Socially responsible investment strategies allow people to invest in companies that they may personally believe in, but it does not mean that investors have to give up on returns to combine their beliefs with their investments.
On the upcoming webcast, ESG Skeptic? Maybe We Can Change Your Mind, Richard Cea, Head of InsightShares Powered by UBS InsightShares; Scott Arnold, CFP, CEO, Portfolio Manager, IMPACTfolio; and Deborah Fuhr, Managing Partner and Founder of ETFGI, will focus on principles of ESG or environmental, social and governance, the rising popularity of socially responsible investments and the potential benefits of including such strategies in a diversified investment portfolio.
For example, the InsightShares LGBT Employment Equality ETF (NYSEArca: PRID) is among a new breed of socially responsible investments. Specifically, PRID includes large- and mid-capitalization U.S. stocks of companies with workplaces that promote and provide equality for lesbian, gay, bisexual and transgender, or LGBT, employees based on their score in the Human Rights Campaign Foundation’s Corporate Equality Index.
Component companies included in the index will be rated on how the company’s policies address non-discrimination against employees based on sexual orientation or gender identity; the extent to which the company provides equitable benefits to LGBT workers and their families; the measures the company takes to provide internal education and maintain accountability metrics to promote LGBT inclusion competency; and whether a company has made a public commitment to the LGBT community.
UBS has also offers another cause-focused product, the InsightShares Patriotic Employers ETF (NYSEArca: HONR), which is comprised of large- and mid-capitalization U.S. stocks of companies with policies and practices determined to be Military Friendly. HONR allows investors to do good and do well at the same time by supporting veterans who have sacrificed so much for our freedom and investing in a product that offers attractive potential returns.
Financial advisors who are interested in learning more about environmental, social and governance-related investment strategies can register for the Tuesday, February 6 webcast here.