Calvert Impact Advisory Services (CIAS) advises a private fund that invests in community development financial institutions (CDFIs) and minority depository institutions (MDIs). CIAS helps the fund identify potential investments and manages the fund's technical services and impact measurement programs. CIAS does not provide investment advice directly to individual investors in the fund.
CIAS does not directly manage investments for individual investors. It acts as a sub-advisor to a fund, assisting with investment selection and impact measurement.