HOW TO PLAY IT

If hedge funds like Impactive Capital seem inaccessible,

consider Brown Advisory Sustainable Growth

(BIAWX) as a core ESG holding. The

no-load fund’s managers seek out companies that have sustainable business advantages and effectively manage ESG risks. Lately, that means tech stocks (BIAWX had about 38% in tech as of September

30, 2020). The portfolio managers also engage with company management, support ESGrelated shareholder resolutions and report annually on the ways the fund’s investments have reduced emissions, promoted health and wellness and increased economic mobility. BIAWX avoids companies involved in gambling, alcohol, tobacco, weapons or fossil-fuel extraction. Top holdings include Microsoft, Danaher and Thermo Fisher Scientific. Yearto-date return is 31%; the minimum investment is $100.

Janet Brown is president of FundX

and editor of NoLoad FundX.