For those of you who are trying to find a SRI mutual fund to invest in, Amy L. Fontinelle on her blog Two Pennies Earned, has done some of the heavy-lifting for you. She narrows down a long list provided by Social Investment Forum and Morningstar and reviewed 16 funds in depth. This is how she describes her process:

I started compiling the list from funds that had 9% or higher returns over a 10 year period. I aim for this return myself whenever choosing a fund since the S&P 500 historically returns this amount and my retirement calculations are therefore based on it. Then I expanded my list to funds that returned 7% – 9% since there were so few in the first category. I also added other funds that sounded like they might have potential.

She concludes with both a review of the common problems in SRI funds revealed through her research as well as her own personal choices of funds she would invest in.

Photo:smackfu, Creative Commons, Flickr