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Wednesday, July 11, 2007

Calvert Alternative Energy Fund accesses the future

CGAEX Vows To Bring New Opportunities

Written by Subhasis Chatterjee, WallStreetActivist.com

It has come to the knowledge that the Premiere funding organization Calvert Socially Responsible Investing has launched the Calvert Global Alternative Energy Fund or the CGAEX in the recent days with the sole intention of providing its prime investors with the prospect of helping to take the edge off climate change at the time when they prefer to investment, regarded by many close quarters as a rapidly increasing sector which is comprised of a great deal of financial potential for a bright and stable future.

But what has been the essence of the Calvert Global Alternative Energy Fund? From a close discussion and a series of interviews with the topmost echelon of the organization it is revealed that the Calvert Global Alternative Energy Fund chiefly relies and does invest in the devices that are regarded as the viable providers of alternative energy that include solar, wind, geothermal, biofuel, hydrogen, and biomass. To be very precise, these are definite technologies that are not only renowned but also make these sources possible so as to be tapped, and the services or technologies that conserve or enable more efficient use of energy. The concerned officials speaking on behalf of the Company has confirmed that the Fund shall be utilized in the best manner to invest no less than a lion' share or 80% of its net assets in the companies that comprised both the U.S. and non-U.S. it is also to be noted in this respect that these are the prime companies whose main business happens to be the alternative energy or to denote in a better manner, which are involved in a noteworthy approach in the alternative energy sector.

No doubt, that the readers or the viewers of the present age are quite apt and happen to be thoroughly conscious about the latest happenings or the modifications in the Industrial and Business climate in the international arena. But to any sensible person a question occurs about the basic reason behind these recent developments. It is however learnt, that with the rapidly changing political and business climate in the international context the oil prices are getting higher and along with the immense growth of the international demand or aspiration for energy the conventional carbon-based energy resources are getting strained by and large. On the contrary, with the innovative methodologies and successful discoveries, the saga of the need and gradual emergence of the alternative energy has caught the attention of the public, media, and political attention as a potential solution to the pressing issue of climate change vehemently.

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