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Green index returns 98.5% vs. -10.69 for S & P 500.(News)(Brief Article)
BOSTON, MA -- A new study by Winslow Management Co. adds to the evidence that companies that are good to the environment are also good to their shareholders.
Since it was created four years ago, the Winslow Green Index (WGI), an equally weighted index of 100 "green-screened" companies, has had a cumulative increase in value of +98.5%. In comparison, the S&P 500 has had a cumulative decrease in value of-10.69%, while the Russell 2000 had a cumulative return of +32.77%. The annualized return for the period was +16.78% for the Winslow Green Index, in spite of the bear market of 2000 ...
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