Sustainable Funds in the U.S. Saw Record Flows in the First Half of 2019
With more funds establishing track records, more passive options, and big players getting into the field, the trend seems likely to continue.
Flows into U.S. sustainable open-end and exchange-traded funds are on pace to smash the calendar-year record set last year. Sustainable funds attracted an estimated $8.9 billion in net flows in the first half of 2019, surpassing their $5.5 billion in flows for all of 2018. Flows into sustainable funds have set calendar-year records for each of the past three years and appear headed for a fourth.
Jon Hale does not own shares in any of the securities mentioned above. Find out about Morningstar’s editorial policies.