PT  - JOURNAL ARTICLE
AU  - William W. Jennings
AU  - Gregory W. Martin
TI  - Socially Enhanced Indexing
AID  - 10.3905/joi.2007.686409
DP  - 2007 May 31
TA  - The Journal of Investing
PG  - 18--31
VI  - 16
IP  - 2
4099  - https://pm-research.com/content/16/2/18.short
4100  - https://pm-research.com/content/16/2/18.full
AB  - While socially responsible investing (SRI) is large and growing, current SRI offerings have shortcomings—including style biases, excessive expenses, tracking error and an incomplete menu of screens. We propose using factor-based models in SRI-screened investment universes to create “socially enhanced indexing” or SRI enhanced indexing. Using commercial software and readily available portfolio screens, socially enhanced indexing offers mass customization of values-based investment programs on the cheap.TOPICS: ESG investing, factors, risk premia, mutual funds/passive investing/indexing