When it comes to investing, many people are turning to ethical funds as a way to align their financial goals with their values. Ethical funds, also known as socially responsible funds, invest in companies that meet certain environmental, social, and governance criteria. These funds are a great way to make a positive impact on the world while also potentially earning a return on your investment.
If you’re looking to invest in ethical funds, it can be overwhelming to sort through all of the options available. That’s why we’ve put together a list of some of the best ethical funds to consider adding to your investment portfolio.
1. Calvert Equity Fund
The Calvert Equity Fund is a top-performing mutual fund that focuses on companies with strong environmental and social responsibility practices. This fund has a track record of outperforming the market while investing in companies that are making a positive impact on society.
2. Parnassus Core Equity Fund
The Parnassus Core Equity Fund is a highly-rated fund that invests in companies with a commitment to sustainability and ethical business practices. This fund has a history of strong performance and is a great option for investors looking to align their values with their investments.
3. TIAA-CREF Social Choice Equity Fund
The TIAA-CREF Social Choice Equity Fund is a socially responsible fund that invests in companies with high ESG scores. This fund has a diversified portfolio and a solid track record of performance, making it a popular choice for ethical investors.
4. Domini Impact Equity Fund
The Domini Impact Equity Fund is a pioneer in socially responsible investing, focusing on companies that are leaders in their industries when it comes to environmental and social responsibility. This fund has a long history of positive performance and is a great choice for investors who want to make a difference with their money.
5. Vanguard FTSE Social Index Fund
The Vanguard FTSE Social Index Fund is a low-cost index fund that tracks the FTSE4Good US Select Index, which includes companies with high ESG ratings. This fund is a great option for investors who want to invest in socially responsible companies while keeping fees low.
6. Green Century Balanced Fund
The Green Century Balanced Fund is a unique fund that invests in a combination of stocks and bonds that meet strict environmental and social criteria. This fund is a great option for investors who want a balanced approach to ethical investing.
7. Pax World Global Environmental Markets Fund
The Pax World Global Environmental Markets Fund is a focused fund that invests in companies that are leaders in the environmental sector. This fund allows investors to capitalize on the growing demand for sustainable solutions while also supporting companies that are making a positive impact on the planet.
8. Aberdeen Standard SICAV I – Global Equity Impact Fund
The Aberdeen Standard SICAV I – Global Equity Impact Fund is an international fund that focuses on companies with a strong commitment to social and environmental responsibility. This fund has a global reach and is a great option for investors looking to diversify their ethical portfolio.
Investing in ethical funds is a great way to make a positive impact on the world while also potentially earning a return on your investment. With so many options available, it’s important to do your research and consider factors such as performance, fees, and investment strategy when choosing the best ethical funds for your portfolio. By investing in ethical funds, you can align your financial goals with your values and contribute to a more sustainable future for all.
So, if you’re looking to invest in the best ethical funds, consider adding some of the options mentioned above to your investment portfolio. With a commitment to ethical investing, you can make a difference in the world while also potentially earning a return on your investment.