Calvert Appoints Dr. Julie Gorte as Vice President, Chief Social Investment Strategist.BETHESDA, Md. -- Calvert, the nations' largest family of socially responsible mutual funds, announced the appointment of Dr. Julie Gorte to the position of Vice President, Chief Social Investment Strategist. The creation of this new role at Calvert reflects the growing interest in social investing social investing Limiting one's investment alternatives to securities of firms whose products or actions are considered socially acceptable. For example, an investment manager might decide to eliminate from consideration the securities of all firms engaged among investor audiences, most notably the institutional investor marketplace. In this newly created role, Dr. Gorte will provide analysis and commentary on emerging issues in social investing and the intersection of social and financial research. Dr. Gorte will report to Calvert's Chief Investment Officer of Equities, Steve Falci. "I look forward to working with Dr. Gorte and leveraging her vast experience in social research and analytical skills to articulate the investment implications of social, environmental and corporate governance factors," said Mr. Falci. "It is my belief that Calvert can further develop and advance the field of social investing by continuing to develop innovative approaches that integrate financial and social metrics," he added. Dr. Gorte was previously Director of the Calvert Social Research Department, where she managed Calvert's team of expert analysts charged with evaluating corporate performance on social and environmental issues and shareholder advocacy for Calvert's socially screened mutual funds. Calvert will commence a search immediately for a Senior Vice President of Social Research and Policy. Before she joined Calvert in 2000, Dr. Gorte served in several public policy and nonprofit positions dealing with science and technology policy, environmental policy, industrial competitiveness, and workplace policy. These positions include serving as senior policy analyst for the Northeast-Midwest Institute, Program Manager for Technology Analysis at the Environmental Protection Agency's Climate Policies and Programs Division, Vice President for Ecological and Economics Research at The Wilderness Society, and nearly 14 years' service at the Congressional Office of Technology Assessment. Dr. Gorte is a member of the board of directors of the Coalition for Environmentally Responsible Economies The Coalition for Environmentally Responsible Economies is a nonprofit better known as CERES (pronounced "series") based in Boston, Massachusetts. Their motto is "Investors and environmentalists for sustainable prosperity." External links
Ceres (sîr`ēz), in astronomy, a dwarf planet, the first asteroid to be discovered. It was found on Jan. 1, 1801, by G. Piazzi. ) and a member of the board of directors of the Center for a New American Dream The Center for a New American Dream is a non-profit organization based in Takoma Park, Maryland, on the border of Washington, DC. A primary focus of New American Dream is promoting sustainable consumption. . She received her M.S. and Ph.D. in Resource Economics from Michigan State University Michigan State University, at East Lansing; land-grant and state supported; coeducational; chartered 1855. It opened in 1857 as Michigan Agricultural College, the first state agricultural college. , and graduated Magna Cum Laude with a B.S. in Forest Management from Northern Arizona University Northern Arizona University (NAU) is a public university in Flagstaff, Arizona in the United States. As of Fall 2007, the university has 21,352 students, 13,989 of these are situated in the main Flagstaff campus<ref name="Enrollment" />. . Based in Bethesda, Maryland, Calvert is best known as a leader in the field of social investing. Founded in 1976, today Calvert manages thirty-three funds with over $10 billion in assets under management Assets Under Management (AUM) is a term used by financial services companies in the mutual fund and money management or investment management business to gauge how much money they are managing. . In 2000, Calvert created the Calvert Social Index The Calvert Social Index is a stock market index created by the Calvert Group as a benchmark of large companies that are considered socially responsible or ethical. It currently consists of 468 companies, weighted by market capitalization, selected from approximately 1,000 of the (TM), a benchmark for measuring the performance of large, U.S.-based socially responsible companies. For more information on Calvert and its products and services, go to www.calvert.com. For more information on any Calvert fund, please contact Calvert at 800-368-2748 for a free prospectus. An investor should consider the investment objectives, risks, charges, and expenses of an investment carefully before investing. The prospectus contains this and other information. Read it carefully before you invest or send money. May lose value. Not FDIC FDIC See: Federal Deposit Insurance Corporation FDIC See Federal Deposit Insurance Corporation (FDIC). Insured. No Bank Guarantee. Not NCUA/NCUSIF Insured. No Credit Union Guarantee. Calvert mutual funds are underwritten and distributed by Calvert Distributors Inc., member NASD NASD See: National Association of Securities Dealers NASD See National Association of Securities Dealers (NASD). , a subsidiary of Calvert Group, Ltd. (07/05, 5627) |
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