| |
SHAREHOLDER ACCESS | BROKER ACCESS | OPEN AN ACCOUNT | CONTACT US | ABOUT BROWN ADVISORY |
| ABOUT WINSLOW | WINSLOW GREEN MUTUAL FUNDS | SEPARATELY MANAGED ACCOUNTS | PRESS & PUBLICATIONS | DOCUMENT CENTER |
 |
|
|
9/15/2009 August Issue of Winslow Environmental News: Organic and Natural Products Update
Click To Download Current Issue Of Winslow Environmental News: Volume 19, Number 3 While the recession has taken its toll, the organic and natural products industry has shown resilience during the past year – a surprise to many observers who viewed the category as a higher-priced luxury that many consumers would shun during a recession. In fact, revenues have grown slightly across the board, and consumer loyalty has been stronger than many expected. In this issue, Winslow Environmental News takes a look at how two powerful trends – growth in consumer demand for organic and natural products, and shrinking consumer budgets – have collided over the past year, and how that collision may affect the natural products industry’s long-term growth. MAIN ARTICLE Local farmer's markets are popping up everywhere, and business seems pretty strong as one walks the aisles at the local Whole Foods. On the other hand, the recession has had a big impact on organic consumer spending patterns – growth slowed significantly across most organic categories in the last half of 2008. In this article Ellen Pfeifer takes a look at how organic consumers are behaving and will behave under harsher economic conditions, and how that might impact the organic industry in coming years. MARKETBEAT: HEALTHY RETURNS In this edition of Marketbeat, portfolio manager Matthew Patsky and analyst Elizabeth Levy examine the performance of healthy living stocks from the beginning of the market collapse last year through the end of the second quarter. Such stocks have performed admirably versus the broad stock market during that time; Patsky and Levy look at that surprising performance, as well as industry fundamentals during the same period, to see what lessons can be learned. FEATURED COMPANY: United Natural Foods United Natural Foods (UNFI) isn't a typical organic products company. As the largest organic food distributor in the United States, its world is all about trucks, warehouses, fuel costs, and attention to the thin operating margins inherent in wholesale food distribution. However, the company’s success isn’t just about cost control – United Natural has been guided by a deep-seated environmental philosophy since its founding in the 1970s. From its early vision of bringing organic foods to the masses, to its pioneering environmental stewardship initiatives, United Natural has demonstrated that environmental sustainability can indeed drive profitable growth. Plus: An update on recent developments in federal cap and trade legislation; disturbing trends revealed in the annual report on America’s obesity epidemic; and updates on some of the companies in Winslow's investment universe. Click here for holdings for the Winslow Green Growth Fund. Click here for holdings for the Winslow Green Solutions Fund. Fund holdings are subject to change and are not recommendations to buy or sell any security.
|
 |
This Internet site is not an offer to sell or a solicitation of an offer to buy shares in any jurisdiction outside the United States. Past performance is no guarantee of future results. The Winslow Green Growth Fund's investment objectives, risks, charges and expenses must be considered carefully before investing. The statutory and summary prospectuses contain this and other important information about the investment company, and may be obtained by calling 888-314-9049, or visiting www.winslowgreen.com. Read carefully before investing. Distributed by Quasar Distributors, LLC. Winslow Management Company is a registered investment advisor. Investment in growth stocks may be susceptible to rapid price swings, especially during periods of economic uncertainty. The Winslow Green Growth Fund ("the Fund") invests in small and medium capitalization companies, which present greater risk than larger companies due to limited product lines, markets and financial or managerial resources. The Fund invests in foreign securities, which present increased risk over U.S. investments in the form of currency fluctuation, different regulation, accounting standards, trading practices and levels of available information, generally higher transaction costs, and political risk; it also focuses on green solutions companies, which presents increased risk over a more diversified portfolio by limiting investment choices to a specific sector that may or may not perform as well as other industry sectors. Total return figures include reinvestment of investment income and capital gains. During the period, some of the Fund's fees were waived or expenses reimbursed; otherwise, total return would have been lower. Prior to April 1, 2001, Winslow Management Company managed a common trust fund (“CTF”) with investment objectives and policies that were, in all material respects, equivalent to the Fund. The Fund’s performance for periods before April 1, 2001 is that of the CTF and reflects the expenses of the CTF. If the CTF’s performance had been readjusted to reflect estimated expenses of the Fund for its first fiscal year, the performance would have been lower. The CTF was not registered under the Investment Company Act of 1940 (“1940 Act”) nor subject to certain investment limitations, diversification requirements, and other restrictions imposed by the 1940 Act and the Internal Revenue Code, which, if applicable, may have adversely affected the performance results. Privacy Policy | Proxy Voting Guidelines | Copyright © 2002-2007 Winslow Management Company. All rights reserved. |