The Bottom Line: US green bond funds are on the cusp of reaching and exceeding $1.0 billion in assets under management for the first time.
The Bottom Line: Sustainable municipal ETFs, a small investment category, reached over $1.0 billion in October having expanded by $262.9 million over the trailing three-months.
The Bottom Line: Dimensional Fund Advisors intends to convert six actively managed sustainable equity mutual funds with $26.1 billion into corresponding ETFs in early 2021.
The Bottom Line: Green bond funds reach $930.4 billion in assets at October month-end and are back on track to reach $1 billion in 2020.
The Bottom Line: Green bond funds in the US experienced positive cash flows in September and added $13.1 million to end September at $855.9 million.
The Bottom Line: Green bond funds posted a negative -0.38% average total return in August but added $35.6 million to end August at $842.8 million.
The Bottom Line: Green bond funds and ETFs reached $807.2 million as of July 31, likely to reach $1 billion in assets by year-end 2020.
The Bottom Line: Direct indexing is an option for qualifying passive investors seeking to customize portfolios to more precisely meet their sustainability values and preferences.