NetPicks Top Picks for Socially Responsible Investing
Mark Soberman’s NetPicks is a trading company on a mission to provide elite education for everyday traders. Netpicks training is designed to help people trade smarter. Soberman and the team at NetPicks bring over 25 years of experience to their educational content to help people pursuing trading as a full-time or part-time career, or on the fly. Read their tutorial blogs, visit their linkedin.com page.
NetPicks lessons include investing in socially responsible trading – investments which support businesses and activities that benefit society and/or the environment. Here are NetPicks’ top pics for socially responsible investing. More investing tips, check on investing.com.
Exchange Traded Funds are marketable securities that track a commodity, bonds, or a collection of assets like an index fund. ETFs trade like common stocks on a stock exchange, with higher liquidity and lower fees than mutual funds. Socially Responsible ETFs are the most highly recommended type.
There are four investment strategies when it comes to sustainable development that maximize both social impact and returns.
- Positive Screening: This is related to choosing firms, organizations or projects according to specific criteria.
- Negative Screening: Weeding out certain investments based on metrics thresholds like social impact.
- ESG Integration: Analyzing the financial returns of an investment through a process that includes Environmental, Social And Governance (ESG) criteria.
- Themed Investing: Selecting investments based on a theme like alternative energy.
NetPicks reports that environmental and gender issues are two of the most impactful ETFs. ETFs that focus on environmental sustainability seek to have the lowest carbon impact and are dedicated to reducing emissions. Gender-focused ETFs work to boost gender diversity in leadership positions. Top picks include:
SPDR SSGA Gender Diversity Index ETF (SHE)
SHE is an investment plan that prioritizes companies with balanced gender representation at the senior and C-suite level.
iShares MSCI KLD 400 Social ETF (DSI)
DSI emphasizes US companies with exceptional environmental and social impact portfolios.
iShares MSCI ACWI Low Carbon Target (CRBN)
CRBN tracks results of emerging markets with low carbon footprints as compared to their longer established competitors.
These options are a solid starting point for socially responsible investing. Useful link here. Making money through investing is an opportunity to support companies that are making wise decisions when it comes to social and environmental issues. For more information about ETFs and socially responsible trading, visit netpicks.com.