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Green Fund |
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Green Fund A mutual fund that invests exclusively in securities in environmentally-friendly companies. Different green funds have different methodologies for determining what constitutes an environmentally-friendly company. Some may avoid certain industries ? notably oil and gas ? entirely, while others may look at the environmental records of particular companies. Each green fund describes its methodology in its prospectus. Green fund. A mutual fund that selects investments based on a commitment to environmental principles may be described as a green fund. Not all green funds stress exactly the same values. A fund that seeks environmentally friendly businesses -- say those that use alternative fuels -- may not be concerned about what those companies manufacture. Another fund may avoid any company in what it considers an unacceptable industry, despite the company's individual environmental record. In every case, the fund's approach is described in its prospectus. How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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PG: Gevo has significant backing from several sources including major support from Khosla Ventures and the Virgin Green Fund. The Spectra Green Fund advocates a shades-of-gray approach. Rather than making equivalent tax cuts, Quebec has opted to deposit all revenue into a provincial Green Fund, established in 2006 to help fund reductions in greenhouse gas emissions and improvements to public transportation. |
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