Sorry, have to disagree completely with the 'great piece' assessment. I found the Reuter's blog to be a very biased piece of drivel with absolutely no useful take away.Get enough people to start listing companies in an index that sell or do something that they consider irresponsible or not socially acceptable and there won't be any companies left for the fund to hold after it takes everyone's position in to account.If the author doesn't want index funds to own firearm companies, or any other type of investment, he's free to either find a fund that fits what he wants or start one of his own.On second thought, maybe there is one useful takeaway. What constitutes socially responsible investing is very much dependent on who gets to define 'socially responsible'.
Best Of |
Favorites & Replies |
Start a New Board |
My Fool |
BATS data provided in real-time. NYSE, NASDAQ and NYSEMKT data delayed 15 minutes.
Real-Time prices provided by BATS. Market data provided by Interactive Data.
Company fundamental data provided by Morningstar. Earnings Estimates, Analyst Ra