Best performing sustainable funds in 2024 show strong returns aligned with ESG concerns

From Morningstar: 2024-06-17 05:20:00

The best-performing sustainable funds, like L&G Global Technology Index and SVS Sanlam North American Equity Fund, prove that high returns can align with ESG concerns. There are 10 funds with double-digit five-year returns, with 4 Gold-rated funds leading the pack. Tech and Indian stocks are main drivers of strong performance. Screening for high ESG and Medalist ratings narrows down fund choices. Morningstar incorporates strict sustainability metrics, including sustainability-themed investments targeting specific areas like Climate Action and Human Development.



Read more at Morningstar: Best Performing Sustainable Funds in 2024