Sustainable Funds Universe Continues to Expand
The third quarter saw more funds reach viability, and more choice in emerging-markets equity and fixed income.
The universe of sustainable funds in the United States continued to grow in the third quarter, with five new fund launches and positive estimated net flows that keep the group on track for a record year of attracting new assets.
I define this universe as funds that, by prospectus, state that they incorporate environmental, social, and governance criteria into their investment process or indicate that they pursue a sustainability-related theme or seek measurable sustainable impact alongside financial return.
Jon Hale does not own (actual or beneficial) shares in any of the securities mentioned above. Find out about Morningstar’s editorial policies.