Welcome to the Section on Investments.
This section covers a range of different investment options available for retirement accounts. Social(k) provides access to thousands of traditional investments, though our true specialty is in Mutual Funds which incorporate ESG (Environmental, Social and Governance) investment options.
A Short Background On ESG Investments
In May of 1998 the Dept. Of Labor responded to a request for Calvert Funds asking if ESG, Environmental, Social or Governance, considerations applied to retirement plan fund decisions was allowed. This response is what allowed retirement plans to expand into ESG screened funds. Here is a link to The Calvert Letter. In early 2000, Social(K) begun offering a paperless 401(k) and 403(b) platform with Calvert Funds for sustainable organizations. Fast forward to today, and Social(K) has expanded to offer institutional pricing on all ESG options in the market, alongside low-cost traditional index funds with investor-friendly, industry leading expense ratios of approximately 1/10 of 1%.
Using ESG considerations and not just financial screens while appraising companies for investment consideration increases the understanding of what may happen in the future. At Social(K), we investigate company practices that may lead to better or worse financial performance; this process helps us further increase returns for our partners. These considerations are called screens. When you think of screens, think of a sieve and what is filtered out; Social(K)'s screening process filters out Environmentally un-sustainable / Socially-unethical / Governance-poor companies from the investment pool we bring to the table for our partners.
You can learn more about ESG basics by finding industry reports highlighting ESG performance over time. For any who seek it, they'll find a strong tie between climate change and ESG investing practices. Social(k) supplies custom ESG investment portfolios and options, including the world's first-ever ESG Target Date Portfolios SM (i.e. - Retirement-date ESG portfolios).