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What is the General Boards Failed/Ineligible List?

failed ineligible list
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What is the General Boards Failed/Ineligible List?

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10

The ineligible company list is comprised of companies that have failed one or more of the General Board’s screening criteria. The General Board only screens those companies that our investment managers request permission to purchase. The General Board does not attempt to identify the entire universe of restricted companies that would violate our investing guidelines. It is possible that a company heavily involved in a restricted industry is not currently on our ineligible list simply because none of our investment managers has expressed an interest in holding it. A company that fails our screening process is not approved for purchase and placed on the ineligible list. In some instances a company may be excluded from the portfolio even if it does not fail any individual screen. This generally occurs when a company is involved in more than one restricted industry, but passes each separate screen. In these cases the combined revenue from each restricted sector is considered when making a

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