Green bond funds suffer withdrawals in September
The Bottom Line: Green bond funds sustained their worst monthly decline in net assets while preliminary green bonds issuance data in September show another again. September Summary The segment of green bond funds, consisting of four mutual funds and three ETFs, sustained its worst monthly decline in net assets in September. Net assets dropped by… Continue reading about Green bond funds suffer withdrawals in September
Performance advantage of ESG screened indices is narrowing
The Bottom Line: Long-term performance through September continues to support portfolios informed by or indexed to ESG screened international benchmarks, however, their advantage is narrowing. 0:00 / 0:00 Intermediate-to-long-term performance differential: Selected ESG screened indices vs. conventional indices: Trailing 3, 5 and 10-years to September 30, 2022Notes of Explanation: The six MSCI ESG indices include… Continue reading about Performance advantage of ESG screened indices is narrowing
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… Continue reading about The S&P 500 dropped 4.1% in August while equity oriented ESG screened indices underperformed
Green bond funds attract assets even as performance has been deeply in the red
The Bottom Line: Gains in assets over the last four months shows investor confidence in green bonds even as performance has been in the red. August Summary Assets attributable to the segment of green bond funds, four mutual funds and three ETFs, gained $63.2 million in net assets during the month of August to reach… Continue reading about Green bond funds attract assets even as performance has been deeply in the red
Sustainable stock and bond funds post an average gain of 6.5% in July
The Bottom Line: Stocks and bonds were up while sustainable mutual funds and ETFs posted an average 6.50% total return, led by renewable energy funds. Stocks started the third quarter in better form after the declines suffered in the first half of the year with US stocks adding 9.2% and bonds posting a gain of… Continue reading about Sustainable stock and bond funds post an average gain of 6.5% in July
Green bond funds reverse course in July 2022
The Bottom Line: Green bond funds reverse course in July 2022 while green bond volumes are are expected to benefit from the Inflation Reduction Act. July Summary Assets attributable to green bond funds, a segment consisting of four mutual funds and three ETFs, reversed a four-month decline in net assets largely due to capital depreciation…. Continue reading about Green bond funds reverse course in July 2022
Comments in response to the SEC’s proposal for enhanced ESG disclosure practices by funds
The Bottom Line: The proposal for enhanced ESG disclosures by funds is a step in the right direction but some modifications would strengthen the framework. The following response and recommendations were submitted on August 15, 2022 to the Securities and Exchange Commission (SEC) for consideration in response to the SEC’s Enhanced Disclosures by Certain Investment… Continue reading about Comments in response to the SEC’s proposal for enhanced ESG disclosure practices by funds
Sustainable US equity funds outperform in July 2022
The Bottom Line: Sustainable actively managed US equity mutual funds and ETFs generated better average performance results in July relative to their conventional fund counterparts. Average performance of actively managed sustainable diversified US equity funds versus conventional funds: July 2022, Y-T-D and trailing 12-months to July 31, 2022Note of Explanation: Sustainable US equity funds, both… Continue reading about Sustainable US equity funds outperform in July 2022