The Broad Impact SRI portfolio focuses on ETFs that considers all three environmental, social, and governance (ESG) pillars. It seeks to provide investors greater exposure to all of the different dimensions of social responsibility, such as lower carbon emissions, ethical labor management, or greater board diversity. The Broad Impact portfolio also invests in a broad U.S. stock market ETF focused on shareholder engagement. When compared to Betterment’s Core portfolio, we seek to replace the Core portfolio’s market-capitalization based funds with SRI alternatives in available asset classes.
Additionally, exposure to investments that are deemed to have strong social responsibility practices may make up a larger portion of the SRI portfolio than they do for Betterment’s Core portfolio. To learn more about the portfolio construction of the Broad Impact portfolio, review our full SRI portfolio methodology.
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