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Investing in Water: Bringing Water to the Sea

According to SocialFunds.com, “For socially responsible and green investors, investing in water can support a double bottom line of earning returns while supporting the environment and communities. A number of indices, accompanying ETFs, and mutual funds follow global water companies.”

“Christian W. Magoon, President and Senior Managing Director of Claymore Securities, told SocialFunds.com, ‘Water is the only commodity for which there is no replacement. Can we replace oil? Yes. Oil we can replace. Same with lumber or soybeans. There is only so much water on earth, but the demand for water itself is not affected by inflation or tax rates,’ Magoon said.”

“Water companies span a wide range of sectors and industries including infrastructure, utility, clean water production, efficiency, filtration, purification, monitoring, waste water treatment and pollution control. Sectors that can have a significant impact on water include chemical, steel, manufacturing, and agriculture.”

http://www.socialfunds.com/news/article.cgi/2536.html

Angela Wang

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