Reviewing ISS’ Catholic-Faith Based Proxy Guidelines: Vote FOR Appraisal

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Proxy firm Institutional Shareholder Services (ISS) offers a number of proxy guidelines for specific funds, kinds of funds and separate interest groups. We recently wrote about ISS’s sustainability guidelines, which recommend voting in favor of appraisal rights. ISS also provides recommendations for Catholic funds and related entities. Per ISS: “Catholic Advisory Services Recommendation: Vote for proposals to restore, or provide shareholders with, rights of appraisal” – another recommendation to vote in favor of appraisal rights when offered.

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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