PT  - JOURNAL ARTICLE
AU  - Jennifer Sireklove
TI  - Fossil-Free Investing
AID  - 10.3905/jii.2016.6.4.129
DP  - 2016 Feb 29
TA  - The Journal of Index Investing
PG  - 129--133
VI  - 6
IP  - 4
4099  - https://pm-research.com/content/6/4/129.short
4100  - https://pm-research.com/content/6/4/129.full
AB  - This article describes the performance impact of a fossil fuel reserve or energy sector screen on an S&P 500 Index–based portfolio. We find that although the average return and volatility of a screened portfolio are not meaningfully different from the Index over the long run, in the short run, performance differences can be quite notable. Fossil-free investors should be prepared to incur significant tracking error from such a strategy.TOPICS: Analysis of individual factors/risk premia, ESG investing, performance measurement