Socially Responsible Investing: Fortune Magazine Features Portfolio 21 – A Green, Sustainable Mutual Fund.

Portfolio 21, a sustainable, “green”, socially responsible mutual fund is featured in the February 7, 2005 issue of Fortune Magazine in an article titled, “Are green funds true to their colors? Socially responsible mutual funds have become big business in recent years.”

About Portfolio 21, Fortune’s Mark Gunther writes, “The environmentally minded investor might want to look at Portfolio 21 (PORTX), a small, much admired fund with about $60 million in assets. The five-year-old fund holds shares in about 65 companies that it says "have shown exceptional leadership in sustainable business practices," including Vestas, a Danish wind-turbine manufacturer, and fuel-cell companies Plug Power and Ballard Power Systems. A global fund, Portfolio 21 has also outperformed its benchmark, the MSCI World Equity Index, over the past three and five years. So it's green in more ways than one.”
Following is the fund's performance for the period ending 12/31/04.



Performance Period (Portfolio 21) (MSCI World Equity Index)
4th Quarter, 2004…….…14.22%…………………12.05%
One Year……..…….……….15.87%……..………..15.25%
Three Year Annualized….7.43%…………………..7.44%
Five Year Annualized …..2.40%………………….-2.05%




Performance data quoted represents past performance and does not guarantee future results. The investment return and principal value of an investment will fluctuate so that an investor's shares, when redeemed, may be worth more or less than their original cost. Current performance of the fund may be lower or higher than the performance quoted. Performance data current to the most recent month end may be obtained by calling 1-877-351-4115. The Fund imposes a 2% redemption fee on shares held for less than 60 days.

What distinguishes Portfolio 21’s socially responsible green mutual fund and its commitment to sustainable business practices?

Portfolio 21’s no-load global mutual investment fund is an investment geared towards investors who are looking for a socially responsible fund comprised of companies committed to ethical and sustainable business practices. The company believes that corporations using sustainability principles as a core part of their business strategies are best positioned for worldwide future growth.

Portfolio 21 focuses on socially responsible companies that have made a “green” commitment to environmental sustainability, demonstrating this through business strategies, practices and investments. The fund believes that shareholder advocacy and activism focused globally/internationally is required to sustain our society and that “green” business practices lead to corporate profitability.

Portfolio 21 rigorously screens each fund company. The companies we choose must all make an explicit commitment to social, sustainable business practices and allocate significant capital resources to achieving these goals. All are scored against competitors in such areas as how ecologically friendly their products are; how sustainable their technologies and processes are; how efficiently they manage their resources; and how minimally their activities impact the environment.

Portfolio 21 excludes companies from its fund with negative performance ratings in the following areas: conservation, ecological sustainability, waste, employee relations, human rights, community involvement, fair hiring, diversity, workplace issues / insurance, and product safety. The fund also excludes companies that have significant involvement in tobacco, gambling, and defense/war.


The fund's investment objectives, risks, charges and expenses must be considered carefully before investing. The prospectus contains this and other important information about the investment company, and it may be obtained by calling 1-877-351-4115, or visiting www.portfolio21.com Read it carefully before investing.

Portfolio 21 may invest in foreign securities, which are subject to the risks of currency fluctuations, political and economic stability and differences in accounting standards.

Distributed by Quasar Distributors, LLC (03/05)