Would You Invest in a Socially Responsible Mutual Fund Every

Would You Invest in a Socially Responsible Mutual Fund?

Everyone wants to do some good in the world. But when we invest our hard-earned money, we want it to perform well for us. That\'s where the idea of socially responsible investing (SRI) comes in. This type of investing reflects your own social values and ethical standards. SRI funds reflect attitudes on everything from the environment to antidiscrimination. Investors wishing to learn more about these funds and their specific missions can go to http://www.socialfunds.com/, where numerous such funds are listed. Is the creation of socially responsible funds actually in investors\' best interest? Would you invest? Do you believe that people\'s investments should reflect their values and their overall worldview? Why or why not? How do you balance your personal beliefs with your desire to make money? Should you worry about this at all? You don\'t have to answer all these questions, they are there to get your thoughts rolling.

Solution

Socially responsible funds are actually in investors’ best interest. This is because like other funds, these funds also try to maximize the returns of investors but with an added advantage of supporting social values or promotion of ethical standards. These funds generally invest in companies or projects that promote clean environment, social justice, and gender equality etc.

Thus, investors not only get good return on their investment but also are able to contribute their share towards making world a better place to live.

Yes, we would invest provided we came across a fund that invests in causes that are dear to us.

Yes, we firmly believe that people’s investments should reflect their values and their overall world view.

This is because in such case money would not be the important consideration and people would look at their investment in holistic manner.

Their main aim, in such case, would not be the money-making.

When money act as sole consideration, investment decisions more than often do not sync with society’s needs.

However, investment on basis of values or beliefs reflects much wider approach where ethics, social responsibility, contributions towards world or society also become part of investment decisions. Such investment decisions generally result in social good.

Balancing personal beliefs with desire to make money is not a difficult task provided what is the intensity of desire to make money. If intensity is somewhat like we have to make money in any way and higher and higher returns are needed then balancing personal beliefs with investment is not easy or possible.

However, if intensity is reasonable then balancing is not at all difficult. We live in dynamic world and with globalization investment opportunities with good returns and that can also fulfill our personal beliefs are there in plenty. What we have to do is to undertake proper search.

Yes, we have to worry about this because well-being of future generations depends on choices we made now. Socially-responsible investing undertaken by us now will not only make the world a better place to live for present generations but a beautiful place to dwell for future generations as well.