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Socially Responsible Funds Are Hot, But Are They Really Doing Good?

TedTed
in The Bullpen
FYI: -- Investors have been pouring money into socially responsible mutual funds in recent years, even though the makeup of these "do-gooder" investments has become increasingly complicated and even contradictory.

Investment in socially responsible mutual funds, exchanged-traded funds and similar vehicles soared almost 80% to over $1 trillion in 2012 from $569 billion in 2010, according to the US SIF foundation. During the same two years, the number of social funds rose almost 50% to 740 from 493.
Regards,
Ted
http://www.thestreet.com/print/story/12943846.html

SRI Funds Performance: http://charts.ussif.org/mfpc/
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