Environmental, social, and governance (ESG) has been rightly criticized for driving the politicization of American business, and it is hard to think of a more politicized method of evaluating corporations than by their political contributions. This is exactly what the Democratic Large-Cap Core Fund (DEMZ) does. It is worth examining both for the specific companies in its investment portfolio, as well as for how it illustrates an important distinction with respect to ESG investing, even among those who are skeptical of the practice. The Democratic Large-Cap Core Fund is an exchange-traded fund that invests only in companies that support the Democratic Party. According to the fund, as of December 2020 approximately 200 of the 500 companies from the index met these criteria-itself an interesting data point-and the fund's portfolio was constructed from that group. Billing itself as a way for "Democrats to invest" and to "Invest in Democrats," DEMZ promotes its hold...
It's becoming increasingly difficult to discern fact from fiction, and unfortunately the media has a strong bias. They spin stories to make conservatives look bad and will go to great lengths to avoid reporting on the good that comes from conservative policies. There are a few shining lights in the media landscape-brave conservative outlets that report the truth and offer a different perspective. We must support conservative outlets like this one and ensure that our voices are heard.