Essex Funds

    193

    Funds Group: Essex Funds

    Management Company: Essex Investment Management Company, LLC

    Funds Affected: Essex Environmental Opportunities Fund

    Principal Sustainable Investment Strategy: Thematic Investing

    Summary:

    The fund invests globally in equity securities of companies that the adviser believes provide leading clean and new energy technologies, and other solutions that enable sustainability. The adviser uses its proprietary Global Environmental Opportunities Strategy (GEOS) to identify companies that are pursuing natural resource optimization and are engaged in finding energy efficiency solutions, lessening dependence on fossil fuels and limiting greenhouse gasses.

    Under normal circumstances, the fund invests at least 80% of its net assets in companies identified by the Adviser’s GEOS strategy that are engaged in at least one of the following nine “environmental investment themes”: 1) Agricultural Productivity & Clean Fuels; 2) Clean Technology & Efficiency; 3) Efficient Transport; 4) Environmental Finance; 5) Power Technology; 6) Power Merchants & Generation; 7) Renewable Energy; 8) Low Carbon Commerce; and 9) Water.