U.S. Investors Continue to Endorse Sustainable Investing
Last year’s record for flows was broken in July.
Sustainable funds in the United States have attracted a record $30.7 billion in net flows so far in 2020. It only took until July this year for sustainable funds to garner more flows than they did in all of 2019, and last year’s $21.4 billion net flow was itself 4 times higher than in any previous year. This year, flows have been averaging about $10 billion per quarter. For the third quarter, estimated net flows totaled $9.8 billion, representing 10% of overall U.S. fund flows.
Jon Hale does not own (actual or beneficial) shares in any of the securities mentioned above. Find out about Morningstar’s editorial policies.