Jul 26
Faith-based mutual funds a $17.5 billion industry (Colorado Springs Gazette)
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A lot of investors look at several factors before sinking their money into a mutual fund: What's its performance over time? Is it large cap or small, blue chip or emerging market? What's the fund manager's experience? What fees are involved?
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One Response to “Faith-based mutual funds a $17.5 billion industry (Colorado Springs Gazette)”
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July 27th, 2008 at 10:28 am
Great post on faith-based investing!
When we invest in a company, or many companies in the case of a mutual fund, we share in the responsibility for the activities of those companies as well as participate in the outcomes of their corporate activities. Anyone valuing their personal or spiritual growth has to take these things into account when investing.
I believe that if everyone does invest according to their personal values, then, since so many of core values are alike — and are supportive of higher ideals — that in the long run, only companies employing these higher values will truly prosper.
I’ve been following socially responsible investing for about forty years. For anyone interested I have a site that covers the latest global news and research on the subject. It’s at http://www.investingforthesoul.com
Best wishes, Ron Robins