by 4% to 5%, which he considers a major mistake. In his paper, Geczy argues that by putting 44% of your money into AHA Diversified Equity I Fund (AHDEX), 31% into Domini Social Equity Fund (DSEFX), 19% into Citizens Core Growth Standard Fund (WAIDX), 3% into Columbia Young Investor A Fund (LYIAX), and 3% into Thrivent Large Cap Stock A Fund (AALGX), you can reasonably mimic the Vanguard Total Stock Market Index Fund (a non-SRI fund), with virtually the same returns. This strategy shows that for true believers, SRI funds can be victorious and virtuous.
Socially responsible investment funds
Fund Name | Ticker | Return* | 3-Year Ann. Total Return* | 5-Year Ann.Total Return* | Initial Investment | Toll-Free Number | Expense Ratio |
Winslow Green Growth | WGGFX | Small Growth | 38.56 | 26.72 | 9.47 | 888-314-9049 | 5000 |
Calvert Large Cap Growth A | CLGAX | Large Growth | 13.93 | 15.73 | 5.53 | 800-368-2748 | 2000 |
Ariel | ARGFX | Mid-Cap Blend | 5.00 | 15.32 | 10.93 | 800-292-7435 | 1000 |
Pax World Balanced | PAXWX | Mod. Allocation | 8.29 | 10.41 | 4.27 | 800-767-1729 | 250 |
Domini Social Equity | DSEFX | Large Blend | 4.91 | 8.85 | 0.86 | 800-582-6757 | 2500 |
Calvert Social Investment Equity A | CSIEX | Large Growth | 5.64 | 8.27 | 2.81 | 800-368-2748 | 1000 |
Citizens Core Growth Stndrd | WAIDX | Large Growth | 5.42 | 7.84 | -1.92 | 800-223-7010 | 2500 |
Parnassus | PARNX | Large Growth | 6.45 | 3.65 | -0.82 | 800-999-3505 | 2000 |