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MutualFundWire.com
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Tuesday, February 1, 2005 ETF Giant Intros Socially-Responsible Fund Barclays Global Investors has rolled out a socially-responsible ETF based on Boston-based KLD Research & Analytics' KLD Select Social Index. The fund invests primarily in large-cap companies based on social and environmental criteria. Tobacco companies are excluded from the index. The index is over-weighted towards companies with higher social and environmental performance, and under-weighted with companies that perform more poorly. The fund has an expense ratio of 50 basis points. Printed from: MFWire.com/story.asp?s=8930 Copyright 2005, InvestmentWires, Inc. All Rights Reserved |