环保投资铺平道路

Q4 Economics, Econometrics and Finance

Journal of Index Investing Pub Date : 2016-02-29 DOI:10.3905/jii.2016.6.4.129

Jennifer Sireklove

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引用次数: 1

摘要

本文描述了化石燃料储备或能源板块对标普500指数投资组合的业绩影响。我们发现，虽然经过筛选的投资组合的平均回报率和波动率在长期内与指数没有显著差异，但在短期内，绩效差异可能相当显著。不使用化石燃料的投资者应该准备好接受这种策略带来的重大跟踪误差。

本文章由计算机程序翻译，如有差异，请以英文原文为准。

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Fossil-Free Investing

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.

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来源期刊

Journal of Index Investing Economics, Econometrics and Finance-Finance

CiteScore

0.70

自引率

0.00%

发文量