Contact: Leslie Samuelrich, President, Green Century Capital Management, 617-482-0800, [email protected]
April 30, 2018: Green Century Capital Management today announced the launch of an institutional share class for one of its flagship mutual funds, the Green Century Equity Fund. The Equity Fund was recently recognized as one of the Top 10 Responsible Mutual Funds by Bloomberg Sustainable Finance for the second year in a row. The Equity Fund invests in the stocks of the MSCI KLD 400 Social ex Fossil Fuels Index, the longest running sustainability index customized to exclude fossil fuel companies. Investors can access the new no load institutional share class (GCEUX) and the individual investor share class (GCEQX) through major platforms including Schwab and Fidelity, your financial advisor, or by opening an account directly at www.GreenCentury.com.
“The Equity Fund has been the long-standing choice for many investors who want a core U.S. equity product in their portfolios, but don’t want the dirty energy and environmentally irresponsible companies that too often come with most funds and ETF’s,” stated Leslie Samuelrich, President of Green Century Capital Management. “We’re looking forward to welcoming new investors and building on the 350% growth that the firm has had in its assets under management the last five years,” said Samuelrich.
The Green Century Equity Fund does not invest in industries that pose serious environmental threats including nuclear weapons, genetically modified organisms (GMOs), coal, oil and gas companies. The underlying MSCI index also uses environmental, social and governance ratings (ESG) to select better performing companies that may offer reduced risks to investors. The institutional share class of the no load Equity Fund is available to investors with a $250,000 investment minimum.
With more than 25 years of experience in environmentally responsible investing, Green Century Capital Management is a pioneer in the growing movement for individuals and institutions to align their investments with their values. Green Century uses a three-pronged approach of investing in sustainable companies, leading an effective shareholder advocacy program, and supporting environmental non-profit organizations to help people make an impact as they save for the future.
Green Century also offers the Green Century MSCI International Index Fund (GCIFX/GCINX) and the Green Century Balanced Fund (GCBLX), which includes green and sustainable bonds.
Green Century Capital Management is a member of The Forum for Sustainable and Responsible Investment (US SIF) where President Leslie Samuelrich sits on the Board of Directors. Green Century also is a signatory for the United Nation’s Principles for Responsible Investment (UNPRI), through which Green Century’s shareholder advocates have organized asset managers across the globe to help protect tropical forests from destruction due to irresponsible palm oil, soy and cattle production.
Green Century Capital Management is the investment advisor to the Green Century Funds and offers three environmentally and socially responsible funds, the Green Century 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 [email protected] 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 the 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 methods, 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; as a result performance could be affected.
This information has been prepared from sources believed to be reliable. The views expressed are as of the date of this writing and are those of the Advisor to the Funds.
The Green Century Funds are distributed by UMB Distribution Services, LLC. 4/18