Green fund

(redirected from Green Funds)

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. It is also called an environmental fund.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved

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.

Dictionary of Financial Terms. Copyright © 2008 Lightbulb Press, Inc. All Rights Reserved.
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Dubai-based AGT is one such company, and its head of investments, Franklin Connellan, says investment bodies are now looking at other 'green funds' as a potentially lucrative way of taking part in environmental evolution.
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the full integration of environmental, social, and governance (ESG) factors into financial analysis and decision-making." For the purposes of this research, however, it is better to let investment funds that define themselves as green funds, be green funds.