The problem with ESG funds

Over the last 10 years, more and more plan sponsors have opted for environmental and social mutual funds. The problem with these funds is fiduciary concerns since a fiduciary should strive for better performance for their plan. The Department of Labor (DOL) provided an update and clarified its investment duties regulation for employer-sponsored retirement plans, such as 401(k)that are governed by ERISA.

Link: The problem with ESG funds
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