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In most cases the are not! If you buy an S&P 500 Index you are not buying an ESG fund at all. For a fund to be passive, all you are saying is that you are foll
by legitster 3y ago
In most cases the are not! If you buy an S&P 500 Index you are not buying an ESG fund at all.
For a fund to be passive, all you are saying is that you are following pre-set rules for that fund. And there are any number of investment products these companies make and offer that use any sort of pre-set criteria.
You can take a look at one of Vanguards (few) ESG index funds and their criteria are very clearly presented at the bottom of the page: https://investor.vanguard.com/investment-products/mutual-funds/profile/vftax https://investor.vanguard.com/investment-products/mutual-fun...