Calvert Unveils Global Water Portfolio

October 6, 2008 ( - 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.

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 .