Chart of the Week – July 18, 2022
The Bottom Line: Putnam Investments announces rebranding of its RetirementReady funds effective later this year or early 2023, thereby expanding sustainable target date fund options. Assets of sustainable target date funds: 2019 – June 2022Note of Explanation: All TDFs exclude Putnam’s RetirementReady funds. Data sources: Morningstar Direct and Sustainable Research and Analysis LLC. Observations: Putnam […]
Chart of the Week- July 11, 2022
The Bottom Line: Expense ratios levied by active and passively managed sustainable diversified US equity funds are competitive, but size matters for index tracking funds. Expense ratio comparisons for active and passively managed diversified US equity ETFs and distribution of expense ratios for sustainable ETFs Expense ratio comparisons […]
Chart of the Week- July 4, 2022
The Bottom Line: Sentiment around ESG is taking a negative turn and based on various recent developments and actions, ESG is also becoming more politicized. States that have adopted anti ESG legislation, may be considering them or are leaning in that direction Observations: Sentiment around ESG has taken a negative turn and ESG is becoming […]
Chart of the Week- June 27, 2022
The Bottom Line: Nine of the top 10 fixed income ESG ETFs would likely be classified as ESG-Focused funds under the SEC’s proposed rule amendments. Top 10 sustainable fixed income ETFs and their expected SEC ESG-related classifications based on currently proposed rule amendments covering ESG funds Integration Fund ESG-Focused Fund Impact Fund None iShares ESG […]
Chart of the Week- June 20, 2022
The Bottom Line: The nine sustainable index ETFs launched so far this year indicate lower average expense ratios relative to funds listed prior to 2022. Average expense ratios of exchange traded funds launched prior to 2022 and 2022 Y-T-DNotes of Explanation: Expense ratios = arithmetic average, covering a total of 232 ETFs. Source: Morningstar Direct […]
Chart of the Week-June 13, 2022
The Bottom Line: Funds focused on investments based on their alignment with the UN’s SDGs are limited and they don’t address SDG contributions over time. Funds focused on alignment with UN Sustainable Development Goals (SDGs) Fund Name/Symbol AUM (M$) Expense Ratio (%) Description Impact Shares Sustainable Development Goals Global Equity ETF (SDGA) 5.3 0.75 An […]
Chart of the Week- June 6, 2022
The Bottom Line: The segment of sustainable municipal ETFs expanded in May and turned in positive monthly performance results for the first time in 2022. Sustainable municipal ETFs: Average total return performance January 1, 2022 – May 31, 2022 Notes of Explanation: The segment, identified by Sustainable Research and Analysis, consists of five funds: Franklin […]
Chart of the Week- May 30, 2022
The Bottom Line: S&P removed Tesla Inc. from the S&P 500 ESG Index in May but limited transparency regarding the decision contributes to ESG confusion. S&P 500 ESG Index top 10 holdings prior to and following removal of Tesla Inc. (TSLA)Source: S&P Down Jones reports and various index fund holdings reports. Percentages as of May […]