Calvert Investments announces new responsible indexes, index funds

By Lisa Kerner

Charlotte, N.C., Oct. 30 – Calvert Investments, Inc. introduced two new indexes in the Calvert Responsible Index Series: the Calvert Developed Markets Ex-U.S. Responsible Index and the Calvert U.S. Mid Cap Core Responsible Index.

The company also launched mutual funds that will track each of the two new indexes: the Calvert Developed Markets Ex-U.S. Responsible Index Fund and the Calvert U.S. Mid Cap Core Responsible Index Fund, according to a news release.

Calvert said the indexes are driven by its Calvert Research System, a proprietary research platform that synthesizes multiple sources of non-financial data, including environmental, social, and governance data. Analysts identify and weight the ESG factors within 156 sub-industries, then rate and rank every company to build the list of index constituents.

Calvert’s three other responsible index funds are the Calvert U.S. Large Cap Core Responsible Index Fund, Calvert U.S. Large Cap Growth Responsible Index Fund and Calvert U.S. Large Cap Value Responsible Index Fund.

Calvert is a Bethesda, Md.-based investment management company that uses sustainability as a platform to create value for investors.

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