TECH-CONSCIOUS – Calvert To Offer Technology Fund with a "Conscience"

August 4, 2000 (PLANSPONSOR.com) - Calvert Group plans to launch the Calvert Social Investment Fund Technology Portfolio, according to a filing with the Securities and Exchange Commission.

The first-of-its-kind fund will focus on “socially responsible companies involved in the development, advancement and application of technology.”

The CSIF Technology Fund is the 16th fund in Calvert’s family of socially screened funds.

Investments in the funds must meet Calvert’s standards regarding:

  • the environment
  • workplace issues
  • roduct safety
  • community relations
  • military weapons contracting
  • international operations
  • human rights, and
  • respect for the rights of indigenous peoples.

Investment advisory services will be provided by Calvert Asset Management Company, advisor to all of Calvert’s 25 mutual funds, with some $6.6 billion under management. 

Turner Investment Partners will be responsible for portfolio management. Turner Investment Partners manages approximately $10.2 billion in assets for a variety of institutional and individual investors.

– Nevin Adams       editors@plansponsor.com

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