Socially Responsible Index Funds: No Guns, Cigarettes or Sky-High Carbon Footprints.

Plenty of mutual funds include shares in a wide range of so-called “sin stocks.”

They include weapons manufacturers, cigarette companies, alcoholic beverage businesses, casinos and companies associated with pornography.

Most index funds include such stocks. That’s why some investors shun index funds. Instead, they favor specific actively managed funds categorized as socially responsible or sustainable. 

If you’re an American who would like to build a socially responsible investment portfolio…

Image by Pixabay

…then this is the story for you!

 

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 and Millionaire Expat: How To Build Wealth Living Overseas. 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.

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1 Response

  1. josh says:

    Been waiting for this kind of advice, but having searched various markets (Lon, Amst…) via Internaxx none of the above seem available, just UBS. Am I missing something?

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