Historically green companies profit over their conventional counterparts just for doing the good deed. Don’t believe me, read this press release.

 

 

 

 

BOSTON, MA — The Winslow Green Index (WGI) is a “green-screened” equal weighted index of 100 stocks of U.S.-based corporations. In January 2006, the index was up 9.59% compared to 8.91% for the Russell 2000, 9.62% for the Russell 2000 Growth, 2.55% for the S&P 500 and 4.56% for the NASDAQ.

 

From its inception in August 1999 through January 2006, the WGI has risen 156.5% compared to a .1% rise for the Russell 2000 Growth, 64.8% rise for the Russell 2000, 3.7% drop for the S&P 500 and 12.6% drop for the NASDAQ.

 

Winslow Management Company portfolio managers, managers of the Boston-based Winslow Green Growth Fund (WGGFX), select constituents of the Winslow Green Index. Winslow believes that the index’s history indicates that investors can benefit from better performance when a green standard is applied to their stock picks.

 

The average market capitalization of companies in the index is $10.45 billion. They were originally selected in July of 1999 on the basis of environmental factors, including, but not limited to, minimal environmental footprint, compliance with environmental regulations, presence of a proactive environmental policy, and

 

products that benefit or minimize harm to the environment. The performance of the index is calculated every month, and index members are updated quarterly.

 

Companies are removed if they are no longer publicly traded or have a market capitalization below $50 million. In addition, companies are removed if their green performance becomes unacceptable. Such companies are replaced with companies that meet both Winslow’s “green” and market capitalization criteria.

 

Source: Winslow Green

156.5 percent rise? I feel stupid for making 7 percent of mutual funds!

Green is not just a state of mind. For investment options and facts about the fund, check Winslow Green Growth Fund.

Winslow Management Company, LLC is an independent, Boston-based investment management firm that specializes in small-cap growth equity investing. Incorporating traditional bottom-up fundamental analysis with an in-depth analysis of a company’s environmental and corporate governance practices, Winslow currently manages over $370 million (as of 3/31/06) in assets for individuals and institutions in three products-separately managed accounts, a hedge fund open to qualified investors and the Winslow Green Growth Fund, a mutual fund with an overall 4-star Morningstar Ratingâ„¢*. Winslow also publishes a quarterly informational newsletter, the Winslow Environmental News. Winslow is an SEC-registered investment adviser.

 

Tags: stock, green, energy, Winslow Green, WGI