Ethical investing has been gaining popularity in recent years as investors seek to make a positive impact while achieving financial returns. The concept of ethical investing involves putting money into companies or funds that align with one’s values and beliefs. This can range from environmental sustainability to social justice and human rights. If you’re looking to align your investments with your ethical values, here are some of the best ethical investment funds to consider in 2021.
1. Calvert Equity Portfolio
Calvert Equity Portfolio is a socially responsible mutual fund that focuses on companies with strong environmental, social, and governance (ESG) practices. The fund invests in companies that are leaders in their industries in terms of sustainability and ethical business practices. Calvert Equity Portfolio has a solid track record of outperforming its benchmark index and is a good choice for investors looking to align their investments with their values.
2. Parnassus Core Equity Fund
Parnassus Core Equity Fund is a sustainable fund that invests in companies with strong ESG practices and positive social impact. The fund seeks to generate competitive financial returns while also making a positive contribution to society and the environment. Parnassus Core Equity Fund has a long history of outperforming its peers and is a top choice for investors who want to invest in socially responsible companies.
3. TIAA-CREF Social Choice Equity Fund
TIAA-CREF Social Choice Equity Fund is a socially responsible mutual fund that invests in companies with high ESG ratings. The fund excludes companies involved in controversial industries such as tobacco, weapons, and fossil fuels. TIAA-CREF Social Choice Equity Fund has a strong track record of delivering solid returns while also making a positive impact on society and the environment.
4. Green Century Balanced Fund
Green Century Balanced Fund is a socially responsible mutual fund that invests in a mix of stocks and bonds of companies with strong ESG practices. The fund focuses on environmental sustainability and corporate responsibility, making it a good choice for investors looking to support green initiatives. Green Century Balanced Fund has a competitive performance track record and is a top choice for environmentally conscious investors.
5. Vanguard FTSE Social Index Fund
Vanguard FTSE Social Index Fund is an index fund that tracks the performance of the FTSE4Good US Select Index, which includes companies with high ESG ratings. The fund provides investors with exposure to socially responsible companies while offering a low-cost investment option. Vanguard FTSE Social Index Fund is a good choice for investors looking for a passive investment approach to ethical investing.
6. Domini Impact Equity Fund
Domini Impact Equity Fund is a socially responsible mutual fund that invests in companies with positive social and environmental impact. The fund focuses on sustainable and responsible investing, making it a top choice for investors looking to support companies that align with their values. Domini Impact Equity Fund has a solid performance track record and is a good choice for socially conscious investors.
7. TIAA-CREF Social Choice Bond Fund
TIAA-CREF Social Choice Bond Fund is a socially responsible bond fund that invests in fixed-income securities issued by companies with high ESG ratings. The fund excludes companies involved in controversial industries and focuses on environmental sustainability and social responsibility. TIAA-CREF Social Choice Bond Fund is a good choice for investors looking to diversify their portfolio with ethically responsible fixed-income securities.
In conclusion, ethical investing offers investors the opportunity to make a positive impact on society and the environment while achieving financial returns. The best ethical investment funds mentioned above provide a range of options for investors looking to align their investments with their values. Whether you’re passionate about environmental sustainability, social justice, or corporate responsibility, there are ethical investment funds available to help you achieve your financial and ethical goals. Consider adding one of these top ethical investment funds to your portfolio in 2021 and make a difference with your investments.