|Expense Ratio (net)||1.12%|
|Category||World Small/Mid Stock|
|Morningstar Risk Rating||High|
|Last Cap Gain||0.00|
|Inception Date||Sep 3, 1982|
|Average for Category||N/A|
After U.S. President Donald Trump's election last November, investors pulled nearly $68 million from so-called "green" mutual funds, reflecting fear that his pro-coal agenda would hurt renewable energy firms. Investors' renewed faith in the funds reflects a growing belief the president will not succeed in reviving the coal industry and will not target the government subsidies that underpin renewable power, which have bipartisan support. It also sends a positive sign for the wind, solar and energy efficiency firms and make up a large portion of the green-fund portfolios.
Environmentally conscious investors are using their pocketbooks to protest President Donald Trump's plans to slash environmental regulations, fueling a rally in funds that only invest in companies that meet progressive criteria for sustainability. Trump was elected president on Nov. 8. Investors worried that Trump's policies may imperil causes they believe in are hoping an influx of flows will help keep companies alive.