Socially Responsible Investing (SRI) Funds: A Comprehensive Guide

Socially responsible investment funds can provide you with a way to bring in a return on your investment and make a societal impact. There are many different socially responsible investment funds out there for you to choose from. In order to choose which one is going to be best for you, you need to make sure that you extensively research.

Research

In order to research these funds, you should utilize financial resources such as MorningStar and the Wall Street Journal to find the information that you need. Look for the return on investment over a long period of time such as five or 10 years.

Strategy

You will also want to check out the fund prospectus so that you can see what their investment strategy is. You will want to make sure that their ideals match up with your own. For example, if you place a priority on protecting the environment, you will want to make sure that you find a socially responsible investment fund that focuses on this as well. You will also want to make sure that the investment strategy matches up with your level of risk tolerance.