Investing in ethical funds has been on the rise in recent years as more and more people become conscious of the impact their money can have on the world. Ethical investment funds, also known as socially responsible investment funds, are a type of investment fund that seeks to generate financial returns while also promoting social and environmental causes. These funds are becoming increasingly popular as investors look for ways to align their financial goals with their values. In this article, we will explore some of the top ethical investment funds currently available in the market.
1. Pax World Global Environmental Markets Fund
One of the top ethical investment funds in the market is the Pax World Global Environmental Markets Fund. This fund focuses on companies that are leaders in environmental sustainability and green innovation. Companies held in this fund are involved in areas such as renewable energy, clean technology, and energy efficiency. With a strong track record of delivering competitive returns, this fund is a great option for investors looking to make a positive impact on the environment.
2. Calvert Equity Fund
The Calvert Equity Fund is another top ethical investment fund that focuses on companies with strong environmental, social, and governance (ESG) practices. This fund uses a screening process to identify companies that meet its ethical criteria, including factors such as labor practices, human rights, and environmental impact. The fund has a long history of outperforming its benchmark and is a great option for investors who want to invest in socially responsible companies.
3. TIAA-CREF Social Choice Equity Fund
The TIAA-CREF Social Choice Equity Fund is a socially responsible investment fund that seeks to invest in companies with strong ESG practices. The fund uses a combination of negative and positive screening techniques to select companies that align with its values. With a focus on companies that promote diversity, inclusion, and sustainable business practices, this fund is a top choice for investors who want to make a positive impact on society.
4. Domini Impact Equity Fund
The Domini Impact Equity Fund is a pioneer in the field of socially responsible investing and one of the top ethical investment funds available. This fund focuses on companies that have a positive impact on society and the environment, while also delivering competitive returns. The fund also engages with companies on ESG issues and advocates for positive change through shareholder activism. With a long history of strong performance, this fund is a great option for investors looking to invest in companies that are making a difference.
5. Green Century Balanced Fund
The Green Century Balanced Fund is a top ethical investment fund that focuses on companies with strong environmental practices. This fund invests in a mix of equities and bonds, with a focus on sustainability and climate change mitigation. The fund also engages with companies on ESG issues and advocates for positive change through shareholder activism. With a strong track record of delivering competitive returns, this fund is a great option for investors looking to make a positive impact on the environment.
In conclusion, ethical investment funds offer investors the opportunity to align their financial goals with their values. By investing in companies that are making a positive impact on society and the environment, investors can support positive change while also generating competitive returns. The top ethical investment funds mentioned in this article are just a few examples of the many options available in the market. Whether you are passionate about environmental sustainability, social justice, or diversity and inclusion, there is likely an ethical investment fund that aligns with your values. Consider exploring these funds further and speak with a financial advisor to determine which funds are the right fit for your investment goals. With the rise of ethical investing, it is now easier than ever to make a positive impact with your money.