Social Impact Funds Still an Unknown to Most U.S. Investors
Nearly three in four U.S. investors have heard little (34%) or nothing (40%) about the concept of “social impact investing” — choosing investments based on the social good they will accomplish as well as the financial return they will bring. Only 10% say they have money invested in such funds.
However, 33% say they are at least somewhat interested in investing in them (including those with funds already invested). Interest is slightly higher among female investors (39%), those younger than 50 (39%) and those with annual household incomes of $90,000 or more (38%).
The findings are from the latest Wells Fargo/Gallup Investor and Retirement Optimism Index poll, conducted Nov. 1-5, 2017. Investors interviewed for the survey are U.S. adults aged 18 and older with at least $10,000 in stocks, bonds or mutual funds.
Photo courtesy of Steven Depolo.