Bullish on green stocks

June 25, 2006

by Andrew Leckey | Tribune Media Services

Investors can express their social consciences and get good returns in the bargain.

It can pay to have a social conscience, especially if you think green. Socially conscious investing mutual funds, which factor environmental, social and other consequences into their selections, have been attracting interest, with assets growing from $12 billion in 1995 to $178.7 billion today, according to the Social Investment Forum. A performance leader in this group is the environmentally motivated Winslow Green Growth Fund. Though somewhat volatile, it has a three-year annualized return of 18 percent and a one-year return of 17 percent. [more]

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