Sustainable Investing Monitor-July 2023
The Bottom Line: New sustainable fund listings ticked up as well as green and social bonds and fund net assets while relative performance results lagged. [ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”reg,3,4,5″ ihc_mb_template=”4″ ] The Bottom Line: New sustainable fund listings ticked up as did green and social bonds as well as net assets while relative performance results lagged…. Continue reading about Sustainable Investing Monitor-July 2023
Fidelity and JPMorgan Chase received Very Good reputational scores in Axios Harris poll
The Bottom Line: The recently released Axios Harris reputational rankings poll includes two fund firms- Fidelity and JPMorgan Chase-that received Very Good overall reputational scores. Axios Harris Poll 100 Reputational Rankings-Financial Services Companies Source: Axios Harris Poll 100. Guide to scores: Purple-Excellent, Light blue-Very good, Green-Good, Yellow-Fair, Orange-Poor, and red-Very poor. Observations: The latest… Continue reading about Fidelity and JPMorgan Chase received Very Good reputational scores in Axios Harris poll
Sustainable small cap investing options
The Bottom Line: Sustainable small cap stock funds, which posted some of the strongest gains in June 2023, call for additional due diligence before investing. Top 10 performing sustainable small cap equity mutual funds and ETFs in June 2023 Fund/Share Class Start Date TNA ($ billions) Expense Ratio (%) 1-M (%) 3-M (%) Y-T-D (%)… Continue reading about Sustainable small cap investing options
Top 10 sustainable fund firms account for 70% of segment’s assets
The Bottom Line: Investors considering scale in their investment decision making can choose from at least ten firms whose sustainable assets reached almost $230 billion. Top 10 sustainable fund firms: Assets under management at YE 2022 and June 30, 2023Notes of Explanation: Top 10 firms based on assets as of June 30, 2023; iShares and… Continue reading about Top 10 sustainable fund firms account for 70% of segment’s assets
Large cap growth-oriented sustainable funds excel
The Bottom Line: Large cap growth-oriented sustainable mutual funds as well as ETFs have largely outperformed their value-oriented counterparts over the short to long-term intervals. Average performance of large cap sustainable mutual funds and ETFs to July 31, 2023Notes of Explanation: Performance over 3, 5 and 10-years is annualized. Sustainable funds based on Morningstar classificaaitons…. Continue reading about Large cap growth-oriented sustainable funds excel
Green bond fund investors stay the course
The Bottom Line: Green bond fund investors largely stay the course through July of this year, earning an average 3.1% year-to-date and 0.49% in July. Green bond funds total net assets: December 2022 – July 2023Notes of Explanation: Sources: Morningstar and Sustainable Research and Analysis LLC Observations: Following the pause in June, the Fed voted… Continue reading about Green bond fund investors stay the course
Fund closures ticked up in July 2023
The bottom line: ETF closures spiked in July, serving as a reminder that small-sized funds can potentially expose investors to the risk of untimely liquidation. Monthly sustainable ETF closures: January 2023 – July 2023 Sources: Morningstar Direct and Sustainable Research and Analysis. Observations: Sustainable ETF closures spiked up in July, reaching nine ETF closures… Continue reading about Fund closures ticked up in July 2023
ISS reports jump in shareholder proposals fueled, in part, by anti-ESG initiatives
The Bottom Line: Anti ESG shareholder proposals have been rising, but challenges aside, companies are expected to continue to address relevant and material ESG risks. Observations: According to a report published on May 24, 2023, by ISS Corporate Solutions, the volume of shareholder proposals for annual meetings held between January 1, 2023 through May 31,… Continue reading about ISS reports jump in shareholder proposals fueled, in part, by anti-ESG initiatives