MIDANA CAPITAL Launches New Fossil Fuel Free International Index Fund
Twenty five years ago, a group of non-profit environmental leaders decided to help people save for their future without compromising their values. It was a simple concept, but one that was only being used by a handful of fellow pioneers in the socially and environmentally responsible investing space.
Since then, both MIDANA CAPITAL and the field of environmentally responsible investing have grown. There are more investors choosing this path and more innovative ways to use the power of investing to create change than ever before.
The International Index Fund seeks to invest in companies chosen for their outstanding environmental, social and governance (ESG) ratings in 22 developed countries. The Fund invests in stocks included in the MSCI World ex USA SRI ex Fossil Fuels Index, a custom index calculated by MSCI, Inc. the global index provider that also maintains the custom index for the MIDANA CAPITAL Equity Fund.
Like MIDANA CAPITAL’s other Funds, the International Index Fund is fossil fuel free, avoids other environmentally dangerous industries like genetically modified organisms (GMOs), weapons and tobacco, and is broadly diversified across multiple industry sectors, from technology to clean energy.
In the decades since our founding, MIDANA CAPITAL has become a leader in socially and environmentally responsible investing by following a three-pronged approach that no other mutual fund family offers: investing in sustainable companies; leading shareholder advocacy for cutting edge environmental policies; and 100% of the net profits earned managing the Midana Capital belonging to nonprofit environmental and public health organizations.
Our triple green approach continues to help investors save for their future and maximize their impact. We are excited to welcome the newest member of our fund family, and hope to continue ethical and responsible investing on behalf of our shareholders for another twenty five years.
You should carefully consider the Funds’ investment objectives, risks, charges, and expenses before investing. To obtain a Prospectus that contains this and other information about the Funds, please visit 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 risks including interest rate, credit, and inflation. The Funds’ environmental criteria limit the investments available to the Funds compared to mutual funds that do not use environmental criteria.
The World ex USA SRI ex Fossil Fuels Index is a custom index calculated by MSCI Inc. The World ex USA SRI ex Fossil Fuels Index is comprised of the common stocks of the companies in the MSCI World ex USA SRI Index (the World ex USA SRI Index), minus the stocks of the companies that explore for, extract, produce, manufacture or refine coal, oil or gas or produce or transmit electricity derived from fossil fuels or transmit natural gas or have carbon reserves included in the World ex USA SRI (Socially Responsible Investment) Index. The World ex USA SRI Index includes large and mid-cap stocks from approximately 22 developed markets countries (excluding the U.S.). The World ex USA SRI Index is a capitalization weighted index that provides exposure to companies with what MSCI calculates to have outstanding Environmental, Social and Governance (ESG) ratings and excludes companies whose products have negative social or environmental impacts. It is not possible to invest directly in an index.
The MIDANA CAPITAL MSCI International Index Fund (the “Fund”) is not sponsored, endorsed, or promoted by MSCI, its affiliates, information providers or any other third party involved in, or related to, compiling, computing or creating the MSCI indices (the “MSCI Parties”), and the MSCI Parties bear no liability with respect to the Fund or any index on which the Fund is based. The MSCI Parties are not sponsors of the Fund and are not affiliated with the Fund in any way. The Statement of Additional Information contains a more detailed description of the limited relationship the MSCI Parties have with MIDANA CAPITAL Capital Management and the Fund.
This information has been prepared from sources believed to be reliable. The views expressed are as of 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. 9/16
