Investing With A Conscience: The Top Ethical Investment Funds

As society becomes more conscious of the impact individuals have on the environment and society as a whole, ethical investing has gained popularity. Ethical investment funds provide investors with the opportunity to grow their wealth while also making a positive impact on the world. These funds prioritize companies that have a strong commitment to environmental sustainability, social responsibility, and good governance. In this article, we will explore some of the top ethical investment funds available to investors looking to align their values with their investment choices.

1. **Vanguard FTSE Social Index Fund**: This fund is a great option for investors looking to passively invest in ethically responsible companies. The fund seeks to track the performance of the FTSE4Good US Select Index, which includes companies that meet certain environmental, social, and governance criteria. Vanguard has a strong reputation for low fees and solid performance, making it a top choice for ethical investors.

2. **Parnassus Core Equity Fund**: Parnassus Investments is known for its commitment to ethical investing, and the Core Equity Fund is a prime example. The fund focuses on companies with strong sustainability practices and positive social impact. Parnassus also actively engages with companies to encourage better corporate citizenship, making it a favorite among socially conscious investors.

3. **Calvert Equity Fund**: Calvert Investments has been a leader in the ethical investing space for decades, and the Calvert Equity Fund is one of their flagship offerings. The fund invests in companies that demonstrate strong environmental, social, and governance practices, and also actively engages with companies to promote positive change. With a long track record of strong performance and a commitment to transparency, the Calvert Equity Fund is a top choice for ethical investors.

4. **iShares MSCI KLD 400 Social ETF**: For investors looking for a low-cost option for ethical investing, the iShares MSCI KLD 400 Social ETF is a great choice. The fund tracks the performance of companies that have high environmental, social, and governance ratings, providing investors with a diversified portfolio of socially responsible companies. With low fees and a strong performance history, this ETF is a top pick for socially conscious investors.

5. **TIAA-CREF Social Choice Equity Fund**: TIAA-CREF is a well-known provider of socially responsible investment options, and the Social Choice Equity Fund is one of their most popular offerings. The fund invests in companies that meet certain ESG criteria, and also engages with companies to encourage better corporate practices. With a commitment to long-term sustainability and a history of strong performance, the TIAA-CREF Social Choice Equity Fund is a top choice for ethically minded investors.

6. **Green Century Balanced Fund**: The Green Century Balanced Fund is a unique option for investors looking to align their investments with their values. The fund focuses on companies with strong environmental practices and also engages with companies to promote sustainable business practices. With a diversified portfolio of socially responsible companies and a commitment to transparency, the Green Century Balanced Fund is a top pick for investors looking to make a positive impact on the environment.

7. **Domini Impact Equity Fund**: Domini Impact Investments is a leader in the field of socially responsible investing, and the Domini Impact Equity Fund is a standout offering. The fund invests in companies that have a positive social and environmental impact, as well as strong governance practices. Domini also engages with companies to promote positive change, making it a favorite among investors looking to make a difference.

In conclusion, ethical investment funds provide investors with the opportunity to grow their wealth while also making a positive impact on the world. By prioritizing companies with strong environmental, social, and governance practices, these funds allow investors to align their values with their investment choices. Whether you are looking for a low-cost option like an ETF or a more actively managed fund like the Parnassus Core Equity Fund, there are plenty of options available for investors looking to make a difference with their investments. Consider adding one of these top ethical investment funds to your portfolio and start investing with a conscience today.