Exante Mantis Fund introduces innovation to the field of socially responsible investing (SRI). Traditional SRI funds consistently underperform against the standard market indexes and unencumbered investment strategies. The primary reason for this is the relatively small universe of companies SRI managers could choose from. This limited universe of SRI-friendly companies hampers investment managers with less liquidity, less flexibility, and intense competition for a relatively rare asset class.
Exante Mantis Fund addresses traditional SRI problems by expanding the universe of options available to the SRI investor. Stringent standards are applied to the Calvert Social Index to find the most compelling SRI companies. By shorting poorly-run or expensive non-SRI companies, Exante Mantis Fund effectively expands the universe of options available to the investment manager.