Has anyone here opened a Socially Responsible Investment account?

[diva77]

If so, has it done well?

[RandySF]

1. No, but I do own solar/wind stock.

[diva77]

6. have they done well?

[mahina]

2. Interesting, a friend at church was talking about this today.

Following.

Ps it’s a super liberal church.

[RandySF]

3. 7 Great Socially Responsible Mutual Funds

https://www.kiplinger.com/article/investing/T041-C009-S002-7-great-socially-responsible-mutual-funds.html

[diva77]

8. Thanks - bookmarked!

[Beakybird]

4. I invested in the Ariel fund ARGFX

It had slightly below average returns. I think the fund precludes tobacco and defense.
Since Trump, I've invested in solar and wind ETFs, and I've done well. I have a pretty small portfolio, but one ETF, Invesco Solar (TAN), is up 70% for the year.

[diva77]

7. interesting! thanks for sharing :)

[sinkingfeeling]

5. I have TIAA-CREF Social Choice.

[diva77]

9. has it been doing well?

[sinkingfeeling]

10. Not negative, but not strong growth either.

[central scrutinizer]

11. I have a couple Parnassus funds

$10,000 invested in 1995 is now $91,000.

[diva77]

14. how has it done since the 2008 crash?

[central scrutinizer]

15. Pretty well

Lost a bit of value in 2008 but rebounded nicely

[Gore1FL]

12. I have some money in ICLN ETF

It grew 9%-10% since I bought it in March and it returned a dividend. I can't complain. That said, this year was unique for it.

For giggles, I went to Fidelity and screened for "Leader" in MSCI Overall Environmental, Social & Governance Rating, MSCI Environmental Score, and MSCI Social Score. I don't know how much value to place in the ratings, but it's the only rating I have for these measures.

Those that landed atop all three categories were:
A, BKR, IMAX, INTC, LPT, PBI, WST, CLNE, JCI, OC

Of those, I own INTC and it has done OK.

[diva77]

13. interesting! thanks for sharing