Price, Performance Separate These Socially Responsible Funds
Domini Impact Equity and TIAA-CREF Social Choice Equity both have High Morningstar Sustainability Ratings, but Bronze-rated TIAA-CREF fund has the edge.
David Kathman: Domini Impact Equity and TIAA-CREF Social Choice Equity are both socially responsible mutual funds that do a really good job of owning companies scoring well on a variety of environmental, social, and governance, or ESG, issues.
Both of them earn Morningstar Sustainability Ratings of High, and they have sustainability scores in the top 5% of the large-blend category--which is a good thing for investors who want to invest in a sustainable, socially conscious way.
David Kathman does not own (actual or beneficial) shares in any of the securities mentioned above. Find out about Morningstar’s editorial policies.