Calvert Sustainable Diversity, Equity and Inclusion Fund

Share Class :
 
ISIN: LU2459594433
Marketing Communication
Calvert Sustainable Diversity, Equity and Inclusion Fund
Marketing Communication
ISIN: LU2459594433
Share Class :

Calvert Sustainable Diversity, Equity and Inclusion Fund

SHARE CLASS :
ISIN: LU2459594433
 

Marketing Communication

 
Product Team Image
Investment Objective
Long term growth of your investment whilst advancing diversity, equity and inclusion.The Fund is in scope of Article 9 of the European Sustainable Finance Disclosure Regulation.
Investment Approach
The Calvert Sustainable Diversity, Equity and Inclusion Fund’s investment objective is to provide long-term capital appreciation and advance diversity, equity and inclusion, measured in US Dollars, primarily investing in companies that demonstrate leadership or meaningful improvement in having a diverse workforce and an equal and inclusive work culture. The Fund will seek to maintain higher levels of workforce diversity at a portfolio level than the underlying market benchmark as measured by average percentage of women at the board level and average percentage of board members representing underrepresented ethnicities.

The value of the investments and the income from them will vary and there can be no assurance that the Fund will achieve its investment objectives.

 
 
Pricing & Performance

Past performance is not a reliable indicator of future results. Returns may increase or decrease as a result of currency fluctuations. All performance data is calculated NAV to NAV, net of fees, and does not take account of commissions and costs incurred on the issue and redemption of units. The sources for all performance and Index data is Morgan Stanley Investment Management. Please click here for additional performance disclosures and important information, which should be reviewed carefully.

As of 31-Oct-2024

As of 03-Dec-2024

As of 31-Oct-2024

As of 03-Dec-2024


Performance of 100 USD invested
Performance of 100 USD invested

     
 
 
Average Annual Total Returns As of 31-Oct-2024 As of 30-Sep-2024
1 YR 3 YRS 5 YRS 10 YRS Since Inception
Share Class Z USD (%) 30.53 -- -- -- 9.50
MSCI World Index Net Index (USD) (%) 33.68 -- -- -- 9.47
1 YR 3 YRS 5 YRS 10 YRS Since Inception
Share Class Z USD (%) 28.44 -- -- -- 10.50
MSCI World Index Net Index (USD) (%) 32.43 -- -- -- 10.70
2023 2022 2021 2020 2019 2018 2017 2016 2015 2014
Share Class Z USD (%) 28.08 -- -- -- -- -- -- -- -- --
MSCI World Index Net Index (USD) (%) 23.79 -- -- -- -- -- -- -- -- --
Average Annual Total Returns
As of 31-Oct-2024
TIMEFRAME Share Class Z USD (%) MSCI World Index Net Index (USD) (%)
1 Yr 30.53 33.68
3 Yrs -- --
5 Yrs -- --
10 Yrs -- --
Since Inception 9.50 9.47
As of 30-Sep-2024
TIMEFRAME Share Class Z USD (%) MSCI World Index Net Index (USD) (%)
1 Yr 28.44 32.43
3 Yrs -- --
5 Yrs -- --
10 Yrs -- --
Since Inception 10.50 10.70
TIMEFRAME Share Class Z USD (%) MSCI World Index Net Index (USD) (%)
2023 28.08 23.79
2022 -- --
2021 -- --
2020 -- --
2019 -- --
2018 -- --
2017 -- --
2016 -- --
2015 -- --
2014 -- --

 
 
 
Risk and Reward Profile As of 19-Feb-2024
 
 
Lower Risk
High Risk
Potentially
Lower Rewards
Potentially
Higher Rewards
 
  • The Fund relies on other parties to fulfill certain services, investments or transactions. If these parties become insolvent, it may expose the Fund to financial loss
  • There may be an insufficient number of buyers or sellers which may affect the Fund's ability to buy or sell securities
  • Sustainability factors can pose risks to investments, for example: impact asset values, increased operational costs.
  • Past performance is not a reliable indicator of future results. Returns may increase or decrease as a result of currency fluctuations. The value of investments and the income from them can go down as well as up and investors may lose all or a substantial portion of his or her investment.
  • The value of the investments and the income from them will vary and there can be no assurance that the Fund will achieve its investment objectives.
  • Investments may be in a variety of currencies and therefore changes in rates of exchange between currencies may cause the value of investments to decrease or increase. Furthermore, the value of investments may be adversely affected by fluctuations in exchange rates between the investor’s reference currency and the base currency of the investments.
  • The Fund relies on other parties to fulfill certain services, investments or transactions. If these parties become insolvent, it may expose the Fund to financial loss
  • There may be an insufficient number of buyers or sellers which may affect the Fund's ability to buy or sell securities
  • Sustainability factors can pose risks to investments, for example: impact asset values, increased operational costs.
  • Past performance is not a reliable indicator of future results. Returns may increase or decrease as a result of currency fluctuations. The value of investments and the income from them can go down as well as up and investors may lose all or a substantial portion of his or her investment.
  • The value of the investments and the income from them will vary and there can be no assurance that the Fund will achieve its investment objectives.
  • Investments may be in a variety of currencies and therefore changes in rates of exchange between currencies may cause the value of investments to decrease or increase. Furthermore, the value of investments may be adversely affected by fluctuations in exchange rates between the investor’s reference currency and the base currency of the investments.
 
 
 
 
Composition 4 As of 31-Oct-2024
  Fund Index
Information Technology 37.62 24.96
Financials 18.19 15.83
Health Care 15.90 11.37
Industrials 8.44 11.01
Consumer Discretionary 6.29 10.16
Communication Services 5.49 7.81
Consumer Staples 3.64 6.32
Utilities 1.20 2.67
Materials 0.77 3.62
Real Estate 0.31 2.26
Energy -- 4.00
Other 1.67 --
Cash 0.46 --
 
May not sum to 100% due to the exclusion of other assets and liabilities.


Geography4 As of 31-Oct-2024
  Fund Index
United States 74.69 72.74
United Kingdom 4.24 3.57
France 4.24 2.73
Germany 3.88 2.21
Switzerland 3.13 2.39
Canada 2.50 3.05
Spain 1.07 0.69
Japan 0.99 5.50
Sweden 0.94 0.78
Netherlands 0.87 1.09
Other 3.00 5.25
Cash 0.46 --
 
May not sum to 100% due to the exclusion of other assets and liabilities.


Holdings As of 31-Oct-2024
Fund Index
Apple Inc 7.78 4.80
Microsoft Corp 6.64 4.19
NVIDIA Corp 6.64 4.77
Eli Lilly & Co. 2.29 0.98
Broadcom Inc 2.28 1.10
Visa Inc 1.54 0.67
MasterCard Inc 1.42 0.61
Intuit Inc 1.41 0.25
Home Depot Inc 1.37 0.57
Abbvie Inc 1.20 0.53
Total 32.57 --

These securities and percentage allocations are only for illustrative purposes and do not constitute, and should not be construed as, investment advice or recommendations with respect to the securities or investments mentioned.



Portfolio Characteristics
Fund Index
Active share (%) 63.42 --
Number of holdings 177 1,409
Dividend Yield (%) 1.74 1.73
Return on capital (%) 17.86 16.73
5 year EPS growth (%) 16.73 17.05
Price/earnings (LTM) 26.36 23.15
Price/cash flow 17.21 14.32
Price/book 4.12 3.42
Weighted average market capitalization ($B) 826.64 716.44
 
 
Portfolio Managers
Chris Madden
Managing Director, Co-Head of Applied Solutions
25 years industry experience
Ibrahim Kara
Executive Director, Portfolio Manager
20 years industry experience
Yijia Chen
Vice President, Portfolio Manager
10 years industry experience

Team members may be subject to change at any time without notice.

 
 
 

This is a marketing communication. Applications for shares in the Fund should not be made without first consulting the current Prospectus and the Key Information Document (KID) also known as PRIIPs (Packaged Retail and Insurance-based Investment Products) or the Key Investor Information Document (“KIID”), which are available in English and in the official language of your local jurisdiction at morganstanleyinvestmentfunds.com or free of charge from the Registered Office of Morgan Stanley Investment Funds, European Bank and Business Centre, 6B route de Trèves, L-2633 Senningerberg, R.C.S. Luxemburg B 29 192.  

Information in relation to sustainability aspects of the Fund and the summary of investor rights is available at the aforementioned website.

If the management company of the relevant Fund decides to terminate its arrangement for marketing that Fund in any EEA country where it is registered for sale, it will do so in accordance with the relevant UCITS rules.

Calvert Research and Management is part of the Morgan Stanley Investment Management group of companies. Access to Calvert is available through Morgan Stanley Investment Management Fund’s, in which Calvert serves as investment manager.

Please visit our Glossary page for fund related terms and definitions.

Performance data quoted is based on average annualized returns and net of fees.

The source for all performance and index data is Morgan Stanley Investment Management Limited.

Performance data for funds with less than one year's track record is not shown. Performance is calculated net of fees. YTD performance data is not annualised. Performance of other share classes, when offered, may differ. Please consider the investment objectives, risks, charges and expenses of the fund carefully before investing.

The Fund is actively managed, and the management of the fund is not constrained by the composition of the Benchmark.

The use of leverage increases risks, such that a relatively small movement in the value of an investment may result in a disproportionately large movement, unfavourable as well as favourable, in the value of that investment and, in turn, the value of the Fund.

Certain documentation available on this site may pertain to multiple sub-funds of the Morgan Stanley Investment Funds range. Please note that not all sub-funds are available in all jurisdictions and sub-funds are not available to persons resident in jurisdictions where such distribution or availability would be contrary to local laws or regulations.

1 The Morningstar Rating™ for funds, or "star rating", is calculated for managed products (including mutual funds, variable annuity and variable life subaccounts, exchange-traded funds, closed-end funds, and separate accounts) with at least a three-year history. Exchange-traded funds and open-ended mutual funds are considered a single population for comparative purposes. It is calculated based on a Morningstar Risk-Adjusted Return measure that accounts for variation in a managed product's monthly excess performance, placing more emphasis on downward variations and rewarding consistent performance. The top 10% of products in each product category receive 5 stars, the next 22.5% receive 4 stars, the next 35% receive 3 stars, the next 22.5% receive 2 stars, and the bottom 10% receive 1 star. The Overall Morningstar Rating for a managed product is derived from a weighted average of the performance figures associated with its three-, five-, and 10-year (if applicable) Morningstar Rating metrics. The weights are: 100% three-year rating for 36-59 months of total returns, 60% five-year rating/40% three-year rating for 60-119 months of total returns, and 50% 10-year rating/30% five-year rating/20% three-year rating for 120 or more months of total returns. While the 10-year overall star rating formula seems to give the most weight to the 10-year period, the most recent three-year period actually has the greatest impact because it is included in all three rating periods. Ratings do not take into account sales loads.

The Europe/Asia and South Africa category (EAA) includes funds domiciled in European markets, major cross-border Asian markets where material numbers of European UCITS funds are available (principally Hong Kong, Singapore and Taiwan), South Africa, and selected other Asian and African markets where Morningstar believes it is of benefit to investors for the funds to be included in the EAA classification system.

© 2024 Morningstar. All Rights Reserved. The information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information. Past performance is no guarantee of future results.

2The MSCI World Net Index is a free float adjusted market capitalization weighted index that is designed to measure the global equity market performance of developed markets. The term "free float" represents the portion of shares outstanding that are deemed to be available for purchase in the public equity markets by investors. The performance of the Index is listed in U.S. dollars and assumes reinvestment of net dividends. The index is unmanaged and does not include any expenses, fees or sales charges. It is not possible to invest directly in an index.

Entry Charge is a maximum possible figure. In some cases you might pay less, you can find this out from your financial adviser. Ongoing Charges reflect the payments and expenses incurred during the fund's operation and are deducted from the assets of the fund over the period. It includes fees paid for investment management (Management Fee), trustee/custodian, and administration charges. The Minimum Initial Investment/Minimum Subsequent Investment amounts may be in US Dollars (or the Euro Yen or Sterling equivalent of the US Dollar amount). For more information please see the Charges and Expenses section of the prospectus.

4 May not sum to 100% due to the exclusion of other assets and liabilities. For additional information regarding sector classification/definitions please visit www.msci.com/gics and the glossary page. Cash & Equivalents are defined as the value of assets that can be converted into cash immediately. These include commercial paper, open FX transactions, Treasury bills and other short-term instruments.  Such instruments are considered cash equivalents because they are deemed liquid and not subject to significant risk of changes in values.

LTM = Last Twelve Months.

 

WAM is the weighted average maturity of the portfolio. The WAM calculation utilizes the interest-rate reset date, rather than a security's stated final maturity, for variable- and floating- rate securities. By looking to a portfolio's interest rate reset schedule in lieu of final maturity dates, the WAM measure effectively captures a fund's exposure to interest rate movements and the potential price impact resulting from interest rate movements.

 

WAL is the weighted average life of the portfolio. The WAL calculation utilizes a security's stated final maturity date or, when relevant, the date of the next demand feature when the fund may receive payment of principal and interest (such as a put feature). Accordingly, WAL reflects how a portfolio would react to deteriorating credit (widening spreads) or tightening liquidity conditions.

 
♰♰

This Fund is classified as an Article 9 product under the Sustainable Finance Disclosure Regulation. Article 9 products are those which have a sustainable investment objective and which integrate sustainability into the investment process in a binding manner.

Morgan Stanley Investment Management will make its first annual diversity, equity and inclusion donation related to CDEI.

×

Calvert Research and Management (Calvert) announced the first contribution in the amount of $25,000 from Morgan Stanley Investment Management Inc. (MSIM) to America Needs You (ANY), an organization focused on driving economic mobility for first-generation college students. The contribution is part of MSIM's effort to donate annually to diversity, equity and inclusion-related organizations from its own resources in connection with the Calvert US Large-Cap Diversity, Equity and Inclusion Index ETF.

Morgan Stanley is a longtime supporter of ANY, a national 501(c)(3) non-profit organization that fights for economic mobility for ambitious, first-generation college students. In addition, ANY is a strategic community partner in the Morgan Stanley Institute for Inclusion's Equity in Education and Career Consortium. Over the last 15 years, ANY has provided mentorship and intensive career development training to over 6,000 low-income, first-generation college students through its local Fellows Program in four states and its digital program, FirstGenU. Each year, over 90% of Fellows served by ANY complete internships and graduate from college and nearly 80% secure a full-time job with a competitive salary within six months of earning their diploma.

This is a Marketing Communication.

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