PA Treasurer Invests in Green Century Balanced Fund
Pennsylvania’s Treasury Department selected the Green Century Balanced Fund for a $5 million investment as part of the state’s new environmental investment initiative. Trillium Asset Management Corporation is the sub-advisor for the environmentally focused mutual fund. Adam Seitchik, Ph.D., CFA, the lead portfolio manager for the Fund, states “the Green Century Balanced Fund is focused on investing in companies of all sizes that make strong environmental contributions toward a cleaner and healthier future. We are excited that Pennsylvania is taking the long-term perspective that competitive, risk-adjusted returns are contingent on the vibrancy of our economy and the environment.”
Please visit www.greencentury.com for more details.