Mutual Funds / Mutual fund profiles
Investors Challenge Mutual Funds on Proxy Voting (01/20)
Sustainable investment firms respond to update by Ceres by pressuring mutual funds on their proxy voting records relating to climate change. Second in a two-part series.
Community Capital Management Publishes Annual Impact Report (03/21)
In a webinar, Chief Impact Investment Officer David Sand emphasizes the importance the sustainable fixed income firm places on environmental and social impacts.
Community Capital Management a Top Fund Performer in 2015 (01/23)
The fund tracker Morningstar ranks the performance of the firm's fixed income investment product among the top one percent of 309 funds in the intermediate government category.
Green Bond Investments Reach $600 Billion (07/13)
The fourth edition of Bonds and Climate Change, published by the Climate Bonds Initiative, reports that 70% of climate-aligned bonds are invested in low-carbon transport, while another 20% focus on clean energy.
Community Capital Management Expands Green Bond Offerings (06/08)
The fixed income investment adviser offers opportunities for sustainable investors to meet their community investment mission.
Report Analyzes Impact Investing Funds (03/09)
The Global Impact Investing Network reports on more than 300 impact investment funds that direct investments by foundations and high net worth individuals to social and environmental opportunities in North America and emerging markets.
Individual Investors Struggle with Sustainability (03/06)
More than half of individual investors surveyed by Morgan Stanley believe financial returns will be compromised by a sustainable investment strategy, but demand from millennials and women are likely to drive an increase in the strategy.
Sustainable Investment Firms Offer Guide to Fossil Fuel Investing (12/29)
Along with 350.org, Green Century Capital Management and Trillium Asset Management update a guide for investors who want to divest from fossil fuel companies and reallocate their assets to sustainability.
Sustainable Assets Up by 76% Since 2012 (11/28)
The biennial Trends Report by US SIF reveals that consideration of environmental, social, and corporate governance factors by money managers has contributed to sustainable assets in the US that now total $6.57 trillion.
$50 Million to be Invested in Sustainable Agriculture (10/04)
Community Capital Management commits to investing $50 million of fixed income investments in sustainable agriculture initiatives.
Opportunities for Green Bond Investment Increasing (09/15)
The investment advisory firm Community Capital Management publishes a white paper describing several green bond opportunities that have become increasingly popular among sustainable fixed income investors.
Two Sustainable Investment Funds Reach Milestones (09/04)
Community Capital Management's flagship fixed income fund celebrates its fifteenth anniversary, and the fossil fuel free Green Century Equity Fund reaches $100 million in net assets.
Instability in Middle East Dampens Investment (08/26)
A white paper from Business Monitor International analyzes foreign direct investment in the Middle East and North Africa and concludes that political instability has led to declines in several countries.
PRI Assets Top $45 Trillion (06/19)
During the past year the Principles of Responsible Investment added more than 200 new signatories, bringing the current number of signatories to 1,265.
Third National Climate Assessment Published (05/06)
In its new report, the US Global Change Research Program asserts that the effects of climate change have already become a present day concern, and announces the launch of a website to help Americans receive reliable scientific information.
News Briefs for March 20th (03/20)
Green Century Capital Management releases an animated fossil fuel free investing video, and Community Capital Management announces the launch of the CCM Alternative Income Fund.
Book Review: Green Investing: More Than Being Socially Responsible, by J. Patrick Costello (03/10)
The author, a Certified Financial Planner, provides both financial justification for the practice of sustainable investment as well as a primer on investing for the typical investor.
Community Capital Management Publishes First Impact Report (02/11)
The Florida-based fixed-income investment adviser reports on its use of proceeds and the social programs financed by its investment activities.
New Stock Indexes Champion Sustainability (09/27)
The United Nations Global Compact creates an index of 100 companies adhering to its principles, and STOXX launches two indexes using key performance indicators developed by Axel Hesse.
Alliance Trust Investments Measures Carbon Footprints of its Funds (08/29)
The UK investment firmís analysis reveals that three of its sustainable equity funds emit less than half the carbon dioxide of their benchmarks.
Sustainable Investment Firms Comment on Fed Plan to Ease Stimulus (08/28)
The Appleseed Fund expresses some skepticism of the Federal Reserve's optimistic outlook, while Green Century Capital Management highlights the World Bank Green Bonds as part of a diversified portfolio.
Community Investment Practitioners Urged to Diversify Approaches (08/27)
A new report published by US SIF notes barriers to increased community investment but finds that the industry is poised for expansion if practitioners can diversify products and marketing.
Shareowner Support for Environmental and Social Resolutions at a Ten-Year High (08/16)
Jackie Cook of Fund Votes summarizes the 2013 proxy season and notes strong support for shareowner resolutions across the environmental, social, and corporate governance spectrum.
US SIF Offers Guides on Climate Change Investment for Retail and Institutional Investors (08/15)
Warning of the urgent crisis that is climate change, the guides provide basic information on voting proxies, filing shareowner resolutions, and public policy advocacy.
Investors Renew Call for Genocide-Free Investing at ING (08/12)
More than a year has passed since a majority of shareowners supported a resolution sponsored by Investors Against Genocide, but the financial services firm continues to refuse to implement a genocide-free investment policy.
More than $90 Million Invested in SJF Ventures Fund (05/04)
SJF Ventures, a sustainable venture capital partnership, conducts the final closing of its SJF Ventures III fund with more than $90 million in equity investments in cleantech and technology-enhanced services.
US SIF Launches Online Course on Sustainable Investment (04/18)
The Forum for Sustainable and Responsible Investment launches the Center for Sustainable Investment Education and the first online course offering of its kind in the US.
On Divestment and a Portfolio Free of Fossil Fuels (04/05)
The debate over the investment implications of divestment continues, but the Green Century Balanced Fund has a carbon footprint less than half that of the S&P 500 without sacrificing financial returns.
15 Million Shares Vote for Genocide-Free Investing Proposal at Mutual Fund (03/15)
Investors Against Genocide calls on Franklin Templeton to adopt a policy against investing in companies whose operations contribute to genocide.
Pax World Adds TIAA-CREF to ESG Managers Portfolio (03/12)
TIAA-CREF's fixed-income Social Choice Bond Fund, launched in September, will be included in the Moderate and Conservative portfolios of the series of asset allocation funds.
Portfolios Can Thrive After Fossil Fuel Divestment (01/31)
As students on campuses across the country respond to climate change by calling on universities to divest fossil fuel holdings, an analysis reveals that divestment could add little financial risk to portfolios.
Sustainable Investment Forums Form International Alliance (01/29)
The Global Sustainable Investment Alliance, consisting of seven major sustainable membership organizations, publishes a survey of global trends in sustainable investment.
Genocide-Free Investing Proposal on Proxy Ballot at Franklin Templeton (01/26)
For the first time in at least 19 years, investors in the mutual fund will vote on a shareowner resolution, calling on the company to adopt policies to avoid investing in companies that contribute to genocide.
Sustainable Investment Assets Continue Growth in Canada (01/17)
The biennial report by the Social Investment Organization of Canada reveals that sustainable assets under management now represent 20% of the total.
European Sustainable Funds Hold Own in 2012 (01/11)
The twelfth annual study of Green Social and Ethical Funds in Europe by Vigeo Italia notes that consolidation of the industry has continued for a third year.
Top Sustainable Investment Stories of 2012, Part 1 (12/26)
Assets allocated to sustainable investment continue to rise, with increasing amounts focusing on positive screening strategies; however, mainstream mutual funds continue to lag in supporting shareowner resolutions addressing climate change and corporate political spending.
Mutual Funds Slow to Engage on Political Spending (12/11)
Despite growing attention to the risks for corporations, support by mutual funds for resolutions addressing political spending decreased in 2012.
FairPensions Calls on UK Ethical Funds to Adopt Positive Screening and Increase Corporate Engagement (12/10)
A survey of nineteen UK-based ethical funds finds that most continue to rely on negative screening of sin stocks, and few have committed to shareowner engagement with corporations.
Community Capital Management Helps Fund Sandy Relief (12/04)
The fixed income investment manager announces that through its CRA Qualified Investment Fund it will dedicate $100 million in assets toward investing in recovery from the hurricane.
Community Capital Management Invests over $4 Million on Behalf of Sustainable ETF (11/21)
The Florida-based fixed income investment manager, one of the portfolio managers for the AdvisorShares Global Echo exchange-traded fund, invests in projects that promote job creation and provide housing for low- and moderate-income residents.
Calvert Launches Emerging Markets Fund (11/07)
The Calvert Emerging Markets Equity Fund uses the firm's environmental, social, and corporate governance criteria in determining the components of a portfolio investing in the fastest-growing segment of the global economy.
2012 Newsweek Green Rankings Published (10/22)
With research provided by Sustainalytics and Trucost, this year's Green Rankings note a 20% improvement in companies disclosing environmental information.
Three Community Development Financial Institutions Receive 2012 NEXT Awards (10/09)
Primary Care Development Corporation will receive $4.25 million to expand beyond New York State, while Clearinghouse CDFI and the Corporation for Supportive Housing each receive awards of $2 million.
Emerging Markets ESG Updates Database of Contacts (08/18)
SocialFunds.com talks with Geoffrey Mazullo, whose twenty years of involvement with environmental, social, and corporate governance issues in emerging markets have provided him with a wealth of data and contacts compiled in a unique resource.
Eurosif Supports Sustainability Disclosures for Retail Investors (07/30)
The European Commission proposes legislation that would require investment funds and other packaged retail investment products to disclose in key information documents whether they target sustainable outcomes.
PRI Publishes Case Studies of Sustainable Investment (07/27)
A report provides examples of sustainable investments by CalPERS and other signatories to the Principles for Responsible Investment, and argues for government policies to help mitigate the risks of such investments.
Institutional Investors: Part of the Problem or Part of the Solution? (07/24)
Authors Ben Heineman and Stephen Davis argue in a working paper that many institutional investors lag behind corporations in transparency, and call for a national database on the behavior of institutions. Second of a two-part series.
Community Investment Options Increase but Barriers Remain (07/04)
A report from US SIF details an increasing number of community investment options, but low awareness, perceptions of low returns and high risk, and increased regulatory scrutiny remain as barriers to a wider uptake of the practice.
Proxy Voting on Climate Change by Mutual Funds Fails to Account for Materiality (06/09)
An analysis by Ceres and Fund Votes of 2011 proxy voting reveals that the three largest mutual funds failed to vote in favor of a single climate-related resolution.
Fund Seeks to Improve the Lives of East African Farmers (06/08)
The Global Impact Investing Network publishes a case study of the African Agricultural Capital Fund, which invests in environmentally sustainable agriculture projects to benefit the rural poor in sub-Saharan Africa.
Clean Energy Initiatives on the Increase in Many States (05/30)
The third annual State Clean Energy Index from Clean Edge ranks California first among states in its adoption of such indicators as electricity generation from renewable sources and deployment of hybrid and all-electric vehicles.
New Exchange Traded Fund Will Support Sustainability Themes (04/21)
A portion of the assets of AdvisorShares Global Echo ETF will support the Global Echo Foundation, a charitable foundation co-founded by Philippe Cousteau.
Private Equity Increases Sustainability Focus (03/27)
Programs encouraging the uptake of environmental, social, and corporate governance considerations by private equity firms include the Environmental Defense Fund's Green Returns initiative.
Initiative of Calvert Foundation Seeks to Invest in Women (03/15)
A $1 million grant from the Citi Foundation launches the Calvert Foundation's Women Investing in Women Initiative, which seeks to raise $20 million for economic opportunities for women.
SJF Ventures Announces Initial Closing of Impact Investment Fund (03/10)
Capitalized entirely by private investment, the $75 million SJF Ventures III fund will target growth-stage cleantech companies with positive impacts on low-to-moderate income communities.
Study Identifies Financial Institutions Investing in Nuclear Weapons (03/07)
The International Campaign to Abolish Nuclear Weapons names 322 financial institutions from 30 countries with substantial investments in the $100 billion-a-year nuclear weapons industry.
Generation Investment Management Calls for Sustainable Capitalism by 2020 (02/22)
The firm expands upon a manifesto written by co-founders Al Gore and David Blood and calls for mandatory integrated reporting and the pricing of externalities, an end to quarterly earnings guidance, and loyalty-drive securities for long-term investors.
Interview: Cary Krosinsky, Editor of Evolutions in Sustainable Investment (02/03)
SocialFunds.com talks with Krosinsky about the challenges to as well as the inevitability of a mainstream uptake of sustainable investing strategies.
UN Adaptation Database Highlights Corporate Sustainability Efforts (01/30)
The UN Framework Convention on Climate Change publishes an online database featuring case studies of climate change adaptation activities undertaken by private companies.
Book Review: Evolutions in Sustainable Investing: Strategies, Funds and Thought Leadership (01/28)
Trucost executive Cary Krosinsky edits a book of essays demonstrating that sustainable investment in an era of growing resource scarcity yields significant opportunities for portfolio outperformance.
Pax World Appoints New Portfolio Manager for Global Women's Equality Fund (01/10)
Ivka Kalus-Bystricky will lead Pax World's Global Women's Equality Fund, which invests primarily in large-cap companies that promote gender equality and women's advancement.
Brazilian Stock Exchange Recommends that Companies Report or Explain (01/07)
BM&FBOVESPA, the Brazilian Stock Exchange, adopts report-or-explain position to encourage sustainability reporting by listing companies in advance of the Rio+20 conference in July.
Community Capital Management's Flagship Fund Surpasses $1 Billion in Assets (12/14)
The Community Reinvestment Act (CRA) Qualified Investment CRA Shares fund, which helps banks meet the credit needs of the communities in which they operate, now has over 300 bank shareowners.
NYSE Euronext and Bloomberg New Energy Finance Launch New Clean Energy Stock Indexes (11/30)
The indexes, which will track clean energy stocks in three regions globally, will soon be joined by industry-specific indexes; in the US, new sources of investment must be found to maintain the growth spurred by stimulus funds.
New SJF Ventures Fund Is Designated a SBIC Impact Fund (11/04)
The North Carolina-based venture capital partnership receives green light to capitalize a $75 million fund that will invest in cleantech startups in low-to-middle income communities.
New Green Bonds Product Will Support Climate Protection (10/20)
State Street Global Advisors says its High Quality Green Bond product will invest in green bonds issued by supranational or multilateral development banks.
Dow Jones Sustainability Indexes Completes Annual Update (09/10)
Medtronic and Goldman Sachs are added, while Coca-Cola, Hewlett-Packard, and Microsoft are dropped.
Bill Would Give Federal Employees a Sustainable Investment Option (07/23)
Congressman Jim Langevin reintroduces the Federal Employees Responsible Investment Act, which would provide a Corporate Responsibility Index as an investment option for federal employees.
MSCI Launches Socially Responsible Index Series (06/29)
The indexes add exclusions of controversial industry sectors to the best-in-class criteria used by MSCI in its ESG index series.
ING Retirement Plan Adds Sustainable Investment Option (06/20)
ING's US Retirement Services will offer Pax World's ESG Managers Portfolios series of funds to participants in many of its defined contribution retirement plans.
Sentinel Investments Creates Two New Sustainable Funds (04/16)
With the acquisition of Citizens Funds, Sentinel Funds reorganizes existing Citizens Funds to launch Sentinelís first sustainable products.
New Fund Invests in Tomorrow's Green Stars (04/09)
ThinkCapital launches a green growth fund that focuses on sustainable companies.
New Northern Trust Sustainability Mutual Fund (04/03)
The KLD Global Sustainability Index provides the universe for a new mutual fund.
Three New SRI Funds from Pax World (04/02)
Sustainable investing pioneer Pax World adds Global Green, International, and Small Cap Funds to its SRI family of funds.
New Pax Products on the Way (03/18)
Investors can look forward to fresh products from Pax World who has licensed the KLD Sustainability Indexes.
Social Investment Options on the Rise (01/17)
A flurry of new socially responsible mutual funds and products makes it easier then ever to invest in a double bottom line.
Launch of Five Climate Change Funds May Enrich Investors, But Won't Save the World (11/15)
Deutsche Bank, F&C, HSBC, Schroders, and Virgin Money launch climate funds, a trend that validates the role of finance in addressing--though not solving--global warming.
Growing Up Green: Winslow Offers New Mid-Cap Green Mutual Fund (11/13)
As the green market place expands, Winslow launches a mutual fund to capitalize on middle-sized growth companies that offer green solutions.
New Pax World Value Fund Follows "Contrarian Value" Strategy (10/04)
Pax World's new Fund travels the globe looking for sustainable, yet undervalued companies.
Canada is Coming Clean: First Canadian Global Clean Energy Fund Launched (09/19)
Criterion Investments has announced its Global Energy Fund, reflecting a growing enthusiasm for clean energy by investors, companies and governments.
Selling As A Clear Message: Investors Rid Their Portfolios Of Companies With Ties To Sudan (07/12)
Claymore/KLD offers the First Sudan Free ETF for retail investors while the SEC's new list of companies operating in "States of Terrorism" is seen by some as too broad.
Forget Fossil Fuels, Calvert Now Offers Global Alternative Energy Fund (06/20)
Calvert releases a survey of US investors on climate change and expands its family of funds with an alternative energy fund.
MMA Now Offers Small Cap and Growth Index Funds (06/16)
Leading faith-based investment company MMA Praxis Mutual grows its offerings with two new screened funds.
Gabelli Launches New Value-Oriented SRI Fund (06/08)
Gabelli Funds offers its first open SRI Fund, backed up by years of SRI experience working with institutional investors.
Calvert's New Growth Fund Has Global Focus (06/06)
American SRI pioneer Calvert launches the Calvert International Opportunities Fund, a small and mid-cap fund with UK-based F&C Management as sub-advisor.
Innovative Fund Looks to Johnny Appleseed for Inspiration (05/24)
The Appleseed Fund offers social investors a fresh venue for investing in undervalued companies selected for their social and environmental records.
Proven Community Investment Fund Now Open to All (05/18)
Access Capital Strategies changes the structure of its Community Investing Fund to allow individuals and small institutions to invest in the Fund.
Over the Hedge: New Green Hedge Fund of Funds (04/27)
Kenmar plans to launch socially responsible hedge fund of funds for institutional investors.
Spectra Green Fund Offers a Different Shade of Green (04/11)
The Spectra Green Fund, from Fred Alger Management, broadens approach to selecting sustainable and environmentally conscious companies.
ABN AMRO Asset Management Launches First Indian SRI Mutual Fund (03/22)
New fund focuses on companies screened by Indian research and ratings company CRISIL.
Social(k) Catalyzes SRI Retirement Opportunities for Employees (02/09)
Social(k)ís online retirement platform expands companiesí retirement options by offering over 100 SRI funds.
MicroVest Secures Mutual Fund Investor (01/17)
Meritas Jantzi Social Index Fund Invests with MicroVest
New Domini Funds Invest in the World (01/11)
Domini charts new territory with the creation of the Domini PacAsia Social Equity Fund and the Domini EuroPacific Social Equity Fund.
Another Clean Energy Exchange Traded Fund to Launch (12/12)
First Trust Advisors is slated to introduce an ETF that tracks the NASDAQ Clean Edge US Liquid Series Index early next year.
New Exchange Traded Fund Tracks Domini 400 Social Index (11/22)
Barclays Global Investors launches the iShares KLD 400 Social Index ETF.
Two New ETFs Fight Climate Change: One Bridges Shift to Cleaner Energy, One Pushes Cleantech (11/02)
The PowerShares WilderHill Progressive Energy Portfolio and the PowerShares Cleantech Portfolio offer investors increasing choice for investing in climate change solutions.
Pax World Drops Zero Tolerance Screens on Alcohol and Gambling (10/26)
SocialFunds.com speaks with Pax World CEO Joe Keefe about changes approved today, including the addition of governance, climate change, and human rights screens.
Blue Funds to Invest in Companies that Support Democrats (10/13)
The two new funds seek to capitalize on research that finds that Democrat-supporting companies significantly outperform Republican-supporting companies.
New Socially Responsible Investing Portfolios Offer Alternatives to SRI Mutual Funds (10/03)
Investment advisors can now offer retail clients separate accounts tracking seven different indexes, and a new index is geared toward high net worth individuals with Catholic values.
Barclays Files for Permission to Launch iShares ETF Tracking the Domini Social Index (09/07)
The exchange-traded fund will likely have a low expense ratio, but will not conduct shareowner engagement like the other fund tracking the DSI, the Green Century Equity Fund, does.
Pax World and Citizens Announce Engagement (09/05)
The marriage would consolidate two leading socially responsible investing firms with primarily complementary offerings.
Green Century Equity Fund Seeks Shareowner Okay to Continue Tracking Domini Social Index (08/30)
Green Century also announced its intention to lower the expense ratio for the fund with aim of enlarging the fund's investor base.
Domini Shareowners Approve Shift from Index Tracking to Active Management (08/24)
The transition carries implications for investors, such as capital gains taxes, which Domini is strategically mitigating.
Alternative Energy Revolution Fueled by New Fund Launches Despite Sector Downturn (08/17)
The launch of the Guinness Atkinson Alternative Energy Fund testifies to optimism about the sub-sector echoed by the launch of the first renewable energy hedge fund by Ardsley Partners.
First Socially Responsible Investing Portfolio Devoted to Diversity Launched (07/31)
Minority-owned Creative Investment Research conceived of the portfolio to promote corporate diversity while targeting women and minority investors for economic empowerment.
Trillium Takes the Reins from Winslow in Managing the Green Century Balanced Fund (07/24)
The transition in portfolio managers has shifted the fund back to its roots as a core portfolio holding by reducing risk and diversifying holdings across the multi-cap space.
Parnassus Small Cap Fund Identifies Unique Sustainability Characteristics to Outperform Russell 2000 (07/19)
While the introduction of the Parnassus Workplace Fund a year ago piqued interest, the Parnassus Small Cap Fund unveiled at the same time is turning heads with strong financial performance.
Canadian SRI Funds Perform On Par with Mainstream Funds (06/21)
A survey of Canadian socially responsible investing funds finds a broad range of rigorousness in assessing corporate social and environmental sustainability.
Winslow and Jupiter Launch Global Green Fund Using Only Positive Environmental Criteria (06/12)
The Jupiter Green Investment Trust pioneers cross-continent collaboration and evolution from negative screening to positive sustainability criteria.
Bank of China International Investment Managers Launches First SRI Fund in China (06/06)
The fund combines quantitative screening with qualitative assessment on issues such as corporate governance and social responsibility, but it is unclear how it will handle human rights.
Domini Fund to Shift from Indexing to Active Management (05/26)
Domini Social Investments proposes shifting the Domini Social Equity Fund from tracking the Domini 400 Social Index to being actively managed by Wellington Management.
Japanese Fund First to Track KLD Global Climate 100 Index (05/19)
The construction methodology of the Global Climate 100 distinguishes it from other clean energy indexes, and distinguishes this fund from other Japanese eco funds.
Student-Managed Socially Responsible Investing Fund Outperforms the Market (05/05)
The faculty advisor to the Arnone-Lerer SRI Fund at Villanova University attributes a quarter of the outperformance to environmental, social, and governance factors.
Amana Funds Continue Strong Performance (03/31)
The Amana Funds' Islamic principles coincide with sound investment strategies that have helped fuel strong financial performance over the past three years.
Thirty Years and Counting: Cofounder Wayne Silby Recounts the Birth of Calvert (03/18)
To celebrate the thirtieth anniversary of Calvert, SocialFunds.com speaks with co-founder Wayne Silby about its genesis, development, and future.
A Serendipitous Match: Davis Advisors Takes Over MMA Praxis Core Stock Fund (03/16)
The portfolio holding of Wal-Mart exemplifies (oddly enough) how both Davis Advisors and MMA Praxis emphasize the importance of stewardship and shareowner empowerment.
New Domini Funds Invest in the World (01/10)
Domini charts new territory with the creation of the Domini PacAsia Social Equity Fund and the Domini EuroPacific Social Equity Fund.
MorningStar analyst comments on Citizens Value Fund (12/05)
Value-oriented SRI fans should check out Citizens Value
Calvert World Values Fund Tackles Challenges of International Socially Responsible Investing (11/29)
The fund delivers double-digit three-year returns for shareholders while screening for corporate environmental, social, and governance performance in international and emerging markets.
Rising Oil Prices Fuel Investment Returns in Renewable Energy for New Alternatives Fund (10/14)
The first environmental mutual fund is also globalizing its reach to capitalize on innovative developments in alternative energies in other countries.
SRI Utilities Fund Flicks Switch to Power Strong Returns (10/07)
The Flex-funds Total Return Utilities Fund uses environmental and social screening in addition to fundamental analysis to identify sustainable utilities.
Changing of the Guard: Vanguard Pulls a Switcheroo on SRI Index Providers (10/06)
Vanguard is swapping the benchmark for its socially responsible investing index fund from the Calvert Social Index to the FTSE4Good US Select Index.
Domini Goes Abroad with New European Fund (09/22)
The fund allows US social investors to diversify their portfolios into a region with attractive investment opportunities and corporations with strong sustainability commitments.
A Next Generation SRI Strategy: The Henderson Industries of the Future Fund (09/13)
By extending to its entire portfolio a focus on ten sustainability industries, Henderson has conceived of a novel approach to socially responsible investing.
CalSTRS Follows Calvert Blueprint to Capitalize on Money Manager Diversity (08/09)
Both CalSTRS and Calvert see efforts to identify emerging money managers as smart business and socially responsible as well.
Winslow Green Growth Fund: On the Rise Again (08/03)
Following up on its stellar 2003 performance, the environmentally-focused fund is again significantly outperforming its peers and benchmark.
Panning for Gold: Principle Profits Applies Socially Responsible Investing to Microcaps (06/23)
Massachusetts firm examines financial, social, and environmental performance to identify future winners.
Women's Equity Mutual Fund Supports Businesswomen Through Screening and Now Microfinance (06/17)
Subadvisor Walden Asset Management provides research on how companies treat women, and Blue Orchard Finance provides a new securitized product supporting microfinance institutions.
The Power of Three: SJF Ventures Sets Precedent in Community Development Venture Capital (06/16)
SJF and its partners won all three award categories at the annual conference of the Community Development Venture Capital Alliance, which promotes economic, social, and environmental advancement.
Gabelli Asset Management Launches SRI Hedge Fund Focused on Catholic Values (06/07)
The fund uses short-selling and merger arbitrage strategies, and screens out companies involved in abortion, contraception, stem cells, and pornography, as well as the top 50 defense contractors.
Catching a Rising Knife: Sophia Collier Manages the Citizens Value Fund (05/20)
Whereas former portfolio manager Shelly Meyers tried to catch falling knives, Ms. Collier shifted to a more conservative strategy that has generated much better returns.
Ethical Funds Hires Manning & Napier to Manage Its North American Equity Fund (05/19)
Former portfolio manager Alliance Capital Management got the boot due to poor performance and a lack of diverse strategies to navigate market cycles.
Newly-Launched Funds Advance the Maturation of Socially Responsible Investment (05/03)
Calvert launches two fund of funds comprised of existing Calvert funds across a range of asset classes; Domini releases load-share clone of flagship fund for use by commission-based brokers.
Parnassus Workplace Fund Launches Today, Along With New Small- and Mid-Cap SRI Funds (04/28)
While many socially responsible investment funds assess workplace criteria, the Parnassus fund is the first to lead with this issue.
New SRI Managed Account Uses Options to Capitalize on Market Ups-and-Downs (04/01)
The socially responsible investment team at Piper Jaffray screens the new Redwood Account, which applies the covered options strategy of Kelmoore Investment Company.
Wanted: Socially Responsible Real Estate Investments (03/18)
An academician searches for socially responsible real estate investment trusts, finding few that fit the definition, as well as disagreement over what criteria define SRI REITs.
Not Just for Corporations: Six Microfinance Banks on Three Continents Use GRI Guidelines (03/16)
Microfinance institutions in Africa, Asia, and South America are issuing sustainability reports using Global Reporting Initiative guidelines, as are other non-corporate entities such as GRI itself.
A Mainstream Investment Strategist Comes Home to Socially Responsible Investment (03/11)
Adam Seitchik views his move from Deutsche Asset Management, where his team managed $60 billion in assets, to Trillium Asset Management, which manages around $1 billion, as upward mobility.
MMA Praxis International Fund Buoyed by Strong Performance in Global Markets (02/25)
Growth is concentrated in sectors and companies that are excluded by social and environmental screens.
Pax World Tells Its Shareowners That Market Timers Hit Its High Yield Fund in 2003 (01/21)
In a letter to shareowners, Pax said it believes the market timing differed from the abusive forms associated with the mutual funds scandal and that shareowners did not suffer any material losses.
Calvert First SRI Firm to Issue Global Reporting Initiative-Based Sustainability Report (12/30)
While many small-to-medium-sized enterprises consider sustainability reporting prohibitive, Calvert finds value in doing what it asks publicly traded companies to do.
European Socially Responsible Investment Firms Let the Sun Shine In (11/19)
The European Social Investment Forum releases transparency guidelines covering seventeen socially responsible investment practitioners.
Calvert Fills Gap in Small- and Mid-Cap SRI Value Categories With Two New Funds (10/12)
The two new funds add diversification options to the socially responsible investment (SRI) palate.
Morningstar Grades Mutual Fund Governance, SRI Funds Rate Well (10/11)
Morningstar Fiduciary Grades find relatively few areas of weak performance for those socially responsible investment mutual funds rated.
Institutional Investors Can Now Hedge Climate Risk With New Investment Strategy (09/24)
The strategy combines the investment algorithms of State Street Global Advisors with an environmental overlay from Innovest Strategic Value Advisors.
First Alternative Energy Index Spawns Exchange Traded Fund (09/09)
The WilderHill Clean Energy Index, published by the American Stock Exchange, will serve as the basis for an exchange traded fund from PowerShares Capital Management.
How Do SRI Firms Walk Their Talk When It Comes to Corporate Social Responsibility? (08/13)
Socially responsible investment firms take particulars such as scale and sector into account in their CSR expectations at the companies they own and in their own operations.
The Value of Transformation: The Catholic Equity Fund (08/11)
After transforming itself from three actively managed funds into one index fund, the Catholic Equity Fund works to transform corporate practice through shareowner advocacy.
CRAFund Goes Retail (08/10)
Formerly available only to institutional investors, the Community Reinvestment Act Qualified Investment Fund is now available to individuals through Charles Schwab.
Microcredit Development Fund Helps Transform Household Scraps into Sustainable Entrepreneurship (08/05)
The Deutsche Bank Microcredit Development Fund seeks to alleviate poverty worldwide by helping microfinance institutions grow to scale and achieve sustainability.
Sarona Supports Microfinance To Help Alleviate Poverty in Developing Regions (06/03)
The Sarona Global Investment Fund finances starch processing in Paraguay, a foundation supporting small enterprises in Romania, and a savings and loan cooperative in Haiti.
Daiwa Launches Japan's Newest Socially Responsible Investment Fund (05/07)
The new Daiwa SRI Fund will focus not only social and environmental issues, but also corporate integrity, ethics compliance, and transparency.
Into Africa: The Paradox of Socially Responsible Investing in the Developing Continent (04/01)
To support sustainability in Africa, social investors can invest directly outside the SRI community, or else they can pursue community investment and shareowner action.
CRA Fund Helps Transform Environmental Liabilities Into Social Assets (02/12)
The CRA Fund supports environmental remediation of brownfield sites, helping transform them into socially beneficial projects.
Meritas Launches First Canadian SRI Rebalancing Fund of Funds (02/04)
The Meritas Balanced Portfolio Fund uses Modern Portfolio Theory to build a single fund that balances asset allocations between its five existing funds.
Watchdog Fund Established to Take a Bite Out of Corporate Governance Malfeasance (12/09)
The new investment vehicle is part mutual fund, part shareowner advocate, and part hedge fund.
Two New Real Assets Funds Attract $25 Million in Their First Two Months (12/03)
The Real Assets Social Leaders Fund and Social Impact Balanced Fund are off to a flying start, re-invigorating social investing in Canada.
SRI Short Selling: an Oxymoron, or Mutually Reinforcing Strategies? (10/29)
Socially responsible investing strategies rarely include short selling, though this tactic may in fact eclipse other SRI strategies in its ability to effect change.
Vanguard Fund Generates Strong Returns by Replicating the Calvert Social Index (10/24)
The Vanguard Calvert Social Index Fund outperformed more than four-fifths of its peers in the overall US mutual fund universe with similar investment styles over the past year.
Ave Maria Funds Promote Catholic Values Through Morally Responsible Investing (09/12)
Ave Maria Mutual Funds, which screen abortion, pornography, non-marital partner benefits, and Planned Parenthood contributors, represent another side of SRI.
Domini Social Bond Fund Supports Community Development Financial Institutions (08/06)
The Domini Social Bond Fund allocates almost seven percent of its assets to CDFIs while also performing like a classic intermediate-term bond fund.
The ABCs of SRI Mutual Fund Share Classes (07/30)
The complexities of different share classes, or fund loads, can confuse investors--brokers and finance writers can either help clarify and further obfuscate.
Survey Finds SRI Fund Managers See Bright Future in Europe (07/25)
A recent survey of fund managers conducted by UK Social Investment Forum and Thomson Extel reveals high expectations for significant SRI growth in Europe. Those surveyed also ranked top SRI firms and analysts.
The Sun is Rising on SRI in Japan (06/19)
A major Tokyo public pension fund commits to socially responsible investing, an indication of Japan's growing interest in SRI (part one of a two-part article.)
Catholic Institutional Investors Launch an SRI Fund of Funds Hedge Fund (06/10)
In order to fill a market niche, five Catholic healthcare organizations joined forces to launch an SRI fund of funds hedge fund that is available to other institutional investors.
TIAA-CREF Adds Positive Screens and Replicates Russell 3000 Performance (05/21)
TIAA-CREF constitutes its Social Choice Equity Fund based on the KLD Broad Market Social Index to track the returns of its new benchmark, the Russell 3000 Index.
The Switch to Socially Responsible Investing Affords Choice and Confers Power (05/05)
The continuation of one investor's story of how he chose SRI mutual funds, and his reflections on the power of socially responsible investing (part two of a two-part article).
The Effects of 9/11 and the Iraq War on Islamic SRI Funds (04/18)
Socially responsible investment funds that reflect Islamic values shed light on the issue of anti-Islam sentiment, which has run rampant after 9/11 and through the Iraq War.
When Lightning Strikes: Portfolio 21 Applies The Natural Step's Sustainability Theories (04/03)
Portfolio 21 applies environmental screens based on the principles of the Natural Step, which promotes sustainability.
Prince Albert of Monaco Helps Launch a New Sustainability Fund (02/07)
Instead of investing directly in equities, this new "fund of funds" from Monaco invests in SRI and sustainability funds.
Meritas Launches Four New SRI Funds for Canadian Group Pension Plans (02/05)
A mainstream group pension plan provider in Canada contracted Meritas Financial to create and manage four new SRI mutual funds for retirement plan investors.
SRI Investors Find Managers Funds Meets Current Income Requirements (01/28)
The mortgage-backed securities in the Managers Funds Short Duration Government Fund help it achieve solid financial performance.
Sierra Club Launches SRI Mutual Funds (01/15)
The Sierra Club is harnessing its name recognition and expertise on corporate environmental performance with its launching of an SRI equity mutual fund and an SRI balanced mutual fund.
Presbyterian Funds Honor Their History in SRI by Performing Well in the Present (12/19)
New Covenant Funds, which trace its SRI roots back well beyond its 1999 inception date, offers several mutual funds that have been performing better than their peers.
Citizens Funds Launches Two New SRI Mutual Funds (12/10)
Major SRI mutual fund firm marks 20 years in the business by adding two new SRI funds to its family.
SRI Index Fund Uses Overweighting and Underweighting to Fully Replicate S&P 500 (10/29)
Instead of screening companies in or out of the Total Social Impact Fund, this enhanced index fund concentrates its holdings in positive social and environmental performers.
Seven New SRI Mutual Funds Launched by Seminal Canadian Investment Firm (10/28)
Ethical Funds recently introduced seven new SRI mutual funds in response to investor requests and a poll that shows overwhelming support for shareowner action in Canada.
Hong Kong Investment Firm Launches New Asian SRI Fund (10/07)
The Kingsway SRI Asia Fund will apply both negative and positive screens to investments throughout the non-Japanese Asian markets.
Utilities: They're Not Just for Widows and Orphans Anymore (10/04)
Utilities may represent a wise investment in this bear market, especially for socially responsible investors seeking to capitalize on companies that have the best environmental records.
Innovative Community Investment Fund Attracts Institutional Investors (10/02)
The CRA Qualified Investment Fund, originally established to help banks fulfill a federal mandate for community investment, now appeals to a broader range of institutional investors.
Large Canadian Firm Launches Four SRI Mutual Funds (09/26)
Phillips, Hager and North will unveil four Community Values Funds, which apply socially responsible investment strategies.
Institutional Investors Are Slow to Apply SRI to Fixed Income (09/03)
While many institutional investors apply SRI strategies to the equity portion of their portfolios, they are leaving their income investments relatively untouched.
SRI Income Funds Yield Competitive Dividends (08/22)
Often overlooked, SRI income funds allow social investors to diversify their portfolios.
Conference to Consider the Business Case for SRI (07/29)
Institutional investors will discuss SRI at the Green Mountain SRI Summit, to be held in Stowe, Vermont in September.
SRI Mutual Funds Will Endure the Crisis in Confidence (07/23)
Socially responsible mutual funds are different from other mutual funds, and those differences help SRI mutual funds achieve competitive returns over the long term.
South African Community Growth Fund Celebrates Tenth Anniversary (07/17)
The Community Growth Fund invests in South African companies committed to sustainable development and triple bottom line reporting.
Fund Applies Socially Responsible Investing Principles to South African Markets (05/13)
Fraters Earth Equity Fund promotes positive corporate governance by engaging with the South African companies in which it invests.
South African Fund Applies Socially Responsible Investing Principles (05/13)
Fraters Earth Equity Fund promotes positive corporate governance by engaging with the South African companies in which it invests.
Mutual Fund Reports on Environmental and Social Returns (05/03)
Norway-based Storebrand reports on the environmental and social performance of companies in its international mutual fund.
Second State Offers Socially Responsible College Savings Plan Funds (03/07)
Pennsylvania offers socially responsible options for its 529 College Savings Plan.
New Canadian Social Fund Focuses on Positive Screening (02/28)
A Vancouver investment firm recently introduced a social fund that exclusively employs positive screening.
Socially Responsive Fund Looks Worldwide for Corporate Responsibility (11/06)
Enterprise Global Socially Responsive Fund uses both positive and negative screening in targeting companies both inside and outside the U.S.
Calvert Foundation Launches Donor Advised Fund (10/22)
With a $5,000 minimum, the Calvert Giving Fund enables many investors to reap the multiple benefits of having a donor advised fund.
New Survey Indicates Potential Growth for Faith-based Investing (08/29)
The survey, sponsored by MMA Praxis, found that over half of U.S. investors would be inclined to consider religious or other values in making investment decisions.
Seasoned Fund Stays Innovative (08/27)
The Dreyfus Premier Third Century Fund uses best-of-class screening to assess the environmental performance of companies in certain industrial sectors.
Social Fund Assets in the U.S. May Top a Quarter of a Trillion Dollars in Ten Years (08/09)
Study marking Pax World Funds' 30th anniversary also pegs current assets of U.S. socially responsible mutual funds at $103 billion.
All-SRI 401(k) Plan Debuts (07/27)
Seventeen social mutual funds compose a new, diversified plan that can also be customized to client needs.
Innovest Stretches Across the Atlantic and Pacific (07/20)
Social investment research firm tapped to provide services for a Dutch public pension fund and a T. Rowe Price mutual fund targeted at the Japanese market.
Morgan Stanley Dips Toe into Social Investing (07/18)
Morgan Stanley introduces the Morgan Stanley KLD Social Index Fund, which will track KLD's Large Cap Social Index.
Citizens Acquires Meyers Pride Value Fund (07/13)
Meyers Pride assets to become part of the new Citizens Value Fund.
Domini Social Equity Fund Turns Ten (06/21)
Nation's first screened index fund now can boast a decade of making a difference and making money.
Catholic Values-based Investment Products Rise in Number (06/07)
Introduction of faith-based screened indexes highlights recent growth in Catholic values-based investing.
Winslow Launches New Green Mutual Fund (05/16)
The Winslow Green Growth Fund will seek small- and mid-cap companies with superior environmental performance.
Four New Funds Floated (04/30)
The ARK Funds offers four new funds that will have exclusionary screens aimed at religious institutional investors.
Socially Responsive Fund Beats its Peers in First Quarter (04/23)
Neuberger Berman's sole social offering does better than most in a down market.
MMA Praxis to Offer New Social Index Fund (04/20)
First socially responsible value index fund will expand MMA Praxis’ fund family to four.
New Family of Social Funds Launched in Canada (04/04)
Number of socially responsible investment options expands by five.
Two Africa-focused Funds Merge (04/03)
Calvert's New Africa Fund and The RISA Fund are merged to create the Calvert South Africa Fund.
Mutual Fund Breaks New Ground in Community Investment (03/21)
The CRA Qualified Investment Mutual Fund now allows investors to direct their money to specific communities.
Profile: Smith Barney Asset Management's Private Portfolio Group (02/09)
The investment strategy of their Social Awareness Investment arm integrates fundamental financial assessment with research on socio-cultural trends and issues.
Calvert Family Grows By Two (11/06)
The nation's largest family of social funds adds a technology fund and a large-cap growth fund.
Calvert Group Gains Bridgeway Fund (08/25)
Two firms announce plans to merge Bridgeway Social Responsibility Portfolio into new Calvert product.
Calvert Group Focuses on Technology (08/07)
A leading provider of socially screened mutual funds plans to launch the first technology sector fund in the industry.
Citizens Funds Makes Gains on Board Diversity (05/23)
Three shareholder resolutions meet with success, highlighting Citizens efforts to create fairer representation in corporate boardrooms.
Pax Goes Public with Proxy Voting Results (05/22)
The first socially responsible fund becomes the second to publicize the results of their proxy voting activities.
Aquinas Funds Makes Social Investing a Matter of Faith (05/18)
The leading Catholic family of mutual funds finds common ground with socially responsible investors, and leads the way in shareholder dialogue.
Vanguard Introduces Social Index Fund (05/08)
In a giant stride into the mainstream, a socially screened mutual fund is offered by one of the largest fund families in the U.S.
Calvert Launches New Social Index (05/04)
The Calvert Social Index provides a valuable benchmark for social investors using the broad-based screens of a veteran fund family.
Ohio Fund Finds Room for Children to Grow (04/29)
Ohio Community Development Finance Fund promotes the social benefits of adequate childcare facilities across the state.
Pax World Funds Brings Computer Trash Out of the Closet (04/27)
A leading socially responsible fund family makes computer recycling a high-profile issue for social investors.
Earth Day 2000 Marks Threshold in Green Investing (04/25)
On the 30th anniversary of the national ecological celebration, Portfolio 21 is pioneering environmental sustainability as a pocketbook issue.
Winslow Management Has a Green Thumb for Investments (02/23)
An interview with Winslow president Jack Robinson reveals how his unique blend of financial and gardening background has resulted in a successful investment style.
Friends Ivory & Sime Spans the Atlantic with Two New Funds (02/09)
The London-based firm announces a fund invested in the U.S. and one in Europe, both for the U.S. market.
Social Index Funds Show the Way (02/07)
Almost nine years from its launch, Domini Social Equity Fund still leads the pack in terms of performance and raising investor awareness.
Business Ethics Announces Six Social Investment Award Winners (02/04)
Mutual funds and community investment firms gain high honors for both performance and social activism.
New Alternatives Fund Invests in a Greener Future (01/26)
The first environmental mutual fund remains optimistic about the future economic opportunities of alternative energy.
New Fund Smoothes the Fur of Animal Lovers (01/24)
Salomon Brothers collaborates with the Humane Society to launch a mutual fund with an animal-friendly bent.
Meyers Pride Value Fund Is Bullish on Open Workplaces (01/12)
Fund managers assert that companies with progressive policies toward gays and lesbians will be leaders in the 21st century.
New Mutual Fund Finds Promise in South Africa (01/10)
Reinvest In South Africa brings social investing back to its roots in the aftermath of Apartheid.
New Citizens Fund Says Small Is Beautiful (01/07)
One of the premier socially responsible mutual fund families welcomes a new Small Cap Index Fund into the world.
The Five Biggest Social Investing Stories of 1999 (12/30)
In the growing field of socially responsible investing, here's five news items that topped the charts and made 1999 a year to remember.
IPS Millennium Fund Looks Toward the High Technology Future (12/27)
An interview with Portfolio Manager Robert Loest reveals a mutual fund with personality and futuristic market savvy.
Calvert Brings Vanguard into Socially Responsible Arena (12/20)
A new socially screened index will be the benchmark for the Vanguard Calvert Social Index Fund, not to mention 14 million potential new clients.
Labrador Mutual Fund Bounds Into Second Year (12/14)
Which socially responsible growth and income mutual fund has big brown eyes and fetches high returns?
TIAA-CREF Stands Firmly Against Positive Screening (12/10)
Despite a three-year campaign by the same participants that brought about the Social Choice Account, TIAA-CREF asserts, "it ain't broken, so why fix it."