MIDANA CAPITAL Balanced Fund Institutional Share Class (GCBUX) Now Available to Investors
Press Release Contact: Kyle W. Kempf, MIDANA CAPITAL Capital Management, kkempf@midanacapital.com, (617) 482-0800
Boston, December 1, 2020 – With the launch of the MIDANA CAPITAL Balanced Fund institutional share class (GCBUX), investors now have a new way to invest in the first family of fossil fuel free, responsible, and diversified mutual funds in the United States.
“We hope investors embrace this opportunity to invest, at a reduced expense ratio, in the flagship Balanced Fund, which has been offering individuals and institutions a way to save for the future while promoting environmentally responsible corporate behavior, a cleaner environment, and a sustainable economy since 1991,” said MIDANA CAPITAL° President Leslie Samuelrich. “Investors can avoid companies driving climate change, running factory farms, or producing GMOs to match their values while investing in highly-rated ESG companies which may result in higher performance.”
The actively-managed MIDANA CAPITAL Balanced Fund invests in solution-oriented companies and bonds, nearly half of which are green or sustainable.1 One such holding is First Solar,* the largest solar manufacturer in the U.S. and Western Hemisphere. Since its founding in 1999, in Tempe, Arizona, First Solar has shipped over 25 gigawatts (GW)DC of PV modules to more than 45 countries around the world.
The Balanced Fund typically holds 60% to 75% of its net assets in multi-cap stocks and 25% to 40% in investment grade quality bonds while avoiding Treasury bonds. Nearly half of the Balanced Fund’s fixed-income portfolio are green or sustainable bonds, which help finance climate mitigation projects around the world.
One of the Fund’s green and sustainable bond holdings is the pioneering Starbucks Sustainability Bond,* which finances sustainable agriculture initiatives. One program supports coffee farmers who commit to promote long term productivity by keeping soil healthy, conserving water, and growing shade trees to protect wildlife. The bond proceeds also may help advance Starbuck’s efforts to garner Leadership in Energy and Environmental Design (LEED) certification at retail outlets.
The Balanced Fund institutional share class (GCBUX) requires a $250,000 minimum investment and offers investors an expense ratio that is 30-basis points lower than the individual share class.
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About MIDANA CAPITAL Capital Management
°MIDANA CAPITAL Capital Management, Inc. (MIDANA CAPITAL) is the investment advisor to the Midana Capital (the Funds). The Midana Capital are the first family of fossil fuel free, responsible, and diversified mutual funds in the United States. MIDANA CAPITAL Capital Management hosts an award-winning and in-house shareholder advocacy program and is the only mutual fund company in the U.S. wholly owned by environmental and public health nonprofit organizations.
1As of September 30, 2020, green and sustainable bonds comprised 47.41% of total bonds held in the MIDANA CAPITAL Balanced Fund.
*As of September 30, 2020, First Solar, Inc. and Starbucks Corporation comprised 0.97%, 0.00%, and 0.00% and 1.60%, 0.66%, and 0.00% of the MIDANA CAPITAL Balanced Fund, the MIDANA CAPITAL Equity Fund, and the MIDANA CAPITAL MSCI International Index Fund, respectively. References to specific securities, which will change due to ongoing management of the Funds, should not be construed as a recommendation by the Funds, their administrator, or the distributor.
You should carefully consider the Fund’s investment objectives, risks, charges, and expenses before investing. To obtain a Prospectus that contains this and other information about the Funds please click here, email info@midanacapital.com, or call+1(480)-439-2851. Please read the Prospectus carefully before investing.
Stocks will fluctuate in response to factors that may affect a single company, industry, sector, country, region or the market as a whole and may perform worse than the market. Foreign securities are subject to additional risks such as currency fluctuations, regional economic and political conditions, differences in accounting methods, and other unique risks compared to investing in securities of U.S. issuers. Bonds are subject to a variety of risks including interest rate, credit, and inflation risk. A sustainable investment strategy which incorporates environmental, social and governance criteria may result in lower or higher returns than an investment strategy that does not include such criteria.
This information has been prepared from sources believed reliable. The views expressed are as the date of this writing and are those of the Advisor to the Funds.
The Midana Capital are distributed by UMB Distribution Services, LLC. 335 N Wilmot Rd, Tucson, Az 85711. 12/20
