Businessweek Reports that Green Century Balanced Fund “Stands Out”
May 8, 2013 — Businessweek published a profile of the 4-Star Overall Morningstar Rated™ Green Century Balanced Fund this week. The Morningstar rating is based on the risk-adjusted performance of the Fund against 802 Moderate Allocation Funds as of 3/31/2013.* The article, Green Century Balanced Fund Seeks Stable, Low-Carbon Returns, reviews how the Fund aims to invest in “upstanding companies outside the oil and gas industries” and highlights a number of the holdings that made the Fund nearly 50% less carbon intensive than the S&P 500®.**
“We agree that the Green Century Balanced Fund stands out – and merits a closer look for those who want to green their portfolios,” stated Leslie Samuelrich, Senior Vice President of Green Century Capital Management. “As investors look to align their investments with their environmental values this Earth Day, the Balanced Fund presents an opportunity for them to invest in sustainable companies and environmental innovators while also keeping their money out of the fossil fuel industry,” added Samuelrich.
Trillium Asset Management has served as the sub-advisor for the Balanced Fund, an actively managed fund that holds a mix of stocks and bonds, since 2005. “There is increased attention on – and demand for – lower carbon investments,” says Matt Patsky, CEO, Trillium Asset Management. “Trillium has been proud to partner with Green Century on its clean energy and environmental investing,” added Patsky.
The Balanced Fund released its 2013 Carbon Footprint Analysis this month. The analysis was performed by leading environmental data and analysis firm Trucost® and is based on comparing the tons of carbon emissions per million dollars of revenue of the companies held by the Balanced Fund and those of the companies included in the S&P 500® Index.
“Investors are increasingly benefiting from strategies that integrate carbon and broader natural capital considerations within traditional investment analysis,” says Divya Mankikar, Vice President, Trucost®. “The carbon analysis demonstrates how fund managers can manage hidden natural capital risk in their portfolios.”
For each fund with at least a three-year history, Morningstar calculates a Morningstar Rating™ based on a Morningstar Risk-Adjusted Return measure that accounts for variation in a fund’s monthly performance (including the effects of sales charges, loads, and redemption fees), placing more emphasis on downward variations and rewarding consistent performance. The top 10% of funds in each category receive 5 stars, the next 22.5% receive 4 stars, the next 35% receive 3 stars, the next 22.5% receive 2 stars and the bottom 10% receive 1 star. (Each share class is counted as a fraction of one fund within this scale and rated separately, which may cause slight variations in the distribution percentages.) The Overall Morningstar Rating for a fund is derived from a weighted average of the performance figures associated with its three-, five- and ten-year (if applicable) Morningstar Rating metrics. As of 3/31/13, the Green Century Balanced Fund was rated against the following numbers of U.S.-domiciled moderate allocation funds over the following time periods: 802 funds in the last three years, 697 funds in the last five years, and 414 funds in the last ten years. With respect to these moderate allocation funds, the Green Century Balanced Fund received a Morningstar Rating of 3 stars, 3 stars and 4 stars for the three-, five- and ten-year periods, respectively. Past performance is no guarantee of future results.
** The S&P 500® Index is an unmanaged index of 500 selected common stocks, most of which are listed on the New York Stock Exchange. The S&P 500® Index is heavily weighted toward stocks with large market capitalization and represents approximately two-thirds of the total market value of all domestic stocks. It is not possible to invest directly in the S&P 500® Index.
You should consider the Funds’ investment objectives, risks, charges, and expenses carefully before investing. To obtain a Prospectus that contains this and other information about the Funds, please click here, email firstname.lastname@example.org, or call 1-800-93-GREEN. Please read the Prospectus carefully before investing.
Stocks will fluctuate in response to factors that may affect a single company, industry, sector, or the market as a whole and may perform worse than the market. Bonds are subject to risks including interest rate, credit and inflation.
The Green Century Funds are distributed by UMB Distribution Services, LLC. 5/13