Social Investment Forum: Two Thirds of Socially Responsible Mutual Funds Outperformed Benchmarks During 2009 Economic Downturn
PR Newswire | Jan. 21, 2010 11:00 AM
WASHINGTON, Jan. 21 /PRNewswire-USNewswire/ — The verdict on SRI mutual fund performance is in: A review of 160 socially responsible mutual funds from 22 members of the Social Investment Forum (SIF) finds that the vast majority of the funds — 65 percent — outperformed their benchmarks in calendar year 2009, most by significant margins.
These SRI funds topped benchmarks across nearly all asset classes, including balanced, large cap, small cap and global funds, as well as bonds. The performance data that was analyzed by the Social Investment Forum covered all of 2009 and was provided by an independent third party, Thomson Reuters.