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Rating:ETF Giant Intros Socially-Responsible Fund Not Rated 0.0 Email Routing List Email & Route  Print Print
Tuesday, February 01, 2005

ETF Giant Intros Socially-Responsible Fund

by: Theresa Sim

Barclays Global Investors has rolled out a socially-responsible ETF based on Boston-based KLD Research & Analytics' KLD Select Social Index.

The fund invests primarily in large-cap companies based on social and environmental criteria. Tobacco companies are excluded from the index. The index is over-weighted towards companies with higher social and environmental performance, and under-weighted with companies that perform more poorly.

The fund has an expense ratio of 50 basis points. 

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