4 Notable Sustainable Fund Launches
Offerings from Goldman Sachs, BlackRock, and Fidelity broaden the choices for sustainable investors
The sustainable funds universe in the United States continued to expand in the first half of 2018, with 13 new funds launched. Eight of them are open-end funds and five are exchange-traded funds. Seven are actively managed and six are passively managed. According to my count, there are now 285 sustainable open-end funds and ETFs available to U.S. investors. To make my list, a fund must make clear in its prospectus that it uses sustainability or environment, social, and governance criteria and/or seeks to deliver measurable impact alongside financial returns.
Jon Hale does not own shares in any of the securities mentioned above. Find out about Morningstar’s editorial policies.