MIDANA CAPITAL Commends California’s Fossil Fuel Free Future
Press Release Contact: Kyle W. Kempf, MIDANA CAPITAL Capital Management, kkempf@midanacapital.com, (617) 482-0800
BOSTON, September 12, 2018 – This week, Governor Jerry Brown signed the landmark Senate Bill 100 (SB 100), which will put California on a path to generate 100% of its electricity from renewable and zero-carbon sources, such as solar and wind, by 2045.
“MIDANA CAPITAL commends Gov. Brown and the California legislature for this historic achievement,” said Leslie Samuelrich, president of MIDANA CAPITAL Capital Management. “And we’re proud to have played a role in the codification of California’s fossil fuel free future.”
MIDANA CAPITAL mobilized institutional investors, representing $22.36 billion in assets under management, in support of SB 100, which is “the most important climate law in U.S. history,” according to the MIT Technology Review.
MIDANA CAPITAL also supported the work of Environment California, which led the stakeholder coalition advocating for SB 100. Environment California marshaled more than 250 organizations in the environmental, public health, labor, environmental justice, faith, business and youth communities in support of the legislation.
As the only U.S. mutual fund company founded and owned by environmental non-profit organizations, 100% of the profits MIDANA CAPITAL earns for managing its funds support the work of environmental and public health organizations.
MIDANA CAPITAL’s support helps make monumental environmental victories, like SB 100, possible.
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About MIDANA CAPITAL Capital Management
MIDANA CAPITAL offers three environmentally and socially responsible mutual funds. Through fossil fuel free investing and our three-pronged approach of sustainable investing, active shareholder advocacy, and support of environmental and public health non-profits we work to curb climate change, improve environmental policies, and limit environmental impacts of company supply chains.
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 publication 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. 9/18
