Calvert Global Alternative Energy Fund
As a leader in sustainable investments, Calvert is well qualified to enable investors to participate in the significant growth potential of renewable energy technologies. That’s why we introduced Calvert Global Alternative Energy Fund in 2007 as part of our Calvert Solution™ Strategies—an approach featuring funds that invest in companies offering solutions to today’s most pressing environmental, social, and governance challenges.
Calvert Global Alternative Energy Fund stands apart from many other alternative energy investments by virtue of its combination of three distinctive features.
Active Management
Unlike passively managed index mutual funds and exchange-traded funds, Calvert Global Alternative Energy Fund employs an active and highly dynamic management approach. Backed by a team of financial research analysts, our portfolio managers scour the market to find companies that we believe will have a truly sustainable competitive advantage in their respective categories and sub-sectors. In the context of an emerging technology sector that’s abundant with both opportunity and risk, an active management approach offers investors the added confidence of knowing that investment professionals are navigating the waters to maximize the upside potential while reducing the downside as much as possible.
Premier Money Managers with Uncommon Expertise
Calvert selected Kleinwort Benson Investors International Ltd. (KBI) (formerly KBC Asset Management International, Ltd.). of Ireland to serve as sub-advisor to the Calvert Global Alternative Energy Fund. KBI boasts one of the longest alternative energy fund management track records of any international asset manager. With KBI’s experience, you can rest assured that the Fund is managed by experts who know the alternative energy market from the inside out.
Integrated Sustainability Research from Calvert
Calvert Global Alternative Energy Fund invests in ways consistent with Calvert’s philosophy that long-term rewards to investors come from companies whose products, services, and methods contribute to a more sustainable future. This approach begins with research conducted by 16 dedicated sustainability analysts widely recognized as leaders by their peers. They dig deep to find sustainable companies that possess competitive advantages that can deliver value over the long term, while seeking to avoid those at risk from unethical business practices. At Calvert, our careful, scrupulous research gives investors both extra insight and the confidence in knowing that the companies they’re investing in are meeting the strictest standards of sustainability.
| Calvert Global Alternative Energy Fund at a Glance | |
|---|---|
| Objective | Long-term growth of capital by investing at least 80% of its net assets in equity securities of companies involved in alternative energy |
| Strategy | Combination of quantitative and fundamental investment processes |
| Cap Size | All-market-cap |
| Geography | U.S. and non-U.S. companies |
| Benchmark | Ardour Composite Global Alternative Energy IndexSM |
| Portfolio Managers | Jens Peers, Treasa Ni Chonghaile, and Colm O’Connor of sub-advisor Kleinwort Benson Investors International Ltd. |
| Share Classes | A, C and I |
For more details, click here for a complete fund profile.
A Word on the Risks
Keep in mind that Calvert Global Alternative Energy Fund is subject to the risk that stocks that comprise the energy sector may decline in value, and the risk that prices of energy (including traditional sources such as oil, gas or electricity) or alternative energy may decline. The stock markets in which the Fund invests may also experience periods of volatility and instability. In addition, shares of the companies involved in the energy industry have been more volatile than shares of companies operating in other, more established industries. Consequently, the Fund may tend to be more volatile than other mutual funds. Lastly, foreign investments involve greater risks than U.S. investments, including political and economic risks and the risk of currency fluctuations.
For more information on any Calvert fund, please contact Calvert at 800.368.2748 for a free prospectus and/or summary prospectus. An investor should consider the investment objectives, risks, charges, and expenses of an investment carefully before investing. The summary prospectus and prospectus contain this and other information. Read them carefully before you invest or send money.
Calvert mutual funds are underwritten and distributed by Calvert Distributors, Inc., a member of FINRA and subsidiary of Calvert Group, Ltd., #10558 (11/10)