Showing posts with label ethical. Show all posts
Showing posts with label ethical. Show all posts

12.13.2007

GREEN ETF's : EXCHANGE TRADED FUNDS

Green eco friendly ETF's research, description and combined list.
Note, May08 see the launch of 2 new! solar etf's TAN and KWT.





These ECO Green friendly ETF's hold a basket of stocks just as mutual funds do. ETF's trade during all market exchange hours. ETF's have better liquidity and may have fee advantages over mutual funds. This list includes ECO Green choices and some with a more broad Socially Responsible Investing(SRI) component. ETFs are sector focused, most of these are focused on alternative energy stocks.

ETF symbols : DSI,CGW,EVX,GEX,GRN,KLD,PBW,PIO,PUW,PZD

DSI iShares KLD 400 Social Index. Seeks investment results that correspond to the performance of the Domini 400 SocialSM underlying index.

CGW Claymore S&P Global Water. Seeks investment results that correspond generally to the performance of the S&P Global Water index.

EVX Mkt Vectors Environmental Services ETF. Seeks to replicate the performance of the AMEX Environmental Services Index.

GEX Mkt Vectors Global Alternative Energy. Seeks to replicate the performance of the Ardour Global Index. 30% of assets in securities of non-US companies. Companies primarily engaged in the generation of power through environmentally friendly sources.

GRN Claymore/LGA Green. Seeks to track the performance of the Light Green Eco Index. Broad SRI.

KLD iShares KLD Select Social Index. Seeks results that correspond to performance of the KLD Select SocialSM index.

PBW PowerShares WilderHill Clean Energy. Seeks results that correspond to the WilderHill Clean Energy index.

PIO PowerShares Global Water. Seeks results that correspond to performance of the Palisades Global Water Index.

PUW PowerShares WilderHill Prog Energy. Seeks results that correspond to the WilderHill Progressive Energy Index.

PZD PowerShares Cleantech. Seeks results that correspond to the performance of the Cleantech Index.

TAN Claymore/MAC Global.
Made up of 25 global solar companies.

12.03.2007

Ethical Mutual Fund Investing and Ethical Investments

Socially Responsible Investing (SRI) and ethical investing are rapidly growing globally.

Every investor should know the selection criteria and framework for the classifying of ethical and Green investments. Over at Wikipedia there is a great page for reference and research Ethical_consumerism

For more SRI and ethical investment information also look here:

socialinvest.org
ethicalinvesting.com
coopamerica.org

PORTX Eco-Friendly Mutual Fund Analysis

The PORTX fund is from the Green eco-friendly mutual funds list in the ECO MUTUAL FUNDS section of this site.

This screening selection critera used by the Porfolio21 fund (PORTX) can be applied to any of the ECO Green investments discussed on this site. The PORTX fund uses cooperatively developed standards creating their own proprietary framework to evaluate portfolio companies.

The PORTX selection framework is summarized below and the expanded criteria is linked.

Business Model
The company's business model is adapting to gain competitive advantages within ecological constraints...
Impact of Products/Services
The company understands the ecological impact of its products and/or services and has taken significant steps to reduce those impacts...
Investments
The company has demonstrated an environmental commitment through its investments...
Leadership
The company's management understands the magnitude of the ecological crisis and views environmental sustainability as a major business opportunity...
Environmental Management
The company's environmental management system helps identify and address environmental impacts and liabilities, develop action plans and procedures, and establish environmental accounting practices...
Resource Efficiency
The company is doing more with less by efficiently using and re-using resources...
Environmental Risks & Liabilities
Climate destabilization is among the greatest ecological risks we face, and the associated liabilities pose a threat to investors as well as the world...
Other Issues
Exclude companies with negative performance in the areas of employee relations, human rights, community involvement, or product safety, as well as those with significant business activities in nuclear energy, tobacco, gambling, or weapons.

Source: Portfolio21.com/in-depth selection criteria

Link to the complete list of Portfolio21 holdings

Go back to the Eco Mutual Fund page

Linear regression channel price chart for PORTX :

PORTX, eco-friendly mutual fund