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Corporate Social Responsibility
News
1.09.2004 ET
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CSR News from:
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News Category:
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Winslow Green Growth Fund Finishes 2003 Among Small-Cap Growth Leaders
(CSRwire) BOSTON, MA – Winslow Management Company announced today that
the Winslow Green Growth Fund (WGGFX) finished 2003 with a return of
+91.74%, which places the fund among the leading small-cap growth funds
for the year.
For the one-year period ended December 31, the Fund ranks #2 out of 483
small-cap growth funds, based on total returns, according to Lipper, Inc.
Overall, small-cap growth funds had an average return of +44.77% for the
year.
WGGFX surpassed the returns of its benchmarks, the Russell 2000 Growth
Index, which finished the year with a +48.54% gain, and the Russell 2500
Index, which gained +45.51% for the year. The S&P Index finished the year
with a +28.68% gain, while the Nasdaq Composite Index finished 2003 up
+50.01% for the year.
“The overall performance of the Winslow Green Growth Fund during
2003 reinforced our belief that environmental performance is tied to a
company’s overall financial performance,” said President and
lead Portfolio Manager Jackson W. Robinson. “We have found that
companies that are environmentally responsible historically outperform
those that are not.”
As of December 31, the Fund’s average annual returns are +91.74% for
one-year, +23.00% for five years and +20.15% since inception on May 3,
1994. As always, past performance is not predictive and is not a
guarantee of future results.*
The top 10 holdings in the fund as of Dec. 31, 2003 included: Chiquita
Brands Int., Inc. (CQB), Staar Surgical Co. (STAA), Surmodics (SRDX),
Polymedica (Ticker symbol: PLMD), Dot Hill System Corp. (HILL), Whole
Foods Market Inc. (WFMI), Flamel Technologies, S.A. (FLML), and Harris
Interactive (HPOL), Quantum Fuel Systems (QTWW), Ionics, Inc. (ION).
The Winslow Green Growth Fund is an aggressive growth equity portfolio
seeking above-average performance and long-term capital appreciation
through environmentally responsible investing. The Fund invests primarily
in domestic securities of small- and mid- cap companies that Winslow
believes are reasonably priced and demonstrate potential for superior
growth. The Winslow Green Growth Fund is a no-load, open-end mutual fund
for individuals and institutions seeking an investment that reflects their
environmental commitment. The Fund is available through the following
no-transaction-fee platforms: Schwab’s Mutual Fund OneSource®,
Fidelity’s FundsNetwork and TD Waterhouse Mutual Fund Network.
Winslow Management Company (www.winslowgreen.com) seeks to
invest in high growth and environmentally proactive and environmentally
sensitive companies. From its inception in 1984, Winslow has been
investing the assets of high-net-worth individuals, non-profit
institutions, and pension funds in growth companies that are
environmentally sensitive. Its products and services include: The Winslow
Green Growth Fund, an aggressive equity growth fund open to individual and
institutional investors; The Green Century Balanced Fund**, to which it is
the subadviser; individual portfolio management for high-net-worth
individuals and institutions, and a hedge fund that is open to qualified
clients. Based in Boston, Winslow manages assets totaling approximately
$200 million as of 12/31/03.
*Past performance is no guarantee of future returns. Market
volatility can significantly affect short-term performance. Results of an
investment made today may differ substantially from the Fund’s
historical performance. For the most recent month end performance,
please call (888) 314-9049 or visit the Fund’s Web site at www.wggf.com. Investment
return and principal value will fluctuate so that shares, when redeemed,
may be worth more or less than original cost. The Fund’s return
assumes the reinvestment of dividend and capital gain distributions. For
the period reported, some of the Fund’s fees were waived or expenses
reimbursed; otherwise, total return would have been lower.
The Fund invests in small- and medium- sized companies which pose
greater risks than those associated with larger, more established
companies. Forum Fund Services, LLC is the distributor for the
Winslow Green Growth Fund. For additional information about this Fund,
including fees and expenses, request a prospectus by calling 888-314-9049.
Please read the prospectus carefully before investing.
The Russell 2500 Index is a market capitalization-weighted index of 2500
stocks. The Russell 2000 Growth Index measures the performance of Russell
2000 companies with high price-to-book ratios and high forecasted growth
values. The S&P 500 Index is a broad-based, unmanaged measurement of
changes in stock market conditions based on the average of 500 widely held
common stocks. The Nasdaq Composite index is an unmanaged index
representing the market cap weighted performance of approximately 5,000
domestic common stocks traded on the Nasdaq exchange. No one can invest
directly in an index. The Lipper averages and rankings are compiled by
Lipper, Inc., an independent mutual fund research and rating service.
Lipper ranks funds in various fund categories by making comparative
calculations using total returns and each Lipper average represents a
universe of funds that are similar in investment objective. .
Prior to April 1, 2001, the Adviser managed a common trust fund with an
investment objective and investment policies that were, in all material
respects, equivalent to those of the Fund. The Fund’s performance
for periods before April 1, 2001 is that of the common trust fund and
reflects the expenses of the common trust fund. If the common trust
fund’s performance had been readjusted to reflect the estimated
expenses of the Fund for its first fiscal year, the performance would have
been lower. The common trust fund was not registered under the Investment
Company Act of 1940 (“1940 Act”) and was not subject to
certain investment limitations, diversification requirements, and other
restrictions imposed by the 1940 Act and the Internal Revenue Code, which,
if applicable, may have adversely affected its performance. 1/04
** For a free prospectus with more complete information, including fees
and expenses, please call 1-800-93-GREEN or visit www.greencentury.com.
Please read the prospectus carefully before you invest or send money.
Like all funds invested in stocks, the Green Century Balanced Fund’s
share price will fluctuate daily depending on the performance of the
companies that comprise the Fund’s investments. The universe of
securities that the Fund may invest in is more limited compared to those
of funds that don’t apply any environmental criteria. Under certain
economic conditions, that means the Fund’s performance could be
better or worse than the market as a whole.
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