@article {Jennings18, author = {William W. Jennings and Gregory W. Martin}, title = {Socially Enhanced Indexing}, volume = {16}, number = {2}, pages = {18--31}, year = {2007}, doi = {10.3905/joi.2007.686409}, publisher = {Institutional Investor Journals Umbrella}, abstract = {While socially responsible investing (SRI) is large and growing, current SRI offerings have shortcomings{\textemdash}including style biases, excessive expenses, tracking error and an incomplete menu of screens. We propose using factor-based models in SRI-screened investment universes to create {\textquotedblleft}socially enhanced indexing{\textquotedblright} or SRI enhanced indexing. Using commercial software and readily available portfolio screens, socially enhanced indexing offers mass customization of values-based investment programs on the cheap.TOPICS: ESG investing, factors, risk premia, mutual funds/passive investing/indexing}, issn = {1068-0896}, URL = {https://joi.pm-research.com/content/16/2/18}, eprint = {https://joi.pm-research.com/content/16/2/18.full.pdf}, journal = {The Journal of Investing} }