Investing Under a New Administration: Calvert Experts to Outline Implications for...

Investing Under a New Administration: Calvert Experts to Outline Implications
for Alternative Energy, Water and Infrastructure

Major Shifts in Investment Landscape Expected From Federal Pushes on Clean
Energy and Public Projects; What Happens When Energy Prices Rise Again with
Easing of Recession?

How will the new Administration in the White House change the world for
investors -- particularly those who are focusing on clean energy, water and
infrastructure projects?

That is the focus of the phone-based news conference (with full Q&A) to be
held by sustainable and responsible investing firm Calvert at 1:30 p.m. EDT on
April 21, 2009. U.S. and non-U.S. experts will offer their perspectives on how
the Obama agenda will affect investors, including in the post-recession period
when experts expect a pent-up increase in demand for energy could result in
another increase in prices.

News event speakers will be:
-- Natalie Trunow, Senior Vice President and Head of Equities, Calvert
Asset Management Co.;
-- Jens Peers, CFA, lead portfolio manager, Calvert Global Alternative
Energy Fund and Calvert Global Water Fund, and head, Eco Funds, KBC
Asset Management International of Dublin, Ireland; and

-- Bennett Freeman, Senior Vice President, Social Research and Policy,
Calvert. On May 31, 2007, Calvert launched the Calvert Global
Alternative Energy Fund (CGAEX). Calvert unveiled the Calvert Global
Water Fund (CFWAX) on September 30, 2008. Both funds are subadvised by
KBC Asset Management International, Ltd., of Dublin, Ireland, which
has
compiled a strong international record on clean energy and water
funds.

TO PARTICIPATE: Join this live, phone-based news conference (with full,
two-way Q&A) at 1:30 p.m. EDT on April 21, 2009 by dialing 1 (800) 860-2442.
Ask for the "Investing Under a New Administration" news event.

CAN'T PARTICIPATE?: A streaming audio replay of this news event will be
available on the Web at http://www.calvert.com as of 6 p.m. EDT on April 21,
2009.

CONTACT: Patrick Mitchell, for Calvert, (703) 276-3266 or
pmitchell@hastingsgroup.com.

A leader in Sustainable and Responsible Investments (SRI), Calvert Investments
offers investors among the widest choice of SRI strategies of any investment
management company in the United States. Each SRI strategy employs one of
three proprietary approaches. Calvert Signature(TM) Strategies integrate two
distinct research frameworks: a rigorous review of financial performance plus
a thorough assessment of environmental, social and governance performance.
Only when a company meets Calvert standards for both frameworks will we
consider investing. Calvert Solution(TM) Strategies selectively invest in
companies that produce products and services designed to solve some of today's
most pressing sustainability challenges. Calvert SAGE(TM) Strategies emphasize
strategic engagement to advance environmental, social and governance
performance in companies that may not meet Calvert standards today, but have
the potential to improve. More information on Calvert SRI strategies is
available at www.Calvert.com/SRI.

Investment in mutual funds involves risk, including possible loss of principal
invested.

For more information on any Calvert mutual fund, please call Calvert at
800.368.2748 for a free prospectus.

An investor should consider the investment objectives, risks, charges, and
expenses of an investment carefully before investing. The prospectus contains
this and other information. Read it carefully before you invest or send money.

Calvert mutual funds are underwritten and distributed by Calvert Distributors
Inc., member FINRA, a subsidiary of Calvert Group, Ltd. (04/09, 8929)

CONTACT: Patrick Mitchell, +1-703-276-3266, pmitchell@hastingsgroup.com, for
Calvert, Bethesda, MD

/PRNewswire-USNewswire -- April 20/

SOURCE Calvert, Bethesda, MD