April 2023 returns highlight variety of sustainable mutual funds
The Bottom Line: April performance results highlight that mutual funds at this time offer sustainable investors a greater variety of investment options relative to ETFs. April 2023 average total return performance for top 10 performing investment categories stratified by actively managed mutual funds and ETFs Observations: Strong earnings registered by several large companies overcame bank… Continue reading about April 2023 returns highlight variety of sustainable mutual funds
Actively managed ETF flows ignores performance track record
The Bottom Line: Outsized flows into actively managed ETFs disregards evidence that most active investment managers tend to underperform their benchmark most of the time. Total net assets of sustainable active and passive ETFs: December 30, 2022 – April 28, 2023Notes of Explanation: Sources: Morningstar Direct and Sustainable Research and Analysis Observations: According to reporting… Continue reading about Actively managed ETF flows ignores performance track record
Credit impacts due to ESG factors can vary considerably
The Bottom Line: Moody’s latest report shows the varying credit impacts of environmental, social and governance (ESG) considerations applicable to more than 10,400 rated entities. Distribution of Moody’s credit impact scores and issuer profile scores as of March 31, 2023 Notes of Explanation: Based on ESG scores of 10,467 rated entities, as of 31 March… Continue reading about Credit impacts due to ESG factors can vary considerably
Sustainable funds expense ratio comparisons
The Bottom Line: Expense ratio comparisons between conventional and sustainable funds are difficult due to lack of homogeneity but low-cost options for investors are available. Conventional and sustainable mutual funds and ETFs asset-weighted expense ratios Notes of Explanation: Expense ratios applicable to conventional mutual funds and ETFs are based on ICI reporting as of December… Continue reading about Sustainable funds expense ratio comparisons
Sustainable funds post average gain of 5.05% in Q1 2023
The Bottom Line: Sustainable funds recorded an average gain of 5.05% in Q1 2023, while top performing funds gained 7.2% and bottom funds dropped 5.09%. 0:00 / 0:00 Listen to this article Top and bottom performing sustainable mutual funds and ETFs – Q1 2023 Observations: Sustainable mutual funds and ETFs, a total of 1,401 funds/share… Continue reading about Sustainable funds post average gain of 5.05% in Q1 2023
Sustainable indices in Q1 2023 registered improved results
The Bottom Line: After a challenging year in 2022 the relative total returns of sustainable indices in the first quarter of 2023 recorded improved results. 0:00 / 0:00 Listen to this article now Selected MSCI ESG indices relative performance results to 3-31-2023 Notes of Explanation: Positive or negative ESG performance results are for the selected… Continue reading about Sustainable indices in Q1 2023 registered improved results
The three faces of sustainable assets under management in the US
The Bottom Line: The absence of widely accepted definitions and standards in sustainable finance is illustrated in the wide variations of referenced assets under management. 0:00 / 0:00 Listen to this article now Sustainable assets under management Observations: The absence of widely accepted definitions and standards in the sustainable finance sphere has contributed to confusion,… Continue reading about The three faces of sustainable assets under management in the US
Two reports on climate change issued last week are required reading
The Bottom Line: Reports issued last week on climate change and related financial, economic, and social risks are required reading for investors and other stakeholders. 0:00 / 0:00 Listen to this article now Carbon dioxide levels over timeNotes of Explanation: Source: 2023 Economic Report to the President/Lüthi https://doi.org/10.1038/nature06949et al. 2008. Note: Data come from reconstructions… Continue reading about Two reports on climate change issued last week are required reading