Investing opportunities are expanding for the LGBTQ community investinyou (In partnership with acorns.)
Many years ago, the primary players in the SRI space were conventionally constructed mutual funds from fund companies such as Calvert Funds, Pax World Funds and Domini Funds, that provided investors a typically broader exposure to SRI considerations though not so much the ability to offer more focus on LGBTQ issues and concerns.
For those investors who still might prefer more choice, some investment managers allow the investor to narrow down to very specific criteria, even allowing one to opt out or in of particular industries and even particular companies that might be objectionable to an investor or of specific interest.
The term used for many years to describe investment options that are socially screened has been socially responsible investing, which is described as "any strategy which seeks to consider both financial return and social/environmental good to bring about positive change." Another term now commonly utilized is environmental, social and corporate governance, "the three central factors in the sustainability and ethical impact of an investment in a company or business.
LGBTQ Americans often continue to place a priority on investments that meet their financial goals … and their values.Today, those firms and now many others, such as Vanguard and Morgan Stanley, offer more types of financial products, including mutual funds, index funds, exchange traded funds and separately managed accounts.
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