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Are ESG mutual funds good for retirees?

“The ensuing debate over SRI and ESG investing is potentially an existential one for retirees and soon-to-be retirees, however” writes Mark Hulbert for marketwatch.com. The first conclusion I draw is not to place too much importance on various performance comparisons involving ESG/ SRI funds.Should retirees and soon-to-be-retirees invest in SRI and ESG mutual funds?. Consider the three major ESG indexes that index provider MSCI maintains for the U.S. market: The MSCI USA ESG Select Index SUSA, +0.01%, the MSCI USA ESG Leaders Index USSG, +0.22%, and the MSCI USA ESG Universal Index.The under- or overweighting of different sectors doesn’t always work in favor or against SRI/ESG funds.
 
Source: marketwatch.com



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