Show HN: Invest Your Money In What Matters to You

Re:Show HN: Invest Your Money In What Matters to You by dangoor on Tuesday June 10, 2014 @11:23AM (#7873034)

I like the idea, but I have to wonder if the 0.6% fee would be enough to make their form of socially responsible investing underperform the benchmarks.

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Re:Show HN: Invest Your Money In What Matters to You by chazlupei on Tuesday June 10, 2014 @11:32AM (#7873106)

that's a great question. The management fee is slightly higher than online advisors that use broad-index ETFs (Wealthfront, Betterment charge ~.25% to .35%). However to get to an apples-to-apples comparison, you have to include the ETFs expense ratio (which can range from .15% to .45%). When you look at other socially responsible investing options (mostly mutual funds), the 0.6% fee is rather low.

I wrote a post about historic performance of socially responsible investment (SRI) funds. Academic studies show that SRI funds meet or beat the benchmark in 89% of studies. http://blog.valuedinvesting.com/performance-and-responsible-...

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Re:Show HN: Invest Your Money In What Matters to You by dangoor on Tuesday June 10, 2014 @01:29PM (#7873984)

Ahh, I see. So you're investing in stocks therefore there's no added expenses beyond the 0.6%. I definitely agree that 0.6% is lower than a typical managed mutual fund management fee.

Thanks for the clarification!

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