The jury is out. Bloomberg and U.S. SIF have compiled a ten mutual funds that have taken environmental, social and corporate governance (ESG) into account and are also performing well above the S&P 500 benchmark.
The WinnersESG Funds With The Highest Score
Parnassus Endeavour funds PARWX and PARNX, and Calvert Small Cap CCVAX and US Large Cap Responsible Index CSXAX led the top 4, totaling nearly $6 billion AUM.
Neuberger Berman’s NRAAX, another Parnassus fund PARMX and another fund Calvert CSIEX, all also in the top 10, notably held more than $2 billion each under management.
Investors have taken notice, Bloomberg says. Investments in these types of ESG funds are up 33 percent in the U.S. since 2014, to $8.7 trillion, or 22 percent of all professionally managed U.S. assets.
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“Ten Funds With A Conscience,” Bloomberg, July 2017.
“Ten Vanguard Funds That Are Socially Responsible,” Kiplinger, April 2017.
