Proxy Voting for a New Era
iconik is a U.S.-based service that leverages advanced technology and proprietary research to align voting with each asset manager’s investment policy.
A Better Choice
Limited choice in the proxy voting space has translated into higher costs and sub-par products for managers.
It also means more uncertainty. Every year, the legacy proxy services change their policies. This dynamic has attracted negative attention from managers, regulators, attorneys general, and a range of other participants in public markets, and can create challenges for managers who rely on voting services to meet their fiduciary responsibilities.
Managers deserve better. iconik is transforming the proxy voting landscape through services and products built around transparency, customization, and ease of use. Importantly, iconik does not sell data or services to issuers.
Why managers are switching to iconik
Industry-leading reporting
Gain insights into voting patterns by topic and ballot item type, while demonstrating alignment with investment policies.
Automatable workflows
Streamline voting with automation while maintaining extensive options for customization.
Cost savings
Achieve 25% or more in savings compared to legacy providers.
Fast ballot access
Unlike legacy vendors, iconik publishes meeting information within 24 hours of receipt and processes voting choices within 72 hours.
Modern interface
Enjoy an intuitive design and seamless user experience that makes voting management efficient.
Customized alerts
Stay informed with alerts by topic, shareholder proponent, or company.
Policy stability
Client voting policies are never modified without consent, eliminating fiduciary duty-related concerns.
Independent service
iconik is a U.S. based company that does not sell data or services to issuers.
Research | Data
Voting Policy and Execution
Backed by cutting edge technology and research, iconik offers seamless vote execution through Broadridge or Proxymity to match each manager's voting policy, complemented by industry-leading reporting.
Oversight | Fiduciary Duty
Voting Record Analysis with Prism
Recent legal precedent highlights the fiduciary duty implications of delegated proxy voting (see, e.g., Spence v. American Airlines, Inc., 4:23-cv-00552, (N.D. Tex.)). iconik Prism is the industry’s only independent proxy vote analysis engine, allowing trustees and managers to measure alignment between votes cast and an approved voting policy.
Enhanced Search
iconik makes it easy to filter upcoming elections by topic, ballot item type, or a combination of the two.
Customized Alerts
Clients can configure their iconik accounts to send email alerts every time a company, shareholder proponent, or topic is included in a meeting.
Combine Policies
iconik is the only voting platform that empowers users to stack different voting policies. There are many use cases for this capability; for example, firms can create base voting policies that implement governance best practices across all products, but still provide individual managers with the flexibility to conform voting on certain topics to reflect a particular strategy.
Client-directed / Passthrough voting
In a fast-changing regulatory and political environment, forward-thinking managers are considering pilots and other approaches to enabling client-directed voting in commingled vehicles.
iconik VoteThru is the most advanced voting choice platform available. Investors can select from fund-approved voting policies. If enabled by the fund, participants can customize their policies using iconik VoteForge. Voting choices are calculated and aggregated according to participants’ proportional ownership of the fund, and executed through Broadridge.
Investor Preferences
VoteThru Tier 2
A breakthrough program for engaging with investors. Participating funds receive a monthly feed of investor voting data tailored to their holdings, and are licensed to display the VoteThru logo on their website and marketing materials, designating participation in a program to collect investor preferences.
Voting Choice
VoteThru Tier 1
The most advanced voting choice platform available. Investors can select from fund-approved voting policies. If enabled by the fund, participants can customize their policies using iconik VoteForge. Voting choices are calculated and aggregated according to participants' proportional ownership of the fund, and executed through Broadridge or Proxymity.
Shareholder proposal regarding political expenditures values alignment3,177
Votes In Favor
6,487
Votes Against
219
Votes to Abstain
Disclosure
N-PX
iconik clients enjoy fast, efficient, and economical preparation of materials for N-PX filings, in compliance with the new categorization requirements set forth by the SEC.
