Developed Markets Ex-U.S. and U.S. Mid Cap Latest Introductions
Calvert Investments, Inc. (www.calvert.com), a global leader in responsible investing, recently announced the introduction of two new indexes in the Calvert Responsible Index Series: the Calvert Developed Markets Ex-U.S. Responsible Index (CALDMI) and the Calvert U.S. Mid Cap Core Responsible Index (CALMID). In addition, Calvert launched mutual funds that will track each of the two new indexes: the Calvert Developed Markets Ex-U.S. Responsible Index Fund (CDHAX) and the Calvert U.S. Mid Cap Core Responsible Index Fund (CMJAX).
In June, Calvert initiated the build-out of its index series with the introduction of the Calvert U.S. Large Cap Growth Responsible Index Fund and the Calvert U.S. Large Cap Value Responsible Index Fund – both of which complemented the pre-existing U.S. Large Cap Core Responsible Index Fund (formerly Calvert Social Index Fund). The indexes are driven by the Calvert Research System, a proprietary research platform that synthesizes multiple sources of non-financial data, including environmental, social, and governance (ESG) data. Calvert analysts identify and weight the ESG factors that are most material within each of 156 sub-industries, then rate and rank every company to build the list of index constituents. The firm continues to build upon its global responsible investment research expertise with the newest additions to its responsible index series and related low-cost index funds that will track them and institutional separate account products.
HIGHLIGHTS:
Calvert now offers five distinct indexes:
• Calvert U.S. Large Cap Core Responsible Index
• Calvert U.S. Large Cap Value Responsible Index
• Calvert Developed Markets Ex-U.S. Responsible Index
• Calvert U.S. Mid Cap Core Responsible Index
Calvert now offers five index funds, each based on one of the Calvert Indexes:
• Calvert U.S. Large Cap Growth Responsible Index Fund (NASDAQ: CGJAX)
• Calvert U.S. Large Cap Value Responsible Index Fund (NASDAQ: CFJAX)
• Calvert Developed Markets Ex-U.S. Responsible Index Fund (NASDAQ: CDHAX)
• Calvert U.S. Mid Cap Responsible Index Fund (NASDAQ: CMJAX)
“Calvert is committed to meeting the evolving needs of our institutional and private clients with both active and indexed responsible investing products,” said John Streur, CEO, Calvert Investments. “The universe of indexed responsible investment funds is nearly non-existent. Calvert is providing choices for investors based on their desire to get broadly diversified exposure to responsible investments at a reasonable price. Investors may find our index funds can be a cost-effective way to form a foundation or core for portfolios. Where investors find that active management can be valuable, they may look to our high conviction actively managed strategies.
“Calvert Investments has over 30 years of leadership in helping responsible investors define and assess the environmental, social and governance (ESG) impacts of the corporations they own. Combine this with our shareholder engagement and we can help investors drive real positive change in the world.”
Calvert continues to partner with indexing leader S-Network Global Indexes, Inc. (SNGI) to manage the benchmark universes.
Information about the Calvert Responsible Index Series and the Calvert Principles for Responsible Investment can be found at www.Calvert.com
About Calvert Investments
Calvert Investments is a global leader in Responsible Investing. Our mission is to deliver superior long-term performance to our clients and enable them to achieve positive impact. Founded in 1976 and headquartered in Bethesda, Maryland, Calvert Investments had more than $12.6 billion in assets under management as of October 31, 2015. Learn more at www.Calvert.com
About S-Network
S-Network® is a service mark of S-Network Global Indexes, Inc. and has been licensed for use by Calvert Investments. The Calvert Responsible Index Funds are not sponsored, endorsed, sold or promoted by S-Network Global Indexes, Inc. and S-Network Global Indexes, Inc. makes no representation regarding the advisability of investing in any such Fund.
Investment in mutual funds involves risk, including possible loss of principal invested. Although expected to track its target index as closely as possible while satisfying its investment criteria, a Fund will not be able to match the performance of the index exactly. It is not possible to invest directly in an index.
For more information on any Calvert Fund, please contact Calvert at 800.368.2748 for a free summary prospectus and/or prospectus. An investor should consider the investment objectives, risks, charges, and expenses of an investment carefully before investing. The summary prospectus and prospectus contain this and other information. Read them carefully before you invest or send money.
Calvert mutual funds are underwritten and distributed by Calvert Investment Distributors, Inc., member FINRA and subsidiary of Calvert Investments, Inc.
#15205 (10/2015) – Web Release Version
Media Contact:
Annie M. Cull, Calvert
Phone: 301.951.4861 or email- Annie.Cull@Calvert.com
