International SRI Funds – Calvert, Green Century, Praxis, Mirova
This is the second of two articles featuring short profiles on a number of the International SRI Mutual Funds, which invest in companies outside the United States. The information below comes from each Fund and is subject to change. We have included their website links for you to look up the latest information including Company Holdings, Country Allocations and Financial Performance.
Calvert International Equity Fund
The Fund invests primarily in stocks of non U.S. large-cap companies whose market capitalization falls within the range of the MSCI EAFE Index. In conjunction with financial analysis, the Calvert Principles for Responsible Investment guide the investment research process and decision making.
Green Century MSCI International Index Fund
The Fund seeks to achieve long-term total return which matches the performance of an index comprised of the stocks of foreign companies selected based on Environmental, Social, and Governance (ESG) criteria. The Fund invests in Large- and mid-cap companies with outstanding ESG performance and is completely fossil fuel free.
Praxis International Index Fund
The Fund seeks capital appreciation through a portfolio of equity securities that seeks to reflect the performance of both foreign developed and emerging equity markets, while incorporating stewardship investing criteria. The fund invests primarily in foreign equity securities and uses optimized indexing techniques to reflect the performance of the MSCI All Country World ex-U.S. Index, and attempts to minimize risk through broad diversification among foreign countries and industries.
Mirova International Sustainable Equity Fund
The Fund is an all-cap international equity fund that seeks long-term capital appreciation. The Fund also seeks to maximize exposure to companies with a positive impact on the United Nations’ Sustainable Development Goals (SDGs), while avoiding companies whose activities or products have a negative impact on or create risk to achieving such goals.
Photo credit: The Irish Times; Amazon Web Services (AWS) to invest in Donegal wind farm as it eyes renewable energy goal, by Clara O’Brian, April 8, 2019. The 91.2 megawatt wind farm will be developed by Invis Energy and is expected to begin providing energy by the end of 2021.