Administration June 9, 2002

Calvert Posts Reconstitution List for Social Index

September 18, 2001 (PLANSPONSOR.com) - Calvert has posted a preliminary list of membership companies for the Calvert Social Index and has presented it to the Calvert Social Index committee for approval.
Reported by

The committee is scheduled to meet this week and approve a final membership list, which would be effective after the market closes on Friday, September 21.

Constitution Criteria

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Launched on May 1, 2000, the Calvert Social Index starts by taking a base of 1,000 of the largest companies in the United States. From the base of 1,000 companies, Calvert’s Social Research Department analyzes each company using its proprietary social criteria. Calvert considers corporate performance in six broad areas:

  • the environment
  • workplace issues
  • product safety and impact
  • international operations and human rights
  • weapons contracting
  • indigenous peoples’ rights

Real time performance of the Calvert Social Index is distributed through the Chicago Board of Trade and available through news agencies, financial services companies, brokerage firms and the Calvert Web site ( www.calvert.com ).

Calvert has approximately $7.5 billion in assets under management and offers twenty-seven portfolios that allow individual and institutional investors to pursue a range of investment objectives within a single fund family.

– Nevin Adams                             editors@plansponsor.com

The preliminary list is posted on http://www.calvert.com/invwcal_2936.html

Products June 8, 2002

Online K Provider Organizes Three Fund Groups

August 6, 2002 (PLANSPONSOR.com) - Plan sponsors working with a financial advisor or broker to set up a 401(k) plan may now find the chore of selecting investment options a little easier.
Reported by

E401k, an online plan provider, which sells through third parties, announced it had organized its fund offerings into three groups called Gold, Platinum, and Diamond. According to a company announcement:

  • The E401k Gold fund list is designed for small companies with fewer than 100 employees and offers “A” mutual fund shares without an upfront load to be sold through brokers.
  • The E401k Platinum seeks to attract firms with 100 or more workers and/or at least $1 million in plan assets. The Platinum funds are also designed to be marketed through brokers.
  • The E401k Diamond group of no-load funds is designed to be offered by registered investment advisors paid by fees.

E401k said the funds in the three groups are from fund families such as American Funds, American Century, Dodge & Cox, Dreyfus, Franklin Templeton, Goldman Sachs, INVESCO, Janus, JP Morgan, First Trust Portfolios, Oppenheimer, Putnam, T Rowe Price and The Vanguard Group.

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The company said plan sponsors and their third-party advisors can make plan decisions including fund choices more quickly with the three groups because of the efficiency of its existing K plan platform.

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