Sphere Expands Reach of Fossil-Free Index Fund

Walnut, California-based Sphere has partnered with Ascensus and Vanguard to offer the Sphere 500 Fossil-Free Index Fund. According to a press release, the fund (ticker: SPFFX), which launched last fall, invests in the top 500 U.S. companies by market capitalization, excluding the fossil fuel companies that are in that list. Beyond that, the Sphere fund votes the shares in the companies the fund does own in what it calls a “planet-friendly” way.
August 2, 2022
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