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Positive screening
Looking for companies that do meet certain ethical or ESG standards
Negative Screening
Avoiding companies that don’t meet your ethical criteria
If a fund has out performed its benchmark
It is possible that it is showing a loss across the respective period
Just because it’s our performing its benchmark doesn’t mean it’s showing positive returns
They could both be down but the fund less down
Fettered and unfettered fund of funds
Fettered:
Can only invest in funds run by its own company
Unfettered:
Can buy funds from anyone