Just How Gender-Equity Focused Is That Fund, Anyway?

The fund industry continues to launch more funds investing with an eye toward environmental, social and governance, or ESG–150 in 2018 alone at last count. But are these funds doing as much good as their labels suggest. On Tuesday, As You Sow, a nonprofit focused on shareholder advocacy, released a new, free online tool to help investors address that question in terms of gender equity. Using it shows that the funds that rank high in terms of gender equity aren’t necessarily the ones that are labeled as such.