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Products October 6, 2008
Calvert Unveils Global Water Portfolio
October 6, 2008 (PLANSPONSOR.com) - Calvert has
launched its latest sustainable and responsible investment
(SRI) mutual fund, part of a new series of investment
portfolios known as Calvert Solution Strategies.
Reported by Fred Schneyer
A news release said the Calvert Global Water Fund invests in utility, infrastructure, and technology companies active in managing water resources and will be sub-advised by KBC Asset Management International, Ltd., of Dublin, Ireland, which boasts an eight-year track record of strong performance in the global water sector.
“We see strong demand for such a fund from
individual and institutional investors. We also see a
tremendous opportunity to help educate investors on the
societal concerns over ensuring equitable access to clean
water and enable investors to be part of the
solution,” said Craig Cloyed, President, Calvert
Distributors, Inc., in the news release.
Calvert Solution Strategies consist of portfolios that
selectively invest in companies that produce products and
services designed to solve some of the most pressing
environmental and social challenges. Generally, these
strategies will seek to invest in companies that produce
or market technologies that enhance the environment,
public health, and quality of life and in turn contribute
positively to addressing U.S. and global sustainability
challenges.
Calvert also recently released “Unparalleled Challenge and Opportunity in Water,” a White Paper that details the key drivers for the needed $1 trillion in annual investments in water-related infrastructure and services worldwide, and the resulting opportunities for investors.
More information is at www.calvert.com .