S-Network Launches Suite of Responsible Indexes for Calvert Investments
S-Network Global Indexes commenced live calculation for Calvert Investment’s new indexes under the Calvert Responsible Index series. The suite includes:
Calvert U.S. Large Cap Core Responsible Index (Ticker: CALCOR)
Calvert U.S. Large Cap Growth Responsible Index (Ticker: CALGRO)
Calvert U.S. Large Cap Value Responsible Index (Ticker: CALVAL)
Calvert applies its Principles of Responsible Investment to the S-Net 1000 US Large Cap Index (Ticker: SN1000) to define a subset of approximately 700 stocks that meet Calvert’s internationally recognized CSR standards. The resulting universe of stocks forms CALCOR, which employs a proprietary construction methodology to maintain high correlation and low tracking to the SN1000.
Said S-Network CEO Joseph LaCorte, “These indexes offer the very high responsible investment standards that have become synonymous with the Calvert Investments brand, together with solid index methodologies that emphasize diversification and sound investment principles.”
The indexes are used as underlying universes for index-based investment management solutions including mutual funds and separate accounts offered by Calvert Investments. Calvert is a pioneer and global leader in the responsible investment category, with over $13.5 billion in assets under management.
S-Network Global Indexes, Inc. is a publisher and developer of proprietary and custom indexes. Founded in 2005, S-Network publishes over 200 indexes, which provide the foundations for financial products with approximately $4.5 billion in assets under management.
Calvert U.S. Large Cap Core Responsible Index, Calvert U.S. Large Cap Growth Responsible Index and Calvert U.S. Large Cap Value Responsible Index are service marks of Calvert Investments, Inc. and have been licensed for use by S-Network Global Indexes, Inc. The S-Network Indexes are not sponsored, endorsed, sold or promoted by Calvert Investments and Calvert Investments makes no representation regarding the advisability of utilizing any S-Network Index or any S-Network service for any purpose
S-Network Global Indexes, Inc. is a publisher and developer of proprietary and custom indexes. S-Network began publishing indexes in 2006 and currently publishes over 300 indexes, which serve as the underlying portfolios for financial products with approximately USD 7 billion in assets under management. S-Network indexes, which are supported by a state-of-the-art technology platform, are known for their transparency and efficiency. More...