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Posts Tagged ‘eco-friendly transportation’

To determine if you have investments that are considered green funds, you must first know what a green fund is. This is not a recommendation to invest in any particular funds or products and we do not give investment advice. This article is to promote awareness of green funds. Are your investments in companies or business that are socially conscience in their business dealings or directly promote environmental responsibility? Are your mutual funds comprised of socially conscious companies? This will be hard to determine but here are some helpful hints.

If the company promotes, invests in or is a company that is involved in alternative energy sources, eco-friendly forms of transportation, water or eco-friendly waste management, the odds are investment in their company would be considered green. More investigation by the individual investor would be needed but this is a good start.

Industries to avoid would be those producing, promoting or the manufacturing of alcohol, gambling, exploitation of human labor and pornography or connected to animal testing for products intended for human use.

Alcohol has the possibility of being green if it is to be used as a bio-fuels. Like all of your investments, do your research. Get multiple sources and investigate the companies and their corporate officers. Know who the board members are and what industry they came from.

A good example of green funds is the Winslow Green Mutual Fund. The managing company of this fund has been making green investments since 1983. This fund has a 10-year performance of 6.75. But like almost all funds, this last year has been bad with a loss of 61.01. Be careful and wise with your investment dollars. Green funds are out there, just do your research and stay Green.