And Now, Socially Conscious ETFs

December 26, 2008 RSS Feed Print
  • Comment

Mutual-fund investors have plenty of options when it comes to socially screened funds. Not so for ETF investors (save for a couple of iShares offerings.) That may be about to change: New Hampshire fund family Pax World--a pioneer of SRI investing--is getting ready to launch three exchange-traded funds in this space: the sShares FTSE Environmental Technologies Index ETF, which will track 50 large alternative energy, water treatment, pollution control, and waste management companies worldwide; the sShares KLD Europe Asia Pacific Sustainability Index ETF, made up of companies with high environmental, social, and governance rankings; and the sShares KLD North America Sustainability Index ETF (here's the full filing.)

Tags:
investing

Reader Comments

Add Your Thoughts
Your comment will be posted immediately, unless it is spam or contains profanity. For more information, please see our Comments FAQ.

New Money

U.S. News Money takes a contemporary look at happenings in the financial world and aims to help young investors get going with their portfolios--or just sound cool at cocktail parties.

advertisement

advertisement