October 09, 2008
Calvert Adds Global Water Fund to Series of SRI Portfolios
by Robert Kropp
Anticipating need for $1 trillion investments annually, sustainable investors see water as key
Calvert Group, an investment management firm
with over $14 billion in assets under management, has launched its latest SRI mutual fund. The
Calvert Global Water Fund invests in utility, infrastructure, and technology companies that manage
It is estimated that investments of $1
trillion a year in existing water technologies will be needed to meet demand for all water uses
through 2030. Calvert maintains that dwindling supply and increasing demand, along with more
stringent regulation and technological improvements, make a compelling case for water investments.
Increased commitment to wastewater recycling, the need to update an aging water
infrastructure, and improvements in filtration technologies are among the forces driving interest
in investing in water.
The Calvert Global Water Fund will invest in US and foreign
companies whose main businesses are significantly involved in the water sector.
Historically, the water sector has had attractive risk/return investment characteristics.
Currently, world-wide investments in water-related mutual funds and exchange-traded funds are over
The water fund brings the number of SRI funds managed by Calvert to 22, with
approximately $6 billion in assets.
SRI World Group, Inc. All Rights Reserved.