Commonwealth Africa Fund

Shareclass

Commonwealth Africa (CAFRX)

Type

Open-end mutual fund

Manager

Commonwealth Intl Series Tr

Investments in major fossil fuel companies

Top 200 carbon reserves

$81,865

Top 200 carbon reserves

$13,920

Fossil fuel holdings

Energy sector

Top 200 owners of carbon reserves

Carbon Underground 200

holdings

$95,785

invested

2.29%

of portfolio

Coal industry

Coal miners, coal services, owners of coal reserves

holdings

$195,627

invested

4.68%

of portfolio

Oil/gas industry

Oil/gas producers and refiners, oil field services and equipment companies, pipeline operators

holdings

$13,920

invested

0.33%

of portfolio

Utility sector

Top 50 coal-fired utilities

Macroclimate 50

No direct stock holdings

Fossil-fired utilities

Utilities burning fossil fuels or distributing gas

holdings

$13,920

invested

0.33%

of portfolio

When calculating a portfolio's screen exposure, we only consider long investments, ignoring any shorts or liabilities.

All fossil fuel companies

3 holdings

1. Grindrod Ltd
$99,842
2.39%
2. Exxaro Resources Ltd
$81,865
1.96%
3. Sasol Ltd ADR
$13,920
0.33%

See the impact of your investments

Regular updates on sustainability risks and ethical concerns in everyday investment products

Sustainability report card

As You Sow’s Invest Your Values report card grades mutual funds on environmental and social issues, including climate change, gender equality, and weapon investments. Click through to get more details on each issue.

Commonwealth Africa Fund CAFRX

Environment

Fossil fuels

Investments in coal, oil, and natural gas energy and utility companies, and related financial companies

Deforestation

Investments in deforestation-risk agricultural commodities, and related financial companies and consumer brands

Social

Gender equality

Gender equality group ranking, based on Equileap company data

N/A

Civilian firearms

Investments in civilian firearms manufacturers, and related gun retailers

Prison industrial complex

Investments in prisons and borders industry, including private prison operators

Military weapons

Investments in military arms manufacturers and services companies, including nuclear weapon manufacturers and servicers

Tobacco

Investments in tobacco and e-cigarette manufacturers, and tobacco-promoting entertainment companies

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Financial performance

Performance data provided by

Find more financial data on CAFRX at Morningstar.com

Current fund

CAFRX

Commonwealth Africa Fund

Family

Commonwealth Intl Series Tr

Category

Miscellaneous Region

Find another fund

vs.

Benchmark

ACWX

iShares MSCI ACWI ex U.S. ETF

Family

iShares from BlackRock

Category

Foreign Large Blend

Change benchmark

Fund comparison settings

Investment timeline

Performance as of: 6/30/25

1 year

3 years

5 years

10 years

Benchmark

Suggested: MSCI ACWI Ex USA

Fund comparison results

Compared to the benchmark, this fund has:

Lower

10-yr returns

-4.28% less in annualized returns

Less invested in fossil fuels

6.7% less invested

Lower fossil finance risk score

30 points lower

Lower fossil insurance risk score

17 points lower

Less invested in Clean200

11.96% less invested

Current fund

CAFRX

Commonwealth Africa Fund

Family

Commonwealth Intl Series Tr

Category

Miscellaneous Region

Find another fund

vs.

Benchmark

ACWX

iShares MSCI ACWI ex U.S. ETF

Family

iShares from BlackRock

Category

Foreign Large Blend

Change benchmark

Fund comparison settings

Investment timeline

Performance as of: 6/30/25

1 year

3 years

5 years

10 years

Benchmark

Suggested: MSCI ACWI Ex USA

Fund comparison results

Compared to the benchmark, this fund has:

Lower

10-yr returns

-4.28% less in annualized returns

Less invested in fossil fuels

6.7% less invested

Lower fossil finance risk score

30 points lower

Lower fossil insurance risk score

17 points lower

Less invested in Clean200

11.96% less invested

Current fund

CAFRX

Commonwealth Africa Fund

Family

Commonwealth Intl Series Tr

Category

Miscellaneous Region

Find another fund

vs.

Benchmark

ACWX

iShares MSCI ACWI ex U.S. ETF

Family

iShares from BlackRock

Category

Foreign Large Blend

Change benchmark

Fund comparison settings

Investment timeline

Performance as of: 6/30/25

1 year

3 years

5 years

10 years

Benchmark

Suggested: MSCI ACWI Ex USA

Fund comparison results

Compared to the benchmark, this fund has:

Lower

10-yr returns

-4.28% less in annualized returns

Less invested in fossil fuels

6.7% less invested

Lower fossil finance risk score

30 points lower

Lower fossil insurance risk score

17 points lower

Less invested in Clean200

11.96% less invested

Month-end trailing returns

Performance as of date: 6/30/25

Morningstar suggested benchmark: MSCI ACWI Ex USA NR USD

Annualized returns

Climate analysis

1-yr

3-yr

5-yr

10-yr

This fund
CAFRX - Commonwealth Africa Fund

24%

8.49%

13%

1.76%

4.68%

Benchmark

18%

14%

10%

6.04%

11%

Fund compared to benchmark

5.67%

-5.37%

3.01%

-4.28%

6.7% lower

Find more financial data on CAFRX at Morningstar.com

What's next?

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Action toolkit

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Apr 5, 2025

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The Ethical and Financial Risks of Investing in Controversial Weapons

Mar 12, 2025

Many military weapons are considered controversial weapons due to the indiscriminate harm they cause to civilians, violating international humanitarian principles. Investing in controversial weapons makers doesn’t just threaten global peace – it also threatens your savings.

Disclaimer: As You Sow is not an investment adviser

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Fossil fuel companiesare fueling the climate crisis.

See the impact of your investments

Regular updates on sustainability risks and ethical concerns in everyday investment products

Environment

Social

Disclaimer: As You Sow is not an investment adviser