Domini 400 @ Green Century Equity Fund
According to the Green Century Equity Fund (GCEQX) profile at Yahoo Finance, the fund’s date of inception was Sept. 13, 1995.
“The Fund seeks to achieve its objective by investing in the stocks which make up the Domini 400 Social Index (the KLD 400 Index),” says the 2-page Fund Brief posted at greencentury.com.
For more info on the history and nature of the Domini 400 Social Index, see the article below on Social Investing with ETF Funds.
The GCEQX fund’s administrator and advisor, Green Century Capital Management, was founded in 1991 “by a partnership of non-profit environmental advocacy organizations,” says the Fund Brief. As a result of this legacy:
“100% of the profits earned on the fees Green Century Capital Management receives for managing the Fund belong to these organizations and are available to fund the environmental and public interest advocacy work they perform.”
“The non-profits seek to preserve and protect the environment by campaigning for the conservation of clean air, clean water, and open space; filing lawsuits against companies that pollute illegally; and advocating for lower use of toxic chemicals and the reduction of greenhouse gases causing global warming.”
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