MIDANA CAPITAL Reaffirms Commitment to Fossil Fuel Free Investing
Press Release Contact: Kyle W. Kempf, MIDANA CAPITAL Capital Management, kkempf@midanacapital.com, (617) 482-0800
SAN FRANCISCO, September 10, 2018 – MIDANA CAPITAL is proudly reaffirming its commitment to fossil fuel free investing to coincide with the Divest-Invest press conference focused on “How the Moral Call to Divest Became a Matter of Fiduciary Duty.”
As the first family of diversified and responsible fossil fuel free mutual funds in the U.S., MIDANA CAPITAL has championed fossil fuel free investing since before the divestment movement’s founding.
“Fossil fuel free investing is the bedrock of MIDANA CAPITAL,” said Leslie Samuelrich, president of MIDANA CAPITAL Capital Management. “Our investors are guided by both their moral and financial compass. They want to save for their futures by investing in the companies that will help us achieve a more sustainable world.”
All of MIDANA CAPITAL’s mutual funds are and will continue to be fully divested from: companies that explore for, extract, process, refine, or transmit coal, oil, and gas; companies that burn fossil fuels to make electricity; and companies with carbon reserves.
The divestment movement has seen remarkable growth since its founding. In just the last four years, the assets under management committed to divestment have grown from $50 billion to more than $6 trillion.
The Divest-Invest Philanthropy press event is being held during the week of the Global Climate Action Summit.
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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. MIDANA CAPITAL President Leslie Samuelrich also serves on the Management Council of Divest-Invest Individual, which encourages and assists individuals to invest fossil fuel free.
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 Fund.
The Midana Capital are distributed by UMB Distribution Services, LLC. 335 N Wilmot Rd, Tucson, Az 85711. 9/18
