Green Century Balanced Fund (GCBLX) Offers an Environmentally-Friendly Investing Opportunity Written By: Miranda Marquit 2008-08-15 10:31:51 With green investing becoming more popular, many people are looking for ways to diversify into green holdings -- and even diversify within their green holdings. One way to do this is with green funds and indexes. And a green fund that is doing fairly well, considering the stock market performance over the past year, is the Green Century Balanced Fund (GCBLX). GCBLX chooses from stocks and bonds from environmentally companies, according to the fund's objective.
Help Choosing an SRI Mutual Fund Written By: Casson Rosenblatt 2007-10-18 10:49:57
For those of you who are trying to find a SRI mutual fund to invest in, Amy L. Fontinelle on her blog Two Pennies Earned, has done some of the heavy-lifting for you. She narrows down a long list provided by Social Investment Forum and Morningstar and reviewed 16 funds in depth. This is how she describes her process:
I started compiling the list from funds that had 9% or higher returns over a 10 year period. I aim for this return myself whenever choosing a fund since the S&P 500 historically returns this amount and my retirement calculations are therefore based on it. Then I expanded my list to funds that returned 7% - 9% since there were so few in the first category. I also added other funds that sounded like they might have potential.
HSBC Launches Climate Change Index Written By: David Neubert 2007-09-26 11:07:34 Seems like every financial institution is getting on climate change and socially responsible investing. Somehow I think they are a bit ahead of most investors. I'd be much more interested in data about companies that see themselves as responsible for the planet and how they perform financially versus companies that exist only to reward their executives.
The HSBC Index tracks 300 companies worldwide that make money from fighting climate change, such as wind turbine and solar panel manufacturers and biofuel companies.
Investing on My Own Terms: A Definition of SRI Written By: Casson Rosenblatt 2007-06-25 10:30:40 Somewhere along the way, an industry becomes defined by the terms used to describe it. And then sprouts a descent saying that the original terms are somehow skewing the real meaning of what the industry does, or perhaps, unfairly paints another industry as not being what the new industry says it is. Such is the case with socially responsible investing (SRI).