June stock market results bring on the worst first-half year in more than 50 years
The Bottom Line: Stocks gave up 8.3% while bonds dropped 1.57% and sustainable funds posted an average -6.21% return around a wide range of outcomes. The broad stock market dropped 8.3% and recorded the second worst monthly decline so far this year Against a backdrop of high inflation expectations, rising interest rates, slowing growth and… Continue reading about June stock market results bring on the worst first-half year in more than 50 years
Three newly listed equity ETFs seek greenhouse gas reductions
The Bottom Line: Three new ETFs listed in June 2022 seeking to reduce greenhouse gas emissions should be evaluated based on financial and non-financial outcomes. Sustainable ETFs listed in June 2022 that invest in companies seeking to reduce CO2 emissions Fund Name/Symbol ER Assets ($M) Structure Sustainable Investing Approach Nuveen Global Net Zero Transition ETF… Continue reading about Three newly listed equity ETFs seek greenhouse gas reductions
June commentary: green bond funds
The Bottom Line: Green bond fund investors tested by sharp 12-month performance declines in a difficult environment as markets priced in higher interest rate increases. June Commentary The assets of dedicated green bond funds, a segment consisting of seven active and passively managed mutual funds as well as ETFs, declined by $50.7 million in June,… Continue reading about June commentary: green bond funds
Chart of the Week- July 11, 2022
The Bottom Line: Expense ratios levied by active and passively managed sustainable diversified US equity funds are competitive, but size matters for index tracking funds. Expense ratio comparisons for active and passively managed diversified US equity ETFs and distribution of expense ratios for sustainable ETFs Expense ratio comparisons Sustainable index funds: ER distribution Notes of… Continue reading about Chart of the Week- July 11, 2022
Investors should conduct due diligence even as SEC increases scrutiny of ESG funds
The Bottom Line: The increased SEC scrutiny of ESG funds will bolster confidence in sustainable investment products but investors should conduct their own due diligence. Introduction and summary On June 10, 2022, the Wall Street Journal reported that the Securities and Exchange Commission (SEC) was conducting a civil investigation of Goldman Sachs Asset Management (GSAM),… Continue reading about Investors should conduct due diligence even as SEC increases scrutiny of ESG funds
Stocks and bonds recorded gains of 0.39% and 0.27% in May
The Bottom Line: Stocks and bonds eked out gains in May while the relative performance of selected sustainable equity and bond indices trailed conventional benchmarks. The broad stock market, as measured by the S&P 500 Index, briefly traded in bear market territory but managed to eke out a narrow 0.39% gain in May The broad… Continue reading about Stocks and bonds recorded gains of 0.39% and 0.27% in May
May commentary: green bond funds
The Bottom Line: Green bond funds reversed a slide in net assets, helped by posting the narrowest average monthly total return performance drop this year. May Summary Dedicated green bond funds, which rebounded to seven funds on May 3rd upon the launch of the rebranded Franklin Municipal Green Bond ETF (FMLB)¹ that shifted $101.9 million… Continue reading about May commentary: green bond funds
Both stocks and bonds tumble in April 2022
The Bottom Line: Stocks and bonds experienced the worst month so far this year while the relative performance of sustainable equity and bond indices improve. Stocks and bonds suffer through the worst month so far this year Concerns and uncertainties ranging from the Russia-Ukraine conflict, inflation, interest rates, continued labor shortages, supply chain issues, COVID… Continue reading about Both stocks and bonds tumble in April 2022