Going Green: Mutual Funds
Going green is not only great for the environment and eco-friendly but investing in green has also become good business. But what is the safest way for investors to get into the green market? In the article “Going Green With Mutual Funds” written by Mark Veverka he suggests that the best way to invest in green companies is through actively managed green mutual funds. Single-sector funds tend to be volatile, much like the industries they track. The green industry is influenced primarily by government policies, subsidies and regulations which can change rapidly and impact markets, according to John Segrich of Gabelli SRI Green Mutual Fund (MUTF: SRIAX). Segrich’s green mutual fund launched in 2007 and was the best performer in its category in 2009.