In recent years, ethical investing has gained significant traction as more people seek to align their investments with their values. Ethical investment funds, also known as socially responsible funds or sustainable funds, focus on companies that prioritize environmental, social, and governance (ESG) factors. By investing in these funds, investors can not only earn financial returns but also make a positive impact on society and the planet. In this article, we will explore some of the top ethical investment funds to consider in 2021.
1. Vanguard FTSE Social Index Fund Investor Shares (VFTSX)
Vanguard is a well-known name in the investment world, and its FTSE Social Index Fund Investor Shares is one of the top ethical investment funds available. This fund seeks to track the performance of the FTSE4Good US Select Index, which includes companies that meet certain social and environmental criteria. With a low expense ratio and a diversified portfolio of socially responsible companies, VFTSX is a popular choice among ethical investors.
2. Parnassus Core Equity Fund (PRBLX)
The Parnassus Core Equity Fund is another standout option for ethical investors. This fund focuses on companies with strong ESG practices and attractive financial characteristics. Parnassus Investments, the firm behind this fund, conducts rigorous research to select companies that not only perform well financially but also uphold high ethical standards. With a track record of strong performance and a commitment to sustainability, PRBLX is a top choice for socially conscious investors.
3. Calvert Equity Fund Class A (CSIEX)
Calvert Investments has been a pioneer in the field of responsible investing, and its Calvert Equity Fund Class A is a top performer in the ethical investment space. This fund invests in companies that demonstrate positive ESG performance and aims to generate competitive returns for investors. With a long history of ethical investing and a focus on sustainability, CSIEX is a reliable option for those looking to align their investments with their values.
4. TIAA-CREF Social Choice Equity Fund (TISCX)
The TIAA-CREF Social Choice Equity Fund is a socially responsible fund that focuses on companies with strong ESG practices. This fund seeks to provide competitive returns while making a positive impact on society and the environment. With a diversified portfolio of socially responsible companies and a commitment to sustainability, TISCX is a top ethical investment fund to consider in 2021.
5. Green Century Balanced Fund (GCBLX)
Green Century Investments is a leader in sustainable investing, and its Green Century Balanced Fund is a top performer in the ethical investment space. This fund invests in companies that prioritize environmental sustainability and social responsibility. With a mix of stocks and bonds, GCBLX offers investors a balanced approach to ethical investing and the opportunity to make a positive impact on the planet.
6. Domini Impact Equity Fund Investor Shares (DSEFX)
The Domini Impact Equity Fund is a premier socially responsible fund that focuses on companies that promote environmental sustainability, human rights, and corporate responsibility. This fund seeks to generate competitive returns while making a positive impact on society and the planet. With a diverse portfolio of ethical companies and a commitment to long-term sustainability, DSEFX is a top choice for ethical investors.
7. Shelton Green Alpha Fund (NEXTX)
The Shelton Green Alpha Fund is a unique sustainable investment fund that focuses on companies driving the transition to a sustainable economy. This fund invests in companies that are leaders in clean energy, resource efficiency, and sustainable development. With a forward-looking approach to investing in the green economy, NEXTX offers investors the opportunity to support innovative companies that are shaping the future.
In conclusion, ethical investment funds offer investors the opportunity to align their investments with their values and make a positive impact on society and the planet. The top ethical investment funds mentioned above are just a few examples of the many options available to socially conscious investors in 2021. By choosing to invest in these funds, investors can not only achieve financial returns but also contribute to a more sustainable and equitable world. Consider incorporating ethical investments into your portfolio and help drive positive change through your investments.