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Calvert Funds Available as Options in New Illinois 529 College Savings Plan.


BETHESDA, Md. -- Calvert announced today that two of its mutual funds -- the Calvert Social Investment Fund Equity Portfolio and the Calvert Income Fund -- are available as investment options in the Bright Directions College Savings Program. Launched in November, Bright Directions is a "Section 529" college savings offered by the office of Illinois State Treasurer Noun 1. state treasurer - the treasurer for a state government
financial officer, treasurer - an officer charged with receiving and disbursing funds
 Judy Baar Topinka Judy Baar Topinka (born January 16, 1944) was the Illinois State Treasurer (from 1995-2007) and former chairman of the Republican Party of Illinois. She was the first woman to become state treasurer, first to be elected to three consecutive terms, was the first Republican to hold . The program is available only through brokers and fee-based advisors and will be administered by Union Bank and Trust of Lincoln, Nebraska The City of Lincoln is the capital and the second most populous city of the U.S. state of Nebraska. Lincoln is also the county seat of Lancaster County and the home of the University of Nebraska. . E[acute accent acute accent
n.
A mark (´) indicating:
a. that a vowel is close or tense, as é in French été.

b. that a vowel or syllable has a high or rising pitch, as in Chinese or Ancient Greek.

c.
]"We are pleased that the State of Illinois is including both our flagship equity and fixed income fund in their college savings plan," said Craig Cloyed, President of Calvert Distributors, Inc. He added, "The College Savings Plan market is a great way for us to introduce our funds to more financial professionals and investors nationally." E[acute accent]Calvert Funds are options in other college savings plans. In 2002, several Calvert funds were added to the Pennsylvania 529 College Savings Plan. In 2003, Calvert became program manager to the District of Columbia District of Columbia, federal district (2000 pop. 572,059, a 5.7% decrease in population since the 1990 census), 69 sq mi (179 sq km), on the east bank of the Potomac River, coextensive with the city of Washington, D.C. (the capital of the United States).  College Savings Plan, and several Calvert funds are options.

E[acute accent]About Calvert

E[acute accent]Calvert has been setting industry standards for asset management excellence for thirty years, in both the way we serve our clients' interests and how we select companies for our portfolios. Today, more than 400,000 investors have over $11 billion in assets with us. Calvert offers a full family of 32 equity, fixed income, and money market mutual funds as well as separate account products for institutional investors. 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. E[acute accent]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.

E[acute accent]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.

E[acute accent]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. (12/05, 5827)
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Copyright 2005, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Dec 22, 2005
Words:396
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