If I told you I was starting a new ethical fund and that
"invest[s] in stocks and bonds with differing investment styles and objectives. They're a great way to complement your portfolio with funds that reflect your values" -Vanguard
And then that it contained (ESGV)
1 Apple Inc. 2 Microsoft Corp. 3 Amazon.com Inc. 4 Alphabet Inc. 5 Facebook Inc. 6 Procter & Gamble Co. 7 Visa Inc. 8 JPMorgan Chase & Co. 9 NVIDIA Corp. 10 UnitedHealth Group Inc. *
You'd laugh
Oh and for reference here's VFIAX "The fund offers exposure to 500 of the largest U.S. companies" -V
1 Apple Inc. 2 Microsoft Corp. 3 Amazon.com Inc. 4 Alphabet Inc. 5 Facebook Inc. 6 Berkshire Hathaway Inc. 7 Johnson & Johnson 8 Procter & Gamble Co. 9 NVIDIA Corp. 10 Visa Inc.
Notice any similarities?
Does vanguard have any ESG funds that aren't just a mess of tech stocks and massive corporations who occasionally buy carbon offsets? Why buy ESGV at a .12% expense ratio vs VFIAX (admiral) at 0.04% at this point?
Submitted December 06, 2020 at 07:48PM by locke54 https://ift.tt/3lIIka4
