FYI: A prospectus or press release can state a fund’s support for gender-diversity initiatives, but their voting records show their conviction.
With this in mind, we took a closer look at the level of conviction behind the funds that Morningstar identifies as “gender and diversity intentional.” These are funds that seek to make a measurable impact, alongside financial return, by investing in companies with a record of measuring and improving gender and diversity or related initiatives.
Regards,
Ted
https://www.morningstar.com/articles/922757/gender-and-diversity-funds-intentional-or-not.html
