3	,	,	PUNCT
cjel-11734	231	4	open	open	ADJ
cjel-11734	231	5	-	-	PUNCT
cjel-11734	231	6	end	end	NOUN
cjel-11734	231	7	funds	fund	NOUN
cjel-11734	231	8	lost	lose	VERB
cjel-11734	231	9	a	a	DET
cjel-11734	231	10	record	record	NOUN
cjel-11734	231	11	$	$	SYM
cjel-11734	231	12	370	370	NUM
cjel-11734	231	13	billion	billion	NUM
cjel-11734	231	14	,	,	PUNCT
cjel-11734	231	15	which	which	PRON
cjel-11734	231	16	doubled	double	VERB
cjel-11734	231	17	the	the	DET
cjel-11734	231	18	record	record	NOUN
cjel-11734	231	19	of	of	ADP
cjel-11734	231	20	$	$	SYM
cjel-11734	231	21	180	180	NUM
cjel-11734	231	22	million	million	NUM
cjel-11734	231	23	of	of	ADP
cjel-11734	231	24	outflows	outflow	NOUN
cjel-11734	231	25	set	set	VERB
cjel-11734	231	26	in	in	ADP
cjel-11734	231	27	2019.54	2019.54	NUM
cjel-11734	231	28	over	over	ADP
cjel-11734	231	29	the	the	DET
cjel-11734	231	30	same	same	ADJ
cjel-11734	231	31	two	two	NUM
cjel-11734	231	32	-	-	PUNCT
cjel-11734	231	33	year	year	NOUN
cjel-11734	231	34	period	period	NOUN
cjel-11734	231	35	,	,	PUNCT
cjel-11734	231	36	46	46	NUM
cjel-11734	231	37	.	.	PUNCT
cjel-11734	232	1	alyssa	alyssa	PROPN
cjel-11734	232	2	stankiewicz	stankiewicz	PROPN
cjel-11734	232	3	,	,	PUNCT
cjel-11734	232	4	morningstar	morningstar	NOUN
cjel-11734	232	5	manager	manager	NOUN
cjel-11734	232	6	rsch	rsch	PROPN
cjel-11734	232	7	.	.	PUNCT
cjel-11734	232	8	,	,	PUNCT
cjel-11734	232	9	sustainable	sustainable	ADJ
cjel-11734	232	10	funds	fund	NOUN
cjel-11734	232	11	u.s	u.s	PROPN
cjel-11734	232	12	.	.	PROPN
cjel-11734	232	13	landscape	landscape	PROPN
cjel-11734	232	14	report	report	NOUN
cjel-11734	232	15	2021	2021	NUM
cjel-11734	232	16	:	:	PUNCT
cjel-11734	232	17	another	another	DET
cjel-11734	232	18	year	year	NOUN
cjel-11734	232	19	of	of	ADP
cjel-11734	232	20	broken	broken	ADJ
cjel-11734	232	21	records	record	NOUN
cjel-11734	232	22	1	1	NUM
cjel-11734	232	23	(	(	PUNCT
cjel-11734	232	24	2022	2022	NUM
cjel-11734	232	25	)	)	PUNCT
cjel-11734	232	26	.	.	PUNCT
cjel-11734	233	1	47	47	NUM
cjel-11734	233	2	.	.	PUNCT
cjel-11734	234	1	see	see	AUX
cjel-11734	234	2	rose	rise	VERB
cjel-11734	234	3	,	,	PUNCT
cjel-11734	234	4	supra	supra	PROPN
cjel-11734	234	5	note	note	NOUN
cjel-11734	234	6	44	44	NUM
cjel-11734	234	7	.	.	PUNCT
cjel-11734	234	8	48	48	NUM
cjel-11734	234	9	.	.	PUNCT
cjel-11734	235	1	these	these	DET
cjel-11734	235	2	stark	stark	ADJ
cjel-11734	235	3	differences	difference	NOUN
cjel-11734	235	4	also	also	ADV
cjel-11734	235	5	point	point	VERB
cjel-11734	235	6	out	out	ADP
cjel-11734	235	7	another	another	DET
cjel-11734	235	8	instance	instance	NOUN
cjel-11734	235	9	where	where	SCONJ
cjel-11734	235	10	the	the	DET
cjel-11734	235	11	esg	esg	PROPN
cjel-11734	235	12	industry	industry	NOUN
cjel-11734	235	13	could	could	AUX
cjel-11734	235	14	benefit	benefit	VERB
cjel-11734	235	15	tremendously	tremendously	ADV
cjel-11734	235	16	from	from	ADP
cjel-11734	235	17	standardized	standardized	ADJ
cjel-11734	235	18	methodologies	methodology	NOUN
cjel-11734	235	19	.	.	PUNCT
cjel-11734	236	1	49	49	NUM
cjel-11734	236	2	.	.	PUNCT
cjel-11734	237	1	global	global	ADJ
cjel-11734	237	2	sustainable	sustainable	ADJ
cjel-11734	237	3	inv	inv	NOUN
cjel-11734	237	4	.	.	PUNCT
cjel-11734	238	1	all	all	PRON
cjel-11734	238	2	.	.	PUNCT
cjel-11734	238	3	,	,	PUNCT
cjel-11734	238	4	global	global	ADJ
cjel-11734	238	5	sustainable	sustainable	ADJ
cjel-11734	238	6	investment	investment	NOUN
cjel-11734	238	7	review	review	NOUN
cjel-11734	238	8	2020	2020	NUM
cjel-11734	238	9	5	5	NUM
cjel-11734	238	10	(	(	PUNCT
cjel-11734	238	11	2021	2021	NUM
cjel-11734	238	12	)	)	PUNCT
cjel-11734	238	13	.	.	PUNCT
cjel-11734	239	1	50	50	NUM
cjel-11734	239	2	.	.	X
cjel-11734	239	3	saijel	saijel	PROPN
cjel-11734	239	4	kishan	kishan	PROPN
cjel-11734	239	5	,	,	PUNCT
cjel-11734	239	6	esg	esg	NOUN
cjel-11734	239	7	by	by	ADP
cjel-11734	239	8	the	the	DET
cjel-11734	239	9	numbers	number	NOUN
cjel-11734	239	10	:	:	PUNCT
cjel-11734	239	11	sustainable	sustainable	ADJ
cjel-11734	239	12	investing	investing	NOUN
cjel-11734	239	13	set	set	VERB
cjel-11734	239	14	records	record	NOUN
cjel-11734	239	15	in	in	ADP
cjel-11734	239	16	2021	2021	NUM
cjel-11734	239	17	,	,	PUNCT
cjel-11734	239	18	bloomberg	bloomberg	PROPN
cjel-11734	239	19	green	green	PROPN
cjel-11734	239	20	(	(	PUNCT
cjel-11734	239	21	feb	feb	PROPN
cjel-11734	239	22	.	.	PROPN
cjel-11734	239	23	3	3	NUM
cjel-11734	239	24	,	,	PUNCT
cjel-11734	239	25	2022	2022	NUM
cjel-11734	239	26	)	)	PUNCT
cjel-11734	239	27	,	,	PUNCT
cjel-11734	239	28	https://www.bloomberg.com/news/articles/2022-02-03/esg-by-thenumbers-sustainable-investing-set-records-in-2021	https://www.bloomberg.com/news/articles/2022-02-03/esg-by-thenumbers-sustainable-investing-set-records-in-2021	NOUN
cjel-11734	240	1	[	[	X
cjel-11734	240	2	https://perma.cc/wk86-g2px	https://perma.cc/wk86-g2px	NOUN
cjel-11734	240	3	]	]	X
cjel-11734	240	4	.	.	PUNCT
cjel-11734	241	1	51	51	NUM
cjel-11734	241	2	.	.	X
cjel-11734	241	3	stankiewicz	stankiewicz	PROPN
cjel-11734	241	4	,	,	PUNCT
cjel-11734	241	5	supra	supra	PROPN
cjel-11734	241	6	note	note	NOUN
cjel-11734	241	7	46	46	NUM
cjel-11734	241	8	.	.	PUNCT
cjel-11734	242	1	52	52	NUM
cjel-11734	242	2	.	.	PUNCT
cjel-11734	243	1	i	i	PRON
cjel-11734	243	2	d.	d.	PROPN
cjel-11734	243	3	having	have	VERB
cjel-11734	243	4	such	such	ADJ
cjel-11734	243	5	broad	broad	ADJ
cjel-11734	243	6	ranging	ranging	NOUN
cjel-11734	243	7	estimates	estimate	NOUN
cjel-11734	243	8	from	from	ADP
cjel-11734	243	9	reputable	reputable	ADJ
cjel-11734	243	10	sources	source	NOUN
cjel-11734	243	11	signals	signal	VERB
cjel-11734	243	12	another	another	DET
cjel-11734	243	13	instance	instance	NOUN
cjel-11734	243	14	in	in	ADP
cjel-11734	243	15	which	which	PRON
cjel-11734	243	16	the	the	DET
cjel-11734	243	17	lack	lack	NOUN
cjel-11734	243	18	of	of	ADP
cjel-11734	243	19	industry	industry	NOUN
cjel-11734	243	20	standards	standard	NOUN
cjel-11734	243	21	can	can	AUX
cjel-11734	243	22	undermine	undermine	VERB
cjel-11734	243	23	esg	esg	PROPN
cjel-11734	243	24	causes	cause	NOUN
cjel-11734	243	25	.	.	PUNCT
cjel-11734	244	1	53	53	NUM
cjel-11734	244	2	.	.	PUNCT
cjel-11734	245	1	the	the	DET
cjel-11734	245	2	covid-19	covid-19	PROPN
cjel-11734	245	3	pandemic	pandemic	NOUN
cjel-11734	245	4	led	lead	VERB
cjel-11734	245	5	to	to	ADP
cjel-11734	245	6	a	a	DET
cjel-11734	245	7	“	"	PUNCT
cjel-11734	245	8	shedding	shedding	NOUN
cjel-11734	245	9	”	"	PUNCT
cjel-11734	245	10	of	of	ADP
cjel-11734	245	11	$	$	SYM
cjel-11734	245	12	240	240	NUM
cjel-11734	245	13	billion	billion	NUM
cjel-11734	245	14	from	from	ADP
cjel-11734	245	15	the	the	DET
cjel-11734	245	16	u.s	u.s	PROPN
cjel-11734	245	17	.	.	PROPN
cjel-11734	245	18	equity	equity	PROPN
cjel-11734	245	19	fund	fund	NOUN
cjel-11734	245	20	market	market	NOUN
cjel-11734	245	21	in	in	ADP
cjel-11734	245	22	2020	2020	NUM
cjel-11734	245	23	and	and	CCONJ
cjel-11734	245	24	exacerbated	exacerbate	VERB
cjel-11734	245	25	the	the	DET
cjel-11734	245	26	general	general	ADJ
cjel-11734	245	27	investing	investing	NOUN
cjel-11734	245	28	trend	trend	NOUN
cjel-11734	245	29	away	away	ADV
cjel-11734	245	30	from	from	ADP
cjel-11734	245	31	active	active	ADJ
cjel-11734	245	32	funds	fund	NOUN
cjel-11734	245	33	and	and	CCONJ
cjel-11734	245	34	toward	toward	ADP
cjel-11734	245	35	lower	low	ADJ
cjel-11734	245	36	-	-	PUNCT
cjel-11734	245	37	cost	cost	NOUN
cjel-11734	245	38	,	,	PUNCT
cjel-11734	245	39	passive	passive	ADJ
cjel-11734	245	40	funds	fund	NOUN
cjel-11734	245	41	.	.	PUNCT
cjel-11734	246	1	see	see	VERB
cjel-11734	246	2	adam	adam	PROPN
cjel-11734	246	3	sabban	sabban	PROPN
cjel-11734	246	4	,	,	PUNCT
cjel-11734	246	5	u.s	u.s	PROPN
cjel-11734	246	6	.	.	PROPN
cjel-11734	246	7	fund	fund	PROPN
cjel-11734	246	8	flows	flow	NOUN
cjel-11734	246	9	smashed	smash	VERB
cjel-11734	246	10	records	record	NOUN
cjel-11734	246	11	in	in	ADP
cjel-11734	246	12	2021	2021	NUM
cjel-11734	246	13	,	,	PUNCT
cjel-11734	246	14	morningstar	morningstar	PROPN
cjel-11734	246	15	(	(	PUNCT
cjel-11734	246	16	jan	jan	PROPN
cjel-11734	246	17	.	.	PROPN
cjel-11734	246	18	19	19	NUM
cjel-11734	246	19	,	,	PUNCT
cjel-11734	246	20	2022	2022	NUM
cjel-11734	246	21	)	)	PUNCT
cjel-11734	246	22	,	,	PUNCT
cjel-11734	247	1	https://www.morningstar.com/articles/1075161/us-fund-flowssmashed-records-in-2021	https://www.morningstar.com/articles/1075161/us-fund-flowssmashed-records-in-2021	PROPN
cjel-11734	248	1	[	[	X
cjel-11734	248	2	https://perma.cc/t7ql-d4br	https://perma.cc/t7ql-d4br	X
cjel-11734	248	3	]	]	X
cjel-11734	248	4	.	.	PUNCT
cjel-11734	249	1	54	54	NUM
cjel-11734	249	2	.	.	PUNCT
cjel-11734	250	1	tony	tony	PROPN
cjel-11734	250	2	thomas	thomas	PROPN
cjel-11734	250	3	,	,	PUNCT
cjel-11734	250	4	u.s	u.s	PROPN
cjel-11734	250	5	.	.	PROPN
cjel-11734	250	6	fund	fund	NOUN
cjel-11734	250	7	flow	flow	NOUN
cjel-11734	250	8	records	record	NOUN
cjel-11734	250	9	fell	fall	VERB
cjel-11734	250	10	in	in	ADP
cjel-11734	250	11	2020	2020	NUM
cjel-11734	250	12	,	,	PUNCT
cjel-11734	250	13	morningstar	morningstar	PROPN
cjel-11734	250	14	(	(	PUNCT
cjel-11734	250	15	jan	jan	PROPN
cjel-11734	250	16	.	.	PROPN
cjel-11734	250	17	20	20	NUM
cjel-11734	250	18	,	,	PUNCT
cjel-11734	250	19	2021	2021	NUM
cjel-11734	250	20	)	)	PUNCT
cjel-11734	250	21	,	,	PUNCT
cjel-11734	250	22	https://www.morningstar.com/articles/1017899/us-fund-flow-records-fell-in-2020	https://www.morningstar.com/articles/1017899/us-fund-flow-records-fell-in-2020	VERB
cjel-11734	250	23	[	[	X
cjel-11734	250	24	https://perma.cc/s25e-szj2	https://perma.cc/s25e-szj2	X
cjel-11734	250	25	]	]	PUNCT
cjel-11734	250	26	.	.	PUNCT
cjel-11734	251	1	2023	2023	NUM
cjel-11734	251	2	]	]	PUNCT
cjel-11734	251	3	green	green	ADJ
cjel-11734	251	4	funds	fund	NOUN
cjel-11734	251	5	in	in	ADP
cjel-11734	251	6	a	a	DET
cjel-11734	251	7	gray	gray	ADJ
cjel-11734	251	8	area	area	NOUN
cjel-11734	251	9	427	427	NUM
cjel-11734	251	10	sustainable	sustainable	ADJ
cjel-11734	251	11	funds	fund	NOUN
cjel-11734	251	12	more	more	ADV
cjel-11734	251	13	than	than	ADP
cjel-11734	251	14	doubled	double	VERB
cjel-11734	251	15	their	their	PRON
cjel-11734	251	16	net	net	ADJ
cjel-11734	251	17	inflows	inflow	NOUN
cjel-11734	251	18	each	each	DET
cjel-11734	251	19	year.55	year.55	NOUN
cjel-11734	251	20	in	in	ADP
cjel-11734	251	21	2021	2021	NUM
cjel-11734	251	22	,	,	PUNCT
cjel-11734	251	23	sustainable	sustainable	ADJ
cjel-11734	251	24	fund	fund	NOUN
cjel-11734	251	25	flows	flow	NOUN
cjel-11734	251	26	netted	net	VERB
cjel-11734	251	27	nearly	nearly	ADV
cjel-11734	251	28	$	$	SYM
cjel-11734	251	29	70	70	NUM
cjel-11734	251	30	billion	billion	NUM
cjel-11734	251	31	,	,	PUNCT
cjel-11734	251	32	an	an	DET
cjel-11734	251	33	increase	increase	NOUN
cjel-11734	251	34	of	of	ADP
cjel-11734	251	35	35	35	NUM
cjel-11734	251	36	%	%	NOUN
cjel-11734	251	37	of	of	ADP
cjel-11734	251	38	the	the	DET
cjel-11734	251	39	record	record	NOUN
cjel-11734	251	40	set	set	VERB
cjel-11734	251	41	in	in	ADP
cjel-11734	251	42	2020,56	2020,56	PROPN
cjel-11734	251	43	and	and	CCONJ
cjel-11734	251	44	maintained	maintain	VERB
cjel-11734	251	45	this	this	DET
cjel-11734	251	46	strong	strong	ADJ
cjel-11734	251	47	performance	performance	NOUN
cjel-11734	251	48	while	while	SCONJ
cjel-11734	251	49	the	the	DET
cjel-11734	251	50	broader	broad	ADJ
cjel-11734	251	51	u.s	u.s	PROPN
cjel-11734	251	52	.	.	PROPN
cjel-11734	251	53	fund	fund	NOUN
cjel-11734	251	54	market	market	NOUN
cjel-11734	251	55	set	set	VERB
cjel-11734	251	56	its	its	PRON
cjel-11734	251	57	own	own	ADJ
cjel-11734	251	58	record	record	NOUN
cjel-11734	251	59	with	with	ADP
cjel-11734	251	60	more	more	ADJ
cjel-11734	251	61	than	than	ADP
cjel-11734	251	62	$	$	SYM
cjel-11734	251	63	1	1	NUM
cjel-11734	251	64	trillion	trillion	NUM
cjel-11734	251	65	in	in	ADP
cjel-11734	251	66	net	net	ADJ
cjel-11734	251	67	flows	flow	NOUN
cjel-11734	251	68	for	for	ADP
cjel-11734	251	69	the	the	DET
cjel-11734	251	70	year.57	year.57	NOUN
cjel-11734	251	71	in	in	ADP
cjel-11734	251	72	2022	2022	NUM
cjel-11734	251	73	,	,	PUNCT
cjel-11734	251	74	the	the	DET
cjel-11734	251	75	esg	esg	PROPN
cjel-11734	251	76	fund	fund	NOUN
cjel-11734	251	77	space	space	NOUN
cjel-11734	251	78	continued	continue	VERB
cjel-11734	251	79	to	to	PART
cjel-11734	251	80	outgrow	outgrow	VERB
cjel-11734	251	81	the	the	DET
cjel-11734	251	82	overall	overall	ADJ
cjel-11734	251	83	fund	fund	NOUN
cjel-11734	251	84	industry	industry	NOUN
cjel-11734	251	85	(	(	PUNCT
cjel-11734	251	86	growing	grow	VERB
cjel-11734	251	87	0.9	0.9	NUM
cjel-11734	251	88	%	%	NOUN
cjel-11734	251	89	compared	compare	VERB
cjel-11734	251	90	to	to	ADP
cjel-11734	251	91	the	the	DET
cjel-11734	251	92	overall	overall	ADJ
cjel-11734	251	93	u.s	u.s	PROPN
cjel-11734	251	94	.	.	PROPN
cjel-11734	251	95	fund	fund	NOUN
cjel-11734	251	96	universe	universe	NOUN
cjel-11734	251	97	,	,	PUNCT
cjel-11734	251	98	which	which	PRON
cjel-11734	251	99	contracted	contract	VERB
cjel-11734	251	100	by	by	ADP
cjel-11734	251	101	1.3	1.3	NUM
cjel-11734	251	102	%	%	NOUN
cjel-11734	251	103	)	)	PUNCT
cjel-11734	251	104	,	,	PUNCT
cjel-11734	251	105	even	even	ADV
cjel-11734	251	106	during	during	ADP
cjel-11734	251	107	a	a	DET
cjel-11734	251	108	period	period	NOUN
cjel-11734	251	109	of	of	ADP
cjel-11734	251	110	weaker	weak	ADJ
cjel-11734	251	111	macroeconomic	macroeconomic	ADJ
cjel-11734	251	112	conditions	condition	NOUN
cjel-11734	251	113	and	and	CCONJ
cjel-11734	251	114	specific	specific	ADJ
cjel-11734	251	115	“	"	PUNCT
cjel-11734	251	116	concerns	concern	NOUN
cjel-11734	251	117	about	about	ADP
cjel-11734	251	118	greenwashing	greenwashing	NOUN
cjel-11734	251	119	and	and	CCONJ
cjel-11734	251	120	a	a	DET
cjel-11734	251	121	political	political	ADJ
cjel-11734	251	122	backlash	backlash	NOUN
cjel-11734	251	123	against	against	ADP
cjel-11734	251	124	esg	esg	PROPN
cjel-11734	251	125	investing	investing	NOUN
cjel-11734	251	126	.	.	PUNCT
cjel-11734	252	1	”58	”58	PROPN
cjel-11734	252	2	specifically	specifically	ADV
cjel-11734	252	3	,	,	PUNCT
cjel-11734	252	4	esg	esg	PROPN
cjel-11734	252	5	funds	fund	NOUN
cjel-11734	252	6	netted	net	VERB
cjel-11734	252	7	$	$	SYM
cjel-11734	252	8	3.1	3.1	NUM
cjel-11734	252	9	billion	billion	NUM
cjel-11734	252	10	in	in	ADP
cjel-11734	252	11	annual	annual	ADJ
cjel-11734	252	12	inflows	inflow	NOUN
cjel-11734	252	13	in	in	ADP
cjel-11734	252	14	2022	2022	NUM
cjel-11734	252	15	,	,	PUNCT
cjel-11734	252	16	but	but	CCONJ
cjel-11734	252	17	this	this	PRON
cjel-11734	252	18	was	be	AUX
cjel-11734	252	19	“	"	PUNCT
cjel-11734	252	20	well	well	ADV
cjel-11734	252	21	below	below	ADP
cjel-11734	252	22	the	the	DET
cjel-11734	252	23	average	average	ADJ
cjel-11734	252	24	$	$	SYM
cjel-11734	252	25	47	47	NUM
cjel-11734	252	26	billion	billion	NUM
cjel-11734	252	27	annual	annual	ADJ
cjel-11734	252	28	collection	collection	NOUN
cjel-11734	252	29	these	these	DET
cjel-11734	252	30	funds	fund	NOUN
cjel-11734	252	31	had	have	AUX
cjel-11734	252	32	enjoyed	enjoy	VERB
cjel-11734	252	33	over	over	ADP
cjel-11734	252	34	the	the	DET
cjel-11734	252	35	previous	previous	ADJ
cjel-11734	252	36	three	three	NUM
cjel-11734	252	37	years	year	NOUN
cjel-11734	252	38	.	.	PUNCT
cjel-11734	253	1	”59	”59	VERB
cjel-11734	253	2	the	the	DET
cjel-11734	253	3	widely	widely	ADV
cjel-11734	253	4	-	-	PUNCT
cjel-11734	253	5	varying	vary	VERB
cjel-11734	253	6	performances	performance	NOUN
cjel-11734	253	7	of	of	ADP
cjel-11734	253	8	individual	individual	ADJ
cjel-11734	253	9	esg	esg	PROPN
cjel-11734	253	10	funds	fund	NOUN
cjel-11734	253	11	in	in	ADP
cjel-11734	253	12	2022	2022	NUM
cjel-11734	253	13	offer	offer	VERB
cjel-11734	253	14	additional	additional	ADJ
cjel-11734	253	15	perspective	perspective	NOUN
cjel-11734	253	16	on	on	ADP
cjel-11734	253	17	the	the	DET
cjel-11734	253	18	importance	importance	NOUN
cjel-11734	253	19	of	of	ADP
cjel-11734	253	20	these	these	DET
cjel-11734	253	21	funds	fund	NOUN
cjel-11734	253	22	’	'	PUNCT
cjel-11734	253	23	investing	investing	NOUN
cjel-11734	253	24	strategies	strategy	NOUN
cjel-11734	253	25	in	in	ADP
cjel-11734	253	26	weaker	weak	ADJ
cjel-11734	253	27	economic	economic	ADJ
cjel-11734	253	28	conditions	condition	NOUN
cjel-11734	253	29	.	.	PUNCT
cjel-11734	254	1	in	in	ADP
cjel-11734	254	2	2022	2022	NUM
cjel-11734	254	3	,	,	PUNCT
cjel-11734	254	4	the	the	DET
cjel-11734	254	5	s&p	s&p	PROPN
cjel-11734	254	6	500	500	NUM
cjel-11734	254	7	fell	fall	VERB
cjel-11734	254	8	19.4%;60	19.4%;60	NUM
cjel-11734	254	9	over	over	ADP
cjel-11734	254	10	the	the	DET
cjel-11734	254	11	same	same	ADJ
cjel-11734	254	12	period	period	NOUN
cjel-11734	254	13	,	,	PUNCT
cjel-11734	254	14	some	some	DET
cjel-11734	254	15	esg	esg	NOUN
cjel-11734	254	16	funds	fund	NOUN
cjel-11734	254	17	beat	beat	VERB
cjel-11734	254	18	the	the	DET
cjel-11734	254	19	s&p	s&p	PROPN
cjel-11734	254	20	500	500	NUM
cjel-11734	254	21	,	,	PUNCT
cjel-11734	254	22	while	while	SCONJ
cjel-11734	254	23	others	other	NOUN
cjel-11734	254	24	lagged	lag	VERB
cjel-11734	254	25	behind	behind	ADP
cjel-11734	254	26	.	.	PUNCT
cjel-11734	255	1	for	for	ADP
cjel-11734	255	2	example	example	NOUN
cjel-11734	255	3	,	,	PUNCT
cjel-11734	255	4	the	the	DET
cjel-11734	255	5	morningstar	morningstar	PROPN
cjel-11734	255	6	us	us	PROPN
cjel-11734	255	7	sustainability	sustainability	NOUN
cjel-11734	255	8	index	index	NOUN
cjel-11734	255	9	outperformed	outperform	VERB
cjel-11734	255	10	the	the	DET
cjel-11734	255	11	broader	broad	ADJ
cjel-11734	255	12	market	market	NOUN
cjel-11734	255	13	,	,	PUNCT
cjel-11734	255	14	falling	fall	VERB
cjel-11734	255	15	18.9	18.9	NUM
cjel-11734	255	16	%	%	NOUN
cjel-11734	255	17	in	in	ADP
cjel-11734	255	18	2022.61	2022.61	NUM
cjel-11734	255	19	similarly	similarly	ADV
cjel-11734	255	20	,	,	PUNCT
cjel-11734	255	21	the	the	DET
cjel-11734	255	22	morningstar	morningstar	PROPN
cjel-11734	255	23	women	woman	NOUN
cjel-11734	255	24	’s	’s	PART
cjel-11734	255	25	empowerment	empowerment	NOUN
cjel-11734	255	26	index	index	NOUN
cjel-11734	255	27	(	(	PUNCT
cjel-11734	255	28	which	which	PRON
cjel-11734	255	29	is	be	AUX
cjel-11734	255	30	overweight	overweight	ADJ
cjel-11734	255	31	energy	energy	NOUN
cjel-11734	255	32	and	and	CCONJ
cjel-11734	255	33	underweight	underweight	NOUN
cjel-11734	255	34	technology	technology	NOUN
cjel-11734	255	35	due	due	ADP
cjel-11734	255	36	to	to	ADP
cjel-11734	255	37	gender	gender	NOUN
cjel-11734	255	38	diversity	diversity	NOUN
cjel-11734	255	39	within	within	ADP
cjel-11734	255	40	those	those	DET
cjel-11734	255	41	sectors	sector	NOUN
cjel-11734	255	42	)	)	PUNCT
cjel-11734	255	43	,	,	PUNCT
cjel-11734	255	44	fell	fall	VERB
cjel-11734	255	45	17.2	17.2	NUM
cjel-11734	255	46	%	%	NOUN
cjel-11734	255	47	,	,	PUNCT
cjel-11734	255	48	which	which	PRON
cjel-11734	255	49	also	also	ADV
cjel-11734	255	50	beat	beat	VERB
cjel-11734	255	51	the	the	DET
cjel-11734	255	52	broader	broad	ADJ
cjel-11734	255	53	u.s	u.s	PROPN
cjel-11734	255	54	.	.	PROPN
cjel-11734	255	55	market.62	market.62	NOUN
cjel-11734	255	56	on	on	ADP
cjel-11734	255	57	the	the	DET
cjel-11734	255	58	other	other	ADJ
cjel-11734	255	59	hand	hand	NOUN
cjel-11734	255	60	,	,	PUNCT
cjel-11734	255	61	funds	fund	NOUN
cjel-11734	255	62	with	with	ADP
cjel-11734	255	63	heavier	heavy	ADJ
cjel-11734	255	64	exposure	exposure	NOUN
cjel-11734	255	65	to	to	ADP
cjel-11734	255	66	the	the	DET
cjel-11734	255	67	technology	technology	NOUN
cjel-11734	255	68	sector	sector	NOUN
cjel-11734	255	69	and	and	CCONJ
cjel-11734	255	70	less	less	ADJ
cjel-11734	255	71	exposure	exposure	NOUN
cjel-11734	255	72	to	to	ADP
cjel-11734	255	73	energy	energy	NOUN
cjel-11734	255	74	,	,	PUNCT
cjel-11734	255	75	like	like	ADP
cjel-11734	255	76	the	the	DET
cjel-11734	255	77	morningstar	morningstar	PROPN
cjel-11734	255	78	us	us	PROPN
cjel-11734	255	79	sustainability	sustainability	NOUN
cjel-11734	255	80	leaders	leader	NOUN
cjel-11734	255	81	index	index	NOUN
cjel-11734	255	82	,	,	PUNCT
cjel-11734	255	83	lagged	lag	VERB
cjel-11734	255	84	the	the	DET
cjel-11734	255	85	s&p	s&p	PROPN
cjel-11734	255	86	500	500	NUM
cjel-11734	255	87	,	,	PUNCT
cjel-11734	255	88	falling	fall	VERB
cjel-11734	255	89	24.5	24.5	NUM
cjel-11734	255	90	%	%	NOUN
cjel-11734	255	91	in	in	ADP
cjel-11734	255	92	2022.63	2022.63	NUM
cjel-11734	255	93	the	the	DET
cjel-11734	255	94	differing	differ	VERB
cjel-11734	255	95	performances	performance	NOUN
cjel-11734	255	96	of	of	ADP
cjel-11734	255	97	esg	esg	NOUN
cjel-11734	255	98	funds	fund	NOUN
cjel-11734	255	99	in	in	ADP
cjel-11734	255	100	55	55	NUM
cjel-11734	255	101	.	.	PUNCT
cjel-11734	256	1	jon	jon	PROPN
cjel-11734	256	2	hale	hale	PROPN
cjel-11734	256	3	,	,	PUNCT
cjel-11734	256	4	a	a	DET
cjel-11734	256	5	broken	broken	ADJ
cjel-11734	256	6	record	record	NOUN
cjel-11734	256	7	:	:	PUNCT
cjel-11734	256	8	flows	flow	VERB
cjel-11734	256	9	for	for	ADP
cjel-11734	256	10	u.s	u.s	PROPN
cjel-11734	256	11	.	.	PROPN
cjel-11734	256	12	sustainable	sustainable	ADJ
cjel-11734	256	13	funds	fund	NOUN
cjel-11734	256	14	again	again	ADV
cjel-11734	256	15	reach	reach	VERB
cjel-11734	256	16	new	new	ADJ
cjel-11734	256	17	heights	height	NOUN
cjel-11734	256	18	,	,	PUNCT
cjel-11734	256	19	morningstar	morningstar	PROPN
cjel-11734	256	20	(	(	PUNCT
cjel-11734	256	21	jan	jan	PROPN
cjel-11734	256	22	.	.	PROPN
cjel-11734	256	23	28	28	NUM
cjel-11734	256	24	,	,	PUNCT
cjel-11734	256	25	2021	2021	NUM
cjel-11734	256	26	)	)	PUNCT
cjel-11734	256	27	,	,	PUNCT
cjel-11734	256	28	https://www.morningstar.com/articles/1019195/a-brokenrecord-flows-for-us-sustainable-funds-again-reach-new-heights	https://www.morningstar.com/articles/1019195/a-brokenrecord-flows-for-us-sustainable-funds-again-reach-new-height	NOUN
cjel-11734	256	29	[	[	X
cjel-11734	256	30	https://perma.cc/9lvq2nds	https://perma.cc/9lvq2nds	X
cjel-11734	256	31	]	]	X
cjel-11734	256	32	.	.	PUNCT
cjel-11734	257	1	56	56	NUM
cjel-11734	257	2	.	.	X
cjel-11734	257	3	stankiewicz	stankiewicz	NOUN
cjel-11734	257	4	,	,	PUNCT
cjel-11734	257	5	supra	supra	PROPN
cjel-11734	257	6	note	note	NOUN
cjel-11734	257	7	46	46	NUM
cjel-11734	257	8	.	.	PUNCT
cjel-11734	258	1	57	57	NUM
cjel-11734	258	2	.	.	PUNCT
cjel-11734	259	1	i	i	PRON
cjel-11734	259	2	d.	d.	PROPN
cjel-11734	259	3	at	at	ADP
cjel-11734	259	4	10	10	NUM
cjel-11734	259	5	.	.	PUNCT
cjel-11734	260	1	58	58	NUM
cjel-11734	260	2	.	.	PUNCT
cjel-11734	261	1	alyssa	alyssa	PROPN
cjel-11734	261	2	stankiewicz	stankiewicz	PROPN
cjel-11734	261	3	,	,	PUNCT
cjel-11734	261	4	the	the	DET
cjel-11734	261	5	2022	2022	NUM
cjel-11734	261	6	u.s	u.s	PROPN
cjel-11734	261	7	.	.	PROPN
cjel-11734	261	8	sustainable	sustainable	ADJ
cjel-11734	261	9	funds	fund	NOUN
cjel-11734	261	10	landscape	landscape	NOUN
cjel-11734	261	11	in	in	ADP
cjel-11734	261	12	5	5	NUM
cjel-11734	261	13	charts	chart	NOUN
cjel-11734	261	14	,	,	PUNCT
cjel-11734	261	15	morningstar	morningstar	PROPN
cjel-11734	261	16	(	(	PUNCT
cjel-11734	261	17	feb	feb	PROPN
cjel-11734	261	18	.	.	PROPN
cjel-11734	261	19	17	17	NUM
cjel-11734	261	20	,	,	PUNCT
cjel-11734	261	21	2023	2023	NUM
cjel-11734	261	22	)	)	PUNCT
cjel-11734	261	23	,	,	PUNCT
cjel-11734	261	24	https://www.morningstar.com/articles/1138540/the-2022-us-sustainablefunds-landscape-in-5-charts	https://www.morningstar.com/articles/1138540/the-2022-us-sustainablefunds-landscape-in-5-charts	PROPN
cjel-11734	262	1	[	[	X
cjel-11734	262	2	https://perma.cc/424f-wxxb	https://perma.cc/424f-wxxb	PROPN
cjel-11734	262	3	]	]	X
cjel-11734	262	4	.	.	PUNCT
cjel-11734	263	1	59	59	NUM
cjel-11734	263	2	.	.	PUNCT
cjel-11734	264	1	i	i	PRON
cjel-11734	264	2	d.	d.	PROPN
cjel-11734	264	3	60	60	NUM
cjel-11734	264	4	.	.	PUNCT
cjel-11734	265	1	leslie	leslie	PROPN
cjel-11734	265	2	norton	norton	PROPN
cjel-11734	265	3	,	,	PUNCT
cjel-11734	265	4	esg	esg	PROPN
cjel-11734	265	5	investing	invest	VERB
cjel-11734	265	6	keeps	keep	VERB
cjel-11734	265	7	pace	pace	NOUN
cjel-11734	265	8	with	with	ADP
cjel-11734	265	9	conventional	conventional	ADJ
cjel-11734	265	10	investing	investing	NOUN
cjel-11734	265	11	in	in	ADP
cjel-11734	265	12	2022	2022	NUM
cjel-11734	265	13	,	,	PUNCT
cjel-11734	265	14	morningstar	morningstar	PROPN
cjel-11734	265	15	(	(	PUNCT
cjel-11734	265	16	jan	jan	PROPN
cjel-11734	265	17	.	.	PROPN
cjel-11734	265	18	12	12	NUM
cjel-11734	265	19	,	,	PUNCT
cjel-11734	265	20	2023	2023	NUM
cjel-11734	265	21	)	)	PUNCT
cjel-11734	265	22	,	,	PUNCT
cjel-11734	265	23	https://www.morningstar.com/articles/1132007/esg-investingkeeps-pace-with-conventional-investing-in-2022	https://www.morningstar.com/articles/1132007/esg-investingkeeps-pace-with-conventional-investing-in-2022	X
cjel-11734	266	1	[	[	X
cjel-11734	266	2	https://perma.cc/5bb9-r5vx	https://perma.cc/5bb9-r5vx	NUM
cjel-11734	266	3	]	]	SYM
cjel-11734	266	4	.	.	PUNCT
cjel-11734	267	1	61	61	NUM
cjel-11734	267	2	.	.	PUNCT
cjel-11734	268	1	i	i	PRON
cjel-11734	268	2	d.	d.	PROPN
cjel-11734	268	3	the	the	DET
cjel-11734	268	4	fund	fund	PROPN
cjel-11734	268	5	’s	’s	PART
cjel-11734	268	6	above	above	ADP
cjel-11734	268	7	-	-	PUNCT
cjel-11734	268	8	market	market	NOUN
cjel-11734	268	9	performance	performance	NOUN
cjel-11734	268	10	is	be	AUX
cjel-11734	268	11	partially	partially	ADV
cjel-11734	268	12	attributed	attribute	VERB
cjel-11734	268	13	to	to	ADP
cjel-11734	268	14	its	its	PRON
cjel-11734	268	15	avoidance	avoidance	NOUN
cjel-11734	268	16	of	of	ADP
cjel-11734	268	17	particular	particular	ADJ
cjel-11734	268	18	securities	security	NOUN
cjel-11734	268	19	,	,	PUNCT
cjel-11734	268	20	including	include	VERB
cjel-11734	268	21	amazon.com	amazon.com	X
cjel-11734	268	22	and	and	CCONJ
cjel-11734	268	23	tesla	tesla	PROPN
cjel-11734	268	24	,	,	PUNCT
cjel-11734	268	25	“	"	PUNCT
cjel-11734	268	26	which	which	PRON
cjel-11734	268	27	both	both	PRON
cjel-11734	268	28	performed	perform	VERB
cjel-11734	268	29	horribly	horribly	ADV
cjel-11734	268	30	during	during	ADP
cjel-11734	268	31	the	the	DET
cjel-11734	268	32	year	year	NOUN
cjel-11734	268	33	.	.	PUNCT
cjel-11734	268	34	”	"	PUNCT
cjel-11734	269	1	i	i	PRON
cjel-11734	269	2	d.	d.	PROPN
cjel-11734	269	3	62	62	NUM
cjel-11734	269	4	.	.	PUNCT
cjel-11734	270	1	i	i	PRON
cjel-11734	270	2	d.	d.	PROPN
cjel-11734	270	3	63	63	NUM
cjel-11734	270	4	.	.	PUNCT
cjel-11734	271	1	i	i	PRON
cjel-11734	271	2	d.	d.	PROPN
cjel-11734	271	3	428	428	NUM
cjel-11734	271	4	columbia	columbia	PROPN
cjel-11734	271	5	journal	journal	PROPN
cjel-11734	271	6	of	of	ADP
cjel-11734	271	7	environmental	environmental	ADJ
cjel-11734	271	8	law	law	NOUN
cjel-11734	272	1	[	[	X
cjel-11734	272	2	vol.48:2	vol.48:2	NOUN
cjel-11734	272	3	2022	2022	NUM
cjel-11734	272	4	speak	speak	VERB
cjel-11734	272	5	“	"	PUNCT
cjel-11734	272	6	to	to	ADP
cjel-11734	272	7	the	the	DET
cjel-11734	272	8	fact	fact	NOUN
cjel-11734	272	9	that	that	SCONJ
cjel-11734	272	10	sustainable	sustainable	ADJ
cjel-11734	272	11	investing	investing	NOUN
cjel-11734	272	12	is	be	AUX
cjel-11734	272	13	a	a	DET
cjel-11734	272	14	diverse	diverse	ADJ
cjel-11734	272	15	field	field	NOUN
cjel-11734	272	16	that	that	PRON
cjel-11734	272	17	can	can	AUX
cjel-11734	272	18	take	take	VERB
cjel-11734	272	19	many	many	ADJ
cjel-11734	272	20	forms,”64	forms,”64	NOUN
cjel-11734	272	21	and	and	CCONJ
cjel-11734	272	22	only	only	ADV
cjel-11734	272	23	bolster	bolster	VERB
cjel-11734	272	24	the	the	DET
cjel-11734	272	25	position	position	NOUN
cjel-11734	272	26	that	that	SCONJ
cjel-11734	272	27	investors	investor	NOUN
cjel-11734	272	28	ought	ought	AUX
cjel-11734	272	29	to	to	PART
cjel-11734	272	30	be	be	AUX
cjel-11734	272	31	provided	provide	VERB
cjel-11734	272	32	with	with	ADP
cjel-11734	272	33	more	more	ADJ
cjel-11734	272	34	tools	tool	NOUN
cjel-11734	272	35	to	to	PART
cjel-11734	272	36	understand	understand	VERB
cjel-11734	272	37	how	how	SCONJ
cjel-11734	272	38	a	a	DET
cjel-11734	272	39	particular	particular	ADJ
cjel-11734	272	40	fund	fund	NOUN
cjel-11734	272	41	incorporates	incorporate	VERB
cjel-11734	272	42	esg	esg	NOUN
cjel-11734	272	43	considerations	consideration	NOUN
cjel-11734	272	44	into	into	ADP
cjel-11734	272	45	its	its	PRON
cjel-11734	272	46	investment	investment	NOUN
cjel-11734	272	47	selection	selection	NOUN
cjel-11734	272	48	process	process	NOUN
cjel-11734	272	49	,	,	PUNCT
cjel-11734	272	50	as	as	SCONJ
cjel-11734	272	51	variances	variance	NOUN
cjel-11734	272	52	in	in	ADP
cjel-11734	272	53	methodology	methodology	NOUN
cjel-11734	272	54	can	can	AUX
cjel-11734	272	55	have	have	VERB
cjel-11734	272	56	a	a	DET
cjel-11734	272	57	meaningful	meaningful	ADJ
cjel-11734	272	58	impact	impact	NOUN
cjel-11734	272	59	on	on	ADP
cjel-11734	272	60	fund	fund	NOUN
cjel-11734	272	61	performance	performance	NOUN
cjel-11734	272	62	.	.	PUNCT
cjel-11734	273	1	similarly	similarly	ADV
cjel-11734	273	2	,	,	PUNCT
cjel-11734	273	3	there	there	PRON
cjel-11734	273	4	is	be	VERB
cjel-11734	273	5	also	also	ADV
cjel-11734	273	6	confusion	confusion	NOUN
cjel-11734	273	7	over	over	ADP
cjel-11734	273	8	the	the	DET
cjel-11734	273	9	exact	exact	ADJ
cjel-11734	273	10	size	size	NOUN
cjel-11734	273	11	of	of	ADP
cjel-11734	273	12	the	the	DET
cjel-11734	273	13	global	global	ADJ
cjel-11734	273	14	esg	esg	PROPN
cjel-11734	273	15	industry	industry	NOUN
cjel-11734	273	16	.	.	PUNCT
cjel-11734	274	1	the	the	DET
cjel-11734	274	2	gsia	gsia	PROPN
cjel-11734	274	3	estimated	estimate	VERB
cjel-11734	274	4	the	the	DET
cjel-11734	274	5	global	global	PROPN
cjel-11734	274	6	esg	esg	PROPN
cjel-11734	274	7	market	market	NOUN
cjel-11734	274	8	was	be	AUX
cjel-11734	274	9	a	a	DET
cjel-11734	274	10	$	$	SYM
cjel-11734	274	11	35.3	35.3	NUM
cjel-11734	274	12	trillion	trillion	NUM
cjel-11734	274	13	industry	industry	NOUN
cjel-11734	274	14	as	as	ADP
cjel-11734	274	15	of	of	ADP
cjel-11734	274	16	2020	2020	NUM
cjel-11734	274	17	,	,	PUNCT
cjel-11734	274	18	which	which	PRON
cjel-11734	274	19	accounted	account	VERB
cjel-11734	274	20	for	for	ADP
cjel-11734	274	21	over	over	ADP
cjel-11734	274	22	one	one	NUM
cjel-11734	274	23	-	-	PUNCT
cjel-11734	274	24	third	third	NOUN
cjel-11734	274	25	of	of	ADP
cjel-11734	274	26	all	all	DET
cjel-11734	274	27	assets	asset	NOUN
cjel-11734	274	28	under	under	ADP
cjel-11734	274	29	management.65	management.65	NOUN
cjel-11734	274	30	meanwhile	meanwhile	ADV
cjel-11734	274	31	,	,	PUNCT
cjel-11734	274	32	morningstar	morningstar	PROPN
cjel-11734	274	33	estimated	estimate	VERB
cjel-11734	274	34	that	that	SCONJ
cjel-11734	274	35	the	the	DET
cjel-11734	274	36	global	global	PROPN
cjel-11734	274	37	esg	esg	PROPN
cjel-11734	274	38	industry	industry	NOUN
cjel-11734	274	39	’s	’s	PART
cjel-11734	274	40	53	53	NUM
cjel-11734	274	41	%	%	NOUN
cjel-11734	274	42	growth	growth	NOUN
cjel-11734	274	43	in	in	ADP
cjel-11734	274	44	2021	2021	NUM
cjel-11734	274	45	brought	bring	VERB
cjel-11734	274	46	the	the	DET
cjel-11734	274	47	industry	industry	NOUN
cjel-11734	274	48	’s	’s	PART
cjel-11734	274	49	assets	asset	NOUN
cjel-11734	274	50	under	under	ADP
cjel-11734	274	51	management	management	NOUN
cjel-11734	274	52	to	to	ADP
cjel-11734	274	53	$	$	SYM
cjel-11734	274	54	2.7	2.7	NUM
cjel-11734	274	55	trillion.66	trillion.66	NOUN
cjel-11734	274	56	reuters	reuter	NOUN
cjel-11734	274	57	reported	report	VERB
cjel-11734	274	58	that	that	SCONJ
cjel-11734	274	59	in	in	ADP
cjel-11734	274	60	2021	2021	NUM
cjel-11734	274	61	,	,	PUNCT
cjel-11734	274	62	investors	investor	NOUN
cjel-11734	274	63	worldwide	worldwide	ADV
cjel-11734	274	64	poured	pour	VERB
cjel-11734	274	65	a	a	DET
cjel-11734	274	66	record	record	NOUN
cjel-11734	274	67	$	$	SYM
cjel-11734	274	68	649	649	NUM
cjel-11734	274	69	billion	billion	NUM
cjel-11734	274	70	into	into	ADP
cjel-11734	274	71	esg	esg	PROPN
cjel-11734	274	72	funds	fund	NOUN
cjel-11734	274	73	,	,	PUNCT
cjel-11734	274	74	up	up	ADV
cjel-11734	274	75	from	from	ADP
cjel-11734	274	76	the	the	DET
cjel-11734	274	77	$	$	SYM
cjel-11734	274	78	542	542	NUM
cjel-11734	274	79	billion	billion	NUM
cjel-11734	274	80	and	and	CCONJ
cjel-11734	274	81	$	$	SYM
cjel-11734	274	82	285	285	NUM
cjel-11734	274	83	billion	billion	NUM
cjel-11734	274	84	that	that	PRON
cjel-11734	274	85	flowed	flow	VERB
cjel-11734	274	86	into	into	ADP
cjel-11734	274	87	esg	esg	NOUN
cjel-11734	274	88	funds	fund	NOUN
cjel-11734	274	89	during	during	ADP
cjel-11734	274	90	2020	2020	NUM
cjel-11734	274	91	and	and	CCONJ
cjel-11734	274	92	2019	2019	NUM
cjel-11734	274	93	,	,	PUNCT
cjel-11734	274	94	respectively.67	respectively.67	VERB
cjel-11734	274	95	like	like	INTJ
cjel-11734	274	96	in	in	ADP
cjel-11734	274	97	the	the	DET
cjel-11734	274	98	u.s	u.s	PROPN
cjel-11734	274	99	.	.	PROPN
cjel-11734	274	100	market	market	NOUN
cjel-11734	274	101	,	,	PUNCT
cjel-11734	274	102	esg	esg	PROPN
cjel-11734	274	103	funds	fund	NOUN
cjel-11734	274	104	slowed	slow	VERB
cjel-11734	274	105	their	their	PRON
cjel-11734	274	106	growth	growth	NOUN
cjel-11734	274	107	on	on	ADP
cjel-11734	274	108	a	a	DET
cjel-11734	274	109	global	global	ADJ
cjel-11734	274	110	level	level	NOUN
cjel-11734	274	111	;	;	PUNCT
cjel-11734	274	112	in	in	ADP
cjel-11734	274	113	2022	2022	NUM
cjel-11734	274	114	,	,	PUNCT
cjel-11734	274	115	global	global	ADJ
cjel-11734	274	116	esg	esg	PROPN
cjel-11734	274	117	fund	fund	NOUN
cjel-11734	274	118	assets	asset	NOUN
cjel-11734	274	119	were	be	AUX
cjel-11734	274	120	reported	report	VERB
cjel-11734	274	121	to	to	PART
cjel-11734	274	122	have	have	AUX
cjel-11734	274	123	reached	reach	VERB
cjel-11734	274	124	about	about	ADP
cjel-11734	274	125	$	$	SYM
cjel-11734	274	126	2.5	2.5	NUM
cjel-11734	274	127	trillion	trillion	NUM
cjel-11734	274	128	,	,	PUNCT
cjel-11734	274	129	with	with	ADP
cjel-11734	274	130	growth	growth	NOUN
cjel-11734	274	131	largely	largely	ADV
cjel-11734	274	132	driven	drive	VERB
cjel-11734	274	133	by	by	ADP
cjel-11734	274	134	european	european	ADJ
cjel-11734	274	135	investors.68	investors.68	NOUN
cjel-11734	274	136	before	before	ADP
cjel-11734	274	137	2022	2022	NUM
cjel-11734	274	138	,	,	PUNCT
cjel-11734	274	139	it	it	PRON
cjel-11734	274	140	was	be	AUX
cjel-11734	274	141	reported	report	VERB
cjel-11734	274	142	that	that	SCONJ
cjel-11734	274	143	10	10	NUM
cjel-11734	274	144	%	%	NOUN
cjel-11734	274	145	of	of	ADP
cjel-11734	274	146	worldwide	worldwide	ADJ
cjel-11734	274	147	fund	fund	NOUN
cjel-11734	274	148	assets	asset	NOUN
cjel-11734	274	149	are	be	AUX
cjel-11734	274	150	now	now	ADV
cjel-11734	274	151	in	in	ADP
cjel-11734	274	152	esg	esg	NOUN
cjel-11734	274	153	funds,69	funds,69	VERB
cjel-11734	274	154	and	and	CCONJ
cjel-11734	274	155	the	the	DET
cjel-11734	274	156	most	most	ADV
cjel-11734	274	157	bullish	bullish	ADJ
cjel-11734	274	158	analysts	analyst	NOUN
cjel-11734	274	159	estimate	estimate	VERB
cjel-11734	274	160	that	that	SCONJ
cjel-11734	274	161	60	60	NUM
cjel-11734	274	162	%	%	NOUN
cjel-11734	274	163	of	of	ADP
cjel-11734	274	164	mutual	mutual	ADJ
cjel-11734	274	165	fund	fund	NOUN
cjel-11734	274	166	assets	asset	NOUN
cjel-11734	274	167	will	will	AUX
cjel-11734	274	168	be	be	AUX
cjel-11734	274	169	managed	manage	VERB
cjel-11734	274	170	through	through	ADP
cjel-11734	274	171	a	a	DET
cjel-11734	274	172	sustainability	sustainability	NOUN
cjel-11734	274	173	lens	lens	NOUN
cjel-11734	274	174	by	by	ADP
cjel-11734	274	175	2025.70	2025.70	NUM
cjel-11734	274	176	in	in	ADP
cjel-11734	274	177	addition	addition	NOUN
cjel-11734	274	178	to	to	ADP
cjel-11734	274	179	the	the	DET
cjel-11734	274	180	record	record	NOUN
cjel-11734	274	181	assets	asset	NOUN
cjel-11734	274	182	under	under	ADP
cjel-11734	274	183	management	management	NOUN
cjel-11734	274	184	and	and	CCONJ
cjel-11734	274	185	inflows	inflow	NOUN
cjel-11734	274	186	into	into	ADP
cjel-11734	274	187	esg	esg	PROPN
cjel-11734	274	188	funds	fund	NOUN
cjel-11734	274	189	,	,	PUNCT
cjel-11734	274	190	there	there	PRON
cjel-11734	274	191	has	have	AUX
cjel-11734	274	192	been	be	AUX
cjel-11734	274	193	a	a	DET
cjel-11734	274	194	sizable	sizable	ADJ
cjel-11734	274	195	increase	increase	NOUN
cjel-11734	274	196	in	in	ADP
cjel-11734	274	197	the	the	DET
cjel-11734	274	198	number	number	NOUN
cjel-11734	274	199	of	of	ADP
cjel-11734	274	200	funds	fund	NOUN
cjel-11734	274	201	employing	employ	VERB
cjel-11734	274	202	esg	esg	NOUN
cjel-11734	274	203	strategies	strategy	NOUN
cjel-11734	274	204	and	and	CCONJ
cjel-11734	274	205	incorporating	incorporate	VERB
cjel-11734	274	206	esg	esg	NOUN
cjel-11734	274	207	language	language	NOUN
cjel-11734	274	208	into	into	ADP
cjel-11734	274	209	their	their	PRON
cjel-11734	274	210	disclosures	disclosure	NOUN
cjel-11734	274	211	.	.	PUNCT
cjel-11734	275	1	as	as	ADP
cjel-11734	275	2	of	of	ADP
cjel-11734	275	3	2019	2019	NUM
cjel-11734	275	4	,	,	PUNCT
cjel-11734	275	5	in	in	ADP
cjel-11734	275	6	the	the	DET
cjel-11734	275	7	united	united	PROPN
cjel-11734	275	8	states	states	PROPN
cjel-11734	275	9	,	,	PUNCT
cjel-11734	275	10	there	there	PRON
cjel-11734	275	11	were	be	VERB
cjel-11734	275	12	564	564	NUM
cjel-11734	275	13	funds	fund	NOUN
cjel-11734	275	14	that	that	PRON
cjel-11734	275	15	made	make	VERB
cjel-11734	275	16	references	reference	NOUN
cjel-11734	275	17	to	to	ADP
cjel-11734	275	18	esg	esg	NOUN
cjel-11734	275	19	factors	factor	NOUN
cjel-11734	275	20	in	in	ADP
cjel-11734	275	21	their	their	PRON
cjel-11734	275	22	prospectuses,71	prospectuses,71	NOUN
cjel-11734	275	23	and	and	CCONJ
cjel-11734	275	24	overall	overall	ADJ
cjel-11734	275	25	,	,	PUNCT
cjel-11734	275	26	718	718	NUM
cjel-11734	275	27	mutual	mutual	ADJ
cjel-11734	275	28	funds	fund	NOUN
cjel-11734	275	29	and	and	CCONJ
cjel-11734	275	30	94	94	NUM
cjel-11734	275	31	etfs	etfs	NOUN
cjel-11734	275	32	with	with	ADP
cjel-11734	275	33	esg	esg	PROPN
cjel-11734	275	34	assets.72	assets.72	VERB
cjel-11734	275	35	the	the	DET
cjel-11734	275	36	number	number	NOUN
cjel-11734	275	37	of	of	ADP
cjel-11734	275	38	fully	fully	ADV
cjel-11734	275	39	esg	esg	PROPN
cjel-11734	275	40	-	-	PUNCT
cjel-11734	275	41	focused	focus	VERB
cjel-11734	275	42	funds	fund	NOUN
cjel-11734	275	43	has	have	AUX
cjel-11734	275	44	grown	grow	VERB
cjel-11734	275	45	dramatically	dramatically	ADV
cjel-11734	275	46	as	as	ADV
cjel-11734	275	47	well	well	ADV
cjel-11734	275	48	;	;	PUNCT
cjel-11734	275	49	specifically	specifically	ADV
cjel-11734	275	50	,	,	PUNCT
cjel-11734	275	51	there	there	PRON
cjel-11734	275	52	were	be	VERB
cjel-11734	275	53	534	534	NUM
cjel-11734	275	54	sustainable	sustainable	ADJ
cjel-11734	275	55	funds	fund	NOUN
cjel-11734	275	56	(	(	PUNCT
cjel-11734	275	57	374	374	NUM
cjel-11734	275	58	of	of	ADP
cjel-11734	275	59	which	which	PRON
cjel-11734	275	60	were	be	AUX
cjel-11734	275	61	64	64	NUM
cjel-11734	275	62	.	.	PUNCT
cjel-11734	276	1	i	i	PRON
cjel-11734	276	2	d.	d.	PROPN
cjel-11734	276	3	65	65	NUM
cjel-11734	276	4	.	.	PUNCT
cjel-11734	277	1	global	global	ADJ
cjel-11734	277	2	sustainable	sustainable	ADJ
cjel-11734	277	3	inv	inv	NOUN
cjel-11734	277	4	.	.	PUNCT
cjel-11734	278	1	all	all	PRON
cjel-11734	278	2	.	.	PUNCT
cjel-11734	278	3	,	,	PUNCT
cjel-11734	278	4	supra	supra	PROPN
cjel-11734	278	5	note	note	PROPN
cjel-11734	278	6	49	49	NUM
cjel-11734	278	7	,	,	PUNCT
cjel-11734	278	8	at	at	ADP
cjel-11734	278	9	5	5	NUM
cjel-11734	278	10	.	.	PUNCT
cjel-11734	278	11	66	66	NUM
cjel-11734	278	12	.	.	PUNCT
cjel-11734	279	1	sparkes	sparke	NOUN
cjel-11734	279	2	,	,	PUNCT
cjel-11734	279	3	supra	supra	PROPN
cjel-11734	279	4	note	note	NOUN
cjel-11734	279	5	36	36	NUM
cjel-11734	279	6	.	.	NOUN
cjel-11734	279	7	67	67	NUM
cjel-11734	279	8	.	.	PUNCT
cjel-11734	280	1	ross	ross	PROPN
cjel-11734	280	2	kerver	kerver	PROPN
cjel-11734	280	3	&	&	CCONJ
cjel-11734	280	4	simon	simon	PROPN
cjel-11734	280	5	jessop	jessop	PROPN
cjel-11734	280	6	,	,	PUNCT
cjel-11734	280	7	analysis	analysis	NOUN
cjel-11734	280	8	:	:	PUNCT
cjel-11734	280	9	how	how	SCONJ
cjel-11734	280	10	2021	2021	NUM
cjel-11734	280	11	became	become	VERB
cjel-11734	280	12	the	the	DET
cjel-11734	280	13	year	year	NOUN
cjel-11734	280	14	of	of	ADP
cjel-11734	280	15	esg	esg	PROPN
cjel-11734	280	16	investing	investing	NOUN
cjel-11734	280	17	,	,	PUNCT
cjel-11734	280	18	reuters	reuters	PROPN
cjel-11734	280	19	(	(	PUNCT
cjel-11734	280	20	dec	dec	PROPN
cjel-11734	280	21	.	.	PROPN
cjel-11734	280	22	23	23	NUM
cjel-11734	280	23	,	,	PUNCT
cjel-11734	280	24	2021	2021	NUM
cjel-11734	280	25	)	)	PUNCT
cjel-11734	280	26	,	,	PUNCT
cjel-11734	280	27	https://www.reuters.com/markets/us/how-2021-became-year-esginvesting-2021-12-23/	https://www.reuters.com/markets/us/how-2021-became-year-esginvesting-2021-12-23/	PROPN
cjel-11734	281	1	[	[	X
cjel-11734	281	2	https://perma.cc/t3gc-9uw8	https://perma.cc/t3gc-9uw8	PROPN
cjel-11734	281	3	]	]	X
cjel-11734	281	4	.	.	PUNCT
cjel-11734	282	1	68	68	NUM
cjel-11734	282	2	.	.	PUNCT
cjel-11734	282	3	brian	brian	PROPN
cjel-11734	282	4	baker	baker	PROPN
cjel-11734	282	5	,	,	PUNCT
cjel-11734	282	6	esg	esg	PROPN
cjel-11734	282	7	investing	invest	VERB
cjel-11734	282	8	statistics	statistic	NOUN
cjel-11734	282	9	2023	2023	NUM
cjel-11734	282	10	,	,	PUNCT
cjel-11734	282	11	bankrate	bankrate	PROPN
cjel-11734	282	12	(	(	PUNCT
cjel-11734	282	13	jan	jan	PROPN
cjel-11734	282	14	.	.	PROPN
cjel-11734	282	15	31	31	NUM
cjel-11734	282	16	,	,	PUNCT
cjel-11734	282	17	2023	2023	NUM
cjel-11734	282	18	)	)	PUNCT
cjel-11734	282	19	,	,	PUNCT
cjel-11734	282	20	https://www.bankrate.com/investing/esg-investing-statistics/#stats	https://www.bankrate.com/investing/esg-investing-statistics/#stat	VERB
cjel-11734	282	21	[	[	X
cjel-11734	282	22	https://perma.cc/yzj54p3x	https://perma.cc/yzj54p3x	NOUN
cjel-11734	282	23	]	]	X
cjel-11734	282	24	.	.	PUNCT
cjel-11734	283	1	69	69	NUM
cjel-11734	283	2	.	.	PUNCT
cjel-11734	284	1	kerver	kerver	PROPN
cjel-11734	284	2	&	&	CCONJ
cjel-11734	284	3	jessop	jessop	PROPN
cjel-11734	284	4	,	,	PUNCT
cjel-11734	284	5	supra	supra	PROPN
cjel-11734	284	6	note	note	PROPN
cjel-11734	284	7	67	67	NUM
cjel-11734	284	8	.	.	PUNCT
cjel-11734	285	1	70	70	NUM
cjel-11734	285	2	.	.	PUNCT
cjel-11734	286	1	i	i	PRON
cjel-11734	286	2	d.	d.	PROPN
cjel-11734	286	3	71	71	NUM
cjel-11734	286	4	.	.	PUNCT
cjel-11734	287	1	john	john	PROPN
cjel-11734	287	2	hale	hale	PROPN
cjel-11734	287	3	,	,	PUNCT
cjel-11734	287	4	morningstar	morningstar	PROPN
cjel-11734	287	5	,	,	PUNCT
cjel-11734	287	6	sustainable	sustainable	ADJ
cjel-11734	287	7	funds	fund	NOUN
cjel-11734	287	8	u.s	u.s	PROPN
cjel-11734	287	9	.	.	PROPN
cjel-11734	287	10	landscape	landscape	NOUN
cjel-11734	287	11	report	report	NOUN
cjel-11734	287	12	:	:	PUNCT
cjel-11734	287	13	more	more	ADJ
cjel-11734	287	14	funds	fund	NOUN
cjel-11734	287	15	,	,	PUNCT
cjel-11734	287	16	more	more	ADJ
cjel-11734	287	17	flows	flow	NOUN
cjel-11734	287	18	,	,	PUNCT
cjel-11734	287	19	and	and	CCONJ
cjel-11734	287	20	impressive	impressive	ADJ
cjel-11734	287	21	returns	return	NOUN
cjel-11734	287	22	in	in	ADP
cjel-11734	287	23	2020	2020	NUM
cjel-11734	287	24	4	4	NUM
cjel-11734	287	25	at	at	ADP
cjel-11734	287	26	n.4	n.4	PROPN
cjel-11734	287	27	(	(	PUNCT
cjel-11734	287	28	2021	2021	NUM
cjel-11734	287	29	)	)	PUNCT
cjel-11734	287	30	.	.	PUNCT
cjel-11734	288	1	72	72	NUM
cjel-11734	288	2	.	.	PUNCT
cjel-11734	289	1	us	us	PROPN
cjel-11734	289	2	sif	sif	PROPN
cjel-11734	289	3	found	find	VERB
cjel-11734	289	4	.	.	PUNCT
cjel-11734	289	5	,	,	PUNCT
cjel-11734	289	6	2020	2020	NUM
cjel-11734	289	7	report	report	NOUN
cjel-11734	289	8	on	on	ADP
cjel-11734	289	9	u.s	u.s	PROPN
cjel-11734	289	10	.	.	PROPN
cjel-11734	289	11	sustainable	sustainable	ADJ
cjel-11734	289	12	and	and	CCONJ
cjel-11734	289	13	impact	impact	VERB
cjel-11734	289	14	investing	investing	NOUN
cjel-11734	289	15	trends	trend	NOUN
cjel-11734	289	16	(	(	PUNCT
cjel-11734	289	17	2020	2020	NUM
cjel-11734	289	18	)	)	PUNCT
cjel-11734	289	19	.	.	PUNCT
cjel-11734	290	1	2023	2023	NUM
cjel-11734	290	2	]	]	PUNCT
cjel-11734	290	3	green	green	ADJ
cjel-11734	290	4	funds	fund	NOUN
cjel-11734	290	5	in	in	ADP
cjel-11734	290	6	a	a	DET
cjel-11734	290	7	gray	gray	ADJ
cjel-11734	290	8	area	area	NOUN
cjel-11734	290	9	429	429	NUM
cjel-11734	290	10	open	open	ADJ
cjel-11734	290	11	-	-	PUNCT
cjel-11734	290	12	end	end	NOUN
cjel-11734	290	13	funds	fund	NOUN
cjel-11734	290	14	and	and	CCONJ
cjel-11734	290	15	etfs	etfs	PROPN
cjel-11734	290	16	)	)	PUNCT
cjel-11734	290	17	available	available	ADJ
cjel-11734	290	18	in	in	ADP
cjel-11734	290	19	the	the	DET
cjel-11734	290	20	united	united	PROPN
cjel-11734	290	21	states	states	PROPN
cjel-11734	290	22	in	in	ADP
cjel-11734	290	23	2021	2021	NUM
cjel-11734	290	24	,	,	PUNCT
cjel-11734	290	25	a	a	DET
cjel-11734	290	26	36	36	NUM
cjel-11734	290	27	%	%	NOUN
cjel-11734	290	28	increase	increase	NOUN
cjel-11734	290	29	over	over	ADP
cjel-11734	290	30	the	the	DET
cjel-11734	290	31	record	record	NOUN
cjel-11734	290	32	set	set	VERB
cjel-11734	290	33	in	in	ADP
cjel-11734	290	34	2020.73	2020.73	NUM
cjel-11734	290	35	in	in	ADP
cjel-11734	290	36	2021	2021	NUM
cjel-11734	290	37	alone	alone	ADV
cjel-11734	290	38	,	,	PUNCT
cjel-11734	290	39	121	121	NUM
cjel-11734	290	40	new	new	ADJ
cjel-11734	290	41	sustainable	sustainable	ADJ
cjel-11734	290	42	funds	fund	NOUN
cjel-11734	290	43	were	be	AUX
cjel-11734	290	44	launched	launch	VERB
cjel-11734	290	45	,	,	PUNCT
cjel-11734	290	46	breaking	break	VERB
cjel-11734	290	47	2020	2020	NUM
cjel-11734	290	48	’s	’s	PART
cjel-11734	290	49	record	record	NOUN
cjel-11734	290	50	of	of	ADP
cjel-11734	290	51	71.74	71.74	NUM
cjel-11734	290	52	with	with	ADP
cjel-11734	290	53	the	the	DET
cjel-11734	290	54	rise	rise	NOUN
cjel-11734	290	55	in	in	ADP
cjel-11734	290	56	number	number	NOUN
cjel-11734	290	57	of	of	ADP
cjel-11734	290	58	esg	esg	NOUN
cjel-11734	290	59	funds	fund	NOUN
cjel-11734	290	60	has	have	AUX
cjel-11734	290	61	come	come	VERB
cjel-11734	290	62	an	an	DET
cjel-11734	290	63	increase	increase	NOUN
cjel-11734	290	64	in	in	ADP
cjel-11734	290	65	funds	fund	NOUN
cjel-11734	290	66	that	that	PRON
cjel-11734	290	67	label	label	VERB
cjel-11734	290	68	themselves	themselves	PRON
cjel-11734	290	69	as	as	ADP
cjel-11734	290	70	esg	esg	PROPN
cjel-11734	290	71	.	.	PROPN
cjel-11734	291	1	of	of	ADP
cjel-11734	291	2	these	these	DET
cjel-11734	291	3	funds	fund	NOUN
cjel-11734	291	4	,	,	PUNCT
cjel-11734	291	5	the	the	DET
cjel-11734	291	6	number	number	NOUN
cjel-11734	291	7	that	that	PRON
cjel-11734	291	8	include	include	VERB
cjel-11734	291	9	“	"	PUNCT
cjel-11734	291	10	esg	esg	PROPN
cjel-11734	291	11	”	"	PUNCT
cjel-11734	291	12	or	or	CCONJ
cjel-11734	291	13	related	relate	VERB
cjel-11734	291	14	terms75	terms75	NOUN
cjel-11734	291	15	in	in	ADP
cjel-11734	291	16	their	their	PRON
cjel-11734	291	17	names	name	NOUN
cjel-11734	291	18	has	have	AUX
cjel-11734	291	19	skyrocketed	skyrocket	VERB
cjel-11734	291	20	,	,	PUNCT
cjel-11734	291	21	from	from	ADP
cjel-11734	291	22	65	65	NUM
cjel-11734	291	23	in	in	ADP
cjel-11734	291	24	200776	200776	NUM
cjel-11734	291	25	to	to	ADP
cjel-11734	291	26	311	311	NUM
cjel-11734	291	27	by	by	ADP
cjel-11734	291	28	march	march	PROPN
cjel-11734	291	29	2020.77	2020.77	NUM
cjel-11734	291	30	what	what	PRON
cjel-11734	291	31	is	be	AUX
cjel-11734	291	32	less	less	ADV
cjel-11734	291	33	clear	clear	ADJ
cjel-11734	291	34	is	be	AUX
cjel-11734	291	35	how	how	SCONJ
cjel-11734	291	36	these	these	DET
cjel-11734	291	37	funds	fund	NOUN
cjel-11734	291	38	distinguish	distinguish	VERB
cjel-11734	291	39	themselves	themselves	PRON
cjel-11734	291	40	,	,	PUNCT
cjel-11734	291	41	approach	approach	NOUN
cjel-11734	291	42	esg	esg	PROPN
cjel-11734	291	43	investing	investing	NOUN
cjel-11734	291	44	,	,	PUNCT
cjel-11734	291	45	or	or	CCONJ
cjel-11734	291	46	incorporate	incorporate	VERB
cjel-11734	291	47	specific	specific	ADJ
cjel-11734	291	48	esg	esg	NOUN
cjel-11734	291	49	principles	principle	NOUN
cjel-11734	291	50	and	and	CCONJ
cjel-11734	291	51	strategies	strategy	NOUN
cjel-11734	291	52	into	into	ADP
cjel-11734	291	53	their	their	PRON
cjel-11734	291	54	respective	respective	ADJ
cjel-11734	291	55	investment	investment	NOUN
cjel-11734	291	56	selection	selection	NOUN
cjel-11734	291	57	processes	process	NOUN
cjel-11734	291	58	.	.	PUNCT
cjel-11734	292	1	3	3	X
cjel-11734	292	2	.	.	X
cjel-11734	292	3	the	the	DET
cjel-11734	292	4	different	different	ADJ
cjel-11734	292	5	esg	esg	PROPN
cjel-11734	292	6	investing	investing	NOUN
cjel-11734	292	7	strategies	strategy	NOUN
cjel-11734	292	8	while	while	SCONJ
cjel-11734	292	9	older	old	ADJ
cjel-11734	292	10	iterations	iteration	NOUN
cjel-11734	292	11	of	of	ADP
cjel-11734	292	12	esg	esg	PROPN
cjel-11734	292	13	investing	invest	VERB
cjel-11734	292	14	primarily	primarily	ADV
cjel-11734	292	15	implemented	implement	VERB
cjel-11734	292	16	exclusionary	exclusionary	ADJ
cjel-11734	292	17	approaches	approach	NOUN
cjel-11734	292	18	to	to	PART
cjel-11734	292	19	avoid	avoid	VERB
cjel-11734	292	20	businesses	business	NOUN
cjel-11734	292	21	that	that	PRON
cjel-11734	292	22	did	do	AUX
cjel-11734	292	23	not	not	PART
cjel-11734	292	24	reflect	reflect	VERB
cjel-11734	292	25	their	their	PRON
cjel-11734	292	26	political	political	ADJ
cjel-11734	292	27	,	,	PUNCT
cjel-11734	292	28	social	social	ADJ
cjel-11734	292	29	,	,	PUNCT
cjel-11734	292	30	religious	religious	ADJ
cjel-11734	292	31	,	,	PUNCT
cjel-11734	292	32	or	or	CCONJ
cjel-11734	292	33	moral	moral	ADJ
cjel-11734	292	34	values	value	NOUN
cjel-11734	292	35	,	,	PUNCT
cjel-11734	292	36	they	they	PRON
cjel-11734	292	37	often	often	ADV
cjel-11734	292	38	paid	pay	VERB
cjel-11734	292	39	the	the	DET
cjel-11734	292	40	price	price	NOUN
cjel-11734	292	41	in	in	ADP
cjel-11734	292	42	the	the	DET
cjel-11734	292	43	form	form	NOUN
cjel-11734	292	44	of	of	ADP
cjel-11734	292	45	lower	low	ADJ
cjel-11734	292	46	returns.78	returns.78	NOUN
cjel-11734	292	47	since	since	SCONJ
cjel-11734	292	48	then	then	ADV
cjel-11734	292	49	,	,	PUNCT
cjel-11734	292	50	a	a	DET
cjel-11734	292	51	litany	litany	NOUN
cjel-11734	292	52	of	of	ADP
cjel-11734	292	53	esg	esg	PROPN
cjel-11734	292	54	investing	investing	NOUN
cjel-11734	292	55	approaches79	approaches79	NOUN
cjel-11734	292	56	have	have	AUX
cjel-11734	292	57	been	be	AUX
cjel-11734	292	58	developed	develop	VERB
cjel-11734	292	59	that	that	PRON
cjel-11734	292	60	purportedly	purportedly	ADV
cjel-11734	292	61	enable	enable	ADJ
cjel-11734	292	62	individuals	individual	NOUN
cjel-11734	292	63	to	to	PART
cjel-11734	292	64	invest	invest	VERB
cjel-11734	292	65	in	in	ADP
cjel-11734	292	66	accordance	accordance	NOUN
cjel-11734	292	67	with	with	ADP
cjel-11734	292	68	their	their	PRON
cjel-11734	292	69	values	value	NOUN
cjel-11734	292	70	and	and	CCONJ
cjel-11734	292	71	simultaneously	simultaneously	ADV
cjel-11734	292	72	achieve	achieve	VERB
cjel-11734	292	73	risk	risk	NOUN
cjel-11734	292	74	-	-	PUNCT
cjel-11734	292	75	adjusted	adjust	VERB
cjel-11734	292	76	returns.80	returns.80	NOUN
cjel-11734	292	77	investors	investor	NOUN
cjel-11734	292	78	’	'	PUNCT
cjel-11734	292	79	wideranging	widerange	VERB
cjel-11734	292	80	motivations	motivation	NOUN
cjel-11734	292	81	for	for	ADP
cjel-11734	292	82	investing	invest	VERB
cjel-11734	292	83	in	in	ADP
cjel-11734	292	84	esg	esg	PROPN
cjel-11734	292	85	funds	fund	NOUN
cjel-11734	292	86	have	have	AUX
cjel-11734	292	87	led	lead	VERB
cjel-11734	292	88	to	to	ADP
cjel-11734	292	89	the	the	DET
cjel-11734	292	90	development	development	NOUN
cjel-11734	292	91	of	of	ADP
cjel-11734	292	92	several	several	ADJ
cjel-11734	292	93	esg	esg	NOUN
cjel-11734	292	94	investing	investing	NOUN
cjel-11734	292	95	strategies	strategy	NOUN
cjel-11734	292	96	that	that	PRON
cjel-11734	292	97	weigh	weigh	VERB
cjel-11734	292	98	returns	return	NOUN
cjel-11734	292	99	and	and	CCONJ
cjel-11734	292	100	impact	impact	NOUN
cjel-11734	292	101	differently	differently	ADV
cjel-11734	292	102	;	;	PUNCT
cjel-11734	292	103	identifying	identify	VERB
cjel-11734	292	104	how	how	SCONJ
cjel-11734	292	105	a	a	DET
cjel-11734	292	106	particular	particular	ADJ
cjel-11734	292	107	strategy	strategy	NOUN
cjel-11734	292	108	balances	balance	VERB
cjel-11734	292	109	73	73	NUM
cjel-11734	292	110	.	.	PUNCT
cjel-11734	293	1	sparkes	sparke	NOUN
cjel-11734	293	2	,	,	PUNCT
cjel-11734	293	3	supra	supra	PROPN
cjel-11734	293	4	note	note	PROPN
cjel-11734	293	5	36	36	NUM
cjel-11734	293	6	,	,	PUNCT
cjel-11734	293	7	at	at	ADP
cjel-11734	293	8	1	1	NUM
cjel-11734	293	9	.	.	PUNCT
cjel-11734	293	10	74	74	NUM
cjel-11734	293	11	.	.	PUNCT
cjel-11734	294	1	i	i	PRON
cjel-11734	294	2	d.	d.	PROPN
cjel-11734	294	3	75	75	NUM
cjel-11734	294	4	.	.	PUNCT
cjel-11734	295	1	request	request	NOUN
cjel-11734	295	2	for	for	ADP
cjel-11734	295	3	comment	comment	NOUN
cjel-11734	295	4	on	on	ADP
cjel-11734	295	5	fund	fund	NOUN
cjel-11734	295	6	names	name	NOUN
cjel-11734	295	7	,	,	PUNCT
cjel-11734	295	8	85	85	NUM
cjel-11734	295	9	fed	feed	VERB
cjel-11734	295	10	.	.	PUNCT
cjel-11734	296	1	reg	reg	PROPN
cjel-11734	296	2	.	.	PUNCT
cjel-11734	297	1	13,221	13,221	NUM
cjel-11734	297	2	(	(	PUNCT
cjel-11734	297	3	mar	mar	PROPN
cjel-11734	297	4	.	.	PROPN
cjel-11734	297	5	2	2	NUM
cjel-11734	297	6	,	,	PUNCT
cjel-11734	297	7	2020	2020	NUM
cjel-11734	297	8	)	)	PUNCT
cjel-11734	297	9	.	.	PUNCT
cjel-11734	298	1	the	the	DET
cjel-11734	298	2	sec	sec	PROPN
cjel-11734	298	3	used	use	VERB
cjel-11734	298	4	the	the	DET
cjel-11734	298	5	following	follow	VERB
cjel-11734	298	6	search	search	NOUN
cjel-11734	298	7	terms	term	NOUN
cjel-11734	298	8	:	:	PUNCT
cjel-11734	298	9	“	"	PUNCT
cjel-11734	298	10	esg	esg	NOUN
cjel-11734	298	11	,	,	PUNCT
cjel-11734	298	12	”	"	PUNCT
cjel-11734	298	13	“	"	PUNCT
cjel-11734	298	14	clean	clean	ADJ
cjel-11734	298	15	,	,	PUNCT
cjel-11734	298	16	”	"	PUNCT
cjel-11734	298	17	“	"	PUNCT
cjel-11734	298	18	environmental	environmental	ADJ
cjel-11734	298	19	,	,	PUNCT
cjel-11734	298	20	”	"	PUNCT
cjel-11734	298	21	“	"	PUNCT
cjel-11734	298	22	impact	impact	NOUN
cjel-11734	298	23	,	,	PUNCT
cjel-11734	298	24	”	"	PUNCT
cjel-11734	298	25	“	"	PUNCT
cjel-11734	298	26	responsible	responsible	ADJ
cjel-11734	298	27	,	,	PUNCT
cjel-11734	298	28	”	"	PUNCT
cjel-11734	298	29	“	"	PUNCT
cjel-11734	298	30	social	social	ADJ
cjel-11734	298	31	,	,	PUNCT
cjel-11734	298	32	”	"	PUNCT
cjel-11734	298	33	and	and	CCONJ
cjel-11734	298	34	“	"	PUNCT
cjel-11734	298	35	sustainable	sustainable	ADJ
cjel-11734	298	36	.	.	PUNCT
cjel-11734	298	37	”	"	PUNCT
cjel-11734	299	1	i	i	PRON
cjel-11734	299	2	d.	d.	VERB
cjel-11734	299	3	at	at	ADP
cjel-11734	299	4	n.23	n.23	PROPN
cjel-11734	299	5	.	.	PROPN
cjel-11734	299	6	76	76	NUM
cjel-11734	299	7	.	.	PUNCT
cjel-11734	300	1	i	i	PRON
cjel-11734	300	2	d.	d.	PROPN
cjel-11734	300	3	77	77	NUM
cjel-11734	300	4	.	.	PUNCT
cjel-11734	300	5	letter	letter	NOUN
cjel-11734	300	6	from	from	ADP
cjel-11734	300	7	aron	aron	PROPN
cjel-11734	300	8	szapiro	szapiro	PROPN
cjel-11734	300	9	&	&	CCONJ
cjel-11734	300	10	jasmin	jasmin	PROPN
cjel-11734	300	11	sethi	sethi	PROPN
cjel-11734	300	12	,	,	PUNCT
cjel-11734	300	13	morningstar	morningstar	PROPN
cjel-11734	300	14	,	,	PUNCT
cjel-11734	300	15	to	to	ADP
cjel-11734	300	16	the	the	DET
cjel-11734	300	17	u.s	u.s	PROPN
cjel-11734	300	18	.	.	PROPN
cjel-11734	300	19	securities	securities	PROPN
cjel-11734	300	20	and	and	CCONJ
cjel-11734	300	21	exchange	exchange	PROPN
cjel-11734	300	22	commission	commission	PROPN
cjel-11734	300	23	in	in	ADP
cjel-11734	300	24	response	response	NOUN
cjel-11734	300	25	to	to	PART
cjel-11734	300	26	request	request	VERB
cjel-11734	300	27	for	for	ADP
cjel-11734	300	28	comment	comment	NOUN
cjel-11734	300	29	on	on	ADP
cjel-11734	300	30	fund	fund	NOUN
cjel-11734	300	31	names	name	NOUN
cjel-11734	300	32	(	(	PUNCT
cjel-11734	300	33	may	may	PROPN
cjel-11734	300	34	5	5	NUM
cjel-11734	300	35	,	,	PUNCT
cjel-11734	300	36	2020	2020	NUM
cjel-11734	300	37	)	)	PUNCT
cjel-11734	300	38	.	.	PUNCT
cjel-11734	301	1	78	78	NUM
cjel-11734	301	2	.	.	PUNCT
cjel-11734	302	1	pieter	pieter	PROPN
cjel-11734	302	2	j.	j.	PROPN
cjel-11734	302	3	trinks	trinks	PROPN
cjel-11734	302	4	&	&	CCONJ
cjel-11734	302	5	bert	bert	PROPN
cjel-11734	302	6	scholtens	scholtens	PROPN
cjel-11734	302	7	,	,	PUNCT
cjel-11734	302	8	the	the	DET
cjel-11734	302	9	opportunity	opportunity	NOUN
cjel-11734	302	10	cost	cost	NOUN
cjel-11734	302	11	of	of	ADP
cjel-11734	302	12	negative	negative	ADJ
cjel-11734	302	13	screening	screening	NOUN
cjel-11734	302	14	in	in	ADP
cjel-11734	302	15	socially	socially	ADV
cjel-11734	302	16	responsible	responsible	ADJ
cjel-11734	302	17	investing	investing	NOUN
cjel-11734	302	18	,	,	PUNCT
cjel-11734	302	19	140	140	NUM
cjel-11734	302	20	j.	j.	PROPN
cjel-11734	302	21	bus	bus	PROPN
cjel-11734	302	22	.	.	PUNCT
cjel-11734	303	1	ethics	ethic	NOUN
cjel-11734	303	2	193	193	NUM
cjel-11734	303	3	,	,	PUNCT
cjel-11734	303	4	194	194	NUM
cjel-11734	303	5	(	(	PUNCT
cjel-11734	303	6	2017	2017	NUM
cjel-11734	303	7	)	)	PUNCT
cjel-11734	303	8	(	(	PUNCT
cjel-11734	303	9	concluding	conclude	VERB
cjel-11734	303	10	that	that	SCONJ
cjel-11734	303	11	excluding	exclude	VERB
cjel-11734	303	12	controversial	controversial	ADJ
cjel-11734	303	13	stocks	stock	NOUN
cjel-11734	303	14	generally	generally	ADV
cjel-11734	303	15	leads	lead	VERB
cjel-11734	303	16	to	to	ADP
cjel-11734	303	17	suboptimal	suboptimal	ADJ
cjel-11734	303	18	financial	financial	ADJ
cjel-11734	303	19	performance	performance	NOUN
cjel-11734	303	20	)	)	PUNCT
cjel-11734	303	21	;	;	PUNCT
cjel-11734	303	22	but	but	CCONJ
cjel-11734	303	23	see	see	VERB
cjel-11734	303	24	benjamin	benjamin	PROPN
cjel-11734	303	25	r.	r.	PROPN
cjel-11734	303	26	auer	auer	PROPN
cjel-11734	303	27	&	&	CCONJ
cjel-11734	303	28	frank	frank	PROPN
cjel-11734	303	29	schuhmacher	schuhmacher	PROPN
cjel-11734	303	30	,	,	PUNCT
cjel-11734	303	31	do	do	AUX
cjel-11734	303	32	socially	socially	ADV
cjel-11734	303	33	(	(	PUNCT
cjel-11734	303	34	ir)responsible	ir)responsible	ADJ
cjel-11734	303	35	investments	investment	NOUN
cjel-11734	303	36	pay	pay	VERB
cjel-11734	303	37	?	?	PUNCT
cjel-11734	304	1	new	new	ADJ
cjel-11734	304	2	evidence	evidence	NOUN
cjel-11734	304	3	from	from	ADP
cjel-11734	304	4	international	international	PROPN
cjel-11734	304	5	esg	esg	PROPN
cjel-11734	304	6	data	data	PROPN
cjel-11734	304	7	,	,	PUNCT
cjel-11734	304	8	59	59	NUM
cjel-11734	304	9	q.	q.	PROPN
cjel-11734	304	10	rev	rev	PROPN
cjel-11734	304	11	.	.	PROPN
cjel-11734	304	12	econ	econ	PROPN
cjel-11734	304	13	.	.	PROPN
cjel-11734	304	14	&	&	CCONJ
cjel-11734	304	15	fin	fin	PROPN
cjel-11734	304	16	.	.	PUNCT
cjel-11734	305	1	51	51	NUM
cjel-11734	305	2	,	,	PUNCT
cjel-11734	305	3	51	51	NUM
cjel-11734	305	4	(	(	PUNCT
cjel-11734	305	5	2016	2016	NUM
cjel-11734	305	6	)	)	PUNCT
cjel-11734	305	7	(	(	PUNCT
cjel-11734	305	8	finding	find	VERB
cjel-11734	305	9	a	a	DET
cjel-11734	305	10	difference	difference	NOUN
cjel-11734	305	11	between	between	ADP
cjel-11734	305	12	u.s	u.s	PROPN
cjel-11734	305	13	.	.	PROPN
cjel-11734	305	14	investors	investor	NOUN
cjel-11734	305	15	who	who	PRON
cjel-11734	305	16	can	can	AUX
cjel-11734	305	17	follow	follow	VERB
cjel-11734	305	18	an	an	DET
cjel-11734	305	19	esg	esg	PROPN
cjel-11734	305	20	-	-	PUNCT
cjel-11734	305	21	based	base	VERB
cjel-11734	305	22	investment	investment	NOUN
cjel-11734	305	23	style	style	NOUN
cjel-11734	305	24	and	and	CCONJ
cjel-11734	305	25	still	still	ADV
cjel-11734	305	26	obtain	obtain	VERB
cjel-11734	305	27	a	a	DET
cjel-11734	305	28	performance	performance	NOUN
cjel-11734	305	29	similar	similar	ADJ
cjel-11734	305	30	to	to	ADP
cjel-11734	305	31	the	the	DET
cjel-11734	305	32	broad	broad	ADJ
cjel-11734	305	33	market	market	NOUN
cjel-11734	305	34	and	and	CCONJ
cjel-11734	305	35	european	european	ADJ
cjel-11734	305	36	investors	investor	NOUN
cjel-11734	305	37	who	who	PRON
cjel-11734	305	38	tended	tend	VERB
cjel-11734	305	39	to	to	PART
cjel-11734	305	40	pay	pay	VERB
cjel-11734	305	41	a	a	DET
cjel-11734	305	42	price	price	NOUN
cjel-11734	305	43	for	for	ADP
cjel-11734	305	44	socially	socially	ADV
cjel-11734	305	45	responsible	responsible	ADJ
cjel-11734	305	46	investing	investing	NOUN
cjel-11734	305	47	)	)	PUNCT
cjel-11734	305	48	.	.	PUNCT
cjel-11734	306	1	79	79	NUM
cjel-11734	306	2	.	.	PUNCT
cjel-11734	307	1	for	for	ADP
cjel-11734	307	2	more	more	ADJ
cjel-11734	307	3	information	information	NOUN
cjel-11734	307	4	on	on	ADP
cjel-11734	307	5	the	the	DET
cjel-11734	307	6	various	various	ADJ
cjel-11734	307	7	esg	esg	NOUN
cjel-11734	307	8	investment	investment	NOUN
cjel-11734	307	9	strategies	strategy	NOUN
cjel-11734	307	10	and	and	CCONJ
cjel-11734	307	11	the	the	DET
cjel-11734	307	12	ensuing	ensue	VERB
cjel-11734	307	13	potential	potential	NOUN
cjel-11734	307	14	for	for	ADP
cjel-11734	307	15	investor	investor	NOUN
cjel-11734	307	16	confusion	confusion	NOUN
cjel-11734	307	17	,	,	PUNCT
cjel-11734	307	18	see	see	VERB
cjel-11734	307	19	quinn	quinn	PROPN
cjel-11734	307	20	curtis	curtis	PROPN
cjel-11734	307	21	et	et	PROPN
cjel-11734	307	22	al	al	PROPN
cjel-11734	307	23	.	.	PROPN
cjel-11734	307	24	,	,	PUNCT
cjel-11734	307	25	do	do	AUX
cjel-11734	307	26	esg	esg	PROPN
cjel-11734	307	27	funds	fund	NOUN
cjel-11734	307	28	deliver	deliver	VERB
cjel-11734	307	29	on	on	ADP
cjel-11734	307	30	their	their	PRON
cjel-11734	307	31	promises	promise	NOUN
cjel-11734	307	32	?	?	PUNCT
cjel-11734	307	33	,	,	PUNCT
cjel-11734	307	34	120	120	NUM
cjel-11734	307	35	mich	mich	X
cjel-11734	307	36	.	.	PUNCT
cjel-11734	308	1	l.	l.	PROPN
cjel-11734	308	2	rev	rev	PROPN
cjel-11734	308	3	.	.	PROPN
cjel-11734	308	4	393	393	NUM
cjel-11734	308	5	,	,	PUNCT
cjel-11734	308	6	404–408	404–408	NUM
cjel-11734	308	7	(	(	PUNCT
cjel-11734	308	8	2021	2021	NUM
cjel-11734	308	9	)	)	PUNCT
cjel-11734	308	10	.	.	PUNCT
cjel-11734	309	1	80	80	NUM
cjel-11734	309	2	.	.	PUNCT
cjel-11734	310	1	e.g.	e.g.	ADV
cjel-11734	310	2	,	,	PUNCT
cjel-11734	310	3	tensie	tensie	DET
cjel-11734	310	4	whelan	whelan	PROPN
cjel-11734	310	5	et	et	PROPN
cjel-11734	310	6	al	al	PROPN
cjel-11734	310	7	.	.	PROPN
cjel-11734	310	8	,	,	PUNCT
cjel-11734	310	9	esg	esg	PROPN
cjel-11734	310	10	and	and	CCONJ
cjel-11734	310	11	financial	financial	ADJ
cjel-11734	310	12	performance	performance	NOUN
cjel-11734	310	13	:	:	PUNCT
cjel-11734	310	14	uncovering	uncover	VERB
cjel-11734	310	15	the	the	DET
cjel-11734	310	16	relationship	relationship	NOUN
cjel-11734	310	17	by	by	ADP
cjel-11734	310	18	aggregating	aggregate	VERB
cjel-11734	310	19	evidence	evidence	NOUN
cjel-11734	310	20	from	from	ADP
cjel-11734	310	21	1,000	1,000	NUM
cjel-11734	310	22	plus	plus	CCONJ
cjel-11734	310	23	studies	study	NOUN
cjel-11734	310	24	published	publish	VERB
cjel-11734	310	25	between	between	ADP
cjel-11734	310	26	2015–2020	2015–2020	NUM
cjel-11734	310	27	2–3	2–3	NOUN
cjel-11734	310	28	,	,	PUNCT
cjel-11734	310	29	5	5	NUM
cjel-11734	310	30	(	(	PUNCT
cjel-11734	310	31	2021	2021	NUM
cjel-11734	310	32	)	)	PUNCT
cjel-11734	310	33	(	(	PUNCT
cjel-11734	310	34	“	"	PUNCT
cjel-11734	310	35	esg	esg	NOUN
cjel-11734	310	36	integration	integration	NOUN
cjel-11734	310	37	,	,	PUNCT
cjel-11734	310	38	broadly	broadly	ADV
cjel-11734	310	39	speaking	speak	VERB
cjel-11734	310	40	as	as	ADP
cjel-11734	310	41	an	an	DET
cjel-11734	310	42	investment	investment	NOUN
cjel-11734	310	43	strategy	strategy	NOUN
cjel-11734	310	44	,	,	PUNCT
cjel-11734	310	45	seems	seem	VERB
cjel-11734	310	46	to	to	PART
cjel-11734	310	47	perform	perform	VERB
cjel-11734	310	48	better	well	ADV
cjel-11734	310	49	than	than	ADP
cjel-11734	310	50	negative	negative	ADJ
cjel-11734	310	51	screening	screening	NOUN
cjel-11734	310	52	approaches	approach	NOUN
cjel-11734	310	53	.	.	PUNCT
cjel-11734	310	54	”	"	PUNCT
cjel-11734	310	55	)	)	PUNCT
cjel-11734	310	56	.	.	PUNCT
cjel-11734	311	1	430	430	NUM
cjel-11734	311	2	columbia	columbia	PROPN
cjel-11734	311	3	journal	journal	PROPN
cjel-11734	311	4	of	of	ADP
cjel-11734	311	5	environmental	environmental	ADJ
cjel-11734	311	6	law	law	NOUN
cjel-11734	311	7	[	[	X
cjel-11734	311	8	vol.48:2	vol.48:2	NOUN
cjel-11734	311	9	seeking	seek	VERB
cjel-11734	311	10	return	return	NOUN
cjel-11734	311	11	and	and	CCONJ
cjel-11734	311	12	impact	impact	NOUN
cjel-11734	311	13	is	be	AUX
cjel-11734	311	14	crucial	crucial	ADJ
cjel-11734	311	15	to	to	ADP
cjel-11734	311	16	understanding	understand	VERB
cjel-11734	311	17	a	a	DET
cjel-11734	311	18	fund	fund	NOUN
cjel-11734	311	19	’s	’s	PART
cjel-11734	311	20	priorities	priority	NOUN
cjel-11734	311	21	and	and	CCONJ
cjel-11734	311	22	its	its	PRON
cjel-11734	311	23	potential	potential	ADJ
cjel-11734	311	24	esg	esg	NOUN
cjel-11734	311	25	impact	impact	NOUN
cjel-11734	311	26	(	(	PUNCT
cjel-11734	311	27	or	or	CCONJ
cjel-11734	311	28	lack	lack	NOUN
cjel-11734	311	29	thereof	thereof	ADV
cjel-11734	311	30	)	)	PUNCT
cjel-11734	311	31	.	.	PUNCT
cjel-11734	312	1	in	in	ADP
cjel-11734	312	2	other	other	ADJ
cjel-11734	312	3	words	word	NOUN
cjel-11734	312	4	,	,	PUNCT
cjel-11734	312	5	esg	esg	NOUN
cjel-11734	312	6	investing	investing	NOUN
cjel-11734	312	7	strategies	strategy	NOUN
cjel-11734	312	8	can	can	AUX
cjel-11734	312	9	be	be	AUX
cjel-11734	312	10	placed	place	VERB
cjel-11734	312	11	on	on	ADP
cjel-11734	312	12	a	a	DET
cjel-11734	312	13	spectrum	spectrum	NOUN
cjel-11734	312	14	between	between	ADP
cjel-11734	312	15	two	two	NUM
cjel-11734	312	16	opposing	oppose	VERB
cjel-11734	312	17	priorities	priority	NOUN
cjel-11734	312	18	:	:	PUNCT
cjel-11734	312	19	returns	return	NOUN
cjel-11734	312	20	and	and	CCONJ
cjel-11734	312	21	impact	impact	NOUN
cjel-11734	312	22	.	.	PUNCT
cjel-11734	313	1	81	81	NUM
cjel-11734	313	2	return	return	NOUN
cjel-11734	313	3	-	-	PUNCT
cjel-11734	313	4	focused	focus	VERB
cjel-11734	313	5	esg	esg	NOUN
cjel-11734	313	6	funds	fund	NOUN
cjel-11734	313	7	incorporate	incorporate	VERB
cjel-11734	313	8	esg	esg	NOUN
cjel-11734	313	9	factors	factor	NOUN
cjel-11734	313	10	into	into	ADP
cjel-11734	313	11	their	their	PRON
cjel-11734	313	12	investment	investment	NOUN
cjel-11734	313	13	selection	selection	NOUN
cjel-11734	313	14	processes	process	NOUN
cjel-11734	313	15	along	along	ADV
cjel-11734	313	16	with	with	ADP
cjel-11734	313	17	other	other	ADJ
cjel-11734	313	18	material	material	NOUN
cjel-11734	313	19	information	information	NOUN
cjel-11734	313	20	with	with	ADP
cjel-11734	313	21	the	the	DET
cjel-11734	313	22	goal	goal	NOUN
cjel-11734	313	23	of	of	ADP
cjel-11734	313	24	enhancing	enhance	VERB
cjel-11734	313	25	their	their	PRON
cjel-11734	313	26	financial	financial	ADJ
cjel-11734	313	27	performance.82	performance.82	NOUN
cjel-11734	313	28	in	in	ADP
cjel-11734	313	29	contrast	contrast	NOUN
cjel-11734	313	30	,	,	PUNCT
cjel-11734	313	31	impact	impact	NOUN
cjel-11734	313	32	-	-	PUNCT
cjel-11734	313	33	focused	focus	VERB
cjel-11734	313	34	funds	fund	NOUN
cjel-11734	313	35	“	"	PUNCT
cjel-11734	313	36	use	use	VERB
cjel-11734	313	37	esg	esg	NOUN
cjel-11734	313	38	analysis	analysis	NOUN
cjel-11734	313	39	as	as	ADP
cjel-11734	313	40	a	a	DET
cjel-11734	313	41	significant	significant	ADJ
cjel-11734	313	42	part	part	NOUN
cjel-11734	313	43	of	of	ADP
cjel-11734	313	44	the	the	DET
cjel-11734	313	45	investment	investment	NOUN
cjel-11734	313	46	thesis	thesis	NOUN
cjel-11734	313	47	to	to	PART
cjel-11734	313	48	respond	respond	VERB
cjel-11734	313	49	to	to	ADP
cjel-11734	313	50	investors	investor	NOUN
cjel-11734	313	51	’	’	PART
cjel-11734	313	52	objectives	objective	NOUN
cjel-11734	313	53	and	and	CCONJ
cjel-11734	313	54	accomplish	accomplish	VERB
cjel-11734	313	55	sustainability	sustainability	NOUN
cjel-11734	313	56	-	-	PUNCT
cjel-11734	313	57	related	relate	VERB
cjel-11734	313	58	outcomes	outcome	NOUN
cjel-11734	313	59	while	while	SCONJ
cjel-11734	313	60	seeking	seek	VERB
cjel-11734	313	61	financial	financial	ADJ
cjel-11734	313	62	returns	return	NOUN
cjel-11734	313	63	.	.	PUNCT
cjel-11734	314	1	”83	”83	NOUN
cjel-11734	314	2	put	put	VERB
cjel-11734	314	3	simply	simply	ADV
cjel-11734	314	4	,	,	PUNCT
cjel-11734	314	5	return	return	NOUN
cjel-11734	314	6	-	-	PUNCT
cjel-11734	314	7	focused	focus	VERB
cjel-11734	314	8	esg	esg	NOUN
cjel-11734	314	9	funds	fund	NOUN
cjel-11734	314	10	use	use	VERB
cjel-11734	314	11	esg	esg	PROPN
cjel-11734	314	12	data	datum	NOUN
cjel-11734	314	13	to	to	PART
cjel-11734	314	14	maximize	maximize	VERB
cjel-11734	314	15	profit	profit	NOUN
cjel-11734	314	16	,	,	PUNCT
cjel-11734	314	17	while	while	SCONJ
cjel-11734	314	18	impact	impact	NOUN
cjel-11734	314	19	-	-	PUNCT
cjel-11734	314	20	focused	focus	VERB
cjel-11734	314	21	funds	fund	NOUN
cjel-11734	314	22	use	use	VERB
cjel-11734	314	23	esg	esg	PROPN
cjel-11734	314	24	data	datum	NOUN
cjel-11734	314	25	to	to	PART
cjel-11734	314	26	maximize	maximize	VERB
cjel-11734	314	27	esg	esg	PROPN
cjel-11734	314	28	outcomes.84	outcomes.84	PROPN
cjel-11734	314	29	under	under	ADP
cjel-11734	314	30	the	the	DET
cjel-11734	314	31	sec	sec	PROPN
cjel-11734	314	32	’s	’s	PART
cjel-11734	314	33	proposed	propose	VERB
cjel-11734	314	34	taxonomy	taxonomy	NOUN
cjel-11734	314	35	,	,	PUNCT
cjel-11734	314	36	integration	integration	NOUN
cjel-11734	314	37	funds	fund	NOUN
cjel-11734	314	38	fall	fall	VERB
cjel-11734	314	39	closer	close	ADV
cjel-11734	314	40	to	to	ADP
cjel-11734	314	41	the	the	DET
cjel-11734	314	42	profit	profit	NOUN
cjel-11734	314	43	-	-	PUNCT
cjel-11734	314	44	maximization	maximization	NOUN
cjel-11734	314	45	end	end	NOUN
cjel-11734	314	46	,	,	PUNCT
cjel-11734	314	47	whereas	whereas	SCONJ
cjel-11734	314	48	esg	esg	PROPN
cjel-11734	314	49	-	-	PUNCT
cjel-11734	314	50	focused	focus	VERB
cjel-11734	314	51	and	and	CCONJ
cjel-11734	314	52	impact	impact	NOUN
cjel-11734	314	53	funds	fund	NOUN
cjel-11734	314	54	are	be	AUX
cjel-11734	314	55	further	far	ADV
cjel-11734	314	56	toward	toward	ADP
cjel-11734	314	57	the	the	DET
cjel-11734	314	58	impact	impact	NOUN
cjel-11734	314	59	-	-	PUNCT
cjel-11734	314	60	focused	focus	VERB
cjel-11734	314	61	end	end	NOUN
cjel-11734	314	62	of	of	ADP
cjel-11734	314	63	the	the	DET
cjel-11734	314	64	spectrum	spectrum	NOUN
cjel-11734	314	65	.	.	PUNCT
cjel-11734	315	1	funds	fund	NOUN
cjel-11734	315	2	employ	employ	VERB
cjel-11734	315	3	various	various	ADJ
cjel-11734	315	4	non	non	ADJ
cjel-11734	315	5	-	-	ADJ
cjel-11734	315	6	exclusive	exclusive	ADJ
cjel-11734	315	7	investing	investing	NOUN
cjel-11734	315	8	strategies	strategy	NOUN
cjel-11734	315	9	to	to	PART
cjel-11734	315	10	achieve	achieve	VERB
cjel-11734	315	11	a	a	DET
cjel-11734	315	12	balance	balance	NOUN
cjel-11734	315	13	of	of	ADP
cjel-11734	315	14	these	these	DET
cjel-11734	315	15	two	two	NUM
cjel-11734	315	16	objectives	objective	NOUN
cjel-11734	315	17	.	.	PUNCT
cjel-11734	316	1	although	although	SCONJ
cjel-11734	316	2	strategies	strategy	NOUN
cjel-11734	316	3	are	be	AUX
cjel-11734	316	4	labeled	label	VERB
cjel-11734	316	5	differently	differently	ADV
cjel-11734	316	6	across	across	ADP
cjel-11734	316	7	the	the	DET
cjel-11734	316	8	industry,85	industry,85	NOUN
cjel-11734	316	9	this	this	DET
cjel-11734	316	10	note	note	NOUN
cjel-11734	316	11	adopts	adopt	VERB
cjel-11734	316	12	the	the	DET
cjel-11734	316	13	gsia	gsia	PROPN
cjel-11734	316	14	’s	’s	PART
cjel-11734	316	15	framework,86	framework,86	NOUN
cjel-11734	316	16	which	which	PRON
cjel-11734	316	17	breaks	break	VERB
cjel-11734	316	18	esg	esg	PROPN
cjel-11734	316	19	investing	invest	VERB
cjel-11734	316	20	into	into	ADP
cjel-11734	316	21	seven	seven	NUM
cjel-11734	316	22	categories	category	NOUN
cjel-11734	316	23	:	:	PUNCT
cjel-11734	316	24	(	(	PUNCT
cjel-11734	316	25	1	1	X
cjel-11734	316	26	)	)	PUNCT
cjel-11734	316	27	negative	negative	ADJ
cjel-11734	316	28	/	/	SYM
cjel-11734	316	29	exclusionary	exclusionary	ADJ
cjel-11734	316	30	screening;87	screening;87	ADJ
cjel-11734	316	31	(	(	PUNCT
cjel-11734	316	32	2	2	NUM
cjel-11734	316	33	)	)	PUNCT
cjel-11734	316	34	positive	positive	ADJ
cjel-11734	316	35	/	/	SYM
cjel-11734	316	36	best	good	ADJ
cjel-11734	316	37	-	-	PUNCT
cjel-11734	316	38	in	in	ADP
cjel-11734	316	39	-	-	PUNCT
cjel-11734	316	40	class	class	NOUN
cjel-11734	316	41	81	81	NUM
cjel-11734	316	42	.	.	PUNCT
cjel-11734	317	1	malcom	malcom	PROPN
cjel-11734	317	2	baker	baker	PROPN
cjel-11734	317	3	et	et	PROPN
cjel-11734	317	4	al	al	PROPN
cjel-11734	317	5	.	.	PROPN
cjel-11734	317	6	,	,	PUNCT
cjel-11734	317	7	how	how	SCONJ
cjel-11734	317	8	do	do	AUX
cjel-11734	317	9	investors	investor	NOUN
cjel-11734	317	10	value	value	VERB
cjel-11734	317	11	esg	esg	PROPN
cjel-11734	317	12	?	?	PROPN
cjel-11734	317	13	1	1	NUM
cjel-11734	317	14	(	(	PUNCT
cjel-11734	317	15	dec	dec	PROPN
cjel-11734	317	16	.	.	PROPN
cjel-11734	317	17	2022	2022	NUM
cjel-11734	317	18	)	)	PUNCT
cjel-11734	318	1	(	(	PUNCT
cjel-11734	318	2	working	working	NOUN
cjel-11734	318	3	paper	paper	NOUN
cjel-11734	318	4	)	)	PUNCT
cjel-11734	318	5	(	(	PUNCT
cjel-11734	318	6	on	on	ADP
cjel-11734	318	7	file	file	NOUN
cjel-11734	318	8	with	with	ADP
cjel-11734	318	9	nat’l	nat’l	PROPN
cjel-11734	318	10	bureau	bureau	PROPN
cjel-11734	318	11	of	of	ADP
cjel-11734	318	12	econ	econ	PROPN
cjel-11734	318	13	.	.	PUNCT
cjel-11734	319	1	rsch	rsch	PROPN
cjel-11734	319	2	.	.	PUNCT
cjel-11734	319	3	)	)	PUNCT
cjel-11734	320	1	(	(	PUNCT
cjel-11734	320	2	explaining	explain	VERB
cjel-11734	320	3	that	that	SCONJ
cjel-11734	320	4	this	this	DET
cjel-11734	320	5	assumption	assumption	NOUN
cjel-11734	320	6	comes	come	VERB
cjel-11734	320	7	from	from	ADP
cjel-11734	320	8	a	a	DET
cjel-11734	320	9	traditional	traditional	ADJ
cjel-11734	320	10	finance	finance	NOUN
cjel-11734	320	11	theory	theory	NOUN
cjel-11734	320	12	with	with	ADP
cjel-11734	320	13	efficient	efficient	ADJ
cjel-11734	320	14	capital	capital	NOUN
cjel-11734	320	15	market	market	NOUN
cjel-11734	320	16	pricing	pricing	NOUN
cjel-11734	320	17	,	,	PUNCT
cjel-11734	320	18	where	where	SCONJ
cjel-11734	320	19	an	an	DET
cjel-11734	320	20	investment	investment	NOUN
cjel-11734	320	21	in	in	ADP
cjel-11734	320	22	esg	esg	PROPN
cjel-11734	320	23	products	product	NOUN
cjel-11734	320	24	involves	involve	VERB
cjel-11734	320	25	a	a	DET
cjel-11734	320	26	tradeoff	tradeoff	NOUN
cjel-11734	320	27	where	where	SCONJ
cjel-11734	320	28	investors	investor	NOUN
cjel-11734	320	29	sacrifice	sacrifice	VERB
cjel-11734	320	30	financial	financial	ADJ
cjel-11734	320	31	returns	return	NOUN
cjel-11734	320	32	for	for	ADP
cjel-11734	320	33	the	the	DET
cjel-11734	320	34	psychic	psychic	ADJ
cjel-11734	320	35	and	and	CCONJ
cjel-11734	320	36	societal	societal	ADJ
cjel-11734	320	37	benefits	benefit	NOUN
cjel-11734	320	38	of	of	ADP
cjel-11734	320	39	promoting	promote	VERB
cjel-11734	320	40	non	non	ADJ
cjel-11734	320	41	-	-	ADJ
cjel-11734	320	42	financial	financial	ADJ
cjel-11734	320	43	social	social	ADJ
cjel-11734	320	44	and	and	CCONJ
cjel-11734	320	45	environmental	environmental	ADJ
cjel-11734	320	46	objectives	objective	NOUN
cjel-11734	320	47	)	)	PUNCT
cjel-11734	320	48	;	;	PUNCT
cjel-11734	320	49	see	see	VERB
cjel-11734	320	50	also	also	ADV
cjel-11734	320	51	whelan	whelan	PROPN
cjel-11734	320	52	et	et	PROPN
cjel-11734	320	53	al	al	PROPN
cjel-11734	320	54	.	.	PROPN
cjel-11734	320	55	,	,	PUNCT
cjel-11734	320	56	supra	supra	PROPN
cjel-11734	320	57	note	note	PROPN
cjel-11734	320	58	80	80	NUM
cjel-11734	320	59	,	,	PUNCT
cjel-11734	320	60	at	at	ADP
cjel-11734	320	61	2–3	2–3	NUM
cjel-11734	320	62	,	,	PUNCT
cjel-11734	320	63	5	5	NUM
cjel-11734	320	64	(	(	PUNCT
cjel-11734	320	65	collecting	collect	VERB
cjel-11734	320	66	models	model	NOUN
cjel-11734	320	67	that	that	PRON
cjel-11734	320	68	show	show	VERB
cjel-11734	320	69	empirically	empirically	ADV
cjel-11734	320	70	that	that	SCONJ
cjel-11734	320	71	investor	investor	NOUN
cjel-11734	320	72	interest	interest	NOUN
cjel-11734	320	73	in	in	ADP
cjel-11734	320	74	esg	esg	PROPN
cjel-11734	320	75	leads	lead	VERB
cjel-11734	320	76	to	to	ADP
cjel-11734	320	77	a	a	DET
cjel-11734	320	78	reduction	reduction	NOUN
cjel-11734	320	79	in	in	ADP
cjel-11734	320	80	returns	return	NOUN
cjel-11734	320	81	)	)	PUNCT
cjel-11734	320	82	.	.	PUNCT
cjel-11734	321	1	82	82	NUM
cjel-11734	321	2	.	.	PUNCT
cjel-11734	322	1	inv	inv	PROPN
cjel-11734	322	2	.	.	PUNCT
cjel-11734	322	3	co.	co.	PROPN
cjel-11734	322	4	inst	inst	PROPN
cjel-11734	322	5	.	.	PROPN
cjel-11734	322	6	,	,	PUNCT
cjel-11734	322	7	funds	fund	NOUN
cjel-11734	322	8	’	'	PUNCT
cjel-11734	322	9	use	use	NOUN
cjel-11734	322	10	of	of	ADP
cjel-11734	322	11	esg	esg	NOUN
cjel-11734	322	12	integration	integration	NOUN
cjel-11734	322	13	and	and	CCONJ
cjel-11734	322	14	sustainable	sustainable	ADJ
cjel-11734	322	15	investing	investing	NOUN
cjel-11734	322	16	strategies	strategy	NOUN
cjel-11734	322	17	:	:	PUNCT
cjel-11734	322	18	an	an	DET
cjel-11734	322	19	introduction	introduction	NOUN
cjel-11734	322	20	2–4	2–4	NUM
cjel-11734	322	21	(	(	PUNCT
cjel-11734	322	22	2020	2020	NUM
cjel-11734	322	23	)	)	PUNCT
cjel-11734	322	24	.	.	PUNCT
cjel-11734	323	1	83	83	NUM
cjel-11734	323	2	.	.	PUNCT
cjel-11734	324	1	i	i	PRON
cjel-11734	324	2	d.	d.	PROPN
cjel-11734	324	3	84	84	NUM
cjel-11734	324	4	.	.	PUNCT
cjel-11734	325	1	esg	esg	NOUN
cjel-11734	325	2	outcomes	outcome	NOUN
cjel-11734	325	3	can	can	AUX
cjel-11734	325	4	range	range	VERB
cjel-11734	325	5	from	from	ADP
cjel-11734	325	6	investing	invest	VERB
cjel-11734	325	7	in	in	ADP
cjel-11734	325	8	businesses	business	NOUN
cjel-11734	325	9	that	that	PRON
cjel-11734	325	10	have	have	VERB
cjel-11734	325	11	lower	low	ADJ
cjel-11734	325	12	carbon	carbon	NOUN
cjel-11734	325	13	emissions	emission	NOUN
cjel-11734	325	14	than	than	ADP
cjel-11734	325	15	their	their	PRON
cjel-11734	325	16	competitors	competitor	NOUN
cjel-11734	325	17	,	,	PUNCT
cjel-11734	325	18	to	to	ADP
cjel-11734	325	19	investing	invest	VERB
cjel-11734	325	20	in	in	ADP
cjel-11734	325	21	companies	company	NOUN
cjel-11734	325	22	researching	research	VERB
cjel-11734	325	23	carbon	carbon	NOUN
cjel-11734	325	24	capturing	capture	VERB
cjel-11734	325	25	technology	technology	NOUN
cjel-11734	325	26	.	.	PUNCT
cjel-11734	326	1	85	85	NUM
cjel-11734	326	2	.	.	PUNCT
cjel-11734	327	1	compare	compare	PROPN
cjel-11734	327	2	thomas	thomas	PROPN
cjel-11734	327	3	brigandi	brigandi	PROPN
cjel-11734	327	4	et	et	PROPN
cjel-11734	327	5	al	al	PROPN
cjel-11734	327	6	.	.	PROPN
cjel-11734	327	7	,	,	PUNCT
cjel-11734	327	8	the	the	DET
cjel-11734	327	9	seven	seven	NUM
cjel-11734	327	10	asset	asset	NOUN
cjel-11734	327	11	owner	owner	NOUN
cjel-11734	327	12	approaches	approach	NOUN
cjel-11734	327	13	to	to	ADP
cjel-11734	327	14	esg	esg	PROPN
cjel-11734	327	15	,	,	PUNCT
cjel-11734	327	16	enterprising	enterprise	VERB
cjel-11734	327	17	inv	inv	NOUN
cjel-11734	327	18	.	.	PUNCT
cjel-11734	328	1	(	(	PUNCT
cjel-11734	328	2	sept	sept	PROPN
cjel-11734	328	3	.	.	PROPN
cjel-11734	328	4	5	5	NUM
cjel-11734	328	5	,	,	PUNCT
cjel-11734	328	6	2019	2019	NUM
cjel-11734	328	7	)	)	PUNCT
cjel-11734	328	8	,	,	PUNCT
cjel-11734	329	1	https://blogs.cfainstitute.org/investor/2019/09/05/the-seven-assetowner-approaches-to-esg/	https://blogs.cfainstitute.org/investor/2019/09/05/the-seven-assetowner-approaches-to-esg/	PROPN
cjel-11734	329	2	[	[	X
cjel-11734	329	3	https://perma.cc/6qvk-77wt	https://perma.cc/6qvk-77wt	X
cjel-11734	329	4	]	]	X
cjel-11734	329	5	(	(	PUNCT
cjel-11734	329	6	breaking	break	VERB
cjel-11734	329	7	esg	esg	PROPN
cjel-11734	329	8	investing	invest	VERB
cjel-11734	329	9	into	into	ADP
cjel-11734	329	10	seven	seven	NUM
cjel-11734	329	11	approaches	approach	NOUN
cjel-11734	329	12	:	:	PUNCT
cjel-11734	329	13	negative	negative	ADJ
cjel-11734	329	14	screening	screening	NOUN
cjel-11734	329	15	,	,	PUNCT
cjel-11734	329	16	climate	climate	NOUN
cjel-11734	329	17	change	change	NOUN
cjel-11734	329	18	,	,	PUNCT
cjel-11734	329	19	diversity	diversity	NOUN
cjel-11734	329	20	&	&	CCONJ
cjel-11734	329	21	inclusion	inclusion	PROPN
cjel-11734	329	22	,	,	PUNCT
cjel-11734	329	23	esg	esg	NOUN
cjel-11734	329	24	indexation	indexation	NOUN
cjel-11734	329	25	,	,	PUNCT
cjel-11734	329	26	frameworks	framework	NOUN
cjel-11734	329	27	&	&	CCONJ
cjel-11734	329	28	standards	standard	NOUN
cjel-11734	329	29	,	,	PUNCT
cjel-11734	329	30	active	active	ADJ
cjel-11734	329	31	ownership	ownership	NOUN
cjel-11734	329	32	,	,	PUNCT
cjel-11734	329	33	and	and	CCONJ
cjel-11734	329	34	integration	integration	NOUN
cjel-11734	329	35	)	)	PUNCT
cjel-11734	329	36	with	with	ADP
cjel-11734	329	37	esg	esg	PROPN
cjel-11734	329	38	101	101	NUM
cjel-11734	329	39	:	:	PUNCT
cjel-11734	329	40	what	what	PRON
cjel-11734	329	41	is	be	AUX
cjel-11734	329	42	environmental	environmental	ADJ
cjel-11734	329	43	,	,	PUNCT
cjel-11734	329	44	social	social	ADJ
cjel-11734	329	45	and	and	CCONJ
cjel-11734	329	46	governance	governance	NOUN
cjel-11734	329	47	?	?	PUNCT
cjel-11734	329	48	,	,	PUNCT
cjel-11734	329	49	msci	msci	PROPN
cjel-11734	329	50	,	,	PUNCT
cjel-11734	329	51	https://www.msci.com/esg-101-what-is-esg	https://www.msci.com/esg-101-what-is-esg	X
cjel-11734	330	1	[	[	X
cjel-11734	330	2	https://perma.cc/9vrg-jkrb	https://perma.cc/9vrg-jkrb	X
cjel-11734	330	3	]	]	X
cjel-11734	330	4	(	(	PUNCT
cjel-11734	330	5	last	last	ADV
cjel-11734	330	6	visited	visit	VERB
cjel-11734	330	7	mar	mar	PROPN
cjel-11734	330	8	.	.	PROPN
cjel-11734	330	9	25	25	NUM
cjel-11734	330	10	,	,	PUNCT
cjel-11734	330	11	2023	2023	NUM
cjel-11734	330	12	)	)	PUNCT
cjel-11734	330	13	(	(	PUNCT
cjel-11734	330	14	listing	list	VERB
cjel-11734	330	15	five	five	NUM
cjel-11734	330	16	common	common	ADJ
cjel-11734	330	17	esg	esg	NOUN
cjel-11734	330	18	investing	investing	NOUN
cjel-11734	330	19	strategies	strategy	NOUN
cjel-11734	330	20	:	:	PUNCT
cjel-11734	330	21	bottom	bottom	ADJ
cjel-11734	330	22	-	-	PUNCT
cjel-11734	330	23	up	up	ADP
cjel-11734	330	24	esg	esg	NOUN
cjel-11734	330	25	integration	integration	NOUN
cjel-11734	330	26	,	,	PUNCT
cjel-11734	330	27	top	top	ADJ
cjel-11734	330	28	-	-	PUNCT
cjel-11734	330	29	down	down	ADP
cjel-11734	330	30	esg	esg	NOUN
cjel-11734	330	31	integration	integration	NOUN
cjel-11734	330	32	,	,	PUNCT
cjel-11734	330	33	best	well	ADV
cjel-11734	330	34	-	-	PUNCT
cjel-11734	330	35	in	in	ADP
cjel-11734	330	36	-	-	PUNCT
cjel-11734	330	37	class	class	NOUN
cjel-11734	330	38	selection	selection	NOUN
cjel-11734	330	39	,	,	PUNCT
cjel-11734	330	40	thematic	thematic	ADJ
cjel-11734	330	41	investing	investing	NOUN
cjel-11734	330	42	,	,	PUNCT
cjel-11734	330	43	and	and	CCONJ
cjel-11734	330	44	active	active	ADJ
cjel-11734	330	45	ownership	ownership	NOUN
cjel-11734	330	46	)	)	PUNCT
cjel-11734	330	47	.	.	PUNCT
cjel-11734	331	1	while	while	SCONJ
cjel-11734	331	2	these	these	DET
cjel-11734	331	3	frameworks	framework	NOUN
cjel-11734	331	4	are	be	AUX
cjel-11734	331	5	just	just	ADV
cjel-11734	331	6	a	a	DET
cjel-11734	331	7	few	few	ADJ
cjel-11734	331	8	of	of	ADP
cjel-11734	331	9	many	many	ADJ
cjel-11734	331	10	in	in	ADP
cjel-11734	331	11	existence	existence	NOUN
cjel-11734	331	12	,	,	PUNCT
cjel-11734	331	13	the	the	DET
cjel-11734	331	14	inconsistencies	inconsistency	NOUN
cjel-11734	331	15	and	and	CCONJ
cjel-11734	331	16	overlap	overlap	NOUN
cjel-11734	331	17	between	between	ADP
cjel-11734	331	18	them	they	PRON
cjel-11734	331	19	is	be	AUX
cjel-11734	331	20	emblematic	emblematic	ADJ
cjel-11734	331	21	of	of	ADP
cjel-11734	331	22	the	the	DET
cjel-11734	331	23	esg	esg	PROPN
cjel-11734	331	24	industry	industry	NOUN
cjel-11734	331	25	’s	’s	PART
cjel-11734	331	26	larger	large	ADJ
cjel-11734	331	27	problem	problem	NOUN
cjel-11734	331	28	of	of	ADP
cjel-11734	331	29	incomparability	incomparability	NOUN
cjel-11734	331	30	.	.	PUNCT
cjel-11734	332	1	86	86	NUM
cjel-11734	332	2	.	.	PUNCT
cjel-11734	333	1	global	global	ADJ
cjel-11734	333	2	sustainable	sustainable	ADJ
cjel-11734	333	3	inv	inv	NOUN
cjel-11734	333	4	.	.	PUNCT
cjel-11734	334	1	all	all	PRON
cjel-11734	334	2	.	.	PUNCT
cjel-11734	334	3	,	,	PUNCT
cjel-11734	334	4	2018	2018	NUM
cjel-11734	334	5	global	global	ADJ
cjel-11734	334	6	sustainable	sustainable	ADJ
cjel-11734	334	7	investment	investment	NOUN
cjel-11734	334	8	review	review	NOUN
cjel-11734	334	9	7	7	NUM
cjel-11734	334	10	(	(	PUNCT
cjel-11734	334	11	2019	2019	NUM
cjel-11734	334	12	)	)	PUNCT
cjel-11734	334	13	.	.	PUNCT
cjel-11734	335	1	87	87	NUM
cjel-11734	335	2	.	.	PUNCT
cjel-11734	336	1	negative	negative	ADJ
cjel-11734	336	2	/	/	SYM
cjel-11734	336	3	exclusionary	exclusionary	ADJ
cjel-11734	336	4	screening	screening	NOUN
cjel-11734	336	5	is	be	AUX
cjel-11734	336	6	“	"	PUNCT
cjel-11734	336	7	the	the	DET
cjel-11734	336	8	exclusion	exclusion	NOUN
cjel-11734	336	9	from	from	ADP
cjel-11734	336	10	a	a	DET
cjel-11734	336	11	fund	fund	NOUN
cjel-11734	336	12	or	or	CCONJ
cjel-11734	336	13	portfolio	portfolio	NOUN
cjel-11734	336	14	of	of	ADP
cjel-11734	336	15	certain	certain	ADJ
cjel-11734	336	16	sectors	sector	NOUN
cjel-11734	336	17	,	,	PUNCT
cjel-11734	336	18	companies	company	NOUN
cjel-11734	336	19	or	or	CCONJ
cjel-11734	336	20	practices	practice	NOUN
cjel-11734	336	21	based	base	VERB
cjel-11734	336	22	on	on	ADP
cjel-11734	336	23	specific	specific	ADJ
cjel-11734	336	24	esg	esg	PROPN
cjel-11734	336	25	criteria	criterion	NOUN
cjel-11734	336	26	.	.	PUNCT
cjel-11734	336	27	”	"	PUNCT
cjel-11734	337	1	i	i	PRON
cjel-11734	337	2	d.	d.	PROPN
cjel-11734	337	3	2023	2023	NUM
cjel-11734	337	4	]	]	PUNCT
cjel-11734	337	5	green	green	ADJ
cjel-11734	337	6	funds	fund	NOUN
cjel-11734	337	7	in	in	ADP
cjel-11734	337	8	a	a	DET
cjel-11734	337	9	gray	gray	ADJ
cjel-11734	337	10	area	area	NOUN
cjel-11734	337	11	431	431	NUM
cjel-11734	337	12	screening;88	screening;88	NOUN
cjel-11734	337	13	(	(	PUNCT
cjel-11734	337	14	3	3	NUM
cjel-11734	337	15	)	)	PUNCT
cjel-11734	337	16	norms	norm	NOUN
cjel-11734	337	17	-	-	PUNCT
cjel-11734	337	18	based	base	VERB
cjel-11734	337	19	screening;89	screening;89	NOUN
cjel-11734	337	20	(	(	PUNCT
cjel-11734	337	21	4	4	NUM
cjel-11734	337	22	)	)	PUNCT
cjel-11734	337	23	esg	esg	NOUN
cjel-11734	337	24	integration;90	integration;90	PROPN
cjel-11734	337	25	(	(	PUNCT
cjel-11734	337	26	5	5	NUM
cjel-11734	337	27	)	)	PUNCT
cjel-11734	337	28	sustainability	sustainability	NOUN
cjel-11734	337	29	themed	theme	VERB
cjel-11734	337	30	investing;91	investing;91	PROPN
cjel-11734	337	31	(	(	PUNCT
cjel-11734	337	32	6	6	NUM
cjel-11734	337	33	)	)	PUNCT
cjel-11734	337	34	impact	impact	NOUN
cjel-11734	337	35	/	/	SYM
cjel-11734	337	36	community	community	NOUN
cjel-11734	337	37	investing;92	investing;92	ADJ
cjel-11734	337	38	and	and	CCONJ
cjel-11734	337	39	(	(	PUNCT
cjel-11734	337	40	7	7	X
cjel-11734	337	41	)	)	PUNCT
cjel-11734	337	42	corporate	corporate	ADJ
cjel-11734	337	43	engagement	engagement	NOUN
cjel-11734	337	44	and	and	CCONJ
cjel-11734	337	45	shareholder	shareholder	NOUN
cjel-11734	337	46	action.93	action.93	NOUN
cjel-11734	337	47	under	under	ADP
cjel-11734	337	48	this	this	DET
cjel-11734	337	49	framework	framework	NOUN
cjel-11734	337	50	,	,	PUNCT
cjel-11734	337	51	negative	negative	ADJ
cjel-11734	337	52	/	/	SYM
cjel-11734	337	53	exclusionary	exclusionary	ADJ
cjel-11734	337	54	screening	screening	NOUN
cjel-11734	337	55	,	,	PUNCT
cjel-11734	337	56	esg	esg	NOUN
cjel-11734	337	57	integration	integration	NOUN
cjel-11734	337	58	,	,	PUNCT
cjel-11734	337	59	and	and	CCONJ
cjel-11734	337	60	corporate	corporate	ADJ
cjel-11734	337	61	engagement	engagement	NOUN
cjel-11734	337	62	and	and	CCONJ
cjel-11734	337	63	shareholder	shareholder	NOUN
cjel-11734	337	64	action	action	NOUN
cjel-11734	337	65	are	be	AUX
cjel-11734	337	66	the	the	DET
cjel-11734	337	67	three	three	NUM
cjel-11734	337	68	most	most	ADV
cjel-11734	337	69	commonly	commonly	ADV
cjel-11734	337	70	used	use	VERB
cjel-11734	337	71	strategies	strategy	NOUN
cjel-11734	337	72	globally.94	globally.94	NOUN
cjel-11734	337	73	these	these	DET
cjel-11734	337	74	seven	seven	NUM
cjel-11734	337	75	strategies	strategy	NOUN
cjel-11734	337	76	can	can	AUX
cjel-11734	337	77	be	be	AUX
cjel-11734	337	78	divided	divide	VERB
cjel-11734	337	79	into	into	ADP
cjel-11734	337	80	two	two	NUM
cjel-11734	337	81	groups	group	NOUN
cjel-11734	337	82	:	:	PUNCT
cjel-11734	337	83	those	those	PRON
cjel-11734	337	84	that	that	PRON
cjel-11734	337	85	seek	seek	VERB
cjel-11734	337	86	to	to	PART
cjel-11734	337	87	have	have	VERB
cjel-11734	337	88	an	an	DET
cjel-11734	337	89	esg	esg	NOUN
cjel-11734	337	90	impact	impact	NOUN
cjel-11734	337	91	by	by	ADP
cjel-11734	337	92	investing	investing	NOUN
cjel-11734	337	93	,	,	PUNCT
cjel-11734	337	94	and	and	CCONJ
cjel-11734	337	95	those	those	PRON
cjel-11734	337	96	that	that	PRON
cjel-11734	337	97	hope	hope	VERB
cjel-11734	337	98	to	to	PART
cjel-11734	337	99	make	make	VERB
cjel-11734	337	100	their	their	PRON
cjel-11734	337	101	impact	impact	NOUN
cjel-11734	337	102	by	by	ADP
cjel-11734	337	103	not	not	PART
cjel-11734	337	104	investing	invest	VERB
cjel-11734	337	105	.	.	PUNCT
cjel-11734	338	1	funds	fund	NOUN
cjel-11734	338	2	that	that	PRON
cjel-11734	338	3	invest	invest	VERB
cjel-11734	338	4	in	in	ADP
cjel-11734	338	5	companies	company	NOUN
cjel-11734	338	6	to	to	PART
cjel-11734	338	7	achieve	achieve	VERB
cjel-11734	338	8	their	their	PRON
cjel-11734	338	9	esg	esg	NOUN
cjel-11734	338	10	impact	impact	NOUN
cjel-11734	338	11	typically	typically	ADV
cjel-11734	338	12	employ	employ	VERB
cjel-11734	338	13	esg	esg	NOUN
cjel-11734	338	14	integration	integration	NOUN
cjel-11734	338	15	,	,	PUNCT
cjel-11734	338	16	positive/	positive/	NUM
cjel-11734	338	17	best	good	ADJ
cjel-11734	338	18	-	-	PUNCT
cjel-11734	338	19	in	in	ADP
cjel-11734	338	20	-	-	PUNCT
cjel-11734	338	21	class	class	NOUN
cjel-11734	338	22	screening	screening	NOUN
cjel-11734	338	23	,	,	PUNCT
cjel-11734	338	24	sustainability	sustainability	NOUN
cjel-11734	338	25	themed	theme	VERB
cjel-11734	338	26	investing	investing	NOUN
cjel-11734	338	27	,	,	PUNCT
cjel-11734	338	28	impact/	impact/	NUM
cjel-11734	338	29	community	community	NOUN
cjel-11734	338	30	investing	investing	NOUN
cjel-11734	338	31	,	,	PUNCT
cjel-11734	338	32	and	and	CCONJ
cjel-11734	338	33	corporate	corporate	ADJ
cjel-11734	338	34	engagement	engagement	NOUN
cjel-11734	338	35	and	and	CCONJ
cjel-11734	338	36	shareholder	shareholder	NOUN
cjel-11734	338	37	action	action	NOUN
cjel-11734	338	38	strategies	strategy	NOUN
cjel-11734	338	39	.	.	PUNCT
cjel-11734	339	1	in	in	ADP
cjel-11734	339	2	contrast	contrast	NOUN
cjel-11734	339	3	,	,	PUNCT
cjel-11734	339	4	funds	fund	NOUN
cjel-11734	339	5	that	that	PRON
cjel-11734	339	6	achieve	achieve	VERB
cjel-11734	339	7	esg	esg	NOUN
cjel-11734	339	8	outcomes	outcome	NOUN
cjel-11734	339	9	by	by	ADP
cjel-11734	339	10	not	not	PART
cjel-11734	339	11	investing	invest	VERB
cjel-11734	339	12	utilize	utilize	VERB
cjel-11734	339	13	negative	negative	ADJ
cjel-11734	339	14	/	/	SYM
cjel-11734	339	15	exclusionary	exclusionary	ADJ
cjel-11734	339	16	screening	screening	NOUN
cjel-11734	339	17	and	and	CCONJ
cjel-11734	339	18	norms	norm	NOUN
cjel-11734	339	19	-	-	PUNCT
cjel-11734	339	20	based	base	VERB
cjel-11734	339	21	screening	screening	NOUN
cjel-11734	339	22	strategies	strategy	NOUN
cjel-11734	339	23	.	.	PUNCT
cjel-11734	340	1	where	where	SCONJ
cjel-11734	340	2	exactly	exactly	ADV
cjel-11734	340	3	a	a	DET
cjel-11734	340	4	given	give	VERB
cjel-11734	340	5	fund	fund	NOUN
cjel-11734	340	6	will	will	AUX
cjel-11734	340	7	land	land	VERB
cjel-11734	340	8	on	on	ADP
cjel-11734	340	9	the	the	DET
cjel-11734	340	10	spectrum	spectrum	NOUN
cjel-11734	340	11	between	between	ADP
cjel-11734	340	12	return	return	NOUN
cjel-11734	340	13	and	and	CCONJ
cjel-11734	340	14	impact	impact	NOUN
cjel-11734	340	15	will	will	AUX
cjel-11734	340	16	depend	depend	VERB
cjel-11734	340	17	on	on	ADP
cjel-11734	340	18	which	which	PRON
cjel-11734	340	19	esg	esg	NOUN
cjel-11734	340	20	investing	investing	NOUN
cjel-11734	340	21	strategies	strategy	NOUN
cjel-11734	340	22	it	it	PRON
cjel-11734	340	23	utilizes	utilize	VERB
cjel-11734	340	24	and	and	CCONJ
cjel-11734	340	25	,	,	PUNCT
cjel-11734	340	26	if	if	SCONJ
cjel-11734	340	27	multiple	multiple	ADJ
cjel-11734	340	28	are	be	AUX
cjel-11734	340	29	used	use	VERB
cjel-11734	340	30	,	,	PUNCT
cjel-11734	340	31	how	how	SCONJ
cjel-11734	340	32	it	it	PRON
cjel-11734	340	33	balances	balance	VERB
cjel-11734	340	34	those	those	DET
cjel-11734	340	35	strategies	strategy	NOUN
cjel-11734	340	36	.	.	PUNCT
cjel-11734	341	1	for	for	ADP
cjel-11734	341	2	example	example	NOUN
cjel-11734	341	3	,	,	PUNCT
cjel-11734	341	4	two	two	NUM
cjel-11734	341	5	impact	impact	NOUN
cjel-11734	341	6	/	/	SYM
cjel-11734	341	7	community	community	NOUN
cjel-11734	341	8	investing	investing	NOUN
cjel-11734	341	9	funds	fund	NOUN
cjel-11734	341	10	might	might	AUX
cjel-11734	341	11	have	have	VERB
cjel-11734	341	12	different	different	ADJ
cjel-11734	341	13	esg	esg	NOUN
cjel-11734	341	14	impacts	impact	NOUN
cjel-11734	341	15	depending	depend	VERB
cjel-11734	341	16	on	on	ADP
cjel-11734	341	17	the	the	DET
cjel-11734	341	18	extent	extent	NOUN
cjel-11734	341	19	to	to	PART
cjel-11734	341	20	which	which	PRON
cjel-11734	341	21	they	they	PRON
cjel-11734	341	22	are	be	AUX
cjel-11734	341	23	willing	willing	ADJ
cjel-11734	341	24	to	to	PART
cjel-11734	341	25	trade	trade	VERB
cjel-11734	341	26	off	off	ADP
cjel-11734	341	27	a	a	DET
cjel-11734	341	28	positive	positive	ADJ
cjel-11734	341	29	esg	esg	NOUN
cjel-11734	341	30	result	result	NOUN
cjel-11734	341	31	for	for	ADP
cjel-11734	341	32	yield	yield	NOUN
cjel-11734	341	33	.	.	PUNCT
cjel-11734	342	1	recognizing	recognize	VERB
cjel-11734	342	2	that	that	SCONJ
cjel-11734	342	3	small	small	ADJ
cjel-11734	342	4	differences	difference	NOUN
cjel-11734	342	5	in	in	ADP
cjel-11734	342	6	investing	investing	NOUN
cjel-11734	342	7	strategies	strategy	NOUN
cjel-11734	342	8	can	can	AUX
cjel-11734	342	9	dramatically	dramatically	ADV
cjel-11734	342	10	change	change	VERB
cjel-11734	342	11	a	a	DET
cjel-11734	342	12	fund	fund	NOUN
cjel-11734	342	13	’s	’s	PART
cjel-11734	342	14	potential	potential	ADJ
cjel-11734	342	15	returns	return	NOUN
cjel-11734	342	16	and	and	CCONJ
cjel-11734	342	17	impact	impact	NOUN
cjel-11734	342	18	underscores	underscore	VERB
cjel-11734	342	19	the	the	DET
cjel-11734	342	20	need	need	NOUN
cjel-11734	342	21	for	for	ADP
cjel-11734	342	22	clarity	clarity	NOUN
cjel-11734	342	23	so	so	SCONJ
cjel-11734	342	24	investors	investor	NOUN
cjel-11734	342	25	can	can	AUX
cjel-11734	342	26	confidently	confidently	ADV
cjel-11734	342	27	make	make	VERB
cjel-11734	342	28	the	the	DET
cjel-11734	342	29	right	right	ADJ
cjel-11734	342	30	decision	decision	NOUN
cjel-11734	342	31	for	for	ADP
cjel-11734	342	32	their	their	PRON
cjel-11734	342	33	personal	personal	ADJ
cjel-11734	342	34	investing	investing	NOUN
cjel-11734	342	35	objectives	objective	NOUN
cjel-11734	342	36	.	.	PUNCT
cjel-11734	343	1	88	88	NUM
cjel-11734	343	2	.	.	PUNCT
cjel-11734	343	3	positive	positive	ADJ
cjel-11734	343	4	screening	screening	NOUN
cjel-11734	343	5	/	/	SYM
cjel-11734	343	6	best	well	ADV
cjel-11734	343	7	-	-	PUNCT
cjel-11734	343	8	in	in	ADP
cjel-11734	343	9	-	-	PUNCT
cjel-11734	343	10	class	class	NOUN
cjel-11734	343	11	screening	screening	NOUN
cjel-11734	343	12	is	be	AUX
cjel-11734	343	13	the	the	DET
cjel-11734	343	14	“	"	PUNCT
cjel-11734	343	15	investment	investment	NOUN
cjel-11734	343	16	in	in	ADP
cjel-11734	343	17	sectors	sector	NOUN
cjel-11734	343	18	,	,	PUNCT
cjel-11734	343	19	companies	company	NOUN
cjel-11734	343	20	or	or	CCONJ
cjel-11734	343	21	projects	project	NOUN
cjel-11734	343	22	selected	select	VERB
cjel-11734	343	23	for	for	ADP
cjel-11734	343	24	positive	positive	ADJ
cjel-11734	343	25	esg	esg	NOUN
cjel-11734	343	26	performance	performance	NOUN
cjel-11734	343	27	relative	relative	ADJ
cjel-11734	343	28	to	to	ADP
cjel-11734	343	29	industry	industry	NOUN
cjel-11734	343	30	peers	peer	NOUN
cjel-11734	343	31	.	.	PUNCT
cjel-11734	343	32	”	"	PUNCT
cjel-11734	344	1	i	i	PRON
cjel-11734	344	2	d.	d.	PROPN
cjel-11734	344	3	89	89	NUM
cjel-11734	344	4	.	.	PUNCT
cjel-11734	344	5	norms	norm	NOUN
cjel-11734	344	6	-	-	PUNCT
cjel-11734	344	7	based	base	VERB
cjel-11734	344	8	screening	screening	NOUN
cjel-11734	344	9	involves	involve	VERB
cjel-11734	344	10	the	the	DET
cjel-11734	344	11	“	"	PUNCT
cjel-11734	344	12	screening	screening	NOUN
cjel-11734	344	13	of	of	ADP
cjel-11734	344	14	investments	investment	NOUN
cjel-11734	344	15	against	against	ADP
cjel-11734	344	16	minimum	minimum	NOUN
cjel-11734	344	17	standards	standard	NOUN
cjel-11734	344	18	of	of	ADP
cjel-11734	344	19	business	business	NOUN
cjel-11734	344	20	practice	practice	NOUN
cjel-11734	344	21	based	base	VERB
cjel-11734	344	22	on	on	ADP
cjel-11734	344	23	international	international	ADJ
cjel-11734	344	24	norms	norm	NOUN
cjel-11734	344	25	,	,	PUNCT
cjel-11734	344	26	”	"	PUNCT
cjel-11734	344	27	such	such	ADJ
cjel-11734	344	28	as	as	ADP
cjel-11734	344	29	those	those	PRON
cjel-11734	344	30	issued	issue	VERB
cjel-11734	344	31	by	by	ADP
cjel-11734	344	32	the	the	DET
cjel-11734	344	33	united	united	PROPN
cjel-11734	344	34	nations	nations	PROPN
cjel-11734	344	35	.	.	PUNCT
cjel-11734	345	1	i	i	PRON
cjel-11734	345	2	d.	d.	PROPN
cjel-11734	345	3	90	90	NUM
cjel-11734	345	4	.	.	PUNCT
cjel-11734	346	1	esg	esg	NOUN
cjel-11734	346	2	integration	integration	NOUN
cjel-11734	346	3	is	be	AUX
cjel-11734	346	4	“	"	PUNCT
cjel-11734	346	5	the	the	DET
cjel-11734	346	6	systematic	systematic	ADJ
cjel-11734	346	7	and	and	CCONJ
cjel-11734	346	8	explicit	explicit	ADJ
cjel-11734	346	9	inclusion	inclusion	NOUN
cjel-11734	346	10	by	by	ADP
cjel-11734	346	11	investment	investment	NOUN
cjel-11734	346	12	managers	manager	NOUN
cjel-11734	346	13	of	of	ADP
cjel-11734	346	14	environmental	environmental	ADJ
cjel-11734	346	15	,	,	PUNCT
cjel-11734	346	16	social	social	ADJ
cjel-11734	346	17	and	and	CCONJ
cjel-11734	346	18	governance	governance	NOUN
cjel-11734	346	19	factors	factor	NOUN
cjel-11734	346	20	into	into	ADP
cjel-11734	346	21	financial	financial	ADJ
cjel-11734	346	22	analysis	analysis	NOUN
cjel-11734	346	23	.	.	PUNCT
cjel-11734	346	24	”	"	PUNCT
cjel-11734	347	1	i	i	PRON
cjel-11734	347	2	d.	d.	PROPN
cjel-11734	347	3	91	91	NUM
cjel-11734	347	4	.	.	PUNCT
cjel-11734	348	1	sustainability	sustainability	NOUN
cjel-11734	348	2	themed	theme	VERB
cjel-11734	348	3	investing	invest	VERB
cjel-11734	348	4	is	be	AUX
cjel-11734	348	5	“	"	PUNCT
cjel-11734	348	6	investment	investment	NOUN
cjel-11734	348	7	in	in	ADP
cjel-11734	348	8	themes	theme	NOUN
cjel-11734	348	9	or	or	CCONJ
cjel-11734	348	10	assets	asset	NOUN
cjel-11734	348	11	specifically	specifically	ADV
cjel-11734	348	12	related	relate	VERB
cjel-11734	348	13	to	to	ADP
cjel-11734	348	14	sustainability	sustainability	NOUN
cjel-11734	348	15	(	(	PUNCT
cjel-11734	348	16	for	for	ADP
cjel-11734	348	17	example	example	NOUN
cjel-11734	348	18	clean	clean	ADJ
cjel-11734	348	19	energy	energy	NOUN
cjel-11734	348	20	,	,	PUNCT
cjel-11734	348	21	green	green	ADJ
cjel-11734	348	22	technology	technology	NOUN
cjel-11734	348	23	or	or	CCONJ
cjel-11734	348	24	sustainable	sustainable	ADJ
cjel-11734	348	25	agriculture	agriculture	NOUN
cjel-11734	348	26	)	)	PUNCT
cjel-11734	348	27	.	.	PUNCT
cjel-11734	348	28	”	"	PUNCT
cjel-11734	349	1	i	i	PRON
cjel-11734	349	2	d.	d.	PROPN
cjel-11734	349	3	92	92	NUM
cjel-11734	349	4	.	.	PUNCT
cjel-11734	350	1	impact	impact	NOUN
cjel-11734	350	2	/	/	SYM
cjel-11734	350	3	community	community	NOUN
cjel-11734	350	4	investing	investing	NOUN
cjel-11734	350	5	is	be	AUX
cjel-11734	350	6	“	"	PUNCT
cjel-11734	350	7	targeted	target	VERB
cjel-11734	350	8	investments	investment	NOUN
cjel-11734	350	9	aimed	aim	VERB
cjel-11734	350	10	at	at	ADP
cjel-11734	350	11	solving	solve	VERB
cjel-11734	350	12	social	social	ADJ
cjel-11734	350	13	or	or	CCONJ
cjel-11734	350	14	environmental	environmental	ADJ
cjel-11734	350	15	problems	problem	NOUN
cjel-11734	350	16	,	,	PUNCT
cjel-11734	350	17	and	and	CCONJ
cjel-11734	350	18	including	include	VERB
cjel-11734	350	19	community	community	NOUN
cjel-11734	350	20	investing	investing	NOUN
cjel-11734	350	21	,	,	PUNCT
cjel-11734	350	22	where	where	SCONJ
cjel-11734	350	23	capital	capital	NOUN
cjel-11734	350	24	is	be	AUX
cjel-11734	350	25	specifically	specifically	ADV
cjel-11734	350	26	directed	direct	VERB
cjel-11734	350	27	to	to	ADP
cjel-11734	350	28	traditionally	traditionally	ADV
cjel-11734	350	29	underserved	underserved	ADJ
cjel-11734	350	30	individuals	individual	NOUN
cjel-11734	350	31	or	or	CCONJ
cjel-11734	350	32	communities	community	NOUN
cjel-11734	350	33	,	,	PUNCT
cjel-11734	350	34	as	as	ADV
cjel-11734	350	35	well	well	ADV
cjel-11734	350	36	as	as	ADP
cjel-11734	350	37	financing	financing	NOUN
cjel-11734	350	38	that	that	PRON
cjel-11734	350	39	is	be	AUX
cjel-11734	350	40	provided	provide	VERB
cjel-11734	350	41	to	to	ADP
cjel-11734	350	42	businesses	business	NOUN
cjel-11734	350	43	with	with	ADP
cjel-11734	350	44	a	a	DET
cjel-11734	350	45	clear	clear	ADJ
cjel-11734	350	46	social	social	ADJ
cjel-11734	350	47	or	or	CCONJ
cjel-11734	350	48	environmental	environmental	ADJ
cjel-11734	350	49	purpose	purpose	NOUN
cjel-11734	350	50	.	.	PUNCT
cjel-11734	350	51	”	"	PUNCT
cjel-11734	351	1	i	i	PRON
cjel-11734	351	2	d.	d.	PROPN
cjel-11734	351	3	93	93	NUM
cjel-11734	351	4	.	.	PUNCT
cjel-11734	352	1	corporate	corporate	ADJ
cjel-11734	352	2	engagement	engagement	NOUN
cjel-11734	352	3	and	and	CCONJ
cjel-11734	352	4	shareholder	shareholder	NOUN
cjel-11734	352	5	action	action	NOUN
cjel-11734	352	6	entails	entail	VERB
cjel-11734	352	7	“	"	PUNCT
cjel-11734	352	8	the	the	DET
cjel-11734	352	9	use	use	NOUN
cjel-11734	352	10	of	of	ADP
cjel-11734	352	11	shareholder	shareholder	NOUN
cjel-11734	352	12	power	power	NOUN
cjel-11734	352	13	to	to	PART
cjel-11734	352	14	influence	influence	VERB
cjel-11734	352	15	corporate	corporate	ADJ
cjel-11734	352	16	behavior	behavior	NOUN
cjel-11734	352	17	,	,	PUNCT
cjel-11734	352	18	including	include	VERB
cjel-11734	352	19	through	through	ADP
cjel-11734	352	20	direct	direct	ADJ
cjel-11734	352	21	corporate	corporate	ADJ
cjel-11734	352	22	engagement	engagement	NOUN
cjel-11734	352	23	(	(	PUNCT
cjel-11734	352	24	i.e.	i.e.	X
cjel-11734	352	25	,	,	PUNCT
cjel-11734	352	26	communicating	communicate	VERB
cjel-11734	352	27	with	with	ADP
cjel-11734	352	28	senior	senior	ADJ
cjel-11734	352	29	management	management	NOUN
cjel-11734	352	30	and/or	and/or	CCONJ
cjel-11734	352	31	boards	board	NOUN
cjel-11734	352	32	of	of	ADP
cjel-11734	352	33	companies	company	NOUN
cjel-11734	352	34	)	)	PUNCT
cjel-11734	352	35	,	,	PUNCT
cjel-11734	352	36	filing	filing	NOUN
cjel-11734	352	37	or	or	CCONJ
cjel-11734	352	38	co	co	NOUN
cjel-11734	352	39	-	-	ADJ
cjel-11734	352	40	filing	filing	ADJ
cjel-11734	352	41	shareholder	shareholder	NOUN
cjel-11734	352	42	proposals	proposal	NOUN
cjel-11734	352	43	,	,	PUNCT
cjel-11734	352	44	and	and	CCONJ
cjel-11734	352	45	proxy	proxy	NOUN
cjel-11734	352	46	voting	voting	NOUN
cjel-11734	352	47	that	that	PRON
cjel-11734	352	48	is	be	AUX
cjel-11734	352	49	guided	guide	VERB
cjel-11734	352	50	by	by	ADP
cjel-11734	352	51	comprehensive	comprehensive	ADJ
cjel-11734	352	52	esg	esg	PROPN
cjel-11734	352	53	guidelines	guideline	NOUN
cjel-11734	352	54	.	.	PUNCT
cjel-11734	352	55	”	"	PUNCT
cjel-11734	353	1	i	i	PRON
cjel-11734	353	2	d.	d.	PROPN
cjel-11734	353	3	94	94	NUM
cjel-11734	353	4	.	.	PUNCT
cjel-11734	354	1	i	i	PRON
cjel-11734	354	2	d.	d.	PROPN
cjel-11734	354	3	at	at	ADP
cjel-11734	354	4	3	3	NUM
cjel-11734	354	5	.	.	PUNCT
cjel-11734	354	6	within	within	ADP
cjel-11734	354	7	the	the	DET
cjel-11734	354	8	united	united	PROPN
cjel-11734	354	9	states	states	PROPN
cjel-11734	354	10	,	,	PUNCT
cjel-11734	354	11	esg	esg	NOUN
cjel-11734	354	12	integration	integration	NOUN
cjel-11734	354	13	“	"	PUNCT
cjel-11734	354	14	continues	continue	VERB
cjel-11734	354	15	to	to	PART
cjel-11734	354	16	dominate	dominate	VERB
cjel-11734	354	17	.	.	PUNCT
cjel-11734	354	18	”	"	PUNCT
cjel-11734	355	1	i	i	PRON
cjel-11734	355	2	d.	d.	PROPN
cjel-11734	355	3	432	432	NUM
cjel-11734	355	4	columbia	columbia	PROPN
cjel-11734	355	5	journal	journal	PROPN
cjel-11734	355	6	of	of	ADP
cjel-11734	355	7	environmental	environmental	ADJ
cjel-11734	355	8	law	law	NOUN
cjel-11734	355	9	[	[	X
cjel-11734	355	10	vol.48:2	vol.48:2	X
cjel-11734	355	11	b.	b.	PROPN
cjel-11734	355	12	retail	retail	ADJ
cjel-11734	355	13	investors	investor	NOUN
cjel-11734	355	14	,	,	PUNCT
cjel-11734	355	15	millennials	millennial	NOUN
cjel-11734	355	16	,	,	PUNCT
cjel-11734	355	17	and	and	CCONJ
cjel-11734	355	18	their	their	PRON
cjel-11734	355	19	esg	esg	PROPN
cjel-11734	355	20	beliefs	beliefs	PROPN
cjel-11734	355	21	retail	retail	ADJ
cjel-11734	355	22	investors	investor	NOUN
cjel-11734	355	23	,	,	PUNCT
cjel-11734	355	24	and	and	CCONJ
cjel-11734	355	25	millennials	millennial	NOUN
cjel-11734	355	26	in	in	ADP
cjel-11734	355	27	particular	particular	ADJ
cjel-11734	355	28	,	,	PUNCT
cjel-11734	355	29	have	have	AUX
cjel-11734	355	30	demonstrated	demonstrate	VERB
cjel-11734	355	31	a	a	DET
cjel-11734	355	32	strong	strong	ADJ
cjel-11734	355	33	interest	interest	NOUN
cjel-11734	355	34	in	in	ADP
cjel-11734	355	35	esg	esg	PROPN
cjel-11734	355	36	investing.95	investing.95	PROPN
cjel-11734	355	37	for	for	ADP
cjel-11734	355	38	example	example	NOUN
cjel-11734	355	39	,	,	PUNCT
cjel-11734	355	40	one	one	NUM
cjel-11734	355	41	study	study	NOUN
cjel-11734	355	42	found	find	VERB
cjel-11734	355	43	that	that	SCONJ
cjel-11734	355	44	investors	investor	NOUN
cjel-11734	355	45	were	be	AUX
cjel-11734	355	46	willing	willing	ADJ
cjel-11734	355	47	to	to	PART
cjel-11734	355	48	pay	pay	VERB
cjel-11734	355	49	an	an	DET
cjel-11734	355	50	additional	additional	ADJ
cjel-11734	355	51	twenty	twenty	NUM
cjel-11734	355	52	-	-	PUNCT
cjel-11734	355	53	five	five	NUM
cjel-11734	355	54	basis	basis	NOUN
cjel-11734	355	55	points96	points96	NOUN
cjel-11734	355	56	for	for	ADP
cjel-11734	355	57	esg	esg	PROPN
cjel-11734	355	58	investments.97	investments.97	PROPN
cjel-11734	355	59	and	and	CCONJ
cjel-11734	355	60	while	while	SCONJ
cjel-11734	355	61	esg	esg	PROPN
cjel-11734	355	62	open	open	ADJ
cjel-11734	355	63	-	-	PUNCT
cjel-11734	355	64	end	end	NOUN
cjel-11734	355	65	funds	fund	NOUN
cjel-11734	355	66	are	be	AUX
cjel-11734	355	67	primarily	primarily	ADV
cjel-11734	355	68	funded	fund	VERB
cjel-11734	355	69	by	by	ADP
cjel-11734	355	70	institutional	institutional	ADJ
cjel-11734	355	71	investors,98	investors,98	NOUN
cjel-11734	355	72	the	the	DET
cjel-11734	355	73	growth	growth	NOUN
cjel-11734	355	74	of	of	ADP
cjel-11734	355	75	retail	retail	ADJ
cjel-11734	355	76	investors	investor	NOUN
cjel-11734	355	77	’	’	PART
cjel-11734	355	78	market	market	NOUN
cjel-11734	355	79	share99	share99	NOUN
cjel-11734	355	80	in	in	ADP
cjel-11734	355	81	the	the	DET
cjel-11734	355	82	sector	sector	NOUN
cjel-11734	355	83	speaks	speak	VERB
cjel-11734	355	84	to	to	ADP
cjel-11734	355	85	their	their	PRON
cjel-11734	355	86	increasing	increase	VERB
cjel-11734	355	87	importance	importance	NOUN
cjel-11734	355	88	and	and	CCONJ
cjel-11734	355	89	the	the	DET
cjel-11734	355	90	imperative	imperative	NOUN
cjel-11734	355	91	to	to	PART
cjel-11734	355	92	consider	consider	VERB
cjel-11734	355	93	their	their	PRON
cjel-11734	355	94	needs	need	NOUN
cjel-11734	355	95	when	when	SCONJ
cjel-11734	355	96	developing	develop	VERB
cjel-11734	355	97	regulations	regulation	NOUN
cjel-11734	355	98	,	,	PUNCT
cjel-11734	355	99	as	as	SCONJ
cjel-11734	355	100	the	the	DET
cjel-11734	355	101	sec	sec	PROPN
cjel-11734	355	102	did	do	VERB
cjel-11734	355	103	in	in	ADP
cjel-11734	355	104	its	its	PRON
cjel-11734	355	105	may	may	PROPN
cjel-11734	355	106	2022	2022	NUM
cjel-11734	355	107	proposed	propose	VERB
cjel-11734	355	108	rules.100	rules.100	NOUN
cjel-11734	355	109	this	this	DET
cjel-11734	355	110	section	section	NOUN
cjel-11734	355	111	details	detail	VERB
cjel-11734	355	112	retail	retail	ADJ
cjel-11734	355	113	investors	investor	NOUN
cjel-11734	355	114	’	’	PART
cjel-11734	355	115	interest	interest	NOUN
cjel-11734	355	116	in	in	ADP
cjel-11734	355	117	esg	esg	PROPN
cjel-11734	355	118	investing	investing	PROPN
cjel-11734	355	119	,	,	PUNCT
cjel-11734	355	120	the	the	DET
cjel-11734	355	121	motivations	motivation	NOUN
cjel-11734	355	122	behind	behind	ADP
cjel-11734	355	123	their	their	PRON
cjel-11734	355	124	interest	interest	NOUN
cjel-11734	355	125	,	,	PUNCT
cjel-11734	355	126	and	and	CCONJ
cjel-11734	355	127	why	why	SCONJ
cjel-11734	355	128	their	their	PRON
cjel-11734	355	129	needs	need	NOUN
cjel-11734	355	130	ought	ought	AUX
cjel-11734	355	131	to	to	PART
cjel-11734	355	132	be	be	AUX
cjel-11734	355	133	considered	consider	VERB
cjel-11734	355	134	.	.	PUNCT
cjel-11734	356	1	while	while	SCONJ
cjel-11734	356	2	esg	esg	PROPN
cjel-11734	356	3	investing	investing	NOUN
cjel-11734	356	4	is	be	AUX
cjel-11734	356	5	popular	popular	ADJ
cjel-11734	356	6	among	among	ADP
cjel-11734	356	7	all	all	DET
cjel-11734	356	8	generations	generation	NOUN
cjel-11734	356	9	,	,	PUNCT
cjel-11734	356	10	millennials	millennial	NOUN
cjel-11734	356	11	’	'	PUNCT
cjel-11734	356	12	interest	interest	NOUN
cjel-11734	356	13	is	be	AUX
cjel-11734	356	14	consistently	consistently	ADV
cjel-11734	356	15	and	and	CCONJ
cjel-11734	356	16	demonstrably	demonstrably	ADV
cjel-11734	356	17	stronger	strong	ADJ
cjel-11734	356	18	:	:	PUNCT
cjel-11734	356	19	in	in	ADP
cjel-11734	356	20	one	one	NUM
cjel-11734	356	21	survey	survey	NOUN
cjel-11734	356	22	in	in	ADP
cjel-11734	356	23	which	which	PRON
cjel-11734	356	24	49	49	NUM
cjel-11734	356	25	%	%	NOUN
cjel-11734	356	26	percent	percent	NOUN
cjel-11734	356	27	of	of	ADP
cjel-11734	356	28	the	the	DET
cjel-11734	356	29	general	general	ADJ
cjel-11734	356	30	population	population	NOUN
cjel-11734	356	31	was	be	AUX
cjel-11734	356	32	“	"	PUNCT
cjel-11734	356	33	very	very	ADV
cjel-11734	356	34	interested	interested	ADJ
cjel-11734	356	35	”	"	PUNCT
cjel-11734	356	36	in	in	ADP
cjel-11734	356	37	esg	esg	PROPN
cjel-11734	356	38	investing	investing	NOUN
cjel-11734	356	39	,	,	PUNCT
cjel-11734	356	40	95	95	NUM
cjel-11734	356	41	%	%	NOUN
cjel-11734	356	42	of	of	ADP
cjel-11734	356	43	millennials	millennial	NOUN
cjel-11734	356	44	were;101	were;101	PROPN
cjel-11734	356	45	and	and	CCONJ
cjel-11734	356	46	whereas	whereas	SCONJ
cjel-11734	356	47	approximately	approximately	ADV
cjel-11734	356	48	half	half	NOUN
cjel-11734	356	49	of	of	ADP
cjel-11734	356	50	the	the	DET
cjel-11734	356	51	general	general	ADJ
cjel-11734	356	52	population	population	NOUN
cjel-11734	356	53	had	have	AUX
cjel-11734	356	54	adopted	adopt	VERB
cjel-11734	356	55	at	at	ADP
cjel-11734	356	56	least	least	ADV
cjel-11734	356	57	one	one	NUM
cjel-11734	356	58	sustainable	sustainable	ADJ
cjel-11734	356	59	investing	investing	NOUN
cjel-11734	356	60	activity	activity	NOUN
cjel-11734	356	61	,	,	PUNCT
cjel-11734	356	62	two	two	NUM
cjel-11734	356	63	-	-	PUNCT
cjel-11734	356	64	thirds	third	NOUN
cjel-11734	356	65	of	of	ADP
cjel-11734	356	66	millennials	millennial	NOUN
cjel-11734	356	67	already	already	ADV
cjel-11734	356	68	had.102	had.102	ADV
cjel-11734	356	69	in	in	ADP
cjel-11734	356	70	addition	addition	NOUN
cjel-11734	356	71	to	to	ADP
cjel-11734	356	72	seeking	seek	VERB
cjel-11734	356	73	sustainable	sustainable	ADJ
cjel-11734	356	74	investments	investment	NOUN
cjel-11734	356	75	,	,	PUNCT
cjel-11734	356	76	84	84	NUM
cjel-11734	356	77	%	%	NOUN
cjel-11734	356	78	of	of	ADP
cjel-11734	356	79	the	the	DET
cjel-11734	356	80	general	general	ADJ
cjel-11734	356	81	population	population	NOUN
cjel-11734	356	82	wanted	want	VERB
cjel-11734	356	83	impact	impact	NOUN
cjel-11734	356	84	reports	report	NOUN
cjel-11734	356	85	—	—	PUNCT
cjel-11734	356	86	something	something	PRON
cjel-11734	356	87	91	91	NUM
cjel-11734	356	88	%	%	NOUN
cjel-11734	356	89	of	of	ADP
cjel-11734	356	90	millennials	millennial	NOUN
cjel-11734	356	91	wanted	want	VERB
cjel-11734	356	92	as	as	ADP
cjel-11734	356	93	well.103	well.103	NUM
cjel-11734	356	94	the	the	DET
cjel-11734	356	95	strength	strength	NOUN
cjel-11734	356	96	and	and	CCONJ
cjel-11734	356	97	frequency	frequency	NOUN
cjel-11734	356	98	with	with	ADP
cjel-11734	356	99	which	which	PRON
cjel-11734	356	100	95	95	NUM
cjel-11734	356	101	.	.	PUNCT
cjel-11734	357	1	morgan	morgan	PROPN
cjel-11734	357	2	stanley	stanley	PROPN
cjel-11734	357	3	inst	inst	PROPN
cjel-11734	357	4	.	.	PUNCT
cjel-11734	358	1	for	for	ADP
cjel-11734	358	2	sustainable	sustainable	ADJ
cjel-11734	358	3	inv	inv	NOUN
cjel-11734	358	4	.	.	PUNCT
cjel-11734	358	5	,	,	PUNCT
cjel-11734	358	6	sustainable	sustainable	ADJ
cjel-11734	358	7	signals	signal	NOUN
cjel-11734	358	8	:	:	PUNCT
cjel-11734	358	9	individual	individual	ADJ
cjel-11734	358	10	investor	investor	NOUN
cjel-11734	358	11	interest	interest	NOUN
cjel-11734	358	12	driven	drive	VERB
cjel-11734	358	13	by	by	ADP
cjel-11734	358	14	impact	impact	NOUN
cjel-11734	358	15	,	,	PUNCT
cjel-11734	358	16	conviction	conviction	NOUN
cjel-11734	358	17	and	and	CCONJ
cjel-11734	358	18	choice	choice	NOUN
cjel-11734	358	19	4	4	NUM
cjel-11734	358	20	(	(	PUNCT
cjel-11734	358	21	2019	2019	NUM
cjel-11734	358	22	)	)	PUNCT
cjel-11734	358	23	(	(	PUNCT
cjel-11734	358	24	reporting	report	VERB
cjel-11734	358	25	that	that	SCONJ
cjel-11734	358	26	95	95	NUM
cjel-11734	358	27	%	%	NOUN
cjel-11734	358	28	of	of	ADP
cjel-11734	358	29	millennials	millennial	NOUN
cjel-11734	358	30	and	and	CCONJ
cjel-11734	358	31	85	85	NUM
cjel-11734	358	32	%	%	NOUN
cjel-11734	358	33	of	of	ADP
cjel-11734	358	34	the	the	DET
cjel-11734	358	35	general	general	ADJ
cjel-11734	358	36	population	population	NOUN
cjel-11734	358	37	surveyed	survey	VERB
cjel-11734	358	38	expressed	express	VERB
cjel-11734	358	39	a	a	DET
cjel-11734	358	40	general	general	ADJ
cjel-11734	358	41	interest	interest	NOUN
cjel-11734	358	42	in	in	ADP
cjel-11734	358	43	sustainable	sustainable	ADJ
cjel-11734	358	44	investing	investing	NOUN
cjel-11734	358	45	)	)	PUNCT
cjel-11734	358	46	.	.	PUNCT
cjel-11734	359	1	96	96	NUM
cjel-11734	359	2	.	.	PUNCT
cjel-11734	360	1	a	a	DET
cjel-11734	360	2	basis	basis	NOUN
cjel-11734	360	3	point	point	NOUN
cjel-11734	360	4	is	be	AUX
cjel-11734	360	5	one	one	NUM
cjel-11734	360	6	one	one	NUM
cjel-11734	360	7	-	-	PUNCT
cjel-11734	360	8	hundredth	hundredth	ADJ
cjel-11734	360	9	of	of	ADP
cjel-11734	360	10	a	a	DET
cjel-11734	360	11	percentage	percentage	NOUN
cjel-11734	360	12	point	point	NOUN
cjel-11734	360	13	.	.	PUNCT
cjel-11734	361	1	basis	basis	NOUN
cjel-11734	361	2	point	point	NOUN
cjel-11734	361	3	,	,	PUNCT
cjel-11734	361	4	sec	sec	PROPN
cjel-11734	361	5	,	,	PUNCT
cjel-11734	361	6	https://www.investor.gov/introduction-investing/investing-basics/glossary/basis-point	https://www.investor.gov/introduction-investing/investing-basics/glossary/basis-point	PROPN
cjel-11734	362	1	[	[	X
cjel-11734	362	2	https://perma.cc/sz6f-jrj9	https://perma.cc/sz6f-jrj9	X
cjel-11734	362	3	]	]	X
cjel-11734	362	4	(	(	PUNCT
cjel-11734	362	5	last	last	ADV
cjel-11734	362	6	visited	visit	VERB
cjel-11734	362	7	mar	mar	PROPN
cjel-11734	362	8	.	.	PROPN
cjel-11734	362	9	25	25	NUM
cjel-11734	362	10	,	,	PUNCT
cjel-11734	362	11	2023	2023	NUM
cjel-11734	362	12	)	)	PUNCT
cjel-11734	362	13	.	.	PUNCT
cjel-11734	363	1	for	for	ADP
cjel-11734	363	2	perspective	perspective	NOUN
cjel-11734	363	3	,	,	PUNCT
cjel-11734	363	4	forty	forty	NUM
cjel-11734	363	5	basis	basis	NOUN
cjel-11734	363	6	points	point	NOUN
cjel-11734	363	7	on	on	ADP
cjel-11734	363	8	a	a	DET
cjel-11734	363	9	$	$	SYM
cjel-11734	363	10	1,000	1,000	NUM
cjel-11734	363	11	investment	investment	NOUN
cjel-11734	363	12	is	be	AUX
cjel-11734	363	13	$	$	SYM
cjel-11734	363	14	4	4	NUM
cjel-11734	363	15	.	.	PUNCT
cjel-11734	364	1	97	97	NUM
cjel-11734	364	2	.	.	PUNCT
cjel-11734	365	1	baker	baker	PROPN
cjel-11734	365	2	et	et	PROPN
cjel-11734	365	3	al	al	PROPN
cjel-11734	365	4	.	.	PROPN
cjel-11734	365	5	,	,	PUNCT
cjel-11734	365	6	supra	supra	PROPN
cjel-11734	365	7	note	note	NOUN
cjel-11734	365	8	9	9	NUM
cjel-11734	365	9	,	,	PUNCT
cjel-11734	365	10	at	at	ADP
cjel-11734	365	11	23	23	NUM
cjel-11734	365	12	.	.	PUNCT
cjel-11734	366	1	interestingly	interestingly	ADV
cjel-11734	366	2	,	,	PUNCT
cjel-11734	366	3	this	this	DET
cjel-11734	366	4	number	number	NOUN
cjel-11734	366	5	jumped	jump	VERB
cjel-11734	366	6	even	even	ADV
cjel-11734	366	7	higher	high	ADJ
cjel-11734	366	8	,	,	PUNCT
cjel-11734	366	9	to	to	PART
cjel-11734	366	10	thirtyseven	thirtyseven	VERB
cjel-11734	366	11	basis	basis	NOUN
cjel-11734	366	12	points	point	NOUN
cjel-11734	366	13	,	,	PUNCT
cjel-11734	366	14	for	for	ADP
cjel-11734	366	15	those	those	PRON
cjel-11734	366	16	worried	worry	VERB
cjel-11734	366	17	about	about	ADP
cjel-11734	366	18	climate	climate	NOUN
cjel-11734	366	19	change	change	NOUN
cjel-11734	366	20	.	.	PUNCT
cjel-11734	367	1	i	i	PRON
cjel-11734	367	2	d.	d.	PROPN
cjel-11734	367	3	at	at	ADP
cjel-11734	367	4	4	4	NUM
cjel-11734	367	5	.	.	NOUN
cjel-11734	367	6	98	98	NUM
cjel-11734	367	7	.	.	PUNCT
cjel-11734	368	1	broadridge	broadridge	NOUN
cjel-11734	368	2	,	,	PUNCT
cjel-11734	368	3	esg	esg	PROPN
cjel-11734	368	4	:	:	PUNCT
cjel-11734	368	5	transforming	transform	VERB
cjel-11734	368	6	asset	asset	NOUN
cjel-11734	368	7	management	management	NOUN
cjel-11734	368	8	and	and	CCONJ
cjel-11734	368	9	fund	fund	NOUN
cjel-11734	368	10	distribution	distribution	NOUN
cjel-11734	368	11	9	9	NUM
cjel-11734	368	12	(	(	PUNCT
cjel-11734	368	13	2020	2020	NUM
cjel-11734	368	14	)	)	PUNCT
cjel-11734	369	1	(	(	PUNCT
cjel-11734	369	2	estimating	estimate	VERB
cjel-11734	369	3	that	that	SCONJ
cjel-11734	369	4	approximately	approximately	ADV
cjel-11734	369	5	60	60	NUM
cjel-11734	369	6	%	%	NOUN
cjel-11734	369	7	of	of	ADP
cjel-11734	369	8	ownership	ownership	NOUN
cjel-11734	369	9	of	of	ADP
cjel-11734	369	10	esg	esg	PROPN
cjel-11734	369	11	etfs	etfs	PROPN
cjel-11734	369	12	and	and	CCONJ
cjel-11734	369	13	mutual	mutual	ADJ
cjel-11734	369	14	funds	fund	NOUN
cjel-11734	369	15	is	be	AUX
cjel-11734	369	16	from	from	ADP
cjel-11734	369	17	institutional	institutional	ADJ
cjel-11734	369	18	investors	investor	NOUN
cjel-11734	369	19	,	,	PUNCT
cjel-11734	369	20	whereas	whereas	SCONJ
cjel-11734	369	21	30	30	NUM
cjel-11734	369	22	%	%	NOUN
cjel-11734	369	23	is	be	AUX
cjel-11734	369	24	from	from	ADP
cjel-11734	369	25	retail	retail	ADJ
cjel-11734	369	26	investors	investor	NOUN
cjel-11734	369	27	)	)	PUNCT
cjel-11734	369	28	.	.	PUNCT
cjel-11734	370	1	99	99	NUM
cjel-11734	370	2	.	.	PUNCT
cjel-11734	371	1	paul	paul	PROPN
cjel-11734	371	2	borges	borges	PROPN
cjel-11734	371	3	,	,	PUNCT
cjel-11734	371	4	launching	launch	VERB
cjel-11734	371	5	sustainable	sustainable	ADJ
cjel-11734	371	6	investment	investment	NOUN
cjel-11734	371	7	into	into	ADP
cjel-11734	371	8	the	the	DET
cjel-11734	371	9	mainstream	mainstream	ADJ
cjel-11734	371	10	11–12	11–12	NUM
cjel-11734	371	11	(	(	PUNCT
cjel-11734	371	12	2017	2017	NUM
cjel-11734	371	13	)	)	PUNCT
cjel-11734	371	14	(	(	PUNCT
cjel-11734	371	15	msc	msc	PROPN
cjel-11734	371	16	thesis	thesis	PROPN
cjel-11734	371	17	)	)	PUNCT
cjel-11734	371	18	(	(	PUNCT
cjel-11734	371	19	on	on	ADP
cjel-11734	371	20	file	file	NOUN
cjel-11734	371	21	with	with	ADP
cjel-11734	371	22	the	the	DET
cjel-11734	371	23	copenhagen	copenhagen	PROPN
cjel-11734	371	24	bus	bus	NOUN
cjel-11734	371	25	.	.	PUNCT
cjel-11734	372	1	sch	sch	PROPN
cjel-11734	372	2	.	.	PUNCT
cjel-11734	372	3	)	)	PUNCT
cjel-11734	373	1	(	(	PUNCT
cjel-11734	373	2	explaining	explain	VERB
cjel-11734	373	3	that	that	SCONJ
cjel-11734	373	4	the	the	DET
cjel-11734	373	5	gap	gap	NOUN
cjel-11734	373	6	between	between	ADP
cjel-11734	373	7	institutional	institutional	ADJ
cjel-11734	373	8	and	and	CCONJ
cjel-11734	373	9	retail	retail	ADJ
cjel-11734	373	10	investors	investor	NOUN
cjel-11734	373	11	’	'	PUNCT
cjel-11734	373	12	share	share	NOUN
cjel-11734	373	13	of	of	ADP
cjel-11734	373	14	the	the	DET
cjel-11734	373	15	esg	esg	PROPN
cjel-11734	373	16	fund	fund	NOUN
cjel-11734	373	17	sector	sector	NOUN
cjel-11734	373	18	has	have	AUX
cjel-11734	373	19	steadily	steadily	ADV
cjel-11734	373	20	been	be	AUX
cjel-11734	373	21	closing	close	VERB
cjel-11734	373	22	)	)	PUNCT
cjel-11734	373	23	.	.	PUNCT
cjel-11734	374	1	100	100	NUM
cjel-11734	374	2	.	.	PUNCT
cjel-11734	375	1	see	see	VERB
cjel-11734	375	2	e.g.	e.g.	ADV
cjel-11734	375	3	,	,	PUNCT
cjel-11734	375	4	enhanced	enhance	VERB
cjel-11734	375	5	disclosures	disclosure	NOUN
cjel-11734	375	6	by	by	ADP
cjel-11734	375	7	certain	certain	ADJ
cjel-11734	375	8	investment	investment	NOUN
cjel-11734	375	9	advisers	adviser	NOUN
cjel-11734	375	10	and	and	CCONJ
cjel-11734	375	11	investment	investment	NOUN
cjel-11734	375	12	companies	company	NOUN
cjel-11734	375	13	about	about	ADP
cjel-11734	375	14	environmental	environmental	ADJ
cjel-11734	375	15	,	,	PUNCT
cjel-11734	375	16	social	social	ADJ
cjel-11734	375	17	,	,	PUNCT
cjel-11734	375	18	and	and	CCONJ
cjel-11734	375	19	governance	governance	NOUN
cjel-11734	375	20	investment	investment	NOUN
cjel-11734	375	21	practices	practice	NOUN
cjel-11734	375	22	,	,	PUNCT
cjel-11734	375	23	87	87	NUM
cjel-11734	375	24	fed	fed	PROPN
cjel-11734	375	25	.	.	PUNCT
cjel-11734	376	1	reg	reg	PROPN
cjel-11734	376	2	.	.	PROPN
cjel-11734	377	1	36,668	36,668	NUM
cjel-11734	377	2	¶	¶	NUM
cjel-11734	377	3	45	45	NUM
cjel-11734	377	4	(	(	PUNCT
cjel-11734	377	5	proposed	propose	VERB
cjel-11734	377	6	june	june	PROPN
cjel-11734	377	7	17	17	NUM
cjel-11734	377	8	,	,	PUNCT
cjel-11734	377	9	2022	2022	NUM
cjel-11734	377	10	)	)	PUNCT
cjel-11734	377	11	(	(	PUNCT
cjel-11734	377	12	asking	ask	VERB
cjel-11734	377	13	whether	whether	SCONJ
cjel-11734	377	14	certain	certain	ADJ
cjel-11734	377	15	proposed	propose	VERB
cjel-11734	377	16	disclosure	disclosure	NOUN
cjel-11734	377	17	requirements	requirement	NOUN
cjel-11734	377	18	would	would	AUX
cjel-11734	377	19	be	be	AUX
cjel-11734	377	20	difficult	difficult	ADJ
cjel-11734	377	21	for	for	SCONJ
cjel-11734	377	22	retail	retail	ADJ
cjel-11734	377	23	investors	investor	NOUN
cjel-11734	377	24	to	to	PART
cjel-11734	377	25	understand	understand	VERB
cjel-11734	377	26	,	,	PUNCT
cjel-11734	377	27	and	and	CCONJ
cjel-11734	377	28	,	,	PUNCT
cjel-11734	377	29	if	if	SCONJ
cjel-11734	377	30	so	so	ADV
cjel-11734	377	31	,	,	PUNCT
cjel-11734	377	32	whether	whether	SCONJ
cjel-11734	377	33	there	there	PRON
cjel-11734	377	34	are	be	VERB
cjel-11734	377	35	ways	way	NOUN
cjel-11734	377	36	to	to	PART
cjel-11734	377	37	make	make	VERB
cjel-11734	377	38	disclosures	disclosure	NOUN
cjel-11734	377	39	more	more	ADV
cjel-11734	377	40	accessible	accessible	ADJ
cjel-11734	377	41	)	)	PUNCT
cjel-11734	377	42	.	.	PUNCT
cjel-11734	378	1	101	101	NUM
cjel-11734	378	2	.	.	PUNCT
cjel-11734	379	1	see	see	VERB
cjel-11734	379	2	supra	supra	PROPN
cjel-11734	379	3	note	note	PROPN
cjel-11734	379	4	96	96	NUM
cjel-11734	379	5	.	.	NOUN
cjel-11734	380	1	102	102	NUM
cjel-11734	380	2	.	.	PUNCT
cjel-11734	381	1	i	i	PRON
cjel-11734	381	2	d.	d.	PROPN
cjel-11734	381	3	103	103	NUM
cjel-11734	381	4	.	.	PUNCT
cjel-11734	382	1	i	i	PRON
cjel-11734	382	2	d.	d.	PROPN
cjel-11734	382	3	at	at	ADP
cjel-11734	382	4	2	2	NUM
cjel-11734	382	5	.	.	PUNCT
cjel-11734	382	6	2023	2023	NUM
cjel-11734	382	7	]	]	PUNCT
cjel-11734	382	8	green	green	ADJ
cjel-11734	382	9	funds	fund	NOUN
cjel-11734	382	10	in	in	ADP
cjel-11734	382	11	a	a	DET
cjel-11734	382	12	gray	gray	ADJ
cjel-11734	382	13	area	area	NOUN
cjel-11734	382	14	433	433	NUM
cjel-11734	382	15	millennials	millennial	NOUN
cjel-11734	382	16	engage	engage	VERB
cjel-11734	382	17	in	in	ADP
cjel-11734	382	18	esg	esg	PROPN
cjel-11734	382	19	-	-	PUNCT
cjel-11734	382	20	related	relate	VERB
cjel-11734	382	21	activities	activity	NOUN
cjel-11734	382	22	suggests	suggest	VERB
cjel-11734	382	23	an	an	DET
cjel-11734	382	24	investing	investing	NOUN
cjel-11734	382	25	ethos	ethos	NOUN
cjel-11734	382	26	motivated	motivate	VERB
cjel-11734	382	27	by	by	ADP
cjel-11734	382	28	both	both	CCONJ
cjel-11734	382	29	financial	financial	ADJ
cjel-11734	382	30	and	and	CCONJ
cjel-11734	382	31	non	non	ADJ
cjel-11734	382	32	-	-	ADJ
cjel-11734	382	33	financial	financial	ADJ
cjel-11734	382	34	objectives	objective	NOUN
cjel-11734	382	35	:	:	PUNCT
cjel-11734	382	36	“	"	PUNCT
cjel-11734	382	37	millennials	millennial	NOUN
cjel-11734	382	38	are	be	AUX
cjel-11734	382	39	markedly	markedly	ADV
cjel-11734	382	40	different	different	ADJ
cjel-11734	382	41	than	than	ADP
cjel-11734	382	42	their	their	PRON
cjel-11734	382	43	predecessors	predecessor	NOUN
cjel-11734	382	44	.	.	PUNCT
cjel-11734	383	1	the	the	DET
cjel-11734	383	2	literature	literature	NOUN
cjel-11734	383	3	and	and	CCONJ
cjel-11734	383	4	market	market	NOUN
cjel-11734	383	5	research	research	NOUN
cjel-11734	383	6	unanimously	unanimously	ADV
cjel-11734	383	7	conclude	conclude	VERB
cjel-11734	383	8	that	that	SCONJ
cjel-11734	383	9	,	,	PUNCT
cjel-11734	383	10	compared	compare	VERB
cjel-11734	383	11	to	to	ADP
cjel-11734	383	12	prior	prior	ADJ
cjel-11734	383	13	generations	generation	NOUN
cjel-11734	383	14	,	,	PUNCT
cjel-11734	383	15	millennials	millennial	NOUN
cjel-11734	383	16	are	be	AUX
cjel-11734	383	17	less	less	ADV
cjel-11734	383	18	interested	interested	ADJ
cjel-11734	383	19	in	in	ADP
cjel-11734	383	20	investment	investment	NOUN
cjel-11734	383	21	returns	return	NOUN
cjel-11734	383	22	and	and	CCONJ
cjel-11734	383	23	more	more	ADV
cjel-11734	383	24	interested	interested	ADJ
cjel-11734	383	25	in	in	ADP
cjel-11734	383	26	their	their	PRON
cjel-11734	383	27	investments	investment	NOUN
cjel-11734	383	28	reflecting	reflect	VERB
cjel-11734	383	29	their	their	PRON
cjel-11734	383	30	social	social	ADJ
cjel-11734	383	31	values	value	NOUN
cjel-11734	383	32	.	.	PUNCT
cjel-11734	384	1	”104	”104	PROPN
cjel-11734	384	2	millennial	millennial	ADJ
cjel-11734	384	3	interest	interest	NOUN
cjel-11734	384	4	in	in	ADP
cjel-11734	384	5	esg	esg	PROPN
cjel-11734	384	6	investing	invest	VERB
cjel-11734	384	7	further	far	ADV
cjel-11734	384	8	diverges	diverge	NOUN
cjel-11734	384	9	from	from	ADP
cjel-11734	384	10	other	other	ADJ
cjel-11734	384	11	generations	generation	NOUN
cjel-11734	384	12	when	when	SCONJ
cjel-11734	384	13	it	it	PRON
cjel-11734	384	14	comes	come	VERB
cjel-11734	384	15	to	to	ADP
cjel-11734	384	16	putting	put	VERB
cjel-11734	384	17	their	their	PRON
cjel-11734	384	18	money	money	NOUN
cjel-11734	384	19	where	where	SCONJ
cjel-11734	384	20	their	their	PRON
cjel-11734	384	21	mouth	mouth	NOUN
cjel-11734	384	22	is	be	AUX
cjel-11734	384	23	:	:	PUNCT
cjel-11734	384	24	one	one	NUM
cjel-11734	384	25	study	study	NOUN
cjel-11734	384	26	found	find	VERB
cjel-11734	384	27	that	that	SCONJ
cjel-11734	384	28	while	while	SCONJ
cjel-11734	384	29	57	57	NUM
cjel-11734	384	30	%	%	NOUN
cjel-11734	384	31	of	of	ADP
cjel-11734	384	32	millennials	millennial	NOUN
cjel-11734	384	33	will	will	AUX
cjel-11734	384	34	intentionally	intentionally	ADV
cjel-11734	384	35	stop	stop	VERB
cjel-11734	384	36	investing	invest	VERB
cjel-11734	384	37	or	or	CCONJ
cjel-11734	384	38	choosing	choose	VERB
cjel-11734	384	39	to	to	PART
cjel-11734	384	40	invest	invest	VERB
cjel-11734	384	41	in	in	ADP
cjel-11734	384	42	a	a	DET
cjel-11734	384	43	company	company	NOUN
cjel-11734	384	44	because	because	SCONJ
cjel-11734	384	45	of	of	ADP
cjel-11734	384	46	the	the	DET
cjel-11734	384	47	impact	impact	NOUN
cjel-11734	384	48	the	the	DET
cjel-11734	384	49	company	company	NOUN
cjel-11734	384	50	’s	’s	PART
cjel-11734	384	51	products	product	NOUN
cjel-11734	384	52	or	or	CCONJ
cjel-11734	384	53	services	service	NOUN
cjel-11734	384	54	have	have	VERB
cjel-11734	384	55	on	on	ADP
cjel-11734	384	56	people	people	NOUN
cjel-11734	384	57	’s	’s	PART
cjel-11734	384	58	health	health	NOUN
cjel-11734	384	59	or	or	CCONJ
cjel-11734	384	60	well	well	ADV
cjel-11734	384	61	-	-	PUNCT
cjel-11734	384	62	being	being	NOUN
cjel-11734	384	63	,	,	PUNCT
cjel-11734	384	64	only	only	ADV
cjel-11734	384	65	42	42	NUM
cjel-11734	384	66	%	%	NOUN
cjel-11734	384	67	of	of	ADP
cjel-11734	384	68	gen	gen	PROPN
cjel-11734	384	69	xers	xer	NOUN
cjel-11734	384	70	and	and	CCONJ
cjel-11734	384	71	35	35	NUM
cjel-11734	384	72	%	%	NOUN
cjel-11734	384	73	of	of	ADP
cjel-11734	384	74	boomers	boomer	NOUN
cjel-11734	384	75	will	will	AUX
cjel-11734	384	76	do	do	VERB
cjel-11734	384	77	the	the	DET
cjel-11734	384	78	same.105	same.105	NOUN
cjel-11734	384	79	millennials	millennial	NOUN
cjel-11734	384	80	’	'	PUNCT
cjel-11734	384	81	interest	interest	NOUN
cjel-11734	384	82	in	in	ADP
cjel-11734	384	83	achieving	achieve	VERB
cjel-11734	384	84	esg	esg	NOUN
cjel-11734	384	85	objectives	objective	NOUN
cjel-11734	384	86	goes	go	VERB
cjel-11734	384	87	so	so	ADV
cjel-11734	384	88	far	far	ADV
cjel-11734	384	89	that	that	SCONJ
cjel-11734	384	90	an	an	DET
cjel-11734	384	91	overwhelming	overwhelming	ADJ
cjel-11734	384	92	majority—70%—would	majority—70%—would	AUX
cjel-11734	384	93	be	be	AUX
cjel-11734	384	94	willing	willing	ADJ
cjel-11734	384	95	to	to	PART
cjel-11734	384	96	sacrifice	sacrifice	VERB
cjel-11734	384	97	some	some	DET
cjel-11734	384	98	yield	yield	NOUN
cjel-11734	384	99	to	to	PART
cjel-11734	384	100	achieve	achieve	VERB
cjel-11734	384	101	sustainable	sustainable	ADJ
cjel-11734	384	102	outcomes.106	outcomes.106	NOUN
cjel-11734	384	103	another	another	DET
cjel-11734	384	104	study	study	NOUN
cjel-11734	384	105	found	find	VERB
cjel-11734	384	106	similar	similar	ADJ
cjel-11734	384	107	results	result	NOUN
cjel-11734	384	108	on	on	ADP
cjel-11734	384	109	the	the	DET
cjel-11734	384	110	willingness	willingness	NOUN
cjel-11734	384	111	of	of	ADP
cjel-11734	384	112	millennials	millennial	NOUN
cjel-11734	384	113	to	to	PART
cjel-11734	384	114	sacrifice	sacrifice	VERB
cjel-11734	384	115	yield	yield	NOUN
cjel-11734	384	116	:	:	PUNCT
cjel-11734	384	117	“	"	PUNCT
cjel-11734	384	118	[	[	X
cjel-11734	384	119	w]hile	w]hile	ADP
cjel-11734	384	120	the	the	DET
cjel-11734	384	121	average	average	ADJ
cjel-11734	384	122	investor	investor	NOUN
cjel-11734	384	123	in	in	ADP
cjel-11734	384	124	their	their	PRON
cjel-11734	384	125	twenties	twenty	NOUN
cjel-11734	384	126	or	or	CCONJ
cjel-11734	384	127	thirties	thirty	NOUN
cjel-11734	384	128	was	be	AUX
cjel-11734	384	129	willing	willing	ADJ
cjel-11734	384	130	to	to	PART
cjel-11734	384	131	lose	lose	VERB
cjel-11734	384	132	between	between	ADP
cjel-11734	384	133	6	6	NUM
cjel-11734	384	134	%	%	NOUN
cjel-11734	384	135	and	and	CCONJ
cjel-11734	384	136	10	10	NUM
cjel-11734	384	137	%	%	NOUN
cjel-11734	384	138	of	of	ADP
cjel-11734	384	139	their	their	PRON
cjel-11734	384	140	investments	investment	NOUN
cjel-11734	384	141	to	to	PART
cjel-11734	384	142	see	see	VERB
cjel-11734	384	143	companies	company	NOUN
cjel-11734	384	144	improve	improve	VERB
cjel-11734	384	145	their	their	PRON
cjel-11734	384	146	environmental	environmental	ADJ
cjel-11734	384	147	practices	practice	NOUN
cjel-11734	384	148	,	,	PUNCT
cjel-11734	384	149	the	the	DET
cjel-11734	384	150	average	average	ADJ
cjel-11734	384	151	baby	baby	NOUN
cjel-11734	384	152	boomer	boomer	NOUN
cjel-11734	384	153	was	be	AUX
cjel-11734	384	154	unwilling	unwilling	ADJ
cjel-11734	384	155	to	to	PART
cjel-11734	384	156	lose	lose	VERB
cjel-11734	384	157	anything	anything	PRON
cjel-11734	384	158	.	.	PUNCT
cjel-11734	384	159	”107	”107	PUNCT
cjel-11734	385	1	these	these	DET
cjel-11734	385	2	findings	finding	NOUN
cjel-11734	385	3	do	do	AUX
cjel-11734	385	4	not	not	PART
cjel-11734	385	5	suggest	suggest	VERB
cjel-11734	385	6	that	that	SCONJ
cjel-11734	385	7	millennials	millennial	NOUN
cjel-11734	385	8	are	be	AUX
cjel-11734	385	9	“	"	PUNCT
cjel-11734	385	10	indifferent	indifferent	ADJ
cjel-11734	385	11	to	to	ADP
cjel-11734	385	12	investment	investment	NOUN
cjel-11734	385	13	returns	return	NOUN
cjel-11734	385	14	,	,	PUNCT
cjel-11734	385	15	but	but	CCONJ
cjel-11734	385	16	that	that	SCONJ
cjel-11734	385	17	they	they	PRON
cjel-11734	385	18	have	have	VERB
cjel-11734	385	19	a	a	DET
cjel-11734	385	20	greater	great	ADJ
cjel-11734	385	21	tendency	tendency	NOUN
cjel-11734	385	22	to	to	PART
cjel-11734	385	23	assess	assess	VERB
cjel-11734	385	24	and	and	CCONJ
cjel-11734	385	25	even	even	ADV
cjel-11734	385	26	prioritize	prioritize	VERB
cjel-11734	385	27	the	the	DET
cjel-11734	385	28	social	social	ADJ
cjel-11734	385	29	and	and	CCONJ
cjel-11734	385	30	real	real	ADJ
cjel-11734	385	31	world	world	NOUN
cjel-11734	385	32	effects	effect	NOUN
cjel-11734	385	33	of	of	ADP
cjel-11734	385	34	their	their	PRON
cjel-11734	385	35	investments	investment	NOUN
cjel-11734	385	36	.	.	PUNCT
cjel-11734	386	1	”108	”108	NOUN
cjel-11734	386	2	it	it	PRON
cjel-11734	386	3	also	also	ADV
cjel-11734	386	4	signals	signal	VERB
cjel-11734	386	5	a	a	DET
cjel-11734	386	6	strong	strong	ADJ
cjel-11734	386	7	interest	interest	NOUN
cjel-11734	386	8	in	in	ADP
cjel-11734	386	9	esg	esg	PROPN
cjel-11734	386	10	investing	investing	NOUN
cjel-11734	386	11	strategies	strategy	NOUN
cjel-11734	386	12	that	that	PRON
cjel-11734	386	13	fall	fall	VERB
cjel-11734	386	14	closer	close	ADV
cjel-11734	386	15	to	to	ADP
cjel-11734	386	16	the	the	DET
cjel-11734	386	17	impact	impact	NOUN
cjel-11734	386	18	end	end	NOUN
cjel-11734	386	19	of	of	ADP
cjel-11734	386	20	the	the	DET
cjel-11734	386	21	spectrum	spectrum	NOUN
cjel-11734	386	22	.	.	PUNCT
cjel-11734	387	1	104	104	NUM
cjel-11734	387	2	.	.	PUNCT
cjel-11734	388	1	michal	michal	PROPN
cjel-11734	388	2	barzuza	barzuza	PROPN
cjel-11734	388	3	et	et	PROPN
cjel-11734	388	4	al	al	PROPN
cjel-11734	388	5	.	.	PROPN
cjel-11734	388	6	,	,	PUNCT
cjel-11734	388	7	shareholder	shareholder	NOUN
cjel-11734	388	8	value(s	value(s	NOUN
cjel-11734	388	9	):	):	PUNCT
cjel-11734	388	10	index	index	NOUN
cjel-11734	388	11	fund	fund	NOUN
cjel-11734	388	12	esg	esg	PROPN
cjel-11734	388	13	activism	activism	NOUN
cjel-11734	388	14	and	and	CCONJ
cjel-11734	388	15	the	the	DET
cjel-11734	388	16	new	new	ADJ
cjel-11734	388	17	millennial	millennial	ADJ
cjel-11734	388	18	corporate	corporate	ADJ
cjel-11734	388	19	governance	governance	NOUN
cjel-11734	388	20	,	,	PUNCT
cjel-11734	388	21	93	93	NUM
cjel-11734	388	22	s.	s.	PROPN
cjel-11734	388	23	cal	cal	PROPN
cjel-11734	388	24	.	.	PUNCT
cjel-11734	389	1	l.	l.	PROPN
cjel-11734	389	2	rev	rev	PROPN
cjel-11734	389	3	.	.	PROPN
cjel-11734	389	4	1243	1243	NUM
cjel-11734	389	5	,	,	PUNCT
cjel-11734	389	6	1250	1250	NUM
cjel-11734	389	7	.	.	PUNCT
cjel-11734	390	1	in	in	ADP
cjel-11734	390	2	fairness	fairness	NOUN
cjel-11734	390	3	,	,	PUNCT
cjel-11734	390	4	the	the	DET
cjel-11734	390	5	increased	increase	VERB
cjel-11734	390	6	interest	interest	NOUN
cjel-11734	390	7	in	in	ADP
cjel-11734	390	8	sustainable	sustainable	ADJ
cjel-11734	390	9	investing	investing	NOUN
cjel-11734	390	10	by	by	ADP
cjel-11734	390	11	younger	young	ADJ
cjel-11734	390	12	generations	generation	NOUN
cjel-11734	390	13	could	could	AUX
cjel-11734	390	14	signal	signal	VERB
cjel-11734	390	15	their	their	PRON
cjel-11734	390	16	higher	high	ADJ
cjel-11734	390	17	risk	risk	NOUN
cjel-11734	390	18	tolerance	tolerance	NOUN
cjel-11734	390	19	compared	compare	VERB
cjel-11734	390	20	to	to	ADP
cjel-11734	390	21	older	old	ADJ
cjel-11734	390	22	generations	generation	NOUN
cjel-11734	390	23	,	,	PUNCT
cjel-11734	390	24	which	which	PRON
cjel-11734	390	25	are	be	AUX
cjel-11734	390	26	closer	close	ADJ
cjel-11734	390	27	to	to	ADP
cjel-11734	390	28	retirement	retirement	NOUN
cjel-11734	390	29	,	,	PUNCT
cjel-11734	390	30	and	and	CCONJ
cjel-11734	390	31	must	must	AUX
cjel-11734	390	32	be	be	AUX
cjel-11734	390	33	more	more	ADV
cjel-11734	390	34	conservative	conservative	ADJ
cjel-11734	390	35	with	with	ADP
cjel-11734	390	36	their	their	PRON
cjel-11734	390	37	investment	investment	NOUN
cjel-11734	390	38	decisions	decision	NOUN
cjel-11734	390	39	.	.	PUNCT
cjel-11734	391	1	105	105	NUM
cjel-11734	391	2	.	.	PUNCT
cjel-11734	392	1	allianz	allianz	PROPN
cjel-11734	392	2	,	,	PUNCT
cjel-11734	392	3	esg	esg	PROPN
cjel-11734	392	4	ethics	ethic	NOUN
cjel-11734	392	5	and	and	CCONJ
cjel-11734	392	6	investing	investing	NOUN
cjel-11734	392	7	:	:	PUNCT
cjel-11734	392	8	how	how	SCONJ
cjel-11734	392	9	environmental	environmental	ADJ
cjel-11734	392	10	,	,	PUNCT
cjel-11734	392	11	social	social	ADJ
cjel-11734	392	12	,	,	PUNCT
cjel-11734	392	13	and	and	CCONJ
cjel-11734	392	14	governance	governance	NOUN
cjel-11734	392	15	issues	issue	NOUN
cjel-11734	392	16	impact	impact	VERB
cjel-11734	392	17	investor	investor	NOUN
cjel-11734	392	18	behavior	behavior	NOUN
cjel-11734	392	19	4	4	NUM
cjel-11734	392	20	(	(	PUNCT
cjel-11734	392	21	2019	2019	NUM
cjel-11734	392	22	)	)	PUNCT
cjel-11734	392	23	.	.	PUNCT
cjel-11734	393	1	106	106	NUM
cjel-11734	393	2	.	.	PUNCT
cjel-11734	394	1	maitane	maitane	PROPN
cjel-11734	394	2	sardon	sardon	PROPN
cjel-11734	394	3	,	,	PUNCT
cjel-11734	394	4	a	a	DET
cjel-11734	394	5	guarded	guard	VERB
cjel-11734	394	6	generation	generation	NOUN
cjel-11734	394	7	:	:	PUNCT
cjel-11734	394	8	how	how	SCONJ
cjel-11734	394	9	millennials	millennial	NOUN
cjel-11734	394	10	view	view	VERB
cjel-11734	394	11	money	money	NOUN
cjel-11734	394	12	and	and	CCONJ
cjel-11734	394	13	investing	investing	NOUN
cjel-11734	394	14	,	,	PUNCT
cjel-11734	394	15	wall	wall	PROPN
cjel-11734	394	16	st	st	PROPN
cjel-11734	394	17	.	.	PROPN
cjel-11734	394	18	j.	j.	PROPN
cjel-11734	394	19	(	(	PUNCT
cjel-11734	394	20	mar	mar	PROPN
cjel-11734	394	21	.	.	PROPN
cjel-11734	394	22	13	13	NUM
cjel-11734	394	23	,	,	PUNCT
cjel-11734	394	24	2020	2020	NUM
cjel-11734	394	25	)	)	PUNCT
cjel-11734	394	26	,	,	PUNCT
cjel-11734	394	27	https://www.wsj.com/articles/the-recession-left-millennials-loadedwith-debtand-cynical-11583956727	https://www.wsj.com/articles/the-recession-left-millennials-loadedwith-debtand-cynical-11583956727	X
cjel-11734	395	1	[	[	X
cjel-11734	395	2	https://perma.cc/k5kt-cj34	https://perma.cc/k5kt-cj34	X
cjel-11734	395	3	]	]	PUNCT
cjel-11734	395	4	.	.	PUNCT
cjel-11734	396	1	107	107	NUM
cjel-11734	396	2	.	.	PUNCT
cjel-11734	397	1	alexander	alexander	PROPN
cjel-11734	397	2	gelfand	gelfand	PROPN
cjel-11734	397	3	,	,	PUNCT
cjel-11734	397	4	the	the	DET
cjel-11734	397	5	esg	esg	PROPN
cjel-11734	397	6	generation	generation	NOUN
cjel-11734	397	7	gap	gap	NOUN
cjel-11734	397	8	:	:	PUNCT
cjel-11734	397	9	millennials	millennial	NOUN
cjel-11734	397	10	and	and	CCONJ
cjel-11734	397	11	boomers	boomer	NOUN
cjel-11734	397	12	split	split	VERB
cjel-11734	397	13	on	on	ADP
cjel-11734	397	14	their	their	PRON
cjel-11734	397	15	investing	investing	NOUN
cjel-11734	397	16	goals	goal	NOUN
cjel-11734	397	17	,	,	PUNCT
cjel-11734	397	18	stan	stan	PROPN
cjel-11734	397	19	.	.	PUNCT
cjel-11734	398	1	graduate	graduate	PROPN
cjel-11734	398	2	sch	sch	PROPN
cjel-11734	398	3	.	.	PROPN
cjel-11734	398	4	of	of	ADP
cjel-11734	398	5	bus	bus	NOUN
cjel-11734	398	6	.	.	PUNCT
cjel-11734	399	1	(	(	PUNCT
cjel-11734	399	2	nov	nov	PROPN
cjel-11734	399	3	.	.	PROPN
cjel-11734	399	4	10	10	NUM
cjel-11734	399	5	,	,	PUNCT
cjel-11734	399	6	2022	2022	NUM
cjel-11734	399	7	)	)	PUNCT
cjel-11734	399	8	,	,	PUNCT
cjel-11734	399	9	https://www.gsb.stanford.edu/insights/esg-generation-gap-millennials-boomers-split-theirinvesting-goals	https://www.gsb.stanford.edu/insights/esg-generation-gap-millennials-boomers-split-theirinvesting-goal	NOUN
cjel-11734	399	10	[	[	X
cjel-11734	399	11	https://perma.cc/l25b-cdmy	https://perma.cc/l25b-cdmy	PROPN
cjel-11734	399	12	]	]	X
cjel-11734	399	13	.	.	PUNCT
cjel-11734	400	1	108	108	NUM
cjel-11734	400	2	.	.	PUNCT
cjel-11734	401	1	barzuza	barzuza	PROPN
cjel-11734	401	2	et	et	PROPN
cjel-11734	401	3	al	al	PROPN
cjel-11734	401	4	.	.	PROPN
cjel-11734	401	5	,	,	PUNCT
cjel-11734	401	6	supra	supra	PROPN
cjel-11734	401	7	note	note	PROPN
cjel-11734	401	8	104	104	NUM
cjel-11734	401	9	,	,	PUNCT
cjel-11734	401	10	at	at	ADP
cjel-11734	401	11	1285	1285	NUM
cjel-11734	401	12	.	.	PUNCT
cjel-11734	402	1	434	434	NUM
cjel-11734	402	2	columbia	columbia	PROPN
cjel-11734	402	3	journal	journal	PROPN
cjel-11734	402	4	of	of	ADP
cjel-11734	402	5	environmental	environmental	ADJ
cjel-11734	402	6	law	law	NOUN
cjel-11734	403	1	[	[	X
cjel-11734	403	2	vol.48:2	vol.48:2	VERB
cjel-11734	403	3	part	part	NOUN
cjel-11734	403	4	of	of	ADP
cjel-11734	403	5	investors	investor	NOUN
cjel-11734	403	6	’	'	PUNCT
cjel-11734	403	7	willingness	willingness	NOUN
cjel-11734	403	8	to	to	PART
cjel-11734	403	9	sacrifice	sacrifice	VERB
cjel-11734	403	10	yield	yield	NOUN
cjel-11734	403	11	for	for	ADP
cjel-11734	403	12	positive	positive	ADJ
cjel-11734	403	13	esg	esg	NOUN
cjel-11734	403	14	outcomes	outcome	NOUN
cjel-11734	403	15	is	be	AUX
cjel-11734	403	16	likely	likely	ADV
cjel-11734	403	17	driven	drive	VERB
cjel-11734	403	18	by	by	ADP
cjel-11734	403	19	“	"	PUNCT
cjel-11734	403	20	emotional	emotional	ADJ
cjel-11734	403	21	drivers;”109	drivers;”109	ADJ
cjel-11734	403	22	in	in	ADP
cjel-11734	403	23	other	other	ADJ
cjel-11734	403	24	words	word	NOUN
cjel-11734	403	25	,	,	PUNCT
cjel-11734	403	26	the	the	DET
cjel-11734	403	27	belief	belief	NOUN
cjel-11734	403	28	that	that	SCONJ
cjel-11734	403	29	sustainable	sustainable	ADJ
cjel-11734	403	30	investment	investment	NOUN
cjel-11734	403	31	opportunities	opportunity	NOUN
cjel-11734	403	32	can	can	AUX
cjel-11734	403	33	move	move	VERB
cjel-11734	403	34	the	the	DET
cjel-11734	403	35	needle	needle	NOUN
cjel-11734	403	36	on	on	ADP
cjel-11734	403	37	esg	esg	PROPN
cjel-11734	403	38	issues	issue	NOUN
cjel-11734	403	39	.	.	PUNCT
cjel-11734	404	1	for	for	ADP
cjel-11734	404	2	instance	instance	NOUN
cjel-11734	404	3	,	,	PUNCT
cjel-11734	404	4	85	85	NUM
cjel-11734	404	5	%	%	NOUN
cjel-11734	404	6	percent	percent	NOUN
cjel-11734	404	7	of	of	ADP
cjel-11734	404	8	millennials	millennial	NOUN
cjel-11734	404	9	believe	believe	VERB
cjel-11734	404	10	their	their	PRON
cjel-11734	404	11	investment	investment	NOUN
cjel-11734	404	12	decisions	decision	NOUN
cjel-11734	404	13	could	could	AUX
cjel-11734	404	14	influence	influence	VERB
cjel-11734	404	15	climate	climate	NOUN
cjel-11734	404	16	change	change	NOUN
cjel-11734	404	17	,	,	PUNCT
cjel-11734	404	18	and	and	CCONJ
cjel-11734	404	19	44	44	NUM
cjel-11734	404	20	%	%	NOUN
cjel-11734	404	21	believe	believe	VERB
cjel-11734	404	22	this	this	DET
cjel-11734	404	23	strongly.110	strongly.110	NOUN
cjel-11734	404	24	the	the	DET
cjel-11734	404	25	combination	combination	NOUN
cjel-11734	404	26	of	of	ADP
cjel-11734	404	27	investing	invest	VERB
cjel-11734	404	28	for	for	ADP
cjel-11734	404	29	both	both	CCONJ
cjel-11734	404	30	financial	financial	ADJ
cjel-11734	404	31	and	and	CCONJ
cjel-11734	404	32	non	non	ADJ
cjel-11734	404	33	-	-	ADJ
cjel-11734	404	34	financial	financial	ADJ
cjel-11734	404	35	reasons	reason	NOUN
cjel-11734	404	36	—	—	PUNCT
cjel-11734	404	37	i.e.	i.e.	X
cjel-11734	404	38	,	,	PUNCT
cjel-11734	404	39	for	for	ADP
cjel-11734	404	40	profit	profit	NOUN
cjel-11734	404	41	and	and	CCONJ
cjel-11734	404	42	for	for	ADP
cjel-11734	404	43	impact	impact	NOUN
cjel-11734	404	44	—	—	PUNCT
cjel-11734	404	45	demonstrates	demonstrate	VERB
cjel-11734	404	46	the	the	DET
cjel-11734	404	47	unique	unique	ADJ
cjel-11734	404	48	nature	nature	NOUN
cjel-11734	404	49	of	of	ADP
cjel-11734	404	50	esg	esg	PROPN
cjel-11734	404	51	investments	investment	NOUN
cjel-11734	404	52	and	and	CCONJ
cjel-11734	404	53	why	why	SCONJ
cjel-11734	404	54	regulations	regulation	NOUN
cjel-11734	404	55	need	need	VERB
cjel-11734	404	56	to	to	PART
cjel-11734	404	57	acknowledge	acknowledge	VERB
cjel-11734	404	58	their	their	PRON
cjel-11734	404	59	fundamental	fundamental	ADJ
cjel-11734	404	60	difference	difference	NOUN
cjel-11734	404	61	from	from	ADP
cjel-11734	404	62	other	other	ADJ
cjel-11734	404	63	types	type	NOUN
cjel-11734	404	64	of	of	ADP
cjel-11734	404	65	investments.111	investments.111	NUM
cjel-11734	404	66	the	the	DET
cjel-11734	404	67	rapidly	rapidly	ADV
cjel-11734	404	68	increasing	increase	VERB
cjel-11734	404	69	popularity	popularity	NOUN
cjel-11734	404	70	of	of	ADP
cjel-11734	404	71	esg	esg	NOUN
cjel-11734	404	72	funds	fund	NOUN
cjel-11734	404	73	and	and	CCONJ
cjel-11734	404	74	millennials	millennial	NOUN
cjel-11734	404	75	’	'	PUNCT
cjel-11734	404	76	voracious	voracious	ADJ
cjel-11734	404	77	appetite	appetite	NOUN
cjel-11734	404	78	for	for	ADP
cjel-11734	404	79	esg	esg	PROPN
cjel-11734	404	80	products	product	NOUN
cjel-11734	404	81	make	make	VERB
cjel-11734	404	82	it	it	PRON
cjel-11734	404	83	a	a	DET
cjel-11734	404	84	lucrative	lucrative	ADJ
cjel-11734	404	85	offering	offering	NOUN
cjel-11734	404	86	for	for	ADP
cjel-11734	404	87	asset	asset	NOUN
cjel-11734	404	88	managers.112	managers.112	NOUN
cjel-11734	404	89	this	this	PRON
cjel-11734	404	90	is	be	AUX
cjel-11734	404	91	especially	especially	ADV
cjel-11734	404	92	true	true	ADJ
cjel-11734	404	93	because	because	SCONJ
cjel-11734	404	94	while	while	SCONJ
cjel-11734	404	95	the	the	DET
cjel-11734	404	96	broader	broad	ADJ
cjel-11734	404	97	asset	asset	NOUN
cjel-11734	404	98	management	management	NOUN
cjel-11734	404	99	industry	industry	NOUN
cjel-11734	404	100	has	have	AUX
cjel-11734	404	101	seen	see	VERB
cjel-11734	404	102	revenues	revenue	NOUN
cjel-11734	404	103	as	as	ADP
cjel-11734	404	104	a	a	DET
cjel-11734	404	105	percentage	percentage	NOUN
cjel-11734	404	106	of	of	ADP
cjel-11734	404	107	total	total	ADJ
cjel-11734	404	108	assets	asset	NOUN
cjel-11734	404	109	under	under	ADP
cjel-11734	404	110	management	management	NOUN
cjel-11734	404	111	fall	fall	NOUN
cjel-11734	404	112	,	,	PUNCT
cjel-11734	404	113	“	"	PUNCT
cjel-11734	404	114	esg	esg	NOUN
cjel-11734	404	115	funds	fund	NOUN
cjel-11734	404	116	typically	typically	ADV
cjel-11734	404	117	charge	charge	VERB
cjel-11734	404	118	fees	fee	NOUN
cjel-11734	404	119	40	40	NUM
cjel-11734	404	120	percent	percent	NOUN
cjel-11734	404	121	higher113	higher113	ADJ
cjel-11734	404	122	than	than	ADP
cjel-11734	404	123	traditional	traditional	ADJ
cjel-11734	404	124	funds	fund	NOUN
cjel-11734	404	125	,	,	PUNCT
cjel-11734	404	126	making	make	VERB
cjel-11734	404	127	them	they	PRON
cjel-11734	404	128	a	a	DET
cjel-11734	404	129	timely	timely	ADJ
cjel-11734	404	130	answer	answer	NOUN
cjel-11734	404	131	to	to	ADP
cjel-11734	404	132	asset	asset	NOUN
cjel-11734	404	133	management	management	NOUN
cjel-11734	404	134	margin	margin	NOUN
cjel-11734	404	135	compression	compression	NOUN
cjel-11734	404	136	.	.	PUNCT
cjel-11734	405	1	”114	”114	PROPN
cjel-11734	406	1	as	as	SCONJ
cjel-11734	406	2	sec	sec	PROPN
cjel-11734	406	3	commissioner	commissioner	NOUN
cjel-11734	406	4	mark	mark	PROPN
cjel-11734	406	5	uyeda	uyeda	PROPN
cjel-11734	406	6	put	put	VERB
cjel-11734	406	7	it	it	PRON
cjel-11734	406	8	:	:	PUNCT
cjel-11734	406	9	“	"	PUNCT
cjel-11734	406	10	touting	tout	VERB
cjel-11734	406	11	a	a	DET
cjel-11734	406	12	product	product	NOUN
cjel-11734	406	13	as	as	ADP
cjel-11734	406	14	being	be	AUX
cjel-11734	406	15	‘	'	PUNCT
cjel-11734	406	16	esg	esg	NOUN
cjel-11734	406	17	’	'	PUNCT
cjel-11734	406	18	is	be	AUX
cjel-11734	406	19	good	good	ADJ
cjel-11734	406	20	for	for	ADP
cjel-11734	406	21	business	business	NOUN
cjel-11734	406	22	.	.	PUNCT
cjel-11734	406	23	”115	”115	PROPN
cjel-11734	406	24	109	109	NUM
cjel-11734	406	25	.	.	PUNCT
cjel-11734	407	1	sally	sally	PROPN
cjel-11734	407	2	hickey	hickey	PROPN
cjel-11734	407	3	,	,	PUNCT
cjel-11734	407	4	advisers	adviser	NOUN
cjel-11734	407	5	need	need	VERB
cjel-11734	407	6	to	to	PART
cjel-11734	407	7	tap	tap	VERB
cjel-11734	407	8	into	into	ADP
cjel-11734	407	9	esg	esg	PROPN
cjel-11734	407	10	emotional	emotional	ADJ
cjel-11734	407	11	drivers	driver	NOUN
cjel-11734	407	12	,	,	PUNCT
cjel-11734	407	13	says	say	VERB
cjel-11734	407	14	aviva	aviva	PROPN
cjel-11734	407	15	,	,	PUNCT
cjel-11734	407	16	fin	fin	PROPN
cjel-11734	407	17	.	.	PUNCT
cjel-11734	408	1	times	times	PROPN
cjel-11734	408	2	(	(	PUNCT
cjel-11734	408	3	may	may	PROPN
cjel-11734	408	4	24	24	NUM
cjel-11734	408	5	,	,	PUNCT
cjel-11734	408	6	2021	2021	NUM
cjel-11734	408	7	)	)	PUNCT
cjel-11734	408	8	,	,	PUNCT
cjel-11734	408	9	https://www.ftadviser.com/investments/2021/05/24/advisers-need-to-tapinto-esg-emotional-drivers-says-aviva/	https://www.ftadviser.com/investments/2021/05/24/advisers-need-to-tapinto-esg-emotional-drivers-says-aviva/	VERB
cjel-11734	409	1	[	[	X
cjel-11734	409	2	https://perma.cc/4u2j-6ex5	https://perma.cc/4u2j-6ex5	X
cjel-11734	409	3	]	]	X
cjel-11734	409	4	.	.	PUNCT
cjel-11734	410	1	110	110	NUM
cjel-11734	410	2	.	.	PUNCT
cjel-11734	411	1	additionally	additionally	ADV
cjel-11734	411	2	,	,	PUNCT
cjel-11734	411	3	on	on	ADP
cjel-11734	411	4	the	the	DET
cjel-11734	411	5	“	"	PUNCT
cjel-11734	411	6	s	s	NOUN
cjel-11734	411	7	”	"	PUNCT
cjel-11734	411	8	front	front	NOUN
cjel-11734	411	9	,	,	PUNCT
cjel-11734	411	10	80	80	NUM
cjel-11734	411	11	%	%	NOUN
cjel-11734	411	12	of	of	ADP
cjel-11734	411	13	respondents	respondent	NOUN
cjel-11734	411	14	believed	believe	VERB
cjel-11734	411	15	it	it	PRON
cjel-11734	411	16	was	be	AUX
cjel-11734	411	17	possible	possible	ADJ
cjel-11734	411	18	for	for	SCONJ
cjel-11734	411	19	their	their	PRON
cjel-11734	411	20	investments	investment	NOUN
cjel-11734	411	21	to	to	PART
cjel-11734	411	22	create	create	VERB
cjel-11734	411	23	economic	economic	ADJ
cjel-11734	411	24	growth	growth	NOUN
cjel-11734	411	25	to	to	PART
cjel-11734	411	26	lift	lift	VERB
cjel-11734	411	27	people	people	NOUN
cjel-11734	411	28	out	out	ADP
cjel-11734	411	29	of	of	ADP
cjel-11734	411	30	poverty	poverty	NOUN
cjel-11734	411	31	.	.	PUNCT
cjel-11734	412	1	morgan	morgan	PROPN
cjel-11734	412	2	stanley	stanley	PROPN
cjel-11734	412	3	inst	inst	PROPN
cjel-11734	412	4	.	.	PUNCT
cjel-11734	413	1	for	for	ADP
cjel-11734	413	2	sustainable	sustainable	ADJ
cjel-11734	413	3	inv	inv	NOUN
cjel-11734	413	4	.	.	PUNCT
cjel-11734	413	5	,	,	PUNCT
cjel-11734	413	6	supra	supra	PROPN
cjel-11734	413	7	note	note	PROPN
cjel-11734	413	8	96	96	NUM
cjel-11734	413	9	;	;	PUNCT
cjel-11734	413	10	see	see	VERB
cjel-11734	413	11	also	also	ADV
cjel-11734	413	12	ryan	ryan	PROPN
cjel-11734	413	13	clements	clements	PROPN
cjel-11734	413	14	,	,	PUNCT
cjel-11734	413	15	why	why	SCONJ
cjel-11734	413	16	comparability	comparability	NOUN
cjel-11734	413	17	is	be	AUX
cjel-11734	413	18	a	a	DET
cjel-11734	413	19	greater	great	ADJ
cjel-11734	413	20	problem	problem	NOUN
cjel-11734	413	21	than	than	ADP
cjel-11734	413	22	greenwashing	greenwashe	VERB
cjel-11734	413	23	in	in	ADP
cjel-11734	413	24	esg	esg	PROPN
cjel-11734	413	25	etfs	etfs	PROPN
cjel-11734	413	26	,	,	PUNCT
cjel-11734	413	27	13	13	NUM
cjel-11734	413	28	wm	wm	PROPN
cjel-11734	413	29	.	.	PROPN
cjel-11734	413	30	&	&	CCONJ
cjel-11734	413	31	mary	mary	PROPN
cjel-11734	413	32	bus	bus	PROPN
cjel-11734	413	33	.	.	PUNCT
cjel-11734	414	1	l.	l.	PROPN
cjel-11734	414	2	rev	rev	PROPN
cjel-11734	414	3	.	.	PROPN
cjel-11734	414	4	441	441	NUM
cjel-11734	414	5	,	,	PUNCT
cjel-11734	414	6	448	448	NUM
cjel-11734	414	7	(	(	PUNCT
cjel-11734	414	8	2022	2022	NUM
cjel-11734	414	9	)	)	PUNCT
cjel-11734	414	10	(	(	PUNCT
cjel-11734	414	11	arguing	argue	VERB
cjel-11734	414	12	that	that	SCONJ
cjel-11734	414	13	esg	esg	PROPN
cjel-11734	414	14	etfs	etfs	PROPN
cjel-11734	414	15	have	have	AUX
cjel-11734	414	16	become	become	VERB
cjel-11734	414	17	an	an	DET
cjel-11734	414	18	increasingly	increasingly	ADV
cjel-11734	414	19	popular	popular	ADJ
cjel-11734	414	20	product	product	NOUN
cjel-11734	414	21	fueled	fuel	VERB
cjel-11734	414	22	by	by	ADP
cjel-11734	414	23	investor	investor	NOUN
cjel-11734	414	24	desire	desire	NOUN
cjel-11734	414	25	for	for	ADP
cjel-11734	414	26	meaningful	meaningful	ADJ
cjel-11734	414	27	social	social	ADJ
cjel-11734	414	28	change	change	NOUN
cjel-11734	414	29	and	and	CCONJ
cjel-11734	414	30	a	a	DET
cjel-11734	414	31	belief	belief	NOUN
cjel-11734	414	32	that	that	SCONJ
cjel-11734	414	33	investments	investment	NOUN
cjel-11734	414	34	can	can	AUX
cjel-11734	414	35	have	have	AUX
cjel-11734	414	36	a	a	DET
cjel-11734	414	37	significant	significant	ADJ
cjel-11734	414	38	impact	impact	NOUN
cjel-11734	414	39	on	on	ADP
cjel-11734	414	40	a	a	DET
cjel-11734	414	41	corporation	corporation	NOUN
cjel-11734	414	42	’s	’s	PART
cjel-11734	414	43	decision	decision	NOUN
cjel-11734	414	44	-	-	PUNCT
cjel-11734	414	45	making	making	NOUN
cjel-11734	414	46	)	)	PUNCT
cjel-11734	414	47	.	.	PUNCT
cjel-11734	415	1	111	111	NUM
cjel-11734	415	2	.	.	PUNCT
cjel-11734	416	1	see	see	VERB
cjel-11734	416	2	eric	eric	PROPN
cjel-11734	416	3	c.	c.	PROPN
cjel-11734	416	4	chaffee	chaffee	PROPN
cjel-11734	416	5	,	,	PUNCT
cjel-11734	416	6	index	index	NOUN
cjel-11734	416	7	funds	fund	NOUN
cjel-11734	416	8	and	and	CCONJ
cjel-11734	416	9	esg	esg	PROPN
cjel-11734	416	10	hypocrisy	hypocrisy	NOUN
cjel-11734	416	11	,	,	PUNCT
cjel-11734	416	12	75	75	NUM
cjel-11734	416	13	case	case	NOUN
cjel-11734	416	14	w.	w.	NOUN
cjel-11734	416	15	res	res	PROPN
cjel-11734	416	16	.	.	PUNCT
cjel-11734	417	1	l.	l.	PROPN
cjel-11734	417	2	rev	rev	PROPN
cjel-11734	417	3	.	.	PROPN
cjel-11734	417	4	1295	1295	NUM
cjel-11734	417	5	,	,	PUNCT
cjel-11734	417	6	1304	1304	NUM
cjel-11734	417	7	(	(	PUNCT
cjel-11734	417	8	2021	2021	NUM
cjel-11734	417	9	)	)	PUNCT
cjel-11734	417	10	(	(	PUNCT
cjel-11734	417	11	noting	note	VERB
cjel-11734	417	12	the	the	DET
cjel-11734	417	13	goal	goal	NOUN
cjel-11734	417	14	of	of	ADP
cjel-11734	417	15	esg	esg	PROPN
cjel-11734	417	16	investing	investing	NOUN
cjel-11734	417	17	is	be	AUX
cjel-11734	417	18	“	"	PUNCT
cjel-11734	417	19	dramatically	dramatically	ADV
cjel-11734	417	20	different	different	ADJ
cjel-11734	417	21	”	"	PUNCT
cjel-11734	417	22	than	than	ADP
cjel-11734	417	23	traditional	traditional	ADJ
cjel-11734	417	24	index	index	NOUN
cjel-11734	417	25	funds	fund	NOUN
cjel-11734	417	26	because	because	SCONJ
cjel-11734	417	27	the	the	DET
cjel-11734	417	28	former	former	NOUN
cjel-11734	417	29	is	be	AUX
cjel-11734	417	30	a	a	DET
cjel-11734	417	31	form	form	NOUN
cjel-11734	417	32	of	of	ADP
cjel-11734	417	33	principle	principle	NOUN
cjel-11734	417	34	-	-	PUNCT
cjel-11734	417	35	based	base	VERB
cjel-11734	417	36	investing	investing	NOUN
cjel-11734	417	37	,	,	PUNCT
cjel-11734	417	38	whereas	whereas	SCONJ
cjel-11734	417	39	the	the	DET
cjel-11734	417	40	latter	latter	NOUN
cjel-11734	417	41	is	be	AUX
cjel-11734	417	42	profit	profit	NOUN
cjel-11734	417	43	-	-	PUNCT
cjel-11734	417	44	based	base	VERB
cjel-11734	417	45	)	)	PUNCT
cjel-11734	417	46	.	.	PUNCT
cjel-11734	418	1	112	112	NUM
cjel-11734	418	2	.	.	PUNCT
cjel-11734	419	1	some	some	PRON
cjel-11734	419	2	even	even	ADV
cjel-11734	419	3	argue	argue	VERB
cjel-11734	419	4	that	that	SCONJ
cjel-11734	419	5	the	the	DET
cjel-11734	419	6	opportunity	opportunity	NOUN
cjel-11734	419	7	to	to	PART
cjel-11734	419	8	attract	attract	VERB
cjel-11734	419	9	millennial	millennial	ADJ
cjel-11734	419	10	money	money	NOUN
cjel-11734	419	11	over	over	ADP
cjel-11734	419	12	the	the	DET
cjel-11734	419	13	next	next	ADJ
cjel-11734	419	14	few	few	ADJ
cjel-11734	419	15	decades	decade	NOUN
cjel-11734	419	16	is	be	AUX
cjel-11734	419	17	the	the	DET
cjel-11734	419	18	key	key	ADJ
cjel-11734	419	19	driver	driver	NOUN
cjel-11734	419	20	of	of	ADP
cjel-11734	419	21	large	large	ADJ
cjel-11734	419	22	asset	asset	NOUN
cjel-11734	419	23	managers	manager	NOUN
cjel-11734	419	24	becoming	become	VERB
cjel-11734	419	25	more	more	ADV
cjel-11734	419	26	active	active	ADJ
cjel-11734	419	27	esg	esg	NOUN
cjel-11734	419	28	players	player	NOUN
cjel-11734	419	29	.	.	PUNCT
cjel-11734	420	1	barzuza	barzuza	PROPN
cjel-11734	420	2	et	et	PROPN
cjel-11734	420	3	al	al	PROPN
cjel-11734	420	4	.	.	PROPN
cjel-11734	420	5	,	,	PUNCT
cjel-11734	420	6	supra	supra	PROPN
cjel-11734	420	7	note	note	PROPN
cjel-11734	420	8	104	104	NUM
cjel-11734	420	9	,	,	PUNCT
cjel-11734	420	10	at	at	ADP
cjel-11734	420	11	1250	1250	NUM
cjel-11734	420	12	.	.	PUNCT
cjel-11734	421	1	113	113	NUM
cjel-11734	421	2	.	.	PUNCT
cjel-11734	422	1	management	management	NOUN
cjel-11734	422	2	fees	fee	NOUN
cjel-11734	422	3	are	be	AUX
cjel-11734	422	4	those	those	PRON
cjel-11734	422	5	“	"	PUNCT
cjel-11734	422	6	paid	pay	VERB
cjel-11734	422	7	out	out	ADP
cjel-11734	422	8	of	of	ADP
cjel-11734	422	9	fund	fund	NOUN
cjel-11734	422	10	assets	asset	NOUN
cjel-11734	422	11	to	to	ADP
cjel-11734	422	12	the	the	DET
cjel-11734	422	13	fund	fund	NOUN
cjel-11734	422	14	’s	’s	PART
cjel-11734	422	15	investment	investment	NOUN
cjel-11734	422	16	adviser	adviser	NOUN
cjel-11734	422	17	for	for	ADP
cjel-11734	422	18	investment	investment	NOUN
cjel-11734	422	19	portfolio	portfolio	NOUN
cjel-11734	422	20	management	management	NOUN
cjel-11734	422	21	.	.	PUNCT
cjel-11734	422	22	”	"	PUNCT
cjel-11734	423	1	management	management	NOUN
cjel-11734	423	2	fee	fee	NOUN
cjel-11734	423	3	,	,	PUNCT
cjel-11734	423	4	sec	sec	PROPN
cjel-11734	423	5	,	,	PUNCT
cjel-11734	423	6	https://www.investor.gov/introduction-investing/investing-basics/glossary/management-fee	https://www.investor.gov/introduction-investing/investing-basics/glossary/management-fee	X
cjel-11734	424	1	[	[	X
cjel-11734	424	2	https://perma.cc/63gr-3nkv	https://perma.cc/63gr-3nkv	X
cjel-11734	424	3	]	]	X
cjel-11734	424	4	(	(	PUNCT
cjel-11734	424	5	last	last	ADV
cjel-11734	424	6	visited	visit	VERB
cjel-11734	424	7	mar	mar	PROPN
cjel-11734	424	8	.	.	PROPN
cjel-11734	424	9	25	25	NUM
cjel-11734	424	10	,	,	PUNCT
cjel-11734	424	11	2023	2023	NUM
cjel-11734	424	12	)	)	PUNCT
cjel-11734	424	13	.	.	PUNCT
cjel-11734	425	1	the	the	DET
cjel-11734	425	2	expense	expense	NOUN
cjel-11734	425	3	ratio	ratio	NOUN
cjel-11734	425	4	is	be	AUX
cjel-11734	425	5	“	"	PUNCT
cjel-11734	425	6	[	[	X
cjel-11734	425	7	t]he	t]he	X
cjel-11734	425	8	fund	fund	NOUN
cjel-11734	425	9	’s	’s	PART
cjel-11734	425	10	total	total	ADJ
cjel-11734	425	11	annual	annual	ADJ
cjel-11734	425	12	operating	operating	NOUN
cjel-11734	425	13	expenses	expense	NOUN
cjel-11734	425	14	,	,	PUNCT
cjel-11734	425	15	including	include	VERB
cjel-11734	425	16	management	management	NOUN
cjel-11734	425	17	fees	fee	NOUN
cjel-11734	425	18	,	,	PUNCT
cjel-11734	425	19	distribution	distribution	NOUN
cjel-11734	425	20	fees	fee	NOUN
cjel-11734	425	21	,	,	PUNCT
cjel-11734	425	22	and	and	CCONJ
cjel-11734	425	23	other	other	ADJ
cjel-11734	425	24	expenses	expense	NOUN
cjel-11734	425	25	,	,	PUNCT
cjel-11734	425	26	expressed	express	VERB
cjel-11734	425	27	as	as	ADP
cjel-11734	425	28	a	a	DET
cjel-11734	425	29	percentage	percentage	NOUN
cjel-11734	425	30	of	of	ADP
cjel-11734	425	31	average	average	ADJ
cjel-11734	425	32	net	net	ADJ
cjel-11734	425	33	assets	asset	NOUN
cjel-11734	425	34	.	.	PUNCT
cjel-11734	425	35	”	"	PUNCT
cjel-11734	426	1	exchange	exchange	NOUN
cjel-11734	426	2	ratio	ratio	NOUN
cjel-11734	426	3	,	,	PUNCT
cjel-11734	426	4	sec	sec	PROPN
cjel-11734	426	5	,	,	PUNCT
cjel-11734	426	6	https://www.investor.gov/introduction-investing/investing-basics/glossary/expense-ratio	https://www.investor.gov/introduction-investing/investing-basics/glossary/expense-ratio	X
cjel-11734	427	1	[	[	X
cjel-11734	427	2	https://perma.cc/c64g-z5k6	https://perma.cc/c64g-z5k6	X
cjel-11734	427	3	]	]	X
cjel-11734	427	4	(	(	PUNCT
cjel-11734	427	5	last	last	ADV
cjel-11734	427	6	visited	visit	VERB
cjel-11734	427	7	mar	mar	PROPN
cjel-11734	427	8	.	.	PROPN
cjel-11734	427	9	25	25	NUM
cjel-11734	427	10	,	,	PUNCT
cjel-11734	427	11	2023	2023	NUM
cjel-11734	427	12	)	)	PUNCT
cjel-11734	427	13	.	.	PUNCT
cjel-11734	428	1	114	114	NUM
cjel-11734	428	2	.	.	PUNCT
cjel-11734	428	3	kenneth	kenneth	PROPN
cjel-11734	428	4	p.	p.	PROPN
cjel-11734	428	5	pucker	pucker	PROPN
cjel-11734	428	6	&	&	CCONJ
cjel-11734	428	7	andrew	andrew	PROPN
cjel-11734	428	8	king	king	PROPN
cjel-11734	428	9	,	,	PUNCT
cjel-11734	428	10	esg	esg	PROPN
cjel-11734	428	11	investing	investing	NOUN
cjel-11734	428	12	is	be	AUX
cjel-11734	428	13	n’t	not	PART
cjel-11734	428	14	designed	design	VERB
cjel-11734	428	15	to	to	PART
cjel-11734	428	16	save	save	VERB
cjel-11734	428	17	the	the	DET
cjel-11734	428	18	planet	planet	NOUN
cjel-11734	428	19	,	,	PUNCT
cjel-11734	428	20	harv	harv	NOUN
cjel-11734	428	21	.	.	PUNCT
cjel-11734	429	1	bus	bus	NOUN
cjel-11734	429	2	.	.	PUNCT
cjel-11734	430	1	rev	rev	PROPN
cjel-11734	430	2	.	.	PROPN
cjel-11734	431	1	online	online	PROPN
cjel-11734	431	2	(	(	PUNCT
cjel-11734	431	3	aug	aug	PROPN
cjel-11734	431	4	.	.	PROPN
cjel-11734	431	5	1	1	NUM
cjel-11734	431	6	,	,	PUNCT
cjel-11734	431	7	2022	2022	NUM
cjel-11734	431	8	)	)	PUNCT
cjel-11734	431	9	,	,	PUNCT
cjel-11734	431	10	https://hbr.org/2022/08/esg-investing-isnt-designed-to-savethe-planet	https://hbr.org/2022/08/esg-investing-isnt-designed-to-savethe-planet	NOUN
cjel-11734	432	1	[	[	X
cjel-11734	432	2	https://perma.cc/g9su-86xs	https://perma.cc/g9su-86xs	X
cjel-11734	432	3	]	]	X
cjel-11734	432	4	.	.	PUNCT
cjel-11734	433	1	115	115	NUM
cjel-11734	433	2	.	.	PUNCT
cjel-11734	434	1	mark	mark	PROPN
cjel-11734	434	2	t.	t.	PROPN
cjel-11734	434	3	uyeda	uyeda	PROPN
cjel-11734	434	4	,	,	PUNCT
cjel-11734	434	5	comm’r	comm’r	NOUN
cjel-11734	434	6	,	,	PUNCT
cjel-11734	434	7	sec	sec	PROPN
cjel-11734	434	8	,	,	PUNCT
cjel-11734	434	9	remarks	remark	NOUN
cjel-11734	434	10	at	at	ADP
cjel-11734	434	11	the	the	DET
cjel-11734	434	12	california	california	PROPN
cjel-11734	434	13	‘	'	PUNCT
cjel-11734	434	14	40	40	NUM
cjel-11734	434	15	acts	act	NOUN
cjel-11734	434	16	group	group	NOUN
cjel-11734	434	17	(	(	PUNCT
cjel-11734	434	18	jan	jan	PROPN
cjel-11734	434	19	.	.	PROPN
cjel-11734	434	20	27	27	NUM
cjel-11734	434	21	,	,	PUNCT
cjel-11734	434	22	2023	2023	NUM
cjel-11734	434	23	)	)	PUNCT
cjel-11734	434	24	.	.	PUNCT
cjel-11734	435	1	2023	2023	NUM
cjel-11734	435	2	]	]	PUNCT
cjel-11734	435	3	green	green	ADJ
cjel-11734	435	4	funds	fund	NOUN
cjel-11734	435	5	in	in	ADP
cjel-11734	435	6	a	a	DET
cjel-11734	435	7	gray	gray	ADJ
cjel-11734	435	8	area	area	NOUN
cjel-11734	435	9	435	435	NUM
cjel-11734	435	10	the	the	DET
cjel-11734	435	11	reason	reason	NOUN
cjel-11734	435	12	millennials	millennial	NOUN
cjel-11734	435	13	’	'	PUNCT
cjel-11734	435	14	interest	interest	NOUN
cjel-11734	435	15	in	in	ADP
cjel-11734	435	16	esg	esg	PROPN
cjel-11734	435	17	investing	investing	NOUN
cjel-11734	435	18	is	be	AUX
cjel-11734	435	19	particularly	particularly	ADV
cjel-11734	435	20	important	important	ADJ
cjel-11734	435	21	is	be	AUX
cjel-11734	435	22	because	because	SCONJ
cjel-11734	435	23	the	the	DET
cjel-11734	435	24	generation	generation	NOUN
cjel-11734	435	25	is	be	AUX
cjel-11734	435	26	expected	expect	VERB
cjel-11734	435	27	to	to	PART
cjel-11734	435	28	inherit	inherit	VERB
cjel-11734	435	29	trillions116	trillions116	PROPN
cjel-11734	435	30	over	over	ADP
cjel-11734	435	31	the	the	DET
cjel-11734	435	32	next	next	ADJ
cjel-11734	435	33	few	few	ADJ
cjel-11734	435	34	decades	decade	NOUN
cjel-11734	435	35	in	in	ADP
cjel-11734	435	36	what	what	PRON
cjel-11734	435	37	some	some	PRON
cjel-11734	435	38	are	be	AUX
cjel-11734	435	39	calling	call	VERB
cjel-11734	435	40	the	the	DET
cjel-11734	435	41	“	"	PUNCT
cjel-11734	435	42	largest	large	ADJ
cjel-11734	435	43	transfer	transfer	NOUN
cjel-11734	435	44	of	of	ADP
cjel-11734	435	45	wealth	wealth	NOUN
cjel-11734	435	46	in	in	ADP
cjel-11734	435	47	history	history	NOUN
cjel-11734	435	48	.	.	PUNCT
cjel-11734	435	49	”117	”117	VERB
cjel-11734	435	50	because	because	SCONJ
cjel-11734	435	51	firms	firm	NOUN
cjel-11734	435	52	typically	typically	ADV
cjel-11734	435	53	lose	lose	VERB
cjel-11734	435	54	70	70	NUM
cjel-11734	435	55	%	%	NOUN
cjel-11734	435	56	to	to	PART
cjel-11734	435	57	80	80	NUM
cjel-11734	435	58	%	%	NOUN
cjel-11734	435	59	of	of	ADP
cjel-11734	435	60	assets	asset	NOUN
cjel-11734	435	61	when	when	SCONJ
cjel-11734	435	62	transferred	transfer	VERB
cjel-11734	435	63	between	between	ADP
cjel-11734	435	64	generations,118	generations,118	PROPN
cjel-11734	435	65	the	the	DET
cjel-11734	435	66	“	"	PUNCT
cjel-11734	435	67	asset	asset	NOUN
cjel-11734	435	68	managers	manager	NOUN
cjel-11734	435	69	who	who	PRON
cjel-11734	435	70	supply	supply	VERB
cjel-11734	435	71	millennials	millennial	NOUN
cjel-11734	436	1	[	[	X
cjel-11734	436	2	with	with	ADP
cjel-11734	436	3	]	]	PUNCT
cjel-11734	436	4	esg	esg	NOUN
cjel-11734	436	5	investment	investment	NOUN
cjel-11734	436	6	options	option	NOUN
cjel-11734	436	7	will	will	AUX
cjel-11734	436	8	be	be	AUX
cjel-11734	436	9	strongly	strongly	ADV
cjel-11734	436	10	positioned	positioned	ADJ
cjel-11734	436	11	to	to	PART
cjel-11734	436	12	attract	attract	VERB
cjel-11734	436	13	new	new	ADJ
cjel-11734	436	14	assets	asset	NOUN
cjel-11734	436	15	to	to	ADP
cjel-11734	436	16	the	the	DET
cjel-11734	436	17	firm	firm	NOUN
cjel-11734	436	18	as	as	ADV
cjel-11734	436	19	well	well	ADV
cjel-11734	436	20	as	as	ADP
cjel-11734	436	21	retain	retain	VERB
cjel-11734	436	22	beneficiary	beneficiary	ADJ
cjel-11734	436	23	millennial	millennial	ADJ
cjel-11734	436	24	clients,”119	clients,”119	NOUN
cjel-11734	436	25	providing	provide	VERB
cjel-11734	436	26	asset	asset	NOUN
cjel-11734	436	27	managers	manager	NOUN
cjel-11734	436	28	with	with	ADP
cjel-11734	436	29	tremendous	tremendous	ADJ
cjel-11734	436	30	incentive	incentive	NOUN
cjel-11734	436	31	to	to	PART
cjel-11734	436	32	offer	offer	VERB
cjel-11734	436	33	esg	esg	PROPN
cjel-11734	436	34	-	-	PUNCT
cjel-11734	436	35	labeled	label	VERB
cjel-11734	436	36	funds	fund	NOUN
cjel-11734	436	37	.	.	PUNCT
cjel-11734	437	1	while	while	SCONJ
cjel-11734	437	2	interest	interest	NOUN
cjel-11734	437	3	in	in	ADP
cjel-11734	437	4	esg	esg	PROPN
cjel-11734	437	5	investing	investing	NOUN
cjel-11734	437	6	is	be	AUX
cjel-11734	437	7	strong	strong	ADJ
cjel-11734	437	8	,	,	PUNCT
cjel-11734	437	9	and	and	CCONJ
cjel-11734	437	10	appears	appear	VERB
cjel-11734	437	11	to	to	PART
cjel-11734	437	12	be	be	AUX
cjel-11734	437	13	staying	stay	VERB
cjel-11734	437	14	that	that	DET
cjel-11734	437	15	way	way	NOUN
cjel-11734	437	16	for	for	ADP
cjel-11734	437	17	the	the	DET
cjel-11734	437	18	foreseeable	foreseeable	ADJ
cjel-11734	437	19	future	future	NOUN
cjel-11734	437	20	,	,	PUNCT
cjel-11734	437	21	consensus	consensus	NOUN
cjel-11734	437	22	on	on	ADP
cjel-11734	437	23	the	the	DET
cjel-11734	437	24	meaning	meaning	NOUN
cjel-11734	437	25	of	of	ADP
cjel-11734	437	26	esg	esg	PROPN
cjel-11734	437	27	fund	fund	NOUN
cjel-11734	437	28	names	name	NOUN
cjel-11734	437	29	remains	remain	VERB
cjel-11734	437	30	elusive	elusive	ADJ
cjel-11734	437	31	,	,	PUNCT
cjel-11734	437	32	confusing	confusing	ADJ
cjel-11734	437	33	investors	investor	NOUN
cjel-11734	437	34	,	,	PUNCT
cjel-11734	437	35	reporters	reporter	NOUN
cjel-11734	437	36	,	,	PUNCT
cjel-11734	437	37	and	and	CCONJ
cjel-11734	437	38	regulators	regulator	NOUN
cjel-11734	437	39	alike	alike	ADV
cjel-11734	437	40	.	.	PUNCT
cjel-11734	438	1	the	the	DET
cjel-11734	438	2	following	follow	VERB
cjel-11734	438	3	section	section	NOUN
cjel-11734	438	4	explores	explore	VERB
cjel-11734	438	5	the	the	DET
cjel-11734	438	6	current	current	ADJ
cjel-11734	438	7	regulatory	regulatory	ADJ
cjel-11734	438	8	framework	framework	NOUN
cjel-11734	438	9	in	in	ADP
cjel-11734	438	10	place	place	NOUN
cjel-11734	438	11	,	,	PUNCT
cjel-11734	438	12	along	along	ADP
cjel-11734	438	13	with	with	ADP
cjel-11734	438	14	the	the	DET
cjel-11734	438	15	sec	sec	PROPN
cjel-11734	438	16	’s	’s	PART
cjel-11734	438	17	two	two	NUM
cjel-11734	438	18	proposed	propose	VERB
cjel-11734	438	19	rules	rule	NOUN
cjel-11734	438	20	from	from	ADP
cjel-11734	438	21	may	may	PROPN
cjel-11734	438	22	2022	2022	NUM
cjel-11734	438	23	.	.	PUNCT
cjel-11734	439	1	the	the	DET
cjel-11734	439	2	section	section	NOUN
cjel-11734	439	3	also	also	ADV
cjel-11734	439	4	details	detail	VERB
cjel-11734	439	5	how	how	SCONJ
cjel-11734	439	6	investors	investor	NOUN
cjel-11734	439	7	who	who	PRON
cjel-11734	439	8	hope	hope	VERB
cjel-11734	439	9	to	to	PART
cjel-11734	439	10	enter	enter	VERB
cjel-11734	439	11	the	the	DET
cjel-11734	439	12	esg	esg	PROPN
cjel-11734	439	13	fund	fund	NOUN
cjel-11734	439	14	market	market	NOUN
cjel-11734	439	15	or	or	CCONJ
cjel-11734	439	16	learn	learn	VERB
cjel-11734	439	17	more	more	ADJ
cjel-11734	439	18	about	about	ADP
cjel-11734	439	19	esg	esg	NOUN
cjel-11734	439	20	investment	investment	NOUN
cjel-11734	439	21	options	option	NOUN
cjel-11734	439	22	are	be	AUX
cjel-11734	439	23	forced	force	VERB
cjel-11734	439	24	to	to	PART
cjel-11734	439	25	overcome	overcome	VERB
cjel-11734	439	26	significant	significant	ADJ
cjel-11734	439	27	informational	informational	ADJ
cjel-11734	439	28	obstacles	obstacle	NOUN
cjel-11734	439	29	.	.	PUNCT
cjel-11734	440	1	c.	c.	PROPN
cjel-11734	440	2	the	the	DET
cjel-11734	440	3	esg	esg	PROPN
cjel-11734	440	4	fund	fund	PROPN
cjel-11734	440	5	regulatory	regulatory	ADJ
cjel-11734	440	6	landscape	landscape	NOUN
cjel-11734	440	7	the	the	DET
cjel-11734	440	8	sec	sec	PROPN
cjel-11734	440	9	has	have	AUX
cjel-11734	440	10	spoken	speak	VERB
cjel-11734	440	11	publicly	publicly	ADV
cjel-11734	440	12	about	about	ADP
cjel-11734	440	13	the	the	DET
cjel-11734	440	14	lack	lack	NOUN
cjel-11734	440	15	of	of	ADP
cjel-11734	440	16	clarity	clarity	NOUN
cjel-11734	440	17	surrounding	surround	VERB
cjel-11734	440	18	esg	esg	PROPN
cjel-11734	440	19	investing	investing	NOUN
cjel-11734	440	20	and	and	CCONJ
cjel-11734	440	21	esg	esg	PROPN
cjel-11734	440	22	fund	fund	PROPN
cjel-11734	440	23	disclosures,120	disclosures,120	PROPN
cjel-11734	440	24	commented	comment	VERB
cjel-11734	440	25	on	on	ADP
cjel-11734	440	26	the	the	DET
cjel-11734	440	27	demand	demand	NOUN
cjel-11734	440	28	for	for	ADP
cjel-11734	440	29	sec	sec	PROPN
cjel-11734	440	30	-	-	PUNCT
cjel-11734	440	31	mandated	mandate	VERB
cjel-11734	440	32	esg	esg	NOUN
cjel-11734	440	33	disclosure	disclosure	NOUN
cjel-11734	440	34	frameworks,121	frameworks,121	ADV
cjel-11734	440	35	and	and	CCONJ
cjel-11734	440	36	publicly	publicly	ADV
cjel-11734	440	37	116	116	NUM
cjel-11734	440	38	.	.	PUNCT
cjel-11734	441	1	although	although	SCONJ
cjel-11734	441	2	estimates	estimate	NOUN
cjel-11734	441	3	differ	differ	VERB
cjel-11734	441	4	,	,	PUNCT
cjel-11734	441	5	the	the	DET
cjel-11734	441	6	consensus	consensus	NOUN
cjel-11734	441	7	is	be	AUX
cjel-11734	441	8	that	that	SCONJ
cjel-11734	441	9	the	the	DET
cjel-11734	441	10	potential	potential	ADJ
cjel-11734	441	11	inheritance	inheritance	NOUN
cjel-11734	441	12	is	be	AUX
cjel-11734	441	13	enormous	enormous	ADJ
cjel-11734	441	14	.	.	PUNCT
cjel-11734	442	1	compare	compare	VERB
cjel-11734	442	2	leena	leena	PROPN
cjel-11734	442	3	dagade	dagade	PROPN
cjel-11734	442	4	et	et	PROPN
cjel-11734	442	5	al	al	PROPN
cjel-11734	442	6	.	.	PROPN
cjel-11734	442	7	,	,	PUNCT
cjel-11734	442	8	cerulli	cerulli	PROPN
cjel-11734	442	9	assocs	assocs	PROPN
cjel-11734	442	10	.	.	PROPN
cjel-11734	442	11	,	,	PUNCT
cjel-11734	442	12	global	global	ADJ
cjel-11734	442	13	retail	retail	ADJ
cjel-11734	442	14	investors	investor	NOUN
cjel-11734	442	15	and	and	CCONJ
cjel-11734	442	16	esg	esg	NOUN
cjel-11734	442	17	:	:	PUNCT
cjel-11734	442	18	responsible	responsible	ADJ
cjel-11734	442	19	investing	investing	NOUN
cjel-11734	442	20	converges	converge	NOUN
cjel-11734	442	21	with	with	ADP
cjel-11734	442	22	accelerated	accelerated	ADJ
cjel-11734	442	23	environmental	environmental	ADJ
cjel-11734	442	24	and	and	CCONJ
cjel-11734	442	25	social	social	ADJ
cjel-11734	442	26	imperatives	imperative	NOUN
cjel-11734	442	27	4	4	NUM
cjel-11734	442	28	(	(	PUNCT
cjel-11734	442	29	2021	2021	NUM
cjel-11734	442	30	)	)	PUNCT
cjel-11734	442	31	(	(	PUNCT
cjel-11734	442	32	estimating	estimate	VERB
cjel-11734	442	33	a	a	DET
cjel-11734	442	34	$	$	SYM
cjel-11734	442	35	61	61	NUM
cjel-11734	442	36	trillion	trillion	NUM
cjel-11734	442	37	transfer	transfer	NOUN
cjel-11734	442	38	between	between	ADP
cjel-11734	442	39	generations	generation	NOUN
cjel-11734	442	40	over	over	ADP
cjel-11734	442	41	the	the	DET
cjel-11734	442	42	next	next	ADJ
cjel-11734	442	43	25	25	NUM
cjel-11734	442	44	years	year	NOUN
cjel-11734	442	45	)	)	PUNCT
cjel-11734	442	46	with	with	ADP
cjel-11734	442	47	dave	dave	PROPN
cjel-11734	442	48	nadig	nadig	PROPN
cjel-11734	442	49	,	,	PUNCT
cjel-11734	442	50	evaluating	evaluate	VERB
cjel-11734	442	51	sustainability	sustainability	NOUN
cjel-11734	442	52	etfs	etfs	NOUN
cjel-11734	442	53	with	with	ADP
cjel-11734	442	54	msci	msci	PROPN
cjel-11734	442	55	,	,	PUNCT
cjel-11734	442	56	etf.com	etf.com	X
cjel-11734	442	57	(	(	PUNCT
cjel-11734	442	58	june	june	PROPN
cjel-11734	442	59	12	12	NUM
cjel-11734	442	60	,	,	PUNCT
cjel-11734	442	61	2017	2017	NUM
cjel-11734	442	62	)	)	PUNCT
cjel-11734	442	63	,	,	PUNCT
cjel-11734	442	64	https://www.etf.com/sections/blog/evaluating-sustainability-etfs-msci	https://www.etf.com/sections/blog/evaluating-sustainability-etfs-msci	PROPN
cjel-11734	442	65	[	[	X
cjel-11734	442	66	https://perma.cc/l4qp-gvzf	https://perma.cc/l4qp-gvzf	X
cjel-11734	442	67	]	]	X
cjel-11734	442	68	(	(	PUNCT
cjel-11734	442	69	“	"	PUNCT
cjel-11734	442	70	we	we	PRON
cjel-11734	442	71	’re	’re	VERB
cjel-11734	442	72	in	in	ADP
cjel-11734	442	73	the	the	DET
cjel-11734	442	74	middle	middle	NOUN
cjel-11734	442	75	of	of	ADP
cjel-11734	442	76	a	a	DET
cjel-11734	442	77	$	$	SYM
cjel-11734	442	78	30	30	NUM
cjel-11734	442	79	trillion	trillion	NUM
cjel-11734	442	80	intergenerational	intergenerational	ADJ
cjel-11734	442	81	wealth	wealth	NOUN
cjel-11734	442	82	transfer	transfer	NOUN
cjel-11734	442	83	from	from	ADP
cjel-11734	442	84	baby	baby	NOUN
cjel-11734	442	85	boomers	boomer	NOUN
cjel-11734	442	86	to	to	ADP
cjel-11734	442	87	their	their	PRON
cjel-11734	442	88	children	child	NOUN
cjel-11734	442	89	.	.	PUNCT
cjel-11734	442	90	”	"	PUNCT
cjel-11734	442	91	)	)	PUNCT
cjel-11734	442	92	.	.	PUNCT
cjel-11734	443	1	117	117	NUM
cjel-11734	443	2	.	.	PUNCT
cjel-11734	444	1	larry	larry	PROPN
cjel-11734	444	2	fink	fink	PROPN
cjel-11734	444	3	,	,	PUNCT
cjel-11734	444	4	larry	larry	PROPN
cjel-11734	444	5	fink	fink	PROPN
cjel-11734	444	6	’s	’s	PART
cjel-11734	444	7	2019	2019	NUM
cjel-11734	444	8	letter	letter	NOUN
cjel-11734	444	9	to	to	ADP
cjel-11734	444	10	ceos	ceos	PROPN
cjel-11734	444	11	:	:	PUNCT
cjel-11734	444	12	purpose	purpose	NOUN
cjel-11734	444	13	&	&	CCONJ
cjel-11734	444	14	profit	profit	PROPN
cjel-11734	444	15	,	,	PUNCT
cjel-11734	444	16	blackrock	blackrock	PROPN
cjel-11734	444	17	,	,	PUNCT
cjel-11734	444	18	https://www.blackrock.com/americas-offshore/en/2019-larry-fink-ceoletter#:~:text=the%20world%20needs%20your%20leadership,failing%20to%20do%20so	https://www.blackrock.com/americas-offshore/en/2019-larry-fink-ceoletter#:~:text=the%20world%20needs%20your%20leadership,failing%20to%20do%20so	X
cjel-11734	444	19	%	%	NOUN
cjel-11734	444	20	20effectively	20effectively	ADV
cjel-11734	445	1	[	[	X
cjel-11734	445	2	https://perma.cc/edj6-dyfn	https://perma.cc/edj6-dyfn	NUM
cjel-11734	445	3	]	]	PUNCT
cjel-11734	445	4	(	(	PUNCT
cjel-11734	445	5	last	last	ADV
cjel-11734	445	6	visited	visit	VERB
cjel-11734	445	7	mar	mar	PROPN
cjel-11734	445	8	.	.	PROPN
cjel-11734	445	9	25	25	NUM
cjel-11734	445	10	,	,	PUNCT
cjel-11734	445	11	2023	2023	NUM
cjel-11734	445	12	)	)	PUNCT
cjel-11734	445	13	.	.	PUNCT
cjel-11734	446	1	118	118	NUM
cjel-11734	446	2	.	.	PUNCT
cjel-11734	446	3	julian	julian	PROPN
cjel-11734	446	4	seelan	seelan	PROPN
cjel-11734	446	5	,	,	PUNCT
cjel-11734	446	6	invs	invs	PROPN
cjel-11734	446	7	.	.	PROPN
cjel-11734	446	8	&	&	CCONJ
cjel-11734	446	9	wealth	wealth	PROPN
cjel-11734	446	10	monitor	monitor	PROPN
cjel-11734	446	11	,	,	PUNCT
cjel-11734	446	12	sustainable	sustainable	ADJ
cjel-11734	446	13	investing	investing	NOUN
cjel-11734	446	14	:	:	PUNCT
cjel-11734	446	15	the	the	DET
cjel-11734	446	16	millennial	millennial	ADJ
cjel-11734	446	17	investor	investor	NOUN
cjel-11734	446	18	44	44	NUM
cjel-11734	446	19	(	(	PUNCT
cjel-11734	446	20	2019	2019	NUM
cjel-11734	446	21	)	)	PUNCT
cjel-11734	446	22	.	.	PUNCT
cjel-11734	447	1	119	119	NUM
cjel-11734	447	2	.	.	PUNCT
cjel-11734	448	1	i	i	PRON
cjel-11734	448	2	d.	d.	PROPN
cjel-11734	448	3	120	120	NUM
cjel-11734	448	4	.	.	PUNCT
cjel-11734	448	5	elad	elad	PROPN
cjel-11734	448	6	l.	l.	PROPN
cjel-11734	448	7	roisman	roisman	PROPN
cjel-11734	448	8	,	,	PUNCT
cjel-11734	448	9	comm’r	comm’r	ADP
cjel-11734	448	10	,	,	PUNCT
cjel-11734	448	11	sec	sec	PROPN
cjel-11734	448	12	,	,	PUNCT
cjel-11734	448	13	keynote	keynote	ADJ
cjel-11734	448	14	speech	speech	NOUN
cjel-11734	448	15	at	at	ADP
cjel-11734	448	16	the	the	DET
cjel-11734	448	17	society	society	NOUN
cjel-11734	448	18	for	for	ADP
cjel-11734	448	19	corporate	corporate	ADJ
cjel-11734	448	20	governance	governance	NOUN
cjel-11734	448	21	national	national	ADJ
cjel-11734	448	22	conference	conference	NOUN
cjel-11734	448	23	(	(	PUNCT
cjel-11734	448	24	july	july	PROPN
cjel-11734	448	25	7	7	NUM
cjel-11734	448	26	,	,	PUNCT
cjel-11734	448	27	2020	2020	NUM
cjel-11734	448	28	)	)	PUNCT
cjel-11734	448	29	(	(	PUNCT
cjel-11734	448	30	“	"	PUNCT
cjel-11734	448	31	i	i	PRON
cjel-11734	448	32	do	do	AUX
cjel-11734	448	33	think	think	VERB
cjel-11734	448	34	that	that	SCONJ
cjel-11734	448	35	retail	retail	ADJ
cjel-11734	448	36	investors	investor	NOUN
cjel-11734	448	37	who	who	PRON
cjel-11734	448	38	want	want	VERB
cjel-11734	448	39	‘	'	PUNCT
cjel-11734	448	40	green	green	ADJ
cjel-11734	448	41	’	'	PUNCT
cjel-11734	448	42	or	or	CCONJ
cjel-11734	448	43	‘	'	PUNCT
cjel-11734	448	44	sustainable	sustainable	ADJ
cjel-11734	448	45	’	'	PUNCT
cjel-11734	448	46	products	product	NOUN
cjel-11734	448	47	deserve	deserve	VERB
cjel-11734	448	48	more	more	ADJ
cjel-11734	448	49	clarity	clarity	NOUN
cjel-11734	448	50	and	and	CCONJ
cjel-11734	448	51	information	information	NOUN
cjel-11734	448	52	about	about	ADP
cjel-11734	448	53	the	the	DET
cjel-11734	448	54	choices	choice	NOUN
cjel-11734	448	55	they	they	PRON
cjel-11734	448	56	have	have	VERB
cjel-11734	448	57	.	.	PUNCT
cjel-11734	448	58	”	"	PUNCT
cjel-11734	448	59	)	)	PUNCT
cjel-11734	448	60	.	.	PUNCT
cjel-11734	449	1	121	121	NUM
cjel-11734	449	2	.	.	PUNCT
cjel-11734	450	1	allison	allison	PROPN
cjel-11734	450	2	h.	h.	PROPN
cjel-11734	450	3	lee	lee	PROPN
cjel-11734	450	4	,	,	PUNCT
cjel-11734	450	5	a	a	DET
cjel-11734	450	6	climate	climate	NOUN
cjel-11734	450	7	for	for	ADP
cjel-11734	450	8	change	change	NOUN
cjel-11734	450	9	:	:	PUNCT
cjel-11734	450	10	meeting	meet	VERB
cjel-11734	450	11	investor	investor	NOUN
cjel-11734	450	12	demand	demand	NOUN
cjel-11734	450	13	for	for	ADP
cjel-11734	450	14	climate	climate	NOUN
cjel-11734	450	15	and	and	CCONJ
cjel-11734	450	16	esg	esg	NOUN
cjel-11734	450	17	information	information	NOUN
cjel-11734	450	18	at	at	ADP
cjel-11734	450	19	the	the	DET
cjel-11734	450	20	sec	sec	PROPN
cjel-11734	450	21	,	,	PUNCT
cjel-11734	450	22	sec	sec	PROPN
cjel-11734	450	23	(	(	PUNCT
cjel-11734	450	24	mar	mar	PROPN
cjel-11734	450	25	.	.	PROPN
cjel-11734	450	26	15	15	NUM
cjel-11734	450	27	,	,	PUNCT
cjel-11734	450	28	2021	2021	NUM
cjel-11734	450	29	)	)	PUNCT
cjel-11734	450	30	,	,	PUNCT
cjel-11734	450	31	https://www.sec.gov/news/speech/lee-climatechange	https://www.sec.gov/news/speech/lee-climatechange	VERB
cjel-11734	450	32	[	[	X
cjel-11734	450	33	https://perma.cc/b9jf-52tj	https://perma.cc/b9jf-52tj	X
cjel-11734	450	34	]	]	X
cjel-11734	450	35	(	(	PUNCT
cjel-11734	450	36	“	"	PUNCT
cjel-11734	450	37	investors	investor	NOUN
cjel-11734	450	38	are	be	AUX
cjel-11734	450	39	demanding	demand	VERB
cjel-11734	450	40	more	more	ADJ
cjel-11734	450	41	and	and	CCONJ
cjel-11734	450	42	better	well	ADJ
cjel-11734	450	43	information	information	NOUN
cjel-11734	450	44	436	436	NUM
cjel-11734	450	45	columbia	columbia	PROPN
cjel-11734	450	46	journal	journal	PROPN
cjel-11734	450	47	of	of	ADP
cjel-11734	450	48	environmental	environmental	ADJ
cjel-11734	450	49	law	law	NOUN
cjel-11734	451	1	[	[	X
cjel-11734	451	2	vol.48:2	vol.48:2	NOUN
cjel-11734	451	3	debated	debate	VERB
cjel-11734	451	4	what	what	PRON
cjel-11734	451	5	(	(	PUNCT
cjel-11734	451	6	if	if	SCONJ
cjel-11734	451	7	anything	anything	PRON
cjel-11734	451	8	)	)	PUNCT
cjel-11734	451	9	would	would	AUX
cjel-11734	451	10	be	be	AUX
cjel-11734	451	11	appropriate	appropriate	ADJ
cjel-11734	451	12	regulatory	regulatory	ADJ
cjel-11734	451	13	action.122	action.122	NOUN
cjel-11734	451	14	in	in	ADP
cjel-11734	451	15	may	may	PROPN
cjel-11734	451	16	2022	2022	NUM
cjel-11734	451	17	,	,	PUNCT
cjel-11734	451	18	the	the	DET
cjel-11734	451	19	sec	sec	PROPN
cjel-11734	451	20	proposed	propose	VERB
cjel-11734	451	21	two	two	NUM
cjel-11734	451	22	rules	rule	NOUN
cjel-11734	451	23	that	that	PRON
cjel-11734	451	24	would	would	AUX
cjel-11734	451	25	change	change	VERB
cjel-11734	451	26	esg	esg	PROPN
cjel-11734	451	27	fund	fund	NOUN
cjel-11734	451	28	naming	name	VERB
cjel-11734	451	29	conventions	convention	NOUN
cjel-11734	451	30	and	and	CCONJ
cjel-11734	451	31	disclosures	disclosure	NOUN
cjel-11734	451	32	.	.	PUNCT
cjel-11734	452	1	this	this	DET
cjel-11734	452	2	section	section	NOUN
cjel-11734	452	3	provides	provide	VERB
cjel-11734	452	4	a	a	DET
cjel-11734	452	5	brief	brief	ADJ
cjel-11734	452	6	overview	overview	NOUN
cjel-11734	452	7	of	of	ADP
cjel-11734	452	8	the	the	DET
cjel-11734	452	9	disclosure	disclosure	NOUN
cjel-11734	452	10	and	and	CCONJ
cjel-11734	452	11	reporting	reporting	NOUN
cjel-11734	452	12	requirements	requirement	NOUN
cjel-11734	452	13	for	for	ADP
cjel-11734	452	14	open	open	ADJ
cjel-11734	452	15	-	-	PUNCT
cjel-11734	452	16	end	end	NOUN
cjel-11734	452	17	funds	fund	NOUN
cjel-11734	452	18	,	,	PUNCT
cjel-11734	452	19	and	and	CCONJ
cjel-11734	452	20	then	then	ADV
cjel-11734	452	21	highlights	highlight	VERB
cjel-11734	452	22	key	key	ADJ
cjel-11734	452	23	features	feature	NOUN
cjel-11734	452	24	of	of	ADP
cjel-11734	452	25	the	the	DET
cjel-11734	452	26	sec	sec	PROPN
cjel-11734	452	27	’s	’s	PART
cjel-11734	452	28	two	two	NUM
cjel-11734	452	29	proposed	propose	VERB
cjel-11734	452	30	rules	rule	NOUN
cjel-11734	452	31	relevant	relevant	ADJ
cjel-11734	452	32	to	to	ADP
cjel-11734	452	33	this	this	DET
cjel-11734	452	34	note	note	NOUN
cjel-11734	452	35	.	.	PUNCT
cjel-11734	453	1	in	in	ADP
cjel-11734	453	2	particular	particular	ADJ
cjel-11734	453	3	,	,	PUNCT
cjel-11734	453	4	this	this	DET
cjel-11734	453	5	section	section	NOUN
cjel-11734	453	6	examines	examine	VERB
cjel-11734	453	7	the	the	DET
cjel-11734	453	8	names	name	NOUN
cjel-11734	453	9	rule	rule	NOUN
cjel-11734	453	10	,	,	PUNCT
cjel-11734	453	11	a	a	DET
cjel-11734	453	12	regulation	regulation	NOUN
cjel-11734	453	13	of	of	ADP
cjel-11734	453	14	fund	fund	NOUN
cjel-11734	453	15	naming	name	VERB
cjel-11734	453	16	conventions	convention	NOUN
cjel-11734	453	17	that	that	PRON
cjel-11734	453	18	plays	play	VERB
cjel-11734	453	19	a	a	DET
cjel-11734	453	20	key	key	ADJ
cjel-11734	453	21	role	role	NOUN
cjel-11734	453	22	in	in	ADP
cjel-11734	453	23	one	one	NUM
cjel-11734	453	24	of	of	ADP
cjel-11734	453	25	the	the	DET
cjel-11734	453	26	sec	sec	PROPN
cjel-11734	453	27	’s	’s	PART
cjel-11734	453	28	two	two	NUM
cjel-11734	453	29	proposed	propose	VERB
cjel-11734	453	30	rules	rule	NOUN
cjel-11734	453	31	.	.	PUNCT
cjel-11734	454	1	1	1	X
cjel-11734	454	2	.	.	X
cjel-11734	454	3	current	current	ADJ
cjel-11734	454	4	and	and	CCONJ
cjel-11734	454	5	proposed	propose	VERB
cjel-11734	454	6	requirements	requirement	NOUN
cjel-11734	454	7	for	for	ADP
cjel-11734	454	8	all	all	DET
cjel-11734	454	9	open	open	ADJ
cjel-11734	454	10	-	-	PUNCT
cjel-11734	454	11	end	end	NOUN
cjel-11734	454	12	funds	fund	NOUN
cjel-11734	454	13	open	open	ADJ
cjel-11734	454	14	-	-	PUNCT
cjel-11734	454	15	end	end	NOUN
cjel-11734	454	16	funds	fund	NOUN
cjel-11734	454	17	(	(	PUNCT
cjel-11734	454	18	including	include	VERB
cjel-11734	454	19	mutual	mutual	ADJ
cjel-11734	454	20	funds	fund	NOUN
cjel-11734	454	21	and	and	CCONJ
cjel-11734	454	22	etfs	etfs	PROPN
cjel-11734	454	23	)	)	PUNCT
cjel-11734	454	24	are	be	AUX
cjel-11734	454	25	required	require	VERB
cjel-11734	454	26	to	to	PART
cjel-11734	454	27	comply	comply	VERB
cjel-11734	454	28	with	with	ADP
cjel-11734	454	29	form	form	NOUN
cjel-11734	454	30	n-1a	n-1a	PROPN
cjel-11734	454	31	,	,	PUNCT
cjel-11734	454	32	which	which	PRON
cjel-11734	454	33	mandates	mandate	VERB
cjel-11734	454	34	that	that	SCONJ
cjel-11734	454	35	a	a	DET
cjel-11734	454	36	fund	fund	NOUN
cjel-11734	454	37	create	create	VERB
cjel-11734	454	38	and	and	CCONJ
cjel-11734	454	39	update	update	VERB
cjel-11734	454	40	its	its	PRON
cjel-11734	454	41	prospectus123	prospectus123	PROPN
cjel-11734	454	42	and	and	CCONJ
cjel-11734	454	43	statement	statement	NOUN
cjel-11734	454	44	of	of	ADP
cjel-11734	454	45	additional	additional	ADJ
cjel-11734	454	46	information	information	NOUN
cjel-11734	454	47	annually.124	annually.124	VERB
cjel-11734	454	48	in	in	ADP
cjel-11734	454	49	these	these	DET
cjel-11734	454	50	documents	document	NOUN
cjel-11734	454	51	,	,	PUNCT
cjel-11734	454	52	funds	fund	NOUN
cjel-11734	454	53	disclose	disclose	VERB
cjel-11734	454	54	“	"	PUNCT
cjel-11734	454	55	their	their	PRON
cjel-11734	454	56	investment	investment	NOUN
cjel-11734	454	57	objectives	objective	NOUN
cjel-11734	454	58	and	and	CCONJ
cjel-11734	454	59	how	how	SCONJ
cjel-11734	454	60	they	they	PRON
cjel-11734	454	61	incorporate	incorporate	VERB
cjel-11734	454	62	esg	esg	NOUN
cjel-11734	454	63	criteria	criterion	NOUN
cjel-11734	454	64	.	.	PUNCT
cjel-11734	455	1	they	they	PRON
cjel-11734	455	2	also	also	ADV
cjel-11734	455	3	disclose	disclose	VERB
cjel-11734	455	4	whether	whether	SCONJ
cjel-11734	455	5	they	they	PRON
cjel-11734	455	6	follow	follow	VERB
cjel-11734	455	7	an	an	DET
cjel-11734	455	8	index	index	NOUN
cjel-11734	455	9	strategy	strategy	NOUN
cjel-11734	455	10	and	and	CCONJ
cjel-11734	455	11	,	,	PUNCT
cjel-11734	455	12	if	if	SCONJ
cjel-11734	455	13	so	so	ADV
cjel-11734	455	14	,	,	PUNCT
cjel-11734	455	15	the	the	DET
cjel-11734	455	16	applicable	applicable	ADJ
cjel-11734	455	17	index	index	NOUN
cjel-11734	455	18	.	.	PUNCT
cjel-11734	456	1	in	in	ADP
cjel-11734	456	2	many	many	ADJ
cjel-11734	456	3	cases	case	NOUN
cjel-11734	456	4	,	,	PUNCT
cjel-11734	456	5	they	they	PRON
cjel-11734	456	6	also	also	ADV
cjel-11734	456	7	disclose	disclose	VERB
cjel-11734	456	8	their	their	PRON
cjel-11734	456	9	policies	policy	NOUN
cjel-11734	456	10	regarding	regard	VERB
cjel-11734	456	11	voting	voting	NOUN
cjel-11734	456	12	or	or	CCONJ
cjel-11734	456	13	engagement	engagement	NOUN
cjel-11734	456	14	.	.	PUNCT
cjel-11734	457	1	”125	”125	PROPN
cjel-11734	457	2	form	form	VERB
cjel-11734	457	3	n1	n1	NOUN
cjel-11734	457	4	-	-	PUNCT
cjel-11734	457	5	a	a	PRON
cjel-11734	457	6	makes	make	VERB
cjel-11734	457	7	clear	clear	ADJ
cjel-11734	457	8	that	that	SCONJ
cjel-11734	457	9	a	a	DET
cjel-11734	457	10	goal	goal	NOUN
cjel-11734	457	11	of	of	ADP
cjel-11734	457	12	the	the	DET
cjel-11734	457	13	form	form	NOUN
cjel-11734	457	14	is	be	AUX
cjel-11734	457	15	to	to	PART
cjel-11734	457	16	facilitate	facilitate	VERB
cjel-11734	457	17	the	the	DET
cjel-11734	457	18	comprehension	comprehension	NOUN
cjel-11734	457	19	of	of	ADP
cjel-11734	457	20	financial	financial	ADJ
cjel-11734	457	21	information	information	NOUN
cjel-11734	457	22	by	by	ADP
cjel-11734	457	23	retail	retail	ADJ
cjel-11734	457	24	investors.126	investors.126	NOUN
cjel-11734	457	25	specifically	specifically	ADV
cjel-11734	457	26	,	,	PUNCT
cjel-11734	457	27	it	it	PRON
cjel-11734	457	28	states	state	VERB
cjel-11734	457	29	that	that	SCONJ
cjel-11734	457	30	the	the	DET
cjel-11734	457	31	prospectus	prospectus	NOUN
cjel-11734	457	32	should	should	AUX
cjel-11734	457	33	avoid	avoid	VERB
cjel-11734	457	34	“	"	PUNCT
cjel-11734	457	35	lengthy	lengthy	ADJ
cjel-11734	457	36	legal	legal	ADJ
cjel-11734	457	37	and	and	CCONJ
cjel-11734	457	38	technical	technical	ADJ
cjel-11734	457	39	discussions	discussion	NOUN
cjel-11734	457	40	”	"	PUNCT
cjel-11734	457	41	and	and	CCONJ
cjel-11734	457	42	“	"	PUNCT
cjel-11734	457	43	disproportionately	disproportionately	ADV
cjel-11734	457	44	emphasizing	emphasize	VERB
cjel-11734	457	45	possible	possible	ADJ
cjel-11734	457	46	investments	investment	NOUN
cjel-11734	457	47	which	which	PRON
cjel-11734	457	48	are	be	AUX
cjel-11734	457	49	not	not	PART
cjel-11734	457	50	a	a	DET
cjel-11734	457	51	significant	significant	ADJ
cjel-11734	457	52	part	part	NOUN
cjel-11734	457	53	of	of	ADP
cjel-11734	457	54	the	the	DET
cjel-11734	457	55	fund	fund	NOUN
cjel-11734	457	56	.	.	PUNCT
cjel-11734	457	57	”127	”127	PUNCT
cjel-11734	457	58	on	on	ADP
cjel-11734	457	59	climate	climate	NOUN
cjel-11734	457	60	and	and	CCONJ
cjel-11734	457	61	esg	esg	NOUN
cjel-11734	457	62	,	,	PUNCT
cjel-11734	457	63	and	and	CCONJ
cjel-11734	457	64	that	that	SCONJ
cjel-11734	457	65	demand	demand	NOUN
cjel-11734	457	66	is	be	AUX
cjel-11734	457	67	not	not	PART
cjel-11734	457	68	being	be	AUX
cjel-11734	457	69	met	meet	VERB
cjel-11734	457	70	by	by	ADP
cjel-11734	457	71	the	the	DET
cjel-11734	457	72	current	current	ADJ
cjel-11734	457	73	voluntary	voluntary	ADJ
cjel-11734	457	74	framework	framework	NOUN
cjel-11734	457	75	.	.	PUNCT
cjel-11734	457	76	”	"	PUNCT
cjel-11734	457	77	)	)	PUNCT
cjel-11734	457	78	;	;	PUNCT
cjel-11734	457	79	see	see	VERB
cjel-11734	457	80	also	also	ADV
cjel-11734	457	81	rose	rise	VERB
cjel-11734	457	82	,	,	PUNCT
cjel-11734	457	83	supra	supra	PROPN
cjel-11734	457	84	note	note	NOUN
cjel-11734	457	85	44	44	NUM
cjel-11734	457	86	,	,	PUNCT
cjel-11734	457	87	at	at	ADP
cjel-11734	457	88	1826–1830	1826–1830	NUM
cjel-11734	457	89	.	.	PUNCT
cjel-11734	458	1	122	122	NUM
cjel-11734	458	2	.	.	PUNCT
cjel-11734	459	1	allison	allison	PROPN
cjel-11734	459	2	h.	h.	PROPN
cjel-11734	459	3	lee	lee	PROPN
cjel-11734	459	4	,	,	PUNCT
cjel-11734	459	5	playing	play	VERB
cjel-11734	459	6	the	the	DET
cjel-11734	459	7	long	long	ADJ
cjel-11734	459	8	game	game	NOUN
cjel-11734	459	9	:	:	PUNCT
cjel-11734	459	10	the	the	DET
cjel-11734	459	11	intersection	intersection	NOUN
cjel-11734	459	12	of	of	ADP
cjel-11734	459	13	climate	climate	NOUN
cjel-11734	459	14	change	change	NOUN
cjel-11734	459	15	risk	risk	NOUN
cjel-11734	459	16	and	and	CCONJ
cjel-11734	459	17	financial	financial	ADJ
cjel-11734	459	18	regulation	regulation	NOUN
cjel-11734	459	19	,	,	PUNCT
cjel-11734	459	20	sec	sec	PROPN
cjel-11734	459	21	(	(	PUNCT
cjel-11734	459	22	nov	nov	PROPN
cjel-11734	459	23	.	.	PROPN
cjel-11734	459	24	5	5	NUM
cjel-11734	459	25	,	,	PUNCT
cjel-11734	459	26	2020	2020	NUM
cjel-11734	459	27	)	)	PUNCT
cjel-11734	459	28	,	,	PUNCT
cjel-11734	459	29	https://www.sec.gov/news/speech/lee-playing-longgame-110520	https://www.sec.gov/news/speech/lee-playing-longgame-110520	PROPN
cjel-11734	459	30	[	[	X
cjel-11734	459	31	https://perma.cc/tbp3-vwcw	https://perma.cc/tbp3-vwcw	X
cjel-11734	459	32	]	]	X
cjel-11734	459	33	(	(	PUNCT
cjel-11734	459	34	“	"	PUNCT
cjel-11734	459	35	[	[	X
cjel-11734	459	36	f]inancial	f]inancial	ADJ
cjel-11734	459	37	regulators	regulator	NOUN
cjel-11734	459	38	like	like	ADP
cjel-11734	459	39	the	the	DET
cjel-11734	459	40	sec	sec	PROPN
cjel-11734	459	41	are	be	AUX
cjel-11734	459	42	not	not	PART
cjel-11734	459	43	at	at	ADP
cjel-11734	459	44	the	the	DET
cjel-11734	459	45	forefront	forefront	NOUN
cjel-11734	459	46	of	of	ADP
cjel-11734	459	47	substantive	substantive	ADJ
cjel-11734	459	48	policymaking	policymaking	NOUN
cjel-11734	459	49	to	to	PART
cjel-11734	459	50	address	address	VERB
cjel-11734	459	51	climate	climate	NOUN
cjel-11734	459	52	change	change	NOUN
cjel-11734	459	53	.	.	PUNCT
cjel-11734	460	1	we	we	PRON
cjel-11734	460	2	don	don	VERB
cjel-11734	460	3	’	'	PUNCT
cjel-11734	460	4	t	t	PROPN
cjel-11734	460	5	set	set	VERB
cjel-11734	460	6	emissions	emission	NOUN
cjel-11734	460	7	standards	standard	NOUN
cjel-11734	460	8	,	,	PUNCT
cjel-11734	460	9	implement	implement	VERB
cjel-11734	460	10	carbon	carbon	NOUN
cjel-11734	460	11	pricing	pricing	NOUN
cjel-11734	460	12	,	,	PUNCT
cjel-11734	460	13	or	or	CCONJ
cjel-11734	460	14	otherwise	otherwise	ADV
cjel-11734	460	15	shape	shape	VERB
cjel-11734	460	16	energy	energy	NOUN
cjel-11734	460	17	or	or	CCONJ
cjel-11734	460	18	environmental	environmental	ADJ
cjel-11734	460	19	policy	policy	NOUN
cjel-11734	460	20	.	.	PUNCT
cjel-11734	460	21	”	"	PUNCT
cjel-11734	460	22	)	)	PUNCT
cjel-11734	460	23	.	.	PUNCT
cjel-11734	461	1	123	123	NUM
cjel-11734	461	2	.	.	PUNCT
cjel-11734	462	1	the	the	DET
cjel-11734	462	2	sec	sec	PROPN
cjel-11734	462	3	allows	allow	VERB
cjel-11734	462	4	funds	fund	NOUN
cjel-11734	462	5	to	to	PART
cjel-11734	462	6	deliver	deliver	VERB
cjel-11734	462	7	a	a	DET
cjel-11734	462	8	summary	summary	NOUN
cjel-11734	462	9	prospectus	prospectus	NOUN
cjel-11734	462	10	,	,	PUNCT
cjel-11734	462	11	which	which	PRON
cjel-11734	462	12	is	be	AUX
cjel-11734	462	13	much	much	ADV
cjel-11734	462	14	shorter	short	ADJ
cjel-11734	462	15	in	in	ADP
cjel-11734	462	16	length	length	NOUN
cjel-11734	462	17	,	,	PUNCT
cjel-11734	462	18	in	in	ADP
cjel-11734	462	19	lieu	lieu	NOUN
cjel-11734	462	20	of	of	ADP
cjel-11734	462	21	the	the	DET
cjel-11734	462	22	full	full	ADJ
cjel-11734	462	23	prospectus	prospectus	NOUN
cjel-11734	462	24	,	,	PUNCT
cjel-11734	462	25	for	for	ADP
cjel-11734	462	26	the	the	DET
cjel-11734	462	27	benefit	benefit	NOUN
cjel-11734	462	28	of	of	ADP
cjel-11734	462	29	retail	retail	ADJ
cjel-11734	462	30	investors	investor	NOUN
cjel-11734	462	31	.	.	PUNCT
cjel-11734	463	1	enhanced	enhance	VERB
cjel-11734	463	2	disclosure	disclosure	NOUN
cjel-11734	463	3	and	and	CCONJ
cjel-11734	463	4	new	new	ADJ
cjel-11734	463	5	prospectus	prospectus	NOUN
cjel-11734	463	6	delivery	delivery	NOUN
cjel-11734	463	7	option	option	NOUN
cjel-11734	463	8	for	for	ADP
cjel-11734	463	9	registered	register	VERB
cjel-11734	463	10	open	open	ADJ
cjel-11734	463	11	-	-	PUNCT
cjel-11734	463	12	end	end	NOUN
cjel-11734	463	13	management	management	NOUN
cjel-11734	463	14	investment	investment	NOUN
cjel-11734	463	15	companies	company	NOUN
cjel-11734	463	16	,	,	PUNCT
cjel-11734	463	17	74	74	NUM
cjel-11734	463	18	fed	feed	VERB
cjel-11734	463	19	.	.	PUNCT
cjel-11734	464	1	reg	reg	NOUN
cjel-11734	464	2	.	.	PUNCT
cjel-11734	465	1	4,545	4,545	NUM
cjel-11734	465	2	(	(	PUNCT
cjel-11734	465	3	jan	jan	PROPN
cjel-11734	465	4	.	.	PROPN
cjel-11734	465	5	13	13	NUM
cjel-11734	465	6	,	,	PUNCT
cjel-11734	465	7	2009	2009	NUM
cjel-11734	465	8	)	)	PUNCT
cjel-11734	465	9	(	(	PUNCT
cjel-11734	465	10	to	to	PART
cjel-11734	465	11	be	be	AUX
cjel-11734	465	12	codified	codify	VERB
cjel-11734	465	13	at	at	ADP
cjel-11734	465	14	17	17	NUM
cjel-11734	465	15	c.f.r	c.f.r	NOUN
cjel-11734	465	16	.	.	PUNCT
cjel-11734	466	1	pts	pts	PROPN
cjel-11734	466	2	.	.	PROPN
cjel-11734	466	3	230	230	NUM
cjel-11734	466	4	,	,	PUNCT
cjel-11734	466	5	232	232	NUM
cjel-11734	466	6	,	,	PUNCT
cjel-11734	466	7	239	239	NUM
cjel-11734	466	8	,	,	PUNCT
cjel-11734	466	9	274	274	NUM
cjel-11734	466	10	)	)	PUNCT
cjel-11734	466	11	.	.	PUNCT
cjel-11734	467	1	124	124	NUM
cjel-11734	467	2	.	.	PUNCT
cjel-11734	468	1	form	form	NOUN
cjel-11734	468	2	n1	n1	NOUN
cjel-11734	468	3	-	-	PUNCT
cjel-11734	468	4	a	a	DET
cjel-11734	468	5	ii	ii	PROPN
cjel-11734	468	6	,	,	PUNCT
cjel-11734	468	7	sec	sec	PROPN
cjel-11734	468	8	,	,	PUNCT
cjel-11734	468	9	https://www.sec.gov/files/formn-1a.pdf	https://www.sec.gov/files/formn-1a.pdf	PUNCT
cjel-11734	469	1	[	[	X
cjel-11734	469	2	https://perma.cc/7cprcjkl	https://perma.cc/7cprcjkl	X
cjel-11734	469	3	]	]	X
cjel-11734	469	4	.	.	PUNCT
cjel-11734	470	1	125	125	NUM
cjel-11734	470	2	.	.	PUNCT
cjel-11734	470	3	quinn	quinn	PROPN
cjel-11734	470	4	curtis	curtis	PROPN
cjel-11734	470	5	et	et	PROPN
cjel-11734	470	6	al	al	PROPN
cjel-11734	470	7	.	.	PROPN
cjel-11734	470	8	,	,	PUNCT
cjel-11734	470	9	do	do	AUX
cjel-11734	470	10	esg	esg	PROPN
cjel-11734	470	11	funds	fund	NOUN
cjel-11734	470	12	deliver	deliver	VERB
cjel-11734	470	13	on	on	ADP
cjel-11734	470	14	their	their	PRON
cjel-11734	470	15	promises	promise	NOUN
cjel-11734	470	16	?	?	PUNCT
cjel-11734	470	17	,	,	PUNCT
cjel-11734	470	18	120	120	NUM
cjel-11734	470	19	mich	mich	X
cjel-11734	470	20	.	.	PUNCT
cjel-11734	471	1	l.	l.	PROPN
cjel-11734	471	2	rev	rev	PROPN
cjel-11734	471	3	.	.	PROPN
cjel-11734	471	4	393	393	NUM
cjel-11734	471	5	,	,	PUNCT
cjel-11734	471	6	407	407	NUM
cjel-11734	471	7	(	(	PUNCT
cjel-11734	471	8	2021	2021	NUM
cjel-11734	471	9	)	)	PUNCT
cjel-11734	471	10	.	.	PUNCT
cjel-11734	472	1	126	126	X
cjel-11734	472	2	.	.	PUNCT
cjel-11734	473	1	see	see	VERB
cjel-11734	473	2	sec	sec	PROPN
cjel-11734	473	3	,	,	PUNCT
cjel-11734	473	4	supra	supra	PROPN
cjel-11734	473	5	note	note	NOUN
cjel-11734	473	6	123	123	NUM
cjel-11734	473	7	,	,	PUNCT
cjel-11734	473	8	at	at	ADP
cjel-11734	473	9	ii	ii	PROPN
cjel-11734	473	10	-	-	SYM
cjel-11734	473	11	iii	iii	PROPN
cjel-11734	473	12	(	(	PUNCT
cjel-11734	473	13	“	"	PUNCT
cjel-11734	473	14	[	[	X
cjel-11734	473	15	t]he	t]he	ADV
cjel-11734	473	16	prospectus	prospectus	NOUN
cjel-11734	473	17	disclosure	disclosure	NOUN
cjel-11734	473	18	requirements	requirement	NOUN
cjel-11734	473	19	.	.	PUNCT
cjel-11734	473	20	.	.	PUNCT
cjel-11734	474	1	.	.	PUNCT
cjel-11734	475	1	are	be	AUX
cjel-11734	475	2	intended	intend	VERB
cjel-11734	475	3	to	to	PART
cjel-11734	475	4	elicit	elicit	VERB
cjel-11734	475	5	information	information	NOUN
cjel-11734	475	6	for	for	ADP
cjel-11734	475	7	an	an	DET
cjel-11734	475	8	average	average	ADJ
cjel-11734	475	9	or	or	CCONJ
cjel-11734	475	10	typical	typical	ADJ
cjel-11734	475	11	investor	investor	NOUN
cjel-11734	475	12	who	who	PRON
cjel-11734	475	13	may	may	AUX
cjel-11734	475	14	not	not	PART
cjel-11734	475	15	be	be	AUX
cjel-11734	475	16	sophisticated	sophisticate	VERB
cjel-11734	475	17	in	in	ADP
cjel-11734	475	18	legal	legal	ADJ
cjel-11734	475	19	or	or	CCONJ
cjel-11734	475	20	financial	financial	ADJ
cjel-11734	475	21	matters	matter	NOUN
cjel-11734	475	22	.	.	PUNCT
cjel-11734	475	23	.	.	PUNCT
cjel-11734	475	24	.	.	PUNCT
cjel-11734	476	1	.	.	PUNCT
cjel-11734	477	1	disclosure	disclosure	NOUN
cjel-11734	477	2	in	in	ADP
cjel-11734	477	3	the	the	DET
cjel-11734	477	4	prospectus	prospectus	NOUN
cjel-11734	477	5	should	should	AUX
cjel-11734	477	6	be	be	AUX
cjel-11734	477	7	designed	design	VERB
cjel-11734	477	8	to	to	PART
cjel-11734	477	9	assist	assist	VERB
cjel-11734	477	10	an	an	DET
cjel-11734	477	11	investor	investor	NOUN
cjel-11734	477	12	in	in	ADP
cjel-11734	477	13	comparing	compare	VERB
cjel-11734	477	14	and	and	CCONJ
cjel-11734	477	15	contrasting	contrast	VERB
cjel-11734	477	16	the	the	DET
cjel-11734	477	17	fund	fund	NOUN
cjel-11734	477	18	with	with	ADP
cjel-11734	477	19	other	other	ADJ
cjel-11734	477	20	funds	fund	NOUN
cjel-11734	477	21	.	.	PUNCT
cjel-11734	477	22	”	"	PUNCT
cjel-11734	477	23	)	)	PUNCT
cjel-11734	477	24	.	.	PUNCT
cjel-11734	478	1	127	127	NUM
cjel-11734	478	2	.	.	PUNCT
cjel-11734	479	1	i	i	PRON
cjel-11734	479	2	d.	d.	PROPN
cjel-11734	479	3	at	at	ADP
cjel-11734	479	4	iii	iii	PROPN
cjel-11734	479	5	.	.	PROPN
cjel-11734	479	6	2023	2023	NUM
cjel-11734	479	7	]	]	PUNCT
cjel-11734	479	8	green	green	ADJ
cjel-11734	479	9	funds	fund	NOUN
cjel-11734	479	10	in	in	ADP
cjel-11734	479	11	a	a	DET
cjel-11734	479	12	gray	gray	ADJ
cjel-11734	479	13	area	area	NOUN
cjel-11734	479	14	437	437	NUM
cjel-11734	479	15	over	over	ADP
cjel-11734	479	16	time	time	NOUN
cjel-11734	479	17	,	,	PUNCT
cjel-11734	479	18	efforts	effort	NOUN
cjel-11734	479	19	have	have	AUX
cjel-11734	479	20	been	be	AUX
cjel-11734	479	21	made	make	VERB
cjel-11734	479	22	to	to	PART
cjel-11734	479	23	amend	amend	VERB
cjel-11734	479	24	these	these	DET
cjel-11734	479	25	disclosures	disclosure	NOUN
cjel-11734	479	26	so	so	SCONJ
cjel-11734	479	27	they	they	PRON
cjel-11734	479	28	are	be	AUX
cjel-11734	479	29	more	more	ADV
cjel-11734	479	30	helpful	helpful	ADJ
cjel-11734	479	31	to	to	ADP
cjel-11734	479	32	retail	retail	VERB
cjel-11734	479	33	investors.128	investors.128	NOUN
cjel-11734	479	34	for	for	ADP
cjel-11734	479	35	example	example	NOUN
cjel-11734	479	36	,	,	PUNCT
cjel-11734	479	37	the	the	DET
cjel-11734	479	38	order	order	NOUN
cjel-11734	479	39	and	and	CCONJ
cjel-11734	479	40	form	form	NOUN
cjel-11734	479	41	in	in	ADP
cjel-11734	479	42	which	which	PRON
cjel-11734	479	43	information	information	NOUN
cjel-11734	479	44	is	be	AUX
cjel-11734	479	45	presented	present	VERB
cjel-11734	479	46	in	in	ADP
cjel-11734	479	47	the	the	DET
cjel-11734	479	48	summary	summary	NOUN
cjel-11734	479	49	prospectus	prospectus	NOUN
cjel-11734	479	50	is	be	AUX
cjel-11734	479	51	designed	design	VERB
cjel-11734	479	52	to	to	PART
cjel-11734	479	53	promote	promote	VERB
cjel-11734	479	54	standardization	standardization	NOUN
cjel-11734	479	55	and	and	CCONJ
cjel-11734	479	56	to	to	PART
cjel-11734	479	57	facilitate	facilitate	VERB
cjel-11734	479	58	comparison	comparison	NOUN
cjel-11734	479	59	across	across	ADP
cjel-11734	479	60	funds.129	funds.129	PROPN
cjel-11734	479	61	in	in	ADP
cjel-11734	479	62	late	late	ADJ
cjel-11734	479	63	2022	2022	NUM
cjel-11734	479	64	,	,	PUNCT
cjel-11734	479	65	a	a	DET
cjel-11734	479	66	rule	rule	NOUN
cjel-11734	479	67	was	be	AUX
cjel-11734	479	68	finalized	finalize	VERB
cjel-11734	479	69	that	that	PRON
cjel-11734	479	70	requires	require	VERB
cjel-11734	479	71	open	open	ADJ
cjel-11734	479	72	-	-	PUNCT
cjel-11734	479	73	end	end	NOUN
cjel-11734	479	74	funds	fund	NOUN
cjel-11734	479	75	to	to	PART
cjel-11734	479	76	provide	provide	VERB
cjel-11734	479	77	concise	concise	ADJ
cjel-11734	479	78	and	and	CCONJ
cjel-11734	479	79	visually	visually	ADV
cjel-11734	479	80	engaging	engage	VERB
cjel-11734	479	81	annual	annual	ADJ
cjel-11734	479	82	and	and	CCONJ
cjel-11734	479	83	semi	semi	ADJ
cjel-11734	479	84	-	-	ADJ
cjel-11734	479	85	annual	annual	ADJ
cjel-11734	479	86	reports	report	NOUN
cjel-11734	479	87	to	to	PART
cjel-11734	479	88	alleviate	alleviate	VERB
cjel-11734	479	89	concerns	concern	NOUN
cjel-11734	479	90	that	that	SCONJ
cjel-11734	479	91	retail	retail	ADJ
cjel-11734	479	92	investors	investor	NOUN
cjel-11734	479	93	found	find	VERB
cjel-11734	479	94	shareholder	shareholder	NOUN
cjel-11734	479	95	reports	report	NOUN
cjel-11734	479	96	lengthy	lengthy	ADJ
cjel-11734	479	97	,	,	PUNCT
cjel-11734	479	98	difficult	difficult	ADJ
cjel-11734	479	99	to	to	PART
cjel-11734	479	100	use	use	VERB
cjel-11734	479	101	,	,	PUNCT
cjel-11734	479	102	and	and	CCONJ
cjel-11734	479	103	not	not	PART
cjel-11734	479	104	well	well	ADV
cjel-11734	479	105	-	-	PUNCT
cjel-11734	479	106	suited	suit	VERB
cjel-11734	479	107	to	to	ADP
cjel-11734	479	108	their	their	PRON
cjel-11734	479	109	needs.130	needs.130	NOUN
cjel-11734	479	110	2	2	NUM
cjel-11734	479	111	.	.	PUNCT
cjel-11734	480	1	the	the	DET
cjel-11734	480	2	sec	sec	PROPN
cjel-11734	480	3	steps	step	NOUN
cjel-11734	480	4	in	in	ADP
cjel-11734	480	5	:	:	PUNCT
cjel-11734	480	6	two	two	NUM
cjel-11734	480	7	proposed	propose	VERB
cjel-11734	480	8	rules	rule	NOUN
cjel-11734	480	9	for	for	ADP
cjel-11734	480	10	esg	esg	NOUN
cjel-11734	480	11	funds	fund	NOUN
cjel-11734	480	12	given	give	VERB
cjel-11734	480	13	their	their	PRON
cjel-11734	480	14	previous	previous	ADJ
cjel-11734	480	15	public	public	ADJ
cjel-11734	480	16	comments	comment	NOUN
cjel-11734	480	17	on	on	ADP
cjel-11734	480	18	the	the	DET
cjel-11734	480	19	confusion	confusion	NOUN
cjel-11734	480	20	surrounding	surround	VERB
cjel-11734	480	21	esg	esg	PROPN
cjel-11734	480	22	funds131	funds131	PROPN
cjel-11734	480	23	and	and	CCONJ
cjel-11734	480	24	their	their	PRON
cjel-11734	480	25	proposed	propose	VERB
cjel-11734	480	26	climate	climate	NOUN
cjel-11734	480	27	-	-	PUNCT
cjel-11734	480	28	related	relate	VERB
cjel-11734	480	29	disclosures	disclosure	NOUN
cjel-11734	480	30	at	at	ADP
cjel-11734	480	31	the	the	DET
cjel-11734	480	32	issuer	issuer	NOUN
cjel-11734	480	33	level,132	level,132	INTJ
cjel-11734	481	1	it	it	PRON
cjel-11734	481	2	was	be	AUX
cjel-11734	481	3	widely	widely	ADV
cjel-11734	481	4	expected	expect	VERB
cjel-11734	481	5	that	that	SCONJ
cjel-11734	481	6	the	the	DET
cjel-11734	481	7	sec	sec	PROPN
cjel-11734	481	8	would	would	AUX
cjel-11734	481	9	propose	propose	VERB
cjel-11734	481	10	a	a	DET
cjel-11734	481	11	rule	rule	NOUN
cjel-11734	481	12	to	to	PART
cjel-11734	481	13	reduce	reduce	VERB
cjel-11734	481	14	misleading	mislead	VERB
cjel-11734	481	15	esg	esg	NOUN
cjel-11734	481	16	fund	fund	NOUN
cjel-11734	481	17	labeling	labeling	NOUN
cjel-11734	481	18	and	and	CCONJ
cjel-11734	481	19	disclosure	disclosure	NOUN
cjel-11734	481	20	practices	practice	NOUN
cjel-11734	481	21	as	as	ADV
cjel-11734	481	22	well	well	ADV
cjel-11734	481	23	.	.	PUNCT
cjel-11734	482	1	while	while	SCONJ
cjel-11734	482	2	the	the	DET
cjel-11734	482	3	exact	exact	ADJ
cjel-11734	482	4	form	form	NOUN
cjel-11734	482	5	and	and	CCONJ
cjel-11734	482	6	scope	scope	NOUN
cjel-11734	482	7	of	of	ADP
cjel-11734	482	8	any	any	DET
cjel-11734	482	9	future	future	ADJ
cjel-11734	482	10	regulation	regulation	NOUN
cjel-11734	482	11	was	be	AUX
cjel-11734	482	12	unknown,133	unknown,133	ADP
cjel-11734	482	13	the	the	DET
cjel-11734	482	14	sec	sec	PROPN
cjel-11734	482	15	’s	’s	PART
cjel-11734	482	16	request	request	NOUN
cjel-11734	482	17	for	for	ADP
cjel-11734	482	18	comment	comment	NOUN
cjel-11734	482	19	in	in	ADP
cjel-11734	482	20	2020	2020	NUM
cjel-11734	482	21	on	on	ADP
cjel-11734	482	22	the	the	DET
cjel-11734	482	23	names	name	NOUN
cjel-11734	482	24	rule134	rule134	PROPN
cjel-11734	482	25	strongly	strongly	ADV
cjel-11734	482	26	suggested	suggest	VERB
cjel-11734	482	27	that	that	SCONJ
cjel-11734	482	28	the	the	DET
cjel-11734	482	29	names	name	NOUN
cjel-11734	482	30	rule	rule	NOUN
cjel-11734	482	31	would	would	AUX
cjel-11734	482	32	play	play	VERB
cjel-11734	482	33	a	a	DET
cjel-11734	482	34	pivotal	pivotal	ADJ
cjel-11734	482	35	role	role	NOUN
cjel-11734	482	36	in	in	ADP
cjel-11734	482	37	the	the	DET
cjel-11734	482	38	sec	sec	PROPN
cjel-11734	482	39	’s	’s	PART
cjel-11734	482	40	plans.135	plans.135	NOUN
cjel-11734	482	41	those	those	DET
cjel-11734	482	42	expectations	expectation	NOUN
cjel-11734	482	43	came	come	VERB
cjel-11734	482	44	to	to	ADP
cjel-11734	482	45	fruition	fruition	NOUN
cjel-11734	482	46	in	in	ADP
cjel-11734	482	47	may	may	PROPN
cjel-11734	482	48	2022	2022	NUM
cjel-11734	482	49	when	when	SCONJ
cjel-11734	482	50	the	the	DET
cjel-11734	482	51	sec	sec	PROPN
cjel-11734	482	52	proposed	propose	VERB
cjel-11734	482	53	two	two	NUM
cjel-11734	482	54	rules	rule	NOUN
cjel-11734	482	55	that	that	PRON
cjel-11734	482	56	would	would	AUX
cjel-11734	482	57	change	change	VERB
cjel-11734	482	58	esg	esg	PROPN
cjel-11734	482	59	funds	fund	NOUN
cjel-11734	482	60	’	'	PUNCT
cjel-11734	482	61	naming	naming	NOUN
cjel-11734	482	62	practices	practice	NOUN
cjel-11734	482	63	and	and	CCONJ
cjel-11734	482	64	required	required	ADJ
cjel-11734	482	65	disclosures	disclosure	NOUN
cjel-11734	482	66	.	.	PUNCT
cjel-11734	483	1	the	the	DET
cjel-11734	483	2	“	"	PUNCT
cjel-11734	483	3	investment	investment	NOUN
cjel-11734	483	4	company	company	NOUN
cjel-11734	483	5	names	name	NOUN
cjel-11734	483	6	”	"	PUNCT
cjel-11734	483	7	rule	rule	VERB
cjel-11734	483	8	128	128	NUM
cjel-11734	483	9	.	.	PUNCT
cjel-11734	484	1	see	see	VERB
cjel-11734	484	2	jill	jill	PROPN
cjel-11734	484	3	e.	e.	PROPN
cjel-11734	484	4	fisch	fisch	PROPN
cjel-11734	484	5	,	,	PUNCT
cjel-11734	484	6	rethinking	rethink	VERB
cjel-11734	484	7	the	the	DET
cjel-11734	484	8	regulation	regulation	NOUN
cjel-11734	484	9	of	of	ADP
cjel-11734	484	10	securities	security	NOUN
cjel-11734	484	11	intermediaries	intermediary	NOUN
cjel-11734	484	12	,	,	PUNCT
cjel-11734	484	13	158	158	NUM
cjel-11734	484	14	u.	u.	PROPN
cjel-11734	484	15	penn	penn	PROPN
cjel-11734	484	16	.	.	PUNCT
cjel-11734	485	1	l.	l.	PROPN
cjel-11734	485	2	rev	rev	PROPN
cjel-11734	485	3	.	.	PROPN
cjel-11734	485	4	1961	1961	NUM
cjel-11734	485	5	,	,	PUNCT
cjel-11734	485	6	1968	1968	NUM
cjel-11734	485	7	(	(	PUNCT
cjel-11734	485	8	2010	2010	NUM
cjel-11734	485	9	)	)	PUNCT
cjel-11734	485	10	;	;	PUNCT
cjel-11734	485	11	see	see	VERB
cjel-11734	485	12	,	,	PUNCT
cjel-11734	485	13	e.g.	e.g.	ADV
cjel-11734	485	14	,	,	PUNCT
cjel-11734	485	15	sec	sec	PROPN
cjel-11734	485	16	,	,	PUNCT
cjel-11734	485	17	sec	sec	PROPN
cjel-11734	485	18	improves	improve	VERB
cjel-11734	485	19	disclosure	disclosure	NOUN
cjel-11734	485	20	for	for	ADP
cjel-11734	485	21	mutual	mutual	ADJ
cjel-11734	485	22	fund	fund	NOUN
cjel-11734	485	23	investors	investor	NOUN
cjel-11734	485	24	(	(	PUNCT
cjel-11734	485	25	2008	2008	NUM
cjel-11734	485	26	)	)	PUNCT
cjel-11734	485	27	(	(	PUNCT
cjel-11734	485	28	noting	note	VERB
cjel-11734	485	29	the	the	DET
cjel-11734	485	30	newly	newly	ADV
cjel-11734	485	31	modified	modify	VERB
cjel-11734	485	32	mutual	mutual	ADJ
cjel-11734	485	33	fund	fund	NOUN
cjel-11734	485	34	framework	framework	NOUN
cjel-11734	485	35	was	be	AUX
cjel-11734	485	36	developed	develop	VERB
cjel-11734	485	37	in	in	ADP
cjel-11734	485	38	response	response	NOUN
cjel-11734	485	39	to	to	ADP
cjel-11734	485	40	complaints	complaint	NOUN
cjel-11734	485	41	that	that	SCONJ
cjel-11734	485	42	prospectuses	prospectus	NOUN
cjel-11734	485	43	were	be	AUX
cjel-11734	485	44	too	too	ADV
cjel-11734	485	45	lengthy	lengthy	ADJ
cjel-11734	485	46	,	,	PUNCT
cjel-11734	485	47	legalistic	legalistic	ADJ
cjel-11734	485	48	,	,	PUNCT
cjel-11734	485	49	and	and	CCONJ
cjel-11734	485	50	confusing	confusing	ADJ
cjel-11734	485	51	)	)	PUNCT
cjel-11734	485	52	.	.	PUNCT
cjel-11734	486	1	129	129	NUM
cjel-11734	486	2	.	.	PUNCT
cjel-11734	487	1	enhanced	enhance	VERB
cjel-11734	487	2	disclosure	disclosure	NOUN
cjel-11734	487	3	and	and	CCONJ
cjel-11734	487	4	new	new	ADJ
cjel-11734	487	5	prospectus	prospectus	NOUN
cjel-11734	487	6	delivery	delivery	NOUN
cjel-11734	487	7	option	option	NOUN
cjel-11734	487	8	for	for	ADP
cjel-11734	487	9	registered	register	VERB
cjel-11734	487	10	open	open	ADJ
cjel-11734	487	11	-	-	PUNCT
cjel-11734	487	12	end	end	NOUN
cjel-11734	487	13	management	management	NOUN
cjel-11734	487	14	investment	investment	NOUN
cjel-11734	487	15	companies	company	NOUN
cjel-11734	487	16	,	,	PUNCT
cjel-11734	487	17	74	74	NUM
cjel-11734	487	18	fed	feed	VERB
cjel-11734	487	19	.	.	PUNCT
cjel-11734	488	1	reg	reg	PROPN
cjel-11734	488	2	.	.	PUNCT
cjel-11734	488	3	4546	4546	NUM
cjel-11734	488	4	(	(	PUNCT
cjel-11734	488	5	jan	jan	PROPN
cjel-11734	488	6	.	.	PROPN
cjel-11734	488	7	26	26	NUM
cjel-11734	488	8	,	,	PUNCT
cjel-11734	488	9	2009	2009	NUM
cjel-11734	488	10	)	)	PUNCT
cjel-11734	488	11	(	(	PUNCT
cjel-11734	488	12	to	to	PART
cjel-11734	488	13	be	be	AUX
cjel-11734	488	14	codified	codify	VERB
cjel-11734	488	15	at	at	ADP
cjel-11734	488	16	17	17	NUM
cjel-11734	488	17	c.f.r	c.f.r	NOUN
cjel-11734	488	18	.	.	PUNCT
cjel-11734	489	1	pts	pts	PROPN
cjel-11734	489	2	.	.	PROPN
cjel-11734	489	3	230	230	NUM
cjel-11734	489	4	,	,	PUNCT
cjel-11734	489	5	232	232	NUM
cjel-11734	489	6	,	,	PUNCT
cjel-11734	489	7	239	239	NUM
cjel-11734	489	8	and	and	CCONJ
cjel-11734	489	9	274	274	NUM
cjel-11734	489	10	)	)	PUNCT
cjel-11734	489	11	.	.	PUNCT
cjel-11734	490	1	130	130	NUM
cjel-11734	490	2	.	.	PUNCT
cjel-11734	490	3	tailored	tailor	VERB
cjel-11734	490	4	shareholder	shareholder	NOUN
cjel-11734	490	5	reports	report	NOUN
cjel-11734	490	6	for	for	ADP
cjel-11734	490	7	mutual	mutual	ADJ
cjel-11734	490	8	funds	fund	NOUN
cjel-11734	490	9	and	and	CCONJ
cjel-11734	490	10	exchange	exchange	NOUN
cjel-11734	490	11	-	-	PUNCT
cjel-11734	490	12	traded	trade	VERB
cjel-11734	490	13	funds	fund	NOUN
cjel-11734	490	14	;	;	PUNCT
cjel-11734	490	15	fee	fee	NOUN
cjel-11734	490	16	information	information	NOUN
cjel-11734	490	17	in	in	ADP
cjel-11734	490	18	investment	investment	NOUN
cjel-11734	490	19	company	company	NOUN
cjel-11734	490	20	advertisements	advertisement	NOUN
cjel-11734	490	21	,	,	PUNCT
cjel-11734	490	22	87	87	NUM
cjel-11734	490	23	fed	fed	PROPN
cjel-11734	490	24	.	.	PUNCT
cjel-11734	491	1	reg	reg	NOUN
cjel-11734	491	2	.	.	PUNCT
cjel-11734	492	1	72,759	72,759	NUM
cjel-11734	492	2	(	(	PUNCT
cjel-11734	492	3	nov	nov	PROPN
cjel-11734	492	4	.	.	PROPN
cjel-11734	492	5	25	25	NUM
cjel-11734	492	6	,	,	PUNCT
cjel-11734	492	7	2022	2022	NUM
cjel-11734	492	8	)	)	PUNCT
cjel-11734	492	9	(	(	PUNCT
cjel-11734	492	10	to	to	PART
cjel-11734	492	11	be	be	AUX
cjel-11734	492	12	codified	codify	VERB
cjel-11734	492	13	at	at	ADP
cjel-11734	492	14	17	17	NUM
cjel-11734	492	15	c.f.r	c.f.r	NOUN
cjel-11734	492	16	.	.	PUNCT
cjel-11734	493	1	pts	pts	PROPN
cjel-11734	493	2	.	.	PROPN
cjel-11734	493	3	200	200	NUM
cjel-11734	493	4	,	,	PUNCT
cjel-11734	493	5	230	230	NUM
cjel-11734	493	6	,	,	PUNCT
cjel-11734	493	7	232	232	NUM
cjel-11734	493	8	,	,	PUNCT
cjel-11734	493	9	239	239	NUM
cjel-11734	493	10	,	,	PUNCT
cjel-11734	493	11	249	249	NUM
cjel-11734	493	12	,	,	PUNCT
cjel-11734	493	13	270	270	NUM
cjel-11734	493	14	,	,	PUNCT
cjel-11734	493	15	and	and	CCONJ
cjel-11734	493	16	274	274	NUM
cjel-11734	493	17	)	)	PUNCT
cjel-11734	493	18	.	.	PUNCT
cjel-11734	494	1	131	131	X
cjel-11734	494	2	.	.	PUNCT
cjel-11734	495	1	see	see	VERB
cjel-11734	495	2	roisman	roisman	NOUN
cjel-11734	495	3	,	,	PUNCT
cjel-11734	495	4	supra	supra	PROPN
cjel-11734	495	5	note	note	PROPN
cjel-11734	495	6	121	121	NUM
cjel-11734	495	7	;	;	PUNCT
cjel-11734	495	8	lee	lee	PROPN
cjel-11734	495	9	,	,	PUNCT
cjel-11734	495	10	supra	supra	PROPN
cjel-11734	495	11	note	note	VERB
cjel-11734	495	12	122	122	NUM
cjel-11734	495	13	.	.	PUNCT
cjel-11734	496	1	132	132	NUM
cjel-11734	496	2	.	.	PUNCT
cjel-11734	497	1	the	the	DET
cjel-11734	497	2	enhancement	enhancement	NOUN
cjel-11734	497	3	and	and	CCONJ
cjel-11734	497	4	standardization	standardization	NOUN
cjel-11734	497	5	of	of	ADP
cjel-11734	497	6	climate	climate	NOUN
cjel-11734	497	7	-	-	PUNCT
cjel-11734	497	8	related	relate	VERB
cjel-11734	497	9	disclosures	disclosure	NOUN
cjel-11734	497	10	for	for	ADP
cjel-11734	497	11	investors	investor	NOUN
cjel-11734	497	12	,	,	PUNCT
cjel-11734	497	13	87	87	NUM
cjel-11734	497	14	fed	fed	PROPN
cjel-11734	497	15	.	.	PUNCT
cjel-11734	498	1	reg	reg	PROPN
cjel-11734	498	2	.	.	PUNCT
cjel-11734	499	1	21,334	21,334	NUM
cjel-11734	499	2	(	(	PUNCT
cjel-11734	499	3	apr	apr	NOUN
cjel-11734	499	4	.	.	PROPN
cjel-11734	499	5	11	11	NUM
cjel-11734	499	6	,	,	PUNCT
cjel-11734	499	7	2022	2022	NUM
cjel-11734	499	8	)	)	PUNCT
cjel-11734	499	9	(	(	PUNCT
cjel-11734	499	10	to	to	PART
cjel-11734	499	11	be	be	AUX
cjel-11734	499	12	codified	codify	VERB
cjel-11734	499	13	at	at	ADP
cjel-11734	499	14	17	17	NUM
cjel-11734	499	15	c.f.r	c.f.r	NOUN
cjel-11734	499	16	.	.	PUNCT
cjel-11734	500	1	pts	pts	PROPN
cjel-11734	500	2	.	.	PROPN
cjel-11734	500	3	210	210	NUM
cjel-11734	500	4	,	,	PUNCT
cjel-11734	500	5	229	229	NUM
cjel-11734	500	6	,	,	PUNCT
cjel-11734	500	7	232	232	NUM
cjel-11734	500	8	,	,	PUNCT
cjel-11734	500	9	239	239	NUM
cjel-11734	500	10	,	,	PUNCT
cjel-11734	500	11	and	and	CCONJ
cjel-11734	500	12	249	249	NUM
cjel-11734	500	13	)	)	PUNCT
cjel-11734	500	14	.	.	PUNCT
cjel-11734	501	1	133	133	NUM
cjel-11734	501	2	.	.	PUNCT
cjel-11734	502	1	a	a	DET
cjel-11734	502	2	wide	wide	ADJ
cjel-11734	502	3	range	range	NOUN
cjel-11734	502	4	of	of	ADP
cjel-11734	502	5	possibilities	possibility	NOUN
cjel-11734	502	6	,	,	PUNCT
cjel-11734	502	7	ranging	range	VERB
cjel-11734	502	8	from	from	ADP
cjel-11734	502	9	inaction	inaction	NOUN
cjel-11734	502	10	to	to	ADP
cjel-11734	502	11	strong	strong	ADJ
cjel-11734	502	12	intervention	intervention	NOUN
cjel-11734	502	13	are	be	AUX
cjel-11734	502	14	described	describe	VERB
cjel-11734	502	15	by	by	ADP
cjel-11734	502	16	the	the	DET
cjel-11734	502	17	sec	sec	PROPN
cjel-11734	502	18	itself	itself	PRON
cjel-11734	502	19	.	.	PUNCT
cjel-11734	503	1	esg	esg	PROPN
cjel-11734	503	2	subcomm	subcomm	NOUN
cjel-11734	503	3	.	.	PUNCT
cjel-11734	503	4	,	,	PUNCT
cjel-11734	503	5	sec	sec	PROPN
cjel-11734	503	6	asset	asset	NOUN
cjel-11734	503	7	mgmt	mgmt	PROPN
cjel-11734	503	8	.	.	PUNCT
cjel-11734	504	1	advisory	advisory	ADJ
cjel-11734	504	2	comm	comm	NOUN
cjel-11734	504	3	.	.	PUNCT
cjel-11734	504	4	,	,	PUNCT
cjel-11734	504	5	update	update	NOUN
cjel-11734	504	6	on	on	ADP
cjel-11734	504	7	progress	progress	NOUN
cjel-11734	504	8	in	in	ADP
cjel-11734	504	9	esg	esg	PROPN
cjel-11734	504	10	subcommittee	subcommittee	NOUN
cjel-11734	504	11	7	7	NUM
cjel-11734	504	12	(	(	PUNCT
cjel-11734	504	13	sept	sept	PROPN
cjel-11734	504	14	.	.	PROPN
cjel-11734	504	15	16	16	NUM
cjel-11734	504	16	,	,	PUNCT
cjel-11734	504	17	2020	2020	NUM
cjel-11734	504	18	)	)	PUNCT
cjel-11734	504	19	(	(	PUNCT
cjel-11734	504	20	“	"	PUNCT
cjel-11734	504	21	e	e	NOUN
cjel-11734	504	22	,	,	PUNCT
cjel-11734	504	23	s	s	PROPN
cjel-11734	504	24	&	&	CCONJ
cjel-11734	504	25	g	g	PROPN
cjel-11734	504	26	can	can	AUX
cjel-11734	504	27	vary	vary	VERB
cjel-11734	504	28	broadly	broadly	ADV
cjel-11734	504	29	in	in	ADP
cjel-11734	504	30	how	how	SCONJ
cjel-11734	504	31	they	they	PRON
cjel-11734	504	32	are	be	AUX
cjel-11734	504	33	defined	define	VERB
cjel-11734	504	34	and	and	CCONJ
cjel-11734	504	35	what	what	PRON
cjel-11734	504	36	they	they	PRON
cjel-11734	504	37	imply	imply	VERB
cjel-11734	504	38	in	in	ADP
cjel-11734	504	39	an	an	DET
cjel-11734	504	40	investment	investment	NOUN
cjel-11734	504	41	context	context	NOUN
cjel-11734	504	42	.	.	PUNCT
cjel-11734	504	43	”	"	PUNCT
cjel-11734	504	44	)	)	PUNCT
cjel-11734	504	45	.	.	PUNCT
cjel-11734	505	1	as	as	ADP
cjel-11734	505	2	an	an	DET
cjel-11734	505	3	interim	interim	ADJ
cjel-11734	505	4	step	step	NOUN
cjel-11734	505	5	,	,	PUNCT
cjel-11734	505	6	the	the	DET
cjel-11734	505	7	sec	sec	PROPN
cjel-11734	505	8	announced	announce	VERB
cjel-11734	505	9	it	it	PRON
cjel-11734	505	10	formed	form	VERB
cjel-11734	505	11	a	a	DET
cjel-11734	505	12	task	task	NOUN
cjel-11734	505	13	force	force	NOUN
cjel-11734	505	14	to	to	PART
cjel-11734	505	15	“	"	PUNCT
cjel-11734	505	16	identify	identify	VERB
cjel-11734	505	17	any	any	DET
cjel-11734	505	18	material	material	NOUN
cjel-11734	505	19	gaps	gap	NOUN
cjel-11734	505	20	or	or	CCONJ
cjel-11734	505	21	misstatements	misstatement	NOUN
cjel-11734	505	22	in	in	ADP
cjel-11734	505	23	issuers	issuer	NOUN
cjel-11734	505	24	’	'	PUNCT
cjel-11734	505	25	disclosure	disclosure	NOUN
cjel-11734	505	26	of	of	ADP
cjel-11734	505	27	climate	climate	NOUN
cjel-11734	505	28	risks	risk	NOUN
cjel-11734	505	29	under	under	ADP
cjel-11734	505	30	existing	exist	VERB
cjel-11734	505	31	rules	rule	NOUN
cjel-11734	505	32	”	"	PUNCT
cjel-11734	505	33	and	and	CCONJ
cjel-11734	505	34	also	also	ADV
cjel-11734	505	35	scrutinize	scrutinize	VERB
cjel-11734	505	36	“	"	PUNCT
cjel-11734	505	37	disclosure	disclosure	NOUN
cjel-11734	505	38	and	and	CCONJ
cjel-11734	505	39	compliance	compliance	NOUN
cjel-11734	505	40	issues	issue	NOUN
cjel-11734	505	41	relating	relate	VERB
cjel-11734	505	42	to	to	ADP
cjel-11734	505	43	investment	investment	NOUN
cjel-11734	505	44	advisors	advisor	NOUN
cjel-11734	505	45	’	'	PUNCT
cjel-11734	505	46	and	and	CCONJ
cjel-11734	505	47	funds	fund	NOUN
cjel-11734	505	48	’	'	PUNCT
cjel-11734	505	49	esg	esg	NOUN
cjel-11734	505	50	strategies	strategy	NOUN
cjel-11734	505	51	.	.	PUNCT
cjel-11734	505	52	”	"	PUNCT
cjel-11734	506	1	press	press	NOUN
cjel-11734	506	2	release	release	NOUN
cjel-11734	506	3	,	,	PUNCT
cjel-11734	506	4	sec	sec	PROPN
cjel-11734	506	5	,	,	PUNCT
cjel-11734	506	6	sec	sec	PROPN
cjel-11734	506	7	announces	announce	VERB
cjel-11734	506	8	enforcement	enforcement	NOUN
cjel-11734	506	9	task	task	NOUN
cjel-11734	506	10	force	force	NOUN
cjel-11734	506	11	focused	focus	VERB
cjel-11734	506	12	on	on	ADP
cjel-11734	506	13	climate	climate	NOUN
cjel-11734	506	14	and	and	CCONJ
cjel-11734	506	15	esg	esg	PROPN
cjel-11734	506	16	issues	issue	NOUN
cjel-11734	506	17	(	(	PUNCT
cjel-11734	506	18	mar	mar	PROPN
cjel-11734	506	19	.	.	PROPN
cjel-11734	506	20	4	4	NUM
cjel-11734	506	21	,	,	PUNCT
cjel-11734	506	22	2021	2021	NUM
cjel-11734	506	23	)	)	PUNCT
cjel-11734	506	24	.	.	PUNCT
cjel-11734	507	1	134	134	NUM
cjel-11734	507	2	.	.	PUNCT
cjel-11734	507	3	request	request	NOUN
cjel-11734	507	4	for	for	ADP
cjel-11734	507	5	comments	comment	NOUN
cjel-11734	507	6	on	on	ADP
cjel-11734	507	7	fund	fund	NOUN
cjel-11734	507	8	names	name	NOUN
cjel-11734	507	9	,	,	PUNCT
cjel-11734	507	10	85	85	NUM
cjel-11734	507	11	fed	feed	VERB
cjel-11734	507	12	.	.	PUNCT
cjel-11734	508	1	reg	reg	PROPN
cjel-11734	508	2	.	.	PUNCT
cjel-11734	509	1	at	at	ADP
cjel-11734	509	2	13,221	13,221	NUM
cjel-11734	509	3	.	.	PUNCT
cjel-11734	509	4	135	135	NUM
cjel-11734	509	5	.	.	PUNCT
cjel-11734	510	1	curtis	curtis	PROPN
cjel-11734	510	2	et	et	PROPN
cjel-11734	510	3	al	al	PROPN
cjel-11734	510	4	.	.	PROPN
cjel-11734	510	5	,	,	PUNCT
cjel-11734	510	6	supra	supra	PROPN
cjel-11734	510	7	note	note	PROPN
cjel-11734	510	8	79	79	NUM
cjel-11734	510	9	,	,	PUNCT
cjel-11734	510	10	at	at	ADP
cjel-11734	510	11	411	411	NUM
cjel-11734	510	12	.	.	PUNCT
cjel-11734	511	1	438	438	NUM
cjel-11734	511	2	columbia	columbia	PROPN
cjel-11734	511	3	journal	journal	PROPN
cjel-11734	511	4	of	of	ADP
cjel-11734	511	5	environmental	environmental	ADJ
cjel-11734	511	6	law	law	NOUN
cjel-11734	511	7	[	[	X
cjel-11734	511	8	vol.48:2	vol.48:2	NOUN
cjel-11734	511	9	(	(	PUNCT
cjel-11734	511	10	the	the	DET
cjel-11734	511	11	“	"	PUNCT
cjel-11734	511	12	proposed	propose	VERB
cjel-11734	511	13	names	name	NOUN
cjel-11734	511	14	rule	rule	NOUN
cjel-11734	511	15	”	"	PUNCT
cjel-11734	511	16	)	)	PUNCT
cjel-11734	511	17	would	would	AUX
cjel-11734	511	18	regulate	regulate	VERB
cjel-11734	511	19	how	how	SCONJ
cjel-11734	511	20	funds	fund	NOUN
cjel-11734	511	21	use	use	VERB
cjel-11734	511	22	esgrelated	esgrelate	VERB
cjel-11734	511	23	terms	term	NOUN
cjel-11734	511	24	in	in	ADP
cjel-11734	511	25	their	their	PRON
cjel-11734	511	26	names.136	names.136	NOUN
cjel-11734	511	27	the	the	DET
cjel-11734	511	28	“	"	PUNCT
cjel-11734	511	29	enhanced	enhance	VERB
cjel-11734	511	30	disclosures	disclosure	NOUN
cjel-11734	511	31	by	by	ADP
cjel-11734	511	32	certain	certain	ADJ
cjel-11734	511	33	investment	investment	NOUN
cjel-11734	511	34	advisers	adviser	NOUN
cjel-11734	511	35	and	and	CCONJ
cjel-11734	511	36	investment	investment	NOUN
cjel-11734	511	37	companies	company	NOUN
cjel-11734	511	38	about	about	ADP
cjel-11734	511	39	environmental	environmental	ADJ
cjel-11734	511	40	,	,	PUNCT
cjel-11734	511	41	social	social	ADJ
cjel-11734	511	42	,	,	PUNCT
cjel-11734	511	43	and	and	CCONJ
cjel-11734	511	44	governance	governance	NOUN
cjel-11734	511	45	investment	investment	NOUN
cjel-11734	511	46	practices	practice	NOUN
cjel-11734	511	47	”	"	PUNCT
cjel-11734	511	48	rule	rule	NOUN
cjel-11734	511	49	(	(	PUNCT
cjel-11734	511	50	the	the	DET
cjel-11734	511	51	“	"	PUNCT
cjel-11734	511	52	proposed	propose	VERB
cjel-11734	511	53	esg	esg	PROPN
cjel-11734	511	54	fund	fund	NOUN
cjel-11734	511	55	rule	rule	NOUN
cjel-11734	511	56	”	"	PUNCT
cjel-11734	511	57	)	)	PUNCT
cjel-11734	511	58	would	would	AUX
cjel-11734	511	59	require	require	VERB
cjel-11734	511	60	esg	esg	PROPN
cjel-11734	511	61	funds	fund	NOUN
cjel-11734	511	62	to	to	PART
cjel-11734	511	63	disclose	disclose	VERB
cjel-11734	511	64	certain	certain	ADJ
cjel-11734	511	65	information	information	NOUN
cjel-11734	511	66	depending	depend	VERB
cjel-11734	511	67	on	on	ADP
cjel-11734	511	68	the	the	DET
cjel-11734	511	69	extent	extent	NOUN
cjel-11734	511	70	to	to	PART
cjel-11734	511	71	which	which	PRON
cjel-11734	511	72	those	those	DET
cjel-11734	511	73	funds	fund	NOUN
cjel-11734	511	74	consider	consider	VERB
cjel-11734	511	75	esg	esg	NOUN
cjel-11734	511	76	factors	factor	NOUN
cjel-11734	511	77	within	within	ADP
cjel-11734	511	78	their	their	PRON
cjel-11734	511	79	respective	respective	ADJ
cjel-11734	511	80	investment	investment	NOUN
cjel-11734	511	81	selection	selection	NOUN
cjel-11734	511	82	processes.137	processes.137	PROPN
cjel-11734	511	83	a.	a.	NOUN
cjel-11734	511	84	the	the	DET
cjel-11734	511	85	proposed	propose	VERB
cjel-11734	511	86	esg	esg	PROPN
cjel-11734	511	87	fund	fund	PROPN
cjel-11734	511	88	rule	rule	VERB
cjel-11734	511	89	the	the	DET
cjel-11734	511	90	proposed	propose	VERB
cjel-11734	511	91	esg	esg	PROPN
cjel-11734	511	92	fund	fund	NOUN
cjel-11734	511	93	rule	rule	NOUN
cjel-11734	511	94	is	be	AUX
cjel-11734	511	95	designed	design	VERB
cjel-11734	511	96	to	to	PART
cjel-11734	511	97	“	"	PUNCT
cjel-11734	511	98	create	create	VERB
cjel-11734	511	99	a	a	DET
cjel-11734	511	100	consistent	consistent	ADJ
cjel-11734	511	101	,	,	PUNCT
cjel-11734	511	102	comparable	comparable	ADJ
cjel-11734	511	103	,	,	PUNCT
cjel-11734	511	104	and	and	CCONJ
cjel-11734	511	105	decision	decision	NOUN
cjel-11734	511	106	-	-	PUNCT
cjel-11734	511	107	useful	useful	ADJ
cjel-11734	511	108	regulatory	regulatory	ADJ
cjel-11734	511	109	framework	framework	NOUN
cjel-11734	511	110	for	for	ADP
cjel-11734	511	111	esg	esg	PROPN
cjel-11734	511	112	advisory	advisory	ADJ
cjel-11734	511	113	services	service	NOUN
cjel-11734	511	114	and	and	CCONJ
cjel-11734	511	115	investment	investment	NOUN
cjel-11734	511	116	companies	company	NOUN
cjel-11734	511	117	to	to	PART
cjel-11734	511	118	inform	inform	VERB
cjel-11734	511	119	and	and	CCONJ
cjel-11734	511	120	protect	protect	VERB
cjel-11734	511	121	investors	investor	NOUN
cjel-11734	511	122	while	while	SCONJ
cjel-11734	511	123	facilitating	facilitate	VERB
cjel-11734	511	124	further	further	ADJ
cjel-11734	511	125	innovation	innovation	NOUN
cjel-11734	511	126	in	in	ADP
cjel-11734	511	127	this	this	DET
cjel-11734	511	128	evolving	evolve	VERB
cjel-11734	511	129	area	area	NOUN
cjel-11734	511	130	of	of	ADP
cjel-11734	511	131	the	the	DET
cjel-11734	511	132	asset	asset	NOUN
cjel-11734	511	133	management	management	NOUN
cjel-11734	511	134	industry	industry	NOUN
cjel-11734	511	135	.	.	PUNCT
cjel-11734	512	1	”138	”138	PROPN
cjel-11734	512	2	to	to	ADP
cjel-11734	512	3	this	this	DET
cjel-11734	512	4	end	end	NOUN
cjel-11734	512	5	,	,	PUNCT
cjel-11734	512	6	the	the	DET
cjel-11734	512	7	sec	sec	PROPN
cjel-11734	512	8	created	create	VERB
cjel-11734	512	9	a	a	DET
cjel-11734	512	10	classification	classification	NOUN
cjel-11734	512	11	system	system	NOUN
cjel-11734	512	12	that	that	PRON
cjel-11734	512	13	groups	group	NOUN
cjel-11734	512	14	esg	esg	PROPN
cjel-11734	512	15	funds	fund	NOUN
cjel-11734	512	16	into	into	ADP
cjel-11734	512	17	two	two	NUM
cjel-11734	512	18	groups	group	NOUN
cjel-11734	512	19	.	.	PUNCT
cjel-11734	513	1	the	the	DET
cjel-11734	513	2	proposal	proposal	NOUN
cjel-11734	513	3	would	would	AUX
cjel-11734	513	4	then	then	ADV
cjel-11734	513	5	require	require	VERB
cjel-11734	513	6	funds	fund	NOUN
cjel-11734	513	7	to	to	PART
cjel-11734	513	8	disclose	disclose	VERB
cjel-11734	513	9	,	,	PUNCT
cjel-11734	513	10	in	in	ADP
cjel-11734	513	11	a	a	DET
cjel-11734	513	12	layered	layered	ADJ
cjel-11734	513	13	format	format	NOUN
cjel-11734	513	14	,	,	PUNCT
cjel-11734	513	15	specific	specific	ADJ
cjel-11734	513	16	information	information	NOUN
cjel-11734	513	17	regarding	regard	VERB
cjel-11734	513	18	their	their	PRON
cjel-11734	513	19	investment	investment	NOUN
cjel-11734	513	20	strategies	strategy	NOUN
cjel-11734	513	21	;	;	PUNCT
cjel-11734	513	22	the	the	DET
cjel-11734	513	23	exact	exact	ADJ
cjel-11734	513	24	disclosure	disclosure	NOUN
cjel-11734	513	25	requirements	requirement	NOUN
cjel-11734	513	26	would	would	AUX
cjel-11734	513	27	vary	vary	VERB
cjel-11734	513	28	depending	depend	VERB
cjel-11734	513	29	on	on	ADP
cjel-11734	513	30	the	the	DET
cjel-11734	513	31	extent	extent	NOUN
cjel-11734	513	32	to	to	PART
cjel-11734	513	33	which	which	PRON
cjel-11734	513	34	they	they	PRON
cjel-11734	513	35	consider	consider	VERB
cjel-11734	513	36	esg	esg	NOUN
cjel-11734	513	37	factors	factor	NOUN
cjel-11734	513	38	.	.	PUNCT
cjel-11734	514	1	the	the	PRON
cjel-11734	514	2	more	more	ADV
cjel-11734	514	3	a	a	DET
cjel-11734	514	4	fund	fund	NOUN
cjel-11734	514	5	considers	consider	VERB
cjel-11734	514	6	esg	esg	NOUN
cjel-11734	514	7	factors	factor	NOUN
cjel-11734	514	8	,	,	PUNCT
cjel-11734	514	9	the	the	PRON
cjel-11734	514	10	more	more	ADJ
cjel-11734	514	11	it	it	PRON
cjel-11734	514	12	must	must	AUX
cjel-11734	514	13	disclose	disclose	VERB
cjel-11734	514	14	.	.	PUNCT
cjel-11734	515	1	the	the	DET
cjel-11734	515	2	broadest	broad	ADJ
cjel-11734	515	3	group	group	NOUN
cjel-11734	515	4	of	of	ADP
cjel-11734	515	5	funds	fund	NOUN
cjel-11734	515	6	under	under	ADP
cjel-11734	515	7	the	the	DET
cjel-11734	515	8	proposal	proposal	NOUN
cjel-11734	515	9	would	would	AUX
cjel-11734	515	10	be	be	AUX
cjel-11734	515	11	called	call	VERB
cjel-11734	515	12	“	"	PUNCT
cjel-11734	515	13	integration	integration	NOUN
cjel-11734	515	14	”	"	PUNCT
cjel-11734	515	15	funds	fund	NOUN
cjel-11734	515	16	.	.	PUNCT
cjel-11734	516	1	integration	integration	NOUN
cjel-11734	516	2	funds	fund	NOUN
cjel-11734	516	3	“	"	PUNCT
cjel-11734	516	4	consider	consider	VERB
cjel-11734	516	5	one	one	NUM
cjel-11734	516	6	or	or	CCONJ
cjel-11734	516	7	more	more	ADJ
cjel-11734	516	8	esg	esg	NOUN
cjel-11734	516	9	factors	factor	NOUN
cjel-11734	516	10	alongside	alongside	ADP
cjel-11734	516	11	other	other	ADJ
cjel-11734	516	12	,	,	PUNCT
cjel-11734	516	13	non	non	ADJ
cjel-11734	516	14	-	-	ADJ
cjel-11734	516	15	esg	esg	ADJ
cjel-11734	516	16	factors	factor	NOUN
cjel-11734	516	17	in	in	ADP
cjel-11734	516	18	investment	investment	NOUN
cjel-11734	516	19	decisions	decision	NOUN
cjel-11734	516	20	.	.	PUNCT
cjel-11734	516	21	”139	”139	PUNCT
cjel-11734	517	1	under	under	ADP
cjel-11734	517	2	the	the	DET
cjel-11734	517	3	sec	sec	PROPN
cjel-11734	517	4	’s	’s	PART
cjel-11734	517	5	proposal	proposal	NOUN
cjel-11734	517	6	,	,	PUNCT
cjel-11734	517	7	integration	integration	NOUN
cjel-11734	517	8	funds	fund	NOUN
cjel-11734	517	9	may	may	AUX
cjel-11734	517	10	take	take	VERB
cjel-11734	517	11	into	into	ADP
cjel-11734	517	12	account	account	NOUN
cjel-11734	517	13	esg	esg	NOUN
cjel-11734	517	14	factors	factor	NOUN
cjel-11734	517	15	,	,	PUNCT
cjel-11734	517	16	but	but	CCONJ
cjel-11734	517	17	not	not	PART
cjel-11734	517	18	in	in	ADP
cjel-11734	517	19	a	a	DET
cjel-11734	517	20	way	way	NOUN
cjel-11734	517	21	that	that	PRON
cjel-11734	517	22	would	would	AUX
cjel-11734	517	23	make	make	VERB
cjel-11734	517	24	them	they	PRON
cjel-11734	517	25	“	"	PUNCT
cjel-11734	517	26	dispositive	dispositive	NOUN
cjel-11734	517	27	compared	compare	VERB
cjel-11734	517	28	to	to	ADP
cjel-11734	517	29	other	other	ADJ
cjel-11734	517	30	factors	factor	NOUN
cjel-11734	517	31	.	.	PUNCT
cjel-11734	518	1	”140	”140	NOUN
cjel-11734	518	2	because	because	SCONJ
cjel-11734	518	3	integration	integration	NOUN
cjel-11734	518	4	funds	fund	NOUN
cjel-11734	518	5	do	do	AUX
cjel-11734	518	6	not	not	PART
cjel-11734	518	7	give	give	VERB
cjel-11734	518	8	any	any	DET
cjel-11734	518	9	particular	particular	ADJ
cjel-11734	518	10	weight	weight	NOUN
cjel-11734	518	11	to	to	ADP
cjel-11734	518	12	esg	esg	NOUN
cjel-11734	518	13	factors	factor	NOUN
cjel-11734	518	14	,	,	PUNCT
cjel-11734	518	15	they	they	PRON
cjel-11734	518	16	would	would	AUX
cjel-11734	518	17	fall	fall	VERB
cjel-11734	518	18	firmly	firmly	ADV
cjel-11734	518	19	at	at	ADP
cjel-11734	518	20	the	the	DET
cjel-11734	518	21	returns	return	NOUN
cjel-11734	518	22	end	end	NOUN
cjel-11734	518	23	of	of	ADP
cjel-11734	518	24	the	the	DET
cjel-11734	518	25	returns	return	NOUN
cjel-11734	518	26	-	-	PUNCT
cjel-11734	518	27	impact	impact	NOUN
cjel-11734	518	28	spectrum	spectrum	NOUN
cjel-11734	518	29	referenced	reference	VERB
cjel-11734	518	30	in	in	ADP
cjel-11734	518	31	part	part	NOUN
cjel-11734	518	32	ii(a)(3	ii(a)(3	NOUN
cjel-11734	518	33	)	)	PUNCT
cjel-11734	518	34	.	.	PUNCT
cjel-11734	519	1	integration	integration	NOUN
cjel-11734	519	2	funds	fund	NOUN
cjel-11734	519	3	’	'	PUNCT
cjel-11734	519	4	limited	limited	ADJ
cjel-11734	519	5	exposure	exposure	NOUN
cjel-11734	519	6	to	to	ADP
cjel-11734	519	7	esg	esg	PROPN
cjel-11734	519	8	factors	factor	NOUN
cjel-11734	519	9	is	be	AUX
cjel-11734	519	10	probably	probably	ADV
cjel-11734	519	11	why	why	SCONJ
cjel-11734	519	12	the	the	DET
cjel-11734	519	13	sec	sec	PROPN
cjel-11734	519	14	stated	state	VERB
cjel-11734	519	15	that	that	SCONJ
cjel-11734	519	16	they	they	PRON
cjel-11734	519	17	can	can	AUX
cjel-11734	519	18	not	not	PART
cjel-11734	519	19	use	use	VERB
cjel-11734	519	20	esg	esg	NOUN
cjel-11734	519	21	-	-	PUNCT
cjel-11734	519	22	related	relate	VERB
cjel-11734	519	23	terms	term	NOUN
cjel-11734	519	24	in	in	ADP
cjel-11734	519	25	their	their	PRON
cjel-11734	519	26	names	name	NOUN
cjel-11734	519	27	;	;	PUNCT
cjel-11734	519	28	136	136	NUM
cjel-11734	519	29	.	.	PUNCT
cjel-11734	520	1	investment	investment	NOUN
cjel-11734	520	2	company	company	NOUN
cjel-11734	520	3	names	name	NOUN
cjel-11734	520	4	,	,	PUNCT
cjel-11734	520	5	87	87	NUM
cjel-11734	520	6	fed	fed	PROPN
cjel-11734	520	7	.	.	PUNCT
cjel-11734	521	1	reg	reg	PROPN
cjel-11734	521	2	.	.	PUNCT
cjel-11734	522	1	36,594	36,594	NUM
cjel-11734	522	2	(	(	PUNCT
cjel-11734	522	3	june	june	PROPN
cjel-11734	522	4	17	17	NUM
cjel-11734	522	5	,	,	PUNCT
cjel-11734	522	6	2022	2022	NUM
cjel-11734	522	7	)	)	PUNCT
cjel-11734	522	8	(	(	PUNCT
cjel-11734	522	9	to	to	PART
cjel-11734	522	10	be	be	AUX
cjel-11734	522	11	codified	codify	VERB
cjel-11734	522	12	at	at	ADP
cjel-11734	522	13	17	17	NUM
cjel-11734	522	14	c.f.r	c.f.r	NOUN
cjel-11734	522	15	.	.	PUNCT
cjel-11734	523	1	pts	pts	PROPN
cjel-11734	523	2	.	.	PROPN
cjel-11734	523	3	230	230	NUM
cjel-11734	523	4	,	,	PUNCT
cjel-11734	523	5	232	232	NUM
cjel-11734	523	6	,	,	PUNCT
cjel-11734	523	7	239	239	NUM
cjel-11734	523	8	,	,	PUNCT
cjel-11734	523	9	270	270	NUM
cjel-11734	523	10	,	,	PUNCT
cjel-11734	523	11	and	and	CCONJ
cjel-11734	523	12	274	274	NUM
cjel-11734	523	13	)	)	PUNCT
cjel-11734	523	14	.	.	PUNCT
cjel-11734	524	1	137	137	NUM
cjel-11734	524	2	.	.	PUNCT
cjel-11734	525	1	enhanced	enhance	VERB
cjel-11734	525	2	disclosures	disclosure	NOUN
cjel-11734	525	3	by	by	ADP
cjel-11734	525	4	certain	certain	ADJ
cjel-11734	525	5	investment	investment	NOUN
cjel-11734	525	6	advisers	adviser	NOUN
cjel-11734	525	7	and	and	CCONJ
cjel-11734	525	8	investment	investment	NOUN
cjel-11734	525	9	companies	company	NOUN
cjel-11734	525	10	about	about	ADP
cjel-11734	525	11	environmental	environmental	ADJ
cjel-11734	525	12	,	,	PUNCT
cjel-11734	525	13	social	social	ADJ
cjel-11734	525	14	,	,	PUNCT
cjel-11734	525	15	and	and	CCONJ
cjel-11734	525	16	governance	governance	NOUN
cjel-11734	525	17	investment	investment	NOUN
cjel-11734	525	18	practices	practice	NOUN
cjel-11734	525	19	,	,	PUNCT
cjel-11734	525	20	87	87	NUM
cjel-11734	525	21	fed	fed	PROPN
cjel-11734	525	22	.	.	PUNCT
cjel-11734	526	1	reg	reg	PROPN
cjel-11734	526	2	.	.	PROPN
cjel-11734	527	1	36,654	36,654	NUM
cjel-11734	527	2	(	(	PUNCT
cjel-11734	527	3	june	june	PROPN
cjel-11734	527	4	17	17	NUM
cjel-11734	527	5	,	,	PUNCT
cjel-11734	527	6	2022	2022	NUM
cjel-11734	527	7	)	)	PUNCT
cjel-11734	527	8	(	(	PUNCT
cjel-11734	527	9	to	to	PART
cjel-11734	527	10	be	be	AUX
cjel-11734	527	11	codified	codify	VERB
cjel-11734	527	12	at	at	ADP
cjel-11734	527	13	17	17	NUM
cjel-11734	527	14	c.f.r	c.f.r	NOUN
cjel-11734	527	15	.	.	PUNCT
cjel-11734	528	1	pts	pts	PROPN
cjel-11734	528	2	.	.	PROPN
cjel-11734	528	3	200	200	NUM
cjel-11734	528	4	,	,	PUNCT
cjel-11734	528	5	232	232	NUM
cjel-11734	528	6	,	,	PUNCT
cjel-11734	528	7	239	239	NUM
cjel-11734	528	8	,	,	PUNCT
cjel-11734	528	9	249	249	NUM
cjel-11734	528	10	,	,	PUNCT
cjel-11734	528	11	274	274	NUM
cjel-11734	528	12	,	,	PUNCT
cjel-11734	528	13	and	and	CCONJ
cjel-11734	528	14	279	279	NUM
cjel-11734	528	15	)	)	PUNCT
cjel-11734	528	16	.	.	PUNCT
cjel-11734	529	1	138	138	NUM
cjel-11734	529	2	.	.	PUNCT
cjel-11734	530	1	i	i	PRON
cjel-11734	530	2	d.	d.	PROPN
cjel-11734	530	3	139	139	NUM
cjel-11734	530	4	.	.	PUNCT
cjel-11734	531	1	enhanced	enhance	VERB
cjel-11734	531	2	disclosures	disclosure	NOUN
cjel-11734	531	3	by	by	ADP
cjel-11734	531	4	certain	certain	ADJ
cjel-11734	531	5	investment	investment	NOUN
cjel-11734	531	6	advisers	adviser	NOUN
cjel-11734	531	7	and	and	CCONJ
cjel-11734	531	8	investment	investment	NOUN
cjel-11734	531	9	companies	company	NOUN
cjel-11734	531	10	about	about	ADP
cjel-11734	531	11	environmental	environmental	ADJ
cjel-11734	531	12	,	,	PUNCT
cjel-11734	531	13	social	social	ADJ
cjel-11734	531	14	,	,	PUNCT
cjel-11734	531	15	and	and	CCONJ
cjel-11734	531	16	governance	governance	NOUN
cjel-11734	531	17	investment	investment	NOUN
cjel-11734	531	18	practices	practice	NOUN
cjel-11734	531	19	,	,	PUNCT
cjel-11734	531	20	87	87	NUM
cjel-11734	531	21	fed	fed	PROPN
cjel-11734	531	22	.	.	PUNCT
cjel-11734	532	1	reg	reg	PROPN
cjel-11734	532	2	.	.	PUNCT
cjel-11734	533	1	36,657	36,657	NUM
cjel-11734	533	2	(	(	PUNCT
cjel-11734	533	3	june	june	PROPN
cjel-11734	533	4	17	17	NUM
cjel-11734	533	5	,	,	PUNCT
cjel-11734	533	6	2022	2022	NUM
cjel-11734	533	7	)	)	PUNCT
cjel-11734	533	8	(	(	PUNCT
cjel-11734	533	9	to	to	PART
cjel-11734	533	10	be	be	AUX
cjel-11734	533	11	codified	codify	VERB
cjel-11734	533	12	at	at	ADP
cjel-11734	533	13	17	17	NUM
cjel-11734	533	14	c.f.r	c.f.r	NOUN
cjel-11734	533	15	.	.	PUNCT
cjel-11734	534	1	pts	pts	PROPN
cjel-11734	534	2	.	.	PROPN
cjel-11734	534	3	200	200	NUM
cjel-11734	534	4	,	,	PUNCT
cjel-11734	534	5	232	232	NUM
cjel-11734	534	6	,	,	PUNCT
cjel-11734	534	7	239	239	NUM
cjel-11734	534	8	,	,	PUNCT
cjel-11734	534	9	249	249	NUM
cjel-11734	534	10	,	,	PUNCT
cjel-11734	534	11	274	274	NUM
cjel-11734	534	12	,	,	PUNCT
cjel-11734	534	13	and	and	CCONJ
cjel-11734	534	14	279	279	NUM
cjel-11734	534	15	)	)	PUNCT
cjel-11734	534	16	.	.	PUNCT
cjel-11734	535	1	140	140	NUM
cjel-11734	535	2	.	.	PUNCT
cjel-11734	536	1	i	i	PRON
cjel-11734	536	2	d.	d.	PROPN
cjel-11734	536	3	2023	2023	NUM
cjel-11734	536	4	]	]	PUNCT
cjel-11734	536	5	green	green	ADJ
cjel-11734	536	6	funds	fund	NOUN
cjel-11734	536	7	in	in	ADP
cjel-11734	536	8	a	a	DET
cjel-11734	536	9	gray	gray	ADJ
cjel-11734	536	10	area	area	NOUN
cjel-11734	536	11	439	439	NUM
cjel-11734	536	12	in	in	ADP
cjel-11734	536	13	fact	fact	NOUN
cjel-11734	536	14	,	,	PUNCT
cjel-11734	536	15	under	under	ADP
cjel-11734	536	16	the	the	DET
cjel-11734	536	17	proposed	propose	VERB
cjel-11734	536	18	names	name	NOUN
cjel-11734	536	19	rule	rule	VERB
cjel-11734	536	20	,	,	PUNCT
cjel-11734	536	21	the	the	DET
cjel-11734	536	22	sec	sec	PROPN
cjel-11734	536	23	would	would	AUX
cjel-11734	536	24	consider	consider	VERB
cjel-11734	536	25	an	an	DET
cjel-11734	536	26	integration	integration	NOUN
cjel-11734	536	27	fund	fund	NOUN
cjel-11734	536	28	’s	’s	PART
cjel-11734	536	29	name	name	NOUN
cjel-11734	536	30	to	to	PART
cjel-11734	536	31	be	be	AUX
cjel-11734	536	32	materially	materially	ADV
cjel-11734	536	33	deceptive	deceptive	ADJ
cjel-11734	536	34	or	or	CCONJ
cjel-11734	536	35	misleading	misleading	ADJ
cjel-11734	536	36	if	if	SCONJ
cjel-11734	536	37	it	it	PRON
cjel-11734	536	38	indicated	indicate	VERB
cjel-11734	536	39	that	that	SCONJ
cjel-11734	536	40	the	the	DET
cjel-11734	536	41	fund	fund	NOUN
cjel-11734	536	42	’s	’s	PART
cjel-11734	536	43	investment	investment	NOUN
cjel-11734	536	44	decisions	decision	NOUN
cjel-11734	536	45	considered	consider	VERB
cjel-11734	536	46	esg	esg	PROPN
cjel-11734	536	47	factors.141	factors.141	VERB
cjel-11734	536	48	this	this	PRON
cjel-11734	536	49	would	would	AUX
cjel-11734	536	50	mean	mean	VERB
cjel-11734	536	51	that	that	SCONJ
cjel-11734	536	52	integrations	integration	NOUN
cjel-11734	536	53	funds	fund	NOUN
cjel-11734	536	54	are	be	AUX
cjel-11734	536	55	not	not	PART
cjel-11734	536	56	subject	subject	ADJ
cjel-11734	536	57	to	to	ADP
cjel-11734	536	58	the	the	DET
cjel-11734	536	59	80	80	NUM
cjel-11734	536	60	%	%	NOUN
cjel-11734	536	61	investment	investment	NOUN
cjel-11734	536	62	policy	policy	NOUN
cjel-11734	536	63	(	(	PUNCT
cjel-11734	536	64	as	as	SCONJ
cjel-11734	536	65	there	there	PRON
cjel-11734	536	66	are	be	VERB
cjel-11734	536	67	no	no	DET
cjel-11734	536	68	terms	term	NOUN
cjel-11734	536	69	in	in	ADP
cjel-11734	536	70	the	the	DET
cjel-11734	536	71	funds	fund	NOUN
cjel-11734	536	72	’	'	PUNCT
cjel-11734	536	73	names	name	NOUN
cjel-11734	536	74	to	to	PART
cjel-11734	536	75	trigger	trigger	VERB
cjel-11734	536	76	the	the	DET
cjel-11734	536	77	rule	rule	NOUN
cjel-11734	536	78	)	)	PUNCT
cjel-11734	536	79	.	.	PUNCT
cjel-11734	537	1	however	however	ADV
cjel-11734	537	2	,	,	PUNCT
cjel-11734	537	3	the	the	DET
cjel-11734	537	4	sec	sec	PROPN
cjel-11734	537	5	is	be	AUX
cjel-11734	537	6	also	also	ADV
cjel-11734	537	7	considering	consider	VERB
cjel-11734	537	8	for	for	ADP
cjel-11734	537	9	the	the	DET
cjel-11734	537	10	final	final	ADJ
cjel-11734	537	11	rule	rule	NOUN
cjel-11734	537	12	whether	whether	SCONJ
cjel-11734	537	13	to	to	PART
cjel-11734	537	14	allow	allow	VERB
cjel-11734	537	15	integration	integration	NOUN
cjel-11734	537	16	funds	fund	NOUN
cjel-11734	537	17	to	to	PART
cjel-11734	537	18	include	include	VERB
cjel-11734	537	19	esg	esg	NOUN
cjel-11734	537	20	terms	term	NOUN
cjel-11734	537	21	in	in	ADP
cjel-11734	537	22	their	their	PRON
cjel-11734	537	23	names	name	NOUN
cjel-11734	537	24	so	so	ADV
cjel-11734	537	25	long	long	ADV
cjel-11734	537	26	as	as	SCONJ
cjel-11734	537	27	they	they	PRON
cjel-11734	537	28	identify	identify	VERB
cjel-11734	537	29	themselves	themselves	PRON
cjel-11734	537	30	as	as	ADP
cjel-11734	537	31	“	"	PUNCT
cjel-11734	537	32	integration	integration	NOUN
cjel-11734	537	33	”	"	PUNCT
cjel-11734	537	34	funds	fund	NOUN
cjel-11734	537	35	and	and	CCONJ
cjel-11734	537	36	whether	whether	SCONJ
cjel-11734	537	37	there	there	PRON
cjel-11734	537	38	are	be	VERB
cjel-11734	537	39	benefits	benefit	NOUN
cjel-11734	537	40	to	to	ADP
cjel-11734	537	41	permitting	permit	VERB
cjel-11734	537	42	funds	fund	NOUN
cjel-11734	537	43	to	to	PART
cjel-11734	537	44	use	use	VERB
cjel-11734	537	45	“	"	PUNCT
cjel-11734	537	46	esg	esg	NOUN
cjel-11734	537	47	integration	integration	NOUN
cjel-11734	537	48	”	"	PUNCT
cjel-11734	537	49	or	or	CCONJ
cjel-11734	537	50	similar	similar	ADJ
cjel-11734	537	51	terms	term	NOUN
cjel-11734	537	52	in	in	ADP
cjel-11734	537	53	their	their	PRON
cjel-11734	537	54	names.142	names.142	NOUN
cjel-11734	537	55	in	in	ADP
cjel-11734	537	56	addition	addition	NOUN
cjel-11734	537	57	to	to	ADP
cjel-11734	537	58	asking	ask	VERB
cjel-11734	537	59	if	if	SCONJ
cjel-11734	537	60	integration	integration	NOUN
cjel-11734	537	61	funds	fund	NOUN
cjel-11734	537	62	should	should	AUX
cjel-11734	537	63	be	be	AUX
cjel-11734	537	64	allowed	allow	VERB
cjel-11734	537	65	to	to	PART
cjel-11734	537	66	label	label	VERB
cjel-11734	537	67	themselves	themselves	PRON
cjel-11734	537	68	as	as	ADP
cjel-11734	537	69	such	such	ADJ
cjel-11734	537	70	,	,	PUNCT
cjel-11734	537	71	the	the	DET
cjel-11734	537	72	sec	sec	PROPN
cjel-11734	537	73	is	be	AUX
cjel-11734	537	74	considering	consider	VERB
cjel-11734	537	75	whether	whether	SCONJ
cjel-11734	537	76	integration	integration	NOUN
cjel-11734	537	77	funds	fund	NOUN
cjel-11734	537	78	could	could	AUX
cjel-11734	537	79	meet	meet	VERB
cjel-11734	537	80	the	the	DET
cjel-11734	537	81	names	name	NOUN
cjel-11734	537	82	rule	rule	NOUN
cjel-11734	537	83	’s	’s	PART
cjel-11734	537	84	80	80	NUM
cjel-11734	537	85	%	%	NOUN
cjel-11734	537	86	investment	investment	NOUN
cjel-11734	537	87	policy	policy	NOUN
cjel-11734	537	88	requirement	requirement	NOUN
cjel-11734	537	89	,	,	PUNCT
cjel-11734	537	90	and	and	CCONJ
cjel-11734	537	91	whether	whether	SCONJ
cjel-11734	537	92	adopting	adopt	VERB
cjel-11734	537	93	such	such	DET
cjel-11734	537	94	a	a	DET
cjel-11734	537	95	policy	policy	NOUN
cjel-11734	537	96	would	would	AUX
cjel-11734	537	97	“	"	PUNCT
cjel-11734	537	98	address	address	VERB
cjel-11734	537	99	the	the	DET
cjel-11734	537	100	consistency	consistency	NOUN
cjel-11734	537	101	of	of	ADP
cjel-11734	537	102	an	an	DET
cjel-11734	537	103	integration	integration	NOUN
cjel-11734	537	104	fund	fund	NOUN
cjel-11734	537	105	’s	’s	PART
cjel-11734	537	106	investment	investment	NOUN
cjel-11734	537	107	portfolio	portfolio	NOUN
cjel-11734	537	108	with	with	ADP
cjel-11734	537	109	the	the	DET
cjel-11734	537	110	investment	investment	NOUN
cjel-11734	537	111	focus	focus	VERB
cjel-11734	537	112	its	its	PRON
cjel-11734	537	113	name	name	NOUN
cjel-11734	537	114	suggests	suggest	VERB
cjel-11734	537	115	.	.	PUNCT
cjel-11734	538	1	”143	”143	NOUN
cjel-11734	539	1	unlike	unlike	ADP
cjel-11734	539	2	integration	integration	NOUN
cjel-11734	539	3	funds	fund	NOUN
cjel-11734	539	4	,	,	PUNCT
cjel-11734	539	5	which	which	PRON
cjel-11734	539	6	do	do	AUX
cjel-11734	539	7	not	not	PART
cjel-11734	539	8	weigh	weigh	VERB
cjel-11734	539	9	esg	esg	NOUN
cjel-11734	539	10	factors	factor	NOUN
cjel-11734	539	11	any	any	PRON
cjel-11734	539	12	differently	differently	ADV
cjel-11734	539	13	than	than	ADP
cjel-11734	539	14	other	other	ADJ
cjel-11734	539	15	criteria	criterion	NOUN
cjel-11734	539	16	in	in	ADP
cjel-11734	539	17	the	the	DET
cjel-11734	539	18	investment	investment	NOUN
cjel-11734	539	19	selection	selection	NOUN
cjel-11734	539	20	process	process	NOUN
cjel-11734	539	21	,	,	PUNCT
cjel-11734	539	22	“	"	PUNCT
cjel-11734	539	23	esg	esg	PROPN
cjel-11734	539	24	-	-	PUNCT
cjel-11734	539	25	focused	focused	ADJ
cjel-11734	539	26	”	"	PUNCT
cjel-11734	539	27	funds	fund	NOUN
cjel-11734	539	28	use	use	VERB
cjel-11734	539	29	one	one	NUM
cjel-11734	539	30	or	or	CCONJ
cjel-11734	539	31	more	more	ADJ
cjel-11734	539	32	esg	esg	NOUN
cjel-11734	539	33	factors	factor	NOUN
cjel-11734	539	34	“	"	PUNCT
cjel-11734	539	35	as	as	ADP
cjel-11734	539	36	a	a	DET
cjel-11734	539	37	significant	significant	ADJ
cjel-11734	539	38	or	or	CCONJ
cjel-11734	539	39	main	main	ADJ
cjel-11734	539	40	consideration	consideration	NOUN
cjel-11734	539	41	in	in	ADP
cjel-11734	539	42	selecting	select	VERB
cjel-11734	539	43	investments	investment	NOUN
cjel-11734	539	44	or	or	CCONJ
cjel-11734	539	45	in	in	ADP
cjel-11734	539	46	engaging	engage	VERB
cjel-11734	539	47	with	with	ADP
cjel-11734	539	48	portfolio	portfolio	NOUN
cjel-11734	539	49	companies	company	NOUN
cjel-11734	539	50	.	.	PUNCT
cjel-11734	540	1	”144	”144	PUNCT
cjel-11734	541	1	for	for	ADP
cjel-11734	541	2	example	example	NOUN
cjel-11734	541	3	,	,	PUNCT
cjel-11734	541	4	an	an	DET
cjel-11734	541	5	esg	esg	PROPN
cjel-11734	541	6	-	-	PUNCT
cjel-11734	541	7	focused	focus	VERB
cjel-11734	541	8	fund	fund	NOUN
cjel-11734	541	9	might	might	AUX
cjel-11734	541	10	exclude	exclude	VERB
cjel-11734	541	11	or	or	CCONJ
cjel-11734	541	12	include	include	VERB
cjel-11734	541	13	certain	certain	ADJ
cjel-11734	541	14	investments	investment	NOUN
cjel-11734	541	15	based	base	VERB
cjel-11734	541	16	on	on	ADP
cjel-11734	541	17	particular	particular	ADJ
cjel-11734	541	18	esg	esg	NOUN
cjel-11734	541	19	criteria	criterion	NOUN
cjel-11734	541	20	,	,	PUNCT
cjel-11734	541	21	like	like	ADP
cjel-11734	541	22	screens	screen	NOUN
cjel-11734	541	23	for	for	ADP
cjel-11734	541	24	carbon	carbon	NOUN
cjel-11734	541	25	emissions.145	emissions.145	NOUN
cjel-11734	541	26	under	under	ADP
cjel-11734	541	27	the	the	DET
cjel-11734	541	28	classification	classification	NOUN
cjel-11734	541	29	system	system	NOUN
cjel-11734	541	30	referenced	reference	VERB
cjel-11734	541	31	supra	supra	ADJ
cjel-11734	541	32	part	part	NOUN
cjel-11734	541	33	ii(a)(3	ii(a)(3	NOUN
cjel-11734	541	34	)	)	PUNCT
cjel-11734	541	35	,	,	PUNCT
cjel-11734	541	36	esg	esg	PROPN
cjel-11734	541	37	-	-	PUNCT
cjel-11734	541	38	focused	focus	VERB
cjel-11734	541	39	funds	fund	NOUN
cjel-11734	541	40	might	might	AUX
cjel-11734	541	41	employ	employ	VERB
cjel-11734	541	42	negative	negative	ADJ
cjel-11734	541	43	/	/	SYM
cjel-11734	541	44	exclusionary	exclusionary	ADJ
cjel-11734	541	45	screening	screening	NOUN
cjel-11734	541	46	,	,	PUNCT
cjel-11734	541	47	positive	positive	ADJ
cjel-11734	541	48	/	/	SYM
cjel-11734	541	49	best	good	ADJ
cjel-11734	541	50	-	-	PUNCT
cjel-11734	541	51	in	in	ADP
cjel-11734	541	52	-	-	PUNCT
cjel-11734	541	53	class	class	NOUN
cjel-11734	541	54	screening	screening	NOUN
cjel-11734	541	55	,	,	PUNCT
cjel-11734	541	56	norms	norm	NOUN
cjel-11734	541	57	-	-	PUNCT
cjel-11734	541	58	based	base	VERB
cjel-11734	541	59	screening	screening	NOUN
cjel-11734	541	60	,	,	PUNCT
cjel-11734	541	61	or	or	CCONJ
cjel-11734	541	62	corporate	corporate	ADJ
cjel-11734	541	63	engagement	engagement	NOUN
cjel-11734	541	64	and	and	CCONJ
cjel-11734	541	65	shareholder	shareholder	NOUN
cjel-11734	541	66	action	action	NOUN
cjel-11734	541	67	strategies.146	strategies.146	PROPN
cjel-11734	541	68	because	because	SCONJ
cjel-11734	541	69	these	these	DET
cjel-11734	541	70	funds	fund	NOUN
cjel-11734	541	71	give	give	VERB
cjel-11734	541	72	esg	esg	PROPN
cjel-11734	541	73	factors	factor	NOUN
cjel-11734	541	74	increased	increase	VERB
cjel-11734	541	75	weight	weight	NOUN
cjel-11734	541	76	in	in	ADP
cjel-11734	541	77	the	the	DET
cjel-11734	541	78	investment	investment	NOUN
cjel-11734	541	79	selection	selection	NOUN
cjel-11734	541	80	process	process	NOUN
cjel-11734	541	81	,	,	PUNCT
cjel-11734	541	82	they	they	PRON
cjel-11734	541	83	would	would	AUX
cjel-11734	541	84	fall	fall	VERB
cjel-11734	541	85	more	more	ADV
cjel-11734	541	86	toward	toward	ADP
cjel-11734	541	87	the	the	DET
cjel-11734	541	88	middle	middle	NOUN
cjel-11734	541	89	of	of	ADP
cjel-11734	541	90	the	the	DET
cjel-11734	541	91	returns	return	NOUN
cjel-11734	541	92	-	-	PUNCT
cjel-11734	541	93	impact	impact	NOUN
cjel-11734	541	94	spectrum	spectrum	NOUN
cjel-11734	541	95	,	,	PUNCT
cjel-11734	541	96	varying	vary	VERB
cjel-11734	541	97	based	base	VERB
cjel-11734	541	98	on	on	ADP
cjel-11734	541	99	the	the	DET
cjel-11734	541	100	extent	extent	NOUN
cjel-11734	541	101	to	to	PART
cjel-11734	541	102	which	which	PRON
cjel-11734	541	103	they	they	PRON
cjel-11734	541	104	consider	consider	VERB
cjel-11734	541	105	esg	esg	NOUN
cjel-11734	541	106	factors	factor	NOUN
cjel-11734	541	107	in	in	ADP
cjel-11734	541	108	their	their	PRON
cjel-11734	541	109	investment	investment	NOUN
cjel-11734	541	110	selection	selection	NOUN
cjel-11734	541	111	process	process	NOUN
cjel-11734	541	112	.	.	PUNCT
cjel-11734	542	1	given	give	VERB
cjel-11734	542	2	the	the	DET
cjel-11734	542	3	balance	balance	NOUN
cjel-11734	542	4	they	they	PRON
cjel-11734	542	5	seem	seem	VERB
cjel-11734	542	6	to	to	PART
cjel-11734	542	7	strike	strike	VERB
cjel-11734	542	8	between	between	ADP
cjel-11734	542	9	achieving	achieve	VERB
cjel-11734	542	10	esg	esg	NOUN
cjel-11734	542	11	outcomes	outcome	NOUN
cjel-11734	542	12	and	and	CCONJ
cjel-11734	542	13	risk	risk	NOUN
cjel-11734	542	14	-	-	PUNCT
cjel-11734	542	15	adjusted	adjust	VERB
cjel-11734	542	16	returns	return	NOUN
cjel-11734	542	17	,	,	PUNCT
cjel-11734	542	18	these	these	PRON
cjel-11734	542	19	seem	seem	VERB
cjel-11734	542	20	like	like	ADP
cjel-11734	542	21	the	the	DET
cjel-11734	542	22	type	type	NOUN
cjel-11734	542	23	of	of	ADP
cjel-11734	542	24	investment	investment	NOUN
cjel-11734	542	25	opportunities	opportunity	NOUN
cjel-11734	542	26	that	that	PRON
cjel-11734	542	27	the	the	DET
cjel-11734	542	28	abovementioned	abovementioned	ADJ
cjel-11734	542	29	70	70	NUM
cjel-11734	542	30	%	%	NOUN
cjel-11734	542	31	of	of	ADP
cjel-11734	542	32	millennials	millennial	NOUN
cjel-11734	542	33	who	who	PRON
cjel-11734	542	34	were	be	AUX
cjel-11734	542	35	willing	willing	ADJ
cjel-11734	542	36	to	to	PART
cjel-11734	542	37	sacrifice	sacrifice	VERB
cjel-11734	542	38	some	some	DET
cjel-11734	542	39	yield	yield	NOUN
cjel-11734	542	40	for	for	ADP
cjel-11734	542	41	sustainable	sustainable	ADJ
cjel-11734	542	42	outcomes	outcome	NOUN
cjel-11734	542	43	would	would	AUX
cjel-11734	542	44	be	be	AUX
cjel-11734	542	45	interested	interested	ADJ
cjel-11734	542	46	in.147	in.147	PROPN
cjel-11734	542	47	141	141	NUM
cjel-11734	542	48	.	.	PUNCT
cjel-11734	543	1	investment	investment	NOUN
cjel-11734	543	2	company	company	NOUN
cjel-11734	543	3	names	name	NOUN
cjel-11734	543	4	,	,	PUNCT
cjel-11734	543	5	87	87	NUM
cjel-11734	543	6	fed	fed	PROPN
cjel-11734	543	7	.	.	PUNCT
cjel-11734	544	1	reg	reg	PROPN
cjel-11734	544	2	.	.	PUNCT
cjel-11734	545	1	36,614	36,614	NUM
cjel-11734	545	2	(	(	PUNCT
cjel-11734	545	3	june	june	PROPN
cjel-11734	545	4	17	17	NUM
cjel-11734	545	5	,	,	PUNCT
cjel-11734	545	6	2022	2022	NUM
cjel-11734	545	7	)	)	PUNCT
cjel-11734	545	8	(	(	PUNCT
cjel-11734	545	9	to	to	PART
cjel-11734	545	10	be	be	AUX
cjel-11734	545	11	codified	codify	VERB
cjel-11734	545	12	at	at	ADP
cjel-11734	545	13	17	17	NUM
cjel-11734	545	14	c.f.r	c.f.r	NOUN
cjel-11734	545	15	.	.	PUNCT
cjel-11734	546	1	pts	pts	PROPN
cjel-11734	546	2	.	.	PROPN
cjel-11734	546	3	230	230	NUM
cjel-11734	546	4	,	,	PUNCT
cjel-11734	546	5	232	232	NUM
cjel-11734	546	6	,	,	PUNCT
cjel-11734	546	7	239	239	NUM
cjel-11734	546	8	,	,	PUNCT
cjel-11734	546	9	270	270	NUM
cjel-11734	546	10	,	,	PUNCT
cjel-11734	546	11	and	and	CCONJ
cjel-11734	546	12	274	274	NUM
cjel-11734	546	13	)	)	PUNCT
cjel-11734	546	14	.	.	PUNCT
cjel-11734	547	1	142	142	NUM
cjel-11734	547	2	.	.	PUNCT
cjel-11734	548	1	i	i	PRON
cjel-11734	548	2	d.	d.	PROPN
cjel-11734	548	3	143	143	NUM
cjel-11734	548	4	.	.	PUNCT
cjel-11734	549	1	i	i	PRON
cjel-11734	549	2	d.	d.	PROPN
cjel-11734	549	3	144	144	NUM
cjel-11734	549	4	.	.	PUNCT
cjel-11734	550	1	investment	investment	NOUN
cjel-11734	550	2	company	company	NOUN
cjel-11734	550	3	names	name	NOUN
cjel-11734	550	4	,	,	PUNCT
cjel-11734	550	5	87	87	NUM
cjel-11734	550	6	fed	fed	PROPN
cjel-11734	550	7	.	.	PUNCT
cjel-11734	551	1	reg	reg	PROPN
cjel-11734	551	2	.	.	PUNCT
cjel-11734	552	1	at	at	ADP
cjel-11734	552	2	36,598	36,598	NUM
cjel-11734	552	3	.	.	PUNCT
cjel-11734	553	1	145	145	NUM
cjel-11734	553	2	.	.	PUNCT
cjel-11734	554	1	i	i	PRON
cjel-11734	554	2	d.	d.	PROPN
cjel-11734	554	3	146	146	NUM
cjel-11734	554	4	.	.	PUNCT
cjel-11734	555	1	global	global	ADJ
cjel-11734	555	2	sustainable	sustainable	ADJ
cjel-11734	555	3	invest	invest	NOUN
cjel-11734	555	4	.	.	PUNCT
cjel-11734	556	1	all	all	PRON
cjel-11734	556	2	.	.	PUNCT
cjel-11734	556	3	,	,	PUNCT
cjel-11734	556	4	supra	supra	PROPN
cjel-11734	556	5	note	note	PROPN
cjel-11734	556	6	86	86	NUM
cjel-11734	556	7	.	.	PUNCT
cjel-11734	557	1	147	147	NUM
cjel-11734	557	2	.	.	PUNCT
cjel-11734	558	1	sardon	sardon	ADJ
cjel-11734	558	2	,	,	PUNCT
cjel-11734	558	3	supra	supra	PROPN
cjel-11734	558	4	note	note	NOUN
cjel-11734	558	5	106	106	NUM
cjel-11734	558	6	.	.	PUNCT
cjel-11734	559	1	440	440	NUM
cjel-11734	559	2	columbia	columbia	PROPN
cjel-11734	559	3	journal	journal	PROPN
cjel-11734	559	4	of	of	ADP
cjel-11734	559	5	environmental	environmental	ADJ
cjel-11734	559	6	law	law	NOUN
cjel-11734	559	7	[	[	X
cjel-11734	559	8	vol.48:2	vol.48:2	VERB
cjel-11734	559	9	the	the	DET
cjel-11734	559	10	sec	sec	PROPN
cjel-11734	559	11	created	create	VERB
cjel-11734	559	12	an	an	DET
cjel-11734	559	13	additional	additional	ADJ
cjel-11734	559	14	label	label	NOUN
cjel-11734	559	15	for	for	ADP
cjel-11734	559	16	a	a	DET
cjel-11734	559	17	subset148	subset148	PROPN
cjel-11734	559	18	of	of	ADP
cjel-11734	559	19	esg	esg	PROPN
cjel-11734	559	20	-	-	PUNCT
cjel-11734	559	21	focused	focus	VERB
cjel-11734	559	22	funds	fund	NOUN
cjel-11734	559	23	called	call	VERB
cjel-11734	559	24	“	"	PUNCT
cjel-11734	559	25	esg	esg	NOUN
cjel-11734	559	26	impact	impact	NOUN
cjel-11734	559	27	”	"	PUNCT
cjel-11734	559	28	funds	fund	NOUN
cjel-11734	559	29	,	,	PUNCT
cjel-11734	559	30	which	which	PRON
cjel-11734	559	31	prioritize	prioritize	VERB
cjel-11734	559	32	esg	esg	PROPN
cjel-11734	559	33	objectives	objective	NOUN
cjel-11734	559	34	to	to	ADP
cjel-11734	559	35	an	an	DET
cjel-11734	559	36	even	even	ADV
cjel-11734	559	37	greater	great	ADJ
cjel-11734	559	38	extent	extent	NOUN
cjel-11734	559	39	.	.	PUNCT
cjel-11734	560	1	esg	esg	NOUN
cjel-11734	560	2	impact	impact	NOUN
cjel-11734	560	3	funds	fund	NOUN
cjel-11734	560	4	pursue	pursue	VERB
cjel-11734	560	5	“	"	PUNCT
cjel-11734	560	6	a	a	DET
cjel-11734	560	7	stated	stated	ADJ
cjel-11734	560	8	goal	goal	NOUN
cjel-11734	560	9	that	that	PRON
cjel-11734	560	10	seeks	seek	VERB
cjel-11734	560	11	to	to	PART
cjel-11734	560	12	achieve	achieve	VERB
cjel-11734	560	13	a	a	DET
cjel-11734	560	14	specific	specific	ADJ
cjel-11734	560	15	esg	esg	NOUN
cjel-11734	560	16	impact	impact	NOUN
cjel-11734	560	17	or	or	CCONJ
cjel-11734	560	18	impacts	impact	NOUN
cjel-11734	560	19	that	that	PRON
cjel-11734	560	20	generate	generate	VERB
cjel-11734	560	21	specific	specific	ADJ
cjel-11734	560	22	esg	esg	NOUN
cjel-11734	560	23	-	-	PUNCT
cjel-11734	560	24	related	relate	VERB
cjel-11734	560	25	benefits	benefit	NOUN
cjel-11734	560	26	.	.	PUNCT
cjel-11734	561	1	”149	”149	PART
cjel-11734	561	2	impact	impact	NOUN
cjel-11734	561	3	strategies	strategy	NOUN
cjel-11734	561	4	generally	generally	ADV
cjel-11734	561	5	target	target	VERB
cjel-11734	561	6	portfolio	portfolio	NOUN
cjel-11734	561	7	investments	investment	NOUN
cjel-11734	561	8	that	that	PRON
cjel-11734	561	9	drive	drive	VERB
cjel-11734	561	10	specific	specific	ADJ
cjel-11734	561	11	and	and	CCONJ
cjel-11734	561	12	measurable	measurable	ADJ
cjel-11734	561	13	esg	esg	NOUN
cjel-11734	561	14	outcomes.150	outcomes.150	VERB
cjel-11734	561	15	among	among	ADP
cjel-11734	561	16	the	the	DET
cjel-11734	561	17	strategies	strategy	NOUN
cjel-11734	561	18	listed	list	VERB
cjel-11734	561	19	supra	supra	ADJ
cjel-11734	561	20	part	part	NOUN
cjel-11734	561	21	ii(a)(3	ii(a)(3	NOUN
cjel-11734	561	22	)	)	PUNCT
cjel-11734	561	23	,	,	PUNCT
cjel-11734	561	24	esg	esg	PROPN
cjel-11734	561	25	impact	impact	NOUN
cjel-11734	561	26	fund	fund	NOUN
cjel-11734	561	27	managers	manager	NOUN
cjel-11734	561	28	would	would	AUX
cjel-11734	561	29	most	most	ADV
cjel-11734	561	30	likely	likely	ADV
cjel-11734	561	31	employ	employ	VERB
cjel-11734	561	32	sustainability	sustainability	NOUN
cjel-11734	561	33	themed	theme	VERB
cjel-11734	561	34	investing	investing	NOUN
cjel-11734	561	35	and	and	CCONJ
cjel-11734	561	36	impact	impact	NOUN
cjel-11734	561	37	/	/	SYM
cjel-11734	561	38	community	community	NOUN
cjel-11734	561	39	investing	invest	VERB
cjel-11734	561	40	strategies.151	strategies.151	NOUN
cjel-11734	561	41	given	give	VERB
cjel-11734	561	42	the	the	DET
cjel-11734	561	43	greater	great	ADJ
cjel-11734	561	44	extent	extent	NOUN
cjel-11734	561	45	to	to	PART
cjel-11734	561	46	which	which	PRON
cjel-11734	561	47	these	these	DET
cjel-11734	561	48	funds	fund	NOUN
cjel-11734	561	49	prioritize	prioritize	VERB
cjel-11734	561	50	esg	esg	PROPN
cjel-11734	561	51	outcomes	outcome	NOUN
cjel-11734	561	52	,	,	PUNCT
cjel-11734	561	53	they	they	PRON
cjel-11734	561	54	are	be	AUX
cjel-11734	561	55	likely	likely	ADJ
cjel-11734	561	56	to	to	PART
cjel-11734	561	57	fall	fall	VERB
cjel-11734	561	58	near	near	ADP
cjel-11734	561	59	the	the	DET
cjel-11734	561	60	impact	impact	NOUN
cjel-11734	561	61	end	end	NOUN
cjel-11734	561	62	of	of	ADP
cjel-11734	561	63	the	the	DET
cjel-11734	561	64	returnsimpact	returnsimpact	NOUN
cjel-11734	561	65	spectrum	spectrum	NOUN
cjel-11734	561	66	.	.	PUNCT
cjel-11734	562	1	despite	despite	SCONJ
cjel-11734	562	2	creating	create	VERB
cjel-11734	562	3	this	this	DET
cjel-11734	562	4	complex	complex	ADJ
cjel-11734	562	5	regulatory	regulatory	ADJ
cjel-11734	562	6	regime	regime	NOUN
cjel-11734	562	7	,	,	PUNCT
cjel-11734	562	8	the	the	DET
cjel-11734	562	9	proposed	propose	VERB
cjel-11734	562	10	esg	esg	PROPN
cjel-11734	562	11	fund	fund	NOUN
cjel-11734	562	12	rule	rule	NOUN
cjel-11734	562	13	does	do	AUX
cjel-11734	562	14	not	not	PART
cjel-11734	562	15	define	define	VERB
cjel-11734	562	16	“	"	PUNCT
cjel-11734	562	17	esg	esg	NOUN
cjel-11734	562	18	”	"	PUNCT
cjel-11734	562	19	or	or	CCONJ
cjel-11734	562	20	similar	similar	ADJ
cjel-11734	562	21	terms	term	NOUN
cjel-11734	562	22	,	,	PUNCT
cjel-11734	562	23	but	but	CCONJ
cjel-11734	562	24	rather	rather	ADV
cjel-11734	562	25	calls	call	VERB
cjel-11734	562	26	on	on	ADP
cjel-11734	562	27	funds	fund	NOUN
cjel-11734	562	28	themselves	themselves	PRON
cjel-11734	562	29	to	to	PART
cjel-11734	562	30	disclose	disclose	VERB
cjel-11734	562	31	the	the	DET
cjel-11734	562	32	esg	esg	NOUN
cjel-11734	562	33	factors	factor	NOUN
cjel-11734	562	34	they	they	PRON
cjel-11734	562	35	consider	consider	VERB
cjel-11734	562	36	and	and	CCONJ
cjel-11734	562	37	the	the	DET
cjel-11734	562	38	manner	manner	NOUN
cjel-11734	562	39	in	in	ADP
cjel-11734	562	40	which	which	PRON
cjel-11734	562	41	they	they	PRON
cjel-11734	562	42	are	be	AUX
cjel-11734	562	43	considered.152	considered.152	ADJ
cjel-11734	562	44	in	in	ADP
cjel-11734	562	45	addition	addition	NOUN
cjel-11734	562	46	,	,	PUNCT
cjel-11734	562	47	the	the	DET
cjel-11734	562	48	proposed	propose	VERB
cjel-11734	562	49	esg	esg	PROPN
cjel-11734	562	50	fund	fund	NOUN
cjel-11734	562	51	rule	rule	NOUN
cjel-11734	562	52	would	would	AUX
cjel-11734	562	53	add	add	VERB
cjel-11734	562	54	several	several	ADJ
cjel-11734	562	55	disclosure	disclosure	NOUN
cjel-11734	562	56	requirements	requirement	NOUN
cjel-11734	562	57	for	for	ADP
cjel-11734	562	58	esg	esg	NOUN
cjel-11734	562	59	funds	fund	NOUN
cjel-11734	562	60	in	in	ADP
cjel-11734	562	61	their	their	PRON
cjel-11734	562	62	prospectuses	prospectus	NOUN
cjel-11734	562	63	,	,	PUNCT
cjel-11734	562	64	annual	annual	ADJ
cjel-11734	562	65	shareholder	shareholder	NOUN
cjel-11734	562	66	reports	report	NOUN
cjel-11734	562	67	,	,	PUNCT
cjel-11734	562	68	and	and	CCONJ
cjel-11734	562	69	annual	annual	ADJ
cjel-11734	562	70	census	census	NOUN
cjel-11734	562	71	-	-	PUNCT
cjel-11734	562	72	level	level	NOUN
cjel-11734	562	73	reports	report	NOUN
cjel-11734	562	74	.	.	PUNCT
cjel-11734	563	1	while	while	SCONJ
cjel-11734	563	2	the	the	DET
cjel-11734	563	3	specifics	specific	NOUN
cjel-11734	563	4	of	of	ADP
cjel-11734	563	5	the	the	DET
cjel-11734	563	6	requirements	requirement	NOUN
cjel-11734	563	7	are	be	AUX
cjel-11734	563	8	beyond	beyond	ADP
cjel-11734	563	9	the	the	DET
cjel-11734	563	10	scope	scope	NOUN
cjel-11734	563	11	of	of	ADP
cjel-11734	563	12	this	this	PRON
cjel-11734	563	13	note,153	note,153	VERB
cjel-11734	563	14	the	the	DET
cjel-11734	563	15	key	key	ADJ
cjel-11734	563	16	feature	feature	NOUN
cjel-11734	563	17	of	of	ADP
cjel-11734	563	18	the	the	DET
cjel-11734	563	19	proposed	propose	VERB
cjel-11734	563	20	esg	esg	PROPN
cjel-11734	563	21	fund	fund	NOUN
cjel-11734	563	22	rule	rule	NOUN
cjel-11734	563	23	is	be	AUX
cjel-11734	563	24	that	that	SCONJ
cjel-11734	563	25	funds	fund	NOUN
cjel-11734	563	26	would	would	AUX
cjel-11734	563	27	be	be	AUX
cjel-11734	563	28	required	require	VERB
cjel-11734	563	29	to	to	PART
cjel-11734	563	30	follow	follow	VERB
cjel-11734	563	31	a	a	DET
cjel-11734	563	32	layered	layered	ADJ
cjel-11734	563	33	approach	approach	NOUN
cjel-11734	563	34	to	to	ADP
cjel-11734	563	35	their	their	PRON
cjel-11734	563	36	disclosures	disclosure	NOUN
cjel-11734	563	37	and	and	CCONJ
cjel-11734	563	38	provide	provide	VERB
cjel-11734	563	39	in	in	ADP
cjel-11734	563	40	plain	plain	ADJ
cjel-11734	563	41	english154	english154	PROPN
cjel-11734	563	42	certain	certain	ADJ
cjel-11734	563	43	information	information	NOUN
cjel-11734	563	44	depending	depend	VERB
cjel-11734	563	45	on	on	ADP
cjel-11734	563	46	whether	whether	SCONJ
cjel-11734	563	47	the	the	DET
cjel-11734	563	48	fund	fund	NOUN
cjel-11734	563	49	148	148	NUM
cjel-11734	563	50	.	.	PUNCT
cjel-11734	564	1	enhanced	enhance	VERB
cjel-11734	564	2	disclosures	disclosure	NOUN
cjel-11734	564	3	by	by	ADP
cjel-11734	564	4	certain	certain	ADJ
cjel-11734	564	5	investment	investment	NOUN
cjel-11734	564	6	advisers	adviser	NOUN
cjel-11734	564	7	and	and	CCONJ
cjel-11734	564	8	investment	investment	NOUN
cjel-11734	564	9	companies	company	NOUN
cjel-11734	564	10	about	about	ADP
cjel-11734	564	11	environmental	environmental	ADJ
cjel-11734	564	12	,	,	PUNCT
cjel-11734	564	13	social	social	ADJ
cjel-11734	564	14	,	,	PUNCT
cjel-11734	564	15	and	and	CCONJ
cjel-11734	564	16	governance	governance	NOUN
cjel-11734	564	17	investment	investment	NOUN
cjel-11734	564	18	practices	practice	NOUN
cjel-11734	564	19	,	,	PUNCT
cjel-11734	564	20	87	87	NUM
cjel-11734	564	21	fed	fed	PROPN
cjel-11734	564	22	.	.	PUNCT
cjel-11734	565	1	reg	reg	PROPN
cjel-11734	565	2	.	.	PROPN
cjel-11734	565	3	36,654	36,654	NUM
cjel-11734	565	4	,	,	PUNCT
cjel-11734	565	5	36,657	36,657	NUM
cjel-11734	565	6	,	,	PUNCT
cjel-11734	565	7	at	at	ADP
cjel-11734	565	8	n.23	n.23	X
cjel-11734	565	9	(	(	PUNCT
cjel-11734	565	10	june	june	PROPN
cjel-11734	565	11	17	17	NUM
cjel-11734	565	12	,	,	PUNCT
cjel-11734	565	13	2022	2022	NUM
cjel-11734	565	14	)	)	PUNCT
cjel-11734	566	1	(	(	PUNCT
cjel-11734	566	2	to	to	PART
cjel-11734	566	3	be	be	AUX
cjel-11734	566	4	codified	codify	VERB
cjel-11734	566	5	at	at	ADP
cjel-11734	566	6	17	17	NUM
cjel-11734	566	7	c.f.r	c.f.r	NOUN
cjel-11734	566	8	.	.	PUNCT
cjel-11734	567	1	pts	pts	PROPN
cjel-11734	567	2	.	.	PROPN
cjel-11734	567	3	200	200	NUM
cjel-11734	567	4	,	,	PUNCT
cjel-11734	567	5	230	230	NUM
cjel-11734	567	6	,	,	PUNCT
cjel-11734	567	7	232	232	NUM
cjel-11734	567	8	,	,	PUNCT
cjel-11734	567	9	239	239	NUM
cjel-11734	567	10	,	,	PUNCT
cjel-11734	567	11	249	249	NUM
cjel-11734	567	12	,	,	PUNCT
cjel-11734	567	13	274	274	NUM
cjel-11734	567	14	,	,	PUNCT
cjel-11734	567	15	and	and	CCONJ
cjel-11734	567	16	279	279	NUM
cjel-11734	567	17	)	)	PUNCT
cjel-11734	567	18	.	.	PUNCT
cjel-11734	568	1	149	149	NUM
cjel-11734	568	2	.	.	PUNCT
cjel-11734	569	1	i	i	PRON
cjel-11734	569	2	d.	d.	PROPN
cjel-11734	569	3	150	150	NUM
cjel-11734	569	4	.	.	PUNCT
cjel-11734	570	1	i	i	PRON
cjel-11734	570	2	d.	d.	PROPN
cjel-11734	570	3	151	151	NUM
cjel-11734	570	4	.	.	PUNCT
cjel-11734	571	1	global	global	ADJ
cjel-11734	571	2	sustainable	sustainable	ADJ
cjel-11734	571	3	invest	invest	NOUN
cjel-11734	571	4	.	.	PUNCT
cjel-11734	572	1	all	all	PRON
cjel-11734	572	2	.	.	PUNCT
cjel-11734	572	3	,	,	PUNCT
cjel-11734	572	4	supra	supra	PROPN
cjel-11734	572	5	note	note	NOUN
cjel-11734	572	6	49	49	NUM
cjel-11734	572	7	.	.	PUNCT
cjel-11734	573	1	152	152	NUM
cjel-11734	573	2	.	.	PUNCT
cjel-11734	573	3	enhanced	enhance	VERB
cjel-11734	573	4	disclosures	disclosure	NOUN
cjel-11734	573	5	by	by	ADP
cjel-11734	573	6	certain	certain	ADJ
cjel-11734	573	7	investment	investment	NOUN
cjel-11734	573	8	advisers	adviser	NOUN
cjel-11734	573	9	and	and	CCONJ
cjel-11734	573	10	investment	investment	NOUN
cjel-11734	573	11	companies	company	NOUN
cjel-11734	573	12	about	about	ADP
cjel-11734	573	13	environmental	environmental	ADJ
cjel-11734	573	14	,	,	PUNCT
cjel-11734	573	15	social	social	ADJ
cjel-11734	573	16	,	,	PUNCT
cjel-11734	573	17	and	and	CCONJ
cjel-11734	573	18	governance	governance	NOUN
cjel-11734	573	19	investment	investment	NOUN
cjel-11734	573	20	practices	practice	NOUN
cjel-11734	573	21	,	,	PUNCT
cjel-11734	573	22	87	87	NUM
cjel-11734	573	23	fed	fed	PROPN
cjel-11734	573	24	.	.	PUNCT
cjel-11734	574	1	reg	reg	PROPN
cjel-11734	574	2	.	.	PROPN
cjel-11734	575	1	36	36	NUM
cjel-11734	575	2	,	,	PUNCT
cjel-11734	575	3	654	654	NUM
cjel-11734	575	4	,	,	PUNCT
cjel-11734	575	5	36,660	36,660	NUM
cjel-11734	575	6	(	(	PUNCT
cjel-11734	575	7	june	june	PROPN
cjel-11734	575	8	17	17	NUM
cjel-11734	575	9	,	,	PUNCT
cjel-11734	575	10	2022	2022	NUM
cjel-11734	575	11	)	)	PUNCT
cjel-11734	575	12	(	(	PUNCT
cjel-11734	575	13	to	to	PART
cjel-11734	575	14	be	be	AUX
cjel-11734	575	15	codified	codify	VERB
cjel-11734	575	16	at	at	ADP
cjel-11734	575	17	17	17	NUM
cjel-11734	575	18	c.f.r	c.f.r	NOUN
cjel-11734	575	19	.	.	PUNCT
cjel-11734	576	1	pts	pts	PROPN
cjel-11734	576	2	.	.	PROPN
cjel-11734	576	3	200	200	NUM
cjel-11734	576	4	,	,	PUNCT
cjel-11734	576	5	230	230	NUM
cjel-11734	576	6	,	,	PUNCT
cjel-11734	576	7	232	232	NUM
cjel-11734	576	8	,	,	PUNCT
cjel-11734	576	9	239	239	NUM
cjel-11734	576	10	,	,	PUNCT
cjel-11734	576	11	249	249	NUM
cjel-11734	576	12	,	,	PUNCT
cjel-11734	576	13	274	274	NUM
cjel-11734	576	14	,	,	PUNCT
cjel-11734	576	15	and	and	CCONJ
cjel-11734	576	16	279	279	NUM
cjel-11734	576	17	)	)	PUNCT
cjel-11734	576	18	.	.	PUNCT
cjel-11734	577	1	153	153	NUM
cjel-11734	577	2	.	.	PUNCT
cjel-11734	578	1	the	the	DET
cjel-11734	578	2	note	note	NOUN
cjel-11734	578	3	’s	’s	PART
cjel-11734	578	4	primary	primary	ADJ
cjel-11734	578	5	focus	focus	NOUN
cjel-11734	578	6	is	be	AUX
cjel-11734	578	7	highlighting	highlight	VERB
cjel-11734	578	8	how	how	SCONJ
cjel-11734	578	9	the	the	DET
cjel-11734	578	10	proposed	propose	VERB
cjel-11734	578	11	names	name	NOUN
cjel-11734	578	12	rule	rule	NOUN
cjel-11734	578	13	would	would	AUX
cjel-11734	578	14	continue	continue	VERB
cjel-11734	578	15	to	to	PART
cjel-11734	578	16	lead	lead	VERB
cjel-11734	578	17	to	to	ADP
cjel-11734	578	18	uncertainty	uncertainty	NOUN
cjel-11734	578	19	in	in	ADP
cjel-11734	578	20	the	the	DET
cjel-11734	578	21	esg	esg	PROPN
cjel-11734	578	22	fund	fund	NOUN
cjel-11734	578	23	space	space	NOUN
cjel-11734	578	24	given	give	VERB
cjel-11734	578	25	all	all	DET
cjel-11734	578	26	funds	fund	NOUN
cjel-11734	578	27	that	that	PRON
cjel-11734	578	28	incorporate	incorporate	VERB
cjel-11734	578	29	esg	esg	NOUN
cjel-11734	578	30	factors	factor	NOUN
cjel-11734	578	31	,	,	PUNCT
cjel-11734	578	32	whether	whether	SCONJ
cjel-11734	578	33	they	they	PRON
cjel-11734	578	34	are	be	AUX
cjel-11734	578	35	integration	integration	NOUN
cjel-11734	578	36	funds	fund	NOUN
cjel-11734	578	37	or	or	CCONJ
cjel-11734	578	38	impact	impact	NOUN
cjel-11734	578	39	funds	fund	NOUN
cjel-11734	578	40	,	,	PUNCT
cjel-11734	578	41	face	face	VERB
cjel-11734	578	42	the	the	DET
cjel-11734	578	43	same	same	ADJ
cjel-11734	578	44	80	80	NUM
cjel-11734	578	45	%	%	NOUN
cjel-11734	578	46	requirement	requirement	NOUN
cjel-11734	578	47	.	.	PUNCT
cjel-11734	579	1	for	for	ADP
cjel-11734	579	2	a	a	DET
cjel-11734	579	3	more	more	ADV
cjel-11734	579	4	indepth	indepth	ADJ
cjel-11734	579	5	analysis	analysis	NOUN
cjel-11734	579	6	of	of	ADP
cjel-11734	579	7	the	the	DET
cjel-11734	579	8	two	two	NUM
cjel-11734	579	9	proposed	propose	VERB
cjel-11734	579	10	rules	rule	NOUN
cjel-11734	579	11	,	,	PUNCT
cjel-11734	579	12	see	see	VERB
cjel-11734	579	13	marc	marc	PROPN
cjel-11734	579	14	ponchione	ponchione	PROPN
cjel-11734	579	15	et	et	PROPN
cjel-11734	579	16	.	.	PUNCT
cjel-11734	580	1	al	al	PROPN
cjel-11734	580	2	.	.	PROPN
cjel-11734	580	3	,	,	PUNCT
cjel-11734	580	4	sec	sec	PROPN
cjel-11734	580	5	proposes	propose	VERB
cjel-11734	580	6	rules	rule	NOUN
cjel-11734	580	7	relating	relate	VERB
cjel-11734	580	8	to	to	ADP
cjel-11734	580	9	registered	register	VERB
cjel-11734	580	10	funds	fund	NOUN
cjel-11734	580	11	’	'	PUNCT
cjel-11734	580	12	esg	esg	NOUN
cjel-11734	580	13	investments	investment	NOUN
cjel-11734	580	14	,	,	PUNCT
cjel-11734	580	15	debevoise	debevoise	PROPN
cjel-11734	580	16	&	&	CCONJ
cjel-11734	580	17	plimpton	plimpton	PROPN
cjel-11734	580	18	(	(	PUNCT
cjel-11734	580	19	july	july	PROPN
cjel-11734	580	20	12	12	NUM
cjel-11734	580	21	,	,	PUNCT
cjel-11734	580	22	2022	2022	NUM
cjel-11734	580	23	)	)	PUNCT
cjel-11734	580	24	,	,	PUNCT
cjel-11734	580	25	https://www.debevoise.com/insights/publications/2022/07/sec-proposes-rules-relating-tofunds	https://www.debevoise.com/insights/publications/2022/07/sec-proposes-rules-relating-tofund	VERB
cjel-11734	580	26	[	[	X
cjel-11734	580	27	https://perma.cc/5b3b-hu2y	https://perma.cc/5b3b-hu2y	PROPN
cjel-11734	580	28	]	]	PUNCT
cjel-11734	580	29	.	.	PUNCT
cjel-11734	581	1	154	154	NUM
cjel-11734	581	2	.	.	PUNCT
cjel-11734	582	1	enhanced	enhance	VERB
cjel-11734	582	2	disclosures	disclosure	NOUN
cjel-11734	582	3	by	by	ADP
cjel-11734	582	4	certain	certain	ADJ
cjel-11734	582	5	investment	investment	NOUN
cjel-11734	582	6	advisers	adviser	NOUN
cjel-11734	582	7	and	and	CCONJ
cjel-11734	582	8	investment	investment	NOUN
cjel-11734	582	9	companies	company	NOUN
cjel-11734	582	10	about	about	ADP
cjel-11734	582	11	environmental	environmental	ADJ
cjel-11734	582	12	,	,	PUNCT
cjel-11734	582	13	social	social	ADJ
cjel-11734	582	14	,	,	PUNCT
cjel-11734	582	15	and	and	CCONJ
cjel-11734	582	16	governance	governance	NOUN
cjel-11734	582	17	investment	investment	NOUN
cjel-11734	582	18	practices	practice	NOUN
cjel-11734	582	19	,	,	PUNCT
cjel-11734	582	20	87	87	NUM
cjel-11734	582	21	fed	fed	PROPN
cjel-11734	582	22	.	.	PUNCT
cjel-11734	583	1	reg	reg	PROPN
cjel-11734	583	2	.	.	PROPN
cjel-11734	583	3	36,654	36,654	NUM
cjel-11734	583	4	,	,	PUNCT
cjel-11734	583	5	36,659	36,659	NUM
cjel-11734	583	6	at	at	ADP
cjel-11734	583	7	n.39	n.39	X
cjel-11734	583	8	(	(	PUNCT
cjel-11734	583	9	june	june	PROPN
cjel-11734	583	10	17	17	NUM
cjel-11734	583	11	,	,	PUNCT
cjel-11734	583	12	2022	2022	NUM
cjel-11734	583	13	)	)	PUNCT
cjel-11734	584	1	(	(	PUNCT
cjel-11734	584	2	to	to	PART
cjel-11734	584	3	be	be	AUX
cjel-11734	584	4	codified	codify	VERB
cjel-11734	584	5	at	at	ADP
cjel-11734	584	6	17	17	NUM
cjel-11734	584	7	c.f.r	c.f.r	NOUN
cjel-11734	584	8	.	.	PUNCT
cjel-11734	585	1	pts	pts	PROPN
cjel-11734	585	2	.	.	PROPN
cjel-11734	585	3	200	200	NUM
cjel-11734	585	4	,	,	PUNCT
cjel-11734	585	5	230	230	NUM
cjel-11734	585	6	,	,	PUNCT
cjel-11734	585	7	232	232	NUM
cjel-11734	585	8	,	,	PUNCT
cjel-11734	585	9	239	239	NUM
cjel-11734	585	10	,	,	PUNCT
cjel-11734	585	11	249	249	NUM
cjel-11734	585	12	,	,	PUNCT
cjel-11734	585	13	274	274	NUM
cjel-11734	585	14	,	,	PUNCT
cjel-11734	585	15	and	and	CCONJ
cjel-11734	585	16	279	279	NUM
cjel-11734	585	17	)	)	PUNCT
cjel-11734	585	18	(	(	PUNCT
cjel-11734	585	19	explaining	explain	VERB
cjel-11734	585	20	how	how	SCONJ
cjel-11734	585	21	the	the	DET
cjel-11734	585	22	proposed	propose	VERB
cjel-11734	585	23	rule	rule	NOUN
cjel-11734	585	24	would	would	AUX
cjel-11734	585	25	“	"	PUNCT
cjel-11734	585	26	complement	complement	VERB
cjel-11734	585	27	existing	exist	VERB
cjel-11734	585	28	requirements	requirement	NOUN
cjel-11734	585	29	that	that	PRON
cjel-11734	585	30	funds	fund	NOUN
cjel-11734	585	31	use	use	VERB
cjel-11734	585	32	plain	plain	ADJ
cjel-11734	585	33	english	english	NOUN
cjel-11734	585	34	and	and	CCONJ
cjel-11734	585	35	disclose	disclose	VERB
cjel-11734	585	36	essential	essential	ADJ
cjel-11734	585	37	information	information	NOUN
cjel-11734	585	38	in	in	ADP
cjel-11734	585	39	a	a	DET
cjel-11734	585	40	concise	concise	ADJ
cjel-11734	585	41	and	and	CCONJ
cjel-11734	585	42	straightforward	straightforward	ADJ
cjel-11734	585	43	manner	manner	NOUN
cjel-11734	585	44	to	to	PART
cjel-11734	585	45	help	help	VERB
cjel-11734	585	46	investors	investor	NOUN
cjel-11734	585	47	make	make	VERB
cjel-11734	585	48	informed	informed	ADJ
cjel-11734	585	49	investment	investment	NOUN
cjel-11734	585	50	decisions	decision	NOUN
cjel-11734	585	51	about	about	ADP
cjel-11734	585	52	the	the	DET
cjel-11734	585	53	fund	fund	NOUN
cjel-11734	585	54	”	"	PUNCT
cjel-11734	585	55	)	)	PUNCT
cjel-11734	585	56	.	.	PUNCT
cjel-11734	586	1	2023	2023	NUM
cjel-11734	586	2	]	]	PUNCT
cjel-11734	586	3	green	green	ADJ
cjel-11734	586	4	funds	fund	NOUN
cjel-11734	586	5	in	in	ADP
cjel-11734	586	6	a	a	DET
cjel-11734	586	7	gray	gray	ADJ
cjel-11734	586	8	area	area	NOUN
cjel-11734	586	9	441	441	NUM
cjel-11734	586	10	is	be	AUX
cjel-11734	586	11	an	an	DET
cjel-11734	586	12	integration	integration	NOUN
cjel-11734	586	13	,	,	PUNCT
cjel-11734	586	14	esg	esg	PROPN
cjel-11734	586	15	-	-	PUNCT
cjel-11734	586	16	focused	focused	ADJ
cjel-11734	586	17	,	,	PUNCT
cjel-11734	586	18	or	or	CCONJ
cjel-11734	586	19	impact	impact	NOUN
cjel-11734	586	20	fund.155	fund.155	NOUN
cjel-11734	586	21	impact	impact	NOUN
cjel-11734	586	22	funds	fund	NOUN
cjel-11734	586	23	,	,	PUNCT
cjel-11734	586	24	which	which	PRON
cjel-11734	586	25	focus	focus	VERB
cjel-11734	586	26	the	the	DET
cjel-11734	586	27	most	most	ADV
cjel-11734	586	28	on	on	ADP
cjel-11734	586	29	esg	esg	PROPN
cjel-11734	586	30	outcomes	outcome	NOUN
cjel-11734	586	31	,	,	PUNCT
cjel-11734	586	32	will	will	AUX
cjel-11734	586	33	be	be	AUX
cjel-11734	586	34	subject	subject	ADJ
cjel-11734	586	35	to	to	ADP
cjel-11734	586	36	the	the	DET
cjel-11734	586	37	lengthiest	lengthy	ADJ
cjel-11734	586	38	disclosure	disclosure	NOUN
cjel-11734	586	39	requirements	requirement	NOUN
cjel-11734	586	40	,	,	PUNCT
cjel-11734	586	41	while	while	SCONJ
cjel-11734	586	42	integration	integration	NOUN
cjel-11734	586	43	funds	fund	NOUN
cjel-11734	586	44	will	will	AUX
cjel-11734	586	45	be	be	AUX
cjel-11734	586	46	subject	subject	ADJ
cjel-11734	586	47	to	to	ADP
cjel-11734	586	48	the	the	DET
cjel-11734	586	49	fewest	few	ADJ
cjel-11734	586	50	.	.	PUNCT
cjel-11734	587	1	notably	notably	ADV
cjel-11734	587	2	,	,	PUNCT
cjel-11734	587	3	all	all	DET
cjel-11734	587	4	esg	esg	PROPN
cjel-11734	587	5	-	-	PUNCT
cjel-11734	587	6	focused	focus	VERB
cjel-11734	587	7	funds	fund	NOUN
cjel-11734	587	8	,	,	PUNCT
cjel-11734	587	9	including	include	VERB
cjel-11734	587	10	impact	impact	NOUN
cjel-11734	587	11	funds	fund	NOUN
cjel-11734	587	12	,	,	PUNCT
cjel-11734	587	13	would	would	AUX
cjel-11734	587	14	be	be	AUX
cjel-11734	587	15	required	require	VERB
cjel-11734	587	16	to	to	PART
cjel-11734	587	17	complete	complete	VERB
cjel-11734	587	18	a	a	DET
cjel-11734	587	19	standardized	standardized	ADJ
cjel-11734	587	20	disclosure	disclosure	NOUN
cjel-11734	587	21	table	table	NOUN
cjel-11734	587	22	that	that	PRON
cjel-11734	587	23	would	would	AUX
cjel-11734	587	24	provide	provide	VERB
cjel-11734	587	25	an	an	DET
cjel-11734	587	26	overview	overview	NOUN
cjel-11734	587	27	of	of	ADP
cjel-11734	587	28	the	the	DET
cjel-11734	587	29	fund	fund	NOUN
cjel-11734	587	30	’s	’s	PART
cjel-11734	587	31	esg	esg	PROPN
cjel-11734	587	32	strategy	strategy	NOUN
cjel-11734	587	33	,	,	PUNCT
cjel-11734	587	34	which	which	PRON
cjel-11734	587	35	esg	esg	NOUN
cjel-11734	587	36	strategies	strategy	NOUN
cjel-11734	587	37	it	it	PRON
cjel-11734	587	38	implements	implement	VERB
cjel-11734	587	39	,	,	PUNCT
cjel-11734	587	40	how	how	SCONJ
cjel-11734	587	41	the	the	DET
cjel-11734	587	42	fund	fund	NOUN
cjel-11734	587	43	incorporates	incorporate	VERB
cjel-11734	587	44	esg	esg	NOUN
cjel-11734	587	45	factors	factor	NOUN
cjel-11734	587	46	into	into	ADP
cjel-11734	587	47	its	its	PRON
cjel-11734	587	48	investment	investment	NOUN
cjel-11734	587	49	decisions	decision	NOUN
cjel-11734	587	50	,	,	PUNCT
cjel-11734	587	51	and	and	CCONJ
cjel-11734	587	52	how	how	SCONJ
cjel-11734	587	53	the	the	DET
cjel-11734	587	54	fund	fund	NOUN
cjel-11734	587	55	votes	vote	VERB
cjel-11734	587	56	proxies	proxy	NOUN
cjel-11734	587	57	and/or	and/or	CCONJ
cjel-11734	587	58	engages	engage	VERB
cjel-11734	587	59	with	with	ADP
cjel-11734	587	60	companies	company	NOUN
cjel-11734	587	61	about	about	ADP
cjel-11734	587	62	esg	esg	PROPN
cjel-11734	587	63	issues.156	issues.156	PROPN
cjel-11734	587	64	for	for	ADP
cjel-11734	587	65	open	open	ADJ
cjel-11734	587	66	-	-	PUNCT
cjel-11734	587	67	end	end	NOUN
cjel-11734	587	68	funds	fund	NOUN
cjel-11734	587	69	like	like	ADP
cjel-11734	587	70	mutual	mutual	ADJ
cjel-11734	587	71	funds	fund	NOUN
cjel-11734	587	72	and	and	CCONJ
cjel-11734	587	73	etfs	etfs	NOUN
cjel-11734	587	74	,	,	PUNCT
cjel-11734	587	75	this	this	DET
cjel-11734	587	76	table	table	NOUN
cjel-11734	587	77	would	would	AUX
cjel-11734	587	78	be	be	AUX
cjel-11734	587	79	housed	house	VERB
cjel-11734	587	80	at	at	ADP
cjel-11734	587	81	the	the	DET
cjel-11734	587	82	beginning	beginning	NOUN
cjel-11734	587	83	of	of	ADP
cjel-11734	587	84	its	its	PRON
cjel-11734	587	85	“	"	PUNCT
cjel-11734	587	86	risk	risk	NOUN
cjel-11734	587	87	/	/	SYM
cjel-11734	587	88	return	return	NOUN
cjel-11734	587	89	summary	summary	NOUN
cjel-11734	587	90	”	"	PUNCT
cjel-11734	587	91	section	section	NOUN
cjel-11734	587	92	of	of	ADP
cjel-11734	587	93	the	the	DET
cjel-11734	587	94	prospectus	prospectus	NOUN
cjel-11734	587	95	,	,	PUNCT
cjel-11734	587	96	which	which	PRON
cjel-11734	587	97	summarizes	summarize	VERB
cjel-11734	587	98	key	key	ADJ
cjel-11734	587	99	information	information	NOUN
cjel-11734	587	100	about	about	ADP
cjel-11734	587	101	the	the	DET
cjel-11734	587	102	fund	fund	NOUN
cjel-11734	587	103	’s	’s	PART
cjel-11734	587	104	investments	investment	NOUN
cjel-11734	587	105	,	,	PUNCT
cjel-11734	587	106	risk	risk	NOUN
cjel-11734	587	107	,	,	PUNCT
cjel-11734	587	108	and	and	CCONJ
cjel-11734	587	109	performance.157	performance.157	VERB
cjel-11734	587	110	certain	certain	ADJ
cjel-11734	587	111	aspects	aspect	NOUN
cjel-11734	587	112	of	of	ADP
cjel-11734	587	113	the	the	DET
cjel-11734	587	114	proposed	propose	VERB
cjel-11734	587	115	esg	esg	PROPN
cjel-11734	587	116	fund	fund	NOUN
cjel-11734	587	117	rule	rule	NOUN
cjel-11734	587	118	will	will	AUX
cjel-11734	587	119	be	be	AUX
cjel-11734	587	120	analyzed	analyze	VERB
cjel-11734	587	121	infra	infra	NOUN
cjel-11734	587	122	part	part	NOUN
cjel-11734	587	123	ii(a	ii(a	NOUN
cjel-11734	587	124	)	)	PUNCT
cjel-11734	587	125	to	to	PART
cjel-11734	587	126	examine	examine	VERB
cjel-11734	587	127	how	how	SCONJ
cjel-11734	587	128	the	the	DET
cjel-11734	587	129	funds	fund	NOUN
cjel-11734	587	130	are	be	AUX
cjel-11734	587	131	currently	currently	ADV
cjel-11734	587	132	disclosing	disclose	VERB
cjel-11734	587	133	key	key	ADJ
cjel-11734	587	134	esg	esg	NOUN
cjel-11734	587	135	-	-	PUNCT
cjel-11734	587	136	related	relate	VERB
cjel-11734	587	137	information	information	NOUN
cjel-11734	587	138	and	and	CCONJ
cjel-11734	587	139	how	how	SCONJ
cjel-11734	587	140	the	the	DET
cjel-11734	587	141	proposed	propose	VERB
cjel-11734	587	142	regime	regime	NOUN
cjel-11734	587	143	might	might	AUX
cjel-11734	587	144	impact	impact	VERB
cjel-11734	587	145	the	the	DET
cjel-11734	587	146	leading	lead	VERB
cjel-11734	587	147	funds	fund	NOUN
cjel-11734	587	148	’	'	PUNCT
cjel-11734	587	149	practices	practice	NOUN
cjel-11734	587	150	.	.	PUNCT
cjel-11734	588	1	specifically	specifically	ADV
cjel-11734	588	2	,	,	PUNCT
cjel-11734	588	3	this	this	DET
cjel-11734	588	4	note	note	NOUN
cjel-11734	588	5	will	will	AUX
cjel-11734	588	6	show	show	VERB
cjel-11734	588	7	how	how	SCONJ
cjel-11734	588	8	new	new	ADJ
cjel-11734	588	9	disclosure	disclosure	NOUN
cjel-11734	588	10	requirements	requirement	NOUN
cjel-11734	588	11	in	in	ADP
cjel-11734	588	12	the	the	DET
cjel-11734	588	13	principal	principal	NOUN
cjel-11734	588	14	investing	investing	NOUN
cjel-11734	588	15	strategy	strategy	NOUN
cjel-11734	588	16	sections	section	NOUN
cjel-11734	588	17	of	of	ADP
cjel-11734	588	18	prospectuses	prospectus	NOUN
cjel-11734	588	19	will	will	AUX
cjel-11734	588	20	improve	improve	VERB
cjel-11734	588	21	the	the	DET
cjel-11734	588	22	status	status	NOUN
cjel-11734	588	23	quo	quo	NOUN
cjel-11734	588	24	.	.	PUNCT
cjel-11734	589	1	b.	b.	PROPN
cjel-11734	590	1	the	the	DET
cjel-11734	590	2	names	name	NOUN
cjel-11734	590	3	rule	rule	VERB
cjel-11734	590	4	and	and	CCONJ
cjel-11734	590	5	the	the	DET
cjel-11734	590	6	may	may	PROPN
cjel-11734	590	7	2022	2022	NUM
cjel-11734	590	8	update	update	NOUN
cjel-11734	590	9	before	before	ADP
cjel-11734	590	10	analyzing	analyze	VERB
cjel-11734	590	11	the	the	DET
cjel-11734	590	12	sec	sec	PROPN
cjel-11734	590	13	’s	’s	PART
cjel-11734	590	14	proposed	propose	VERB
cjel-11734	590	15	names	name	NOUN
cjel-11734	590	16	rule	rule	VERB
cjel-11734	590	17	,	,	PUNCT
cjel-11734	590	18	this	this	DET
cjel-11734	590	19	section	section	NOUN
cjel-11734	590	20	will	will	AUX
cjel-11734	590	21	first	first	ADV
cjel-11734	590	22	provide	provide	VERB
cjel-11734	590	23	context	context	NOUN
cjel-11734	590	24	on	on	ADP
cjel-11734	590	25	the	the	DET
cjel-11734	590	26	names	name	NOUN
cjel-11734	590	27	rule	rule	VERB
cjel-11734	590	28	in	in	ADP
cjel-11734	590	29	its	its	PRON
cjel-11734	590	30	original	original	ADJ
cjel-11734	590	31	form	form	NOUN
cjel-11734	590	32	to	to	PART
cjel-11734	590	33	explain	explain	VERB
cjel-11734	590	34	how	how	SCONJ
cjel-11734	590	35	and	and	CCONJ
cjel-11734	590	36	why	why	SCONJ
cjel-11734	590	37	the	the	DET
cjel-11734	590	38	rule	rule	NOUN
cjel-11734	590	39	is	be	AUX
cjel-11734	590	40	potentially	potentially	ADV
cjel-11734	590	41	changing	change	VERB
cjel-11734	590	42	.	.	PUNCT
cjel-11734	591	1	the	the	DET
cjel-11734	591	2	names	name	NOUN
cjel-11734	591	3	rule	rule	NOUN
cjel-11734	591	4	was	be	AUX
cjel-11734	591	5	promulgated	promulgate	VERB
cjel-11734	591	6	by	by	ADP
cjel-11734	591	7	the	the	DET
cjel-11734	591	8	sec	sec	PROPN
cjel-11734	591	9	in	in	ADP
cjel-11734	591	10	2001	2001	NUM
cjel-11734	591	11	pursuant	pursuant	NOUN
cjel-11734	591	12	to	to	ADP
cjel-11734	591	13	its	its	PRON
cjel-11734	591	14	authority158	authority158	PROPN
cjel-11734	591	15	to	to	PART
cjel-11734	591	16	enforce	enforce	VERB
cjel-11734	591	17	section	section	NOUN
cjel-11734	591	18	35(d	35(d	NUM
cjel-11734	591	19	)	)	PUNCT
cjel-11734	591	20	of	of	ADP
cjel-11734	591	21	the	the	DET
cjel-11734	591	22	investment	investment	NOUN
cjel-11734	591	23	company	company	NOUN
cjel-11734	591	24	act	act	NOUN
cjel-11734	591	25	of	of	ADP
cjel-11734	591	26	1940	1940	NUM
cjel-11734	591	27	,	,	PUNCT
cjel-11734	591	28	which	which	PRON
cjel-11734	591	29	prohibits	prohibit	VERB
cjel-11734	591	30	registered	registered	ADJ
cjel-11734	591	31	investment	investment	NOUN
cjel-11734	591	32	companies	company	NOUN
cjel-11734	591	33	(	(	PUNCT
cjel-11734	591	34	including	include	VERB
cjel-11734	591	35	mutual	mutual	ADJ
cjel-11734	591	36	funds	fund	NOUN
cjel-11734	591	37	and	and	CCONJ
cjel-11734	591	38	etfs	etfs	PROPN
cjel-11734	591	39	)	)	PUNCT
cjel-11734	591	40	from	from	ADP
cjel-11734	591	41	adopting	adopt	VERB
cjel-11734	591	42	as	as	ADP
cjel-11734	591	43	part	part	NOUN
cjel-11734	591	44	of	of	ADP
cjel-11734	591	45	their	their	PRON
cjel-11734	591	46	names	name	NOUN
cjel-11734	591	47	“	"	PUNCT
cjel-11734	591	48	any	any	DET
cjel-11734	591	49	word	word	NOUN
cjel-11734	591	50	or	or	CCONJ
cjel-11734	591	51	words	word	NOUN
cjel-11734	591	52	that	that	PRON
cjel-11734	591	53	the	the	DET
cjel-11734	591	54	commission	commission	NOUN
cjel-11734	591	55	finds	find	VERB
cjel-11734	591	56	are	be	AUX
cjel-11734	591	57	materially	materially	ADV
cjel-11734	591	58	deceptive	deceptive	ADJ
cjel-11734	591	59	or	or	CCONJ
cjel-11734	591	60	misleading	misleading	ADJ
cjel-11734	591	61	.	.	PUNCT
cjel-11734	591	62	”159	”159	PUNCT
cjel-11734	592	1	since	since	SCONJ
cjel-11734	592	2	then	then	ADV
cjel-11734	592	3	,	,	PUNCT
cjel-11734	592	4	the	the	DET
cjel-11734	592	5	names	name	NOUN
cjel-11734	592	6	rule	rule	NOUN
cjel-11734	592	7	has	have	AUX
cjel-11734	592	8	served	serve	VERB
cjel-11734	592	9	as	as	ADP
cjel-11734	592	10	an	an	DET
cjel-11734	592	11	“	"	PUNCT
cjel-11734	592	12	investor	investor	NOUN
cjel-11734	592	13	protection	protection	NOUN
cjel-11734	592	14	measure	measure	NOUN
cjel-11734	592	15	designed	design	VERB
cjel-11734	592	16	to	to	PART
cjel-11734	592	17	help	help	VERB
cjel-11734	592	18	ensure	ensure	VERB
cjel-11734	592	19	that	that	SCONJ
cjel-11734	592	20	investors	investor	NOUN
cjel-11734	592	21	are	be	AUX
cjel-11734	592	22	not	not	PART
cjel-11734	592	23	misled	mislead	VERB
cjel-11734	592	24	or	or	CCONJ
cjel-11734	592	25	deceived	deceive	VERB
cjel-11734	592	26	by	by	ADP
cjel-11734	592	27	a	a	DET
cjel-11734	592	28	fund	fund	NOUN
cjel-11734	592	29	’s	’s	PART
cjel-11734	592	30	name	name	NOUN
cjel-11734	592	31	.	.	PUNCT
cjel-11734	593	1	”160	”160	PROPN
cjel-11734	593	2	after	after	ADV
cjel-11734	593	3	all	all	ADV
cjel-11734	593	4	,	,	PUNCT
cjel-11734	593	5	a	a	DET
cjel-11734	593	6	155	155	NUM
cjel-11734	593	7	.	.	PUNCT
cjel-11734	593	8	enhanced	enhance	VERB
cjel-11734	593	9	disclosures	disclosure	NOUN
cjel-11734	593	10	by	by	ADP
cjel-11734	593	11	certain	certain	ADJ
cjel-11734	593	12	investment	investment	NOUN
cjel-11734	593	13	advisers	adviser	NOUN
cjel-11734	593	14	and	and	CCONJ
cjel-11734	593	15	investment	investment	NOUN
cjel-11734	593	16	companies	company	NOUN
cjel-11734	593	17	about	about	ADP
cjel-11734	593	18	environmental	environmental	ADJ
cjel-11734	593	19	,	,	PUNCT
cjel-11734	593	20	social	social	ADJ
cjel-11734	593	21	,	,	PUNCT
cjel-11734	593	22	and	and	CCONJ
cjel-11734	593	23	governance	governance	NOUN
cjel-11734	593	24	investment	investment	NOUN
cjel-11734	593	25	practices	practice	NOUN
cjel-11734	593	26	,	,	PUNCT
cjel-11734	593	27	87	87	NUM
cjel-11734	593	28	fed	fed	PROPN
cjel-11734	593	29	.	.	PUNCT
cjel-11734	594	1	reg	reg	PROPN
cjel-11734	594	2	.	.	PROPN
cjel-11734	595	1	36654	36654	NUM
cjel-11734	595	2	,	,	PUNCT
cjel-11734	595	3	36659	36659	NUM
cjel-11734	595	4	(	(	PUNCT
cjel-11734	595	5	june	june	PROPN
cjel-11734	595	6	17	17	NUM
cjel-11734	595	7	,	,	PUNCT
cjel-11734	595	8	2022	2022	NUM
cjel-11734	595	9	)	)	PUNCT
cjel-11734	596	1	(	(	PUNCT
cjel-11734	596	2	to	to	PART
cjel-11734	596	3	be	be	AUX
cjel-11734	596	4	codified	codify	VERB
cjel-11734	596	5	at	at	ADP
cjel-11734	596	6	17	17	NUM
cjel-11734	596	7	c.f.r	c.f.r	NOUN
cjel-11734	596	8	.	.	PUNCT
cjel-11734	597	1	pts	pts	PROPN
cjel-11734	597	2	.	.	PROPN
cjel-11734	597	3	200	200	NUM
cjel-11734	597	4	,	,	PUNCT
cjel-11734	597	5	230	230	NUM
cjel-11734	597	6	,	,	PUNCT
cjel-11734	597	7	232	232	NUM
cjel-11734	597	8	,	,	PUNCT
cjel-11734	597	9	239	239	NUM
cjel-11734	597	10	,	,	PUNCT
cjel-11734	597	11	249	249	NUM
cjel-11734	597	12	,	,	PUNCT
cjel-11734	597	13	274	274	NUM
cjel-11734	597	14	,	,	PUNCT
cjel-11734	597	15	and	and	CCONJ
cjel-11734	597	16	279	279	NUM
cjel-11734	597	17	)	)	PUNCT
cjel-11734	597	18	.	.	PUNCT
cjel-11734	598	1	156	156	NUM
cjel-11734	598	2	.	.	PUNCT
cjel-11734	599	1	i	i	PRON
cjel-11734	599	2	d.	d.	PROPN
cjel-11734	599	3	at	at	ADP
cjel-11734	599	4	36663	36663	NUM
cjel-11734	599	5	.	.	PUNCT
cjel-11734	600	1	157	157	NUM
cjel-11734	600	2	.	.	PUNCT
cjel-11734	601	1	i	i	PRON
cjel-11734	601	2	d.	d.	PROPN
cjel-11734	601	3	at	at	ADP
cjel-11734	601	4	36663	36663	NUM
cjel-11734	601	5	n.59	n.59	X
cjel-11734	601	6	(	(	PUNCT
cjel-11734	601	7	referencing	reference	VERB
cjel-11734	601	8	proposed	propose	VERB
cjel-11734	601	9	item	item	NOUN
cjel-11734	601	10	4(a)(2)(ii)(b	4(a)(2)(ii)(b	NUM
cjel-11734	601	11	)	)	PUNCT
cjel-11734	601	12	,	,	PUNCT
cjel-11734	601	13	instruction	instruction	NOUN
cjel-11734	601	14	1	1	NUM
cjel-11734	601	15	of	of	ADP
cjel-11734	601	16	form	form	NOUN
cjel-11734	601	17	n	n	CCONJ
cjel-11734	601	18	–	–	PUNCT
cjel-11734	601	19	1a	1a	X
cjel-11734	601	20	(	(	PUNCT
cjel-11734	601	21	codified	codify	VERB
cjel-11734	601	22	at	at	ADP
cjel-11734	601	23	17	17	NUM
cjel-11734	601	24	c.f.r	c.f.r	NOUN
cjel-11734	601	25	.	.	PUNCT
cjel-11734	602	1	274.11a	274.11a	NUM
cjel-11734	602	2	)	)	PUNCT
cjel-11734	602	3	)	)	PUNCT
cjel-11734	602	4	.	.	PUNCT
cjel-11734	603	1	158	158	X
cjel-11734	603	2	.	.	PUNCT
cjel-11734	603	3	national	national	ADJ
cjel-11734	603	4	securities	securities	PROPN
cjel-11734	603	5	markets	markets	PROPN
cjel-11734	603	6	improvement	improvement	PROPN
cjel-11734	603	7	act	act	NOUN
cjel-11734	603	8	of	of	ADP
cjel-11734	603	9	1996	1996	NUM
cjel-11734	603	10	,	,	PUNCT
cjel-11734	603	11	pub	pub	NOUN
cjel-11734	603	12	.	.	PUNCT
cjel-11734	604	1	l.	l.	PROPN
cjel-11734	604	2	no	no	INTJ
cjel-11734	604	3	.	.	PUNCT
cjel-11734	605	1	104–290	104–290	NUM
cjel-11734	605	2	,	,	PUNCT
cjel-11734	605	3	§	§	PROPN
cjel-11734	605	4	208	208	NUM
cjel-11734	605	5	,	,	PUNCT
cjel-11734	605	6	110	110	NUM
cjel-11734	605	7	stat	stat	NOUN
cjel-11734	605	8	.	.	PUNCT
cjel-11734	606	1	3416	3416	NUM
cjel-11734	606	2	,	,	PUNCT
cjel-11734	606	3	3432	3432	NUM
cjel-11734	606	4	(	(	PUNCT
cjel-11734	606	5	codified	codify	VERB
cjel-11734	606	6	at	at	ADP
cjel-11734	606	7	15	15	NUM
cjel-11734	606	8	u.s.c	u.s.c	ADJ
cjel-11734	606	9	.	.	PUNCT
cjel-11734	607	1	§	§	PROPN
cjel-11734	607	2	80a-34(d	80a-34(d	PROPN
cjel-11734	607	3	)	)	PUNCT
cjel-11734	607	4	)	)	PUNCT
cjel-11734	607	5	.	.	PUNCT
cjel-11734	608	1	159	159	NUM
cjel-11734	608	2	.	.	PUNCT
cjel-11734	609	1	i	i	PRON
cjel-11734	609	2	d.	d.	PROPN
cjel-11734	609	3	160	160	NUM
cjel-11734	609	4	.	.	PUNCT
cjel-11734	610	1	request	request	NOUN
cjel-11734	610	2	for	for	ADP
cjel-11734	610	3	comments	comment	NOUN
cjel-11734	610	4	on	on	ADP
cjel-11734	610	5	fund	fund	NOUN
cjel-11734	610	6	names	name	NOUN
cjel-11734	610	7	,	,	PUNCT
cjel-11734	610	8	85	85	NUM
cjel-11734	610	9	fed	feed	VERB
cjel-11734	610	10	.	.	PUNCT
cjel-11734	611	1	reg	reg	PROPN
cjel-11734	611	2	.	.	PUNCT
cjel-11734	612	1	13221	13221	NUM
cjel-11734	612	2	(	(	PUNCT
cjel-11734	612	3	mar	mar	PROPN
cjel-11734	612	4	.	.	PROPN
cjel-11734	612	5	6	6	NUM
cjel-11734	612	6	,	,	PUNCT
cjel-11734	612	7	2020	2020	NUM
cjel-11734	612	8	)	)	PUNCT
cjel-11734	612	9	.	.	PUNCT
cjel-11734	613	1	442	442	NUM
cjel-11734	613	2	columbia	columbia	PROPN
cjel-11734	613	3	journal	journal	PROPN
cjel-11734	613	4	of	of	ADP
cjel-11734	613	5	environmental	environmental	ADJ
cjel-11734	613	6	law	law	NOUN
cjel-11734	613	7	[	[	X
cjel-11734	613	8	vol.48:2	vol.48:2	NOUN
cjel-11734	613	9	fund	fund	NOUN
cjel-11734	613	10	’s	’s	PART
cjel-11734	613	11	name	name	NOUN
cjel-11734	613	12	is	be	AUX
cjel-11734	613	13	often	often	ADV
cjel-11734	613	14	the	the	DET
cjel-11734	613	15	first	first	ADJ
cjel-11734	613	16	piece	piece	NOUN
cjel-11734	613	17	of	of	ADP
cjel-11734	613	18	fund	fund	NOUN
cjel-11734	613	19	information	information	NOUN
cjel-11734	613	20	an	an	DET
cjel-11734	613	21	investor	investor	NOUN
cjel-11734	613	22	sees	see	VERB
cjel-11734	613	23	and	and	CCONJ
cjel-11734	613	24	it	it	PRON
cjel-11734	613	25	can	can	AUX
cjel-11734	613	26	have	have	VERB
cjel-11734	613	27	a	a	DET
cjel-11734	613	28	“	"	PUNCT
cjel-11734	613	29	significant	significant	ADJ
cjel-11734	613	30	impact”161	impact”161	ADJ
cjel-11734	613	31	on	on	ADP
cjel-11734	613	32	their	their	PRON
cjel-11734	613	33	investment	investment	NOUN
cjel-11734	613	34	choice	choice	NOUN
cjel-11734	613	35	.	.	PUNCT
cjel-11734	614	1	the	the	DET
cjel-11734	614	2	names	name	NOUN
cjel-11734	614	3	rule	rule	NOUN
cjel-11734	614	4	has	have	AUX
cjel-11734	614	5	not	not	PART
cjel-11734	614	6	been	be	AUX
cjel-11734	614	7	amended	amend	VERB
cjel-11734	614	8	since	since	SCONJ
cjel-11734	614	9	its	its	PRON
cjel-11734	614	10	adoption	adoption	NOUN
cjel-11734	614	11	in	in	ADP
cjel-11734	614	12	2001.162	2001.162	NUM
cjel-11734	614	13	the	the	DET
cjel-11734	614	14	crux	crux	NOUN
cjel-11734	614	15	of	of	ADP
cjel-11734	614	16	the	the	DET
cjel-11734	614	17	original	original	ADJ
cjel-11734	614	18	names	name	NOUN
cjel-11734	614	19	rule	rule	NOUN
cjel-11734	614	20	is	be	AUX
cjel-11734	614	21	that	that	SCONJ
cjel-11734	614	22	,	,	PUNCT
cjel-11734	614	23	if	if	SCONJ
cjel-11734	614	24	a	a	DET
cjel-11734	614	25	fund	fund	NOUN
cjel-11734	614	26	’s	’s	PART
cjel-11734	614	27	name	name	NOUN
cjel-11734	614	28	suggests	suggest	VERB
cjel-11734	614	29	a	a	DET
cjel-11734	614	30	particular	particular	ADJ
cjel-11734	614	31	type	type	NOUN
cjel-11734	614	32	of	of	ADP
cjel-11734	614	33	investment	investment	NOUN
cjel-11734	614	34	(	(	PUNCT
cjel-11734	614	35	e.g.	e.g.	ADV
cjel-11734	614	36	,	,	PUNCT
cjel-11734	614	37	the	the	DET
cjel-11734	614	38	abc	abc	PROPN
cjel-11734	614	39	bond	bond	PROPN
cjel-11734	614	40	fund	fund	PROPN
cjel-11734	614	41	)	)	PUNCT
cjel-11734	614	42	,	,	PUNCT
cjel-11734	614	43	industry	industry	NOUN
cjel-11734	614	44	(	(	PUNCT
cjel-11734	614	45	e.g.	e.g.	ADV
cjel-11734	614	46	,	,	PUNCT
cjel-11734	614	47	the	the	DET
cjel-11734	614	48	abc	abc	PROPN
cjel-11734	614	49	technology	technology	PROPN
cjel-11734	614	50	fund	fund	PROPN
cjel-11734	614	51	)	)	PUNCT
cjel-11734	614	52	,	,	PUNCT
cjel-11734	614	53	or	or	CCONJ
cjel-11734	614	54	geographic	geographic	ADJ
cjel-11734	614	55	focus	focus	NOUN
cjel-11734	614	56	(	(	PUNCT
cjel-11734	614	57	e.g.	e.g.	ADV
cjel-11734	614	58	,	,	PUNCT
cjel-11734	614	59	the	the	DET
cjel-11734	614	60	abc	abc	PROPN
cjel-11734	614	61	brazil	brazil	PROPN
cjel-11734	614	62	fund	fund	PROPN
cjel-11734	614	63	)	)	PUNCT
cjel-11734	614	64	,	,	PUNCT
cjel-11734	614	65	the	the	DET
cjel-11734	614	66	fund	fund	NOUN
cjel-11734	614	67	must	must	AUX
cjel-11734	614	68	invest	invest	VERB
cjel-11734	614	69	at	at	ADV
cjel-11734	614	70	least	least	ADV
cjel-11734	614	71	80	80	NUM
cjel-11734	614	72	%	%	NOUN
cjel-11734	614	73	of	of	ADP
cjel-11734	614	74	its	its	PRON
cjel-11734	614	75	assets	asset	NOUN
cjel-11734	614	76	in	in	ADP
cjel-11734	614	77	the	the	DET
cjel-11734	614	78	type	type	NOUN
cjel-11734	614	79	of	of	ADP
cjel-11734	614	80	investment	investment	NOUN
cjel-11734	614	81	,	,	PUNCT
cjel-11734	614	82	industry	industry	NOUN
cjel-11734	614	83	,	,	PUNCT
cjel-11734	614	84	or	or	CCONJ
cjel-11734	614	85	geographic	geographic	ADJ
cjel-11734	614	86	region	region	NOUN
cjel-11734	614	87	suggested	suggest	VERB
cjel-11734	614	88	by	by	ADP
cjel-11734	614	89	its	its	PRON
cjel-11734	614	90	name.163	name.163	NOUN
cjel-11734	614	91	crucially	crucially	ADV
cjel-11734	614	92	,	,	PUNCT
cjel-11734	614	93	the	the	DET
cjel-11734	614	94	names	name	NOUN
cjel-11734	614	95	rule	rule	VERB
cjel-11734	614	96	’s	’s	PART
cjel-11734	614	97	80	80	NUM
cjel-11734	614	98	%	%	NOUN
cjel-11734	614	99	requirement	requirement	NOUN
cjel-11734	614	100	does	do	AUX
cjel-11734	614	101	not	not	PART
cjel-11734	614	102	apply	apply	VERB
cjel-11734	614	103	to	to	AUX
cjel-11734	614	104	fund	fund	VERB
cjel-11734	614	105	names	name	NOUN
cjel-11734	614	106	that	that	PRON
cjel-11734	614	107	describe	describe	VERB
cjel-11734	614	108	a	a	DET
cjel-11734	614	109	fund	fund	NOUN
cjel-11734	614	110	’s	’s	PART
cjel-11734	614	111	investment	investment	NOUN
cjel-11734	614	112	objective	objective	NOUN
cjel-11734	614	113	or	or	CCONJ
cjel-11734	614	114	strategy	strategy	NOUN
cjel-11734	614	115	(	(	PUNCT
cjel-11734	614	116	e.g.	e.g.	ADV
cjel-11734	614	117	,	,	PUNCT
cjel-11734	614	118	the	the	DET
cjel-11734	614	119	abc	abc	PROPN
cjel-11734	614	120	growth	growth	PROPN
cjel-11734	614	121	fund).164	fund).164	NOUN
cjel-11734	614	122	this	this	DET
cjel-11734	614	123	bifurcation	bifurcation	NOUN
cjel-11734	614	124	between	between	ADP
cjel-11734	614	125	investment	investment	NOUN
cjel-11734	614	126	types	type	NOUN
cjel-11734	614	127	and	and	CCONJ
cjel-11734	614	128	objectives	objective	NOUN
cjel-11734	614	129	puts	put	VERB
cjel-11734	614	130	esg	esg	NOUN
cjel-11734	614	131	funds	fund	NOUN
cjel-11734	614	132	in	in	ADP
cjel-11734	614	133	a	a	DET
cjel-11734	614	134	gray	gray	ADJ
cjel-11734	614	135	area	area	NOUN
cjel-11734	614	136	.	.	PUNCT
cjel-11734	615	1	esg	esg	NOUN
cjel-11734	615	2	funds	fund	NOUN
cjel-11734	615	3	are	be	AUX
cjel-11734	615	4	not	not	PART
cjel-11734	615	5	an	an	DET
cjel-11734	615	6	investment	investment	NOUN
cjel-11734	615	7	type	type	NOUN
cjel-11734	615	8	,	,	PUNCT
cjel-11734	615	9	like	like	ADP
cjel-11734	615	10	a	a	DET
cjel-11734	615	11	sector	sector	NOUN
cjel-11734	615	12	fund	fund	NOUN
cjel-11734	615	13	.	.	PUNCT
cjel-11734	616	1	nor	nor	CCONJ
cjel-11734	616	2	are	be	AUX
cjel-11734	616	3	they	they	PRON
cjel-11734	616	4	clearly	clearly	ADV
cjel-11734	616	5	an	an	DET
cjel-11734	616	6	investment	investment	NOUN
cjel-11734	616	7	strategy	strategy	NOUN
cjel-11734	616	8	,	,	PUNCT
cjel-11734	616	9	like	like	ADP
cjel-11734	616	10	a	a	DET
cjel-11734	616	11	growth	growth	NOUN
cjel-11734	616	12	fund	fund	NOUN
cjel-11734	616	13	.	.	PUNCT
cjel-11734	617	1	yet	yet	ADV
cjel-11734	617	2	they	they	PRON
cjel-11734	617	3	share	share	VERB
cjel-11734	617	4	characteristics	characteristic	NOUN
cjel-11734	617	5	with	with	ADP
cjel-11734	617	6	both	both	PRON
cjel-11734	617	7	.	.	PUNCT
cjel-11734	618	1	even	even	ADV
cjel-11734	618	2	fund	fund	NOUN
cjel-11734	618	3	managers	manager	NOUN
cjel-11734	618	4	are	be	AUX
cjel-11734	618	5	not	not	PART
cjel-11734	618	6	sure	sure	ADJ
cjel-11734	618	7	whether	whether	SCONJ
cjel-11734	618	8	esg	esg	PROPN
cjel-11734	618	9	fund	fund	NOUN
cjel-11734	618	10	names	name	NOUN
cjel-11734	618	11	describe	describe	VERB
cjel-11734	618	12	an	an	DET
cjel-11734	618	13	investment	investment	NOUN
cjel-11734	618	14	type	type	NOUN
cjel-11734	618	15	(	(	PUNCT
cjel-11734	618	16	subject	subject	ADJ
cjel-11734	618	17	to	to	ADP
cjel-11734	618	18	the	the	DET
cjel-11734	618	19	80	80	NUM
cjel-11734	618	20	%	%	NOUN
cjel-11734	618	21	requirement	requirement	NOUN
cjel-11734	618	22	)	)	PUNCT
cjel-11734	618	23	,	,	PUNCT
cjel-11734	618	24	or	or	CCONJ
cjel-11734	618	25	an	an	DET
cjel-11734	618	26	investment	investment	NOUN
cjel-11734	618	27	strategy	strategy	NOUN
cjel-11734	618	28	(	(	PUNCT
cjel-11734	618	29	exempt	exempt	ADJ
cjel-11734	618	30	from	from	ADP
cjel-11734	618	31	the	the	DET
cjel-11734	618	32	80	80	NUM
cjel-11734	618	33	%	%	NOUN
cjel-11734	618	34	requirement).165	requirement).165	NOUN
cjel-11734	618	35	the	the	DET
cjel-11734	618	36	sec	sec	PROPN
cjel-11734	618	37	itself	itself	PRON
cjel-11734	618	38	has	have	AUX
cjel-11734	618	39	acknowledged	acknowledge	VERB
cjel-11734	618	40	that	that	SCONJ
cjel-11734	618	41	an	an	DET
cjel-11734	618	42	esg	esg	PROPN
cjel-11734	618	43	fund	fund	NOUN
cjel-11734	618	44	could	could	AUX
cjel-11734	618	45	be	be	AUX
cjel-11734	618	46	describing	describe	VERB
cjel-11734	618	47	either	either	CCONJ
cjel-11734	618	48	an	an	DET
cjel-11734	618	49	investment	investment	NOUN
cjel-11734	618	50	type	type	NOUN
cjel-11734	618	51	or	or	CCONJ
cjel-11734	618	52	an	an	DET
cjel-11734	618	53	investment	investment	NOUN
cjel-11734	618	54	objective	objective	NOUN
cjel-11734	618	55	depending	depend	VERB
cjel-11734	618	56	on	on	ADP
cjel-11734	618	57	how	how	SCONJ
cjel-11734	618	58	a	a	DET
cjel-11734	618	59	specific	specific	ADJ
cjel-11734	618	60	fund	fund	NOUN
cjel-11734	618	61	approaches	approach	VERB
cjel-11734	618	62	esg	esg	PROPN
cjel-11734	618	63	investing	investing	NOUN
cjel-11734	618	64	:	:	PUNCT
cjel-11734	618	65	“	"	PUNCT
cjel-11734	618	66	if	if	SCONJ
cjel-11734	618	67	the	the	DET
cjel-11734	618	68	fundamental	fundamental	ADJ
cjel-11734	618	69	application	application	NOUN
cjel-11734	618	70	is	be	AUX
cjel-11734	618	71	to	to	PART
cjel-11734	618	72	determine	determine	VERB
cjel-11734	618	73	‘	'	PUNCT
cjel-11734	618	74	inclusion	inclusion	NOUN
cjel-11734	618	75	’	'	PUNCT
cjel-11734	618	76	or	or	CCONJ
cjel-11734	618	77	‘	'	PUNCT
cjel-11734	618	78	exclusion	exclusion	NOUN
cjel-11734	618	79	’	'	PUNCT
cjel-11734	618	80	of	of	ADP
cjel-11734	618	81	certain	certain	ADJ
cjel-11734	618	82	assets	asset	NOUN
cjel-11734	618	83	,	,	PUNCT
cjel-11734	618	84	this	this	PRON
cjel-11734	618	85	is	be	AUX
cjel-11734	618	86	effectively	effectively	ADV
cjel-11734	618	87	proscribing	proscribe	VERB
cjel-11734	618	88	an	an	DET
cjel-11734	618	89	asset	asset	NOUN
cjel-11734	618	90	type	type	NOUN
cjel-11734	618	91	or	or	CCONJ
cjel-11734	618	92	industry	industry	NOUN
cjel-11734	618	93	which	which	PRON
cjel-11734	618	94	are	be	AUX
cjel-11734	618	95	items	item	NOUN
cjel-11734	618	96	already	already	ADV
cjel-11734	618	97	covered	cover	VERB
cjel-11734	618	98	by	by	ADP
cjel-11734	618	99	the	the	DET
cjel-11734	618	100	names	name	NOUN
cjel-11734	618	101	rule	rule	VERB
cjel-11734	618	102	.	.	PUNCT
cjel-11734	619	1	as	as	ADP
cjel-11734	619	2	such	such	ADJ
cjel-11734	619	3	,	,	PUNCT
cjel-11734	619	4	a	a	DET
cjel-11734	619	5	holdings	holding	NOUN
cjel-11734	619	6	requirement	requirement	NOUN
cjel-11734	619	7	should	should	AUX
cjel-11734	619	8	apply	apply	VERB
cjel-11734	619	9	.	.	PUNCT
cjel-11734	620	1	”166	”166	NOUN
cjel-11734	620	2	before	before	ADP
cjel-11734	620	3	the	the	DET
cjel-11734	620	4	may	may	PROPN
cjel-11734	620	5	2022	2022	NUM
cjel-11734	620	6	proposed	propose	VERB
cjel-11734	620	7	names	name	NOUN
cjel-11734	620	8	rule	rule	VERB
cjel-11734	620	9	,	,	PUNCT
cjel-11734	620	10	the	the	DET
cjel-11734	620	11	sec	sec	PROPN
cjel-11734	620	12	treated	treat	VERB
cjel-11734	620	13	esg	esg	NOUN
cjel-11734	620	14	funds	fund	NOUN
cjel-11734	620	15	as	as	ADP
cjel-11734	620	16	following	follow	VERB
cjel-11734	620	17	an	an	DET
cjel-11734	620	18	investment	investment	NOUN
cjel-11734	620	19	strategy	strategy	NOUN
cjel-11734	620	20	.	.	PUNCT
cjel-11734	621	1	as	as	ADP
cjel-11734	621	2	such	such	ADJ
cjel-11734	621	3	,	,	PUNCT
cjel-11734	621	4	the	the	DET
cjel-11734	621	5	80	80	NUM
cjel-11734	621	6	%	%	NOUN
cjel-11734	621	7	rule	rule	NOUN
cjel-11734	621	8	did	do	AUX
cjel-11734	621	9	not	not	PART
cjel-11734	621	10	apply.167	apply.167	VERB
cjel-11734	621	11	the	the	DET
cjel-11734	621	12	only	only	ADJ
cjel-11734	621	13	form	form	NOUN
cjel-11734	621	14	of	of	ADP
cjel-11734	621	15	investor	investor	NOUN
cjel-11734	621	16	protection	protection	NOUN
cjel-11734	621	17	for	for	ADP
cjel-11734	621	18	fund	fund	NOUN
cjel-11734	621	19	names	name	NOUN
cjel-11734	621	20	describing	describe	VERB
cjel-11734	621	21	a	a	DET
cjel-11734	621	22	fund	fund	NOUN
cjel-11734	621	23	’s	’s	PART
cjel-11734	621	24	objective	objective	NOUN
cjel-11734	621	25	or	or	CCONJ
cjel-11734	621	26	strategy	strategy	NOUN
cjel-11734	621	27	was	be	AUX
cjel-11734	621	28	“	"	PUNCT
cjel-11734	621	29	the	the	DET
cjel-11734	621	30	general	general	ADJ
cjel-11734	621	31	prohibition	prohibition	NOUN
cjel-11734	621	32	on	on	ADP
cjel-11734	621	33	misleading	mislead	VERB
cjel-11734	621	34	names	name	NOUN
cjel-11734	621	35	in	in	ADP
cjel-11734	621	36	section	section	NOUN
cjel-11734	621	37	35(d	35(d	NUM
cjel-11734	621	38	)	)	PUNCT
cjel-11734	621	39	,	,	PUNCT
cjel-11734	621	40	as	as	ADV
cjel-11734	621	41	well	well	ADV
cjel-11734	621	42	as	as	ADP
cjel-11734	621	43	other	other	ADJ
cjel-11734	621	44	antifraud	antifraud	NOUN
cjel-11734	621	45	161	161	NUM
cjel-11734	621	46	.	.	PUNCT
cjel-11734	622	1	i	i	PRON
cjel-11734	622	2	d.	d.	PROPN
cjel-11734	622	3	162	162	NUM
cjel-11734	622	4	.	.	PUNCT
cjel-11734	623	1	comm’r	comm’r	PROPN
cjel-11734	623	2	caroline	caroline	PROPN
cjel-11734	623	3	crenshaw	crenshaw	PROPN
cjel-11734	623	4	,	,	PUNCT
cjel-11734	623	5	a	a	DET
cjel-11734	623	6	rose	rose	NOUN
cjel-11734	623	7	by	by	ADP
cjel-11734	623	8	any	any	DET
cjel-11734	623	9	other	other	ADJ
cjel-11734	623	10	name	name	NOUN
cjel-11734	623	11	:	:	PUNCT
cjel-11734	623	12	statement	statement	NOUN
cjel-11734	623	13	on	on	ADP
cjel-11734	623	14	proposed	propose	VERB
cjel-11734	623	15	amendments	amendment	NOUN
cjel-11734	623	16	to	to	ADP
cjel-11734	623	17	the	the	DET
cjel-11734	623	18	names	name	NOUN
cjel-11734	623	19	rule	rule	NOUN
cjel-11734	623	20	,	,	PUNCT
cjel-11734	623	21	sec	sec	PROPN
cjel-11734	623	22	(	(	PUNCT
cjel-11734	623	23	may	may	PROPN
cjel-11734	623	24	25	25	NUM
cjel-11734	623	25	,	,	PUNCT
cjel-11734	623	26	2022	2022	NUM
cjel-11734	623	27	)	)	PUNCT
cjel-11734	623	28	,	,	PUNCT
cjel-11734	623	29	https://www.sec.gov/news/statement/crenshaw-statement-names-rule-052522#ftn8	https://www.sec.gov/news/statement/crenshaw-statement-names-rule-052522#ftn8	PROPN
cjel-11734	624	1	[	[	X
cjel-11734	624	2	https://perma.cc/95dd-b5qf	https://perma.cc/95dd-b5qf	X
cjel-11734	624	3	]	]	X
cjel-11734	624	4	.	.	PUNCT
cjel-11734	625	1	163	163	NUM
cjel-11734	625	2	.	.	X
cjel-11734	625	3	17	17	NUM
cjel-11734	625	4	c.f.r	c.f.r	NOUN
cjel-11734	625	5	.	.	PUNCT
cjel-11734	626	1	§	§	PROPN
cjel-11734	626	2	270.35d-1(a	270.35d-1(a	NUM
cjel-11734	626	3	)	)	PUNCT
cjel-11734	626	4	(	(	PUNCT
cjel-11734	626	5	2001	2001	NUM
cjel-11734	626	6	)	)	PUNCT
cjel-11734	626	7	.	.	PUNCT
cjel-11734	627	1	164	164	NUM
cjel-11734	627	2	.	.	PUNCT
cjel-11734	627	3	request	request	NOUN
cjel-11734	627	4	for	for	ADP
cjel-11734	627	5	comments	comment	NOUN
cjel-11734	627	6	on	on	ADP
cjel-11734	627	7	fund	fund	NOUN
cjel-11734	627	8	names	name	NOUN
cjel-11734	627	9	,	,	PUNCT
cjel-11734	627	10	85	85	NUM
cjel-11734	627	11	fed	feed	VERB
cjel-11734	627	12	.	.	PUNCT
cjel-11734	628	1	reg	reg	PROPN
cjel-11734	628	2	.	.	PROPN
cjel-11734	628	3	13222	13222	NUM
cjel-11734	628	4	(	(	PUNCT
cjel-11734	628	5	mar	mar	PROPN
cjel-11734	628	6	.	.	PROPN
cjel-11734	628	7	6	6	NUM
cjel-11734	628	8	,	,	PUNCT
cjel-11734	628	9	2020	2020	NUM
cjel-11734	628	10	)	)	PUNCT
cjel-11734	628	11	.	.	PUNCT
cjel-11734	629	1	165	165	NUM
cjel-11734	629	2	.	.	PUNCT
cjel-11734	630	1	as	as	SCONJ
cjel-11734	630	2	the	the	DET
cjel-11734	630	3	sec	sec	PROPN
cjel-11734	630	4	staff	staff	NOUN
cjel-11734	630	5	notes	note	VERB
cjel-11734	630	6	,	,	PUNCT
cjel-11734	630	7	some	some	DET
cjel-11734	630	8	funds	fund	NOUN
cjel-11734	630	9	treat	treat	VERB
cjel-11734	630	10	“	"	PUNCT
cjel-11734	630	11	esg	esg	PROPN
cjel-11734	630	12	”	"	PUNCT
cjel-11734	630	13	as	as	ADP
cjel-11734	630	14	an	an	DET
cjel-11734	630	15	investment	investment	NOUN
cjel-11734	630	16	strategy	strategy	NOUN
cjel-11734	630	17	,	,	PUNCT
cjel-11734	630	18	whereas	whereas	SCONJ
cjel-11734	630	19	others	other	NOUN
cjel-11734	630	20	treat	treat	VERB
cjel-11734	630	21	“	"	PUNCT
cjel-11734	630	22	esg	esg	PROPN
cjel-11734	630	23	”	"	PUNCT
cjel-11734	630	24	as	as	ADP
cjel-11734	630	25	an	an	DET
cjel-11734	630	26	investment	investment	NOUN
cjel-11734	630	27	type	type	NOUN
cjel-11734	630	28	.	.	PUNCT
cjel-11734	631	1	request	request	NOUN
cjel-11734	631	2	for	for	ADP
cjel-11734	631	3	comments	comment	NOUN
cjel-11734	631	4	on	on	ADP
cjel-11734	631	5	fund	fund	NOUN
cjel-11734	631	6	names	name	NOUN
cjel-11734	631	7	,	,	PUNCT
cjel-11734	631	8	85	85	NUM
cjel-11734	631	9	fed	feed	VERB
cjel-11734	631	10	.	.	PUNCT
cjel-11734	632	1	reg	reg	PROPN
cjel-11734	632	2	.	.	PUNCT
cjel-11734	633	1	132223	132223	NUM
cjel-11734	633	2	(	(	PUNCT
cjel-11734	633	3	mar	mar	PROPN
cjel-11734	633	4	.	.	PROPN
cjel-11734	633	5	6	6	NUM
cjel-11734	633	6	,	,	PUNCT
cjel-11734	633	7	2020	2020	NUM
cjel-11734	633	8	)	)	PUNCT
cjel-11734	633	9	.	.	PUNCT
cjel-11734	634	1	166	166	NUM
cjel-11734	634	2	.	.	PUNCT
cjel-11734	635	1	esg	esg	PROPN
cjel-11734	635	2	subcomm	subcomm	NOUN
cjel-11734	635	3	.	.	PUNCT
cjel-11734	636	1	,	,	PUNCT
cjel-11734	636	2	supra	supra	PROPN
cjel-11734	636	3	note	note	VERB
cjel-11734	636	4	133	133	NUM
cjel-11734	636	5	at	at	ADP
cjel-11734	636	6	7	7	NUM
cjel-11734	636	7	.	.	NOUN
cjel-11734	636	8	167	167	NUM
cjel-11734	636	9	.	.	PUNCT
cjel-11734	637	1	i	i	PRON
cjel-11734	637	2	d.	d.	PROPN
cjel-11734	637	3	2023	2023	NUM
cjel-11734	637	4	]	]	PUNCT
cjel-11734	637	5	green	green	ADJ
cjel-11734	637	6	funds	fund	NOUN
cjel-11734	637	7	in	in	ADP
cjel-11734	637	8	a	a	DET
cjel-11734	637	9	gray	gray	ADJ
cjel-11734	637	10	area	area	NOUN
cjel-11734	637	11	443	443	NUM
cjel-11734	637	12	provisions	provision	NOUN
cjel-11734	637	13	of	of	ADP
cjel-11734	637	14	the	the	DET
cjel-11734	637	15	federal	federal	ADJ
cjel-11734	637	16	securities	security	NOUN
cjel-11734	637	17	laws	law	NOUN
cjel-11734	637	18	.	.	PUNCT
cjel-11734	637	19	”168	”168	VERB
cjel-11734	638	1	this	this	DET
cjel-11734	638	2	gray	gray	ADJ
cjel-11734	638	3	area	area	NOUN
cjel-11734	638	4	shows	show	VERB
cjel-11734	638	5	how	how	SCONJ
cjel-11734	638	6	the	the	DET
cjel-11734	638	7	names	name	NOUN
cjel-11734	638	8	rule	rule	VERB
cjel-11734	638	9	—	—	PUNCT
cjel-11734	638	10	and	and	CCONJ
cjel-11734	638	11	the	the	DET
cjel-11734	638	12	asset	asset	NOUN
cjel-11734	638	13	-	-	PUNCT
cjel-11734	638	14	based	base	VERB
cjel-11734	638	15	test	test	NOUN
cjel-11734	638	16	used	use	VERB
cjel-11734	638	17	to	to	PART
cjel-11734	638	18	determine	determine	VERB
cjel-11734	638	19	whether	whether	SCONJ
cjel-11734	638	20	a	a	DET
cjel-11734	638	21	fund	fund	NOUN
cjel-11734	638	22	is	be	AUX
cjel-11734	638	23	subject	subject	ADJ
cjel-11734	638	24	to	to	ADP
cjel-11734	638	25	the	the	DET
cjel-11734	638	26	80	80	NUM
cjel-11734	638	27	%	%	NOUN
cjel-11734	638	28	requirement	requirement	NOUN
cjel-11734	638	29	—	—	PUNCT
cjel-11734	638	30	is	be	AUX
cjel-11734	638	31	not	not	PART
cjel-11734	638	32	fit	fit	ADJ
cjel-11734	638	33	to	to	PART
cjel-11734	638	34	regulate	regulate	VERB
cjel-11734	638	35	esg	esg	PROPN
cjel-11734	638	36	funds	fund	NOUN
cjel-11734	638	37	,	,	PUNCT
cjel-11734	638	38	which	which	PRON
cjel-11734	638	39	blur	blur	VERB
cjel-11734	638	40	the	the	DET
cjel-11734	638	41	line	line	NOUN
cjel-11734	638	42	between	between	ADP
cjel-11734	638	43	investment	investment	NOUN
cjel-11734	638	44	types	type	NOUN
cjel-11734	638	45	and	and	CCONJ
cjel-11734	638	46	strategies	strategy	NOUN
cjel-11734	638	47	.	.	PUNCT
cjel-11734	639	1	the	the	DET
cjel-11734	639	2	sec	sec	PROPN
cjel-11734	639	3	’s	’s	PART
cjel-11734	639	4	two	two	NUM
cjel-11734	639	5	proposed	propose	VERB
cjel-11734	639	6	rules	rule	NOUN
cjel-11734	639	7	mitigate	mitigate	VERB
cjel-11734	639	8	this	this	DET
cjel-11734	639	9	dynamic	dynamic	NOUN
cjel-11734	639	10	in	in	ADP
cjel-11734	639	11	two	two	NUM
cjel-11734	639	12	ways	way	NOUN
cjel-11734	639	13	.	.	PUNCT
cjel-11734	640	1	first	first	ADV
cjel-11734	640	2	,	,	PUNCT
cjel-11734	640	3	in	in	ADP
cjel-11734	640	4	the	the	DET
cjel-11734	640	5	proposed	propose	VERB
cjel-11734	640	6	esg	esg	PROPN
cjel-11734	640	7	fund	fund	NOUN
cjel-11734	640	8	rule	rule	NOUN
cjel-11734	640	9	,	,	PUNCT
cjel-11734	640	10	the	the	DET
cjel-11734	640	11	sec	sec	PROPN
cjel-11734	640	12	’s	’s	PART
cjel-11734	640	13	integration	integration	NOUN
cjel-11734	640	14	,	,	PUNCT
cjel-11734	640	15	esgfocused	esgfocuse	VERB
cjel-11734	640	16	,	,	PUNCT
cjel-11734	640	17	and	and	CCONJ
cjel-11734	640	18	impact	impact	NOUN
cjel-11734	640	19	fund	fund	NOUN
cjel-11734	640	20	framework	framework	NOUN
cjel-11734	640	21	would	would	AUX
cjel-11734	640	22	help	help	VERB
cjel-11734	640	23	investors	investor	NOUN
cjel-11734	640	24	identify	identify	VERB
cjel-11734	640	25	the	the	DET
cjel-11734	640	26	extent	extent	NOUN
cjel-11734	640	27	to	to	PART
cjel-11734	640	28	which	which	PRON
cjel-11734	640	29	a	a	DET
cjel-11734	640	30	given	give	VERB
cjel-11734	640	31	fund	fund	NOUN
cjel-11734	640	32	incorporates	incorporate	VERB
cjel-11734	640	33	esg	esg	NOUN
cjel-11734	640	34	factors	factor	NOUN
cjel-11734	640	35	into	into	ADP
cjel-11734	640	36	its	its	PRON
cjel-11734	640	37	investment	investment	NOUN
cjel-11734	640	38	decisions	decision	NOUN
cjel-11734	640	39	.	.	PUNCT
cjel-11734	641	1	second	second	ADJ
cjel-11734	641	2	,	,	PUNCT
cjel-11734	641	3	and	and	CCONJ
cjel-11734	641	4	more	more	ADV
cjel-11734	641	5	directly	directly	ADV
cjel-11734	641	6	,	,	PUNCT
cjel-11734	641	7	the	the	DET
cjel-11734	641	8	proposed	propose	VERB
cjel-11734	641	9	names	name	NOUN
cjel-11734	641	10	rule	rule	VERB
cjel-11734	641	11	would	would	AUX
cjel-11734	641	12	eliminate	eliminate	VERB
cjel-11734	641	13	this	this	DET
cjel-11734	641	14	unnecessary	unnecessary	ADJ
cjel-11734	641	15	distinction	distinction	NOUN
cjel-11734	641	16	between	between	ADP
cjel-11734	641	17	investment	investment	NOUN
cjel-11734	641	18	types	type	NOUN
cjel-11734	641	19	and	and	CCONJ
cjel-11734	641	20	strategies	strategy	NOUN
cjel-11734	641	21	by	by	ADP
cjel-11734	641	22	expanding	expand	VERB
cjel-11734	641	23	the	the	DET
cjel-11734	641	24	names	name	NOUN
cjel-11734	641	25	rule	rule	VERB
cjel-11734	641	26	to	to	PART
cjel-11734	641	27	“	"	PUNCT
cjel-11734	641	28	apply	apply	VERB
cjel-11734	641	29	to	to	ADP
cjel-11734	641	30	any	any	DET
cjel-11734	641	31	fund	fund	NOUN
cjel-11734	641	32	name	name	NOUN
cjel-11734	641	33	with	with	ADP
cjel-11734	641	34	terms	term	NOUN
cjel-11734	641	35	suggesting	suggest	VERB
cjel-11734	641	36	that	that	SCONJ
cjel-11734	641	37	the	the	DET
cjel-11734	641	38	fund	fund	NOUN
cjel-11734	641	39	focuses	focus	VERB
cjel-11734	641	40	in	in	ADP
cjel-11734	641	41	investments	investment	NOUN
cjel-11734	641	42	that	that	PRON
cjel-11734	641	43	have	have	VERB
cjel-11734	641	44	,	,	PUNCT
cjel-11734	641	45	or	or	CCONJ
cjel-11734	641	46	investments	investment	NOUN
cjel-11734	641	47	whose	whose	DET
cjel-11734	641	48	issuers	issuer	NOUN
cjel-11734	641	49	have	have	VERB
cjel-11734	641	50	,	,	PUNCT
cjel-11734	641	51	particular	particular	ADJ
cjel-11734	641	52	characteristics	characteristic	NOUN
cjel-11734	641	53	,	,	PUNCT
cjel-11734	641	54	”	"	PUNCT
cjel-11734	641	55	including	include	VERB
cjel-11734	641	56	fund	fund	NOUN
cjel-11734	641	57	names	name	NOUN
cjel-11734	641	58	that	that	PRON
cjel-11734	641	59	indicate	indicate	VERB
cjel-11734	641	60	the	the	DET
cjel-11734	641	61	fund	fund	NOUN
cjel-11734	641	62	’s	’s	PART
cjel-11734	641	63	“	"	PUNCT
cjel-11734	641	64	investment	investment	NOUN
cjel-11734	641	65	decisions	decision	NOUN
cjel-11734	641	66	incorporate	incorporate	VERB
cjel-11734	641	67	one	one	NUM
cjel-11734	641	68	or	or	CCONJ
cjel-11734	641	69	more	more	ADJ
cjel-11734	641	70	esg	esg	NOUN
cjel-11734	641	71	factors	factor	NOUN
cjel-11734	641	72	.	.	PUNCT
cjel-11734	641	73	”169	”169	PUNCT
cjel-11734	642	1	according	accord	VERB
cjel-11734	642	2	to	to	ADP
cjel-11734	642	3	the	the	DET
cjel-11734	642	4	sec	sec	PROPN
cjel-11734	642	5	,	,	PUNCT
cjel-11734	642	6	the	the	DET
cjel-11734	642	7	reason	reason	NOUN
cjel-11734	642	8	to	to	PART
cjel-11734	642	9	expand	expand	VERB
cjel-11734	642	10	the	the	DET
cjel-11734	642	11	names	name	NOUN
cjel-11734	642	12	rule	rule	VERB
cjel-11734	642	13	to	to	PART
cjel-11734	642	14	cover	cover	VERB
cjel-11734	642	15	fund	fund	NOUN
cjel-11734	642	16	names	name	NOUN
cjel-11734	642	17	that	that	PRON
cjel-11734	642	18	describe	describe	VERB
cjel-11734	642	19	an	an	DET
cjel-11734	642	20	investment	investment	NOUN
cjel-11734	642	21	strategy	strategy	NOUN
cjel-11734	642	22	is	be	AUX
cjel-11734	642	23	because	because	SCONJ
cjel-11734	642	24	“	"	PUNCT
cjel-11734	642	25	even	even	ADV
cjel-11734	642	26	where	where	SCONJ
cjel-11734	642	27	a	a	DET
cjel-11734	642	28	fund	fund	NOUN
cjel-11734	642	29	’s	’s	PART
cjel-11734	642	30	name	name	NOUN
cjel-11734	642	31	could	could	AUX
cjel-11734	642	32	be	be	AUX
cjel-11734	642	33	construed	construe	VERB
cjel-11734	642	34	as	as	ADP
cjel-11734	642	35	referring	refer	VERB
cjel-11734	642	36	to	to	ADP
cjel-11734	642	37	an	an	DET
cjel-11734	642	38	investment	investment	NOUN
cjel-11734	642	39	strategy	strategy	NOUN
cjel-11734	642	40	,	,	PUNCT
cjel-11734	642	41	it	it	PRON
cjel-11734	642	42	nevertheless	nevertheless	ADV
cjel-11734	642	43	can	can	AUX
cjel-11734	642	44	also	also	ADV
cjel-11734	642	45	connote	connote	VERB
cjel-11734	642	46	an	an	DET
cjel-11734	642	47	investment	investment	NOUN
cjel-11734	642	48	focus	focus	NOUN
cjel-11734	642	49	,	,	PUNCT
cjel-11734	642	50	and	and	CCONJ
cjel-11734	642	51	[	[	X
cjel-11734	642	52	the	the	DET
cjel-11734	642	53	sec	sec	PROPN
cjel-11734	642	54	]	]	X
cjel-11734	642	55	believe[s	believe[s	NOUN
cjel-11734	642	56	]	]	X
cjel-11734	642	57	this	this	DET
cjel-11734	642	58	connotation	connotation	NOUN
cjel-11734	642	59	is	be	AUX
cjel-11734	642	60	likely	likely	ADJ
cjel-11734	642	61	to	to	PART
cjel-11734	642	62	be	be	AUX
cjel-11734	642	63	materially	materially	ADV
cjel-11734	642	64	deceptive	deceptive	ADJ
cjel-11734	642	65	and	and	CCONJ
cjel-11734	642	66	misleading	misleading	ADJ
cjel-11734	642	67	unless	unless	SCONJ
cjel-11734	642	68	supported	support	VERB
cjel-11734	642	69	by	by	ADP
cjel-11734	642	70	an	an	DET
cjel-11734	642	71	80	80	NUM
cjel-11734	642	72	%	%	NOUN
cjel-11734	642	73	investment	investment	NOUN
cjel-11734	642	74	policy	policy	NOUN
cjel-11734	642	75	.	.	PUNCT
cjel-11734	642	76	”170	”170	PUNCT
cjel-11734	643	1	in	in	ADP
cjel-11734	643	2	so	so	ADV
cjel-11734	643	3	doing	do	VERB
cjel-11734	643	4	,	,	PUNCT
cjel-11734	643	5	the	the	DET
cjel-11734	643	6	sec	sec	PROPN
cjel-11734	643	7	has	have	AUX
cjel-11734	643	8	reframed	reframe	VERB
cjel-11734	643	9	the	the	DET
cjel-11734	643	10	issue	issue	NOUN
cjel-11734	643	11	from	from	ADP
cjel-11734	643	12	being	be	AUX
cjel-11734	643	13	an	an	DET
cjel-11734	643	14	exercise	exercise	NOUN
cjel-11734	643	15	of	of	ADP
cjel-11734	643	16	whether	whether	SCONJ
cjel-11734	643	17	a	a	DET
cjel-11734	643	18	fund	fund	NOUN
cjel-11734	643	19	’s	’s	PART
cjel-11734	643	20	name	name	NOUN
cjel-11734	643	21	describes	describe	VERB
cjel-11734	643	22	an	an	DET
cjel-11734	643	23	asset	asset	NOUN
cjel-11734	643	24	type	type	NOUN
cjel-11734	643	25	or	or	CCONJ
cjel-11734	643	26	strategy	strategy	NOUN
cjel-11734	643	27	,	,	PUNCT
cjel-11734	643	28	to	to	PART
cjel-11734	643	29	simply	simply	ADV
cjel-11734	643	30	asking	ask	VERB
cjel-11734	643	31	whether	whether	SCONJ
cjel-11734	643	32	“	"	PUNCT
cjel-11734	643	33	a	a	DET
cjel-11734	643	34	fund	fund	NOUN
cjel-11734	643	35	name	name	NOUN
cjel-11734	643	36	might	might	AUX
cjel-11734	643	37	connote	connote	VERB
cjel-11734	643	38	a	a	DET
cjel-11734	643	39	particular	particular	ADJ
cjel-11734	643	40	investment	investment	NOUN
cjel-11734	643	41	focus	focus	NOUN
cjel-11734	643	42	and	and	CCONJ
cjel-11734	643	43	result	result	VERB
cjel-11734	643	44	in	in	ADP
cjel-11734	643	45	reasonable	reasonable	ADJ
cjel-11734	643	46	investor	investor	NOUN
cjel-11734	643	47	expectations	expectation	NOUN
cjel-11734	643	48	regardless	regardless	ADV
cjel-11734	643	49	of	of	ADP
cjel-11734	643	50	whether	whether	SCONJ
cjel-11734	643	51	the	the	DET
cjel-11734	643	52	fund	fund	NOUN
cjel-11734	643	53	’s	’s	PART
cjel-11734	643	54	name	name	NOUN
cjel-11734	643	55	describes	describe	VERB
cjel-11734	643	56	a	a	DET
cjel-11734	643	57	strategy	strategy	NOUN
cjel-11734	643	58	as	as	SCONJ
cjel-11734	643	59	opposed	oppose	VERB
cjel-11734	643	60	to	to	ADP
cjel-11734	643	61	a	a	DET
cjel-11734	643	62	type	type	NOUN
cjel-11734	643	63	of	of	ADP
cjel-11734	643	64	investment	investment	NOUN
cjel-11734	643	65	.	.	PUNCT
cjel-11734	643	66	”171	”171	PUNCT
cjel-11734	643	67	to	to	PART
cjel-11734	643	68	further	far	ADV
cjel-11734	643	69	bolster	bolster	VERB
cjel-11734	643	70	investors	investor	NOUN
cjel-11734	643	71	’	’	PART
cjel-11734	643	72	understanding	understanding	NOUN
cjel-11734	643	73	of	of	ADP
cjel-11734	643	74	a	a	DET
cjel-11734	643	75	fund	fund	NOUN
cjel-11734	643	76	name	name	NOUN
cjel-11734	643	77	that	that	PRON
cjel-11734	643	78	incorporates	incorporate	VERB
cjel-11734	643	79	esg	esg	NOUN
cjel-11734	643	80	language	language	NOUN
cjel-11734	643	81	,	,	PUNCT
cjel-11734	643	82	the	the	DET
cjel-11734	643	83	proposed	propose	VERB
cjel-11734	643	84	names	name	NOUN
cjel-11734	643	85	rule	rule	VERB
cjel-11734	643	86	would	would	AUX
cjel-11734	643	87	require	require	VERB
cjel-11734	643	88	a	a	DET
cjel-11734	643	89	fund	fund	NOUN
cjel-11734	643	90	to	to	PART
cjel-11734	643	91	include	include	VERB
cjel-11734	643	92	definitions	definition	NOUN
cjel-11734	643	93	of	of	ADP
cjel-11734	643	94	the	the	DET
cjel-11734	643	95	terms	term	NOUN
cjel-11734	643	96	used	use	VERB
cjel-11734	643	97	in	in	ADP
cjel-11734	643	98	its	its	PRON
cjel-11734	643	99	name	name	NOUN
cjel-11734	643	100	,	,	PUNCT
cjel-11734	643	101	in	in	ADP
cjel-11734	643	102	plain	plain	ADJ
cjel-11734	643	103	english,172	english,172	NOUN
cjel-11734	643	104	“	"	PUNCT
cjel-11734	643	105	including	include	VERB
cjel-11734	643	106	the	the	DET
cjel-11734	643	107	specific	specific	ADJ
cjel-11734	643	108	criteria	criterion	NOUN
cjel-11734	643	109	the	the	DET
cjel-11734	643	110	fund	fund	NOUN
cjel-11734	643	111	uses	use	VERB
cjel-11734	643	112	to	to	PART
cjel-11734	643	113	select	select	VERB
cjel-11734	643	114	the	the	DET
cjel-11734	643	115	investments	investment	NOUN
cjel-11734	643	116	the	the	DET
cjel-11734	643	117	term	term	NOUN
cjel-11734	643	118	describes	describe	VERB
cjel-11734	643	119	,	,	PUNCT
cjel-11734	643	120	if	if	SCONJ
cjel-11734	643	121	any	any	PRON
cjel-11734	643	122	,	,	PUNCT
cjel-11734	643	123	”	"	PUNCT
cjel-11734	643	124	in	in	ADP
cjel-11734	643	125	the	the	DET
cjel-11734	643	126	fund	fund	NOUN
cjel-11734	643	127	’s	’s	PART
cjel-11734	643	128	disclosures.173	disclosures.173	PROPN
cjel-11734	643	129	applying	apply	VERB
cjel-11734	643	130	labels	label	NOUN
cjel-11734	643	131	like	like	ADP
cjel-11734	643	132	integration	integration	NOUN
cjel-11734	643	133	or	or	CCONJ
cjel-11734	643	134	esg	esg	PROPN
cjel-11734	643	135	-	-	PUNCT
cjel-11734	643	136	focused	focus	VERB
cjel-11734	643	137	fund	fund	NOUN
cjel-11734	643	138	should	should	AUX
cjel-11734	643	139	help	help	VERB
cjel-11734	643	140	investors	investor	NOUN
cjel-11734	643	141	more	more	ADV
cjel-11734	643	142	easily	easily	ADV
cjel-11734	643	143	discern	discern	ADJ
cjel-11734	643	144	whether	whether	SCONJ
cjel-11734	643	145	esg	esg	PROPN
cjel-11734	643	146	considerations	consideration	NOUN
cjel-11734	643	147	are	be	AUX
cjel-11734	643	148	central	central	ADJ
cjel-11734	643	149	168	168	NUM
cjel-11734	643	150	.	.	PUNCT
cjel-11734	644	1	request	request	NOUN
cjel-11734	644	2	for	for	ADP
cjel-11734	644	3	comments	comment	NOUN
cjel-11734	644	4	on	on	ADP
cjel-11734	644	5	fund	fund	NOUN
cjel-11734	644	6	names	name	NOUN
cjel-11734	644	7	,	,	PUNCT
cjel-11734	644	8	85	85	NUM
cjel-11734	644	9	fed	feed	VERB
cjel-11734	644	10	.	.	PUNCT
cjel-11734	645	1	reg	reg	PROPN
cjel-11734	645	2	.	.	PROPN
cjel-11734	645	3	13222	13222	NUM
cjel-11734	645	4	(	(	PUNCT
cjel-11734	645	5	mar	mar	PROPN
cjel-11734	645	6	.	.	PROPN
cjel-11734	645	7	6	6	NUM
cjel-11734	645	8	,	,	PUNCT
cjel-11734	645	9	2020	2020	NUM
cjel-11734	645	10	)	)	PUNCT
cjel-11734	645	11	at	at	ADP
cjel-11734	645	12	n.17	n.17	PROPN
cjel-11734	645	13	.	.	PROPN
cjel-11734	645	14	169	169	NUM
cjel-11734	645	15	.	.	PUNCT
cjel-11734	646	1	investment	investment	NOUN
cjel-11734	646	2	company	company	NOUN
cjel-11734	646	3	names	name	NOUN
cjel-11734	646	4	,	,	PUNCT
cjel-11734	646	5	87	87	NUM
cjel-11734	646	6	fed	fed	PROPN
cjel-11734	646	7	.	.	PUNCT
cjel-11734	647	1	reg	reg	PROPN
cjel-11734	647	2	.	.	PUNCT
cjel-11734	648	1	36597	36597	NUM
cjel-11734	648	2	(	(	PUNCT
cjel-11734	648	3	june	june	PROPN
cjel-11734	648	4	17	17	NUM
cjel-11734	648	5	,	,	PUNCT
cjel-11734	648	6	2022	2022	NUM
cjel-11734	648	7	)	)	PUNCT
cjel-11734	648	8	(	(	PUNCT
cjel-11734	648	9	to	to	PART
cjel-11734	648	10	be	be	AUX
cjel-11734	648	11	codified	codify	VERB
cjel-11734	648	12	at	at	ADP
cjel-11734	648	13	17	17	NUM
cjel-11734	648	14	c.f.r	c.f.r	NOUN
cjel-11734	648	15	.	.	PUNCT
cjel-11734	649	1	§	§	PROPN
cjel-11734	649	2	§	§	PROPN
cjel-11734	649	3	230	230	NUM
cjel-11734	649	4	,	,	PUNCT
cjel-11734	649	5	232	232	NUM
cjel-11734	649	6	,	,	PUNCT
cjel-11734	649	7	239	239	NUM
cjel-11734	649	8	,	,	PUNCT
cjel-11734	649	9	270	270	NUM
cjel-11734	649	10	,	,	PUNCT
cjel-11734	649	11	and	and	CCONJ
cjel-11734	649	12	274	274	NUM
cjel-11734	649	13	)	)	PUNCT
cjel-11734	649	14	.	.	PUNCT
cjel-11734	650	1	170	170	NUM
cjel-11734	650	2	.	.	PUNCT
cjel-11734	651	1	i	i	PRON
cjel-11734	651	2	d.	d.	PROPN
cjel-11734	651	3	at	at	ADP
cjel-11734	651	4	36598	36598	NUM
cjel-11734	651	5	.	.	PUNCT
cjel-11734	652	1	171	171	NUM
cjel-11734	652	2	.	.	PUNCT
cjel-11734	653	1	i	i	PRON
cjel-11734	653	2	d.	d.	PROPN
cjel-11734	653	3	172	172	NUM
cjel-11734	653	4	.	.	PUNCT
cjel-11734	654	1	i	i	PRON
cjel-11734	654	2	d.	d.	PROPN
cjel-11734	654	3	at	at	ADP
cjel-11734	654	4	36646	36646	NUM
cjel-11734	654	5	(	(	PUNCT
cjel-11734	654	6	to	to	PART
cjel-11734	654	7	be	be	AUX
cjel-11734	654	8	codified	codify	VERB
cjel-11734	654	9	at	at	ADP
cjel-11734	654	10	17	17	NUM
cjel-11734	654	11	c.f.r	c.f.r	NOUN
cjel-11734	654	12	.	.	PUNCT
cjel-11734	655	1	§	§	PROPN
cjel-11734	655	2	270.35d-1(a)(2)(iii	270.35d-1(a)(2)(iii	NUM
cjel-11734	655	3	)	)	PUNCT
cjel-11734	655	4	)	)	PUNCT
cjel-11734	655	5	.	.	PUNCT
cjel-11734	656	1	173	173	NUM
cjel-11734	656	2	.	.	PUNCT
cjel-11734	657	1	i	i	PRON
cjel-11734	657	2	d.	d.	PROPN
cjel-11734	657	3	at	at	ADP
cjel-11734	657	4	36611	36611	NUM
cjel-11734	657	5	;	;	PUNCT
cjel-11734	657	6	see	see	VERB
cjel-11734	657	7	also	also	ADV
cjel-11734	657	8	i	i	PROPN
cjel-11734	657	9	d.	d.	PROPN
cjel-11734	657	10	at	at	ADP
cjel-11734	657	11	proposed	propose	VERB
cjel-11734	657	12	item	item	NOUN
cjel-11734	657	13	4(a)(1	4(a)(1	NUM
cjel-11734	657	14	)	)	PUNCT
cjel-11734	657	15	of	of	ADP
cjel-11734	657	16	form	form	NOUN
cjel-11734	657	17	n–1a	n–1a	PROPN
cjel-11734	657	18	.	.	PROPN
cjel-11734	657	19	444	444	NUM
cjel-11734	657	20	columbia	columbia	PROPN
cjel-11734	657	21	journal	journal	PROPN
cjel-11734	657	22	of	of	ADP
cjel-11734	657	23	environmental	environmental	ADJ
cjel-11734	657	24	law	law	NOUN
cjel-11734	658	1	[	[	X
cjel-11734	658	2	vol.48:2	vol.48:2	NOUN
cjel-11734	658	3	to	to	ADP
cjel-11734	658	4	a	a	DET
cjel-11734	658	5	fund	fund	NOUN
cjel-11734	658	6	’s	’s	PART
cjel-11734	658	7	investment	investment	NOUN
cjel-11734	658	8	selection	selection	NOUN
cjel-11734	658	9	process	process	NOUN
cjel-11734	658	10	,	,	PUNCT
cjel-11734	658	11	or	or	CCONJ
cjel-11734	658	12	whether	whether	SCONJ
cjel-11734	658	13	the	the	DET
cjel-11734	658	14	fund	fund	NOUN
cjel-11734	658	15	is	be	AUX
cjel-11734	658	16	more	more	ADV
cjel-11734	658	17	passively	passively	ADV
cjel-11734	658	18	integrating	integrate	VERB
cjel-11734	658	19	esg	esg	NOUN
cjel-11734	658	20	factors	factor	NOUN
cjel-11734	658	21	.	.	PUNCT
cjel-11734	659	1	it	it	PRON
cjel-11734	659	2	might	might	AUX
cjel-11734	659	3	also	also	ADV
cjel-11734	659	4	eliminate	eliminate	VERB
cjel-11734	659	5	cases	case	NOUN
cjel-11734	659	6	of	of	ADP
cjel-11734	659	7	greenwashing	greenwashing	NOUN
cjel-11734	659	8	in	in	ADP
cjel-11734	659	9	which	which	PRON
cjel-11734	659	10	a	a	DET
cjel-11734	659	11	fund	fund	NOUN
cjel-11734	659	12	uses	use	VERB
cjel-11734	659	13	an	an	DET
cjel-11734	659	14	esg	esg	NOUN
cjel-11734	659	15	label	label	NOUN
cjel-11734	659	16	for	for	ADP
cjel-11734	659	17	no	no	DET
cjel-11734	659	18	other	other	ADJ
cjel-11734	659	19	reason	reason	NOUN
cjel-11734	659	20	than	than	SCONJ
cjel-11734	659	21	to	to	PART
cjel-11734	659	22	attract	attract	VERB
cjel-11734	659	23	inflows.174	inflows.174	PROPN
cjel-11734	659	24	at	at	ADP
cjel-11734	659	25	the	the	DET
cjel-11734	659	26	same	same	ADJ
cjel-11734	659	27	time	time	NOUN
cjel-11734	659	28	,	,	PUNCT
cjel-11734	659	29	the	the	DET
cjel-11734	659	30	proposed	propose	VERB
cjel-11734	659	31	regime	regime	NOUN
cjel-11734	659	32	will	will	AUX
cjel-11734	659	33	require	require	VERB
cjel-11734	659	34	investors	investor	NOUN
cjel-11734	659	35	to	to	PART
cjel-11734	659	36	learn	learn	VERB
cjel-11734	659	37	a	a	DET
cjel-11734	659	38	new	new	ADJ
cjel-11734	659	39	taxonomy	taxonomy	NOUN
cjel-11734	659	40	in	in	ADP
cjel-11734	659	41	an	an	DET
cjel-11734	659	42	already	already	ADV
cjel-11734	659	43	jargonloaded	jargonloade	VERB
cjel-11734	659	44	space	space	NOUN
cjel-11734	659	45	.	.	PUNCT
cjel-11734	660	1	furthermore	furthermore	ADV
cjel-11734	660	2	,	,	PUNCT
cjel-11734	660	3	the	the	DET
cjel-11734	660	4	proposed	propose	VERB
cjel-11734	660	5	labels	label	NOUN
cjel-11734	660	6	could	could	AUX
cjel-11734	660	7	lead	lead	VERB
cjel-11734	660	8	to	to	ADP
cjel-11734	660	9	increased	increase	VERB
cjel-11734	660	10	investor	investor	NOUN
cjel-11734	660	11	confusion	confusion	NOUN
cjel-11734	660	12	because	because	SCONJ
cjel-11734	660	13	the	the	DET
cjel-11734	660	14	system	system	NOUN
cjel-11734	660	15	’s	’s	PART
cjel-11734	660	16	structure	structure	NOUN
cjel-11734	660	17	eliminates	eliminate	VERB
cjel-11734	660	18	much	much	ADJ
cjel-11734	660	19	of	of	ADP
cjel-11734	660	20	the	the	DET
cjel-11734	660	21	nuance	nuance	NOUN
cjel-11734	660	22	between	between	ADP
cjel-11734	660	23	different	different	ADJ
cjel-11734	660	24	esg	esg	NOUN
cjel-11734	660	25	funds	fund	NOUN
cjel-11734	660	26	.	.	PUNCT
cjel-11734	661	1	for	for	ADP
cjel-11734	661	2	example	example	NOUN
cjel-11734	661	3	,	,	PUNCT
cjel-11734	661	4	all	all	DET
cjel-11734	661	5	“	"	PUNCT
cjel-11734	661	6	esg	esg	PROPN
cjel-11734	661	7	-	-	PUNCT
cjel-11734	661	8	focused	focused	ADJ
cjel-11734	661	9	”	"	PUNCT
cjel-11734	661	10	funds	fund	NOUN
cjel-11734	661	11	might	might	AUX
cjel-11734	661	12	be	be	AUX
cjel-11734	661	13	viewed	view	VERB
cjel-11734	661	14	as	as	ADP
cjel-11734	661	15	equally	equally	ADV
cjel-11734	661	16	weighing	weigh	VERB
cjel-11734	661	17	esg	esg	NOUN
cjel-11734	661	18	factors	factor	NOUN
cjel-11734	661	19	into	into	ADP
cjel-11734	661	20	the	the	DET
cjel-11734	661	21	investment	investment	NOUN
cjel-11734	661	22	decision	decision	NOUN
cjel-11734	661	23	process	process	NOUN
cjel-11734	661	24	,	,	PUNCT
cjel-11734	661	25	even	even	ADV
cjel-11734	661	26	if	if	SCONJ
cjel-11734	661	27	their	their	PRON
cjel-11734	661	28	particular	particular	ADJ
cjel-11734	661	29	strategies	strategy	NOUN
cjel-11734	661	30	and	and	CCONJ
cjel-11734	661	31	esg	esg	NOUN
cjel-11734	661	32	impact	impact	NOUN
cjel-11734	661	33	vary	vary	NOUN
cjel-11734	661	34	dramatically.175	dramatically.175	NOUN
cjel-11734	661	35	part	part	NOUN
cjel-11734	661	36	iii	iii	NOUN
cjel-11734	661	37	will	will	AUX
cjel-11734	661	38	examine	examine	VERB
cjel-11734	661	39	how	how	SCONJ
cjel-11734	661	40	this	this	DET
cjel-11734	661	41	potential	potential	ADJ
cjel-11734	661	42	change	change	NOUN
cjel-11734	661	43	might	might	AUX
cjel-11734	661	44	impact	impact	VERB
cjel-11734	661	45	funds	fund	NOUN
cjel-11734	661	46	as	as	ADV
cjel-11734	661	47	well	well	ADV
cjel-11734	661	48	as	as	ADP
cjel-11734	661	49	retail	retail	ADJ
cjel-11734	661	50	investors	investor	NOUN
cjel-11734	661	51	,	,	PUNCT
cjel-11734	661	52	who	who	PRON
cjel-11734	661	53	often	often	ADV
cjel-11734	661	54	struggle	struggle	VERB
cjel-11734	661	55	to	to	PART
cjel-11734	661	56	make	make	VERB
cjel-11734	661	57	sense	sense	NOUN
cjel-11734	661	58	of	of	ADP
cjel-11734	661	59	fund	fund	NOUN
cjel-11734	661	60	disclosures	disclosure	NOUN
cjel-11734	661	61	.	.	PUNCT
cjel-11734	662	1	it	it	PRON
cjel-11734	662	2	will	will	AUX
cjel-11734	662	3	also	also	ADV
cjel-11734	662	4	identify	identify	VERB
cjel-11734	662	5	a	a	DET
cjel-11734	662	6	second	second	ADJ
cjel-11734	662	7	gray	gray	ADJ
cjel-11734	662	8	area	area	NOUN
cjel-11734	662	9	for	for	ADP
cjel-11734	662	10	esg	esg	PROPN
cjel-11734	662	11	funds	fund	NOUN
cjel-11734	662	12	:	:	PUNCT
cjel-11734	662	13	that	that	SCONJ
cjel-11734	662	14	an	an	DET
cjel-11734	662	15	80	80	NUM
cjel-11734	662	16	%	%	NOUN
cjel-11734	662	17	requirement	requirement	NOUN
cjel-11734	662	18	does	do	AUX
cjel-11734	662	19	not	not	PART
cjel-11734	662	20	fit	fit	VERB
cjel-11734	662	21	esg	esg	NOUN
cjel-11734	662	22	funds	fund	NOUN
cjel-11734	662	23	,	,	PUNCT
cjel-11734	662	24	which	which	PRON
cjel-11734	662	25	seek	seek	VERB
cjel-11734	662	26	to	to	PART
cjel-11734	662	27	have	have	VERB
cjel-11734	662	28	extramarket	extramarket	NOUN
cjel-11734	662	29	impacts	impact	NOUN
cjel-11734	662	30	and	and	CCONJ
cjel-11734	662	31	can	can	AUX
cjel-11734	662	32	have	have	VERB
cjel-11734	662	33	their	their	PRON
cjel-11734	662	34	objectives	objective	NOUN
cjel-11734	662	35	directly	directly	ADV
cjel-11734	662	36	mitigated	mitigate	VERB
cjel-11734	662	37	by	by	ADP
cjel-11734	662	38	the	the	DET
cjel-11734	662	39	non	non	ADJ
cjel-11734	662	40	-	-	ADJ
cjel-11734	662	41	complying	complying	ADJ
cjel-11734	662	42	parts	part	NOUN
cjel-11734	662	43	of	of	ADP
cjel-11734	662	44	their	their	PRON
cjel-11734	662	45	funds	fund	NOUN
cjel-11734	662	46	(	(	PUNCT
cjel-11734	662	47	i.e.	i.e.	X
cjel-11734	662	48	the	the	DET
cjel-11734	662	49	20	20	NUM
cjel-11734	662	50	%	%	NOUN
cjel-11734	662	51	)	)	PUNCT
cjel-11734	662	52	.	.	PUNCT
cjel-11734	663	1	iii	iii	X
cjel-11734	663	2	.	.	PUNCT
cjel-11734	664	1	the	the	DET
cjel-11734	664	2	esg	esg	PROPN
cjel-11734	664	3	fund	fund	PROPN
cjel-11734	664	4	labeling	labeling	NOUN
cjel-11734	664	5	problem	problem	NOUN
cjel-11734	664	6	in	in	ADP
cjel-11734	664	7	action	action	NOUN
cjel-11734	664	8	to	to	PART
cjel-11734	664	9	better	well	ADV
cjel-11734	664	10	understand	understand	VERB
cjel-11734	664	11	how	how	SCONJ
cjel-11734	664	12	the	the	DET
cjel-11734	664	13	current	current	ADJ
cjel-11734	664	14	regulatory	regulatory	ADJ
cjel-11734	664	15	framework	framework	NOUN
cjel-11734	664	16	is	be	AUX
cjel-11734	664	17	failing	fail	VERB
cjel-11734	664	18	to	to	PART
cjel-11734	664	19	provide	provide	VERB
cjel-11734	664	20	investors	investor	NOUN
cjel-11734	664	21	with	with	ADP
cjel-11734	664	22	the	the	DET
cjel-11734	664	23	clarity	clarity	NOUN
cjel-11734	664	24	they	they	PRON
cjel-11734	664	25	need	need	VERB
cjel-11734	664	26	to	to	PART
cjel-11734	664	27	make	make	VERB
cjel-11734	664	28	informed	informed	ADJ
cjel-11734	664	29	investment	investment	NOUN
cjel-11734	664	30	decisions	decision	NOUN
cjel-11734	664	31	and	and	CCONJ
cjel-11734	664	32	how	how	SCONJ
cjel-11734	664	33	the	the	DET
cjel-11734	664	34	sec	sec	PROPN
cjel-11734	664	35	’s	’s	PART
cjel-11734	664	36	proposed	propose	VERB
cjel-11734	664	37	rules	rule	NOUN
cjel-11734	664	38	would	would	AUX
cjel-11734	664	39	affect	affect	VERB
cjel-11734	664	40	the	the	DET
cjel-11734	664	41	status	status	NOUN
cjel-11734	664	42	quo	quo	NOUN
cjel-11734	664	43	,	,	PUNCT
cjel-11734	664	44	this	this	DET
cjel-11734	664	45	part	part	NOUN
cjel-11734	664	46	examines	examine	VERB
cjel-11734	664	47	how	how	SCONJ
cjel-11734	664	48	the	the	DET
cjel-11734	664	49	leading	lead	VERB
cjel-11734	664	50	esg	esg	NOUN
cjel-11734	664	51	open	open	ADJ
cjel-11734	664	52	-	-	PUNCT
cjel-11734	664	53	end	end	NOUN
cjel-11734	664	54	funds	fund	NOUN
cjel-11734	664	55	are	be	AUX
cjel-11734	664	56	naming	name	VERB
cjel-11734	664	57	themselves	themselves	PRON
cjel-11734	664	58	and	and	CCONJ
cjel-11734	664	59	disclosing	disclose	VERB
cjel-11734	664	60	key	key	ADJ
cjel-11734	664	61	esg	esg	NOUN
cjel-11734	664	62	information	information	NOUN
cjel-11734	664	63	.	.	PUNCT
cjel-11734	665	1	just	just	ADV
cjel-11734	665	2	as	as	SCONJ
cjel-11734	665	3	a	a	DET
cjel-11734	665	4	cereal	cereal	NOUN
cjel-11734	665	5	box	box	NOUN
cjel-11734	665	6	ought	ought	AUX
cjel-11734	665	7	to	to	PART
cjel-11734	665	8	help	help	VERB
cjel-11734	665	9	a	a	DET
cjel-11734	665	10	consumer	consumer	NOUN
cjel-11734	665	11	determine	determine	VERB
cjel-11734	665	12	whether	whether	SCONJ
cjel-11734	665	13	a	a	DET
cjel-11734	665	14	cereal	cereal	NOUN
cjel-11734	665	15	aligns	align	VERB
cjel-11734	665	16	with	with	ADP
cjel-11734	665	17	their	their	PRON
cjel-11734	665	18	dietary	dietary	ADJ
cjel-11734	665	19	objectives	objective	NOUN
cjel-11734	665	20	,	,	PUNCT
cjel-11734	665	21	ideally	ideally	ADV
cjel-11734	665	22	,	,	PUNCT
cjel-11734	665	23	a	a	DET
cjel-11734	665	24	fund	fund	NOUN
cjel-11734	665	25	’s	’s	PART
cjel-11734	665	26	name	name	NOUN
cjel-11734	665	27	and	and	CCONJ
cjel-11734	665	28	disclosures	disclosure	NOUN
cjel-11734	665	29	should	should	AUX
cjel-11734	665	30	enable	enable	VERB
cjel-11734	665	31	an	an	DET
cjel-11734	665	32	investor	investor	NOUN
cjel-11734	665	33	to	to	PART
cjel-11734	665	34	determine	determine	VERB
cjel-11734	665	35	whether	whether	SCONJ
cjel-11734	665	36	a	a	DET
cjel-11734	665	37	fund	fund	NOUN
cjel-11734	665	38	is	be	AUX
cjel-11734	665	39	a	a	DET
cjel-11734	665	40	good	good	ADJ
cjel-11734	665	41	match	match	NOUN
cjel-11734	665	42	for	for	ADP
cjel-11734	665	43	their	their	PRON
cjel-11734	665	44	specific	specific	ADJ
cjel-11734	665	45	investing	investing	NOUN
cjel-11734	665	46	goals	goal	NOUN
cjel-11734	665	47	.	.	PUNCT
cjel-11734	666	1	because	because	SCONJ
cjel-11734	666	2	investors	investor	NOUN
cjel-11734	666	3	have	have	AUX
cjel-11734	666	4	widely	widely	ADV
cjel-11734	666	5	varying	vary	VERB
cjel-11734	666	6	esg	esg	NOUN
cjel-11734	666	7	objectives	objective	NOUN
cjel-11734	666	8	,	,	PUNCT
cjel-11734	666	9	disclosure	disclosure	NOUN
cjel-11734	666	10	ought	ought	AUX
cjel-11734	666	11	to	to	PART
cjel-11734	666	12	make	make	VERB
cjel-11734	666	13	clear	clear	ADJ
cjel-11734	666	14	how	how	SCONJ
cjel-11734	666	15	a	a	DET
cjel-11734	666	16	fund	fund	NOUN
cjel-11734	666	17	approaches	approach	VERB
cjel-11734	666	18	esg	esg	NOUN
cjel-11734	666	19	investing	invest	VERB
cjel-11734	666	20	so	so	SCONJ
cjel-11734	666	21	individuals	individual	NOUN
cjel-11734	666	22	can	can	AUX
cjel-11734	666	23	invest	invest	VERB
cjel-11734	666	24	with	with	ADP
cjel-11734	666	25	increased	increase	VERB
cjel-11734	666	26	knowledge	knowledge	NOUN
cjel-11734	666	27	and	and	CCONJ
cjel-11734	666	28	confidence	confidence	NOUN
cjel-11734	666	29	.	.	PUNCT
cjel-11734	667	1	the	the	DET
cjel-11734	667	2	data	datum	NOUN
cjel-11734	667	3	presented	present	VERB
cjel-11734	667	4	below	below	ADV
cjel-11734	667	5	is	be	AUX
cjel-11734	667	6	not	not	PART
cjel-11734	667	7	intended	intend	VERB
cjel-11734	667	8	to	to	PART
cjel-11734	667	9	provide	provide	VERB
cjel-11734	667	10	a	a	DET
cjel-11734	667	11	complete	complete	ADJ
cjel-11734	667	12	view	view	NOUN
cjel-11734	667	13	of	of	ADP
cjel-11734	667	14	the	the	DET
cjel-11734	667	15	esg	esg	PROPN
cjel-11734	667	16	fund	fund	NOUN
cjel-11734	667	17	landscape	landscape	NOUN
cjel-11734	667	18	.	.	PUNCT
cjel-11734	668	1	however	however	ADV
cjel-11734	668	2	,	,	PUNCT
cjel-11734	668	3	because	because	SCONJ
cjel-11734	668	4	the	the	DET
cjel-11734	668	5	sample	sample	NOUN
cjel-11734	668	6	set	set	NOUN
cjel-11734	668	7	is	be	AUX
cjel-11734	668	8	174	174	NUM
cjel-11734	668	9	.	.	PUNCT
cjel-11734	669	1	however	however	ADV
cjel-11734	669	2	,	,	PUNCT
cjel-11734	669	3	the	the	DET
cjel-11734	669	4	consensus	consensus	NOUN
cjel-11734	669	5	is	be	AUX
cjel-11734	669	6	that	that	SCONJ
cjel-11734	669	7	such	such	ADJ
cjel-11734	669	8	egregious	egregious	ADJ
cjel-11734	669	9	greenwashing	greenwashing	NOUN
cjel-11734	669	10	is	be	AUX
cjel-11734	669	11	rare	rare	ADJ
cjel-11734	669	12	.	.	PUNCT
cjel-11734	670	1	see	see	VERB
cjel-11734	670	2	ryan	ryan	PROPN
cjel-11734	670	3	clements	clements	PROPN
cjel-11734	670	4	,	,	PUNCT
cjel-11734	670	5	why	why	SCONJ
cjel-11734	670	6	comparability	comparability	NOUN
cjel-11734	670	7	is	be	AUX
cjel-11734	670	8	a	a	DET
cjel-11734	670	9	greater	great	ADJ
cjel-11734	670	10	problem	problem	NOUN
cjel-11734	670	11	than	than	ADP
cjel-11734	670	12	greenwashing	greenwashe	VERB
cjel-11734	670	13	in	in	ADP
cjel-11734	670	14	esg	esg	PROPN
cjel-11734	670	15	etfs	etfs	PROPN
cjel-11734	670	16	,	,	PUNCT
cjel-11734	670	17	13	13	NUM
cjel-11734	670	18	wm	wm	PROPN
cjel-11734	670	19	.	.	PROPN
cjel-11734	670	20	&	&	CCONJ
cjel-11734	670	21	mary	mary	PROPN
cjel-11734	670	22	bus	bus	PROPN
cjel-11734	670	23	.	.	PUNCT
cjel-11734	671	1	l.	l.	PROPN
cjel-11734	671	2	rev	rev	PROPN
cjel-11734	671	3	.	.	PROPN
cjel-11734	671	4	441	441	NUM
cjel-11734	671	5	,	,	PUNCT
cjel-11734	671	6	457	457	NUM
cjel-11734	671	7	(	(	PUNCT
cjel-11734	671	8	2022	2022	NUM
cjel-11734	671	9	)	)	PUNCT
cjel-11734	671	10	(	(	PUNCT
cjel-11734	671	11	“	"	PUNCT
cjel-11734	671	12	there	there	PRON
cjel-11734	671	13	is	be	VERB
cjel-11734	671	14	little	little	ADJ
cjel-11734	671	15	evidence	evidence	NOUN
cjel-11734	671	16	that	that	SCONJ
cjel-11734	671	17	greenwashing	greenwashing	NOUN
cjel-11734	671	18	is	be	AUX
cjel-11734	671	19	pervasive	pervasive	ADJ
cjel-11734	671	20	in	in	ADP
cjel-11734	671	21	asset	asset	NOUN
cjel-11734	671	22	management	management	NOUN
cjel-11734	671	23	or	or	CCONJ
cjel-11734	671	24	etfs	etfs	NOUN
cjel-11734	671	25	.	.	PUNCT
cjel-11734	671	26	”	"	PUNCT
cjel-11734	671	27	)	)	PUNCT
cjel-11734	671	28	.	.	PUNCT
cjel-11734	672	1	175	175	NUM
cjel-11734	672	2	.	.	PUNCT
cjel-11734	673	1	for	for	ADP
cjel-11734	673	2	instance	instance	NOUN
cjel-11734	673	3	,	,	PUNCT
cjel-11734	673	4	a	a	DET
cjel-11734	673	5	clean	clean	ADJ
cjel-11734	673	6	energy	energy	NOUN
cjel-11734	673	7	fund	fund	NOUN
cjel-11734	673	8	that	that	PRON
cjel-11734	673	9	solely	solely	ADV
cjel-11734	673	10	invests	invest	VERB
cjel-11734	673	11	in	in	ADP
cjel-11734	673	12	clean	clean	ADJ
cjel-11734	673	13	energy	energy	NOUN
cjel-11734	673	14	companies	company	NOUN
cjel-11734	673	15	and	and	CCONJ
cjel-11734	673	16	a	a	DET
cjel-11734	673	17	large	large	ADJ
cjel-11734	673	18	mutual	mutual	ADJ
cjel-11734	673	19	fund	fund	NOUN
cjel-11734	673	20	that	that	PRON
cjel-11734	673	21	applies	apply	VERB
cjel-11734	673	22	an	an	DET
cjel-11734	673	23	esg	esg	NOUN
cjel-11734	673	24	integration	integration	NOUN
cjel-11734	673	25	strategy	strategy	NOUN
cjel-11734	673	26	but	but	CCONJ
cjel-11734	673	27	has	have	VERB
cjel-11734	673	28	a	a	DET
cjel-11734	673	29	negative	negative	ADJ
cjel-11734	673	30	paris	paris	PROPN
cjel-11734	673	31	climate	climate	NOUN
cjel-11734	673	32	score	score	NOUN
cjel-11734	673	33	might	might	AUX
cjel-11734	673	34	both	both	PRON
cjel-11734	673	35	be	be	AUX
cjel-11734	673	36	labeled	label	VERB
cjel-11734	673	37	an	an	DET
cjel-11734	673	38	“	"	PUNCT
cjel-11734	673	39	esg	esg	VERB
cjel-11734	673	40	-	-	PUNCT
cjel-11734	673	41	focused	focused	ADJ
cjel-11734	673	42	”	"	PUNCT
cjel-11734	673	43	fund	fund	NOUN
cjel-11734	673	44	.	.	PUNCT
cjel-11734	674	1	this	this	PRON
cjel-11734	674	2	might	might	AUX
cjel-11734	674	3	bolster	bolster	VERB
cjel-11734	674	4	the	the	DET
cjel-11734	674	5	latter	latter	ADJ
cjel-11734	674	6	and	and	CCONJ
cjel-11734	674	7	dilute	dilute	VERB
cjel-11734	674	8	the	the	DET
cjel-11734	674	9	uniqueness	uniqueness	NOUN
cjel-11734	674	10	of	of	ADP
cjel-11734	674	11	the	the	DET
cjel-11734	674	12	former	former	ADJ
cjel-11734	674	13	.	.	PROPN
cjel-11734	675	1	2023	2023	NUM
cjel-11734	675	2	]	]	PUNCT
cjel-11734	675	3	green	green	ADJ
cjel-11734	675	4	funds	fund	NOUN
cjel-11734	675	5	in	in	ADP
cjel-11734	675	6	a	a	DET
cjel-11734	675	7	gray	gray	ADJ
cjel-11734	675	8	area	area	NOUN
cjel-11734	675	9	445	445	NUM
cjel-11734	675	10	comprised	comprise	VERB
cjel-11734	675	11	of	of	ADP
cjel-11734	675	12	the	the	DET
cjel-11734	675	13	largest	large	ADJ
cjel-11734	675	14	open	open	ADJ
cjel-11734	675	15	-	-	PUNCT
cjel-11734	675	16	end	end	NOUN
cjel-11734	675	17	funds,176	funds,176	PROPN
cjel-11734	675	18	it	it	PRON
cjel-11734	675	19	is	be	AUX
cjel-11734	675	20	indicative	indicative	ADJ
cjel-11734	675	21	of	of	ADP
cjel-11734	675	22	how	how	SCONJ
cjel-11734	675	23	industry	industry	NOUN
cjel-11734	675	24	leaders	leader	NOUN
cjel-11734	675	25	are	be	AUX
cjel-11734	675	26	disclosing	disclose	VERB
cjel-11734	675	27	esg	esg	NOUN
cjel-11734	675	28	information	information	NOUN
cjel-11734	675	29	and	and	CCONJ
cjel-11734	675	30	representative	representative	NOUN
cjel-11734	675	31	of	of	ADP
cjel-11734	675	32	an	an	DET
cjel-11734	675	33	investor	investor	NOUN
cjel-11734	675	34	’s	’s	PART
cjel-11734	675	35	experience	experience	NOUN
cjel-11734	675	36	researching	research	VERB
cjel-11734	675	37	esg	esg	NOUN
cjel-11734	675	38	funds	fund	NOUN
cjel-11734	675	39	.	.	PUNCT
cjel-11734	676	1	after	after	ADP
cjel-11734	676	2	considering	consider	VERB
cjel-11734	676	3	how	how	SCONJ
cjel-11734	676	4	the	the	DET
cjel-11734	676	5	sec	sec	PROPN
cjel-11734	676	6	’s	’s	PART
cjel-11734	676	7	proposed	propose	VERB
cjel-11734	676	8	regulatory	regulatory	ADJ
cjel-11734	676	9	regime	regime	NOUN
cjel-11734	676	10	might	might	AUX
cjel-11734	676	11	resolve	resolve	VERB
cjel-11734	676	12	the	the	DET
cjel-11734	676	13	esg	esg	PROPN
cjel-11734	676	14	fund	fund	PROPN
cjel-11734	676	15	labeling	labeling	NOUN
cjel-11734	676	16	problem	problem	NOUN
cjel-11734	676	17	,	,	PUNCT
cjel-11734	676	18	part	part	NOUN
cjel-11734	676	19	iii(b	iii(b	PROPN
cjel-11734	676	20	)	)	PUNCT
cjel-11734	676	21	provides	provide	VERB
cjel-11734	676	22	information	information	NOUN
cjel-11734	676	23	on	on	ADP
cjel-11734	676	24	retail	retail	ADJ
cjel-11734	676	25	investors	investor	NOUN
cjel-11734	676	26	’	’	PART
cjel-11734	676	27	research	research	NOUN
cjel-11734	676	28	and	and	CCONJ
cjel-11734	676	29	investing	investing	NOUN
cjel-11734	676	30	habits	habit	NOUN
cjel-11734	676	31	to	to	PART
cjel-11734	676	32	consider	consider	VERB
cjel-11734	676	33	whether	whether	SCONJ
cjel-11734	676	34	these	these	DET
cjel-11734	676	35	proposals	proposal	NOUN
cjel-11734	676	36	address	address	VERB
cjel-11734	676	37	the	the	DET
cjel-11734	676	38	needs	need	NOUN
cjel-11734	676	39	of	of	ADP
cjel-11734	676	40	retail	retail	ADJ
cjel-11734	676	41	investors	investor	NOUN
cjel-11734	676	42	.	.	PUNCT
cjel-11734	677	1	a.	a.	NOUN
cjel-11734	677	2	an	an	DET
cjel-11734	677	3	investor	investor	NOUN
cjel-11734	677	4	’s	’s	PART
cjel-11734	677	5	experience	experience	NOUN
cjel-11734	677	6	researching	research	VERB
cjel-11734	677	7	esg	esg	PROPN
cjel-11734	677	8	funds	fund	NOUN
cjel-11734	677	9	the	the	DET
cjel-11734	677	10	data	datum	NOUN
cjel-11734	677	11	below	below	ADV
cjel-11734	677	12	is	be	AUX
cjel-11734	677	13	derived	derive	VERB
cjel-11734	677	14	from	from	ADP
cjel-11734	677	15	twenty	twenty	NUM
cjel-11734	677	16	esg	esg	NOUN
cjel-11734	677	17	funds	fund	NOUN
cjel-11734	677	18	:	:	PUNCT
cjel-11734	677	19	ten	ten	NUM
cjel-11734	677	20	etfs	etfs	NOUN
cjel-11734	677	21	and	and	CCONJ
cjel-11734	677	22	ten	ten	NUM
cjel-11734	677	23	mutual	mutual	ADJ
cjel-11734	677	24	funds.177	funds.177	CCONJ
cjel-11734	677	25	the	the	DET
cjel-11734	677	26	twenty	twenty	NUM
cjel-11734	677	27	funds	fund	NOUN
cjel-11734	677	28	selected	select	VERB
cjel-11734	677	29	were	be	AUX
cjel-11734	677	30	the	the	DET
cjel-11734	677	31	ten	ten	NUM
cjel-11734	677	32	largest	large	ADJ
cjel-11734	677	33	esg	esg	NOUN
cjel-11734	677	34	funds	fund	NOUN
cjel-11734	677	35	by	by	ADP
cjel-11734	677	36	assets	asset	NOUN
cjel-11734	677	37	under	under	ADP
cjel-11734	677	38	management178	management178	PROPN
cjel-11734	677	39	in	in	SCONJ
cjel-11734	677	40	their	their	PRON
cjel-11734	677	41	respective	respective	ADJ
cjel-11734	677	42	categories.179	categories.179	PROPN
cjel-11734	677	43	tables	table	VERB
cjel-11734	677	44	1	1	NUM
cjel-11734	677	45	and	and	CCONJ
cjel-11734	677	46	2	2	NUM
cjel-11734	677	47	below	below	ADV
cjel-11734	677	48	identify	identify	VERB
cjel-11734	677	49	the	the	DET
cjel-11734	677	50	funds	fund	NOUN
cjel-11734	677	51	along	along	ADP
cjel-11734	677	52	with	with	ADP
cjel-11734	677	53	their	their	PRON
cjel-11734	677	54	assets	asset	NOUN
cjel-11734	677	55	under	under	ADP
cjel-11734	677	56	management	management	NOUN
cjel-11734	677	57	.	.	PUNCT
cjel-11734	678	1	table	table	NOUN
cjel-11734	678	2	1	1	NUM
cjel-11734	678	3	:	:	SYM
cjel-11734	678	4	ten	ten	NUM
cjel-11734	678	5	largest	large	ADJ
cjel-11734	678	6	esg	esg	PROPN
cjel-11734	678	7	etfs	etfs	PROPN
cjel-11734	678	8	ticker	ticker	PROPN
cjel-11734	678	9	full	full	ADJ
cjel-11734	678	10	name	name	NOUN
cjel-11734	678	11	assets	asset	NOUN
cjel-11734	678	12	under	under	ADP
cjel-11734	678	13	management	management	NOUN
cjel-11734	678	14	(	(	PUNCT
cjel-11734	678	15	figures	figure	NOUN
cjel-11734	678	16	shown	show	VERB
cjel-11734	678	17	as	as	ADP
cjel-11734	678	18	$	$	SYM
cjel-11734	678	19	millions	million	NOUN
cjel-11734	678	20	)	)	PUNCT
cjel-11734	678	21	esgu	esgu	PROPN
cjel-11734	678	22	ishares	ishares	PROPN
cjel-11734	678	23	esg	esg	PROPN
cjel-11734	678	24	aware	aware	ADJ
cjel-11734	678	25	msci	msci	PROPN
cjel-11734	678	26	usa	usa	PROPN
cjel-11734	678	27	etf	etf	PROPN
cjel-11734	678	28	$	$	SYM
cjel-11734	678	29	14,157	14,157	NUM
cjel-11734	678	30	esgd	esgd	PROPN
cjel-11734	678	31	ishares	ishares	PROPN
cjel-11734	678	32	esg	esg	PROPN
cjel-11734	678	33	aware	aware	PROPN
cjel-11734	678	34	msci	msci	PROPN
cjel-11734	678	35	eafe	eafe	PROPN
cjel-11734	678	36	etf	etf	NOUN
cjel-11734	678	37	$	$	SYM
cjel-11734	678	38	7,260	7,260	NUM
cjel-11734	678	39	176	176	NUM
cjel-11734	678	40	.	.	PUNCT
cjel-11734	679	1	the	the	DET
cjel-11734	679	2	sample	sample	NOUN
cjel-11734	679	3	set	set	NOUN
cjel-11734	679	4	was	be	AUX
cjel-11734	679	5	initially	initially	ADV
cjel-11734	679	6	developed	develop	VERB
cjel-11734	679	7	on	on	ADP
cjel-11734	679	8	october	october	PROPN
cjel-11734	679	9	12	12	NUM
cjel-11734	679	10	,	,	PUNCT
cjel-11734	679	11	2021	2021	NUM
cjel-11734	679	12	,	,	PUNCT
cjel-11734	679	13	with	with	ADP
cjel-11734	679	14	data	datum	NOUN
cjel-11734	679	15	from	from	ADP
cjel-11734	679	16	the	the	DET
cjel-11734	679	17	bloomberg	bloomberg	PROPN
cjel-11734	679	18	terminal	terminal	NOUN
cjel-11734	679	19	.	.	PUNCT
cjel-11734	680	1	the	the	DET
cjel-11734	680	2	funds	fund	NOUN
cjel-11734	680	3	were	be	AUX
cjel-11734	680	4	identified	identify	VERB
cjel-11734	680	5	by	by	ADP
cjel-11734	680	6	searching	search	VERB
cjel-11734	680	7	for	for	ADP
cjel-11734	680	8	funds	fund	NOUN
cjel-11734	680	9	domiciled	domicile	VERB
cjel-11734	680	10	in	in	ADP
cjel-11734	680	11	the	the	DET
cjel-11734	680	12	united	united	PROPN
cjel-11734	680	13	states	states	PROPN
cjel-11734	680	14	that	that	PRON
cjel-11734	680	15	met	meet	VERB
cjel-11734	680	16	the	the	DET
cjel-11734	680	17	following	follow	VERB
cjel-11734	680	18	criteria	criterion	NOUN
cjel-11734	680	19	:	:	PUNCT
cjel-11734	680	20	fund	fund	NOUN
cjel-11734	680	21	types	type	NOUN
cjel-11734	680	22	of	of	ADP
cjel-11734	680	23	“	"	PUNCT
cjel-11734	680	24	open	open	ADJ
cjel-11734	680	25	-	-	PUNCT
cjel-11734	680	26	end	end	NOUN
cjel-11734	680	27	fund	fund	NOUN
cjel-11734	680	28	”	"	PUNCT
cjel-11734	680	29	and/or	and/or	CCONJ
cjel-11734	680	30	“	"	PUNCT
cjel-11734	680	31	mutual	mutual	ADJ
cjel-11734	680	32	fund	fund	NOUN
cjel-11734	680	33	,	,	PUNCT
cjel-11734	680	34	”	"	PUNCT
cjel-11734	680	35	and	and	CCONJ
cjel-11734	680	36	with	with	ADP
cjel-11734	680	37	the	the	DET
cjel-11734	680	38	general	general	ADJ
cjel-11734	680	39	attributes	attribute	NOUN
cjel-11734	680	40	of	of	ADP
cjel-11734	680	41	“	"	PUNCT
cjel-11734	680	42	esg	esg	PROPN
cjel-11734	680	43	”	"	PUNCT
cjel-11734	680	44	or	or	CCONJ
cjel-11734	680	45	“	"	PUNCT
cjel-11734	680	46	socially	socially	ADV
cjel-11734	680	47	responsible	responsible	ADJ
cjel-11734	680	48	.	.	PUNCT
cjel-11734	680	49	”	"	PUNCT
cjel-11734	681	1	at	at	ADP
cjel-11734	681	2	that	that	DET
cjel-11734	681	3	time	time	NOUN
cjel-11734	681	4	,	,	PUNCT
cjel-11734	681	5	these	these	DET
cjel-11734	681	6	funds	fund	NOUN
cjel-11734	681	7	were	be	AUX
cjel-11734	681	8	the	the	DET
cjel-11734	681	9	ten	ten	NUM
cjel-11734	681	10	largest	large	ADJ
cjel-11734	681	11	mutual	mutual	ADJ
cjel-11734	681	12	funds	fund	NOUN
cjel-11734	681	13	and	and	CCONJ
cjel-11734	681	14	etfs	etfs	NOUN
cjel-11734	681	15	.	.	PUNCT
cjel-11734	682	1	the	the	DET
cjel-11734	682	2	source	source	NOUN
cjel-11734	682	3	data	datum	NOUN
cjel-11734	682	4	is	be	AUX
cjel-11734	682	5	on	on	ADP
cjel-11734	682	6	file	file	NOUN
cjel-11734	682	7	with	with	ADP
cjel-11734	682	8	the	the	DET
cjel-11734	682	9	author	author	NOUN
cjel-11734	682	10	.	.	PUNCT
cjel-11734	683	1	177	177	NUM
cjel-11734	683	2	.	.	PUNCT
cjel-11734	684	1	see	see	VERB
cjel-11734	684	2	sec	sec	PROPN
cjel-11734	684	3	,	,	PUNCT
cjel-11734	684	4	mutual	mutual	ADJ
cjel-11734	684	5	funds	fund	NOUN
cjel-11734	684	6	and	and	CCONJ
cjel-11734	684	7	etfs	etfs	PROPN
cjel-11734	684	8	,	,	PUNCT
cjel-11734	684	9	supra	supra	PROPN
cjel-11734	684	10	notes	note	NOUN
cjel-11734	684	11	5–6	5–6	VERB
cjel-11734	684	12	for	for	ADP
cjel-11734	684	13	definitions	definition	NOUN
cjel-11734	684	14	of	of	ADP
cjel-11734	684	15	mutual	mutual	ADJ
cjel-11734	684	16	funds	fund	NOUN
cjel-11734	684	17	and	and	CCONJ
cjel-11734	684	18	etfs	etfs	NOUN
cjel-11734	684	19	.	.	PUNCT
cjel-11734	685	1	178	178	NUM
cjel-11734	685	2	.	.	PUNCT
cjel-11734	686	1	all	all	DET
cjel-11734	686	2	data	datum	NOUN
cjel-11734	686	3	on	on	ADP
cjel-11734	686	4	fund	fund	NOUN
cjel-11734	686	5	assets	asset	NOUN
cjel-11734	686	6	under	under	ADP
cjel-11734	686	7	management	management	NOUN
cjel-11734	686	8	are	be	AUX
cjel-11734	686	9	from	from	ADP
cjel-11734	686	10	the	the	DET
cjel-11734	686	11	bloomberg	bloomberg	PROPN
cjel-11734	686	12	terminal	terminal	NOUN
cjel-11734	686	13	.	.	PUNCT
cjel-11734	687	1	the	the	DET
cjel-11734	687	2	assets	asset	NOUN
cjel-11734	687	3	under	under	ADP
cjel-11734	687	4	management	management	NOUN
cjel-11734	687	5	,	,	PUNCT
cjel-11734	687	6	or	or	CCONJ
cjel-11734	687	7	“	"	PUNCT
cjel-11734	687	8	total	total	ADJ
cjel-11734	687	9	assets	asset	NOUN
cjel-11734	687	10	”	"	PUNCT
cjel-11734	687	11	figures	figure	NOUN
cjel-11734	687	12	were	be	AUX
cjel-11734	687	13	last	last	ADV
cjel-11734	687	14	updated	update	VERB
cjel-11734	687	15	on	on	ADP
cjel-11734	687	16	april	april	PROPN
cjel-11734	687	17	5	5	NUM
cjel-11734	687	18	,	,	PUNCT
cjel-11734	687	19	2023	2023	NUM
cjel-11734	687	20	.	.	PUNCT
cjel-11734	688	1	the	the	DET
cjel-11734	688	2	formula	formula	NOUN
cjel-11734	688	3	used	use	VERB
cjel-11734	688	4	to	to	PART
cjel-11734	688	5	find	find	VERB
cjel-11734	688	6	the	the	DET
cjel-11734	688	7	data	datum	NOUN
cjel-11734	688	8	is	be	AUX
cjel-11734	688	9	:	:	PUNCT
cjel-11734	688	10	“	"	PUNCT
cjel-11734	688	11	=	=	X
cjel-11734	688	12	@bdp(“[ticker	@bdp(“[ticker	PROPN
cjel-11734	688	13	]	]	X
cjel-11734	688	14	us	us	PROPN
cjel-11734	688	15	equity	equity	NOUN
cjel-11734	688	16	”	"	PUNCT
cjel-11734	688	17	,	,	PUNCT
cjel-11734	688	18	“	"	PUNCT
cjel-11734	688	19	fund	fund	NOUN
cjel-11734	688	20	total	total	ADJ
cjel-11734	688	21	assets	asset	NOUN
cjel-11734	688	22	”	"	PUNCT
cjel-11734	688	23	)	)	PUNCT
cjel-11734	688	24	.	.	PUNCT
cjel-11734	689	1	179	179	NUM
cjel-11734	689	2	.	.	PUNCT
cjel-11734	690	1	although	although	SCONJ
cjel-11734	690	2	some	some	PRON
cjel-11734	690	3	of	of	ADP
cjel-11734	690	4	the	the	DET
cjel-11734	690	5	largest	large	ADJ
cjel-11734	690	6	mutual	mutual	ADJ
cjel-11734	690	7	funds	fund	NOUN
cjel-11734	690	8	in	in	ADP
cjel-11734	690	9	the	the	DET
cjel-11734	690	10	set	set	NOUN
cjel-11734	690	11	were	be	AUX
cjel-11734	690	12	the	the	DET
cjel-11734	690	13	institutional	institutional	ADJ
cjel-11734	690	14	share	share	NOUN
cjel-11734	690	15	classes	class	NOUN
cjel-11734	690	16	of	of	ADP
cjel-11734	690	17	funds	fund	NOUN
cjel-11734	690	18	,	,	PUNCT
cjel-11734	690	19	the	the	DET
cjel-11734	690	20	summary	summary	NOUN
cjel-11734	690	21	prospectuses	prospectus	NOUN
cjel-11734	690	22	are	be	AUX
cjel-11734	690	23	substantively	substantively	ADV
cjel-11734	690	24	identical	identical	ADJ
cjel-11734	690	25	for	for	ADP
cjel-11734	690	26	all	all	DET
cjel-11734	690	27	share	share	NOUN
cjel-11734	690	28	classes	class	NOUN
cjel-11734	690	29	(	(	PUNCT
cjel-11734	690	30	i.e.	i.e.	X
cjel-11734	690	31	,	,	PUNCT
cjel-11734	690	32	the	the	DET
cjel-11734	690	33	content	content	NOUN
cjel-11734	690	34	in	in	ADP
cjel-11734	690	35	the	the	DET
cjel-11734	690	36	summary	summary	NOUN
cjel-11734	690	37	prospectus	prospectus	NOUN
cjel-11734	690	38	of	of	ADP
cjel-11734	690	39	a	a	DET
cjel-11734	690	40	fund	fund	NOUN
cjel-11734	690	41	’s	’s	PART
cjel-11734	690	42	institutional	institutional	ADJ
cjel-11734	690	43	share	share	NOUN
cjel-11734	690	44	class	class	NOUN
cjel-11734	690	45	is	be	AUX
cjel-11734	690	46	reflective	reflective	ADJ
cjel-11734	690	47	of	of	ADP
cjel-11734	690	48	what	what	PRON
cjel-11734	690	49	a	a	DET
cjel-11734	690	50	retail	retail	ADJ
cjel-11734	690	51	investor	investor	NOUN
cjel-11734	690	52	would	would	AUX
cjel-11734	690	53	see	see	VERB
cjel-11734	690	54	as	as	ADV
cjel-11734	690	55	well	well	ADV
cjel-11734	690	56	)	)	PUNCT
cjel-11734	690	57	.	.	PUNCT
cjel-11734	691	1	446	446	NUM
cjel-11734	691	2	columbia	columbia	PROPN
cjel-11734	691	3	journal	journal	PROPN
cjel-11734	691	4	of	of	ADP
cjel-11734	691	5	environmental	environmental	ADJ
cjel-11734	691	6	law	law	NOUN
cjel-11734	691	7	[	[	X
cjel-11734	691	8	vol.48:2	vol.48:2	NOUN
cjel-11734	691	9	esgv	esgv	VERB
cjel-11734	691	10	vanguard	vanguard	PROPN
cjel-11734	691	11	esg	esg	PROPN
cjel-11734	691	12	u.s	u.s	PROPN
cjel-11734	691	13	.	.	PROPN
cjel-11734	691	14	stock	stock	PROPN
cjel-11734	691	15	etf	etf	PROPN
cjel-11734	691	16	$	$	SYM
cjel-11734	691	17	6,104	6,104	NUM
cjel-11734	691	18	esge	esge	PROPN
cjel-11734	691	19	ishares	ishares	PROPN
cjel-11734	691	20	esg	esg	PROPN
cjel-11734	691	21	aware	aware	ADJ
cjel-11734	691	22	msci	msci	PROPN
cjel-11734	691	23	em	em	PRON
cjel-11734	691	24	etf	etf	VERB
cjel-11734	691	25	$	$	SYM
cjel-11734	691	26	4,357	4,357	NUM
cjel-11734	691	27	dsi	dsi	PROPN
cjel-11734	691	28	ishares	ishare	NOUN
cjel-11734	691	29	msci	msci	PROPN
cjel-11734	691	30	kld	kld	PROPN
cjel-11734	691	31	400	400	NUM
cjel-11734	691	32	social	social	ADJ
cjel-11734	691	33	etf	etf	NOUN
cjel-11734	691	34	$	$	SYM
cjel-11734	691	35	3,511	3,511	NUM
cjel-11734	691	36	vsgx	vsgx	PROPN
cjel-11734	691	37	vanguard	vanguard	PROPN
cjel-11734	691	38	esg	esg	PROPN
cjel-11734	691	39	international	international	PROPN
cjel-11734	691	40	stock	stock	PROPN
cjel-11734	691	41	etf	etf	NOUN
cjel-11734	691	42	$	$	SYM
cjel-11734	691	43	3,369	3,369	NUM
cjel-11734	691	44	susa	susa	NOUN
cjel-11734	691	45	ishares	ishares	PROPN
cjel-11734	691	46	msci	msci	PROPN
cjel-11734	691	47	usa	usa	PROPN
cjel-11734	691	48	esg	esg	PROPN
cjel-11734	691	49	select	select	PROPN
cjel-11734	691	50	etf	etf	NOUN
cjel-11734	691	51	$	$	SYM
cjel-11734	691	52	3,239	3,239	NUM
cjel-11734	691	53	susl	susl	NOUN
cjel-11734	691	54	ishares	ishare	NOUN
cjel-11734	691	55	esg	esg	PROPN
cjel-11734	691	56	aware	aware	ADJ
cjel-11734	691	57	msci	msci	PROPN
cjel-11734	691	58	usa	usa	PROPN
cjel-11734	691	59	leaders	leaders	PROPN
cjel-11734	691	60	etf	etf	VERB
cjel-11734	691	61	$	$	SYM
cjel-11734	691	62	3,156	3,156	NUM
cjel-11734	691	63	eagg	eagg	NOUN
cjel-11734	691	64	ishares	ishare	NOUN
cjel-11734	691	65	esg	esg	PROPN
cjel-11734	691	66	aware	aware	ADJ
cjel-11734	691	67	u.s	u.s	PROPN
cjel-11734	691	68	.	.	PROPN
cjel-11734	691	69	aggregate	aggregate	ADJ
cjel-11734	691	70	bond	bond	NOUN
cjel-11734	691	71	etf	etf	NOUN
cjel-11734	691	72	$	$	SYM
cjel-11734	691	73	2,736	2,736	NUM
cjel-11734	691	74	ussg	ussg	ADJ
cjel-11734	691	75	xtrackers	xtrackers	PROPN
cjel-11734	691	76	msci	msci	PROPN
cjel-11734	691	77	usa	usa	PROPN
cjel-11734	691	78	esg	esg	PROPN
cjel-11734	691	79	leaders	leaders	PROPN
cjel-11734	691	80	equity	equity	PROPN
cjel-11734	691	81	etf	etf	PROPN
cjel-11734	691	82	$	$	SYM
cjel-11734	691	83	1,216	1,216	NUM
cjel-11734	691	84	total	total	NOUN
cjel-11734	691	85	aum	aum	PROPN
cjel-11734	691	86	$	$	SYM
cjel-11734	691	87	49,104	49,104	NUM
cjel-11734	691	88	table	table	NOUN
cjel-11734	691	89	2	2	NUM
cjel-11734	691	90	:	:	SYM
cjel-11734	691	91	ten	ten	NUM
cjel-11734	691	92	largest	large	ADJ
cjel-11734	691	93	esg	esg	PROPN
cjel-11734	691	94	mutual	mutual	ADJ
cjel-11734	691	95	funds	fund	NOUN
cjel-11734	691	96	ticker	ticker	PROPN
cjel-11734	691	97	full	full	ADJ
cjel-11734	691	98	name	name	NOUN
cjel-11734	691	99	assets	asset	NOUN
cjel-11734	691	100	under	under	ADP
cjel-11734	691	101	management	management	NOUN
cjel-11734	691	102	(	(	PUNCT
cjel-11734	691	103	figures	figure	NOUN
cjel-11734	691	104	shown	show	VERB
cjel-11734	691	105	as	as	ADP
cjel-11734	691	106	$	$	SYM
cjel-11734	691	107	millions	million	NOUN
cjel-11734	691	108	)	)	PUNCT
cjel-11734	691	109	prblx	prblx	PROPN
cjel-11734	691	110	parnassus	parnassus	PROPN
cjel-11734	691	111	core	core	PROPN
cjel-11734	691	112	equity	equity	PROPN
cjel-11734	691	113	fund	fund	PROPN
cjel-11734	691	114	$	$	SYM
cjel-11734	691	115	25,317	25,317	NUM
cjel-11734	691	116	vftax	vftax	ADJ
cjel-11734	691	117	vanguard	vanguard	PROPN
cjel-11734	691	118	ftse	ftse	PROPN
cjel-11734	691	119	social	social	PROPN
cjel-11734	691	120	index	index	NOUN
cjel-11734	691	121	fund	fund	NOUN
cjel-11734	691	122	$	$	SYM
cjel-11734	691	123	13,450	13,450	NUM
cjel-11734	691	124	bafwx	bafwx	NOUN
cjel-11734	691	125	brown	brown	ADJ
cjel-11734	691	126	advisory	advisory	ADJ
cjel-11734	691	127	sustainable	sustainable	ADJ
cjel-11734	691	128	growth	growth	NOUN
cjel-11734	691	129	fund	fund	NOUN
cjel-11734	691	130	$	$	SYM
cjel-11734	691	131	6,737	6,737	NUM
cjel-11734	691	132	2023	2023	NUM
cjel-11734	691	133	]	]	PUNCT
cjel-11734	691	134	green	green	ADJ
cjel-11734	691	135	funds	fund	NOUN
cjel-11734	691	136	in	in	ADP
cjel-11734	691	137	a	a	DET
cjel-11734	691	138	gray	gray	ADJ
cjel-11734	691	139	area	area	NOUN
cjel-11734	691	140	447	447	NUM
cjel-11734	691	141	piodx	piodx	NOUN
cjel-11734	691	142	pioneer	pioneer	PROPN
cjel-11734	691	143	core	core	PROPN
cjel-11734	691	144	equity	equity	PROPN
cjel-11734	691	145	fund	fund	PROPN
cjel-11734	691	146	$	$	SYM
cjel-11734	691	147	6,619	6,619	NUM
cjel-11734	691	148	tsbix	tsbix	NOUN
cjel-11734	691	149	tiaa	tiaa	ADJ
cjel-11734	691	150	-	-	PUNCT
cjel-11734	691	151	cref	cref	NOUN
cjel-11734	691	152	core	core	NOUN
cjel-11734	691	153	impact	impact	NOUN
cjel-11734	691	154	bond	bond	NOUN
cjel-11734	691	155	fund	fund	NOUN
cjel-11734	691	156	$	$	SYM
cjel-11734	691	157	6,068	6,068	NUM
cjel-11734	691	158	parmx	parmx	NOUN
cjel-11734	691	159	parnassus	parnassus	PROPN
cjel-11734	691	160	mid	mid	PROPN
cjel-11734	691	161	cap	cap	PROPN
cjel-11734	691	162	fund	fund	VERB
cjel-11734	691	163	$	$	SYM
cjel-11734	691	164	5,863	5,863	NUM
cjel-11734	691	165	trpsx	trpsx	NOUN
cjel-11734	691	166	tiaa	tiaa	ADJ
cjel-11734	691	167	-	-	PUNCT
cjel-11734	691	168	cref	cref	NOUN
cjel-11734	691	169	social	social	ADJ
cjel-11734	691	170	choice	choice	NOUN
cjel-11734	691	171	equity	equity	NOUN
cjel-11734	691	172	fund	fund	PROPN
cjel-11734	691	173	$	$	SYM
cjel-11734	691	174	5,789	5,789	NUM
cjel-11734	691	175	semvx	semvx	NOUN
cjel-11734	691	176	hartford	hartford	PROPN
cjel-11734	691	177	schroders	schroder	VERB
cjel-11734	691	178	emerging	emerge	VERB
cjel-11734	691	179	markets	market	NOUN
cjel-11734	691	180	equity	equity	NOUN
cjel-11734	691	181	fund	fund	PROPN
cjel-11734	691	182	$	$	SYM
cjel-11734	691	183	5,430	5,430	NUM
cjel-11734	691	184	pnopx	pnopx	ADJ
cjel-11734	691	185	putnam	putnam	PROPN
cjel-11734	691	186	sustainable	sustainable	ADJ
cjel-11734	691	187	leaders	leader	NOUN
cjel-11734	691	188	fund	fund	VERB
cjel-11734	691	189	$	$	SYM
cjel-11734	691	190	4,996	4,996	NUM
cjel-11734	691	191	mggpx	mggpx	NOUN
cjel-11734	691	192	the	the	DET
cjel-11734	691	193	global	global	ADJ
cjel-11734	691	194	opportunity	opportunity	NOUN
cjel-11734	691	195	portfolio	portfolio	NOUN
cjel-11734	691	196	$	$	SYM
cjel-11734	691	197	2,541	2,541	NUM
cjel-11734	691	198	total	total	ADJ
cjel-11734	691	199	aum	aum	PROPN
cjel-11734	691	200	$	$	SYM
cjel-11734	691	201	82,009	82,009	NUM
cjel-11734	691	202	the	the	DET
cjel-11734	691	203	purpose	purpose	NOUN
cjel-11734	691	204	of	of	ADP
cjel-11734	691	205	using	use	VERB
cjel-11734	691	206	the	the	DET
cjel-11734	691	207	data	data	NOUN
cjel-11734	691	208	is	be	AUX
cjel-11734	691	209	to	to	PART
cjel-11734	691	210	demonstrate	demonstrate	VERB
cjel-11734	691	211	what	what	PRON
cjel-11734	691	212	an	an	DET
cjel-11734	691	213	investor	investor	NOUN
cjel-11734	691	214	’s	’s	PART
cjel-11734	691	215	experience	experience	NOUN
cjel-11734	691	216	might	might	AUX
cjel-11734	691	217	be	be	AUX
cjel-11734	691	218	like	like	ADP
cjel-11734	691	219	researching	research	VERB
cjel-11734	691	220	esg	esg	NOUN
cjel-11734	691	221	funds	fund	NOUN
cjel-11734	691	222	and	and	CCONJ
cjel-11734	691	223	attempting	attempt	VERB
cjel-11734	691	224	to	to	PART
cjel-11734	691	225	determine	determine	VERB
cjel-11734	691	226	from	from	ADP
cjel-11734	691	227	their	their	PRON
cjel-11734	691	228	disclosures	disclosure	NOUN
cjel-11734	691	229	which	which	PRON
cjel-11734	691	230	fund	fund	VERB
cjel-11734	691	231	best	well	ADV
cjel-11734	691	232	matches	match	VERB
cjel-11734	691	233	their	their	PRON
cjel-11734	691	234	investing	investing	NOUN
cjel-11734	691	235	objectives	objective	NOUN
cjel-11734	691	236	.	.	PUNCT
cjel-11734	692	1	therefore	therefore	ADV
cjel-11734	692	2	,	,	PUNCT
cjel-11734	692	3	the	the	DET
cjel-11734	692	4	“	"	PUNCT
cjel-11734	692	5	investment	investment	NOUN
cjel-11734	692	6	objective”180	objective”180	NOUN
cjel-11734	692	7	and	and	CCONJ
cjel-11734	692	8	“	"	PUNCT
cjel-11734	692	9	principal	principal	ADJ
cjel-11734	692	10	investment	investment	NOUN
cjel-11734	692	11	strategies”181	strategies”181	VERB
cjel-11734	692	12	from	from	ADP
cjel-11734	692	13	the	the	DET
cjel-11734	692	14	summary	summary	NOUN
cjel-11734	692	15	prospectuses	prospectus	NOUN
cjel-11734	692	16	for	for	ADP
cjel-11734	692	17	each	each	DET
cjel-11734	692	18	fund	fund	NOUN
cjel-11734	692	19	were	be	AUX
cjel-11734	692	20	aggregated	aggregate	VERB
cjel-11734	692	21	and	and	CCONJ
cjel-11734	692	22	analyzed182	analyzed182	PROPN
cjel-11734	692	23	for	for	ADP
cjel-11734	692	24	similarities	similarity	NOUN
cjel-11734	692	25	,	,	PUNCT
cjel-11734	692	26	differences	difference	NOUN
cjel-11734	692	27	,	,	PUNCT
cjel-11734	692	28	notable	notable	ADJ
cjel-11734	692	29	features	feature	NOUN
cjel-11734	692	30	,	,	PUNCT
cjel-11734	692	31	and	and	CCONJ
cjel-11734	692	32	whether	whether	SCONJ
cjel-11734	692	33	they	they	PRON
cjel-11734	692	34	could	could	AUX
cjel-11734	692	35	be	be	AUX
cjel-11734	692	36	classified	classify	VERB
cjel-11734	692	37	as	as	ADP
cjel-11734	692	38	utilizing	utilize	VERB
cjel-11734	692	39	a	a	DET
cjel-11734	692	40	specific	specific	ADJ
cjel-11734	692	41	esg	esg	NOUN
cjel-11734	692	42	investing	invest	VERB
cjel-11734	692	43	strategy.183	strategy.183	ADV
cjel-11734	692	44	the	the	DET
cjel-11734	692	45	research	research	NOUN
cjel-11734	692	46	will	will	AUX
cjel-11734	692	47	show	show	VERB
cjel-11734	692	48	that	that	SCONJ
cjel-11734	692	49	funds	fund	NOUN
cjel-11734	692	50	are	be	AUX
cjel-11734	692	51	failing	fail	VERB
cjel-11734	692	52	to	to	PART
cjel-11734	692	53	achieve	achieve	VERB
cjel-11734	692	54	the	the	DET
cjel-11734	692	55	sec	sec	PROPN
cjel-11734	692	56	’s	’s	PART
cjel-11734	692	57	aforementioned	aforementioned	ADJ
cjel-11734	692	58	objectives	objective	NOUN
cjel-11734	692	59	180	180	NUM
cjel-11734	692	60	.	.	PUNCT
cjel-11734	693	1	this	this	DET
cjel-11734	693	2	section	section	NOUN
cjel-11734	693	3	provides	provide	VERB
cjel-11734	693	4	a	a	DET
cjel-11734	693	5	brief	brief	ADJ
cjel-11734	693	6	,	,	PUNCT
cjel-11734	693	7	one	one	NUM
cjel-11734	693	8	-	-	PUNCT
cjel-11734	693	9	sentence	sentence	NOUN
cjel-11734	693	10	overview	overview	NOUN
cjel-11734	693	11	of	of	ADP
cjel-11734	693	12	the	the	DET
cjel-11734	693	13	fund	fund	NOUN
cjel-11734	693	14	’s	’s	PART
cjel-11734	693	15	main	main	ADJ
cjel-11734	693	16	investment	investment	NOUN
cjel-11734	693	17	goal	goal	NOUN
cjel-11734	693	18	.	.	PUNCT
cjel-11734	694	1	181	181	NUM
cjel-11734	694	2	.	.	PUNCT
cjel-11734	695	1	this	this	DET
cjel-11734	695	2	section	section	NOUN
cjel-11734	695	3	goes	go	VERB
cjel-11734	695	4	into	into	ADP
cjel-11734	695	5	significantly	significantly	ADV
cjel-11734	695	6	more	more	ADJ
cjel-11734	695	7	detail	detail	NOUN
cjel-11734	695	8	than	than	ADP
cjel-11734	695	9	the	the	DET
cjel-11734	695	10	investment	investment	NOUN
cjel-11734	695	11	objective	objective	ADJ
cjel-11734	695	12	section	section	NOUN
cjel-11734	695	13	and	and	CCONJ
cjel-11734	695	14	fully	fully	ADV
cjel-11734	695	15	explains	explain	VERB
cjel-11734	695	16	a	a	DET
cjel-11734	695	17	fund	fund	NOUN
cjel-11734	695	18	’s	’s	PART
cjel-11734	695	19	investment	investment	NOUN
cjel-11734	695	20	strategy	strategy	NOUN
cjel-11734	695	21	.	.	PUNCT
cjel-11734	696	1	it	it	PRON
cjel-11734	696	2	can	can	AUX
cjel-11734	696	3	often	often	ADV
cjel-11734	696	4	be	be	AUX
cjel-11734	696	5	several	several	ADJ
cjel-11734	696	6	pages	page	NOUN
cjel-11734	696	7	of	of	ADP
cjel-11734	696	8	information	information	NOUN
cjel-11734	696	9	.	.	PUNCT
cjel-11734	697	1	182	182	NUM
cjel-11734	697	2	.	.	PUNCT
cjel-11734	698	1	the	the	DET
cjel-11734	698	2	content	content	NOUN
cjel-11734	698	3	in	in	ADP
cjel-11734	698	4	the	the	DET
cjel-11734	698	5	principal	principal	ADJ
cjel-11734	698	6	investing	investing	NOUN
cjel-11734	698	7	strategies	strategy	NOUN
cjel-11734	698	8	sections	section	NOUN
cjel-11734	698	9	of	of	ADP
cjel-11734	698	10	the	the	DET
cjel-11734	698	11	funds	fund	NOUN
cjel-11734	698	12	’	'	PUNCT
cjel-11734	698	13	summary	summary	NOUN
cjel-11734	698	14	prospectuses	prospectus	NOUN
cjel-11734	698	15	were	be	AUX
cjel-11734	698	16	sometimes	sometimes	ADV
cjel-11734	698	17	over	over	ADP
cjel-11734	698	18	15,000	15,000	NUM
cjel-11734	698	19	words	word	NOUN
cjel-11734	698	20	and	and	CCONJ
cjel-11734	698	21	were	be	AUX
cjel-11734	698	22	therefore	therefore	ADV
cjel-11734	698	23	too	too	ADV
cjel-11734	698	24	long	long	ADJ
cjel-11734	698	25	to	to	PART
cjel-11734	698	26	include	include	VERB
cjel-11734	698	27	in	in	ADP
cjel-11734	698	28	a	a	DET
cjel-11734	698	29	table	table	NOUN
cjel-11734	698	30	within	within	ADP
cjel-11734	698	31	the	the	DET
cjel-11734	698	32	note	note	NOUN
cjel-11734	698	33	.	.	PUNCT
cjel-11734	699	1	however	however	ADV
cjel-11734	699	2	,	,	PUNCT
cjel-11734	699	3	all	all	DET
cjel-11734	699	4	prospectuses	prospectus	NOUN
cjel-11734	699	5	in	in	ADP
cjel-11734	699	6	this	this	DET
cjel-11734	699	7	note	note	NOUN
cjel-11734	699	8	are	be	AUX
cjel-11734	699	9	on	on	ADP
cjel-11734	699	10	file	file	NOUN
cjel-11734	699	11	with	with	ADP
cjel-11734	699	12	the	the	DET
cjel-11734	699	13	author	author	NOUN
cjel-11734	699	14	,	,	PUNCT
cjel-11734	699	15	who	who	PRON
cjel-11734	699	16	can	can	AUX
cjel-11734	699	17	be	be	AUX
cjel-11734	699	18	reached	reach	VERB
cjel-11734	699	19	at	at	ADP
cjel-11734	699	20	:	:	PUNCT
cjel-11734	699	21	cb2189@columbia.edu	cb2189@columbia.edu	NOUN
cjel-11734	699	22	.	.	X
cjel-11734	700	1	183	183	NUM
cjel-11734	700	2	.	.	PUNCT
cjel-11734	701	1	see	see	VERB
cjel-11734	701	2	global	global	ADJ
cjel-11734	701	3	sustainable	sustainable	ADJ
cjel-11734	701	4	inv	inv	NOUN
cjel-11734	701	5	.	.	PUNCT
cjel-11734	702	1	all	all	PRON
cjel-11734	702	2	.	.	PUNCT
cjel-11734	702	3	,	,	PUNCT
cjel-11734	702	4	supra	supra	PROPN
cjel-11734	702	5	note	note	PROPN
cjel-11734	702	6	49	49	NUM
cjel-11734	702	7	(	(	PUNCT
cjel-11734	702	8	quotations	quotation	NOUN
cjel-11734	702	9	from	from	ADP
cjel-11734	702	10	source	source	NOUN
cjel-11734	702	11	can	can	AUX
cjel-11734	702	12	be	be	AUX
cjel-11734	702	13	found	find	VERB
cjel-11734	702	14	supra	supra	ADJ
cjel-11734	702	15	notes	note	NOUN
cjel-11734	702	16	87–92	87–92	NUM
cjel-11734	702	17	for	for	ADP
cjel-11734	702	18	a	a	DET
cjel-11734	702	19	refresher	refresher	NOUN
cjel-11734	702	20	on	on	ADP
cjel-11734	702	21	esg	esg	PROPN
cjel-11734	702	22	investing	investing	NOUN
cjel-11734	702	23	strategies	strategy	NOUN
cjel-11734	702	24	)	)	PUNCT
cjel-11734	702	25	.	.	PUNCT
cjel-11734	703	1	448	448	NUM
cjel-11734	703	2	columbia	columbia	PROPN
cjel-11734	703	3	journal	journal	PROPN
cjel-11734	703	4	of	of	ADP
cjel-11734	703	5	environmental	environmental	ADJ
cjel-11734	703	6	law	law	NOUN
cjel-11734	704	1	[	[	X
cjel-11734	704	2	vol.48:2	vol.48:2	NOUN
cjel-11734	704	3	of	of	ADP
cjel-11734	704	4	conveying	convey	VERB
cjel-11734	704	5	important	important	ADJ
cjel-11734	704	6	information	information	NOUN
cjel-11734	704	7	in	in	ADP
cjel-11734	704	8	a	a	DET
cjel-11734	704	9	concise	concise	ADJ
cjel-11734	704	10	and	and	CCONJ
cjel-11734	704	11	simple	simple	ADJ
cjel-11734	704	12	manner.184	manner.184	NOUN
cjel-11734	704	13	where	where	SCONJ
cjel-11734	704	14	relevant	relevant	ADJ
cjel-11734	704	15	,	,	PUNCT
cjel-11734	704	16	the	the	DET
cjel-11734	704	17	sec	sec	PROPN
cjel-11734	704	18	’s	’s	PART
cjel-11734	704	19	proposed	propose	VERB
cjel-11734	704	20	rules	rule	NOUN
cjel-11734	704	21	are	be	AUX
cjel-11734	704	22	also	also	ADV
cjel-11734	704	23	analyzed	analyze	VERB
cjel-11734	704	24	to	to	PART
cjel-11734	704	25	consider	consider	VERB
cjel-11734	704	26	whether	whether	SCONJ
cjel-11734	704	27	they	they	PRON
cjel-11734	704	28	would	would	AUX
cjel-11734	704	29	be	be	AUX
cjel-11734	704	30	effective	effective	ADJ
cjel-11734	704	31	in	in	ADP
cjel-11734	704	32	reducing	reduce	VERB
cjel-11734	704	33	the	the	DET
cjel-11734	704	34	esg	esg	PROPN
cjel-11734	704	35	fund	fund	NOUN
cjel-11734	704	36	labeling	labeling	NOUN
cjel-11734	704	37	problem	problem	NOUN
cjel-11734	704	38	.	.	PUNCT
cjel-11734	705	1	overall	overall	ADV
cjel-11734	705	2	,	,	PUNCT
cjel-11734	705	3	etfs	etfs	PROPN
cjel-11734	705	4	utilized	utilize	VERB
cjel-11734	705	5	the	the	DET
cjel-11734	705	6	esg	esg	NOUN
cjel-11734	705	7	label	label	NOUN
cjel-11734	705	8	and	and	CCONJ
cjel-11734	705	9	related	related	ADJ
cjel-11734	705	10	terms	term	NOUN
cjel-11734	705	11	in	in	ADP
cjel-11734	705	12	their	their	PRON
cjel-11734	705	13	names	name	NOUN
cjel-11734	705	14	more	more	ADV
cjel-11734	705	15	than	than	ADP
cjel-11734	705	16	mutual	mutual	ADJ
cjel-11734	705	17	funds	fund	NOUN
cjel-11734	705	18	,	,	PUNCT
cjel-11734	705	19	and	and	CCONJ
cjel-11734	705	20	appeared	appear	VERB
cjel-11734	705	21	to	to	PART
cjel-11734	705	22	incorporate	incorporate	VERB
cjel-11734	705	23	esg	esg	NOUN
cjel-11734	705	24	considerations	consideration	NOUN
cjel-11734	705	25	more	more	ADV
cjel-11734	705	26	thoroughly	thoroughly	ADV
cjel-11734	705	27	than	than	ADP
cjel-11734	705	28	mutual	mutual	ADJ
cjel-11734	705	29	funds	fund	NOUN
cjel-11734	705	30	.	.	PUNCT
cjel-11734	706	1	because	because	SCONJ
cjel-11734	706	2	most	most	ADJ
cjel-11734	706	3	mutual	mutual	ADJ
cjel-11734	706	4	funds	fund	NOUN
cjel-11734	706	5	primarily	primarily	ADV
cjel-11734	706	6	utilized	utilize	VERB
cjel-11734	706	7	passive	passive	ADJ
cjel-11734	706	8	esg	esg	PROPN
cjel-11734	706	9	investing	investing	NOUN
cjel-11734	706	10	strategies	strategy	NOUN
cjel-11734	706	11	,	,	PUNCT
cjel-11734	706	12	under	under	ADP
cjel-11734	706	13	the	the	DET
cjel-11734	706	14	sec	sec	PROPN
cjel-11734	706	15	’s	’s	PART
cjel-11734	706	16	proposed	propose	VERB
cjel-11734	706	17	framework	framework	NOUN
cjel-11734	706	18	,	,	PUNCT
cjel-11734	706	19	there	there	PRON
cjel-11734	706	20	would	would	AUX
cjel-11734	706	21	likely	likely	ADV
cjel-11734	706	22	be	be	AUX
cjel-11734	706	23	more	more	ADJ
cjel-11734	706	24	“	"	PUNCT
cjel-11734	706	25	integration	integration	NOUN
cjel-11734	706	26	”	"	PUNCT
cjel-11734	706	27	mutual	mutual	ADJ
cjel-11734	706	28	funds	fund	NOUN
cjel-11734	706	29	.	.	PUNCT
cjel-11734	707	1	while	while	SCONJ
cjel-11734	707	2	etfs	etfs	PROPN
cjel-11734	707	3	incorporated	incorporate	VERB
cjel-11734	707	4	esg	esg	PROPN
cjel-11734	707	5	considerations	consideration	NOUN
cjel-11734	707	6	more	more	ADV
cjel-11734	707	7	thoroughly	thoroughly	ADV
cjel-11734	707	8	into	into	ADP
cjel-11734	707	9	their	their	PRON
cjel-11734	707	10	investment	investment	NOUN
cjel-11734	707	11	selection	selection	NOUN
cjel-11734	707	12	processes	process	NOUN
cjel-11734	707	13	than	than	ADP
cjel-11734	707	14	mutual	mutual	ADJ
cjel-11734	707	15	funds	fund	NOUN
cjel-11734	707	16	,	,	PUNCT
cjel-11734	707	17	etfs	etfs	PROPN
cjel-11734	707	18	frequent	frequent	ADJ
cjel-11734	707	19	utilization	utilization	NOUN
cjel-11734	707	20	of	of	ADP
cjel-11734	707	21	both	both	DET
cjel-11734	707	22	impact	impact	NOUN
cjel-11734	707	23	-	-	PUNCT
cjel-11734	707	24	focused	focus	VERB
cjel-11734	707	25	and	and	CCONJ
cjel-11734	707	26	return	return	NOUN
cjel-11734	707	27	-	-	PUNCT
cjel-11734	707	28	focused	focus	VERB
cjel-11734	707	29	objectives	objective	NOUN
cjel-11734	707	30	together	together	ADV
cjel-11734	707	31	might	might	AUX
cjel-11734	707	32	complicate	complicate	VERB
cjel-11734	707	33	the	the	DET
cjel-11734	707	34	effort	effort	NOUN
cjel-11734	707	35	to	to	PART
cjel-11734	707	36	neatly	neatly	ADV
cjel-11734	707	37	classify	classify	VERB
cjel-11734	707	38	these	these	DET
cjel-11734	707	39	funds	fund	NOUN
cjel-11734	707	40	as	as	ADP
cjel-11734	707	41	either	either	CCONJ
cjel-11734	707	42	esgfocused	esgfocused	ADJ
cjel-11734	707	43	or	or	CCONJ
cjel-11734	707	44	integration	integration	NOUN
cjel-11734	707	45	funds	fund	NOUN
cjel-11734	707	46	under	under	ADP
cjel-11734	707	47	the	the	DET
cjel-11734	707	48	sec	sec	PROPN
cjel-11734	707	49	’s	’s	PART
cjel-11734	707	50	proposed	propose	VERB
cjel-11734	707	51	taxonomy	taxonomy	NOUN
cjel-11734	707	52	.	.	PUNCT
cjel-11734	708	1	similarly	similarly	ADV
cjel-11734	708	2	,	,	PUNCT
cjel-11734	708	3	although	although	SCONJ
cjel-11734	708	4	etfs	etfs	PROPN
cjel-11734	708	5	seemed	seem	VERB
cjel-11734	708	6	to	to	PART
cjel-11734	708	7	more	more	ADV
cjel-11734	708	8	thoroughly	thoroughly	ADV
cjel-11734	708	9	consider	consider	VERB
cjel-11734	708	10	their	their	PRON
cjel-11734	708	11	esg	esg	NOUN
cjel-11734	708	12	strategies	strategy	NOUN
cjel-11734	708	13	than	than	ADP
cjel-11734	708	14	mutual	mutual	ADJ
cjel-11734	708	15	funds	fund	NOUN
cjel-11734	708	16	,	,	PUNCT
cjel-11734	708	17	their	their	PRON
cjel-11734	708	18	disclosures	disclosure	NOUN
cjel-11734	708	19	were	be	AUX
cjel-11734	708	20	longer	long	ADJ
cjel-11734	708	21	and	and	CCONJ
cjel-11734	708	22	more	more	ADV
cjel-11734	708	23	technical	technical	ADJ
cjel-11734	708	24	,	,	PUNCT
cjel-11734	708	25	which	which	PRON
cjel-11734	708	26	could	could	AUX
cjel-11734	708	27	potentially	potentially	ADV
cjel-11734	708	28	create	create	VERB
cjel-11734	708	29	comprehension	comprehension	NOUN
cjel-11734	708	30	challenges	challenge	NOUN
cjel-11734	708	31	for	for	ADP
cjel-11734	708	32	retail	retail	ADJ
cjel-11734	708	33	investors.185	investors.185	NOUN
cjel-11734	708	34	the	the	DET
cjel-11734	708	35	below	below	ADJ
cjel-11734	708	36	takeaways	takeaway	NOUN
cjel-11734	708	37	explore	explore	VERB
cjel-11734	708	38	these	these	DET
cjel-11734	708	39	ideas	idea	NOUN
cjel-11734	708	40	in	in	ADP
cjel-11734	708	41	more	more	ADJ
cjel-11734	708	42	detail	detail	NOUN
cjel-11734	708	43	.	.	PUNCT
cjel-11734	709	1	1	1	X
cjel-11734	709	2	.	.	X
cjel-11734	709	3	summary	summary	NOUN
cjel-11734	709	4	prospectuses	prospectus	NOUN
cjel-11734	709	5	are	be	AUX
cjel-11734	709	6	not	not	PART
cjel-11734	709	7	so	so	ADV
cjel-11734	709	8	summary	summary	NOUN
cjel-11734	709	9	while	while	SCONJ
cjel-11734	709	10	the	the	DET
cjel-11734	709	11	sec	sec	PROPN
cjel-11734	709	12	originally	originally	ADV
cjel-11734	709	13	intended	intend	VERB
cjel-11734	709	14	for	for	ADP
cjel-11734	709	15	a	a	DET
cjel-11734	709	16	fund	fund	NOUN
cjel-11734	709	17	’s	’s	PART
cjel-11734	709	18	summary	summary	NOUN
cjel-11734	709	19	prospectus	prospectus	NOUN
cjel-11734	709	20	to	to	PART
cjel-11734	709	21	be	be	AUX
cjel-11734	709	22	approximately	approximately	ADV
cjel-11734	709	23	four	four	NUM
cjel-11734	709	24	pages	page	NOUN
cjel-11734	709	25	in	in	ADP
cjel-11734	709	26	length,186	length,186	PROPN
cjel-11734	709	27	only	only	ADV
cjel-11734	709	28	one	one	NUM
cjel-11734	709	29	of	of	ADP
cjel-11734	709	30	the	the	DET
cjel-11734	709	31	twenty	twenty	NUM
cjel-11734	709	32	funds	fund	NOUN
cjel-11734	709	33	selected	select	VERB
cjel-11734	709	34	for	for	ADP
cjel-11734	709	35	analysis	analysis	NOUN
cjel-11734	709	36	in	in	ADP
cjel-11734	709	37	this	this	DET
cjel-11734	709	38	note	note	NOUN
cjel-11734	709	39	met	meet	VERB
cjel-11734	709	40	that	that	PRON
cjel-11734	709	41	goal.187	goal.187	VERB
cjel-11734	709	42	the	the	DET
cjel-11734	709	43	average	average	ADJ
cjel-11734	709	44	length	length	NOUN
cjel-11734	709	45	of	of	ADP
cjel-11734	709	46	etf	etf	NOUN
cjel-11734	709	47	summary	summary	NOUN
cjel-11734	709	48	prospectus	prospectus	NOUN
cjel-11734	709	49	was	be	AUX
cjel-11734	709	50	significantly	significantly	ADV
cjel-11734	709	51	longer	long	ADJ
cjel-11734	709	52	than	than	ADP
cjel-11734	709	53	those	those	PRON
cjel-11734	709	54	of	of	ADP
cjel-11734	709	55	mutual	mutual	ADJ
cjel-11734	709	56	funds	fund	NOUN
cjel-11734	709	57	(	(	PUNCT
cjel-11734	709	58	averages	average	NOUN
cjel-11734	709	59	provided	provide	VERB
cjel-11734	709	60	in	in	ADP
cjel-11734	709	61	table	table	NOUN
cjel-11734	709	62	3).188	3).188	ADJ
cjel-11734	709	63	table	table	NOUN
cjel-11734	709	64	3	3	NUM
cjel-11734	709	65	:	:	PUNCT
cjel-11734	709	66	summary	summary	NOUN
cjel-11734	709	67	prospectus	prospectus	NOUN
cjel-11734	709	68	lengths	length	NOUN
cjel-11734	709	69	(	(	PUNCT
cjel-11734	709	70	pdf	pdf	NOUN
cjel-11734	709	71	length	length	NOUN
cjel-11734	709	72	)	)	PUNCT
cjel-11734	709	73	184	184	NUM
cjel-11734	709	74	.	.	PUNCT
cjel-11734	710	1	see	see	VERB
cjel-11734	710	2	sec	sec	PROPN
cjel-11734	710	3	,	,	PUNCT
cjel-11734	710	4	form	form	VERB
cjel-11734	710	5	n1	n1	NOUN
cjel-11734	710	6	-	-	PUNCT
cjel-11734	710	7	a	a	DET
cjel-11734	710	8	ii	ii	NOUN
cjel-11734	710	9	,	,	PUNCT
cjel-11734	710	10	supra	supra	PROPN
cjel-11734	710	11	note	note	NOUN
cjel-11734	710	12	124	124	NUM
cjel-11734	710	13	(	(	PUNCT
cjel-11734	710	14	quotations	quotation	NOUN
cjel-11734	710	15	from	from	ADP
cjel-11734	710	16	source	source	NOUN
cjel-11734	710	17	can	can	AUX
cjel-11734	710	18	be	be	AUX
cjel-11734	710	19	found	find	VERB
cjel-11734	710	20	supra	supra	PROPN
cjel-11734	710	21	notes	note	NOUN
cjel-11734	710	22	127–28	127–28	PROPN
cjel-11734	710	23	)	)	PUNCT
cjel-11734	710	24	.	.	PUNCT
cjel-11734	711	1	185	185	NUM
cjel-11734	711	2	.	.	PUNCT
cjel-11734	712	1	although	although	SCONJ
cjel-11734	712	2	the	the	DET
cjel-11734	712	3	proposed	propose	VERB
cjel-11734	712	4	esg	esg	PROPN
cjel-11734	712	5	fund	fund	PROPN
cjel-11734	712	6	rule	rule	NOUN
cjel-11734	712	7	attempts	attempt	VERB
cjel-11734	712	8	to	to	PART
cjel-11734	712	9	remedy	remedy	VERB
cjel-11734	712	10	this	this	DET
cjel-11734	712	11	issue	issue	NOUN
cjel-11734	712	12	through	through	ADP
cjel-11734	712	13	a	a	DET
cjel-11734	712	14	layered	layered	ADJ
cjel-11734	712	15	disclosure	disclosure	NOUN
cjel-11734	712	16	format	format	NOUN
cjel-11734	712	17	.	.	PUNCT
cjel-11734	713	1	186	186	NUM
cjel-11734	713	2	.	.	PUNCT
cjel-11734	714	1	enhanced	enhance	VERB
cjel-11734	714	2	disclosure	disclosure	NOUN
cjel-11734	714	3	and	and	CCONJ
cjel-11734	714	4	new	new	ADJ
cjel-11734	714	5	prospectus	prospectus	NOUN
cjel-11734	714	6	delivery	delivery	NOUN
cjel-11734	714	7	option	option	NOUN
cjel-11734	714	8	for	for	ADP
cjel-11734	714	9	registered	register	VERB
cjel-11734	714	10	open	open	ADJ
cjel-11734	714	11	-	-	PUNCT
cjel-11734	714	12	end	end	NOUN
cjel-11734	714	13	management	management	NOUN
cjel-11734	714	14	investment	investment	NOUN
cjel-11734	714	15	companies	company	NOUN
cjel-11734	714	16	,	,	PUNCT
cjel-11734	714	17	74	74	NUM
cjel-11734	714	18	fed	feed	VERB
cjel-11734	714	19	.	.	PUNCT
cjel-11734	715	1	reg	reg	PROPN
cjel-11734	715	2	.	.	PUNCT
cjel-11734	715	3	4546	4546	NUM
cjel-11734	715	4	,	,	PUNCT
cjel-11734	715	5	4548	4548	NUM
cjel-11734	715	6	(	(	PUNCT
cjel-11734	715	7	jan	jan	PROPN
cjel-11734	715	8	.	.	PROPN
cjel-11734	715	9	26	26	NUM
cjel-11734	715	10	,	,	PUNCT
cjel-11734	715	11	2009	2009	NUM
cjel-11734	715	12	)	)	PUNCT
cjel-11734	715	13	(	(	PUNCT
cjel-11734	715	14	to	to	PART
cjel-11734	715	15	be	be	AUX
cjel-11734	715	16	codified	codify	VERB
cjel-11734	715	17	at	at	ADP
cjel-11734	715	18	17	17	NUM
cjel-11734	715	19	c.f.r	c.f.r	NOUN
cjel-11734	715	20	.	.	PUNCT
cjel-11734	716	1	§	§	PROPN
cjel-11734	716	2	§	§	PROPN
cjel-11734	716	3	230	230	NUM
cjel-11734	716	4	,	,	PUNCT
cjel-11734	716	5	232	232	NUM
cjel-11734	716	6	,	,	PUNCT
cjel-11734	716	7	239	239	NUM
cjel-11734	716	8	,	,	PUNCT
cjel-11734	716	9	and	and	CCONJ
cjel-11734	716	10	274	274	NUM
cjel-11734	716	11	)	)	PUNCT
cjel-11734	716	12	.	.	PUNCT
cjel-11734	717	1	187	187	NUM
cjel-11734	717	2	.	.	PUNCT
cjel-11734	718	1	esg	esg	PROPN
cjel-11734	718	2	mutual	mutual	ADJ
cjel-11734	718	3	fund	fund	NOUN
cjel-11734	718	4	and	and	CCONJ
cjel-11734	718	5	etf	etf	NOUN
cjel-11734	718	6	note	note	NOUN
cjel-11734	718	7	data	datum	NOUN
cjel-11734	718	8	(	(	PUNCT
cjel-11734	718	9	on	on	ADP
cjel-11734	718	10	file	file	NOUN
cjel-11734	718	11	with	with	ADP
cjel-11734	718	12	author	author	NOUN
cjel-11734	718	13	)	)	PUNCT
cjel-11734	718	14	.	.	PUNCT
cjel-11734	719	1	188	188	NUM
cjel-11734	719	2	.	.	PUNCT
cjel-11734	720	1	the	the	DET
cjel-11734	720	2	length	length	NOUN
cjel-11734	720	3	of	of	ADP
cjel-11734	720	4	each	each	DET
cjel-11734	720	5	summary	summary	NOUN
cjel-11734	720	6	prospectus	prospectus	NOUN
cjel-11734	720	7	was	be	AUX
cjel-11734	720	8	calculated	calculate	VERB
cjel-11734	720	9	by	by	ADP
cjel-11734	720	10	downloading	download	VERB
cjel-11734	720	11	a	a	DET
cjel-11734	720	12	pdf	pdf	NOUN
cjel-11734	720	13	of	of	ADP
cjel-11734	720	14	each	each	PRON
cjel-11734	720	15	from	from	ADP
cjel-11734	720	16	the	the	DET
cjel-11734	720	17	fund	fund	NOUN
cjel-11734	720	18	’s	’s	PART
cjel-11734	720	19	site	site	NOUN
cjel-11734	720	20	.	.	PUNCT
cjel-11734	721	1	i	i	PRON
cjel-11734	721	2	d.	d.	PROPN
cjel-11734	721	3	2023	2023	NUM
cjel-11734	721	4	]	]	PUNCT
cjel-11734	721	5	green	green	ADJ
cjel-11734	721	6	funds	fund	NOUN
cjel-11734	721	7	in	in	ADP
cjel-11734	721	8	a	a	DET
cjel-11734	721	9	gray	gray	ADJ
cjel-11734	721	10	area	area	NOUN
cjel-11734	721	11	449	449	NUM
cjel-11734	721	12	etfs	etfs	PROPN
cjel-11734	721	13	23.8	23.8	NUM
cjel-11734	721	14	pages	page	NOUN
cjel-11734	721	15	mutual	mutual	ADJ
cjel-11734	721	16	funds	fund	NOUN
cjel-11734	721	17	9.7	9.7	NUM
cjel-11734	721	18	pages	page	NOUN
cjel-11734	721	19	notably	notably	ADV
cjel-11734	721	20	,	,	PUNCT
cjel-11734	721	21	the	the	DET
cjel-11734	721	22	larger	large	ADJ
cjel-11734	721	23	asset	asset	NOUN
cjel-11734	721	24	managers	manager	NOUN
cjel-11734	721	25	had	have	AUX
cjel-11734	721	26	significantly	significantly	ADV
cjel-11734	721	27	longer	long	ADJ
cjel-11734	721	28	summary	summary	VERB
cjel-11734	721	29	prospectuses	prospectus	NOUN
cjel-11734	721	30	;	;	PUNCT
cjel-11734	721	31	for	for	ADP
cjel-11734	721	32	instance	instance	NOUN
cjel-11734	721	33	,	,	PUNCT
cjel-11734	721	34	two	two	NUM
cjel-11734	721	35	of	of	ADP
cjel-11734	721	36	blackrock	blackrock	NOUN
cjel-11734	721	37	’s	’s	PART
cjel-11734	721	38	funds	fund	NOUN
cjel-11734	721	39	had	have	VERB
cjel-11734	721	40	summary	summary	NOUN
cjel-11734	721	41	prospectuses	prospectus	NOUN
cjel-11734	721	42	that	that	PRON
cjel-11734	721	43	were	be	AUX
cjel-11734	721	44	forty	forty	NUM
cjel-11734	721	45	-	-	PUNCT
cjel-11734	721	46	six	six	NUM
cjel-11734	721	47	and	and	CCONJ
cjel-11734	721	48	sixty	sixty	NUM
cjel-11734	721	49	-	-	PUNCT
cjel-11734	721	50	eight	eight	NUM
cjel-11734	721	51	pages	page	NOUN
cjel-11734	721	52	,	,	PUNCT
cjel-11734	721	53	respectively.189	respectively.189	NUM
cjel-11734	721	54	despite	despite	SCONJ
cjel-11734	721	55	the	the	DET
cjel-11734	721	56	greater	great	ADJ
cjel-11734	721	57	length	length	NOUN
cjel-11734	721	58	of	of	ADP
cjel-11734	721	59	etf	etf	NOUN
cjel-11734	721	60	summary	summary	NOUN
cjel-11734	721	61	prospectuses	prospectus	NOUN
cjel-11734	721	62	,	,	PUNCT
cjel-11734	721	63	the	the	DET
cjel-11734	721	64	principal	principal	NOUN
cjel-11734	721	65	investing	invest	VERB
cjel-11734	721	66	strategy	strategy	NOUN
cjel-11734	721	67	sections	section	NOUN
cjel-11734	721	68	of	of	ADP
cjel-11734	721	69	the	the	DET
cjel-11734	721	70	two	two	NUM
cjel-11734	721	71	fund	fund	NOUN
cjel-11734	721	72	categories	category	NOUN
cjel-11734	721	73	were	be	AUX
cjel-11734	721	74	relatively	relatively	ADV
cjel-11734	721	75	similar	similar	ADJ
cjel-11734	721	76	in	in	ADP
cjel-11734	721	77	length	length	NOUN
cjel-11734	721	78	(	(	PUNCT
cjel-11734	721	79	data	datum	NOUN
cjel-11734	721	80	provided	provide	VERB
cjel-11734	721	81	in	in	ADP
cjel-11734	721	82	table	table	NOUN
cjel-11734	721	83	4).190	4).190	ADJ
cjel-11734	721	84	table	table	NOUN
cjel-11734	721	85	4	4	NUM
cjel-11734	721	86	:	:	PUNCT
cjel-11734	721	87	average	average	ADJ
cjel-11734	721	88	word	word	NOUN
cjel-11734	721	89	count	count	NOUN
cjel-11734	721	90	of	of	ADP
cjel-11734	721	91	principal	principal	ADJ
cjel-11734	721	92	investment	investment	NOUN
cjel-11734	721	93	strategy	strategy	NOUN
cjel-11734	721	94	sections	section	NOUN
cjel-11734	721	95	etfs	etfs	VERB
cjel-11734	721	96	789.5	789.5	NUM
cjel-11734	721	97	words	word	NOUN
cjel-11734	721	98	mutual	mutual	ADJ
cjel-11734	721	99	funds	fund	NOUN
cjel-11734	721	100	618.2	618.2	NUM
cjel-11734	721	101	words	word	NOUN
cjel-11734	721	102	the	the	DET
cjel-11734	721	103	majority	majority	NOUN
cjel-11734	721	104	of	of	ADP
cjel-11734	721	105	the	the	DET
cjel-11734	721	106	funds	fund	NOUN
cjel-11734	721	107	sampled	sample	VERB
cjel-11734	721	108	—	—	PUNCT
cjel-11734	721	109	especially	especially	ADV
cjel-11734	721	110	etfs	etfs	NOUN
cjel-11734	721	111	—	—	PUNCT
cjel-11734	721	112	were	be	AUX
cjel-11734	721	113	frontloaded	frontloade	VERB
cjel-11734	721	114	with	with	ADP
cjel-11734	721	115	legal	legal	ADJ
cjel-11734	721	116	disclaimers	disclaimer	NOUN
cjel-11734	721	117	,	,	PUNCT
cjel-11734	721	118	making	make	VERB
cjel-11734	721	119	it	it	PRON
cjel-11734	721	120	difficult	difficult	ADJ
cjel-11734	721	121	for	for	SCONJ
cjel-11734	721	122	readers	reader	NOUN
cjel-11734	721	123	to	to	PART
cjel-11734	721	124	find	find	VERB
cjel-11734	721	125	where	where	SCONJ
cjel-11734	721	126	the	the	DET
cjel-11734	721	127	key	key	ADJ
cjel-11734	721	128	substantive	substantive	ADJ
cjel-11734	721	129	information	information	NOUN
cjel-11734	721	130	began.191	began.191	PROPN
cjel-11734	721	131	on	on	ADP
cjel-11734	721	132	average	average	ADJ
cjel-11734	721	133	,	,	PUNCT
cjel-11734	721	134	etfs	etfs	PROPN
cjel-11734	721	135	had	have	VERB
cjel-11734	721	136	thirteen	thirteen	NUM
cjel-11734	721	137	pages	page	NOUN
cjel-11734	721	138	of	of	ADP
cjel-11734	721	139	front	front	NOUN
cjel-11734	721	140	-	-	PUNCT
cjel-11734	721	141	loaded	load	VERB
cjel-11734	721	142	disclaimers	disclaimer	NOUN
cjel-11734	721	143	,	,	PUNCT
cjel-11734	721	144	whereas	whereas	SCONJ
cjel-11734	721	145	mutual	mutual	ADJ
cjel-11734	721	146	funds	fund	NOUN
cjel-11734	721	147	averaged	average	VERB
cjel-11734	721	148	just	just	ADV
cjel-11734	721	149	2.6	2.6	NUM
cjel-11734	721	150	pages	page	NOUN
cjel-11734	721	151	of	of	ADP
cjel-11734	721	152	disclaimers.192	disclaimers.192	NUM
cjel-11734	721	153	the	the	DET
cjel-11734	721	154	added	add	VERB
cjel-11734	721	155	length	length	NOUN
cjel-11734	721	156	and	and	CCONJ
cjel-11734	721	157	frontloading	frontloading	NOUN
cjel-11734	721	158	of	of	ADP
cjel-11734	721	159	disclaimers	disclaimer	NOUN
cjel-11734	721	160	might	might	AUX
cjel-11734	721	161	confuse	confuse	VERB
cjel-11734	721	162	unsophisticated	unsophisticated	ADJ
cjel-11734	721	163	investors	investor	NOUN
cjel-11734	721	164	who	who	PRON
cjel-11734	721	165	do	do	AUX
cjel-11734	721	166	not	not	PART
cjel-11734	721	167	know	know	VERB
cjel-11734	721	168	the	the	DET
cjel-11734	721	169	type	type	NOUN
cjel-11734	721	170	of	of	ADP
cjel-11734	721	171	information	information	NOUN
cjel-11734	721	172	they	they	PRON
cjel-11734	721	173	are	be	AUX
cjel-11734	721	174	looking	look	VERB
cjel-11734	721	175	for	for	ADP
cjel-11734	721	176	.	.	PUNCT
cjel-11734	722	1	in	in	ADP
cjel-11734	722	2	addition	addition	NOUN
cjel-11734	722	3	,	,	PUNCT
cjel-11734	722	4	both	both	PRON
cjel-11734	722	5	of	of	ADP
cjel-11734	722	6	the	the	DET
cjel-11734	722	7	sec	sec	PROPN
cjel-11734	722	8	’s	’s	PART
cjel-11734	722	9	proposed	propose	VERB
cjel-11734	722	10	rules	rule	NOUN
cjel-11734	722	11	compel	compel	VERB
cjel-11734	722	12	additional	additional	ADJ
cjel-11734	722	13	disclosures	disclosure	NOUN
cjel-11734	722	14	:	:	PUNCT
cjel-11734	722	15	the	the	DET
cjel-11734	722	16	proposed	propose	VERB
cjel-11734	722	17	esg	esg	PROPN
cjel-11734	722	18	fund	fund	PROPN
cjel-11734	722	19	rule	rule	NOUN
cjel-11734	722	20	requires	require	VERB
cjel-11734	722	21	funds	fund	NOUN
cjel-11734	722	22	to	to	PART
cjel-11734	722	23	describe	describe	VERB
cjel-11734	722	24	in	in	ADP
cjel-11734	722	25	their	their	PRON
cjel-11734	722	26	prospectuses	prospectus	NOUN
cjel-11734	722	27	how	how	SCONJ
cjel-11734	722	28	they	they	PRON
cjel-11734	722	29	incorporate	incorporate	VERB
cjel-11734	722	30	esg	esg	NOUN
cjel-11734	722	31	factors	factor	NOUN
cjel-11734	722	32	into	into	ADP
cjel-11734	722	33	the	the	DET
cjel-11734	722	34	investment	investment	NOUN
cjel-11734	722	35	selection	selection	NOUN
cjel-11734	722	36	process,193	process,193	NOUN
cjel-11734	722	37	and	and	CCONJ
cjel-11734	722	38	the	the	DET
cjel-11734	722	39	proposed	propose	VERB
cjel-11734	722	40	names	name	NOUN
cjel-11734	722	41	rule	rule	VERB
cjel-11734	722	42	calls	call	NOUN
cjel-11734	722	43	on	on	ADP
cjel-11734	722	44	funds	fund	NOUN
cjel-11734	722	45	to	to	ADP
cjel-11734	722	46	189	189	NUM
cjel-11734	722	47	.	.	PUNCT
cjel-11734	723	1	i	i	PRON
cjel-11734	723	2	d.	d.	PROPN
cjel-11734	723	3	190	190	NUM
cjel-11734	723	4	.	.	PUNCT
cjel-11734	724	1	i	i	PRON
cjel-11734	724	2	d.	d.	PROPN
cjel-11734	724	3	191	191	NUM
cjel-11734	724	4	.	.	PUNCT
cjel-11734	725	1	i	i	PRON
cjel-11734	725	2	d.	d.	PROPN
cjel-11734	725	3	192	192	NUM
cjel-11734	725	4	.	.	PUNCT
cjel-11734	726	1	i	i	PRON
cjel-11734	726	2	d.	d.	PROPN
cjel-11734	726	3	193	193	NUM
cjel-11734	726	4	.	.	PUNCT
cjel-11734	726	5	enhanced	enhance	VERB
cjel-11734	726	6	disclosures	disclosure	NOUN
cjel-11734	726	7	by	by	ADP
cjel-11734	726	8	certain	certain	ADJ
cjel-11734	726	9	investment	investment	NOUN
cjel-11734	726	10	advisers	adviser	NOUN
cjel-11734	726	11	and	and	CCONJ
cjel-11734	726	12	investment	investment	NOUN
cjel-11734	726	13	companies	company	NOUN
cjel-11734	726	14	about	about	ADP
cjel-11734	726	15	environmental	environmental	ADJ
cjel-11734	726	16	,	,	PUNCT
cjel-11734	726	17	social	social	ADJ
cjel-11734	726	18	,	,	PUNCT
cjel-11734	726	19	and	and	CCONJ
cjel-11734	726	20	governance	governance	NOUN
cjel-11734	726	21	investment	investment	NOUN
cjel-11734	726	22	practices	practice	NOUN
cjel-11734	726	23	,	,	PUNCT
cjel-11734	726	24	87	87	NUM
cjel-11734	726	25	fed	fed	PROPN
cjel-11734	726	26	.	.	PUNCT
cjel-11734	727	1	reg	reg	PROPN
cjel-11734	727	2	.	.	PROPN
cjel-11734	728	1	36654	36654	NUM
cjel-11734	728	2	,	,	PUNCT
cjel-11734	728	3	36659	36659	NUM
cjel-11734	728	4	(	(	PUNCT
cjel-11734	728	5	june	june	PROPN
cjel-11734	728	6	17	17	NUM
cjel-11734	728	7	,	,	PUNCT
cjel-11734	728	8	2022	2022	NUM
cjel-11734	728	9	)	)	PUNCT
cjel-11734	728	10	(	(	PUNCT
cjel-11734	728	11	codified	codify	VERB
cjel-11734	728	12	at	at	ADP
cjel-11734	728	13	17	17	NUM
cjel-11734	728	14	c.f.r	c.f.r	NOUN
cjel-11734	728	15	.	.	PUNCT
cjel-11734	729	1	§	§	PROPN
cjel-11734	729	2	274.11a	274.11a	NUM
cjel-11734	729	3	)	)	PUNCT
cjel-11734	729	4	(	(	PUNCT
cjel-11734	729	5	amended	amend	VERB
cjel-11734	729	6	items	item	NOUN
cjel-11734	729	7	4	4	NUM
cjel-11734	729	8	)	)	PUNCT
cjel-11734	729	9	.	.	PUNCT
cjel-11734	730	1	450	450	NUM
cjel-11734	730	2	columbia	columbia	PROPN
cjel-11734	730	3	journal	journal	PROPN
cjel-11734	730	4	of	of	ADP
cjel-11734	730	5	environmental	environmental	ADJ
cjel-11734	730	6	law	law	NOUN
cjel-11734	731	1	[	[	X
cjel-11734	731	2	vol.48:2	vol.48:2	NOUN
cjel-11734	731	3	define	define	VERB
cjel-11734	731	4	key	key	ADJ
cjel-11734	731	5	terms	term	NOUN
cjel-11734	731	6	in	in	ADP
cjel-11734	731	7	their	their	PRON
cjel-11734	731	8	names.194	names.194	PROPN
cjel-11734	731	9	as	as	ADP
cjel-11734	731	10	a	a	DET
cjel-11734	731	11	result	result	NOUN
cjel-11734	731	12	,	,	PUNCT
cjel-11734	731	13	fund	fund	NOUN
cjel-11734	731	14	disclosures	disclosure	NOUN
cjel-11734	731	15	might	might	AUX
cjel-11734	731	16	become	become	VERB
cjel-11734	731	17	even	even	ADV
cjel-11734	731	18	longer	long	ADJ
cjel-11734	731	19	than	than	SCONJ
cjel-11734	731	20	they	they	PRON
cjel-11734	731	21	already	already	ADV
cjel-11734	731	22	are	be	AUX
cjel-11734	731	23	,	,	PUNCT
cjel-11734	731	24	which	which	PRON
cjel-11734	731	25	has	have	VERB
cjel-11734	731	26	the	the	DET
cjel-11734	731	27	potential	potential	NOUN
cjel-11734	731	28	to	to	PART
cjel-11734	731	29	increase	increase	VERB
cjel-11734	731	30	the	the	DET
cjel-11734	731	31	burden	burden	NOUN
cjel-11734	731	32	on	on	ADP
cjel-11734	731	33	investors	investor	NOUN
cjel-11734	731	34	to	to	PART
cjel-11734	731	35	sift	sift	VERB
cjel-11734	731	36	through	through	ADP
cjel-11734	731	37	pages	page	NOUN
cjel-11734	731	38	of	of	ADP
cjel-11734	731	39	information	information	NOUN
cjel-11734	731	40	to	to	PART
cjel-11734	731	41	find	find	VERB
cjel-11734	731	42	what	what	PRON
cjel-11734	731	43	they	they	PRON
cjel-11734	731	44	are	be	AUX
cjel-11734	731	45	looking	look	VERB
cjel-11734	731	46	for.195	for.195	ADV
cjel-11734	731	47	on	on	ADP
cjel-11734	731	48	the	the	DET
cjel-11734	731	49	other	other	ADJ
cjel-11734	731	50	hand	hand	NOUN
cjel-11734	731	51	,	,	PUNCT
cjel-11734	731	52	the	the	DET
cjel-11734	731	53	proposed	propose	VERB
cjel-11734	731	54	esg	esg	PROPN
cjel-11734	731	55	fund	fund	PROPN
cjel-11734	731	56	rule	rule	NOUN
cjel-11734	731	57	’s	’s	PART
cjel-11734	731	58	layered	layered	ADJ
cjel-11734	731	59	disclosure	disclosure	NOUN
cjel-11734	731	60	format	format	NOUN
cjel-11734	731	61	may	may	AUX
cjel-11734	731	62	result	result	VERB
cjel-11734	731	63	in	in	ADP
cjel-11734	731	64	an	an	DET
cjel-11734	731	65	overall	overall	ADJ
cjel-11734	731	66	net	net	ADJ
cjel-11734	731	67	reduction	reduction	NOUN
cjel-11734	731	68	of	of	ADP
cjel-11734	731	69	disclosure	disclosure	NOUN
cjel-11734	731	70	length.196	length.196	PROPN
cjel-11734	731	71	2	2	NUM
cjel-11734	731	72	.	.	PUNCT
cjel-11734	731	73	etf	etf	NOUN
cjel-11734	731	74	and	and	CCONJ
cjel-11734	731	75	mutual	mutual	ADJ
cjel-11734	731	76	fund	fund	NOUN
cjel-11734	731	77	naming	naming	NOUN
cjel-11734	731	78	conventions	convention	NOUN
cjel-11734	731	79	etfs	etfs	NOUN
cjel-11734	731	80	and	and	CCONJ
cjel-11734	731	81	mutual	mutual	ADJ
cjel-11734	731	82	funds	fund	NOUN
cjel-11734	731	83	differentiated	differentiate	VERB
cjel-11734	731	84	themselves	themselves	PRON
cjel-11734	731	85	from	from	ADP
cjel-11734	731	86	the	the	DET
cjel-11734	731	87	get	get	NOUN
cjel-11734	731	88	-	-	PUNCT
cjel-11734	731	89	go	go	NOUN
cjel-11734	731	90	.	.	PUNCT
cjel-11734	732	1	of	of	ADP
cjel-11734	732	2	the	the	DET
cjel-11734	732	3	ten	ten	NUM
cjel-11734	732	4	etfs	etfs	NOUN
cjel-11734	732	5	in	in	ADP
cjel-11734	732	6	the	the	DET
cjel-11734	732	7	sample	sample	NOUN
cjel-11734	732	8	set	set	NOUN
cjel-11734	732	9	,	,	PUNCT
cjel-11734	732	10	nine	nine	NUM
cjel-11734	732	11	used	use	VERB
cjel-11734	732	12	the	the	DET
cjel-11734	732	13	term	term	NOUN
cjel-11734	732	14	“	"	PUNCT
cjel-11734	732	15	esg	esg	NOUN
cjel-11734	732	16	”	"	PUNCT
cjel-11734	732	17	in	in	ADP
cjel-11734	732	18	the	the	DET
cjel-11734	732	19	name	name	NOUN
cjel-11734	732	20	of	of	ADP
cjel-11734	732	21	the	the	DET
cjel-11734	732	22	fund.197	fund.197	NOUN
cjel-11734	732	23	in	in	ADP
cjel-11734	732	24	contrast	contrast	NOUN
cjel-11734	732	25	,	,	PUNCT
cjel-11734	732	26	zero	zero	NUM
cjel-11734	732	27	of	of	ADP
cjel-11734	732	28	the	the	DET
cjel-11734	732	29	ten	ten	NUM
cjel-11734	732	30	mutual	mutual	ADJ
cjel-11734	732	31	funds	fund	NOUN
cjel-11734	732	32	used	use	VERB
cjel-11734	732	33	the	the	DET
cjel-11734	732	34	“	"	PUNCT
cjel-11734	732	35	esg	esg	PROPN
cjel-11734	732	36	”	"	PUNCT
cjel-11734	732	37	moniker	moniker	NOUN
cjel-11734	732	38	,	,	PUNCT
cjel-11734	732	39	although	although	SCONJ
cjel-11734	732	40	five	five	NUM
cjel-11734	732	41	used	use	VERB
cjel-11734	732	42	a	a	DET
cjel-11734	732	43	related	related	ADJ
cjel-11734	732	44	term	term	NOUN
cjel-11734	732	45	in	in	ADP
cjel-11734	732	46	the	the	DET
cjel-11734	732	47	fund	fund	NOUN
cjel-11734	732	48	’s	’s	PART
cjel-11734	732	49	name	name	NOUN
cjel-11734	732	50	,	,	PUNCT
cjel-11734	732	51	such	such	ADJ
cjel-11734	732	52	as	as	ADP
cjel-11734	732	53	“	"	PUNCT
cjel-11734	732	54	social	social	ADJ
cjel-11734	732	55	,	,	PUNCT
cjel-11734	732	56	”	"	PUNCT
cjel-11734	732	57	“	"	PUNCT
cjel-11734	732	58	impact	impact	NOUN
cjel-11734	732	59	,	,	PUNCT
cjel-11734	732	60	”	"	PUNCT
cjel-11734	732	61	and	and	CCONJ
cjel-11734	732	62	“	"	PUNCT
cjel-11734	732	63	sustainable	sustainable	ADJ
cjel-11734	732	64	.	.	PUNCT
cjel-11734	733	1	”198	”198	PROPN
cjel-11734	733	2	etfs	etfs	PROPN
cjel-11734	733	3	also	also	ADV
cjel-11734	733	4	used	use	VERB
cjel-11734	733	5	other	other	ADJ
cjel-11734	733	6	subjective	subjective	ADJ
cjel-11734	733	7	terms	term	NOUN
cjel-11734	733	8	in	in	ADP
cjel-11734	733	9	their	their	PRON
cjel-11734	733	10	names	name	NOUN
cjel-11734	733	11	in	in	ADP
cjel-11734	733	12	conjunction	conjunction	NOUN
cjel-11734	733	13	with	with	ADP
cjel-11734	733	14	the	the	DET
cjel-11734	733	15	esg	esg	PROPN
cjel-11734	733	16	label	label	NOUN
cjel-11734	733	17	(	(	PUNCT
cjel-11734	733	18	e.g.	e.g.	ADV
cjel-11734	733	19	,	,	PUNCT
cjel-11734	733	20	“	"	PUNCT
cjel-11734	733	21	esg	esg	PROPN
cjel-11734	733	22	aware	aware	ADJ
cjel-11734	733	23	”	"	PUNCT
cjel-11734	733	24	and	and	CCONJ
cjel-11734	733	25	“	"	PUNCT
cjel-11734	733	26	esg	esg	PROPN
cjel-11734	733	27	leaders”).199	leaders”).199	PUNCT
cjel-11734	733	28	this	this	DET
cjel-11734	733	29	distinction	distinction	NOUN
cjel-11734	733	30	between	between	ADP
cjel-11734	733	31	the	the	DET
cjel-11734	733	32	observed	observed	ADJ
cjel-11734	733	33	naming	name	VERB
cjel-11734	733	34	conventions	convention	NOUN
cjel-11734	733	35	of	of	ADP
cjel-11734	733	36	etfs	etfs	PROPN
cjel-11734	733	37	and	and	CCONJ
cjel-11734	733	38	mutual	mutual	ADJ
cjel-11734	733	39	funds	fund	NOUN
cjel-11734	733	40	suggests	suggest	VERB
cjel-11734	733	41	the	the	DET
cjel-11734	733	42	two	two	NUM
cjel-11734	733	43	groups	group	NOUN
cjel-11734	733	44	have	have	AUX
cjel-11734	733	45	differing	differ	VERB
cjel-11734	733	46	perspectives	perspective	NOUN
cjel-11734	733	47	on	on	ADP
cjel-11734	733	48	the	the	DET
cjel-11734	733	49	role	role	NOUN
cjel-11734	733	50	that	that	PRON
cjel-11734	733	51	esg	esg	PROPN
cjel-11734	733	52	plays	play	VERB
cjel-11734	733	53	in	in	ADP
cjel-11734	733	54	the	the	DET
cjel-11734	733	55	broader	broad	ADJ
cjel-11734	733	56	investment	investment	NOUN
cjel-11734	733	57	selection	selection	NOUN
cjel-11734	733	58	process	process	NOUN
cjel-11734	733	59	.	.	PUNCT
cjel-11734	734	1	it	it	PRON
cjel-11734	734	2	also	also	ADV
cjel-11734	734	3	reveals	reveal	VERB
cjel-11734	734	4	where	where	SCONJ
cjel-11734	734	5	the	the	DET
cjel-11734	734	6	sec	sec	PROPN
cjel-11734	734	7	’s	’s	PART
cjel-11734	734	8	proposed	propose	VERB
cjel-11734	734	9	regime	regime	NOUN
cjel-11734	734	10	might	might	AUX
cjel-11734	734	11	have	have	VERB
cjel-11734	734	12	a	a	DET
cjel-11734	734	13	larger	large	ADJ
cjel-11734	734	14	impact	impact	NOUN
cjel-11734	734	15	.	.	PUNCT
cjel-11734	735	1	given	give	VERB
cjel-11734	735	2	the	the	DET
cjel-11734	735	3	stark	stark	ADJ
cjel-11734	735	4	difference	difference	NOUN
cjel-11734	735	5	between	between	ADP
cjel-11734	735	6	how	how	SCONJ
cjel-11734	735	7	etfs	etfs	NOUN
cjel-11734	735	8	and	and	CCONJ
cjel-11734	735	9	mutual	mutual	ADJ
cjel-11734	735	10	funds	fund	NOUN
cjel-11734	735	11	named	name	VERB
cjel-11734	735	12	themselves	themselves	PRON
cjel-11734	735	13	in	in	ADP
cjel-11734	735	14	the	the	DET
cjel-11734	735	15	sample	sample	NOUN
cjel-11734	735	16	set	set	NOUN
cjel-11734	735	17	,	,	PUNCT
cjel-11734	735	18	under	under	ADP
cjel-11734	735	19	the	the	DET
cjel-11734	735	20	new	new	ADJ
cjel-11734	735	21	framework	framework	NOUN
cjel-11734	735	22	,	,	PUNCT
cjel-11734	735	23	etfs	etfs	PROPN
cjel-11734	735	24	would	would	AUX
cjel-11734	735	25	more	more	ADV
cjel-11734	735	26	likely	likely	ADV
cjel-11734	735	27	be	be	AUX
cjel-11734	735	28	labeled	label	VERB
cjel-11734	735	29	“	"	PUNCT
cjel-11734	735	30	esg	esg	PROPN
cjel-11734	735	31	-	-	PUNCT
cjel-11734	735	32	focused	focused	ADJ
cjel-11734	735	33	”	"	PUNCT
cjel-11734	735	34	funds	fund	NOUN
cjel-11734	735	35	,	,	PUNCT
cjel-11734	735	36	and	and	CCONJ
cjel-11734	735	37	mutual	mutual	ADJ
cjel-11734	735	38	funds	fund	NOUN
cjel-11734	735	39	would	would	AUX
cjel-11734	735	40	be	be	AUX
cjel-11734	735	41	labeled	label	VERB
cjel-11734	735	42	as	as	ADP
cjel-11734	735	43	“	"	PUNCT
cjel-11734	735	44	integration	integration	NOUN
cjel-11734	735	45	”	"	PUNCT
cjel-11734	735	46	funds.200	funds.200	PROPN
cjel-11734	735	47	the	the	DET
cjel-11734	735	48	sec	sec	PROPN
cjel-11734	735	49	needs	need	VERB
cjel-11734	735	50	to	to	PART
cjel-11734	735	51	decide	decide	VERB
cjel-11734	735	52	whether	whether	SCONJ
cjel-11734	735	53	it	it	PRON
cjel-11734	735	54	will	will	AUX
cjel-11734	735	55	require	require	VERB
cjel-11734	735	56	a	a	DET
cjel-11734	735	57	fund	fund	NOUN
cjel-11734	735	58	which	which	PRON
cjel-11734	735	59	employs	employ	VERB
cjel-11734	735	60	an	an	DET
cjel-11734	735	61	“	"	PUNCT
cjel-11734	735	62	esgfocused	esgfocused	ADJ
cjel-11734	735	63	”	"	PUNCT
cjel-11734	735	64	strategy	strategy	NOUN
cjel-11734	735	65	to	to	PART
cjel-11734	735	66	add	add	VERB
cjel-11734	735	67	a	a	DET
cjel-11734	735	68	label	label	NOUN
cjel-11734	735	69	to	to	ADP
cjel-11734	735	70	its	its	PRON
cjel-11734	735	71	name	name	NOUN
cjel-11734	735	72	(	(	PUNCT
cjel-11734	735	73	e.g.	e.g.	ADV
cjel-11734	735	74	,	,	PUNCT
cjel-11734	735	75	the	the	DET
cjel-11734	735	76	“	"	PUNCT
cjel-11734	735	77	xyz	xyz	PROPN
cjel-11734	735	78	sustainable	sustainable	ADJ
cjel-11734	735	79	esg	esg	PROPN
cjel-11734	735	80	-	-	PUNCT
cjel-11734	735	81	focused	focus	VERB
cjel-11734	735	82	fund	fund	NOUN
cjel-11734	735	83	”	"	PUNCT
cjel-11734	735	84	)	)	PUNCT
cjel-11734	735	85	,	,	PUNCT
cjel-11734	735	86	or	or	CCONJ
cjel-11734	735	87	if	if	SCONJ
cjel-11734	735	88	it	it	PRON
cjel-11734	735	89	will	will	AUX
cjel-11734	735	90	only	only	ADV
cjel-11734	735	91	require	require	VERB
cjel-11734	735	92	an	an	DET
cjel-11734	735	93	“	"	PUNCT
cjel-11734	735	94	integration	integration	NOUN
cjel-11734	735	95	”	"	PUNCT
cjel-11734	735	96	fund	fund	NOUN
cjel-11734	735	97	to	to	PART
cjel-11734	735	98	remove	remove	VERB
cjel-11734	735	99	a	a	DET
cjel-11734	735	100	misleading	misleading	ADJ
cjel-11734	735	101	term	term	NOUN
cjel-11734	735	102	from	from	ADP
cjel-11734	735	103	its	its	PRON
cjel-11734	735	104	name	name	NOUN
cjel-11734	735	105	.	.	PUNCT
cjel-11734	736	1	the	the	DET
cjel-11734	736	2	current	current	ADJ
cjel-11734	736	3	proposal	proposal	NOUN
cjel-11734	736	4	is	be	AUX
cjel-11734	736	5	silent	silent	ADJ
cjel-11734	736	6	on	on	ADP
cjel-11734	736	7	the	the	DET
cjel-11734	736	8	former	former	ADJ
cjel-11734	736	9	but	but	CCONJ
cjel-11734	736	10	would	would	AUX
cjel-11734	736	11	require	require	VERB
cjel-11734	736	12	the	the	DET
cjel-11734	736	13	latter.201	latter.201	ADJ
cjel-11734	736	14	194	194	NUM
cjel-11734	736	15	.	.	PUNCT
cjel-11734	737	1	investment	investment	NOUN
cjel-11734	737	2	company	company	NOUN
cjel-11734	737	3	names	name	NOUN
cjel-11734	737	4	,	,	PUNCT
cjel-11734	737	5	87	87	NUM
cjel-11734	737	6	fed	fed	PROPN
cjel-11734	737	7	.	.	PUNCT
cjel-11734	738	1	reg	reg	PROPN
cjel-11734	738	2	.	.	PUNCT
cjel-11734	739	1	36594	36594	NUM
cjel-11734	739	2	,	,	PUNCT
cjel-11734	739	3	36611	36611	NUM
cjel-11734	739	4	(	(	PUNCT
cjel-11734	739	5	june	june	PROPN
cjel-11734	739	6	17	17	NUM
cjel-11734	739	7	,	,	PUNCT
cjel-11734	739	8	2022	2022	NUM
cjel-11734	739	9	)	)	PUNCT
cjel-11734	739	10	(	(	PUNCT
cjel-11734	739	11	codified	codify	VERB
cjel-11734	739	12	at	at	ADP
cjel-11734	739	13	17	17	NUM
cjel-11734	739	14	c.f.r	c.f.r	NOUN
cjel-11734	739	15	.	.	PUNCT
cjel-11734	740	1	§	§	PROPN
cjel-11734	740	2	274.11a-1	274.11a-1	NUM
cjel-11734	740	3	)	)	PUNCT
cjel-11734	740	4	(	(	PUNCT
cjel-11734	740	5	proposed	propose	VERB
cjel-11734	740	6	instruction	instruction	NOUN
cjel-11734	740	7	to	to	PART
cjel-11734	740	8	item	item	VERB
cjel-11734	740	9	4(a)(1	4(a)(1	NUM
cjel-11734	740	10	)	)	PUNCT
cjel-11734	740	11	of	of	ADP
cjel-11734	740	12	form	form	NOUN
cjel-11734	740	13	n–1a	n–1a	NUM
cjel-11734	740	14	)	)	PUNCT
cjel-11734	740	15	.	.	PUNCT
cjel-11734	741	1	195	195	NUM
cjel-11734	741	2	.	.	PUNCT
cjel-11734	742	1	while	while	SCONJ
cjel-11734	742	2	the	the	DET
cjel-11734	742	3	added	add	VERB
cjel-11734	742	4	information	information	NOUN
cjel-11734	742	5	may	may	AUX
cjel-11734	742	6	increase	increase	VERB
cjel-11734	742	7	the	the	DET
cjel-11734	742	8	length	length	NOUN
cjel-11734	742	9	of	of	ADP
cjel-11734	742	10	the	the	DET
cjel-11734	742	11	disclosures	disclosure	NOUN
cjel-11734	742	12	,	,	PUNCT
cjel-11734	742	13	the	the	DET
cjel-11734	742	14	information	information	NOUN
cjel-11734	742	15	may	may	AUX
cjel-11734	742	16	be	be	AUX
cjel-11734	742	17	what	what	PRON
cjel-11734	742	18	helps	help	VERB
cjel-11734	742	19	investors	investor	NOUN
cjel-11734	742	20	better	well	ADV
cjel-11734	742	21	understand	understand	VERB
cjel-11734	742	22	how	how	SCONJ
cjel-11734	742	23	a	a	DET
cjel-11734	742	24	product	product	NOUN
cjel-11734	742	25	considers	consider	VERB
cjel-11734	742	26	esg	esg	NOUN
cjel-11734	742	27	factors	factor	NOUN
cjel-11734	742	28	.	.	PUNCT
cjel-11734	743	1	196	196	NUM
cjel-11734	743	2	.	.	PUNCT
cjel-11734	744	1	the	the	DET
cjel-11734	744	2	downside	downside	NOUN
cjel-11734	744	3	to	to	ADP
cjel-11734	744	4	a	a	DET
cjel-11734	744	5	layered	layered	ADJ
cjel-11734	744	6	disclosure	disclosure	NOUN
cjel-11734	744	7	format	format	NOUN
cjel-11734	744	8	is	be	AUX
cjel-11734	744	9	that	that	SCONJ
cjel-11734	744	10	some	some	DET
cjel-11734	744	11	information	information	NOUN
cjel-11734	744	12	that	that	PRON
cjel-11734	744	13	some	some	DET
cjel-11734	744	14	investors	investor	NOUN
cjel-11734	744	15	might	might	AUX
cjel-11734	744	16	find	find	VERB
cjel-11734	744	17	helpful	helpful	ADJ
cjel-11734	744	18	will	will	AUX
cjel-11734	744	19	inevitably	inevitably	ADV
cjel-11734	744	20	be	be	AUX
cjel-11734	744	21	more	more	ADV
cjel-11734	744	22	difficult	difficult	ADJ
cjel-11734	744	23	to	to	PART
cjel-11734	744	24	access	access	VERB
cjel-11734	744	25	.	.	PUNCT
cjel-11734	745	1	197	197	NUM
cjel-11734	745	2	.	.	PUNCT
cjel-11734	745	3	esg	esg	PROPN
cjel-11734	745	4	mutual	mutual	ADJ
cjel-11734	745	5	fund	fund	NOUN
cjel-11734	745	6	and	and	CCONJ
cjel-11734	745	7	etf	etf	NOUN
cjel-11734	745	8	note	note	NOUN
cjel-11734	745	9	data	datum	NOUN
cjel-11734	745	10	(	(	PUNCT
cjel-11734	745	11	on	on	ADP
cjel-11734	745	12	file	file	NOUN
cjel-11734	745	13	with	with	ADP
cjel-11734	745	14	author	author	NOUN
cjel-11734	745	15	)	)	PUNCT
cjel-11734	745	16	.	.	PUNCT
cjel-11734	746	1	198	198	NUM
cjel-11734	746	2	.	.	PUNCT
cjel-11734	747	1	i	i	PRON
cjel-11734	747	2	d.	d.	PROPN
cjel-11734	747	3	199	199	NUM
cjel-11734	747	4	.	.	PUNCT
cjel-11734	748	1	i	i	PRON
cjel-11734	748	2	d.	d.	PROPN
cjel-11734	748	3	200	200	NUM
cjel-11734	748	4	.	.	PUNCT
cjel-11734	749	1	the	the	DET
cjel-11734	749	2	idea	idea	NOUN
cjel-11734	749	3	that	that	SCONJ
cjel-11734	749	4	mutual	mutual	ADJ
cjel-11734	749	5	funds	fund	NOUN
cjel-11734	749	6	more	more	ADV
cjel-11734	749	7	passively	passively	ADV
cjel-11734	749	8	integrated	integrate	VERB
cjel-11734	749	9	esg	esg	NOUN
cjel-11734	749	10	considerations	consideration	NOUN
cjel-11734	749	11	into	into	ADP
cjel-11734	749	12	the	the	DET
cjel-11734	749	13	investment	investment	NOUN
cjel-11734	749	14	selection	selection	NOUN
cjel-11734	749	15	process	process	NOUN
cjel-11734	749	16	than	than	SCONJ
cjel-11734	749	17	etfs	etfs	PROPN
cjel-11734	749	18	is	be	AUX
cjel-11734	749	19	supported	support	VERB
cjel-11734	749	20	by	by	ADP
cjel-11734	749	21	the	the	DET
cjel-11734	749	22	data	datum	NOUN
cjel-11734	749	23	in	in	ADP
cjel-11734	749	24	part	part	NOUN
cjel-11734	749	25	ii(a)(1	ii(a)(1	NOUN
cjel-11734	749	26	)	)	PUNCT
cjel-11734	749	27	,	,	PUNCT
cjel-11734	749	28	which	which	PRON
cjel-11734	749	29	highlighted	highlight	VERB
cjel-11734	749	30	that	that	SCONJ
cjel-11734	749	31	718	718	NUM
cjel-11734	749	32	mutual	mutual	ADJ
cjel-11734	749	33	funds	fund	NOUN
cjel-11734	749	34	,	,	PUNCT
cjel-11734	749	35	compared	compare	VERB
cjel-11734	749	36	to	to	ADP
cjel-11734	749	37	94	94	NUM
cjel-11734	749	38	etfs	etfs	NOUN
cjel-11734	749	39	,	,	PUNCT
cjel-11734	749	40	incorporated	incorporate	VERB
cjel-11734	749	41	esg	esg	NOUN
cjel-11734	749	42	language	language	NOUN
cjel-11734	749	43	into	into	ADP
cjel-11734	749	44	their	their	PRON
cjel-11734	749	45	prospectuses	prospectus	NOUN
cjel-11734	749	46	.	.	PUNCT
cjel-11734	750	1	see	see	VERB
cjel-11734	750	2	stankiewicz	stankiewicz	NOUN
cjel-11734	750	3	,	,	PUNCT
cjel-11734	750	4	supra	supra	PROPN
cjel-11734	750	5	note	note	NOUN
cjel-11734	750	6	46	46	NUM
cjel-11734	750	7	.	.	PUNCT
cjel-11734	750	8	201	201	NUM
cjel-11734	750	9	.	.	PUNCT
cjel-11734	751	1	investment	investment	NOUN
cjel-11734	751	2	company	company	NOUN
cjel-11734	751	3	names	name	NOUN
cjel-11734	751	4	,	,	PUNCT
cjel-11734	751	5	87	87	NUM
cjel-11734	751	6	fed	fed	PROPN
cjel-11734	751	7	.	.	PUNCT
cjel-11734	752	1	reg	reg	PROPN
cjel-11734	752	2	.	.	PUNCT
cjel-11734	753	1	36613	36613	NUM
cjel-11734	753	2	(	(	PUNCT
cjel-11734	753	3	june	june	PROPN
cjel-11734	753	4	17	17	NUM
cjel-11734	753	5	,	,	PUNCT
cjel-11734	753	6	2022	2022	NUM
cjel-11734	753	7	)	)	PUNCT
cjel-11734	753	8	.	.	PUNCT
cjel-11734	754	1	2023	2023	NUM
cjel-11734	754	2	]	]	PUNCT
cjel-11734	754	3	green	green	ADJ
cjel-11734	754	4	funds	fund	NOUN
cjel-11734	754	5	in	in	ADP
cjel-11734	754	6	a	a	DET
cjel-11734	754	7	gray	gray	ADJ
cjel-11734	754	8	area	area	NOUN
cjel-11734	754	9	451	451	NUM
cjel-11734	754	10	part	part	NOUN
cjel-11734	754	11	of	of	ADP
cjel-11734	754	12	the	the	DET
cjel-11734	754	13	purpose	purpose	NOUN
cjel-11734	754	14	of	of	ADP
cjel-11734	754	15	the	the	DET
cjel-11734	754	16	proposed	propose	VERB
cjel-11734	754	17	regime	regime	NOUN
cjel-11734	754	18	is	be	AUX
cjel-11734	754	19	to	to	PART
cjel-11734	754	20	eliminate	eliminate	VERB
cjel-11734	754	21	misleading	mislead	VERB
cjel-11734	754	22	fund	fund	NOUN
cjel-11734	755	1	names,202	names,202	NOUN
cjel-11734	756	1	so	so	ADV
cjel-11734	756	2	it	it	PRON
cjel-11734	756	3	makes	make	VERB
cjel-11734	756	4	little	little	ADJ
cjel-11734	756	5	sense	sense	NOUN
cjel-11734	756	6	to	to	PART
cjel-11734	756	7	force	force	VERB
cjel-11734	756	8	a	a	DET
cjel-11734	756	9	fund	fund	NOUN
cjel-11734	756	10	that	that	PRON
cjel-11734	756	11	is	be	AUX
cjel-11734	756	12	not	not	PART
cjel-11734	756	13	using	use	VERB
cjel-11734	756	14	“	"	PUNCT
cjel-11734	756	15	esg	esg	NOUN
cjel-11734	756	16	”	"	PUNCT
cjel-11734	756	17	or	or	CCONJ
cjel-11734	756	18	a	a	DET
cjel-11734	756	19	related	related	ADJ
cjel-11734	756	20	term	term	NOUN
cjel-11734	756	21	in	in	ADP
cjel-11734	756	22	its	its	PRON
cjel-11734	756	23	name	name	NOUN
cjel-11734	756	24	to	to	PART
cjel-11734	756	25	add	add	VERB
cjel-11734	756	26	a	a	DET
cjel-11734	756	27	label	label	NOUN
cjel-11734	756	28	.	.	PUNCT
cjel-11734	757	1	in	in	ADP
cjel-11734	757	2	fact	fact	NOUN
cjel-11734	757	3	,	,	PUNCT
cjel-11734	757	4	this	this	DET
cjel-11734	757	5	scenario	scenario	NOUN
cjel-11734	757	6	was	be	AUX
cjel-11734	757	7	not	not	PART
cjel-11734	757	8	present	present	ADJ
cjel-11734	757	9	in	in	ADP
cjel-11734	757	10	the	the	DET
cjel-11734	757	11	sample	sample	NOUN
cjel-11734	757	12	set	set	NOUN
cjel-11734	757	13	,	,	PUNCT
cjel-11734	757	14	which	which	PRON
cjel-11734	757	15	suggests	suggest	VERB
cjel-11734	757	16	that	that	SCONJ
cjel-11734	757	17	it	it	PRON
cjel-11734	757	18	is	be	AUX
cjel-11734	757	19	likely	likely	ADJ
cjel-11734	757	20	a	a	DET
cjel-11734	757	21	fund	fund	NOUN
cjel-11734	757	22	incorporating	incorporate	VERB
cjel-11734	757	23	esg	esg	NOUN
cjel-11734	757	24	factors	factor	NOUN
cjel-11734	757	25	in	in	ADP
cjel-11734	757	26	a	a	DET
cjel-11734	757	27	meaningful	meaningful	ADJ
cjel-11734	757	28	way	way	NOUN
cjel-11734	757	29	would	would	AUX
cjel-11734	757	30	self	self	NOUN
cjel-11734	757	31	-	-	PUNCT
cjel-11734	757	32	identify	identify	VERB
cjel-11734	757	33	as	as	ADP
cjel-11734	757	34	esg	esg	PROPN
cjel-11734	757	35	.	.	PUNCT
cjel-11734	758	1	on	on	ADP
cjel-11734	758	2	the	the	DET
cjel-11734	758	3	other	other	ADJ
cjel-11734	758	4	hand	hand	NOUN
cjel-11734	758	5	,	,	PUNCT
cjel-11734	758	6	the	the	DET
cjel-11734	758	7	absence	absence	NOUN
cjel-11734	758	8	of	of	ADP
cjel-11734	758	9	a	a	DET
cjel-11734	758	10	clear	clear	ADJ
cjel-11734	758	11	indicator	indicator	NOUN
cjel-11734	758	12	that	that	SCONJ
cjel-11734	758	13	a	a	DET
cjel-11734	758	14	fund	fund	NOUN
cjel-11734	758	15	incorporates	incorporate	VERB
cjel-11734	758	16	esg	esg	NOUN
cjel-11734	758	17	factors	factor	NOUN
cjel-11734	758	18	into	into	ADP
cjel-11734	758	19	the	the	DET
cjel-11734	758	20	investment	investment	NOUN
cjel-11734	758	21	selection	selection	NOUN
cjel-11734	758	22	process	process	NOUN
cjel-11734	758	23	—	—	PUNCT
cjel-11734	758	24	especially	especially	ADV
cjel-11734	758	25	exclusionary	exclusionary	ADJ
cjel-11734	758	26	practices	practice	NOUN
cjel-11734	758	27	that	that	PRON
cjel-11734	758	28	sometimes	sometimes	ADV
cjel-11734	758	29	underperform	underperform	VERB
cjel-11734	758	30	non	non	ADJ
cjel-11734	758	31	-	-	ADJ
cjel-11734	758	32	esg	esg	ADJ
cjel-11734	758	33	benchmarks203	benchmarks203	PROPN
cjel-11734	758	34	—	—	PUNCT
cjel-11734	758	35	is	be	AUX
cjel-11734	758	36	also	also	ADV
cjel-11734	758	37	misleading	mislead	VERB
cjel-11734	758	38	to	to	ADP
cjel-11734	758	39	an	an	DET
cjel-11734	758	40	investor	investor	NOUN
cjel-11734	758	41	who	who	PRON
cjel-11734	758	42	is	be	AUX
cjel-11734	758	43	only	only	ADV
cjel-11734	758	44	interested	interested	ADJ
cjel-11734	758	45	in	in	ADP
cjel-11734	758	46	esg	esg	PROPN
cjel-11734	758	47	investing	invest	VERB
cjel-11734	758	48	as	as	ADP
cjel-11734	758	49	a	a	DET
cjel-11734	758	50	way	way	NOUN
cjel-11734	758	51	to	to	PART
cjel-11734	758	52	maximize	maximize	VERB
cjel-11734	758	53	profit	profit	NOUN
cjel-11734	758	54	,	,	PUNCT
cjel-11734	758	55	and	and	CCONJ
cjel-11734	758	56	who	who	PRON
cjel-11734	758	57	might	might	AUX
cjel-11734	758	58	not	not	PART
cjel-11734	758	59	appreciate	appreciate	VERB
cjel-11734	758	60	the	the	DET
cjel-11734	758	61	extent	extent	NOUN
cjel-11734	758	62	that	that	SCONJ
cjel-11734	758	63	esg	esg	PROPN
cjel-11734	758	64	factors	factor	NOUN
cjel-11734	758	65	play	play	VERB
cjel-11734	758	66	into	into	ADP
cjel-11734	758	67	the	the	DET
cjel-11734	758	68	fund	fund	NOUN
cjel-11734	758	69	’s	’s	PART
cjel-11734	758	70	investment	investment	NOUN
cjel-11734	758	71	process	process	NOUN
cjel-11734	758	72	.	.	PUNCT
cjel-11734	759	1	notably	notably	ADV
cjel-11734	759	2	,	,	PUNCT
cjel-11734	759	3	the	the	DET
cjel-11734	759	4	significant	significant	ADJ
cjel-11734	759	5	consequence	consequence	NOUN
cjel-11734	759	6	of	of	ADP
cjel-11734	759	7	being	be	AUX
cjel-11734	759	8	labeled	label	VERB
cjel-11734	759	9	an	an	DET
cjel-11734	759	10	“	"	PUNCT
cjel-11734	759	11	integration	integration	NOUN
cjel-11734	759	12	”	"	PUNCT
cjel-11734	759	13	fund	fund	NOUN
cjel-11734	759	14	is	be	AUX
cjel-11734	759	15	that	that	SCONJ
cjel-11734	759	16	the	the	DET
cjel-11734	759	17	fund	fund	NOUN
cjel-11734	759	18	can	can	AUX
cjel-11734	759	19	not	not	PART
cjel-11734	759	20	use	use	VERB
cjel-11734	759	21	esg	esg	NOUN
cjel-11734	759	22	-	-	PUNCT
cjel-11734	759	23	related	relate	VERB
cjel-11734	759	24	terminology	terminology	NOUN
cjel-11734	759	25	in	in	ADP
cjel-11734	759	26	its	its	PRON
cjel-11734	759	27	name	name	NOUN
cjel-11734	759	28	.	.	PUNCT
cjel-11734	760	1	but	but	CCONJ
cjel-11734	760	2	as	as	SCONJ
cjel-11734	760	3	shown	show	VERB
cjel-11734	760	4	above	above	ADV
cjel-11734	760	5	,	,	PUNCT
cjel-11734	760	6	just	just	ADV
cjel-11734	760	7	half	half	NOUN
cjel-11734	760	8	of	of	ADP
cjel-11734	760	9	the	the	DET
cjel-11734	760	10	mutual	mutual	ADJ
cjel-11734	760	11	funds	fund	NOUN
cjel-11734	760	12	used	use	VERB
cjel-11734	760	13	related	relate	VERB
cjel-11734	760	14	terminology	terminology	NOUN
cjel-11734	760	15	,	,	PUNCT
cjel-11734	760	16	and	and	CCONJ
cjel-11734	760	17	none	none	NOUN
cjel-11734	760	18	actually	actually	ADV
cjel-11734	760	19	used	use	VERB
cjel-11734	760	20	the	the	DET
cjel-11734	760	21	“	"	PUNCT
cjel-11734	760	22	esg	esg	PROPN
cjel-11734	760	23	”	"	PUNCT
cjel-11734	760	24	label.204	label.204	PROPN
cjel-11734	760	25	therefore	therefore	ADV
cjel-11734	760	26	,	,	PUNCT
cjel-11734	760	27	if	if	SCONJ
cjel-11734	760	28	the	the	DET
cjel-11734	760	29	sec	sec	PROPN
cjel-11734	760	30	only	only	ADV
cjel-11734	760	31	decides	decide	VERB
cjel-11734	760	32	to	to	PART
cjel-11734	760	33	require	require	VERB
cjel-11734	760	34	integration	integration	NOUN
cjel-11734	760	35	funds	fund	NOUN
cjel-11734	760	36	to	to	PART
cjel-11734	760	37	remove	remove	VERB
cjel-11734	760	38	misleading	misleading	ADJ
cjel-11734	760	39	labels	label	NOUN
cjel-11734	760	40	,	,	PUNCT
cjel-11734	760	41	the	the	DET
cjel-11734	760	42	proposed	propose	VERB
cjel-11734	760	43	regulation	regulation	NOUN
cjel-11734	760	44	stands	stand	VERB
cjel-11734	760	45	to	to	PART
cjel-11734	760	46	have	have	VERB
cjel-11734	760	47	a	a	DET
cjel-11734	760	48	larger	large	ADJ
cjel-11734	760	49	impact	impact	NOUN
cjel-11734	760	50	on	on	ADP
cjel-11734	760	51	mutual	mutual	ADJ
cjel-11734	760	52	fund	fund	NOUN
cjel-11734	760	53	names	name	NOUN
cjel-11734	760	54	.	.	PUNCT
cjel-11734	761	1	as	as	ADP
cjel-11734	761	2	an	an	DET
cjel-11734	761	3	alternative	alternative	NOUN
cjel-11734	761	4	,	,	PUNCT
cjel-11734	761	5	the	the	DET
cjel-11734	761	6	sec	sec	PROPN
cjel-11734	761	7	could	could	AUX
cjel-11734	761	8	permit	permit	VERB
cjel-11734	761	9	integration	integration	NOUN
cjel-11734	761	10	funds	fund	NOUN
cjel-11734	761	11	to	to	PART
cjel-11734	761	12	use	use	VERB
cjel-11734	761	13	the	the	DET
cjel-11734	761	14	esg	esg	NOUN
cjel-11734	761	15	-	-	PUNCT
cjel-11734	761	16	related	relate	VERB
cjel-11734	761	17	terms	term	NOUN
cjel-11734	761	18	in	in	ADP
cjel-11734	761	19	in	in	ADP
cjel-11734	761	20	their	their	PRON
cjel-11734	761	21	names	name	NOUN
cjel-11734	761	22	so	so	ADV
cjel-11734	761	23	long	long	ADV
cjel-11734	761	24	as	as	SCONJ
cjel-11734	761	25	they	they	PRON
cjel-11734	761	26	also	also	ADV
cjel-11734	761	27	use	use	VERB
cjel-11734	761	28	the	the	DET
cjel-11734	761	29	“	"	PUNCT
cjel-11734	761	30	integration	integration	NOUN
cjel-11734	761	31	”	"	PUNCT
cjel-11734	761	32	label	label	NOUN
cjel-11734	761	33	,	,	PUNCT
cjel-11734	761	34	which	which	PRON
cjel-11734	761	35	would	would	AUX
cjel-11734	761	36	allow	allow	VERB
cjel-11734	761	37	more	more	ADJ
cjel-11734	761	38	funds	fund	NOUN
cjel-11734	761	39	to	to	PART
cjel-11734	761	40	keep	keep	VERB
cjel-11734	761	41	esg	esg	NOUN
cjel-11734	761	42	-	-	PUNCT
cjel-11734	761	43	related	relate	VERB
cjel-11734	761	44	terminology	terminology	NOUN
cjel-11734	761	45	in	in	ADP
cjel-11734	761	46	their	their	PRON
cjel-11734	761	47	names	name	NOUN
cjel-11734	761	48	.	.	PUNCT
cjel-11734	762	1	in	in	ADP
cjel-11734	762	2	fact	fact	NOUN
cjel-11734	762	3	,	,	PUNCT
cjel-11734	762	4	the	the	DET
cjel-11734	762	5	sec	sec	PROPN
cjel-11734	762	6	is	be	AUX
cjel-11734	762	7	considering	consider	VERB
cjel-11734	762	8	this	this	DET
cjel-11734	762	9	idea	idea	NOUN
cjel-11734	762	10	in	in	SCONJ
cjel-11734	762	11	its	its	PRON
cjel-11734	762	12	proposed	propose	VERB
cjel-11734	762	13	names	name	NOUN
cjel-11734	762	14	rule.205	rule.205	VERB
cjel-11734	762	15	doing	do	VERB
cjel-11734	762	16	so	so	ADV
cjel-11734	762	17	would	would	AUX
cjel-11734	762	18	provide	provide	VERB
cjel-11734	762	19	benefits	benefit	NOUN
cjel-11734	762	20	to	to	ADP
cjel-11734	762	21	various	various	ADJ
cjel-11734	762	22	groups	group	NOUN
cjel-11734	762	23	of	of	ADP
cjel-11734	762	24	investors	investor	NOUN
cjel-11734	762	25	.	.	PUNCT
cjel-11734	763	1	impact	impact	NOUN
cjel-11734	763	2	-	-	PUNCT
cjel-11734	763	3	focused	focus	VERB
cjel-11734	763	4	investors	investor	NOUN
cjel-11734	763	5	can	can	AUX
cjel-11734	763	6	avoid	avoid	VERB
cjel-11734	763	7	these	these	DET
cjel-11734	763	8	funds	fund	NOUN
cjel-11734	763	9	that	that	PRON
cjel-11734	763	10	do	do	AUX
cjel-11734	763	11	not	not	PART
cjel-11734	763	12	sufficiently	sufficiently	ADV
cjel-11734	763	13	prioritize	prioritize	VERB
cjel-11734	763	14	esg	esg	NOUN
cjel-11734	763	15	factors	factor	NOUN
cjel-11734	763	16	for	for	ADP
cjel-11734	763	17	their	their	PRON
cjel-11734	763	18	needs	need	NOUN
cjel-11734	763	19	.	.	PUNCT
cjel-11734	764	1	but	but	CCONJ
cjel-11734	764	2	the	the	DET
cjel-11734	764	3	real	real	ADJ
cjel-11734	764	4	benefit	benefit	NOUN
cjel-11734	764	5	is	be	AUX
cjel-11734	764	6	gained	gain	VERB
cjel-11734	764	7	by	by	ADP
cjel-11734	764	8	return	return	NOUN
cjel-11734	764	9	-	-	PUNCT
cjel-11734	764	10	seeking	seek	VERB
cjel-11734	764	11	investors	investor	NOUN
cjel-11734	764	12	,	,	PUNCT
cjel-11734	764	13	who	who	PRON
cjel-11734	764	14	can	can	AUX
cjel-11734	764	15	identify	identify	VERB
cjel-11734	764	16	which	which	DET
cjel-11734	764	17	funds	fund	NOUN
cjel-11734	764	18	consider	consider	VERB
cjel-11734	764	19	esg	esg	NOUN
cjel-11734	764	20	factors	factor	NOUN
cjel-11734	764	21	as	as	ADP
cjel-11734	764	22	part	part	NOUN
cjel-11734	764	23	of	of	ADP
cjel-11734	764	24	a	a	DET
cjel-11734	764	25	profit	profit	NOUN
cjel-11734	764	26	-	-	PUNCT
cjel-11734	764	27	maximization	maximization	NOUN
cjel-11734	764	28	strategy	strategy	NOUN
cjel-11734	764	29	.	.	PUNCT
cjel-11734	765	1	if	if	SCONJ
cjel-11734	765	2	these	these	DET
cjel-11734	765	3	funds	fund	NOUN
cjel-11734	765	4	are	be	AUX
cjel-11734	765	5	not	not	PART
cjel-11734	765	6	able	able	ADJ
cjel-11734	765	7	to	to	PART
cjel-11734	765	8	label	label	VERB
cjel-11734	765	9	themselves	themselves	PRON
cjel-11734	765	10	as	as	ADP
cjel-11734	765	11	esg	esg	PROPN
cjel-11734	765	12	funds	fund	NOUN
cjel-11734	765	13	,	,	PUNCT
cjel-11734	765	14	the	the	DET
cjel-11734	765	15	many	many	ADJ
cjel-11734	765	16	investors	investor	NOUN
cjel-11734	765	17	who	who	PRON
cjel-11734	765	18	seek	seek	VERB
cjel-11734	765	19	to	to	PART
cjel-11734	765	20	invest	invest	VERB
cjel-11734	765	21	in	in	ADP
cjel-11734	765	22	esg	esg	PROPN
cjel-11734	765	23	funds	fund	NOUN
cjel-11734	765	24	as	as	ADP
cjel-11734	765	25	part	part	NOUN
cjel-11734	765	26	of	of	ADP
cjel-11734	765	27	their	their	PRON
cjel-11734	765	28	returnsoriented	returnsoriente	VERB
cjel-11734	765	29	strategy	strategy	NOUN
cjel-11734	765	30	may	may	AUX
cjel-11734	765	31	not	not	PART
cjel-11734	765	32	be	be	AUX
cjel-11734	765	33	able	able	ADJ
cjel-11734	765	34	to	to	PART
cjel-11734	765	35	easily	easily	ADV
cjel-11734	765	36	find	find	VERB
cjel-11734	765	37	or	or	CCONJ
cjel-11734	765	38	identify	identify	VERB
cjel-11734	765	39	these	these	DET
cjel-11734	765	40	funds	fund	NOUN
cjel-11734	765	41	.	.	PUNCT
cjel-11734	766	1	202	202	NUM
cjel-11734	766	2	.	.	PUNCT
cjel-11734	767	1	i	i	PRON
cjel-11734	767	2	d.	d.	PROPN
cjel-11734	767	3	at	at	ADP
cjel-11734	767	4	36613–14	36613–14	NUM
cjel-11734	767	5	(	(	PUNCT
cjel-11734	767	6	detailing	detail	VERB
cjel-11734	767	7	the	the	DET
cjel-11734	767	8	sec	sec	PROPN
cjel-11734	767	9	’s	’s	PART
cjel-11734	767	10	focus	focus	NOUN
cjel-11734	767	11	on	on	ADP
cjel-11734	767	12	targeting	target	VERB
cjel-11734	767	13	misleading	mislead	VERB
cjel-11734	767	14	fund	fund	NOUN
cjel-11734	767	15	names	name	NOUN
cjel-11734	767	16	and	and	CCONJ
cjel-11734	767	17	promoting	promote	VERB
cjel-11734	767	18	truth	truth	NOUN
cjel-11734	767	19	in	in	ADP
cjel-11734	767	20	advertising	advertising	NOUN
cjel-11734	767	21	)	)	PUNCT
cjel-11734	767	22	;	;	PUNCT
cjel-11734	767	23	see	see	VERB
cjel-11734	767	24	also	also	ADV
cjel-11734	767	25	press	press	NOUN
cjel-11734	767	26	release	release	NOUN
cjel-11734	767	27	,	,	PUNCT
cjel-11734	767	28	sec	sec	PROPN
cjel-11734	767	29	,	,	PUNCT
cjel-11734	767	30	sec	sec	PROPN
cjel-11734	767	31	requests	request	VERB
cjel-11734	767	32	comment	comment	NOUN
cjel-11734	767	33	on	on	ADP
cjel-11734	767	34	fund	fund	NOUN
cjel-11734	767	35	names	name	NOUN
cjel-11734	767	36	rule	rule	NOUN
cjel-11734	767	37	;	;	PUNCT
cjel-11734	767	38	seeks	seek	VERB
cjel-11734	767	39	to	to	PART
cjel-11734	767	40	eliminate	eliminate	VERB
cjel-11734	767	41	misleading	mislead	VERB
cjel-11734	767	42	fund	fund	NOUN
cjel-11734	767	43	names	name	NOUN
cjel-11734	767	44	(	(	PUNCT
cjel-11734	767	45	mar	mar	PROPN
cjel-11734	767	46	.	.	PROPN
cjel-11734	767	47	2	2	NUM
cjel-11734	767	48	,	,	PUNCT
cjel-11734	767	49	2020	2020	NUM
cjel-11734	767	50	)	)	PUNCT
cjel-11734	767	51	,	,	PUNCT
cjel-11734	768	1	https://www.sec.gov/news/press-release/2020-50	https://www.sec.gov/news/press-release/2020-50	ADP
cjel-11734	768	2	[	[	X
cjel-11734	768	3	https://perma.cc/5f38-5jkf	https://perma.cc/5f38-5jkf	X
cjel-11734	768	4	]	]	X
cjel-11734	768	5	.	.	PUNCT
cjel-11734	769	1	203	203	NUM
cjel-11734	769	2	.	.	PUNCT
cjel-11734	770	1	see	see	VERB
cjel-11734	770	2	tensie	tensie	DET
cjel-11734	770	3	whelan	whelan	PROPN
cjel-11734	770	4	et	et	PROPN
cjel-11734	770	5	al	al	PROPN
cjel-11734	770	6	.	.	PROPN
cjel-11734	770	7	,	,	PUNCT
cjel-11734	770	8	supra	supra	PROPN
cjel-11734	770	9	note	note	NOUN
cjel-11734	770	10	80	80	NUM
cjel-11734	770	11	at	at	ADP
cjel-11734	770	12	7	7	NUM
cjel-11734	770	13	(	(	PUNCT
cjel-11734	770	14	“	"	PUNCT
cjel-11734	770	15	esg	esg	NOUN
cjel-11734	770	16	integration	integration	NOUN
cjel-11734	770	17	,	,	PUNCT
cjel-11734	770	18	broadly	broadly	ADV
cjel-11734	770	19	speaking	speak	VERB
cjel-11734	770	20	as	as	ADP
cjel-11734	770	21	an	an	DET
cjel-11734	770	22	investment	investment	NOUN
cjel-11734	770	23	strategy	strategy	NOUN
cjel-11734	770	24	,	,	PUNCT
cjel-11734	770	25	seems	seem	VERB
cjel-11734	770	26	to	to	PART
cjel-11734	770	27	perform	perform	VERB
cjel-11734	770	28	better	well	ADV
cjel-11734	770	29	than	than	ADP
cjel-11734	770	30	negative	negative	ADJ
cjel-11734	770	31	screening	screening	NOUN
cjel-11734	770	32	approaches	approach	NOUN
cjel-11734	770	33	”	"	PUNCT
cjel-11734	770	34	)	)	PUNCT
cjel-11734	770	35	.	.	PUNCT
cjel-11734	771	1	204	204	NUM
cjel-11734	771	2	.	.	PUNCT
cjel-11734	772	1	see	see	VERB
cjel-11734	772	2	esg	esg	PROPN
cjel-11734	772	3	mutual	mutual	ADJ
cjel-11734	772	4	fund	fund	NOUN
cjel-11734	772	5	and	and	CCONJ
cjel-11734	772	6	etf	etf	NOUN
cjel-11734	772	7	note	note	NOUN
cjel-11734	772	8	data	datum	NOUN
cjel-11734	772	9	(	(	PUNCT
cjel-11734	772	10	on	on	ADP
cjel-11734	772	11	file	file	NOUN
cjel-11734	772	12	with	with	ADP
cjel-11734	772	13	author	author	NOUN
cjel-11734	772	14	)	)	PUNCT
cjel-11734	772	15	.	.	PUNCT
cjel-11734	773	1	205	205	NUM
cjel-11734	773	2	.	.	PUNCT
cjel-11734	774	1	investment	investment	NOUN
cjel-11734	774	2	company	company	NOUN
cjel-11734	774	3	names	name	NOUN
cjel-11734	774	4	,	,	PUNCT
cjel-11734	774	5	87	87	NUM
cjel-11734	774	6	fed	fed	PROPN
cjel-11734	774	7	.	.	PUNCT
cjel-11734	775	1	reg	reg	PROPN
cjel-11734	775	2	.	.	PUNCT
cjel-11734	776	1	36614	36614	NUM
cjel-11734	776	2	(	(	PUNCT
cjel-11734	776	3	june	june	PROPN
cjel-11734	776	4	17	17	NUM
cjel-11734	776	5	,	,	PUNCT
cjel-11734	776	6	2022	2022	NUM
cjel-11734	776	7	)	)	PUNCT
cjel-11734	776	8	(	(	PUNCT
cjel-11734	776	9	to	to	PART
cjel-11734	776	10	be	be	AUX
cjel-11734	776	11	codified	codify	VERB
cjel-11734	776	12	in	in	ADP
cjel-11734	776	13	17	17	NUM
cjel-11734	776	14	c.f.r	c.f.r	NOUN
cjel-11734	776	15	.	.	PUNCT
cjel-11734	777	1	§	§	PROPN
cjel-11734	777	2	§	§	PROPN
cjel-11734	777	3	230	230	NUM
cjel-11734	777	4	,	,	PUNCT
cjel-11734	777	5	232	232	NUM
cjel-11734	777	6	,	,	PUNCT
cjel-11734	777	7	239	239	NUM
cjel-11734	777	8	,	,	PUNCT
cjel-11734	777	9	270	270	NUM
cjel-11734	777	10	,	,	PUNCT
cjel-11734	777	11	and	and	CCONJ
cjel-11734	777	12	274	274	NUM
cjel-11734	777	13	)	)	PUNCT
cjel-11734	777	14	.	.	PUNCT
cjel-11734	778	1	452	452	NUM
cjel-11734	778	2	columbia	columbia	PROPN
cjel-11734	778	3	journal	journal	PROPN
cjel-11734	778	4	of	of	ADP
cjel-11734	778	5	environmental	environmental	ADJ
cjel-11734	778	6	law	law	NOUN
cjel-11734	778	7	[	[	X
cjel-11734	778	8	vol.48:2	vol.48:2	NOUN
cjel-11734	778	9	3	3	NUM
cjel-11734	778	10	.	.	PUNCT
cjel-11734	779	1	a	a	DET
cjel-11734	779	2	review	review	NOUN
cjel-11734	779	3	of	of	ADP
cjel-11734	779	4	the	the	DET
cjel-11734	779	5	principal	principal	ADJ
cjel-11734	779	6	investment	investment	NOUN
cjel-11734	779	7	strategies	strategy	NOUN
cjel-11734	779	8	sections	section	NOUN
cjel-11734	779	9	while	while	SCONJ
cjel-11734	779	10	funds	fund	NOUN
cjel-11734	779	11	’	'	PUNCT
cjel-11734	779	12	principal	principal	ADJ
cjel-11734	779	13	investment	investment	NOUN
cjel-11734	779	14	strategies	strategy	NOUN
cjel-11734	779	15	sections	section	NOUN
cjel-11734	779	16	provided	provide	VERB
cjel-11734	779	17	specific	specific	ADJ
cjel-11734	779	18	esg	esg	NOUN
cjel-11734	779	19	-	-	PUNCT
cjel-11734	779	20	related	relate	VERB
cjel-11734	779	21	information	information	NOUN
cjel-11734	779	22	,	,	PUNCT
cjel-11734	779	23	the	the	DET
cjel-11734	779	24	language	language	NOUN
cjel-11734	779	25	used	use	VERB
cjel-11734	779	26	was	be	AUX
cjel-11734	779	27	highly	highly	ADV
cjel-11734	779	28	technical	technical	ADJ
cjel-11734	779	29	and	and	CCONJ
cjel-11734	779	30	presented	present	VERB
cjel-11734	779	31	in	in	ADP
cjel-11734	779	32	a	a	DET
cjel-11734	779	33	visually	visually	ADV
cjel-11734	779	34	unappealing	unappealing	ADJ
cjel-11734	779	35	format	format	NOUN
cjel-11734	779	36	,	,	PUNCT
cjel-11734	779	37	making	make	VERB
cjel-11734	779	38	it	it	PRON
cjel-11734	779	39	difficult	difficult	ADJ
cjel-11734	779	40	to	to	PART
cjel-11734	779	41	understand	understand	VERB
cjel-11734	779	42	or	or	CCONJ
cjel-11734	779	43	follow	follow	VERB
cjel-11734	779	44	.	.	PUNCT
cjel-11734	780	1	the	the	DET
cjel-11734	780	2	principal	principal	ADJ
cjel-11734	780	3	investment	investment	NOUN
cjel-11734	780	4	strategies	strategy	NOUN
cjel-11734	780	5	section	section	NOUN
cjel-11734	780	6	for	for	ADP
cjel-11734	780	7	each	each	DET
cjel-11734	780	8	fund	fund	NOUN
cjel-11734	780	9	described	describe	VERB
cjel-11734	780	10	how	how	SCONJ
cjel-11734	780	11	esg	esg	PROPN
cjel-11734	780	12	factors	factor	NOUN
cjel-11734	780	13	were	be	AUX
cjel-11734	780	14	considered	consider	VERB
cjel-11734	780	15	within	within	ADP
cjel-11734	780	16	their	their	PRON
cjel-11734	780	17	overall	overall	ADJ
cjel-11734	780	18	investment	investment	NOUN
cjel-11734	780	19	selection	selection	NOUN
cjel-11734	780	20	process	process	NOUN
cjel-11734	780	21	.	.	PUNCT
cjel-11734	781	1	overall	overall	ADV
cjel-11734	781	2	,	,	PUNCT
cjel-11734	781	3	disclosures	disclosure	NOUN
cjel-11734	781	4	seemed	seem	VERB
cjel-11734	781	5	to	to	PART
cjel-11734	781	6	flout	flout	VERB
cjel-11734	781	7	the	the	DET
cjel-11734	781	8	current	current	ADJ
cjel-11734	781	9	requirement	requirement	NOUN
cjel-11734	781	10	that	that	SCONJ
cjel-11734	781	11	funds	fund	NOUN
cjel-11734	781	12	use	use	VERB
cjel-11734	781	13	plain	plain	ADJ
cjel-11734	781	14	english	english	NOUN
cjel-11734	781	15	and	and	CCONJ
cjel-11734	781	16	disclose	disclose	VERB
cjel-11734	781	17	key	key	ADJ
cjel-11734	781	18	information	information	NOUN
cjel-11734	781	19	in	in	ADP
cjel-11734	781	20	a	a	DET
cjel-11734	781	21	concise	concise	ADJ
cjel-11734	781	22	and	and	CCONJ
cjel-11734	781	23	straightforward	straightforward	ADJ
cjel-11734	781	24	manner.206	manner.206	NOUN
cjel-11734	781	25	generally	generally	ADV
cjel-11734	781	26	,	,	PUNCT
cjel-11734	781	27	etfs	etfs	PROPN
cjel-11734	781	28	were	be	AUX
cjel-11734	781	29	more	more	ADV
cjel-11734	781	30	descriptive	descriptive	ADJ
cjel-11734	781	31	of	of	ADP
cjel-11734	781	32	their	their	PRON
cjel-11734	781	33	investment	investment	NOUN
cjel-11734	781	34	criteria	criterion	NOUN
cjel-11734	781	35	than	than	ADP
cjel-11734	781	36	mutual	mutual	ADJ
cjel-11734	781	37	funds	fund	NOUN
cjel-11734	781	38	,	,	PUNCT
cjel-11734	781	39	although	although	SCONJ
cjel-11734	781	40	the	the	DET
cjel-11734	781	41	criteria	criterion	NOUN
cjel-11734	781	42	appeared	appear	VERB
cjel-11734	781	43	to	to	PART
cjel-11734	781	44	come	come	VERB
cjel-11734	781	45	from	from	ADP
cjel-11734	781	46	third	third	ADJ
cjel-11734	781	47	parties	party	NOUN
cjel-11734	781	48	rather	rather	ADV
cjel-11734	781	49	than	than	ADP
cjel-11734	781	50	the	the	DET
cjel-11734	781	51	funds	fund	NOUN
cjel-11734	781	52	themselves	themselves	PRON
cjel-11734	781	53	.	.	PUNCT
cjel-11734	782	1	of	of	ADP
cjel-11734	782	2	the	the	DET
cjel-11734	782	3	ten	ten	NUM
cjel-11734	782	4	etfs	etfs	NOUN
cjel-11734	782	5	sampled	sample	VERB
cjel-11734	782	6	,	,	PUNCT
cjel-11734	782	7	seven	seven	NUM
cjel-11734	782	8	explicitly	explicitly	ADV
cjel-11734	782	9	tracked	track	VERB
cjel-11734	782	10	an	an	DET
cjel-11734	782	11	msci207	msci207	NOUN
cjel-11734	782	12	index	index	NOUN
cjel-11734	782	13	,	,	PUNCT
cjel-11734	782	14	six	six	NUM
cjel-11734	782	15	of	of	ADP
cjel-11734	782	16	which	which	PRON
cjel-11734	782	17	included	include	VERB
cjel-11734	782	18	the	the	DET
cjel-11734	782	19	term	term	NOUN
cjel-11734	782	20	“	"	PUNCT
cjel-11734	782	21	msci	msci	PROPN
cjel-11734	782	22	”	"	PUNCT
cjel-11734	782	23	in	in	ADP
cjel-11734	782	24	the	the	DET
cjel-11734	782	25	name	name	NOUN
cjel-11734	782	26	of	of	ADP
cjel-11734	782	27	the	the	DET
cjel-11734	782	28	fund.208	fund.208	NOUN
cjel-11734	782	29	the	the	DET
cjel-11734	782	30	fact	fact	NOUN
cjel-11734	782	31	the	the	DET
cjel-11734	782	32	term	term	NOUN
cjel-11734	782	33	“	"	PUNCT
cjel-11734	782	34	index	index	NOUN
cjel-11734	782	35	”	"	PUNCT
cjel-11734	782	36	was	be	AUX
cjel-11734	782	37	used	use	VERB
cjel-11734	782	38	298	298	NUM
cjel-11734	782	39	times	time	NOUN
cjel-11734	782	40	,	,	PUNCT
cjel-11734	782	41	“	"	PUNCT
cjel-11734	782	42	underlying	underlie	VERB
cjel-11734	782	43	”	"	PUNCT
cjel-11734	782	44	172	172	NUM
cjel-11734	782	45	times	time	NOUN
cjel-11734	782	46	,	,	PUNCT
cjel-11734	782	47	“	"	PUNCT
cjel-11734	782	48	msci	msci	PROPN
cjel-11734	782	49	”	"	PUNCT
cjel-11734	782	50	73	73	NUM
cjel-11734	782	51	times	time	NOUN
cjel-11734	782	52	,	,	PUNCT
cjel-11734	782	53	and	and	CCONJ
cjel-11734	782	54	“	"	PUNCT
cjel-11734	782	55	track	track	NOUN
cjel-11734	782	56	”	"	PUNCT
cjel-11734	782	57	28	28	NUM
cjel-11734	782	58	times	time	NOUN
cjel-11734	782	59	in	in	ADP
cjel-11734	782	60	the	the	DET
cjel-11734	782	61	etf	etf	NOUN
cjel-11734	782	62	principal	principal	ADJ
cjel-11734	782	63	investment	investment	NOUN
cjel-11734	782	64	strategy	strategy	NOUN
cjel-11734	782	65	sections	section	NOUN
cjel-11734	782	66	strongly	strongly	ADV
cjel-11734	782	67	supports	support	VERB
cjel-11734	782	68	the	the	DET
cjel-11734	782	69	notion	notion	NOUN
cjel-11734	782	70	that	that	SCONJ
cjel-11734	782	71	esg	esg	PROPN
cjel-11734	782	72	etfs	etfs	PROPN
cjel-11734	782	73	outsourced	outsource	VERB
cjel-11734	782	74	the	the	DET
cjel-11734	782	75	esg	esg	PROPN
cjel-11734	782	76	fund	fund	PROPN
cjel-11734	782	77	investment	investment	NOUN
cjel-11734	782	78	universe	universe	NOUN
cjel-11734	782	79	curation	curation	NOUN
cjel-11734	782	80	to	to	ADP
cjel-11734	782	81	third	third	ADJ
cjel-11734	782	82	-	-	PUNCT
cjel-11734	782	83	parties.209	parties.209	NOUN
cjel-11734	782	84	etfs	etfs	NOUN
cjel-11734	782	85	were	be	AUX
cjel-11734	782	86	also	also	ADV
cjel-11734	782	87	more	more	ADV
cjel-11734	782	88	likely	likely	ADJ
cjel-11734	782	89	to	to	PART
cjel-11734	782	90	describe	describe	VERB
cjel-11734	782	91	specific	specific	ADJ
cjel-11734	782	92	esg	esg	NOUN
cjel-11734	782	93	criteria	criterion	NOUN
cjel-11734	782	94	that	that	SCONJ
cjel-11734	782	95	their	their	PRON
cjel-11734	782	96	funds	fund	NOUN
cjel-11734	782	97	considered	consider	VERB
cjel-11734	782	98	.	.	PUNCT
cjel-11734	783	1	in	in	ADP
cjel-11734	783	2	their	their	PRON
cjel-11734	783	3	principal	principal	ADJ
cjel-11734	783	4	investment	investment	NOUN
cjel-11734	783	5	strategy	strategy	NOUN
cjel-11734	783	6	sections	section	NOUN
cjel-11734	783	7	,	,	PUNCT
cjel-11734	783	8	etfs	etfs	PROPN
cjel-11734	783	9	mentioned	mention	VERB
cjel-11734	783	10	“	"	PUNCT
cjel-11734	783	11	weapons	weapon	NOUN
cjel-11734	783	12	”	"	PUNCT
cjel-11734	783	13	twenty	twenty	NUM
cjel-11734	783	14	-	-	PUNCT
cjel-11734	783	15	four	four	NUM
cjel-11734	783	16	times	time	NOUN
cjel-11734	783	17	,	,	PUNCT
cjel-11734	783	18	“	"	PUNCT
cjel-11734	783	19	oil	oil	NOUN
cjel-11734	783	20	”	"	PUNCT
cjel-11734	783	21	eighteen	eighteen	NUM
cjel-11734	783	22	times	time	NOUN
cjel-11734	783	23	,	,	PUNCT
cjel-11734	783	24	“	"	PUNCT
cjel-11734	783	25	controversies	controversy	NOUN
cjel-11734	783	26	”	"	PUNCT
cjel-11734	783	27	sixteen	sixteen	NUM
cjel-11734	783	28	times	time	NOUN
cjel-11734	783	29	,	,	PUNCT
cjel-11734	783	30	“	"	PUNCT
cjel-11734	783	31	coal	coal	NOUN
cjel-11734	783	32	”	"	PUNCT
cjel-11734	783	33	fifteen	fifteen	NUM
cjel-11734	783	34	times	time	NOUN
cjel-11734	783	35	”	"	PUNCT
cjel-11734	783	36	,	,	PUNCT
cjel-11734	783	37	“	"	PUNCT
cjel-11734	783	38	nuclear	nuclear	ADJ
cjel-11734	783	39	”	"	PUNCT
cjel-11734	783	40	twelve	twelve	NUM
cjel-11734	783	41	times	time	NOUN
cjel-11734	783	42	,	,	PUNCT
cjel-11734	783	43	and	and	CCONJ
cjel-11734	783	44	“	"	PUNCT
cjel-11734	783	45	power	power	NOUN
cjel-11734	783	46	,	,	PUNCT
cjel-11734	783	47	”	"	PUNCT
cjel-11734	783	48	“	"	PUNCT
cjel-11734	783	49	gas	gas	NOUN
cjel-11734	783	50	,	,	PUNCT
cjel-11734	783	51	”	"	PUNCT
cjel-11734	783	52	“	"	PUNCT
cjel-11734	783	53	thermal	thermal	ADJ
cjel-11734	783	54	,	,	PUNCT
cjel-11734	783	55	”	"	PUNCT
cjel-11734	783	56	and	and	CCONJ
cjel-11734	783	57	“	"	PUNCT
cjel-11734	783	58	tobacco	tobacco	NOUN
cjel-11734	783	59	”	"	PUNCT
cjel-11734	783	60	each	each	DET
cjel-11734	783	61	eleven	eleven	NUM
cjel-11734	783	62	times.210	times.210	PROPN
cjel-11734	783	63	meanwhile	meanwhile	ADV
cjel-11734	783	64	,	,	PUNCT
cjel-11734	783	65	mutual	mutual	ADJ
cjel-11734	783	66	funds	fund	NOUN
cjel-11734	783	67	mentioned	mention	VERB
cjel-11734	783	68	“	"	PUNCT
cjel-11734	783	69	fossil	fossil	NOUN
cjel-11734	783	70	”	"	PUNCT
cjel-11734	783	71	seven	seven	NUM
cjel-11734	783	72	times	time	NOUN
cjel-11734	783	73	,	,	PUNCT
cjel-11734	783	74	“	"	PUNCT
cjel-11734	783	75	energy	energy	NOUN
cjel-11734	783	76	,	,	PUNCT
cjel-11734	783	77	”	"	PUNCT
cjel-11734	783	78	“	"	PUNCT
cjel-11734	783	79	gas	gas	NOUN
cjel-11734	783	80	,	,	PUNCT
cjel-11734	783	81	”	"	PUNCT
cjel-11734	783	82	and	and	CCONJ
cjel-11734	783	83	“	"	PUNCT
cjel-11734	783	84	oil	oil	NOUN
cjel-11734	783	85	”	"	PUNCT
cjel-11734	783	86	five	five	NUM
cjel-11734	783	87	times	time	NOUN
cjel-11734	783	88	,	,	PUNCT
cjel-11734	783	89	“	"	PUNCT
cjel-11734	783	90	nuclear	nuclear	ADJ
cjel-11734	783	91	”	"	PUNCT
cjel-11734	783	92	four	four	NUM
cjel-11734	783	93	times	time	NOUN
cjel-11734	783	94	,	,	PUNCT
cjel-11734	783	95	and	and	CCONJ
cjel-11734	783	96	“	"	PUNCT
cjel-11734	783	97	tobacco	tobacco	NOUN
cjel-11734	783	98	”	"	PUNCT
cjel-11734	783	99	and	and	CCONJ
cjel-11734	783	100	“	"	PUNCT
cjel-11734	783	101	coal	coal	NOUN
cjel-11734	783	102	”	"	PUNCT
cjel-11734	783	103	each	each	DET
cjel-11734	783	104	three	three	NUM
cjel-11734	783	105	times.211	times.211	NUM
cjel-11734	783	106	figures	figure	NOUN
cjel-11734	783	107	1	1	NUM
cjel-11734	783	108	and	and	CCONJ
cjel-11734	783	109	2	2	NUM
cjel-11734	783	110	in	in	ADP
cjel-11734	783	111	the	the	DET
cjel-11734	783	112	appendix	appendix	NOUN
cjel-11734	783	113	show	show	VERB
cjel-11734	783	114	key	key	ADJ
cjel-11734	783	115	word	word	NOUN
cjel-11734	783	116	frequencies	frequency	NOUN
cjel-11734	783	117	from	from	ADP
cjel-11734	783	118	the	the	DET
cjel-11734	783	119	principal	principal	ADJ
cjel-11734	783	120	investment	investment	NOUN
cjel-11734	783	121	strategy	strategy	NOUN
cjel-11734	783	122	sections	section	NOUN
cjel-11734	783	123	of	of	ADP
cjel-11734	783	124	the	the	DET
cjel-11734	783	125	funds	fund	NOUN
cjel-11734	783	126	in	in	ADP
cjel-11734	783	127	the	the	DET
cjel-11734	783	128	sample	sample	NOUN
cjel-11734	783	129	set	set	NOUN
cjel-11734	783	130	.	.	PUNCT
cjel-11734	784	1	although	although	SCONJ
cjel-11734	784	2	providing	provide	VERB
cjel-11734	784	3	specific	specific	ADJ
cjel-11734	784	4	esg	esg	NOUN
cjel-11734	784	5	criteria	criterion	NOUN
cjel-11734	784	6	helps	help	VERB
cjel-11734	784	7	investors	investor	NOUN
cjel-11734	784	8	understand	understand	VERB
cjel-11734	784	9	a	a	DET
cjel-11734	784	10	fund	fund	NOUN
cjel-11734	784	11	’s	’s	PART
cjel-11734	784	12	potential	potential	ADJ
cjel-11734	784	13	investment	investment	NOUN
cjel-11734	784	14	universe	universe	NOUN
cjel-11734	784	15	,	,	PUNCT
cjel-11734	784	16	this	this	DET
cjel-11734	784	17	information	information	NOUN
cjel-11734	784	18	was	be	AUX
cjel-11734	784	19	generally	generally	ADV
cjel-11734	784	20	hedged	hedge	VERB
cjel-11734	784	21	in	in	ADP
cjel-11734	784	22	complex	complex	ADJ
cjel-11734	784	23	financial	financial	ADJ
cjel-11734	784	24	jargon	jargon	NOUN
cjel-11734	784	25	that	that	PRON
cjel-11734	784	26	can	can	AUX
cjel-11734	784	27	confuse	confuse	VERB
cjel-11734	784	28	investors	investor	NOUN
cjel-11734	784	29	,	,	PUNCT
cjel-11734	784	30	especially	especially	ADV
cjel-11734	784	31	retail	retail	ADJ
cjel-11734	784	32	investors	investor	NOUN
cjel-11734	784	33	,	,	PUNCT
cjel-11734	784	34	and	and	CCONJ
cjel-11734	784	35	undermine	undermine	VERB
cjel-11734	784	36	the	the	DET
cjel-11734	784	37	purpose	purpose	NOUN
cjel-11734	784	38	of	of	ADP
cjel-11734	784	39	having	have	VERB
cjel-11734	784	40	206	206	NUM
cjel-11734	784	41	.	.	PUNCT
cjel-11734	785	1	see	see	VERB
cjel-11734	785	2	sec	sec	PROPN
cjel-11734	785	3	,	,	PUNCT
cjel-11734	785	4	form	form	VERB
cjel-11734	785	5	n–1a	n–1a	NUM
cjel-11734	785	6	general	general	ADJ
cjel-11734	785	7	instructions	instruction	NOUN
cjel-11734	785	8	b.4(c	b.4(c	PROPN
cjel-11734	785	9	)	)	PUNCT
cjel-11734	785	10	&	&	CCONJ
cjel-11734	785	11	c.1–3(c	c.1–3(c	PROPN
cjel-11734	785	12	)	)	PUNCT
cjel-11734	785	13	.	.	PUNCT
cjel-11734	786	1	207	207	NUM
cjel-11734	786	2	.	.	PUNCT
cjel-11734	787	1	msci	msci	PROPN
cjel-11734	787	2	is	be	AUX
cjel-11734	787	3	a	a	DET
cjel-11734	787	4	provider	provider	NOUN
cjel-11734	787	5	of	of	ADP
cjel-11734	787	6	indexes	index	NOUN
cjel-11734	787	7	and	and	CCONJ
cjel-11734	787	8	climate	climate	NOUN
cjel-11734	787	9	-	-	PUNCT
cjel-11734	787	10	related	relate	VERB
cjel-11734	787	11	data	datum	NOUN
cjel-11734	787	12	.	.	PUNCT
cjel-11734	788	1	208	208	NUM
cjel-11734	788	2	.	.	PUNCT
cjel-11734	788	3	esg	esg	PROPN
cjel-11734	788	4	mutual	mutual	ADJ
cjel-11734	788	5	fund	fund	NOUN
cjel-11734	788	6	and	and	CCONJ
cjel-11734	788	7	etf	etf	NOUN
cjel-11734	788	8	note	note	NOUN
cjel-11734	788	9	data	datum	NOUN
cjel-11734	788	10	(	(	PUNCT
cjel-11734	788	11	on	on	ADP
cjel-11734	788	12	file	file	NOUN
cjel-11734	788	13	with	with	ADP
cjel-11734	788	14	author	author	NOUN
cjel-11734	788	15	)	)	PUNCT
cjel-11734	788	16	.	.	PUNCT
cjel-11734	789	1	209	209	NUM
cjel-11734	789	2	.	.	PUNCT
cjel-11734	790	1	i	i	PRON
cjel-11734	790	2	d.	d.	PROPN
cjel-11734	790	3	210	210	NUM
cjel-11734	790	4	.	.	PUNCT
cjel-11734	791	1	i	i	PRON
cjel-11734	791	2	d.	d.	PROPN
cjel-11734	791	3	211	211	NUM
cjel-11734	791	4	.	.	PUNCT
cjel-11734	792	1	i	i	PRON
cjel-11734	792	2	d.	d.	PROPN
cjel-11734	792	3	2023	2023	NUM
cjel-11734	792	4	]	]	PUNCT
cjel-11734	792	5	green	green	ADJ
cjel-11734	792	6	funds	fund	NOUN
cjel-11734	792	7	in	in	ADP
cjel-11734	792	8	a	a	DET
cjel-11734	792	9	gray	gray	ADJ
cjel-11734	792	10	area	area	NOUN
cjel-11734	792	11	453	453	NUM
cjel-11734	792	12	requirements	requirement	NOUN
cjel-11734	792	13	for	for	ADP
cjel-11734	792	14	simplified	simplified	ADJ
cjel-11734	792	15	disclosure.212	disclosure.212	NOUN
cjel-11734	792	16	for	for	ADP
cjel-11734	792	17	example	example	NOUN
cjel-11734	792	18	,	,	PUNCT
cjel-11734	792	19	blackrock	blackrock	PROPN
cjel-11734	792	20	’s	’s	PART
cjel-11734	792	21	ishares	ishares	PROPN
cjel-11734	792	22	esg	esg	PROPN
cjel-11734	792	23	aware	aware	ADJ
cjel-11734	792	24	msci	msci	PROPN
cjel-11734	792	25	usa	usa	PROPN
cjel-11734	792	26	leaders	leaders	PROPN
cjel-11734	792	27	etf	etf	PROPN
cjel-11734	792	28	(	(	PUNCT
cjel-11734	792	29	susl	susl	PROPN
cjel-11734	792	30	)	)	PUNCT
cjel-11734	792	31	wrote	write	VERB
cjel-11734	792	32	that	that	SCONJ
cjel-11734	792	33	it	it	PRON
cjel-11734	792	34	“	"	PUNCT
cjel-11734	792	35	seeks	seek	VERB
cjel-11734	792	36	to	to	PART
cjel-11734	792	37	track	track	VERB
cjel-11734	792	38	.	.	PUNCT
cjel-11734	792	39	.	.	PUNCT
cjel-11734	792	40	.	.	PUNCT
cjel-11734	793	1	a	a	DET
cjel-11734	793	2	free	free	ADJ
cjel-11734	793	3	float	float	NOUN
cjel-11734	793	4	-	-	PUNCT
cjel-11734	793	5	adjusted	adjust	VERB
cjel-11734	793	6	market	market	NOUN
cjel-11734	793	7	capitalization	capitalization	NOUN
cjel-11734	793	8	weighted	weight	VERB
cjel-11734	793	9	equity	equity	NOUN
cjel-11734	793	10	index	index	NOUN
cjel-11734	793	11	.	.	PUNCT
cjel-11734	793	12	”213	”213	NOUN
cjel-11734	793	13	if	if	SCONJ
cjel-11734	793	14	an	an	DET
cjel-11734	793	15	investor	investor	NOUN
cjel-11734	793	16	were	be	AUX
cjel-11734	793	17	to	to	PART
cjel-11734	793	18	try	try	VERB
cjel-11734	793	19	to	to	PART
cjel-11734	793	20	determine	determine	VERB
cjel-11734	793	21	which	which	DET
cjel-11734	793	22	esg	esg	NOUN
cjel-11734	793	23	investing	investing	NOUN
cjel-11734	793	24	strategies	strategy	NOUN
cjel-11734	793	25	the	the	DET
cjel-11734	793	26	fund	fund	NOUN
cjel-11734	793	27	employed	employ	VERB
cjel-11734	793	28	,	,	PUNCT
cjel-11734	793	29	they	they	PRON
cjel-11734	793	30	would	would	AUX
cjel-11734	793	31	see	see	VERB
cjel-11734	793	32	that	that	SCONJ
cjel-11734	793	33	the	the	DET
cjel-11734	793	34	fund	fund	NOUN
cjel-11734	793	35	excludes	exclude	VERB
cjel-11734	793	36	securities	security	NOUN
cjel-11734	793	37	“	"	PUNCT
cjel-11734	793	38	involved	involve	VERB
cjel-11734	793	39	in	in	ADP
cjel-11734	793	40	the	the	DET
cjel-11734	793	41	business	business	NOUN
cjel-11734	793	42	of	of	ADP
cjel-11734	793	43	tobacco	tobacco	NOUN
cjel-11734	793	44	,	,	PUNCT
cjel-11734	793	45	alcohol	alcohol	NOUN
cjel-11734	793	46	,	,	PUNCT
cjel-11734	793	47	gambling	gambling	NOUN
cjel-11734	793	48	,	,	PUNCT
cjel-11734	793	49	nuclear	nuclear	ADJ
cjel-11734	793	50	power	power	NOUN
cjel-11734	793	51	.	.	PUNCT
cjel-11734	793	52	.	.	PUNCT
cjel-11734	793	53	.	.	PUNCT
cjel-11734	794	1	thermal	thermal	ADJ
cjel-11734	794	2	coal	coal	NOUN
cjel-11734	794	3	and	and	CCONJ
cjel-11734	794	4	unconventional	unconventional	ADJ
cjel-11734	794	5	oil	oil	NOUN
cjel-11734	794	6	and	and	CCONJ
cjel-11734	794	7	gas	gas	NOUN
cjel-11734	794	8	.	.	PUNCT
cjel-11734	794	9	.	.	PUNCT
cjel-11734	794	10	.	.	PUNCT
cjel-11734	795	1	companies	company	NOUN
cjel-11734	795	2	involved	involve	VERB
cjel-11734	795	3	with	with	ADP
cjel-11734	795	4	conventional	conventional	ADJ
cjel-11734	795	5	and	and	CCONJ
cjel-11734	795	6	controversial	controversial	ADJ
cjel-11734	795	7	weapons	weapon	NOUN
cjel-11734	795	8	,	,	PUNCT
cjel-11734	795	9	producers	producer	NOUN
cjel-11734	795	10	and	and	CCONJ
cjel-11734	795	11	major	major	ADJ
cjel-11734	795	12	retailers	retailer	NOUN
cjel-11734	795	13	of	of	ADP
cjel-11734	795	14	civilian	civilian	ADJ
cjel-11734	795	15	firearms	firearm	NOUN
cjel-11734	795	16	,	,	PUNCT
cjel-11734	795	17	as	as	ADV
cjel-11734	795	18	well	well	ADV
cjel-11734	795	19	as	as	ADP
cjel-11734	795	20	companies	company	NOUN
cjel-11734	795	21	involved	involve	VERB
cjel-11734	795	22	in	in	ADP
cjel-11734	795	23	very	very	ADV
cjel-11734	795	24	severe	severe	ADJ
cjel-11734	795	25	business	business	NOUN
cjel-11734	795	26	controversies	controversy	NOUN
cjel-11734	795	27	.	.	PUNCT
cjel-11734	795	28	”	"	PUNCT
cjel-11734	796	1	a	a	DET
cjel-11734	796	2	“	"	PUNCT
cjel-11734	796	3	controversy	controversy	NOUN
cjel-11734	796	4	”	"	PUNCT
cjel-11734	796	5	was	be	AUX
cjel-11734	796	6	defined	define	VERB
cjel-11734	796	7	as	as	ADP
cjel-11734	796	8	an	an	DET
cjel-11734	796	9	“	"	PUNCT
cjel-11734	796	10	instance	instance	NOUN
cjel-11734	796	11	or	or	CCONJ
cjel-11734	796	12	ongoing	ongoing	ADJ
cjel-11734	796	13	situation	situation	NOUN
cjel-11734	796	14	in	in	ADP
cjel-11734	796	15	which	which	PRON
cjel-11734	796	16	company	company	NOUN
cjel-11734	796	17	operations	operation	NOUN
cjel-11734	796	18	and/or	and/or	CCONJ
cjel-11734	796	19	products	product	NOUN
cjel-11734	796	20	allegedly	allegedly	ADV
cjel-11734	796	21	have	have	VERB
cjel-11734	796	22	a	a	DET
cjel-11734	796	23	negative	negative	ADJ
cjel-11734	796	24	environmental	environmental	ADJ
cjel-11734	796	25	,	,	PUNCT
cjel-11734	796	26	social	social	ADJ
cjel-11734	796	27	and/or	and/or	CCONJ
cjel-11734	796	28	governance	governance	NOUN
cjel-11734	796	29	impact	impact	NOUN
cjel-11734	796	30	.	.	PUNCT
cjel-11734	796	31	”214	”214	PUNCT
cjel-11734	797	1	from	from	ADP
cjel-11734	797	2	this	this	PRON
cjel-11734	797	3	,	,	PUNCT
cjel-11734	797	4	one	one	PRON
cjel-11734	797	5	might	might	AUX
cjel-11734	797	6	be	be	AUX
cjel-11734	797	7	able	able	ADJ
cjel-11734	797	8	to	to	PART
cjel-11734	797	9	determine	determine	VERB
cjel-11734	797	10	the	the	DET
cjel-11734	797	11	fund	fund	NOUN
cjel-11734	797	12	employs	employ	VERB
cjel-11734	797	13	an	an	DET
cjel-11734	797	14	exclusionary	exclusionary	ADJ
cjel-11734	797	15	investing	investing	NOUN
cjel-11734	797	16	strategy	strategy	NOUN
cjel-11734	797	17	.	.	PUNCT
cjel-11734	798	1	however	however	ADV
cjel-11734	798	2	,	,	PUNCT
cjel-11734	798	3	an	an	DET
cjel-11734	798	4	investor	investor	NOUN
cjel-11734	798	5	may	may	AUX
cjel-11734	798	6	not	not	PART
cjel-11734	798	7	recognize	recognize	VERB
cjel-11734	798	8	that	that	SCONJ
cjel-11734	798	9	the	the	DET
cjel-11734	798	10	fund	fund	NOUN
cjel-11734	798	11	also	also	ADV
cjel-11734	798	12	employs	employ	VERB
cjel-11734	798	13	a	a	DET
cjel-11734	798	14	best	good	ADJ
cjel-11734	798	15	-	-	PUNCT
cjel-11734	798	16	in	in	ADP
cjel-11734	798	17	-	-	PUNCT
cjel-11734	798	18	class	class	NOUN
cjel-11734	798	19	strategy,215	strategy,215	NOUN
cjel-11734	798	20	and	and	CCONJ
cjel-11734	798	21	what	what	PRON
cjel-11734	798	22	that	that	PRON
cjel-11734	798	23	means	mean	VERB
cjel-11734	798	24	in	in	ADP
cjel-11734	798	25	this	this	DET
cjel-11734	798	26	specific	specific	ADJ
cjel-11734	798	27	context	context	NOUN
cjel-11734	798	28	.	.	PUNCT
cjel-11734	799	1	the	the	DET
cjel-11734	799	2	fund	fund	NOUN
cjel-11734	799	3	does	do	AUX
cjel-11734	799	4	not	not	PART
cjel-11734	799	5	use	use	VERB
cjel-11734	799	6	the	the	DET
cjel-11734	799	7	term	term	NOUN
cjel-11734	799	8	“	"	PUNCT
cjel-11734	799	9	best	good	ADJ
cjel-11734	799	10	-	-	PUNCT
cjel-11734	799	11	in	in	ADP
cjel-11734	799	12	-	-	PUNCT
cjel-11734	799	13	class	class	NOUN
cjel-11734	799	14	,	,	PUNCT
cjel-11734	799	15	”	"	PUNCT
cjel-11734	799	16	but	but	CCONJ
cjel-11734	799	17	instead	instead	ADV
cjel-11734	799	18	says	say	VERB
cjel-11734	799	19	it	it	PRON
cjel-11734	799	20	is	be	AUX
cjel-11734	799	21	“	"	PUNCT
cjel-11734	799	22	comprised	comprise	VERB
cjel-11734	799	23	of	of	ADP
cjel-11734	799	24	companies	company	NOUN
cjel-11734	799	25	with	with	ADP
cjel-11734	799	26	the	the	DET
cjel-11734	799	27	highest	high	ADJ
cjel-11734	799	28	esg	esg	NOUN
cjel-11734	799	29	ratings	rating	NOUN
cjel-11734	799	30	from	from	ADP
cjel-11734	799	31	each	each	DET
cjel-11734	799	32	sector	sector	NOUN
cjel-11734	799	33	of	of	ADP
cjel-11734	799	34	the	the	DET
cjel-11734	799	35	parent	parent	NOUN
cjel-11734	799	36	index	index	NOUN
cjel-11734	799	37	.	.	PUNCT
cjel-11734	799	38	”	"	PUNCT
cjel-11734	800	1	here	here	ADV
cjel-11734	800	2	,	,	PUNCT
cjel-11734	800	3	“	"	PUNCT
cjel-11734	800	4	best	good	ADJ
cjel-11734	800	5	-	-	PUNCT
cjel-11734	800	6	in	in	ADP
cjel-11734	800	7	-	-	PUNCT
cjel-11734	800	8	class	class	NOUN
cjel-11734	800	9	”	"	PUNCT
cjel-11734	800	10	appears	appear	VERB
cjel-11734	800	11	generous	generous	ADJ
cjel-11734	800	12	:	:	PUNCT
cjel-11734	800	13	on	on	ADP
cjel-11734	800	14	a	a	DET
cjel-11734	800	15	rating	rating	NOUN
cjel-11734	800	16	scale	scale	NOUN
cjel-11734	800	17	from	from	ADP
cjel-11734	800	18	“	"	PUNCT
cjel-11734	800	19	ccc	ccc	X
cjel-11734	800	20	”	"	PUNCT
cjel-11734	800	21	(	(	PUNCT
cjel-11734	800	22	lowest	low	ADJ
cjel-11734	800	23	)	)	PUNCT
cjel-11734	800	24	to	to	ADP
cjel-11734	800	25	“	"	PUNCT
cjel-11734	800	26	aaa	aaa	NOUN
cjel-11734	800	27	”	"	PUNCT
cjel-11734	800	28	(	(	PUNCT
cjel-11734	800	29	highest	high	ADJ
cjel-11734	800	30	)	)	PUNCT
cjel-11734	800	31	,	,	PUNCT
cjel-11734	800	32	all	all	DET
cjel-11734	800	33	companies	company	NOUN
cjel-11734	800	34	with	with	ADP
cjel-11734	800	35	an	an	DET
cjel-11734	800	36	esg	esg	NOUN
cjel-11734	800	37	rating	rating	NOUN
cjel-11734	800	38	of	of	ADP
cjel-11734	800	39	“	"	PUNCT
cjel-11734	800	40	bb	bb	NOUN
cjel-11734	800	41	”	"	PUNCT
cjel-11734	800	42	or	or	CCONJ
cjel-11734	800	43	higher	high	ADJ
cjel-11734	800	44	are	be	AUX
cjel-11734	800	45	eligible	eligible	ADJ
cjel-11734	800	46	for	for	ADP
cjel-11734	800	47	inclusion.216	inclusion.216	VERB
cjel-11734	800	48	plus	plus	NOUN
cjel-11734	800	49	,	,	PUNCT
cjel-11734	800	50	companies	company	NOUN
cjel-11734	800	51	“	"	PUNCT
cjel-11734	800	52	involved	involve	VERB
cjel-11734	800	53	in	in	ADP
cjel-11734	800	54	very	very	ADV
cjel-11734	800	55	severe	severe	ADJ
cjel-11734	800	56	business	business	NOUN
cjel-11734	800	57	controversies	controversy	NOUN
cjel-11734	800	58	”	"	PUNCT
cjel-11734	800	59	are	be	AUX
cjel-11734	800	60	also	also	ADV
cjel-11734	800	61	eligible	eligible	ADJ
cjel-11734	800	62	as	as	ADV
cjel-11734	800	63	long	long	ADV
cjel-11734	800	64	as	as	SCONJ
cjel-11734	800	65	the	the	DET
cjel-11734	800	66	esg	esg	PROPN
cjel-11734	800	67	impact	impact	NOUN
cjel-11734	800	68	of	of	ADP
cjel-11734	800	69	their	their	PRON
cjel-11734	800	70	“	"	PUNCT
cjel-11734	800	71	very	very	ADV
cjel-11734	800	72	severe	severe	ADJ
cjel-11734	800	73	business	business	NOUN
cjel-11734	800	74	controversy	controversy	NOUN
cjel-11734	800	75	”	"	PUNCT
cjel-11734	800	76	does	do	AUX
cjel-11734	800	77	not	not	PART
cjel-11734	800	78	exceed	exceed	VERB
cjel-11734	800	79	a	a	DET
cjel-11734	800	80	three	three	NUM
cjel-11734	800	81	out	out	ADP
cjel-11734	800	82	of	of	ADP
cjel-11734	800	83	ten.217	ten.217	NOUN
cjel-11734	800	84	while	while	SCONJ
cjel-11734	800	85	susl	susl	PROPN
cjel-11734	800	86	’s	’s	PART
cjel-11734	800	87	summary	summary	NOUN
cjel-11734	800	88	prospectus	prospectus	NOUN
cjel-11734	800	89	provides	provide	VERB
cjel-11734	800	90	some	some	DET
cjel-11734	800	91	information	information	NOUN
cjel-11734	800	92	on	on	ADP
cjel-11734	800	93	how	how	SCONJ
cjel-11734	800	94	esg	esg	NOUN
cjel-11734	800	95	factors	factor	NOUN
cjel-11734	800	96	are	be	AUX
cjel-11734	800	97	incorporated	incorporate	VERB
cjel-11734	800	98	into	into	ADP
cjel-11734	800	99	the	the	DET
cjel-11734	800	100	investment	investment	NOUN
cjel-11734	800	101	selection	selection	NOUN
cjel-11734	800	102	process	process	NOUN
cjel-11734	800	103	,	,	PUNCT
cjel-11734	800	104	it	it	PRON
cjel-11734	800	105	also	also	ADV
cjel-11734	800	106	raises	raise	VERB
cjel-11734	800	107	questions	question	NOUN
cjel-11734	800	108	and	and	CCONJ
cjel-11734	800	109	concerns	concern	NOUN
cjel-11734	800	110	.	.	PUNCT
cjel-11734	801	1	with	with	ADP
cjel-11734	801	2	respect	respect	NOUN
cjel-11734	801	3	to	to	ADP
cjel-11734	801	4	the	the	DET
cjel-11734	801	5	security	security	NOUN
cjel-11734	801	6	selection	selection	NOUN
cjel-11734	801	7	process	process	NOUN
cjel-11734	801	8	,	,	PUNCT
cjel-11734	801	9	no	no	DET
cjel-11734	801	10	governance	governance	NOUN
cjel-11734	801	11	factors	factor	NOUN
cjel-11734	801	12	are	be	AUX
cjel-11734	801	13	explicitly	explicitly	ADV
cjel-11734	801	14	referenced	reference	VERB
cjel-11734	801	15	;	;	PUNCT
cjel-11734	801	16	if	if	SCONJ
cjel-11734	801	17	the	the	DET
cjel-11734	801	18	governance	governance	NOUN
cjel-11734	801	19	of	of	ADP
cjel-11734	801	20	securities	security	NOUN
cjel-11734	801	21	was	be	AUX
cjel-11734	801	22	considered	consider	VERB
cjel-11734	801	23	,	,	PUNCT
cjel-11734	801	24	this	this	DET
cjel-11734	801	25	process	process	NOUN
cjel-11734	801	26	was	be	AUX
cjel-11734	801	27	not	not	PART
cjel-11734	801	28	disclosed	disclose	VERB
cjel-11734	801	29	.	.	PUNCT
cjel-11734	802	1	additionally	additionally	ADV
cjel-11734	802	2	,	,	PUNCT
cjel-11734	802	3	any	any	DET
cjel-11734	802	4	security	security	NOUN
cjel-11734	802	5	that	that	PRON
cjel-11734	802	6	receives	receive	VERB
cjel-11734	802	7	a	a	DET
cjel-11734	802	8	“	"	PUNCT
cjel-11734	802	9	key	key	ADJ
cjel-11734	802	10	issue	issue	NOUN
cjel-11734	802	11	”	"	PUNCT
cjel-11734	802	12	score	score	NOUN
cjel-11734	802	13	of	of	ADP
cjel-11734	802	14	three	three	NUM
cjel-11734	802	15	or	or	CCONJ
cjel-11734	802	16	higher	high	ADJ
cjel-11734	802	17	is	be	AUX
cjel-11734	802	18	eligible	eligible	ADJ
cjel-11734	802	19	for	for	ADP
cjel-11734	802	20	inclusion	inclusion	NOUN
cjel-11734	802	21	;	;	PUNCT
cjel-11734	802	22	without	without	ADP
cjel-11734	802	23	more	more	ADJ
cjel-11734	802	24	context	context	NOUN
cjel-11734	802	25	,	,	PUNCT
cjel-11734	802	26	it	it	PRON
cjel-11734	802	27	is	be	AUX
cjel-11734	802	28	unclear	unclear	ADJ
cjel-11734	802	29	whether	whether	SCONJ
cjel-11734	802	30	that	that	DET
cjel-11734	802	31	number	number	NOUN
cjel-11734	802	32	is	be	AUX
cjel-11734	802	33	appropriate	appropriate	ADJ
cjel-11734	802	34	.	.	PUNCT
cjel-11734	803	1	three	three	NUM
cjel-11734	803	2	212	212	NUM
cjel-11734	803	3	.	.	PUNCT
cjel-11734	803	4	enhanced	enhance	VERB
cjel-11734	803	5	disclosures	disclosure	NOUN
cjel-11734	803	6	by	by	ADP
cjel-11734	803	7	certain	certain	ADJ
cjel-11734	803	8	investment	investment	NOUN
cjel-11734	803	9	advisers	adviser	NOUN
cjel-11734	803	10	and	and	CCONJ
cjel-11734	803	11	investment	investment	NOUN
cjel-11734	803	12	companies	company	NOUN
cjel-11734	803	13	about	about	ADP
cjel-11734	803	14	environmental	environmental	ADJ
cjel-11734	803	15	,	,	PUNCT
cjel-11734	803	16	social	social	ADJ
cjel-11734	803	17	,	,	PUNCT
cjel-11734	803	18	and	and	CCONJ
cjel-11734	803	19	governance	governance	NOUN
cjel-11734	803	20	investment	investment	NOUN
cjel-11734	803	21	practices	practice	NOUN
cjel-11734	803	22	,	,	PUNCT
cjel-11734	803	23	87	87	NUM
cjel-11734	803	24	fed	fed	PROPN
cjel-11734	803	25	.	.	PUNCT
cjel-11734	804	1	reg	reg	PROPN
cjel-11734	804	2	.	.	PROPN
cjel-11734	805	1	36654	36654	NUM
cjel-11734	805	2	,	,	PUNCT
cjel-11734	805	3	36659	36659	NUM
cjel-11734	805	4	(	(	PUNCT
cjel-11734	805	5	june	june	PROPN
cjel-11734	805	6	17	17	NUM
cjel-11734	805	7	,	,	PUNCT
cjel-11734	805	8	2022	2022	NUM
cjel-11734	805	9	)	)	PUNCT
cjel-11734	806	1	(	(	PUNCT
cjel-11734	806	2	to	to	PART
cjel-11734	806	3	be	be	AUX
cjel-11734	806	4	codified	codify	VERB
cjel-11734	806	5	at	at	ADP
cjel-11734	806	6	17	17	NUM
cjel-11734	806	7	c.f.r	c.f.r	NOUN
cjel-11734	806	8	.	.	PUNCT
cjel-11734	807	1	pts	pts	PROPN
cjel-11734	807	2	.	.	PROPN
cjel-11734	807	3	200	200	NUM
cjel-11734	807	4	,	,	PUNCT
cjel-11734	807	5	230	230	NUM
cjel-11734	807	6	,	,	PUNCT
cjel-11734	807	7	232	232	NUM
cjel-11734	807	8	,	,	PUNCT
cjel-11734	807	9	239	239	NUM
cjel-11734	807	10	,	,	PUNCT
cjel-11734	807	11	249	249	NUM
cjel-11734	807	12	,	,	PUNCT
cjel-11734	807	13	274	274	NUM
cjel-11734	807	14	,	,	PUNCT
cjel-11734	807	15	and	and	CCONJ
cjel-11734	807	16	279	279	NUM
cjel-11734	807	17	)	)	PUNCT
cjel-11734	807	18	.	.	PUNCT
cjel-11734	808	1	213	213	NUM
cjel-11734	808	2	.	.	PUNCT
cjel-11734	809	1	blackrock	blackrock	PROPN
cjel-11734	809	2	ishares	ishares	PROPN
cjel-11734	809	3	,	,	PUNCT
cjel-11734	809	4	esg	esg	PROPN
cjel-11734	809	5	msci	msci	PROPN
cjel-11734	809	6	usa	usa	PROPN
cjel-11734	809	7	leaders	leaders	PROPN
cjel-11734	809	8	etf	etf	PROPN
cjel-11734	809	9	,	,	PUNCT
cjel-11734	809	10	summary	summary	NOUN
cjel-11734	809	11	prospectus	prospectus	NOUN
cjel-11734	809	12	2	2	NUM
cjel-11734	809	13	(	(	PUNCT
cjel-11734	809	14	dec	dec	PROPN
cjel-11734	809	15	.	.	PROPN
cjel-11734	809	16	30	30	NUM
cjel-11734	809	17	,	,	PUNCT
cjel-11734	809	18	2020	2020	NUM
cjel-11734	809	19	)	)	PUNCT
cjel-11734	809	20	.	.	PUNCT
cjel-11734	810	1	214	214	NUM
cjel-11734	810	2	.	.	PUNCT
cjel-11734	811	1	i	i	PRON
cjel-11734	811	2	d.	d.	PROPN
cjel-11734	811	3	at	at	ADP
cjel-11734	811	4	2–3	2–3	PROPN
cjel-11734	811	5	.	.	PUNCT
cjel-11734	811	6	not	not	PART
cjel-11734	811	7	all	all	PRON
cjel-11734	811	8	of	of	ADP
cjel-11734	811	9	blackrock	blackrock	NOUN
cjel-11734	811	10	’s	’s	PART
cjel-11734	811	11	funds	fund	NOUN
cjel-11734	811	12	defined	define	VERB
cjel-11734	811	13	“	"	PUNCT
cjel-11734	811	14	controversy	controversy	NOUN
cjel-11734	811	15	”	"	PUNCT
cjel-11734	811	16	in	in	ADP
cjel-11734	811	17	the	the	DET
cjel-11734	811	18	summary	summary	NOUN
cjel-11734	811	19	prospectus	prospectus	NOUN
cjel-11734	811	20	.	.	PUNCT
cjel-11734	812	1	215	215	NUM
cjel-11734	812	2	.	.	PUNCT
cjel-11734	813	1	see	see	VERB
cjel-11734	813	2	inv	inv	PROPN
cjel-11734	813	3	.	.	PUNCT
cjel-11734	813	4	co.	co.	PROPN
cjel-11734	813	5	inst	inst	PROPN
cjel-11734	813	6	,	,	PUNCT
cjel-11734	813	7	supra	supra	PROPN
cjel-11734	813	8	note	note	PROPN
cjel-11734	813	9	82	82	NUM
cjel-11734	813	10	(	(	PUNCT
cjel-11734	813	11	defining	define	VERB
cjel-11734	813	12	a	a	DET
cjel-11734	813	13	“	"	PUNCT
cjel-11734	813	14	best	good	ADJ
cjel-11734	813	15	-	-	PUNCT
cjel-11734	813	16	in	in	ADP
cjel-11734	813	17	-	-	PUNCT
cjel-11734	813	18	class	class	NOUN
cjel-11734	813	19	”	"	PUNCT
cjel-11734	813	20	strategy	strategy	NOUN
cjel-11734	813	21	)	)	PUNCT
cjel-11734	813	22	.	.	PUNCT
cjel-11734	814	1	216	216	NUM
cjel-11734	814	2	.	.	PUNCT
cjel-11734	814	3	blackrock	blackrock	PROPN
cjel-11734	814	4	ishares	ishares	PROPN
cjel-11734	814	5	,	,	PUNCT
cjel-11734	814	6	supra	supra	PROPN
cjel-11734	814	7	note	note	NOUN
cjel-11734	814	8	213	213	NUM
cjel-11734	814	9	,	,	PUNCT
cjel-11734	814	10	at	at	ADP
cjel-11734	814	11	2	2	NUM
cjel-11734	814	12	.	.	NOUN
cjel-11734	814	13	217	217	NUM
cjel-11734	814	14	.	.	PUNCT
cjel-11734	815	1	i	i	PRON
cjel-11734	815	2	d.	d.	PROPN
cjel-11734	815	3	454	454	NUM
cjel-11734	815	4	columbia	columbia	PROPN
cjel-11734	815	5	journal	journal	PROPN
cjel-11734	815	6	of	of	ADP
cjel-11734	815	7	environmental	environmental	ADJ
cjel-11734	815	8	law	law	NOUN
cjel-11734	815	9	[	[	X
cjel-11734	815	10	vol.48:2	vol.48:2	NOUN
cjel-11734	815	11	out	out	ADP
cjel-11734	815	12	of	of	ADP
cjel-11734	815	13	ten	ten	NUM
cjel-11734	815	14	may	may	AUX
cjel-11734	815	15	seem	seem	VERB
cjel-11734	815	16	low	low	ADJ
cjel-11734	815	17	,	,	PUNCT
cjel-11734	815	18	but	but	CCONJ
cjel-11734	815	19	there	there	PRON
cjel-11734	815	20	is	be	VERB
cjel-11734	815	21	no	no	DET
cjel-11734	815	22	way	way	NOUN
cjel-11734	815	23	to	to	PART
cjel-11734	815	24	know	know	VERB
cjel-11734	815	25	unless	unless	SCONJ
cjel-11734	815	26	an	an	DET
cjel-11734	815	27	investor	investor	NOUN
cjel-11734	815	28	undertakes	undertake	VERB
cjel-11734	815	29	significant	significant	ADJ
cjel-11734	815	30	independent	independent	ADJ
cjel-11734	815	31	research	research	NOUN
cjel-11734	815	32	.	.	PUNCT
cjel-11734	816	1	it	it	PRON
cjel-11734	816	2	is	be	AUX
cjel-11734	816	3	unclear	unclear	ADJ
cjel-11734	816	4	what	what	PRON
cjel-11734	816	5	corporate	corporate	ADJ
cjel-11734	816	6	behavior	behavior	NOUN
cjel-11734	816	7	would	would	AUX
cjel-11734	816	8	render	render	VERB
cjel-11734	816	9	a	a	DET
cjel-11734	816	10	score	score	NOUN
cjel-11734	816	11	of	of	ADP
cjel-11734	816	12	three	three	NUM
cjel-11734	816	13	,	,	PUNCT
cjel-11734	816	14	nine	nine	NUM
cjel-11734	816	15	,	,	PUNCT
cjel-11734	816	16	or	or	CCONJ
cjel-11734	816	17	one	one	NUM
cjel-11734	816	18	.	.	PUNCT
cjel-11734	817	1	crucially	crucially	ADV
cjel-11734	817	2	,	,	PUNCT
cjel-11734	817	3	blackrock	blackrock	PROPN
cjel-11734	817	4	discloses	disclose	VERB
cjel-11734	817	5	that	that	SCONJ
cjel-11734	817	6	while	while	SCONJ
cjel-11734	817	7	90	90	NUM
cjel-11734	817	8	%	%	NOUN
cjel-11734	817	9	of	of	ADP
cjel-11734	817	10	the	the	DET
cjel-11734	817	11	fund	fund	NOUN
cjel-11734	817	12	will	will	AUX
cjel-11734	817	13	generally	generally	ADV
cjel-11734	817	14	be	be	AUX
cjel-11734	817	15	invested	invest	VERB
cjel-11734	817	16	the	the	DET
cjel-11734	817	17	underlying	underlying	ADJ
cjel-11734	817	18	index,218	index,218	NOUN
cjel-11734	817	19	there	there	PRON
cjel-11734	817	20	is	be	VERB
cjel-11734	817	21	a	a	DET
cjel-11734	817	22	remaining	remain	VERB
cjel-11734	817	23	10	10	NUM
cjel-11734	817	24	%	%	NOUN
cjel-11734	817	25	which	which	PRON
cjel-11734	817	26	may	may	AUX
cjel-11734	817	27	be	be	AUX
cjel-11734	817	28	invested	invest	VERB
cjel-11734	817	29	in	in	ADP
cjel-11734	817	30	a	a	DET
cjel-11734	817	31	variety	variety	NOUN
cjel-11734	817	32	of	of	ADP
cjel-11734	817	33	other	other	ADJ
cjel-11734	817	34	financial	financial	ADJ
cjel-11734	817	35	products	product	NOUN
cjel-11734	817	36	.	.	PUNCT
cjel-11734	818	1	it	it	PRON
cjel-11734	818	2	is	be	AUX
cjel-11734	818	3	unclear	unclear	ADJ
cjel-11734	818	4	whether	whether	SCONJ
cjel-11734	818	5	that	that	PRON
cjel-11734	818	6	final	final	ADJ
cjel-11734	818	7	10	10	NUM
cjel-11734	818	8	%	%	NOUN
cjel-11734	818	9	could	could	AUX
cjel-11734	818	10	be	be	AUX
cjel-11734	818	11	placed	place	VERB
cjel-11734	818	12	in	in	ADP
cjel-11734	818	13	investments	investment	NOUN
cjel-11734	818	14	that	that	PRON
cjel-11734	818	15	run	run	VERB
cjel-11734	818	16	counter	counter	ADV
cjel-11734	818	17	to	to	ADP
cjel-11734	818	18	the	the	DET
cjel-11734	818	19	fund	fund	NOUN
cjel-11734	818	20	’s	’s	PART
cjel-11734	818	21	goals	goal	NOUN
cjel-11734	818	22	,	,	PUNCT
cjel-11734	818	23	like	like	ADP
cjel-11734	818	24	a	a	DET
cjel-11734	818	25	money	money	NOUN
cjel-11734	818	26	market	market	NOUN
cjel-11734	818	27	fund	fund	NOUN
cjel-11734	818	28	that	that	PRON
cjel-11734	818	29	owns	own	VERB
cjel-11734	818	30	debt	debt	NOUN
cjel-11734	818	31	from	from	ADP
cjel-11734	818	32	a	a	DET
cjel-11734	818	33	company	company	NOUN
cjel-11734	818	34	that	that	PRON
cjel-11734	818	35	has	have	AUX
cjel-11734	818	36	previously	previously	ADV
cjel-11734	818	37	been	be	AUX
cjel-11734	818	38	excluded	exclude	VERB
cjel-11734	818	39	from	from	ADP
cjel-11734	818	40	the	the	DET
cjel-11734	818	41	underlying	underlying	ADJ
cjel-11734	818	42	index	index	NOUN
cjel-11734	818	43	for	for	ADP
cjel-11734	818	44	poor	poor	ADJ
cjel-11734	818	45	environmental	environmental	ADJ
cjel-11734	818	46	practices.219	practices.219	NOUN
cjel-11734	818	47	finally	finally	ADV
cjel-11734	818	48	,	,	PUNCT
cjel-11734	818	49	from	from	ADP
cjel-11734	818	50	a	a	DET
cjel-11734	818	51	presentation	presentation	NOUN
cjel-11734	818	52	standpoint	standpoint	NOUN
cjel-11734	818	53	,	,	PUNCT
cjel-11734	818	54	this	this	DET
cjel-11734	818	55	entire	entire	ADJ
cjel-11734	818	56	section	section	NOUN
cjel-11734	818	57	is	be	AUX
cjel-11734	818	58	presented	present	VERB
cjel-11734	818	59	in	in	ADP
cjel-11734	818	60	single	single	ADJ
cjel-11734	818	61	-	-	PUNCT
cjel-11734	818	62	spaced	space	VERB
cjel-11734	818	63	paragraphs	paragraph	NOUN
cjel-11734	818	64	full	full	ADJ
cjel-11734	818	65	of	of	ADP
cjel-11734	818	66	long	long	ADJ
cjel-11734	818	67	sentences	sentence	NOUN
cjel-11734	818	68	on	on	ADP
cjel-11734	818	69	a	a	DET
cjel-11734	818	70	twocolumn	twocolumn	NOUN
cjel-11734	818	71	page	page	NOUN
cjel-11734	818	72	,	,	PUNCT
cjel-11734	818	73	without	without	ADP
cjel-11734	818	74	any	any	DET
cjel-11734	818	75	visual	visual	ADJ
cjel-11734	818	76	aids	aid	NOUN
cjel-11734	818	77	or	or	CCONJ
cjel-11734	818	78	words	word	NOUN
cjel-11734	818	79	with	with	ADP
cjel-11734	818	80	emphasis	emphasis	NOUN
cjel-11734	818	81	to	to	PART
cjel-11734	818	82	distinguish	distinguish	VERB
cjel-11734	818	83	important	important	ADJ
cjel-11734	818	84	information	information	NOUN
cjel-11734	818	85	.	.	PUNCT
cjel-11734	819	1	the	the	DET
cjel-11734	819	2	section	section	NOUN
cjel-11734	819	3	is	be	AUX
cjel-11734	819	4	loaded	load	VERB
cjel-11734	819	5	with	with	ADP
cjel-11734	819	6	complex	complex	ADJ
cjel-11734	819	7	financial	financial	ADJ
cjel-11734	819	8	jargon	jargon	NOUN
cjel-11734	819	9	that	that	PRON
cjel-11734	819	10	warrants	warrant	NOUN
cjel-11734	819	11	further	further	ADJ
cjel-11734	819	12	explanation	explanation	NOUN
cjel-11734	819	13	,	,	PUNCT
cjel-11734	819	14	yet	yet	CCONJ
cjel-11734	819	15	little	little	ADJ
cjel-11734	819	16	,	,	PUNCT
cjel-11734	819	17	if	if	SCONJ
cjel-11734	819	18	any	any	PRON
cjel-11734	819	19	,	,	PUNCT
cjel-11734	819	20	is	be	AUX
cjel-11734	819	21	provided	provide	VERB
cjel-11734	819	22	.	.	PUNCT
cjel-11734	820	1	it	it	PRON
cjel-11734	820	2	would	would	AUX
cjel-11734	820	3	be	be	AUX
cjel-11734	820	4	challenging	challenge	VERB
cjel-11734	820	5	for	for	ADP
cjel-11734	820	6	almost	almost	ADV
cjel-11734	820	7	anyone	anyone	PRON
cjel-11734	820	8	to	to	PART
cjel-11734	820	9	quickly	quickly	ADV
cjel-11734	820	10	identify	identify	VERB
cjel-11734	820	11	the	the	DET
cjel-11734	820	12	key	key	ADJ
cjel-11734	820	13	information	information	NOUN
cjel-11734	820	14	they	they	PRON
cjel-11734	820	15	need	need	VERB
cjel-11734	820	16	.	.	PUNCT
cjel-11734	821	1	overall	overall	ADV
cjel-11734	821	2	,	,	PUNCT
cjel-11734	821	3	the	the	DET
cjel-11734	821	4	complex	complex	ADJ
cjel-11734	821	5	technical	technical	ADJ
cjel-11734	821	6	financial	financial	ADJ
cjel-11734	821	7	language	language	NOUN
cjel-11734	821	8	,	,	PUNCT
cjel-11734	821	9	lack	lack	NOUN
cjel-11734	821	10	of	of	ADP
cjel-11734	821	11	explanations	explanation	NOUN
cjel-11734	821	12	surrounding	surround	VERB
cjel-11734	821	13	key	key	ADJ
cjel-11734	821	14	esg	esg	NOUN
cjel-11734	821	15	criteria	criterion	NOUN
cjel-11734	821	16	,	,	PUNCT
cjel-11734	821	17	and	and	CCONJ
cjel-11734	821	18	unappealing	unappealing	ADJ
cjel-11734	821	19	presentation	presentation	NOUN
cjel-11734	821	20	in	in	ADP
cjel-11734	821	21	the	the	DET
cjel-11734	821	22	disclosures	disclosure	NOUN
cjel-11734	821	23	of	of	ADP
cjel-11734	821	24	both	both	CCONJ
cjel-11734	821	25	etfs	etfs	NOUN
cjel-11734	821	26	and	and	CCONJ
cjel-11734	821	27	mutual	mutual	ADJ
cjel-11734	821	28	funds	fund	NOUN
cjel-11734	821	29	can	can	AUX
cjel-11734	821	30	confuse	confuse	VERB
cjel-11734	821	31	and	and	CCONJ
cjel-11734	821	32	overwhelm	overwhelm	VERB
cjel-11734	821	33	investors	investor	NOUN
cjel-11734	821	34	.	.	PUNCT
cjel-11734	822	1	this	this	PRON
cjel-11734	822	2	clearly	clearly	ADV
cjel-11734	822	3	runs	run	VERB
cjel-11734	822	4	counter	counter	ADV
cjel-11734	822	5	to	to	ADP
cjel-11734	822	6	the	the	DET
cjel-11734	822	7	sec	sec	PROPN
cjel-11734	822	8	’s	’s	PART
cjel-11734	822	9	goal	goal	NOUN
cjel-11734	822	10	that	that	PRON
cjel-11734	822	11	fund	fund	NOUN
cjel-11734	822	12	disclosures	disclosure	NOUN
cjel-11734	822	13	provide	provide	VERB
cjel-11734	822	14	information	information	NOUN
cjel-11734	822	15	in	in	ADP
cjel-11734	822	16	a	a	DET
cjel-11734	822	17	concise	concise	ADJ
cjel-11734	822	18	and	and	CCONJ
cjel-11734	822	19	digestible	digestible	ADJ
cjel-11734	822	20	manner.220	manner.220	NOUN
cjel-11734	822	21	perhaps	perhaps	ADV
cjel-11734	822	22	the	the	DET
cjel-11734	822	23	proposed	propose	VERB
cjel-11734	822	24	esg	esg	PROPN
cjel-11734	822	25	fund	fund	NOUN
cjel-11734	822	26	rule	rule	NOUN
cjel-11734	822	27	can	can	AUX
cjel-11734	822	28	remedy	remedy	VERB
cjel-11734	822	29	some	some	PRON
cjel-11734	822	30	of	of	ADP
cjel-11734	822	31	these	these	DET
cjel-11734	822	32	issues	issue	NOUN
cjel-11734	822	33	.	.	PUNCT
cjel-11734	823	1	while	while	SCONJ
cjel-11734	823	2	there	there	PRON
cjel-11734	823	3	was	be	VERB
cjel-11734	823	4	already	already	ADV
cjel-11734	823	5	a	a	DET
cjel-11734	823	6	requirement	requirement	NOUN
cjel-11734	823	7	in	in	ADP
cjel-11734	823	8	place	place	NOUN
cjel-11734	823	9	for	for	SCONJ
cjel-11734	823	10	funds	fund	NOUN
cjel-11734	823	11	to	to	PART
cjel-11734	823	12	disclose	disclose	VERB
cjel-11734	823	13	information	information	NOUN
cjel-11734	823	14	in	in	ADP
cjel-11734	823	15	a	a	DET
cjel-11734	823	16	concise	concise	ADJ
cjel-11734	823	17	and	and	CCONJ
cjel-11734	823	18	simple	simple	ADJ
cjel-11734	823	19	manner	manner	NOUN
cjel-11734	823	20	using	use	VERB
cjel-11734	823	21	plain	plain	ADJ
cjel-11734	823	22	english	english	PROPN
cjel-11734	823	23	,	,	PUNCT
cjel-11734	823	24	the	the	DET
cjel-11734	823	25	required	require	VERB
cjel-11734	823	26	esg	esg	PROPN
cjel-11734	823	27	strategy	strategy	NOUN
cjel-11734	823	28	overview	overview	NOUN
cjel-11734	823	29	table	table	NOUN
cjel-11734	823	30	might	might	AUX
cjel-11734	823	31	provide	provide	VERB
cjel-11734	823	32	fund	fund	NOUN
cjel-11734	823	33	managers	manager	NOUN
cjel-11734	823	34	with	with	ADP
cjel-11734	823	35	the	the	DET
cjel-11734	823	36	forum	forum	NOUN
cjel-11734	823	37	to	to	PART
cjel-11734	823	38	do	do	VERB
cjel-11734	823	39	that.221	that.221	NOUN
cjel-11734	823	40	however	however	ADV
cjel-11734	823	41	,	,	PUNCT
cjel-11734	823	42	under	under	ADP
cjel-11734	823	43	the	the	DET
cjel-11734	823	44	proposal	proposal	NOUN
cjel-11734	823	45	,	,	PUNCT
cjel-11734	823	46	the	the	DET
cjel-11734	823	47	table	table	NOUN
cjel-11734	823	48	is	be	AUX
cjel-11734	823	49	slated	slate	VERB
cjel-11734	823	50	to	to	PART
cjel-11734	823	51	be	be	AUX
cjel-11734	823	52	housed	house	VERB
cjel-11734	823	53	in	in	ADP
cjel-11734	823	54	the	the	DET
cjel-11734	823	55	risk	risk	NOUN
cjel-11734	823	56	/	/	SYM
cjel-11734	823	57	returns	return	NOUN
cjel-11734	823	58	section	section	NOUN
cjel-11734	823	59	of	of	ADP
cjel-11734	823	60	the	the	DET
cjel-11734	823	61	prospectus	prospectus	NOUN
cjel-11734	823	62	,	,	PUNCT
cjel-11734	823	63	not	not	PART
cjel-11734	823	64	the	the	DET
cjel-11734	823	65	principal	principal	ADJ
cjel-11734	823	66	investing	investing	NOUN
cjel-11734	823	67	strategies	strategy	NOUN
cjel-11734	823	68	section	section	NOUN
cjel-11734	823	69	.	.	PUNCT
cjel-11734	824	1	the	the	DET
cjel-11734	824	2	proposed	propose	VERB
cjel-11734	824	3	esg	esg	PROPN
cjel-11734	824	4	fund	fund	NOUN
cjel-11734	824	5	rule	rule	NOUN
cjel-11734	824	6	also	also	ADV
cjel-11734	824	7	would	would	AUX
cjel-11734	824	8	require	require	VERB
cjel-11734	824	9	any	any	DET
cjel-11734	824	10	fund	fund	NOUN
cjel-11734	824	11	that	that	PRON
cjel-11734	824	12	uses	use	VERB
cjel-11734	824	13	218	218	NUM
cjel-11734	824	14	.	.	PUNCT
cjel-11734	825	1	i	i	PRON
cjel-11734	825	2	d.	d.	PROPN
cjel-11734	825	3	219	219	NUM
cjel-11734	825	4	.	.	PUNCT
cjel-11734	826	1	this	this	PRON
cjel-11734	826	2	would	would	AUX
cjel-11734	826	3	be	be	AUX
cjel-11734	826	4	like	like	ADP
cjel-11734	826	5	a	a	DET
cjel-11734	826	6	cereal	cereal	NOUN
cjel-11734	826	7	labeling	label	VERB
cjel-11734	826	8	itself	itself	PRON
cjel-11734	826	9	as	as	ADP
cjel-11734	826	10	“	"	PUNCT
cjel-11734	826	11	sugar	sugar	NOUN
cjel-11734	826	12	-	-	PUNCT
cjel-11734	826	13	free	free	ADJ
cjel-11734	826	14	,	,	PUNCT
cjel-11734	826	15	”	"	PUNCT
cjel-11734	826	16	yet	yet	CCONJ
cjel-11734	826	17	that	that	SCONJ
cjel-11734	826	18	only	only	ADV
cjel-11734	826	19	being	be	AUX
cjel-11734	826	20	true	true	ADJ
cjel-11734	826	21	for	for	ADP
cjel-11734	826	22	90	90	NUM
cjel-11734	826	23	%	%	NOUN
cjel-11734	826	24	of	of	ADP
cjel-11734	826	25	the	the	DET
cjel-11734	826	26	cereal	cereal	NOUN
cjel-11734	826	27	’s	’s	PART
cjel-11734	826	28	contents	content	NOUN
cjel-11734	826	29	and	and	CCONJ
cjel-11734	826	30	the	the	DET
cjel-11734	826	31	rest	rest	NOUN
cjel-11734	826	32	of	of	ADP
cjel-11734	826	33	the	the	DET
cjel-11734	826	34	box	box	NOUN
cjel-11734	826	35	being	be	AUX
cjel-11734	826	36	filled	fill	VERB
cjel-11734	826	37	with	with	ADP
cjel-11734	826	38	sugary	sugary	ADJ
cjel-11734	826	39	,	,	PUNCT
cjel-11734	826	40	unhealthy	unhealthy	ADJ
cjel-11734	826	41	cereal	cereal	NOUN
cjel-11734	826	42	.	.	PUNCT
cjel-11734	827	1	220	220	X
cjel-11734	827	2	.	.	PUNCT
cjel-11734	828	1	see	see	VERB
cjel-11734	828	2	borges	borge	NOUN
cjel-11734	828	3	,	,	PUNCT
cjel-11734	828	4	supra	supra	PROPN
cjel-11734	828	5	note	note	PROPN
cjel-11734	828	6	99	99	NUM
cjel-11734	828	7	;	;	PUNCT
cjel-11734	828	8	see	see	VERB
cjel-11734	828	9	also	also	ADV
cjel-11734	828	10	enhanced	enhance	VERB
cjel-11734	828	11	disclosures	disclosure	NOUN
cjel-11734	828	12	by	by	ADP
cjel-11734	828	13	certain	certain	ADJ
cjel-11734	828	14	investment	investment	NOUN
cjel-11734	828	15	advisers	adviser	NOUN
cjel-11734	828	16	and	and	CCONJ
cjel-11734	828	17	investment	investment	NOUN
cjel-11734	828	18	companies	company	NOUN
cjel-11734	828	19	about	about	ADP
cjel-11734	828	20	environmental	environmental	ADJ
cjel-11734	828	21	,	,	PUNCT
cjel-11734	828	22	social	social	ADJ
cjel-11734	828	23	,	,	PUNCT
cjel-11734	828	24	and	and	CCONJ
cjel-11734	828	25	governance	governance	NOUN
cjel-11734	828	26	investment	investment	NOUN
cjel-11734	828	27	practices	practice	NOUN
cjel-11734	828	28	,	,	PUNCT
cjel-11734	828	29	87	87	NUM
cjel-11734	828	30	fed	fed	PROPN
cjel-11734	828	31	.	.	PUNCT
cjel-11734	829	1	reg	reg	PROPN
cjel-11734	829	2	.	.	PROPN
cjel-11734	830	1	36654	36654	NUM
cjel-11734	830	2	,	,	PUNCT
cjel-11734	830	3	36659	36659	NUM
cjel-11734	830	4	(	(	PUNCT
cjel-11734	830	5	june	june	PROPN
cjel-11734	830	6	17	17	NUM
cjel-11734	830	7	,	,	PUNCT
cjel-11734	830	8	2022	2022	NUM
cjel-11734	830	9	)	)	PUNCT
cjel-11734	831	1	(	(	PUNCT
cjel-11734	831	2	to	to	PART
cjel-11734	831	3	be	be	AUX
cjel-11734	831	4	codified	codify	VERB
cjel-11734	831	5	at	at	ADP
cjel-11734	831	6	17	17	NUM
cjel-11734	831	7	c.f.r	c.f.r	NOUN
cjel-11734	831	8	.	.	PUNCT
cjel-11734	832	1	pts	pts	PROPN
cjel-11734	832	2	.	.	PROPN
cjel-11734	832	3	200	200	NUM
cjel-11734	832	4	,	,	PUNCT
cjel-11734	832	5	230	230	NUM
cjel-11734	832	6	,	,	PUNCT
cjel-11734	832	7	232	232	NUM
cjel-11734	832	8	,	,	PUNCT
cjel-11734	832	9	239	239	NUM
cjel-11734	832	10	,	,	PUNCT
cjel-11734	832	11	249	249	NUM
cjel-11734	832	12	,	,	PUNCT
cjel-11734	832	13	274	274	NUM
cjel-11734	832	14	,	,	PUNCT
cjel-11734	832	15	and	and	CCONJ
cjel-11734	832	16	279	279	NUM
cjel-11734	832	17	)	)	PUNCT
cjel-11734	832	18	.	.	PUNCT
cjel-11734	833	1	221	221	NUM
cjel-11734	833	2	.	.	PUNCT
cjel-11734	834	1	see	see	VERB
cjel-11734	834	2	enhanced	enhanced	ADJ
cjel-11734	834	3	disclosures	disclosure	NOUN
cjel-11734	834	4	by	by	ADP
cjel-11734	834	5	certain	certain	ADJ
cjel-11734	834	6	investment	investment	NOUN
cjel-11734	834	7	advisers	adviser	NOUN
cjel-11734	834	8	and	and	CCONJ
cjel-11734	834	9	investment	investment	NOUN
cjel-11734	834	10	companies	company	NOUN
cjel-11734	834	11	about	about	ADP
cjel-11734	834	12	environmental	environmental	ADJ
cjel-11734	834	13	,	,	PUNCT
cjel-11734	834	14	social	social	ADJ
cjel-11734	834	15	,	,	PUNCT
cjel-11734	834	16	and	and	CCONJ
cjel-11734	834	17	governance	governance	NOUN
cjel-11734	834	18	investment	investment	NOUN
cjel-11734	834	19	practices	practice	NOUN
cjel-11734	834	20	,	,	PUNCT
cjel-11734	834	21	87	87	NUM
cjel-11734	834	22	fed	fed	PROPN
cjel-11734	834	23	.	.	PUNCT
cjel-11734	835	1	reg	reg	PROPN
cjel-11734	835	2	.	.	PUNCT
cjel-11734	836	1	36663	36663	NUM
cjel-11734	836	2	(	(	PUNCT
cjel-11734	836	3	june	june	PROPN
cjel-11734	836	4	17	17	NUM
cjel-11734	836	5	,	,	PUNCT
cjel-11734	836	6	2022	2022	NUM
cjel-11734	836	7	)	)	PUNCT
cjel-11734	836	8	(	(	PUNCT
cjel-11734	836	9	to	to	PART
cjel-11734	836	10	be	be	AUX
cjel-11734	836	11	codified	codify	VERB
cjel-11734	836	12	at	at	ADP
cjel-11734	836	13	17	17	NUM
cjel-11734	836	14	c.f.r	c.f.r	NOUN
cjel-11734	836	15	pts	pt	NOUN
cjel-11734	836	16	.	.	PROPN
cjel-11734	836	17	200	200	NUM
cjel-11734	836	18	,	,	PUNCT
cjel-11734	836	19	230	230	NUM
cjel-11734	836	20	,	,	PUNCT
cjel-11734	836	21	232	232	NUM
cjel-11734	836	22	,	,	PUNCT
cjel-11734	836	23	239	239	NUM
cjel-11734	836	24	,	,	PUNCT
cjel-11734	836	25	249	249	NUM
cjel-11734	836	26	,	,	PUNCT
cjel-11734	836	27	274	274	NUM
cjel-11734	836	28	,	,	PUNCT
cjel-11734	836	29	and	and	CCONJ
cjel-11734	836	30	279	279	NUM
cjel-11734	836	31	)	)	PUNCT
cjel-11734	837	1	(	(	PUNCT
cjel-11734	837	2	explaining	explain	VERB
cjel-11734	837	3	the	the	DET
cjel-11734	837	4	sec	sec	PROPN
cjel-11734	837	5	created	create	VERB
cjel-11734	837	6	the	the	DET
cjel-11734	837	7	table	table	NOUN
cjel-11734	837	8	“	"	PUNCT
cjel-11734	837	9	to	to	PART
cjel-11734	837	10	provide	provide	VERB
cjel-11734	837	11	investors	investor	NOUN
cjel-11734	837	12	a	a	DET
cjel-11734	837	13	clear	clear	ADJ
cjel-11734	837	14	,	,	PUNCT
cjel-11734	837	15	comparable	comparable	ADJ
cjel-11734	837	16	,	,	PUNCT
cjel-11734	837	17	and	and	CCONJ
cjel-11734	837	18	succinct	succinct	ADJ
cjel-11734	837	19	summary	summary	NOUN
cjel-11734	837	20	of	of	ADP
cjel-11734	837	21	the	the	DET
cjel-11734	837	22	salient	salient	NOUN
cjel-11734	837	23	features	feature	NOUN
cjel-11734	837	24	of	of	ADP
cjel-11734	837	25	a	a	DET
cjel-11734	837	26	fund	fund	NOUN
cjel-11734	837	27	’s	’s	PART
cjel-11734	837	28	implementation	implementation	NOUN
cjel-11734	837	29	of	of	ADP
cjel-11734	837	30	esg	esg	PROPN
cjel-11734	837	31	factors	factor	NOUN
cjel-11734	837	32	”	"	PUNCT
cjel-11734	837	33	)	)	PUNCT
cjel-11734	837	34	.	.	PUNCT
cjel-11734	838	1	2023	2023	NUM
cjel-11734	838	2	]	]	PUNCT
cjel-11734	838	3	green	green	ADJ
cjel-11734	838	4	funds	fund	NOUN
cjel-11734	838	5	in	in	ADP
cjel-11734	838	6	a	a	DET
cjel-11734	838	7	gray	gray	ADJ
cjel-11734	838	8	area	area	NOUN
cjel-11734	838	9	455	455	NUM
cjel-11734	838	10	internal	internal	ADJ
cjel-11734	838	11	methodologies	methodology	NOUN
cjel-11734	838	12	or	or	CCONJ
cjel-11734	838	13	third	third	ADJ
cjel-11734	838	14	-	-	PUNCT
cjel-11734	838	15	party	party	NOUN
cjel-11734	838	16	data	data	NOUN
cjel-11734	838	17	providers	provider	NOUN
cjel-11734	838	18	(	(	PUNCT
cjel-11734	838	19	which	which	PRON
cjel-11734	838	20	every	every	DET
cjel-11734	838	21	fund	fund	NOUN
cjel-11734	838	22	in	in	ADP
cjel-11734	838	23	the	the	DET
cjel-11734	838	24	sample	sample	NOUN
cjel-11734	838	25	set	set	NOUN
cjel-11734	838	26	did	do	VERB
cjel-11734	838	27	)	)	PUNCT
cjel-11734	838	28	to	to	PART
cjel-11734	838	29	disclose	disclose	VERB
cjel-11734	838	30	how	how	SCONJ
cjel-11734	838	31	it	it	PRON
cjel-11734	838	32	uses	use	VERB
cjel-11734	838	33	the	the	DET
cjel-11734	838	34	methodology	methodology	NOUN
cjel-11734	838	35	,	,	PUNCT
cjel-11734	838	36	third	third	ADJ
cjel-11734	838	37	-	-	PUNCT
cjel-11734	838	38	party	party	NOUN
cjel-11734	838	39	data	datum	NOUN
cjel-11734	838	40	provider	provider	NOUN
cjel-11734	838	41	,	,	PUNCT
cjel-11734	838	42	or	or	CCONJ
cjel-11734	838	43	both.222	both.222	NOUN
cjel-11734	838	44	this	this	PRON
cjel-11734	838	45	might	might	AUX
cjel-11734	838	46	lead	lead	VERB
cjel-11734	838	47	to	to	ADP
cjel-11734	838	48	more	more	ADJ
cjel-11734	838	49	disclosure	disclosure	NOUN
cjel-11734	838	50	,	,	PUNCT
cjel-11734	838	51	but	but	CCONJ
cjel-11734	838	52	the	the	DET
cjel-11734	838	53	problem	problem	NOUN
cjel-11734	838	54	before	before	ADV
cjel-11734	838	55	was	be	AUX
cjel-11734	838	56	not	not	PART
cjel-11734	838	57	a	a	DET
cjel-11734	838	58	lack	lack	NOUN
cjel-11734	838	59	of	of	ADP
cjel-11734	838	60	information	information	NOUN
cjel-11734	838	61	,	,	PUNCT
cjel-11734	838	62	but	but	CCONJ
cjel-11734	838	63	rather	rather	ADV
cjel-11734	838	64	,	,	PUNCT
cjel-11734	838	65	a	a	DET
cjel-11734	838	66	deluge	deluge	NOUN
cjel-11734	838	67	of	of	ADP
cjel-11734	838	68	technical	technical	ADJ
cjel-11734	838	69	jargon	jargon	NOUN
cjel-11734	838	70	.	.	PUNCT
cjel-11734	839	1	4	4	X
cjel-11734	839	2	.	.	X
cjel-11734	839	3	the	the	DET
cjel-11734	839	4	esg	esg	PROPN
cjel-11734	839	5	investment	investment	NOUN
cjel-11734	839	6	strategies	strategy	NOUN
cjel-11734	839	7	utilized	utilize	VERB
cjel-11734	839	8	overall	overall	ADV
cjel-11734	839	9	,	,	PUNCT
cjel-11734	839	10	the	the	DET
cjel-11734	839	11	esg	esg	PROPN
cjel-11734	839	12	investment	investment	NOUN
cjel-11734	839	13	strategies	strategy	NOUN
cjel-11734	839	14	analyzed	analyze	VERB
cjel-11734	839	15	in	in	ADP
cjel-11734	839	16	this	this	DET
cjel-11734	839	17	note	note	NOUN
cjel-11734	839	18	varied	varied	ADJ
cjel-11734	839	19	significantly	significantly	ADV
cjel-11734	839	20	and	and	CCONJ
cjel-11734	839	21	were	be	AUX
cjel-11734	839	22	not	not	PART
cjel-11734	839	23	always	always	ADV
cjel-11734	839	24	clear	clear	ADJ
cjel-11734	839	25	.	.	PUNCT
cjel-11734	840	1	etfs	etfs	PROPN
cjel-11734	840	2	were	be	AUX
cjel-11734	840	3	more	more	ADV
cjel-11734	840	4	descriptive	descriptive	ADJ
cjel-11734	840	5	of	of	ADP
cjel-11734	840	6	their	their	PRON
cjel-11734	840	7	esg	esg	NOUN
cjel-11734	840	8	investing	investing	NOUN
cjel-11734	840	9	strategies	strategy	NOUN
cjel-11734	840	10	and	and	CCONJ
cjel-11734	840	11	were	be	AUX
cjel-11734	840	12	more	more	ADV
cjel-11734	840	13	likely	likely	ADJ
cjel-11734	840	14	to	to	PART
cjel-11734	840	15	employ	employ	VERB
cjel-11734	840	16	exclusionary	exclusionary	ADJ
cjel-11734	840	17	screens	screen	NOUN
cjel-11734	840	18	alongside	alongside	ADP
cjel-11734	840	19	an	an	DET
cjel-11734	840	20	esg	esg	NOUN
cjel-11734	840	21	integration	integration	NOUN
cjel-11734	840	22	strategy	strategy	NOUN
cjel-11734	840	23	,	,	PUNCT
cjel-11734	840	24	whereas	whereas	SCONJ
cjel-11734	840	25	mutual	mutual	ADJ
cjel-11734	840	26	funds	fund	NOUN
cjel-11734	840	27	primarily	primarily	ADV
cjel-11734	840	28	utilized	utilize	VERB
cjel-11734	840	29	esg	esg	NOUN
cjel-11734	840	30	integration	integration	NOUN
cjel-11734	840	31	approaches	approach	NOUN
cjel-11734	840	32	and	and	CCONJ
cjel-11734	840	33	were	be	AUX
cjel-11734	840	34	less	less	ADV
cjel-11734	840	35	descriptive	descriptive	ADJ
cjel-11734	840	36	of	of	ADP
cjel-11734	840	37	specific	specific	ADJ
cjel-11734	840	38	esg	esg	NOUN
cjel-11734	840	39	considerations	consideration	NOUN
cjel-11734	840	40	.	.	PUNCT
cjel-11734	841	1	because	because	SCONJ
cjel-11734	841	2	fund	fund	NOUN
cjel-11734	841	3	providers	provider	NOUN
cjel-11734	841	4	used	use	VERB
cjel-11734	841	5	different	different	ADJ
cjel-11734	841	6	language	language	NOUN
cjel-11734	841	7	to	to	PART
cjel-11734	841	8	describe	describe	VERB
cjel-11734	841	9	seemingly	seemingly	ADV
cjel-11734	841	10	similar	similar	ADJ
cjel-11734	841	11	strategies,223	strategies,223	NOUN
cjel-11734	841	12	it	it	PRON
cjel-11734	841	13	was	be	AUX
cjel-11734	841	14	generally	generally	ADV
cjel-11734	841	15	difficult	difficult	ADJ
cjel-11734	841	16	to	to	PART
cjel-11734	841	17	classify	classify	VERB
cjel-11734	841	18	funds	fund	NOUN
cjel-11734	841	19	as	as	ADP
cjel-11734	841	20	utilizing	utilize	VERB
cjel-11734	841	21	specific	specific	ADJ
cjel-11734	841	22	esg	esg	NOUN
cjel-11734	841	23	investing	invest	VERB
cjel-11734	841	24	strategies.224	strategies.224	PRON
cjel-11734	841	25	the	the	DET
cjel-11734	841	26	lack	lack	NOUN
cjel-11734	841	27	of	of	ADP
cjel-11734	841	28	standardization	standardization	NOUN
cjel-11734	841	29	makes	make	VERB
cjel-11734	841	30	comparing	compare	VERB
cjel-11734	841	31	funds	fund	NOUN
cjel-11734	841	32	more	more	ADV
cjel-11734	841	33	challenging	challenging	ADJ
cjel-11734	841	34	.	.	PUNCT
cjel-11734	842	1	tables	table	NOUN
cjel-11734	842	2	5	5	NUM
cjel-11734	842	3	and	and	CCONJ
cjel-11734	842	4	6	6	NUM
cjel-11734	842	5	show	show	VERB
cjel-11734	842	6	the	the	DET
cjel-11734	842	7	author	author	NOUN
cjel-11734	842	8	’s	’s	PART
cjel-11734	842	9	best	good	ADJ
cjel-11734	842	10	effort	effort	NOUN
cjel-11734	842	11	to	to	PART
cjel-11734	842	12	identify	identify	VERB
cjel-11734	842	13	the	the	DET
cjel-11734	842	14	strategies	strategy	NOUN
cjel-11734	842	15	employed	employ	VERB
cjel-11734	842	16	by	by	ADP
cjel-11734	842	17	the	the	DET
cjel-11734	842	18	funds	fund	NOUN
cjel-11734	842	19	in	in	ADP
cjel-11734	842	20	the	the	DET
cjel-11734	842	21	sample	sample	NOUN
cjel-11734	842	22	set	set	VERB
cjel-11734	842	23	based	base	VERB
cjel-11734	842	24	on	on	ADP
cjel-11734	842	25	their	their	PRON
cjel-11734	842	26	principal	principal	ADJ
cjel-11734	842	27	investing	investing	NOUN
cjel-11734	842	28	strategies	strategy	NOUN
cjel-11734	842	29	sections	section	NOUN
cjel-11734	842	30	.	.	PUNCT
cjel-11734	843	1	table	table	NOUN
cjel-11734	843	2	5	5	NUM
cjel-11734	843	3	:	:	PUNCT
cjel-11734	843	4	esg	esg	PROPN
cjel-11734	843	5	etf	etf	PROPN
cjel-11734	843	6	esg	esg	PROPN
cjel-11734	843	7	investing	investing	NOUN
cjel-11734	843	8	strategies	strategy	NOUN
cjel-11734	843	9	ticker	ticker	PROPN
cjel-11734	843	10	full	full	ADJ
cjel-11734	843	11	name	name	NOUN
cjel-11734	843	12	esg	esg	NOUN
cjel-11734	843	13	investing	investing	NOUN
cjel-11734	843	14	strategies	strategy	NOUN
cjel-11734	843	15	esgu	esgu	PROPN
cjel-11734	843	16	ishares	ishares	PROPN
cjel-11734	843	17	esg	esg	PROPN
cjel-11734	843	18	aware	aware	ADJ
cjel-11734	843	19	msci	msci	PROPN
cjel-11734	843	20	usa	usa	PROPN
cjel-11734	843	21	etf	etf	PROPN
cjel-11734	843	22	negative	negative	ADJ
cjel-11734	843	23	/	/	SYM
cjel-11734	843	24	exclusionary	exclusionary	ADJ
cjel-11734	843	25	screening	screening	NOUN
cjel-11734	843	26	and	and	CCONJ
cjel-11734	843	27	esg	esg	NOUN
cjel-11734	843	28	integration	integration	NOUN
cjel-11734	843	29	222	222	NUM
cjel-11734	843	30	.	.	PUNCT
cjel-11734	844	1	enhanced	enhance	VERB
cjel-11734	844	2	disclosures	disclosure	NOUN
cjel-11734	844	3	by	by	ADP
cjel-11734	844	4	certain	certain	ADJ
cjel-11734	844	5	investment	investment	NOUN
cjel-11734	844	6	advisers	adviser	NOUN
cjel-11734	844	7	and	and	CCONJ
cjel-11734	844	8	investment	investment	NOUN
cjel-11734	844	9	companies	company	NOUN
cjel-11734	844	10	about	about	ADP
cjel-11734	844	11	environmental	environmental	ADJ
cjel-11734	844	12	,	,	PUNCT
cjel-11734	844	13	social	social	ADJ
cjel-11734	844	14	,	,	PUNCT
cjel-11734	844	15	and	and	CCONJ
cjel-11734	844	16	governance	governance	NOUN
cjel-11734	844	17	investment	investment	NOUN
cjel-11734	844	18	practices	practice	NOUN
cjel-11734	844	19	,	,	PUNCT
cjel-11734	844	20	87	87	NUM
cjel-11734	844	21	fed	fed	PROPN
cjel-11734	844	22	.	.	PUNCT
cjel-11734	845	1	reg	reg	PROPN
cjel-11734	845	2	.	.	PUNCT
cjel-11734	846	1	36663	36663	NUM
cjel-11734	846	2	(	(	PUNCT
cjel-11734	846	3	june	june	PROPN
cjel-11734	846	4	17	17	NUM
cjel-11734	846	5	,	,	PUNCT
cjel-11734	846	6	2022	2022	NUM
cjel-11734	846	7	)	)	PUNCT
cjel-11734	846	8	(	(	PUNCT
cjel-11734	846	9	to	to	PART
cjel-11734	846	10	be	be	AUX
cjel-11734	846	11	codified	codify	VERB
cjel-11734	846	12	at	at	ADP
cjel-11734	846	13	17	17	NUM
cjel-11734	846	14	c.f.r	c.f.r	NOUN
cjel-11734	846	15	pts	pt	NOUN
cjel-11734	846	16	.	.	PROPN
cjel-11734	846	17	200	200	NUM
cjel-11734	846	18	,	,	PUNCT
cjel-11734	846	19	230	230	NUM
cjel-11734	846	20	,	,	PUNCT
cjel-11734	846	21	232	232	NUM
cjel-11734	846	22	,	,	PUNCT
cjel-11734	846	23	239	239	NUM
cjel-11734	846	24	,	,	PUNCT
cjel-11734	846	25	249	249	NUM
cjel-11734	846	26	,	,	PUNCT
cjel-11734	846	27	274	274	NUM
cjel-11734	846	28	,	,	PUNCT
cjel-11734	846	29	and	and	CCONJ
cjel-11734	846	30	279	279	NUM
cjel-11734	846	31	)	)	PUNCT
cjel-11734	846	32	.	.	PUNCT
cjel-11734	847	1	223	223	NUM
cjel-11734	847	2	.	.	PUNCT
cjel-11734	848	1	on	on	ADP
cjel-11734	848	2	the	the	DET
cjel-11734	848	3	whole	whole	NOUN
cjel-11734	848	4	,	,	PUNCT
cjel-11734	848	5	etf	etf	PROPN
cjel-11734	848	6	esg	esg	PROPN
cjel-11734	848	7	investing	investing	NOUN
cjel-11734	848	8	strategies	strategy	NOUN
cjel-11734	848	9	were	be	AUX
cjel-11734	848	10	easier	easy	ADJ
cjel-11734	848	11	to	to	PART
cjel-11734	848	12	discern	discern	VERB
cjel-11734	848	13	than	than	ADP
cjel-11734	848	14	mutual	mutual	ADJ
cjel-11734	848	15	funds	fund	NOUN
cjel-11734	848	16	.	.	PUNCT
cjel-11734	849	1	this	this	DET
cjel-11734	849	2	phenomenon	phenomenon	NOUN
cjel-11734	849	3	might	might	AUX
cjel-11734	849	4	be	be	AUX
cjel-11734	849	5	explained	explain	VERB
cjel-11734	849	6	by	by	ADP
cjel-11734	849	7	the	the	DET
cjel-11734	849	8	fact	fact	NOUN
cjel-11734	849	9	seven	seven	NUM
cjel-11734	849	10	of	of	ADP
cjel-11734	849	11	the	the	DET
cjel-11734	849	12	ten	ten	NUM
cjel-11734	849	13	sampled	sample	VERB
cjel-11734	849	14	etfs	etfs	NOUN
cjel-11734	849	15	were	be	AUX
cjel-11734	849	16	from	from	ADP
cjel-11734	849	17	the	the	DET
cjel-11734	849	18	same	same	ADJ
cjel-11734	849	19	asset	asset	NOUN
cjel-11734	849	20	manager	manager	NOUN
cjel-11734	849	21	,	,	PUNCT
cjel-11734	849	22	whereas	whereas	SCONJ
cjel-11734	849	23	the	the	DET
cjel-11734	849	24	mutual	mutual	ADJ
cjel-11734	849	25	fund	fund	NOUN
cjel-11734	849	26	sample	sample	NOUN
cjel-11734	849	27	was	be	AUX
cjel-11734	849	28	more	more	ADV
cjel-11734	849	29	varied	varied	ADJ
cjel-11734	849	30	.	.	PUNCT
cjel-11734	850	1	nevertheless	nevertheless	ADV
cjel-11734	850	2	,	,	PUNCT
cjel-11734	850	3	one	one	NUM
cjel-11734	850	4	report	report	NOUN
cjel-11734	850	5	tallied	tally	VERB
cjel-11734	850	6	the	the	DET
cjel-11734	850	7	number	number	NOUN
cjel-11734	850	8	of	of	ADP
cjel-11734	850	9	different	different	ADJ
cjel-11734	850	10	terms	term	NOUN
cjel-11734	850	11	used	use	VERB
cjel-11734	850	12	to	to	PART
cjel-11734	850	13	describe	describe	VERB
cjel-11734	850	14	various	various	ADJ
cjel-11734	850	15	forms	form	NOUN
cjel-11734	850	16	of	of	ADP
cjel-11734	850	17	sustainable	sustainable	ADJ
cjel-11734	850	18	investing	investing	NOUN
cjel-11734	850	19	at	at	ADP
cjel-11734	850	20	nearly	nearly	ADV
cjel-11734	850	21	eighty	eighty	NUM
cjel-11734	850	22	.	.	PUNCT
cjel-11734	851	1	the	the	DET
cjel-11734	851	2	report	report	NOUN
cjel-11734	851	3	emphasized	emphasize	VERB
cjel-11734	851	4	that	that	SCONJ
cjel-11734	851	5	even	even	ADV
cjel-11734	851	6	when	when	SCONJ
cjel-11734	851	7	firms	firm	NOUN
cjel-11734	851	8	provide	provide	VERB
cjel-11734	851	9	explanations	explanation	NOUN
cjel-11734	851	10	,	,	PUNCT
cjel-11734	851	11	having	have	VERB
cjel-11734	851	12	so	so	ADV
cjel-11734	851	13	many	many	ADJ
cjel-11734	851	14	terms	term	NOUN
cjel-11734	851	15	“	"	PUNCT
cjel-11734	851	16	adds	add	VERB
cjel-11734	851	17	a	a	DET
cjel-11734	851	18	layer	layer	NOUN
cjel-11734	851	19	of	of	ADP
cjel-11734	851	20	complexity	complexity	NOUN
cjel-11734	851	21	that	that	PRON
cjel-11734	851	22	may	may	AUX
cjel-11734	851	23	be	be	AUX
cjel-11734	851	24	challenging	challenge	VERB
cjel-11734	851	25	,	,	PUNCT
cjel-11734	851	26	particularly	particularly	ADV
cjel-11734	851	27	for	for	ADP
cjel-11734	851	28	retail	retail	ADJ
cjel-11734	851	29	clients	client	NOUN
cjel-11734	851	30	.	.	PUNCT
cjel-11734	851	31	”	"	PUNCT
cjel-11734	851	32	inst	inst	NOUN
cjel-11734	851	33	.	.	PUNCT
cjel-11734	851	34	int’l	int’l	NUM
cjel-11734	851	35	finance	finance	NOUN
cjel-11734	851	36	,	,	PUNCT
cjel-11734	851	37	iif	iif	PROPN
cjel-11734	851	38	sustainable	sustainable	ADJ
cjel-11734	851	39	finance	finance	NOUN
cjel-11734	851	40	working	working	NOUN
cjel-11734	851	41	group	group	NOUN
cjel-11734	851	42	report	report	NOUN
cjel-11734	851	43	:	:	PUNCT
cjel-11734	851	44	the	the	DET
cjel-11734	851	45	case	case	NOUN
cjel-11734	851	46	for	for	ADP
cjel-11734	851	47	simplifying	simplify	VERB
cjel-11734	851	48	sustainable	sustainable	ADJ
cjel-11734	851	49	investment	investment	NOUN
cjel-11734	851	50	terminology	terminology	NOUN
cjel-11734	851	51	2–3	2–3	NUM
cjel-11734	851	52	(	(	PUNCT
cjel-11734	851	53	oct	oct	PROPN
cjel-11734	851	54	.	.	PROPN
cjel-11734	851	55	2019	2019	NUM
cjel-11734	851	56	)	)	PUNCT
cjel-11734	851	57	.	.	PUNCT
cjel-11734	852	1	224	224	NUM
cjel-11734	852	2	.	.	PUNCT
cjel-11734	853	1	for	for	ADP
cjel-11734	853	2	example	example	NOUN
cjel-11734	853	3	,	,	PUNCT
cjel-11734	853	4	the	the	DET
cjel-11734	853	5	susl	susl	NOUN
cjel-11734	853	6	fund	fund	NOUN
cjel-11734	853	7	did	do	AUX
cjel-11734	853	8	not	not	PART
cjel-11734	853	9	disclose	disclose	VERB
cjel-11734	853	10	it	it	PRON
cjel-11734	853	11	was	be	AUX
cjel-11734	853	12	employing	employ	VERB
cjel-11734	853	13	a	a	DET
cjel-11734	853	14	“	"	PUNCT
cjel-11734	853	15	best	good	ADJ
cjel-11734	853	16	-	-	PUNCT
cjel-11734	853	17	in	in	ADP
cjel-11734	853	18	-	-	PUNCT
cjel-11734	853	19	class	class	NOUN
cjel-11734	853	20	”	"	PUNCT
cjel-11734	853	21	approach	approach	NOUN
cjel-11734	853	22	,	,	PUNCT
cjel-11734	853	23	but	but	CCONJ
cjel-11734	853	24	rather	rather	ADV
cjel-11734	853	25	,	,	PUNCT
cjel-11734	853	26	that	that	SCONJ
cjel-11734	853	27	it	it	PRON
cjel-11734	853	28	selected	select	VERB
cjel-11734	853	29	“	"	PUNCT
cjel-11734	853	30	securities	security	NOUN
cjel-11734	853	31	of	of	ADP
cjel-11734	853	32	midand	midand	NOUN
cjel-11734	853	33	largecapitalization	largecapitalization	NOUN
cjel-11734	853	34	companies	company	NOUN
cjel-11734	853	35	with	with	ADP
cjel-11734	853	36	the	the	DET
cjel-11734	853	37	highest	high	ADJ
cjel-11734	853	38	esg	esg	NOUN
cjel-11734	853	39	ratings	rating	NOUN
cjel-11734	853	40	from	from	ADP
cjel-11734	853	41	each	each	DET
cjel-11734	853	42	sector	sector	NOUN
cjel-11734	853	43	of	of	ADP
cjel-11734	853	44	the	the	DET
cjel-11734	853	45	parent	parent	NOUN
cjel-11734	853	46	index	index	NOUN
cjel-11734	853	47	.	.	PUNCT
cjel-11734	853	48	”	"	PUNCT
cjel-11734	854	1	supra	supra	PROPN
cjel-11734	854	2	note	note	NOUN
cjel-11734	854	3	215	215	NUM
cjel-11734	854	4	.	.	PUNCT
cjel-11734	855	1	456	456	NUM
cjel-11734	855	2	columbia	columbia	PROPN
cjel-11734	855	3	journal	journal	PROPN
cjel-11734	855	4	of	of	ADP
cjel-11734	855	5	environmental	environmental	ADJ
cjel-11734	855	6	law	law	NOUN
cjel-11734	855	7	[	[	X
cjel-11734	855	8	vol.48:2	vol.48:2	NOUN
cjel-11734	855	9	esgd	esgd	VERB
cjel-11734	855	10	ishares	ishare	NOUN
cjel-11734	855	11	esg	esg	PROPN
cjel-11734	855	12	aware	aware	PROPN
cjel-11734	855	13	msci	msci	PROPN
cjel-11734	855	14	eafe	eafe	PROPN
cjel-11734	855	15	etf	etf	NOUN
cjel-11734	855	16	negative	negative	ADJ
cjel-11734	855	17	/	/	SYM
cjel-11734	855	18	exclusionary	exclusionary	ADJ
cjel-11734	855	19	screening	screening	NOUN
cjel-11734	855	20	and	and	CCONJ
cjel-11734	855	21	esg	esg	NOUN
cjel-11734	855	22	integration	integration	NOUN
cjel-11734	855	23	esgv	esgv	PROPN
cjel-11734	855	24	vanguard	vanguard	PROPN
cjel-11734	855	25	esg	esg	PROPN
cjel-11734	855	26	u.s	u.s	PROPN
cjel-11734	855	27	.	.	PROPN
cjel-11734	855	28	stock	stock	PROPN
cjel-11734	855	29	etf	etf	PROPN
cjel-11734	855	30	negative	negative	ADJ
cjel-11734	855	31	/	/	SYM
cjel-11734	855	32	exclusionary	exclusionary	ADJ
cjel-11734	855	33	screening	screening	NOUN
cjel-11734	855	34	and	and	CCONJ
cjel-11734	855	35	normsbased	normsbase	VERB
cjel-11734	855	36	screening	screen	VERB
cjel-11734	855	37	esge	esge	PROPN
cjel-11734	855	38	ishares	ishares	PROPN
cjel-11734	855	39	esg	esg	PROPN
cjel-11734	855	40	aware	aware	ADJ
cjel-11734	855	41	msci	msci	PROPN
cjel-11734	855	42	em	em	PROPN
cjel-11734	855	43	etf	etf	NOUN
cjel-11734	855	44	negative	negative	ADJ
cjel-11734	855	45	/	/	SYM
cjel-11734	855	46	exclusionary	exclusionary	ADJ
cjel-11734	855	47	screening	screening	NOUN
cjel-11734	855	48	and	and	CCONJ
cjel-11734	855	49	esg	esg	NOUN
cjel-11734	855	50	integration	integration	NOUN
cjel-11734	855	51	dsi	dsi	PROPN
cjel-11734	855	52	ishares	ishares	PROPN
cjel-11734	855	53	msci	msci	PROPN
cjel-11734	855	54	kld	kld	PROPN
cjel-11734	855	55	400	400	NUM
cjel-11734	855	56	social	social	ADJ
cjel-11734	855	57	etf	etf	NOUN
cjel-11734	855	58	negative	negative	ADJ
cjel-11734	855	59	/	/	SYM
cjel-11734	855	60	exclusionary	exclusionary	ADJ
cjel-11734	855	61	screening	screening	NOUN
cjel-11734	855	62	and	and	CCONJ
cjel-11734	855	63	esg	esg	NOUN
cjel-11734	855	64	integration	integration	NOUN
cjel-11734	855	65	vsgx	vsgx	PROPN
cjel-11734	855	66	vanguard	vanguard	PROPN
cjel-11734	855	67	esg	esg	PROPN
cjel-11734	855	68	international	international	PROPN
cjel-11734	855	69	stock	stock	PROPN
cjel-11734	855	70	etf	etf	PROPN
cjel-11734	855	71	summary	summary	NOUN
cjel-11734	855	72	prospectus	prospectus	NOUN
cjel-11734	855	73	negative	negative	ADJ
cjel-11734	855	74	/	/	SYM
cjel-11734	855	75	exclusionary	exclusionary	ADJ
cjel-11734	855	76	screening	screening	NOUN
cjel-11734	855	77	susa	susa	NOUN
cjel-11734	855	78	ishares	ishares	PROPN
cjel-11734	855	79	msci	msci	PROPN
cjel-11734	855	80	usa	usa	PROPN
cjel-11734	855	81	esg	esg	PROPN
cjel-11734	855	82	select	select	PROPN
cjel-11734	855	83	etf	etf	NOUN
cjel-11734	855	84	negative	negative	ADJ
cjel-11734	855	85	/	/	SYM
cjel-11734	855	86	exclusionary	exclusionary	ADJ
cjel-11734	855	87	screening	screening	NOUN
cjel-11734	855	88	and	and	CCONJ
cjel-11734	855	89	esg	esg	NOUN
cjel-11734	855	90	integration	integration	NOUN
cjel-11734	855	91	ussg	ussg	ADJ
cjel-11734	855	92	xtrackers	xtrackers	PROPN
cjel-11734	855	93	msci	msci	PROPN
cjel-11734	855	94	usa	usa	PROPN
cjel-11734	855	95	esg	esg	PROPN
cjel-11734	855	96	leaders	leaders	PROPN
cjel-11734	855	97	equity	equity	PROPN
cjel-11734	855	98	etf	etf	PROPN
cjel-11734	855	99	negative	negative	ADJ
cjel-11734	855	100	/	/	SYM
cjel-11734	855	101	exclusionary	exclusionary	ADJ
cjel-11734	855	102	screening	screening	NOUN
cjel-11734	855	103	and	and	CCONJ
cjel-11734	855	104	esg	esg	NOUN
cjel-11734	855	105	integration	integration	NOUN
cjel-11734	855	106	susl	susl	PROPN
cjel-11734	855	107	ishares	ishares	PROPN
cjel-11734	855	108	esg	esg	PROPN
cjel-11734	855	109	aware	aware	ADJ
cjel-11734	855	110	msci	msci	PROPN
cjel-11734	855	111	usa	usa	PROPN
cjel-11734	855	112	leaders	leaders	PROPN
cjel-11734	855	113	etf	etf	PROPN
cjel-11734	855	114	negative	negative	ADJ
cjel-11734	855	115	/	/	SYM
cjel-11734	855	116	exclusionary	exclusionary	ADJ
cjel-11734	855	117	screening	screening	NOUN
cjel-11734	855	118	and	and	CCONJ
cjel-11734	855	119	positive/	positive/	NUM
cjel-11734	855	120	best	good	ADJ
cjel-11734	855	121	-	-	PUNCT
cjel-11734	855	122	in	in	ADP
cjel-11734	855	123	-	-	PUNCT
cjel-11734	855	124	class	class	NOUN
cjel-11734	855	125	screening	screening	NOUN
cjel-11734	855	126	eagg	eagg	PROPN
cjel-11734	855	127	ishares	ishares	PROPN
cjel-11734	855	128	esg	esg	PROPN
cjel-11734	855	129	aware	aware	ADJ
cjel-11734	855	130	u.s	u.s	PROPN
cjel-11734	855	131	.	.	PROPN
cjel-11734	855	132	aggregate	aggregate	ADJ
cjel-11734	855	133	bond	bond	NOUN
cjel-11734	855	134	etf	etf	NOUN
cjel-11734	855	135	negative	negative	ADJ
cjel-11734	855	136	/	/	SYM
cjel-11734	855	137	exclusionary	exclusionary	ADJ
cjel-11734	855	138	screening	screening	NOUN
cjel-11734	855	139	and	and	CCONJ
cjel-11734	855	140	esg	esg	NOUN
cjel-11734	855	141	integration	integration	NOUN
cjel-11734	855	142	table	table	NOUN
cjel-11734	855	143	6	6	NUM
cjel-11734	855	144	:	:	PUNCT
cjel-11734	855	145	esg	esg	PROPN
cjel-11734	855	146	mutual	mutual	ADJ
cjel-11734	855	147	funds	fund	NOUN
cjel-11734	855	148	esg	esg	NOUN
cjel-11734	855	149	investing	investing	NOUN
cjel-11734	855	150	strategies	strategy	NOUN
cjel-11734	855	151	ticker	ticker	PROPN
cjel-11734	855	152	full	full	ADJ
cjel-11734	855	153	name	name	NOUN
cjel-11734	855	154	esg	esg	NOUN
cjel-11734	855	155	investing	investing	NOUN
cjel-11734	855	156	strategies	strategy	NOUN
cjel-11734	855	157	prblx	prblx	PROPN
cjel-11734	855	158	parnassus	parnassus	PROPN
cjel-11734	855	159	core	core	PROPN
cjel-11734	855	160	equity	equity	PROPN
cjel-11734	855	161	fund	fund	PROPN
cjel-11734	855	162	negative	negative	ADJ
cjel-11734	855	163	/	/	SYM
cjel-11734	855	164	exclusionary	exclusionary	ADJ
cjel-11734	855	165	screening	screening	NOUN
cjel-11734	855	166	(	(	PUNCT
cjel-11734	855	167	solely	solely	ADV
cjel-11734	855	168	from	from	ADP
cjel-11734	855	169	“	"	PUNCT
cjel-11734	855	170	e	e	NOUN
cjel-11734	855	171	”	"	PUNCT
cjel-11734	855	172	)	)	PUNCT
cjel-11734	855	173	and	and	CCONJ
cjel-11734	855	174	esg	esg	NOUN
cjel-11734	855	175	integration	integration	NOUN
cjel-11734	855	176	vftax	vftax	PROPN
cjel-11734	855	177	vanguard	vanguard	PROPN
cjel-11734	855	178	ftse	ftse	PROPN
cjel-11734	855	179	social	social	PROPN
cjel-11734	855	180	index	index	NOUN
cjel-11734	855	181	fund	fund	NOUN
cjel-11734	855	182	negative	negative	ADJ
cjel-11734	855	183	/	/	SYM
cjel-11734	855	184	exclusionary	exclusionary	ADJ
cjel-11734	855	185	screening	screening	NOUN
cjel-11734	855	186	and	and	CCONJ
cjel-11734	855	187	esg	esg	NOUN
cjel-11734	855	188	integration	integration	NOUN
cjel-11734	855	189	2023	2023	NUM
cjel-11734	855	190	]	]	PUNCT
cjel-11734	855	191	green	green	ADJ
cjel-11734	855	192	funds	fund	NOUN
cjel-11734	855	193	in	in	ADP
cjel-11734	855	194	a	a	DET
cjel-11734	855	195	gray	gray	ADJ
cjel-11734	855	196	area	area	NOUN
cjel-11734	855	197	457	457	NUM
cjel-11734	855	198	piodx	piodx	NOUN
cjel-11734	855	199	pioneer	pioneer	PROPN
cjel-11734	855	200	core	core	PROPN
cjel-11734	855	201	equity	equity	PROPN
cjel-11734	855	202	fund	fund	PROPN
cjel-11734	855	203	esg	esg	PROPN
cjel-11734	855	204	integration225	integration225	PROPN
cjel-11734	855	205	parmx	parmx	NOUN
cjel-11734	855	206	parnassus	parnassus	PROPN
cjel-11734	855	207	mid	mid	PROPN
cjel-11734	855	208	cap	cap	PROPN
cjel-11734	855	209	fund	fund	NOUN
cjel-11734	855	210	negative	negative	ADJ
cjel-11734	855	211	/	/	SYM
cjel-11734	855	212	exclusionary	exclusionary	ADJ
cjel-11734	855	213	screening	screening	NOUN
cjel-11734	855	214	(	(	PUNCT
cjel-11734	855	215	solely	solely	ADV
cjel-11734	855	216	from	from	ADP
cjel-11734	855	217	“	"	PUNCT
cjel-11734	855	218	e	e	NOUN
cjel-11734	855	219	”	"	PUNCT
cjel-11734	855	220	)	)	PUNCT
cjel-11734	855	221	and	and	CCONJ
cjel-11734	855	222	esg	esg	NOUN
cjel-11734	855	223	integration	integration	NOUN
cjel-11734	855	224	bafwx	bafwx	NOUN
cjel-11734	855	225	brown	brown	ADJ
cjel-11734	855	226	advisory	advisory	ADJ
cjel-11734	855	227	sustainable	sustainable	ADJ
cjel-11734	855	228	growth	growth	NOUN
cjel-11734	855	229	fund	fund	NOUN
cjel-11734	855	230	best	well	ADV
cjel-11734	855	231	-	-	PUNCT
cjel-11734	855	232	in	in	ADP
cjel-11734	855	233	-	-	PUNCT
cjel-11734	855	234	class	class	NOUN
cjel-11734	855	235	screening	screening	NOUN
cjel-11734	855	236	,	,	PUNCT
cjel-11734	855	237	negative	negative	ADJ
cjel-11734	855	238	/	/	SYM
cjel-11734	855	239	exclusionary	exclusionary	ADJ
cjel-11734	855	240	screening	screening	NOUN
cjel-11734	855	241	,	,	PUNCT
cjel-11734	855	242	and	and	CCONJ
cjel-11734	855	243	esg	esg	NOUN
cjel-11734	855	244	integration	integration	NOUN
cjel-11734	855	245	trpsx	trpsx	PROPN
cjel-11734	855	246	tiaa	tiaa	ADJ
cjel-11734	855	247	-	-	PUNCT
cjel-11734	855	248	cref	cref	NOUN
cjel-11734	855	249	social	social	ADJ
cjel-11734	855	250	choice	choice	NOUN
cjel-11734	855	251	equity	equity	PROPN
cjel-11734	855	252	fund	fund	PROPN
cjel-11734	855	253	esg	esg	PROPN
cjel-11734	855	254	integration	integration	NOUN
cjel-11734	855	255	tsbix	tsbix	NOUN
cjel-11734	855	256	tiaa	tiaa	ADJ
cjel-11734	855	257	-	-	PUNCT
cjel-11734	855	258	cref	cref	NOUN
cjel-11734	855	259	core	core	NOUN
cjel-11734	855	260	impact	impact	NOUN
cjel-11734	855	261	bond	bond	NOUN
cjel-11734	855	262	fund	fund	NOUN
cjel-11734	855	263	best	well	ADV
cjel-11734	855	264	-	-	PUNCT
cjel-11734	855	265	in	in	ADP
cjel-11734	855	266	-	-	PUNCT
cjel-11734	855	267	class	class	NOUN
cjel-11734	855	268	screening	screening	NOUN
cjel-11734	855	269	(	(	PUNCT
cjel-11734	855	270	with	with	ADP
cjel-11734	855	271	a	a	DET
cjel-11734	855	272	focus	focus	NOUN
cjel-11734	855	273	on	on	ADP
cjel-11734	855	274	“	"	PUNCT
cjel-11734	855	275	e	e	NOUN
cjel-11734	855	276	”	"	PUNCT
cjel-11734	855	277	and	and	CCONJ
cjel-11734	855	278	“	"	PUNCT
cjel-11734	855	279	s	s	X
cjel-11734	855	280	”	"	PUNCT
cjel-11734	855	281	)	)	PUNCT
cjel-11734	855	282	semvx	semvx	PROPN
cjel-11734	855	283	hartford	hartford	PROPN
cjel-11734	855	284	schroders	schroder	VERB
cjel-11734	855	285	emerging	emerge	VERB
cjel-11734	855	286	markets	market	NOUN
cjel-11734	855	287	equity	equity	PROPN
cjel-11734	855	288	fund	fund	PROPN
cjel-11734	855	289	esg	esg	PROPN
cjel-11734	855	290	integration	integration	PROPN
cjel-11734	855	291	pnopx	pnopx	PROPN
cjel-11734	855	292	putnam	putnam	PROPN
cjel-11734	855	293	sustainable	sustainable	ADJ
cjel-11734	855	294	leaders	leader	NOUN
cjel-11734	855	295	fund	fund	VERB
cjel-11734	855	296	esg	esg	NOUN
cjel-11734	855	297	integration	integration	NOUN
cjel-11734	855	298	and	and	CCONJ
cjel-11734	855	299	bestin	bestin	NOUN
cjel-11734	855	300	-	-	PUNCT
cjel-11734	855	301	class	class	NOUN
cjel-11734	855	302	screening	screening	NOUN
cjel-11734	855	303	mggpx	mggpx	VERB
cjel-11734	855	304	the	the	DET
cjel-11734	855	305	global	global	ADJ
cjel-11734	855	306	opportunity	opportunity	NOUN
cjel-11734	855	307	portfolio	portfolio	NOUN
cjel-11734	855	308	esg	esg	NOUN
cjel-11734	855	309	integration	integration	NOUN
cjel-11734	855	310	of	of	ADP
cjel-11734	855	311	the	the	DET
cjel-11734	855	312	seven	seven	NUM
cjel-11734	855	313	esg	esg	NOUN
cjel-11734	855	314	investment	investment	NOUN
cjel-11734	855	315	strategies	strategy	NOUN
cjel-11734	855	316	referenced	reference	VERB
cjel-11734	855	317	,	,	PUNCT
cjel-11734	855	318	supra	supra	ADJ
cjel-11734	855	319	section	section	NOUN
cjel-11734	855	320	ii(a)(3),226	ii(a)(3),226	ADP
cjel-11734	855	321	the	the	DET
cjel-11734	855	322	top	top	ADJ
cjel-11734	855	323	funds	fund	NOUN
cjel-11734	855	324	typically	typically	ADV
cjel-11734	855	325	employed	employ	VERB
cjel-11734	855	326	just	just	ADV
cjel-11734	855	327	a	a	DET
cjel-11734	855	328	few	few	ADJ
cjel-11734	855	329	.	.	PUNCT
cjel-11734	856	1	the	the	DET
cjel-11734	856	2	two	two	NUM
cjel-11734	856	3	most	most	ADV
cjel-11734	856	4	popular	popular	ADJ
cjel-11734	856	5	were	be	AUX
cjel-11734	856	6	esg	esg	NOUN
cjel-11734	856	7	integration	integration	NOUN
cjel-11734	856	8	and	and	CCONJ
cjel-11734	856	9	negative	negative	ADJ
cjel-11734	856	10	/	/	SYM
cjel-11734	856	11	exclusionary	exclusionary	ADJ
cjel-11734	856	12	investing.227	investing.227	PROPN
cjel-11734	856	13	the	the	DET
cjel-11734	856	14	majority	majority	NOUN
cjel-11734	856	15	of	of	ADP
cjel-11734	856	16	etfs	etfs	PROPN
cjel-11734	856	17	(	(	PUNCT
cjel-11734	856	18	seven	seven	NUM
cjel-11734	856	19	of	of	ADP
cjel-11734	856	20	ten	ten	NUM
cjel-11734	856	21	)	)	PUNCT
cjel-11734	856	22	applied	apply	VERB
cjel-11734	856	23	exclusionary	exclusionary	ADJ
cjel-11734	856	24	and	and	CCONJ
cjel-11734	856	25	esg	esg	NOUN
cjel-11734	856	26	integration	integration	NOUN
cjel-11734	856	27	approaches	approach	VERB
cjel-11734	856	28	where	where	SCONJ
cjel-11734	856	29	the	the	DET
cjel-11734	856	30	exclusions	exclusion	NOUN
cjel-11734	856	31	were	be	AUX
cjel-11734	856	32	absolute.228	absolute.228	PROPN
cjel-11734	856	33	while	while	SCONJ
cjel-11734	856	34	some	some	DET
cjel-11734	856	35	mutual	mutual	ADJ
cjel-11734	856	36	funds	fund	NOUN
cjel-11734	856	37	also	also	ADV
cjel-11734	856	38	utilized	utilize	VERB
cjel-11734	856	39	exclusionary	exclusionary	ADJ
cjel-11734	856	40	225	225	NUM
cjel-11734	856	41	.	.	PUNCT
cjel-11734	857	1	the	the	DET
cjel-11734	857	2	fund	fund	NOUN
cjel-11734	857	3	’s	’s	PART
cjel-11734	857	4	prospectus	prospectus	NOUN
cjel-11734	857	5	explicitly	explicitly	ADV
cjel-11734	857	6	says	say	VERB
cjel-11734	857	7	,	,	PUNCT
cjel-11734	857	8	“	"	PUNCT
cjel-11734	857	9	esg	esg	NOUN
cjel-11734	857	10	considerations	consideration	NOUN
cjel-11734	857	11	are	be	AUX
cjel-11734	857	12	not	not	PART
cjel-11734	857	13	a	a	DET
cjel-11734	857	14	primary	primary	ADJ
cjel-11734	857	15	focus	focus	NOUN
cjel-11734	857	16	of	of	ADP
cjel-11734	857	17	the	the	DET
cjel-11734	857	18	fund	fund	NOUN
cjel-11734	857	19	,	,	PUNCT
cjel-11734	857	20	and	and	CCONJ
cjel-11734	857	21	the	the	DET
cjel-11734	857	22	weight	weight	NOUN
cjel-11734	857	23	given	give	VERB
cjel-11734	857	24	by	by	ADP
cjel-11734	857	25	the	the	DET
cjel-11734	857	26	adviser	adviser	NOUN
cjel-11734	857	27	to	to	ADP
cjel-11734	857	28	esg	esg	PROPN
cjel-11734	857	29	considerations	consideration	NOUN
cjel-11734	857	30	in	in	ADP
cjel-11734	857	31	making	make	VERB
cjel-11734	857	32	investment	investment	NOUN
cjel-11734	857	33	decisions	decision	NOUN
cjel-11734	857	34	will	will	AUX
cjel-11734	857	35	vary	vary	VERB
cjel-11734	857	36	and	and	CCONJ
cjel-11734	857	37	,	,	PUNCT
cjel-11734	857	38	for	for	ADP
cjel-11734	857	39	any	any	DET
cjel-11734	857	40	specific	specific	ADJ
cjel-11734	857	41	decision	decision	NOUN
cjel-11734	857	42	,	,	PUNCT
cjel-11734	857	43	they	they	PRON
cjel-11734	857	44	may	may	AUX
cjel-11734	857	45	be	be	AUX
cjel-11734	857	46	given	give	VERB
cjel-11734	857	47	little	little	ADJ
cjel-11734	857	48	or	or	CCONJ
cjel-11734	857	49	no	no	PRON
cjel-11734	857	50	weight	weight	NOUN
cjel-11734	857	51	.	.	PUNCT
cjel-11734	857	52	”	"	PUNCT
cjel-11734	858	1	pioneer	pioneer	PROPN
cjel-11734	858	2	core	core	PROPN
cjel-11734	858	3	equity	equity	PROPN
cjel-11734	858	4	fund	fund	PROPN
cjel-11734	858	5	,	,	PUNCT
cjel-11734	858	6	summary	summary	NOUN
cjel-11734	858	7	prospectus	prospectus	NOUN
cjel-11734	858	8	5	5	NUM
cjel-11734	858	9	(	(	PUNCT
cjel-11734	858	10	2021	2021	NUM
cjel-11734	858	11	)	)	PUNCT
cjel-11734	858	12	(	(	PUNCT
cjel-11734	858	13	emphasis	emphasis	NOUN
cjel-11734	858	14	added	add	VERB
cjel-11734	858	15	)	)	PUNCT
cjel-11734	858	16	.	.	PUNCT
cjel-11734	859	1	226	226	NUM
cjel-11734	859	2	.	.	PUNCT
cjel-11734	859	3	glob	glob	NOUN
cjel-11734	859	4	.	.	PUNCT
cjel-11734	860	1	sustainable	sustainable	ADJ
cjel-11734	860	2	inv	inv	NOUN
cjel-11734	860	3	.	.	PUNCT
cjel-11734	861	1	all	all	PRON
cjel-11734	861	2	.	.	PUNCT
cjel-11734	861	3	,	,	PUNCT
cjel-11734	861	4	supra	supra	PROPN
cjel-11734	861	5	note	note	PROPN
cjel-11734	861	6	86	86	NUM
cjel-11734	861	7	;	;	PUNCT
cjel-11734	861	8	kishan	kishan	PROPN
cjel-11734	861	9	,	,	PUNCT
cjel-11734	861	10	supra	supra	PROPN
cjel-11734	861	11	note	note	PROPN
cjel-11734	861	12	50	50	NUM
cjel-11734	861	13	;	;	PUNCT
cjel-11734	861	14	kerver	kerver	PROPN
cjel-11734	861	15	&	&	CCONJ
cjel-11734	861	16	jessop	jessop	PROPN
cjel-11734	861	17	,	,	PUNCT
cjel-11734	861	18	supra	supra	PROPN
cjel-11734	861	19	note	note	PROPN
cjel-11734	861	20	67	67	NUM
cjel-11734	861	21	;	;	PUNCT
cjel-11734	862	1	baker	baker	PROPN
cjel-11734	862	2	,	,	PUNCT
cjel-11734	862	3	supra	supra	PROPN
cjel-11734	862	4	note	note	PROPN
cjel-11734	862	5	68	68	NUM
cjel-11734	862	6	;	;	PUNCT
cjel-11734	862	7	hale	hale	PROPN
cjel-11734	862	8	,	,	PUNCT
cjel-11734	862	9	supra	supra	PROPN
cjel-11734	862	10	note	note	NOUN
cjel-11734	862	11	71	71	NUM
cjel-11734	862	12	.	.	PUNCT
cjel-11734	863	1	227	227	NUM
cjel-11734	863	2	.	.	PUNCT
cjel-11734	864	1	esg	esg	PROPN
cjel-11734	864	2	mutual	mutual	ADJ
cjel-11734	864	3	fund	fund	NOUN
cjel-11734	864	4	and	and	CCONJ
cjel-11734	864	5	etf	etf	NOUN
cjel-11734	864	6	note	note	NOUN
cjel-11734	864	7	data	datum	NOUN
cjel-11734	864	8	(	(	PUNCT
cjel-11734	864	9	on	on	ADP
cjel-11734	864	10	file	file	NOUN
cjel-11734	864	11	with	with	ADP
cjel-11734	864	12	author	author	NOUN
cjel-11734	864	13	)	)	PUNCT
cjel-11734	864	14	.	.	PUNCT
cjel-11734	865	1	228	228	NUM
cjel-11734	865	2	.	.	PUNCT
cjel-11734	866	1	i.e.	i.e.	X
cjel-11734	866	2	,	,	PUNCT
cjel-11734	866	3	the	the	DET
cjel-11734	866	4	funds	fund	NOUN
cjel-11734	866	5	entirely	entirely	ADV
cjel-11734	866	6	excluded	exclude	VERB
cjel-11734	866	7	securities	security	NOUN
cjel-11734	866	8	in	in	ADP
cjel-11734	866	9	specific	specific	ADJ
cjel-11734	866	10	industries	industry	NOUN
cjel-11734	866	11	.	.	PUNCT
cjel-11734	867	1	yet	yet	ADV
cjel-11734	867	2	,	,	PUNCT
cjel-11734	867	3	as	as	ADV
cjel-11734	867	4	recently	recently	ADV
cjel-11734	867	5	as	as	ADP
cjel-11734	867	6	2019	2019	NUM
cjel-11734	867	7	,	,	PUNCT
cjel-11734	867	8	eight	eight	NUM
cjel-11734	867	9	of	of	ADP
cjel-11734	867	10	the	the	DET
cjel-11734	867	11	ten	ten	NUM
cjel-11734	867	12	biggest	big	ADJ
cjel-11734	867	13	u.s	u.s	PROPN
cjel-11734	867	14	.	.	PROPN
cjel-11734	867	15	esg	esg	PROPN
cjel-11734	867	16	funds	fund	NOUN
cjel-11734	867	17	were	be	AUX
cjel-11734	867	18	invested	invest	VERB
cjel-11734	867	19	in	in	ADP
cjel-11734	867	20	oil	oil	NOUN
cjel-11734	867	21	-	-	PUNCT
cjel-11734	867	22	and	and	CCONJ
cjel-11734	867	23	-	-	PUNCT
cjel-11734	867	24	gas	gas	NOUN
cjel-11734	867	25	companies	company	NOUN
cjel-11734	867	26	,	,	PUNCT
cjel-11734	867	27	including	include	VERB
cjel-11734	867	28	the	the	DET
cjel-11734	867	29	ishares	ishares	PROPN
cjel-11734	867	30	esg	esg	PROPN
cjel-11734	867	31	msci	msci	PROPN
cjel-11734	867	32	usa	usa	PROPN
cjel-11734	867	33	etf	etf	PROPN
cjel-11734	867	34	and	and	CCONJ
cjel-11734	867	35	vanguard	vanguard	PROPN
cjel-11734	867	36	’s	’s	PART
cjel-11734	867	37	ftse	ftse	PROPN
cjel-11734	867	38	social	social	PROPN
cjel-11734	867	39	index	index	NOUN
cjel-11734	867	40	fund	fund	NOUN
cjel-11734	867	41	.	.	PUNCT
cjel-11734	868	1	akane	akane	NOUN
cjel-11734	868	2	otani	otani	PROPN
cjel-11734	868	3	,	,	PUNCT
cjel-11734	868	4	esg	esg	PROPN
cjel-11734	868	5	funds	fund	NOUN
cjel-11734	868	6	enjoy	enjoy	VERB
cjel-11734	868	7	record	record	NOUN
cjel-11734	868	8	inflows	inflow	NOUN
cjel-11734	868	9	,	,	PUNCT
cjel-11734	868	10	still	still	ADV
cjel-11734	868	11	back	back	VERB
cjel-11734	868	12	big	big	ADJ
cjel-11734	868	13	oil	oil	NOUN
cjel-11734	868	14	and	and	CCONJ
cjel-11734	868	15	gas	gas	NOUN
cjel-11734	868	16	,	,	PUNCT
cjel-11734	868	17	wall	wall	PROPN
cjel-11734	868	18	st	st	PROPN
cjel-11734	868	19	.	.	PROPN
cjel-11734	868	20	j.	j.	PROPN
cjel-11734	868	21	(	(	PUNCT
cjel-11734	868	22	nov	nov	PROPN
cjel-11734	868	23	.	.	PROPN
cjel-11734	868	24	11	11	NUM
cjel-11734	868	25	,	,	PUNCT
cjel-11734	868	26	2019	2019	NUM
cjel-11734	868	27	)	)	PUNCT
cjel-11734	868	28	,	,	PUNCT
cjel-11734	868	29	458	458	NUM
cjel-11734	868	30	columbia	columbia	PROPN
cjel-11734	868	31	journal	journal	PROPN
cjel-11734	868	32	of	of	ADP
cjel-11734	868	33	environmental	environmental	ADJ
cjel-11734	868	34	law	law	NOUN
cjel-11734	868	35	[	[	X
cjel-11734	868	36	vol.48:2	vol.48:2	NOUN
cjel-11734	868	37	strategies	strategy	NOUN
cjel-11734	868	38	,	,	PUNCT
cjel-11734	868	39	weakened	weaken	VERB
cjel-11734	868	40	disclosure	disclosure	NOUN
cjel-11734	868	41	language	language	NOUN
cjel-11734	868	42	,	,	PUNCT
cjel-11734	868	43	such	such	ADJ
cjel-11734	868	44	as	as	ADP
cjel-11734	868	45	the	the	DET
cjel-11734	868	46	addition	addition	NOUN
cjel-11734	868	47	of	of	ADP
cjel-11734	868	48	the	the	DET
cjel-11734	868	49	qualifier	qualifier	NOUN
cjel-11734	868	50	“	"	PUNCT
cjel-11734	868	51	generally	generally	ADV
cjel-11734	868	52	,	,	PUNCT
cjel-11734	868	53	”	"	PUNCT
cjel-11734	868	54	made	make	VERB
cjel-11734	868	55	the	the	DET
cjel-11734	868	56	strategy	strategy	NOUN
cjel-11734	868	57	appear	appear	VERB
cjel-11734	868	58	more	more	ADV
cjel-11734	868	59	like	like	ADP
cjel-11734	868	60	an	an	DET
cjel-11734	868	61	aspirational	aspirational	ADJ
cjel-11734	868	62	guideline	guideline	NOUN
cjel-11734	868	63	than	than	ADP
cjel-11734	868	64	a	a	DET
cjel-11734	868	65	mandate.229	mandate.229	NOUN
cjel-11734	868	66	furthermore	furthermore	ADV
cjel-11734	868	67	,	,	PUNCT
cjel-11734	868	68	the	the	DET
cjel-11734	868	69	manner	manner	NOUN
cjel-11734	868	70	in	in	ADP
cjel-11734	868	71	which	which	PRON
cjel-11734	868	72	funds	fund	NOUN
cjel-11734	868	73	described	describe	VERB
cjel-11734	868	74	their	their	PRON
cjel-11734	868	75	specific	specific	ADJ
cjel-11734	868	76	exclusionary	exclusionary	ADJ
cjel-11734	868	77	criteria	criterion	NOUN
cjel-11734	868	78	varied	vary	VERB
cjel-11734	868	79	significantly	significantly	ADV
cjel-11734	868	80	depending	depend	VERB
cjel-11734	868	81	on	on	ADP
cjel-11734	868	82	the	the	DET
cjel-11734	868	83	funds	fund	NOUN
cjel-11734	868	84	’	'	PUNCT
cjel-11734	868	85	specific	specific	ADJ
cjel-11734	868	86	objectives	objective	NOUN
cjel-11734	868	87	and	and	CCONJ
cjel-11734	868	88	different	different	ADJ
cjel-11734	868	89	benchmark	benchmark	NOUN
cjel-11734	868	90	indexes	index	NOUN
cjel-11734	868	91	,	,	PUNCT
cjel-11734	868	92	making	make	VERB
cjel-11734	868	93	it	it	PRON
cjel-11734	868	94	difficult	difficult	ADJ
cjel-11734	868	95	to	to	PART
cjel-11734	868	96	meaningfully	meaningfully	ADV
cjel-11734	868	97	compare	compare	VERB
cjel-11734	868	98	strategies	strategy	NOUN
cjel-11734	868	99	across	across	ADP
cjel-11734	868	100	funds	fund	NOUN
cjel-11734	868	101	.	.	PUNCT
cjel-11734	869	1	the	the	DET
cjel-11734	869	2	different	different	ADJ
cjel-11734	869	3	approaches	approach	NOUN
cjel-11734	869	4	seen	see	VERB
cjel-11734	869	5	within	within	ADP
cjel-11734	869	6	the	the	DET
cjel-11734	869	7	negative	negative	ADJ
cjel-11734	869	8	/	/	SYM
cjel-11734	869	9	exclusionary	exclusionary	ADJ
cjel-11734	869	10	investing	investing	NOUN
cjel-11734	869	11	category	category	NOUN
cjel-11734	869	12	are	be	AUX
cjel-11734	869	13	another	another	DET
cjel-11734	869	14	example	example	NOUN
cjel-11734	869	15	of	of	ADP
cjel-11734	869	16	why	why	SCONJ
cjel-11734	869	17	additional	additional	ADJ
cjel-11734	869	18	regulation	regulation	NOUN
cjel-11734	869	19	is	be	AUX
cjel-11734	869	20	required	require	VERB
cjel-11734	869	21	to	to	PART
cjel-11734	869	22	help	help	VERB
cjel-11734	869	23	investors	investor	NOUN
cjel-11734	869	24	distinguish	distinguish	VERB
cjel-11734	869	25	between	between	ADP
cjel-11734	869	26	ostensibly	ostensibly	ADV
cjel-11734	869	27	similar	similar	ADJ
cjel-11734	869	28	funds	fund	NOUN
cjel-11734	869	29	,	,	PUNCT
cjel-11734	869	30	and	and	CCONJ
cjel-11734	869	31	a	a	DET
cjel-11734	869	32	potential	potential	ADJ
cjel-11734	869	33	issue	issue	NOUN
cjel-11734	869	34	that	that	PRON
cjel-11734	869	35	might	might	AUX
cjel-11734	869	36	arise	arise	VERB
cjel-11734	869	37	under	under	ADP
cjel-11734	869	38	the	the	DET
cjel-11734	869	39	sec	sec	PROPN
cjel-11734	869	40	’s	’s	PART
cjel-11734	869	41	proposed	propose	VERB
cjel-11734	869	42	taxonomy	taxonomy	NOUN
cjel-11734	869	43	when	when	SCONJ
cjel-11734	869	44	funds	fund	NOUN
cjel-11734	869	45	are	be	AUX
cjel-11734	869	46	broadly	broadly	ADV
cjel-11734	869	47	labeled	label	VERB
cjel-11734	869	48	as	as	ADP
cjel-11734	869	49	integration	integration	NOUN
cjel-11734	869	50	or	or	CCONJ
cjel-11734	869	51	esg	esg	PROPN
cjel-11734	869	52	-	-	PUNCT
cjel-11734	869	53	focused	focus	VERB
cjel-11734	869	54	funds	fund	NOUN
cjel-11734	869	55	.	.	PUNCT
cjel-11734	870	1	the	the	DET
cjel-11734	870	2	strategies	strategy	NOUN
cjel-11734	870	3	employed	employ	VERB
cjel-11734	870	4	by	by	ADP
cjel-11734	870	5	mutual	mutual	ADJ
cjel-11734	870	6	funds	fund	NOUN
cjel-11734	870	7	and	and	CCONJ
cjel-11734	870	8	etfs	etfs	PROPN
cjel-11734	870	9	suggests	suggest	VERB
cjel-11734	870	10	the	the	DET
cjel-11734	870	11	two	two	NUM
cjel-11734	870	12	groups	group	NOUN
cjel-11734	870	13	have	have	VERB
cjel-11734	870	14	different	different	ADJ
cjel-11734	870	15	philosophies	philosophy	NOUN
cjel-11734	870	16	on	on	ADP
cjel-11734	870	17	the	the	DET
cjel-11734	870	18	role	role	NOUN
cjel-11734	870	19	that	that	PRON
cjel-11734	870	20	esg	esg	PROPN
cjel-11734	870	21	investing	invest	VERB
cjel-11734	870	22	plays	play	VERB
cjel-11734	870	23	in	in	ADP
cjel-11734	870	24	their	their	PRON
cjel-11734	870	25	respective	respective	ADJ
cjel-11734	870	26	funds	fund	NOUN
cjel-11734	870	27	.	.	PUNCT
cjel-11734	871	1	mutual	mutual	ADJ
cjel-11734	871	2	funds	fund	NOUN
cjel-11734	871	3	tended	tend	VERB
cjel-11734	871	4	to	to	PART
cjel-11734	871	5	employ	employ	VERB
cjel-11734	871	6	esg	esg	NOUN
cjel-11734	871	7	integration	integration	NOUN
cjel-11734	871	8	strategies	strategy	NOUN
cjel-11734	871	9	alongside	alongside	ADP
cjel-11734	871	10	weaker	weak	ADJ
cjel-11734	871	11	screening	screening	NOUN
cjel-11734	871	12	strategies	strategy	NOUN
cjel-11734	871	13	,	,	PUNCT
cjel-11734	871	14	whereas	whereas	SCONJ
cjel-11734	871	15	etfs	etfs	PROPN
cjel-11734	871	16	utilized	utilize	VERB
cjel-11734	871	17	esg	esg	NOUN
cjel-11734	871	18	integration	integration	NOUN
cjel-11734	871	19	strategies	strategy	NOUN
cjel-11734	871	20	alongside	alongside	ADP
cjel-11734	871	21	other	other	ADJ
cjel-11734	871	22	more	more	ADV
cjel-11734	871	23	impactfocused	impactfocused	ADJ
cjel-11734	871	24	strategies	strategy	NOUN
cjel-11734	871	25	to	to	ADP
cjel-11734	871	26	a	a	DET
cjel-11734	871	27	greater	great	ADJ
cjel-11734	871	28	extent	extent	NOUN
cjel-11734	871	29	.	.	PUNCT
cjel-11734	872	1	given	give	VERB
cjel-11734	872	2	this	this	DET
cjel-11734	872	3	dynamic	dynamic	NOUN
cjel-11734	872	4	,	,	PUNCT
cjel-11734	872	5	it	it	PRON
cjel-11734	872	6	appears	appear	VERB
cjel-11734	872	7	that	that	SCONJ
cjel-11734	872	8	the	the	DET
cjel-11734	872	9	sampled	sampled	ADJ
cjel-11734	872	10	esg	esg	NOUN
cjel-11734	872	11	mutual	mutual	ADJ
cjel-11734	872	12	funds	fund	NOUN
cjel-11734	872	13	fall	fall	VERB
cjel-11734	872	14	closer	close	ADV
cjel-11734	872	15	toward	toward	ADP
cjel-11734	872	16	the	the	DET
cjel-11734	872	17	return	return	NOUN
cjel-11734	872	18	bookend	bookend	NOUN
cjel-11734	872	19	of	of	ADP
cjel-11734	872	20	the	the	DET
cjel-11734	872	21	returns	return	NOUN
cjel-11734	872	22	-	-	PUNCT
cjel-11734	872	23	impact	impact	NOUN
cjel-11734	872	24	spectrum	spectrum	NOUN
cjel-11734	872	25	,	,	PUNCT
cjel-11734	872	26	and	and	CCONJ
cjel-11734	872	27	the	the	DET
cjel-11734	872	28	sampled	sample	VERB
cjel-11734	872	29	etfs	etfs	NOUN
cjel-11734	872	30	are	be	AUX
cjel-11734	872	31	further	far	ADV
cjel-11734	872	32	toward	toward	ADP
cjel-11734	872	33	the	the	DET
cjel-11734	872	34	impact	impact	NOUN
cjel-11734	872	35	end	end	NOUN
cjel-11734	872	36	of	of	ADP
cjel-11734	872	37	the	the	DET
cjel-11734	872	38	spectrum	spectrum	NOUN
cjel-11734	872	39	.	.	PUNCT
cjel-11734	873	1	within	within	ADP
cjel-11734	873	2	the	the	DET
cjel-11734	873	3	proposed	propose	VERB
cjel-11734	873	4	taxonomy	taxonomy	NOUN
cjel-11734	873	5	,	,	PUNCT
cjel-11734	873	6	mutual	mutual	ADJ
cjel-11734	873	7	funds	fund	NOUN
cjel-11734	873	8	are	be	AUX
cjel-11734	873	9	more	more	ADV
cjel-11734	873	10	likely	likely	ADJ
cjel-11734	873	11	to	to	PART
cjel-11734	873	12	become	become	VERB
cjel-11734	873	13	integration	integration	NOUN
cjel-11734	873	14	funds	fund	NOUN
cjel-11734	873	15	,	,	PUNCT
cjel-11734	873	16	whereas	whereas	SCONJ
cjel-11734	873	17	etfs	etfs	PROPN
cjel-11734	873	18	might	might	AUX
cjel-11734	873	19	become	become	VERB
cjel-11734	873	20	“	"	PUNCT
cjel-11734	873	21	esg	esg	PROPN
cjel-11734	873	22	-	-	PUNCT
cjel-11734	873	23	focused	focused	ADJ
cjel-11734	873	24	”	"	PUNCT
cjel-11734	873	25	funds	fund	NOUN
cjel-11734	873	26	.	.	PUNCT
cjel-11734	874	1	helping	help	VERB
cjel-11734	874	2	investors	investor	NOUN
cjel-11734	874	3	understand	understand	VERB
cjel-11734	874	4	where	where	SCONJ
cjel-11734	874	5	exactly	exactly	ADV
cjel-11734	874	6	a	a	DET
cjel-11734	874	7	specific	specific	ADJ
cjel-11734	874	8	fund	fund	NOUN
cjel-11734	874	9	will	will	AUX
cjel-11734	874	10	fall	fall	VERB
cjel-11734	874	11	on	on	ADP
cjel-11734	874	12	this	this	DET
cjel-11734	874	13	spectrum	spectrum	NOUN
cjel-11734	874	14	will	will	AUX
cjel-11734	874	15	facilitate	facilitate	VERB
cjel-11734	874	16	understanding	understanding	NOUN
cjel-11734	874	17	of	of	ADP
cjel-11734	874	18	the	the	DET
cjel-11734	874	19	esg	esg	PROPN
cjel-11734	874	20	fund	fund	NOUN
cjel-11734	874	21	universe	universe	NOUN
cjel-11734	874	22	and	and	CCONJ
cjel-11734	874	23	enable	enable	VERB
cjel-11734	874	24	investors	investor	NOUN
cjel-11734	874	25	to	to	PART
cjel-11734	874	26	determine	determine	VERB
cjel-11734	874	27	which	which	DET
cjel-11734	874	28	funds	fund	NOUN
cjel-11734	874	29	best	well	ADV
cjel-11734	874	30	align	align	VERB
cjel-11734	874	31	with	with	ADP
cjel-11734	874	32	their	their	PRON
cjel-11734	874	33	objectives	objective	NOUN
cjel-11734	874	34	.	.	PUNCT
cjel-11734	875	1	none	none	NOUN
cjel-11734	875	2	of	of	ADP
cjel-11734	875	3	the	the	DET
cjel-11734	875	4	top	top	ADJ
cjel-11734	875	5	funds	fund	NOUN
cjel-11734	875	6	employed	employ	VERB
cjel-11734	875	7	sustainability	sustainability	NOUN
cjel-11734	875	8	themed	theme	VERB
cjel-11734	875	9	investing	investing	NOUN
cjel-11734	875	10	,	,	PUNCT
cjel-11734	875	11	impact	impact	NOUN
cjel-11734	875	12	/	/	SYM
cjel-11734	875	13	community	community	NOUN
cjel-11734	875	14	investing	investing	NOUN
cjel-11734	875	15	,	,	PUNCT
cjel-11734	875	16	or	or	CCONJ
cjel-11734	875	17	corporate	corporate	ADJ
cjel-11734	875	18	engagement	engagement	NOUN
cjel-11734	875	19	and	and	CCONJ
cjel-11734	875	20	shareholder	shareholder	NOUN
cjel-11734	875	21	action	action	NOUN
cjel-11734	875	22	strategies	strategy	NOUN
cjel-11734	875	23	.	.	PUNCT
cjel-11734	876	1	as	as	SCONJ
cjel-11734	876	2	mentioned	mention	VERB
cjel-11734	876	3	in	in	ADP
cjel-11734	876	4	part	part	NOUN
cjel-11734	876	5	ii(a)(3	ii(a)(3	NOUN
cjel-11734	876	6	)	)	PUNCT
cjel-11734	876	7	,	,	PUNCT
cjel-11734	876	8	this	this	PRON
cjel-11734	876	9	might	might	AUX
cjel-11734	876	10	partly	partly	ADV
cjel-11734	876	11	explain	explain	VERB
cjel-11734	876	12	why	why	SCONJ
cjel-11734	876	13	so	so	ADV
cjel-11734	876	14	many	many	ADJ
cjel-11734	876	15	investors	investor	NOUN
cjel-11734	876	16	view	view	VERB
cjel-11734	876	17	esg	esg	PROPN
cjel-11734	876	18	investing	invest	VERB
cjel-11734	876	19	as	as	ADV
cjel-11734	876	20	primarily	primarily	ADV
cjel-11734	876	21	an	an	DET
cjel-11734	876	22	exclusionary	exclusionary	ADJ
cjel-11734	876	23	investing	investing	NOUN
cjel-11734	876	24	exercise	exercise	NOUN
cjel-11734	876	25	.	.	PUNCT
cjel-11734	877	1	it	it	PRON
cjel-11734	877	2	also	also	ADV
cjel-11734	877	3	suggests	suggest	VERB
cjel-11734	877	4	that	that	SCONJ
cjel-11734	877	5	these	these	DET
cjel-11734	877	6	largest	large	ADJ
cjel-11734	877	7	funds	fund	NOUN
cjel-11734	877	8	will	will	AUX
cjel-11734	877	9	not	not	PART
cjel-11734	877	10	be	be	AUX
cjel-11734	877	11	subject	subject	ADJ
cjel-11734	877	12	to	to	ADP
cjel-11734	877	13	the	the	DET
cjel-11734	877	14	additional	additional	ADJ
cjel-11734	877	15	requirements	requirement	NOUN
cjel-11734	877	16	imposed	impose	VERB
cjel-11734	877	17	on	on	ADP
cjel-11734	877	18	impact	impact	NOUN
cjel-11734	877	19	funds	fund	NOUN
cjel-11734	877	20	under	under	ADP
cjel-11734	877	21	the	the	DET
cjel-11734	877	22	proposed	propose	VERB
cjel-11734	877	23	esg	esg	PROPN
cjel-11734	877	24	fund	fund	NOUN
cjel-11734	877	25	rule	rule	NOUN
cjel-11734	877	26	.	.	PUNCT
cjel-11734	878	1	https://www.wsj.com/articles/top-esg-funds-are-all-still-invested-in-oil-and-gas-companies11573468200	https://www.wsj.com/articles/top-esg-funds-are-all-still-invested-in-oil-and-gas-companies11573468200	PROPN
cjel-11734	879	1	[	[	X
cjel-11734	879	2	https://perma.cc/j7ns-udtm	https://perma.cc/j7ns-udtm	X
cjel-11734	879	3	]	]	X
cjel-11734	879	4	.	.	PUNCT
cjel-11734	880	1	229	229	NUM
cjel-11734	880	2	.	.	PUNCT
cjel-11734	881	1	compare	compare	PROPN
cjel-11734	881	2	ishares	ishares	PROPN
cjel-11734	881	3	msci	msci	PROPN
cjel-11734	881	4	kld	kld	PROPN
cjel-11734	881	5	400	400	NUM
cjel-11734	881	6	social	social	ADJ
cjel-11734	881	7	etf	etf	NOUN
cjel-11734	881	8	,	,	PUNCT
cjel-11734	881	9	summary	summary	NOUN
cjel-11734	881	10	prospectus	prospectus	NOUN
cjel-11734	881	11	2	2	NUM
cjel-11734	881	12	(	(	PUNCT
cjel-11734	881	13	sept	sept	PROPN
cjel-11734	881	14	.	.	PROPN
cjel-11734	881	15	1	1	NUM
cjel-11734	881	16	,	,	PUNCT
cjel-11734	881	17	2021	2021	NUM
cjel-11734	881	18	)	)	PUNCT
cjel-11734	881	19	(	(	PUNCT
cjel-11734	881	20	“	"	PUNCT
cjel-11734	881	21	[	[	X
cjel-11734	881	22	c]ompanies	c]ompanie	NOUN
cjel-11734	881	23	that	that	SCONJ
cjel-11734	881	24	msci	msci	PROPN
cjel-11734	881	25	determines	determine	VERB
cjel-11734	881	26	have	have	AUX
cjel-11734	881	27	significant	significant	ADJ
cjel-11734	881	28	involvement	involvement	NOUN
cjel-11734	881	29	in	in	ADP
cjel-11734	881	30	the	the	DET
cjel-11734	881	31	following	follow	VERB
cjel-11734	881	32	businesses	business	NOUN
cjel-11734	881	33	are	be	AUX
cjel-11734	881	34	not	not	PART
cjel-11734	881	35	eligible	eligible	ADJ
cjel-11734	881	36	for	for	ADP
cjel-11734	881	37	the	the	DET
cjel-11734	881	38	underlying	underlying	ADJ
cjel-11734	881	39	index	index	NOUN
cjel-11734	881	40	.	.	PUNCT
cjel-11734	881	41	”	"	PUNCT
cjel-11734	881	42	)	)	PUNCT
cjel-11734	882	1	(	(	PUNCT
cjel-11734	882	2	emphasis	emphasis	NOUN
cjel-11734	882	3	added	add	VERB
cjel-11734	882	4	)	)	PUNCT
cjel-11734	882	5	,	,	PUNCT
cjel-11734	882	6	with	with	ADP
cjel-11734	882	7	tiaa	tiaa	ADJ
cjel-11734	882	8	-	-	PUNCT
cjel-11734	882	9	cref	cref	NOUN
cjel-11734	882	10	social	social	ADJ
cjel-11734	882	11	choice	choice	NOUN
cjel-11734	882	12	equity	equity	NOUN
cjel-11734	882	13	fund	fund	PROPN
cjel-11734	882	14	,	,	PUNCT
cjel-11734	882	15	summary	summary	NOUN
cjel-11734	882	16	prospectus	prospectus	NOUN
cjel-11734	882	17	4	4	NUM
cjel-11734	882	18	(	(	PUNCT
cjel-11734	882	19	mar	mar	PROPN
cjel-11734	882	20	.	.	PROPN
cjel-11734	882	21	1	1	NUM
cjel-11734	882	22	,	,	PUNCT
cjel-11734	882	23	2021	2021	NUM
cjel-11734	882	24	)	)	PUNCT
cjel-11734	882	25	(	(	PUNCT
cjel-11734	882	26	“	"	PUNCT
cjel-11734	882	27	[	[	X
cjel-11734	882	28	t]he	t]he	ADJ
cjel-11734	882	29	fund	fund	NOUN
cjel-11734	882	30	will	will	AUX
cjel-11734	882	31	not	not	PART
cjel-11734	882	32	generally	generally	ADV
cjel-11734	882	33	invest	invest	VERB
cjel-11734	882	34	in	in	ADP
cjel-11734	882	35	.	.	PUNCT
cjel-11734	882	36	.	.	PUNCT
cjel-11734	882	37	.	.	PUNCT
cjel-11734	882	38	”	"	PUNCT
cjel-11734	882	39	)	)	PUNCT
cjel-11734	883	1	(	(	PUNCT
cjel-11734	883	2	emphasis	emphasis	NOUN
cjel-11734	883	3	added	add	VERB
cjel-11734	883	4	)	)	PUNCT
cjel-11734	883	5	.	.	PUNCT
cjel-11734	884	1	this	this	PRON
cjel-11734	884	2	further	far	ADV
cjel-11734	884	3	supports	support	VERB
cjel-11734	884	4	the	the	DET
cjel-11734	884	5	idea	idea	NOUN
cjel-11734	884	6	that	that	SCONJ
cjel-11734	884	7	etfs	etfs	PROPN
cjel-11734	884	8	treated	treat	VERB
cjel-11734	884	9	esg	esg	PROPN
cjel-11734	884	10	investing	invest	VERB
cjel-11734	884	11	as	as	ADP
cjel-11734	884	12	the	the	DET
cjel-11734	884	13	fund	fund	NOUN
cjel-11734	884	14	’s	’s	PART
cjel-11734	884	15	asset	asset	NOUN
cjel-11734	884	16	type	type	NOUN
cjel-11734	884	17	,	,	PUNCT
cjel-11734	884	18	whereas	whereas	SCONJ
cjel-11734	884	19	mutual	mutual	ADJ
cjel-11734	884	20	funds	fund	NOUN
cjel-11734	884	21	treated	treat	VERB
cjel-11734	884	22	it	it	PRON
cjel-11734	884	23	as	as	ADP
cjel-11734	884	24	the	the	DET
cjel-11734	884	25	fund	fund	NOUN
cjel-11734	884	26	’s	’s	PART
cjel-11734	884	27	objective	objective	NOUN
cjel-11734	884	28	.	.	PUNCT
cjel-11734	885	1	2023	2023	NUM
cjel-11734	885	2	]	]	PUNCT
cjel-11734	885	3	green	green	ADJ
cjel-11734	885	4	funds	fund	NOUN
cjel-11734	885	5	in	in	ADP
cjel-11734	885	6	a	a	DET
cjel-11734	885	7	gray	gray	ADJ
cjel-11734	885	8	area	area	NOUN
cjel-11734	885	9	459	459	NUM
cjel-11734	885	10	5	5	NUM
cjel-11734	885	11	.	.	PUNCT
cjel-11734	885	12	funds	fund	NOUN
cjel-11734	885	13	’	'	PUNCT
cjel-11734	885	14	treatment	treatment	NOUN
cjel-11734	885	15	of	of	ADP
cjel-11734	885	16	the	the	DET
cjel-11734	885	17	names	name	NOUN
cjel-11734	885	18	rule	rule	VERB
cjel-11734	885	19	although	although	SCONJ
cjel-11734	885	20	not	not	PART
cjel-11734	885	21	mentioned	mention	VERB
cjel-11734	885	22	explicitly	explicitly	ADV
cjel-11734	885	23	in	in	ADP
cjel-11734	885	24	the	the	DET
cjel-11734	885	25	summary	summary	NOUN
cjel-11734	885	26	prospectus	prospectus	NOUN
cjel-11734	885	27	of	of	ADP
cjel-11734	885	28	any	any	DET
cjel-11734	885	29	fund	fund	NOUN
cjel-11734	885	30	,	,	PUNCT
cjel-11734	885	31	the	the	DET
cjel-11734	885	32	names	name	NOUN
cjel-11734	885	33	rule	rule	NOUN
cjel-11734	885	34	seems	seem	VERB
cjel-11734	885	35	to	to	PART
cjel-11734	885	36	be	be	AUX
cjel-11734	885	37	lingering	linger	VERB
cjel-11734	885	38	behind	behind	ADP
cjel-11734	885	39	the	the	DET
cjel-11734	885	40	scenes	scene	NOUN
cjel-11734	885	41	.	.	PUNCT
cjel-11734	886	1	the	the	DET
cjel-11734	886	2	80	80	NUM
cjel-11734	886	3	%	%	NOUN
cjel-11734	886	4	requirement	requirement	NOUN
cjel-11734	886	5	was	be	AUX
cjel-11734	886	6	addressed	address	VERB
cjel-11734	886	7	in	in	ADP
cjel-11734	886	8	the	the	DET
cjel-11734	886	9	principal	principal	ADJ
cjel-11734	886	10	investment	investment	NOUN
cjel-11734	886	11	strategies	strategy	NOUN
cjel-11734	886	12	sections	section	NOUN
cjel-11734	886	13	of	of	ADP
cjel-11734	886	14	both	both	CCONJ
cjel-11734	886	15	etfs	etfs	NOUN
cjel-11734	886	16	and	and	CCONJ
cjel-11734	886	17	mutual	mutual	ADJ
cjel-11734	886	18	funds	fund	NOUN
cjel-11734	886	19	,	,	PUNCT
cjel-11734	886	20	but	but	CCONJ
cjel-11734	886	21	only	only	ADV
cjel-11734	886	22	in	in	ADP
cjel-11734	886	23	etfs	etfs	PROPN
cjel-11734	886	24	with	with	ADP
cjel-11734	886	25	respect	respect	NOUN
cjel-11734	886	26	to	to	ADP
cjel-11734	886	27	esg	esg	PROPN
cjel-11734	886	28	investing	investing	NOUN
cjel-11734	886	29	.	.	PUNCT
cjel-11734	887	1	more	more	ADV
cjel-11734	887	2	specifically	specifically	ADV
cjel-11734	887	3	,	,	PUNCT
cjel-11734	887	4	several	several	ADJ
cjel-11734	887	5	etfs	etfs	NOUN
cjel-11734	887	6	explicitly	explicitly	ADV
cjel-11734	887	7	stated	state	VERB
cjel-11734	887	8	their	their	PRON
cjel-11734	887	9	goal	goal	NOUN
cjel-11734	887	10	of	of	ADP
cjel-11734	887	11	investing	invest	VERB
cjel-11734	887	12	at	at	ADV
cjel-11734	887	13	least	least	ADV
cjel-11734	887	14	80	80	NUM
cjel-11734	887	15	%	%	NOUN
cjel-11734	887	16	of	of	ADP
cjel-11734	887	17	their	their	PRON
cjel-11734	887	18	assets	asset	NOUN
cjel-11734	887	19	in	in	ADP
cjel-11734	887	20	accordance	accordance	NOUN
cjel-11734	887	21	with	with	ADP
cjel-11734	887	22	their	their	PRON
cjel-11734	887	23	parent	parent	NOUN
cjel-11734	887	24	indexes	index	NOUN
cjel-11734	887	25	,	,	PUNCT
cjel-11734	887	26	while	while	SCONJ
cjel-11734	887	27	other	other	ADJ
cjel-11734	887	28	etfs	etfs	PROPN
cjel-11734	887	29	alluded	allude	VERB
cjel-11734	887	30	to	to	ADP
cjel-11734	887	31	the	the	DET
cjel-11734	887	32	requirement	requirement	NOUN
cjel-11734	887	33	more	more	ADV
cjel-11734	887	34	generally.230	generally.230	PROPN
cjel-11734	887	35	mutual	mutual	ADJ
cjel-11734	887	36	funds	fund	NOUN
cjel-11734	887	37	that	that	PRON
cjel-11734	887	38	addressed	address	VERB
cjel-11734	887	39	investment	investment	NOUN
cjel-11734	887	40	allocation	allocation	NOUN
cjel-11734	887	41	percentages	percentage	NOUN
cjel-11734	887	42	normally	normally	ADV
cjel-11734	887	43	did	do	VERB
cjel-11734	887	44	so	so	ADV
cjel-11734	887	45	in	in	ADP
cjel-11734	887	46	reference	reference	NOUN
cjel-11734	887	47	to	to	ADP
cjel-11734	887	48	the	the	DET
cjel-11734	887	49	fund	fund	NOUN
cjel-11734	887	50	’s	’s	PART
cjel-11734	887	51	general	general	ADJ
cjel-11734	887	52	asset	asset	NOUN
cjel-11734	887	53	type	type	NOUN
cjel-11734	887	54	(	(	PUNCT
cjel-11734	887	55	e.g.	e.g.	ADV
cjel-11734	887	56	,	,	PUNCT
cjel-11734	887	57	equities	equity	NOUN
cjel-11734	887	58	,	,	PUNCT
cjel-11734	887	59	emerging	emerge	VERB
cjel-11734	887	60	markets	market	NOUN
cjel-11734	887	61	,	,	PUNCT
cjel-11734	887	62	or	or	CCONJ
cjel-11734	887	63	bonds	bond	NOUN
cjel-11734	887	64	)	)	PUNCT
cjel-11734	887	65	,	,	PUNCT
cjel-11734	887	66	although	although	SCONJ
cjel-11734	887	67	one	one	NUM
cjel-11734	887	68	mutual	mutual	ADJ
cjel-11734	887	69	fund	fund	NOUN
cjel-11734	887	70	disclosed	disclose	VERB
cjel-11734	887	71	it	it	PRON
cjel-11734	887	72	invested	invest	VERB
cjel-11734	887	73	at	at	ADV
cjel-11734	887	74	least	least	ADV
cjel-11734	887	75	80	80	NUM
cjel-11734	887	76	%	%	NOUN
cjel-11734	887	77	of	of	ADP
cjel-11734	887	78	the	the	DET
cjel-11734	887	79	value	value	NOUN
cjel-11734	887	80	of	of	ADP
cjel-11734	887	81	its	its	PRON
cjel-11734	887	82	net	net	ADJ
cjel-11734	887	83	assets	asset	NOUN
cjel-11734	887	84	in	in	ADP
cjel-11734	887	85	securities	security	NOUN
cjel-11734	887	86	that	that	PRON
cjel-11734	887	87	meet	meet	VERB
cjel-11734	887	88	their	their	PRON
cjel-11734	887	89	sustainability	sustainability	NOUN
cjel-11734	887	90	criteria.231	criteria.231	VERB
cjel-11734	887	91	references	reference	NOUN
cjel-11734	887	92	to	to	ADP
cjel-11734	887	93	the	the	DET
cjel-11734	887	94	80	80	NUM
cjel-11734	887	95	%	%	NOUN
cjel-11734	887	96	requirement	requirement	NOUN
cjel-11734	887	97	,	,	PUNCT
cjel-11734	887	98	as	as	ADV
cjel-11734	887	99	well	well	ADV
cjel-11734	887	100	as	as	ADP
cjel-11734	887	101	the	the	DET
cjel-11734	887	102	analysis	analysis	NOUN
cjel-11734	887	103	supra	supra	ADJ
cjel-11734	887	104	part	part	NOUN
cjel-11734	887	105	iii(a)(2	iii(a)(2	NOUN
cjel-11734	887	106	)	)	PUNCT
cjel-11734	887	107	on	on	ADP
cjel-11734	887	108	the	the	DET
cjel-11734	887	109	naming	name	VERB
cjel-11734	887	110	conventions	convention	NOUN
cjel-11734	887	111	of	of	ADP
cjel-11734	887	112	etfs	etfs	PROPN
cjel-11734	887	113	and	and	CCONJ
cjel-11734	887	114	mutual	mutual	ADJ
cjel-11734	887	115	funds	fund	NOUN
cjel-11734	887	116	,	,	PUNCT
cjel-11734	887	117	suggest	suggest	VERB
cjel-11734	887	118	that	that	SCONJ
cjel-11734	887	119	the	the	DET
cjel-11734	887	120	leading	lead	VERB
cjel-11734	887	121	mutual	mutual	ADJ
cjel-11734	887	122	funds	fund	NOUN
cjel-11734	887	123	tended	tend	VERB
cjel-11734	887	124	to	to	PART
cjel-11734	887	125	view	view	VERB
cjel-11734	887	126	the	the	DET
cjel-11734	887	127	esg	esg	NOUN
cjel-11734	887	128	label	label	NOUN
cjel-11734	887	129	as	as	ADP
cjel-11734	887	130	describing	describe	VERB
cjel-11734	887	131	the	the	DET
cjel-11734	887	132	fund	fund	NOUN
cjel-11734	887	133	’s	’s	PART
cjel-11734	887	134	investment	investment	NOUN
cjel-11734	887	135	strategy	strategy	NOUN
cjel-11734	887	136	,	,	PUNCT
cjel-11734	887	137	whereas	whereas	SCONJ
cjel-11734	887	138	etfs	etfs	PROPN
cjel-11734	887	139	approached	approach	VERB
cjel-11734	887	140	esg	esg	PROPN
cjel-11734	887	141	investing	invest	VERB
cjel-11734	887	142	as	as	SCONJ
cjel-11734	887	143	if	if	SCONJ
cjel-11734	887	144	it	it	PRON
cjel-11734	887	145	were	be	AUX
cjel-11734	887	146	the	the	DET
cjel-11734	887	147	fund	fund	NOUN
cjel-11734	887	148	’s	’s	PART
cjel-11734	887	149	asset	asset	NOUN
cjel-11734	887	150	type.232	type.232	PROPN
cjel-11734	887	151	while	while	SCONJ
cjel-11734	887	152	the	the	DET
cjel-11734	887	153	proposed	propose	VERB
cjel-11734	887	154	name	name	NOUN
cjel-11734	887	155	rule	rule	NOUN
cjel-11734	887	156	’s	’s	PART
cjel-11734	887	157	elimination	elimination	NOUN
cjel-11734	887	158	of	of	ADP
cjel-11734	887	159	this	this	DET
cjel-11734	887	160	dichotomy	dichotomy	NOUN
cjel-11734	887	161	would	would	AUX
cjel-11734	887	162	establish	establish	VERB
cjel-11734	887	163	that	that	SCONJ
cjel-11734	887	164	any	any	DET
cjel-11734	887	165	fund	fund	NOUN
cjel-11734	887	166	that	that	PRON
cjel-11734	887	167	meaningfully	meaningfully	ADV
cjel-11734	887	168	considers	consider	VERB
cjel-11734	887	169	esg	esg	NOUN
cjel-11734	887	170	factors	factor	NOUN
cjel-11734	887	171	will	will	AUX
cjel-11734	887	172	be	be	AUX
cjel-11734	887	173	subject	subject	ADJ
cjel-11734	887	174	to	to	ADP
cjel-11734	887	175	the	the	DET
cjel-11734	887	176	80	80	NUM
cjel-11734	887	177	%	%	NOUN
cjel-11734	887	178	requirement	requirement	NOUN
cjel-11734	887	179	,	,	PUNCT
cjel-11734	887	180	it	it	PRON
cjel-11734	887	181	does	do	AUX
cjel-11734	887	182	not	not	PART
cjel-11734	887	183	resolve	resolve	VERB
cjel-11734	887	184	the	the	DET
cjel-11734	887	185	challenge	challenge	NOUN
cjel-11734	887	186	investors	investor	NOUN
cjel-11734	887	187	face	face	VERB
cjel-11734	887	188	of	of	ADP
cjel-11734	887	189	discerning	discern	VERB
cjel-11734	887	190	how	how	SCONJ
cjel-11734	887	191	a	a	DET
cjel-11734	887	192	particular	particular	ADJ
cjel-11734	887	193	fund	fund	NOUN
cjel-11734	887	194	incorporates	incorporate	VERB
cjel-11734	887	195	esg	esg	NOUN
cjel-11734	887	196	criteria	criterion	NOUN
cjel-11734	887	197	given	give	VERB
cjel-11734	887	198	the	the	DET
cjel-11734	887	199	widely	widely	ADV
cjel-11734	887	200	varying	vary	VERB
cjel-11734	887	201	and	and	CCONJ
cjel-11734	887	202	vague	vague	ADJ
cjel-11734	887	203	terms	term	NOUN
cjel-11734	887	204	fund	fund	NOUN
cjel-11734	887	205	managers	manager	NOUN
cjel-11734	887	206	use	use	VERB
cjel-11734	887	207	to	to	PART
cjel-11734	887	208	describe	describe	VERB
cjel-11734	887	209	their	their	PRON
cjel-11734	887	210	strategies.233	strategies.233	NOUN
cjel-11734	887	211	6	6	NUM
cjel-11734	887	212	.	.	PUNCT
cjel-11734	887	213	where	where	SCONJ
cjel-11734	887	214	funds	fund	NOUN
cjel-11734	887	215	land	land	VERB
cjel-11734	887	216	on	on	ADP
cjel-11734	887	217	the	the	DET
cjel-11734	887	218	return	return	NOUN
cjel-11734	887	219	-	-	PUNCT
cjel-11734	887	220	impact	impact	NOUN
cjel-11734	887	221	spectrum	spectrum	NOUN
cjel-11734	887	222	as	as	SCONJ
cjel-11734	887	223	explained	explain	VERB
cjel-11734	887	224	supra	supra	PROPN
cjel-11734	887	225	part	part	NOUN
cjel-11734	887	226	ii(a)(2	ii(a)(2	NOUN
cjel-11734	887	227	)	)	PUNCT
cjel-11734	887	228	,	,	PUNCT
cjel-11734	887	229	all	all	DET
cjel-11734	887	230	esg	esg	NOUN
cjel-11734	887	231	funds	fund	NOUN
cjel-11734	887	232	may	may	AUX
cjel-11734	887	233	be	be	AUX
cjel-11734	887	234	placed	place	VERB
cjel-11734	887	235	along	along	ADP
cjel-11734	887	236	the	the	DET
cjel-11734	887	237	spectrum	spectrum	NOUN
cjel-11734	887	238	between	between	ADP
cjel-11734	887	239	fully	fully	ADV
cjel-11734	887	240	return	return	NOUN
cjel-11734	887	241	-	-	PUNCT
cjel-11734	887	242	focused	focus	VERB
cjel-11734	887	243	or	or	CCONJ
cjel-11734	887	244	impact	impact	NOUN
cjel-11734	887	245	-	-	PUNCT
cjel-11734	887	246	focused	focus	VERB
cjel-11734	887	247	.	.	PUNCT
cjel-11734	888	1	funds	fund	NOUN
cjel-11734	888	2	that	that	PRON
cjel-11734	888	3	use	use	VERB
cjel-11734	888	4	esg	esg	NOUN
cjel-11734	888	5	integration	integration	NOUN
cjel-11734	888	6	strategies	strategy	NOUN
cjel-11734	888	7	tend	tend	VERB
cjel-11734	888	8	to	to	PART
cjel-11734	888	9	fall	fall	VERB
cjel-11734	888	10	toward	toward	ADP
cjel-11734	888	11	the	the	DET
cjel-11734	888	12	return	return	NOUN
cjel-11734	888	13	230	230	NUM
cjel-11734	888	14	.	.	PUNCT
cjel-11734	889	1	compare	compare	PROPN
cjel-11734	889	2	dws	dws	PROPN
cjel-11734	889	3	xtrackers	xtrackers	PROPN
cjel-11734	889	4	msci	msci	PROPN
cjel-11734	889	5	usa	usa	PROPN
cjel-11734	889	6	esg	esg	PROPN
cjel-11734	889	7	leaders	leaders	PROPN
cjel-11734	889	8	equity	equity	PROPN
cjel-11734	889	9	etf	etf	PROPN
cjel-11734	889	10	,	,	PUNCT
cjel-11734	889	11	summary	summary	NOUN
cjel-11734	889	12	prospectus	prospectus	NOUN
cjel-11734	889	13	2	2	NUM
cjel-11734	889	14	(	(	PUNCT
cjel-11734	889	15	dec	dec	PROPN
cjel-11734	889	16	.	.	PROPN
cjel-11734	889	17	18	18	NUM
cjel-11734	889	18	,	,	PUNCT
cjel-11734	889	19	2020	2020	NUM
cjel-11734	889	20	)	)	PUNCT
cjel-11734	889	21	(	(	PUNCT
cjel-11734	889	22	“	"	PUNCT
cjel-11734	889	23	[	[	X
cjel-11734	889	24	t]he	t]he	ADJ
cjel-11734	889	25	fund	fund	NOUN
cjel-11734	889	26	will	will	AUX
cjel-11734	889	27	invest	invest	VERB
cjel-11734	889	28	at	at	ADV
cjel-11734	889	29	least	least	ADV
cjel-11734	889	30	80	80	NUM
cjel-11734	889	31	%	%	NOUN
cjel-11734	889	32	of	of	ADP
cjel-11734	889	33	its	its	PRON
cjel-11734	889	34	total	total	ADJ
cjel-11734	889	35	assets	asset	NOUN
cjel-11734	889	36	(	(	PUNCT
cjel-11734	889	37	but	but	CCONJ
cjel-11734	889	38	typically	typically	ADV
cjel-11734	889	39	far	far	ADV
cjel-11734	889	40	more	more	ADJ
cjel-11734	889	41	)	)	PUNCT
cjel-11734	889	42	in	in	ADP
cjel-11734	889	43	component	component	NOUN
cjel-11734	889	44	securities	security	NOUN
cjel-11734	889	45	of	of	ADP
cjel-11734	889	46	the	the	DET
cjel-11734	889	47	underlying	underlying	ADJ
cjel-11734	889	48	index	index	NOUN
cjel-11734	889	49	”	"	PUNCT
cjel-11734	889	50	)	)	PUNCT
cjel-11734	889	51	with	with	ADP
cjel-11734	889	52	vanguard	vanguard	PROPN
cjel-11734	889	53	esg	esg	PROPN
cjel-11734	889	54	u.s	u.s	PROPN
cjel-11734	889	55	.	.	PROPN
cjel-11734	889	56	stock	stock	PROPN
cjel-11734	889	57	etf	etf	PROPN
cjel-11734	889	58	,	,	PUNCT
cjel-11734	889	59	summary	summary	NOUN
cjel-11734	889	60	prospectus	prospectus	NOUN
cjel-11734	889	61	3	3	NUM
cjel-11734	889	62	(	(	PUNCT
cjel-11734	889	63	dec	dec	PROPN
cjel-11734	889	64	.	.	PROPN
cjel-11734	889	65	22	22	NUM
cjel-11734	889	66	,	,	PUNCT
cjel-11734	889	67	2020	2020	NUM
cjel-11734	889	68	)	)	PUNCT
cjel-11734	889	69	(	(	PUNCT
cjel-11734	889	70	“	"	PUNCT
cjel-11734	889	71	[	[	X
cjel-11734	889	72	t]he	t]he	ADV
cjel-11734	889	73	fund	fund	NOUN
cjel-11734	889	74	attempts	attempt	NOUN
cjel-11734	889	75	to	to	PART
cjel-11734	889	76	replicate	replicate	VERB
cjel-11734	889	77	the	the	DET
cjel-11734	889	78	target	target	NOUN
cjel-11734	889	79	index	index	NOUN
cjel-11734	889	80	by	by	ADP
cjel-11734	889	81	investing	invest	VERB
cjel-11734	889	82	all	all	PRON
cjel-11734	889	83	,	,	PUNCT
cjel-11734	889	84	or	or	CCONJ
cjel-11734	889	85	substantially	substantially	ADV
cjel-11734	889	86	all	all	PRON
cjel-11734	889	87	,	,	PUNCT
cjel-11734	889	88	of	of	ADP
cjel-11734	889	89	its	its	PRON
cjel-11734	889	90	assets	asset	NOUN
cjel-11734	889	91	in	in	ADP
cjel-11734	889	92	the	the	DET
cjel-11734	889	93	stocks	stock	NOUN
cjel-11734	889	94	that	that	PRON
cjel-11734	889	95	make	make	VERB
cjel-11734	889	96	up	up	ADP
cjel-11734	889	97	the	the	DET
cjel-11734	889	98	index	index	NOUN
cjel-11734	889	99	,	,	PUNCT
cjel-11734	889	100	holding	hold	VERB
cjel-11734	889	101	each	each	DET
cjel-11734	889	102	stock	stock	NOUN
cjel-11734	889	103	in	in	ADP
cjel-11734	889	104	approximately	approximately	ADV
cjel-11734	889	105	the	the	DET
cjel-11734	889	106	same	same	ADJ
cjel-11734	889	107	proportion	proportion	NOUN
cjel-11734	889	108	as	as	ADP
cjel-11734	889	109	its	its	PRON
cjel-11734	889	110	weighting	weighting	NOUN
cjel-11734	889	111	in	in	ADP
cjel-11734	889	112	the	the	DET
cjel-11734	889	113	index	index	NOUN
cjel-11734	889	114	.	.	PUNCT
cjel-11734	889	115	”	"	PUNCT
cjel-11734	889	116	)	)	PUNCT
cjel-11734	889	117	.	.	PUNCT
cjel-11734	890	1	231	231	NUM
cjel-11734	890	2	.	.	PUNCT
cjel-11734	891	1	putnam	putnam	PROPN
cjel-11734	891	2	investments	investments	PROPN
cjel-11734	891	3	,	,	PUNCT
cjel-11734	891	4	putnam	putnam	PROPN
cjel-11734	891	5	sustainable	sustainable	ADJ
cjel-11734	891	6	leaders	leader	NOUN
cjel-11734	891	7	fund	fund	NOUN
cjel-11734	891	8	,	,	PUNCT
cjel-11734	891	9	summary	summary	NOUN
cjel-11734	891	10	prospectus	prospectus	NOUN
cjel-11734	891	11	3	3	NUM
cjel-11734	891	12	(	(	PUNCT
cjel-11734	891	13	oct	oct	PROPN
cjel-11734	891	14	.	.	PROPN
cjel-11734	891	15	30	30	NUM
cjel-11734	891	16	,	,	PUNCT
cjel-11734	891	17	2021	2021	NUM
cjel-11734	891	18	)	)	PUNCT
cjel-11734	891	19	.	.	PUNCT
cjel-11734	892	1	232	232	X
cjel-11734	892	2	.	.	PUNCT
cjel-11734	892	3	see	see	VERB
cjel-11734	892	4	seelan	seelan	NOUN
cjel-11734	892	5	,	,	PUNCT
cjel-11734	892	6	supra	supra	PROPN
cjel-11734	892	7	note	note	PROPN
cjel-11734	892	8	118	118	NUM
cjel-11734	892	9	,	,	PUNCT
cjel-11734	892	10	at	at	ADP
cjel-11734	892	11	44	44	NUM
cjel-11734	892	12	(	(	PUNCT
cjel-11734	892	13	arguing	argue	VERB
cjel-11734	892	14	that	that	SCONJ
cjel-11734	892	15	because	because	SCONJ
cjel-11734	892	16	exclusionary	exclusionary	ADJ
cjel-11734	892	17	strategies	strategy	NOUN
cjel-11734	892	18	define	define	VERB
cjel-11734	892	19	a	a	DET
cjel-11734	892	20	fund	fund	NOUN
cjel-11734	892	21	’s	’s	PART
cjel-11734	892	22	investable	investable	ADJ
cjel-11734	892	23	universe	universe	NOUN
cjel-11734	892	24	,	,	PUNCT
cjel-11734	892	25	it	it	PRON
cjel-11734	892	26	more	more	ADV
cjel-11734	892	27	closely	closely	ADV
cjel-11734	892	28	resembles	resemble	VERB
cjel-11734	892	29	an	an	DET
cjel-11734	892	30	investment	investment	NOUN
cjel-11734	892	31	type	type	NOUN
cjel-11734	892	32	than	than	ADP
cjel-11734	892	33	a	a	DET
cjel-11734	892	34	strategy	strategy	NOUN
cjel-11734	892	35	)	)	PUNCT
cjel-11734	892	36	.	.	PUNCT
cjel-11734	893	1	233	233	NUM
cjel-11734	893	2	.	.	PUNCT
cjel-11734	894	1	esg	esg	PROPN
cjel-11734	894	2	mutual	mutual	ADJ
cjel-11734	894	3	fund	fund	NOUN
cjel-11734	894	4	and	and	CCONJ
cjel-11734	894	5	etf	etf	NOUN
cjel-11734	894	6	note	note	NOUN
cjel-11734	894	7	data	datum	NOUN
cjel-11734	894	8	(	(	PUNCT
cjel-11734	894	9	on	on	ADP
cjel-11734	894	10	file	file	NOUN
cjel-11734	894	11	with	with	ADP
cjel-11734	894	12	author	author	NOUN
cjel-11734	894	13	)	)	PUNCT
cjel-11734	894	14	.	.	PUNCT
cjel-11734	895	1	460	460	NUM
cjel-11734	895	2	columbia	columbia	PROPN
cjel-11734	895	3	journal	journal	PROPN
cjel-11734	895	4	of	of	ADP
cjel-11734	895	5	environmental	environmental	ADJ
cjel-11734	895	6	law	law	NOUN
cjel-11734	896	1	[	[	X
cjel-11734	896	2	vol.48:2	vol.48:2	NOUN
cjel-11734	896	3	focused	focus	VERB
cjel-11734	896	4	end	end	NOUN
cjel-11734	896	5	,	,	PUNCT
cjel-11734	896	6	as	as	SCONJ
cjel-11734	896	7	integration	integration	NOUN
cjel-11734	896	8	funds	fund	NOUN
cjel-11734	896	9	use	use	VERB
cjel-11734	896	10	esg	esg	PROPN
cjel-11734	896	11	data	datum	NOUN
cjel-11734	896	12	in	in	ADP
cjel-11734	896	13	an	an	DET
cjel-11734	896	14	effort	effort	NOUN
cjel-11734	896	15	to	to	PART
cjel-11734	896	16	maximize	maximize	VERB
cjel-11734	896	17	risk	risk	NOUN
cjel-11734	896	18	-	-	PUNCT
cjel-11734	896	19	adjusted	adjust	VERB
cjel-11734	896	20	returns	return	NOUN
cjel-11734	896	21	.	.	PUNCT
cjel-11734	897	1	on	on	ADP
cjel-11734	897	2	the	the	DET
cjel-11734	897	3	other	other	ADJ
cjel-11734	897	4	hand	hand	NOUN
cjel-11734	897	5	,	,	PUNCT
cjel-11734	897	6	esg	esg	PROPN
cjel-11734	897	7	-	-	PUNCT
cjel-11734	897	8	focused	focus	VERB
cjel-11734	897	9	and	and	CCONJ
cjel-11734	897	10	impact	impact	NOUN
cjel-11734	897	11	funds	fund	NOUN
cjel-11734	897	12	use	use	VERB
cjel-11734	897	13	esg	esg	PROPN
cjel-11734	897	14	data	datum	NOUN
cjel-11734	897	15	to	to	PART
cjel-11734	897	16	maximize	maximize	VERB
cjel-11734	897	17	the	the	DET
cjel-11734	897	18	impact	impact	NOUN
cjel-11734	897	19	of	of	ADP
cjel-11734	897	20	their	their	PRON
cjel-11734	897	21	investments	investment	NOUN
cjel-11734	897	22	,	,	PUNCT
cjel-11734	897	23	and	and	CCONJ
cjel-11734	897	24	thus	thus	ADV
cjel-11734	897	25	land	land	NOUN
cjel-11734	897	26	closer	close	ADV
cjel-11734	897	27	to	to	ADP
cjel-11734	897	28	the	the	DET
cjel-11734	897	29	impact	impact	NOUN
cjel-11734	897	30	end	end	NOUN
cjel-11734	897	31	of	of	ADP
cjel-11734	897	32	the	the	DET
cjel-11734	897	33	spectrum	spectrum	NOUN
cjel-11734	897	34	.	.	PUNCT
cjel-11734	898	1	the	the	DET
cjel-11734	898	2	disclosures	disclosure	NOUN
cjel-11734	898	3	of	of	ADP
cjel-11734	898	4	the	the	DET
cjel-11734	898	5	sampled	sample	VERB
cjel-11734	898	6	etfs	etfs	NOUN
cjel-11734	898	7	do	do	AUX
cjel-11734	898	8	not	not	PART
cjel-11734	898	9	explicitly	explicitly	ADV
cjel-11734	898	10	indicate	indicate	VERB
cjel-11734	898	11	how	how	SCONJ
cjel-11734	898	12	they	they	PRON
cjel-11734	898	13	balance	balance	VERB
cjel-11734	898	14	these	these	DET
cjel-11734	898	15	two	two	NUM
cjel-11734	898	16	goals	goal	NOUN
cjel-11734	898	17	,	,	PUNCT
cjel-11734	898	18	which	which	PRON
cjel-11734	898	19	might	might	AUX
cjel-11734	898	20	frustrate	frustrate	VERB
cjel-11734	898	21	investors	investor	NOUN
cjel-11734	898	22	hoping	hope	VERB
cjel-11734	898	23	to	to	PART
cjel-11734	898	24	gauge	gauge	VERB
cjel-11734	898	25	the	the	DET
cjel-11734	898	26	extent	extent	NOUN
cjel-11734	898	27	to	to	PART
cjel-11734	898	28	which	which	PRON
cjel-11734	898	29	the	the	DET
cjel-11734	898	30	funds	fund	NOUN
cjel-11734	898	31	prioritize	prioritize	VERB
cjel-11734	898	32	esg	esg	NOUN
cjel-11734	898	33	objectives	objective	NOUN
cjel-11734	898	34	or	or	CCONJ
cjel-11734	898	35	returns	return	NOUN
cjel-11734	898	36	.	.	PUNCT
cjel-11734	899	1	for	for	ADP
cjel-11734	899	2	instance	instance	NOUN
cjel-11734	899	3	,	,	PUNCT
cjel-11734	899	4	the	the	DET
cjel-11734	899	5	investment	investment	NOUN
cjel-11734	899	6	objective	objective	ADJ
cjel-11734	899	7	section	section	NOUN
cjel-11734	899	8	of	of	ADP
cjel-11734	899	9	the	the	DET
cjel-11734	899	10	largest	large	ADJ
cjel-11734	899	11	etf	etf	NOUN
cjel-11734	899	12	in	in	ADP
cjel-11734	899	13	the	the	DET
cjel-11734	899	14	sample	sample	NOUN
cjel-11734	899	15	set	set	NOUN
cjel-11734	899	16	says	say	VERB
cjel-11734	899	17	:	:	PUNCT
cjel-11734	899	18	“	"	PUNCT
cjel-11734	899	19	the	the	DET
cjel-11734	899	20	[	[	X
cjel-11734	899	21	fund	fund	NOUN
cjel-11734	899	22	]	]	PUNCT
cjel-11734	899	23	seeks	seek	VERB
cjel-11734	899	24	to	to	PART
cjel-11734	899	25	track	track	VERB
cjel-11734	899	26	the	the	DET
cjel-11734	899	27	investment	investment	NOUN
cjel-11734	899	28	results	result	NOUN
cjel-11734	899	29	of	of	ADP
cjel-11734	899	30	an	an	DET
cjel-11734	899	31	index	index	NOUN
cjel-11734	899	32	composed	compose	VERB
cjel-11734	899	33	of	of	ADP
cjel-11734	899	34	u.s	u.s	PROPN
cjel-11734	899	35	.	.	PROPN
cjel-11734	899	36	companies	company	NOUN
cjel-11734	899	37	that	that	PRON
cjel-11734	899	38	have	have	VERB
cjel-11734	899	39	positive	positive	ADJ
cjel-11734	899	40	environmental	environmental	ADJ
cjel-11734	899	41	,	,	PUNCT
cjel-11734	899	42	social	social	ADJ
cjel-11734	899	43	and	and	CCONJ
cjel-11734	899	44	governance	governance	NOUN
cjel-11734	899	45	characteristics	characteristic	NOUN
cjel-11734	899	46	as	as	SCONJ
cjel-11734	899	47	identified	identify	VERB
cjel-11734	899	48	by	by	ADP
cjel-11734	899	49	the	the	DET
cjel-11734	899	50	index	index	NOUN
cjel-11734	899	51	provider	provider	NOUN
cjel-11734	899	52	while	while	SCONJ
cjel-11734	899	53	exhibiting	exhibit	VERB
cjel-11734	899	54	risk	risk	NOUN
cjel-11734	899	55	and	and	CCONJ
cjel-11734	899	56	return	return	VERB
cjel-11734	899	57	characteristics	characteristic	NOUN
cjel-11734	899	58	similar	similar	ADJ
cjel-11734	899	59	to	to	ADP
cjel-11734	899	60	those	those	PRON
cjel-11734	899	61	of	of	ADP
cjel-11734	899	62	the	the	DET
cjel-11734	899	63	parent	parent	NOUN
cjel-11734	899	64	index	index	NOUN
cjel-11734	899	65	.	.	PUNCT
cjel-11734	900	1	”234	”234	PUNCT
cjel-11734	900	2	this	this	DET
cjel-11734	900	3	references	reference	NOUN
cjel-11734	900	4	both	both	CCONJ
cjel-11734	900	5	returnseeking	returnseeke	VERB
cjel-11734	900	6	and	and	CCONJ
cjel-11734	900	7	impact	impact	NOUN
cjel-11734	900	8	-	-	PUNCT
cjel-11734	900	9	seeking	seek	VERB
cjel-11734	900	10	strategies	strategy	NOUN
cjel-11734	900	11	,	,	PUNCT
cjel-11734	900	12	yet	yet	ADV
cjel-11734	900	13	does	do	AUX
cjel-11734	900	14	not	not	PART
cjel-11734	900	15	make	make	VERB
cjel-11734	900	16	it	it	PRON
cjel-11734	900	17	clear	clear	ADJ
cjel-11734	900	18	how	how	SCONJ
cjel-11734	900	19	the	the	DET
cjel-11734	900	20	fund	fund	NOUN
cjel-11734	900	21	balances	balance	VERB
cjel-11734	900	22	those	those	DET
cjel-11734	900	23	objectives	objective	NOUN
cjel-11734	900	24	.	.	PUNCT
cjel-11734	901	1	at	at	ADP
cjel-11734	901	2	first	first	ADJ
cjel-11734	901	3	glance	glance	NOUN
cjel-11734	901	4	,	,	PUNCT
cjel-11734	901	5	the	the	DET
cjel-11734	901	6	explicit	explicit	ADJ
cjel-11734	901	7	reference	reference	NOUN
cjel-11734	901	8	to	to	ADP
cjel-11734	901	9	esg	esg	PROPN
cjel-11734	901	10	characteristics	characteristics	PROPN
cjel-11734	901	11	suggests	suggest	VERB
cjel-11734	901	12	the	the	DET
cjel-11734	901	13	fund	fund	NOUN
cjel-11734	901	14	might	might	AUX
cjel-11734	901	15	be	be	AUX
cjel-11734	901	16	impactoriented	impactoriente	VERB
cjel-11734	901	17	.	.	PUNCT
cjel-11734	902	1	however	however	ADV
cjel-11734	902	2	,	,	PUNCT
cjel-11734	902	3	the	the	DET
cjel-11734	902	4	fact	fact	NOUN
cjel-11734	902	5	these	these	DET
cjel-11734	902	6	esg	esg	PROPN
cjel-11734	902	7	characteristics	characteristic	NOUN
cjel-11734	902	8	are	be	AUX
cjel-11734	902	9	considered	consider	VERB
cjel-11734	902	10	with	with	ADP
cjel-11734	902	11	the	the	DET
cjel-11734	902	12	underlying	underlie	VERB
cjel-11734	902	13	goal	goal	NOUN
cjel-11734	902	14	of	of	ADP
cjel-11734	902	15	tracking	track	VERB
cjel-11734	902	16	the	the	DET
cjel-11734	902	17	fund	fund	NOUN
cjel-11734	902	18	’s	’s	PART
cjel-11734	902	19	underlying	underlie	VERB
cjel-11734	902	20	index	index	NOUN
cjel-11734	902	21	suggests	suggest	VERB
cjel-11734	902	22	a	a	DET
cjel-11734	902	23	focus	focus	NOUN
cjel-11734	902	24	on	on	ADP
cjel-11734	902	25	maximizing	maximize	VERB
cjel-11734	902	26	returns	return	NOUN
cjel-11734	902	27	.	.	PUNCT
cjel-11734	903	1	by	by	ADP
cjel-11734	903	2	combining	combine	VERB
cjel-11734	903	3	a	a	DET
cjel-11734	903	4	return	return	NOUN
cjel-11734	903	5	-	-	PUNCT
cjel-11734	903	6	focused	focus	VERB
cjel-11734	903	7	strategy	strategy	NOUN
cjel-11734	903	8	(	(	PUNCT
cjel-11734	903	9	esg	esg	NOUN
cjel-11734	903	10	integration	integration	NOUN
cjel-11734	903	11	)	)	PUNCT
cjel-11734	903	12	with	with	ADP
cjel-11734	903	13	an	an	DET
cjel-11734	903	14	impact	impact	NOUN
cjel-11734	903	15	-	-	PUNCT
cjel-11734	903	16	focused	focus	VERB
cjel-11734	903	17	strategy	strategy	NOUN
cjel-11734	903	18	(	(	PUNCT
cjel-11734	903	19	negative	negative	ADJ
cjel-11734	903	20	/	/	SYM
cjel-11734	903	21	exclusionary	exclusionary	ADJ
cjel-11734	903	22	screening	screening	NOUN
cjel-11734	903	23	)	)	PUNCT
cjel-11734	903	24	,	,	PUNCT
cjel-11734	903	25	esg	esg	NOUN
cjel-11734	903	26	funds	fund	NOUN
cjel-11734	903	27	,	,	PUNCT
cjel-11734	903	28	and	and	CCONJ
cjel-11734	903	29	,	,	PUNCT
cjel-11734	903	30	in	in	ADP
cjel-11734	903	31	particular	particular	ADJ
cjel-11734	903	32	,	,	PUNCT
cjel-11734	903	33	esg	esg	PROPN
cjel-11734	903	34	etfs	etfs	PROPN
cjel-11734	903	35	,	,	PUNCT
cjel-11734	903	36	seek	seek	VERB
cjel-11734	903	37	to	to	PART
cjel-11734	903	38	provide	provide	VERB
cjel-11734	903	39	the	the	DET
cjel-11734	903	40	best	good	ADJ
cjel-11734	903	41	of	of	ADP
cjel-11734	903	42	both	both	DET
cjel-11734	903	43	worlds	world	NOUN
cjel-11734	903	44	.	.	PUNCT
cjel-11734	904	1	however	however	ADV
cjel-11734	904	2	,	,	PUNCT
cjel-11734	904	3	this	this	DET
cjel-11734	904	4	endeavor	endeavor	NOUN
cjel-11734	904	5	might	might	AUX
cjel-11734	904	6	actually	actually	ADV
cjel-11734	904	7	result	result	VERB
cjel-11734	904	8	in	in	ADP
cjel-11734	904	9	worse	bad	ADJ
cjel-11734	904	10	outcomes	outcome	NOUN
cjel-11734	904	11	.	.	PUNCT
cjel-11734	905	1	when	when	SCONJ
cjel-11734	905	2	funds	fund	NOUN
cjel-11734	905	3	attempt	attempt	VERB
cjel-11734	905	4	to	to	PART
cjel-11734	905	5	maximize	maximize	VERB
cjel-11734	905	6	impact	impact	NOUN
cjel-11734	905	7	and	and	CCONJ
cjel-11734	905	8	profit	profit	NOUN
cjel-11734	905	9	—	—	PUNCT
cjel-11734	905	10	two	two	NUM
cjel-11734	905	11	seemingly	seemingly	ADV
cjel-11734	905	12	opposing	oppose	VERB
cjel-11734	905	13	objectives235	objectives235	NOUN
cjel-11734	905	14	—	—	PUNCT
cjel-11734	905	15	situations	situation	NOUN
cjel-11734	905	16	arise	arise	VERB
cjel-11734	905	17	where	where	SCONJ
cjel-11734	905	18	esg	esg	PROPN
cjel-11734	905	19	funds	fund	NOUN
cjel-11734	905	20	have	have	VERB
cjel-11734	905	21	more	more	ADJ
cjel-11734	905	22	exposure	exposure	NOUN
cjel-11734	905	23	to	to	ADP
cjel-11734	905	24	oil	oil	NOUN
cjel-11734	905	25	companies	company	NOUN
cjel-11734	905	26	than	than	ADP
cjel-11734	905	27	the	the	DET
cjel-11734	905	28	traditional	traditional	ADJ
cjel-11734	905	29	s&p	s&p	PROPN
cjel-11734	905	30	500.236	500.236	NUM
cjel-11734	905	31	in	in	ADP
cjel-11734	905	32	other	other	ADJ
cjel-11734	905	33	words	word	NOUN
cjel-11734	905	34	,	,	PUNCT
cjel-11734	905	35	tracking	track	VERB
cjel-11734	905	36	the	the	DET
cjel-11734	905	37	performance	performance	NOUN
cjel-11734	905	38	of	of	ADP
cjel-11734	905	39	non	non	ADJ
cjel-11734	905	40	-	-	ADJ
cjel-11734	905	41	esg	esg	ADJ
cjel-11734	905	42	benchmarks	benchmark	NOUN
cjel-11734	905	43	,	,	PUNCT
cjel-11734	905	44	in	in	ADP
cjel-11734	905	45	an	an	DET
cjel-11734	905	46	effort	effort	NOUN
cjel-11734	905	47	to	to	PART
cjel-11734	905	48	earn	earn	VERB
cjel-11734	905	49	similar	similar	ADJ
cjel-11734	905	50	returns	return	NOUN
cjel-11734	905	51	,	,	PUNCT
cjel-11734	905	52	pushes	push	VERB
cjel-11734	905	53	the	the	DET
cjel-11734	905	54	funds	fund	NOUN
cjel-11734	905	55	towards	towards	ADP
cjel-11734	905	56	the	the	DET
cjel-11734	905	57	very	very	ADJ
cjel-11734	905	58	stocks	stock	NOUN
cjel-11734	905	59	they	they	PRON
cjel-11734	905	60	are	be	AUX
cjel-11734	905	61	supposed	suppose	VERB
cjel-11734	905	62	to	to	PART
cjel-11734	905	63	avoid	avoid	VERB
cjel-11734	905	64	.	.	PUNCT
cjel-11734	906	1	this	this	DET
cjel-11734	906	2	reality	reality	NOUN
cjel-11734	906	3	likely	likely	ADV
cjel-11734	906	4	runs	run	VERB
cjel-11734	906	5	counter	counter	ADV
cjel-11734	906	6	to	to	ADP
cjel-11734	906	7	investors	investor	NOUN
cjel-11734	906	8	’	’	PART
cjel-11734	906	9	expectations	expectation	NOUN
cjel-11734	906	10	of	of	ADP
cjel-11734	906	11	esg	esg	PROPN
cjel-11734	906	12	funds	fund	NOUN
cjel-11734	906	13	,	,	PUNCT
cjel-11734	906	14	and	and	CCONJ
cjel-11734	906	15	without	without	ADP
cjel-11734	906	16	clear	clear	ADJ
cjel-11734	906	17	disclosure	disclosure	NOUN
cjel-11734	906	18	of	of	ADP
cjel-11734	906	19	this	this	DET
cjel-11734	906	20	possibility	possibility	NOUN
cjel-11734	906	21	,	,	PUNCT
cjel-11734	906	22	large	large	ADJ
cjel-11734	906	23	swaths	swath	NOUN
cjel-11734	906	24	of	of	ADP
cjel-11734	906	25	well	well	ADV
cjel-11734	906	26	-	-	PUNCT
cjel-11734	906	27	intentioned	intentione	VERB
cjel-11734	906	28	retail	retail	ADJ
cjel-11734	906	29	investors	investor	NOUN
cjel-11734	906	30	might	might	AUX
cjel-11734	906	31	be	be	AUX
cjel-11734	906	32	unaware	unaware	ADJ
cjel-11734	906	33	that	that	SCONJ
cjel-11734	906	34	a	a	DET
cjel-11734	906	35	fund	fund	NOUN
cjel-11734	906	36	with	with	ADP
cjel-11734	906	37	the	the	DET
cjel-11734	906	38	“	"	PUNCT
cjel-11734	906	39	esg	esg	PROPN
cjel-11734	906	40	-	-	PUNCT
cjel-11734	906	41	focused	focused	ADJ
cjel-11734	906	42	”	"	PUNCT
cjel-11734	906	43	label	label	NOUN
cjel-11734	906	44	,	,	PUNCT
cjel-11734	906	45	and	and	CCONJ
cjel-11734	906	46	one	one	NUM
cjel-11734	906	47	they	they	PRON
cjel-11734	906	48	might	might	AUX
cjel-11734	906	49	have	have	AUX
cjel-11734	906	50	deliberately	deliberately	ADV
cjel-11734	906	51	chosen	choose	VERB
cjel-11734	906	52	to	to	PART
cjel-11734	906	53	achieve	achieve	VERB
cjel-11734	906	54	positive	positive	ADJ
cjel-11734	906	55	esg	esg	NOUN
cjel-11734	906	56	outcomes	outcome	NOUN
cjel-11734	906	57	,	,	PUNCT
cjel-11734	906	58	provides	provide	VERB
cjel-11734	906	59	more	more	ADJ
cjel-11734	906	60	exposure	exposure	NOUN
cjel-11734	906	61	to	to	ADP
cjel-11734	906	62	some	some	PRON
cjel-11734	906	63	of	of	ADP
cjel-11734	906	64	the	the	DET
cjel-11734	906	65	most	most	ADV
cjel-11734	906	66	environmentally	environmentally	ADV
cjel-11734	906	67	234	234	NUM
cjel-11734	906	68	.	.	PUNCT
cjel-11734	907	1	ishares	ishares	PROPN
cjel-11734	907	2	msci	msci	PROPN
cjel-11734	907	3	ishares	ishares	PROPN
cjel-11734	907	4	esg	esg	PROPN
cjel-11734	907	5	aware	aware	PROPN
cjel-11734	907	6	msci	msci	PROPN
cjel-11734	907	7	usa	usa	PROPN
cjel-11734	907	8	etf	etf	PROPN
cjel-11734	907	9	,	,	PUNCT
cjel-11734	907	10	summary	summary	NOUN
cjel-11734	907	11	prospectus	prospectus	NOUN
cjel-11734	907	12	14	14	NUM
cjel-11734	907	13	(	(	PUNCT
cjel-11734	907	14	sept	sept	PROPN
cjel-11734	907	15	.	.	PROPN
cjel-11734	907	16	1	1	NUM
cjel-11734	907	17	,	,	PUNCT
cjel-11734	907	18	2021	2021	NUM
cjel-11734	907	19	)	)	PUNCT
cjel-11734	907	20	.	.	PUNCT
cjel-11734	908	1	235	235	NUM
cjel-11734	908	2	.	.	PUNCT
cjel-11734	909	1	see	see	VERB
cjel-11734	909	2	press	press	NOUN
cjel-11734	909	3	release	release	NOUN
cjel-11734	909	4	,	,	PUNCT
cjel-11734	909	5	sec	sec	PROPN
cjel-11734	909	6	,	,	PUNCT
cjel-11734	909	7	sec	sec	PROPN
cjel-11734	909	8	requests	request	VERB
cjel-11734	909	9	comment	comment	NOUN
cjel-11734	909	10	on	on	ADP
cjel-11734	909	11	fund	fund	NOUN
cjel-11734	909	12	names	name	NOUN
cjel-11734	909	13	rule	rule	NOUN
cjel-11734	909	14	;	;	PUNCT
cjel-11734	909	15	seeks	seek	VERB
cjel-11734	909	16	to	to	PART
cjel-11734	909	17	eliminate	eliminate	VERB
cjel-11734	909	18	misleading	mislead	VERB
cjel-11734	909	19	fund	fund	NOUN
cjel-11734	909	20	names	name	NOUN
cjel-11734	909	21	(	(	PUNCT
cjel-11734	909	22	mar	mar	PROPN
cjel-11734	909	23	.	.	PROPN
cjel-11734	909	24	2	2	NUM
cjel-11734	909	25	,	,	PUNCT
cjel-11734	909	26	2020	2020	NUM
cjel-11734	909	27	)	)	PUNCT
cjel-11734	909	28	,	,	PUNCT
cjel-11734	909	29	https://www.sec.gov/news/press-release/2020-50	https://www.sec.gov/news/press-release/2020-50	ADP
cjel-11734	910	1	[	[	X
cjel-11734	910	2	https://perma.cc/5f38-5jkf	https://perma.cc/5f38-5jkf	X
cjel-11734	910	3	]	]	X
cjel-11734	910	4	.	.	PUNCT
cjel-11734	911	1	236	236	NUM
cjel-11734	911	2	.	.	PUNCT
cjel-11734	911	3	cam	cam	PROPN
cjel-11734	911	4	simpson	simpson	PROPN
cjel-11734	911	5	et	et	PROPN
cjel-11734	911	6	al	al	PROPN
cjel-11734	911	7	.	.	PROPN
cjel-11734	911	8	,	,	PUNCT
cjel-11734	911	9	the	the	DET
cjel-11734	911	10	esg	esg	PROPN
cjel-11734	911	11	mirage	mirage	NOUN
cjel-11734	911	12	,	,	PUNCT
cjel-11734	911	13	bloomberg	bloomberg	PROPN
cjel-11734	911	14	businessweek	businessweek	PROPN
cjel-11734	911	15	(	(	PUNCT
cjel-11734	911	16	dec	dec	PROPN
cjel-11734	911	17	.	.	PROPN
cjel-11734	911	18	10	10	NUM
cjel-11734	911	19	,	,	PUNCT
cjel-11734	911	20	2021	2021	NUM
cjel-11734	911	21	)	)	PUNCT
cjel-11734	911	22	,	,	PUNCT
cjel-11734	911	23	https://www.bloomberg.com/graphics/2021-what-is-esg-investing-msci-ratings-focus-oncorporate-bottom-line/	https://www.bloomberg.com/graphics/2021-what-is-esg-investing-msci-ratings-focus-oncorporate-bottom-line/	PROPN
cjel-11734	912	1	[	[	X
cjel-11734	912	2	https://perma.cc/cy64-f8z7	https://perma.cc/cy64-f8z7	X
cjel-11734	912	3	]	]	PUNCT
cjel-11734	912	4	.	.	PUNCT
cjel-11734	913	1	2023	2023	NUM
cjel-11734	913	2	]	]	PUNCT
cjel-11734	913	3	green	green	ADJ
cjel-11734	913	4	funds	fund	NOUN
cjel-11734	913	5	in	in	ADP
cjel-11734	913	6	a	a	DET
cjel-11734	913	7	gray	gray	ADJ
cjel-11734	913	8	area	area	NOUN
cjel-11734	913	9	461	461	NUM
cjel-11734	913	10	harmful	harmful	ADJ
cjel-11734	913	11	firms	firm	NOUN
cjel-11734	913	12	than	than	SCONJ
cjel-11734	913	13	had	have	AUX
cjel-11734	913	14	they	they	PRON
cjel-11734	913	15	chosen	choose	VERB
cjel-11734	913	16	a	a	DET
cjel-11734	913	17	traditional	traditional	ADJ
cjel-11734	913	18	(	(	PUNCT
cjel-11734	913	19	and	and	CCONJ
cjel-11734	913	20	less	less	ADV
cjel-11734	913	21	expensive	expensive	ADJ
cjel-11734	913	22	)	)	PUNCT
cjel-11734	913	23	non	non	ADJ
cjel-11734	913	24	-	-	ADJ
cjel-11734	913	25	esg	esg	ADJ
cjel-11734	913	26	index	index	NOUN
cjel-11734	913	27	fund	fund	NOUN
cjel-11734	913	28	.	.	PUNCT
cjel-11734	914	1	this	this	DET
cjel-11734	914	2	particular	particular	ADJ
cjel-11734	914	3	scenario	scenario	NOUN
cjel-11734	914	4	is	be	AUX
cjel-11734	914	5	why	why	SCONJ
cjel-11734	914	6	this	this	DET
cjel-11734	914	7	note	note	NOUN
cjel-11734	914	8	calls	call	VERB
cjel-11734	914	9	on	on	ADP
cjel-11734	914	10	the	the	DET
cjel-11734	914	11	sec	sec	PROPN
cjel-11734	914	12	to	to	ADP
cjel-11734	914	13	both	both	PRON
cjel-11734	914	14	:	:	PUNCT
cjel-11734	914	15	(	(	PUNCT
cjel-11734	914	16	1	1	X
cjel-11734	914	17	)	)	PUNCT
cjel-11734	914	18	require	require	VERB
cjel-11734	914	19	esg	esg	PROPN
cjel-11734	914	20	-	-	PUNCT
cjel-11734	914	21	focused	focus	VERB
cjel-11734	914	22	funds	fund	NOUN
cjel-11734	914	23	to	to	PART
cjel-11734	914	24	invest	invest	VERB
cjel-11734	914	25	a	a	DET
cjel-11734	914	26	higher	high	ADJ
cjel-11734	914	27	percentage	percentage	NOUN
cjel-11734	914	28	of	of	ADP
cjel-11734	914	29	assets	asset	NOUN
cjel-11734	914	30	in	in	ADP
cjel-11734	914	31	accordance	accordance	NOUN
cjel-11734	914	32	with	with	ADP
cjel-11734	914	33	the	the	DET
cjel-11734	914	34	fund	fund	NOUN
cjel-11734	914	35	’s	’s	PART
cjel-11734	914	36	strategy	strategy	NOUN
cjel-11734	914	37	than	than	ADP
cjel-11734	914	38	the	the	DET
cjel-11734	914	39	current	current	ADJ
cjel-11734	914	40	80	80	NUM
cjel-11734	914	41	%	%	NOUN
cjel-11734	914	42	requirement	requirement	NOUN
cjel-11734	914	43	,	,	PUNCT
cjel-11734	914	44	and	and	CCONJ
cjel-11734	914	45	(	(	PUNCT
cjel-11734	914	46	2	2	X
cjel-11734	914	47	)	)	PUNCT
cjel-11734	914	48	require	require	VERB
cjel-11734	914	49	funds	fund	NOUN
cjel-11734	914	50	to	to	PART
cjel-11734	914	51	prominently	prominently	ADV
cjel-11734	914	52	disclose	disclose	VERB
cjel-11734	914	53	when	when	SCONJ
cjel-11734	914	54	they	they	PRON
cjel-11734	914	55	are	be	AUX
cjel-11734	914	56	investing	invest	VERB
cjel-11734	914	57	in	in	ADP
cjel-11734	914	58	securities	security	NOUN
cjel-11734	914	59	excluded	exclude	VERB
cjel-11734	914	60	from	from	ADP
cjel-11734	914	61	the	the	DET
cjel-11734	914	62	fund	fund	NOUN
cjel-11734	914	63	’s	’s	PART
cjel-11734	914	64	investable	investable	ADJ
cjel-11734	914	65	universe	universe	NOUN
cjel-11734	914	66	(	(	PUNCT
cjel-11734	914	67	e.g.	e.g.	ADV
cjel-11734	914	68	,	,	PUNCT
cjel-11734	914	69	when	when	SCONJ
cjel-11734	914	70	an	an	DET
cjel-11734	914	71	esg	esg	PROPN
cjel-11734	914	72	-	-	PUNCT
cjel-11734	914	73	focused	focus	VERB
cjel-11734	914	74	fund	fund	NOUN
cjel-11734	914	75	invests	invest	NOUN
cjel-11734	914	76	in	in	ADP
cjel-11734	914	77	oil	oil	NOUN
cjel-11734	914	78	and	and	CCONJ
cjel-11734	914	79	gas	gas	NOUN
cjel-11734	914	80	companies	company	NOUN
cjel-11734	914	81	that	that	PRON
cjel-11734	914	82	are	be	AUX
cjel-11734	914	83	screened	screen	VERB
cjel-11734	914	84	from	from	ADP
cjel-11734	914	85	the	the	DET
cjel-11734	914	86	fund	fund	NOUN
cjel-11734	914	87	’s	’s	PART
cjel-11734	914	88	principal	principal	ADJ
cjel-11734	914	89	strategy	strategy	NOUN
cjel-11734	914	90	)	)	PUNCT
cjel-11734	914	91	.	.	PUNCT
cjel-11734	915	1	7	7	X
cjel-11734	915	2	.	.	X
cjel-11734	915	3	a	a	DET
cjel-11734	915	4	potential	potential	ADJ
cjel-11734	915	5	culprit	culprit	NOUN
cjel-11734	915	6	for	for	ADP
cjel-11734	915	7	the	the	DET
cjel-11734	915	8	esg	esg	PROPN
cjel-11734	915	9	fund	fund	PROPN
cjel-11734	915	10	labeling	labeling	NOUN
cjel-11734	915	11	problem	problem	NOUN
cjel-11734	915	12	a	a	DET
cjel-11734	915	13	large	large	ADJ
cjel-11734	915	14	criticism	criticism	NOUN
cjel-11734	915	15	of	of	ADP
cjel-11734	915	16	the	the	DET
cjel-11734	915	17	proposed	propose	VERB
cjel-11734	915	18	esg	esg	PROPN
cjel-11734	915	19	fund	fund	NOUN
cjel-11734	915	20	rule	rule	NOUN
cjel-11734	915	21	is	be	AUX
cjel-11734	915	22	that	that	SCONJ
cjel-11734	915	23	it	it	PRON
cjel-11734	915	24	calls	call	VERB
cjel-11734	915	25	on	on	ADP
cjel-11734	915	26	funds	fund	NOUN
cjel-11734	915	27	to	to	PART
cjel-11734	915	28	provide	provide	VERB
cjel-11734	915	29	certain	certain	ADJ
cjel-11734	915	30	information	information	NOUN
cjel-11734	915	31	that	that	SCONJ
cjel-11734	915	32	they	they	PRON
cjel-11734	915	33	might	might	AUX
cjel-11734	915	34	not	not	PART
cjel-11734	915	35	have.237	have.237	VERB
cjel-11734	915	36	for	for	ADP
cjel-11734	915	37	example	example	NOUN
cjel-11734	915	38	,	,	PUNCT
cjel-11734	915	39	the	the	DET
cjel-11734	915	40	rule	rule	NOUN
cjel-11734	915	41	would	would	AUX
cjel-11734	915	42	require	require	VERB
cjel-11734	915	43	esg	esg	PROPN
cjel-11734	915	44	-	-	PUNCT
cjel-11734	915	45	focused	focus	VERB
cjel-11734	915	46	funds	fund	NOUN
cjel-11734	915	47	to	to	PART
cjel-11734	915	48	disclose	disclose	VERB
cjel-11734	915	49	in	in	ADP
cjel-11734	915	50	their	their	PRON
cjel-11734	915	51	annual	annual	ADJ
cjel-11734	915	52	reports	report	NOUN
cjel-11734	915	53	data	datum	NOUN
cjel-11734	915	54	related	relate	VERB
cjel-11734	915	55	to	to	ADP
cjel-11734	915	56	the	the	DET
cjel-11734	915	57	aggregate	aggregate	ADJ
cjel-11734	915	58	impact	impact	NOUN
cjel-11734	915	59	of	of	ADP
cjel-11734	915	60	their	their	PRON
cjel-11734	915	61	holdings	holding	NOUN
cjel-11734	915	62	’	'	PUNCT
cjel-11734	915	63	greenhouse	greenhouse	NOUN
cjel-11734	915	64	gas	gas	NOUN
cjel-11734	915	65	(	(	PUNCT
cjel-11734	915	66	“	"	PUNCT
cjel-11734	915	67	ghg	ghg	PROPN
cjel-11734	915	68	”	"	PUNCT
cjel-11734	915	69	)	)	PUNCT
cjel-11734	915	70	emissions.238	emissions.238	PROPN
cjel-11734	915	71	however	however	ADV
cjel-11734	915	72	,	,	PUNCT
cjel-11734	915	73	this	this	PRON
cjel-11734	915	74	might	might	AUX
cjel-11734	915	75	not	not	PART
cjel-11734	915	76	be	be	AUX
cjel-11734	915	77	possible	possible	ADJ
cjel-11734	915	78	if	if	SCONJ
cjel-11734	915	79	the	the	DET
cjel-11734	915	80	securities	security	NOUN
cjel-11734	915	81	the	the	DET
cjel-11734	915	82	fund	fund	NOUN
cjel-11734	915	83	invests	invest	NOUN
cjel-11734	915	84	in	in	ADP
cjel-11734	915	85	do	do	AUX
cjel-11734	915	86	not	not	PART
cjel-11734	915	87	disclose	disclose	VERB
cjel-11734	915	88	this	this	DET
cjel-11734	915	89	information	information	NOUN
cjel-11734	915	90	.	.	PUNCT
cjel-11734	916	1	esg	esg	PROPN
cjel-11734	916	2	fund	fund	NOUN
cjel-11734	916	3	managers	manager	NOUN
cjel-11734	916	4	will	will	AUX
cjel-11734	916	5	point	point	VERB
cjel-11734	916	6	to	to	ADP
cjel-11734	916	7	the	the	DET
cjel-11734	916	8	lack	lack	NOUN
cjel-11734	916	9	of	of	ADP
cjel-11734	916	10	mandated	mandate	VERB
cjel-11734	916	11	and	and	CCONJ
cjel-11734	916	12	consistent	consistent	ADJ
cjel-11734	916	13	esg	esg	NOUN
cjel-11734	916	14	-	-	PUNCT
cjel-11734	916	15	related	relate	VERB
cjel-11734	916	16	disclosures	disclosure	NOUN
cjel-11734	916	17	at	at	ADP
cjel-11734	916	18	the	the	DET
cjel-11734	916	19	issuer	issuer	ADJ
cjel-11734	916	20	level	level	NOUN
cjel-11734	916	21	,	,	PUNCT
cjel-11734	916	22	and	and	CCONJ
cjel-11734	916	23	argue	argue	VERB
cjel-11734	916	24	that	that	SCONJ
cjel-11734	916	25	this	this	PRON
cjel-11734	916	26	makes	make	VERB
cjel-11734	916	27	it	it	PRON
cjel-11734	916	28	difficult	difficult	ADJ
cjel-11734	916	29	,	,	PUNCT
cjel-11734	916	30	if	if	SCONJ
cjel-11734	916	31	not	not	PART
cjel-11734	916	32	impossible	impossible	ADJ
cjel-11734	916	33	,	,	PUNCT
cjel-11734	916	34	for	for	SCONJ
cjel-11734	916	35	them	they	PRON
cjel-11734	916	36	to	to	PART
cjel-11734	916	37	employ	employ	VERB
cjel-11734	916	38	many	many	ADJ
cjel-11734	916	39	esg	esg	NOUN
cjel-11734	916	40	investing	invest	VERB
cjel-11734	916	41	strategies.239	strategies.239	NUM
cjel-11734	916	42	the	the	DET
cjel-11734	916	43	dearth	dearth	NOUN
cjel-11734	916	44	of	of	ADP
cjel-11734	916	45	esg	esg	PROPN
cjel-11734	916	46	specific	specific	ADJ
cjel-11734	916	47	data	datum	NOUN
cjel-11734	916	48	on	on	ADP
cjel-11734	916	49	the	the	DET
cjel-11734	916	50	issuer	issuer	ADJ
cjel-11734	916	51	level	level	NOUN
cjel-11734	916	52	might	might	AUX
cjel-11734	916	53	explain	explain	VERB
cjel-11734	916	54	the	the	DET
cjel-11734	916	55	popularity	popularity	NOUN
cjel-11734	916	56	and	and	CCONJ
cjel-11734	916	57	appeal	appeal	NOUN
cjel-11734	916	58	of	of	ADP
cjel-11734	916	59	integration	integration	NOUN
cjel-11734	916	60	and	and	CCONJ
cjel-11734	916	61	negative	negative	ADJ
cjel-11734	916	62	/	/	SYM
cjel-11734	916	63	exclusionary	exclusionary	ADJ
cjel-11734	916	64	strategies	strategy	NOUN
cjel-11734	916	65	:	:	PUNCT
cjel-11734	916	66	esg	esg	NOUN
cjel-11734	916	67	integration	integration	NOUN
cjel-11734	916	68	strategies	strategy	NOUN
cjel-11734	916	69	do	do	AUX
cjel-11734	916	70	not	not	PART
cjel-11734	916	71	commit	commit	VERB
cjel-11734	916	72	funds	fund	NOUN
cjel-11734	916	73	to	to	ADP
cjel-11734	916	74	any	any	DET
cjel-11734	916	75	specific	specific	ADJ
cjel-11734	916	76	action	action	NOUN
cjel-11734	916	77	besides	besides	SCONJ
cjel-11734	916	78	the	the	DET
cjel-11734	916	79	mere	mere	ADJ
cjel-11734	916	80	consideration	consideration	NOUN
cjel-11734	916	81	of	of	ADP
cjel-11734	916	82	esg	esg	PROPN
cjel-11734	916	83	information	information	NOUN
cjel-11734	916	84	in	in	ADP
cjel-11734	916	85	the	the	DET
cjel-11734	916	86	investment	investment	NOUN
cjel-11734	916	87	selection	selection	NOUN
cjel-11734	916	88	process	process	NOUN
cjel-11734	916	89	;	;	PUNCT
cjel-11734	916	90	similarly	similarly	ADV
cjel-11734	916	91	,	,	PUNCT
cjel-11734	916	92	exclusionary	exclusionary	ADJ
cjel-11734	916	93	strategies	strategy	NOUN
cjel-11734	916	94	can	can	AUX
cjel-11734	916	95	be	be	AUX
cjel-11734	916	96	implemented	implement	VERB
cjel-11734	916	97	effectively	effectively	ADV
cjel-11734	916	98	with	with	ADP
cjel-11734	916	99	a	a	DET
cjel-11734	916	100	limited	limited	ADJ
cjel-11734	916	101	237	237	NUM
cjel-11734	916	102	.	.	PUNCT
cjel-11734	917	1	see	see	VERB
cjel-11734	917	2	,	,	PUNCT
cjel-11734	917	3	e.g.	e.g.	ADV
cjel-11734	917	4	,	,	PUNCT
cjel-11734	917	5	letter	letter	NOUN
cjel-11734	917	6	from	from	ADP
cjel-11734	917	7	eric	eric	PROPN
cjel-11734	917	8	j.	j.	PROPN
cjel-11734	917	9	pan	pan	PROPN
cjel-11734	917	10	,	,	PUNCT
cjel-11734	917	11	president	president	PROPN
cjel-11734	917	12	&	&	CCONJ
cjel-11734	917	13	ceo	ceo	PROPN
cjel-11734	917	14	,	,	PUNCT
cjel-11734	917	15	investment	investment	NOUN
cjel-11734	917	16	company	company	NOUN
cjel-11734	917	17	institute	institute	NOUN
cjel-11734	917	18	,	,	PUNCT
cjel-11734	917	19	to	to	ADP
cjel-11734	917	20	vanessa	vanessa	PROPN
cjel-11734	917	21	a.	a.	PROPN
cjel-11734	917	22	countryman	countryman	PROPN
cjel-11734	917	23	,	,	PUNCT
cjel-11734	917	24	sec’y	sec’y	NUM
cjel-11734	917	25	,	,	PUNCT
cjel-11734	917	26	sec	sec	PROPN
cjel-11734	917	27	(	(	PUNCT
cjel-11734	917	28	aug	aug	PROPN
cjel-11734	917	29	.	.	PROPN
cjel-11734	917	30	16	16	NUM
cjel-11734	917	31	,	,	PUNCT
cjel-11734	917	32	2022	2022	NUM
cjel-11734	917	33	)	)	PUNCT
cjel-11734	917	34	,	,	PUNCT
cjel-11734	917	35	https://www.ici.org/system/files/202208/22-ici-cl-sec-esg-disclosure-proposal.pdf	https://www.ici.org/system/files/202208/22-ici-cl-sec-esg-disclosure-proposal.pdf	PROPN
cjel-11734	917	36	[	[	X
cjel-11734	917	37	https://perma.cc/px2m-5qz2	https://perma.cc/px2m-5qz2	X
cjel-11734	917	38	]	]	X
cjel-11734	917	39	(	(	PUNCT
cjel-11734	917	40	“	"	PUNCT
cjel-11734	917	41	the	the	DET
cjel-11734	917	42	proposed	propose	VERB
cjel-11734	917	43	reporting	reporting	NOUN
cjel-11734	917	44	requirements	requirement	NOUN
cjel-11734	917	45	also	also	ADV
cjel-11734	917	46	would	would	AUX
cjel-11734	917	47	put	put	VERB
cjel-11734	917	48	funds	fund	NOUN
cjel-11734	917	49	in	in	ADP
cjel-11734	917	50	the	the	DET
cjel-11734	917	51	untenable	untenable	ADJ
cjel-11734	917	52	position	position	NOUN
cjel-11734	917	53	of	of	ADP
cjel-11734	917	54	having	have	VERB
cjel-11734	917	55	to	to	PART
cjel-11734	917	56	report	report	VERB
cjel-11734	917	57	metrics	metric	NOUN
cjel-11734	917	58	in	in	ADP
cjel-11734	917	59	a	a	DET
cjel-11734	917	60	regulatory	regulatory	ADJ
cjel-11734	917	61	report	report	NOUN
cjel-11734	917	62	that	that	PRON
cjel-11734	917	63	are	be	AUX
cjel-11734	917	64	dependent	dependent	ADJ
cjel-11734	917	65	on	on	ADP
cjel-11734	917	66	data	datum	NOUN
cjel-11734	917	67	from	from	ADP
cjel-11734	917	68	portfolio	portfolio	NOUN
cjel-11734	917	69	companies	company	NOUN
cjel-11734	917	70	when	when	SCONJ
cjel-11734	917	71	portfolio	portfolio	NOUN
cjel-11734	917	72	companies	company	NOUN
cjel-11734	917	73	are	be	AUX
cjel-11734	917	74	not	not	PART
cjel-11734	917	75	obligated	obligate	VERB
cjel-11734	917	76	to	to	PART
cjel-11734	917	77	report	report	VERB
cjel-11734	917	78	their	their	PRON
cjel-11734	917	79	own	own	ADJ
cjel-11734	917	80	emissions	emission	NOUN
cjel-11734	917	81	data	datum	NOUN
cjel-11734	917	82	in	in	ADP
cjel-11734	917	83	a	a	DET
cjel-11734	917	84	regulatory	regulatory	ADJ
cjel-11734	917	85	report	report	NOUN
cjel-11734	917	86	”	"	PUNCT
cjel-11734	917	87	)	)	PUNCT
cjel-11734	917	88	.	.	PUNCT
cjel-11734	918	1	238	238	NUM
cjel-11734	918	2	.	.	PUNCT
cjel-11734	918	3	enhanced	enhance	VERB
cjel-11734	918	4	disclosures	disclosure	NOUN
cjel-11734	918	5	by	by	ADP
cjel-11734	918	6	certain	certain	ADJ
cjel-11734	918	7	investment	investment	NOUN
cjel-11734	918	8	advisers	adviser	NOUN
cjel-11734	918	9	and	and	CCONJ
cjel-11734	918	10	investment	investment	NOUN
cjel-11734	918	11	companies	company	NOUN
cjel-11734	918	12	about	about	ADP
cjel-11734	918	13	environmental	environmental	ADJ
cjel-11734	918	14	,	,	PUNCT
cjel-11734	918	15	social	social	ADJ
cjel-11734	918	16	,	,	PUNCT
cjel-11734	918	17	and	and	CCONJ
cjel-11734	918	18	governance	governance	NOUN
cjel-11734	918	19	investment	investment	NOUN
cjel-11734	918	20	practices	practice	NOUN
cjel-11734	918	21	,	,	PUNCT
cjel-11734	918	22	87	87	NUM
cjel-11734	918	23	fed	fed	PROPN
cjel-11734	918	24	.	.	PUNCT
cjel-11734	919	1	reg	reg	PROPN
cjel-11734	919	2	.	.	PUNCT
cjel-11734	920	1	36659	36659	NUM
cjel-11734	920	2	(	(	PUNCT
cjel-11734	920	3	june	june	PROPN
cjel-11734	920	4	17	17	NUM
cjel-11734	920	5	,	,	PUNCT
cjel-11734	920	6	2022	2022	NUM
cjel-11734	920	7	)	)	PUNCT
cjel-11734	920	8	(	(	PUNCT
cjel-11734	920	9	to	to	PART
cjel-11734	920	10	be	be	AUX
cjel-11734	920	11	codified	codify	VERB
cjel-11734	920	12	at	at	ADP
cjel-11734	920	13	17	17	NUM
cjel-11734	920	14	c.f.r	c.f.r	NOUN
cjel-11734	920	15	pts	pt	NOUN
cjel-11734	920	16	.	.	PROPN
cjel-11734	920	17	200	200	NUM
cjel-11734	920	18	,	,	PUNCT
cjel-11734	920	19	230	230	NUM
cjel-11734	920	20	,	,	PUNCT
cjel-11734	920	21	232	232	NUM
cjel-11734	920	22	,	,	PUNCT
cjel-11734	920	23	239	239	NUM
cjel-11734	920	24	,	,	PUNCT
cjel-11734	920	25	249	249	NUM
cjel-11734	920	26	,	,	PUNCT
cjel-11734	920	27	274	274	NUM
cjel-11734	920	28	,	,	PUNCT
cjel-11734	920	29	and	and	CCONJ
cjel-11734	920	30	279	279	NUM
cjel-11734	920	31	)	)	PUNCT
cjel-11734	920	32	.	.	PUNCT
cjel-11734	921	1	239	239	NUM
cjel-11734	921	2	.	.	PUNCT
cjel-11734	921	3	comm’r	comm’r	PRON
cjel-11734	921	4	hester	hester	PROPN
cjel-11734	921	5	peirce	peirce	PROPN
cjel-11734	921	6	,	,	PUNCT
cjel-11734	921	7	we	we	PRON
cjel-11734	921	8	are	be	AUX
cjel-11734	921	9	not	not	PART
cjel-11734	921	10	the	the	DET
cjel-11734	921	11	securities	security	NOUN
cjel-11734	921	12	and	and	CCONJ
cjel-11734	921	13	environment	environment	PROPN
cjel-11734	921	14	commission	commission	PROPN
cjel-11734	921	15	—	—	PUNCT
cjel-11734	921	16	at	at	ADP
cjel-11734	921	17	least	least	ADJ
cjel-11734	921	18	not	not	PART
cjel-11734	921	19	yet	yet	ADV
cjel-11734	921	20	,	,	PUNCT
cjel-11734	921	21	sec	sec	PROPN
cjel-11734	921	22	(	(	PUNCT
cjel-11734	921	23	mar	mar	PROPN
cjel-11734	921	24	.	.	PROPN
cjel-11734	921	25	21	21	NUM
cjel-11734	921	26	,	,	PUNCT
cjel-11734	921	27	2022	2022	NUM
cjel-11734	921	28	)	)	PUNCT
cjel-11734	921	29	,	,	PUNCT
cjel-11734	921	30	https://www.sec.gov/news/statement/peirce-climatedisclosure-20220321#_ftnref2	https://www.sec.gov/news/statement/peirce-climatedisclosure-20220321#_ftnref2	PROPN
cjel-11734	921	31	[	[	X
cjel-11734	921	32	https://perma.cc/5jjl-qwrt	https://perma.cc/5jjl-qwrt	X
cjel-11734	921	33	]	]	PUNCT
cjel-11734	921	34	(	(	PUNCT
cjel-11734	921	35	“	"	PUNCT
cjel-11734	921	36	.	.	PUNCT
cjel-11734	921	37	.	.	PUNCT
cjel-11734	921	38	.	.	PUNCT
cjel-11734	922	1	a	a	DET
cjel-11734	922	2	company	company	NOUN
cjel-11734	922	3	may	may	AUX
cjel-11734	922	4	not	not	PART
cjel-11734	922	5	even	even	ADV
cjel-11734	922	6	be	be	AUX
cjel-11734	922	7	able	able	ADJ
cjel-11734	922	8	to	to	PART
cjel-11734	922	9	get	get	VERB
cjel-11734	922	10	the	the	DET
cjel-11734	922	11	information	information	NOUN
cjel-11734	922	12	it	it	PRON
cjel-11734	922	13	needs	need	VERB
cjel-11734	922	14	to	to	PART
cjel-11734	922	15	calculate	calculate	VERB
cjel-11734	922	16	scope	scope	NOUN
cjel-11734	922	17	3	3	NUM
cjel-11734	922	18	emissions	emission	NOUN
cjel-11734	922	19	.	.	PUNCT
cjel-11734	923	1	the	the	DET
cjel-11734	923	2	company	company	NOUN
cjel-11734	923	3	’s	’s	PART
cjel-11734	923	4	customers	customer	NOUN
cjel-11734	923	5	and	and	CCONJ
cjel-11734	923	6	suppliers	supplier	NOUN
cjel-11734	923	7	may	may	AUX
cjel-11734	923	8	not	not	PART
cjel-11734	923	9	track	track	VERB
cjel-11734	923	10	this	this	DET
cjel-11734	923	11	information	information	NOUN
cjel-11734	923	12	.	.	PUNCT
cjel-11734	924	1	even	even	ADV
cjel-11734	924	2	if	if	SCONJ
cjel-11734	924	3	its	its	PRON
cjel-11734	924	4	suppliers	supplier	NOUN
cjel-11734	924	5	disclose	disclose	VERB
cjel-11734	924	6	their	their	PRON
cjel-11734	924	7	emissions	emission	NOUN
cjel-11734	924	8	information	information	NOUN
cjel-11734	924	9	,	,	PUNCT
cjel-11734	924	10	a	a	DET
cjel-11734	924	11	reporting	report	VERB
cjel-11734	924	12	company	company	NOUN
cjel-11734	924	13	may	may	AUX
cjel-11734	924	14	not	not	PART
cjel-11734	924	15	feel	feel	VERB
cjel-11734	924	16	sufficiently	sufficiently	ADV
cjel-11734	924	17	confident	confident	ADJ
cjel-11734	924	18	in	in	ADP
cjel-11734	924	19	the	the	DET
cjel-11734	924	20	information	information	NOUN
cjel-11734	924	21	to	to	PART
cjel-11734	924	22	include	include	VERB
cjel-11734	924	23	it	it	PRON
cjel-11734	924	24	in	in	ADP
cjel-11734	924	25	its	its	PRON
cjel-11734	924	26	sec	sec	PROPN
cjel-11734	924	27	filings	filing	NOUN
cjel-11734	924	28	.	.	PUNCT
cjel-11734	924	29	”	"	PUNCT
cjel-11734	924	30	)	)	PUNCT
cjel-11734	924	31	.	.	PUNCT
cjel-11734	925	1	462	462	NUM
cjel-11734	925	2	columbia	columbia	PROPN
cjel-11734	925	3	journal	journal	PROPN
cjel-11734	925	4	of	of	ADP
cjel-11734	925	5	environmental	environmental	ADJ
cjel-11734	925	6	law	law	NOUN
cjel-11734	926	1	[	[	X
cjel-11734	926	2	vol.48:2	vol.48:2	VERB
cjel-11734	926	3	knowledge	knowledge	NOUN
cjel-11734	926	4	base	base	NOUN
cjel-11734	926	5	.	.	PUNCT
cjel-11734	927	1	the	the	DET
cjel-11734	927	2	lack	lack	NOUN
cjel-11734	927	3	of	of	ADP
cjel-11734	927	4	consistent	consistent	ADJ
cjel-11734	927	5	issuer	issuer	ADJ
cjel-11734	927	6	-	-	PUNCT
cjel-11734	927	7	level	level	NOUN
cjel-11734	927	8	data	datum	NOUN
cjel-11734	927	9	might	might	AUX
cjel-11734	927	10	also	also	ADV
cjel-11734	927	11	explain	explain	VERB
cjel-11734	927	12	why	why	SCONJ
cjel-11734	927	13	summary	summary	NOUN
cjel-11734	927	14	prospectuses	prospectus	NOUN
cjel-11734	927	15	contain	contain	VERB
cjel-11734	927	16	such	such	ADJ
cjel-11734	927	17	varied	varied	ADJ
cjel-11734	927	18	language	language	NOUN
cjel-11734	927	19	to	to	PART
cjel-11734	927	20	describe	describe	VERB
cjel-11734	927	21	the	the	DET
cjel-11734	927	22	same	same	ADJ
cjel-11734	927	23	general	general	ADJ
cjel-11734	927	24	strategies	strategy	NOUN
cjel-11734	927	25	.	.	PUNCT
cjel-11734	928	1	as	as	SCONJ
cjel-11734	928	2	the	the	DET
cjel-11734	928	3	sec	sec	PROPN
cjel-11734	928	4	’s	’s	PART
cjel-11734	928	5	asset	asset	NOUN
cjel-11734	928	6	management	management	NOUN
cjel-11734	928	7	advisory	advisory	PROPN
cjel-11734	928	8	committee	committee	NOUN
cjel-11734	928	9	’s	’s	PART
cjel-11734	928	10	esg	esg	PROPN
cjel-11734	928	11	subcommittee	subcommittee	NOUN
cjel-11734	928	12	concluded	conclude	VERB
cjel-11734	928	13	,	,	PUNCT
cjel-11734	928	14	“	"	PUNCT
cjel-11734	928	15	the	the	DET
cjel-11734	928	16	current	current	ADJ
cjel-11734	928	17	,	,	PUNCT
cjel-11734	928	18	unguided	unguided	ADJ
cjel-11734	928	19	approach	approach	NOUN
cjel-11734	928	20	has	have	AUX
cjel-11734	928	21	not	not	PART
cjel-11734	928	22	resulted	result	VERB
cjel-11734	928	23	in	in	ADP
cjel-11734	928	24	consistent	consistent	ADJ
cjel-11734	928	25	,	,	PUNCT
cjel-11734	928	26	comparable	comparable	ADJ
cjel-11734	928	27	,	,	PUNCT
cjel-11734	928	28	complete	complete	ADJ
cjel-11734	928	29	and	and	CCONJ
cjel-11734	928	30	meaningful	meaningful	ADJ
cjel-11734	928	31	disclosure	disclosure	NOUN
cjel-11734	928	32	.	.	PUNCT
cjel-11734	929	1	the	the	DET
cjel-11734	929	2	impact	impact	NOUN
cjel-11734	929	3	of	of	ADP
cjel-11734	929	4	the	the	DET
cjel-11734	929	5	current	current	ADJ
cjel-11734	929	6	approach	approach	NOUN
cjel-11734	929	7	could	could	AUX
cjel-11734	929	8	be	be	AUX
cjel-11734	929	9	poor	poor	ADJ
cjel-11734	929	10	transparency	transparency	NOUN
cjel-11734	929	11	with	with	ADP
cjel-11734	929	12	the	the	DET
cjel-11734	929	13	potential	potential	NOUN
cjel-11734	929	14	to	to	PART
cjel-11734	929	15	mislead	mislead	VERB
cjel-11734	929	16	investors	investor	NOUN
cjel-11734	929	17	in	in	ADP
cjel-11734	929	18	investment	investment	NOUN
cjel-11734	929	19	products	product	NOUN
cjel-11734	929	20	,	,	PUNCT
cjel-11734	929	21	as	as	ADV
cjel-11734	929	22	well	well	ADV
cjel-11734	929	23	as	as	ADP
cjel-11734	929	24	poor	poor	ADJ
cjel-11734	929	25	disclosure	disclosure	NOUN
cjel-11734	929	26	of	of	ADP
cjel-11734	929	27	material	material	ADJ
cjel-11734	929	28	risks	risk	NOUN
cjel-11734	929	29	to	to	ADP
cjel-11734	929	30	investors	investor	NOUN
cjel-11734	929	31	in	in	ADP
cjel-11734	929	32	issuers	issuer	NOUN
cjel-11734	929	33	’	'	PUNCT
cjel-11734	929	34	securities	security	NOUN
cjel-11734	929	35	.	.	PUNCT
cjel-11734	929	36	”240	”240	PROPN
cjel-11734	929	37	as	as	SCONJ
cjel-11734	929	38	demonstrated	demonstrate	VERB
cjel-11734	929	39	throughout	throughout	ADP
cjel-11734	929	40	part	part	PROPN
cjel-11734	929	41	iii	iii	NOUN
cjel-11734	929	42	,	,	PUNCT
cjel-11734	929	43	the	the	DET
cjel-11734	929	44	sec	sec	PROPN
cjel-11734	929	45	’s	’s	PART
cjel-11734	929	46	concern	concern	NOUN
cjel-11734	929	47	is	be	AUX
cjel-11734	929	48	clearly	clearly	ADV
cjel-11734	929	49	substantiated	substantiate	VERB
cjel-11734	929	50	:	:	PUNCT
cjel-11734	929	51	esg	esg	NOUN
cjel-11734	929	52	funds	fund	NOUN
cjel-11734	929	53	are	be	AUX
cjel-11734	929	54	struggling	struggle	VERB
cjel-11734	929	55	to	to	PART
cjel-11734	929	56	develop	develop	VERB
cjel-11734	929	57	clear	clear	ADJ
cjel-11734	929	58	,	,	PUNCT
cjel-11734	929	59	consistent	consistent	ADJ
cjel-11734	929	60	,	,	PUNCT
cjel-11734	929	61	and	and	CCONJ
cjel-11734	929	62	transparent	transparent	ADJ
cjel-11734	929	63	disclosures	disclosure	NOUN
cjel-11734	929	64	.	.	PUNCT
cjel-11734	930	1	while	while	SCONJ
cjel-11734	930	2	funds	fund	NOUN
cjel-11734	930	3	and	and	CCONJ
cjel-11734	930	4	third	third	ADJ
cjel-11734	930	5	-	-	PUNCT
cjel-11734	930	6	party	party	NOUN
cjel-11734	930	7	index	index	NOUN
cjel-11734	930	8	providers	provider	NOUN
cjel-11734	930	9	might	might	AUX
cjel-11734	930	10	look	look	VERB
cjel-11734	930	11	to	to	PART
cjel-11734	930	12	point	point	VERB
cjel-11734	930	13	the	the	DET
cjel-11734	930	14	finger	finger	NOUN
cjel-11734	930	15	at	at	ADP
cjel-11734	930	16	issuers	issuer	NOUN
cjel-11734	930	17	,	,	PUNCT
cjel-11734	930	18	they	they	PRON
cjel-11734	930	19	are	be	AUX
cjel-11734	930	20	to	to	PART
cjel-11734	930	21	blame	blame	VERB
cjel-11734	930	22	in	in	ADP
cjel-11734	930	23	part	part	NOUN
cjel-11734	930	24	as	as	ADV
cjel-11734	930	25	well	well	ADV
cjel-11734	930	26	.	.	PUNCT
cjel-11734	931	1	although	although	SCONJ
cjel-11734	931	2	governance	governance	NOUN
cjel-11734	931	3	data	data	NOUN
cjel-11734	931	4	is	be	AUX
cjel-11734	931	5	the	the	DET
cjel-11734	931	6	most	most	ADV
cjel-11734	931	7	reliable	reliable	ADJ
cjel-11734	931	8	of	of	ADP
cjel-11734	931	9	the	the	DET
cjel-11734	931	10	esg	esg	NOUN
cjel-11734	931	11	tripartite,241	tripartite,241	PROPN
cjel-11734	931	12	the	the	DET
cjel-11734	931	13	funds	fund	NOUN
cjel-11734	931	14	sampled	sample	VERB
cjel-11734	931	15	did	do	AUX
cjel-11734	931	16	not	not	PART
cjel-11734	931	17	disclose	disclose	VERB
cjel-11734	931	18	any	any	DET
cjel-11734	931	19	specific	specific	ADJ
cjel-11734	931	20	“	"	PUNCT
cjel-11734	931	21	g	g	NOUN
cjel-11734	931	22	”	"	PUNCT
cjel-11734	931	23	criteria	criterion	NOUN
cjel-11734	931	24	in	in	ADP
cjel-11734	931	25	their	their	PRON
cjel-11734	931	26	summary	summary	NOUN
cjel-11734	931	27	prospectuses	prospectus	NOUN
cjel-11734	931	28	.	.	PUNCT
cjel-11734	932	1	242	242	NUM
cjel-11734	932	2	instead	instead	ADV
cjel-11734	932	3	,	,	PUNCT
cjel-11734	932	4	the	the	DET
cjel-11734	932	5	funds	fund	NOUN
cjel-11734	932	6	focused	focus	VERB
cjel-11734	932	7	primarily	primarily	ADV
cjel-11734	932	8	on	on	ADP
cjel-11734	932	9	“	"	PUNCT
cjel-11734	932	10	e	e	NOUN
cjel-11734	932	11	”	"	PUNCT
cjel-11734	932	12	considerations	consideration	NOUN
cjel-11734	932	13	,	,	PUNCT
cjel-11734	932	14	and	and	CCONJ
cjel-11734	932	15	to	to	ADP
cjel-11734	932	16	a	a	DET
cjel-11734	932	17	lesser	less	ADJ
cjel-11734	932	18	extent	extent	NOUN
cjel-11734	932	19	,	,	PUNCT
cjel-11734	932	20	“	"	PUNCT
cjel-11734	932	21	s	s	X
cjel-11734	932	22	”	"	PUNCT
cjel-11734	932	23	factors	factor	NOUN
cjel-11734	932	24	as	as	SCONJ
cjel-11734	932	25	well.243	well.243	VERB
cjel-11734	932	26	not	not	PART
cjel-11734	932	27	only	only	ADV
cjel-11734	932	28	does	do	AUX
cjel-11734	932	29	this	this	DET
cjel-11734	932	30	call	call	VERB
cjel-11734	932	31	into	into	ADP
cjel-11734	932	32	question	question	NOUN
cjel-11734	932	33	the	the	DET
cjel-11734	932	34	ability	ability	NOUN
cjel-11734	932	35	of	of	ADP
cjel-11734	932	36	the	the	DET
cjel-11734	932	37	funds	fund	NOUN
cjel-11734	932	38	to	to	PART
cjel-11734	932	39	fully	fully	ADV
cjel-11734	932	40	execute	execute	VERB
cjel-11734	932	41	on	on	ADP
cjel-11734	932	42	their	their	PRON
cjel-11734	932	43	stated	state	VERB
cjel-11734	932	44	criteria	criterion	NOUN
cjel-11734	932	45	,	,	PUNCT
cjel-11734	932	46	but	but	CCONJ
cjel-11734	932	47	it	it	PRON
cjel-11734	932	48	also	also	ADV
cjel-11734	932	49	suggests	suggest	VERB
cjel-11734	932	50	that	that	SCONJ
cjel-11734	932	51	the	the	DET
cjel-11734	932	52	esg	esg	PROPN
cjel-11734	932	53	issues	issue	NOUN
cjel-11734	932	54	investors	investor	NOUN
cjel-11734	932	55	care	care	VERB
cjel-11734	932	56	about	about	ADP
cjel-11734	932	57	most—”e	most—”e	NOUN
cjel-11734	932	58	”	"	PUNCT
cjel-11734	932	59	issues	issue	NOUN
cjel-11734	932	60	—	—	PUNCT
cjel-11734	932	61	are	be	AUX
cjel-11734	932	62	the	the	DET
cjel-11734	932	63	ones	one	NOUN
cjel-11734	932	64	funds	fund	NOUN
cjel-11734	932	65	have	have	VERB
cjel-11734	932	66	the	the	DET
cjel-11734	932	67	least	least	ADJ
cjel-11734	932	68	information	information	NOUN
cjel-11734	932	69	about	about	ADP
cjel-11734	932	70	.	.	PUNCT
cjel-11734	933	1	eventually	eventually	ADV
cjel-11734	933	2	,	,	PUNCT
cjel-11734	933	3	the	the	DET
cjel-11734	933	4	sec	sec	PROPN
cjel-11734	933	5	’s	’s	PART
cjel-11734	933	6	landmark	landmark	NOUN
cjel-11734	933	7	proposal	proposal	NOUN
cjel-11734	933	8	in	in	ADP
cjel-11734	933	9	2022	2022	NUM
cjel-11734	933	10	to	to	PART
cjel-11734	933	11	require	require	VERB
cjel-11734	933	12	individual	individual	ADJ
cjel-11734	933	13	securities	security	NOUN
cjel-11734	933	14	to	to	PART
cjel-11734	933	15	disclose	disclose	VERB
cjel-11734	933	16	specific	specific	ADJ
cjel-11734	933	17	climate	climate	NOUN
cjel-11734	933	18	-	-	PUNCT
cjel-11734	933	19	related	relate	VERB
cjel-11734	933	20	information	information	NOUN
cjel-11734	933	21	will	will	AUX
cjel-11734	933	22	trickle	trickle	VERB
cjel-11734	933	23	down	down	ADV
cjel-11734	933	24	and	and	CCONJ
cjel-11734	933	25	improve	improve	VERB
cjel-11734	933	26	the	the	DET
cjel-11734	933	27	quantity	quantity	NOUN
cjel-11734	933	28	and	and	CCONJ
cjel-11734	933	29	quality	quality	NOUN
cjel-11734	933	30	of	of	ADP
cjel-11734	933	31	data	datum	NOUN
cjel-11734	933	32	available	available	ADJ
cjel-11734	933	33	to	to	ADP
cjel-11734	933	34	ratings	rating	NOUN
cjel-11734	933	35	providers	provider	NOUN
cjel-11734	933	36	and	and	CCONJ
cjel-11734	933	37	fund	fund	NOUN
cjel-11734	933	38	managers	manager	NOUN
cjel-11734	933	39	.	.	PUNCT
cjel-11734	934	1	however	however	ADV
cjel-11734	934	2	,	,	PUNCT
cjel-11734	934	3	that	that	DET
cjel-11734	934	4	day	day	NOUN
cjel-11734	934	5	will	will	AUX
cjel-11734	934	6	not	not	PART
cjel-11734	934	7	come	come	VERB
cjel-11734	934	8	soon	soon	ADV
cjel-11734	934	9	.	.	PUNCT
cjel-11734	935	1	the	the	DET
cjel-11734	935	2	sec	sec	PROPN
cjel-11734	935	3	’s	’s	PART
cjel-11734	935	4	proposed	propose	VERB
cjel-11734	935	5	rule	rule	NOUN
cjel-11734	935	6	is	be	AUX
cjel-11734	935	7	intended	intend	VERB
cjel-11734	935	8	to	to	PART
cjel-11734	935	9	be	be	AUX
cjel-11734	935	10	phased	phase	VERB
cjel-11734	935	11	in	in	ADP
cjel-11734	935	12	over	over	ADP
cjel-11734	935	13	a	a	DET
cjel-11734	935	14	period	period	NOUN
cjel-11734	935	15	of	of	ADP
cjel-11734	935	16	several	several	ADJ
cjel-11734	935	17	years.244	years.244	NOUN
cjel-11734	935	18	even	even	ADV
cjel-11734	935	19	assuming	assume	VERB
cjel-11734	935	20	the	the	DET
cjel-11734	935	21	extremely	extremely	ADV
cjel-11734	935	22	unlikely	unlikely	ADJ
cjel-11734	935	23	best	good	ADJ
cjel-11734	935	24	-	-	PUNCT
cjel-11734	935	25	case	case	NOUN
cjel-11734	935	26	scenario	scenario	NOUN
cjel-11734	935	27	at	at	ADP
cjel-11734	935	28	the	the	DET
cjel-11734	935	29	issuer	issuer	ADJ
cjel-11734	935	30	level	level	NOUN
cjel-11734	935	31	of	of	ADP
cjel-11734	935	32	full	full	ADJ
cjel-11734	935	33	compliance	compliance	NOUN
cjel-11734	935	34	and	and	CCONJ
cjel-11734	935	35	no	no	DET
cjel-11734	935	36	litigation	litigation	NOUN
cjel-11734	935	37	challenges245	challenges245	PROPN
cjel-11734	935	38	or	or	CCONJ
cjel-11734	935	39	reversals	reversal	NOUN
cjel-11734	935	40	,	,	PUNCT
cjel-11734	935	41	fund	fund	NOUN
cjel-11734	935	42	providers	provider	NOUN
cjel-11734	935	43	will	will	AUX
cjel-11734	935	44	be	be	AUX
cjel-11734	935	45	unable	unable	ADJ
cjel-11734	935	46	to	to	PART
cjel-11734	935	47	meet	meet	VERB
cjel-11734	935	48	some	some	PRON
cjel-11734	935	49	of	of	ADP
cjel-11734	935	50	the	the	DET
cjel-11734	935	51	sec	sec	PROPN
cjel-11734	935	52	’s	’s	PART
cjel-11734	935	53	proposed	propose	VERB
cjel-11734	935	54	requirements	requirement	NOUN
cjel-11734	935	55	.	.	PUNCT
cjel-11734	936	1	ultimately	ultimately	ADV
cjel-11734	936	2	,	,	PUNCT
cjel-11734	936	3	this	this	DET
cjel-11734	936	4	240	240	NUM
cjel-11734	936	5	.	.	PUNCT
cjel-11734	936	6	esg	esg	PROPN
cjel-11734	936	7	subcomm	subcomm	NOUN
cjel-11734	936	8	.	.	PUNCT
cjel-11734	936	9	,	,	PUNCT
cjel-11734	936	10	sec	sec	PROPN
cjel-11734	936	11	asset	asset	NOUN
cjel-11734	936	12	mgmt	mgmt	PROPN
cjel-11734	936	13	.	.	PUNCT
cjel-11734	937	1	advisory	advisory	ADJ
cjel-11734	937	2	comm	comm	NOUN
cjel-11734	937	3	.	.	PUNCT
cjel-11734	938	1	,	,	PUNCT
cjel-11734	938	2	discussion	discussion	NOUN
cjel-11734	938	3	draft	draft	NOUN
cjel-11734	938	4	:	:	PUNCT
cjel-11734	938	5	potential	potential	ADJ
cjel-11734	938	6	recommendations	recommendation	NOUN
cjel-11734	938	7	of	of	ADP
cjel-11734	938	8	the	the	DET
cjel-11734	938	9	esg	esg	PROPN
cjel-11734	938	10	subcommittee	subcommittee	NOUN
cjel-11734	938	11	4	4	NUM
cjel-11734	938	12	(	(	PUNCT
cjel-11734	938	13	dec	dec	PROPN
cjel-11734	938	14	.	.	PROPN
cjel-11734	938	15	1	1	NUM
cjel-11734	938	16	,	,	PUNCT
cjel-11734	938	17	2020	2020	NUM
cjel-11734	938	18	)	)	PUNCT
cjel-11734	938	19	.	.	PUNCT
cjel-11734	939	1	241	241	X
cjel-11734	939	2	.	.	PUNCT
cjel-11734	940	1	i	i	PRON
cjel-11734	940	2	d.	d.	PROPN
cjel-11734	940	3	242	242	NUM
cjel-11734	940	4	.	.	PUNCT
cjel-11734	941	1	esg	esg	PROPN
cjel-11734	941	2	mutual	mutual	ADJ
cjel-11734	941	3	fund	fund	NOUN
cjel-11734	941	4	and	and	CCONJ
cjel-11734	941	5	etf	etf	NOUN
cjel-11734	941	6	note	note	NOUN
cjel-11734	941	7	data	datum	NOUN
cjel-11734	941	8	(	(	PUNCT
cjel-11734	941	9	on	on	ADP
cjel-11734	941	10	file	file	NOUN
cjel-11734	941	11	with	with	ADP
cjel-11734	941	12	author	author	NOUN
cjel-11734	941	13	)	)	PUNCT
cjel-11734	941	14	.	.	PUNCT
cjel-11734	942	1	243	243	NUM
cjel-11734	942	2	.	.	PUNCT
cjel-11734	943	1	i	i	PRON
cjel-11734	943	2	d.	d.	PROPN
cjel-11734	943	3	244	244	NUM
cjel-11734	943	4	.	.	PUNCT
cjel-11734	944	1	the	the	DET
cjel-11734	944	2	enhancement	enhancement	NOUN
cjel-11734	944	3	and	and	CCONJ
cjel-11734	944	4	standardization	standardization	NOUN
cjel-11734	944	5	of	of	ADP
cjel-11734	944	6	climate	climate	NOUN
cjel-11734	944	7	-	-	PUNCT
cjel-11734	944	8	related	relate	VERB
cjel-11734	944	9	disclosures	disclosure	NOUN
cjel-11734	944	10	for	for	ADP
cjel-11734	944	11	investors	investor	NOUN
cjel-11734	944	12	87	87	NUM
cjel-11734	944	13	fed	fed	PROPN
cjel-11734	944	14	.	.	PUNCT
cjel-11734	945	1	reg	reg	PROPN
cjel-11734	945	2	.	.	PUNCT
cjel-11734	946	1	21334	21334	NUM
cjel-11734	946	2	(	(	PUNCT
cjel-11734	946	3	mar	mar	PROPN
cjel-11734	946	4	.	.	PROPN
cjel-11734	946	5	21	21	NUM
cjel-11734	946	6	,	,	PUNCT
cjel-11734	946	7	2022	2022	NUM
cjel-11734	946	8	)	)	PUNCT
cjel-11734	946	9	(	(	PUNCT
cjel-11734	946	10	codified	codify	VERB
cjel-11734	946	11	at	at	ADP
cjel-11734	946	12	17	17	NUM
cjel-11734	946	13	c.f.r	c.f.r	NOUN
cjel-11734	946	14	.	.	PUNCT
cjel-11734	947	1	§	§	PROPN
cjel-11734	947	2	232.405(f	232.405(f	PROPN
cjel-11734	947	3	)	)	PUNCT
cjel-11734	947	4	(	(	PUNCT
cjel-11734	947	5	2023	2023	NUM
cjel-11734	947	6	)	)	PUNCT
cjel-11734	947	7	)	)	PUNCT
cjel-11734	947	8	.	.	PUNCT
cjel-11734	948	1	245	245	NUM
cjel-11734	948	2	.	.	PUNCT
cjel-11734	949	1	within	within	ADP
cjel-11734	949	2	one	one	NUM
cjel-11734	949	3	day	day	NOUN
cjel-11734	949	4	of	of	ADP
cjel-11734	949	5	the	the	DET
cjel-11734	949	6	proposal	proposal	NOUN
cjel-11734	949	7	’s	’s	PART
cjel-11734	949	8	announcement	announcement	NOUN
cjel-11734	949	9	,	,	PUNCT
cjel-11734	949	10	potential	potential	ADJ
cjel-11734	949	11	litigation	litigation	NOUN
cjel-11734	949	12	disputes	dispute	NOUN
cjel-11734	949	13	were	be	AUX
cjel-11734	949	14	already	already	ADV
cjel-11734	949	15	covered	cover	VERB
cjel-11734	949	16	in	in	ADP
cjel-11734	949	17	the	the	DET
cjel-11734	949	18	media	medium	NOUN
cjel-11734	949	19	.	.	PUNCT
cjel-11734	950	1	see	see	VERB
cjel-11734	950	2	e.g.	e.g.	ADV
cjel-11734	950	3	,	,	PUNCT
cjel-11734	950	4	dan	dan	PROPN
cjel-11734	950	5	papscun	papscun	PROPN
cjel-11734	950	6	,	,	PUNCT
cjel-11734	950	7	sec	sec	PROPN
cjel-11734	950	8	’s	’s	PART
cjel-11734	950	9	climate	climate	NOUN
cjel-11734	950	10	proposal	proposal	NOUN
cjel-11734	950	11	tees	tee	VERB
cjel-11734	950	12	up	up	ADP
cjel-11734	950	13	test	test	NOUN
cjel-11734	950	14	of	of	ADP
cjel-11734	950	15	‘	'	PUNCT
cjel-11734	950	16	material	material	ADJ
cjel-11734	950	17	’	'	PUNCT
cjel-11734	950	18	info	info	NOUN
cjel-11734	950	19	standard	standard	NOUN
cjel-11734	950	20	,	,	PUNCT
cjel-11734	950	21	bloomberg	bloomberg	PROPN
cjel-11734	950	22	l.	l.	PROPN
cjel-11734	950	23	(	(	PUNCT
cjel-11734	950	24	mar	mar	PROPN
cjel-11734	950	25	.	.	PROPN
cjel-11734	950	26	23	23	NUM
cjel-11734	950	27	,	,	PUNCT
cjel-11734	950	28	2022	2022	NUM
cjel-11734	950	29	)	)	PUNCT
cjel-11734	950	30	,	,	PUNCT
cjel-11734	950	31	https://news.bloomberglaw.com/esg/secs-climate-proposal-tees-up-test-of-material-infostandard	https://news.bloomberglaw.com/esg/secs-climate-proposal-tees-up-test-of-material-infostandard	ADV
cjel-11734	951	1	[	[	X
cjel-11734	951	2	https://perma.cc/qym2-uy64	https://perma.cc/qym2-uy64	NOUN
cjel-11734	951	3	]	]	PUNCT
cjel-11734	951	4	.	.	PUNCT
cjel-11734	952	1	2023	2023	NUM
cjel-11734	952	2	]	]	PUNCT
cjel-11734	952	3	green	green	ADJ
cjel-11734	952	4	funds	fund	NOUN
cjel-11734	952	5	in	in	ADP
cjel-11734	952	6	a	a	DET
cjel-11734	952	7	gray	gray	ADJ
cjel-11734	952	8	area	area	NOUN
cjel-11734	952	9	463	463	NUM
cjel-11734	952	10	will	will	AUX
cjel-11734	952	11	force	force	VERB
cjel-11734	952	12	retail	retail	ADJ
cjel-11734	952	13	investors	investor	NOUN
cjel-11734	952	14	to	to	PART
cjel-11734	952	15	continue	continue	VERB
cjel-11734	952	16	to	to	PART
cjel-11734	952	17	fend	fend	VERB
cjel-11734	952	18	for	for	ADP
cjel-11734	952	19	themselves	themselves	PRON
cjel-11734	952	20	for	for	ADP
cjel-11734	952	21	the	the	DET
cjel-11734	952	22	foreseeable	foreseeable	ADJ
cjel-11734	952	23	future	future	NOUN
cjel-11734	952	24	in	in	ADP
cjel-11734	952	25	determining	determine	VERB
cjel-11734	952	26	which	which	DET
cjel-11734	952	27	funds	fund	NOUN
cjel-11734	952	28	match	match	VERB
cjel-11734	952	29	their	their	PRON
cjel-11734	952	30	investing	investing	NOUN
cjel-11734	952	31	objectives	objective	NOUN
cjel-11734	952	32	.	.	PUNCT
cjel-11734	953	1	8	8	X
cjel-11734	953	2	.	.	X
cjel-11734	953	3	reason	reason	NOUN
cjel-11734	953	4	for	for	ADP
cjel-11734	953	5	further	further	ADJ
cjel-11734	953	6	concern	concern	NOUN
cjel-11734	953	7	with	with	ADP
cjel-11734	953	8	overwhelmingly	overwhelmingly	ADV
cjel-11734	953	9	long	long	ADJ
cjel-11734	953	10	documents	document	NOUN
cjel-11734	953	11	,	,	PUNCT
cjel-11734	953	12	pages	page	NOUN
cjel-11734	953	13	of	of	ADP
cjel-11734	953	14	legal	legal	ADJ
cjel-11734	953	15	disclaimers	disclaimer	NOUN
cjel-11734	953	16	,	,	PUNCT
cjel-11734	953	17	confusing	confuse	VERB
cjel-11734	953	18	financial	financial	ADJ
cjel-11734	953	19	jargon	jargon	NOUN
cjel-11734	953	20	,	,	PUNCT
cjel-11734	953	21	and	and	CCONJ
cjel-11734	953	22	varying	vary	VERB
cjel-11734	953	23	industry	industry	NOUN
cjel-11734	953	24	terminology	terminology	NOUN
cjel-11734	953	25	,	,	PUNCT
cjel-11734	953	26	retail	retail	ADJ
cjel-11734	953	27	investors	investor	NOUN
cjel-11734	953	28	face	face	VERB
cjel-11734	953	29	myriad	myriad	ADJ
cjel-11734	953	30	challenges	challenge	NOUN
cjel-11734	953	31	that	that	PRON
cjel-11734	953	32	make	make	VERB
cjel-11734	953	33	it	it	PRON
cjel-11734	953	34	difficult	difficult	ADJ
cjel-11734	953	35	to	to	PART
cjel-11734	953	36	confidently	confidently	ADV
cjel-11734	953	37	ascertain	ascertain	VERB
cjel-11734	953	38	whether	whether	SCONJ
cjel-11734	953	39	a	a	DET
cjel-11734	953	40	nominal	nominal	ADJ
cjel-11734	953	41	esg	esg	PROPN
cjel-11734	953	42	fund	fund	NOUN
cjel-11734	953	43	matches	match	VERB
cjel-11734	953	44	their	their	PRON
cjel-11734	953	45	personal	personal	ADJ
cjel-11734	953	46	esg	esg	PROPN
cjel-11734	953	47	objectives	objective	NOUN
cjel-11734	953	48	.	.	PUNCT
cjel-11734	954	1	the	the	DET
cjel-11734	954	2	above	above	ADJ
cjel-11734	954	3	data	datum	NOUN
cjel-11734	954	4	,	,	PUNCT
cjel-11734	954	5	on	on	ADP
cjel-11734	954	6	its	its	PRON
cjel-11734	954	7	own	own	ADJ
cjel-11734	954	8	,	,	PUNCT
cjel-11734	954	9	raises	raise	VERB
cjel-11734	954	10	several	several	ADJ
cjel-11734	954	11	concerns	concern	NOUN
cjel-11734	954	12	about	about	ADP
cjel-11734	954	13	how	how	SCONJ
cjel-11734	954	14	funds	fund	NOUN
cjel-11734	954	15	managing	manage	VERB
cjel-11734	954	16	over	over	ADP
cjel-11734	954	17	$	$	SYM
cjel-11734	954	18	130	130	NUM
cjel-11734	954	19	billion246	billion246	PROPN
cjel-11734	954	20	in	in	ADP
cjel-11734	954	21	assets	asset	NOUN
cjel-11734	954	22	disclose	disclose	VERB
cjel-11734	954	23	their	their	PRON
cjel-11734	954	24	esg	esg	NOUN
cjel-11734	954	25	strategies	strategy	NOUN
cjel-11734	954	26	.	.	PUNCT
cjel-11734	955	1	even	even	ADV
cjel-11734	955	2	worse	bad	ADJ
cjel-11734	955	3	,	,	PUNCT
cjel-11734	955	4	fund	fund	NOUN
cjel-11734	955	5	practices	practice	NOUN
cjel-11734	955	6	are	be	AUX
cjel-11734	955	7	often	often	ADV
cjel-11734	955	8	inconsistent	inconsistent	ADJ
cjel-11734	955	9	with	with	ADP
cjel-11734	955	10	their	their	PRON
cjel-11734	955	11	own	own	ADJ
cjel-11734	955	12	disclosures	disclosure	NOUN
cjel-11734	955	13	.	.	PUNCT
cjel-11734	956	1	in	in	ADP
cjel-11734	956	2	2021	2021	NUM
cjel-11734	956	3	,	,	PUNCT
cjel-11734	956	4	the	the	DET
cjel-11734	956	5	sec	sec	PROPN
cjel-11734	956	6	staff	staff	NOUN
cjel-11734	956	7	observed	observe	VERB
cjel-11734	956	8	instances	instance	NOUN
cjel-11734	956	9	where	where	SCONJ
cjel-11734	956	10	funds	fund	NOUN
cjel-11734	956	11	did	do	AUX
cjel-11734	956	12	not	not	PART
cjel-11734	956	13	adhere	adhere	VERB
cjel-11734	956	14	to	to	ADP
cjel-11734	956	15	global	global	ADJ
cjel-11734	956	16	esg	esg	PROPN
cjel-11734	956	17	frameworks	framework	NOUN
cjel-11734	956	18	as	as	SCONJ
cjel-11734	956	19	claimed	claim	VERB
cjel-11734	956	20	,	,	PUNCT
cjel-11734	956	21	and	and	CCONJ
cjel-11734	956	22	noted	note	VERB
cjel-11734	956	23	that	that	SCONJ
cjel-11734	956	24	some	some	DET
cjel-11734	956	25	funds	fund	NOUN
cjel-11734	956	26	had	have	VERB
cjel-11734	956	27	holdings	holding	NOUN
cjel-11734	956	28	predominated	predominate	VERB
cjel-11734	956	29	by	by	ADP
cjel-11734	956	30	issuers	issuer	NOUN
cjel-11734	956	31	with	with	ADP
cjel-11734	956	32	low	low	ADJ
cjel-11734	956	33	esg	esg	PROPN
cjel-11734	956	34	scores	score	NOUN
cjel-11734	956	35	where	where	SCONJ
cjel-11734	956	36	such	such	ADJ
cjel-11734	956	37	predominance	predominance	NOUN
cjel-11734	956	38	was	be	AUX
cjel-11734	956	39	inconsistent	inconsistent	ADJ
cjel-11734	956	40	with	with	ADP
cjel-11734	956	41	those	those	DET
cjel-11734	956	42	firms	firm	NOUN
cjel-11734	956	43	’	'	PUNCT
cjel-11734	956	44	stated	state	VERB
cjel-11734	956	45	approaches.247	approaches.247	PROPN
cjel-11734	956	46	the	the	DET
cjel-11734	956	47	sec	sec	PROPN
cjel-11734	956	48	staff	staff	NOUN
cjel-11734	956	49	also	also	ADV
cjel-11734	956	50	identified	identify	VERB
cjel-11734	956	51	“	"	PUNCT
cjel-11734	956	52	unsubstantiated	unsubstantiated	ADJ
cjel-11734	956	53	or	or	CCONJ
cjel-11734	956	54	otherwise	otherwise	ADV
cjel-11734	956	55	potentially	potentially	ADV
cjel-11734	956	56	misleading	misleading	ADJ
cjel-11734	956	57	claims	claim	NOUN
cjel-11734	956	58	regarding	regard	VERB
cjel-11734	956	59	esg	esg	PROPN
cjel-11734	956	60	investing	invest	VERB
cjel-11734	956	61	in	in	ADP
cjel-11734	956	62	a	a	DET
cjel-11734	956	63	variety	variety	NOUN
cjel-11734	956	64	of	of	ADP
cjel-11734	956	65	contexts	contexts	NOUN
cjel-11734	956	66	.	.	PUNCT
cjel-11734	956	67	”248	”248	PUNCT
cjel-11734	957	1	this	this	DET
cjel-11734	957	2	problem	problem	NOUN
cjel-11734	957	3	has	have	AUX
cjel-11734	957	4	continued	continue	VERB
cjel-11734	957	5	into	into	ADP
cjel-11734	957	6	2023,249	2023,249	NUM
cjel-11734	957	7	even	even	ADV
cjel-11734	957	8	after	after	SCONJ
cjel-11734	957	9	the	the	DET
cjel-11734	957	10	sec	sec	PROPN
cjel-11734	957	11	brought	bring	VERB
cjel-11734	957	12	enforcement	enforcement	NOUN
cjel-11734	957	13	actions	action	NOUN
cjel-11734	957	14	against	against	ADP
cjel-11734	957	15	other	other	ADJ
cjel-11734	957	16	fund	fund	NOUN
cjel-11734	957	17	providers.250	providers.250	VERB
cjel-11734	957	18	as	as	SCONJ
cjel-11734	957	19	the	the	DET
cjel-11734	957	20	next	next	ADJ
cjel-11734	957	21	section	section	NOUN
cjel-11734	957	22	will	will	AUX
cjel-11734	957	23	show	show	VERB
cjel-11734	957	24	,	,	PUNCT
cjel-11734	957	25	this	this	DET
cjel-11734	957	26	alarming	alarming	ADJ
cjel-11734	957	27	truth	truth	NOUN
cjel-11734	957	28	is	be	AUX
cjel-11734	957	29	even	even	ADV
cjel-11734	957	30	more	more	ADV
cjel-11734	957	31	troubling	troubling	ADJ
cjel-11734	957	32	when	when	SCONJ
cjel-11734	957	33	reconsidered	reconsider	VERB
cjel-11734	957	34	in	in	ADP
cjel-11734	957	35	light	light	NOUN
cjel-11734	957	36	of	of	ADP
cjel-11734	957	37	insights	insight	NOUN
cjel-11734	957	38	into	into	ADP
cjel-11734	957	39	retail	retail	ADJ
cjel-11734	957	40	investors	investor	NOUN
cjel-11734	957	41	’	’	PART
cjel-11734	957	42	behaviors	behavior	NOUN
cjel-11734	957	43	and	and	CCONJ
cjel-11734	957	44	financial	financial	ADJ
cjel-11734	957	45	literacy	literacy	NOUN
cjel-11734	957	46	.	.	PUNCT
cjel-11734	958	1	b.	b.	PROPN
cjel-11734	959	1	a	a	DET
cjel-11734	959	2	perfect	perfect	ADJ
cjel-11734	959	3	storm	storm	NOUN
cjel-11734	959	4	:	:	PUNCT
cjel-11734	959	5	the	the	DET
cjel-11734	959	6	misalignment	misalignment	NOUN
cjel-11734	959	7	between	between	ADP
cjel-11734	959	8	retail	retail	ADJ
cjel-11734	959	9	investors	investor	NOUN
cjel-11734	959	10	and	and	CCONJ
cjel-11734	959	11	esg	esg	PROPN
cjel-11734	959	12	fund	fund	NOUN
cjel-11734	959	13	disclosures	disclosure	NOUN
cjel-11734	959	14	as	as	ADP
cjel-11734	959	15	part	part	NOUN
cjel-11734	959	16	ii(b	ii(b	PART
cjel-11734	959	17	)	)	PUNCT
cjel-11734	959	18	supra	supra	PROPN
cjel-11734	959	19	discussed	discuss	VERB
cjel-11734	959	20	at	at	ADP
cjel-11734	959	21	length	length	NOUN
cjel-11734	959	22	,	,	PUNCT
cjel-11734	959	23	retail	retail	ADJ
cjel-11734	959	24	investors	investor	NOUN
cjel-11734	959	25	have	have	VERB
cjel-11734	959	26	a	a	DET
cjel-11734	959	27	strong	strong	ADJ
cjel-11734	959	28	interest	interest	NOUN
cjel-11734	959	29	in	in	ADP
cjel-11734	959	30	esg	esg	PROPN
cjel-11734	959	31	investing	investing	NOUN
cjel-11734	959	32	.	.	PUNCT
cjel-11734	960	1	unfortunately	unfortunately	ADV
cjel-11734	960	2	,	,	PUNCT
cjel-11734	960	3	they	they	PRON
cjel-11734	960	4	also	also	ADV
cjel-11734	960	5	have	have	VERB
cjel-11734	960	6	a	a	DET
cjel-11734	960	7	“	"	PUNCT
cjel-11734	960	8	striking	striking	ADJ
cjel-11734	960	9	ability	ability	NOUN
cjel-11734	960	10	to	to	PART
cjel-11734	960	11	do	do	AUX
cjel-11734	960	12	the	the	DET
cjel-11734	960	13	wrong	wrong	ADJ
cjel-11734	960	14	thing	thing	NOUN
cjel-11734	960	15	”	"	PUNCT
cjel-11734	960	16	when	when	SCONJ
cjel-11734	960	17	it	it	PRON
cjel-11734	960	18	comes	come	VERB
cjel-11734	960	19	to	to	ADP
cjel-11734	960	20	making	make	VERB
cjel-11734	960	21	investment	investment	NOUN
cjel-11734	960	22	decisions.251	decisions.251	NOUN
cjel-11734	960	23	much	much	ADJ
cjel-11734	960	24	of	of	ADP
cjel-11734	960	25	investors	investor	NOUN
cjel-11734	960	26	’	’	PART
cjel-11734	960	27	confusion	confusion	NOUN
cjel-11734	960	28	can	can	AUX
cjel-11734	960	29	be	be	AUX
cjel-11734	960	30	explained	explain	VERB
cjel-11734	960	31	by	by	ADP
cjel-11734	960	32	poor	poor	ADJ
cjel-11734	960	33	246	246	NUM
cjel-11734	960	34	.	.	PUNCT
cjel-11734	961	1	esg	esg	PROPN
cjel-11734	961	2	mutual	mutual	ADJ
cjel-11734	961	3	fund	fund	NOUN
cjel-11734	961	4	and	and	CCONJ
cjel-11734	961	5	etf	etf	NOUN
cjel-11734	961	6	note	note	NOUN
cjel-11734	961	7	data	datum	NOUN
cjel-11734	961	8	(	(	PUNCT
cjel-11734	961	9	on	on	ADP
cjel-11734	961	10	file	file	NOUN
cjel-11734	961	11	with	with	ADP
cjel-11734	961	12	author	author	NOUN
cjel-11734	961	13	)	)	PUNCT
cjel-11734	961	14	.	.	PUNCT
cjel-11734	962	1	247	247	NUM
cjel-11734	962	2	.	.	PUNCT
cjel-11734	963	1	sec	sec	PROPN
cjel-11734	963	2	,	,	PUNCT
cjel-11734	963	3	risk	risk	NOUN
cjel-11734	963	4	alert	alert	NOUN
cjel-11734	963	5	:	:	PUNCT
cjel-11734	963	6	the	the	DET
cjel-11734	963	7	division	division	NOUN
cjel-11734	963	8	of	of	ADP
cjel-11734	963	9	examinations	examination	NOUN
cjel-11734	963	10	’	'	PUNCT
cjel-11734	963	11	review	review	NOUN
cjel-11734	963	12	of	of	ADP
cjel-11734	963	13	esg	esg	PROPN
cjel-11734	963	14	investing	invest	VERB
cjel-11734	963	15	4	4	NUM
cjel-11734	963	16	(	(	PUNCT
cjel-11734	963	17	apr	apr	NOUN
cjel-11734	963	18	.	.	NOUN
cjel-11734	963	19	9	9	NUM
cjel-11734	963	20	,	,	PUNCT
cjel-11734	963	21	2021	2021	NUM
cjel-11734	963	22	)	)	PUNCT
cjel-11734	963	23	.	.	PUNCT
cjel-11734	964	1	248	248	NUM
cjel-11734	964	2	.	.	PUNCT
cjel-11734	965	1	i	i	PRON
cjel-11734	965	2	d.	d.	PROPN
cjel-11734	965	3	249	249	NUM
cjel-11734	965	4	.	.	PUNCT
cjel-11734	966	1	see	see	VERB
cjel-11734	966	2	ramonas	ramonas	PROPN
cjel-11734	966	3	,	,	PUNCT
cjel-11734	966	4	supra	supra	PROPN
cjel-11734	966	5	note	note	NOUN
cjel-11734	966	6	23	23	NUM
cjel-11734	966	7	.	.	PUNCT
cjel-11734	967	1	250	250	NUM
cjel-11734	967	2	.	.	PUNCT
cjel-11734	968	1	see	see	VERB
cjel-11734	968	2	ramonas	ramonas	PROPN
cjel-11734	968	3	,	,	PUNCT
cjel-11734	968	4	supra	supra	PROPN
cjel-11734	968	5	note	note	NOUN
cjel-11734	968	6	22	22	NUM
cjel-11734	968	7	.	.	PUNCT
cjel-11734	968	8	251	251	NUM
cjel-11734	968	9	.	.	PUNCT
cjel-11734	969	1	andrea	andrea	PROPN
cjel-11734	969	2	frazzini	frazzini	PROPN
cjel-11734	969	3	&	&	CCONJ
cjel-11734	969	4	owen	owen	PROPN
cjel-11734	969	5	lamont	lamont	PROPN
cjel-11734	969	6	,	,	PUNCT
cjel-11734	969	7	dumb	dumb	ADJ
cjel-11734	969	8	money	money	NOUN
cjel-11734	969	9	:	:	PUNCT
cjel-11734	969	10	mutual	mutual	ADJ
cjel-11734	969	11	fund	fund	NOUN
cjel-11734	969	12	flows	flow	NOUN
cjel-11734	969	13	and	and	CCONJ
cjel-11734	969	14	the	the	DET
cjel-11734	969	15	crosssection	crosssection	NOUN
cjel-11734	969	16	of	of	ADP
cjel-11734	969	17	stock	stock	NOUN
cjel-11734	969	18	returns	return	NOUN
cjel-11734	969	19	,	,	PUNCT
cjel-11734	969	20	88	88	NUM
cjel-11734	969	21	j.	j.	PROPN
cjel-11734	969	22	fin	fin	PROPN
cjel-11734	969	23	.	.	PUNCT
cjel-11734	969	24	econ	econ	PROPN
cjel-11734	969	25	.	.	PUNCT
cjel-11734	969	26	299	299	NUM
cjel-11734	969	27	,	,	PUNCT
cjel-11734	969	28	319	319	NUM
cjel-11734	969	29	(	(	PUNCT
cjel-11734	969	30	2008	2008	NUM
cjel-11734	969	31	)	)	PUNCT
cjel-11734	969	32	.	.	PUNCT
cjel-11734	970	1	464	464	NUM
cjel-11734	970	2	columbia	columbia	PROPN
cjel-11734	970	3	journal	journal	PROPN
cjel-11734	970	4	of	of	ADP
cjel-11734	970	5	environmental	environmental	ADJ
cjel-11734	970	6	law	law	NOUN
cjel-11734	970	7	[	[	X
cjel-11734	970	8	vol.48:2	vol.48:2	NOUN
cjel-11734	970	9	disclosure252	disclosure252	PROPN
cjel-11734	970	10	and	and	CCONJ
cjel-11734	970	11	wrongly	wrongly	ADV
cjel-11734	970	12	held	hold	VERB
cjel-11734	970	13	beliefs.253	beliefs.253	NOUN
cjel-11734	970	14	but	but	CCONJ
cjel-11734	970	15	investors	investor	NOUN
cjel-11734	970	16	are	be	AUX
cjel-11734	970	17	partially	partially	ADV
cjel-11734	970	18	to	to	PART
cjel-11734	970	19	blame	blame	VERB
cjel-11734	970	20	as	as	ADV
cjel-11734	970	21	well	well	ADV
cjel-11734	970	22	:	:	PUNCT
cjel-11734	970	23	they	they	PRON
cjel-11734	970	24	do	do	AUX
cjel-11734	970	25	not	not	PART
cjel-11734	970	26	often	often	ADV
cjel-11734	970	27	consult	consult	VERB
cjel-11734	970	28	disclosures	disclosure	NOUN
cjel-11734	970	29	,	,	PUNCT
cjel-11734	970	30	and	and	CCONJ
cjel-11734	970	31	when	when	SCONJ
cjel-11734	970	32	they	they	PRON
cjel-11734	970	33	do	do	VERB
cjel-11734	970	34	,	,	PUNCT
cjel-11734	970	35	usually	usually	ADV
cjel-11734	970	36	do	do	AUX
cjel-11734	970	37	not	not	PART
cjel-11734	970	38	consider	consider	VERB
cjel-11734	970	39	them	they	PRON
cjel-11734	970	40	in	in	ADP
cjel-11734	970	41	great	great	ADJ
cjel-11734	970	42	depth.254	depth.254	NOUN
cjel-11734	970	43	if	if	SCONJ
cjel-11734	970	44	they	they	PRON
cjel-11734	970	45	did	do	VERB
cjel-11734	970	46	,	,	PUNCT
cjel-11734	970	47	they	they	PRON
cjel-11734	970	48	might	might	AUX
cjel-11734	970	49	identify	identify	VERB
cjel-11734	970	50	the	the	DET
cjel-11734	970	51	esg	esg	PROPN
cjel-11734	970	52	fund	fund	NOUN
cjel-11734	970	53	labeling	labeling	NOUN
cjel-11734	970	54	problem	problem	NOUN
cjel-11734	970	55	highlighted	highlight	VERB
cjel-11734	970	56	in	in	ADP
cjel-11734	970	57	the	the	DET
cjel-11734	970	58	previous	previous	ADJ
cjel-11734	970	59	section	section	NOUN
cjel-11734	970	60	.	.	PUNCT
cjel-11734	971	1	the	the	DET
cjel-11734	971	2	below	below	ADP
cjel-11734	971	3	portion	portion	NOUN
cjel-11734	971	4	explores	explore	VERB
cjel-11734	971	5	investor	investor	NOUN
cjel-11734	971	6	habits	habit	NOUN
cjel-11734	971	7	when	when	SCONJ
cjel-11734	971	8	researching	research	VERB
cjel-11734	971	9	funds	fund	NOUN
cjel-11734	971	10	and	and	CCONJ
cjel-11734	971	11	reading	reading	NOUN
cjel-11734	971	12	disclosures	disclosure	NOUN
cjel-11734	971	13	,	,	PUNCT
cjel-11734	971	14	and	and	CCONJ
cjel-11734	971	15	the	the	DET
cjel-11734	971	16	implications	implication	NOUN
cjel-11734	971	17	of	of	ADP
cjel-11734	971	18	these	these	DET
cjel-11734	971	19	findings	finding	NOUN
cjel-11734	971	20	within	within	ADP
cjel-11734	971	21	the	the	DET
cjel-11734	971	22	esg	esg	PROPN
cjel-11734	971	23	fund	fund	NOUN
cjel-11734	971	24	context	context	NOUN
cjel-11734	971	25	.	.	PUNCT
cjel-11734	972	1	one	one	NUM
cjel-11734	972	2	analyst	analyst	NOUN
cjel-11734	972	3	summarized	summarize	VERB
cjel-11734	972	4	the	the	DET
cjel-11734	972	5	situation	situation	NOUN
cjel-11734	972	6	perfectly	perfectly	ADV
cjel-11734	972	7	:	:	PUNCT
cjel-11734	972	8	“	"	PUNCT
cjel-11734	972	9	most	most	ADJ
cjel-11734	972	10	investors	investor	NOUN
cjel-11734	972	11	do	do	AUX
cjel-11734	972	12	n’t	not	PART
cjel-11734	972	13	spend	spend	VERB
cjel-11734	972	14	a	a	DET
cjel-11734	972	15	lot	lot	NOUN
cjel-11734	972	16	of	of	ADP
cjel-11734	972	17	time	time	NOUN
cjel-11734	972	18	looking	look	VERB
cjel-11734	972	19	under	under	ADP
cjel-11734	972	20	the	the	DET
cjel-11734	972	21	hood	hood	NOUN
cjel-11734	972	22	.	.	PUNCT
cjel-11734	973	1	but	but	CCONJ
cjel-11734	973	2	.	.	PUNCT
cjel-11734	973	3	.	.	PUNCT
cjel-11734	974	1	.	.	PUNCT
cjel-11734	975	1	if	if	SCONJ
cjel-11734	975	2	more	more	ADJ
cjel-11734	975	3	knew	know	VERB
cjel-11734	975	4	that	that	SCONJ
cjel-11734	975	5	[	[	X
cjel-11734	975	6	esg	esg	NOUN
cjel-11734	975	7	funds	fund	NOUN
cjel-11734	975	8	]	]	PUNCT
cjel-11734	975	9	were	be	AUX
cjel-11734	975	10	in	in	ADP
cjel-11734	975	11	fossil	fossil	ADJ
cjel-11734	975	12	fuels	fuel	NOUN
cjel-11734	975	13	,	,	PUNCT
cjel-11734	975	14	they	they	PRON
cjel-11734	975	15	’d	’d	AUX
cjel-11734	975	16	think	think	VERB
cjel-11734	975	17	twice	twice	ADV
cjel-11734	975	18	.	.	PUNCT
cjel-11734	975	19	”255	”255	PRON
cjel-11734	976	1	while	while	SCONJ
cjel-11734	976	2	the	the	DET
cjel-11734	976	3	specifics	specific	NOUN
cjel-11734	976	4	of	of	ADP
cjel-11734	976	5	a	a	DET
cjel-11734	976	6	fund	fund	NOUN
cjel-11734	976	7	’s	’s	PART
cjel-11734	976	8	investment	investment	NOUN
cjel-11734	976	9	strategy	strategy	NOUN
cjel-11734	976	10	can	can	AUX
cjel-11734	976	11	be	be	AUX
cjel-11734	976	12	found	find	VERB
cjel-11734	976	13	in	in	ADP
cjel-11734	976	14	its	its	PRON
cjel-11734	976	15	prospectus	prospectus	NOUN
cjel-11734	976	16	,	,	PUNCT
cjel-11734	976	17	summary	summary	NOUN
cjel-11734	976	18	prospectus	prospectus	NOUN
cjel-11734	976	19	,	,	PUNCT
cjel-11734	976	20	annual	annual	ADJ
cjel-11734	976	21	reports	report	NOUN
cjel-11734	976	22	,	,	PUNCT
cjel-11734	976	23	or	or	CCONJ
cjel-11734	976	24	statement	statement	NOUN
cjel-11734	976	25	of	of	ADP
cjel-11734	976	26	additional	additional	ADJ
cjel-11734	976	27	information	information	NOUN
cjel-11734	976	28	,	,	PUNCT
cjel-11734	976	29	investors	investor	NOUN
cjel-11734	976	30	admittedly	admittedly	ADV
cjel-11734	976	31	do	do	AUX
cjel-11734	976	32	not	not	PART
cjel-11734	976	33	always	always	ADV
cjel-11734	976	34	read	read	VERB
cjel-11734	976	35	or	or	CCONJ
cjel-11734	976	36	comprehend	comprehend	VERB
cjel-11734	976	37	such	such	ADJ
cjel-11734	976	38	materials	material	NOUN
cjel-11734	976	39	;	;	PUNCT
cjel-11734	976	40	several	several	ADJ
cjel-11734	976	41	investors	investor	NOUN
cjel-11734	976	42	surveyed	survey	VERB
cjel-11734	976	43	stated	state	VERB
cjel-11734	976	44	they	they	PRON
cjel-11734	976	45	do	do	AUX
cjel-11734	976	46	not	not	PART
cjel-11734	976	47	review	review	VERB
cjel-11734	976	48	funds	fund	NOUN
cjel-11734	976	49	’	'	PUNCT
cjel-11734	976	50	disclosure	disclosure	NOUN
cjel-11734	976	51	materials	material	NOUN
cjel-11734	976	52	at	at	ADP
cjel-11734	976	53	all.256	all.256	PROPN
cjel-11734	976	54	one	one	NUM
cjel-11734	976	55	study	study	NOUN
cjel-11734	976	56	showed	show	VERB
cjel-11734	976	57	that	that	SCONJ
cjel-11734	976	58	37	37	NUM
cjel-11734	976	59	%	%	NOUN
cjel-11734	976	60	of	of	ADP
cjel-11734	976	61	investors	investor	NOUN
cjel-11734	976	62	review	review	VERB
cjel-11734	976	63	fund	fund	NOUN
cjel-11734	976	64	disclosures	disclosure	NOUN
cjel-11734	976	65	“	"	PUNCT
cjel-11734	976	66	some	some	PRON
cjel-11734	976	67	of	of	ADP
cjel-11734	976	68	the	the	DET
cjel-11734	976	69	time	time	NOUN
cjel-11734	976	70	,	,	PUNCT
cjel-11734	976	71	”	"	PUNCT
cjel-11734	976	72	and	and	CCONJ
cjel-11734	976	73	12	12	NUM
cjel-11734	976	74	%	%	NOUN
cjel-11734	976	75	“	"	PUNCT
cjel-11734	976	76	never	never	ADV
cjel-11734	976	77	”	"	PUNCT
cjel-11734	976	78	do.257	do.257	VERB
cjel-11734	976	79	retail	retail	ADJ
cjel-11734	976	80	investors	investor	NOUN
cjel-11734	976	81	prefer	prefer	VERB
cjel-11734	976	82	visual	visual	ADJ
cjel-11734	976	83	aids	aid	NOUN
cjel-11734	976	84	,	,	PUNCT
cjel-11734	976	85	like	like	ADP
cjel-11734	976	86	graphs	graph	NOUN
cjel-11734	976	87	and	and	CCONJ
cjel-11734	976	88	charts	chart	NOUN
cjel-11734	976	89	:	:	PUNCT
cjel-11734	976	90	respondents	respondent	NOUN
cjel-11734	976	91	said	say	VERB
cjel-11734	976	92	they	they	PRON
cjel-11734	976	93	tend	tend	VERB
cjel-11734	976	94	to	to	PART
cjel-11734	976	95	skip	skip	VERB
cjel-11734	976	96	over	over	ADP
cjel-11734	976	97	the	the	DET
cjel-11734	976	98	long	long	ADJ
cjel-11734	976	99	verbiage	verbiage	NOUN
cjel-11734	976	100	and	and	CCONJ
cjel-11734	976	101	legalese	legalese	NOUN
cjel-11734	976	102	,	,	PUNCT
cjel-11734	976	103	such	such	ADJ
cjel-11734	976	104	as	as	ADP
cjel-11734	976	105	the	the	DET
cjel-11734	976	106	type	type	NOUN
cjel-11734	976	107	highlighted	highlight	VERB
cjel-11734	976	108	in	in	ADP
cjel-11734	976	109	susl	susl	NOUN
cjel-11734	976	110	’s	’s	PART
cjel-11734	976	111	summary	summary	NOUN
cjel-11734	976	112	prospectus	prospectus	NOUN
cjel-11734	976	113	,	,	PUNCT
cjel-11734	976	114	supra	supra	ADJ
cjel-11734	976	115	part	part	NOUN
cjel-11734	976	116	iii(a)(3).258	iii(a)(3).258	ADV
cjel-11734	976	117	of	of	ADP
cjel-11734	976	118	what	what	PRON
cjel-11734	976	119	investors	investor	NOUN
cjel-11734	976	120	do	do	AUX
cjel-11734	976	121	read	read	VERB
cjel-11734	976	122	,	,	PUNCT
cjel-11734	976	123	they	they	PRON
cjel-11734	976	124	mostly	mostly	ADV
cjel-11734	976	125	focus	focus	VERB
cjel-11734	976	126	252	252	NUM
cjel-11734	976	127	.	.	PUNCT
cjel-11734	977	1	daniel	daniel	PROPN
cjel-11734	977	2	esty	esty	PROPN
cjel-11734	977	3	&	&	CCONJ
cjel-11734	977	4	quentin	quentin	PROPN
cjel-11734	977	5	karpilow	karpilow	PROPN
cjel-11734	977	6	,	,	PUNCT
cjel-11734	977	7	harnessing	harness	VERB
cjel-11734	977	8	investor	investor	NOUN
cjel-11734	977	9	interest	interest	NOUN
cjel-11734	977	10	in	in	ADP
cjel-11734	977	11	sustainability	sustainability	NOUN
cjel-11734	977	12	:	:	PUNCT
cjel-11734	977	13	the	the	DET
cjel-11734	977	14	next	next	ADJ
cjel-11734	977	15	frontier	frontier	NOUN
cjel-11734	977	16	in	in	ADP
cjel-11734	977	17	environmental	environmental	ADJ
cjel-11734	977	18	information	information	NOUN
cjel-11734	977	19	regulation	regulation	NOUN
cjel-11734	977	20	,	,	PUNCT
cjel-11734	977	21	36	36	NUM
cjel-11734	977	22	y.	y.	PROPN
cjel-11734	977	23	j.	j.	PROPN
cjel-11734	977	24	reg	reg	PROPN
cjel-11734	977	25	.	.	PROPN
cjel-11734	977	26	625	625	NUM
cjel-11734	977	27	,	,	PUNCT
cjel-11734	977	28	656	656	NUM
cjel-11734	977	29	(	(	PUNCT
cjel-11734	977	30	2019	2019	NUM
cjel-11734	977	31	)	)	PUNCT
cjel-11734	977	32	(	(	PUNCT
cjel-11734	977	33	“	"	PUNCT
cjel-11734	977	34	[	[	X
cjel-11734	977	35	i]t	i]t	NOUN
cjel-11734	977	36	borders	border	NOUN
cjel-11734	977	37	on	on	ADP
cjel-11734	977	38	tautological	tautological	ADJ
cjel-11734	977	39	to	to	PART
cjel-11734	977	40	note	note	VERB
cjel-11734	977	41	that	that	SCONJ
cjel-11734	977	42	investors	investor	NOUN
cjel-11734	977	43	’	’	PART
cjel-11734	977	44	knowledge	knowledge	NOUN
cjel-11734	977	45	of	of	ADP
cjel-11734	977	46	esg	esg	PROPN
cjel-11734	977	47	issues	issue	NOUN
cjel-11734	977	48	depends	depend	VERB
cjel-11734	977	49	on	on	ADP
cjel-11734	977	50	their	their	PRON
cjel-11734	977	51	access	access	NOUN
cjel-11734	977	52	to	to	ADP
cjel-11734	977	53	esg	esg	PROPN
cjel-11734	977	54	information	information	NOUN
cjel-11734	977	55	.	.	PUNCT
cjel-11734	978	1	accordingly	accordingly	ADV
cjel-11734	978	2	,	,	PUNCT
cjel-11734	978	3	making	make	VERB
cjel-11734	978	4	sustainability	sustainability	NOUN
cjel-11734	978	5	data	datum	NOUN
cjel-11734	978	6	more	more	ADV
cjel-11734	978	7	useable	useable	ADJ
cjel-11734	978	8	and	and	CCONJ
cjel-11734	978	9	more	more	ADV
cjel-11734	978	10	relevant	relevant	ADJ
cjel-11734	978	11	to	to	PART
cjel-11734	978	12	mainstream	mainstream	VERB
cjel-11734	978	13	investors	investor	NOUN
cjel-11734	978	14	will	will	AUX
cjel-11734	978	15	help	help	VERB
cjel-11734	978	16	increase	increase	VERB
cjel-11734	978	17	the	the	DET
cjel-11734	978	18	investor	investor	NOUN
cjel-11734	978	19	community	community	NOUN
cjel-11734	978	20	’s	’s	PART
cjel-11734	978	21	exposure	exposure	NOUN
cjel-11734	978	22	to	to	ADP
cjel-11734	978	23	,	,	PUNCT
cjel-11734	978	24	and	and	CCONJ
cjel-11734	978	25	understanding	understanding	NOUN
cjel-11734	978	26	of	of	ADP
cjel-11734	978	27	,	,	PUNCT
cjel-11734	978	28	sustainable	sustainable	ADJ
cjel-11734	978	29	investing	investing	NOUN
cjel-11734	978	30	.	.	PUNCT
cjel-11734	978	31	”	"	PUNCT
cjel-11734	978	32	)	)	PUNCT
cjel-11734	978	33	.	.	PUNCT
cjel-11734	979	1	253	253	NUM
cjel-11734	979	2	.	.	PUNCT
cjel-11734	980	1	notably	notably	ADV
cjel-11734	980	2	,	,	PUNCT
cjel-11734	980	3	one	one	NUM
cjel-11734	980	4	-	-	PUNCT
cjel-11734	980	5	fourth	fourth	NOUN
cjel-11734	980	6	to	to	PART
cjel-11734	980	7	one	one	NUM
cjel-11734	980	8	-	-	PUNCT
cjel-11734	980	9	third	third	NOUN
cjel-11734	980	10	of	of	ADP
cjel-11734	980	11	investors	investor	NOUN
cjel-11734	980	12	believe	believe	VERB
cjel-11734	980	13	that	that	SCONJ
cjel-11734	980	14	esg	esg	PROPN
cjel-11734	980	15	investing	investing	NOUN
cjel-11734	980	16	is	be	AUX
cjel-11734	980	17	limited	limit	VERB
cjel-11734	980	18	to	to	ADP
cjel-11734	980	19	traditional	traditional	ADJ
cjel-11734	980	20	exclusionary	exclusionary	ADJ
cjel-11734	980	21	screening	screening	NOUN
cjel-11734	980	22	.	.	PUNCT
cjel-11734	981	1	this	this	DET
cjel-11734	981	2	misperception	misperception	NOUN
cjel-11734	981	3	was	be	AUX
cjel-11734	981	4	most	most	ADV
cjel-11734	981	5	prevalent	prevalent	ADJ
cjel-11734	981	6	amongst	amongst	ADP
cjel-11734	981	7	the	the	DET
cjel-11734	981	8	retail	retail	ADJ
cjel-11734	981	9	investor	investor	NOUN
cjel-11734	981	10	community	community	NOUN
cjel-11734	981	11	.	.	PUNCT
cjel-11734	982	1	cfa	cfa	PROPN
cjel-11734	982	2	institute	institute	PROPN
cjel-11734	982	3	&	&	CCONJ
cjel-11734	982	4	principles	principle	NOUN
cjel-11734	982	5	for	for	ADP
cjel-11734	982	6	responsible	responsible	ADJ
cjel-11734	982	7	investment	investment	NOUN
cjel-11734	982	8	,	,	PUNCT
cjel-11734	982	9	esg	esg	NOUN
cjel-11734	982	10	integration	integration	NOUN
cjel-11734	982	11	in	in	ADP
cjel-11734	982	12	the	the	DET
cjel-11734	982	13	americas	america	NOUN
cjel-11734	982	14	:	:	PUNCT
cjel-11734	982	15	markets	market	NOUN
cjel-11734	982	16	,	,	PUNCT
cjel-11734	982	17	practices	practice	NOUN
cjel-11734	982	18	,	,	PUNCT
cjel-11734	982	19	and	and	CCONJ
cjel-11734	982	20	data	datum	NOUN
cjel-11734	982	21	59	59	NUM
cjel-11734	982	22	,	,	PUNCT
cjel-11734	982	23	69	69	NUM
cjel-11734	982	24	(	(	PUNCT
cjel-11734	982	25	2018	2018	NUM
cjel-11734	982	26	)	)	PUNCT
cjel-11734	982	27	.	.	PUNCT
cjel-11734	983	1	254	254	NUM
cjel-11734	983	2	.	.	PUNCT
cjel-11734	984	1	see	see	VERB
cjel-11734	984	2	,	,	PUNCT
cjel-11734	984	3	e.g.	e.g.	ADV
cjel-11734	984	4	,	,	PUNCT
cjel-11734	984	5	letter	letter	NOUN
cjel-11734	984	6	from	from	ADP
cjel-11734	984	7	charles	charles	PROPN
cjel-11734	984	8	v.	v.	PROPN
cjel-11734	984	9	callan	callan	PROPN
cjel-11734	984	10	,	,	PUNCT
cjel-11734	984	11	svp	svp	PROPN
cjel-11734	984	12	regulatory	regulatory	PROPN
cjel-11734	984	13	affairs	affairs	PROPN
cjel-11734	984	14	,	,	PUNCT
cjel-11734	984	15	broadridge	broadridge	VERB
cjel-11734	984	16	financial	financial	ADJ
cjel-11734	984	17	solutions	solution	NOUN
cjel-11734	984	18	,	,	PUNCT
cjel-11734	984	19	inc	inc	PROPN
cjel-11734	984	20	.	.	PROPN
cjel-11734	984	21	,	,	PUNCT
cjel-11734	984	22	to	to	ADP
cjel-11734	984	23	mr	mr	PROPN
cjel-11734	984	24	.	.	PROPN
cjel-11734	984	25	brent	brent	PROPN
cjel-11734	984	26	j.	j.	PROPN
cjel-11734	984	27	fields	fields	PROPN
cjel-11734	984	28	,	,	PUNCT
cjel-11734	984	29	sec’y	sec’y	NUM
cjel-11734	984	30	sec	sec	PROPN
cjel-11734	984	31	3	3	NUM
cjel-11734	984	32	,	,	PUNCT
cjel-11734	984	33	44	44	NUM
cjel-11734	984	34	(	(	PUNCT
cjel-11734	984	35	oct	oct	PROPN
cjel-11734	984	36	.	.	PROPN
cjel-11734	984	37	31	31	NUM
cjel-11734	984	38	,	,	PUNCT
cjel-11734	984	39	2018	2018	NUM
cjel-11734	984	40	)	)	PUNCT
cjel-11734	984	41	,	,	PUNCT
cjel-11734	984	42	https://www.sec.gov/comments/s7-12-18/s71218-4595392-176342.pdf	https://www.sec.gov/comments/s7-12-18/s71218-4595392-176342.pdf	PROPN
cjel-11734	985	1	[	[	X
cjel-11734	985	2	https://perma.cc/39gw-axv8	https://perma.cc/39gw-axv8	NOUN
cjel-11734	985	3	]	]	PUNCT
cjel-11734	985	4	.	.	PUNCT
cjel-11734	986	1	255	255	NUM
cjel-11734	986	2	.	.	PUNCT
cjel-11734	987	1	akane	akane	NOUN
cjel-11734	987	2	otani	otani	PROPN
cjel-11734	987	3	,	,	PUNCT
cjel-11734	987	4	esg	esg	PROPN
cjel-11734	987	5	funds	fund	NOUN
cjel-11734	987	6	enjoy	enjoy	VERB
cjel-11734	987	7	record	record	NOUN
cjel-11734	987	8	inflows	inflow	NOUN
cjel-11734	987	9	,	,	PUNCT
cjel-11734	987	10	still	still	ADV
cjel-11734	987	11	back	back	VERB
cjel-11734	987	12	big	big	ADJ
cjel-11734	987	13	oil	oil	NOUN
cjel-11734	987	14	and	and	CCONJ
cjel-11734	987	15	gas	gas	NOUN
cjel-11734	987	16	,	,	PUNCT
cjel-11734	987	17	the	the	DET
cjel-11734	987	18	wall	wall	PROPN
cjel-11734	987	19	st	st	PROPN
cjel-11734	987	20	.	.	PROPN
cjel-11734	987	21	j.	j.	PROPN
cjel-11734	987	22	,	,	PUNCT
cjel-11734	987	23	(	(	PUNCT
cjel-11734	987	24	nov	nov	PROPN
cjel-11734	987	25	.	.	PROPN
cjel-11734	987	26	11	11	NUM
cjel-11734	987	27	,	,	PUNCT
cjel-11734	987	28	2019	2019	NUM
cjel-11734	987	29	)	)	PUNCT
cjel-11734	987	30	,	,	PUNCT
cjel-11734	987	31	https://www.wsj.com/articles/top-esg-funds-are-all-still-invested-in-oil-andgas-companies-11573468200	https://www.wsj.com/articles/top-esg-funds-are-all-still-invested-in-oil-andgas-companies-11573468200	X
cjel-11734	988	1	[	[	X
cjel-11734	988	2	https://perma.cc/kq8h-al7u	https://perma.cc/kq8h-al7u	X
cjel-11734	988	3	]	]	X
cjel-11734	988	4	.	.	PUNCT
cjel-11734	989	1	256	256	NUM
cjel-11734	989	2	.	.	NUM
cjel-11734	989	3	tailored	tailor	VERB
cjel-11734	989	4	shareholder	shareholder	NOUN
cjel-11734	989	5	reports	report	NOUN
cjel-11734	989	6	,	,	PUNCT
cjel-11734	989	7	treatment	treatment	NOUN
cjel-11734	989	8	of	of	ADP
cjel-11734	989	9	annual	annual	ADJ
cjel-11734	989	10	prospectus	prospectus	NOUN
cjel-11734	989	11	updates	update	NOUN
cjel-11734	989	12	for	for	ADP
cjel-11734	989	13	existing	exist	VERB
cjel-11734	989	14	investors	investor	NOUN
cjel-11734	989	15	,	,	PUNCT
cjel-11734	989	16	and	and	CCONJ
cjel-11734	989	17	improved	improved	ADJ
cjel-11734	989	18	fee	fee	NOUN
cjel-11734	989	19	and	and	CCONJ
cjel-11734	989	20	risk	risk	NOUN
cjel-11734	989	21	disclosure	disclosure	NOUN
cjel-11734	989	22	for	for	ADP
cjel-11734	989	23	mutual	mutual	ADJ
cjel-11734	989	24	funds	fund	NOUN
cjel-11734	989	25	and	and	CCONJ
cjel-11734	989	26	exchange	exchange	NOUN
cjel-11734	989	27	-	-	PUNCT
cjel-11734	989	28	traded	trade	VERB
cjel-11734	989	29	funds	fund	NOUN
cjel-11734	989	30	;	;	PUNCT
cjel-11734	989	31	fee	fee	NOUN
cjel-11734	989	32	information	information	NOUN
cjel-11734	989	33	in	in	ADP
cjel-11734	989	34	investment	investment	NOUN
cjel-11734	989	35	company	company	NOUN
cjel-11734	989	36	advertisements	advertisement	NOUN
cjel-11734	989	37	,	,	PUNCT
cjel-11734	989	38	87	87	NUM
cjel-11734	989	39	fed	fed	PROPN
cjel-11734	989	40	.	.	PUNCT
cjel-11734	990	1	reg	reg	PROPN
cjel-11734	990	2	.	.	PUNCT
cjel-11734	991	1	72758	72758	NUM
cjel-11734	991	2	(	(	PUNCT
cjel-11734	991	3	aug	aug	PROPN
cjel-11734	991	4	.	.	PROPN
cjel-11734	991	5	5	5	NUM
cjel-11734	991	6	,	,	PUNCT
cjel-11734	991	7	2020	2020	NUM
cjel-11734	991	8	)	)	PUNCT
cjel-11734	991	9	(	(	PUNCT
cjel-11734	991	10	to	to	PART
cjel-11734	991	11	be	be	AUX
cjel-11734	991	12	codified	codify	VERB
cjel-11734	991	13	in	in	ADP
cjel-11734	991	14	17	17	NUM
cjel-11734	991	15	c.f.r	c.f.r	NOUN
cjel-11734	991	16	.	.	PUNCT
cjel-11734	992	1	§	§	PROPN
cjel-11734	992	2	§	§	PROPN
cjel-11734	992	3	200	200	NUM
cjel-11734	992	4	,	,	PUNCT
cjel-11734	992	5	230	230	NUM
cjel-11734	992	6	,	,	PUNCT
cjel-11734	992	7	232	232	NUM
cjel-11734	992	8	,	,	PUNCT
cjel-11734	992	9	239	239	NUM
cjel-11734	992	10	,	,	PUNCT
cjel-11734	992	11	249	249	NUM
cjel-11734	992	12	,	,	PUNCT
cjel-11734	992	13	270	270	NUM
cjel-11734	992	14	,	,	PUNCT
cjel-11734	992	15	and	and	CCONJ
cjel-11734	992	16	274	274	NUM
cjel-11734	992	17	)	)	PUNCT
cjel-11734	992	18	.	.	PUNCT
cjel-11734	993	1	257	257	NUM
cjel-11734	993	2	.	.	X
cjel-11734	993	3	letter	letter	NOUN
cjel-11734	993	4	from	from	ADP
cjel-11734	993	5	charles	charles	PROPN
cjel-11734	993	6	v.	v.	ADP
cjel-11734	993	7	callan	callan	PROPN
cjel-11734	993	8	,	,	PUNCT
cjel-11734	993	9	supra	supra	PROPN
cjel-11734	993	10	note	note	PROPN
cjel-11734	993	11	254	254	NUM
cjel-11734	993	12	,	,	PUNCT
cjel-11734	993	13	at	at	ADP
cjel-11734	993	14	3	3	NUM
cjel-11734	993	15	.	.	NOUN
cjel-11734	993	16	258	258	NUM
cjel-11734	993	17	.	.	PUNCT
cjel-11734	994	1	as	as	ADP
cjel-11734	994	2	supra	supra	PROPN
cjel-11734	994	3	part	part	PROPN
cjel-11734	994	4	iii(a	iii(a	PROPN
cjel-11734	994	5	)	)	PUNCT
cjel-11734	994	6	demonstrated	demonstrate	VERB
cjel-11734	994	7	,	,	PUNCT
cjel-11734	994	8	no	no	DET
cjel-11734	994	9	funds	fund	NOUN
cjel-11734	994	10	incorporated	incorporate	VERB
cjel-11734	994	11	the	the	DET
cjel-11734	994	12	visual	visual	ADJ
cjel-11734	994	13	aids	aid	NOUN
cjel-11734	994	14	and	and	CCONJ
cjel-11734	994	15	charts	chart	NOUN
cjel-11734	994	16	respondents	respondent	NOUN
cjel-11734	994	17	preferred	prefer	VERB
cjel-11734	994	18	,	,	PUNCT
cjel-11734	994	19	and	and	CCONJ
cjel-11734	994	20	all	all	PRON
cjel-11734	994	21	exclusively	exclusively	ADV
cjel-11734	994	22	included	include	VERB
cjel-11734	994	23	long	long	ADJ
cjel-11734	994	24	verbiage	verbiage	NOUN
cjel-11734	994	25	and	and	CCONJ
cjel-11734	994	26	legalese	legalese	NOUN
cjel-11734	994	27	.	.	PUNCT
cjel-11734	995	1	2023	2023	NUM
cjel-11734	995	2	]	]	PUNCT
cjel-11734	995	3	green	green	ADJ
cjel-11734	995	4	funds	fund	NOUN
cjel-11734	995	5	in	in	ADP
cjel-11734	995	6	a	a	DET
cjel-11734	995	7	gray	gray	ADJ
cjel-11734	995	8	area	area	NOUN
cjel-11734	995	9	465	465	NUM
cjel-11734	995	10	on	on	ADP
cjel-11734	995	11	the	the	DET
cjel-11734	995	12	fund	fund	NOUN
cjel-11734	995	13	’s	’s	PART
cjel-11734	995	14	performance	performance	NOUN
cjel-11734	995	15	and	and	CCONJ
cjel-11734	995	16	the	the	DET
cjel-11734	995	17	portfolio	portfolio	NOUN
cjel-11734	995	18	’s	’s	PART
cjel-11734	995	19	holdings.259	holdings.259	NOUN
cjel-11734	995	20	neither	neither	PRON
cjel-11734	995	21	of	of	ADP
cjel-11734	995	22	these	these	DET
cjel-11734	995	23	categories	category	NOUN
cjel-11734	995	24	addresses	address	VERB
cjel-11734	995	25	the	the	DET
cjel-11734	995	26	fund	fund	NOUN
cjel-11734	995	27	’s	’s	PART
cjel-11734	995	28	esg	esg	PROPN
cjel-11734	995	29	criteria	criterion	NOUN
cjel-11734	995	30	,	,	PUNCT
cjel-11734	995	31	and	and	CCONJ
cjel-11734	995	32	the	the	DET
cjel-11734	995	33	latter	latter	ADJ
cjel-11734	995	34	is	be	AUX
cjel-11734	995	35	not	not	PART
cjel-11734	995	36	even	even	ADV
cjel-11734	995	37	required	require	VERB
cjel-11734	995	38	to	to	PART
cjel-11734	995	39	appear	appear	VERB
cjel-11734	995	40	in	in	ADP
cjel-11734	995	41	a	a	DET
cjel-11734	995	42	summary	summary	NOUN
cjel-11734	995	43	prospectus	prospectus	NOUN
cjel-11734	995	44	.	.	PUNCT
cjel-11734	996	1	as	as	SCONJ
cjel-11734	996	2	seen	see	VERB
cjel-11734	996	3	in	in	ADP
cjel-11734	996	4	part	part	NOUN
cjel-11734	996	5	iii(a	iii(a	PROPN
cjel-11734	996	6	)	)	PUNCT
cjel-11734	996	7	,	,	PUNCT
cjel-11734	996	8	funds	fund	NOUN
cjel-11734	996	9	normally	normally	ADV
cjel-11734	996	10	place	place	VERB
cjel-11734	996	11	information	information	NOUN
cjel-11734	996	12	regarding	regard	VERB
cjel-11734	996	13	their	their	PRON
cjel-11734	996	14	esg	esg	NOUN
cjel-11734	996	15	strategy	strategy	NOUN
cjel-11734	996	16	in	in	ADP
cjel-11734	996	17	the	the	DET
cjel-11734	996	18	principal	principal	ADJ
cjel-11734	996	19	investment	investment	NOUN
cjel-11734	996	20	strategies	strategy	NOUN
cjel-11734	996	21	section	section	NOUN
cjel-11734	996	22	.	.	PUNCT
cjel-11734	997	1	however	however	ADV
cjel-11734	997	2	,	,	PUNCT
cjel-11734	997	3	those	those	PRON
cjel-11734	997	4	are	be	AUX
cjel-11734	997	5	not	not	PART
cjel-11734	997	6	widely	widely	ADV
cjel-11734	997	7	consulted	consult	VERB
cjel-11734	997	8	:	:	PUNCT
cjel-11734	997	9	only	only	ADV
cjel-11734	997	10	21	21	NUM
cjel-11734	997	11	%	%	NOUN
cjel-11734	997	12	of	of	ADP
cjel-11734	997	13	investors	investor	NOUN
cjel-11734	997	14	“	"	PUNCT
cjel-11734	997	15	always	always	ADV
cjel-11734	997	16	”	"	PUNCT
cjel-11734	997	17	review	review	VERB
cjel-11734	997	18	the	the	DET
cjel-11734	997	19	fund	fund	NOUN
cjel-11734	997	20	’s	’s	PART
cjel-11734	997	21	investment	investment	NOUN
cjel-11734	997	22	strategy	strategy	NOUN
cjel-11734	997	23	and	and	CCONJ
cjel-11734	997	24	objective	objective	NOUN
cjel-11734	997	25	,	,	PUNCT
cjel-11734	997	26	whereas	whereas	SCONJ
cjel-11734	997	27	34	34	NUM
cjel-11734	997	28	%	%	NOUN
cjel-11734	997	29	and	and	CCONJ
cjel-11734	997	30	32	32	NUM
cjel-11734	997	31	%	%	NOUN
cjel-11734	997	32	review	review	VERB
cjel-11734	997	33	those	those	DET
cjel-11734	997	34	two	two	NUM
cjel-11734	997	35	respective	respective	ADJ
cjel-11734	997	36	categories	category	NOUN
cjel-11734	997	37	“	"	PUNCT
cjel-11734	997	38	most	most	ADJ
cjel-11734	997	39	of	of	ADP
cjel-11734	997	40	the	the	DET
cjel-11734	997	41	time	time	NOUN
cjel-11734	997	42	.	.	PUNCT
cjel-11734	997	43	”260	”260	PUNCT
cjel-11734	998	1	after	after	ADP
cjel-11734	998	2	reading	read	VERB
cjel-11734	998	3	part	part	NOUN
cjel-11734	998	4	iii(a	iii(a	PROPN
cjel-11734	998	5	)	)	PUNCT
cjel-11734	998	6	,	,	PUNCT
cjel-11734	998	7	it	it	PRON
cjel-11734	998	8	should	should	AUX
cjel-11734	998	9	not	not	PART
cjel-11734	998	10	come	come	VERB
cjel-11734	998	11	as	as	ADP
cjel-11734	998	12	a	a	DET
cjel-11734	998	13	surprise	surprise	NOUN
cjel-11734	998	14	why	why	SCONJ
cjel-11734	998	15	investors	investor	NOUN
cjel-11734	998	16	consider	consider	VERB
cjel-11734	998	17	fund	fund	NOUN
cjel-11734	998	18	disclosures	disclosure	NOUN
cjel-11734	998	19	recondite.261	recondite.261	NOUN
cjel-11734	998	20	specifically	specifically	ADV
cjel-11734	998	21	,	,	PUNCT
cjel-11734	998	22	72	72	NUM
cjel-11734	998	23	%	%	NOUN
cjel-11734	998	24	of	of	ADP
cjel-11734	998	25	respondents	respondent	NOUN
cjel-11734	998	26	surveyed	survey	VERB
cjel-11734	998	27	said	say	VERB
cjel-11734	998	28	regulatory	regulatory	ADJ
cjel-11734	998	29	disclosures	disclosure	NOUN
cjel-11734	998	30	are	be	AUX
cjel-11734	998	31	“	"	PUNCT
cjel-11734	998	32	not	not	PART
cjel-11734	998	33	easy	easy	ADJ
cjel-11734	998	34	”	"	PUNCT
cjel-11734	998	35	to	to	PART
cjel-11734	998	36	understand	understand	VERB
cjel-11734	998	37	,	,	PUNCT
cjel-11734	998	38	and	and	CCONJ
cjel-11734	998	39	just	just	ADV
cjel-11734	998	40	4	4	NUM
cjel-11734	998	41	%	%	NOUN
cjel-11734	998	42	said	say	VERB
cjel-11734	998	43	they	they	PRON
cjel-11734	998	44	are	be	AUX
cjel-11734	998	45	“	"	PUNCT
cjel-11734	998	46	very	very	ADV
cjel-11734	998	47	easy	easy	ADJ
cjel-11734	998	48	”	"	PUNCT
cjel-11734	998	49	to	to	ADP
cjel-11734	998	50	understand.262	understand.262	NOUN
cjel-11734	998	51	these	these	DET
cjel-11734	998	52	findings	finding	NOUN
cjel-11734	998	53	are	be	AUX
cjel-11734	998	54	supported	support	VERB
cjel-11734	998	55	by	by	ADP
cjel-11734	998	56	other	other	ADJ
cjel-11734	998	57	investor	investor	NOUN
cjel-11734	998	58	surveys	survey	NOUN
cjel-11734	998	59	,	,	PUNCT
cjel-11734	998	60	which	which	PRON
cjel-11734	998	61	have	have	AUX
cjel-11734	998	62	consistently	consistently	ADV
cjel-11734	998	63	found	find	VERB
cjel-11734	998	64	that	that	SCONJ
cjel-11734	998	65	investors	investor	NOUN
cjel-11734	998	66	view	view	VERB
cjel-11734	998	67	funds	fund	NOUN
cjel-11734	998	68	’	'	PUNCT
cjel-11734	998	69	shareholder	shareholder	NOUN
cjel-11734	998	70	reports	report	VERB
cjel-11734	998	71	as	as	ADP
cjel-11734	998	72	too	too	ADV
cjel-11734	998	73	lengthy	lengthy	ADJ
cjel-11734	998	74	and	and	CCONJ
cjel-11734	998	75	complicated	complicated	ADJ
cjel-11734	998	76	,	,	PUNCT
cjel-11734	998	77	and	and	CCONJ
cjel-11734	998	78	difficult	difficult	ADJ
cjel-11734	998	79	for	for	SCONJ
cjel-11734	998	80	the	the	DET
cjel-11734	998	81	average	average	ADJ
cjel-11734	998	82	investor	investor	NOUN
cjel-11734	998	83	to	to	PART
cjel-11734	998	84	use	use	VERB
cjel-11734	998	85	to	to	PART
cjel-11734	998	86	effectively	effectively	ADV
cjel-11734	998	87	find	find	VERB
cjel-11734	998	88	information	information	NOUN
cjel-11734	998	89	of	of	ADP
cjel-11734	998	90	interest.263	interest.263	ADP
cjel-11734	998	91	a	a	DET
cjel-11734	998	92	key	key	ADJ
cjel-11734	998	93	driver	driver	NOUN
cjel-11734	998	94	of	of	ADP
cjel-11734	998	95	investor	investor	NOUN
cjel-11734	998	96	confusion	confusion	NOUN
cjel-11734	998	97	was	be	AUX
cjel-11734	998	98	too	too	ADV
cjel-11734	998	99	much	much	ADV
cjel-11734	998	100	technical	technical	ADJ
cjel-11734	998	101	writing.264	writing.264	NOUN
cjel-11734	998	102	as	as	ADP
cjel-11734	998	103	part	part	NOUN
cjel-11734	998	104	iii(a)(3	iii(a)(3	NOUN
cjel-11734	998	105	)	)	PUNCT
cjel-11734	998	106	demonstrated	demonstrate	VERB
cjel-11734	998	107	,	,	PUNCT
cjel-11734	998	108	that	that	PRON
cjel-11734	998	109	was	be	AUX
cjel-11734	998	110	one	one	NUM
cjel-11734	998	111	of	of	ADP
cjel-11734	998	112	the	the	DET
cjel-11734	998	113	main	main	ADJ
cjel-11734	998	114	challenges	challenge	NOUN
cjel-11734	998	115	in	in	ADP
cjel-11734	998	116	comprehending	comprehending	ADJ
cjel-11734	998	117	funds	fund	NOUN
cjel-11734	998	118	’	'	PUNCT
cjel-11734	998	119	principal	principal	ADJ
cjel-11734	998	120	investment	investment	NOUN
cjel-11734	998	121	strategy	strategy	NOUN
cjel-11734	998	122	sections	section	NOUN
cjel-11734	998	123	,	,	PUNCT
cjel-11734	998	124	which	which	PRON
cjel-11734	998	125	were	be	AUX
cjel-11734	998	126	full	full	ADJ
cjel-11734	998	127	of	of	ADP
cjel-11734	998	128	legalese	legalese	ADJ
cjel-11734	998	129	and	and	CCONJ
cjel-11734	998	130	financial	financial	ADJ
cjel-11734	998	131	jargon	jargon	PROPN
cjel-11734	998	132	.	.	PUNCT
cjel-11734	999	1	additionally	additionally	ADV
cjel-11734	999	2	,	,	PUNCT
cjel-11734	999	3	esg	esg	PROPN
cjel-11734	999	4	fund	fund	NOUN
cjel-11734	999	5	disclosures	disclosure	NOUN
cjel-11734	999	6	are	be	AUX
cjel-11734	999	7	often	often	ADV
cjel-11734	999	8	vague	vague	ADJ
cjel-11734	999	9	and	and	CCONJ
cjel-11734	999	10	technical	technical	ADJ
cjel-11734	999	11	with	with	ADP
cjel-11734	999	12	respect	respect	NOUN
cjel-11734	999	13	to	to	ADP
cjel-11734	999	14	describing	describe	VERB
cjel-11734	999	15	their	their	PRON
cjel-11734	999	16	investment	investment	NOUN
cjel-11734	999	17	strategies	strategy	NOUN
cjel-11734	999	18	,	,	PUNCT
cjel-11734	999	19	which	which	PRON
cjel-11734	999	20	can	can	AUX
cjel-11734	999	21	vary	vary	VERB
cjel-11734	999	22	widely.265	widely.265	NOUN
cjel-11734	999	23	because	because	SCONJ
cjel-11734	999	24	the	the	DET
cjel-11734	999	25	esg	esg	PROPN
cjel-11734	999	26	moniker	moniker	NOUN
cjel-11734	999	27	encompasses	encompass	VERB
cjel-11734	999	28	such	such	DET
cjel-11734	999	29	a	a	DET
cjel-11734	999	30	broad	broad	ADJ
cjel-11734	999	31	range	range	NOUN
cjel-11734	999	32	of	of	ADP
cjel-11734	999	33	objectives	objective	NOUN
cjel-11734	999	34	,	,	PUNCT
cjel-11734	999	35	and	and	CCONJ
cjel-11734	999	36	the	the	DET
cjel-11734	999	37	terminology	terminology	NOUN
cjel-11734	999	38	surrounding	surround	VERB
cjel-11734	999	39	such	such	ADJ
cjel-11734	999	40	strategies	strategy	NOUN
cjel-11734	999	41	is	be	AUX
cjel-11734	999	42	not	not	PART
cjel-11734	999	43	uniform,266	uniform,266	NOUN
cjel-11734	999	44	the	the	DET
cjel-11734	999	45	nuances	nuance	NOUN
cjel-11734	999	46	that	that	PRON
cjel-11734	999	47	distinguish	distinguish	VERB
cjel-11734	999	48	funds	fund	NOUN
cjel-11734	999	49	from	from	ADP
cjel-11734	999	50	each	each	DET
cjel-11734	999	51	other	other	ADJ
cjel-11734	999	52	are	be	AUX
cjel-11734	999	53	far	far	ADV
cjel-11734	999	54	from	from	ADP
cjel-11734	999	55	clear	clear	ADJ
cjel-11734	999	56	.	.	PUNCT
cjel-11734	1000	1	259	259	X
cjel-11734	1000	2	.	.	X
cjel-11734	1000	3	letter	letter	NOUN
cjel-11734	1000	4	from	from	ADP
cjel-11734	1000	5	charles	charles	PROPN
cjel-11734	1000	6	v.	v.	ADP
cjel-11734	1000	7	callan	callan	PROPN
cjel-11734	1000	8	,	,	PUNCT
cjel-11734	1000	9	supra	supra	PROPN
cjel-11734	1000	10	note	note	PROPN
cjel-11734	1000	11	254	254	NUM
cjel-11734	1000	12	,	,	PUNCT
cjel-11734	1000	13	at	at	ADP
cjel-11734	1000	14	22	22	NUM
cjel-11734	1000	15	(	(	PUNCT
cjel-11734	1000	16	reporting	report	VERB
cjel-11734	1000	17	that	that	SCONJ
cjel-11734	1000	18	41	41	NUM
cjel-11734	1000	19	%	%	NOUN
cjel-11734	1000	20	of	of	ADP
cjel-11734	1000	21	investors	investor	NOUN
cjel-11734	1000	22	surveyed	survey	VERB
cjel-11734	1000	23	always	always	ADV
cjel-11734	1000	24	review	review	VERB
cjel-11734	1000	25	fund	fund	NOUN
cjel-11734	1000	26	performance	performance	NOUN
cjel-11734	1000	27	information	information	NOUN
cjel-11734	1000	28	,	,	PUNCT
cjel-11734	1000	29	and	and	CCONJ
cjel-11734	1000	30	another	another	DET
cjel-11734	1000	31	34	34	NUM
cjel-11734	1000	32	%	%	NOUN
cjel-11734	1000	33	doing	do	VERB
cjel-11734	1000	34	so	so	ADV
cjel-11734	1000	35	“	"	PUNCT
cjel-11734	1000	36	most	most	ADJ
cjel-11734	1000	37	of	of	ADP
cjel-11734	1000	38	the	the	DET
cjel-11734	1000	39	time	time	NOUN
cjel-11734	1000	40	.	.	PUNCT
cjel-11734	1000	41	”	"	PUNCT
cjel-11734	1001	1	additionally	additionally	ADV
cjel-11734	1001	2	,	,	PUNCT
cjel-11734	1001	3	32	32	NUM
cjel-11734	1001	4	%	%	NOUN
cjel-11734	1001	5	and	and	CCONJ
cjel-11734	1001	6	35	35	NUM
cjel-11734	1001	7	%	%	NOUN
cjel-11734	1001	8	of	of	ADP
cjel-11734	1001	9	surveyed	survey	VERB
cjel-11734	1001	10	investors	investor	NOUN
cjel-11734	1001	11	review	review	VERB
cjel-11734	1001	12	the	the	DET
cjel-11734	1001	13	portfolio	portfolio	NOUN
cjel-11734	1001	14	holdings	holding	NOUN
cjel-11734	1001	15	information	information	NOUN
cjel-11734	1001	16	,	,	PUNCT
cjel-11734	1001	17	respectively	respectively	ADV
cjel-11734	1001	18	)	)	PUNCT
cjel-11734	1001	19	.	.	PUNCT
cjel-11734	1002	1	260	260	NUM
cjel-11734	1002	2	.	.	PUNCT
cjel-11734	1003	1	i	i	PRON
cjel-11734	1003	2	d.	d.	PROPN
cjel-11734	1003	3	261	261	NUM
cjel-11734	1003	4	.	.	PUNCT
cjel-11734	1004	1	letter	letter	NOUN
cjel-11734	1004	2	from	from	ADP
cjel-11734	1004	3	charles	charles	PROPN
cjel-11734	1004	4	v.	v.	ADP
cjel-11734	1004	5	callan	callan	PROPN
cjel-11734	1004	6	,	,	PUNCT
cjel-11734	1004	7	supra	supra	PROPN
cjel-11734	1004	8	note	note	PROPN
cjel-11734	1004	9	254	254	NUM
cjel-11734	1004	10	,	,	PUNCT
cjel-11734	1004	11	at	at	ADP
cjel-11734	1004	12	2	2	NUM
cjel-11734	1004	13	.	.	PUNCT
cjel-11734	1004	14	262	262	NUM
cjel-11734	1004	15	.	.	PUNCT
cjel-11734	1005	1	i	i	PRON
cjel-11734	1005	2	d.	d.	PROPN
cjel-11734	1005	3	at	at	ADP
cjel-11734	1005	4	21–22	21–22	NUM
cjel-11734	1005	5	.	.	PUNCT
cjel-11734	1005	6	263	263	NUM
cjel-11734	1005	7	.	.	PUNCT
cjel-11734	1006	1	i	i	PRON
cjel-11734	1006	2	d.	d.	PROPN
cjel-11734	1006	3	at	at	ADP
cjel-11734	1006	4	5–6	5–6	PROPN
cjel-11734	1006	5	(	(	PUNCT
cjel-11734	1006	6	reporting	report	VERB
cjel-11734	1006	7	the	the	DET
cjel-11734	1006	8	responses	response	NOUN
cjel-11734	1006	9	from	from	ADP
cjel-11734	1006	10	surveyed	survey	VERB
cjel-11734	1006	11	retail	retail	ADJ
cjel-11734	1006	12	investors	investor	NOUN
cjel-11734	1006	13	who	who	PRON
cjel-11734	1006	14	generally	generally	ADV
cjel-11734	1006	15	found	find	VERB
cjel-11734	1006	16	a	a	DET
cjel-11734	1006	17	mutual	mutual	ADJ
cjel-11734	1006	18	fund	fund	NOUN
cjel-11734	1006	19	’s	’s	PART
cjel-11734	1006	20	disclosure	disclosure	NOUN
cjel-11734	1006	21	documents	document	NOUN
cjel-11734	1006	22	to	to	PART
cjel-11734	1006	23	be	be	AUX
cjel-11734	1006	24	too	too	ADV
cjel-11734	1006	25	long	long	ADJ
cjel-11734	1006	26	and	and	CCONJ
cjel-11734	1006	27	overwhelming	overwhelming	ADJ
cjel-11734	1006	28	,	,	PUNCT
cjel-11734	1006	29	and	and	CCONJ
cjel-11734	1006	30	preferred	preferred	ADJ
cjel-11734	1006	31	disclosures	disclosure	NOUN
cjel-11734	1006	32	that	that	PRON
cjel-11734	1006	33	can	can	AUX
cjel-11734	1006	34	be	be	AUX
cjel-11734	1006	35	read	read	VERB
cjel-11734	1006	36	in	in	ADP
cjel-11734	1006	37	a	a	DET
cjel-11734	1006	38	few	few	ADJ
cjel-11734	1006	39	minutes	minute	NOUN
cjel-11734	1006	40	and	and	CCONJ
cjel-11734	1006	41	that	that	PRON
cjel-11734	1006	42	focus	focus	VERB
cjel-11734	1006	43	on	on	ADP
cjel-11734	1006	44	essential	essential	ADJ
cjel-11734	1006	45	information	information	NOUN
cjel-11734	1006	46	)	)	PUNCT
cjel-11734	1006	47	.	.	PUNCT
cjel-11734	1007	1	264	264	X
cjel-11734	1007	2	.	.	PUNCT
cjel-11734	1008	1	i	i	PRON
cjel-11734	1008	2	d.	d.	PROPN
cjel-11734	1008	3	at	at	ADP
cjel-11734	1008	4	23	23	NUM
cjel-11734	1008	5	.	.	PUNCT
cjel-11734	1009	1	265	265	NUM
cjel-11734	1009	2	.	.	PUNCT
cjel-11734	1010	1	see	see	VERB
cjel-11734	1010	2	e.g.	e.g.	ADV
cjel-11734	1011	1	,	,	PUNCT
cjel-11734	1011	2	jon	jon	PROPN
cjel-11734	1011	3	hale	hale	PROPN
cjel-11734	1011	4	,	,	PUNCT
cjel-11734	1011	5	4	4	NUM
cjel-11734	1011	6	things	thing	NOUN
cjel-11734	1011	7	to	to	PART
cjel-11734	1011	8	keep	keep	VERB
cjel-11734	1011	9	in	in	ADP
cjel-11734	1011	10	mind	mind	NOUN
cjel-11734	1011	11	about	about	ADP
cjel-11734	1011	12	sustainable	sustainable	ADJ
cjel-11734	1011	13	investing	investing	NOUN
cjel-11734	1011	14	in	in	ADP
cjel-11734	1011	15	2022	2022	NUM
cjel-11734	1011	16	,	,	PUNCT
cjel-11734	1011	17	morningstar	morningstar	PROPN
cjel-11734	1011	18	(	(	PUNCT
cjel-11734	1011	19	jan	jan	PROPN
cjel-11734	1011	20	.	.	PROPN
cjel-11734	1011	21	10	10	NUM
cjel-11734	1011	22	,	,	PUNCT
cjel-11734	1011	23	2022	2022	NUM
cjel-11734	1011	24	)	)	PUNCT
cjel-11734	1011	25	https://www.morningstar.ca/ca/news/217966/4-things-to-keepin-mind-about-sustainable-investing-in-2022.aspx	https://www.morningstar.ca/ca/news/217966/4-things-to-keepin-mind-about-sustainable-investing-in-2022.aspx	PUNCT
cjel-11734	1012	1	[	[	X
cjel-11734	1012	2	https://perma.cc/8qla-9dbt	https://perma.cc/8qla-9dbt	X
cjel-11734	1012	3	]	]	X
cjel-11734	1012	4	(	(	PUNCT
cjel-11734	1012	5	“	"	PUNCT
cjel-11734	1012	6	sustainable	sustainable	ADJ
cjel-11734	1012	7	investing	investing	NOUN
cjel-11734	1012	8	is	be	AUX
cjel-11734	1012	9	not	not	PART
cjel-11734	1012	10	a	a	DET
cjel-11734	1012	11	singular	singular	ADJ
cjel-11734	1012	12	approach	approach	NOUN
cjel-11734	1012	13	but	but	CCONJ
cjel-11734	1012	14	instead	instead	ADV
cjel-11734	1012	15	represents	represent	VERB
cjel-11734	1012	16	a	a	DET
cjel-11734	1012	17	range	range	NOUN
cjel-11734	1012	18	of	of	ADP
cjel-11734	1012	19	methods	method	NOUN
cjel-11734	1012	20	that	that	PRON
cjel-11734	1012	21	investors	investor	NOUN
cjel-11734	1012	22	can	can	AUX
cjel-11734	1012	23	use	use	VERB
cjel-11734	1012	24	to	to	PART
cjel-11734	1012	25	generate	generate	VERB
cjel-11734	1012	26	competitive	competitive	ADJ
cjel-11734	1012	27	investment	investment	NOUN
cjel-11734	1012	28	returns	return	NOUN
cjel-11734	1012	29	while	while	SCONJ
cjel-11734	1012	30	helping	helping	AUX
cjel-11734	1012	31	generate	generate	VERB
cjel-11734	1012	32	positive	positive	ADJ
cjel-11734	1012	33	outcomes	outcome	NOUN
cjel-11734	1012	34	for	for	ADP
cjel-11734	1012	35	people	people	NOUN
cjel-11734	1012	36	and	and	CCONJ
cjel-11734	1012	37	planet	planet	NOUN
cjel-11734	1012	38	.	.	PUNCT
cjel-11734	1012	39	”	"	PUNCT
cjel-11734	1012	40	)	)	PUNCT
cjel-11734	1012	41	.	.	PUNCT
cjel-11734	1013	1	266	266	NUM
cjel-11734	1013	2	.	.	PUNCT
cjel-11734	1014	1	one	one	NUM
cjel-11734	1014	2	industry	industry	NOUN
cjel-11734	1014	3	expert	expert	NOUN
cjel-11734	1014	4	says	say	VERB
cjel-11734	1014	5	“	"	PUNCT
cjel-11734	1014	6	the	the	DET
cjel-11734	1014	7	biggest	big	ADJ
cjel-11734	1014	8	frustration	frustration	NOUN
cjel-11734	1014	9	on	on	ADP
cjel-11734	1014	10	behalf	behalf	NOUN
cjel-11734	1014	11	of	of	ADP
cjel-11734	1014	12	investors	investor	NOUN
cjel-11734	1014	13	is	be	AUX
cjel-11734	1014	14	there	there	PRON
cjel-11734	1014	15	’s	’	VERB
cjel-11734	1014	16	no	no	DET
cjel-11734	1014	17	standardization	standardization	NOUN
cjel-11734	1014	18	within	within	ADP
cjel-11734	1014	19	[	[	X
cjel-11734	1014	20	the	the	DET
cjel-11734	1014	21	esg	esg	NOUN
cjel-11734	1014	22	]	]	PUNCT
cjel-11734	1014	23	industry	industry	NOUN
cjel-11734	1014	24	.	.	PUNCT
cjel-11734	1014	25	”	"	PUNCT
cjel-11734	1015	1	see	see	VERB
cjel-11734	1015	2	otani	otani	PROPN
cjel-11734	1015	3	,	,	PUNCT
cjel-11734	1015	4	supra	supra	PROPN
cjel-11734	1015	5	note	note	NOUN
cjel-11734	1015	6	255	255	NUM
cjel-11734	1015	7	.	.	NUM
cjel-11734	1016	1	466	466	NUM
cjel-11734	1016	2	columbia	columbia	PROPN
cjel-11734	1016	3	journal	journal	PROPN
cjel-11734	1016	4	of	of	ADP
cjel-11734	1016	5	environmental	environmental	ADJ
cjel-11734	1016	6	law	law	NOUN
cjel-11734	1017	1	[	[	X
cjel-11734	1017	2	vol.48:2	vol.48:2	NOUN
cjel-11734	1017	3	esg	esg	NOUN
cjel-11734	1017	4	funds	fund	NOUN
cjel-11734	1017	5	also	also	ADV
cjel-11734	1017	6	impose	impose	VERB
cjel-11734	1017	7	extra	extra	ADJ
cjel-11734	1017	8	burdens	burden	NOUN
cjel-11734	1017	9	on	on	ADP
cjel-11734	1017	10	investors	investor	NOUN
cjel-11734	1017	11	who	who	PRON
cjel-11734	1017	12	hope	hope	VERB
cjel-11734	1017	13	to	to	PART
cjel-11734	1017	14	determine	determine	VERB
cjel-11734	1017	15	a	a	DET
cjel-11734	1017	16	specific	specific	ADJ
cjel-11734	1017	17	fund	fund	NOUN
cjel-11734	1017	18	’s	’s	PART
cjel-11734	1017	19	esg	esg	PROPN
cjel-11734	1017	20	characteristics	characteristic	NOUN
cjel-11734	1017	21	;	;	PUNCT
cjel-11734	1017	22	esg	esg	PROPN
cjel-11734	1017	23	investors	investor	NOUN
cjel-11734	1017	24	are	be	AUX
cjel-11734	1017	25	forced	force	VERB
cjel-11734	1017	26	to	to	PART
cjel-11734	1017	27	figure	figure	VERB
cjel-11734	1017	28	out	out	ADP
cjel-11734	1017	29	whether	whether	SCONJ
cjel-11734	1017	30	an	an	DET
cjel-11734	1017	31	“	"	PUNCT
cjel-11734	1017	32	investment	investment	NOUN
cjel-11734	1017	33	’s	’s	PART
cjel-11734	1017	34	combination	combination	NOUN
cjel-11734	1017	35	of	of	ADP
cjel-11734	1017	36	esg	esg	PROPN
cjel-11734	1017	37	strategy	strategy	NOUN
cjel-11734	1017	38	,	,	PUNCT
cjel-11734	1017	39	esg	esg	NOUN
cjel-11734	1017	40	performance	performance	NOUN
cjel-11734	1017	41	,	,	PUNCT
cjel-11734	1017	42	financial	financial	ADJ
cjel-11734	1017	43	return	return	NOUN
cjel-11734	1017	44	,	,	PUNCT
cjel-11734	1017	45	and	and	CCONJ
cjel-11734	1017	46	cost	cost	NOUN
cjel-11734	1017	47	is	be	AUX
cjel-11734	1017	48	suitable	suitable	ADJ
cjel-11734	1017	49	for	for	ADP
cjel-11734	1017	50	them	they	PRON
cjel-11734	1017	51	.	.	PUNCT
cjel-11734	1017	52	”267	”267	PUNCT
cjel-11734	1018	1	while	while	SCONJ
cjel-11734	1018	2	it	it	PRON
cjel-11734	1018	3	is	be	AUX
cjel-11734	1018	4	true	true	ADJ
cjel-11734	1018	5	that	that	SCONJ
cjel-11734	1018	6	an	an	DET
cjel-11734	1018	7	investor	investor	NOUN
cjel-11734	1018	8	needs	need	VERB
cjel-11734	1018	9	to	to	PART
cjel-11734	1018	10	determine	determine	VERB
cjel-11734	1018	11	whether	whether	SCONJ
cjel-11734	1018	12	an	an	DET
cjel-11734	1018	13	investment	investment	NOUN
cjel-11734	1018	14	fits	fit	VERB
cjel-11734	1018	15	their	their	PRON
cjel-11734	1018	16	financial	financial	ADJ
cjel-11734	1018	17	needs	need	NOUN
cjel-11734	1018	18	and	and	CCONJ
cjel-11734	1018	19	risk	risk	VERB
cjel-11734	1018	20	tolerance	tolerance	NOUN
cjel-11734	1018	21	when	when	SCONJ
cjel-11734	1018	22	making	make	VERB
cjel-11734	1018	23	any	any	DET
cjel-11734	1018	24	investment	investment	NOUN
cjel-11734	1018	25	decision	decision	NOUN
cjel-11734	1018	26	,	,	PUNCT
cjel-11734	1018	27	“	"	PUNCT
cjel-11734	1018	28	the	the	DET
cjel-11734	1018	29	burden	burden	NOUN
cjel-11734	1018	30	.	.	PUNCT
cjel-11734	1019	1	.	.	PUNCT
cjel-11734	1019	2	.	.	PUNCT
cjel-11734	1020	1	is	be	AUX
cjel-11734	1020	2	increased	increase	VERB
cjel-11734	1020	3	under	under	ADP
cjel-11734	1020	4	the	the	DET
cjel-11734	1020	5	esg	esg	NOUN
cjel-11734	1020	6	mantle	mantle	NOUN
cjel-11734	1020	7	”	"	PUNCT
cjel-11734	1020	8	given	give	VERB
cjel-11734	1020	9	the	the	DET
cjel-11734	1020	10	lack	lack	NOUN
cjel-11734	1020	11	of	of	ADP
cjel-11734	1020	12	industry	industry	NOUN
cjel-11734	1020	13	standardizations	standardization	NOUN
cjel-11734	1020	14	:	:	PUNCT
cjel-11734	1020	15	“	"	PUNCT
cjel-11734	1020	16	even	even	ADV
cjel-11734	1020	17	the	the	DET
cjel-11734	1020	18	most	most	ADV
cjel-11734	1020	19	motivated	motivated	ADJ
cjel-11734	1020	20	of	of	ADP
cjel-11734	1020	21	investors	investor	NOUN
cjel-11734	1020	22	will	will	AUX
cjel-11734	1020	23	struggle	struggle	VERB
cjel-11734	1020	24	to	to	PART
cjel-11734	1020	25	unpack	unpack	VERB
cjel-11734	1020	26	what	what	PRON
cjel-11734	1020	27	esg	esg	PROPN
cjel-11734	1020	28	means	mean	VERB
cjel-11734	1020	29	for	for	ADP
cjel-11734	1020	30	a	a	DET
cjel-11734	1020	31	particular	particular	ADJ
cjel-11734	1020	32	fund	fund	NOUN
cjel-11734	1020	33	in	in	ADP
cjel-11734	1020	34	a	a	DET
cjel-11734	1020	35	meaningful	meaningful	ADJ
cjel-11734	1020	36	way	way	NOUN
cjel-11734	1020	37	.	.	PUNCT
cjel-11734	1020	38	”268	”268	PUNCT
cjel-11734	1021	1	and	and	CCONJ
cjel-11734	1021	2	yet	yet	ADV
cjel-11734	1021	3	,	,	PUNCT
cjel-11734	1021	4	“	"	PUNCT
cjel-11734	1021	5	despite	despite	SCONJ
cjel-11734	1021	6	investors	investor	NOUN
cjel-11734	1021	7	’	'	PUNCT
cjel-11734	1021	8	seemingly	seemingly	ADV
cjel-11734	1021	9	limited	limited	ADJ
cjel-11734	1021	10	competence	competence	NOUN
cjel-11734	1021	11	,	,	PUNCT
cjel-11734	1021	12	regulatory	regulatory	ADJ
cjel-11734	1021	13	and	and	CCONJ
cjel-11734	1021	14	market	market	NOUN
cjel-11734	1021	15	developments	development	NOUN
cjel-11734	1021	16	increasingly	increasingly	ADV
cjel-11734	1021	17	require	require	VERB
cjel-11734	1021	18	retail	retail	ADJ
cjel-11734	1021	19	investors	investor	NOUN
cjel-11734	1021	20	to	to	PART
cjel-11734	1021	21	navigate	navigate	VERB
cjel-11734	1021	22	the	the	DET
cjel-11734	1021	23	financial	financial	ADJ
cjel-11734	1021	24	markets	market	NOUN
cjel-11734	1021	25	themselves	themselves	PRON
cjel-11734	1021	26	.	.	PUNCT
cjel-11734	1022	1	”269	”269	NOUN
cjel-11734	1022	2	although	although	SCONJ
cjel-11734	1022	3	the	the	DET
cjel-11734	1022	4	data	data	NOUN
cjel-11734	1022	5	is	be	AUX
cjel-11734	1022	6	facially	facially	ADV
cjel-11734	1022	7	concerning	concern	VERB
cjel-11734	1022	8	,	,	PUNCT
cjel-11734	1022	9	even	even	ADV
cjel-11734	1022	10	more	more	ADV
cjel-11734	1022	11	troubling	troubling	ADJ
cjel-11734	1022	12	is	be	AUX
cjel-11734	1022	13	the	the	DET
cjel-11734	1022	14	very	very	ADV
cjel-11734	1022	15	real	real	ADJ
cjel-11734	1022	16	possibility	possibility	NOUN
cjel-11734	1022	17	that	that	SCONJ
cjel-11734	1022	18	those	those	PRON
cjel-11734	1022	19	surveyed	survey	VERB
cjel-11734	1022	20	might	might	AUX
cjel-11734	1022	21	be	be	AUX
cjel-11734	1022	22	overstating	overstate	VERB
cjel-11734	1022	23	their	their	PRON
cjel-11734	1022	24	financial	financial	ADJ
cjel-11734	1022	25	literacy.270	literacy.270	INTJ
cjel-11734	1022	26	this	this	PRON
cjel-11734	1022	27	is	be	AUX
cjel-11734	1022	28	not	not	PART
cjel-11734	1022	29	just	just	ADV
cjel-11734	1022	30	a	a	DET
cjel-11734	1022	31	problem	problem	NOUN
cjel-11734	1022	32	for	for	ADP
cjel-11734	1022	33	retail	retail	ADJ
cjel-11734	1022	34	investors	investor	NOUN
cjel-11734	1022	35	.	.	PUNCT
cjel-11734	1023	1	sophisticated	sophisticated	ADJ
cjel-11734	1023	2	investors	investor	NOUN
cjel-11734	1023	3	also	also	ADV
cjel-11734	1023	4	struggle	struggle	VERB
cjel-11734	1023	5	to	to	PART
cjel-11734	1023	6	comprehend	comprehend	VERB
cjel-11734	1023	7	complex	complex	ADJ
cjel-11734	1023	8	disclosures	disclosure	NOUN
cjel-11734	1023	9	:	:	PUNCT
cjel-11734	1023	10	“	"	PUNCT
cjel-11734	1023	11	disclosures	disclosure	NOUN
cjel-11734	1023	12	often	often	ADV
cjel-11734	1023	13	demand	demand	VERB
cjel-11734	1023	14	more	more	ADJ
cjel-11734	1023	15	than	than	ADP
cjel-11734	1023	16	basic	basic	ADJ
cjel-11734	1023	17	skill	skill	NOUN
cjel-11734	1023	18	in	in	ADP
cjel-11734	1023	19	reading	read	VERB
cjel-11734	1023	20	texts	text	NOUN
cjel-11734	1023	21	and	and	CCONJ
cjel-11734	1023	22	numbers	number	NOUN
cjel-11734	1023	23	.	.	PUNCT
cjel-11734	1024	1	disclosees	disclosee	NOUN
cjel-11734	1024	2	must	must	AUX
cjel-11734	1024	3	negotiate	negotiate	VERB
cjel-11734	1024	4	unfamiliar	unfamiliar	ADJ
cjel-11734	1024	5	and	and	CCONJ
cjel-11734	1024	6	complex	complex	ADJ
cjel-11734	1024	7	problems	problem	NOUN
cjel-11734	1024	8	where	where	SCONJ
cjel-11734	1024	9	mistakes	mistake	NOUN
cjel-11734	1024	10	are	be	AUX
cjel-11734	1024	11	easy	easy	ADJ
cjel-11734	1024	12	,	,	PUNCT
cjel-11734	1024	13	a	a	DET
cjel-11734	1024	14	full	full	ADJ
cjel-11734	1024	15	and	and	CCONJ
cjel-11734	1024	16	exact	exact	ADJ
cjel-11734	1024	17	command	command	NOUN
cjel-11734	1024	18	of	of	ADP
cjel-11734	1024	19	data	datum	NOUN
cjel-11734	1024	20	is	be	AUX
cjel-11734	1024	21	needed	need	VERB
cjel-11734	1024	22	,	,	PUNCT
cjel-11734	1024	23	and	and	CCONJ
cjel-11734	1024	24	one	one	NUM
cjel-11734	1024	25	misunderstanding	misunderstanding	NOUN
cjel-11734	1024	26	can	can	AUX
cjel-11734	1024	27	be	be	AUX
cjel-11734	1024	28	fatal	fatal	ADJ
cjel-11734	1024	29	.	.	PUNCT
cjel-11734	1024	30	”271	”271	NOUN
cjel-11734	1024	31	because	because	SCONJ
cjel-11734	1024	32	struggling	struggle	VERB
cjel-11734	1024	33	to	to	PART
cjel-11734	1024	34	understand	understand	VERB
cjel-11734	1024	35	complex	complex	ADJ
cjel-11734	1024	36	financial	financial	ADJ
cjel-11734	1024	37	information	information	NOUN
cjel-11734	1024	38	is	be	AUX
cjel-11734	1024	39	shown	show	VERB
cjel-11734	1024	40	to	to	PART
cjel-11734	1024	41	contribute	contribute	VERB
cjel-11734	1024	42	to	to	ADP
cjel-11734	1024	43	poor	poor	ADJ
cjel-11734	1024	44	financial	financial	ADJ
cjel-11734	1024	45	decision	decision	NOUN
cjel-11734	1024	46	making,272	making,272	NOUN
cjel-11734	1024	47	complex	complex	ADJ
cjel-11734	1024	48	and	and	CCONJ
cjel-11734	1024	49	lengthy	lengthy	ADJ
cjel-11734	1024	50	disclosures	disclosure	NOUN
cjel-11734	1024	51	are	be	AUX
cjel-11734	1024	52	likely	likely	ADJ
cjel-11734	1024	53	to	to	PART
cjel-11734	1024	54	remain	remain	VERB
cjel-11734	1024	55	a	a	DET
cjel-11734	1024	56	significant	significant	ADJ
cjel-11734	1024	57	headwind	headwind	NOUN
cjel-11734	1024	58	for	for	ADP
cjel-11734	1024	59	all	all	DET
cjel-11734	1024	60	investors	investor	NOUN
cjel-11734	1024	61	.	.	PUNCT
cjel-11734	1025	1	in	in	ADP
cjel-11734	1025	2	sum	sum	NOUN
cjel-11734	1025	3	,	,	PUNCT
cjel-11734	1025	4	the	the	DET
cjel-11734	1025	5	fund	fund	NOUN
cjel-11734	1025	6	disclosure	disclosure	NOUN
cjel-11734	1025	7	landscape	landscape	NOUN
cjel-11734	1025	8	is	be	AUX
cjel-11734	1025	9	ineffective	ineffective	ADJ
cjel-11734	1025	10	for	for	ADP
cjel-11734	1025	11	retail	retail	ADJ
cjel-11734	1025	12	investors	investor	NOUN
cjel-11734	1025	13	.	.	PUNCT
cjel-11734	1026	1	as	as	SCONJ
cjel-11734	1026	2	carl	carl	PROPN
cjel-11734	1026	3	schneider	schneider	PROPN
cjel-11734	1026	4	and	and	CCONJ
cjel-11734	1026	5	omri	omri	PROPN
cjel-11734	1026	6	ben	ben	PROPN
cjel-11734	1026	7	-	-	PUNCT
cjel-11734	1026	8	shahar	shahar	PROPN
cjel-11734	1026	9	explain	explain	VERB
cjel-11734	1026	10	,	,	PUNCT
cjel-11734	1026	11	many	many	ADJ
cjel-11734	1026	12	investors	investor	NOUN
cjel-11734	1026	13	struggle	struggle	VERB
cjel-11734	1026	14	to	to	PART
cjel-11734	1026	15	understand	understand	VERB
cjel-11734	1026	16	disclosures	disclosure	NOUN
cjel-11734	1026	17	“	"	PUNCT
cjel-11734	1026	18	because	because	SCONJ
cjel-11734	1026	19	they	they	PRON
cjel-11734	1026	20	are	be	AUX
cjel-11734	1026	21	not	not	PART
cjel-11734	1026	22	267	267	NUM
cjel-11734	1026	23	.	.	PUNCT
cjel-11734	1027	1	dana	dana	PROPN
cjel-11734	1027	2	brakman	brakman	PROPN
cjel-11734	1027	3	reiser	reiser	PROPN
cjel-11734	1027	4	&	&	CCONJ
cjel-11734	1027	5	anne	anne	PROPN
cjel-11734	1027	6	tucker	tucker	PROPN
cjel-11734	1027	7	,	,	PUNCT
cjel-11734	1027	8	buyer	buyer	NOUN
cjel-11734	1027	9	beware	beware	NOUN
cjel-11734	1027	10	:	:	PUNCT
cjel-11734	1027	11	variation	variation	NOUN
cjel-11734	1027	12	and	and	CCONJ
cjel-11734	1027	13	opacity	opacity	NOUN
cjel-11734	1027	14	in	in	ADP
cjel-11734	1027	15	esg	esg	PROPN
cjel-11734	1027	16	and	and	CCONJ
cjel-11734	1027	17	esg	esg	PROPN
cjel-11734	1027	18	index	index	NOUN
cjel-11734	1027	19	funds	fund	NOUN
cjel-11734	1027	20	,	,	PUNCT
cjel-11734	1027	21	41	41	NUM
cjel-11734	1027	22	cardozo	cardozo	PROPN
cjel-11734	1027	23	l.	l.	PROPN
cjel-11734	1027	24	rev	rev	PROPN
cjel-11734	1027	25	.	.	PROPN
cjel-11734	1027	26	1921	1921	NUM
cjel-11734	1027	27	,	,	PUNCT
cjel-11734	1027	28	1940	1940	NUM
cjel-11734	1027	29	(	(	PUNCT
cjel-11734	1027	30	2020	2020	NUM
cjel-11734	1027	31	)	)	PUNCT
cjel-11734	1027	32	.	.	PUNCT
cjel-11734	1028	1	268	268	NUM
cjel-11734	1028	2	.	.	PUNCT
cjel-11734	1029	1	i	i	PRON
cjel-11734	1029	2	d.	d.	PROPN
cjel-11734	1029	3	269	269	NUM
cjel-11734	1029	4	.	.	PUNCT
cjel-11734	1030	1	jill	jill	PROPN
cjel-11734	1030	2	fisch	fisch	PROPN
cjel-11734	1030	3	&	&	CCONJ
cjel-11734	1030	4	tess	tess	PROPN
cjel-11734	1030	5	wilkinson	wilkinson	PROPN
cjel-11734	1030	6	-	-	PUNCT
cjel-11734	1030	7	ryan	ryan	PROPN
cjel-11734	1030	8	,	,	PUNCT
cjel-11734	1030	9	why	why	SCONJ
cjel-11734	1030	10	do	do	AUX
cjel-11734	1030	11	retail	retail	ADJ
cjel-11734	1030	12	investors	investor	NOUN
cjel-11734	1030	13	make	make	VERB
cjel-11734	1030	14	costly	costly	ADJ
cjel-11734	1030	15	mistakes	mistake	NOUN
cjel-11734	1030	16	?	?	PUNCT
cjel-11734	1031	1	an	an	DET
cjel-11734	1031	2	experiment	experiment	NOUN
cjel-11734	1031	3	on	on	ADP
cjel-11734	1031	4	mutual	mutual	ADJ
cjel-11734	1031	5	fund	fund	NOUN
cjel-11734	1031	6	choice	choice	NOUN
cjel-11734	1031	7	,	,	PUNCT
cjel-11734	1031	8	162	162	NUM
cjel-11734	1031	9	u.	u.	PROPN
cjel-11734	1031	10	pa	pa	PROPN
cjel-11734	1031	11	.	.	PUNCT
cjel-11734	1031	12	l.	l.	PROPN
cjel-11734	1031	13	rev	rev	PROPN
cjel-11734	1031	14	.	.	PROPN
cjel-11734	1031	15	605	605	NUM
cjel-11734	1031	16	,	,	PUNCT
cjel-11734	1031	17	606	606	NUM
cjel-11734	1031	18	(	(	PUNCT
cjel-11734	1031	19	2014	2014	NUM
cjel-11734	1031	20	)	)	PUNCT
cjel-11734	1031	21	.	.	PUNCT
cjel-11734	1032	1	270	270	NUM
cjel-11734	1032	2	.	.	PUNCT
cjel-11734	1033	1	see	see	VERB
cjel-11734	1033	2	oscar	oscar	PROPN
cjel-11734	1033	3	contreras	contreras	PROPN
cjel-11734	1033	4	&	&	CCONJ
cjel-11734	1033	5	joseph	joseph	PROPN
cjel-11734	1033	6	bendix	bendix	PROPN
cjel-11734	1033	7	,	,	PUNCT
cjel-11734	1033	8	milken	milken	PROPN
cjel-11734	1033	9	inst	inst	PROPN
cjel-11734	1033	10	.	.	PROPN
cjel-11734	1033	11	,	,	PUNCT
cjel-11734	1033	12	financial	financial	ADJ
cjel-11734	1033	13	literacy	literacy	NOUN
cjel-11734	1033	14	in	in	ADP
cjel-11734	1033	15	the	the	DET
cjel-11734	1033	16	united	united	PROPN
cjel-11734	1033	17	states	states	PROPN
cjel-11734	1033	18	15	15	NUM
cjel-11734	1033	19	(	(	PUNCT
cjel-11734	1033	20	2021	2021	NUM
cjel-11734	1033	21	)	)	PUNCT
cjel-11734	1033	22	(	(	PUNCT
cjel-11734	1033	23	reporting	report	VERB
cjel-11734	1033	24	that	that	SCONJ
cjel-11734	1033	25	most	most	ADJ
cjel-11734	1033	26	u.s	u.s	PROPN
cjel-11734	1033	27	.	.	PROPN
cjel-11734	1033	28	adults	adult	NOUN
cjel-11734	1033	29	also	also	ADV
cjel-11734	1033	30	tend	tend	VERB
cjel-11734	1033	31	to	to	PART
cjel-11734	1033	32	overestimate	overestimate	VERB
cjel-11734	1033	33	their	their	PRON
cjel-11734	1033	34	financial	financial	ADJ
cjel-11734	1033	35	knowledge	knowledge	NOUN
cjel-11734	1033	36	and	and	CCONJ
cjel-11734	1033	37	their	their	PRON
cjel-11734	1033	38	ability	ability	NOUN
cjel-11734	1033	39	to	to	PART
cjel-11734	1033	40	manage	manage	VERB
cjel-11734	1033	41	financial	financial	ADJ
cjel-11734	1033	42	products	product	NOUN
cjel-11734	1033	43	and	and	CCONJ
cjel-11734	1033	44	services	service	NOUN
cjel-11734	1033	45	,	,	PUNCT
cjel-11734	1033	46	and	and	CCONJ
cjel-11734	1033	47	finding	find	VERB
cjel-11734	1033	48	that	that	SCONJ
cjel-11734	1033	49	despite	despite	SCONJ
cjel-11734	1033	50	the	the	DET
cjel-11734	1033	51	low	low	ADJ
cjel-11734	1033	52	levels	level	NOUN
cjel-11734	1033	53	of	of	ADP
cjel-11734	1033	54	financial	financial	ADJ
cjel-11734	1033	55	knowledge	knowledge	NOUN
cjel-11734	1033	56	reported	report	VERB
cjel-11734	1033	57	by	by	ADP
cjel-11734	1033	58	the	the	DET
cjel-11734	1033	59	study	study	NOUN
cjel-11734	1033	60	,	,	PUNCT
cjel-11734	1033	61	more	more	ADJ
cjel-11734	1033	62	than	than	ADP
cjel-11734	1033	63	70	70	NUM
cjel-11734	1033	64	%	%	NOUN
cjel-11734	1033	65	of	of	ADP
cjel-11734	1033	66	respondents	respondent	NOUN
cjel-11734	1033	67	gave	give	VERB
cjel-11734	1033	68	themselves	themselves	PRON
cjel-11734	1033	69	high	high	ADJ
cjel-11734	1033	70	scores	score	NOUN
cjel-11734	1033	71	)	)	PUNCT
cjel-11734	1033	72	;	;	PUNCT
cjel-11734	1033	73	see	see	VERB
cjel-11734	1033	74	also	also	ADV
cjel-11734	1033	75	sec	sec	PROPN
cjel-11734	1033	76	,	,	PUNCT
cjel-11734	1033	77	study	study	NOUN
cjel-11734	1033	78	regarding	regard	VERB
cjel-11734	1033	79	financial	financial	ADJ
cjel-11734	1033	80	literacy	literacy	NOUN
cjel-11734	1033	81	among	among	ADP
cjel-11734	1033	82	investors	investor	NOUN
cjel-11734	1033	83	(	(	PUNCT
cjel-11734	1033	84	2012	2012	NUM
cjel-11734	1033	85	)	)	PUNCT
cjel-11734	1033	86	.	.	PUNCT
cjel-11734	1034	1	271	271	NUM
cjel-11734	1034	2	.	.	PROPN
cjel-11734	1034	3	carl	carl	PROPN
cjel-11734	1034	4	schneider	schneider	PROPN
cjel-11734	1034	5	&	&	CCONJ
cjel-11734	1034	6	omri	omri	PROPN
cjel-11734	1034	7	ben	ben	PROPN
cjel-11734	1034	8	-	-	PROPN
cjel-11734	1034	9	shahar	shahar	PROPN
cjel-11734	1034	10	,	,	PUNCT
cjel-11734	1034	11	more	more	ADJ
cjel-11734	1034	12	than	than	SCONJ
cjel-11734	1034	13	you	you	PRON
cjel-11734	1034	14	wanted	want	VERB
cjel-11734	1034	15	to	to	PART
cjel-11734	1034	16	know	know	VERB
cjel-11734	1034	17	:	:	PUNCT
cjel-11734	1034	18	the	the	DET
cjel-11734	1034	19	failure	failure	NOUN
cjel-11734	1034	20	of	of	ADP
cjel-11734	1034	21	mandated	mandate	VERB
cjel-11734	1034	22	disclosure	disclosure	NOUN
cjel-11734	1034	23	86	86	NUM
cjel-11734	1034	24	(	(	PUNCT
cjel-11734	1034	25	princeton	princeton	PROPN
cjel-11734	1034	26	univ	univ	PROPN
cjel-11734	1034	27	.	.	PUNCT
cjel-11734	1035	1	press	press	PROPN
cjel-11734	1035	2	,	,	PUNCT
cjel-11734	1035	3	2014	2014	NUM
cjel-11734	1035	4	)	)	PUNCT
cjel-11734	1035	5	.	.	PUNCT
cjel-11734	1036	1	272	272	X
cjel-11734	1036	2	.	.	PUNCT
cjel-11734	1036	3	see	see	VERB
cjel-11734	1036	4	generally	generally	ADV
cjel-11734	1036	5	kristina	kristina	PROPN
cjel-11734	1036	6	rennekamp	rennekamp	PROPN
cjel-11734	1036	7	,	,	PUNCT
cjel-11734	1036	8	processing	process	VERB
cjel-11734	1036	9	fluency	fluency	NOUN
cjel-11734	1036	10	and	and	CCONJ
cjel-11734	1036	11	investors	investor	NOUN
cjel-11734	1036	12	’	’	PART
cjel-11734	1036	13	reactions	reaction	NOUN
cjel-11734	1036	14	to	to	ADP
cjel-11734	1036	15	disclosure	disclosure	NOUN
cjel-11734	1036	16	readability	readability	NOUN
cjel-11734	1036	17	(	(	PUNCT
cjel-11734	1036	18	feb	feb	PROPN
cjel-11734	1036	19	.	.	PROPN
cjel-11734	1036	20	2012	2012	NUM
cjel-11734	1036	21	)	)	PUNCT
cjel-11734	1036	22	(	(	PUNCT
cjel-11734	1036	23	ph.d	ph.d	PROPN
cjel-11734	1036	24	.	.	PUNCT
cjel-11734	1037	1	dissertation	dissertation	NOUN
cjel-11734	1037	2	,	,	PUNCT
cjel-11734	1037	3	the	the	DET
cjel-11734	1037	4	univ	univ	PROPN
cjel-11734	1037	5	.	.	PROPN
cjel-11734	1037	6	of	of	ADP
cjel-11734	1037	7	ill	ill	PROPN
cjel-11734	1037	8	.	.	PUNCT
cjel-11734	1038	1	at	at	ADP
cjel-11734	1038	2	urbana	urbana	PROPN
cjel-11734	1038	3	-	-	PUNCT
cjel-11734	1038	4	champaign	champaign	PROPN
cjel-11734	1038	5	)	)	PUNCT
cjel-11734	1038	6	(	(	PUNCT
cjel-11734	1038	7	wiley	wiley	PROPN
cjel-11734	1038	8	online	online	PROPN
cjel-11734	1038	9	library	library	PROPN
cjel-11734	1038	10	)	)	PUNCT
cjel-11734	1038	11	.	.	PUNCT
cjel-11734	1039	1	2023	2023	NUM
cjel-11734	1039	2	]	]	PUNCT
cjel-11734	1039	3	green	green	ADJ
cjel-11734	1039	4	funds	fund	NOUN
cjel-11734	1039	5	in	in	ADP
cjel-11734	1039	6	a	a	DET
cjel-11734	1039	7	gray	gray	ADJ
cjel-11734	1039	8	area	area	NOUN
cjel-11734	1039	9	467	467	NUM
cjel-11734	1039	10	literate	literate	ADJ
cjel-11734	1039	11	or	or	CCONJ
cjel-11734	1039	12	numerate	numerate	ADJ
cjel-11734	1039	13	enough	enough	ADV
cjel-11734	1039	14	to	to	PART
cjel-11734	1039	15	decipher	decipher	VERB
cjel-11734	1039	16	them	they	PRON
cjel-11734	1039	17	without	without	ADP
cjel-11734	1039	18	reasonable	reasonable	ADJ
cjel-11734	1039	19	effort	effort	NOUN
cjel-11734	1039	20	.	.	PUNCT
cjel-11734	1040	1	this	this	PRON
cjel-11734	1040	2	is	be	AUX
cjel-11734	1040	3	both	both	PRON
cjel-11734	1040	4	because	because	SCONJ
cjel-11734	1040	5	levels	level	NOUN
cjel-11734	1040	6	of	of	ADP
cjel-11734	1040	7	literacy	literacy	NOUN
cjel-11734	1040	8	and	and	CCONJ
cjel-11734	1040	9	numeracy	numeracy	NOUN
cjel-11734	1040	10	are	be	AUX
cjel-11734	1040	11	surprisingly	surprisingly	ADV
cjel-11734	1040	12	low	low	ADJ
cjel-11734	1040	13	and	and	CCONJ
cjel-11734	1040	14	because	because	SCONJ
cjel-11734	1040	15	the	the	DET
cjel-11734	1040	16	reading	read	VERB
cjel-11734	1040	17	levels	level	NOUN
cjel-11734	1040	18	of	of	ADP
cjel-11734	1040	19	disclosures	disclosure	NOUN
cjel-11734	1040	20	are	be	AUX
cjel-11734	1040	21	surprisingly	surprisingly	ADV
cjel-11734	1040	22	high	high	ADJ
cjel-11734	1040	23	.	.	PUNCT
cjel-11734	1040	24	”273	”273	PUNCT
cjel-11734	1041	1	the	the	DET
cjel-11734	1041	2	fact	fact	NOUN
cjel-11734	1041	3	that	that	SCONJ
cjel-11734	1041	4	investors	investor	NOUN
cjel-11734	1041	5	need	need	VERB
cjel-11734	1041	6	to	to	PART
cjel-11734	1041	7	undertake	undertake	VERB
cjel-11734	1041	8	significant	significant	ADJ
cjel-11734	1041	9	efforts	effort	NOUN
cjel-11734	1041	10	to	to	PART
cjel-11734	1041	11	compare	compare	VERB
cjel-11734	1041	12	funds	fund	NOUN
cjel-11734	1041	13	to	to	ADP
cjel-11734	1041	14	each	each	DET
cjel-11734	1041	15	other	other	ADJ
cjel-11734	1041	16	—	—	PUNCT
cjel-11734	1041	17	including	include	VERB
cjel-11734	1041	18	decoding	decode	VERB
cjel-11734	1041	19	various	various	ADJ
cjel-11734	1041	20	ratings	rating	NOUN
cjel-11734	1041	21	systems	system	NOUN
cjel-11734	1041	22	,	,	PUNCT
cjel-11734	1041	23	esg	esg	NOUN
cjel-11734	1041	24	investing	investing	NOUN
cjel-11734	1041	25	frameworks	framework	NOUN
cjel-11734	1041	26	,	,	PUNCT
cjel-11734	1041	27	and	and	CCONJ
cjel-11734	1041	28	funds	fund	NOUN
cjel-11734	1041	29	’	'	PUNCT
cjel-11734	1041	30	generic	generic	ADJ
cjel-11734	1041	31	and	and	CCONJ
cjel-11734	1041	32	technical	technical	ADJ
cjel-11734	1041	33	language	language	NOUN
cjel-11734	1041	34	—	—	PUNCT
cjel-11734	1041	35	and	and	CCONJ
cjel-11734	1041	36	that	that	SCONJ
cjel-11734	1041	37	they	they	PRON
cjel-11734	1041	38	do	do	AUX
cjel-11734	1041	39	not	not	PART
cjel-11734	1041	40	when	when	SCONJ
cjel-11734	1041	41	researching	research	VERB
cjel-11734	1041	42	other	other	ADJ
cjel-11734	1041	43	investment	investment	NOUN
cjel-11734	1041	44	opportunities	opportunity	NOUN
cjel-11734	1041	45	,	,	PUNCT
cjel-11734	1041	46	strongly	strongly	ADV
cjel-11734	1041	47	suggests	suggest	VERB
cjel-11734	1041	48	the	the	DET
cjel-11734	1041	49	regulatory	regulatory	ADJ
cjel-11734	1041	50	regime	regime	NOUN
cjel-11734	1041	51	is	be	AUX
cjel-11734	1041	52	not	not	PART
cjel-11734	1041	53	providing	provide	VERB
cjel-11734	1041	54	investors	investor	NOUN
cjel-11734	1041	55	with	with	ADP
cjel-11734	1041	56	sufficient	sufficient	ADJ
cjel-11734	1041	57	support	support	NOUN
cjel-11734	1041	58	,	,	PUNCT
cjel-11734	1041	59	nor	nor	CCONJ
cjel-11734	1041	60	are	be	AUX
cjel-11734	1041	61	esg	esg	NOUN
cjel-11734	1041	62	funds	fund	NOUN
cjel-11734	1041	63	adequately	adequately	ADV
cjel-11734	1041	64	self	self	NOUN
cjel-11734	1041	65	-	-	PUNCT
cjel-11734	1041	66	regulating	regulating	NOUN
cjel-11734	1041	67	.	.	PUNCT
cjel-11734	1042	1	it	it	PRON
cjel-11734	1042	2	is	be	AUX
cjel-11734	1042	3	possible	possible	ADJ
cjel-11734	1042	4	that	that	SCONJ
cjel-11734	1042	5	the	the	DET
cjel-11734	1042	6	sec	sec	PROPN
cjel-11734	1042	7	’s	’s	PART
cjel-11734	1042	8	proposed	propose	VERB
cjel-11734	1042	9	rules	rule	NOUN
cjel-11734	1042	10	will	will	AUX
cjel-11734	1042	11	reduce	reduce	VERB
cjel-11734	1042	12	many	many	ADJ
cjel-11734	1042	13	of	of	ADP
cjel-11734	1042	14	the	the	DET
cjel-11734	1042	15	challenges	challenge	NOUN
cjel-11734	1042	16	investors	investor	NOUN
cjel-11734	1042	17	face	face	VERB
cjel-11734	1042	18	.	.	PUNCT
cjel-11734	1043	1	after	after	ADV
cjel-11734	1043	2	all	all	ADV
cjel-11734	1043	3	,	,	PUNCT
cjel-11734	1043	4	the	the	DET
cjel-11734	1043	5	esg	esg	PROPN
cjel-11734	1043	6	fund	fund	PROPN
cjel-11734	1043	7	disclosure	disclosure	NOUN
cjel-11734	1043	8	rule	rule	NOUN
cjel-11734	1043	9	would	would	AUX
cjel-11734	1043	10	group	group	NOUN
cjel-11734	1043	11	funds	fund	NOUN
cjel-11734	1043	12	into	into	ADP
cjel-11734	1043	13	categories	category	NOUN
cjel-11734	1043	14	,	,	PUNCT
cjel-11734	1043	15	require	require	VERB
cjel-11734	1043	16	funds	fund	NOUN
cjel-11734	1043	17	to	to	PART
cjel-11734	1043	18	produce	produce	VERB
cjel-11734	1043	19	more	more	ADJ
cjel-11734	1043	20	visually	visually	ADV
cjel-11734	1043	21	engaging	engaging	ADJ
cjel-11734	1043	22	disclosures	disclosure	NOUN
cjel-11734	1043	23	and	and	CCONJ
cjel-11734	1043	24	use	use	VERB
cjel-11734	1043	25	plain	plain	ADJ
cjel-11734	1043	26	english	english	PROPN
cjel-11734	1043	27	,	,	PUNCT
cjel-11734	1043	28	include	include	VERB
cjel-11734	1043	29	a	a	DET
cjel-11734	1043	30	standardized	standardized	ADJ
cjel-11734	1043	31	chart	chart	NOUN
cjel-11734	1043	32	for	for	ADP
cjel-11734	1043	33	esg	esg	PROPN
cjel-11734	1043	34	-	-	PUNCT
cjel-11734	1043	35	focused	focus	VERB
cjel-11734	1043	36	funds	fund	NOUN
cjel-11734	1043	37	to	to	PART
cjel-11734	1043	38	utilize	utilize	VERB
cjel-11734	1043	39	,	,	PUNCT
cjel-11734	1043	40	and	and	CCONJ
cjel-11734	1043	41	reorganize	reorganize	VERB
cjel-11734	1043	42	disclosure	disclosure	NOUN
cjel-11734	1043	43	material	material	NOUN
cjel-11734	1043	44	for	for	ADP
cjel-11734	1043	45	a	a	DET
cjel-11734	1043	46	more	more	ADV
cjel-11734	1043	47	tailored	tailor	VERB
cjel-11734	1043	48	approach	approach	NOUN
cjel-11734	1043	49	.	.	PUNCT
cjel-11734	1044	1	these	these	DET
cjel-11734	1044	2	efforts	effort	NOUN
cjel-11734	1044	3	would	would	AUX
cjel-11734	1044	4	mitigate	mitigate	VERB
cjel-11734	1044	5	some	some	PRON
cjel-11734	1044	6	of	of	ADP
cjel-11734	1044	7	the	the	DET
cjel-11734	1044	8	documented	document	VERB
cjel-11734	1044	9	comprehension	comprehension	NOUN
cjel-11734	1044	10	problems	problem	NOUN
cjel-11734	1044	11	identified	identify	VERB
cjel-11734	1044	12	in	in	ADP
cjel-11734	1044	13	this	this	DET
cjel-11734	1044	14	section	section	NOUN
cjel-11734	1044	15	.	.	PUNCT
cjel-11734	1045	1	however	however	ADV
cjel-11734	1045	2	,	,	PUNCT
cjel-11734	1045	3	there	there	PRON
cjel-11734	1045	4	still	still	ADV
cjel-11734	1045	5	remains	remain	VERB
cjel-11734	1045	6	the	the	DET
cjel-11734	1045	7	problem	problem	NOUN
cjel-11734	1045	8	that	that	SCONJ
cjel-11734	1045	9	few	few	ADJ
cjel-11734	1045	10	investors	investor	NOUN
cjel-11734	1045	11	consult	consult	VERB
cjel-11734	1045	12	these	these	DET
cjel-11734	1045	13	materials	material	NOUN
cjel-11734	1045	14	.	.	PUNCT
cjel-11734	1046	1	iv	iv	X
cjel-11734	1046	2	.	.	PUNCT
cjel-11734	1047	1	a	a	DET
cjel-11734	1047	2	framework	framework	NOUN
cjel-11734	1047	3	to	to	PART
cjel-11734	1047	4	resolve	resolve	VERB
cjel-11734	1047	5	the	the	DET
cjel-11734	1047	6	esg	esg	PROPN
cjel-11734	1047	7	fund	fund	NOUN
cjel-11734	1047	8	labeling	labeling	NOUN
cjel-11734	1047	9	problem	problem	NOUN
cjel-11734	1047	10	as	as	SCONJ
cjel-11734	1047	11	parts	part	NOUN
cjel-11734	1047	12	ii	ii	PROPN
cjel-11734	1047	13	and	and	CCONJ
cjel-11734	1047	14	iii	iii	PROPN
cjel-11734	1047	15	have	have	AUX
cjel-11734	1047	16	shown	show	VERB
cjel-11734	1047	17	,	,	PUNCT
cjel-11734	1047	18	the	the	DET
cjel-11734	1047	19	esg	esg	PROPN
cjel-11734	1047	20	fund	fund	NOUN
cjel-11734	1047	21	marketplace	marketplace	NOUN
cjel-11734	1047	22	resembles	resemble	VERB
cjel-11734	1047	23	a	a	DET
cjel-11734	1047	24	supermarket	supermarket	NOUN
cjel-11734	1047	25	aisle	aisle	NOUN
cjel-11734	1047	26	where	where	SCONJ
cjel-11734	1047	27	cereals	cereal	NOUN
cjel-11734	1047	28	are	be	AUX
cjel-11734	1047	29	labeling	label	VERB
cjel-11734	1047	30	themselves	themselves	PRON
cjel-11734	1047	31	as	as	ADP
cjel-11734	1047	32	“	"	PUNCT
cjel-11734	1047	33	healthy	healthy	ADJ
cjel-11734	1047	34	”	"	PUNCT
cjel-11734	1047	35	despite	despite	SCONJ
cjel-11734	1047	36	having	have	VERB
cjel-11734	1047	37	similar	similar	ADJ
cjel-11734	1047	38	sugar	sugar	NOUN
cjel-11734	1047	39	and	and	CCONJ
cjel-11734	1047	40	caloric	caloric	NOUN
cjel-11734	1047	41	breakdowns	breakdown	NOUN
cjel-11734	1047	42	to	to	ADP
cjel-11734	1047	43	their	their	PRON
cjel-11734	1047	44	traditional	traditional	ADJ
cjel-11734	1047	45	(	(	PUNCT
cjel-11734	1047	46	and	and	CCONJ
cjel-11734	1047	47	less	less	ADV
cjel-11734	1047	48	expensive	expensive	ADJ
cjel-11734	1047	49	)	)	PUNCT
cjel-11734	1047	50	counterparts	counterpart	NOUN
cjel-11734	1047	51	.	.	PUNCT
cjel-11734	1048	1	not	not	PART
cjel-11734	1048	2	only	only	ADV
cjel-11734	1048	3	that	that	PRON
cjel-11734	1048	4	,	,	PUNCT
cjel-11734	1048	5	but	but	CCONJ
cjel-11734	1048	6	the	the	DET
cjel-11734	1048	7	cereal	cereal	NOUN
cjel-11734	1048	8	boxes	box	NOUN
cjel-11734	1048	9	are	be	AUX
cjel-11734	1048	10	not	not	PART
cjel-11734	1048	11	providing	provide	VERB
cjel-11734	1048	12	consumers	consumer	NOUN
cjel-11734	1048	13	with	with	ADP
cjel-11734	1048	14	the	the	DET
cjel-11734	1048	15	information	information	NOUN
cjel-11734	1048	16	they	they	PRON
cjel-11734	1048	17	need	need	VERB
cjel-11734	1048	18	to	to	PART
cjel-11734	1048	19	determine	determine	VERB
cjel-11734	1048	20	this	this	PRON
cjel-11734	1048	21	.	.	PUNCT
cjel-11734	1049	1	now	now	ADV
cjel-11734	1049	2	,	,	PUNCT
cjel-11734	1049	3	imagine	imagine	VERB
cjel-11734	1049	4	a	a	DET
cjel-11734	1049	5	regulation	regulation	NOUN
cjel-11734	1049	6	was	be	AUX
cjel-11734	1049	7	promulgated	promulgate	VERB
cjel-11734	1049	8	by	by	ADP
cjel-11734	1049	9	the	the	DET
cjel-11734	1049	10	food	food	NOUN
cjel-11734	1049	11	and	and	CCONJ
cjel-11734	1049	12	drug	drug	PROPN
cjel-11734	1049	13	administration	administration	PROPN
cjel-11734	1049	14	(	(	PUNCT
cjel-11734	1049	15	fda	fda	PROPN
cjel-11734	1049	16	)	)	PUNCT
cjel-11734	1049	17	that	that	PRON
cjel-11734	1049	18	mirrored	mirror	VERB
cjel-11734	1049	19	the	the	DET
cjel-11734	1049	20	sec	sec	PROPN
cjel-11734	1049	21	’s	’s	PART
cjel-11734	1049	22	proposed	propose	VERB
cjel-11734	1049	23	rules	rule	NOUN
cjel-11734	1049	24	in	in	ADP
cjel-11734	1049	25	many	many	ADJ
cjel-11734	1049	26	respects	respect	NOUN
cjel-11734	1049	27	.	.	PUNCT
cjel-11734	1050	1	to	to	PART
cjel-11734	1050	2	start	start	VERB
cjel-11734	1050	3	,	,	PUNCT
cjel-11734	1050	4	the	the	DET
cjel-11734	1050	5	rule	rule	NOUN
cjel-11734	1050	6	classified	classify	VERB
cjel-11734	1050	7	“	"	PUNCT
cjel-11734	1050	8	healthy	healthy	ADJ
cjel-11734	1050	9	”	"	PUNCT
cjel-11734	1050	10	cereals	cereal	NOUN
cjel-11734	1050	11	into	into	ADP
cjel-11734	1050	12	two	two	NUM
cjel-11734	1050	13	main	main	ADJ
cjel-11734	1050	14	groups	group	NOUN
cjel-11734	1050	15	:	:	PUNCT
cjel-11734	1050	16	“	"	PUNCT
cjel-11734	1050	17	health	health	NOUN
cjel-11734	1050	18	-	-	PUNCT
cjel-11734	1050	19	integrated	integrate	VERB
cjel-11734	1050	20	”	"	PUNCT
cjel-11734	1050	21	and	and	CCONJ
cjel-11734	1050	22	“	"	PUNCT
cjel-11734	1050	23	health	health	NOUN
cjel-11734	1050	24	-	-	PUNCT
cjel-11734	1050	25	focused	focused	ADJ
cjel-11734	1050	26	”	"	PUNCT
cjel-11734	1050	27	cereals	cereal	NOUN
cjel-11734	1050	28	.	.	PUNCT
cjel-11734	1051	1	“	"	PUNCT
cjel-11734	1051	2	healthfocused	healthfocuse	VERB
cjel-11734	1051	3	”	"	PUNCT
cjel-11734	1051	4	cereals	cereal	NOUN
cjel-11734	1051	5	also	also	ADV
cjel-11734	1051	6	included	include	VERB
cjel-11734	1051	7	a	a	DET
cjel-11734	1051	8	subset	subset	NOUN
cjel-11734	1051	9	of	of	ADP
cjel-11734	1051	10	cereals	cereal	NOUN
cjel-11734	1051	11	,	,	PUNCT
cjel-11734	1051	12	called	call	VERB
cjel-11734	1051	13	“	"	PUNCT
cjel-11734	1051	14	health	health	NOUN
cjel-11734	1051	15	impact	impact	NOUN
cjel-11734	1051	16	”	"	PUNCT
cjel-11734	1051	17	cereals	cereal	NOUN
cjel-11734	1051	18	,	,	PUNCT
cjel-11734	1051	19	which	which	PRON
cjel-11734	1051	20	prioritized	prioritize	VERB
cjel-11734	1051	21	the	the	DET
cjel-11734	1051	22	nutritional	nutritional	ADJ
cjel-11734	1051	23	value	value	NOUN
cjel-11734	1051	24	of	of	ADP
cjel-11734	1051	25	their	their	PRON
cjel-11734	1051	26	cereals	cereal	NOUN
cjel-11734	1051	27	to	to	ADP
cjel-11734	1051	28	an	an	DET
cjel-11734	1051	29	even	even	ADV
cjel-11734	1051	30	greater	great	ADJ
cjel-11734	1051	31	degree	degree	NOUN
cjel-11734	1051	32	.	.	PUNCT
cjel-11734	1052	1	according	accord	VERB
cjel-11734	1052	2	to	to	ADP
cjel-11734	1052	3	the	the	DET
cjel-11734	1052	4	rule	rule	NOUN
cjel-11734	1052	5	,	,	PUNCT
cjel-11734	1052	6	because	because	SCONJ
cjel-11734	1052	7	“	"	PUNCT
cjel-11734	1052	8	health	health	NOUN
cjel-11734	1052	9	-	-	PUNCT
cjel-11734	1052	10	focused	focus	VERB
cjel-11734	1052	11	”	"	PUNCT
cjel-11734	1052	12	cereals	cereal	NOUN
cjel-11734	1052	13	more	more	ADV
cjel-11734	1052	14	meaningfully	meaningfully	ADV
cjel-11734	1052	15	incorporated	incorporate	VERB
cjel-11734	1052	16	healthy	healthy	ADJ
cjel-11734	1052	17	ingredients	ingredient	NOUN
cjel-11734	1052	18	into	into	ADP
cjel-11734	1052	19	their	their	PRON
cjel-11734	1052	20	cereals	cereal	NOUN
cjel-11734	1052	21	,	,	PUNCT
cjel-11734	1052	22	they	they	PRON
cjel-11734	1052	23	would	would	AUX
cjel-11734	1052	24	face	face	VERB
cjel-11734	1052	25	increased	increase	VERB
cjel-11734	1052	26	labeling	labeling	NOUN
cjel-11734	1052	27	and	and	CCONJ
cjel-11734	1052	28	disclosure	disclosure	NOUN
cjel-11734	1052	29	requirements	requirement	NOUN
cjel-11734	1052	30	.	.	PUNCT
cjel-11734	1053	1	on	on	ADP
cjel-11734	1053	2	the	the	DET
cjel-11734	1053	3	other	other	ADJ
cjel-11734	1053	4	hand	hand	NOUN
cjel-11734	1053	5	,	,	PUNCT
cjel-11734	1053	6	“	"	PUNCT
cjel-11734	1053	7	health	health	NOUN
cjel-11734	1053	8	-	-	PUNCT
cjel-11734	1053	9	integrated	integrate	VERB
cjel-11734	1053	10	”	"	PUNCT
cjel-11734	1053	11	cereals	cereal	NOUN
cjel-11734	1053	12	could	could	AUX
cjel-11734	1053	13	not	not	PART
cjel-11734	1053	14	use	use	VERB
cjel-11734	1053	15	any	any	DET
cjel-11734	1053	16	health	health	NOUN
cjel-11734	1053	17	-	-	PUNCT
cjel-11734	1053	18	related	relate	VERB
cjel-11734	1053	19	labels	label	NOUN
cjel-11734	1053	20	in	in	ADP
cjel-11734	1053	21	its	its	PRON
cjel-11734	1053	22	name	name	NOUN
cjel-11734	1053	23	.	.	PUNCT
cjel-11734	1054	1	273	273	NUM
cjel-11734	1054	2	.	.	PUNCT
cjel-11734	1054	3	schneider	schneider	PROPN
cjel-11734	1054	4	&	&	CCONJ
cjel-11734	1054	5	ben	ben	PROPN
cjel-11734	1054	6	-	-	PROPN
cjel-11734	1054	7	shahar	shahar	PROPN
cjel-11734	1054	8	,	,	PUNCT
cjel-11734	1054	9	supra	supra	PROPN
cjel-11734	1054	10	note	note	PROPN
cjel-11734	1054	11	271	271	NUM
cjel-11734	1054	12	,	,	PUNCT
cjel-11734	1054	13	at	at	ADP
cjel-11734	1054	14	80	80	NUM
cjel-11734	1054	15	.	.	PUNCT
cjel-11734	1055	1	468	468	NUM
cjel-11734	1055	2	columbia	columbia	PROPN
cjel-11734	1055	3	journal	journal	PROPN
cjel-11734	1055	4	of	of	ADP
cjel-11734	1055	5	environmental	environmental	ADJ
cjel-11734	1055	6	law	law	NOUN
cjel-11734	1056	1	[	[	X
cjel-11734	1056	2	vol.48:2	vol.48:2	NOUN
cjel-11734	1056	3	if	if	SCONJ
cjel-11734	1056	4	the	the	DET
cjel-11734	1056	5	sole	sole	ADJ
cjel-11734	1056	6	purpose	purpose	NOUN
cjel-11734	1056	7	of	of	ADP
cjel-11734	1056	8	selecting	select	VERB
cjel-11734	1056	9	a	a	DET
cjel-11734	1056	10	cereal	cereal	NOUN
cjel-11734	1056	11	was	be	AUX
cjel-11734	1056	12	to	to	PART
cjel-11734	1056	13	find	find	VERB
cjel-11734	1056	14	the	the	DET
cjel-11734	1056	15	healthiest	healthy	ADJ
cjel-11734	1056	16	option	option	NOUN
cjel-11734	1056	17	,	,	PUNCT
cjel-11734	1056	18	then	then	ADV
cjel-11734	1056	19	a	a	DET
cjel-11734	1056	20	system	system	NOUN
cjel-11734	1056	21	like	like	ADP
cjel-11734	1056	22	this	this	DET
cjel-11734	1056	23	one	one	NOUN
cjel-11734	1056	24	might	might	AUX
cjel-11734	1056	25	make	make	VERB
cjel-11734	1056	26	sense	sense	NOUN
cjel-11734	1056	27	:	:	PUNCT
cjel-11734	1056	28	only	only	ADV
cjel-11734	1056	29	the	the	DET
cjel-11734	1056	30	cereals	cereal	NOUN
cjel-11734	1056	31	that	that	PRON
cjel-11734	1056	32	are	be	AUX
cjel-11734	1056	33	sufficiently	sufficiently	ADV
cjel-11734	1056	34	healthy	healthy	ADJ
cjel-11734	1056	35	according	accord	VERB
cjel-11734	1056	36	to	to	ADP
cjel-11734	1056	37	the	the	DET
cjel-11734	1056	38	fda	fda	PROPN
cjel-11734	1056	39	would	would	AUX
cjel-11734	1056	40	be	be	AUX
cjel-11734	1056	41	able	able	ADJ
cjel-11734	1056	42	to	to	PART
cjel-11734	1056	43	market	market	VERB
cjel-11734	1056	44	themselves	themselves	PRON
cjel-11734	1056	45	with	with	ADP
cjel-11734	1056	46	such	such	ADJ
cjel-11734	1056	47	labels	label	NOUN
cjel-11734	1056	48	,	,	PUNCT
cjel-11734	1056	49	and	and	CCONJ
cjel-11734	1056	50	consumers	consumer	NOUN
cjel-11734	1056	51	looking	look	VERB
cjel-11734	1056	52	for	for	ADP
cjel-11734	1056	53	healthy	healthy	ADJ
cjel-11734	1056	54	options	option	NOUN
cjel-11734	1056	55	would	would	AUX
cjel-11734	1056	56	only	only	ADV
cjel-11734	1056	57	be	be	AUX
cjel-11734	1056	58	left	leave	VERB
cjel-11734	1056	59	with	with	ADP
cjel-11734	1056	60	the	the	DET
cjel-11734	1056	61	healthiest	healthy	ADJ
cjel-11734	1056	62	of	of	ADP
cjel-11734	1056	63	choices	choice	NOUN
cjel-11734	1056	64	.	.	PUNCT
cjel-11734	1057	1	but	but	CCONJ
cjel-11734	1057	2	just	just	ADV
cjel-11734	1057	3	as	as	SCONJ
cjel-11734	1057	4	investors	investor	NOUN
cjel-11734	1057	5	turn	turn	VERB
cjel-11734	1057	6	to	to	ADP
cjel-11734	1057	7	esg	esg	NOUN
cjel-11734	1057	8	funds	fund	NOUN
cjel-11734	1057	9	for	for	ADP
cjel-11734	1057	10	a	a	DET
cjel-11734	1057	11	litany	litany	NOUN
cjel-11734	1057	12	of	of	ADP
cjel-11734	1057	13	reasons	reason	NOUN
cjel-11734	1057	14	,	,	PUNCT
cjel-11734	1057	15	consumers	consumer	NOUN
cjel-11734	1057	16	might	might	AUX
cjel-11734	1057	17	turn	turn	VERB
cjel-11734	1057	18	to	to	ADP
cjel-11734	1057	19	“	"	PUNCT
cjel-11734	1057	20	healthy	healthy	ADJ
cjel-11734	1057	21	”	"	PUNCT
cjel-11734	1057	22	cereals	cereal	NOUN
cjel-11734	1057	23	for	for	ADP
cjel-11734	1057	24	a	a	DET
cjel-11734	1057	25	variety	variety	NOUN
cjel-11734	1057	26	of	of	ADP
cjel-11734	1057	27	reasons	reason	NOUN
cjel-11734	1057	28	.	.	PUNCT
cjel-11734	1058	1	undoubtedly	undoubtedly	ADV
cjel-11734	1058	2	,	,	PUNCT
cjel-11734	1058	3	some	some	PRON
cjel-11734	1058	4	are	be	AUX
cjel-11734	1058	5	looking	look	VERB
cjel-11734	1058	6	for	for	ADP
cjel-11734	1058	7	the	the	DET
cjel-11734	1058	8	healthiest	healthy	ADJ
cjel-11734	1058	9	cereal	cereal	NOUN
cjel-11734	1058	10	,	,	PUNCT
cjel-11734	1058	11	but	but	CCONJ
cjel-11734	1058	12	life	life	NOUN
cjel-11734	1058	13	experience	experience	NOUN
cjel-11734	1058	14	suggests	suggest	VERB
cjel-11734	1058	15	these	these	DET
cjel-11734	1058	16	cereals	cereal	NOUN
cjel-11734	1058	17	usually	usually	ADV
cjel-11734	1058	18	do	do	AUX
cjel-11734	1058	19	not	not	PART
cjel-11734	1058	20	taste	taste	VERB
cjel-11734	1058	21	the	the	DET
cjel-11734	1058	22	best	good	ADJ
cjel-11734	1058	23	.	.	PUNCT
cjel-11734	1059	1	other	other	ADJ
cjel-11734	1059	2	shoppers	shopper	NOUN
cjel-11734	1059	3	might	might	AUX
cjel-11734	1059	4	look	look	VERB
cjel-11734	1059	5	for	for	ADP
cjel-11734	1059	6	a	a	DET
cjel-11734	1059	7	cereal	cereal	NOUN
cjel-11734	1059	8	that	that	PRON
cjel-11734	1059	9	tastes	taste	VERB
cjel-11734	1059	10	better	well	ADV
cjel-11734	1059	11	than	than	ADP
cjel-11734	1059	12	the	the	DET
cjel-11734	1059	13	healthiest	healthy	ADJ
cjel-11734	1059	14	option	option	NOUN
cjel-11734	1059	15	,	,	PUNCT
cjel-11734	1059	16	but	but	CCONJ
cjel-11734	1059	17	is	be	AUX
cjel-11734	1059	18	still	still	ADV
cjel-11734	1059	19	healthier	healthy	ADJ
cjel-11734	1059	20	than	than	ADP
cjel-11734	1059	21	a	a	DET
cjel-11734	1059	22	traditional	traditional	ADJ
cjel-11734	1059	23	,	,	PUNCT
cjel-11734	1059	24	full	full	ADJ
cjel-11734	1059	25	-	-	PUNCT
cjel-11734	1059	26	sugar	sugar	NOUN
cjel-11734	1059	27	cereal	cereal	NOUN
cjel-11734	1059	28	.	.	PUNCT
cjel-11734	1060	1	just	just	ADV
cjel-11734	1060	2	as	as	SCONJ
cjel-11734	1060	3	investors	investor	NOUN
cjel-11734	1060	4	interested	interested	ADJ
cjel-11734	1060	5	in	in	ADP
cjel-11734	1060	6	esg	esg	PROPN
cjel-11734	1060	7	funds	fund	NOUN
cjel-11734	1060	8	balance	balance	NOUN
cjel-11734	1060	9	returns	return	NOUN
cjel-11734	1060	10	and	and	CCONJ
cjel-11734	1060	11	impact	impact	NOUN
cjel-11734	1060	12	,	,	PUNCT
cjel-11734	1060	13	consumers	consumer	NOUN
cjel-11734	1060	14	balance	balance	VERB
cjel-11734	1060	15	health	health	NOUN
cjel-11734	1060	16	and	and	CCONJ
cjel-11734	1060	17	taste	taste	NOUN
cjel-11734	1060	18	.	.	PUNCT
cjel-11734	1061	1	and	and	CCONJ
cjel-11734	1061	2	just	just	ADV
cjel-11734	1061	3	as	as	ADP
cjel-11734	1061	4	a	a	DET
cjel-11734	1061	5	“	"	PUNCT
cjel-11734	1061	6	healthy	healthy	ADJ
cjel-11734	1061	7	”	"	PUNCT
cjel-11734	1061	8	cereal	cereal	NOUN
cjel-11734	1061	9	might	might	AUX
cjel-11734	1061	10	vary	vary	VERB
cjel-11734	1061	11	for	for	ADP
cjel-11734	1061	12	consumers	consumer	NOUN
cjel-11734	1061	13	based	base	VERB
cjel-11734	1061	14	on	on	ADP
cjel-11734	1061	15	their	their	PRON
cjel-11734	1061	16	specific	specific	ADJ
cjel-11734	1061	17	dietary	dietary	ADJ
cjel-11734	1061	18	needs	need	NOUN
cjel-11734	1061	19	,	,	PUNCT
cjel-11734	1061	20	investors	investor	NOUN
cjel-11734	1061	21	’	'	PUNCT
cjel-11734	1061	22	preferences	preference	NOUN
cjel-11734	1061	23	on	on	ADP
cjel-11734	1061	24	an	an	DET
cjel-11734	1061	25	esg	esg	PROPN
cjel-11734	1061	26	fund	fund	NOUN
cjel-11734	1061	27	’s	’s	PART
cjel-11734	1061	28	priorities	priority	NOUN
cjel-11734	1061	29	will	will	AUX
cjel-11734	1061	30	differ	differ	VERB
cjel-11734	1061	31	as	as	ADP
cjel-11734	1061	32	well.274	well.274	NOUN
cjel-11734	1061	33	similarly	similarly	ADV
cjel-11734	1061	34	,	,	PUNCT
cjel-11734	1061	35	imagine	imagine	VERB
cjel-11734	1061	36	if	if	SCONJ
cjel-11734	1061	37	the	the	DET
cjel-11734	1061	38	regulation	regulation	NOUN
cjel-11734	1061	39	required	require	VERB
cjel-11734	1061	40	that	that	SCONJ
cjel-11734	1061	41	only	only	ADV
cjel-11734	1061	42	80	80	NUM
cjel-11734	1061	43	%	%	NOUN
cjel-11734	1061	44	of	of	ADP
cjel-11734	1061	45	the	the	DET
cjel-11734	1061	46	cereal	cereal	NOUN
cjel-11734	1061	47	included	include	VERB
cjel-11734	1061	48	in	in	ADP
cjel-11734	1061	49	the	the	DET
cjel-11734	1061	50	box	box	NOUN
cjel-11734	1061	51	needed	need	VERB
cjel-11734	1061	52	to	to	PART
cjel-11734	1061	53	meet	meet	VERB
cjel-11734	1061	54	the	the	DET
cjel-11734	1061	55	health	health	NOUN
cjel-11734	1061	56	criteria	criterion	NOUN
cjel-11734	1061	57	listed	list	VERB
cjel-11734	1061	58	to	to	PART
cjel-11734	1061	59	qualify	qualify	VERB
cjel-11734	1061	60	as	as	ADP
cjel-11734	1061	61	a	a	DET
cjel-11734	1061	62	“	"	PUNCT
cjel-11734	1061	63	health	health	NOUN
cjel-11734	1061	64	-	-	PUNCT
cjel-11734	1061	65	focused	focus	VERB
cjel-11734	1061	66	”	"	PUNCT
cjel-11734	1061	67	or	or	CCONJ
cjel-11734	1061	68	“	"	PUNCT
cjel-11734	1061	69	health	health	NOUN
cjel-11734	1061	70	impact	impact	NOUN
cjel-11734	1061	71	”	"	PUNCT
cjel-11734	1061	72	cereal	cereal	NOUN
cjel-11734	1061	73	.	.	PUNCT
cjel-11734	1062	1	in	in	ADP
cjel-11734	1062	2	fact	fact	NOUN
cjel-11734	1062	3	,	,	PUNCT
cjel-11734	1062	4	in	in	ADP
cjel-11734	1062	5	order	order	NOUN
cjel-11734	1062	6	to	to	PART
cjel-11734	1062	7	make	make	VERB
cjel-11734	1062	8	their	their	PRON
cjel-11734	1062	9	“	"	PUNCT
cjel-11734	1062	10	health	health	NOUN
cjel-11734	1062	11	-	-	PUNCT
cjel-11734	1062	12	focused	focus	VERB
cjel-11734	1062	13	”	"	PUNCT
cjel-11734	1062	14	cereals	cereal	NOUN
cjel-11734	1062	15	still	still	ADV
cjel-11734	1062	16	taste	taste	VERB
cjel-11734	1062	17	good	good	ADJ
cjel-11734	1062	18	,	,	PUNCT
cjel-11734	1062	19	brands	brand	NOUN
cjel-11734	1062	20	include	include	VERB
cjel-11734	1062	21	extra	extra	ADJ
cjel-11734	1062	22	-	-	ADJ
cjel-11734	1062	23	sugary	sugary	ADJ
cjel-11734	1062	24	pieces	piece	NOUN
cjel-11734	1062	25	of	of	ADP
cjel-11734	1062	26	cereal	cereal	NOUN
cjel-11734	1062	27	in	in	ADP
cjel-11734	1062	28	the	the	DET
cjel-11734	1062	29	box	box	NOUN
cjel-11734	1062	30	to	to	PART
cjel-11734	1062	31	counterbalance	counterbalance	VERB
cjel-11734	1062	32	the	the	DET
cjel-11734	1062	33	taste	taste	NOUN
cjel-11734	1062	34	from	from	ADP
cjel-11734	1062	35	the	the	DET
cjel-11734	1062	36	heathier	heathi	ADJ
cjel-11734	1062	37	80	80	NUM
cjel-11734	1062	38	%	%	NOUN
cjel-11734	1062	39	that	that	PRON
cjel-11734	1062	40	meets	meet	VERB
cjel-11734	1062	41	the	the	DET
cjel-11734	1062	42	“	"	PUNCT
cjel-11734	1062	43	health	health	NOUN
cjel-11734	1062	44	-	-	PUNCT
cjel-11734	1062	45	focused	focused	ADJ
cjel-11734	1062	46	”	"	PUNCT
cjel-11734	1062	47	standards	standard	NOUN
cjel-11734	1062	48	.	.	PUNCT
cjel-11734	1063	1	surely	surely	ADV
cjel-11734	1063	2	,	,	PUNCT
cjel-11734	1063	3	some	some	DET
cjel-11734	1063	4	consumers	consumer	NOUN
cjel-11734	1063	5	might	might	AUX
cjel-11734	1063	6	be	be	AUX
cjel-11734	1063	7	upset	upset	ADJ
cjel-11734	1063	8	to	to	PART
cjel-11734	1063	9	learn	learn	VERB
cjel-11734	1063	10	that	that	SCONJ
cjel-11734	1063	11	the	the	DET
cjel-11734	1063	12	cereals	cereal	NOUN
cjel-11734	1063	13	they	they	PRON
cjel-11734	1063	14	bought	buy	VERB
cjel-11734	1063	15	specifically	specifically	ADV
cjel-11734	1063	16	for	for	ADP
cjel-11734	1063	17	health	health	NOUN
cjel-11734	1063	18	-	-	PUNCT
cjel-11734	1063	19	purposes	purpose	NOUN
cjel-11734	1063	20	gave	give	VERB
cjel-11734	1063	21	them	they	PRON
cjel-11734	1063	22	as	as	ADV
cjel-11734	1063	23	much	much	ADJ
cjel-11734	1063	24	,	,	PUNCT
cjel-11734	1063	25	or	or	CCONJ
cjel-11734	1063	26	even	even	ADV
cjel-11734	1063	27	greater	great	ADJ
cjel-11734	1063	28	,	,	PUNCT
cjel-11734	1063	29	exposure	exposure	NOUN
cjel-11734	1063	30	to	to	ADP
cjel-11734	1063	31	the	the	DET
cjel-11734	1063	32	unhealthy	unhealthy	ADJ
cjel-11734	1063	33	ingredients	ingredient	NOUN
cjel-11734	1063	34	they	they	PRON
cjel-11734	1063	35	were	be	AUX
cjel-11734	1063	36	trying	try	VERB
cjel-11734	1063	37	to	to	PART
cjel-11734	1063	38	avoid	avoid	VERB
cjel-11734	1063	39	.	.	PUNCT
cjel-11734	1064	1	this	this	DET
cjel-11734	1064	2	analogy	analogy	NOUN
cjel-11734	1064	3	is	be	AUX
cjel-11734	1064	4	meant	mean	VERB
cjel-11734	1064	5	to	to	PART
cjel-11734	1064	6	show	show	VERB
cjel-11734	1064	7	:	:	PUNCT
cjel-11734	1064	8	(	(	PUNCT
cjel-11734	1064	9	1	1	X
cjel-11734	1064	10	)	)	PUNCT
cjel-11734	1064	11	there	there	PRON
cjel-11734	1064	12	are	be	VERB
cjel-11734	1064	13	benefits	benefit	NOUN
cjel-11734	1064	14	to	to	ADP
cjel-11734	1064	15	allowing	allow	VERB
cjel-11734	1064	16	integration	integration	NOUN
cjel-11734	1064	17	funds	fund	NOUN
cjel-11734	1064	18	to	to	PART
cjel-11734	1064	19	label	label	VERB
cjel-11734	1064	20	themselves	themselves	PRON
cjel-11734	1064	21	accordingly	accordingly	ADV
cjel-11734	1064	22	,	,	PUNCT
cjel-11734	1064	23	and	and	CCONJ
cjel-11734	1064	24	(	(	PUNCT
cjel-11734	1064	25	2	2	X
cjel-11734	1064	26	)	)	PUNCT
cjel-11734	1064	27	that	that	SCONJ
cjel-11734	1064	28	the	the	DET
cjel-11734	1064	29	80	80	NUM
cjel-11734	1064	30	%	%	NOUN
cjel-11734	1064	31	investment	investment	NOUN
cjel-11734	1064	32	allocation	allocation	NOUN
cjel-11734	1064	33	requirement	requirement	NOUN
cjel-11734	1064	34	can	can	AUX
cjel-11734	1064	35	not	not	PART
cjel-11734	1064	36	apply	apply	VERB
cjel-11734	1064	37	equally	equally	ADV
cjel-11734	1064	38	to	to	ADP
cjel-11734	1064	39	all	all	DET
cjel-11734	1064	40	funds	fund	NOUN
cjel-11734	1064	41	that	that	PRON
cjel-11734	1064	42	incorporate	incorporate	VERB
cjel-11734	1064	43	esg	esg	NOUN
cjel-11734	1064	44	criteria	criterion	NOUN
cjel-11734	1064	45	,	,	PUNCT
cjel-11734	1064	46	and	and	CCONJ
cjel-11734	1064	47	for	for	ADP
cjel-11734	1064	48	esg	esg	PROPN
cjel-11734	1064	49	-	-	PUNCT
cjel-11734	1064	50	focused	focus	VERB
cjel-11734	1064	51	and	and	CCONJ
cjel-11734	1064	52	impact	impact	NOUN
cjel-11734	1064	53	funds	fund	NOUN
cjel-11734	1064	54	,	,	PUNCT
cjel-11734	1064	55	should	should	AUX
cjel-11734	1064	56	be	be	AUX
cjel-11734	1064	57	higher	high	ADJ
cjel-11734	1064	58	than	than	ADP
cjel-11734	1064	59	80	80	NUM
cjel-11734	1064	60	%	%	NOUN
cjel-11734	1064	61	.	.	PUNCT
cjel-11734	1065	1	while	while	SCONJ
cjel-11734	1065	2	such	such	DET
cjel-11734	1065	3	a	a	DET
cjel-11734	1065	4	threshold	threshold	NOUN
cjel-11734	1065	5	may	may	AUX
cjel-11734	1065	6	be	be	AUX
cjel-11734	1065	7	appropriate	appropriate	ADJ
cjel-11734	1065	8	for	for	ADP
cjel-11734	1065	9	integration	integration	NOUN
cjel-11734	1065	10	funds	fund	NOUN
cjel-11734	1065	11	,	,	PUNCT
cjel-11734	1065	12	it	it	PRON
cjel-11734	1065	13	would	would	AUX
cjel-11734	1065	14	conflict	conflict	VERB
cjel-11734	1065	15	with	with	ADP
cjel-11734	1065	16	many	many	ADJ
cjel-11734	1065	17	investors	investor	NOUN
cjel-11734	1065	18	’	'	PUNCT
cjel-11734	1065	19	“	"	PUNCT
cjel-11734	1065	20	extra	extra	ADJ
cjel-11734	1065	21	-	-	ADJ
cjel-11734	1065	22	market	market	NOUN
cjel-11734	1065	23	”	"	PUNCT
cjel-11734	1065	24	expectations275	expectations275	PROPN
cjel-11734	1065	25	if	if	SCONJ
cjel-11734	1065	26	an	an	DET
cjel-11734	1065	27	esg	esg	NOUN
cjel-11734	1065	28	-	-	PUNCT
cjel-11734	1065	29	focused	focus	VERB
cjel-11734	1065	30	or	or	CCONJ
cjel-11734	1065	31	impact	impact	NOUN
cjel-11734	1065	32	fund	fund	NOUN
cjel-11734	1065	33	had	have	VERB
cjel-11734	1065	34	a	a	DET
cjel-11734	1065	35	sizable	sizable	ADJ
cjel-11734	1065	36	portion	portion	NOUN
cjel-11734	1065	37	of	of	ADP
cjel-11734	1065	38	the	the	DET
cjel-11734	1065	39	fund	fund	NOUN
cjel-11734	1065	40	not	not	PART
cjel-11734	1065	41	adhering	adhere	VERB
cjel-11734	1065	42	to	to	ADP
cjel-11734	1065	43	its	its	PRON
cjel-11734	1065	44	investment	investment	NOUN
cjel-11734	1065	45	criteria	criterion	NOUN
cjel-11734	1065	46	,	,	PUNCT
cjel-11734	1065	47	or	or	CCONJ
cjel-11734	1065	48	even	even	ADV
cjel-11734	1065	49	worse	bad	ADJ
cjel-11734	1065	50	,	,	PUNCT
cjel-11734	1065	51	directly	directly	ADV
cjel-11734	1065	52	working	work	VERB
cjel-11734	1065	53	against	against	ADP
cjel-11734	1065	54	investors	investor	NOUN
cjel-11734	1065	55	’	’	PART
cjel-11734	1065	56	intentions	intention	NOUN
cjel-11734	1065	57	and	and	CCONJ
cjel-11734	1065	58	motivations	motivation	NOUN
cjel-11734	1065	59	for	for	ADP
cjel-11734	1065	60	investing	invest	VERB
cjel-11734	1065	61	in	in	ADP
cjel-11734	1065	62	the	the	DET
cjel-11734	1065	63	fund	fund	NOUN
cjel-11734	1065	64	in	in	ADP
cjel-11734	1065	65	the	the	DET
cjel-11734	1065	66	first	first	ADJ
cjel-11734	1065	67	place	place	NOUN
cjel-11734	1065	68	.	.	PUNCT
cjel-11734	1066	1	the	the	DET
cjel-11734	1066	2	274	274	NUM
cjel-11734	1066	3	.	.	PUNCT
cjel-11734	1067	1	for	for	ADP
cjel-11734	1067	2	example	example	NOUN
cjel-11734	1067	3	,	,	PUNCT
cjel-11734	1067	4	some	some	DET
cjel-11734	1067	5	esg	esg	PROPN
cjel-11734	1067	6	investors	investor	NOUN
cjel-11734	1067	7	will	will	AUX
cjel-11734	1067	8	look	look	VERB
cjel-11734	1067	9	to	to	PART
cjel-11734	1067	10	have	have	VERB
cjel-11734	1067	11	an	an	DET
cjel-11734	1067	12	impact	impact	NOUN
cjel-11734	1067	13	by	by	ADP
cjel-11734	1067	14	directly	directly	ADV
cjel-11734	1067	15	engaging	engage	VERB
cjel-11734	1067	16	with	with	ADP
cjel-11734	1067	17	a	a	DET
cjel-11734	1067	18	corporation	corporation	NOUN
cjel-11734	1067	19	’s	’s	PART
cjel-11734	1067	20	management	management	NOUN
cjel-11734	1067	21	,	,	PUNCT
cjel-11734	1067	22	whereas	whereas	SCONJ
cjel-11734	1067	23	other	other	ADJ
cjel-11734	1067	24	investors	investor	NOUN
cjel-11734	1067	25	will	will	AUX
cjel-11734	1067	26	use	use	VERB
cjel-11734	1067	27	their	their	PRON
cjel-11734	1067	28	funds	fund	NOUN
cjel-11734	1067	29	to	to	PART
cjel-11734	1067	30	support	support	VERB
cjel-11734	1067	31	companies	company	NOUN
cjel-11734	1067	32	with	with	ADP
cjel-11734	1067	33	industry	industry	NOUN
cjel-11734	1067	34	-	-	PUNCT
cjel-11734	1067	35	leading	lead	VERB
cjel-11734	1067	36	environmental	environmental	ADJ
cjel-11734	1067	37	practices	practice	NOUN
cjel-11734	1067	38	.	.	PUNCT
cjel-11734	1068	1	275	275	NUM
cjel-11734	1068	2	.	.	PUNCT
cjel-11734	1069	1	see	see	VERB
cjel-11734	1069	2	ryan	ryan	PROPN
cjel-11734	1069	3	clements	clements	PROPN
cjel-11734	1069	4	,	,	PUNCT
cjel-11734	1069	5	why	why	SCONJ
cjel-11734	1069	6	comparability	comparability	NOUN
cjel-11734	1069	7	is	be	AUX
cjel-11734	1069	8	a	a	DET
cjel-11734	1069	9	greater	great	ADJ
cjel-11734	1069	10	problem	problem	NOUN
cjel-11734	1069	11	than	than	ADP
cjel-11734	1069	12	greenwashing	greenwashe	VERB
cjel-11734	1069	13	in	in	ADP
cjel-11734	1069	14	esg	esg	PROPN
cjel-11734	1069	15	etfs	etfs	PROPN
cjel-11734	1069	16	,	,	PUNCT
cjel-11734	1069	17	13	13	NUM
cjel-11734	1069	18	wm	wm	PROPN
cjel-11734	1069	19	.	.	PROPN
cjel-11734	1069	20	&	&	CCONJ
cjel-11734	1069	21	mary	mary	PROPN
cjel-11734	1069	22	bus	bus	PROPN
cjel-11734	1069	23	.	.	PUNCT
cjel-11734	1070	1	l.	l.	PROPN
cjel-11734	1070	2	rev	rev	PROPN
cjel-11734	1070	3	.	.	PROPN
cjel-11734	1070	4	441	441	NUM
cjel-11734	1070	5	,	,	PUNCT
cjel-11734	1070	6	451	451	NUM
cjel-11734	1070	7	(	(	PUNCT
cjel-11734	1070	8	2022	2022	NUM
cjel-11734	1070	9	)	)	PUNCT
cjel-11734	1070	10	(	(	PUNCT
cjel-11734	1070	11	noting	note	VERB
cjel-11734	1070	12	that	that	SCONJ
cjel-11734	1070	13	supporters	supporter	NOUN
cjel-11734	1070	14	of	of	ADP
cjel-11734	1070	15	sustainable	sustainable	ADJ
cjel-11734	1070	16	investing	investing	NOUN
cjel-11734	1070	17	see	see	VERB
cjel-11734	1070	18	it	it	PRON
cjel-11734	1070	19	as	as	ADP
cjel-11734	1070	20	a	a	DET
cjel-11734	1070	21	way	way	NOUN
cjel-11734	1070	22	to	to	PART
cjel-11734	1070	23	positively	positively	ADV
cjel-11734	1070	24	enact	enact	VERB
cjel-11734	1070	25	social	social	ADJ
cjel-11734	1070	26	and	and	CCONJ
cjel-11734	1070	27	environmental	environmental	ADJ
cjel-11734	1070	28	change	change	NOUN
cjel-11734	1070	29	)	)	PUNCT
cjel-11734	1070	30	.	.	PUNCT
cjel-11734	1071	1	2023	2023	NUM
cjel-11734	1071	2	]	]	PUNCT
cjel-11734	1071	3	green	green	ADJ
cjel-11734	1071	4	funds	fund	NOUN
cjel-11734	1071	5	in	in	ADP
cjel-11734	1071	6	a	a	DET
cjel-11734	1071	7	gray	gray	ADJ
cjel-11734	1071	8	area	area	NOUN
cjel-11734	1071	9	469	469	NUM
cjel-11734	1071	10	proposed	propose	VERB
cjel-11734	1071	11	names	name	NOUN
cjel-11734	1071	12	rule	rule	NOUN
cjel-11734	1071	13	will	will	AUX
cjel-11734	1071	14	keep	keep	VERB
cjel-11734	1071	15	esg	esg	NOUN
cjel-11734	1071	16	funds	fund	NOUN
cjel-11734	1071	17	in	in	ADP
cjel-11734	1071	18	a	a	DET
cjel-11734	1071	19	gray	gray	ADJ
cjel-11734	1071	20	area	area	NOUN
cjel-11734	1071	21	(	(	PUNCT
cjel-11734	1071	22	albeit	albeit	SCONJ
cjel-11734	1071	23	a	a	DET
cjel-11734	1071	24	different	different	ADJ
cjel-11734	1071	25	one	one	NUM
cjel-11734	1071	26	)	)	PUNCT
cjel-11734	1071	27	.	.	PUNCT
cjel-11734	1072	1	the	the	DET
cjel-11734	1072	2	below	below	ADJ
cjel-11734	1072	3	sections	section	NOUN
cjel-11734	1072	4	explore	explore	VERB
cjel-11734	1072	5	these	these	DET
cjel-11734	1072	6	ideas	idea	NOUN
cjel-11734	1072	7	in	in	ADP
cjel-11734	1072	8	more	more	ADJ
cjel-11734	1072	9	detail	detail	NOUN
cjel-11734	1072	10	.	.	PUNCT
cjel-11734	1073	1	a.	a.	NOUN
cjel-11734	1073	2	all	all	DET
cjel-11734	1073	3	esg	esg	PROPN
cjel-11734	1073	4	funds	fund	NOUN
cjel-11734	1073	5	should	should	AUX
cjel-11734	1073	6	be	be	AUX
cjel-11734	1073	7	required	require	VERB
cjel-11734	1073	8	to	to	PART
cjel-11734	1073	9	label	label	VERB
cjel-11734	1073	10	themselves	themselves	PRON
cjel-11734	1073	11	according	accord	VERB
cjel-11734	1073	12	to	to	ADP
cjel-11734	1073	13	the	the	DET
cjel-11734	1073	14	classification	classification	NOUN
cjel-11734	1073	15	under	under	ADP
cjel-11734	1073	16	the	the	DET
cjel-11734	1073	17	sec	sec	PROPN
cjel-11734	1073	18	’s	’s	PART
cjel-11734	1073	19	proposed	propose	VERB
cjel-11734	1073	20	taxonomy	taxonomy	NOUN
cjel-11734	1073	21	under	under	ADP
cjel-11734	1073	22	the	the	DET
cjel-11734	1073	23	proposed	propose	VERB
cjel-11734	1073	24	esg	esg	PROPN
cjel-11734	1073	25	fund	fund	PROPN
cjel-11734	1073	26	disclosure	disclosure	NOUN
cjel-11734	1073	27	rule	rule	NOUN
cjel-11734	1073	28	,	,	PUNCT
cjel-11734	1073	29	the	the	DET
cjel-11734	1073	30	sec	sec	PROPN
cjel-11734	1073	31	would	would	AUX
cjel-11734	1073	32	consider	consider	VERB
cjel-11734	1073	33	it	it	PRON
cjel-11734	1073	34	materially	materially	ADV
cjel-11734	1073	35	deceptive	deceptive	ADJ
cjel-11734	1073	36	or	or	CCONJ
cjel-11734	1073	37	misleading	misleading	ADJ
cjel-11734	1073	38	for	for	ADP
cjel-11734	1073	39	an	an	DET
cjel-11734	1073	40	integration	integration	NOUN
cjel-11734	1073	41	fund	fund	NOUN
cjel-11734	1073	42	to	to	PART
cjel-11734	1073	43	use	use	VERB
cjel-11734	1073	44	any	any	DET
cjel-11734	1073	45	esg	esg	NOUN
cjel-11734	1073	46	terminology	terminology	NOUN
cjel-11734	1073	47	in	in	ADP
cjel-11734	1073	48	its	its	PRON
cjel-11734	1073	49	name.276	name.276	NOUN
cjel-11734	1073	50	however	however	ADV
cjel-11734	1073	51	,	,	PUNCT
cjel-11734	1073	52	the	the	DET
cjel-11734	1073	53	sec	sec	PROPN
cjel-11734	1073	54	is	be	AUX
cjel-11734	1073	55	also	also	ADV
cjel-11734	1073	56	debating	debate	VERB
cjel-11734	1073	57	whether	whether	SCONJ
cjel-11734	1073	58	to	to	PART
cjel-11734	1073	59	permit	permit	VERB
cjel-11734	1073	60	integration	integration	NOUN
cjel-11734	1073	61	funds	fund	NOUN
cjel-11734	1073	62	to	to	PART
cjel-11734	1073	63	label	label	VERB
cjel-11734	1073	64	themselves	themselves	PRON
cjel-11734	1073	65	using	use	VERB
cjel-11734	1073	66	esg	esg	NOUN
cjel-11734	1073	67	terminology	terminology	NOUN
cjel-11734	1073	68	so	so	ADV
cjel-11734	1073	69	long	long	ADV
cjel-11734	1073	70	as	as	SCONJ
cjel-11734	1073	71	they	they	PRON
cjel-11734	1073	72	also	also	ADV
cjel-11734	1073	73	include	include	VERB
cjel-11734	1073	74	the	the	DET
cjel-11734	1073	75	“	"	PUNCT
cjel-11734	1073	76	integration	integration	NOUN
cjel-11734	1073	77	”	"	PUNCT
cjel-11734	1073	78	label.277	label.277	NOUN
cjel-11734	1073	79	the	the	DET
cjel-11734	1073	80	sec	sec	PROPN
cjel-11734	1073	81	should	should	AUX
cjel-11734	1073	82	.	.	PUNCT
cjel-11734	1074	1	to	to	PART
cjel-11734	1074	2	provide	provide	VERB
cjel-11734	1074	3	investors	investor	NOUN
cjel-11734	1074	4	with	with	ADP
cjel-11734	1074	5	the	the	DET
cjel-11734	1074	6	best	good	ADJ
cjel-11734	1074	7	opportunity	opportunity	NOUN
cjel-11734	1074	8	to	to	PART
cjel-11734	1074	9	identify	identify	VERB
cjel-11734	1074	10	which	which	DET
cjel-11734	1074	11	funds	fund	NOUN
cjel-11734	1074	12	incorporate	incorporate	VERB
cjel-11734	1074	13	esg	esg	NOUN
cjel-11734	1074	14	factors	factor	NOUN
cjel-11734	1074	15	to	to	ADP
cjel-11734	1074	16	the	the	DET
cjel-11734	1074	17	extent	extent	NOUN
cjel-11734	1074	18	that	that	SCONJ
cjel-11734	1074	19	most	most	ADV
cjel-11734	1074	20	closely	closely	ADV
cjel-11734	1074	21	aligns	align	VERB
cjel-11734	1074	22	with	with	ADP
cjel-11734	1074	23	their	their	PRON
cjel-11734	1074	24	personal	personal	ADJ
cjel-11734	1074	25	investing	investing	NOUN
cjel-11734	1074	26	objectives	objective	NOUN
cjel-11734	1074	27	,	,	PUNCT
cjel-11734	1074	28	the	the	DET
cjel-11734	1074	29	sec	sec	PROPN
cjel-11734	1074	30	should	should	AUX
cjel-11734	1074	31	require	require	VERB
cjel-11734	1074	32	all	all	DET
cjel-11734	1074	33	esg	esg	NOUN
cjel-11734	1074	34	funds	fund	NOUN
cjel-11734	1074	35	—	—	PUNCT
cjel-11734	1074	36	integration	integration	NOUN
cjel-11734	1074	37	,	,	PUNCT
cjel-11734	1074	38	esg	esg	PROPN
cjel-11734	1074	39	-	-	PUNCT
cjel-11734	1074	40	focused	focused	ADJ
cjel-11734	1074	41	,	,	PUNCT
cjel-11734	1074	42	and	and	CCONJ
cjel-11734	1074	43	impact	impact	NOUN
cjel-11734	1074	44	funds	fund	NOUN
cjel-11734	1074	45	—	—	PUNCT
cjel-11734	1074	46	to	to	PART
cjel-11734	1074	47	label	label	VERB
cjel-11734	1074	48	themselves	themselves	PRON
cjel-11734	1074	49	as	as	ADP
cjel-11734	1074	50	such	such	ADJ
cjel-11734	1074	51	.	.	PUNCT
cjel-11734	1075	1	specifically	specifically	ADV
cjel-11734	1075	2	,	,	PUNCT
cjel-11734	1075	3	the	the	DET
cjel-11734	1075	4	terms	term	NOUN
cjel-11734	1075	5	,	,	PUNCT
cjel-11734	1075	6	as	as	SCONJ
cjel-11734	1075	7	defined	define	VERB
cjel-11734	1075	8	by	by	ADP
cjel-11734	1075	9	the	the	DET
cjel-11734	1075	10	sec	sec	PROPN
cjel-11734	1075	11	in	in	ADP
cjel-11734	1075	12	the	the	DET
cjel-11734	1075	13	proposed	propose	VERB
cjel-11734	1075	14	esg	esg	PROPN
cjel-11734	1075	15	fund	fund	NOUN
cjel-11734	1075	16	rule	rule	NOUN
cjel-11734	1075	17	or	or	CCONJ
cjel-11734	1075	18	as	as	ADV
cjel-11734	1075	19	modified	modify	VERB
cjel-11734	1075	20	in	in	ADP
cjel-11734	1075	21	the	the	DET
cjel-11734	1075	22	final	final	ADJ
cjel-11734	1075	23	version	version	NOUN
cjel-11734	1075	24	,	,	PUNCT
cjel-11734	1075	25	should	should	AUX
cjel-11734	1075	26	be	be	AUX
cjel-11734	1075	27	included	include	VERB
cjel-11734	1075	28	in	in	ADP
cjel-11734	1075	29	the	the	DET
cjel-11734	1075	30	funds	fund	NOUN
cjel-11734	1075	31	’	'	PUNCT
cjel-11734	1075	32	names	name	NOUN
cjel-11734	1075	33	(	(	PUNCT
cjel-11734	1075	34	e.g.	e.g.	ADV
cjel-11734	1075	35	,	,	PUNCT
cjel-11734	1075	36	the	the	DET
cjel-11734	1075	37	“	"	PUNCT
cjel-11734	1075	38	abc	abc	PROPN
cjel-11734	1075	39	esg	esg	PROPN
cjel-11734	1075	40	integration	integration	NOUN
cjel-11734	1075	41	fund	fund	NOUN
cjel-11734	1075	42	”	"	PUNCT
cjel-11734	1075	43	)	)	PUNCT
cjel-11734	1075	44	,	,	PUNCT
cjel-11734	1075	45	along	along	ADP
cjel-11734	1075	46	with	with	ADP
cjel-11734	1075	47	an	an	DET
cjel-11734	1075	48	accompanying	accompany	VERB
cjel-11734	1075	49	explanation	explanation	NOUN
cjel-11734	1075	50	of	of	ADP
cjel-11734	1075	51	the	the	DET
cjel-11734	1075	52	label	label	NOUN
cjel-11734	1075	53	’s	’s	PART
cjel-11734	1075	54	significance	significance	NOUN
cjel-11734	1075	55	.	.	PUNCT
cjel-11734	1076	1	some	some	DET
cjel-11734	1076	2	view	view	NOUN
cjel-11734	1076	3	esg	esg	PROPN
cjel-11734	1076	4	investing	invest	VERB
cjel-11734	1076	5	as	as	ADP
cjel-11734	1076	6	a	a	DET
cjel-11734	1076	7	strategy	strategy	NOUN
cjel-11734	1076	8	to	to	PART
cjel-11734	1076	9	maximize	maximize	VERB
cjel-11734	1076	10	returns	return	NOUN
cjel-11734	1076	11	.	.	PUNCT
cjel-11734	1077	1	for	for	ADP
cjel-11734	1077	2	these	these	DET
cjel-11734	1077	3	investors	investor	NOUN
cjel-11734	1077	4	,	,	PUNCT
cjel-11734	1077	5	any	any	DET
cjel-11734	1077	6	positive	positive	ADJ
cjel-11734	1077	7	societal	societal	ADJ
cjel-11734	1077	8	esg	esg	PROPN
cjel-11734	1077	9	-	-	PUNCT
cjel-11734	1077	10	related	relate	VERB
cjel-11734	1077	11	benefit	benefit	NOUN
cjel-11734	1077	12	is	be	AUX
cjel-11734	1077	13	incidental	incidental	ADJ
cjel-11734	1077	14	to	to	ADP
cjel-11734	1077	15	their	their	PRON
cjel-11734	1077	16	primary	primary	ADJ
cjel-11734	1077	17	objective	objective	NOUN
cjel-11734	1077	18	of	of	ADP
cjel-11734	1077	19	maximizing	maximize	VERB
cjel-11734	1077	20	profits	profit	NOUN
cjel-11734	1077	21	.	.	PUNCT
cjel-11734	1078	1	however	however	ADV
cjel-11734	1078	2	,	,	PUNCT
cjel-11734	1078	3	if	if	SCONJ
cjel-11734	1078	4	these	these	DET
cjel-11734	1078	5	integration	integration	NOUN
cjel-11734	1078	6	funds	fund	NOUN
cjel-11734	1078	7	can	can	AUX
cjel-11734	1078	8	not	not	PART
cjel-11734	1078	9	label	label	VERB
cjel-11734	1078	10	themselves	themselves	PRON
cjel-11734	1078	11	as	as	ADP
cjel-11734	1078	12	such	such	ADJ
cjel-11734	1078	13	,	,	PUNCT
cjel-11734	1078	14	investors	investor	NOUN
cjel-11734	1078	15	interested	interested	ADJ
cjel-11734	1078	16	in	in	ADP
cjel-11734	1078	17	the	the	DET
cjel-11734	1078	18	profit	profit	NOUN
cjel-11734	1078	19	-	-	PUNCT
cjel-11734	1078	20	maximizing	maximize	VERB
cjel-11734	1078	21	qualities	quality	NOUN
cjel-11734	1078	22	of	of	ADP
cjel-11734	1078	23	esg	esg	NOUN
cjel-11734	1078	24	strategies	strategy	NOUN
cjel-11734	1078	25	will	will	AUX
cjel-11734	1078	26	struggle	struggle	VERB
cjel-11734	1078	27	to	to	PART
cjel-11734	1078	28	find	find	VERB
cjel-11734	1078	29	funds	fund	NOUN
cjel-11734	1078	30	that	that	PRON
cjel-11734	1078	31	consider	consider	VERB
cjel-11734	1078	32	esg	esg	NOUN
cjel-11734	1078	33	factors	factor	NOUN
cjel-11734	1078	34	to	to	ADP
cjel-11734	1078	35	the	the	DET
cjel-11734	1078	36	extent	extent	NOUN
cjel-11734	1078	37	they	they	PRON
cjel-11734	1078	38	desire	desire	VERB
cjel-11734	1078	39	.	.	PUNCT
cjel-11734	1079	1	they	they	PRON
cjel-11734	1079	2	may	may	AUX
cjel-11734	1079	3	naturally	naturally	ADV
cjel-11734	1079	4	turn	turn	VERB
cjel-11734	1079	5	toward	toward	ADP
cjel-11734	1079	6	esg	esg	NOUN
cjel-11734	1079	7	-	-	PUNCT
cjel-11734	1079	8	focused	focus	VERB
cjel-11734	1079	9	funds	fund	NOUN
cjel-11734	1079	10	,	,	PUNCT
cjel-11734	1079	11	but	but	CCONJ
cjel-11734	1079	12	these	these	DET
cjel-11734	1079	13	funds	fund	NOUN
cjel-11734	1079	14	,	,	PUNCT
cjel-11734	1079	15	which	which	PRON
cjel-11734	1079	16	consider	consider	VERB
cjel-11734	1079	17	esg	esg	NOUN
cjel-11734	1079	18	factors	factor	NOUN
cjel-11734	1079	19	as	as	ADP
cjel-11734	1079	20	a	a	DET
cjel-11734	1079	21	primary	primary	ADJ
cjel-11734	1079	22	focus	focus	NOUN
cjel-11734	1079	23	of	of	ADP
cjel-11734	1079	24	the	the	DET
cjel-11734	1079	25	fund	fund	NOUN
cjel-11734	1079	26	’s	’s	PART
cjel-11734	1079	27	strategy	strategy	NOUN
cjel-11734	1079	28	,	,	PUNCT
cjel-11734	1079	29	might	might	AUX
cjel-11734	1079	30	not	not	PART
cjel-11734	1079	31	deliver	deliver	VERB
cjel-11734	1079	32	the	the	DET
cjel-11734	1079	33	returns	return	NOUN
cjel-11734	1079	34	these	these	DET
cjel-11734	1079	35	investors	investor	NOUN
cjel-11734	1079	36	seek	seek	VERB
cjel-11734	1079	37	as	as	SCONJ
cjel-11734	1079	38	they	they	PRON
cjel-11734	1079	39	prioritize	prioritize	VERB
cjel-11734	1079	40	impact	impact	NOUN
cjel-11734	1079	41	to	to	ADP
cjel-11734	1079	42	a	a	DET
cjel-11734	1079	43	greater	great	ADJ
cjel-11734	1079	44	extent	extent	NOUN
cjel-11734	1079	45	than	than	SCONJ
cjel-11734	1079	46	the	the	DET
cjel-11734	1079	47	investor	investor	NOUN
cjel-11734	1079	48	might	might	AUX
cjel-11734	1079	49	be	be	AUX
cjel-11734	1079	50	comfortable	comfortable	ADJ
cjel-11734	1079	51	with	with	ADP
cjel-11734	1079	52	.	.	PUNCT
cjel-11734	1080	1	by	by	ADP
cjel-11734	1080	2	allowing	allow	VERB
cjel-11734	1080	3	integration	integration	NOUN
cjel-11734	1080	4	funds	fund	NOUN
cjel-11734	1080	5	to	to	PART
cjel-11734	1080	6	label	label	VERB
cjel-11734	1080	7	themselves	themselves	PRON
cjel-11734	1080	8	accordingly	accordingly	ADV
cjel-11734	1080	9	,	,	PUNCT
cjel-11734	1080	10	the	the	DET
cjel-11734	1080	11	sec	sec	PROPN
cjel-11734	1080	12	can	can	AUX
cjel-11734	1080	13	enable	enable	VERB
cjel-11734	1080	14	profit	profit	NOUN
cjel-11734	1080	15	-	-	PUNCT
cjel-11734	1080	16	seeking	seek	VERB
cjel-11734	1080	17	esg	esg	PROPN
cjel-11734	1080	18	investors	investor	NOUN
cjel-11734	1080	19	to	to	PART
cjel-11734	1080	20	more	more	ADV
cjel-11734	1080	21	easily	easily	ADV
cjel-11734	1080	22	find	find	VERB
cjel-11734	1080	23	the	the	DET
cjel-11734	1080	24	funds	fund	NOUN
cjel-11734	1080	25	that	that	PRON
cjel-11734	1080	26	best	good	ADJ
cjel-11734	1080	27	match	match	VERB
cjel-11734	1080	28	their	their	PRON
cjel-11734	1080	29	objectives	objective	NOUN
cjel-11734	1080	30	.	.	PUNCT
cjel-11734	1081	1	plus	plus	CCONJ
cjel-11734	1081	2	,	,	PUNCT
cjel-11734	1081	3	the	the	DET
cjel-11734	1081	4	accompanying	accompanying	ADJ
cjel-11734	1081	5	description	description	NOUN
cjel-11734	1081	6	—	—	PUNCT
cjel-11734	1081	7	which	which	PRON
cjel-11734	1081	8	makes	make	VERB
cjel-11734	1081	9	clear	clear	ADJ
cjel-11734	1081	10	the	the	DET
cjel-11734	1081	11	extent	extent	NOUN
cjel-11734	1081	12	to	to	PART
cjel-11734	1081	13	which	which	PRON
cjel-11734	1081	14	the	the	DET
cjel-11734	1081	15	integration	integration	NOUN
cjel-11734	1081	16	fund	fund	NOUN
cjel-11734	1081	17	considers	consider	VERB
cjel-11734	1081	18	esg	esg	NOUN
cjel-11734	1081	19	factors	factor	NOUN
cjel-11734	1081	20	—	—	PUNCT
cjel-11734	1081	21	should	should	AUX
cjel-11734	1081	22	mitigate	mitigate	VERB
cjel-11734	1081	23	investor	investor	NOUN
cjel-11734	1081	24	confusion	confusion	NOUN
cjel-11734	1081	25	.	.	PUNCT
cjel-11734	1082	1	276	276	NUM
cjel-11734	1082	2	.	.	PUNCT
cjel-11734	1082	3	enhanced	enhance	VERB
cjel-11734	1082	4	disclosures	disclosure	NOUN
cjel-11734	1082	5	by	by	ADP
cjel-11734	1082	6	certain	certain	ADJ
cjel-11734	1082	7	investment	investment	NOUN
cjel-11734	1082	8	advisers	adviser	NOUN
cjel-11734	1082	9	and	and	CCONJ
cjel-11734	1082	10	investment	investment	NOUN
cjel-11734	1082	11	companies	company	NOUN
cjel-11734	1082	12	about	about	ADP
cjel-11734	1082	13	environmental	environmental	ADJ
cjel-11734	1082	14	,	,	PUNCT
cjel-11734	1082	15	social	social	ADJ
cjel-11734	1082	16	,	,	PUNCT
cjel-11734	1082	17	and	and	CCONJ
cjel-11734	1082	18	governance	governance	NOUN
cjel-11734	1082	19	investment	investment	NOUN
cjel-11734	1082	20	practices	practice	NOUN
cjel-11734	1082	21	,	,	PUNCT
cjel-11734	1082	22	87	87	NUM
cjel-11734	1082	23	fed	fed	PROPN
cjel-11734	1082	24	.	.	PUNCT
cjel-11734	1083	1	reg	reg	PROPN
cjel-11734	1083	2	.	.	PROPN
cjel-11734	1084	1	36654	36654	NUM
cjel-11734	1084	2	,	,	PUNCT
cjel-11734	1084	3	36613	36613	NUM
cjel-11734	1084	4	–	–	PUNCT
cjel-11734	1084	5	14	14	NUM
cjel-11734	1084	6	(	(	PUNCT
cjel-11734	1084	7	june	june	PROPN
cjel-11734	1084	8	7	7	NUM
cjel-11734	1084	9	,	,	PUNCT
cjel-11734	1084	10	2022	2022	NUM
cjel-11734	1084	11	)	)	PUNCT
cjel-11734	1084	12	(	(	PUNCT
cjel-11734	1084	13	to	to	PART
cjel-11734	1084	14	be	be	AUX
cjel-11734	1084	15	codified	codify	VERB
cjel-11734	1084	16	at	at	ADP
cjel-11734	1084	17	17	17	NUM
cjel-11734	1084	18	c.f.r	c.f.r	NOUN
cjel-11734	1084	19	.	.	PUNCT
cjel-11734	1085	1	pts	pts	PROPN
cjel-11734	1085	2	.	.	PROPN
cjel-11734	1085	3	200	200	NUM
cjel-11734	1085	4	,	,	PUNCT
cjel-11734	1085	5	230	230	NUM
cjel-11734	1085	6	,	,	PUNCT
cjel-11734	1085	7	232	232	NUM
cjel-11734	1085	8	,	,	PUNCT
cjel-11734	1085	9	239	239	NUM
cjel-11734	1085	10	,	,	PUNCT
cjel-11734	1085	11	249	249	NUM
cjel-11734	1085	12	,	,	PUNCT
cjel-11734	1085	13	74	74	NUM
cjel-11734	1085	14	,	,	PUNCT
cjel-11734	1085	15	279	279	NUM
cjel-11734	1085	16	)	)	PUNCT
cjel-11734	1085	17	.	.	PUNCT
cjel-11734	1086	1	277	277	NUM
cjel-11734	1086	2	.	.	PUNCT
cjel-11734	1087	1	i	i	PRON
cjel-11734	1087	2	d.	d.	PROPN
cjel-11734	1087	3	at	at	ADP
cjel-11734	1087	4	36614	36614	NUM
cjel-11734	1087	5	.	.	PUNCT
cjel-11734	1088	1	470	470	NUM
cjel-11734	1088	2	columbia	columbia	PROPN
cjel-11734	1088	3	journal	journal	PROPN
cjel-11734	1088	4	of	of	ADP
cjel-11734	1088	5	environmental	environmental	ADJ
cjel-11734	1088	6	law	law	NOUN
cjel-11734	1089	1	[	[	X
cjel-11734	1089	2	vol.48:2	vol.48:2	NOUN
cjel-11734	1089	3	relatedly	relatedly	ADV
cjel-11734	1089	4	,	,	PUNCT
cjel-11734	1089	5	if	if	SCONJ
cjel-11734	1089	6	integration	integration	NOUN
cjel-11734	1089	7	funds	fund	NOUN
cjel-11734	1089	8	are	be	AUX
cjel-11734	1089	9	required	require	VERB
cjel-11734	1089	10	to	to	PART
cjel-11734	1089	11	use	use	VERB
cjel-11734	1089	12	a	a	DET
cjel-11734	1089	13	label	label	NOUN
cjel-11734	1089	14	in	in	ADP
cjel-11734	1089	15	their	their	PRON
cjel-11734	1089	16	names	name	NOUN
cjel-11734	1089	17	,	,	PUNCT
cjel-11734	1089	18	it	it	PRON
cjel-11734	1089	19	would	would	AUX
cjel-11734	1089	20	trigger	trigger	VERB
cjel-11734	1089	21	the	the	DET
cjel-11734	1089	22	names	name	NOUN
cjel-11734	1089	23	rule	rule	VERB
cjel-11734	1089	24	and	and	CCONJ
cjel-11734	1089	25	its	its	PRON
cjel-11734	1089	26	80	80	NUM
cjel-11734	1089	27	%	%	NOUN
cjel-11734	1089	28	investing	investing	NOUN
cjel-11734	1089	29	requirement	requirement	NOUN
cjel-11734	1089	30	.	.	PUNCT
cjel-11734	1090	1	for	for	ADP
cjel-11734	1090	2	many	many	ADJ
cjel-11734	1090	3	reasons	reason	NOUN
cjel-11734	1090	4	,	,	PUNCT
cjel-11734	1090	5	it	it	PRON
cjel-11734	1090	6	might	might	AUX
cjel-11734	1090	7	be	be	AUX
cjel-11734	1090	8	difficult	difficult	ADJ
cjel-11734	1090	9	for	for	ADP
cjel-11734	1090	10	a	a	DET
cjel-11734	1090	11	fund	fund	NOUN
cjel-11734	1090	12	that	that	PRON
cjel-11734	1090	13	passively	passively	ADV
cjel-11734	1090	14	considers	consider	VERB
cjel-11734	1090	15	esg	esg	NOUN
cjel-11734	1090	16	factors	factor	NOUN
cjel-11734	1090	17	to	to	PART
cjel-11734	1090	18	adhere	adhere	VERB
cjel-11734	1090	19	to	to	ADP
cjel-11734	1090	20	the	the	DET
cjel-11734	1090	21	80	80	NUM
cjel-11734	1090	22	%	%	NOUN
cjel-11734	1090	23	policy	policy	NOUN
cjel-11734	1090	24	the	the	DET
cjel-11734	1090	25	way	way	NOUN
cjel-11734	1090	26	an	an	DET
cjel-11734	1090	27	esg	esg	PROPN
cjel-11734	1090	28	-	-	PUNCT
cjel-11734	1090	29	focused	focus	VERB
cjel-11734	1090	30	fund	fund	NOUN
cjel-11734	1090	31	might	might	AUX
cjel-11734	1090	32	.	.	PUNCT
cjel-11734	1091	1	therefore	therefore	ADV
cjel-11734	1091	2	,	,	PUNCT
cjel-11734	1091	3	the	the	DET
cjel-11734	1091	4	sec	sec	PROPN
cjel-11734	1091	5	should	should	AUX
cjel-11734	1091	6	consider	consider	VERB
cjel-11734	1091	7	whether	whether	SCONJ
cjel-11734	1091	8	to	to	PART
cjel-11734	1091	9	exempt	exempt	VERB
cjel-11734	1091	10	integration	integration	NOUN
cjel-11734	1091	11	funds	fund	NOUN
cjel-11734	1091	12	from	from	ADP
cjel-11734	1091	13	the	the	DET
cjel-11734	1091	14	requirement	requirement	NOUN
cjel-11734	1091	15	,	,	PUNCT
cjel-11734	1091	16	or	or	CCONJ
cjel-11734	1091	17	to	to	PART
cjel-11734	1091	18	lower	lower	VERB
cjel-11734	1091	19	the	the	DET
cjel-11734	1091	20	percentage	percentage	NOUN
cjel-11734	1091	21	threshold	threshold	NOUN
cjel-11734	1091	22	.	.	PUNCT
cjel-11734	1092	1	if	if	SCONJ
cjel-11734	1092	2	a	a	DET
cjel-11734	1092	3	fund	fund	NOUN
cjel-11734	1092	4	chose	choose	VERB
cjel-11734	1092	5	the	the	DET
cjel-11734	1092	6	former	former	ADJ
cjel-11734	1092	7	path	path	NOUN
cjel-11734	1092	8	,	,	PUNCT
cjel-11734	1092	9	prominent	prominent	ADJ
cjel-11734	1092	10	disclosure	disclosure	NOUN
cjel-11734	1092	11	of	of	ADP
cjel-11734	1092	12	this	this	DET
cjel-11734	1092	13	fact	fact	NOUN
cjel-11734	1092	14	in	in	ADP
cjel-11734	1092	15	the	the	DET
cjel-11734	1092	16	fund	fund	NOUN
cjel-11734	1092	17	’s	’s	PART
cjel-11734	1092	18	prospectus	prospectus	NOUN
cjel-11734	1092	19	,	,	PUNCT
cjel-11734	1092	20	and	and	CCONJ
cjel-11734	1092	21	on	on	ADP
cjel-11734	1092	22	their	their	PRON
cjel-11734	1092	23	fund	fund	NOUN
cjel-11734	1092	24	website	website	NOUN
cjel-11734	1092	25	as	as	ADV
cjel-11734	1092	26	well	well	ADV
cjel-11734	1092	27	,	,	PUNCT
cjel-11734	1092	28	could	could	AUX
cjel-11734	1092	29	alert	alert	VERB
cjel-11734	1092	30	investors	investor	NOUN
cjel-11734	1092	31	to	to	ADP
cjel-11734	1092	32	this	this	DET
cjel-11734	1092	33	exemption	exemption	NOUN
cjel-11734	1092	34	.	.	PUNCT
cjel-11734	1093	1	investors	investor	NOUN
cjel-11734	1093	2	would	would	AUX
cjel-11734	1093	3	likewise	likewise	ADV
cjel-11734	1093	4	benefit	benefit	VERB
cjel-11734	1093	5	from	from	ADP
cjel-11734	1093	6	esg	esg	PROPN
cjel-11734	1093	7	-	-	PUNCT
cjel-11734	1093	8	focused	focus	VERB
cjel-11734	1093	9	and	and	CCONJ
cjel-11734	1093	10	impact	impact	NOUN
cjel-11734	1093	11	funds	fund	NOUN
cjel-11734	1093	12	incorporating	incorporate	VERB
cjel-11734	1093	13	these	these	DET
cjel-11734	1093	14	labels	label	NOUN
cjel-11734	1093	15	into	into	ADP
cjel-11734	1093	16	their	their	PRON
cjel-11734	1093	17	names	name	NOUN
cjel-11734	1093	18	.	.	PUNCT
cjel-11734	1094	1	as	as	SCONJ
cjel-11734	1094	2	the	the	DET
cjel-11734	1094	3	sec	sec	PROPN
cjel-11734	1094	4	has	have	AUX
cjel-11734	1094	5	recognized	recognize	VERB
cjel-11734	1094	6	on	on	ADP
cjel-11734	1094	7	several	several	ADJ
cjel-11734	1094	8	occasions	occasion	NOUN
cjel-11734	1094	9	,	,	PUNCT
cjel-11734	1094	10	a	a	DET
cjel-11734	1094	11	fund	fund	NOUN
cjel-11734	1094	12	’s	’s	PART
cjel-11734	1094	13	name	name	NOUN
cjel-11734	1094	14	is	be	AUX
cjel-11734	1094	15	critical	critical	ADJ
cjel-11734	1094	16	to	to	ADP
cjel-11734	1094	17	investors	investor	NOUN
cjel-11734	1094	18	and	and	CCONJ
cjel-11734	1094	19	their	their	PRON
cjel-11734	1094	20	ultimate	ultimate	ADJ
cjel-11734	1094	21	decision	decision	NOUN
cjel-11734	1094	22	to	to	PART
cjel-11734	1094	23	invest.278	invest.278	VERB
cjel-11734	1094	24	therefore	therefore	ADV
cjel-11734	1094	25	,	,	PUNCT
cjel-11734	1094	26	funds	fund	NOUN
cjel-11734	1094	27	should	should	AUX
cjel-11734	1094	28	be	be	AUX
cjel-11734	1094	29	required	require	VERB
cjel-11734	1094	30	to	to	PART
cjel-11734	1094	31	include	include	VERB
cjel-11734	1094	32	these	these	DET
cjel-11734	1094	33	classification	classification	NOUN
cjel-11734	1094	34	labels	label	NOUN
cjel-11734	1094	35	in	in	ADP
cjel-11734	1094	36	their	their	PRON
cjel-11734	1094	37	names	name	NOUN
cjel-11734	1094	38	.	.	PUNCT
cjel-11734	1095	1	investors	investor	NOUN
cjel-11734	1095	2	will	will	AUX
cjel-11734	1095	3	be	be	AUX
cjel-11734	1095	4	able	able	ADJ
cjel-11734	1095	5	to	to	PART
cjel-11734	1095	6	discern	discern	VERB
cjel-11734	1095	7	the	the	DET
cjel-11734	1095	8	extent	extent	NOUN
cjel-11734	1095	9	to	to	PART
cjel-11734	1095	10	which	which	PRON
cjel-11734	1095	11	a	a	DET
cjel-11734	1095	12	given	give	VERB
cjel-11734	1095	13	fund	fund	NOUN
cjel-11734	1095	14	incorporates	incorporate	VERB
cjel-11734	1095	15	esg	esg	NOUN
cjel-11734	1095	16	factors	factor	NOUN
cjel-11734	1095	17	into	into	ADP
cjel-11734	1095	18	its	its	PRON
cjel-11734	1095	19	investment	investment	NOUN
cjel-11734	1095	20	selection	selection	NOUN
cjel-11734	1095	21	process	process	NOUN
cjel-11734	1095	22	,	,	PUNCT
cjel-11734	1095	23	which	which	PRON
cjel-11734	1095	24	ultimately	ultimately	ADV
cjel-11734	1095	25	,	,	PUNCT
cjel-11734	1095	26	is	be	AUX
cjel-11734	1095	27	one	one	NUM
cjel-11734	1095	28	of	of	ADP
cjel-11734	1095	29	the	the	DET
cjel-11734	1095	30	main	main	ADJ
cjel-11734	1095	31	objectives	objective	NOUN
cjel-11734	1095	32	of	of	ADP
cjel-11734	1095	33	the	the	DET
cjel-11734	1095	34	proposed	propose	VERB
cjel-11734	1095	35	rules.279	rules.279	PROPN
cjel-11734	1095	36	b.	b.	PROPN
cjel-11734	1095	37	esg	esg	PROPN
cjel-11734	1095	38	-	-	PUNCT
cjel-11734	1095	39	focused	focus	VERB
cjel-11734	1095	40	and	and	CCONJ
cjel-11734	1095	41	impact	impact	NOUN
cjel-11734	1095	42	funds	fund	NOUN
cjel-11734	1095	43	should	should	AUX
cjel-11734	1095	44	have	have	VERB
cjel-11734	1095	45	higher	high	ADJ
cjel-11734	1095	46	investment	investment	NOUN
cjel-11734	1095	47	allocation	allocation	NOUN
cjel-11734	1095	48	requirements	requirement	NOUN
cjel-11734	1095	49	than	than	ADP
cjel-11734	1095	50	80	80	NUM
cjel-11734	1095	51	%	%	NOUN
cjel-11734	1095	52	while	while	SCONJ
cjel-11734	1095	53	it	it	PRON
cjel-11734	1095	54	is	be	AUX
cjel-11734	1095	55	unrealistic	unrealistic	ADJ
cjel-11734	1095	56	for	for	SCONJ
cjel-11734	1095	57	funds	fund	NOUN
cjel-11734	1095	58	to	to	PART
cjel-11734	1095	59	achieve	achieve	VERB
cjel-11734	1095	60	100	100	NUM
cjel-11734	1095	61	%	%	NOUN
cjel-11734	1095	62	compliance	compliance	NOUN
cjel-11734	1095	63	with	with	ADP
cjel-11734	1095	64	the	the	DET
cjel-11734	1095	65	fund	fund	NOUN
cjel-11734	1095	66	’s	’s	PART
cjel-11734	1095	67	investing	investing	NOUN
cjel-11734	1095	68	strategy	strategy	NOUN
cjel-11734	1095	69	,	,	PUNCT
cjel-11734	1095	70	this	this	DET
cjel-11734	1095	71	note	note	NOUN
cjel-11734	1095	72	argues	argue	VERB
cjel-11734	1095	73	that	that	SCONJ
cjel-11734	1095	74	an	an	DET
cjel-11734	1095	75	80	80	NUM
cjel-11734	1095	76	%	%	NOUN
cjel-11734	1095	77	investment	investment	NOUN
cjel-11734	1095	78	policy	policy	NOUN
cjel-11734	1095	79	is	be	AUX
cjel-11734	1095	80	too	too	ADV
cjel-11734	1095	81	low	low	ADJ
cjel-11734	1095	82	for	for	ADP
cjel-11734	1095	83	esg	esg	NOUN
cjel-11734	1095	84	-	-	PUNCT
cjel-11734	1095	85	focused	focus	VERB
cjel-11734	1095	86	and	and	CCONJ
cjel-11734	1095	87	impact	impact	NOUN
cjel-11734	1095	88	funds	fund	NOUN
cjel-11734	1095	89	.	.	PUNCT
cjel-11734	1096	1	following	follow	VERB
cjel-11734	1096	2	the	the	DET
cjel-11734	1096	3	sec	sec	PROPN
cjel-11734	1096	4	’s	’s	PART
cjel-11734	1096	5	proposals	proposal	NOUN
cjel-11734	1096	6	,	,	PUNCT
cjel-11734	1096	7	esg	esg	PROPN
cjel-11734	1096	8	-	-	PUNCT
cjel-11734	1096	9	focused	focus	VERB
cjel-11734	1096	10	and	and	CCONJ
cjel-11734	1096	11	impact	impact	NOUN
cjel-11734	1096	12	funds	fund	NOUN
cjel-11734	1096	13	are	be	AUX
cjel-11734	1096	14	being	be	AUX
cjel-11734	1096	15	held	hold	VERB
cjel-11734	1096	16	out	out	ADP
cjel-11734	1096	17	as	as	ADP
cjel-11734	1096	18	prioritizing	prioritize	VERB
cjel-11734	1096	19	esg	esg	NOUN
cjel-11734	1096	20	objectives	objective	NOUN
cjel-11734	1096	21	to	to	ADP
cjel-11734	1096	22	a	a	DET
cjel-11734	1096	23	significant	significant	ADJ
cjel-11734	1096	24	extent	extent	NOUN
cjel-11734	1096	25	,	,	PUNCT
cjel-11734	1096	26	and	and	CCONJ
cjel-11734	1096	27	therefore	therefore	ADV
cjel-11734	1096	28	,	,	PUNCT
cjel-11734	1096	29	should	should	AUX
cjel-11734	1096	30	be	be	AUX
cjel-11734	1096	31	abiding	abide	VERB
cjel-11734	1096	32	by	by	ADP
cjel-11734	1096	33	their	their	PRON
cjel-11734	1096	34	principal	principal	ADJ
cjel-11734	1096	35	strategies	strategy	NOUN
cjel-11734	1096	36	for	for	ADP
cjel-11734	1096	37	more	more	ADJ
cjel-11734	1096	38	than	than	ADP
cjel-11734	1096	39	80	80	NUM
cjel-11734	1096	40	%	%	NOUN
cjel-11734	1096	41	of	of	ADP
cjel-11734	1096	42	the	the	DET
cjel-11734	1096	43	funds.280	funds.280	NOUN
cjel-11734	1096	44	for	for	ADP
cjel-11734	1096	45	other	other	ADJ
cjel-11734	1096	46	funds	fund	NOUN
cjel-11734	1096	47	subject	subject	ADJ
cjel-11734	1096	48	to	to	ADP
cjel-11734	1096	49	the	the	DET
cjel-11734	1096	50	names	name	NOUN
cjel-11734	1096	51	rule	rule	NOUN
cjel-11734	1096	52	,	,	PUNCT
cjel-11734	1096	53	their	their	PRON
cjel-11734	1096	54	investors	investor	NOUN
cjel-11734	1096	55	’	’	PART
cjel-11734	1096	56	objectives	objective	NOUN
cjel-11734	1096	57	are	be	AUX
cjel-11734	1096	58	not	not	PART
cjel-11734	1096	59	counteracted	counteract	VERB
cjel-11734	1096	60	by	by	ADP
cjel-11734	1096	61	how	how	SCONJ
cjel-11734	1096	62	the	the	DET
cjel-11734	1096	63	other	other	ADJ
cjel-11734	1096	64	portion	portion	NOUN
cjel-11734	1096	65	of	of	ADP
cjel-11734	1096	66	the	the	DET
cjel-11734	1096	67	fund	fund	NOUN
cjel-11734	1096	68	is	be	AUX
cjel-11734	1096	69	managed	manage	VERB
cjel-11734	1096	70	.	.	PUNCT
cjel-11734	1097	1	for	for	ADP
cjel-11734	1097	2	instance	instance	NOUN
cjel-11734	1097	3	,	,	PUNCT
cjel-11734	1097	4	the	the	DET
cjel-11734	1097	5	“	"	PUNCT
cjel-11734	1097	6	abc	abc	PROPN
cjel-11734	1097	7	brazil	brazil	PROPN
cjel-11734	1097	8	fund	fund	PROPN
cjel-11734	1097	9	”	"	PUNCT
cjel-11734	1097	10	can	can	AUX
cjel-11734	1097	11	be	be	AUX
cjel-11734	1097	12	invested	invest	VERB
cjel-11734	1097	13	in	in	ADP
cjel-11734	1097	14	20	20	NUM
cjel-11734	1097	15	%	%	NOUN
cjel-11734	1097	16	non	non	ADJ
cjel-11734	1097	17	-	-	ADJ
cjel-11734	1097	18	brazilian	brazilian	ADJ
cjel-11734	1097	19	stocks	stock	NOUN
cjel-11734	1097	20	,	,	PUNCT
cjel-11734	1097	21	and	and	CCONJ
cjel-11734	1097	22	that	that	PRON
cjel-11734	1097	23	would	would	AUX
cjel-11734	1097	24	not	not	PART
cjel-11734	1097	25	work	work	VERB
cjel-11734	1097	26	against	against	ADP
cjel-11734	1097	27	the	the	DET
cjel-11734	1097	28	goal	goal	NOUN
cjel-11734	1097	29	of	of	ADP
cjel-11734	1097	30	investing	invest	VERB
cjel-11734	1097	31	in	in	ADP
cjel-11734	1097	32	brazilian	brazilian	ADJ
cjel-11734	1097	33	securities	security	NOUN
cjel-11734	1097	34	.	.	PUNCT
cjel-11734	1098	1	but	but	CCONJ
cjel-11734	1098	2	when	when	SCONJ
cjel-11734	1098	3	esg	esg	PROPN
cjel-11734	1098	4	funds	fund	NOUN
cjel-11734	1098	5	,	,	PUNCT
cjel-11734	1098	6	which	which	PRON
cjel-11734	1098	7	seek	seek	VERB
cjel-11734	1098	8	to	to	PART
cjel-11734	1098	9	balance	balance	VERB
cjel-11734	1098	10	impact	impact	NOUN
cjel-11734	1098	11	and	and	CCONJ
cjel-11734	1098	12	returns	return	NOUN
cjel-11734	1098	13	,	,	PUNCT
cjel-11734	1098	14	invest	invest	VERB
cjel-11734	1098	15	in	in	ADP
cjel-11734	1098	16	firms	firm	NOUN
cjel-11734	1098	17	that	that	PRON
cjel-11734	1098	18	are	be	AUX
cjel-11734	1098	19	excluded	exclude	VERB
cjel-11734	1098	20	from	from	ADP
cjel-11734	1098	21	the	the	DET
cjel-11734	1098	22	80	80	NUM
cjel-11734	1098	23	%	%	NOUN
cjel-11734	1098	24	of	of	ADP
cjel-11734	1098	25	the	the	DET
cjel-11734	1098	26	fund	fund	NOUN
cjel-11734	1098	27	,	,	PUNCT
cjel-11734	1098	28	they	they	PRON
cjel-11734	1098	29	undermine	undermine	VERB
cjel-11734	1098	30	the	the	DET
cjel-11734	1098	31	key	key	ADJ
cjel-11734	1098	32	reason	reason	NOUN
cjel-11734	1098	33	278	278	NUM
cjel-11734	1098	34	.	.	PUNCT
cjel-11734	1099	1	see	see	VERB
cjel-11734	1099	2	,	,	PUNCT
cjel-11734	1099	3	e.g.	e.g.	ADV
cjel-11734	1099	4	,	,	PUNCT
cjel-11734	1099	5	i	i	PRON
cjel-11734	1099	6	d.	d.	PROPN
cjel-11734	1099	7	at	at	ADP
cjel-11734	1099	8	36654	36654	NUM
cjel-11734	1099	9	(	(	PUNCT
cjel-11734	1099	10	noting	note	VERB
cjel-11734	1099	11	in	in	ADP
cjel-11734	1099	12	the	the	DET
cjel-11734	1099	13	preamble	preamble	NOUN
cjel-11734	1099	14	to	to	ADP
cjel-11734	1099	15	the	the	DET
cjel-11734	1099	16	proposed	propose	VERB
cjel-11734	1099	17	names	name	NOUN
cjel-11734	1099	18	rule	rule	VERB
cjel-11734	1099	19	that	that	SCONJ
cjel-11734	1099	20	the	the	DET
cjel-11734	1099	21	name	name	NOUN
cjel-11734	1099	22	of	of	ADP
cjel-11734	1099	23	a	a	DET
cjel-11734	1099	24	fund	fund	NOUN
cjel-11734	1099	25	can	can	AUX
cjel-11734	1099	26	communicate	communicate	VERB
cjel-11734	1099	27	a	a	DET
cjel-11734	1099	28	great	great	ADJ
cjel-11734	1099	29	deal	deal	NOUN
cjel-11734	1099	30	to	to	ADP
cjel-11734	1099	31	an	an	DET
cjel-11734	1099	32	investor	investor	NOUN
cjel-11734	1099	33	,	,	PUNCT
cjel-11734	1099	34	a	a	DET
cjel-11734	1099	35	fund	fund	NOUN
cjel-11734	1099	36	’s	’s	PART
cjel-11734	1099	37	name	name	NOUN
cjel-11734	1099	38	is	be	AUX
cjel-11734	1099	39	often	often	ADV
cjel-11734	1099	40	the	the	DET
cjel-11734	1099	41	first	first	ADJ
cjel-11734	1099	42	piece	piece	NOUN
cjel-11734	1099	43	of	of	ADP
cjel-11734	1099	44	fund	fund	NOUN
cjel-11734	1099	45	information	information	NOUN
cjel-11734	1099	46	an	an	DET
cjel-11734	1099	47	investor	investor	NOUN
cjel-11734	1099	48	sees	see	VERB
cjel-11734	1099	49	,	,	PUNCT
cjel-11734	1099	50	and	and	CCONJ
cjel-11734	1099	51	although	although	SCONJ
cjel-11734	1099	52	investors	investor	NOUN
cjel-11734	1099	53	should	should	AUX
cjel-11734	1099	54	go	go	VERB
cjel-11734	1099	55	beyond	beyond	ADP
cjel-11734	1099	56	the	the	DET
cjel-11734	1099	57	name	name	NOUN
cjel-11734	1099	58	itself	itself	PRON
cjel-11734	1099	59	and	and	CCONJ
cjel-11734	1099	60	look	look	VERB
cjel-11734	1099	61	closely	closely	ADV
cjel-11734	1099	62	at	at	ADP
cjel-11734	1099	63	a	a	DET
cjel-11734	1099	64	fund	fund	NOUN
cjel-11734	1099	65	’s	’s	PART
cjel-11734	1099	66	underlying	underlie	VERB
cjel-11734	1099	67	disclosures	disclosure	NOUN
cjel-11734	1099	68	,	,	PUNCT
cjel-11734	1099	69	a	a	DET
cjel-11734	1099	70	fund	fund	NOUN
cjel-11734	1099	71	’s	’s	PART
cjel-11734	1099	72	name	name	NOUN
cjel-11734	1099	73	can	can	AUX
cjel-11734	1099	74	have	have	VERB
cjel-11734	1099	75	a	a	DET
cjel-11734	1099	76	significant	significant	ADJ
cjel-11734	1099	77	impact	impact	NOUN
cjel-11734	1099	78	on	on	ADP
cjel-11734	1099	79	their	their	PRON
cjel-11734	1099	80	investment	investment	NOUN
cjel-11734	1099	81	decisions	decision	NOUN
cjel-11734	1099	82	)	)	PUNCT
cjel-11734	1099	83	.	.	PUNCT
cjel-11734	1100	1	279	279	NUM
cjel-11734	1100	2	.	.	PUNCT
cjel-11734	1101	1	i	i	PRON
cjel-11734	1101	2	d.	d.	PROPN
cjel-11734	1101	3	at	at	ADP
cjel-11734	1101	4	36597–98	36597–98	NUM
cjel-11734	1101	5	.	.	PUNCT
cjel-11734	1102	1	280	280	NUM
cjel-11734	1102	2	.	.	PUNCT
cjel-11734	1103	1	this	this	PRON
cjel-11734	1103	2	is	be	AUX
cjel-11734	1103	3	especially	especially	ADV
cjel-11734	1103	4	true	true	ADJ
cjel-11734	1103	5	if	if	SCONJ
cjel-11734	1103	6	the	the	DET
cjel-11734	1103	7	sec	sec	PROPN
cjel-11734	1103	8	decided	decide	VERB
cjel-11734	1103	9	to	to	PART
cjel-11734	1103	10	allow	allow	VERB
cjel-11734	1103	11	integration	integration	NOUN
cjel-11734	1103	12	funds	fund	NOUN
cjel-11734	1103	13	to	to	PART
cjel-11734	1103	14	use	use	VERB
cjel-11734	1103	15	esg	esg	NOUN
cjel-11734	1103	16	labels	label	NOUN
cjel-11734	1103	17	in	in	ADP
cjel-11734	1103	18	their	their	PRON
cjel-11734	1103	19	names	name	NOUN
cjel-11734	1103	20	and/or	and/or	CCONJ
cjel-11734	1103	21	integration	integration	NOUN
cjel-11734	1103	22	labels	label	NOUN
cjel-11734	1103	23	become	become	VERB
cjel-11734	1103	24	required	require	VERB
cjel-11734	1103	25	to	to	PART
cjel-11734	1103	26	comply	comply	VERB
cjel-11734	1103	27	with	with	ADP
cjel-11734	1103	28	the	the	DET
cjel-11734	1103	29	names	name	NOUN
cjel-11734	1103	30	rule	rule	NOUN
cjel-11734	1103	31	’s	’s	PART
cjel-11734	1103	32	80	80	NUM
cjel-11734	1103	33	%	%	NOUN
cjel-11734	1103	34	policy	policy	NOUN
cjel-11734	1103	35	.	.	PUNCT
cjel-11734	1104	1	2023	2023	NUM
cjel-11734	1104	2	]	]	PUNCT
cjel-11734	1104	3	green	green	ADJ
cjel-11734	1104	4	funds	fund	NOUN
cjel-11734	1104	5	in	in	ADP
cjel-11734	1104	6	a	a	DET
cjel-11734	1104	7	gray	gray	ADJ
cjel-11734	1104	8	area	area	NOUN
cjel-11734	1104	9	471	471	NUM
cjel-11734	1104	10	why	why	SCONJ
cjel-11734	1104	11	many	many	ADJ
cjel-11734	1104	12	invested	invest	VERB
cjel-11734	1104	13	in	in	ADP
cjel-11734	1104	14	the	the	DET
cjel-11734	1104	15	fund	fund	NOUN
cjel-11734	1104	16	in	in	ADP
cjel-11734	1104	17	the	the	DET
cjel-11734	1104	18	first	first	ADJ
cjel-11734	1104	19	place	place	NOUN
cjel-11734	1104	20	:	:	PUNCT
cjel-11734	1104	21	to	to	PART
cjel-11734	1104	22	have	have	AUX
cjel-11734	1104	23	an	an	DET
cjel-11734	1104	24	extramarket	extramarket	NOUN
cjel-11734	1104	25	impact	impact	NOUN
cjel-11734	1104	26	with	with	ADP
cjel-11734	1104	27	their	their	PRON
cjel-11734	1104	28	dollars.281	dollars.281	NOUN
cjel-11734	1104	29	in	in	ADP
cjel-11734	1104	30	other	other	ADJ
cjel-11734	1104	31	words	word	NOUN
cjel-11734	1104	32	,	,	PUNCT
cjel-11734	1104	33	the	the	DET
cjel-11734	1104	34	goal	goal	NOUN
cjel-11734	1104	35	for	for	ADP
cjel-11734	1104	36	some	some	DET
cjel-11734	1104	37	investors	investor	NOUN
cjel-11734	1104	38	(	(	PUNCT
cjel-11734	1104	39	e.g.	e.g.	ADV
cjel-11734	1104	40	,	,	PUNCT
cjel-11734	1104	41	the	the	DET
cjel-11734	1104	42	investors	investor	NOUN
cjel-11734	1104	43	discussed	discuss	VERB
cjel-11734	1104	44	supra	supra	PROPN
cjel-11734	1104	45	part	part	NOUN
cjel-11734	1104	46	ii(b	ii(b	PROPN
cjel-11734	1104	47	)	)	PUNCT
cjel-11734	1104	48	)	)	PUNCT
cjel-11734	1104	49	,	,	PUNCT
cjel-11734	1104	50	is	be	AUX
cjel-11734	1104	51	dramatically	dramatically	ADV
cjel-11734	1104	52	different	different	ADJ
cjel-11734	1104	53	than	than	ADP
cjel-11734	1104	54	for	for	ADP
cjel-11734	1104	55	those	those	PRON
cjel-11734	1104	56	investing	invest	VERB
cjel-11734	1104	57	in	in	ADP
cjel-11734	1104	58	other	other	ADJ
cjel-11734	1104	59	types	type	NOUN
cjel-11734	1104	60	of	of	ADP
cjel-11734	1104	61	funds	fund	NOUN
cjel-11734	1104	62	,	,	PUNCT
cjel-11734	1104	63	because	because	SCONJ
cjel-11734	1104	64	the	the	DET
cjel-11734	1104	65	former	former	NOUN
cjel-11734	1104	66	is	be	AUX
cjel-11734	1104	67	a	a	DET
cjel-11734	1104	68	form	form	NOUN
cjel-11734	1104	69	of	of	ADP
cjel-11734	1104	70	principle	principle	NOUN
cjel-11734	1104	71	-	-	PUNCT
cjel-11734	1104	72	based	base	VERB
cjel-11734	1104	73	investing	investing	NOUN
cjel-11734	1104	74	,	,	PUNCT
cjel-11734	1104	75	whereas	whereas	SCONJ
cjel-11734	1104	76	other	other	ADJ
cjel-11734	1104	77	forms	form	NOUN
cjel-11734	1104	78	of	of	ADP
cjel-11734	1104	79	investing	investing	NOUN
cjel-11734	1104	80	are	be	AUX
cjel-11734	1104	81	typically	typically	ADV
cjel-11734	1104	82	profit	profit	NOUN
cjel-11734	1104	83	-	-	PUNCT
cjel-11734	1104	84	based	base	VERB
cjel-11734	1104	85	.	.	PUNCT
cjel-11734	1105	1	the	the	DET
cjel-11734	1105	2	80	80	NUM
cjel-11734	1105	3	%	%	NOUN
cjel-11734	1105	4	requirement	requirement	NOUN
cjel-11734	1105	5	is	be	AUX
cjel-11734	1105	6	insufficient	insufficient	ADJ
cjel-11734	1105	7	for	for	ADP
cjel-11734	1105	8	principle	principle	NOUN
cjel-11734	1105	9	-	-	PUNCT
cjel-11734	1105	10	based	base	VERB
cjel-11734	1105	11	investing	investing	NOUN
cjel-11734	1105	12	,	,	PUNCT
cjel-11734	1105	13	which	which	PRON
cjel-11734	1105	14	esgfocused	esgfocuse	VERB
cjel-11734	1105	15	,	,	PUNCT
cjel-11734	1105	16	and	and	CCONJ
cjel-11734	1105	17	in	in	ADP
cjel-11734	1105	18	particular	particular	ADJ
cjel-11734	1105	19	,	,	PUNCT
cjel-11734	1105	20	impact	impact	NOUN
cjel-11734	1105	21	funds	fund	NOUN
cjel-11734	1105	22	,	,	PUNCT
cjel-11734	1105	23	hold	hold	VERB
cjel-11734	1105	24	themselves	themselves	PRON
cjel-11734	1105	25	out	out	ADP
cjel-11734	1105	26	as	as	ADP
cjel-11734	1105	27	prioritizing	prioritize	VERB
cjel-11734	1105	28	.	.	PUNCT
cjel-11734	1106	1	in	in	ADP
cjel-11734	1106	2	response	response	NOUN
cjel-11734	1106	3	to	to	ADP
cjel-11734	1106	4	the	the	DET
cjel-11734	1106	5	call	call	NOUN
cjel-11734	1106	6	for	for	ADP
cjel-11734	1106	7	a	a	DET
cjel-11734	1106	8	heightened	heighten	VERB
cjel-11734	1106	9	investment	investment	NOUN
cjel-11734	1106	10	allocation	allocation	NOUN
cjel-11734	1106	11	requirement	requirement	NOUN
cjel-11734	1106	12	,	,	PUNCT
cjel-11734	1106	13	many	many	ADJ
cjel-11734	1106	14	will	will	AUX
cjel-11734	1106	15	argue	argue	VERB
cjel-11734	1106	16	that	that	SCONJ
cjel-11734	1106	17	esg	esg	PROPN
cjel-11734	1106	18	funds	fund	NOUN
cjel-11734	1106	19	,	,	PUNCT
cjel-11734	1106	20	like	like	ADP
cjel-11734	1106	21	all	all	DET
cjel-11734	1106	22	funds	fund	NOUN
cjel-11734	1106	23	,	,	PUNCT
cjel-11734	1106	24	need	need	VERB
cjel-11734	1106	25	to	to	PART
cjel-11734	1106	26	diversify	diversify	VERB
cjel-11734	1106	27	risk	risk	NOUN
cjel-11734	1106	28	and	and	CCONJ
cjel-11734	1106	29	achieve	achieve	VERB
cjel-11734	1106	30	competitive	competitive	ADJ
cjel-11734	1106	31	returns	return	NOUN
cjel-11734	1106	32	;	;	PUNCT
cjel-11734	1106	33	therefore	therefore	ADV
cjel-11734	1106	34	,	,	PUNCT
cjel-11734	1106	35	a	a	DET
cjel-11734	1106	36	higher	high	ADJ
cjel-11734	1106	37	requirement	requirement	NOUN
cjel-11734	1106	38	than	than	SCONJ
cjel-11734	1106	39	80	80	NUM
cjel-11734	1106	40	%	%	NOUN
cjel-11734	1106	41	might	might	AUX
cjel-11734	1106	42	hurt	hurt	VERB
cjel-11734	1106	43	investors	investor	NOUN
cjel-11734	1106	44	more	more	ADJ
cjel-11734	1106	45	than	than	ADP
cjel-11734	1106	46	any	any	DET
cjel-11734	1106	47	incidentally	incidentally	ADV
cjel-11734	1106	48	higher	high	ADJ
cjel-11734	1106	49	compliance.282	compliance.282	PROPN
cjel-11734	1106	50	for	for	ADP
cjel-11734	1106	51	example	example	NOUN
cjel-11734	1106	52	,	,	PUNCT
cjel-11734	1106	53	in	in	ADP
cjel-11734	1106	54	2022	2022	NUM
cjel-11734	1106	55	,	,	PUNCT
cjel-11734	1106	56	the	the	DET
cjel-11734	1106	57	energy	energy	NOUN
cjel-11734	1106	58	sector	sector	NOUN
cjel-11734	1106	59	significantly	significantly	ADV
cjel-11734	1106	60	outperformed	outperform	VERB
cjel-11734	1106	61	the	the	DET
cjel-11734	1106	62	general	general	ADJ
cjel-11734	1106	63	market	market	NOUN
cjel-11734	1106	64	,	,	PUNCT
cjel-11734	1106	65	and	and	CCONJ
cjel-11734	1106	66	esg	esg	NOUN
cjel-11734	1106	67	funds	fund	NOUN
cjel-11734	1106	68	hoping	hope	VERB
cjel-11734	1106	69	to	to	PART
cjel-11734	1106	70	maintain	maintain	VERB
cjel-11734	1106	71	competitive	competitive	ADJ
cjel-11734	1106	72	returns	return	NOUN
cjel-11734	1106	73	were	be	AUX
cjel-11734	1106	74	forced	force	VERB
cjel-11734	1106	75	to	to	PART
cjel-11734	1106	76	turn	turn	VERB
cjel-11734	1106	77	to	to	ADP
cjel-11734	1106	78	energy	energy	NOUN
cjel-11734	1106	79	stocks	stock	NOUN
cjel-11734	1106	80	to	to	PART
cjel-11734	1106	81	accomplish	accomplish	VERB
cjel-11734	1106	82	this	this	DET
cjel-11734	1106	83	goal.283	goal.283	NOUN
cjel-11734	1106	84	however	however	ADV
cjel-11734	1106	85	,	,	PUNCT
cjel-11734	1106	86	this	this	DET
cjel-11734	1106	87	effort	effort	NOUN
cjel-11734	1106	88	to	to	PART
cjel-11734	1106	89	compete	compete	VERB
cjel-11734	1106	90	with	with	ADP
cjel-11734	1106	91	non	non	ADJ
cjel-11734	1106	92	-	-	ADJ
cjel-11734	1106	93	esg	esg	ADJ
cjel-11734	1106	94	benchmarks	benchmark	NOUN
cjel-11734	1106	95	results	result	NOUN
cjel-11734	1106	96	in	in	ADP
cjel-11734	1106	97	awkward	awkward	ADJ
cjel-11734	1106	98	situations	situation	NOUN
cjel-11734	1106	99	,	,	PUNCT
cjel-11734	1106	100	like	like	ADP
cjel-11734	1106	101	when	when	SCONJ
cjel-11734	1106	102	esg	esg	PROPN
cjel-11734	1106	103	funds	fund	NOUN
cjel-11734	1106	104	have	have	AUX
cjel-11734	1106	105	greater	great	ADJ
cjel-11734	1106	106	exposure	exposure	NOUN
cjel-11734	1106	107	to	to	ADP
cjel-11734	1106	108	energy	energy	NOUN
cjel-11734	1106	109	stocks	stock	NOUN
cjel-11734	1106	110	than	than	ADP
cjel-11734	1106	111	their	their	PRON
cjel-11734	1106	112	traditional	traditional	ADJ
cjel-11734	1106	113	counterparts,284	counterparts,284	NOUN
cjel-11734	1106	114	or	or	CCONJ
cjel-11734	1106	115	energy	energy	NOUN
cjel-11734	1106	116	stocks	stock	NOUN
cjel-11734	1106	117	become	become	VERB
cjel-11734	1106	118	the	the	DET
cjel-11734	1106	119	largest	large	ADJ
cjel-11734	1106	120	holdings	holding	NOUN
cjel-11734	1106	121	in	in	ADP
cjel-11734	1106	122	esg	esg	PROPN
cjel-11734	1106	123	funds	fund	NOUN
cjel-11734	1106	124	despite	despite	SCONJ
cjel-11734	1106	125	explicitly	explicitly	ADV
cjel-11734	1106	126	screening	screen	VERB
cjel-11734	1106	127	out	out	ADP
cjel-11734	1106	128	these	these	DET
cjel-11734	1106	129	securities.285	securities.285	PROPN
cjel-11734	1106	130	to	to	ADP
cjel-11734	1106	131	this	this	DET
cjel-11734	1106	132	end	end	NOUN
cjel-11734	1106	133	,	,	PUNCT
cjel-11734	1106	134	this	this	DET
cjel-11734	1106	135	note	note	NOUN
cjel-11734	1106	136	suggests	suggest	VERB
cjel-11734	1106	137	an	an	DET
cjel-11734	1106	138	85	85	NUM
cjel-11734	1106	139	%	%	NOUN
cjel-11734	1106	140	and	and	CCONJ
cjel-11734	1106	141	90	90	NUM
cjel-11734	1106	142	%	%	NOUN
cjel-11734	1106	143	investment	investment	NOUN
cjel-11734	1106	144	requirement	requirement	NOUN
cjel-11734	1106	145	would	would	AUX
cjel-11734	1106	146	be	be	AUX
cjel-11734	1106	147	more	more	ADV
cjel-11734	1106	148	appropriate	appropriate	ADJ
cjel-11734	1106	149	for	for	ADP
cjel-11734	1106	150	esg	esg	PROPN
cjel-11734	1106	151	-	-	PUNCT
cjel-11734	1106	152	focused	focus	VERB
cjel-11734	1106	153	and	and	CCONJ
cjel-11734	1106	154	impact	impact	NOUN
cjel-11734	1106	155	funds	fund	NOUN
cjel-11734	1106	156	,	,	PUNCT
cjel-11734	1106	157	respectively	respectively	ADV
cjel-11734	1106	158	.	.	PUNCT
cjel-11734	1107	1	these	these	DET
cjel-11734	1107	2	percentages	percentage	NOUN
cjel-11734	1107	3	still	still	ADV
cjel-11734	1107	4	provide	provide	VERB
cjel-11734	1107	5	fund	fund	NOUN
cjel-11734	1107	6	managers	manager	NOUN
cjel-11734	1107	7	with	with	ADP
cjel-11734	1107	8	breathing	breathing	NOUN
cjel-11734	1107	9	room	room	NOUN
cjel-11734	1107	10	to	to	PART
cjel-11734	1107	11	manage	manage	VERB
cjel-11734	1107	12	their	their	PRON
cjel-11734	1107	13	funds	fund	NOUN
cjel-11734	1107	14	,	,	PUNCT
cjel-11734	1107	15	while	while	SCONJ
cjel-11734	1107	16	more	more	ADV
cjel-11734	1107	17	effectively	effectively	ADV
cjel-11734	1107	18	limiting	limit	VERB
cjel-11734	1107	19	the	the	DET
cjel-11734	1107	20	ability	ability	NOUN
cjel-11734	1107	21	for	for	ADP
cjel-11734	1107	22	funds	fund	NOUN
cjel-11734	1107	23	to	to	PART
cjel-11734	1107	24	contradict	contradict	VERB
cjel-11734	1107	25	their	their	PRON
cjel-11734	1107	26	names	name	NOUN
cjel-11734	1107	27	and	and	CCONJ
cjel-11734	1107	28	mislead	mislead	VERB
cjel-11734	1107	29	investors	investor	NOUN
cjel-11734	1107	30	.	.	PUNCT
cjel-11734	1108	1	this	this	PRON
cjel-11734	1108	2	is	be	AUX
cjel-11734	1108	3	particularly	particularly	ADV
cjel-11734	1108	4	true	true	ADJ
cjel-11734	1108	5	for	for	ADP
cjel-11734	1108	6	impact	impact	NOUN
cjel-11734	1108	7	funds	fund	NOUN
cjel-11734	1108	8	,	,	PUNCT
cjel-11734	1108	9	which	which	PRON
cjel-11734	1108	10	are	be	AUX
cjel-11734	1108	11	281	281	NUM
cjel-11734	1108	12	.	.	PUNCT
cjel-11734	1109	1	see	see	VERB
cjel-11734	1109	2	morgan	morgan	PROPN
cjel-11734	1109	3	stanley	stanley	PROPN
cjel-11734	1109	4	,	,	PUNCT
cjel-11734	1109	5	supra	supra	PROPN
cjel-11734	1109	6	note	note	NOUN
cjel-11734	1109	7	95	95	NUM
cjel-11734	1109	8	,	,	PUNCT
cjel-11734	1109	9	at	at	ADP
cjel-11734	1109	10	4	4	NUM
cjel-11734	1109	11	;	;	PUNCT
cjel-11734	1109	12	barzuza	barzuza	PROPN
cjel-11734	1109	13	et	et	PROPN
cjel-11734	1109	14	al	al	PROPN
cjel-11734	1109	15	.	.	PROPN
cjel-11734	1109	16	,	,	PUNCT
cjel-11734	1109	17	supra	supra	PROPN
cjel-11734	1109	18	note	note	PROPN
cjel-11734	1109	19	104	104	NUM
cjel-11734	1109	20	,	,	PUNCT
cjel-11734	1109	21	at	at	ADP
cjel-11734	1109	22	1250	1250	NUM
cjel-11734	1109	23	;	;	PUNCT
cjel-11734	1109	24	sardon	sardon	ADJ
cjel-11734	1109	25	,	,	PUNCT
cjel-11734	1109	26	supra	supra	PROPN
cjel-11734	1109	27	note	note	PROPN
cjel-11734	1109	28	106	106	NUM
cjel-11734	1109	29	;	;	PUNCT
cjel-11734	1109	30	gelfdand	gelfdand	NOUN
cjel-11734	1109	31	,	,	PUNCT
cjel-11734	1109	32	supra	supra	PROPN
cjel-11734	1109	33	note	note	VERB
cjel-11734	1109	34	107	107	NUM
cjel-11734	1109	35	;	;	PUNCT
cjel-11734	1109	36	hickey	hickey	PROPN
cjel-11734	1109	37	,	,	PUNCT
cjel-11734	1109	38	supra	supra	PROPN
cjel-11734	1109	39	note	note	PROPN
cjel-11734	1109	40	109	109	NUM
cjel-11734	1109	41	;	;	PUNCT
cjel-11734	1109	42	clements	clements	PROPN
cjel-11734	1109	43	,	,	PUNCT
cjel-11734	1109	44	supra	supra	PROPN
cjel-11734	1109	45	note	note	PROPN
cjel-11734	1109	46	110	110	NUM
cjel-11734	1109	47	,	,	PUNCT
cjel-11734	1109	48	at	at	ADP
cjel-11734	1109	49	448	448	NUM
cjel-11734	1109	50	;	;	PUNCT
cjel-11734	1109	51	chaffee	chaffee	PROPN
cjel-11734	1109	52	,	,	PUNCT
cjel-11734	1109	53	supra	supra	PROPN
cjel-11734	1109	54	note	note	NOUN
cjel-11734	1109	55	111	111	NUM
cjel-11734	1109	56	,	,	PUNCT
cjel-11734	1109	57	at	at	ADP
cjel-11734	1109	58	1304	1304	NUM
cjel-11734	1109	59	.	.	PUNCT
cjel-11734	1110	1	282	282	NUM
cjel-11734	1110	2	.	.	PUNCT
cjel-11734	1111	1	see	see	VERB
cjel-11734	1111	2	otani	otani	PROPN
cjel-11734	1111	3	,	,	PUNCT
cjel-11734	1111	4	supra	supra	PROPN
cjel-11734	1111	5	note	note	NOUN
cjel-11734	1111	6	255	255	NUM
cjel-11734	1111	7	(	(	PUNCT
cjel-11734	1111	8	noting	note	VERB
cjel-11734	1111	9	that	that	SCONJ
cjel-11734	1111	10	energy	energy	NOUN
cjel-11734	1111	11	stocks	stock	NOUN
cjel-11734	1111	12	reliably	reliably	ADV
cjel-11734	1111	13	produce	produce	VERB
cjel-11734	1111	14	gains	gain	NOUN
cjel-11734	1111	15	during	during	ADP
cjel-11734	1111	16	recessions	recession	NOUN
cjel-11734	1111	17	,	,	PUNCT
cjel-11734	1111	18	which	which	PRON
cjel-11734	1111	19	makes	make	VERB
cjel-11734	1111	20	them	they	PRON
cjel-11734	1111	21	an	an	DET
cjel-11734	1111	22	important	important	ADJ
cjel-11734	1111	23	group	group	NOUN
cjel-11734	1111	24	for	for	ADP
cjel-11734	1111	25	asset	asset	NOUN
cjel-11734	1111	26	managers	manager	NOUN
cjel-11734	1111	27	)	)	PUNCT
cjel-11734	1111	28	.	.	PUNCT
cjel-11734	1112	1	283	283	NUM
cjel-11734	1112	2	.	.	PUNCT
cjel-11734	1113	1	jing	je	VERB
cjel-11734	1113	2	pan	pan	PROPN
cjel-11734	1113	3	,	,	PUNCT
cjel-11734	1113	4	esg	esg	PROPN
cjel-11734	1113	5	funds	fund	NOUN
cjel-11734	1113	6	are	be	AUX
cjel-11734	1113	7	quietly	quietly	ADV
cjel-11734	1113	8	buying	buy	VERB
cjel-11734	1113	9	oil	oil	NOUN
cjel-11734	1113	10	stocks	stock	NOUN
cjel-11734	1113	11	to	to	PART
cjel-11734	1113	12	chase	chase	VERB
cjel-11734	1113	13	gains	gain	NOUN
cjel-11734	1113	14	after	after	ADP
cjel-11734	1113	15	their	their	PRON
cjel-11734	1113	16	poor	poor	ADJ
cjel-11734	1113	17	performance	performance	NOUN
cjel-11734	1113	18	in	in	ADP
cjel-11734	1113	19	the	the	DET
cjel-11734	1113	20	first	first	ADJ
cjel-11734	1113	21	half	half	NOUN
cjel-11734	1113	22	—	—	PUNCT
cjel-11734	1113	23	here	here	ADV
cjel-11734	1113	24	’s	’	VERB
cjel-11734	1113	25	the	the	DET
cjel-11734	1113	26	1	1	NUM
cjel-11734	1113	27	big	big	ADJ
cjel-11734	1113	28	energy	energy	NOUN
cjel-11734	1113	29	play	play	NOUN
cjel-11734	1113	30	they	they	PRON
cjel-11734	1113	31	really	really	ADV
cjel-11734	1113	32	like	like	VERB
cjel-11734	1113	33	,	,	PUNCT
cjel-11734	1113	34	yahoo	yahoo	PROPN
cjel-11734	1113	35	!	!	PROPN
cjel-11734	1113	36	nᴇᴡs	nᴇᴡs	PROPN
cjel-11734	1113	37	(	(	PUNCT
cjel-11734	1113	38	jul	jul	PROPN
cjel-11734	1113	39	.	.	PROPN
cjel-11734	1113	40	22	22	NUM
cjel-11734	1113	41	,	,	PUNCT
cjel-11734	1113	42	2022	2022	NUM
cjel-11734	1113	43	)	)	PUNCT
cjel-11734	1113	44	,	,	PUNCT
cjel-11734	1113	45	https://www.yahoo.com/now/esg-funds-quietly-buying-oil-163000152.html	https://www.yahoo.com/now/esg-funds-quietly-buying-oil-163000152.html	VERB
cjel-11734	1114	1	[	[	X
cjel-11734	1114	2	https://perma.cc/nf2l-zmum	https://perma.cc/nf2l-zmum	X
cjel-11734	1114	3	]	]	X
cjel-11734	1114	4	.	.	PUNCT
cjel-11734	1114	5	284	284	NUM
cjel-11734	1114	6	.	.	PUNCT
cjel-11734	1115	1	see	see	VERB
cjel-11734	1115	2	simpson	simpson	PROPN
cjel-11734	1115	3	et	et	PROPN
cjel-11734	1115	4	al	al	PROPN
cjel-11734	1115	5	.	.	PROPN
cjel-11734	1115	6	,	,	PUNCT
cjel-11734	1115	7	supra	supra	PROPN
cjel-11734	1115	8	note	note	PROPN
cjel-11734	1115	9	13	13	NUM
cjel-11734	1115	10	(	(	PUNCT
cjel-11734	1115	11	noting	note	VERB
cjel-11734	1115	12	one	one	NUM
cjel-11734	1115	13	of	of	ADP
cjel-11734	1115	14	the	the	DET
cjel-11734	1115	15	largest	large	ADJ
cjel-11734	1115	16	esg	esg	PROPN
cjel-11734	1115	17	etfs	etfs	PROPN
cjel-11734	1115	18	that	that	PRON
cjel-11734	1115	19	tracked	track	VERB
cjel-11734	1115	20	the	the	DET
cjel-11734	1115	21	s&p	s&p	PROPN
cjel-11734	1115	22	500	500	NUM
cjel-11734	1115	23	had	have	VERB
cjel-11734	1115	24	greater	great	ADJ
cjel-11734	1115	25	exposure	exposure	NOUN
cjel-11734	1115	26	to	to	ADP
cjel-11734	1115	27	twelve	twelve	NUM
cjel-11734	1115	28	fossil	fossil	NOUN
cjel-11734	1115	29	fuel	fuel	NOUN
cjel-11734	1115	30	stocks	stock	NOUN
cjel-11734	1115	31	than	than	ADP
cjel-11734	1115	32	the	the	DET
cjel-11734	1115	33	actual	actual	ADJ
cjel-11734	1115	34	s&p	s&p	PROPN
cjel-11734	1115	35	500	500	NUM
cjel-11734	1115	36	)	)	PUNCT
cjel-11734	1115	37	.	.	PUNCT
cjel-11734	1116	1	285	285	NUM
cjel-11734	1116	2	.	.	PUNCT
cjel-11734	1117	1	lan	lan	PROPN
cjel-11734	1117	2	anh	anh	PROPN
cjel-11734	1117	3	tran	tran	PROPN
cjel-11734	1117	4	,	,	PUNCT
cjel-11734	1117	5	why	why	SCONJ
cjel-11734	1117	6	are	be	AUX
cjel-11734	1117	7	there	there	PRON
cjel-11734	1117	8	oil	oil	NOUN
cjel-11734	1117	9	companies	company	NOUN
cjel-11734	1117	10	in	in	ADP
cjel-11734	1117	11	my	my	PRON
cjel-11734	1117	12	esg	esg	NOUN
cjel-11734	1117	13	portfolio	portfolio	NOUN
cjel-11734	1117	14	?	?	PUNCT
cjel-11734	1117	15	,	,	PUNCT
cjel-11734	1117	16	morningstar	morningstar	PROPN
cjel-11734	1117	17	(	(	PUNCT
cjel-11734	1117	18	june	june	PROPN
cjel-11734	1117	19	21	21	NUM
cjel-11734	1117	20	,	,	PUNCT
cjel-11734	1117	21	2022	2022	NUM
cjel-11734	1117	22	)	)	PUNCT
cjel-11734	1117	23	https://www.morningstar.com/articles/1098856/why-are-there-oil-companies-inmy-esg-portfolio	https://www.morningstar.com/articles/1098856/why-are-there-oil-companies-inmy-esg-portfolio	NOUN
cjel-11734	1118	1	[	[	X
cjel-11734	1118	2	https://perma.cc/5yhd-6qu2	https://perma.cc/5yhd-6qu2	X
cjel-11734	1118	3	]	]	X
cjel-11734	1118	4	(	(	PUNCT
cjel-11734	1118	5	identifying	identify	VERB
cjel-11734	1118	6	two	two	NUM
cjel-11734	1118	7	esg	esg	NOUN
cjel-11734	1118	8	funds	fund	NOUN
cjel-11734	1118	9	in	in	ADP
cjel-11734	1118	10	particular	particular	ADJ
cjel-11734	1118	11	oil	oil	NOUN
cjel-11734	1118	12	companies	company	NOUN
cjel-11734	1118	13	where	where	SCONJ
cjel-11734	1118	14	energy	energy	NOUN
cjel-11734	1118	15	stocks	stock	NOUN
cjel-11734	1118	16	were	be	AUX
cjel-11734	1118	17	among	among	ADP
cjel-11734	1118	18	the	the	DET
cjel-11734	1118	19	largest	large	ADJ
cjel-11734	1118	20	holdings	holding	NOUN
cjel-11734	1118	21	of	of	ADP
cjel-11734	1118	22	the	the	DET
cjel-11734	1118	23	funds	fund	NOUN
cjel-11734	1118	24	despite	despite	SCONJ
cjel-11734	1118	25	explicitly	explicitly	ADV
cjel-11734	1118	26	screening	screen	VERB
cjel-11734	1118	27	out	out	ADP
cjel-11734	1118	28	companies	company	NOUN
cjel-11734	1118	29	involved	involve	VERB
cjel-11734	1118	30	in	in	ADP
cjel-11734	1118	31	the	the	DET
cjel-11734	1118	32	extraction	extraction	NOUN
cjel-11734	1118	33	of	of	ADP
cjel-11734	1118	34	thermal	thermal	ADJ
cjel-11734	1118	35	coal	coal	NOUN
cjel-11734	1118	36	and	and	CCONJ
cjel-11734	1118	37	oil	oil	NOUN
cjel-11734	1118	38	sands	sand	NOUN
cjel-11734	1118	39	)	)	PUNCT
cjel-11734	1118	40	.	.	PUNCT
cjel-11734	1119	1	472	472	NUM
cjel-11734	1119	2	columbia	columbia	PROPN
cjel-11734	1119	3	journal	journal	PROPN
cjel-11734	1119	4	of	of	ADP
cjel-11734	1119	5	environmental	environmental	ADJ
cjel-11734	1119	6	law	law	NOUN
cjel-11734	1120	1	[	[	X
cjel-11734	1120	2	vol.48:2	vol.48:2	NOUN
cjel-11734	1120	3	recognized	recognize	VERB
cjel-11734	1120	4	under	under	ADP
cjel-11734	1120	5	the	the	DET
cjel-11734	1120	6	proposed	propose	VERB
cjel-11734	1120	7	taxonomy	taxonomy	NOUN
cjel-11734	1120	8	as	as	ADP
cjel-11734	1120	9	the	the	DET
cjel-11734	1120	10	funds	fund	NOUN
cjel-11734	1120	11	that	that	PRON
cjel-11734	1120	12	prioritize	prioritize	VERB
cjel-11734	1120	13	esg	esg	NOUN
cjel-11734	1120	14	impacts	impact	NOUN
cjel-11734	1120	15	to	to	ADP
cjel-11734	1120	16	the	the	DET
cjel-11734	1120	17	greatest	great	ADJ
cjel-11734	1120	18	extent	extent	NOUN
cjel-11734	1120	19	.	.	PUNCT
cjel-11734	1121	1	c.	c.	NOUN
cjel-11734	1121	2	funds	fund	NOUN
cjel-11734	1121	3	should	should	AUX
cjel-11734	1121	4	be	be	AUX
cjel-11734	1121	5	required	require	VERB
cjel-11734	1121	6	to	to	PART
cjel-11734	1121	7	disclose	disclose	VERB
cjel-11734	1121	8	their	their	PRON
cjel-11734	1121	9	exposure	exposure	NOUN
cjel-11734	1121	10	to	to	ADP
cjel-11734	1121	11	securities	security	NOUN
cjel-11734	1121	12	that	that	PRON
cjel-11734	1121	13	do	do	AUX
cjel-11734	1121	14	not	not	PART
cjel-11734	1121	15	align	align	VERB
cjel-11734	1121	16	with	with	ADP
cjel-11734	1121	17	their	their	PRON
cjel-11734	1121	18	primary	primary	ADJ
cjel-11734	1121	19	investing	investing	NOUN
cjel-11734	1121	20	strategy	strategy	NOUN
cjel-11734	1121	21	as	as	SCONJ
cjel-11734	1121	22	the	the	DET
cjel-11734	1121	23	proposed	propose	VERB
cjel-11734	1121	24	regulatory	regulatory	ADJ
cjel-11734	1121	25	regime	regime	NOUN
cjel-11734	1121	26	only	only	ADV
cjel-11734	1121	27	prescribes	prescribe	VERB
cjel-11734	1121	28	how	how	SCONJ
cjel-11734	1121	29	a	a	DET
cjel-11734	1121	30	fund	fund	NOUN
cjel-11734	1121	31	discloses	disclose	VERB
cjel-11734	1121	32	its	its	PRON
cjel-11734	1121	33	investment	investment	NOUN
cjel-11734	1121	34	selection	selection	NOUN
cjel-11734	1121	35	process	process	NOUN
cjel-11734	1121	36	for	for	ADP
cjel-11734	1121	37	their	their	PRON
cjel-11734	1121	38	primary	primary	ADJ
cjel-11734	1121	39	(	(	PUNCT
cjel-11734	1121	40	i.e.	i.e.	X
cjel-11734	1121	41	,	,	PUNCT
cjel-11734	1121	42	80	80	NUM
cjel-11734	1121	43	%	%	NOUN
cjel-11734	1121	44	)	)	PUNCT
cjel-11734	1121	45	strategy	strategy	NOUN
cjel-11734	1121	46	,	,	PUNCT
cjel-11734	1121	47	investors	investor	NOUN
cjel-11734	1121	48	will	will	AUX
cjel-11734	1121	49	struggle	struggle	VERB
cjel-11734	1121	50	to	to	PART
cjel-11734	1121	51	determine	determine	VERB
cjel-11734	1121	52	how	how	SCONJ
cjel-11734	1121	53	a	a	DET
cjel-11734	1121	54	potential	potential	ADJ
cjel-11734	1121	55	investment	investment	NOUN
cjel-11734	1121	56	allocates	allocate	VERB
cjel-11734	1121	57	a	a	DET
cjel-11734	1121	58	meaningful	meaningful	ADJ
cjel-11734	1121	59	portion	portion	NOUN
cjel-11734	1121	60	of	of	ADP
cjel-11734	1121	61	its	its	PRON
cjel-11734	1121	62	resources	resource	NOUN
cjel-11734	1121	63	.	.	PUNCT
cjel-11734	1122	1	under	under	ADP
cjel-11734	1122	2	both	both	CCONJ
cjel-11734	1122	3	the	the	DET
cjel-11734	1122	4	current	current	ADJ
cjel-11734	1122	5	and	and	CCONJ
cjel-11734	1122	6	proposed	propose	VERB
cjel-11734	1122	7	regimes	regime	NOUN
cjel-11734	1122	8	,	,	PUNCT
cjel-11734	1122	9	investors	investor	NOUN
cjel-11734	1122	10	are	be	AUX
cjel-11734	1122	11	unaware	unaware	ADJ
cjel-11734	1122	12	of	of	ADP
cjel-11734	1122	13	how	how	SCONJ
cjel-11734	1122	14	one	one	NUM
cjel-11734	1122	15	-	-	PUNCT
cjel-11734	1122	16	fifth	fifth	NOUN
cjel-11734	1122	17	of	of	ADP
cjel-11734	1122	18	the	the	DET
cjel-11734	1122	19	fund	fund	NOUN
cjel-11734	1122	20	is	be	AUX
cjel-11734	1122	21	invested	invest	VERB
cjel-11734	1122	22	.	.	PUNCT
cjel-11734	1123	1	in	in	ADP
cjel-11734	1123	2	particular	particular	ADJ
cjel-11734	1123	3	,	,	PUNCT
cjel-11734	1123	4	an	an	DET
cjel-11734	1123	5	esg	esg	NOUN
cjel-11734	1123	6	fund	fund	NOUN
cjel-11734	1123	7	could	could	AUX
cjel-11734	1123	8	be	be	AUX
cjel-11734	1123	9	investing	invest	VERB
cjel-11734	1123	10	in	in	ADP
cjel-11734	1123	11	securities	security	NOUN
cjel-11734	1123	12	that	that	PRON
cjel-11734	1123	13	many	many	ADJ
cjel-11734	1123	14	of	of	ADP
cjel-11734	1123	15	its	its	PRON
cjel-11734	1123	16	investors	investor	NOUN
cjel-11734	1123	17	were	be	AUX
cjel-11734	1123	18	trying	try	VERB
cjel-11734	1123	19	to	to	PART
cjel-11734	1123	20	avoid	avoid	VERB
cjel-11734	1123	21	,	,	PUNCT
cjel-11734	1123	22	as	as	SCONJ
cjel-11734	1123	23	was	be	AUX
cjel-11734	1123	24	the	the	DET
cjel-11734	1123	25	case	case	NOUN
cjel-11734	1123	26	with	with	ADP
cjel-11734	1123	27	the	the	DET
cjel-11734	1123	28	largest	large	ADJ
cjel-11734	1123	29	esg	esg	NOUN
cjel-11734	1123	30	fund.286	fund.286	NOUN
cjel-11734	1123	31	it	it	PRON
cjel-11734	1123	32	should	should	AUX
cjel-11734	1123	33	be	be	AUX
cjel-11734	1123	34	clear	clear	ADJ
cjel-11734	1123	35	to	to	ADP
cjel-11734	1123	36	investors	investor	NOUN
cjel-11734	1123	37	if	if	SCONJ
cjel-11734	1123	38	and	and	CCONJ
cjel-11734	1123	39	when	when	SCONJ
cjel-11734	1123	40	funds	fund	NOUN
cjel-11734	1123	41	are	be	AUX
cjel-11734	1123	42	investing	invest	VERB
cjel-11734	1123	43	in	in	ADP
cjel-11734	1123	44	ways	way	NOUN
cjel-11734	1123	45	that	that	PRON
cjel-11734	1123	46	are	be	AUX
cjel-11734	1123	47	counter	counter	ADJ
cjel-11734	1123	48	to	to	ADP
cjel-11734	1123	49	their	their	PRON
cjel-11734	1123	50	names	name	NOUN
cjel-11734	1123	51	and	and	CCONJ
cjel-11734	1123	52	stated	state	VERB
cjel-11734	1123	53	objectives	objective	NOUN
cjel-11734	1123	54	.	.	PUNCT
cjel-11734	1124	1	this	this	PRON
cjel-11734	1124	2	will	will	AUX
cjel-11734	1124	3	help	help	VERB
cjel-11734	1124	4	both	both	CCONJ
cjel-11734	1124	5	the	the	DET
cjel-11734	1124	6	profitdriven	profitdriven	ADJ
cjel-11734	1124	7	esg	esg	PROPN
cjel-11734	1124	8	investor287	investor287	PROPN
cjel-11734	1124	9	and	and	CCONJ
cjel-11734	1124	10	the	the	DET
cjel-11734	1124	11	esg	esg	PROPN
cjel-11734	1124	12	impact	impact	NOUN
cjel-11734	1124	13	-	-	PUNCT
cjel-11734	1124	14	focused	focus	VERB
cjel-11734	1124	15	investor	investor	NOUN
cjel-11734	1124	16	identify	identify	VERB
cjel-11734	1124	17	which	which	PRON
cjel-11734	1124	18	funds	fund	VERB
cjel-11734	1124	19	best	well	ADV
cjel-11734	1124	20	align	align	VERB
cjel-11734	1124	21	with	with	ADP
cjel-11734	1124	22	their	their	PRON
cjel-11734	1124	23	wide	wide	ADV
cjel-11734	1124	24	-	-	PUNCT
cjel-11734	1124	25	ranging	range	VERB
cjel-11734	1124	26	objectives	objective	NOUN
cjel-11734	1124	27	.	.	PUNCT
cjel-11734	1125	1	to	to	PART
cjel-11734	1125	2	achieve	achieve	VERB
cjel-11734	1125	3	this	this	DET
cjel-11734	1125	4	goal	goal	NOUN
cjel-11734	1125	5	,	,	PUNCT
cjel-11734	1125	6	this	this	DET
cjel-11734	1125	7	note	note	NOUN
cjel-11734	1125	8	proposes	propose	VERB
cjel-11734	1125	9	that	that	SCONJ
cjel-11734	1125	10	all	all	DET
cjel-11734	1125	11	esg	esg	PROPN
cjel-11734	1125	12	funds	fund	NOUN
cjel-11734	1125	13	subject	subject	ADJ
cjel-11734	1125	14	to	to	ADP
cjel-11734	1125	15	the	the	DET
cjel-11734	1125	16	names	name	NOUN
cjel-11734	1125	17	rule	rule	NOUN
cjel-11734	1125	18	should	should	AUX
cjel-11734	1125	19	be	be	AUX
cjel-11734	1125	20	required	require	VERB
cjel-11734	1125	21	to	to	PART
cjel-11734	1125	22	clearly	clearly	ADV
cjel-11734	1125	23	and	and	CCONJ
cjel-11734	1125	24	prominently	prominently	ADV
cjel-11734	1125	25	disclose	disclose	VERB
cjel-11734	1125	26	what	what	PRON
cjel-11734	1125	27	percentage	percentage	NOUN
cjel-11734	1125	28	of	of	ADP
cjel-11734	1125	29	the	the	DET
cjel-11734	1125	30	fund	fund	NOUN
cjel-11734	1125	31	is	be	AUX
cjel-11734	1125	32	invested	invest	VERB
cjel-11734	1125	33	in	in	ADP
cjel-11734	1125	34	securities	security	NOUN
cjel-11734	1125	35	that	that	PRON
cjel-11734	1125	36	do	do	AUX
cjel-11734	1125	37	not	not	PART
cjel-11734	1125	38	comply	comply	VERB
cjel-11734	1125	39	with	with	ADP
cjel-11734	1125	40	the	the	DET
cjel-11734	1125	41	investment	investment	NOUN
cjel-11734	1125	42	criteria	criterion	NOUN
cjel-11734	1125	43	for	for	ADP
cjel-11734	1125	44	the	the	DET
cjel-11734	1125	45	80	80	NUM
cjel-11734	1125	46	%	%	NOUN
cjel-11734	1125	47	portion	portion	NOUN
cjel-11734	1125	48	of	of	ADP
cjel-11734	1125	49	the	the	DET
cjel-11734	1125	50	fund	fund	NOUN
cjel-11734	1125	51	,	,	PUNCT
cjel-11734	1125	52	updated	update	VERB
cjel-11734	1125	53	on	on	ADP
cjel-11734	1125	54	a	a	DET
cjel-11734	1125	55	monthly	monthly	ADJ
cjel-11734	1125	56	basis	basis	NOUN
cjel-11734	1125	57	.	.	PUNCT
cjel-11734	1126	1	this	this	DET
cjel-11734	1126	2	monthly	monthly	ADJ
cjel-11734	1126	3	cadence	cadence	NOUN
cjel-11734	1126	4	will	will	AUX
cjel-11734	1126	5	offer	offer	VERB
cjel-11734	1126	6	investors	investor	NOUN
cjel-11734	1126	7	a	a	DET
cjel-11734	1126	8	somewhat	somewhat	ADV
cjel-11734	1126	9	frequent	frequent	ADJ
cjel-11734	1126	10	datapoint	datapoint	NOUN
cjel-11734	1126	11	to	to	PART
cjel-11734	1126	12	consider	consider	VERB
cjel-11734	1126	13	when	when	SCONJ
cjel-11734	1126	14	deciding	decide	VERB
cjel-11734	1126	15	whether	whether	SCONJ
cjel-11734	1126	16	to	to	PART
cjel-11734	1126	17	invest	invest	VERB
cjel-11734	1126	18	(	(	PUNCT
cjel-11734	1126	19	or	or	CCONJ
cjel-11734	1126	20	remain	remain	VERB
cjel-11734	1126	21	)	)	PUNCT
cjel-11734	1126	22	in	in	ADP
cjel-11734	1126	23	a	a	DET
cjel-11734	1126	24	fund	fund	NOUN
cjel-11734	1126	25	and	and	CCONJ
cjel-11734	1126	26	provide	provide	VERB
cjel-11734	1126	27	fund	fund	NOUN
cjel-11734	1126	28	managers	manager	NOUN
cjel-11734	1126	29	ample	ample	ADJ
cjel-11734	1126	30	time	time	NOUN
cjel-11734	1126	31	to	to	PART
cjel-11734	1126	32	comply	comply	VERB
cjel-11734	1126	33	with	with	ADP
cjel-11734	1126	34	the	the	DET
cjel-11734	1126	35	furnishing	furnishing	NOUN
cjel-11734	1126	36	of	of	ADP
cjel-11734	1126	37	this	this	DET
cjel-11734	1126	38	information	information	NOUN
cjel-11734	1126	39	.	.	PUNCT
cjel-11734	1127	1	for	for	ADP
cjel-11734	1127	2	example	example	NOUN
cjel-11734	1127	3	,	,	PUNCT
cjel-11734	1127	4	if	if	SCONJ
cjel-11734	1127	5	the	the	DET
cjel-11734	1127	6	“	"	PUNCT
cjel-11734	1127	7	abc	abc	PROPN
cjel-11734	1127	8	fossil	fossil	PROPN
cjel-11734	1127	9	fuel	fuel	NOUN
cjel-11734	1127	10	free	free	PROPN
cjel-11734	1127	11	fund	fund	PROPN
cjel-11734	1127	12	”	"	PUNCT
cjel-11734	1127	13	has	have	VERB
cjel-11734	1127	14	2	2	NUM
cjel-11734	1127	15	%	%	NOUN
cjel-11734	1127	16	of	of	ADP
cjel-11734	1127	17	its	its	PRON
cjel-11734	1127	18	portfolio	portfolio	NOUN
cjel-11734	1127	19	in	in	ADP
cjel-11734	1127	20	an	an	DET
cjel-11734	1127	21	energy	energy	NOUN
cjel-11734	1127	22	sector	sector	NOUN
cjel-11734	1127	23	etf	etf	NOUN
cjel-11734	1127	24	,	,	PUNCT
cjel-11734	1127	25	which	which	PRON
cjel-11734	1127	26	is	be	AUX
cjel-11734	1127	27	invested	invest	VERB
cjel-11734	1127	28	in	in	ADP
cjel-11734	1127	29	securities	security	NOUN
cjel-11734	1127	30	that	that	PRON
cjel-11734	1127	31	would	would	AUX
cjel-11734	1127	32	not	not	PART
cjel-11734	1127	33	qualify	qualify	VERB
cjel-11734	1127	34	for	for	ADP
cjel-11734	1127	35	the	the	DET
cjel-11734	1127	36	fund	fund	NOUN
cjel-11734	1127	37	’s	’s	PART
cjel-11734	1127	38	primary	primary	ADJ
cjel-11734	1127	39	strategy	strategy	NOUN
cjel-11734	1127	40	,	,	PUNCT
cjel-11734	1127	41	the	the	DET
cjel-11734	1127	42	fund	fund	NOUN
cjel-11734	1127	43	should	should	AUX
cjel-11734	1127	44	be	be	AUX
cjel-11734	1127	45	required	require	VERB
cjel-11734	1127	46	to	to	PART
cjel-11734	1127	47	disclose	disclose	VERB
cjel-11734	1127	48	this	this	DET
cjel-11734	1127	49	fact	fact	NOUN
cjel-11734	1127	50	to	to	ADP
cjel-11734	1127	51	investors	investor	NOUN
cjel-11734	1127	52	.	.	PUNCT
cjel-11734	1128	1	not	not	PART
cjel-11734	1128	2	only	only	ADV
cjel-11734	1128	3	is	be	AUX
cjel-11734	1128	4	this	this	DET
cjel-11734	1128	5	fair	fair	ADJ
cjel-11734	1128	6	for	for	SCONJ
cjel-11734	1128	7	investors	investor	NOUN
cjel-11734	1128	8	to	to	PART
cjel-11734	1128	9	be	be	AUX
cjel-11734	1128	10	able	able	ADJ
cjel-11734	1128	11	to	to	PART
cjel-11734	1128	12	identify	identify	VERB
cjel-11734	1128	13	which	which	DET
cjel-11734	1128	14	funds	fund	NOUN
cjel-11734	1128	15	best	well	ADV
cjel-11734	1128	16	align	align	VERB
cjel-11734	1128	17	with	with	ADP
cjel-11734	1128	18	their	their	PRON
cjel-11734	1128	19	objectives	objective	NOUN
cjel-11734	1128	20	,	,	PUNCT
cjel-11734	1128	21	but	but	CCONJ
cjel-11734	1128	22	in	in	ADP
cjel-11734	1128	23	this	this	DET
cjel-11734	1128	24	situation	situation	NOUN
cjel-11734	1128	25	,	,	PUNCT
cjel-11734	1128	26	the	the	DET
cjel-11734	1128	27	fund	fund	NOUN
cjel-11734	1128	28	’s	’s	PART
cjel-11734	1128	29	name	name	NOUN
cjel-11734	1128	30	is	be	AUX
cjel-11734	1128	31	technically	technically	ADV
cjel-11734	1128	32	no	no	ADV
cjel-11734	1128	33	longer	long	ADV
cjel-11734	1128	34	an	an	DET
cjel-11734	1128	35	accurate	accurate	ADJ
cjel-11734	1128	36	description	description	NOUN
cjel-11734	1128	37	of	of	ADP
cjel-11734	1128	38	the	the	DET
cjel-11734	1128	39	fund	fund	NOUN
cjel-11734	1128	40	.	.	PUNCT
cjel-11734	1129	1	data	datum	NOUN
cjel-11734	1129	2	shows	show	VERB
cjel-11734	1129	3	that	that	SCONJ
cjel-11734	1129	4	energy	energy	NOUN
cjel-11734	1129	5	stocks	stock	NOUN
cjel-11734	1129	6	typically	typically	ADV
cjel-11734	1129	7	account	account	VERB
cjel-11734	1129	8	for	for	ADP
cjel-11734	1129	9	at	at	ADV
cjel-11734	1129	10	most	most	ADV
cjel-11734	1129	11	5	5	NUM
cjel-11734	1129	12	%	%	NOUN
cjel-11734	1129	13	of	of	ADP
cjel-11734	1129	14	esg	esg	PROPN
cjel-11734	1129	15	funds	fund	NOUN
cjel-11734	1129	16	’	'	PUNCT
cjel-11734	1129	17	total	total	ADJ
cjel-11734	1129	18	holdings.288	holdings.288	ADJ
cjel-11734	1129	19	286	286	NUM
cjel-11734	1129	20	.	.	PUNCT
cjel-11734	1130	1	see	see	VERB
cjel-11734	1130	2	simpson	simpson	PROPN
cjel-11734	1130	3	et	et	PROPN
cjel-11734	1130	4	al	al	PROPN
cjel-11734	1130	5	.	.	PROPN
cjel-11734	1130	6	,	,	PUNCT
cjel-11734	1130	7	supra	supra	PROPN
cjel-11734	1130	8	note	note	VERB
cjel-11734	1130	9	13	13	NUM
cjel-11734	1130	10	.	.	PUNCT
cjel-11734	1130	11	287	287	NUM
cjel-11734	1130	12	.	.	PUNCT
cjel-11734	1131	1	this	this	DET
cjel-11734	1131	2	returns	return	NOUN
cjel-11734	1131	3	-	-	PUNCT
cjel-11734	1131	4	focused	focus	VERB
cjel-11734	1131	5	investor	investor	NOUN
cjel-11734	1131	6	,	,	PUNCT
cjel-11734	1131	7	for	for	ADP
cjel-11734	1131	8	instance	instance	NOUN
cjel-11734	1131	9	,	,	PUNCT
cjel-11734	1131	10	might	might	AUX
cjel-11734	1131	11	tolerate	tolerate	VERB
cjel-11734	1131	12	a	a	DET
cjel-11734	1131	13	fund	fund	NOUN
cjel-11734	1131	14	having	have	VERB
cjel-11734	1131	15	significant	significant	ADJ
cjel-11734	1131	16	exposure	exposure	NOUN
cjel-11734	1131	17	to	to	ADP
cjel-11734	1131	18	companies	company	NOUN
cjel-11734	1131	19	that	that	PRON
cjel-11734	1131	20	would	would	AUX
cjel-11734	1131	21	not	not	PART
cjel-11734	1131	22	have	have	AUX
cjel-11734	1131	23	been	be	AUX
cjel-11734	1131	24	selected	select	VERB
cjel-11734	1131	25	for	for	ADP
cjel-11734	1131	26	the	the	DET
cjel-11734	1131	27	portfolio	portfolio	NOUN
cjel-11734	1131	28	’s	’s	PART
cjel-11734	1131	29	investment	investment	NOUN
cjel-11734	1131	30	criteria	criterion	NOUN
cjel-11734	1131	31	.	.	PUNCT
cjel-11734	1132	1	as	as	ADP
cjel-11734	1132	2	such	such	ADJ
cjel-11734	1132	3	,	,	PUNCT
cjel-11734	1132	4	they	they	PRON
cjel-11734	1132	5	might	might	AUX
cjel-11734	1132	6	choose	choose	VERB
cjel-11734	1132	7	a	a	DET
cjel-11734	1132	8	fund	fund	NOUN
cjel-11734	1132	9	with	with	ADP
cjel-11734	1132	10	significant	significant	ADJ
cjel-11734	1132	11	exposure	exposure	NOUN
cjel-11734	1132	12	to	to	ADP
cjel-11734	1132	13	carbon	carbon	NOUN
cjel-11734	1132	14	majors	major	NOUN
cjel-11734	1132	15	or	or	CCONJ
cjel-11734	1132	16	low	low	ADJ
cjel-11734	1132	17	governance	governance	NOUN
cjel-11734	1132	18	firms	firm	NOUN
cjel-11734	1132	19	for	for	ADP
cjel-11734	1132	20	the	the	DET
cjel-11734	1132	21	potential	potential	ADJ
cjel-11734	1132	22	profit	profit	NOUN
cjel-11734	1132	23	.	.	PUNCT
cjel-11734	1133	1	288	288	NUM
cjel-11734	1133	2	.	.	PUNCT
cjel-11734	1134	1	see	see	VERB
cjel-11734	1134	2	otani	otani	PROPN
cjel-11734	1134	3	,	,	PUNCT
cjel-11734	1134	4	supra	supra	PROPN
cjel-11734	1134	5	note	note	NOUN
cjel-11734	1134	6	255	255	NUM
cjel-11734	1134	7	(	(	PUNCT
cjel-11734	1134	8	identifying	identify	VERB
cjel-11734	1134	9	two	two	NUM
cjel-11734	1134	10	esg	esg	NOUN
cjel-11734	1134	11	funds	fund	NOUN
cjel-11734	1134	12	where	where	SCONJ
cjel-11734	1134	13	energy	energy	NOUN
cjel-11734	1134	14	stocks	stock	NOUN
cjel-11734	1134	15	made	make	VERB
cjel-11734	1134	16	up	up	ADP
cjel-11734	1134	17	4	4	NUM
cjel-11734	1134	18	%	%	NOUN
cjel-11734	1134	19	and	and	CCONJ
cjel-11734	1134	20	2.7	2.7	NUM
cjel-11734	1134	21	%	%	NOUN
cjel-11734	1134	22	of	of	ADP
cjel-11734	1134	23	the	the	DET
cjel-11734	1134	24	fund	fund	NOUN
cjel-11734	1134	25	’s	’s	PART
cjel-11734	1134	26	total	total	ADJ
cjel-11734	1134	27	holdings	holding	NOUN
cjel-11734	1134	28	,	,	PUNCT
cjel-11734	1134	29	which	which	PRON
cjel-11734	1134	30	was	be	AUX
cjel-11734	1134	31	in	in	ADP
cjel-11734	1134	32	comparison	comparison	NOUN
cjel-11734	1134	33	to	to	ADP
cjel-11734	1134	34	energy	energy	NOUN
cjel-11734	1134	35	shares	share	NOUN
cjel-11734	1134	36	accounting	account	VERB
cjel-11734	1134	37	for	for	ADP
cjel-11734	1134	38	2023	2023	NUM
cjel-11734	1134	39	]	]	PUNCT
cjel-11734	1134	40	green	green	ADJ
cjel-11734	1134	41	funds	fund	NOUN
cjel-11734	1134	42	in	in	ADP
cjel-11734	1134	43	a	a	DET
cjel-11734	1134	44	gray	gray	ADJ
cjel-11734	1134	45	area	area	NOUN
cjel-11734	1134	46	473	473	NUM
cjel-11734	1134	47	for	for	ADP
cjel-11734	1134	48	perspective	perspective	NOUN
cjel-11734	1134	49	,	,	PUNCT
cjel-11734	1134	50	energy	energy	NOUN
cjel-11734	1134	51	shares	share	NOUN
cjel-11734	1134	52	make	make	VERB
cjel-11734	1134	53	up	up	ADP
cjel-11734	1134	54	about	about	ADV
cjel-11734	1134	55	5	5	NUM
cjel-11734	1134	56	%	%	NOUN
cjel-11734	1134	57	of	of	ADP
cjel-11734	1134	58	the	the	DET
cjel-11734	1134	59	s&p	s&p	PROPN
cjel-11734	1134	60	500.289	500.289	NUM
cjel-11734	1134	61	if	if	SCONJ
cjel-11734	1134	62	certain	certain	ADJ
cjel-11734	1134	63	esg	esg	PROPN
cjel-11734	1134	64	funds	fund	NOUN
cjel-11734	1134	65	are	be	AUX
cjel-11734	1134	66	at	at	ADP
cjel-11734	1134	67	the	the	DET
cjel-11734	1134	68	same	same	ADJ
cjel-11734	1134	69	level	level	NOUN
cjel-11734	1134	70	as	as	ADP
cjel-11734	1134	71	the	the	DET
cjel-11734	1134	72	s&p	s&p	PROPN
cjel-11734	1134	73	500	500	NUM
cjel-11734	1134	74	level	level	NOUN
cjel-11734	1134	75	,	,	PUNCT
cjel-11734	1134	76	it	it	PRON
cjel-11734	1134	77	will	will	AUX
cjel-11734	1134	78	alert	alert	VERB
cjel-11734	1134	79	investors	investor	NOUN
cjel-11734	1134	80	to	to	ADP
cjel-11734	1134	81	the	the	DET
cjel-11734	1134	82	reality	reality	NOUN
cjel-11734	1134	83	that	that	SCONJ
cjel-11734	1134	84	they	they	PRON
cjel-11734	1134	85	have	have	VERB
cjel-11734	1134	86	the	the	DET
cjel-11734	1134	87	same	same	ADJ
cjel-11734	1134	88	exposure	exposure	NOUN
cjel-11734	1134	89	to	to	ADP
cjel-11734	1134	90	energy	energy	NOUN
cjel-11734	1134	91	securities	security	NOUN
cjel-11734	1134	92	as	as	SCONJ
cjel-11734	1134	93	they	they	PRON
cjel-11734	1134	94	would	would	AUX
cjel-11734	1134	95	in	in	ADP
cjel-11734	1134	96	a	a	DET
cjel-11734	1134	97	traditional	traditional	ADJ
cjel-11734	1134	98	index	index	NOUN
cjel-11734	1134	99	fund	fund	NOUN
cjel-11734	1134	100	,	,	PUNCT
cjel-11734	1134	101	while	while	SCONJ
cjel-11734	1134	102	incurring	incur	VERB
cjel-11734	1134	103	significantly	significantly	ADV
cjel-11734	1134	104	higher	high	ADJ
cjel-11734	1134	105	fees	fee	NOUN
cjel-11734	1134	106	associated	associate	VERB
cjel-11734	1134	107	with	with	ADP
cjel-11734	1134	108	an	an	DET
cjel-11734	1134	109	esg	esg	NOUN
cjel-11734	1134	110	fund	fund	NOUN
cjel-11734	1134	111	.	.	PUNCT
cjel-11734	1135	1	for	for	ADP
cjel-11734	1135	2	funds	fund	NOUN
cjel-11734	1135	3	that	that	PRON
cjel-11734	1135	4	are	be	AUX
cjel-11734	1135	5	meaningfully	meaningfully	ADV
cjel-11734	1135	6	below	below	ADP
cjel-11734	1135	7	this	this	DET
cjel-11734	1135	8	5	5	NUM
cjel-11734	1135	9	%	%	NOUN
cjel-11734	1135	10	benchmark	benchmark	NOUN
cjel-11734	1135	11	,	,	PUNCT
cjel-11734	1135	12	disclosing	disclose	VERB
cjel-11734	1135	13	this	this	DET
cjel-11734	1135	14	fact	fact	NOUN
cjel-11734	1135	15	can	can	AUX
cjel-11734	1135	16	help	help	VERB
cjel-11734	1135	17	them	they	PRON
cjel-11734	1135	18	attract	attract	VERB
cjel-11734	1135	19	inflows	inflow	NOUN
cjel-11734	1135	20	from	from	ADP
cjel-11734	1135	21	investors	investor	NOUN
cjel-11734	1135	22	who	who	PRON
cjel-11734	1135	23	are	be	AUX
cjel-11734	1135	24	seeking	seek	VERB
cjel-11734	1135	25	to	to	PART
cjel-11734	1135	26	limit	limit	VERB
cjel-11734	1135	27	exposure	exposure	NOUN
cjel-11734	1135	28	to	to	ADP
cjel-11734	1135	29	the	the	DET
cjel-11734	1135	30	energy	energy	NOUN
cjel-11734	1135	31	sector	sector	NOUN
cjel-11734	1135	32	.	.	PUNCT
cjel-11734	1136	1	it	it	PRON
cjel-11734	1136	2	will	will	AUX
cjel-11734	1136	3	also	also	ADV
cjel-11734	1136	4	shine	shine	VERB
cjel-11734	1136	5	a	a	DET
cjel-11734	1136	6	light	light	NOUN
cjel-11734	1136	7	on	on	ADP
cjel-11734	1136	8	an	an	DET
cjel-11734	1136	9	often	often	ADV
cjel-11734	1136	10	-	-	PUNCT
cjel-11734	1136	11	unspoken	unspoken	ADJ
cjel-11734	1136	12	reality	reality	NOUN
cjel-11734	1136	13	of	of	ADP
cjel-11734	1136	14	esg	esg	PROPN
cjel-11734	1136	15	funds	fund	NOUN
cjel-11734	1136	16	:	:	PUNCT
cjel-11734	1136	17	that	that	SCONJ
cjel-11734	1136	18	they	they	PRON
cjel-11734	1136	19	have	have	AUX
cjel-11734	1136	20	been	be	AUX
cjel-11734	1136	21	“	"	PUNCT
cjel-11734	1136	22	slow	slow	ADJ
cjel-11734	1136	23	to	to	PART
cjel-11734	1136	24	reduce	reduce	VERB
cjel-11734	1136	25	their	their	PRON
cjel-11734	1136	26	exposure	exposure	NOUN
cjel-11734	1136	27	to	to	ADP
cjel-11734	1136	28	fossil	fossil	ADJ
cjel-11734	1136	29	fuels	fuel	NOUN
cjel-11734	1136	30	,	,	PUNCT
cjel-11734	1136	31	”	"	PUNCT
cjel-11734	1136	32	which	which	PRON
cjel-11734	1136	33	“	"	PUNCT
cjel-11734	1136	34	can	can	AUX
cjel-11734	1136	35	sometimes	sometimes	ADV
cjel-11734	1136	36	seem	seem	VERB
cjel-11734	1136	37	at	at	ADP
cjel-11734	1136	38	odds	odd	NOUN
cjel-11734	1136	39	with	with	ADP
cjel-11734	1136	40	the	the	DET
cjel-11734	1136	41	language	language	NOUN
cjel-11734	1136	42	funds	fund	NOUN
cjel-11734	1136	43	include	include	VERB
cjel-11734	1136	44	in	in	ADP
cjel-11734	1136	45	their	their	PRON
cjel-11734	1136	46	prospectuses	prospectus	NOUN
cjel-11734	1136	47	.	.	PUNCT
cjel-11734	1137	1	”290	”290	PROPN
cjel-11734	1137	2	d.	d.	PROPN
cjel-11734	1137	3	potential	potential	PROPN
cjel-11734	1137	4	criticisms	criticism	NOUN
cjel-11734	1137	5	and	and	CCONJ
cjel-11734	1137	6	responses	response	NOUN
cjel-11734	1137	7	while	while	SCONJ
cjel-11734	1137	8	the	the	DET
cjel-11734	1137	9	sec	sec	PROPN
cjel-11734	1137	10	’s	’s	PART
cjel-11734	1137	11	proposed	propose	VERB
cjel-11734	1137	12	regulations	regulation	NOUN
cjel-11734	1137	13	have	have	VERB
cjel-11734	1137	14	the	the	DET
cjel-11734	1137	15	potential	potential	NOUN
cjel-11734	1137	16	to	to	PART
cjel-11734	1137	17	reduce	reduce	VERB
cjel-11734	1137	18	misleading	mislead	VERB
cjel-11734	1137	19	fund	fund	NOUN
cjel-11734	1137	20	names	name	NOUN
cjel-11734	1137	21	and	and	CCONJ
cjel-11734	1137	22	provide	provide	VERB
cjel-11734	1137	23	investors	investor	NOUN
cjel-11734	1137	24	with	with	ADP
cjel-11734	1137	25	specific	specific	ADJ
cjel-11734	1137	26	information	information	NOUN
cjel-11734	1137	27	in	in	ADP
cjel-11734	1137	28	a	a	DET
cjel-11734	1137	29	standardized	standardized	ADJ
cjel-11734	1137	30	framework	framework	NOUN
cjel-11734	1137	31	on	on	ADP
cjel-11734	1137	32	how	how	SCONJ
cjel-11734	1137	33	funds	fund	NOUN
cjel-11734	1137	34	approach	approach	VERB
cjel-11734	1137	35	esg	esg	PROPN
cjel-11734	1137	36	investing	investing	NOUN
cjel-11734	1137	37	,	,	PUNCT
cjel-11734	1137	38	they	they	PRON
cjel-11734	1137	39	also	also	ADV
cjel-11734	1137	40	raise	raise	VERB
cjel-11734	1137	41	some	some	DET
cjel-11734	1137	42	concerns	concern	NOUN
cjel-11734	1137	43	.	.	PUNCT
cjel-11734	1138	1	one	one	NUM
cjel-11734	1138	2	objection	objection	NOUN
cjel-11734	1138	3	to	to	ADP
cjel-11734	1138	4	esg	esg	PROPN
cjel-11734	1138	5	-	-	PUNCT
cjel-11734	1138	6	related	relate	VERB
cjel-11734	1138	7	regulations	regulation	NOUN
cjel-11734	1138	8	raised	raise	VERB
cjel-11734	1138	9	by	by	ADP
cjel-11734	1138	10	a	a	DET
cjel-11734	1138	11	handful	handful	NOUN
cjel-11734	1138	12	of	of	ADP
cjel-11734	1138	13	law	law	NOUN
cjel-11734	1138	14	professors	professor	NOUN
cjel-11734	1138	15	is	be	AUX
cjel-11734	1138	16	that	that	SCONJ
cjel-11734	1138	17	those	those	DET
cjel-11734	1138	18	same	same	ADJ
cjel-11734	1138	19	criticisms	criticism	NOUN
cjel-11734	1138	20	“	"	PUNCT
cjel-11734	1138	21	might	might	AUX
cjel-11734	1138	22	be	be	AUX
cjel-11734	1138	23	made	make	VERB
cjel-11734	1138	24	with	with	ADP
cjel-11734	1138	25	equal	equal	ADJ
cjel-11734	1138	26	force	force	NOUN
cjel-11734	1138	27	against	against	ADP
cjel-11734	1138	28	other	other	ADJ
cjel-11734	1138	29	types	type	NOUN
cjel-11734	1138	30	of	of	ADP
cjel-11734	1138	31	funds	fund	NOUN
cjel-11734	1138	32	”	"	PUNCT
cjel-11734	1138	33	and	and	CCONJ
cjel-11734	1138	34	esg	esg	PROPN
cjel-11734	1138	35	funds	fund	NOUN
cjel-11734	1138	36	are	be	AUX
cjel-11734	1138	37	wrongfully	wrongfully	ADV
cjel-11734	1138	38	being	be	AUX
cjel-11734	1138	39	singled	single	VERB
cjel-11734	1138	40	out.291	out.291	ADV
cjel-11734	1138	41	therefore	therefore	ADV
cjel-11734	1138	42	,	,	PUNCT
cjel-11734	1138	43	before	before	ADP
cjel-11734	1138	44	creating	create	VERB
cjel-11734	1138	45	regulations	regulation	NOUN
cjel-11734	1138	46	specifically	specifically	ADV
cjel-11734	1138	47	for	for	ADP
cjel-11734	1138	48	esg	esg	PROPN
cjel-11734	1138	49	funds	fund	NOUN
cjel-11734	1138	50	,	,	PUNCT
cjel-11734	1138	51	they	they	PRON
cjel-11734	1138	52	argue	argue	VERB
cjel-11734	1138	53	that	that	SCONJ
cjel-11734	1138	54	policymakers	policymaker	NOUN
cjel-11734	1138	55	ought	ought	AUX
cjel-11734	1138	56	to	to	PART
cjel-11734	1138	57	determine	determine	VERB
cjel-11734	1138	58	“	"	PUNCT
cjel-11734	1138	59	if	if	SCONJ
cjel-11734	1138	60	the	the	DET
cjel-11734	1138	61	purported	purport	VERB
cjel-11734	1138	62	esg	esg	PROPN
cjel-11734	1138	63	issue	issue	NOUN
cjel-11734	1138	64	is	be	AUX
cjel-11734	1138	65	one	one	NUM
cjel-11734	1138	66	that	that	PRON
cjel-11734	1138	67	affects	affect	VERB
cjel-11734	1138	68	the	the	DET
cjel-11734	1138	69	entire	entire	ADJ
cjel-11734	1138	70	fund	fund	NOUN
cjel-11734	1138	71	market	market	NOUN
cjel-11734	1138	72	.	.	PUNCT
cjel-11734	1139	1	”292	”292	PUNCT
cjel-11734	1140	1	the	the	DET
cjel-11734	1140	2	example	example	NOUN
cjel-11734	1140	3	these	these	DET
cjel-11734	1140	4	professors	professor	NOUN
cjel-11734	1140	5	provide	provide	VERB
cjel-11734	1140	6	is	be	AUX
cjel-11734	1140	7	the	the	DET
cjel-11734	1140	8	names	name	NOUN
cjel-11734	1140	9	rule	rule	NOUN
cjel-11734	1140	10	.	.	PUNCT
cjel-11734	1141	1	while	while	SCONJ
cjel-11734	1141	2	they	they	PRON
cjel-11734	1141	3	acknowledge	acknowledge	VERB
cjel-11734	1141	4	that	that	SCONJ
cjel-11734	1141	5	“	"	PUNCT
cjel-11734	1141	6	esg	esg	NOUN
cjel-11734	1141	7	terminology	terminology	NOUN
cjel-11734	1141	8	in	in	ADP
cjel-11734	1141	9	a	a	DET
cjel-11734	1141	10	fund	fund	NOUN
cjel-11734	1141	11	name	name	NOUN
cjel-11734	1141	12	provides	provide	VERB
cjel-11734	1141	13	investors	investor	NOUN
cjel-11734	1141	14	with	with	ADP
cjel-11734	1141	15	limited	limited	ADJ
cjel-11734	1141	16	information	information	NOUN
cjel-11734	1141	17	about	about	ADP
cjel-11734	1141	18	a	a	DET
cjel-11734	1141	19	fund	fund	NOUN
cjel-11734	1141	20	’s	’s	PART
cjel-11734	1141	21	approach	approach	NOUN
cjel-11734	1141	22	,	,	PUNCT
cjel-11734	1141	23	”	"	PUNCT
cjel-11734	1141	24	they	they	PRON
cjel-11734	1141	25	contend	contend	VERB
cjel-11734	1141	26	that	that	SCONJ
cjel-11734	1141	27	because	because	SCONJ
cjel-11734	1141	28	this	this	PRON
cjel-11734	1141	29	is	be	AUX
cjel-11734	1141	30	true	true	ADJ
cjel-11734	1141	31	of	of	ADP
cjel-11734	1141	32	other	other	ADJ
cjel-11734	1141	33	terms	term	NOUN
cjel-11734	1141	34	commonly	commonly	ADV
cjel-11734	1141	35	used	use	VERB
cjel-11734	1141	36	in	in	ADP
cjel-11734	1141	37	fund	fund	NOUN
cjel-11734	1141	38	names	name	NOUN
cjel-11734	1141	39	,	,	PUNCT
cjel-11734	1141	40	like	like	ADP
cjel-11734	1141	41	“	"	PUNCT
cjel-11734	1141	42	blue	blue	ADJ
cjel-11734	1141	43	-	-	PUNCT
cjel-11734	1141	44	chip	chip	NOUN
cjel-11734	1141	45	”	"	PUNCT
cjel-11734	1141	46	or	or	CCONJ
cjel-11734	1141	47	“	"	PUNCT
cjel-11734	1141	48	capital	capital	NOUN
cjel-11734	1141	49	preservation	preservation	NOUN
cjel-11734	1141	50	,	,	PUNCT
cjel-11734	1141	51	”	"	PUNCT
cjel-11734	1141	52	“	"	PUNCT
cjel-11734	1141	53	the	the	DET
cjel-11734	1141	54	vagueness	vagueness	NOUN
cjel-11734	1141	55	of	of	ADP
cjel-11734	1141	56	esg	esg	PROPN
cjel-11734	1141	57	-	-	PUNCT
cjel-11734	1141	58	names	name	NOUN
cjel-11734	1141	59	seems	seem	VERB
cjel-11734	1141	60	no	no	ADV
cjel-11734	1141	61	worse	bad	ADJ
cjel-11734	1141	62	.	.	PUNCT
cjel-11734	1141	63	.	.	PUNCT
cjel-11734	1142	1	.	.	PUNCT
cjel-11734	1143	1	than	than	ADP
cjel-11734	1143	2	other	other	ADJ
cjel-11734	1143	3	types	type	NOUN
cjel-11734	1143	4	of	of	ADP
cjel-11734	1143	5	names	name	NOUN
cjel-11734	1143	6	suggesting	suggest	VERB
cjel-11734	1143	7	investment	investment	NOUN
cjel-11734	1143	8	strategies	strategy	NOUN
cjel-11734	1143	9	.	.	PUNCT
cjel-11734	1143	10	”293	”293	PUNCT
cjel-11734	1143	11	4.3	4.3	NUM
cjel-11734	1143	12	%	%	NOUN
cjel-11734	1143	13	of	of	ADP
cjel-11734	1143	14	the	the	DET
cjel-11734	1143	15	s&p	s&p	PROPN
cjel-11734	1143	16	500	500	NUM
cjel-11734	1143	17	)	)	PUNCT
cjel-11734	1143	18	;	;	PUNCT
cjel-11734	1143	19	see	see	VERB
cjel-11734	1143	20	also	also	ADV
cjel-11734	1143	21	kevin	kevin	PROPN
cjel-11734	1143	22	schmidt	schmidt	PROPN
cjel-11734	1143	23	,	,	PUNCT
cjel-11734	1143	24	esg	esg	PROPN
cjel-11734	1143	25	on	on	ADP
cjel-11734	1143	26	the	the	DET
cjel-11734	1143	27	edge	edge	NOUN
cjel-11734	1143	28	:	:	PUNCT
cjel-11734	1143	29	controversy	controversy	NOUN
cjel-11734	1143	30	weighs	weigh	VERB
cjel-11734	1143	31	on	on	ADP
cjel-11734	1143	32	sustainable	sustainable	ADJ
cjel-11734	1143	33	etfs	etfs	NOUN
cjel-11734	1143	34	,	,	PUNCT
cjel-11734	1143	35	cnbc	cnbc	PROPN
cjel-11734	1143	36	(	(	PUNCT
cjel-11734	1143	37	sept	sept	PROPN
cjel-11734	1143	38	.	.	PROPN
cjel-11734	1143	39	11	11	NUM
cjel-11734	1143	40	,	,	PUNCT
cjel-11734	1143	41	2022	2022	NUM
cjel-11734	1143	42	)	)	PUNCT
cjel-11734	1143	43	,	,	PUNCT
cjel-11734	1143	44	https://www.cnbc.com/2022/09/11/esg-on-theedge-controversy-weighs-on-sustainable-etfs.html	https://www.cnbc.com/2022/09/11/esg-on-theedge-controversy-weighs-on-sustainable-etfs.html	PROPN
cjel-11734	1144	1	[	[	X
cjel-11734	1144	2	https://perma.cc/f5u7-wpgb	https://perma.cc/f5u7-wpgb	X
cjel-11734	1144	3	]	]	PUNCT
cjel-11734	1144	4	.	.	PUNCT
cjel-11734	1145	1	289	289	NUM
cjel-11734	1145	2	.	.	PUNCT
cjel-11734	1146	1	s&p	s&p	PROPN
cjel-11734	1146	2	dow	dow	PROPN
cjel-11734	1146	3	jones	jones	PROPN
cjel-11734	1146	4	indices	index	NOUN
cjel-11734	1146	5	,	,	PUNCT
cjel-11734	1146	6	s&p	s&p	PROPN
cjel-11734	1146	7	500	500	NUM
cjel-11734	1146	8	factsheet	factsheet	NOUN
cjel-11734	1146	9	5	5	NUM
cjel-11734	1146	10	,	,	PUNCT
cjel-11734	1146	11	https://www.spglobal.com/spdji/en/indices/equity/sp-500/#data	https://www.spglobal.com/spdji/en/indices/equity/sp-500/#data	PROPN
cjel-11734	1147	1	[	[	X
cjel-11734	1147	2	https://perma.cc/5xwms2xp	https://perma.cc/5xwms2xp	X
cjel-11734	1147	3	]	]	X
cjel-11734	1147	4	(	(	PUNCT
cjel-11734	1147	5	last	last	ADV
cjel-11734	1147	6	visited	visit	VERB
cjel-11734	1147	7	mar	mar	PROPN
cjel-11734	1147	8	.	.	PROPN
cjel-11734	1147	9	11	11	NUM
cjel-11734	1147	10	,	,	PUNCT
cjel-11734	1147	11	2023	2023	NUM
cjel-11734	1147	12	)	)	PUNCT
cjel-11734	1147	13	.	.	PUNCT
cjel-11734	1148	1	290	290	NUM
cjel-11734	1148	2	.	.	PUNCT
cjel-11734	1148	3	see	see	VERB
cjel-11734	1148	4	otani	otani	PROPN
cjel-11734	1148	5	,	,	PUNCT
cjel-11734	1148	6	supra	supra	PROPN
cjel-11734	1148	7	note	note	NOUN
cjel-11734	1148	8	255	255	NUM
cjel-11734	1148	9	.	.	X
cjel-11734	1148	10	291	291	NUM
cjel-11734	1148	11	.	.	PUNCT
cjel-11734	1149	1	quinn	quinn	PROPN
cjel-11734	1149	2	curtis	curtis	PROPN
cjel-11734	1149	3	et	et	PROPN
cjel-11734	1149	4	al	al	PROPN
cjel-11734	1149	5	.	.	PROPN
cjel-11734	1149	6	,	,	PUNCT
cjel-11734	1149	7	do	do	AUX
cjel-11734	1149	8	esg	esg	PROPN
cjel-11734	1149	9	funds	fund	NOUN
cjel-11734	1149	10	deliver	deliver	VERB
cjel-11734	1149	11	on	on	ADP
cjel-11734	1149	12	their	their	PRON
cjel-11734	1149	13	promises	promise	NOUN
cjel-11734	1149	14	?	?	PUNCT
cjel-11734	1149	15	,	,	PUNCT
cjel-11734	1149	16	120	120	NUM
cjel-11734	1149	17	mich	mich	X
cjel-11734	1149	18	.	.	PUNCT
cjel-11734	1150	1	l.	l.	PROPN
cjel-11734	1150	2	rev	rev	PROPN
cjel-11734	1150	3	.	.	PROPN
cjel-11734	1150	4	393	393	NUM
cjel-11734	1150	5	,	,	PUNCT
cjel-11734	1150	6	449	449	NUM
cjel-11734	1150	7	(	(	PUNCT
cjel-11734	1150	8	2021	2021	NUM
cjel-11734	1150	9	)	)	PUNCT
cjel-11734	1150	10	.	.	PUNCT
cjel-11734	1151	1	292	292	NUM
cjel-11734	1151	2	.	.	PUNCT
cjel-11734	1152	1	i	i	PRON
cjel-11734	1152	2	d.	d.	PROPN
cjel-11734	1152	3	293	293	NUM
cjel-11734	1152	4	.	.	PUNCT
cjel-11734	1153	1	i	i	PRON
cjel-11734	1153	2	d.	d.	PROPN
cjel-11734	1153	3	at	at	ADP
cjel-11734	1153	4	450	450	NUM
cjel-11734	1153	5	.	.	PUNCT
cjel-11734	1154	1	474	474	NUM
cjel-11734	1154	2	columbia	columbia	PROPN
cjel-11734	1154	3	journal	journal	PROPN
cjel-11734	1154	4	of	of	ADP
cjel-11734	1154	5	environmental	environmental	ADJ
cjel-11734	1154	6	law	law	NOUN
cjel-11734	1155	1	[	[	X
cjel-11734	1155	2	vol.48:2	vol.48:2	NOUN
cjel-11734	1155	3	while	while	SCONJ
cjel-11734	1155	4	it	it	PRON
cjel-11734	1155	5	is	be	AUX
cjel-11734	1155	6	true	true	ADJ
cjel-11734	1155	7	that	that	SCONJ
cjel-11734	1155	8	the	the	DET
cjel-11734	1155	9	names	name	NOUN
cjel-11734	1155	10	of	of	ADP
cjel-11734	1155	11	various	various	ADJ
cjel-11734	1155	12	types	type	NOUN
cjel-11734	1155	13	of	of	ADP
cjel-11734	1155	14	funds	fund	NOUN
cjel-11734	1155	15	can	can	AUX
cjel-11734	1155	16	be	be	AUX
cjel-11734	1155	17	confusing	confusing	ADJ
cjel-11734	1155	18	,	,	PUNCT
cjel-11734	1155	19	the	the	DET
cjel-11734	1155	20	professors	professor	NOUN
cjel-11734	1155	21	’	'	PUNCT
cjel-11734	1155	22	argument	argument	NOUN
cjel-11734	1155	23	does	do	AUX
cjel-11734	1155	24	not	not	PART
cjel-11734	1155	25	account	account	VERB
cjel-11734	1155	26	for	for	ADP
cjel-11734	1155	27	the	the	DET
cjel-11734	1155	28	inherent	inherent	ADJ
cjel-11734	1155	29	differences	difference	NOUN
cjel-11734	1155	30	between	between	ADP
cjel-11734	1155	31	esg	esg	NOUN
cjel-11734	1155	32	funds	fund	NOUN
cjel-11734	1155	33	and	and	CCONJ
cjel-11734	1155	34	all	all	DET
cjel-11734	1155	35	other	other	ADJ
cjel-11734	1155	36	funds	fund	NOUN
cjel-11734	1155	37	that	that	PRON
cjel-11734	1155	38	justify	justify	VERB
cjel-11734	1155	39	developing	develop	VERB
cjel-11734	1155	40	esg	esg	NOUN
cjel-11734	1155	41	-	-	PUNCT
cjel-11734	1155	42	specific	specific	ADJ
cjel-11734	1155	43	regulations	regulation	NOUN
cjel-11734	1155	44	.	.	PUNCT
cjel-11734	1156	1	first	first	ADV
cjel-11734	1156	2	,	,	PUNCT
cjel-11734	1156	3	when	when	SCONJ
cjel-11734	1156	4	comparing	compare	VERB
cjel-11734	1156	5	the	the	DET
cjel-11734	1156	6	motivations	motivation	NOUN
cjel-11734	1156	7	behind	behind	ADP
cjel-11734	1156	8	investing	invest	VERB
cjel-11734	1156	9	in	in	ADP
cjel-11734	1156	10	“	"	PUNCT
cjel-11734	1156	11	blue	blue	ADJ
cjel-11734	1156	12	-	-	PUNCT
cjel-11734	1156	13	chip	chip	NOUN
cjel-11734	1156	14	”	"	PUNCT
cjel-11734	1156	15	and	and	CCONJ
cjel-11734	1156	16	esg	esg	PROPN
cjel-11734	1156	17	funds	fund	NOUN
cjel-11734	1156	18	,	,	PUNCT
cjel-11734	1156	19	as	as	SCONJ
cjel-11734	1156	20	they	they	PRON
cjel-11734	1156	21	do	do	VERB
cjel-11734	1156	22	,	,	PUNCT
cjel-11734	1156	23	it	it	PRON
cjel-11734	1156	24	becomes	become	VERB
cjel-11734	1156	25	clear	clear	ADJ
cjel-11734	1156	26	that	that	SCONJ
cjel-11734	1156	27	for	for	ADP
cjel-11734	1156	28	many	many	ADJ
cjel-11734	1156	29	retail	retail	ADJ
cjel-11734	1156	30	investors	investor	NOUN
cjel-11734	1156	31	,	,	PUNCT
cjel-11734	1156	32	the	the	DET
cjel-11734	1156	33	decision	decision	NOUN
cjel-11734	1156	34	to	to	PART
cjel-11734	1156	35	enter	enter	VERB
cjel-11734	1156	36	an	an	DET
cjel-11734	1156	37	esg	esg	NOUN
cjel-11734	1156	38	fund	fund	NOUN
cjel-11734	1156	39	is	be	AUX
cjel-11734	1156	40	often	often	ADV
cjel-11734	1156	41	motivated	motivate	VERB
cjel-11734	1156	42	by	by	ADP
cjel-11734	1156	43	both	both	CCONJ
cjel-11734	1156	44	financial	financial	ADJ
cjel-11734	1156	45	and	and	CCONJ
cjel-11734	1156	46	“	"	PUNCT
cjel-11734	1156	47	emotional	emotional	ADJ
cjel-11734	1156	48	drivers,”294	drivers,”294	NOUN
cjel-11734	1156	49	which	which	PRON
cjel-11734	1156	50	is	be	AUX
cjel-11734	1156	51	not	not	PART
cjel-11734	1156	52	generally	generally	ADV
cjel-11734	1156	53	true	true	ADJ
cjel-11734	1156	54	for	for	ADP
cjel-11734	1156	55	other	other	ADJ
cjel-11734	1156	56	investments	investment	NOUN
cjel-11734	1156	57	,	,	PUNCT
cjel-11734	1156	58	which	which	PRON
cjel-11734	1156	59	are	be	AUX
cjel-11734	1156	60	solely	solely	ADV
cjel-11734	1156	61	profit	profit	NOUN
cjel-11734	1156	62	-	-	PUNCT
cjel-11734	1156	63	driven	drive	VERB
cjel-11734	1156	64	decisions	decision	NOUN
cjel-11734	1156	65	.	.	PUNCT
cjel-11734	1157	1	for	for	ADP
cjel-11734	1157	2	example	example	NOUN
cjel-11734	1157	3	,	,	PUNCT
cjel-11734	1157	4	an	an	DET
cjel-11734	1157	5	investor	investor	NOUN
cjel-11734	1157	6	might	might	AUX
cjel-11734	1157	7	be	be	AUX
cjel-11734	1157	8	one	one	NUM
cjel-11734	1157	9	of	of	ADP
cjel-11734	1157	10	the	the	DET
cjel-11734	1157	11	70	70	NUM
cjel-11734	1157	12	%	%	NOUN
cjel-11734	1157	13	of	of	ADP
cjel-11734	1157	14	millennials	millennial	NOUN
cjel-11734	1157	15	willing	willing	ADJ
cjel-11734	1157	16	to	to	PART
cjel-11734	1157	17	sacrifice	sacrifice	VERB
cjel-11734	1157	18	yield	yield	NOUN
cjel-11734	1157	19	for	for	ADP
cjel-11734	1157	20	esg	esg	PROPN
cjel-11734	1157	21	outcomes	outcome	NOUN
cjel-11734	1157	22	and	and	CCONJ
cjel-11734	1157	23	invest	invest	VERB
cjel-11734	1157	24	in	in	ADP
cjel-11734	1157	25	an	an	DET
cjel-11734	1157	26	esg	esg	PROPN
cjel-11734	1157	27	engagement	engagement	NOUN
cjel-11734	1157	28	fund	fund	NOUN
cjel-11734	1157	29	to	to	PART
cjel-11734	1157	30	pressure	pressure	VERB
cjel-11734	1157	31	a	a	DET
cjel-11734	1157	32	company	company	NOUN
cjel-11734	1157	33	to	to	PART
cjel-11734	1157	34	adopt	adopt	VERB
cjel-11734	1157	35	better	well	ADJ
cjel-11734	1157	36	environmental	environmental	ADJ
cjel-11734	1157	37	practices;295	practices;295	PROPN
cjel-11734	1157	38	but	but	CCONJ
cjel-11734	1157	39	there	there	PRON
cjel-11734	1157	40	is	be	VERB
cjel-11734	1157	41	no	no	DET
cjel-11734	1157	42	analogous	analogous	ADJ
cjel-11734	1157	43	emotional	emotional	ADJ
cjel-11734	1157	44	driver	driver	NOUN
cjel-11734	1157	45	,	,	PUNCT
cjel-11734	1157	46	or	or	CCONJ
cjel-11734	1157	47	financial	financial	ADJ
cjel-11734	1157	48	trade	trade	NOUN
cjel-11734	1157	49	-	-	PUNCT
cjel-11734	1157	50	off	off	NOUN
cjel-11734	1157	51	,	,	PUNCT
cjel-11734	1157	52	when	when	SCONJ
cjel-11734	1157	53	investing	invest	VERB
cjel-11734	1157	54	in	in	ADP
cjel-11734	1157	55	a	a	DET
cjel-11734	1157	56	“	"	PUNCT
cjel-11734	1157	57	blue	blue	ADJ
cjel-11734	1157	58	-	-	PUNCT
cjel-11734	1157	59	chip	chip	NOUN
cjel-11734	1157	60	”	"	PUNCT
cjel-11734	1157	61	or	or	CCONJ
cjel-11734	1157	62	any	any	DET
cjel-11734	1157	63	other	other	ADJ
cjel-11734	1157	64	type	type	NOUN
cjel-11734	1157	65	of	of	ADP
cjel-11734	1157	66	fund	fund	NOUN
cjel-11734	1157	67	.	.	PUNCT
cjel-11734	1158	1	in	in	ADP
cjel-11734	1158	2	addition	addition	NOUN
cjel-11734	1158	3	,	,	PUNCT
cjel-11734	1158	4	other	other	ADJ
cjel-11734	1158	5	potentially	potentially	ADV
cjel-11734	1158	6	confusing	confusing	ADJ
cjel-11734	1158	7	terms	term	NOUN
cjel-11734	1158	8	used	use	VERB
cjel-11734	1158	9	in	in	ADP
cjel-11734	1158	10	fund	fund	NOUN
cjel-11734	1158	11	names	name	NOUN
cjel-11734	1158	12	(	(	PUNCT
cjel-11734	1158	13	e.g.	e.g.	ADV
cjel-11734	1158	14	,	,	PUNCT
cjel-11734	1158	15	“	"	PUNCT
cjel-11734	1158	16	blue	blue	ADJ
cjel-11734	1158	17	-	-	PUNCT
cjel-11734	1158	18	chip	chip	NOUN
cjel-11734	1158	19	”	"	PUNCT
cjel-11734	1158	20	)	)	PUNCT
cjel-11734	1158	21	have	have	AUX
cjel-11734	1158	22	generally	generally	ADV
cjel-11734	1158	23	recognized	recognize	VERB
cjel-11734	1158	24	definitions	definition	NOUN
cjel-11734	1158	25	,	,	PUNCT
cjel-11734	1158	26	but	but	CCONJ
cjel-11734	1158	27	esg	esg	NOUN
cjel-11734	1158	28	-	-	PUNCT
cjel-11734	1158	29	related	relate	VERB
cjel-11734	1158	30	terms	term	NOUN
cjel-11734	1158	31	do	do	AUX
cjel-11734	1158	32	not.296	not.296	NOUN
cjel-11734	1158	33	therefore	therefore	ADV
cjel-11734	1158	34	,	,	PUNCT
cjel-11734	1158	35	esg	esg	PROPN
cjel-11734	1158	36	funds	fund	NOUN
cjel-11734	1158	37	warrant	warrant	VERB
cjel-11734	1158	38	more	more	ADJ
cjel-11734	1158	39	regulation	regulation	NOUN
cjel-11734	1158	40	to	to	PART
cjel-11734	1158	41	ensure	ensure	VERB
cjel-11734	1158	42	investors	investor	NOUN
cjel-11734	1158	43	are	be	AUX
cjel-11734	1158	44	not	not	PART
cjel-11734	1158	45	confused	confuse	VERB
cjel-11734	1158	46	by	by	ADP
cjel-11734	1158	47	nebulous	nebulous	ADJ
cjel-11734	1158	48	esg	esg	NOUN
cjel-11734	1158	49	lingo	lingo	NOUN
cjel-11734	1158	50	.	.	PUNCT
cjel-11734	1159	1	another	another	DET
cjel-11734	1159	2	inevitable	inevitable	ADJ
cjel-11734	1159	3	objection	objection	NOUN
cjel-11734	1159	4	raised	raise	VERB
cjel-11734	1159	5	against	against	ADP
cjel-11734	1159	6	any	any	DET
cjel-11734	1159	7	new	new	ADJ
cjel-11734	1159	8	disclosures	disclosure	NOUN
cjel-11734	1159	9	is	be	AUX
cjel-11734	1159	10	that	that	SCONJ
cjel-11734	1159	11	they	they	PRON
cjel-11734	1159	12	will	will	AUX
cjel-11734	1159	13	be	be	AUX
cjel-11734	1159	14	a	a	DET
cjel-11734	1159	15	financial	financial	ADJ
cjel-11734	1159	16	and	and	CCONJ
cjel-11734	1159	17	administrative	administrative	ADJ
cjel-11734	1159	18	burden.297	burden.297	PROPN
cjel-11734	1159	19	such	such	DET
cjel-11734	1159	20	a	a	DET
cjel-11734	1159	21	concern	concern	NOUN
cjel-11734	1159	22	is	be	AUX
cjel-11734	1159	23	particularly	particularly	ADV
cjel-11734	1159	24	relevant	relevant	ADJ
cjel-11734	1159	25	in	in	ADP
cjel-11734	1159	26	the	the	DET
cjel-11734	1159	27	esg	esg	NOUN
cjel-11734	1159	28	space	space	NOUN
cjel-11734	1159	29	,	,	PUNCT
cjel-11734	1159	30	where	where	SCONJ
cjel-11734	1159	31	there	there	PRON
cjel-11734	1159	32	is	be	VERB
cjel-11734	1159	33	not	not	PART
cjel-11734	1159	34	even	even	ADV
cjel-11734	1159	35	consensus	consensus	NOUN
cjel-11734	1159	36	over	over	ADP
cjel-11734	1159	37	what	what	PRON
cjel-11734	1159	38	esg	esg	PROPN
cjel-11734	1159	39	data	data	PROPN
cjel-11734	1159	40	is	be	AUX
cjel-11734	1159	41	material,298	material,298	PROPN
cjel-11734	1159	42	nor	nor	CCONJ
cjel-11734	1159	43	is	be	AUX
cjel-11734	1159	44	there	there	ADV
cjel-11734	1159	45	standardized	standardized	ADJ
cjel-11734	1159	46	and	and	CCONJ
cjel-11734	1159	47	accurate	accurate	ADJ
cjel-11734	1159	48	data	datum	NOUN
cjel-11734	1159	49	for	for	ADP
cjel-11734	1159	50	fund	fund	NOUN
cjel-11734	1159	51	managers	manager	NOUN
cjel-11734	1159	52	to	to	PART
cjel-11734	1159	53	rely	rely	VERB
cjel-11734	1159	54	on.299	on.299	ADP
cjel-11734	1159	55	therefore	therefore	ADV
cjel-11734	1159	56	,	,	PUNCT
cjel-11734	1159	57	any	any	DET
cjel-11734	1159	58	mandates	mandate	NOUN
cjel-11734	1159	59	to	to	PART
cjel-11734	1159	60	require	require	VERB
cjel-11734	1159	61	specific	specific	ADJ
cjel-11734	1159	62	esg	esg	NOUN
cjel-11734	1159	63	metrics	metric	NOUN
cjel-11734	1159	64	might	might	AUX
cjel-11734	1159	65	result	result	VERB
cjel-11734	1159	66	in	in	ADP
cjel-11734	1159	67	unnecessary	unnecessary	ADJ
cjel-11734	1159	68	costs	cost	NOUN
cjel-11734	1159	69	to	to	ADP
cjel-11734	1159	70	issuers.300	issuers.300	NUM
cjel-11734	1159	71	while	while	SCONJ
cjel-11734	1159	72	it	it	PRON
cjel-11734	1159	73	is	be	AUX
cjel-11734	1159	74	true	true	ADJ
cjel-11734	1159	75	that	that	SCONJ
cjel-11734	1159	76	developing	develop	VERB
cjel-11734	1159	77	a	a	DET
cjel-11734	1159	78	new	new	ADJ
cjel-11734	1159	79	disclosure	disclosure	NOUN
cjel-11734	1159	80	will	will	AUX
cjel-11734	1159	81	lead	lead	VERB
cjel-11734	1159	82	to	to	ADP
cjel-11734	1159	83	increased	increase	VERB
cjel-11734	1159	84	costs	cost	NOUN
cjel-11734	1159	85	to	to	PART
cjel-11734	1159	86	produce	produce	VERB
cjel-11734	1159	87	and	and	CCONJ
cjel-11734	1159	88	maintain	maintain	VERB
cjel-11734	1159	89	294	294	NUM
cjel-11734	1159	90	.	.	PUNCT
cjel-11734	1160	1	sally	sally	PROPN
cjel-11734	1160	2	hickey	hickey	PROPN
cjel-11734	1160	3	,	,	PUNCT
cjel-11734	1160	4	advisers	adviser	NOUN
cjel-11734	1160	5	need	need	VERB
cjel-11734	1160	6	to	to	PART
cjel-11734	1160	7	tap	tap	VERB
cjel-11734	1160	8	into	into	ADP
cjel-11734	1160	9	esg	esg	PROPN
cjel-11734	1160	10	emotional	emotional	ADJ
cjel-11734	1160	11	drivers	driver	NOUN
cjel-11734	1160	12	,	,	PUNCT
cjel-11734	1160	13	says	say	VERB
cjel-11734	1160	14	aviva	aviva	PROPN
cjel-11734	1160	15	,	,	PUNCT
cjel-11734	1160	16	fin	fin	PROPN
cjel-11734	1160	17	.	.	PUNCT
cjel-11734	1161	1	times	times	PROPN
cjel-11734	1161	2	(	(	PUNCT
cjel-11734	1161	3	may	may	PROPN
cjel-11734	1161	4	24	24	NUM
cjel-11734	1161	5	,	,	PUNCT
cjel-11734	1161	6	2021	2021	NUM
cjel-11734	1161	7	)	)	PUNCT
cjel-11734	1161	8	,	,	PUNCT
cjel-11734	1161	9	https://www.ftadviser.com/investments/2021/05/24/advisers-need-to-tapinto-esg-emotional-drivers-says-aviva/	https://www.ftadviser.com/investments/2021/05/24/advisers-need-to-tapinto-esg-emotional-drivers-says-aviva/	VERB
cjel-11734	1162	1	[	[	X
cjel-11734	1162	2	https://perma.cc/h3xe-4uw7	https://perma.cc/h3xe-4uw7	X
cjel-11734	1162	3	]	]	PUNCT
cjel-11734	1162	4	.	.	PUNCT
cjel-11734	1163	1	295	295	NUM
cjel-11734	1163	2	.	.	PUNCT
cjel-11734	1164	1	sardon	sardon	ADJ
cjel-11734	1164	2	,	,	PUNCT
cjel-11734	1164	3	supra	supra	PROPN
cjel-11734	1164	4	note	note	NOUN
cjel-11734	1164	5	106	106	NUM
cjel-11734	1164	6	.	.	PUNCT
cjel-11734	1165	1	296	296	NUM
cjel-11734	1165	2	.	.	PUNCT
cjel-11734	1166	1	clements	clements	PROPN
cjel-11734	1166	2	,	,	PUNCT
cjel-11734	1166	3	supra	supra	PROPN
cjel-11734	1166	4	note	note	PROPN
cjel-11734	1166	5	110	110	NUM
cjel-11734	1166	6	,	,	PUNCT
cjel-11734	1166	7	at	at	ADP
cjel-11734	1166	8	26	26	NUM
cjel-11734	1166	9	(	(	PUNCT
cjel-11734	1166	10	explaining	explain	VERB
cjel-11734	1166	11	that	that	SCONJ
cjel-11734	1166	12	the	the	DET
cjel-11734	1166	13	subtle	subtle	ADJ
cjel-11734	1166	14	distinctions	distinction	NOUN
cjel-11734	1166	15	between	between	ADP
cjel-11734	1166	16	esg	esg	NOUN
cjel-11734	1166	17	fund	fund	NOUN
cjel-11734	1166	18	strategies	strategy	NOUN
cjel-11734	1166	19	can	can	AUX
cjel-11734	1166	20	impair	impair	VERB
cjel-11734	1166	21	easy	easy	ADJ
cjel-11734	1166	22	investor	investor	NOUN
cjel-11734	1166	23	comparison	comparison	NOUN
cjel-11734	1166	24	and	and	CCONJ
cjel-11734	1166	25	confuse	confuse	VERB
cjel-11734	1166	26	investors	investor	NOUN
cjel-11734	1166	27	about	about	ADP
cjel-11734	1166	28	what	what	PRON
cjel-11734	1166	29	they	they	PRON
cjel-11734	1166	30	’re	’re	AUX
cjel-11734	1166	31	actually	actually	ADV
cjel-11734	1166	32	investing	invest	VERB
cjel-11734	1166	33	in	in	ADP
cjel-11734	1166	34	)	)	PUNCT
cjel-11734	1166	35	.	.	PUNCT
cjel-11734	1167	1	297	297	NUM
cjel-11734	1167	2	.	.	PUNCT
cjel-11734	1168	1	see	see	VERB
cjel-11734	1168	2	,	,	PUNCT
cjel-11734	1168	3	e.g.	e.g.	ADV
cjel-11734	1168	4	,	,	PUNCT
cjel-11734	1168	5	peirce	peirce	NOUN
cjel-11734	1168	6	,	,	PUNCT
cjel-11734	1168	7	supra	supra	PROPN
cjel-11734	1168	8	note	note	NOUN
cjel-11734	1168	9	239	239	NUM
cjel-11734	1168	10	(	(	PUNCT
cjel-11734	1168	11	outlining	outline	VERB
cjel-11734	1168	12	several	several	ADJ
cjel-11734	1168	13	aspects	aspect	NOUN
cjel-11734	1168	14	of	of	ADP
cjel-11734	1168	15	the	the	DET
cjel-11734	1168	16	sec	sec	PROPN
cjel-11734	1168	17	’s	’s	PART
cjel-11734	1168	18	may	may	AUX
cjel-11734	1168	19	2022	2022	NUM
cjel-11734	1168	20	proposals	proposal	NOUN
cjel-11734	1168	21	that	that	PRON
cjel-11734	1168	22	may	may	AUX
cjel-11734	1168	23	be	be	AUX
cjel-11734	1168	24	costlier	costly	ADJ
cjel-11734	1168	25	to	to	PART
cjel-11734	1168	26	implement	implement	VERB
cjel-11734	1168	27	than	than	SCONJ
cjel-11734	1168	28	the	the	DET
cjel-11734	1168	29	sec	sec	PROPN
cjel-11734	1168	30	anticipates	anticipate	VERB
cjel-11734	1168	31	)	)	PUNCT
cjel-11734	1168	32	.	.	PUNCT
cjel-11734	1169	1	298	298	X
cjel-11734	1169	2	.	.	PUNCT
cjel-11734	1169	3	see	see	VERB
cjel-11734	1169	4	generally	generally	ADV
cjel-11734	1169	5	david	david	PROPN
cjel-11734	1169	6	lopez	lopez	PROPN
cjel-11734	1169	7	et	et	PROPN
cjel-11734	1169	8	al	al	PROPN
cjel-11734	1169	9	.	.	PROPN
cjel-11734	1169	10	,	,	PUNCT
cjel-11734	1169	11	the	the	DET
cjel-11734	1169	12	materiality	materiality	NOUN
cjel-11734	1169	13	debate	debate	NOUN
cjel-11734	1169	14	and	and	CCONJ
cjel-11734	1169	15	esg	esg	PROPN
cjel-11734	1169	16	disclosure	disclosure	NOUN
cjel-11734	1169	17	:	:	PUNCT
cjel-11734	1169	18	investors	investor	NOUN
cjel-11734	1169	19	may	may	AUX
cjel-11734	1169	20	have	have	VERB
cjel-11734	1169	21	the	the	DET
cjel-11734	1169	22	last	last	ADJ
cjel-11734	1169	23	word	word	NOUN
cjel-11734	1169	24	,	,	PUNCT
cjel-11734	1169	25	cleary	cleary	PROPN
cjel-11734	1169	26	gottlieb	gottlieb	PROPN
cjel-11734	1169	27	(	(	PUNCT
cjel-11734	1169	28	jan	jan	PROPN
cjel-11734	1169	29	.	.	PROPN
cjel-11734	1169	30	11	11	NUM
cjel-11734	1169	31	,	,	PUNCT
cjel-11734	1169	32	2022	2022	NUM
cjel-11734	1169	33	)	)	PUNCT
cjel-11734	1169	34	,	,	PUNCT
cjel-11734	1169	35	https://www.clearygottlieb.com/news-and-insights/publication-listing/materiality-and-esg	https://www.clearygottlieb.com/news-and-insights/publication-listing/materiality-and-esg	PROPN
cjel-11734	1170	1	[	[	X
cjel-11734	1170	2	https://perma.cc/ny84-xzwd	https://perma.cc/ny84-xzwd	X
cjel-11734	1170	3	]	]	X
cjel-11734	1170	4	;	;	PUNCT
cjel-11734	1170	5	see	see	VERB
cjel-11734	1170	6	also	also	ADV
cjel-11734	1170	7	dan	dan	PROPN
cjel-11734	1170	8	papscun	papscun	PROPN
cjel-11734	1170	9	,	,	PUNCT
cjel-11734	1170	10	sec	sec	PROPN
cjel-11734	1170	11	’s	’s	PART
cjel-11734	1170	12	climate	climate	NOUN
cjel-11734	1170	13	proposal	proposal	NOUN
cjel-11734	1170	14	tees	tee	VERB
cjel-11734	1170	15	up	up	ADP
cjel-11734	1170	16	test	test	NOUN
cjel-11734	1170	17	of	of	ADP
cjel-11734	1170	18	‘	'	PUNCT
cjel-11734	1170	19	material	material	ADJ
cjel-11734	1170	20	’	'	PUNCT
cjel-11734	1170	21	info	info	NOUN
cjel-11734	1170	22	standard	standard	NOUN
cjel-11734	1170	23	,	,	PUNCT
cjel-11734	1170	24	bloomberg	bloomberg	PROPN
cjel-11734	1170	25	l.	l.	PROPN
cjel-11734	1170	26	(	(	PUNCT
cjel-11734	1170	27	mar	mar	PROPN
cjel-11734	1170	28	.	.	PROPN
cjel-11734	1170	29	23	23	NUM
cjel-11734	1170	30	,	,	PUNCT
cjel-11734	1170	31	2022	2022	NUM
cjel-11734	1170	32	)	)	PUNCT
cjel-11734	1170	33	,	,	PUNCT
cjel-11734	1170	34	https://news.bloomberglaw.com/esg/secs-climate-proposal-tees-up-test-of-material-infostandard	https://news.bloomberglaw.com/esg/secs-climate-proposal-tees-up-test-of-material-infostandard	ADV
cjel-11734	1171	1	[	[	X
cjel-11734	1171	2	https://perma.cc/taz5-n4ym	https://perma.cc/taz5-n4ym	X
cjel-11734	1171	3	]	]	X
cjel-11734	1171	4	(	(	PUNCT
cjel-11734	1171	5	providing	provide	VERB
cjel-11734	1171	6	context	context	NOUN
cjel-11734	1171	7	on	on	ADP
cjel-11734	1171	8	how	how	SCONJ
cjel-11734	1171	9	the	the	DET
cjel-11734	1171	10	sec	sec	PROPN
cjel-11734	1171	11	’s	’s	PART
cjel-11734	1171	12	firm	firm	ADJ
cjel-11734	1171	13	-	-	PUNCT
cjel-11734	1171	14	specific	specific	ADJ
cjel-11734	1171	15	climate	climate	NOUN
cjel-11734	1171	16	disclosures	disclosure	NOUN
cjel-11734	1171	17	are	be	AUX
cjel-11734	1171	18	fueling	fuel	VERB
cjel-11734	1171	19	the	the	DET
cjel-11734	1171	20	materiality	materiality	NOUN
cjel-11734	1171	21	debate	debate	NOUN
cjel-11734	1171	22	)	)	PUNCT
cjel-11734	1171	23	.	.	PUNCT
cjel-11734	1172	1	299	299	NUM
cjel-11734	1172	2	.	.	X
cjel-11734	1172	3	peirce	peirce	PROPN
cjel-11734	1172	4	,	,	PUNCT
cjel-11734	1172	5	supra	supra	PROPN
cjel-11734	1172	6	note	note	PROPN
cjel-11734	1172	7	239	239	NUM
cjel-11734	1172	8	.	.	PUNCT
cjel-11734	1172	9	300	300	NUM
cjel-11734	1172	10	.	.	PUNCT
cjel-11734	1173	1	esg	esg	PROPN
cjel-11734	1173	2	subcomm	subcomm	NOUN
cjel-11734	1173	3	.	.	PUNCT
cjel-11734	1174	1	,	,	PUNCT
cjel-11734	1174	2	supra	supra	PROPN
cjel-11734	1174	3	note	note	PROPN
cjel-11734	1174	4	240	240	NUM
cjel-11734	1174	5	,	,	PUNCT
cjel-11734	1174	6	at	at	ADP
cjel-11734	1174	7	4	4	NUM
cjel-11734	1174	8	.	.	NOUN
cjel-11734	1174	9	2023	2023	NUM
cjel-11734	1174	10	]	]	PUNCT
cjel-11734	1174	11	green	green	ADJ
cjel-11734	1174	12	funds	fund	NOUN
cjel-11734	1174	13	in	in	ADP
cjel-11734	1174	14	a	a	DET
cjel-11734	1174	15	gray	gray	ADJ
cjel-11734	1174	16	area	area	NOUN
cjel-11734	1174	17	475	475	NUM
cjel-11734	1174	18	disclosures	disclosure	NOUN
cjel-11734	1174	19	,	,	PUNCT
cjel-11734	1174	20	they	they	PRON
cjel-11734	1174	21	might	might	AUX
cjel-11734	1174	22	help	help	VERB
cjel-11734	1174	23	funds	fund	NOUN
cjel-11734	1174	24	attract	attract	VERB
cjel-11734	1174	25	new	new	ADJ
cjel-11734	1174	26	inflows	inflow	NOUN
cjel-11734	1174	27	:	:	PUNCT
cjel-11734	1174	28	57	57	NUM
cjel-11734	1174	29	%	%	NOUN
cjel-11734	1174	30	of	of	ADP
cjel-11734	1174	31	investors	investor	NOUN
cjel-11734	1174	32	surveyed	survey	VERB
cjel-11734	1174	33	stated	state	VERB
cjel-11734	1174	34	that	that	SCONJ
cjel-11734	1174	35	a	a	DET
cjel-11734	1174	36	lack	lack	NOUN
cjel-11734	1174	37	of	of	ADP
cjel-11734	1174	38	information	information	NOUN
cjel-11734	1174	39	and	and	CCONJ
cjel-11734	1174	40	understanding	understanding	NOUN
cjel-11734	1174	41	of	of	ADP
cjel-11734	1174	42	sustainable	sustainable	ADJ
cjel-11734	1174	43	investments	investment	NOUN
cjel-11734	1174	44	prevented	prevent	VERB
cjel-11734	1174	45	them	they	PRON
cjel-11734	1174	46	from	from	ADP
cjel-11734	1174	47	investing	invest	VERB
cjel-11734	1174	48	in	in	ADP
cjel-11734	1174	49	the	the	DET
cjel-11734	1174	50	sector	sector	NOUN
cjel-11734	1174	51	in	in	ADP
cjel-11734	1174	52	the	the	DET
cjel-11734	1174	53	past,301	past,301	PROPN
cjel-11734	1174	54	so	so	ADV
cjel-11734	1174	55	clarifying	clarify	VERB
cjel-11734	1174	56	such	such	ADJ
cjel-11734	1174	57	issues	issue	NOUN
cjel-11734	1174	58	might	might	AUX
cjel-11734	1174	59	lead	lead	VERB
cjel-11734	1174	60	to	to	ADP
cjel-11734	1174	61	new	new	ADJ
cjel-11734	1174	62	dollars	dollar	NOUN
cjel-11734	1174	63	entering	enter	VERB
cjel-11734	1174	64	esg	esg	NOUN
cjel-11734	1174	65	funds	fund	NOUN
cjel-11734	1174	66	.	.	PUNCT
cjel-11734	1175	1	in	in	ADP
cjel-11734	1175	2	turn	turn	NOUN
cjel-11734	1175	3	,	,	PUNCT
cjel-11734	1175	4	as	as	SCONJ
cjel-11734	1175	5	it	it	PRON
cjel-11734	1175	6	becomes	become	VERB
cjel-11734	1175	7	easier	easy	ADJ
cjel-11734	1175	8	for	for	SCONJ
cjel-11734	1175	9	investors	investor	NOUN
cjel-11734	1175	10	to	to	PART
cjel-11734	1175	11	identify	identify	VERB
cjel-11734	1175	12	which	which	DET
cjel-11734	1175	13	funds	fund	NOUN
cjel-11734	1175	14	align	align	VERB
cjel-11734	1175	15	with	with	ADP
cjel-11734	1175	16	their	their	PRON
cjel-11734	1175	17	esg	esg	NOUN
cjel-11734	1175	18	investing	investing	NOUN
cjel-11734	1175	19	objectives	objective	NOUN
cjel-11734	1175	20	,	,	PUNCT
cjel-11734	1175	21	fund	fund	NOUN
cjel-11734	1175	22	managers	manager	NOUN
cjel-11734	1175	23	may	may	AUX
cjel-11734	1175	24	earn	earn	VERB
cjel-11734	1175	25	back	back	ADV
cjel-11734	1175	26	part	part	NOUN
cjel-11734	1175	27	of	of	ADP
cjel-11734	1175	28	the	the	DET
cjel-11734	1175	29	compliance	compliance	NOUN
cjel-11734	1175	30	costs	cost	NOUN
cjel-11734	1175	31	.	.	PUNCT
cjel-11734	1176	1	another	another	DET
cjel-11734	1176	2	objection	objection	NOUN
cjel-11734	1176	3	made	make	VERB
cjel-11734	1176	4	in	in	ADP
cjel-11734	1176	5	response	response	NOUN
cjel-11734	1176	6	to	to	ADP
cjel-11734	1176	7	proposals	proposal	NOUN
cjel-11734	1176	8	to	to	PART
cjel-11734	1176	9	simplify	simplify	VERB
cjel-11734	1176	10	disclosures	disclosure	NOUN
cjel-11734	1176	11	is	be	AUX
cjel-11734	1176	12	that	that	SCONJ
cjel-11734	1176	13	it	it	PRON
cjel-11734	1176	14	is	be	AUX
cjel-11734	1176	15	a	a	DET
cjel-11734	1176	16	quixotic	quixotic	ADJ
cjel-11734	1176	17	task	task	NOUN
cjel-11734	1176	18	.	.	PUNCT
cjel-11734	1177	1	not	not	PART
cjel-11734	1177	2	only	only	ADV
cjel-11734	1177	3	do	do	AUX
cjel-11734	1177	4	retail	retail	ADJ
cjel-11734	1177	5	investors	investor	NOUN
cjel-11734	1177	6	rarely	rarely	ADV
cjel-11734	1177	7	read	read	VERB
cjel-11734	1177	8	such	such	ADJ
cjel-11734	1177	9	materials,302	materials,302	PROPN
cjel-11734	1177	10	but	but	CCONJ
cjel-11734	1177	11	the	the	DET
cjel-11734	1177	12	complex	complex	ADJ
cjel-11734	1177	13	information	information	NOUN
cjel-11734	1177	14	included	include	VERB
cjel-11734	1177	15	in	in	ADP
cjel-11734	1177	16	the	the	DET
cjel-11734	1177	17	disclosures	disclosure	NOUN
cjel-11734	1177	18	of	of	ADP
cjel-11734	1177	19	financial	financial	ADJ
cjel-11734	1177	20	products	product	NOUN
cjel-11734	1177	21	like	like	ADP
cjel-11734	1177	22	esg	esg	NOUN
cjel-11734	1177	23	funds	fund	NOUN
cjel-11734	1177	24	can	can	AUX
cjel-11734	1177	25	not	not	PART
cjel-11734	1177	26	be	be	AUX
cjel-11734	1177	27	made	make	VERB
cjel-11734	1177	28	simple	simple	ADJ
cjel-11734	1177	29	enough	enough	ADV
cjel-11734	1177	30	that	that	SCONJ
cjel-11734	1177	31	those	those	PRON
cjel-11734	1177	32	with	with	ADP
cjel-11734	1177	33	financial	financial	ADJ
cjel-11734	1177	34	literacy	literacy	NOUN
cjel-11734	1177	35	problems	problem	NOUN
cjel-11734	1177	36	would	would	AUX
cjel-11734	1177	37	be	be	AUX
cjel-11734	1177	38	able	able	ADJ
cjel-11734	1177	39	to	to	PART
cjel-11734	1177	40	understand	understand	VERB
cjel-11734	1177	41	them.303	them.303	PROPN
cjel-11734	1177	42	if	if	SCONJ
cjel-11734	1177	43	a	a	DET
cjel-11734	1177	44	disclosure	disclosure	NOUN
cjel-11734	1177	45	framework	framework	NOUN
cjel-11734	1177	46	were	be	AUX
cjel-11734	1177	47	to	to	PART
cjel-11734	1177	48	break	break	VERB
cjel-11734	1177	49	down	down	ADP
cjel-11734	1177	50	the	the	DET
cjel-11734	1177	51	complexities	complexity	NOUN
cjel-11734	1177	52	into	into	ADP
cjel-11734	1177	53	simpler	simple	ADJ
cjel-11734	1177	54	terms	term	NOUN
cjel-11734	1177	55	,	,	PUNCT
cjel-11734	1177	56	they	they	PRON
cjel-11734	1177	57	argue	argue	VERB
cjel-11734	1177	58	,	,	PUNCT
cjel-11734	1177	59	then	then	ADV
cjel-11734	1177	60	disclosures	disclosure	NOUN
cjel-11734	1177	61	will	will	AUX
cjel-11734	1177	62	become	become	VERB
cjel-11734	1177	63	even	even	ADV
cjel-11734	1177	64	more	more	ADV
cjel-11734	1177	65	cumbersome	cumbersome	ADJ
cjel-11734	1177	66	than	than	SCONJ
cjel-11734	1177	67	they	they	PRON
cjel-11734	1177	68	already	already	ADV
cjel-11734	1177	69	are.304	are.304	VERB
cjel-11734	1177	70	opponents	opponent	NOUN
cjel-11734	1177	71	of	of	ADP
cjel-11734	1177	72	efforts	effort	NOUN
cjel-11734	1177	73	to	to	PART
cjel-11734	1177	74	simplify	simplify	VERB
cjel-11734	1177	75	disclosures	disclosure	NOUN
cjel-11734	1177	76	are	be	AUX
cjel-11734	1177	77	correct	correct	ADJ
cjel-11734	1177	78	that	that	SCONJ
cjel-11734	1177	79	breaking	break	VERB
cjel-11734	1177	80	them	they	PRON
cjel-11734	1177	81	down	down	ADP
cjel-11734	1177	82	to	to	ADP
cjel-11734	1177	83	the	the	DET
cjel-11734	1177	84	point	point	NOUN
cjel-11734	1177	85	where	where	SCONJ
cjel-11734	1177	86	every	every	DET
cjel-11734	1177	87	concept	concept	NOUN
cjel-11734	1177	88	is	be	AUX
cjel-11734	1177	89	explained	explain	VERB
cjel-11734	1177	90	in	in	ADP
cjel-11734	1177	91	the	the	DET
cjel-11734	1177	92	simplest	simple	ADJ
cjel-11734	1177	93	terms	term	NOUN
cjel-11734	1177	94	possible	possible	ADJ
cjel-11734	1177	95	would	would	AUX
cjel-11734	1177	96	make	make	VERB
cjel-11734	1177	97	disclosures	disclosure	NOUN
cjel-11734	1177	98	prohibitively	prohibitively	ADV
cjel-11734	1177	99	long	long	ADV
cjel-11734	1177	100	and	and	CCONJ
cjel-11734	1177	101	unwieldly	unwieldly	ADV
cjel-11734	1177	102	.	.	PUNCT
cjel-11734	1178	1	however	however	ADV
cjel-11734	1178	2	,	,	PUNCT
cjel-11734	1178	3	there	there	PRON
cjel-11734	1178	4	is	be	VERB
cjel-11734	1178	5	significant	significant	ADJ
cjel-11734	1178	6	room	room	NOUN
cjel-11734	1178	7	to	to	PART
cjel-11734	1178	8	improve	improve	VERB
cjel-11734	1178	9	and	and	CCONJ
cjel-11734	1178	10	simplify	simplify	VERB
cjel-11734	1178	11	disclosures	disclosure	NOUN
cjel-11734	1178	12	before	before	SCONJ
cjel-11734	1178	13	they	they	PRON
cjel-11734	1178	14	become	become	VERB
cjel-11734	1178	15	over	over	ADV
cjel-11734	1178	16	-	-	PUNCT
cjel-11734	1178	17	simplified	simplified	ADJ
cjel-11734	1178	18	.	.	PUNCT
cjel-11734	1179	1	as	as	ADP
cjel-11734	1179	2	these	these	DET
cjel-11734	1179	3	same	same	ADJ
cjel-11734	1179	4	critics	critic	NOUN
cjel-11734	1179	5	of	of	ADP
cjel-11734	1179	6	simplifying	simplify	VERB
cjel-11734	1179	7	disclosures	disclosure	NOUN
cjel-11734	1179	8	admit,305	admit,305	ADV
cjel-11734	1179	9	even	even	ADV
cjel-11734	1179	10	financially	financially	ADV
cjel-11734	1179	11	literate	literate	ADJ
cjel-11734	1179	12	and	and	CCONJ
cjel-11734	1179	13	numerate	numerate	ADJ
cjel-11734	1179	14	investors	investor	NOUN
cjel-11734	1179	15	often	often	ADV
cjel-11734	1179	16	struggle	struggle	VERB
cjel-11734	1179	17	to	to	PART
cjel-11734	1179	18	understand	understand	VERB
cjel-11734	1179	19	disclosures	disclosure	NOUN
cjel-11734	1179	20	.	.	PUNCT
cjel-11734	1180	1	seemingly	seemingly	ADV
cjel-11734	1180	2	,	,	PUNCT
cjel-11734	1180	3	there	there	PRON
cjel-11734	1180	4	are	be	VERB
cjel-11734	1180	5	changes	change	NOUN
cjel-11734	1180	6	that	that	PRON
cjel-11734	1180	7	can	can	AUX
cjel-11734	1180	8	be	be	AUX
cjel-11734	1180	9	made	make	VERB
cjel-11734	1180	10	to	to	PART
cjel-11734	1180	11	make	make	VERB
cjel-11734	1180	12	disclosures	disclosure	NOUN
cjel-11734	1180	13	more	more	ADV
cjel-11734	1180	14	accessible	accessible	ADJ
cjel-11734	1180	15	without	without	ADP
cjel-11734	1180	16	becoming	become	VERB
cjel-11734	1180	17	overly	overly	ADV
cjel-11734	1180	18	simplified	simplified	ADJ
cjel-11734	1180	19	to	to	ADP
cjel-11734	1180	20	the	the	DET
cjel-11734	1180	21	point	point	NOUN
cjel-11734	1180	22	of	of	ADP
cjel-11734	1180	23	concern.306	concern.306	NOUN
cjel-11734	1180	24	a	a	DET
cjel-11734	1180	25	final	final	ADJ
cjel-11734	1180	26	objection	objection	NOUN
cjel-11734	1180	27	to	to	ADP
cjel-11734	1180	28	additional	additional	ADJ
cjel-11734	1180	29	regulation	regulation	NOUN
cjel-11734	1180	30	is	be	AUX
cjel-11734	1180	31	that	that	SCONJ
cjel-11734	1180	32	there	there	PRON
cjel-11734	1180	33	is	be	VERB
cjel-11734	1180	34	only	only	ADV
cjel-11734	1180	35	so	so	ADV
cjel-11734	1180	36	much	much	ADJ
cjel-11734	1180	37	legwork	legwork	NOUN
cjel-11734	1180	38	that	that	SCONJ
cjel-11734	1180	39	regulation	regulation	NOUN
cjel-11734	1180	40	can	can	AUX
cjel-11734	1180	41	do	do	VERB
cjel-11734	1180	42	for	for	ADP
cjel-11734	1180	43	an	an	DET
cjel-11734	1180	44	investor	investor	NOUN
cjel-11734	1180	45	.	.	PUNCT
cjel-11734	1181	1	even	even	ADV
cjel-11734	1181	2	the	the	DET
cjel-11734	1181	3	sec	sec	PROPN
cjel-11734	1181	4	301	301	NUM
cjel-11734	1181	5	.	.	PUNCT
cjel-11734	1182	1	schroders	schroder	NOUN
cjel-11734	1182	2	,	,	PUNCT
cjel-11734	1182	3	global	global	ADJ
cjel-11734	1182	4	investor	investor	NOUN
cjel-11734	1182	5	study	study	NOUN
cjel-11734	1182	6	:	:	PUNCT
cjel-11734	1182	7	is	be	AUX
cjel-11734	1182	8	information	information	NOUN
cjel-11734	1182	9	the	the	DET
cjel-11734	1182	10	key	key	NOUN
cjel-11734	1182	11	to	to	ADP
cjel-11734	1182	12	increasing	increase	VERB
cjel-11734	1182	13	sustainable	sustainable	ADJ
cjel-11734	1182	14	investments	investment	NOUN
cjel-11734	1182	15	?	?	PUNCT
cjel-11734	1183	1	5	5	NUM
cjel-11734	1183	2	(	(	PUNCT
cjel-11734	1183	3	2019	2019	NUM
cjel-11734	1183	4	)	)	PUNCT
cjel-11734	1183	5	.	.	PUNCT
cjel-11734	1184	1	302	302	NUM
cjel-11734	1184	2	.	.	PUNCT
cjel-11734	1185	1	see	see	VERB
cjel-11734	1185	2	,	,	PUNCT
cjel-11734	1185	3	e.g.	e.g.	ADV
cjel-11734	1185	4	,	,	PUNCT
cjel-11734	1185	5	inv	inv	ADJ
cjel-11734	1185	6	.	.	PUNCT
cjel-11734	1185	7	co.	co.	PROPN
cjel-11734	1185	8	inst	inst	PROPN
cjel-11734	1185	9	.	.	PROPN
cjel-11734	1185	10	,	,	PUNCT
cjel-11734	1185	11	understanding	understand	VERB
cjel-11734	1185	12	investor	investor	NOUN
cjel-11734	1185	13	preferences	preference	NOUN
cjel-11734	1185	14	for	for	ADP
cjel-11734	1185	15	mutual	mutual	ADJ
cjel-11734	1185	16	fund	fund	NOUN
cjel-11734	1185	17	information	information	NOUN
cjel-11734	1185	18	12	12	NUM
cjel-11734	1185	19	(	(	PUNCT
cjel-11734	1185	20	2006	2006	NUM
cjel-11734	1185	21	)	)	PUNCT
cjel-11734	1185	22	(	(	PUNCT
cjel-11734	1185	23	reporting	report	VERB
cjel-11734	1185	24	only	only	ADV
cjel-11734	1185	25	30	30	NUM
cjel-11734	1185	26	%	%	NOUN
cjel-11734	1185	27	of	of	ADP
cjel-11734	1185	28	surveyed	survey	VERB
cjel-11734	1185	29	mutual	mutual	ADJ
cjel-11734	1185	30	fund	fund	NOUN
cjel-11734	1185	31	investors	investor	NOUN
cjel-11734	1185	32	consulted	consult	VERB
cjel-11734	1185	33	shareholder	shareholder	NOUN
cjel-11734	1185	34	reports	report	NOUN
cjel-11734	1185	35	before	before	ADP
cjel-11734	1185	36	making	make	VERB
cjel-11734	1185	37	their	their	PRON
cjel-11734	1185	38	most	most	ADV
cjel-11734	1185	39	recent	recent	ADJ
cjel-11734	1185	40	purchase	purchase	NOUN
cjel-11734	1185	41	,	,	PUNCT
cjel-11734	1185	42	and	and	CCONJ
cjel-11734	1185	43	only	only	ADV
cjel-11734	1185	44	34	34	NUM
cjel-11734	1185	45	%	%	NOUN
cjel-11734	1185	46	read	read	VERB
cjel-11734	1185	47	the	the	DET
cjel-11734	1185	48	fund	fund	NOUN
cjel-11734	1185	49	’s	’s	PART
cjel-11734	1185	50	prospectus	prospectus	NOUN
cjel-11734	1185	51	)	)	PUNCT
cjel-11734	1185	52	;	;	PUNCT
cjel-11734	1185	53	see	see	VERB
cjel-11734	1185	54	also	also	ADV
cjel-11734	1185	55	abt	abt	INTJ
cjel-11734	1185	56	srbi	srbi	PROPN
cjel-11734	1185	57	,	,	PUNCT
cjel-11734	1185	58	mandatory	mandatory	ADJ
cjel-11734	1185	59	disclosure	disclosure	NOUN
cjel-11734	1185	60	documents	document	NOUN
cjel-11734	1185	61	telephone	telephone	NOUN
cjel-11734	1185	62	survey	survey	NOUN
cjel-11734	1185	63	56	56	NUM
cjel-11734	1185	64	(	(	PUNCT
cjel-11734	1185	65	july	july	PROPN
cjel-11734	1185	66	30	30	NUM
cjel-11734	1185	67	,	,	PUNCT
cjel-11734	1185	68	2008	2008	NUM
cjel-11734	1185	69	)	)	PUNCT
cjel-11734	1185	70	(	(	PUNCT
cjel-11734	1185	71	finding	find	VERB
cjel-11734	1185	72	that	that	SCONJ
cjel-11734	1185	73	nearly	nearly	ADV
cjel-11734	1185	74	two	two	NUM
cjel-11734	1185	75	-	-	PUNCT
cjel-11734	1185	76	thirds	third	NOUN
cjel-11734	1185	77	of	of	ADP
cjel-11734	1185	78	respondents	respondent	NOUN
cjel-11734	1185	79	who	who	PRON
cjel-11734	1185	80	said	say	VERB
cjel-11734	1185	81	that	that	SCONJ
cjel-11734	1185	82	they	they	PRON
cjel-11734	1185	83	received	receive	VERB
cjel-11734	1185	84	mutual	mutual	ADJ
cjel-11734	1185	85	fund	fund	NOUN
cjel-11734	1185	86	prospectuses	prospectus	NOUN
cjel-11734	1185	87	“	"	PUNCT
cjel-11734	1185	88	rarely	rarely	ADV
cjel-11734	1185	89	,	,	PUNCT
cjel-11734	1185	90	”	"	PUNCT
cjel-11734	1185	91	“	"	PUNCT
cjel-11734	1185	92	very	very	ADV
cjel-11734	1185	93	rarely	rarely	ADV
cjel-11734	1185	94	,	,	PUNCT
cjel-11734	1185	95	”	"	PUNCT
cjel-11734	1185	96	or	or	CCONJ
cjel-11734	1185	97	“	"	PUNCT
cjel-11734	1185	98	never	never	ADV
cjel-11734	1185	99	”	"	PUNCT
cjel-11734	1185	100	read	read	VERB
cjel-11734	1185	101	them	they	PRON
cjel-11734	1185	102	)	)	PUNCT
cjel-11734	1185	103	.	.	PUNCT
cjel-11734	1186	1	303	303	NUM
cjel-11734	1186	2	.	.	PUNCT
cjel-11734	1187	1	schneider	schneider	PROPN
cjel-11734	1187	2	&	&	CCONJ
cjel-11734	1187	3	ben	ben	PROPN
cjel-11734	1187	4	-	-	PROPN
cjel-11734	1187	5	shahar	shahar	PROPN
cjel-11734	1187	6	,	,	PUNCT
cjel-11734	1187	7	supra	supra	PROPN
cjel-11734	1187	8	note	note	PROPN
cjel-11734	1187	9	273	273	NUM
cjel-11734	1187	10	,	,	PUNCT
cjel-11734	1187	11	at	at	ADP
cjel-11734	1187	12	92	92	NUM
cjel-11734	1187	13	.	.	PUNCT
cjel-11734	1188	1	“	"	PUNCT
cjel-11734	1188	2	[	[	X
cjel-11734	1188	3	s]implifying	s]implifye	VERB
cjel-11734	1188	4	fails	fail	VERB
cjel-11734	1188	5	because	because	SCONJ
cjel-11734	1188	6	the	the	DET
cjel-11734	1188	7	complex	complex	NOUN
cjel-11734	1188	8	is	be	AUX
cjel-11734	1188	9	n’t	not	PART
cjel-11734	1188	10	simple	simple	ADJ
cjel-11734	1188	11	and	and	CCONJ
cjel-11734	1188	12	ca	can	AUX
cjel-11734	1188	13	n’t	not	PART
cjel-11734	1188	14	easily	easily	ADV
cjel-11734	1188	15	be	be	AUX
cjel-11734	1188	16	made	make	VERB
cjel-11734	1188	17	so	so	ADV
cjel-11734	1188	18	.	.	PUNCT
cjel-11734	1188	19	”	"	PUNCT
cjel-11734	1189	1	i	i	PRON
cjel-11734	1189	2	d.	d.	VERB
cjel-11734	1189	3	at	at	ADP
cjel-11734	1189	4	123	123	NUM
cjel-11734	1189	5	.	.	PUNCT
cjel-11734	1190	1	304	304	NUM
cjel-11734	1190	2	.	.	PUNCT
cjel-11734	1191	1	“	"	PUNCT
cjel-11734	1191	2	[	[	X
cjel-11734	1191	3	s]horter	s]hort	ADJ
cjel-11734	1191	4	words	word	NOUN
cjel-11734	1191	5	means	mean	VERB
cjel-11734	1191	6	more	more	ADJ
cjel-11734	1191	7	words	word	NOUN
cjel-11734	1191	8	.	.	PUNCT
cjel-11734	1192	1	many	many	ADJ
cjel-11734	1192	2	words	word	NOUN
cjel-11734	1192	3	make	make	VERB
cjel-11734	1192	4	forms	form	NOUN
cjel-11734	1192	5	repellently	repellently	ADV
cjel-11734	1192	6	long	long	ADV
cjel-11734	1192	7	and	and	CCONJ
cjel-11734	1192	8	cognitively	cognitively	ADV
cjel-11734	1192	9	overwhelming	overwhelming	ADJ
cjel-11734	1192	10	.	.	PUNCT
cjel-11734	1192	11	”	"	PUNCT
cjel-11734	1193	1	i	i	PRON
cjel-11734	1193	2	d.	d.	VERB
cjel-11734	1193	3	at	at	ADP
cjel-11734	1193	4	127	127	NUM
cjel-11734	1193	5	.	.	PUNCT
cjel-11734	1194	1	305	305	NUM
cjel-11734	1194	2	.	.	PUNCT
cjel-11734	1195	1	i	i	PRON
cjel-11734	1195	2	d.	d.	PROPN
cjel-11734	1195	3	at	at	ADP
cjel-11734	1195	4	86	86	NUM
cjel-11734	1195	5	.	.	PUNCT
cjel-11734	1196	1	306	306	NUM
cjel-11734	1196	2	.	.	PUNCT
cjel-11734	1197	1	for	for	ADP
cjel-11734	1197	2	instance	instance	NOUN
cjel-11734	1197	3	,	,	PUNCT
cjel-11734	1197	4	the	the	DET
cjel-11734	1197	5	esg	esg	PROPN
cjel-11734	1197	6	strategy	strategy	NOUN
cjel-11734	1197	7	overview	overview	NOUN
cjel-11734	1197	8	table	table	NOUN
cjel-11734	1197	9	in	in	ADP
cjel-11734	1197	10	the	the	DET
cjel-11734	1197	11	sec	sec	PROPN
cjel-11734	1197	12	’s	’s	PART
cjel-11734	1197	13	proposed	propose	VERB
cjel-11734	1197	14	esg	esg	PROPN
cjel-11734	1197	15	fund	fund	NOUN
cjel-11734	1197	16	rule	rule	NOUN
cjel-11734	1197	17	provides	provide	VERB
cjel-11734	1197	18	investors	investor	NOUN
cjel-11734	1197	19	with	with	ADP
cjel-11734	1197	20	a	a	DET
cjel-11734	1197	21	concise	concise	ADJ
cjel-11734	1197	22	yet	yet	CCONJ
cjel-11734	1197	23	informative	informative	ADJ
cjel-11734	1197	24	source	source	NOUN
cjel-11734	1197	25	for	for	ADP
cjel-11734	1197	26	key	key	ADJ
cjel-11734	1197	27	details	detail	NOUN
cjel-11734	1197	28	about	about	ADP
cjel-11734	1197	29	a	a	DET
cjel-11734	1197	30	fund	fund	NOUN
cjel-11734	1197	31	.	.	PUNCT
cjel-11734	1198	1	see	see	VERB
cjel-11734	1198	2	supra	supra	PROPN
cjel-11734	1198	3	note	note	PROPN
cjel-11734	1198	4	223	223	NUM
cjel-11734	1198	5	.	.	PUNCT
cjel-11734	1199	1	476	476	NUM
cjel-11734	1199	2	columbia	columbia	PROPN
cjel-11734	1199	3	journal	journal	PROPN
cjel-11734	1199	4	of	of	ADP
cjel-11734	1199	5	environmental	environmental	ADJ
cjel-11734	1199	6	law	law	NOUN
cjel-11734	1200	1	[	[	X
cjel-11734	1200	2	vol.48:2	vol.48:2	NOUN
cjel-11734	1200	3	staff	staff	NOUN
cjel-11734	1200	4	recognizes	recognize	VERB
cjel-11734	1200	5	the	the	DET
cjel-11734	1200	6	limits	limit	NOUN
cjel-11734	1200	7	of	of	ADP
cjel-11734	1200	8	regulation	regulation	NOUN
cjel-11734	1200	9	,	,	PUNCT
cjel-11734	1200	10	acknowledging	acknowledge	VERB
cjel-11734	1200	11	that	that	SCONJ
cjel-11734	1200	12	at	at	ADP
cjel-11734	1200	13	some	some	DET
cjel-11734	1200	14	point	point	NOUN
cjel-11734	1200	15	retail	retail	ADJ
cjel-11734	1200	16	investors	investor	NOUN
cjel-11734	1200	17	need	need	VERB
cjel-11734	1200	18	to	to	PART
cjel-11734	1200	19	fend	fend	VERB
cjel-11734	1200	20	for	for	ADP
cjel-11734	1200	21	themselves.307	themselves.307	NOUN
cjel-11734	1200	22	the	the	DET
cjel-11734	1200	23	sec	sec	PROPN
cjel-11734	1200	24	is	be	AUX
cjel-11734	1200	25	correct	correct	ADJ
cjel-11734	1200	26	that	that	SCONJ
cjel-11734	1200	27	ultimately	ultimately	ADV
cjel-11734	1200	28	the	the	DET
cjel-11734	1200	29	responsibility	responsibility	NOUN
cjel-11734	1200	30	lies	lie	VERB
cjel-11734	1200	31	in	in	ADP
cjel-11734	1200	32	the	the	DET
cjel-11734	1200	33	investor	investor	NOUN
cjel-11734	1200	34	’s	’s	PART
cjel-11734	1200	35	hands	hand	NOUN
cjel-11734	1200	36	;	;	PUNCT
cjel-11734	1200	37	however	however	ADV
cjel-11734	1200	38	,	,	PUNCT
cjel-11734	1200	39	that	that	PRON
cjel-11734	1200	40	does	do	AUX
cjel-11734	1200	41	not	not	PART
cjel-11734	1200	42	mean	mean	VERB
cjel-11734	1200	43	regulation	regulation	NOUN
cjel-11734	1200	44	can	can	AUX
cjel-11734	1200	45	not	not	PART
cjel-11734	1200	46	make	make	VERB
cjel-11734	1200	47	it	it	PRON
cjel-11734	1200	48	easier	easy	ADJ
cjel-11734	1200	49	for	for	SCONJ
cjel-11734	1200	50	investors	investor	NOUN
cjel-11734	1200	51	to	to	PART
cjel-11734	1200	52	research	research	VERB
cjel-11734	1200	53	and	and	CCONJ
cjel-11734	1200	54	identify	identify	VERB
cjel-11734	1200	55	funds	fund	NOUN
cjel-11734	1200	56	that	that	PRON
cjel-11734	1200	57	best	good	ADJ
cjel-11734	1200	58	match	match	VERB
cjel-11734	1200	59	their	their	PRON
cjel-11734	1200	60	objectives	objective	NOUN
cjel-11734	1200	61	.	.	PUNCT
cjel-11734	1201	1	given	give	VERB
cjel-11734	1201	2	the	the	DET
cjel-11734	1201	3	industry	industry	NOUN
cjel-11734	1201	4	’s	’s	PART
cjel-11734	1201	5	lack	lack	NOUN
cjel-11734	1201	6	of	of	ADP
cjel-11734	1201	7	standardized	standardized	ADJ
cjel-11734	1201	8	terms	term	NOUN
cjel-11734	1201	9	and	and	CCONJ
cjel-11734	1201	10	definitions	definition	NOUN
cjel-11734	1201	11	of	of	ADP
cjel-11734	1201	12	fundamental	fundamental	ADJ
cjel-11734	1201	13	esg	esg	PROPN
cjel-11734	1201	14	concepts	concept	NOUN
cjel-11734	1201	15	,	,	PUNCT
cjel-11734	1201	16	additional	additional	ADJ
cjel-11734	1201	17	regulation	regulation	NOUN
cjel-11734	1201	18	can	can	AUX
cjel-11734	1201	19	be	be	AUX
cjel-11734	1201	20	worthwhile	worthwhile	ADJ
cjel-11734	1201	21	without	without	ADP
cjel-11734	1201	22	being	be	AUX
cjel-11734	1201	23	overboard	overboard	ADV
cjel-11734	1201	24	.	.	PUNCT
cjel-11734	1202	1	v.	v.	ADP
cjel-11734	1202	2	conclusion	conclusion	NOUN
cjel-11734	1202	3	this	this	DET
cjel-11734	1202	4	note	note	NOUN
cjel-11734	1202	5	has	have	AUX
cjel-11734	1202	6	shown	show	VERB
cjel-11734	1202	7	that	that	SCONJ
cjel-11734	1202	8	regulation	regulation	NOUN
cjel-11734	1202	9	has	have	AUX
cjel-11734	1202	10	become	become	VERB
cjel-11734	1202	11	necessary	necessary	ADJ
cjel-11734	1202	12	to	to	PART
cjel-11734	1202	13	fix	fix	VERB
cjel-11734	1202	14	the	the	DET
cjel-11734	1202	15	esg	esg	PROPN
cjel-11734	1202	16	fund	fund	NOUN
cjel-11734	1202	17	labeling	labeling	NOUN
cjel-11734	1202	18	problem	problem	NOUN
cjel-11734	1202	19	.	.	PUNCT
cjel-11734	1203	1	the	the	DET
cjel-11734	1203	2	need	need	NOUN
cjel-11734	1203	3	for	for	ADP
cjel-11734	1203	4	regulation	regulation	NOUN
cjel-11734	1203	5	is	be	AUX
cjel-11734	1203	6	particularly	particularly	ADV
cjel-11734	1203	7	strong	strong	ADJ
cjel-11734	1203	8	because	because	SCONJ
cjel-11734	1203	9	esg	esg	NOUN
cjel-11734	1203	10	funds	fund	NOUN
cjel-11734	1203	11	are	be	AUX
cjel-11734	1203	12	a	a	DET
cjel-11734	1203	13	popular	popular	ADJ
cjel-11734	1203	14	investment	investment	NOUN
cjel-11734	1203	15	option	option	NOUN
cjel-11734	1203	16	amongst	amongst	ADP
cjel-11734	1203	17	retail	retail	ADJ
cjel-11734	1203	18	investors	investor	NOUN
cjel-11734	1203	19	—	—	PUNCT
cjel-11734	1203	20	an	an	DET
cjel-11734	1203	21	investor	investor	NOUN
cjel-11734	1203	22	base	base	NOUN
cjel-11734	1203	23	that	that	PRON
cjel-11734	1203	24	generally	generally	ADV
cjel-11734	1203	25	struggles	struggle	VERB
cjel-11734	1203	26	to	to	PART
cjel-11734	1203	27	comprehend	comprehend	VERB
cjel-11734	1203	28	complex	complex	ADJ
cjel-11734	1203	29	financial	financial	ADJ
cjel-11734	1203	30	information	information	NOUN
cjel-11734	1203	31	.	.	PUNCT
cjel-11734	1204	1	specifically	specifically	ADV
cjel-11734	1204	2	,	,	PUNCT
cjel-11734	1204	3	esg	esg	PROPN
cjel-11734	1204	4	fund	fund	NOUN
cjel-11734	1204	5	names	name	NOUN
cjel-11734	1204	6	have	have	AUX
cjel-11734	1204	7	misled	mislead	VERB
cjel-11734	1204	8	investors	investor	NOUN
cjel-11734	1204	9	,	,	PUNCT
cjel-11734	1204	10	and	and	CCONJ
cjel-11734	1204	11	the	the	DET
cjel-11734	1204	12	funds	fund	NOUN
cjel-11734	1204	13	’	'	PUNCT
cjel-11734	1204	14	accompanying	accompany	VERB
cjel-11734	1204	15	disclosures	disclosure	NOUN
cjel-11734	1204	16	are	be	AUX
cjel-11734	1204	17	not	not	PART
cjel-11734	1204	18	adequately	adequately	ADV
cjel-11734	1204	19	explaining	explain	VERB
cjel-11734	1204	20	their	their	PRON
cjel-11734	1204	21	specific	specific	ADJ
cjel-11734	1204	22	esg	esg	NOUN
cjel-11734	1204	23	criteria	criterion	NOUN
cjel-11734	1204	24	in	in	ADP
cjel-11734	1204	25	ways	way	NOUN
cjel-11734	1204	26	retail	retail	ADJ
cjel-11734	1204	27	investors	investor	NOUN
cjel-11734	1204	28	can	can	AUX
cjel-11734	1204	29	understand	understand	VERB
cjel-11734	1204	30	.	.	PUNCT
cjel-11734	1205	1	therefore	therefore	ADV
cjel-11734	1205	2	,	,	PUNCT
cjel-11734	1205	3	regulation	regulation	NOUN
cjel-11734	1205	4	needs	need	VERB
cjel-11734	1205	5	to	to	PART
cjel-11734	1205	6	be	be	AUX
cjel-11734	1205	7	developed	develop	VERB
cjel-11734	1205	8	so	so	SCONJ
cjel-11734	1205	9	all	all	DET
cjel-11734	1205	10	investors	investor	NOUN
cjel-11734	1205	11	interested	interested	ADJ
cjel-11734	1205	12	in	in	ADP
cjel-11734	1205	13	esg	esg	NOUN
cjel-11734	1205	14	funds	fund	NOUN
cjel-11734	1205	15	can	can	AUX
cjel-11734	1205	16	more	more	ADV
cjel-11734	1205	17	easily	easily	ADV
cjel-11734	1205	18	identify	identify	VERB
cjel-11734	1205	19	which	which	DET
cjel-11734	1205	20	funds	fund	NOUN
cjel-11734	1205	21	align	align	VERB
cjel-11734	1205	22	best	well	ADV
cjel-11734	1205	23	with	with	ADP
cjel-11734	1205	24	their	their	PRON
cjel-11734	1205	25	personal	personal	ADJ
cjel-11734	1205	26	investing	investing	NOUN
cjel-11734	1205	27	objectives	objective	NOUN
cjel-11734	1205	28	.	.	PUNCT
cjel-11734	1206	1	in	in	ADP
cjel-11734	1206	2	many	many	ADJ
cjel-11734	1206	3	respects	respect	NOUN
cjel-11734	1206	4	,	,	PUNCT
cjel-11734	1206	5	the	the	DET
cjel-11734	1206	6	sec	sec	PROPN
cjel-11734	1206	7	’s	’s	PART
cjel-11734	1206	8	proposed	propose	VERB
cjel-11734	1206	9	rules	rule	NOUN
cjel-11734	1206	10	achieve	achieve	VERB
cjel-11734	1206	11	these	these	DET
cjel-11734	1206	12	objectives	objective	NOUN
cjel-11734	1206	13	and	and	CCONJ
cjel-11734	1206	14	reduce	reduce	VERB
cjel-11734	1206	15	the	the	DET
cjel-11734	1206	16	esg	esg	PROPN
cjel-11734	1206	17	fund	fund	NOUN
cjel-11734	1206	18	labeling	labeling	NOUN
cjel-11734	1206	19	problem	problem	NOUN
cjel-11734	1206	20	;	;	PUNCT
cjel-11734	1206	21	but	but	CCONJ
cjel-11734	1206	22	they	they	PRON
cjel-11734	1206	23	also	also	ADV
cjel-11734	1206	24	fall	fall	VERB
cjel-11734	1206	25	short	short	ADJ
cjel-11734	1206	26	in	in	ADP
cjel-11734	1206	27	critical	critical	ADJ
cjel-11734	1206	28	areas	area	NOUN
cjel-11734	1206	29	,	,	PUNCT
cjel-11734	1206	30	meaning	mean	VERB
cjel-11734	1206	31	investors	investor	NOUN
cjel-11734	1206	32	may	may	AUX
cjel-11734	1206	33	still	still	ADV
cjel-11734	1206	34	struggle	struggle	VERB
cjel-11734	1206	35	to	to	PART
cjel-11734	1206	36	identify	identify	VERB
cjel-11734	1206	37	which	which	DET
cjel-11734	1206	38	funds	fund	NOUN
cjel-11734	1206	39	best	well	ADV
cjel-11734	1206	40	align	align	VERB
cjel-11734	1206	41	with	with	ADP
cjel-11734	1206	42	their	their	PRON
cjel-11734	1206	43	investing	investing	NOUN
cjel-11734	1206	44	objectives	objective	NOUN
cjel-11734	1206	45	.	.	PUNCT
cjel-11734	1207	1	this	this	DET
cjel-11734	1207	2	note	note	NOUN
cjel-11734	1207	3	therefore	therefore	ADV
cjel-11734	1207	4	argued	argue	VERB
cjel-11734	1207	5	that	that	SCONJ
cjel-11734	1207	6	the	the	DET
cjel-11734	1207	7	sec	sec	PROPN
cjel-11734	1207	8	should	should	AUX
cjel-11734	1207	9	modify	modify	VERB
cjel-11734	1207	10	its	its	PRON
cjel-11734	1207	11	proposed	propose	VERB
cjel-11734	1207	12	regulations	regulation	NOUN
cjel-11734	1207	13	to	to	PART
cjel-11734	1207	14	not	not	PART
cjel-11734	1207	15	only	only	ADV
cjel-11734	1207	16	provide	provide	VERB
cjel-11734	1207	17	investors	investor	NOUN
cjel-11734	1207	18	with	with	ADP
cjel-11734	1207	19	the	the	DET
cjel-11734	1207	20	tools	tool	NOUN
cjel-11734	1207	21	they	they	PRON
cjel-11734	1207	22	need	need	VERB
cjel-11734	1207	23	to	to	PART
cjel-11734	1207	24	make	make	VERB
cjel-11734	1207	25	more	more	ADV
cjel-11734	1207	26	informed	informed	ADJ
cjel-11734	1207	27	investment	investment	NOUN
cjel-11734	1207	28	decisions	decision	NOUN
cjel-11734	1207	29	,	,	PUNCT
cjel-11734	1207	30	but	but	CCONJ
cjel-11734	1207	31	also	also	ADV
cjel-11734	1207	32	require	require	VERB
cjel-11734	1207	33	esg	esg	PROPN
cjel-11734	1207	34	funds	fund	NOUN
cjel-11734	1207	35	to	to	PART
cjel-11734	1207	36	adhere	adhere	VERB
cjel-11734	1207	37	to	to	ADP
cjel-11734	1207	38	stricter	strict	ADJ
cjel-11734	1207	39	investing	investing	NOUN
cjel-11734	1207	40	and	and	CCONJ
cjel-11734	1207	41	labeling	labeling	NOUN
cjel-11734	1207	42	requirements	requirement	NOUN
cjel-11734	1207	43	.	.	PUNCT
cjel-11734	1208	1	these	these	DET
cjel-11734	1208	2	changes	change	NOUN
cjel-11734	1208	3	go	go	VERB
cjel-11734	1208	4	to	to	ADP
cjel-11734	1208	5	“	"	PUNCT
cjel-11734	1208	6	the	the	DET
cjel-11734	1208	7	heart	heart	NOUN
cjel-11734	1208	8	of	of	ADP
cjel-11734	1208	9	[	[	X
cjel-11734	1208	10	the	the	X
cjel-11734	1208	11	]	]	X
cjel-11734	1208	12	mission	mission	NOUN
cjel-11734	1208	13	at	at	ADP
cjel-11734	1208	14	the	the	DET
cjel-11734	1208	15	sec	sec	PROPN
cjel-11734	1208	16	,	,	PUNCT
cjel-11734	1208	17	which	which	PRON
cjel-11734	1208	18	is	be	AUX
cjel-11734	1208	19	to	to	PART
cjel-11734	1208	20	protect	protect	VERB
cjel-11734	1208	21	investors	investor	NOUN
cjel-11734	1208	22	by	by	ADP
cjel-11734	1208	23	promoting	promote	VERB
cjel-11734	1208	24	transparency	transparency	NOUN
cjel-11734	1208	25	and	and	CCONJ
cjel-11734	1208	26	accountability	accountability	NOUN
cjel-11734	1208	27	around	around	ADP
cjel-11734	1208	28	investment	investment	NOUN
cjel-11734	1208	29	decision	decision	NOUN
cjel-11734	1208	30	-	-	PUNCT
cjel-11734	1208	31	making	making	NOUN
cjel-11734	1208	32	.	.	PUNCT
cjel-11734	1209	1	”308	”308	ADP
cjel-11734	1209	2	307	307	NUM
cjel-11734	1209	3	.	.	PUNCT
cjel-11734	1210	1	esg	esg	PROPN
cjel-11734	1210	2	subcomm	subcomm	NOUN
cjel-11734	1210	3	.	.	PUNCT
cjel-11734	1210	4	,	,	PUNCT
cjel-11734	1210	5	sec	sec	PROPN
cjel-11734	1210	6	asset	asset	NOUN
cjel-11734	1210	7	mgmt	mgmt	PROPN
cjel-11734	1210	8	.	.	PUNCT
cjel-11734	1211	1	advisory	advisory	ADJ
cjel-11734	1211	2	comm	comm	NOUN
cjel-11734	1211	3	.	.	PUNCT
cjel-11734	1211	4	,	,	PUNCT
cjel-11734	1211	5	update	update	NOUN
cjel-11734	1211	6	on	on	ADP
cjel-11734	1211	7	progress	progress	NOUN
cjel-11734	1211	8	in	in	ADP
cjel-11734	1211	9	esg	esg	PROPN
cjel-11734	1211	10	subcommittee	subcommittee	NOUN
cjel-11734	1211	11	8	8	NUM
cjel-11734	1211	12	(	(	PUNCT
cjel-11734	1211	13	sept	sept	PROPN
cjel-11734	1211	14	.	.	PROPN
cjel-11734	1211	15	16	16	NUM
cjel-11734	1211	16	,	,	PUNCT
cjel-11734	1211	17	2020	2020	NUM
cjel-11734	1211	18	)	)	PUNCT
cjel-11734	1211	19	(	(	PUNCT
cjel-11734	1211	20	“	"	PUNCT
cjel-11734	1211	21	ultimately	ultimately	ADV
cjel-11734	1211	22	,	,	PUNCT
cjel-11734	1211	23	a	a	DET
cjel-11734	1211	24	values	value	NOUN
cjel-11734	1211	25	-	-	PUNCT
cjel-11734	1211	26	based	base	VERB
cjel-11734	1211	27	decision	decision	NOUN
cjel-11734	1211	28	rests	rest	VERB
cjel-11734	1211	29	on	on	ADP
cjel-11734	1211	30	the	the	DET
cjel-11734	1211	31	shoulders	shoulder	NOUN
cjel-11734	1211	32	of	of	ADP
cjel-11734	1211	33	the	the	DET
cjel-11734	1211	34	investor	investor	NOUN
cjel-11734	1211	35	.	.	PUNCT
cjel-11734	1212	1	if	if	SCONJ
cjel-11734	1212	2	they	they	PRON
cjel-11734	1212	3	are	be	AUX
cjel-11734	1212	4	unable	unable	ADJ
cjel-11734	1212	5	to	to	PART
cjel-11734	1212	6	satisfactorily	satisfactorily	ADV
cjel-11734	1212	7	confirm	confirm	VERB
cjel-11734	1212	8	alignment	alignment	NOUN
cjel-11734	1212	9	between	between	ADP
cjel-11734	1212	10	a	a	DET
cjel-11734	1212	11	fund	fund	NOUN
cjel-11734	1212	12	’s	’s	PART
cjel-11734	1212	13	assets	asset	NOUN
cjel-11734	1212	14	,	,	PUNCT
cjel-11734	1212	15	its	its	PRON
cjel-11734	1212	16	stated	state	VERB
cjel-11734	1212	17	strategy	strategy	NOUN
cjel-11734	1212	18	and	and	CCONJ
cjel-11734	1212	19	the	the	DET
cjel-11734	1212	20	values	value	NOUN
cjel-11734	1212	21	they	they	PRON
cjel-11734	1212	22	seek	seek	VERB
cjel-11734	1212	23	to	to	PART
cjel-11734	1212	24	support	support	VERB
cjel-11734	1212	25	,	,	PUNCT
cjel-11734	1212	26	they	they	PRON
cjel-11734	1212	27	should	should	AUX
cjel-11734	1212	28	pass	pass	VERB
cjel-11734	1212	29	on	on	ADP
cjel-11734	1212	30	the	the	DET
cjel-11734	1212	31	investment	investment	NOUN
cjel-11734	1212	32	opportunity	opportunity	NOUN
cjel-11734	1212	33	”	"	PUNCT
cjel-11734	1212	34	)	)	PUNCT
cjel-11734	1212	35	.	.	PUNCT
cjel-11734	1213	1	308	308	X
cjel-11734	1213	2	.	.	X
cjel-11734	1214	1	comm’r	comm’r	PROPN
cjel-11734	1214	2	,	,	PUNCT
cjel-11734	1214	3	allison	allison	PROPN
cjel-11734	1214	4	herren	herren	PROPN
cjel-11734	1214	5	lee	lee	PROPN
cjel-11734	1214	6	,	,	PUNCT
cjel-11734	1214	7	it	it	PRON
cjel-11734	1214	8	’s	’	VERB
cjel-11734	1214	9	not	not	PART
cjel-11734	1214	10	easy	easy	ADJ
cjel-11734	1214	11	being	be	AUX
cjel-11734	1214	12	green	green	ADJ
cjel-11734	1214	13	:	:	PUNCT
cjel-11734	1214	14	bringing	bring	VERB
cjel-11734	1214	15	transparency	transparency	NOUN
cjel-11734	1214	16	and	and	CCONJ
cjel-11734	1214	17	accountability	accountability	NOUN
cjel-11734	1214	18	to	to	ADP
cjel-11734	1214	19	sustainable	sustainable	ADJ
cjel-11734	1214	20	investing	investing	NOUN
cjel-11734	1214	21	,	,	PUNCT
cjel-11734	1214	22	sec	sec	PROPN
cjel-11734	1214	23	(	(	PUNCT
cjel-11734	1214	24	may	may	PROPN
cjel-11734	1214	25	25	25	NUM
cjel-11734	1214	26	,	,	PUNCT
cjel-11734	1214	27	2022	2022	NUM
cjel-11734	1214	28	)	)	PUNCT
cjel-11734	1214	29	,	,	PUNCT
cjel-11734	1214	30	https://www.sec.gov/news/statement/lee-statement-esg-052522	https://www.sec.gov/news/statement/lee-statement-esg-052522	NOUN
cjel-11734	1215	1	[	[	X
cjel-11734	1215	2	https://perma.cc/u92kusud	https://perma.cc/u92kusud	X
cjel-11734	1215	3	]	]	X
cjel-11734	1215	4	.	.	PUNCT
cjel-11734	1216	1	2023	2023	NUM
cjel-11734	1216	2	]	]	PUNCT
cjel-11734	1216	3	green	green	ADJ
cjel-11734	1216	4	funds	fund	NOUN
cjel-11734	1216	5	in	in	ADP
cjel-11734	1216	6	a	a	DET
cjel-11734	1216	7	gray	gray	ADJ
cjel-11734	1216	8	area	area	NOUN
cjel-11734	1216	9	477	477	NUM
cjel-11734	1216	10	appendix	appendix	ADJ
cjel-11734	1216	11	figure	figure	NOUN
cjel-11734	1216	12	1309	1309	NUM
cjel-11734	1216	13	figure	figure	NOUN
cjel-11734	1216	14	2310	2310	NUM
cjel-11734	1216	15	309	309	NUM
cjel-11734	1216	16	.	.	PUNCT
cjel-11734	1217	1	esg	esg	PROPN
cjel-11734	1217	2	mutual	mutual	ADJ
cjel-11734	1217	3	fund	fund	NOUN
cjel-11734	1217	4	and	and	CCONJ
cjel-11734	1217	5	etf	etf	NOUN
cjel-11734	1217	6	note	note	NOUN
cjel-11734	1217	7	data	datum	NOUN
cjel-11734	1217	8	(	(	PUNCT
cjel-11734	1217	9	on	on	ADP
cjel-11734	1217	10	file	file	NOUN
cjel-11734	1217	11	with	with	ADP
cjel-11734	1217	12	author	author	NOUN
cjel-11734	1217	13	)	)	PUNCT
cjel-11734	1217	14	.	.	PUNCT
cjel-11734	1218	1	310	310	NUM
cjel-11734	1218	2	.	.	PUNCT
cjel-11734	1218	3	esg	esg	PROPN
cjel-11734	1218	4	mutual	mutual	ADJ
cjel-11734	1218	5	fund	fund	NOUN
cjel-11734	1218	6	and	and	CCONJ
cjel-11734	1218	7	etf	etf	NOUN
cjel-11734	1218	8	note	note	NOUN
cjel-11734	1218	9	data	datum	NOUN
cjel-11734	1218	10	(	(	PUNCT
cjel-11734	1218	11	on	on	ADP
cjel-11734	1218	12	file	file	NOUN
cjel-11734	1218	13	with	with	ADP
cjel-11734	1218	14	author	author	NOUN
cjel-11734	1218	15	)	)	PUNCT
cjel-11734	1218	16	.	.	PUNCT
cjel-11734	1219	1	0	0	NUM
cjel-11734	1219	2	5	5	NUM
cjel-11734	1219	3	10	10	NUM
cjel-11734	1219	4	15	15	NUM
cjel-11734	1219	5	20	20	NUM
cjel-11734	1219	6	25	25	NUM
cjel-11734	1219	7	30	30	NUM
cjel-11734	1219	8	c	c	NOUN
cjel-11734	1219	9	o	o	X
cjel-11734	1219	10	u	u	NOUN
cjel-11734	1219	11	n	n	ADP
cjel-11734	1219	12	t	t	NOUN
cjel-11734	1219	13	word	word	NOUN
cjel-11734	1219	14	most	most	ADV
cjel-11734	1219	15	commonly	commonly	ADV
cjel-11734	1219	16	used	use	VERB
cjel-11734	1219	17	words	word	NOUN
cjel-11734	1219	18	(	(	PUNCT
cjel-11734	1219	19	mutual	mutual	ADJ
cjel-11734	1219	20	funds	fund	NOUN
cjel-11734	1219	21	)	)	PUNCT
cjel-11734	1219	22	0	0	NUM
cjel-11734	1219	23	5	5	NUM
cjel-11734	1219	24	10	10	NUM
cjel-11734	1219	25	15	15	NUM
cjel-11734	1219	26	20	20	NUM
cjel-11734	1219	27	25	25	NUM
cjel-11734	1219	28	30	30	NUM
cjel-11734	1219	29	35	35	NUM
cjel-11734	1219	30	u	u	NOUN
cjel-11734	1219	31	n	n	PROPN
cjel-11734	1219	32	d	d	X
cjel-11734	1219	33	er	er	INTJ
cjel-11734	1219	34	ly	ly	X
cjel-11734	1219	35	in	in	ADP
cjel-11734	1219	36	g	g	PROPN
cjel-11734	1219	37	m	m	NOUN
cjel-11734	1219	38	s	s	NOUN
cjel-11734	1219	39	c	c	NOUN
cjel-11734	1220	1	i	i	NOUN
cjel-11734	1220	2	e	e	NOUN
cjel-11734	1220	3	s	s	VERB
cjel-11734	1220	4	g	g	PROPN
cjel-11734	1220	5	s	s	PROPN
cjel-11734	1220	6	ec	ec	PROPN
cjel-11734	1220	7	u	u	NOUN
cjel-11734	1220	8	ri	ri	NOUN
cjel-11734	1220	9	ti	ti	NOUN
cjel-11734	1220	10	es	es	X
cjel-11734	1220	11	w	w	PROPN
cjel-11734	1220	12	ea	ea	PROPN
cjel-11734	1221	1	p	p	NOUN
cjel-11734	1221	2	o	o	PROPN
cjel-11734	1221	3	n	n	X
cjel-11734	1221	4	s	s	X
cjel-11734	1221	5	in	in	ADP
cjel-11734	1221	6	v	v	NUM
cjel-11734	1221	7	o	o	NOUN
cjel-11734	1221	8	lv	lv	INTJ
cjel-11734	1221	9	ed	ed	NOUN
cjel-11734	1221	10	o	o	X
cjel-11734	1221	11	il	il	PROPN
cjel-11734	1221	12	c	c	PROPN
cjel-11734	1221	13	h	h	PROPN
cjel-11734	1221	14	ar	ar	PROPN
cjel-11734	1221	15	ac	ac	PROPN
cjel-11734	1221	16	te	te	PROPN
cjel-11734	1221	17	ri	ri	PROPN
cjel-11734	1221	18	st	st	PROPN
cjel-11734	1222	1	ic	ic	PROPN
cjel-11734	1222	2	s	s	PROPN
cjel-11734	1222	3	r	r	NOUN
cjel-11734	1222	4	ev	ev	X
cjel-11734	1222	5	en	en	X
cjel-11734	1222	6	u	u	X
cjel-11734	1222	7	e	e	PROPN
cjel-11734	1222	8	d	d	AUX
cjel-11734	1222	9	es	es	VERB
cjel-11734	1222	10	ig	ig	PROPN
cjel-11734	1222	11	n	n	PRON
cjel-11734	1222	12	ed	ed	NOUN
cjel-11734	1222	13	in	in	ADP
cjel-11734	1222	14	v	v	NUM
cjel-11734	1222	15	es	es	ADP
cjel-11734	1222	16	tm	tm	PROPN
cjel-11734	1222	17	en	en	PROPN
cjel-11734	1222	18	t	t	PROPN
cjel-11734	1222	19	e	e	PROPN
cjel-11734	1222	20	n	n	SYM
cjel-11734	1222	21	v	v	INTJ
cjel-11734	1222	22	ir	ir	INTJ
cjel-11734	1222	23	o	o	NOUN
cjel-11734	1222	24	n	n	INTJ
cjel-11734	1222	25	m	m	VERB
cjel-11734	1222	26	en	en	X
cjel-11734	1222	27	ta	ta	X
cjel-11734	1222	28	l	l	PROPN
cjel-11734	1222	29	s	s	PART
cjel-11734	1223	1	o	o	X
cjel-11734	1223	2	ci	ci	PROPN
cjel-11734	1223	3	al	al	PROPN
cjel-11734	1223	4	f	f	PROPN
cjel-11734	1223	5	t	t	PROPN
cjel-11734	1223	6	s	s	PART
cjel-11734	1223	7	e	e	X
cjel-11734	1223	8	u	u	NOUN
cjel-11734	1223	9	s	s	PROPN
cjel-11734	1223	10	a	a	PRON
cjel-11734	1223	11	c	c	NOUN
cjel-11734	1224	1	ap	ap	PROPN
cjel-11734	1225	1	it	it	PRON
cjel-11734	1226	1	al	al	INTJ
cjel-11734	1227	1	iz	iz	INTJ
cjel-11734	1227	2	at	at	ADP
cjel-11734	1227	3	io	io	PROPN
cjel-11734	1228	1	n	n	DET
cjel-11734	1228	2	p	p	NOUN
cjel-11734	1229	1	er	er	INTJ
cjel-11734	1229	2	fo	fo	INTJ
cjel-11734	1229	3	rm	rm	PROPN
cjel-11734	1229	4	an	an	DET
cjel-11734	1229	5	ce	ce	PROPN
cjel-11734	1229	6	g	g	PROPN
cjel-11734	1229	7	o	o	PROPN
cjel-11734	1229	8	v	v	INTJ
cjel-11734	1229	9	er	er	INTJ
cjel-11734	1229	10	n	n	ADV
cjel-11734	1229	11	an	an	DET
cjel-11734	1229	12	ce	ce	PROPN
cjel-11734	1229	13	r	r	NOUN
cjel-11734	1229	14	is	be	AUX
cjel-11734	1229	15	k	k	PROPN
cjel-11734	1229	16	g	g	PROPN
cjel-11734	1229	17	as	as	ADP
cjel-11734	1229	18	c	c	PROPN
cjel-11734	1229	19	o	o	PROPN
cjel-11734	1229	20	al	al	PROPN
cjel-11734	1229	21	n	n	PROPN
cjel-11734	1229	22	u	u	NOUN
cjel-11734	1229	23	cl	cl	NOUN
cjel-11734	1230	1	ea	ea	NOUN
cjel-11734	1230	2	r	r	NOUN
cjel-11734	1230	3	r	r	NOUN
cjel-11734	1230	4	et	et	NOUN
cjel-11734	1230	5	u	u	NOUN
cjel-11734	1230	6	rn	rn	PROPN
cjel-11734	1230	7	t	t	PROPN
cjel-11734	1230	8	i	i	PRON
cjel-11734	1230	9	m	m	VERB
cjel-11734	1230	10	e	e	NOUN
cjel-11734	1230	11	p	p	NOUN
cjel-11734	1230	12	o	o	PROPN
cjel-11734	1230	13	w	w	NOUN
cjel-11734	1230	14	er	er	INTJ
cjel-11734	1230	15	c	c	NOUN
cjel-11734	1230	16	h	h	NOUN
cjel-11734	1230	17	an	an	DET
cjel-11734	1230	18	g	g	NOUN
cjel-11734	1230	19	e	e	NOUN
cjel-11734	1230	20	c	c	NOUN
cjel-11734	1230	21	o	o	X
cjel-11734	1230	22	u	u	NOUN
cjel-11734	1230	23	n	n	ADP
cjel-11734	1230	24	t	t	NOUN
cjel-11734	1230	25	word	word	NOUN
cjel-11734	1231	1	most	most	ADV
cjel-11734	1231	2	commonly	commonly	ADV
cjel-11734	1231	3	used	use	VERB
cjel-11734	1231	4	words	word	NOUN
cjel-11734	1231	5	(	(	PUNCT
cjel-11734	1231	6	etfs	etfs	PROPN
cjel-11734	1231	7	)	)	PUNCT
