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Dedicated to all you tree huggers out there!
Socially responsible investing describes an investment strategy which combines the intentions to maximize both financial return and social good.
In general, socially responsible investors favor corporate practices with practices in line with environmentalism, consumer protection, quality, and diversity. Some (but not all) also avoid businesses involved in alcohol, tobacco, gambling, weapons and the military industry, and/or abortion.
Below is a list of mutual funds that are for the socially responsible investor:
Social Responsible Mutual Funds
- Calvert Funds
- Dreyfus Funds
- Gabelli & Company
- Integrity Funds
- MMA Praxis
- Neuberger Berman
- New Alternatives Funds
- Parnassus
Faith Based Investing
Do you want to put your money where your faith is?
- Amana Trust - Islamic
- MMA Praxis - Mennonite Church USA
- Catholic Equity- Catholic
Important - Please Read Carefully
Investors should consider the fund’s investment objectives, risks and charges and expenses carefully before investing. This and other information regarding the fund is included in the prospectus, which may be obtained by calling the investment company. Please read it carefully prior to investing. Mutual Funds are not guaranteed investments and involve risk, including possible loss of principal amount.
