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ETFs Going Socially Responsible

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hvn_nbr_2 Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Feb-01-05 04:01 PM
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ETFs Going Socially Responsible
There's now a socially responsible exchange-traded fund, and a clean energy ETF is on the way.

http://www.marketwatch.com/news/yhoo/story.asp?source=blq/yhoo&siteid=yhoo&dist=yhoo&guid=%7B4EFBA2AB%2D1F6C%2D4186%2DBDF8%2DA86FC21110A7%7D
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buycottJoe Donating Member (93 posts) Send PM | Profile | Ignore Sun Feb-06-05 07:12 PM
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1. It's good to see that
Exchange Traded Funds (ETF's) have moved into socially responsible investing. I knew that they were used for specific sector investing like technology and utilities and investing in specific countries.

Socially responsible investing in general is increasing and is now over 10% of investments. SRI's are basically mutual funds which select companies using criteria such as the companies not having anything to do with weapons production, tobacco, being environmentally responsible etc. You choose the criteria and the funds.
http://www.socialfunds.com
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