Banking giant Morgan Stanley launched its first exchange traded fund at the beginning of 2023 to expand into retail investments. Interestingly, all six ETFs focused on environmental, social, and governance, or ESG. Under Calvert Research and Management, which Morgan Stanley owns, investors can choose from four index ESG strategies and two active ESG strategies. This article explores one of the six ETFs, the Calvert US Large-Cap Core Responsible Index ETF (CVLC ).
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