Calvert Global Water Fund - CFWAX

Find Calvert Global Water Fund (CFWAX) review. This stock mutual fund invests in natural resources companies.

Mutual Fund

Calvert Investment AdThere are varieties of sector stock mutual funds. They are including communications, financial, consumer cyclical, equity energy, health, industrials, real estate, technology, natural resources, etc. Investing in sector fund may provide high risk and high reward scenario for investors.

Recently, Calvert Investment provides an advertisement about Calvert Global Water Fund (CFWAX) in financial newspaper. Whether you should invest in this sector fund or not, you should do your research. You can invest this mutual fund in your brokerage, retirement account (Roth IRA or traditional IRA), etc.

The investment ad details are below:
Quench your thirst for ALPHA with Calvert Global Water Fund (CFWAX) 
Five reasons to invest:
1. A water crisis is engulfing the world.
2. Innovative companies are creating innovative solutions.
3. Water is an investment theme wit staying power.
4. The Fund is a proven way to access the water opportunity.
5. Calvert is the preeminent name in sustainable investing.

To learn more, download our white paper, “Quenching the World’s Thirst for Water,”
CALVERT Investments

Calvert Fund Review

Calvert Global Water Fund - CFWAXThe objective of this Calvert Global Water Fund (CFWAX) is to seek growth of capital through investment in equity securities of companies active in the water-related resource sector, in accordance with its corporate responsibility standards and strategies. This Calvert Global Water fund has total net assets of $389.4 million. The dividend is almost insignificant, 0.03%. The annual expense ratio is 1.85%. The fund’s CUSIP is 13161P797.

Morningstar analysts rank this top sector stock fund with 4-stars rating. It uses Mid Blend investment style. The 5-year annualized return is 19.68%. Since the inception in 2008, the yearly performance of this fund is as below:
  • Year 2009: 28.75% (highest)
  • Year 2010: 13.62%
  • Year 2011: -9.91% (lowest)
  • Year 2012: 27.13%
  • Year 2013: 28.72%


The other classes of this equity fund are Class C (CFWCX) and Class Y (CFWYX). The top holdings as of January 2014 are United Utilities Group Plc (6.7%), Sulzer Ag Reg (6.24%), Ebara Corp (5.29%), Cia Saneamento Basico De Adr (5.10%) and American Water Works Co Inc (4.93%). United States is the top country with 48.21% of total investment.

Investing Opinion

  • This Calvert Global Water Fund (CFWAX) is ranked among the best natural resources mutual funds.
  • It has a high turnover portfolio ratio.
  • The dividend yield is low and not suitable for income seeker.


Post a Comment