[HN Gopher] Vatican urges Catholics to drop investments in fossi... ___________________________________________________________________ Vatican urges Catholics to drop investments in fossil fuels, arms Author : aloukissas Score : 26 points Date : 2020-06-18 22:27 UTC (32 minutes ago) (HTM) web link (www.reuters.com) (TXT) w3m dump (www.reuters.com) | thrown2020 wrote: | Impeach Gavin Newsom! | jawns wrote: | There is an easy way to do this, if you're so included. | | The S&P 500 Catholic Values ETF is basically a drop-in | replacement for other ETFs that track the S&P 500. I started | buying it a few months ago. | | https://www.globalxetfs.com/funds/cath/ | | Note that this ETF does not exclude oil companies like Exxon but | does exclude companies that manufacture weapons or engage in | other problematic activities. | | Yes, there will of course be trade-offs between an ETF like VOO | or SPY that has a much larger presence in the market. But for | some people, they're willing to make that trade-off to divest | from holdings they consider problematic. | | * Note: If you look at the top 10 holdings in CATH, you'll see | there are a bunch of tech companies, and they are certainly not | above reproof, in terms of their ethics. But I think many | socially conscious investors see a values-based fund or ETF, even | if imperfect, as better than nothing. ___________________________________________________________________ (page generated 2020-06-18 23:00 UTC)