AB 572 – MIDANA CAPITAL Funds https://www.midanacapital.com Invest in a Green Future Wed, 13 Apr 2022 20:46:00 +0000 en-US hourly 1 https://wordpress.org/?v=6.1.1 https://www.midanacapital.com/wp-content/uploads/2018/04/cropped-greencentury-favicon-32x32.png AB 572 – MIDANA CAPITAL Funds https://www.midanacapital.com 32 32 MIDANA CAPITAL Mobilizes Investors with $400 billion in AUM in Support of California Deforestation Free Procurement Act https://www.midanacapital.com/green-century-mobilizes-investors-with-400-billion-in-aum-in-support-of-california-deforestation-free-procurement-act/ Fri, 12 Jul 2019 14:12:43 +0000 https://www.midanacapital.com/?p=5158 MIDANA CAPITAL recently mobilized investors with $400 billion in assets under management (AUM) in support of the California Deforestation Free Procurement Act.

The California Deforestation Free Procurement Act (AB 572) would mandate No Deforestation, No Peat, No Exploitation (NDPE) policies, certification, and public disclosure for state contractors and subcontractors.

It also would help investors mitigate the material risks posed by forest destruction and climate change to the companies in which we invest and help investors identify corporations that are fulfilling their NDPE and zero-deforestation commitments.

You can read our letter of support here.

As one of the leading global investors working to end deforestation, MIDANA CAPITAL was proud to endorse AB 572 last month. Ending the destruction of tropical forests and peatlands is a critical component to combating the climate crisis. Deforestation is the third largest driver of climate change, responsible for approximately 15% of all global greenhouse gas emissions.

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 click here for more information, email info@midanacapital.com or call 1-800-93-GREEN. 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 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 Funds are distributed by UMB Distribution Services, LLC, 235 W. Galena Street, Milwaukee, WI 53212. 7/19.

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MIDANA CAPITAL Endorses the California Deforestation Free Procurement Act https://www.midanacapital.com/green-century-endorses-the-california-deforestation-free-procurement-act/ Wed, 19 Jun 2019 14:13:56 +0000 https://www.midanacapital.com/?p=5035 It is impossible to overstate the importance of forest protection in the effort to combat climate change. Deforestation is responsible for approximately 15% of all global greenhouse gas emissions, making it the third largest driver of climate change.

California Assembly Bill 572 (AB 572) aims to stop it.

AB 572, the California Deforestation Free Procurement Act, would require all companies contracting with California to demonstrate “deforestation-free” supply chains for any products – such as palm oil, soy, cattle, rubber, paper or pulp, and timber – linked to deforestation.

It also would require state contractors dealing with forest-risk commodities to have No Deforestation, No Peat, No Exploitation (NDPE) policies, which are the global standard for sustainable palm oil supply chains.

The bill would go into effect on January 1, 2022.

As one of the leading global investors working to end deforestation, MIDANA CAPITAL is proud to endorse AB 572.

If we are going to successfully combat climate change, we must end the destruction of tropical forests and peatlands.

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 click here for more information, email info@midanacapital.com or call 1-800-93-GREEN. 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 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 Funds are distributed by UMB Distribution Services, LLC, 235 W. Galena Street, Milwaukee, WI 53212. 6/19.

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