February 3, 2012 Financial Advisor Green | Ellie Winninghoff
Now HIP has applied its sustainability scoring system to preferred stocks and real estate investment trusts. In December, it introduced HIP Preferred, a portfolio of 60 preferred stocks targeting yield of 5.75%. And the HIP Sustainable Real Estate, a portfolio consisting of 45 securities expected to yield 4.2%, will go live in this year’s first quarter.
The bottom line is that the market is inefficient when it comes to performance-based sustainability.