The Calvert International Responsible Index Fund is an index fund designed to offer investors access to a diversified portfolio of international stocks while maintaining a commitment to responsible investing principles. Its primary function is to replicate the performance of the Calvert International Responsible Index, which focuses on equity securities from developed markets outside of the United States. The fund emphasizes socially responsible investment criteria, seeking to include companies with strong environmental, social, and governance (ESG) practices. This means it screens included firms based on their impact and adherence to sustainability principles, excluding those involved in harmful industries, while favoring leaders in positive corporate behavior. By focusing on international diversification, the fund is positioned to allow investors exposure to global economic growth and opportunities across various sectors such as technology, healthcare, and consumer goods. The fund plays a significant role in integrating ESG factors in global investment strategies, appealing to those who prioritize ethical considerations alongside traditional financial metrics.
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