FYI: In 1928, an ecclesiastical group created what is recognized as the first publicly available socially responsible investment fund, The Pioneer Fund (now Pioneer Investments), according to Tom Roseen, head of research services at Lipper Thomson Reuters.
The fund was the first of its find to screen out tobacco, alcohol and gambling investments, according to a report. Today, many advisory firms invest based on SRI principles, and at least one firm well known to many advisors applies a long-term, principles-based investment strategy built on biblical truths.
Regards,
Ted
https://www.fa-mag.com/news/the-proof-is-in-the-principles-40685.html?print
