Using ESG Book’s recently launched Fund ratings which are applied to over 4,000 ETFs and more than 32,000 mutual funds, we explore how marketing claims and the labelling of funds can be inconsistent with the actual data behind a fund’s investments. For this analysis, two groups of funds were selected. The first group contains any fund with ‘ESG’ in its name, and the second any fund with ‘climate’ within its name. These two groups contained 420 and 95 funds respectively, all of which have at least 68% market value coverage from ESG Book data.
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