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The Economic Impact of Immigration Enforcement

Investor Briefing on Immigration and the Economy

The following briefing on the economic value of immigration and the potential investor risks stemming from the Trump Administration’s immigration enforcement policies has been developed by the Service Employees International Union’s Capital Stewardship Program. The Capital Stewardship Program works with SEIU members that participate in public and private sector pension plans with combined assets of over $1 trillion and provides pertinent information to trustees and other fiduciaries who serve at those plans. The Service Employees International Union represents over two million members across North America in a variety of industries. This document is in response to increasing requests from fiduciaries for information regarding whether the new immigration policies could have an impact on portfolios or plan participants. SEIU is not qualified or registered to provide investment advice, nor does this briefing offer any investment advice.