Updated Thursday, July 10, 2014 as of 6:47 AM ET
Portfolio - Mutual Funds
Are ETFs at Odds With Smart Investing?
Wednesday, December 18, 2013
Partner Insights

Social responsibility is available in ETFs and traditional index funds, and the record is very clear that with SRI you lag the market. We started an SRI portfolio after my reign here and that's OK to do after people understood what social responsibility was. A few years ago I got a letter from an investor in one of our index funds and she said she was leaving the fund because of tobacco stocks. She told me what she was going into. So I looked it up: their largest investment was Caesar's World, the casino operator. To each their own on whether Caesar's World is a socially responsible investment. It doesn't make ammunitions; but many might not put it high on their list of socially responsible investments.

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