Premium Essay

Sri Funds

In:

Submitted By farhank
Words 1244
Pages 5
Calvert Social Index I Fund, Gabelli SRI Green Fund and Pax World Balanced Fund are all sustainable and responsible mutual funds that invest in Fords Motor Company and Kellogg Company. These companies meet the funds goals by qualifying for their screening criteria. All three funds have very diverse portfolios. Calvert Social Index I fund is a very respectful SRI fund and is described on socialfunds.com as “The Calvert Social Index Fund seeks to match the performance of the Calvert Social Index, which measures the investment return of large- and mid-cap stocks of companies that meet Calvert's social investment criteria.” Gabelli SRI Green Fund is described on socialfunds.com as “Fund will seek to achieve its objective by investing substantially all, and in any case, no less than 80% of its assets in common stocks and preferred stocks of companies that meet the Fund's guidelines for social responsibility at the time of investment.” Pax World Balanced Fund is described on socialfunds.com as “The Fund follows a Sustainable Investing approach and expects to invest approximately 60% of its assets in equity securities and 40% in debt securities.” All three funds have a core emphasis of generating returns by investing in sustainable and socially responsible companies. Ford Motor Company and Kellogg Company are both very noticeable companies grounded on their efforts of improving societies and being responsible. All three mutual funds pursue companies who are environmentally responsible and have a positive record. Fords Motor Company is concentrated on reducing and eliminating any environmental impairment because of the climate change. Ford is continuously working on methods to improve its products and plants to decrease emissions which are hurting the environment. Ford offer a model called “Fusion Hybrid” that runs partially on electric which help reduce air pollution.

Similar Documents

Free Essay

Sales Report

...Sum of Dispatch Qty Invoice Date Customer Name Ship-to Name Dec-15 Jan-16 Grand Total Arihant Trading Company (R) Arihant Trading Company (R) 88.93 90.49 179.42 Ashif Traders 13.17 13.17 Asif Traders 11.04 11.04 Balaji Developers 9.81 9.81 Overseas Packaging Insustries pvt Ltd 21.87 21.87 Pearl Enterprises 12.51 12.51 S.K Enterprise 9.45 9.45 S.K.Enterprise 10.74 10.74 SK Enterprise 43.46 43.46 Arihant Trading Company (R) Total 101.44 210.03 311.47 Brijeshkumar & Co. (R) Brijeshkumar & Co. (R) 23 23 Brijeshkumar & Co. (R) Total 23 23 Deccan Lime Company (R) Deccan Lime Company (R) 12.54 12.54 Deccan Lime Company. (R) 162.59 203.03 365.62 National Traders 12.72 12.72 Rainbow Marble House 11.1 11.1 Shree Mahavir Lime Depot 10.6 13.07 23.67 Sputnik Traders 35.23 35.23 Wonder Tiles 23.7 23.7 Deccan Lime Company (R) Total 185.73 298.85 484.58 Fazila Enterprises(R) Fazila Enterprises(R) 137.69 137.69 Fazila Enterprises(R) Total 137.69 137.69 Harish Enterprises Harish Enterprises 41.36 40.19 81.55 Harish Enterprises Total 41.36 40.19 81.55 Jaffer Enterprise (R) Asian Paint Ltd 11.75 11.75 Deep Traders 72.74 25.29 98.03 Maheshwari Marble 104.61 163.68 268.29 Palak Enterprises 23.41 23.41 Ramnath Adappa 19.36 19.36 Jaffer Enterprise (R) Total 200.76 220.08 420.84 Padmavati Corporation (R) Jai Gopal Krishna CHS Ltd 11.23 11.23 Mahalaxmi Traders 71.68 71.68 R.K.Stone 21.6 21.6 Padmavati Corporation (R)...

Words: 948 - Pages: 4

Premium Essay

Lok Pal Bill

...seeking the appointment of a Jan Lokpal, an independent body that would investigate corruption cases, complete the investigation within a year and envisages trial in the case getting over in the next one year. Drafted by Justice Santosh Hegde (former Supreme Court Judge and former Lokayukta of Karnataka), Prashant Bhushan (Supreme Court Lawyer) and Arvind Kejriwal (RTI activist), the draft Bill envisages a system where a corrupt person found guilty would go to jail within two years of the complaint being made and his ill-gotten wealth being confiscated. It also seeks power to the Jan Lokpal to prosecute politicians and bureaucrats without government permission. Retired IPS officer Kiran Bedi and other known people like Swami Agnivesh, Sri Sri Ravi Shankar, Anna Hazare and Mallika Sarabhai are also part of the movement, called India Against Corruption. Its website describes the movement as "an expression of collective anger of people of India against corruption. We have all come together to force/request/persuade/pressurize the Government to enact the Jan Lokpal Bill. We feel that if this Bill were enacted it would create an effective deterrence against corruption." Anna Hazare, anti-corruption crusader, went on a fast-unto-death in April, demanding that this Bill, drafted by the civil society, be adopted. Four days into his fast, the government agreed to set up a joint committee with an equal number of members from the government and civil society side to draft the Lokpal...

Words: 796 - Pages: 4

Free Essay

Portfolio Analysis

...Investment Policy Statement Investors Information Investor Profile 01 Name; Miss; H.A.Wanamali Birth Date; 31 May 1988 Relationship; Retail Investor Gender; Female Investor Profile 02 Name; Miss; W.D.D.M. Rathnasiri Birth Date; 19 Nov 1988 Relationship; Retail Investor Gender; Female Investor Profile 03 Name; Miss; P.D.S.S.Wetthesinghe Birth Date; 17 Oct 1988 Relationship; Retail Investor Gender; Female Statement of Objective Risk Aversion Our intention is gaining high return while controlling the risk level of the investment. Though the high return level implied the high tolerance for risk of investors, our objective is to maximize the return while minimizing the overall risk level of the investment to accomplish the maximized wealth. The major reason behind high level tolerance for risk is the return expected through the investment is high. Always we tried to maintain better relationship between the expected return and cost of investment. Except our main objective there are some co-objectives those are, * Mitigation of Risk To construct efficient and well diversified portfolio three persons are joined together through that we can manage and bear risk among us. On the other hand single marital status, young age and relax feeling of family responsibilities rub up the high tolerance level for risk. * Maintain an appropriate degree of portfolio diversification We will maintain efficient diversification portfolio at all time and it should be matches with the reasonable...

Words: 12575 - Pages: 51

Free Essay

1. Introduction Foreign Direct Investments (Fdi) Has Been Playing a Critical Role in the Sri Lankan Economy Since Last Four Decades. Similar to Many Developing Countries in the World, Sri Lanka Also Focuses on Seeking

...1. Introduction Foreign Direct Investments (FDI) has been playing a critical role in the Sri Lankan economy since last four decades. Similar to many developing countries in the world, Sri Lanka also focuses on seeking and attracting FDI through many public policy measures due to many positive sides of FDI. FDI could be defined as an international investment made by a resident entity in one economy (Direct Investor) with the objective of establishing a long term interest in an enterprise (the direct investment enterprise) resident in another economy (N. Samarappuli& G.C.R. Tharanga, (2009). While bringing foreign capital into the country, FDI supports economic growth by transferring knowledge, technology, managerial skills and best practices and creating employment opportunities (Dharma de Silva, 2011). When considering the Sri Lankan context, with the termination of three-decades lasing civil war, Sri Lanka is moving itself towards a faster economic growth reaching the upper-middle income status. With these objectives, the importance of attracting FDI has become a high priority of the Government’s strategies. The Sri Lankan Government has been adopting very liberal FDI policy in order to encourage and attract foreign investors into the country. As per the report on “Recent Economic Developments” published by the Central Bank of Sri Lanka (CBSL), net FDI has increased to USD 368 million during the first six months of 2012, compared to USD 364 million during the corresponding...

Words: 2374 - Pages: 10

Premium Essay

Elective Management

...innovative and market oriented academic body, committed to produce graduates who are armed with knowledge and skills to face the challenges of society and the industry. As a result of this multi disciplinary approach, in addition to a comprehensive academic program, the Department puts much emphasis on the practical training of undergraduates in the industry, encouraging and urging the students to participate in various workshops, guest lectures by eminent industry personnel and by themselves organize and carry out events such as the Inter School Business Cup. As such, the Department joins hands with private sector at the undergraduate level itself to conduct its activities and also solicits help from them to sponsor some of its activities where funds are not present. The Profile of Future Marketers Association (FMA) The Future Marketers Association (FMA) is a formally structured student body in the University of Kelaniya attached to the Department of Marketing Management nourished with a commendable history of 10 solid years. This students association was formed with the intention of nurturing innovative, self driven individuals and introducing them to the realities and challenges of the dynamic business environment. The Future Marketers Association gives great priority to enhancing the relationship between its...

Words: 1101 - Pages: 5

Free Essay

Un Intervention in Rwanda and Sri Lanka

...How has the United Nations performed as an agent of mediation and peace-brokering in ethnic conflicts? Answer with reference to the UN role in Rwanda and Sri Lanka. Dr. John O’ Brennan Founded in 1945 with lofty ambitions to advance prosperity and security in the world, the United Nations Organisation (UN) is best endowed to conduct preventive diplomacy by preventing disputes and conflicts arising from interstate and intrastate relationships. It may be argued that the UN currently possess the capability to prevent such conflicts and disputes from emerging and escalating into armed confrontation (Ododa Opiyo 2012:61). Having developed peacekeeping as a form of impartial interposition between belligerents during the Suez Crisis in 1956, the UN has continually broadened its sphere of action. The organisations first 15 years of activity entailed of 15 operations however, between 1988 and December 2012, the UN set up fifty-four such operations to restore or maintain peace. Those missions extended from “simple interposition, as in the case of UNIIMOG in 1988, to enforcement operations mandated by the UN Security Council in Resolutions 770 (1992) for the former Yugoslavia and 794 (1992) for Somalia” (Hatto 2013:497). These operations consisted of humanitarian assistance, election supervision, the repatriation of refugees, the disarmament, demobilisation and reintegration of former combatants, the restoration of a state's ability to maintain security out of respect for the rule of law...

Words: 3488 - Pages: 14

Premium Essay

Mobile Money

...Enabling Mobile Money Policies in Sri Lanka The Rise of eZ Cash Simone di Castri July 2013 4—5 GSMA — Mobile Money for the Unbanked Creating enabling mobile money policies in Sri Lanka: The rise of eZ Cash Introduction For the Central Bank of Sri Lanka (CBSL), 2012 was the culmination of a 5-year effort to establish an enabling regulatory framework for mobile money that opened the market to both bank and non-bank providers and extended services to Sri Lanka’s unbanked population. Marking this shift was the launch of eZ Cash, a new mobile money service that has signed up over 1 million customers in just one year. eZ Cash is operated by Dialog Axiata PLC (Dialog), a mobile network operator (MNO) that was awarded a licence to operate as a payment services provider following revisions to the central bank’s regulations.1 As Ajith Nivard Cabraal, Governor of the Central Bank of Sri Lanka, explains, “Achieving financial inclusion through progressive regulation and innovation has been a principal and consistent ethos of the Central Bank of Sri Lanka.” The Sri Lankan case offers important lessons for both regulators and MNOs working to achieve the dual objectives of financial inclusion and economic growth. Lessons for regulators: ■■ ■■ ■■ ■■ ■■ Enabling regulatory frameworks play a fundamental role in expanding the reach and improving the efficiency of the financial sector. Building an inclusive digital financial system requires a level playing field...

Words: 3255 - Pages: 14

Premium Essay

Cargills

...Sri Lanka | Beverage, Food & Tobacco Initiation of coverage EQUITY RESEARCH 19 December 2013 Cargills (Ceylon) PLC (CARG.N0000) A consumption play Cargills (Ceylon) PLC (CARG) is the largest organized food retailer by market capitalization listed on the Colombo Stock Exchange (CSE), and also manufactures a range of fast-moving consumer goods (FMCG) and operates a fast-food chain. The company is majority owned by its parent company CT Holdings PLC (CTHR), itself one of the largest traded conglomerates on the CSE. We expect the typical signs of consumption growth, such as rising GDP and private consumption expenditure, to support CARG’s revenue growth, at an 11.3% CAGR over FY14E-FY16E. We also forecast CARG’s EBIT margin to expand to 4.3% in FY16E from 4.1% in FY13. Margin development across all segments is likely to be tempered by persisting high operating costs, particularly electricity and fuel expenses, as well as currently underwhelming results from the brewery and biscuits businesses. CARG’s debt and gearing levels in the past three years have risen due to a string of acquisitions and investments to expand capacity of several product lines. Our SOTP and P/E analyses yield a valuation range of LKR110-149, compared with the share price of LKR149 as of 18 December 2013. We forecast revenue to post an 11.3% CAGR over FY14E-FY16E as consumption levels are set to improve. CARG’s revenue is likely to be driven by its retail segment, which we forecast to also grow at an 11.2% CAGR...

Words: 13320 - Pages: 54

Free Essay

Annual Report

...Annual Report 2011 Industrial Technology Institute Your Partner in Technological and Industrial Growth Contents ITI Quality Policy 1 Act & Legislation 2 Mandate 2 Vision 2 Mission 2 Board of Management and Committees 3 Organization Structure 4 Senior Management 5 Chairman’s Message 6 Executive Report 8 Performance Highlights 15 Quality Infrastructure 19 Accelerating Industrial Technology Development 22 Benchmarking for Competitiveness 28 Monitoring and Mitigating Pollution 33 Technology for Human welfare and Socio-economic Upliftment 37 Training Programs & Workshops 38 Capacity Building 40 New Initiatives 43 Corporate Awareness 46 Information for Industry 48 Awards and Recognition 52 Corporate Social Responsibility 54 Social, Welfare and Religious Activities 55 Publications, Presentations and Patents 57 Human Resources 62 Executive Staff 65 Financial Report 2011 Auditor's Report AG's Report Reply ITI Quality Policy “The management of the Industrial Technology Institute is unreservedly committed to maintain the ISO 17025 Quality Management System for the Testing and Calibration services and ISO 9000 Quality Management System for the entire Institute, in keeping with the National Quality Policy, thus providing customers with services of the highest professional standards. All ITI staff has been made fully...

Words: 25991 - Pages: 104

Free Essay

Business-Plan-for-Microfinance

...STRATEGIC PLAN 2009 - 2013 BERENDINA MICROFINANCE INSTITUTE TABLE OF CONTENTS ABBREVIATION: ................................................................................................................................................. 4 1. CURRENT SITUATION ............................................................................................................................... 5 1.1 1.2 1.3 1.4 2. COMPANY INFORMATION ........................................................................................................................... 5 MICROFINANCE METHODOLOGY ADOPTED BY BMI .................................................................................... 6 VISION AND MISSION ................................................................................................................................. 7 PRODUCTS AND SERVICES .......................................................................................................................... 7 STRATEGIC PLANNING METHODOLOGY .............................................................................................. 7 2.1 SWOT A NALYSIS ...................................................................................................................................... 8 3. STRATEGIC GOAL & OBJECTIVES ........................................................................................................ 10 3.1 3.2 STRATEGIC GOAL FOR 2009-2013 .........................................................

Words: 10412 - Pages: 42

Free Essay

Legal

...plantation property or farm house to: a) A person resident outside India who is a citizen of India or b) A person of Indian origin resident outside India or c) A person resident in India. He may transfer agricultural land/ plantation property / farm house acquired by way of inheritance, only to Indian citizens permanently residing in India. Payment for acquisition of property can be made out of: i. Funds received in India through normal banking channels by way of inward remittance from any place of India or ii. Funds held in any non-resident account maintained in accordance with the provisions of the Foreign Exchange Management Act, 1999 and the regulations made by Reserve Bank Of India from time to time. Such payment can not be made either by traveller’s cheque or by foreign currency notes or by other mode than those specially mentioned above. A person resident outside India who is a person of Indian Origin (PIO) can acquire any immovable property in India other than agricultural land / farm house / plantation property:i. By way of purchase out of funds received by way of inward remittance through normal banking channels or by debit to his NRE/ FCNR(B)/ NRO account. ii. By way of gift from a person resident in India or a NRI or a PIO. By way of inheritance from any a person resident in India or a person resident outside India who had acquired such property in accordance with the provisions of the foreign exchange law in force or FEMA regulations...

Words: 4627 - Pages: 19

Free Essay

Sri Lanka News Bulletin - March 2016

...1 6 In Economic news: • Sri Lanka to borrow another USD 3bn as govt runs out of options to bridge fiscal deficit. • Taxes galore as govt struggles to make ends meet. • Sri Lanka hit by Fitch downgrade and S&P lowering of outlook. • Sri Lankan economy grows a slow 4.8% in 2015. • Minimum wages for private sector workers comes into effect. • Port City back on, its official. • Sri Lanka happier in 2015, rises to 117th in the Happiness Index. • Inflation rises 1.7% YoY in February. • Rupee in March at 142.59/146.78 vs. USD (down 0.08% MoM). • Stock market closes at 6,071.88 in March (-11.9% YTD). In Business news: • Tourist arrivals up 19.4% YoY in Feb 2016 to 197,697 as China replaces India as the premier tourist sourcing location. In Consumer news: • Nielsen consumer confidence index falls to 65 (-5 pts MoM). • Vehicle registrations falls 25.4% YoY in Feb 2016. • Tea production drops to 22.9m kgs in Feb 2016. • CPC continues to make losses but LIOC rakes in mega profits; as Sri Lankan Airlines’ going concern nose dives. • Business sentiment index at 16 month low, 138 in Feb 2016.(-13 pts MoM). • Prima wheat flour prices increased. • Nestlé launches “out of home’ beverage provider. • Body Shop comes to Sri Lanka. Gradient Alliance M ont hly Bullet in: M arc h 2 0 1 6 In Economic news: Sri Lanka to borrow another USD 3bn as govt runs out of options to bridge fiscal deficit. The Central Bank of Sri Lanka (CBSL) is to issue sovereign...

Words: 4890 - Pages: 20

Free Essay

Private Bus Service: Is It a Real Service Provider to the Nation?

...interest of the general public, the Transport Commission is duty-bound to review if private bus services, after experience of 35 years, have won the confidence of commuters with such a remarkable service as pledged at the inauguration in 1978.   Nationalisation With nationalisation of bus companies by the Bandaranaike Government in 1958, a longstanding progressive demand by the people, the Ceylon Transport Board which was the key body of national transport was established to provide an excellent service to the nation. At the time, it was the largest authority of omnibus service operative in the world – with about 7,000 buses and over 50,000 employees together with mammoth workshops like the Piliyandala Werahera Maintenance Centre. But the Sri Lanka Transport Board (SLTB) as a semi-Government institution had to compete with the private bus service launched in 1978 under the new...

Words: 9364 - Pages: 38

Premium Essay

International Finance

...MFI 442 International Finance-Individual Assignments I Name Institution MFI 442 International Finance-Individual Assignments I Most corporations expand beyond their local boundaries to become multinationals. There are myriad reasons behind this (Wells & Wint, 2000). The biggest of all these reasons is to gain access to international markets and perhaps invest in economic zones that have high investment returns as compared to home countries (Fu, 2000). The trend of globalization has made most firms become multinational corporations. The most common method for MNCs is through franchises (Jones, 2005). In line with this, economists have put up theories explaining why businesses expand beyond their national boundaries (Hicks, 2000). My primary objective in this paper, therefore, is to discuss international finance and other macroeconomics policies. To foresee this goal, I will delve into foreign exchange market and operations of multinational corporations (MNCs). Theories Explaining Why Corporations Expand to become Multinationals a). Financial economists have brought forward three key arguments that enumerate why companies expand their operations to global markets. These theories are; the imperfect markets theory, the comparative advantage theory and the product cycle theory (Levi, 2004). i).The Comparative Advantage Theory This theory is among the most important concepts in international trade. It states that economic welfare increases when countries specialize...

Words: 5206 - Pages: 21

Free Essay

Lanka Orix Finance

...INTRODUCTION * LANKA ORIX FINANCE is a one of the leading financial solution provider in Srilanka.It’s a Licensed Finance Company and part of the diversified LOLC group of companies, which was listed on the Colombo Stock Exchange in June 2011.And backed by the strength of one of the global financial giant “ORIX CORPORATION JAPAN”. * Mr. Kapila Jayewardena was the chairman of the company. And he has appointed as a chairman in 2007 April.Mr.Ishara Nanayakkara was the deputy chairman of the company. And he has appointed as a Deputy Chairman in November 2002.Mr.Brindley de zylva was the CEO of the company and he has appointed as a CEO in April 2003. * LOFC is the only non-bank financial institution to have been granted a license from CBSL to engage in foreign currency business. This enabled LOFC to maintain nonresident foreign currency accounts Resident foreign currency accounts and special foreign investment deposit accounts for their customers. * LOFC is offering savings, Deposits & working capital facilities. The Growth and Diversification have led the company to start the areas such as Auto Finance, ME Finance, Islamic Banking, mobile banking and foreign currency business. * LOFC services are offered through a network of 42 fully fledged branches 10 savings centers strategically located island wide, including a significant presence in the North and the East. * They have several partnerships with business entities such as MAESTRO, IFAD,...

Words: 1822 - Pages: 8