Socially-responsible funds are twice as likely as all mutual funds to earn Morningstar's top five-star rating, according to the Social Investment Forum of Washington, D.C. Twenty percent of socially-responsible mutual funds earned a five-star rating through June 30, compared to just 10 percent of the total mutual fund universe, according to the Forum.
Processing Content
The forum also found that 41 percent of the socially-responsible funds in Morningstar's database earned either a four- or a five-star rating, compared with less than a third of all mutual funds.
