Meritas Financial Inc. today announced that Davis Advisors has been selected to replace MMA Capital Management as the sub-advisor to the Meritas U.S. Equity Fund.

“We look forward to the contribution that we feel Davis can make to the fund,” said Gary Hawton, CEO of Meritas, in a release. “Certainly their performance in the large capitalization blend U.S. equity asset class has been impressive.”

Davis already has several clients who, like Meritas, employ a variety of social and environmental screens to their portfolios in addition to using prudent financial analysis in their security selection process. Meritas said this level of comfort and experience with socially responsible investing at Davis was also a factor in the selection.

The effective date of the transfer will be Jan. 3, 2006.

Meritas Financial Inc. is devoted solely to creating and marketing SRI. It manages institutional accounts with social mandates and offers a family of socially responsible investment funds under the brand name Meritas Mutual Funds.