Three New ETFs For The Socially Conscious Investor
By Tom Lydon on December 29, 2008 | More Posts By Tom Lydon | Author's Website
If you’ve been looking for more socially conscious exchange traded funds (ETFs) to add to your portfolio, your day could be coming soon.
Pax World Funds, based in New Hampshire, plans to list three such ETFs on NYSE Arca, according to a filing with the Securities and Exchange Commission (SEC) last week. Andrew Coen with Investment News says the three funds will be:
- sShares FTSE Environmental Technologies Index
- sShares KLD Europe Asia Pacific Sustainability Index
- sShares KLD North America Sustainability Index
The Europe Asia Pacific and the North America Sustainability Index will be made up of companies that have high environmental, social and governance rankings as determined by KLD Research and Analytics.
The Environmental Technologies Index will be composed of the 50 largest environmental technology companies around the world in sectors such as alternative energy, water treatment, pollution control and waste management.
iShares offers a socially responsible ETF, as well, called the iShares KLD Select Social Index Fund (KLD). Down 38% year-to-date.

Forex Wrap-up: A Massive Short-Covering Rally In The US Dollar May Just Be Starting
The Message Of The 2-Year US Treasury Note, Deflation And Japan
Video: The Week Ahead
3 Steps To Becoming A More Successful Trader
The Transportation Sector: Here Are Three Investments In A Sector That Are Ready To Soar
Bay Street Stocks Slip Slightly Again - Canadian Commentary - 13 hrs ago
Stocks Close Mostly Lower Amid Disappointing Quarterly Results - U.S. Commentary - 13 hrs ago
Bay Street Stocks Linger Slightly Below Unchanged Level - Canadian Commentary - 15 hrs ago
Stocks Remain Stuck In The Red In Mid-Afternoon Trading - U.S Commentary - 15 hrs ago
European Markets Fall, Led By Banks, Oils - European Commentary - 17 hrs ago


