If You Want to Help a Bunch of Causes at Once…

Real Simple - - Relating -

On­line in­vest­ment com­pa­nies Wealth­sim­ple, Bet­ter­ment, Swell, and As­pi­ra­tion all have so­cially re­spon­si­ble in­vest­ing prod­ucts that aid var­i­ous is­sues. The sites make it easy to com­pare fees and past per­for­mance and to see how the com­pa­nies build their port­fo­lios—com­bi­na­tions of as­sets like stocks, bonds, mu­tual funds, and Ex­change Traded Funds (ETFs). Wealth­sim­ple and Bet­ter­ment, for in­stance, pri­or­i­tize ETFs, a bas­ket of stocks or bonds. Swell’s new Im­pact 400, a cus­tom­iz­a­ble stock port­fo­lio, com­prises pub­licly traded com­pa­nies that ad­dress at least one of the United Na­tions’ 17 Sus­tain­able De­vel­op­ment Goals. As­pi­ra­tion ac­tively man­ages its funds—mean­ing hu­mans, not al­go­rithms, tweak the mix. It also lets cus­tomers set their own fees and then do­nates 10 per­cent of the fee to char­ity.

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