Morally sound stocks sought

Question of the Day

Is it still considered bad form to talk politics during a social gathering?

View results

Several Catholic groups have jumped into the spiritual investments camp, such as Catholic Values Investment Trust, based in Bridgeport, Conn. Founded in 1997, it steers money away from companies promoting birth control, abortion and weapons of mass destruction.

The Ave Maria Catholic Values Fund group steers money toward companies that follow Catholic moral principles.

As for Muslims, the Amana Mutual Funds Trust, which oversees two Islamic-related funds, diverts money from companies involved in gambling, liquor, pork products and pornography. The Bellingham, Wash.-based company began operations in 1986.

blog comments powered by Disqus