Since the Pulse nightclub shooting in Orlando in 2016, I’ve made a concerted effort to not invest in ETFs or mutual funds that hold stock in gun manufacturers, and to divest in funds who do. (I also buy my anti-NRA membership every year). But knowing if a given fund invests in the likes of American Outdoor Brands (AOBC) and Sturm Ruger & Co (RGR) can be difficult.
Enter gunfreefunds.org, one of several values-based websites run by As You Sow. There you can put in a stock symbol and see if the fund invests in gun manufacturers, and if so which ones.
As You Sow has other values-based websites too:
- fossilfreefunds.org
- genderequalityfunds.org
- deforestationfreefunds.org
- weaponfreefunds.org
- tobaccofreefunds.org
One tip is that when you look up a stock on one, scroll down to the Sustainability Scorecard and you can see the results from all their sites together, regardless of which one you are on. That’s way better than having to look up a fund in multiple places to see how it rates.
As with anything, this is just additional data to consider and should only be a part of your decision making process.
Oh, and while it should go without saying: I am not a financial planner, this is not financial advice, and stay hydrated.
Digital Ramblings 