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MEAG Sustainability rated: receives four stars from Standard & Poor's and Morningstar08.11.2006
As of October 31, 2006, the on Oktober 1, 2003 established mutual fund MEAG Sustainability was rated by Standard & Poor's and Morningstar. Both fund-analysis agencies gave four stars in the categories of "Ethics/SRI Global" (Standard & Poor's) and "Worldwide Standard Value of Shares" (Morningstar).
MEAG Sustainability invests in international businesses, which contribute to economical growth. Next to financial success, further criteria considered in the selection of the fund management is environmental and social awareness.
When choosing company values for the selection process, MEAG works closely together with the sustainability-experts from Munich Re. For almost thirty years now, Munich Re has been researching global environment and climate changes. This know-how adds value to the successful implementation of the fund concept and chances of growth. Since its establishment, MEAG Sustainability has exhibited a cumulative growth of 57.96%, which equals a yearly average growth of 16%.
About MEAG: MEAG MUNICH ERGO AssetManagement GmbH of Munich, Germany, manages the assets of Munich Re and ERGO Insurance Group. With offices located in New York and Hong Kong, MEAG is a global player. In addition to handling equities, MEAG collaborates with partners outside the Munich Re Group. Currently, MEAG manages assets valued at approximately € 175 billion of which € 15 billion are in real estate.
Munich, 11/08/2006
Contact: Dr. Josef Wild Telephone: +49 (0) 89 2489 2072 Fax: +49 (0) 89 2489 2075 Email: JWild@meag.com
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