- “Most investors believe there is a trade-off between one’s values and one’s investment returns. This is left over from the days of overpriced investment products”
- “Historically, on average, socially selective funds underperformed the market for the same reason other name-brand, actively managed funds did: high fund expenses,” said Jason R. Escamilla, CEO of Impact Labs in San Francisco
- Socially selective funds were a niche market that required a marketing & sales budget to attract investors, he explained.
Using investments to make a difference
Mass Mutual, July 2018