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Are Socially Responsible Funds Now More Attractive To Americans?

FYI: Sixteen-year old Swedish student, Greta Thunberg, spoke at the United Nations Climate Action Summit early last week. Plenty of people criticized her dramatic delivery. But nobody should downplay the importance of her message. We’re burning too many fossil fuels, cutting down too many trees and polluting rivers, lakes and oceans.

I’ve given investment talks in more than 25 different countries. People often ask about socially responsible (SRI) funds. Such funds include higher exposure to companies with smaller carbon footprints. They often filter companies that manufacture weapons, cigarettes and alcohol. Most SRI funds don’t include stocks connected to pornography or gambling either. Few Americans, however, ask me about these products. Most of the investors interested in SRI funds are from Europe, New Zealand, Australia and Canada.
Regards,
Ted
https://assetbuilder.com/knowledge-center/articles/are-socially-responsible-funds-now-more-attractive-to-americans

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