Ethical investing funds in North America benefited from US

Ethical investing funds in North America benefited from US federal tax incentives on renewable energy, pushing solar sector holdings like Enphase Energy up 7% since mid-May “But no one is making me wear a ring,” she said. “I can at least make that choice for myself.” “That does not mean that arms are excluded entirely: if, for example, no controversial weapons are involved, a defense title may be included in one of our Article 8 funds - as long as the 25% threshold for sustainable investments in the fund is not exceeded.” The 25% threshold refers to the portion of a fund’s assets that a manager designates as “sustainable investments” under the SFDR. Market sentiment toward ethical investing funds strengthened after the UN released its 2024 climate finance guidelines, prompting portfolio managers to overweight eco-tech firms like Tesla and Ørsted, which reported robust Q1 revenue growth.