Do Socially Responsible Funds Help You Sleep At Night?


I once met a guy who refused to invest.

He didn’t want to own businesses that built missiles, hooked kids on cigarettes or extracted air-polluting fossil fuels. He met a financial advisor who offered a solution. He recommended a Socially Responsible fund. But its fees were high.

Fortunately, Socially Responsible (SRI) index funds exist. Most of them don’t invest in industries that manufacture tobacco, alcoholic beverages, weapons or nuclear power. But that doesn’t make them perfect. After all, your social values might differ your neighbour’s.

Image by Pixabay

Please read the rest of the story here

internaxx special deal for andrew hallam readers

Andrew Hallam

I’m a financial columnist for Canada’s national paper, The Globe and Mail, as well as for AssetBuilder, a financial service firm based in Texas. I’m also the author of Millionaire Teacher: The Nine Rules of Wealth You Should Have Learned in School (2nd Ed. Wiley 2017) and The Global Expatriate’s Guide To Investing: From Millionaire Teacher to Millionaire Expat (Wiley 2015). My mission is to educate, motivate and inspire people on basic retirement planning and best practices for investing, using evidence-based strategies. I'm happy to comment on your questions. However, please read the Terms of Use, Privacy Policy and the Comments Policy.

You may also like...

Leave a Reply

By commenting you confirm you have read and that you agree to the conditions on the Legal Page; including the Privacy Policy, the Cookie Policy, and the Comments PolicyFor your privacy we strongly recommend you do not use your real name. While your email address will not be published, your email may reveal your photo or a recognizable image if it is associated with . It is strongly suggest you do not use a corporate or ISP email address. We reserve the right not to publish comments that do not meet guidelines. Published comments will not be deleted.