Originally Posted by roger r
A long time ago I owned some Calvert funds. They significantly underperformed my traditional funds and were load funds. For that reason I've not tried again. If there were a socially responible group of funds with low management costs and good performance, I would do it again. I just have never run across much that fit the bill. Matter of fact does anyone have any recommendations?
I was thinking about investing in a commodities fund not long ago and noticed their number one holding was Monsanto. I consider Monsanto one of the least responsible companies in the US and immediately rejested the fund.
I don't know it would be possible to reduce the expenses of an SRI fund. Unless the screening were done by volunteers, it will add to the cost/reduce the performance. For some people that's a tradeoff they are willing to make.
I'm just thinking out loud here, but maybe some kind of investment Wiki would make low-expense SRI possible. I have only a vague understanding of how a wiki works, but I think anyone could add info about any fund or individual stock, concerning a product or practice they consider praiseworthy or objectionable, and anyone can (if they wish) use that info as input to their investment decision making. In fact, an investing wiki
already exists. I haven't looked around it to see if it includes info that would be relevant to SRI, but it's possible.