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News: Green Century Environmental News

Lower Fund Expenses for the Green Century Funds
This summer, the Green Century Funds' Board of Trustees voted unanimously to lower the annual expenses of the Green Century Funds. The Board lowered the total annual expenses of the Green Century Equity Fund from 1.50% to 0.95%. The Board also voted to reduce the total annual expenses on the Green Century Balanced Fund from 2.39% to 1.38%.* The decision to reduce fees for both Funds was made to benefit shareholders and to encourage more people to invest in environmentally responsible companies.

The Green Century Equity Fund invests in the Domini 400 Social Index, the oldest and most widely recognized environmentally and socially responsible index in the world. KLD Research & Analytics, Inc. created and maintains this index which is comprised of the stocks of 400 companies selected using environmental and social criteria. The Equity Fund carries the risks associated with investing in the stock market. In addition, the larger companies in which the Equity Fund's portfolio is primarily invested may perform worse than the stock market as a whole.

The Green Century Balanced Fund is an actively managed fund that invests primarily in the stocks and bonds of environmentally committed companies, many of which also make positive, innovative contributions to the environment. Trillium Asset Management subadvises the Balanced Fund, which invests in the stocks and bonds of environmentally responsible corporations of various sizes, including small, medium and large companies. Investments in small and mid-cap companies may offer greater opportunities for growth as well as greater risks for price fluctuations than investments in larger, more established companies.

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Green Century Capital Management is an investment advisory firm focused on environmentally responsible investing. Founded by a partnership of non-profit environmental advocacy organizations in 1991, Green Century’s mission is to provide people who care about a clean, healthy planet the opportunity to use the clout of their investment dollars to encourage environmentally responsible corporate behavior. Green Century believes that shareholder advocacy is a critical component of responsible investing and actively advocates for greater corporate environmental accountability.

*Green Century, the investment advisor and administrator for each Fund, pays the operating expenses of the Funds (excluding interest, taxes, brokerage costs and other capital expenses and any extraordinary expenses). For this and other services, each Fund pays Green Century an Administrative Fee and an Advisory Fee at rates such that the Equity Fund's total annual expenses are limited to 0.95% of the Equity Fund's average net assets and the Balanced Fund's total annual expenses are limited to 1.38% of the Balanced Fund's average net assets.

You should carefully consider the Green Century Funds’ investment objectives, risks, charges, and expenses before investing. To obtain a prospectus that contains this and other information about the Funds, call 1-800-93-GREEN, visit www.greencentury.com or email info@greencentury.com. Please read the prospectus carefully before you invest or send money.

Distributor: UMB Distribution Services, LLC 12/06

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You should carefully consider the Funds' investment objectives, risks, charges and expenses before investing. To obtain a prospectus that contains this and other information about the Funds, please click here for more information, email info@greencentury.com or call 1-800-93-GREEN. Please read the prospectus carefully before investing.

The Green Century Funds are distributed by UMB Distribution Services, LLC.