Dover Corporate Responsibility Management LLC on Wednesday launched three new classes of a mutual fund for retail and institutional investors.

The new Dover Responsibility will invest in a portfolio of large- and mid-cap companies, and will be catered to a wide range of clients, such as public funds, corporate retirement plans, endowments and foundations including charitable, religious and educational organizations that seek long-term capital appreciation from their investment portfolios.

Greenwich, Conn.-based Dover aims to invest in companies that are financially sound and have high levels of corporate philanthropy, accountability, and ethical standards.

"We believe that corporate liquidity and corporate responsibility combined with philanthropic giving signals companies that are well positioned to outperform their peers over any given three-to-five year period," said Christopher Wolfe, Head of Research, Dover Corporate Responsibility Management.

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