Our Funds: Green Century Equity Fund
The
Green Century Equity Fund's objective is to achieve long-term total
return which matches the performance of the MSCI KLD 400 Social Index (formerly the Domini 400 Social
Index), an index comprised of the stocks of 400 companies selected using
environmental and social criteria. The majority of these companies are
included in the Standard & Poors 500® Index and allow for a
diversified investment in environmentally sound businesses.
The Equity Fund, like many other mutual funds invested primarily in
stocks, carries the risks associated with investing in the stock
market. In addition, the larger companies in which the Equity Fund's
portfolio is primarily invested may perform worse than the stock market
as a whole.
The environmental criteria employed to select companies in the MSCI KLD 400 Social
Index include each company's performance record on waste disposal,
toxic emissions, fines or penalties, and efforts in waste and emissions
reductions, recycling, and use of environmentally beneficial fuels,
products, and services. Social criteria examined include a company's
employee relations, corporate citizenship, product-related issues, and
attitudes regarding consumer issues.
Certain industries may impose unique and onerous risks and/or costs on society. Companies involved in these industries are evaluated based on their level of involvement as well as their social and environmental impact. Therefore, companies that are determined to have significant business involvement in the following industries will not be included in the MSCI KLD 400 Social Index: alcohol, tobacco, firearms, nuclear power, military weapons, and gambling.
Learn more about investing in the Green Century Funds.
