Integrity Viking Funds

Funds Group: Integrity Viking Funds

Management Company: Viking Fund Management, LLC

Funds Affected: Integrity Growth and Income Fund

Principal Sustainable Investment Management Strategy:

Individual companies are selected by considering a number of factors that may include, but are not limited to, revenue growth, earnings growth rate, dividend yield, cash flow growth rate, price-to-earnings (P/E) and price-to-cash flow (P/CF) multiples, strength of balance sheet, and price momentum. Subject to its attention to ethical investment criteria as described below, the fund is not constrained by investments in any particular segment of the stock market.

Viking Fund Management tries to emphasize companies that it believes both offer attractive investment opportunities and demonstrate a positive awareness of their impact on the society in which they operate.

Potential investments for the fund are first selected for financial soundness and then evaluated according to the fund’s ethical investment criteria. The fund seeks to invest in companies that the Investment Adviser believes exhibit positive accomplishments with respect to one or more of the ethical factors.

Ethical factors considered may include:

  • fairness of employment policies and labor relations;
  • involvement in the community;
  • efforts and strategies to minimize the negative impact of business activities and products on the environment and to embrace alternatives to reduce polluting and unnecessary animal suffering; and
  • management and board governance.

In addition, Viking Fund Management takes environmental, social, and governance (ESG) factors into account, and does not intend to invest in companies that it believes derive revenue from gambling, firearms, pornography, or from the production of alcohol or tobacco.