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…
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…then this is the story for you!
Click below to read the rest of my AssetBuilder article.
Socially Responsible Index Funds: No Guns, Cigarettes or Sky-High Carbon Footprints
Earlier this month, a gunman opened fire at Borderline Bar and Grill, in Thousand Oaks, California. Thirteen people were killed, including the shooter. According to data from the Gun Violence Archive, it was the 307th mass shooting in the United States this year.More Americans now support increas…
