SRI is an acronym which stands for socially responsible investing, and basically, it is a way to put money into respectable companies which have “green” and ethical roots. This allows the investor to not only have the chance to profit, but even in the worst case scenario, it can at least be noted that some funds were placed into a business that is good for the planet. Netpicks is a well-known name with trading strategies for smart buyers who want to be responsible.
Mark Soberman started Netpicks in 1996, and he wanted to educate traders who were on the regular side of things. Online tips and tutorials are available on the website that makes for a great place to research and get involved in the markets. Useful trading tips here.
A person who is utilizing their services simply picks a goal, and the experts help them do the rest of the work. ETFs (exchange-traded funds) give shareholders some of the best chances to be socially responsible as they select a place to put their faith into. Here are the top four as chosen by Netpicks staff:
Etho Climate Leadership U.S. ETF (ETHO)-
Managers of this ETF want to choose businesses which have a carbon footprint that is impressive. In other words, it needs to be seen that greenhouse gas emission is low, and the fund has no exposure to the energy sector for this reason.
SPDR SSGA Gender Diversity Index ETF (SHE)-
Gender diversity is still an issue in some places, and this can be seen even more in senior management positions. This ETF looks for have a higher diversity ratio so that everyone has a chance to lead.
iShares MSCI KLD 400 Social ETF (DSI)-
Positive characteristics in regards to social, governance, and environmental initiatives are the deciding factor for inclusion in the ETF.
iShares MSCI ACWI Low Carbon Target (CRBN)-
Low carbon exposure is also a necessary factor for inclusion in this ETF that primarily looks at mid-cap developed and emerging markets. It is a great ETF for those looking to have a positive impact.
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