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Corporate Social Responsibility
News
11.05.2007 - 08:15am ET
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Winslow Announces November 1st Launch Of The Winslow Green Solutions(TM) Fund
New environmentally focused mutual fund expects to focus on mid-sized growth companies; Winslow now offers two funds for investors seeking growth from green companies & markets
(CSRwire) November 5, 2007 - Winslow Green Mutual Funds, a pioneer in the field of
green investing, today announced the November 1st launch of the Winslow
Green Solutions Fund. This new fund joins the well-established Winslow
Green Growth Fund in offering investors the opportunity to invest in the
green business revolution.
The Winslow Green Solutions Fund expects to invest globally in companies
of varying sizes that derive their primary revenue from green products or
services. The Fund expects to focus on mid-sized growth companies between
$1B and $10B in market capitalization.
The adviser, Winslow Management, has offered a similar Green Solutions
strategy to Winslow's institutional clients since October 2003. Winslow's
approach within this strategy over time has been to buy and hold the
companies that, in its view, are true leaders in various established green
markets, such as solar & wind power, natural / organic food, or recycling,
as well as in newer markets such as energy demand management. (Past
performance of this strategy is not indicative of future results for the
Fund.)
The Fund's lead portfolio manager, Matthew Patsky, has over 20 years of
green investment experience and is a recognized expert in the field. In
addition to his years of green portfolio management experience, he covered
green companies as an equity analyst for 15 years starting in the
late-1980s, and authored the first report on socially responsible
investing ever published by an investment bank in 1994.
"We are excited about the launch of our second mutual fund, at a time when
demand for green products and services is growing rapidly," said Patsky.
"Concepts like clean energy and natural foods are no longer just exciting
ideas for the future - they are driving legitimate, multi-billion dollar
growth markets today. And we see the potential for growth in these
markets to accelerate even further."
At a time when many companies and investments products are launching or
rebranding themselves as "green", Winslow continues to demonstrate the
value of experience, patience and careful stock selection in building a
successful track record in green investing. Winslow also offers the
Winslow Green Growth Fund, which has firmly established itself as a leader
within the small cap growth category, earning a 5-Star overall Morningstar
Rating(TM) as of 9/30/07 (among 656 funds in the small growth category;
overall Morningstar Rating is derived from a weighted average of
risk-adjusted performance figures associated with its 3- and 5- year
Morningstar Rating metrics.* Past performance is not indicative of future
results.)
"The launch of the Winslow Green Solutions Fund represents, among other
things, the evolution of green markets over time," said Jack Robinson,
President of Winslow Management Company. "Once green markets were entirely
populated by small start-up companies, but many leading green companies in
these markets are now succeeding and have grown significantly. A
small-company investment strategy can no longer capture the full range of
growth opportunities."
The Winslow Green Solutions Fund will be available as a direct investment
and through a number of brokerage platforms.
Winslow Management Company, LLC, headquartered in Boston, MA is an
SEC-registered investment advisory firm that specializes in green
investing. With more than $500 million in assets under management for
individuals and institutions, Winslow has been a pioneer in the field of
green investing since 1983. For more information about Winslow, please
call 1-866-804-5414, or visit www.winslowgreen.com.
In connection with the Winslow Green Mutual Funds, investors should
call (888) 314-9049 to request a prospectus that includes investment
objectives, risks, fees, expenses and other information that they should
read carefully and consider carefully before investing. Distributed by
Foreside Fund Services, LLC.
The Funds invest in small and medium capitalization companies, which
present greater risks than larger companies due to limited product lines,
markets, and financial or managerial resources. The Winslow Green
Solutions Fund invests in foreign securities, which present increased risk
over U.S. investments in the form of currency fluctuation; different
regulation, accounting standards, trading practices and levels of
available information; generally higher transaction costs; and political
risks.
*For funds with at least a three-year history, a Morningstar Rating(TM) is
based on a risk-adjusted return measure (including the effects of sales
charges, loads, and redemption fees) with emphasis on downward variations
and consistent performance. The top 10% of funds in each category receive
5 stars, the next 22.5% 4 stars, the next 35% 3 stars, the next 22.5% 2
stars and the bottom 10% 1 star. Each share class is counted as a fraction
of one fund within this scale and rated separately. The Morningstar
Rating(TM) is for the Investor Share class only, other share classes may
have different performance characteristics. The Winslow Green Growth Fund
was rated against 656 and 548 U.S.-domiciled small growth funds over the
three-year and five-year periods ended 9/30/07, respectively. The Fund
received a Morningstar Rating(TM) of 4 stars and 5 stars for the 3- and
5-year periods, respectively. ©2007 Morningstar, Inc. All Rights
Reserved. The information herein: (1) is proprietary to Morningstar and/or
its content providers; (2) may not be copied or distributed; and (3) is not
warranted to be accurate, complete or timely. Neither Morningstar nor its
content providers are responsible.
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