International SRI Funds – Domini, Thornburg and Boston Common
This is the first of two articles featuring short profiles on a number of the International SRI Mutual Funds, which invest in companies outside the United States. The information below comes from each Fund and is subject to change. We have included their website links for you to look up the latest information including Company Holdings, Country Allocations and Financial Performance.
Domini Impact International Equity Fund
The Fund invests primarily in stocks of companies in Europe, the Asia-Pacific region, and throughout the rest of the world that meet Domini Impact Investments’ social and environmental standards. Subject to these standards, the Fund’s subadvisor seeks to add value using a diversified, quantitative stock selection approach, while managing risk through portfolio construction.
Thornburg Better World International Fund
The Fund invests primarily in a broad range of companies that demonstrate one or more positive environmental, social and governance (ESG) characteristics that the investment manager identifies as significant. The Fund targets companies of any size or country of origin, and which are high-quality, attractively valued and, are making, or will make, a positive impact on the world.
Boston Common ESG Impact International Fund
The Fund’s goal is to preserve and build capital over the long term through investing in a diversified portfolio of companies it believes are high quality from an environmental, social, and governance (ESG) perspective and undervalued. The Fund’s advisor, looks for companies that, in its opinion, have sound governance and a history of responsible financial management which the advisor believes have the potential to be consistently profitable over a long time horizon.
Photo credit: EcoNews; Southeast Asia becoming centre for renewable energy development, by David Twomey, April 5, 2019
A report published by global auditing firm KPMG titled The Renewable Energy Transition noted that while there are still 70 million ASEAN citizens without access to reliable electricity, the potential for renewable energy is huge in those markets and governments are increasingly turning to solar and wind energy to address the issue.