Socially responsible investment funds can also focus on gender equality.
Investing in mutual funds and exchange-traded funds that promote environmental, social and governance policies allows people to try and align their investments with their values – that includes investing in women.
A growing amount of data show that ESG-focused investments can perform just as well or even better than traditional investments, letting people do good socially and financially. That’s true for funds focusing on environmental and corporate governance factors, in which there are plenty of easy-to-quantify metrics. The data are less robust for funds focusing on improving social outcomes, such as those that purport to highlight women’s issues.
That lack of data hasn’t stopped fund issuers from creating investments geared toward women, as more women invest in stocks, mutual funds and ETFs. In fact, some research shows women are more likely to choose socially responsible investments.
But fund managers say it takes a bit more than simply choosing an investment marketed as gender-equitable to know that the fund does what it says does. The good news is that market observers say it’s getting easier. Here are a few aspects to know about gender-equitable investments:
money.usnews.com
0 comments:
Join the Conversation