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The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication
an InvestmentWires' Publication
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MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication |
|
Monday, June 22, 2009 A New Global SRI Fund Hits The Shelves Zurich-based Sustainability Asset Management (SAM) has added to its U.S SRI-oriented fund family. The Global Active Fund started trading June 19th and was launched with 9.2 million in assets. The fund is the third sustainability-focused U.S offering from SAM, who introduced a Sustainable Climate Fund and a Sustainable Water Fund in October 2007. The new offering is the first of what a SAM representative referred to as a “thematic fund," which offers a wider perspective across a variety of sustainability approaches. The fund will offer both investor and institutional share classes, and will be advised by SAM's RIA subsidiary, Sustainable Asset Management USA. Companies included in the fund face no market cap restriction, and are screened with respect to sustainability based on economic, social and environmental factors. Sander van Eijkern, SAM’s CEO, spoke of SAM's confidence in the profitable future of sustainability-oriented companies and the broader U.S. investing landscape. "With the launch of this new product in the U.S., we underscore our confidence in the potential of the U.S. market," Eijkern noted. "Our conviction is that sustainability trends driven by climate change, resource scarcity, energy security and demographic developments have an impact on long-term performance and corporate competitiveness." Printed from: MFWire.com/story.asp?s=21872 Copyright 2009, InvestmentWires, Inc. All Rights Reserved |