Morgan Stanley Investment Management Announces Launch of ETF Platform

Morgan Stanley Investment Management ("MSIM") announced the launch of an exchange-traded fund ("ETF") platform with the listing of six Calvert ETFs on NYSE Arca. The ETF product suite features Calvert Research and Management's industry-leading approach to responsible investing and offers investors access to four indexed Environmental Social Governance ("ESG") strategies and two active ESG strategies across a range of asset classes.

"The launch of MSIM's ETF platform builds on our world class investment capabilities with a diverse set of investment vehicles that aim to provide strategic value for our clients," said Dan Simkowitz, Head of Morgan Stanley Investment Management. "This launch is the first step in MSIM's development of a robust ETF platform that supports products across our businesses, asset classes, jurisdictions, and brands.”

MSIM's ETF platform draws on the Firm's comprehensive product offering and client-focused approach, and the initial ETFs will capitalize on an integrated process that combines a principled approach, active engagement, and deep ESG research. The six new ETFs advised by MSIM include: Calvert US Large-Cap Diversity, Equity and Inclusion Index ETF (CDEI), Calvert Ultra-Short Investment Grade ETF (CVSB), Calvert US Large-Cap Core Responsible Index ETF (CVLC), Calvert International Responsible Index ETF (CVIE), Calvert US-Mid Cap Core Responsible Index ETF (CVMC) and Calvert US Select Equity ETF (CVSE)

"Throughout Calvert's forty-year history, its commitment to responsible investing and approach to stewardship has been the foundation of its comprehensive offerings for investors," said Ted Eliopoulos, CEO and President of Calvert Research and Management. "These new ETFs will resonate strongly with investors who seek competitive investment results while promoting positive change and supporting companies that are leaders in improving long-term shareholder value and societal outcomes."