Green Century Launches New Fossil Fuel Free International Index Fund; the First Diversified and Responsible Fossil Fuel Free International Index Fund Available to U.S. Investors
Contact: Leslie Samuelrich, 617-482-0800, lsamuelrich@greencentury.com
BOSTON, MA, September 30, 2016: Today, Green Century Capital Management (Green Century) announced the launch of the Green Century MSCI International Index Fund. The Fund, which is the first diversified and responsible fossil fuel free international index fund available to U.S. investors, will seek to achieve long-term total return through investment in large and mid-cap stocks from approximately 22 Developed Market (DM) countries in Europe, parts of Asia, Australia and Canada that have outstanding Environmental, Social, and Governance (ESG) factors.
The Fund will invest in stocks included in the MSCI World ex USA SRI ex Fossil Fuels Index; a custom index calculated by MSCI, Inc., a leading global index provider. Northern Trust will serve as the sub-advisor for the Fund. The MSCI World ex USA SRI ex Fossil Fuels Index is comprised of the common stocks of approximately 239 companies in the Index, minus the stocks of fossil fuel companies.
“With the launch of the new Fund, we are expanding the ways in which we help our investors make a tangible impact through the power of their investments,” Leslie Samuelrich, President of Green Century Capital Management said. “In addition to providing our investors the opportunity to make a difference on issues such as climate change, sustainable agriculture, and forest protection outside the U.S., the new Fund can help investors diversify their portfolios,” Samuelrich added.
The Green Century MSCI International Index Fund, like Green Century’s Equity and Balanced Funds, invests in the stocks of companies selected based on a thorough review of ESG factors and includes those companies believed to have the best overall sustainability records. The Fund will also not invest in companies that produce genetically modified organisms (GMOs), civilian firearms, military weapons, nuclear power or tobacco.
For more than 25 years, Green Century has been providing individuals and institutions the opportunity to invest responsibly for themselves, their families and the future. By investing in companies that protect the environment and promote fair and equal rights, Green Century delivers investment opportunities that align with its investors’ values, and seeks to avoid the potential financial risks of investing in companies that employ dangerous, unethical, and environmentally harmful practices.
To learn more about Green Century’s sustainable investment strategy, advocacy efforts, and how you can make an impact with the power of your investments, please visit the Why Choose Green Century webpage or call 1-800-934-7336.
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About Green Century Capital Management:
Green Century Capital Management is the investment advisor to the Green Century Funds and offers three environmentally and socially responsible funds, the Green Century MSCI International Index Fund, the Green Century Equity Fund, and the Green Century Balanced Fund. Green Century works to curb climate change through fossil fuel free investing, reinvestment in sustainable companies, and advocating with companies to improve their environmental policies and supply chains.
You should carefully consider the Funds’ investment objectives, risks, charges, and expenses before investing. To obtain a Prospectus that contains this and other information about the Funds please click here, email info@greencentury.com, or call 1-800-934-7336. Please read the Prospectus carefully before investing.
Stocks will fluctuate in response to factors that may affect a single company, industry, sector, country, region, or market as a whole and may perform worse than the market. Foreign securities are subject to additional risks such as currency fluctuations, regional economic and political conditions, differences in accounting, and other unique risks compared to investing in securities of U.S. issuers. Bonds are subject to risks including interest rate, credit, and inflation. The Funds’ environmental criteria limit the investments available to the Funds compared to mutual funds that do not use environmental criteria.
The World ex USA SRI ex Fossil Fuels Index is a custom index calculated by MSCI Inc. The World ex USA SRI ex Fossil Fuels Index is comprised of the common stocks of the companies in the MSCI World ex USA SRI Index (the World ex USA SRI Index), minus the stocks of the companies that explore for, extract, produce, manufacture or refine coal, oil or gas or produce or transmit electricity derived from fossil fuels or transmit natural gas or have carbon reserves included in the World ex USA SRI (Socially Responsible Investment) Index. The World ex USA SRI Index includes large and mid-cap stocks from approximately 22 developed markets countries (excluding the U.S.). The World ex USA SRI Index is a capitalization weighted index that provides exposure to companies with what MSCI calculates to have outstanding Environmental, Social and Governance (ESG) ratings and excludes companies whose products have negative social or environmental impacts. It is not possible to invest directly in an index.
The Green Century MSCI International Index Fund (the “Fund”) is not sponsored, endorsed, or promoted by MSCI, its affiliates, information providers or any other third party involved in, or related to, compiling, computing or creating the MSCI indices (the “MSCI Parties”), and the MSCI Parties bear no liability with respect to the Fund or any index on which the Fund is based. The MSCI Parties are not sponsors of the Fund and are not affiliated with the Fund in any way. The Statement of Additional Information contains a more detailed description of the limited relationship the MSCI Parties have with Green Century Capital Management and the Fund.
This information has been prepared from sources believed reliable. The views expressed are as the date of publication and are those of the Advisor to the Funds.
The Green Century Funds are distributed by UMB Distribution Services, LLC. 9/16
