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.

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.

References in periodicals archive ?
Regulators are assessing parameters in ESG; investors are now more curious about green funds; and now more banks acknowledge its feasibility and efficiency.
Focusing on green loans, bonds and savings, WGES 2018 will also explore methods to develop long-term responsible investment strategies, promote international collaboration to facilitate cross-border investment in green funds and provide strategic policy signals and frameworks to help reduce uncertainties for green investment.
China should encourage local governments to set up green funds and work together with social capital to bring down financing costs, Chen suggested.
Global Banking News-November 16, 2015--Yes Bank, LSE sign agreement for green funds
Andrew Prince argues that some so-called green funds may deliver decent returns but are they really that green?
Where is the focus on Islamic microfinance, green funds and Islamic venture capital?
Ditchfield compared the returns, over one to 10 years, of various green funds against a PS10,000 lump sum held in a 90-day notice account with a bank or building society: over 10 years, he reckons, the Kames Ethical Equity A fund produced a 186 per cent return, while the cash delivered a return of barely 29 per cent.
In its latest review, Barchester Green lists Cheviot Asset Management''s Climate Asset fund - up by more than 16% in a year - as a 'winner' among green funds.
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.
However, green funds still account for only a tiny part of total savings.
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.