Stock and bond fund investors benefited from a rebound in 2023
The Bottom Line: Investors who held on to stocks after the decline of 18% in 2022 were rewarded but bond investors need more recovery time. Markets continued to rally in December and equities in particular delivered unexpectedly strong gains in 2023 Markets continued to rally in December, fueled by the combination of a strong economy […]
Performance wrap up-November 2023
The Bottom Line: Positive sentiment in November pushed stock prices higher in the US and overseas while bond prices registered gains as yields declined sharply. Top and bottom performing mutual funds and ETFs as of November 30, 2023 Notes of Explanation: For mutual funds with multiple share classes, only the best or worst […]
Have renewable energy funds reached bottom?
The Bottom Line: Beaten down prices of clean energy stocks and related securities may be approaching a buying opportunity for intermediate and long-term fund investors. Stocks and bonds continued to register declines in October Stocks fell for the third consecutive month in October, with large cap stocks giving up 2.1%, and lowering year-to-date and trailing […]
Sustainable mutual funds post an average decline of 1.05% in May 2023
The Bottom Line: Technology heavy and growth-oriented sustainable mutual funds and ETFs registered strong performance results in May and extended their wide performance lead year-to-date. US stocks posted a narrow increase in May, adding 0.43%, while bonds dropped 1.09% US stocks posted a narrow increase in May, adding 0.43% according to the S&P 500 Index […]
Stocks, bonds and funds notched increases in November
The Bottom Line: Stocks, bonds and sustainable mutual funds and ETFs gained in November as well as all selected ESG screened indices across asset classes. Stocks, as measured by the large cap S&P 500 Index, added another 5.6% last month after registering a gain of 8.1% in October Stocks and bonds both notched increases in […]
Stocks gained 8.1% in October, but bonds dropped 1.3% on higher rates
The Bottom Line: The outperformance of selected ESG indices continue to narrow and long-term results are expected to converge and align with their conventional counterparts. Stocks bounced back in October with a gain of 8.1% while bonds gave up 1.3% as interest rates rose Stocks bounced back in October, benefiting from corporate earnings reports that […]
Stocks and bonds register steep declines in September 2022
The Bottom Line: Registering their steepest 2022 declines so far, stocks and bonds dropped 9.21% and 3.48% while ESG indices continued to narrow outperformance spread. Stocks and bonds registered their steepest monthly declines so far this year in September The reality of higher interest rates that are now expected to continue well into 2023 (the […]
The S&P 500 dropped 4.1% in August while equity oriented ESG screened indices underperformed
The Bottom Line: While long-term results continue to support ESG screened benchmarks, the positive spreads posted by these indices relative to conventional benchmarks are shrinking. The S&P 500 dropped 4.1% in August while equity oriented ESG screened indices underperformed The S&P 500 gave up 4.1% in August while bonds, as measured by the Bloomberg US […]