ESG Mutual Fund Portfolios for Retirement Savers
Anchored in actively managed funds, these portfolios were developed with serious ESG investors in mind.
Investing Specialists
Mentioned: Parnassus Core Equity Investor (PRBLX)
, Brown Advisory Sustainable Growth Inv (BIAWX)
, TIAA-CREF Core Impact Bond Retail (TSBRX)
, Calvert US Large Cap Value Rspnb Idx A (CFJAX)
, Fidelity® Intl Sustainability Idx (FNIDX)
, Parnassus Mid-Cap (PARMX)
, Walden Small Cap (WASOX)
Sustainable mutual funds--which are also called ESG (environmental, social, governance) funds--have been soaring in popularity. In 2019, the group is on pace to have its best year ever in terms of asset growth, with $13.5 billion flowing into the group in 2019 through September. That comes on the heels of exceptionally strong inflows in 2018, as well, when ESG funds gathered a then-record $5.5 billion in new money. es
Interest in ESG investing comes from investors of all ages, but younger investors appear to have a particular affinity for investing in line with their personal principles. According to Morgan Stanley research, 86% of millennials (people born between the early 1980s and 2000) say they are interested in incorporating ESG principles into their investment portfolios.
Christine Benz does not own shares in any of the securities mentioned above. Find out about Morningstar’s editorial policies.