Calvert Social Index Announces New Membership List.BETHESDA, Md. -- Today, Calvert released the reconstituted membership list for 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 [R]. The new list of holdings will be available on Monday, September 24 on Calvert's Web site at http://calvert.com/sri_calvertindex.html. The annual Calvert Social Index reconstitution is effective at the close of business today. The reconstitution has produced 637 component companies. The new Index will have an average market capitalization Market Capitalization A measure of a public company's size. Market capitalization is the total dollar value of all outstanding shares. It's calculated by multiplying the number of shares times the current market price. This term is often referred to as market cap. of approximately $13.27 billion. As of September 19, 2007, the four largest sectors in the new Calvert Social Index are Information Technology followed by Financials, Health Care, and Consumer Discretionary. [TABLE OMITTED] [TABLE OMITTED] Calvert Social Index Construction The Calvert Social Index is created by taking the 1,000 largest companies in the U.S., representing stocks listed on the NYSE NYSE See: New York Stock Exchange and NASDAQ-AMEX (not including closed-end mutual funds, ADRs, REITS REITS Real Estate Investors of the Tri-States (Harrison, TN) , and non-common shares), and ranks them in descending order based on their market capitalization. Calvert's Social Research Department analyzes each company in the base of 1,000 companies. A social audit is conducted in the following areas: governance and ethics, workplace practices, environment, product safety and impact, community relations 1. The relationship between military and civilian communities. 2. Those public affairs programs that address issues of interest to the general public, business, academia, veterans, Service organizations, military-related associations, and other non-news media entities. , military weapons contracting, international operations Internal Operations (I.O., IO or I/O) is a fictional American Intelligence Agency in Wildstorm comics. It was originally called International Operations. I.O. first appeared in WildC.A.T.S. volume 1 #1 (August, 1992) and was created by Brandon Choi and Jim Lee. and human rights, and respecting the rights of indigenous peoples The term indigenous peoples has no universal, standard or fixed definition, but can be used about any ethnic group who inhabit the geographic region with which they have the earliest historical connection. . The stocks that meet Calvert's social criteria make up the Calvert Social Index. The Calvert Social Index includes companies that stand out positively for their environmental policies, actively hire and promote minorities and women, provide a safe and healthy workplace, and produce safe and healthy products. Calvert Social Index avoids companies involved with tobacco, firearms, alcohol, gambling, or nuclear power. Please visit Calvert's website at http://calvert.com/sri_647.html for more information on our screening criteria. About Calvert Calvert is one of the largest mutual fund complexes in the Washington D.C. area, with over $15 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. among 42 mutual fund portfolios. Best known for its family of socially responsible mutual funds, Calvert has a full line of funds that allows individual and institutional investors to pursue a broad range of investment objectives within a single fund family. Calvert launched the Calvert Social Index[R], the broadest-based, most transparent benchmark in the marketplace for measuring the performance of large, U.S.-based socially responsible companies. Calvert also has an extensive lineup of tax-free and taxable fixed-income investments. 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. Calvert mutual funds are underwritten and distributed by Calvert Distributors, Inc., member FINRA FINRA Financial Industry Regulatory Authority (formerly Securities Industry Regulatory Authority) , a subsidiary of Calvert Group, Ltd. #7334 (09/07) |
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