Does Socially Responsible Investing Pay Off?
Does Socially Responsible Investing Pay Off? Sunday July 6, 2008#spacer{clear:left}#abc #sidebar{margin-top:1.5em}zSB(3,3) Socially Responsible Investing has not always fared well with investing gurus. There persists a perception that if you want returns, avoid investing with your heart. But that may be an outdated conclusion as Socially Responsible Investment funds (SRIs) have proliferated and grown better at providing good returns along with a good conscience. An article in Contribute Magazine recently pointed out that SRI funds are matching or even outperforming the S&P 500. The Domini 400 Social Index, that tracks SRIs much like the S&P 500, shows that since 1990, the S&P 500 had a total return of 10.57% versus an 11.01% return of the Domini 400. It seems that values and investing go well together. The article points out that there is an SRI for virtually “every religious belief, social cause, and global viewp
